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How do I enter income from substitute 1099B. OMB 1545-0715?

I have a loss from future contracts.

Best answer by Ashby

Below are the steps to enter the Regulated Futures Contracts and Options 1099-B information in TurboTax:

Click on the Federal Taxes tab
Select the Wages and Income tab
Select the EXPLORE ON MY OWN option (this may require you to click through one or two other screens beforehand)
Scroll down to the Investment Income subgroup
Next the Contracts and Straddles line, and click the start button
Answer YES that you had Sec. 1256 contracts
Don't make any special elections selections unless they apply to you
On the Contracts and Straddles page, choose the box next to the Sec. 1256 Contracts marked-to-market
Click continue, and from there TurboTax will take you through the necessary questions and answers tree.

AshbyAnswer

Below are the steps to enter the Regulated Futures Contracts and Options 1099-B information in TurboTax:

Click on the Federal Taxes tab
Select the Wages and Income tab
Select the EXPLORE ON MY OWN option (this may require you to click through one or two other screens beforehand)
Scroll down to the Investment Income subgroup
Next the Contracts and Straddles line, and click the start button
Answer YES that you had Sec. 1256 contracts
Don't make any special elections selections unless they apply to you
On the Contracts and Straddles page, choose the box next to the Sec. 1256 Contracts marked-to-market
Click continue, and from there TurboTax will take you through the necessary questions and answers tree.