Does the 2023 tax year version support import of Section 1256 ('commodity' futures and options) gains and losses. I could not find any info dated in 2024.
02316
1 Best answer
Mike9241
Level 15
Mar 24, 2024 9:02:11 PM
see investment section - contracts and straddles. that's where the net 1256 gain/loss is entered. (form 6781)
2 Replies
fanfare
Level 15
Mar 24, 2024 7:15:27 PM
Section 1256 is Mark-To-Market.; only your net gain or loss for the year shown on your statement has to be entered.
Mike9241
Level 15
Mar 24, 2024 9:02:11 PM
see investment section - contracts and straddles. that's where the net 1256 gain/loss is entered. (form 6781)