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Get your taxes done using TurboTax
section 1256 activity gets reported on form 6781. generally, no detail is entered. just a summary total of the net gain or loss for each brokerage you used. form 6781 is for contracts and straddles. automatically 60% will be long-term and 40% will be short-term regardless of the actual holding period.
‎October 5, 2020
9:54 AM