Report a futures contract (or “future”) and income produced by the future in Schedule A. For You, Your Spouse, and Your Dependent Children Schedule AReport futures if the value of the future was more than $1,000 at the end of the reporting period, or if the future produced more than $200 in income during the reporting period. Block A: Provide the name of the future. Block B: Report the value by marking the appropriate column. If the value of the future is difficult to determine, write “value not readily ascertainable” in Block A and provide the following information: (1) the contract month and year; (2) the number of the contracts you control; and (3) the closing price of the future. Block C: Report the amount of income produced by the future during the reporting period by marking the appropriate “Amount” column. If the amount of income is more than $200, you also need to report the type of income by marking the applicable “Type” column(s). Click Here for Frequently Asked Questions
This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.