Section 1256 Contracts

meanjeanslo88 — Wed, 04 Mar 2026 02:07:14 GMT

I am reporting on one of my brokerages for the Section 1256 Contracts and am not sure which number I should enter. The 1099-B has:

8 - Profit or Loss realized in 2025 on closed contracts -XXX (negative)

9 - Unrealized profit or loss on open contracts 12/31/2024 -XXX (negative)

10 - Unrealized profit or loss on open contracts 12/31/2025 XXX (positive)

11 - Aggregate profit or loss on contracts XXX (positive)

All of these have a number. Do I just report the number for field 11?

Re: Section 1256 Contracts

Mike9241 — Wed, 04 Mar 2026 02:29:42 GMT

yes 11.

Under 1256 open contracts are deemed sold on 12/31, and the unrealized profit or loss is included in the current year's aggregate taxable income or loss. Unrealized profit from the prior year is treated as a loss in the current year, while an unrealized loss from the prior year is treated as a profit in the current year

topic Section 1256 Contracts in Business & farm

Section 1256 Contracts

Re: Section 1256 Contracts