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   Non-TechGBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX


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From: Elroy3/20/2019 12:03:50 AM
   of 169
 
I sold my GBTC in 2018, and on my 1099 form there is some confusing distributions which somehow come out of GBTC.

They appear on the Proceeds from Broker and Barter Exchange Transactions - UNDETERMINED TERM TRANSACTIONS FOR NONCOVERED TAX LOTS [Ordinary gains or losses are identified in the Additional information column]

And the dollar amounts are positive. However, they are described in this section as "sold or disposed of" on a certain date, but under transactions in my brokerage account on the date there is no activity.

They also appear On the Fees and Expenses page they are categorized as Gross proceeds investment expense

And the dollar amounts are negative

---

Turbo Tax doesn't know what to do with them.

If it's income, I could just put it into Interest Income like a payment.

If they are expenses, I am itemizing, so I can probably just add them into margin expense to get the proper result.
Any idea where this amount should go to account for them properly?

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To: Elroy who wrote (150)4/5/2019 5:59:37 PM
From: SGJ
   of 169
 
Don't know, mine are all in retirement account. This has been a great week though, no? I love buying at the bottom.

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From: SGJ4/10/2019 3:12:16 PM
   of 169
 
Premium starting to kick back in.

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From: SGJ6/17/2019 5:28:41 PM
   of 169
 
Gonna ride this awhile. $25 coming.

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To: SGJ who wrote (153)6/18/2019 12:15:54 AM
From: Elroy
   of 169
 
I bought back in a few weeks ago as well. I think I'll just hold for a year and then sell, seems like another BTC rally is going to hit. Maybe, who knows?

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To: Elroy who wrote (154)6/18/2019 6:55:09 PM
From: SGJ
   of 169
 
This is going to go hockey stick mi amigo.

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To: SGJ who wrote (155)6/18/2019 9:03:23 PM
From: Elroy
1 Recommendation   of 169
 
We'll see. It went hockey stick two years ago. Maybe the FB Coin thing is getting people pumped up.

I plan to sit in it for a year regardless, so hockey stick starting today is fine with me!

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To: Elroy who wrote (156)6/25/2019 9:07:01 AM
From: SGJ
   of 169
 
Elroy it seems you and me the only one making serious bank on this issue. Up 200% since the first of the year and the premium isn't even over 35% yet.

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From: Elroy6/25/2019 10:34:29 AM
   of 169
 
I just added to my position. Hope this isn't the top today!

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To: Elroy who wrote (158)6/26/2019 10:08:49 AM
From: SGJ
1 Recommendation   of 169
 
+10% in one day. Not bad. ;-)

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