FOREX.COM AND 1099-B

[HOPE2]

Hi to all folks.

Client has a 1099-B from Forex and annual statement shows loss. Where can I enter it?

Is this section 988 foreign currency?

Thanks for your help.

[qbteachmt]

Is this the same taxpayer for the topic you already asked, here:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/1099-b-from-gain-capita...

If so, no need to ask twice.

[HOPE2]

Thanks. I tried to find my last question to reply it to ask a help so that I thought that I did not posted already so I posted again my question sorry about that. Could you please help me to find my answer.

[sjrcpa]

per the 1099-B instructions, Boxes 8 -11 go on Form 6781.

2023 Form 1099-B (irs.gov)

[HOPE2]

Thanks, and what is your idea about my question?

[sjrcpa]

https://proconnect.intuit.com/community/practice-advice/discussion/regulated-futures-contracts-secti...