- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
SLV Call Option Loss
I have a call option loss on SLV of -$223. This was my only option trade.
It shows up on my 1099-B as a Section 1256 Contract.
I'm just not sure where to report this:
- Option
- A Section 1256 Contract
Should I report it as an option or a Section 1256 Contract? I asked this somewhere else but I am inclined to put it as an option. If I do it as a Section 1256 contract, TurboTax asks to input the Schedule of Straddles and Components and the amount to be carried back.
I have mentioned this in a previous post but am still a little confused although it is a nominal amount.
If you have made it here, thank you for reading through this!
‎April 10, 2022
1:21 PM