Yes, and it is a big pain. Because I had several groups of GBTC purchased, I initially figured I would allocate expense on a per share basis per purchase group (since GBTC reports the expenses per share). SInce some expenses were "long term cap gains" and some were "short term," I tried to do one summary for each category, deleting all the individuals expense sales from TD Ameritrade. Each of those sales to pay expenses included a mix of long and short capital gains if I did it this way. When I tried to do the "summary" and it asked for date of purchase, I just put "Various". But while that was initially accepted, it produces an error when you run the error check. So I need to make up multiple breakdown expense sales for each sale? No, I don't think so. I will just make the assumption that just like stocks, you can decide what shares you sell (you often sell the oldest to make capital gains long term), and I will assume I am selling the BTC from my oldest purchase first to cover expenses. That way until I sell ALL of the BTC represented by the first purchase, I can keep it simple and once the expenses are a year out from that first purchase, all the expense sales will stay long term.
