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Get your taxes done using TurboTax
SLV sells ounces of silver each month to pay for the fund's expenses, and some brokerages report these monthly sales on the 1099-B while others don't. The sales generate capital gains/losses and reduce your cost basis in the shares that you hold. You can find a good cost basis calculator for SLV at https://www.costbasistools.com/silver/SLV.php.
‎April 11, 2021
3:53 PM