I received a report that there is a fee in some of my consolidated 1099 yearly report from fidelity.
The total is about $121, but when imported to turbo tax, it looks like the total as if I 'm making profit by selling (although I didn't)
Questions: (It's ETF GLD - gold)
is it only for yearly reporting purposes?
when sold, the fee will be priced in?
- do i need to claim? how?
On the left is fidelity report, on the right is turbo tax. Look that it has cost basis and lower, although according to fidelity the cost should be $0.56. By doing this, turbo tax changing it to be a profit instead of a fee.