Futures Trading

Reporting capital gains from futures trading is not quite the same as when trading stocks and options.

Capital gains from trading IRS Section 1256 contracts such as commodity futures, index futures, and index options are reported by your brokerage 1099-B (or 1099-C for tax years prior to 2006).

Learn more about Futures:

What is a Futures Contract?

What is a Section 1256 Contract?

Good News for Active Traders

^{Please note: This information is provided only as a general guide and is not to be taken as official IRS instructions. Armen Computing Ltd. makes no investment recommendations and does not provide financial, tax or legal advice. Please consult your tax advisor or accountant to discuss your specific situation. You are solely responsible for your investment and tax reporting decisions, and you should carefully evaluate all information delivered to you by Armen Computing Ltd. and TradeLog. Not all information may be appropriate for all investors.}