Futures Contract

Report a futures contract (or “future”) and income produced by the future in Schedule A.  

Futures Contract: Examples

For You, Your Spouse, and Your Dependent Children

Schedule A

Report 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).

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This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.