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Level 2
posted Mar 29, 2025 2:35:26 PM

OPTIONS SUBJECT TO SECTION 1256 REPORTING in TurboTax Business for 1099B of Irrevocable Trust investment account

1099B says to enter section 1256 information on form 6781. How do I access 6781 in TurboTax business?

 

Thank you very much!

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1 Replies
Expert Alumni
Apr 8, 2025 11:18:49 AM

In the program, go to the forms mode in your return. Select open form once you are there, then type in 6781. Once the form appears in the dialogue box, select it and it will open. Here you can enter the number directly on the form.