Vanguard Reporting

[taxdean]

This should be my last question, other than follow up to answers I might get. Thanks again, all!

The Tax Information form I got (and imported into Turbotax) from Vanguard for my mutual funds (one fund is for REITs) has a line 1A dividends that says (includes lines 1b, 5, 2e) but it clearly is a bigger amount than what is shown on only those three rows.  Does that make sense?  There is only one other non-zero row, row 3, that is non-dividend distributions.  Could it include some of that too?  Or is their label either wrong or misleading

[ThomasM125 · Accepted solution]

It makes sense since box 1 reports your total dividends and the other boxes report special properties of those dividends. However, some of the dividends might not contain any special properties, so they would not be separately reported on the form.

For instance, you may have received dividends of $500 of which $250 are qualified. So, you would see $500 in box 1(a) and $250 in box 1(b) but no additional entries.