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Retirement tax questions
Thanks, that got me in the right section there, but again the TurboTax questions don't line up with my simple 1099-B. In the numbered boxes I only have values in 8, 9, 10, and 11; that's all, nothing else, no other values, and no checkboxes are checked, very simple. The TurboTax prompt does not line up since box 8 is a numeric value on my form but TurboTax wants a description (see image). I think this refers to a different form somehow.
When entering the TurboTax screen I selected "Net section 1256 contracts loss election" and then on the next page I selected "Section 1256 contracts marked to market," but I don't think that should matter much.
Is this the right TurboTax screen for my futures account 1099-B? It seems like it should be correct but the disconnect with box 8 is bothering me. Thanks for any help!
The form on TurboTax: 1256 Contracts and the other options I mentioned above bring me here: