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Investors & landlords
Hi, thanks for your input.
Maybe I wasn't clear on what I was expecting? Anyway, when I imported the mutual fund data TurboTax shows the total amount but also created a 1099DIV for each fund reported by Vanguard. When I imported the Brokerage data from Vanguard TurboTax shows the total but did not create a 1099 for each fund. As an example, under Mutual Funds I had 10 months of dividends for a bond fund. After I converted to their new Brokerage platform I had 2 months of dividends for the same fund. TurboTax did not create a separate 1099DIV for the same bond fund. Consequently, my tax return does not include the full amount of dividends that will be reported to the IRS.
‎February 3, 2020
1:25 PM