Looney1966
Returning Member

Section 1256 & Form 6781

I have a question on how to enter Options that are subject to Section 1256 reporting on form 6781.  I cannot get my statement to import so I am trying to enter my self. I have included the Schwab statement I received, but unsure how to answer the questions in TT. 

Do these show up in Part I, Part II or Part III of 6781?

Do I take the loss in 2020?

I am unsure of what I have to do to get these to show up correct on my return.  When I do enter them they show under  Part 1 but I have nothing marked at the top of the 6781(mixed straddle, net 1256, mixed straddle account or straddle by straddle) and then the loss carries to Schedule D - Is that correct? How do I know what they are?1.jpeg