USO, UNG and their related inverse and leverage ETFs

    Currency ETFs and their inverse and leveraged UUP, UDN etc.

    DBA, DBC

    Before you invest in an ETF just do a Google search

    "Does YCS ETF ISSUE A K-1"

    Damn, good to know oatdust,

    Posted by icecoldjones on 24th of Mar 2023 at 10:47 am

    Damn, good to know oatdust, thanks! This was my first year playing with UNG and held for about a month and made a small profit. Luckily, I made that play within a Roth IRA which should prevent taxes. Google says I'll get a K-1 for information purposes but owe no taxes.

    To be fair, it works

    Posted by oatdust on 24th of Mar 2023 at 10:51 am

    To be fair, it works both ways.

    One time I invested 50K in USO, didn't hold that long and got a K-1 claiming a 1.2K loss.

    Tax season is full of surprises when you invest in K-1 ETFs.

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