EFTA01222763.pdf

Gains and Losses From Section 1256 OMB No. 1545-0644 Fonn 6781 Contracts and Straddles 2018 Department of the Treasury P. Go to www.ws.gov/Fortn6781 for the latest information. Attachment Internal Revenue Service II. Attach to your tax return. Sequence No. 82 Name(s) shown on tax return Identifying number Check all applicable boxes (see Instructions). A O Mixed straddle election C O Mixed straddle account election B O Straddle-by-straddle identification election D O Net section 1256 contracts loss election 8111 Section 1256 Contracts Marked to Market (a) Identification of account (b) (Loss) (c) Gain 1 2 Add the amounts on line 1 in columns (b) and (c) . . 3 Net gain or (loss). Combine line 2, columns (b) and (c) 4 Form 1099-B adjustments. See instructions and attach statement 4 5 Combine lines 3 and 4 5 Note: If line 5 shows a net gain, skip line 6 and enter the gain on line 7. Partnerships and S corporations, see instructions. 6 If you have a net section 1256 contracts loss and checked box D above, enter the amount of loss to be carried back. Enter the loss as a positive number. If you didn't check box D. enter -0- 7 Combine lines 5 and 6 8 Short-term capital gain or (loss). Multiply tine 7 by 40% (0.40). Enter here and include on line 4 of Schedule D or on Form 8949 (see instructions) 8 9 Long-term capital gain or (loss). Multiply line 7 by 60% (0.60). Enter here and include on line 11 of Schedule D or on Form 8949 (see instructions) Part II Gains and Losses From Straddles. Attach a separate statement listing each straddle and its components. Section A-Losses From Straddles (I) Loss. (e) Cost or If column (e) (g) (h) Recognized loss. (b) Date (c) Date other basis is more than Unrecognized If column (f) is more entered (d) Gross (a) Description of property dosed out Pius (d). enter gal) on than (g), enter into or sales price or sold expense of difference. offsettng difference. acquired sale Otherwise. positions Otherwise. enter -0- enter -0- 10 tta Enter the short-term portion of losses from line 10, co umn (h). here and include on line 4 of Schedule D or on Form 8949 (see instructions) 11a b Enter the long-term portion of losses from line 10. column (h), here and include on line 11 of Schedule D or on Form 8949 (see instructions) 11b ( ) Section B-Gains From Straddles (b) Date (f) Gain. If column entered (c) Date (e) Cosa or other (d) Gross (CO is more than (e). (a) Descripticn of property dosed out basis plus into or sales prize enter difference. or sold expense of sale acquired Otherwise, enter -0- 12 13a Enter the short-term portion of gains from line 12. column (f). here and include on line 4 of Schedule D or on Form 8949 (see instructions) 13a b Enter the long-term portion of gains from line 12, column (1), here and include on line 11 of Schedule D or on Form 8949 (see Instructions) 13b Part III Unrecognized Gains From Positions Held on Last Day of Tax Year. Memo Entry Only (see instructions) (e) Unrecognized gain. (a) Descnption of property 0$ Date (c) Fair market value on last (d) Cost or other basis If column (c) is more acquired business day of tax year as adjusted than (d). enter difference. Otherwise. enter -0- 14 For Paperwork Reduction Act Notice, see instructions. Form 6781 (2018) EFTA01222763