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Cost basis for the SLV / GLD / ETHE ETFs that are structured as trusts, and have monthly expenses that show up on your 1099-B?
SLV/GLD/ETHE ETFs have monthly fees that show up as non-covered transactions. For taxable accounts investment accounts, these are supposed to be used to adjust the cost basis when you dispose of these ETFs. In 2021, I did not sell any of these ETFs, but these fees are coming up as stock sale transactions in TurboTax when importing my 1099-B. How am I supposed to deal with these for 2021, should I just delete these and just make a note of them for when I actually do sell these ETFs?
Thank you!
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‎February 20, 2022
10:11 AM