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Get your taxes done using TurboTax
just enter the 11C amount on the k-1 it will automatically carry to form 6781
What Do I fill out for the following questions that Turbotax asks?
Question 1: Any Elections?
Check the box for any applicable contract and straddle? elections that you want to make. DONT CHECK ANY BOX don't enter anything but the 11C amount and you are done.
* Mixed straddle election
* Straddle-by-straddle identification election
* Mixed straddle account election
* Net section 1256 contracts loss election
Question 2: check anything that applies
Do I check this? Section 1256 contracts marked to market
Question 3:
* Broker: ?
* 8 - Account Description: ?
* 11 - Total Profits/Loss: 48?
I am not sure what Broker was involved and what to write as the account.
‎April 9, 2023
12:45 AM