Thank you. I read through all these comments. GBTC is a greedy company that also doesn't mind inconveniencing its shareholders. I can't wait to sell it. It seems like you have to figure out what the cost basis is regardless to get the "needs review" to go away, but your advice here to then check that box is very helpful in order to have these fees (taken by GBTC to pay for their own expenses) ultimately deducted from my capital gains. So you have to enter the date acquired (which you can find through logging into your brokerage account) and the cost basis via the formula another gentlemen pointed out on the thread (share price you bought it at) x (# of shares) x (cost basis factor) = your cost basis. The cost basis factor should look something like this on your brokerage consolidated statement (.[removed]). That is listed. Also Wealthfront does have a free excel form that you can use that has all the dates they sold each week and the corresponding amount/price - i.e. the cost basis factor. I copied and pasted that list from their excel and then used the formula above in excel to get all the various cost basis. I just dragged the formula down the page and voila - it was easy. The hard part is just entering in each of the entries that need review- tedious, but hey, we can thank the greedy managers at Grayscale- which now trades at a 30% discount. 🙂
