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How to do SECTION 1256 REPORTING
Hi there, I bought one call option and sold one put option in 2023 and they both had un-realized capital gain on it on Dec 31 2023 as I have not closed them yet, but etrade already reported the un-realized capital gain on my 1099 form, where in Turbox tax to report such gains? TurboTax downloaded the 1099 directly from etrade but it seems to me it did not capture the un-realized gain that is subjet to Section 1256 reporting. Please let me know how to enter in TurboxTax. Thanks!
‎April 26, 2024
3:15 PM