1256 Contract
id:
1256-contract-191-4604942
title:
1256 Contract
text:
A 1256 Contract, as defined in section 1256 of the U.S. Internal Revenue Code, is any regulated futures contracts, foreign currency contracts, non-equity options, dealer equity options, and any dealer security futures contracts. For U.S. Federal income tax purposes, mark-to-market accounting is used for each 1256 contract as of the end of each tax year, and such contracts are treated as sold for its fair market value on the last business day of such taxable year. The Internal Revenue Service (IR
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/1256_Contract
date created:
date modified:
2022-09-08T16:45:09Z
main entity:
{"identifier":"Q4548407","url":"https://www.wikidata.org/entity/Q4548407"}
image:
fields total:
13
integrity:
13