Which of these boxes should I check if I traded Section 1256 contracts in 2019?

[wachiga2]

In 2019, I made money on (buy to open and sell to close) SPX options. Which of these boxes do I need to check? Screenshot:  https://i.imgur.com/WeC63vM.png

[DavidD66]

If you were simply buying and selling SPY options during the year, you would report those gains/losses the same as you would other investment gains/losses, and you wouldn't be seeing that screen.  If you were buying straddles, and/or Section 1256 trades and you're unsure what to check, you should consult with a local tax professional that is familiar with taxation of option trades.

[wachiga2]

SPX contracts are section 1256 and have to be filed separately 

[DavidS127]

Refer to the instructions for Form 6781 starting on page 2 of the PDF at this link for guidance on your Section 1256 contract reporting.

[xxxbrisbin]

Separately from what?  Please clarify in relation to turbotax questions.

[amitlohia]

Can anyone answer this with clear instruction as what box should we check for SPX options?

[DaveF1006]

To report these correctly:

1. After logging into Turbo Tax
2. Go to federal>income and expenses>Investment Income>start or review>
3. Go to Contracts and Straddles>start or review
4. Here is where you will enter information about your 1256 contracts. 
5. If you need additional help about your specific need, I would suggesting to call tax support at 1-800-446-8848 as they have the ability to look at your screen to assist you in reporting the transactions properly.