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Business & farm
In my case it is reported this way because the commodities are held in ETF's, so Schwab reported them as equity ETF's, but UNITED STATES COPPER INDEX ETF & TEUCRIUM CORN ETF also sent documentation stating these should be entered on form 6781, line 1.
So it would seem they should be removed from 1099B box A so as not to double report.
One thing I was wondering is would they be reported differently based on your tax reporting status, i.e. retail vs pro for example?
‎April 10, 2021
4:18 PM