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New Member
posted Sep 26, 2020 3:05:50 PM

How do you claim the exclusion of gain on the sale of qualified small business stock in Turbo Tax?

IRC Section 1202 allows you to exclude a portion of the eligible gain on the sale of qualified small business stock. In Turbo Tax, where do I go to indicate that the sale is eligible for the exclusion?

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1 Best answer
Level 15
Sep 26, 2020 3:10:14 PM

Read the information in the recommended answer at the link below.

 

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-am-eligible-for-a-section-1202-exclusion-how-do-i-indicate-that/00/150287

1 Replies
Level 15
Sep 26, 2020 3:10:14 PM

Read the information in the recommended answer at the link below.

 

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-am-eligible-for-a-section-1202-exclusion-how-do-i-indicate-that/00/150287