To delete the information you entered under "Contracts and Straddles" while logged in to your return
- Go to Federal
- Click on Wages & Income
- Scroll down to "Contracts and Straddles" and click on Edit/Add
- Click "Continue" until you come to the screen with "Straddle Gains" or whatever type of gains/losses you entered
- Click "Delete" next to each item listed
- Continue until you have deleted all trades positions you entered
After you have deleted all position in Contracts and Straddles, return to Wages and Income and click Edit/Add next to Contracts and Straddles and answer No to "Any Straddles or Section 1256 Contracts?".
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