- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
VMFXX (Vanguard Federal Money Market Fund) Taxes in TurboTax
How do I enter taxes for dividends received from Vanguard's Federal Money Market Fund in TurboTax?
Taking 2024 as an example, my 1099-DIV lists U.S. obligations as 59.87% for the fund. Do I simply multiply total ordinary dividends (line 1a on 1099-DIV) by this percentage before entering into TurboTax?
How does this carry over to state tax forms (I live in the state of Georgia)?
Topics:
3 weeks ago