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February 20, 2025
Question

How do I enter a 1099-B for futures contracts?

  • February 20, 2025
  • 1 reply
  • 0 views
It does not have a cost basis so cant enter usual 1099=B

    1 reply

    February 27, 2025

    You will have to determine the cost basis from your personal trade records.

     

    In TurboTax Premium Online, enter 'contracts and straddles' in the Search magnifying glass in the upper right hand corner of the screen.

     

    Click on Jump to contracts and straddles.

     

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