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Get your taxes done using TurboTax
Thank you very much for the reply. NMWHFIT is related to my GLD investment because I can see the description says SPDR GOLD TR. The particular page - NMWHFIT ADDITIONAL WRITTEN STATEMENT doesn't say anything about investors who bought and held their GLD during 2022 but I can see this document captures activity date(which I am assuming the GLD purchase date) and cost basis adj amount. I have purchased GLD every month from fed 2022 so I have 11 entries in the form. I checked the 2022 Grantor Trust Tax Reporting Statement and I see the calculations. So it appears to me like a calculation for doing cost basis adjustment but still not clear where should I report this in the tax return(which form ?). I understand if I make a sale on GLD , I get 1099B and it is something I can report in the tax return but in this case no 1099 B entry so am I suppose to calculate the cost basis and file it when I sell the GLD stock
Sorry, I am new to GLD investment so I have a hard time to figure out this tax complexity.