Just to clarify, did you follow these steps when entering your profit and loss information for your Section 1256 contracts (futures)
- Select Contracts and Straddles under Investment Income (TurboTax CD/download) or
- Select Contracts and Straddles under the section Less Common Investments and Savings (TurboTax online).
- At the screen, Section 1256 Contracts, you entered your Total Profits, and/or Total Losses.
Assuming you followed the above steps, are you still seeing error messages indicating that these Section 1256 contracts need further review? Also, which version of TurboTax are you using? If you have TurboTax CD/download, you can select Forms (upper right of screen) and review the amounts on Form 6781, lines 8 and 9.
@jayw78
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
