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Below are the steps to enter the Regulated Futures Contracts and Options 1099-B information in TurboTax:
The answer by TurboTax MichaelDC from June 2019 needs to be updated slightly to match the 2022 TurboTax Online version of the software. I'm not a financial advisor or a tax advisor, just a regular TurboTax user doing my own taxes again this year. I just entered my 1099-B Aggregate Profit-Loss amount for my Regulated Futures Contracts accounts. Here are the exact steps I followed in this year's 2022 TurboTax Online:
The form will ask only for the Broker’s Name and information in boxes 8 and 11 on your 1099-B. Be aware, box 8 on my 1099-B reports a dollar amount of profit-loss, but TurboTax asks for you to enter a Description here. I entered the title of Box 8, Profit-loss 2022 on Closed. Then I entered my Aggregate Profit-loss dollar amount in box 11.
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