This is for ProSeries Professional - On 1099-B Worksheet input, double click on line where you are entering data. Scroll down to Part II Specific Adjustments and Code Q - Qualified Small Business stock exclusion.

Does anyone know if pro series basic can report a section 1202 stock sale?

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@EdFred54 wrote:

Does anyone know if pro series basic can report a section 1202 stock sale?

 

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Basic has the same layout as Professional for Sch D/1099B entries, dascpa's answer is correct.

Open the 1099B worksheet, scroll down to the entry table and double click on the entry line, scroll down that supporting worksheet to Part III (Im looking at a 2022 version of basic, so the placement may be a bit different, but its there!).