On a 1099-DIV, TT is asking "what exclusion percentage do you see on your statement. Box 2c has $0.00 section 1202 gain. Does that mean 100% exclusion?

[JohnB5677]

No, a zero means you do not have an exclusion.

• Box 2c. Section 1202 Gain
• Enter any amount included in box 2a that is a section 1202 gain from certain qualified small business stock. 
• If there is no entry, or a zero, you do not have an exclusion.

[SteamTrain · Accepted solution]

In general...for most (all?) forms in the TTX software...boxes with a zero in them on paper..those should normally be left entirely blank on the software form.

[richard_crimi]

Wow, thanks for the tip.  Who would have ever known that zero doesn't mean nothing?  I did as you suggest and downloaded the 1099-DIV again and this time, no error.  It's rather non-intuitive to me that one needs to do that to make the software work correctly.