2619708
Hello,
I hold ABERDEEN STANDARD PHYSICAL GOL D.
I haven't sold any share last year. I see that every month a small fraction is withheld and marked as Gross proceeds investment expense.
Based on other post, it seems that those Gross proceeds investment expense have to be withdrawn from the original price to determine the total profit the day I sell those WFHIT.
In the meantime what should I report for this year? Should I not report the loss?
Thanks,
You'll need to sign in or create an account to connect with an expert.
Those expenses are SELLs and if they add to a nontrivial amount you have to report them.
Was able to find this interesting discussion on Reddit, hope that can provide more information to those in need.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
makeitreynes
New Member
atn888
Level 2
Sharonzettner
New Member
cindi
Level 2
joeljennissen
New Member