When it comes to commodity investing, taxes can be something of a burden for investors. Trying to figure out which tax form you will need to complete and the specific tax rates can be a pain come April of every year. ETFs have helped to simplify a number of those issues, but there still is some misunderstanding when it comes the most popular commodity products — gold ETFs [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. Gold ETFs and Tax Time Without a doubt, gold ETFs are the most coveted in the space, as the top three gold funds alone account for approximately $40 billion in assets under management. However, many investors forget exactly how each product is taxed and what is expected of them come tax season. As a brief reminder, every ETF that invests in commodity futures will issue a K-1, while an […]
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