I have shares in SPDR. Each year I am paying taxes on gold sold to cover SPDR expenses in the fund. If I pay taxes on the sales of gold AND reduce my cost basis, I will be paying capital gain taxes on the amount sold during the time that I hold the same position twice.
In addition, I moved by holding to a new brokerage firm during 2023. The first firm based my cost basis on my original purchase (based on my calculation, but the second firm did not provide a cost basis. Should I be using an adjusted cost basis?
