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New Member
posted Jul 29, 2025 12:39:20 PM

Does turbotax have worksheet for derivative etfs to calculate return of capital dividends that are not taxed ? How can I do this on taxes?

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1 Replies
Level 15
Jul 29, 2025 11:05:29 PM

I have never seen such a worksheet in Turbotax. from what i seen for reporting of distributions by ETFs (may not be derivative ETFs) is that the ETF reports to the broker the % that is a ROC for each distribution. the broker then uses these %s to calculate and report on 1099-DIV the taxable and non-taxable portions. perhaps contact the ETF about tax reporting.