Reporting help with Vanguard 1099-DIV

Forum|Forum|1 year ago
April 13, 2025
13 replies
185 views

I received a 1099-DIV from Vanguard for brokerage account where the only asset I hold is VTI ( Vanguard Total Stock Market Index Fund ETF).

I am trying to report this in TurboTax Desktop Deluxe Version. My 1099-DIV has the following fields which have values.

1a- Total ordinary dividends (includes lines 1b, 5, 2e)

1b- Qualified dividends

5- Section 199A dividends

Then later in details it has:

Security description which has numbers associated with "Qualified dividend" "Section 199A dividend" and "Nonqualified dividend" on various dated.

At end it has

PERCENTAGE OF INCOME FROM US GOVERNMENT SECURITIES

Fed Source Total 0.30%

I file in all these details in TurboTax and then in later question sections I am confused about. It seems like some of these checkbox should be selected?

MarilynG

Level 15

Select the first box, then multiply the amount in Box 1 by .30 and enter that amount as US Government Interest.

@frostily0495

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JohnnyMac16

Level 2

To clarify, you would multiple the amount in Box 1 by 0.30% (which is 0.003) to get the U.S. Government Interest.

VolvoGirl

Level 15

@mesquitebean

After using 0.30% i.e. 0.0030 mutiple the amount is 13.98 something which gets rounded to 14.

Later when I go to CA state tax form it asks me this about 14 dollar. What should I select here?

For Vanguard......

You will need to calculate any amounts yourself using these tables. Vanguard use to include these tables with the 1099 forms but now you have to get them online here. There are 3

Tax information for Vanguard funds | Vanguard

You have to look up your fund. If there is a * There is a footnote at the bottom that says that fund meets the threshold for California.