Screen 2439 - Shareholder Undistributed Long-Term Capital Gains (1040)

Overview

The RIC or REIT name in this field becomes the unit description. This field is mandatory.
Enter the state code for proper state processing.
Amounts in these fields transfer to the line of Schedule D.
Amounts in these fields transfer to the line of Schedule D.
Part or all of the section
1202 gain
may be eligible for an exclusion from income. The taxpayer will need to have held an interest in the RIC/REIT that sold the qualified small business stock (QSB) on the date it was acquired and continuously until the stock was sold. If the taxpayer qualifies for the exclusion, select the exclusion code.
Amounts in these fields transfer to the line of the 28% Rate Capital Gain Tax Worksheet.
An amount in this field will be reported on Schedule 3 (Form 1040), line 13a.
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