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zacharyr0b1
Returning Member

Section 1256 for an Irrevocable Trust

Hello, I am trying to file a tax return on a Trust that was created when my father passed. He had some option contracts that were transferred into the trust and expired, and this created some profit. I don't have a section on the Business return to report section 1256. What do I do? 

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1 Reply

Section 1256 for an Irrevocable Trust


@zacharyr0b1 wrote:

I don't have a section on the Business return to report section 1256. What do I do? 


You have to prepare Form 6781 in Forms Mode.

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