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Foreign Currency Exchange gains/losses


jasdlm
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Does anyone have any experience in reporting 988 transactions?  I have read the instructions, but I still can't figure out exactly how/where to report.  What I think I'm supposed to do doesn't appear to be supported by ATX.  I think I'm doing this incorrectly.  I *think* I just net the gains/losses and report on what used to be Line 21 (now line 8 of Schedule 1), but it is not in the ATX list in a way that I recognize, so I just label it 988 exchanges and put the net number?  (In this case a loss).

Thanks for any advice!

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