EFTA01222762.pdf

Gains and Losses From Section 1256 OMB No. 154S-0644 Fonn 6781 Contracts and Straddles 2017 Department of the Treasury n Go to www.ffs.gov/Form6781 for the latest information. Attachment Internal Revenue Service *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 Part Section 1256 Contracts Marked to Market (a) Identification of account 0-099) (c) Gain 1 2 Add the amounts on line tin columns (b) and (c) . . . . I 2 3 Net gain or (loss). Combine line 2. columns (b) and (c) I 3 4 Form 1O99-8 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 -O- 7 Combine lines 5 and 6 7 8 Short-term capital gain or (loss). Multiply tine 7 by 4O% (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 One 11 of Schedule D or on Form 8949 (see instructions) 9 Part Gains and Losses From Straddles. Attach a separate statement listing each straddle and its components. Section A- Losses From Straddles (f) Loss. (b) Date (e) Cost or If column (e) (g) (h) Recognized loss. entered (c) Date (d) Gross other basis is more than Unrecognized If column (f) is more (a) Description of property dosed out plus KO. enter gar, on than (g). enter into or expense or of sold sales price difference. offsettrig difference. acquired sale Otherwise. positions Otherwise. enter -0- enter -0- 10 11a Enter the short-term portion of losses from line 1O. co umn (h). here and include on line 4 of Schedule D or on Form 8949 (see instructions) 11a ) b Enter the tong-term portion of losses from line 1O. column (h), here and include on line 11 of Schedule D or on Form 8949 (see instructions) 11b ( ) Section B —Gams From Straddles (b) Date (f) Gain. If column entered (c) Date (d) Gross (e) Cost or other (d) is more than (e). (a) Description of property dosed out basis plus into or or sold sales ell"? expense of sale enter difference. acquired Otherwise, enter -O- 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 Ill Unrecognized Gains From Positions Held on Last Day of Tax Year. Memo Entry Only (see instructions) (e) Unrecognized gain. (b) Date (c) Fair market value on last (d) Cost or other basis If column (c) S more (a) Desenotion of property 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 (2O17) EFTA01222762