Track gold/silver ETF expenses and cost basis
orenr
Quicken Windows Subscription Member
Every month, ETFs like GLD or SLV sell a little bit of the underlying precious metals to pay for their expenses, and at the end of the year they publish a table detailing all these operations
When we file our tax returns, we have to detail all these expenses. Personally, I have a spreadsheet that helps me calculate my capital gain/loss from these transactions and the adjusted cost basis, but it's very tedious to do this manually
It would be a really useful feature in Quicken Premier to download the data, automatically generate the required sales/expenses, and adjust the cost basis, so that TurboTax can download all this stuff automatically when I prepare my taxes
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