GeorgeM777
Expert Alumni

Investors & landlords

To the extent a taxpayer has multiple Section 1256 contracts to report, Form 6781, Gains and Losses From Section 1256 Contracts and Straddles will include only the summary of all transactions.  In effect, the taxpayer makes one line entry for all applicable transactions.  In the case of multiple transactions, the taxpayer will need to attach a separate statement listing each straddle.  A Section 1256 does not include, among other things, options on a securities future contract, and therefore, those type of options are not included on Form 6781.  

 

@Sam Shaw 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"