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1256 Contract

Classification of options contracts in US tax law

A 1256 Contract, as defined in section 1256 of the US Internal Revenue Code, is any regulated futures contracts, foreign currency contracts, non-equity options (broad-based stock index options [including cash-settled ones], debt options, commodity futures options, and currency options), dealer…

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BasicBottom 6%
11,346SP

Badges17 earned

  1. EncyclopedicNotable+3,065 SP
    Cites an encyclopedia or other reference work.
  2. DatedNotable+1,188 SP
    Title has a year.
  1. HowdyBasic+992 SP
    Written in American English.
Basic14
rolled by Vivi

A section of the US is defined as foreign

Vivi rolled 1256 Contract | WikiRNG