“Regulated Futures Contracts” (e.g., Section 1256 contracts) from Form 1099-B are not supported by the Turbo Tax® import function and have to be manually entered.
Please follow steps below to enter commodity futures contracts:
- Federal
- Income & Expenses
- Scroll down to Investment Income & Click on "Show More"
- Click Start next to "Contracts and Straddles" & Answer Yes
- Continue and enter your Section 1256 contracts
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