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EMPLOYMENT DEVELOPMENT DEPARTMENT Amendment of Title 22, California Code of Regulations Sections 12569 and 125610 COMPELLING FAMILY REASONS Initial Statement of ReasonsBACKGROUND: The Unemployment

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Sections 1256-9 and 1256-10 refer to specific sections of the tax code related to certain types of financial instruments, such as futures contracts.

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Individuals and entities engaged in trading or investing in these financial instruments are required to file sections 1256-9 and 1256-10.

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The purpose of sections 1256-9 and 1256-10 is to ensure that taxpayers accurately report their transactions involving these financial instruments for tax purposes.

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