The question was already asked with the answer below.

How do I generate the Section 1202 Exclusion on the Schedule D?

Solution:

To generate the Section 1202 Exclusion:

1. Navigate to Screen 17, Dispositions.
2. Enter Description of the Property.
3. Enter Date Acquired .
   • Note: For the purpose of Section 1202 Exclusion this can not be a Various date or a date before August 10, 1993
4. Enter Date Sold.
5. Enter Cost or Basis.
6. Enter Sales Price.
7. Scroll down to the Schedule D section.
8. Find the QSB Stock heading.
9. Enter 1 = qualified small business stock, 2 = business located in empowerment zone.