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March 18, 2025
Question

1099-B what type of investment is a commodity?

  • March 18, 2025
  • 1 reply
  • 0 views

I'm reviewing info imported from my 1099-B and I had sold shares of iShares Gold Trust in 2024. This is not a stock, bond, ETF, mutual fund, cryptocurrency, or options, as far as I know. Its own website lists its asset class as "commodity" and explicitly says: "The iShares Gold Trust is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act."

 

So what type of investment do I need to enter for the first sales info box?

    1 reply

    Employee
    March 18, 2025

    I'd say it is a trust and would come closest to being a stock (non-employee) from the choices offered.

    awen000Author
    March 18, 2025

    Never mind, I'm pretty sure it's an ETF, ticker of IAU.