Commodity ETFs that hold the physical gold or silver bullion are reported as grantor trusts for tax purposes, as more fully explained on the Commodity ETFs page.
These calculators can help you with the extensive math required for the proper reporting of investment expenses and capital gain or loss generated each time operating expenses are paid at the fund level.
Click on the images below to access the calculators for the Commodity ETFs with stock symbols GLD, IAU, and SLV.
SPDR® Gold Shares Calculator (stock symbol GLD) for investment expenses and capital gain/loss recognized at each expense payment date.
SPDR Gold Shares (GLD) calculator
iShares COMEX Gold Trust calculator (stock symbol IAU) for investment expenses and capital gain/loss recognized at each expense payment date.
iShares COMEX Gold (IAU) calculator
iShares Silver Trust calculator (stock symbol SLV) for investment expenses and capital gain/loss recognized at each expense payment date.
