Fonn 6781

Fonn 6781 Department of the Treasury Internal Revenue Service Gains and Losses From Section 1256 Contracts and Straddles P. Go to www.ws.gov/Fortn6781 for the latest information. II. Attach to your tax return. OMB No. 1545-0644 2018 Attachment Sequence No. 82 Name(s) shown on tax return Identifying number Check all applicable boxes (see Instructions). A O Mixed straddle 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 (a) Description of property (b) Date entered into or acquired (c) Date dosed out or sold (d) Gross sales price (e) Cost or other basis Pius expense of sale (I) Loss. If column (e) is more than (d). enter difference. Otherwise. enter -0- (g) Unrecognized gal) on offsettng positions (h) Recognized loss. If column (f) is more than (g), enter difference. Otherwise. enter -0- 10 tta b 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) 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) 11a 11b ( ) Section B-Gains From Straddles (a) Descripticn of property (b) Date entered into or acquired (c) Date dosed out or sold (d) Gross sales prize (e) Cosa or other basis plus expense of sale (f) Gain. If column (CO is more than (e). enter difference. Otherwise, enter -0- 12 13a b 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) 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) 13a 13b Part III (a) Descnption of property 0$ Date acquired (c) Fair market value on last business day of tax year (d) Cost or other basis as adjusted (e) Unrecognized gain. If column (c) is more than (d). enter difference. Otherwise. enter -0- 14 Unrecognized Gains From Positions Held on Last Day of Tax Year. Memo Entry Only (see instructions) For Paperwork Reduction Act Notice, see instructions. Form 6781 (2018) C O Mixed straddle account election EFTA01222763