If I sell shares in a Commodity or Currency ProShares ETF, what is my tax reporting responsibility for this transaction?
Generally, your gain/loss on the sale of shares must be included in your tax return. The Sales Schedule portion of the Schedule K-1 we send you will reflect any sales of your investment and will include related adjustments to your tax basis. The Sales Schedule also includes a worksheet to help you calculate your total gain/loss. Be sure to consult with a tax professional and/or your financial advisor.
Related Questions
- Volatility, Commodity and Currency ProShares investors should refer to the applicable ProShares prospectus for important tax information. Where can I obtain a prospectus?
- If I purchased shares in a Volatility, Commodity or Currency ProShares ETF, what is my tax reporting responsibility for this investment?
- If I sell shares in a Volatility, Commodity or Currency ProShares ETF, what is my tax reporting responsibility for this transaction?