Purchased GLD ETF in 2025. Report fees?

[GeorgeMathias]

I purchased GLD etf in September 2025. 1099DIV has following listed. How do I report these in my tax return. I never sold any of my GLD in 2025 . My brokerage said these are fees from expense ratio of the fund.

UNDETERMINED TERM TRANSACTIONS FOR NONCOVERED TAX LOTS [Ordinary gains or losses are identified in the Additional information column] (Line 5)

Report on Form 8949, Part I with Box B checked or Part II with Box E checked. Basis is NOT provided to the IRS. (Line 12)

“Date acquired,” “Cost or other basis,” "Accrued market discount," "Wash sale loss disallowed" and “Gain or loss (-)” are NOT reported to the IRS.

1a- Description of property/CUSIP/Symbol

1c- Date

sold or

disposed Quantity

1d- Proceeds &

6- Reported

(G)ross or (N)et

Date

acquired

Cost or

other basis

Accrued mkt disc (D) &

Wash sale loss

disallowed (W)

Gain or loss(-) &

7- Loss not allowed (X)

also not reported (Z) Additional information

SPDR GOLD TRUST GOLD ETF / CUSIP: 78463V107 / Symbol: GLD / Note: CL

10/07/25 0.000 16.21 N/A ... ... ... Principal payment 16

11/14/25 0.000 18.76 N/A ... ... ... Principal payment 16

12/05/25 0.000 18.35 N/A ... ... ... Principal payment 16

Cost Basis Factor: 0.000295190

Cost Basis Factor: 0.000333872

Cost Basis Factor: 0.000313538

Security total: 53.32 ... ... ...

Totals : 53.32

[M-MTax]

SPDR-Gold-Trust-Tax-Information-2025.pdf

Use the above as a search term in Google. You'll see a link to the PDF that tells you how to report.

Note that the fund sells a small amount of gold to pay fund expenses and you have to determine your pro-rata share of expenses (cost) for each month the shares were held. Since that's sort of a pain, the alternate way of reporting would be to enter $0 as a cost basis and report the total proceeds as collectible gain. 

[M-MTax]

Here's a link:

https://www.ssga.com/library-content/products/fund-docs/etfs/us/tax-documents/gld-faq.pdf