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How do I resolve this error a Section 1256 Contracts and Straddles from a K-1
This is a little odd, but yesterday I was working on taxes and had no errors. I was getting ready to print taxes this morning, and now I have an error.
I have a $ 711 loss from Section 1256 contracts and straddles sales from a K-1. It transfers to that section, but now it is asking a question on Form 6781 that I don't know how to answer.
I checked Box D. The K-1 reports a Box 11 value of -711 and a ZZ code of -82.
How do I determine the amount of loss to be carried back?
‎September 19, 2024
8:12 AM