Reply To: GLD and SLV

Home Fairmark Forum Taxation of Investments GLD and SLV Reply To: GLD and SLV

#7826
walter1
Participant

You should also be aware of SPDR-Gold-Trust-Tax-Information which explains that gold is sold monthly to get dollars to pay for Trust expenses and the proceeds flow thru to investors. Proceeds and cost basis may need to be computed for each of those sales for each share purchase, so there could be many computations. Brokers might or might not report these and if they do they might or might not be correct. There is probably something similar for other grantor trusts.

  • This reply was modified 1 year ago by walter1.
  • This reply was modified 1 year ago by walter1.