End of Year Vanguard tax document?

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nullbytes
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End of Year Vanguard tax document?

Post by nullbytes » Fri Nov 02, 2018 5:46 pm

I was hoping someone wouldn't mind posting their year end tax docs from vanguard from previous years (personal info excluded) or a link to an online example that showed what the tax liability looks like. This is my first year in a taxable account with VTSAX (around 50K) so I'm curious what the tax liability will look like.

thanks!

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Artsdoctor
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Re: End of Year Vanguard tax document?

Post by Artsdoctor » Fri Nov 02, 2018 5:49 pm

You can take a guess. If the total is $50,000 your dividends will probably be about 2%, or $1,000. At Vanguard, these are usually all qualified dividends.

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indexfundfan
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Re: End of Year Vanguard tax document?

Post by indexfundfan » Fri Nov 02, 2018 5:53 pm

Artsdoctor wrote:
Fri Nov 02, 2018 5:49 pm
You can take a guess. If the total is $50,000 your dividends will probably be about 2%, or $1,000. At Vanguard, these are usually all qualified dividends.
Last year, VTI's QDI was about 95% (Box 1b/Box 1a).
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nullbytes
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Re: End of Year Vanguard tax document?

Post by nullbytes » Fri Nov 02, 2018 5:54 pm

thanks guys, someone was telling me there might also be capital gain taxes from the fund's turnover as well?

livesoft
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Re: End of Year Vanguard tax document?

Post by livesoft » Fri Nov 02, 2018 5:56 pm

See viewtopic.php?t=179414 where some are posted, but I don't think what you are asking for will be helpful.

You can look at the distributions tab of VTSAX at Vanguard.com to extrapolate your tax liability. For many taxpayers, the tax liability would be zero.
Last edited by livesoft on Fri Nov 02, 2018 5:58 pm, edited 1 time in total.
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Artsdoctor
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Re: End of Year Vanguard tax document?

Post by Artsdoctor » Fri Nov 02, 2018 5:57 pm

^ Yes, there are years where a tiny percentage of the dividends are not qualified although nearly all of the 500 and Total Market dividends paid are qualified.

To the best of my knowledge, Vanguard has never declared a capital gains distribution on their 500/Total Market funds.

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Re: End of Year Vanguard tax document?

Post by indexfundfan » Fri Nov 02, 2018 6:05 pm

Artsdoctor wrote:
Fri Nov 02, 2018 5:57 pm
^ Yes, there are years where a tiny percentage of the dividends are not qualified although nearly all of the 500 and Total Market dividends paid are qualified.

To the best of my knowledge, Vanguard has never declared a capital gains distribution on their 500/Total Market funds.
I looked back at the last 5 years for VTI/VTSAX:

2014, 2015 have 100% QDI
2013, 2016, 2017 do not have 100% QDI

Included in VTI/VTSAX are REITs, which in particular, do not generate QDI.
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Artsdoctor
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Re: End of Year Vanguard tax document?

Post by Artsdoctor » Fri Nov 02, 2018 6:23 pm

^ You know, you're right. I am guilty of selective amnesia. I was able to pull up my Vanguard tax forms as far back as Tax Year 2012; three years had 100% qualified dividends for Total Stock Market and three years had qualified dividends in the 93-95% range.

nullbytes
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Re: End of Year Vanguard tax document?

Post by nullbytes » Fri Nov 02, 2018 6:37 pm

thanks for the info, everyone!

rkhusky
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Re: End of Year Vanguard tax document?

Post by rkhusky » Fri Nov 02, 2018 7:54 pm

Artsdoctor wrote:
Fri Nov 02, 2018 6:23 pm
^ You know, you're right. I am guilty of selective amnesia. I was able to pull up my Vanguard tax forms as far back as Tax Year 2012; three years had 100% qualified dividends for Total Stock Market and three years had qualified dividends in the 93-95% range.
I seem to recall hearing that if the QD is 95% or greater then they can call it 100%.

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Artsdoctor
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Re: End of Year Vanguard tax document?

Post by Artsdoctor » Fri Nov 02, 2018 8:37 pm


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