@DMarkM1
Thank you.
When calculating the net long term capital gains, do we include losses from section 1256 contracts and straddles on form 6781 since a portion of these are considered long term capital losses and net them against the gains in form 8949 (see below)
(or )
Do we only state the long term capital gains from part II of form 8949 (sales and other dispositions of capital assets)?
As an example if form 8949 has net LTCG of 10000 but 6781 has an attributed LTC loss of 15000, do I enter 10000 on the AZ tax form 140 line 23 or leave it at 0?
Thank you for your help.
