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Get your taxes done using TurboTax
I also have this SPDR GOLD TRUST GOLD ETF and have never sold any. I read a post in here that said the ETF sells some of it to take care of fees. Under "proceeds & reported" I have about 12 transactions listed averaging about 0.35, which equal to a "security total" of $4.10. I connected my brokerage account and it populated all that info, except for cost basis and date acquired.
If I use my cost basis of $123.45 for all these transactions, I get a "gain/loss" in turbotax of -$1442.55, which doesn't seem right at all.
Can anyone provide any additional insight about this and what I should enter in for cost basis?
‎April 4, 2022
10:22 PM