An ETN calculates its rate of return based on the movement of an underlying financial instrument or index. It's a prepaid executory or forward contract. Report ETN income when realized as capital gains and losses, except currency ETNs which are ordinary income treatment.
from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/12/how-to-avoid-tax-reporting-trouble-with-exchange-traded-notes/
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