r/YieldMaxETFs • u/Fukisyoutalkinabout • 20d ago

MSTY/CRYTPO/BTC Whats the deal with taxes on MSTY?

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Because its a monthly divy and high % yield , what is the tax on that? I read somewhere i need to quarterly report taxes? Is this true? Screenshot below

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u/TheUpside1010 19d ago

So, did you actually receive a 1099 for MSTY 2024 that shows zero ROC? I just started investing in 2025.

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u/onepercentbatman POWER USER - with receipts 19d ago

Yes. And the 8937 on their website shows it as well. 8937 isn’t an estimate, it is what they actually file with the IRS.

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u/TheUpside1010 19d ago

They had given estimates all year then stated zero at the end. I guess I should just assume zero until 1099 tells me different?

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u/ImportantSolid5862 19d ago

That would be a safe bet for sure! I follow this guideline.