My brokerage included a series of index option trades when I imported my 1099B from them. These options are SUPPOSED to be reported in the 1256 section, but here they are.
Do I just delete them and enter the consolidated 1256 reporting the way it is supposed to be?
(They all came in with wrong values, etc, because they are all non-reported and don't match the same format as the rest of the 1099 entries)
Where do I enter the unrealized items here? The Straddles and Contracts walk-through doesn't mention those:
This is what my brokerage 1099 (pdf format) shows for them:
REGULATED FUTURES CONTRACTS & SECTION 1256 OPTIONS
2021 Form 1099-B* OMB No. 1545-0715
8- Profit or (loss) realized in 2021 on closed contracts 1234.56 C
9- Unrealized profit or (loss) on open contracts - 12/31/2020 1234.56 C
10- Unrealized profit or (loss) on open contracts – 12/31/2021 0.00
11- Aggregate profit or (loss) on contracts 1234.56 C
Yes, if the index options were entered in the wrong section, then delete them from where they are and enter them into the correct spot.