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Business & farm
To report these correctly:
- After logging into Turbo Tax
- Go to federal>income and expenses>Investment Income>start or review>
- Go to Contracts and Straddles>start or review
- Here is where you will enter information about your 1256 contracts.
- If you need additional help about your specific need, I would suggesting to call tax support at 1-800-446-8848 as they have the ability to look at your screen to assist you in reporting the transactions properly.
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‎February 14, 2021
2:10 PM