Hi,
I own iShares Gold Trust (IAU) shares as part of my Schwab robo investing account. The trust automatically sells some of those shares at the end of every month to cover the trust's expenses. As detailed in another thread (see here), I entered this information into TT as summarized capital gains transactions. This seems to trigger TT to want me to mail in form 8453 (as a cover page) along with form 8949 ("or a statement with the same information," as per form 8453). My questions are:
- Given that my short and long term capital gains related to these sales are ~$2, is mailing these forms truly required?
- If mailing the forms is required, what do I mail in, other than form 8453? The only things I have are: i) Schwab's trade confirmations for the IAU purchases and ii) the iShares Gold Trust Grantor Trust Tax Reporting Statement for each year in which I bought IAU (e.g., for 2023: https://costbasistools.com/gold/taxinfo/IAU2023.pdf).
Thanks!
