1. Gold ETF cover costs by selling a small amount every month for each lot I own. So in the 1099B I received, there are dozens of small amount of this kind of sales for this Gold ETF. The 1099B lists proceeds and cost basis for these small transactions. So I need to pay tax for the gains. There is also a table showed Proceeds Investment Expenses for each month for this Gold ETF, which was not reported to IRS. The amount of these expenses equals the proceeds of the Gold ETF each month. So I didn't receive the proceeds, and all proceeds were used to pay these investment expenses, but I still need to pay tax for the proceeds. How should I report these investment expenses in my tax return to adjust the tax for the proceeds?
2. I didn't report these proceeds investment expenses for the Gold ETF in my tax returns for all the past years. If I sell this Gold ETF in 2024, can I adjust cost basis or deduct sales expense somewhere so that I can get these investment expenses in the past years reported?
3. BTW, there is an "Account Fees" also list in the supplemental information for 1099B my broker provided for another stock which also not reported to IRS, how should I report this fee in my tax return?
Thanks!
