Hi Volvogirl,
I am a complete newbie and don't understand what I have. I have a brokerage account and an inherited brokerage account. The inherited IRA brokerage fund has 5 mutual funds. And I have a brokerage account that has a single stock. I took out an RMD from the inherited account and made no other changes to the accounts. I did not knowingly sell any units, just have the automatic activity performed by Vanguard. It looks like the RMD came out of one of
the mutual funds in the inherited account, so I have a 1099-R. If i understand correctly, the answer to your question about selling any funds is no. But I have documents that show dividend and re-investment activities for both brokerage accounts.
As I said, Vanguard is not going to send me a 1099-b or a 1099-div because i have less than $10 in dividends. On my inherited account, I see $824 listed as dividends on the "Dividends and capital gains distributions" statement along with $0 interest, 115.93 Short-term distributions, long term distributions and is labled NONTAXABLE.
If there is no reporting activity required on the IRA, then all I have to report is the single stock brokerage account which shows $4.42 in dividends which is labeled taxable. I hope this is the case but I don’t know if the dividend is qualified, nonqualified, and if there is any other info that should be on the 1099-b like date aquired, date sold, cost basis, proceeds, anything about a wash, really, the rest of the 1099-b form.
I also have the capital gains and dividend distributions sheet. I have no idea what to do with this.
I realize that I should be getting this information from Vanguard. but they just directed me to my statements.
Thank you. BTW, A high school teacher of mine had an 1800e. This was in the early 1970s. It looked amazing. I never got the courage to ask her for a ride.
