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Thanks I will do that.

I have no idea , but I am not an options or commodity DEALER. just traded the stock like an individual investor few times short term .I also read the instructions,my guess is turbotax is assuming it as by default any again from 1256 as self employment income.

Hi, I recieved a K1 for svxy , after adjusting cost basis and entering all the info in turbo tax , the software is treating the gain on 1256 contracts and straddles as self employed income and generating self employment tax. Did anyone come across this . Please advise.