According to the following discussion, Forex transactions that are subject to Section 988 should be reported on 1040 schedule 1:
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-report-foreign-exchange...
On the other hand, according to the following document, such Section 988 transactions are to be reported on PA Schedule D:
https://www.revenue.pa.gov/FormsandPublications/PAPersonalIncomeTaxGuide/Pages/Gains-Losses-Sale-Exc...
However, if you report Forex transactions on Schedule 1 with TurboTax, such transactions would not be automatically entered into PA Schedule D. In addition, TurboTax does not allow you to add new transactions in the state tax return.
What should you do in this situation??
