The United States Brent Oil ETF, LP (BNO): Buying BNO is entering into a partnershi...

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Tuesday, 04/21/2015 9:06:28 AM

Tuesday, April 21, 2015 9:06:28 AM

Buying BNO is entering into a partnership.Even though I made a profit it was recorded on two separate pages on my income taxes. Paying twice on only one profit. BNO sends a partnership form K-1 that must be reported and then my broker sends in the profit I made through the trade. H&R Block could not figure out how to report the transaction and neither could Schwabs tax experts. So I ended paying twice on one gain. Has anyone else had this problem?

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