Triva isn't available right now.
Check out the support page for our phone number and hours
Legal
Recommended Products
-
Westlaw
Conduct legal research efficiently and confidently using trusted content, proprietary editorial enhancements, and advanced technology.
-
Practical Law
Fast track case onboarding and practice with confidence. Tap into a team of experts who create and maintain timely, reliable, and accurate resources so you can jumpstart your work.
-
HighQ
A business management tool for legal professionals that automates workflow. Simplify project management, increase profits, and improve client satisfaction.
Questions? We are here to help
Tax & Accounting
Recommended Products
-
Checkpoint Edge
A powerful tax and accounting research tool. Get more accurate and efficient results with the power of AI, cognitive computing, and machine learning.
-
UltraTax CS
Provides a full line of federal, state, and local programs. Save time with tax planning, preparation, and compliance.
-
SurePrep 1040SCAN
Automate workpaper preparation and eliminate data entry
Questions? We are here to help
Trade & Supply
Recommended Products
-
Foreign Trade Zone Management
Software that keeps supply chain data in one central location. Optimize operations, connect with external partners, create reports and keep inventory accurate.
-
Indirect Tax
Automate sales and use tax, GST, and VAT compliance. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy.
Questions? We are here to help
Risk & Fraud
Recommended Products
-
CLEAR
Search volumes of data with intuitive navigation and simple filtering parameters. Prevent, detect, and investigate crime.
-
Fraud Detect
Identify patterns of potentially fraudulent behavior with actionable analytics and protect resources and program integrity.
-
ID Risk Analytics
Analyze data to detect, prevent, and mitigate fraud. Focus investigation resources on the highest risks and protect programs by reducing improper payments.
Questions? We are here to help
News & Media
Recommended Products
-
Reuters Connect
Around the globe, with unmatched speed and scale, Reuters Connect gives you the power to serve your audiences in a whole new way.
-
Reuters Plus - Content Studio
Reuters Plus, the commercial content studio at the heart of Reuters, builds campaign content that helps you to connect with your audiences in meaningful and hyper-targeted ways.
-
Reuters.com Platform
Reuters.com provides readers with a rich, immersive multimedia experience when accessing the latest fast-moving global news and in-depth reporting.
Questions? We are here to help
Books
Recommended Products
-
What's new in legal products
Shop our latest titles
-
Shop tax customer favorites
ProView Quickfinder favorite libraries
Questions? We are here to help
Developers
-
APIs by industry
-
Related sites
-
United States Support
-
International support
-
New releases
-
Join a TR community
-
Free trials & demos
Section 1202 gain eligible for exclusion
Part or all of section 1202 gain may be eligible for an exclusion from income. Gains that qualify for the exclusion report as follows.
- The exclusion amount reports on Form 8949, Part III. This amount is determined by multiplying the box 1c amount by the exclusion percentage.
- 7% of the excluded gain reports on Form 6251.
- The taxable amount reports on the 28% Rate Capital Gain Tax Worksheet, line 2.
note
In accordance with Form 2439 instructions for the shareholder, the amounts in box 1c represent the portion of box 1a attributable to a section 1202 gain. Therefore, to properly report the taxable section 1202 gain, enter data in both boxes 1a and 1c.