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Get your taxes done using TurboTax
First screen says
"Any contracts or straddles?" and "These include - Gain (or Loss) on Section 1256 Contracts Under Mark-to-Market Rules". So I only enter trades here if I'm electing Mark-to-Market? If I'm not electing MTM, do I enter them later?
Different year, same problem. This desperately needs programmer attention. 1256 is easy to understand and useful - why does TurboTax make this so unnecessarily difficult?
March 3, 2025
2:16 PM