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How do I enter a 1099-B for futures contracts?

It does not have a cost basis so cant enter usual 1099=B
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1 Reply
JamesG1
Expert Alumni

How do I enter a 1099-B for futures contracts?

You will have to determine the cost basis from your personal trade records.

 

In TurboTax Premium Online, enter 'contracts and straddles' in the Search magnifying glass in the upper right hand corner of the screen.

 

Click on Jump to contracts and straddles.

 

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