1099-b

[TAX]

client, mfj, has 1099-B

Line 8 = Profi on future contrcats..................344.42
Line 9 = 0
Total............................................. ..............344.42

Aggregate profit (8,9,10) 344.42

I have never seen this. Can some one help me on how to report?

Thank you!

[Bees Knees]

http://www.irs.gov/pub/irs-pdf/p550.pdf

You need to study up on futures contracts (Section 1256 Contracts). Page 39 of Pub 550. The Pub tells you how to report it on page 41.