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Section 1256 Description or "account description"? (Form 6781)
Hello,
I am finishing up tax return and the last hurdle is how to put "Description" for Form 6781. I am hearing that it could be brokerage account name or it could be security description. My Section 1256 part in 1099-B includes 3-4 tickers involved (SPX/UVXY/XSP), so I dont know how to put this all together for description.
Can someone help me to write the descriptions?
‎October 7, 2023
7:12 PM