jpgarcia153
Returning Member

TurboTax is asking me to fill in information about SPDR GOLD TRUST items (GLD shares that I own on Robinhood)? I think these are charges for the trust.. what do i do?

 

Investors & landlords

see www.costbasis.com and visit the GLD page.

After that you'll probably want to eliminate GLD from your portfolio in taxable accounts.

jpgarcia153
Returning Member

Investors & landlords

Okay, but why is TurboTax asking me about them in the first place?  I haven't sold any shares, just bought them on various dates and sold none so far.  These items just look like trust charges onto my robinhood account.

jpgarcia153
Returning Member

Investors & landlords

Nevermind, I just deleted all the imported forms and just entered summary amounts.  Shouldn't have to report anything if I didn't sell the asset.

Investors & landlords

The point is, you did sell the asset. A tiny portion is sold each month for the reasons outlined.