Cannot enter collectible sales from 1099B

[S8NpTl]

When entering sales from 1099B the step-by-step view has you enter "What type of investment did you sell" but only have limited choices (stock, RSU, mutual funds ETF, options, bonds). But I needed to enter collectible for a precious metal ETF. You are forced to choose one of the listed options in order to go to the next step.

If you manually adjust the code "C" for collectibles in the forms view, it doesn't reflect on your 8949.

The consensus seems to be that ETF which just hold bullions of precious metals like gold, silver, etc are treated as collectible the same as if you hold physical gold, etc https://www.cnbc.com/2022/03/14/gold-silver-etf-owners-face-28-percent-top-tax-rate-on-capital-gains...

[robtm]

An ETF is not a collectible. The closest thing to it would be a mutual fund. A collectible would be a gold or silver coin, a stamp collection, baseball cards, etc. 

My apologies I was wrong. It appears that the GLD  is considered a collectible. Please disregard above statement.

[S8NpTl]

This is contrary to the information for the said ETF GLD (https://www.ssga.com/library-content/products/fund-docs/etfs/us/tax-documents/gld-faq.pdf)

"What Is the Long-Term Capital Gains Tax Rate for U.S. Shareholders Who
are Individuals?
Under current law, gains recognized by individuals from the sale of a “collectible,”
including gold bullion, held for more than one year are taxed at a maximum rate of
28%, rather than the 20% rate applicable to most other long-term capital gains.
However, if a U.S. shareholder is otherwise subject to rate lower than 28%, the 28%
rate does not apply"

Another view: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-enter-an-iau-e... 

Another: https://www.cnbc.com/2022/03/14/gold-silver-etf-owners-face-28-percent-top-tax-rate-on-capital-gains...