Leveraged ETFs

[Helix404]

How are leveraged ETFs (SSO, UPRO) taxed? If I hold for a year, would I be taxed long term or short term?

 

[Tony Optionaro]

Rules for Leveraged ETFs - Fidelitywww.fidelity.com › ... › Exchange-Traded Products

 

[Helix404]

Rules for Leveraged ETFs - Fidelitywww.fidelity.com › ... › Exchange-Traded Products

So If I hold for more than a year, and the etf doesn't give out distribution, would I be taxed on long term capital gains?

 

[Sig]

How are leveraged ETFs (SSO, UPRO) taxed? If I hold for a year, would I be taxed long term or short term?

Some ETFs, especially common in commodity ETFs, issue K-1s which can bite you especially if you're holding them in a retirement account with limits on those types of profits. Read the prospectus for anything you invest in, for this and so many other important things.

 

[murray t turtle]

How are leveraged ETFs (SSO, UPRO) taxed? If I hold for a year, would I be taxed long term or short term?

%%
NOT @ all in a Roth/back door Roth. BUT if you are paying taxes this year; IRS allowed 2 months later- but I would double check to see if that applies to your payments.
IT pays most all to consult with a CPA+ since initial telephone counsel is free, I would make a call before I took any internet posters suggestion...……………………………………………………………...