I received two documents from Vanguard for my mutual funds. One is a 1099-DIV; the other is a "Foreign Tax Paid" document. Both show a foreign tax amount of $3.68. Since this is also on the 1099-DIV, is there anything I need to do with the latter "Foreign Tax Paid" document? Or is it merely supplemental to the 1099-DIV?
Basically, Vanguard gave me a document (foreign tax) and i want to clarify whether I need to do anything with it. Thanks!
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No, If the amount of foreign tax paid is already reported on form 1099-DIV, you do not need to enter it separately again. The Foreign tax paid document is only for your information.
No, If the amount of foreign tax paid is already reported on form 1099-DIV, you do not need to enter it separately again. The Foreign tax paid document is only for your information.
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