https://ttlc.intuit.com/community/taxes/discussion/where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728407#M613612 Mon, 05 Oct 2020 12:28:33 GMT joshhmanson 2020-10-05T12:28:33Z https://ttlc.intuit.com/community/taxes/discussion/where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728407#M613612 Mon, 05 Oct 2020 12:28:33 GMT https://ttlc.intuit.com/community/taxes/discussion/where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728407#M613612 joshhmanson 2020-10-05T12:28:33Z https://ttlc.intuit.com/community/taxes/discussion/re-where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728415#M613613 <P>You need to use the separate interview for Section 1256 securities, not the "Stocks, Mutual Funds, Bonds, Other" interview.&nbsp; The interview you need to use is "Contracts and Straddles."</P> Mon, 05 Oct 2020 13:09:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728415#M613613 TomYoung 2020-10-05T13:09:42Z https://ttlc.intuit.com/community/taxes/discussion/re-where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728563#M613655 <P>section 1256 activity gets reported on form 6781. generally, no detail is entered. just a summary total of the net gain or loss for each brokerage you used. form 6781 is for contracts and straddles.&nbsp; &nbsp; automatically 60% will be long-term and 40% will be short-term regardless of the actual holding period.&nbsp;</P> Mon, 05 Oct 2020 16:54:50 GMT https://ttlc.intuit.com/community/taxes/discussion/re-where-can-i-enter-the-total-for-my-1256-options-rather-than-putting-each-one-in-individually/01/1728563#M613655 Anonymous 2020-10-05T16:54:50Z