@fanfare
Great. That sounds more reasonable than putting individual tickers.
It's kind of along the line of what I have confusion, but from Brokerage 1099-B, I thought the loss is calculated, (and therefore, value is reported in amounts from 1099-B), but looking at Form 6781, there is also Part I A From Schedule K-1. So there are two reported values from K-1 Schedule and Section 1256, but I feel like the loss is duplicated report in Form 6781 because the same traded ticker is included.
Specifically, it's UVXY from K-1 schedule that has the amount loss reported in Section 1256. Shouldn't section 1256 from 1099-B include the amount loss that's reported in K-1 schedule as well?
I traded both UVXY shares and loss. K-1 Schedule clearly says -390$ as "Other income" and while I can't really calculate how -392 comes out, I think
I see section 1256 part of 1099-B does NOT include transaction history for UVXY, but simply option trading only (transaction for shares are included in 1099-B, "Proceeds from Broker and Barter Exchange Transactions"), so the loss from K-1 schedule shouldnt be included here in Form 1256.
Can you tell me how it should be reported?
Thank you so much!
