MarilynG1
Expert Alumni

Get your taxes done using TurboTax

  1. Federal Taxes
  2. Wages and Income
  3. Scroll down to Investment Income
  4. Select Contracts and Straddles - answer yes to Any Straddles or section 1256 contracts, don't check any elections (unless they apply to your situation), check the box Section 1256 contracts market to market, continue through the interview.

Here's more discussion on Reporting Futures Trading and Form 6781.

 

@SanD8 

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