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Retirement tax questions
If your mutual funds are at a mutual fund company, IRS wants each fund dividend distribution to be itemized.
if your mutual funds are in a brokerage account, you can report all dividends into that account on one line.
Vanguard for example has been converting client accounts to brokerage accounts.
For an IRA, your 1099-Rs with the same distribution code and Payer's TIN can be aggregated.
‎January 14, 2023
4:43 PM