Enter Section 1202 exclusion amounts
Enter qualifying Section 1202 gains eligible for the partial exclusion in one of the
Section 1202 gains
fields on the Income
, 28% G/L
tab.Planner CS automatically calculates the exclusion from income. For tax years 1998 and later, Planner CS also calculates the AMT adjustment related to the Section 1202 exclusion; view the
Percent for Sec 1202 exclusion
and Section 1202 exclusion
fields on the AMT
, Alt Min Tax
tab.