Brokerage Questions

[Taylor555]

I imported my vanguard tax information and now receiving a statement to review for the following:

A portion of those dividends is us government interest  or

I need to adjust dividends or this is an ESOP distribution  or

Some qualified dividends or section 199A dividends are from securities that did not meet the required holding period 

where do I find this information and decide which one is correct. This is very confusing.

[Mike9241]

we can't see your 1099s. there is no standard format used by brokers so talk to them

[MarilynG1]

 Some brokerage companies issue a "Composite 1099 Form" that replaces multiple individual 1099 forms such as:

• 1099-B
• 1099-INT
• 1099-DIV

Sometimes, the individual sections of the composite forms do not include all of the information that is available on a standard 1099 form, such as the check boxes for short-term and long-term transactions on the standard 1099-B form. Instead, many of these composite forms simply group the different types of transactions so that you can readily tell which ones are short-term and long-term.

Here's detailed info on Dividend Taxes.  Government Interest may be in Box 10 on a 1099-DIV, for example.  Employee Stock Options may need a Dividend Adjustment.  Securities that did not meet the required holding period are Wash Sales.

If you can't determine which statement applies to your investments after reviewing your imported tax info (and other Supplemental Info), you may need to contact Vanguard for assistance.  Here's Community Discussion on that subject. 

[VolvoGirl]

You will need to calculate any amounts yourself using these tables.  Vanguard use to include these tables with the 1099 forms but now you have to get them online here.  There are 3.

Tax information for Vanguard funds | Vanguard

It can be hard to calculate.   I had to make a spreadsheet listing each fund, the dividend and percentage.