FYI: Few people enjoy doing their taxes, but commodity investors have extra reason to dread them: the Schedule K-1 form.
Issued by 39 commodity ETFs, including some of the largest funds in the space, Schedule K-1s typically land in mailboxes later than other tax forms, such as the 1099. The delay can potentially push out investors' annual tax filings, or even necessitate extensions.
Schedule K-1s are more than just annoying: Funds that issue them often see higher fees and even more frequent tax events—and who likes paying more than they have to?
Here we look at how and why some funds issue K-1s and what alternatives exist in the commodity space.
Regards,
Ted
http://www.etf.com/sections/features-and-news/k-1-taxes-hurdle-commodity-etfs?nopaging=1
