Trading Futures & Other Section 1256 Contracts Has Tax Advantages

Presentation Slides

Join Robert A. Green, CPA, of GreenTraderTax as he explains the tax benefits of trading futures, broad-based indexes, and other Section 1256 contracts.

• 60/40 capital gains rates are 4.2% to 12% lower vs. ordinary rates.
• List of 1256 contracts.
• Mark-to-market accounting includes unrealized gains and losses, which negates the need for wash sale loss adjustments.
• Easy tax reporting: Forms 1099-B and 6781.
• Election to carry back Section 1256 losses against 1256 gains in prior three years.
• Election for Section 475 ordinary gain or loss treatment (requires qualification for trader tax status).

Webinar hosted and recording produced by Interactive Brokers. Everyone is welcome; you don’t have to be a client of IB.