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New Member
posted Jan 29, 2020 12:15:08 AM

What is form 6781

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1 Replies
Intuit Alumni
Jan 29, 2020 6:49:12 AM

hi!

Form 6781 reports Gains and Losses From Section 1256 Contracts and Straddles.  It is a tax form used to report gains and losses from straddles or financial contracts. For reported investments, 40% of the gain or loss is reported as short-term, and the remaining 60% reported as long-term.