Gain from Form 2439

Official source

If you received a Form 2439 with a gain in box 1c, part or all of that gain (which is also included in box 1a) may be eligible for the section 1202 exclusion. Report the total gain (box 1a) on Schedule D, line 11. In column (a) of Form 8949, Part II, enter the name of the corporation whose stock was sold. In column (f), enter “Q,” and in column (g), enter the amount of the excluded gain as a negative number. See the Instructions for Form 8949, columns (f), (g), and (h). If you are completing line 18 of Schedule D, enter as a positive number the amount of your allowable exclusion on line 2 of the 28% Rate Gain Worksheet; if you excluded 60% of the gain, enter 2 / 3 of the exclusion; if you excluded 75% of the gain, enter 1 / 3 of the exclusion; if you excluded 100% of the gain, don’t enter an amount.

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Gain from Form 2439

Official source

If you received a Form 2439 with a gain in box 1c, part or all of that gain (which is also included in box 1a) may be eligible for the section 1202 exclusion. Report the total gain (box 1a) on Schedule D, line 11. In column (a) of Form 8949, Part II, enter the name of the corporation whose stock was sold. In column (f), enter “Q,” and in column (g), enter the amount of the excluded gain as a negative number. See the Instructions for Form 8949, columns (f), (g), and (h). If you are completing line 18 of Schedule D, enter as a positive number the amount of your allowable exclusion on line 2 of the 28% Rate Gain Worksheet; if you excluded 60% of the gain, enter 2 / 3 of the exclusion; if you excluded 75% of the gain, enter 1 / 3 of the exclusion; if you excluded 100% of the gain, don’t enter an amount.