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New Member
posted Apr 12, 2022 5:27:32 PM

Turbo Tax online will not let me open or start a new form 6781. How can I enter my straddles in summary form??

I tried typing in the form

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1 Replies
Level 15
Apr 13, 2022 5:55:04 AM

To enter your contracts and straddles in TurboTax Online:

  1. If you’re on the Hi TurboTax Client, let's keep working on your taxes! screen, click the Pick up where you left off button
  2. Click Federal in the left pane, if you’re not already there
  3. Click Income & Expenses in the banner
  4. Click the Show more dropdown to the right of Less Common Investments and Savings
  5. Click Start to the right of Contracts and Straddles
  6. Click Yes on the Any Straddles or Section 1256 Contracts? page
  7. On the Any Elections? page, check the box(es) next to the  appropriate contract and straddle elections that you want to make
  8. Enter all relevant information on the ensuing screens.

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