1099-b

Forum|Forum|2 years ago
February 12, 2024
2 replies
11 views

Hi,

Vanguard doesn't send a 1099b if you have less than $10.00 in dividends and I can not import it. I asked Vanguard how to manually fill out a 1099-b but they referred me to my account statements. I now have the account statements but do not know how to mine them for the 1099-b info. I have probably 30 statements and have tried to make sense of them but alas... Is there some literature that explains the data mining? I have to report the information but is it not worth learning about the 1099-b if I have less than $10?

JohnW152

Level 15

You might look at the TurboTax Help article What is a 1099 consolidated tax statement? for guidance.

And, if you enter the phrase consolidated 1099 statement into a search engine, you should find some helpful information.

VolvoGirl

Level 15

Did you sell any funds? Dividends would be on a 1099 DIV not a 1099B. Just look at your 12/31/23 statement. It should have the year to date amounts and activity. You don't need to report any IRA accounts. Just the regular accounts and brokerage account if you have transitioned to Brokerage. I finally transitioned to Vanguard Brokerage in 2023 for both my personal funds and my IRA account. So I have 4 statements.

What funds paid you dividends? I can look at my 1099 and see if it just goes in box 1 or also as qualified in box 1b.

stevekazAuthor

Level 2

Hello Volvogirl,

I started a reply and realized I was such a newbie that I can not reasonably describe what I need. I am composing a longer message to see if I can answer your questions and make sense about what i need. Thanks for responding and further info to follow...