Thanks Mike. I do realize now that the file is called 1099 Composite, and within the form it mentions
"OPTIONS SUBJECT TO SECTION 1256 REPORTING- Report on Form 6781 Gains and Losses from Section 1256 Contracts and Straddles."
So after checking what's under 1256 Options Activity, I'm realizing the 1099 Composite page is just a summarized relay of what's under the more detailed, 1256 options activity page.
The only options I did are 0DTE put/call credit spreads on cash settled options.
Under 1256 Activity I do get a more detailed view with the columns: options symbol, transaction type description (SALE, BUYCOVER), Quantity, Open Date, Close Date, Opening Amount, Closing Amount, Realized Gain Loss
I'm still figuring out which column do i get total proceeds from, and which column do i get cost basis from? I'm guessing total proceeds should be the closing amount, and cost basis should be the opening amount.
This is all I'm prompted for when filling out the 1099 section in turbo tax. However, I'm not sure I'm in the right turbo tax view for filling out this info
