Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
Tom19
New Member

How do I report Vanguard 1099-DIV if earned less than $10?

Looking at my end of year statement from Vanguard I made $3.99 in dividends. How do I know if this is qualified or not as I won't be getting a 1099-DIV?

1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

How do I report Vanguard 1099-DIV if earned less than $10?

To qualify for the qualified dividend rate, the payee must own the stock for a long enough time, generally 60 days for common stock and 90 days for preferred stock.You can call your financial institution or just enter them as ordinary. On $4 the difference in tax between ordinary and qualified dividends is pennies.


View solution in original post

2 Replies
Coleen3
Intuit Alumni

How do I report Vanguard 1099-DIV if earned less than $10?

To qualify for the qualified dividend rate, the payee must own the stock for a long enough time, generally 60 days for common stock and 90 days for preferred stock.You can call your financial institution or just enter them as ordinary. On $4 the difference in tax between ordinary and qualified dividends is pennies.


Tom19
New Member

How do I report Vanguard 1099-DIV if earned less than $10?

Cool! Thanks! Just wanted to make sure entering as ordinary is acceptable. 🙂
Dynamic AdsDynamic Ads
Privacy Settings
v