DIV-1099 Question

[kitkat269]

I have a money market fund through Vanguard.  I did not receive a 1099-DIV form for 2021 as the total ordinary dividend accumulated was only 0.58.  I was advised by Vanguard that I still needed to report it on my taxes, so I went under my tax information (under Vanguard) for that account, and it showed 0.58 in dividends and 0.58 total distributions.  I know that I enter the amount under 1a under ordinary dividends, but I just want to make sure that I also don't enter the same amount under 1b qualified dividends and/or 2a capital gains distribution. 

Any help to clarify this would be appreciated.  Thank you

[JillS56]

If Vanguard did not send you a 1099-DIV, you do not need to report the dividends.   Also, the dividends are under a dollar and do not need to be entered.

[fanfare]

@kitkat269 

do you have a Vanguard brokerage account (new style)

or Vanguard fund account (old style)?

If the former you have a consolidated 1099-B, and the 1099-DIV appears there.

$0.58 rounds up to $1.00.

As Melissa Gates-French said recently, it's not going to change your life style.

[kitkat269]

I believe it is the Vanguard Fund account (old style) since I've been investing with them over 10 years.  The only thing that changed with the account is it was changed over from Vanguard Federal Money Market Fund to Vanguard Cash Reserves Federal Money Market Fund.  

[BWD]

Check on your Vanguard Account online and double check to see if you signed up for paperless docs. I had $.58 on a 1099-INT and got a tax statement for it. If you have been issued no 2021 Tax Documents you are home free.