Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

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My understanding is that most trades on Coinexx Ltd. do not qualify as Section 1256 contracts. To qualify for Section 1256, they need to be traded on a qualified US or foreign board of trade.

You will need to report these transactions in TurboTax as capital gain/loss. Here is an article that should help you enter the information.

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Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

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Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

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Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

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Do I report taxes as a 1099 B or section 1256 contracts and straddles for Coinexx Ltd, which is a foreign trading platform using metatrader 4 or 5 does futures contracts

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