If I sell shares in a Volatility, Commodity or Currency ProShares ETF, what is my tax reporting responsibility for this transaction?
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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 adviser. More.
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