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Returning Member
posted Apr 12, 2020 4:09:24 PM

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?

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4 Replies
Level 15
Apr 12, 2020 4:29:14 PM

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

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

Returning Member
Apr 12, 2020 4:38:45 PM

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.

Returning Member
Apr 12, 2020 6:21:20 PM

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.

Level 15
Apr 14, 2020 8:59:49 PM

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