What is the tax treatment of MacroShares?
MacroShares are publicly-traded partnerships. Income derived from your MacroShares investment and distributions will be reported on a Schedule K-1. Income dirived from United States Government Securities is exempt from state and local income taxes; income from repurchase agreements is not. Gains or losses on sales of shares are treated as capital gains or losses, with long-term capital gains treatment potentially available. However, you should always consult your tax advisor to understand your specific tax situation.
