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1099-DIV - "Tell us about your foreign dividends" ... for the "foreign dividend received" $ - how calculate on Vanguard funds. I see two % fgn and 2 types dividends.

Vanguard fund shows "fgn source inc total"
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4 Replies

1099-DIV - "Tell us about your foreign dividends" ... for the "foreign dividend received" $ - how calculate on Vanguard funds. I see two % fgn and 2 types dividends.

best would be to contact Vanguard. we can't see what you are looking at.  

1099-DIV - "Tell us about your foreign dividends" ... for the "foreign dividend received" $ - how calculate on Vanguard funds. I see two % fgn and 2 types dividends.

Hmm... not all of the message showed up.  Basically what is TurboTax asking for with foreign dividends?... qualified and non-qualified or just one?

 

Vanguard 1099-B shows Mutual funds - with foreign portions - with following information:

- % of fund that is foreign.  Both a "Foreign Source Income Total %" and a "Foreign Source Income Qualified %" 

- $ from qualified dividends, non-qualified dividends, foreign tax withheld, and capital gains

 

So you can calculate the amounts using the % and $... you just need to know which ones to use.

I'm guessing I could use the first row in the below link... but just guessing.

https://advisors.vanguard.com/iwe/pdf/taxcenter/FA116471_012020.pdf

 

 

1099-DIV - "Tell us about your foreign dividends" ... for the "foreign dividend received" $ - how calculate on Vanguard funds. I see two % fgn and 2 types dividends.

1099-DIV - "Tell us about your foreign dividends" ... for the "foreign dividend received" $ - how calculate on Vanguard funds. I see two % fgn and 2 types dividends.

Looking into more...

It looks like it is just asking for the (foreign) ordinary/qualified dividends in the Vanguard Mutual Funds (that had foreign stocks/etc.).

When you look at the end of your 1099-DIV from Vanguard it will show the ordinary/qualified dividends from the Foreign funds... just add them up.

*You'll know which ones have foreign as the will also show a "foreign tax withheld" line.

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