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Anonymous
Not applicable

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?

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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.


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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.


Anonymous
Not applicable

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

Cool! Thanks! Just wanted to make sure entering as ordinary is acceptable. 🙂
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