Vanguard annual statements?

[Good Listener]

As I've mentioned before, I finally had a forced migration to the brokerage accounts. I really don't like them as every transaction has three or four parts because of the settlement fund and it's very hard to follow. I've saved only the December statement when I had the mutual fund account as it had all the transactions for the year for each fund. I just checked my December statement and it's just one month. Does Vanguard release annual statements anymore for those who have had the brokerage account? Thank you

[jebmke]

I don't think so.

There have been claims that if you ask them to format your statement with the full year of transactions they will do that. I've never tried. I just use their download function to pull a summary with all the transactions into an Excel file and if I need to see something I work with that. I have very few transactions aside from dividends so my needs are limited. I have yet to use my 2024 report.

The good news is that when you do your taxes you will see a consolidated brokerage statement that simplifies the entries for Schedule B.

[Good Listener]

I also now notice that they give the total of taxable and non-taxable dividends but don't tell you a breakdown by security. For example I have the New Jersey long-term bond fund as well as the municipal money market but they just combine all the numbers together so it's impossible to tell until I get the 1099 how much is from what? Why did they do this, to provide less information?

[Geologist]

There is a way to see the total from each fund. If you go to the distributions report webpage and choose "nontaxable distributions" (and 2024-total), you will see each fund separately.

[jebmke]

I also now notice that they give the total of taxable and non-taxable dividends but don't tell you a breakdown by security. For example I have the New Jersey long-term bond fund as well as the municipal money market but they just combine all the numbers together so it's impossible to tell until I get the 1099 how much is from what? Why did they do this, to provide less information?

It is all available on the web site -- Holdings > Distribution Payouts; and if you click on Download Center you can select what you want to include an pull what you want in an instant.

[livesoft]

One can make a custom statement using the Vanguard web site. So make your own statement for the entire year. It will take you only a couple of minutes. I made mine already and downloaded it.

[jebmke]

One can make a custom statement using the Vanguard web site. So make your own statement for the entire year. It will take you only a couple of minutes. I made mine already and downloaded it.

I pulled this on 1/3 before statements even available in order to make sure I don't over-pay my Q4 ES tax payment. The only "trick" I found is that I needed to get the January payments from 2 bond funds that paid December in January. Two muni funds did this so the impact is limited to my state return estimate.

[Good Listener]

One can make a custom statement using the Vanguard web site. So make your own statement for the entire year. It will take you only a couple of minutes. I made mine already and downloaded it.

I pulled this on 1/3 before statements even available in order to make sure I don't over-pay my Q4 ES tax payment. The only "trick" I found is that I needed to get the January payments from 2 bond funds that paid December in January. Two muni funds did this so the impact is limited to my state return estimate.

How do you make the custom statement? I've been trying for a while after reading your message and can't.

[jebmke]

I pulled this on 1/3 before statements even available in order to make sure I don't over-pay my Q4 ES tax payment. The only "trick" I found is that I needed to get the January payments from 2 bond funds that paid December in January. Two muni funds did this so the impact is limited to my state return estimate.

How do you make the custom statement? I've been trying for a while after reading your message and can't.

Select "Activity" from the top line and then go to the Download Center and define what period you want to download data for. The import the download file into Excel and go nuts. Sometimes using a pivot table can help summarize the data into a handy report.

[RCL]

I also now notice that they give the total of taxable and non-taxable dividends but don't tell you a breakdown by security. For example I have the New Jersey long-term bond fund as well as the municipal money market but they just combine all the numbers together so it's impossible to tell until I get the 1099 how much is from what? Why did they do this, to provide less information?

It is all available on the web site -- Holdings > Distribution Payouts; and if you click on Download Center you can select what you want to include an pull what you want in an instant.

Just be aware if you have a Tax Exempt muni fund like Vcadx (CA Int. term),which has a settlement/payable date 2 days after the end of the month, VG's 2024 Total data is not really accurate.
The first dividend listed shows a settlement/payable date of 1-2-24, but since that dividend was earned for December 2023, it is as it should be, included on your 2023 Consolidated tax form and not included in Total 2024 data.

Likewise, the dividend that was earned for December 2024 does not show up on the Total 2024 list as it's settlement/payable date was 1-2-2025. This dividend should not be shown as the first item for Total 2025.
This dividend will be as it should be, included on your Tax Year 2024 Consolidated tax form.

Every year I call Vanguard and suggest they change from using settlement/payment date to earned month as their reporting criteria (since I believe what they report is incorrect), but I get...crickets

[jebmke]

It is all available on the web site -- Holdings > Distribution Payouts; and if you click on Download Center you can select what you want to include an pull what you want in an instant.

Just be aware if you have a Tax Exempt muni fund like Vcadx (CA Int. term),which has a settlement/payable date 2 days after the end of the month, VG's 2024 Total data is not really accurate.
The first dividend listed shows a settlement/payable date of 1-2-24, but since that dividend was earned for December 2023, it is as it should be, included on your 2023 Consolidated tax form and not included in Total 2024 data.

Likewise, the dividend that was earned for December 2024 does not show up on the Total 2024 list as it's settlement/payable date was 1-2-2025. This dividend should not be shown as the first item for Total 2025.
This dividend will be as it should be, included on your Tax Year 2024 Consolidated tax form.

Every year I call Vanguard and suggest they change from using settlement/payment date to earned month as their reporting criteria (since I believe what they report is incorrect), but I get...crickets

yes; depending on the fund there are those pesky out of period reconciling entries between the statement and the consolidated brokerage 1099-Div. These and the foreign taxes are generally the only reconciling entries when doing a rec -- if one is still unable to reconcile, a corrected 1099-Div may be in their future.

[peppers]

Just did a custom report and what threw me for a loop were the four zeros to the right of the decimal point. To these tired old eyeballs it looked like I had a $40,000,000 transaction. Upon closer review I saw the decimal, 40,000.0000.

[CFM300]

One can make a custom statement using the Vanguard web site.

How do you make the custom statement?

Select "Activity" from the top line and then go to the Download Center and define what period you want to download data for. The import the download file into Excel and go nuts.

A data file isn't the same thing as a statement. Is there a way to make custom statements, as livesoft suggested?

[ncdcpa]

One can make a custom statement using the Vanguard web site.

How do you make the custom statement?

Select "Activity" from the top line and then go to the Download Center and define what period you want to download data for. The import the download file into Excel and go nuts.

A data file isn't the same thing as a statement. Is there a way to make custom statements, as livesoft suggested?

You can make a list of all the transactions in an account within an interval, say last year, by going to Activity as explained in the earlier post, then Create Transaction History Report (right below Download Center mentioned above).

[cas]

A data file isn't the same thing as a statement. Is there a way to make custom statements, as livesoft suggested?

Edit: ncdcpa and I were apparently typing at the same time.

I think the people talking about "custom statements" may be talking about this tool:

Log in.
Go to the Activity -> Statements tab.

Click on the "Try our new custom report tool" link. (Which is right under the All Accounts heading.)


Or for that matter, this seems to get you to the same tool:

Just go to the Activity tab.
Click the "Create transaction history report" link (on the right hand side of the page near the top, directly under the "Download Center" link that jebmke mentioned.

[Good Listener]

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that. Also, I don't think you need to include payouts credited in 2025 in your 2024 taxes.

[jebmke]

yes, it is all there in the Activity tab. You can select specific accounts or all of them. At tax time, I can pull only the taxable brokerage accounts and ignore all the details in the IRAs.

There is also a page under Holdings for Distributions and Payouts with a link near the top to a legacy system where you can print out summaries or details. The summaries of Distributions and Payouts are particularly helpful but there is detail by fund and even monthly detail for the OCD-types.

[ncdcpa]

As I've mentioned before, I finally had a forced migration to the brokerage accounts. I really don't like them as every transaction has three or four parts because of the settlement fund and it's very hard to follow. I've saved only the December statement when I had the mutual fund account as it had all the transactions for the year for each fund. I just checked my December statement and it's just one month. Does Vanguard release annual statements anymore for those who have had the brokerage account? Thank you

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that.

Is what you are looking for in the Account Overview section of your December statement? (You can get statements for the previous six years.)

Is there something more for which you are looking?

[Geologist]

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that. Also, I don't think you need to include payouts credited in 2025 in your 2024 taxes.

Under longstanding tax law, mutual fund distributions declared in December that are paid anytime in January are taxable in the December tax year. So if you have, for example, a bond fund dividend that was declared on December 31, 2024 but paid to you in your settlement account on January 2nd, 2025, it will taxable in 2024.

[jebmke]

As I've mentioned before, I finally had a forced migration to the brokerage accounts. I really don't like them as every transaction has three or four parts because of the settlement fund and it's very hard to follow. I've saved only the December statement when I had the mutual fund account as it had all the transactions for the year for each fund. I just checked my December statement and it's just one month. Does Vanguard release annual statements anymore for those who have had the brokerage account? Thank you

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that.

Is what you are looking for in the Account Overview section of your December statement? (You can get statements for the previous six years.)

Is there something more for which you are looking?

The overview page seems to only have balances.

On the web site you can go to distributions and payouts and select the period you want for summarized distributions.

https://personal.vanguard.com/us/myaccounts/divcapgains

[Good Listener]

As I've mentioned before, I finally had a forced migration to the brokerage accounts. I really don't like them as every transaction has three or four parts because of the settlement fund and it's very hard to follow. I've saved only the December statement when I had the mutual fund account as it had all the transactions for the year for each fund. I just checked my December statement and it's just one month. Does Vanguard release annual statements anymore for those who have had the brokerage account? Thank you

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that.

Is what you are looking for in the Account Overview section of your December statement? (You can get statements for the previous six years.)

All I want is the following. I will have a consolidated 1099 div. The box that says tax exempt interest will have a total number. Let's say it's $3. If I earn $2 from the New Jersey bond fund and $1 from the municipal money market I'd like there to be some supporting page that says that. Assembly if I earned $5 of ordinary dividends and $2 from Total stock market, $2 from Total international, and $1 from federal money market I'd like it to say that somewhere. Otherwise I have to go and add up all the monthly statements to get the amounts.

Is there something more for which you are looking?

[ncdcpa]

The overview page seems to only have balances.

On the web site you can go to distributions and payouts and select the period you want for summarized distributions.

https://personal.vanguard.com/us/myaccounts/divcapgains

All I want is the following. I will have a consolidated 1099 div. The box that says tax exempt interest will have a total number. Let's say it's $3. If I earn $2 from the New Jersey bond fund and $1 from the municipal money market I'd like there to be some supporting page that says that. Assembly if I earned $5 of ordinary dividends and $2 from Total stock market, $2 from Total international, and $1 from federal money market I'd like it to say that somewhere. Otherwise I have to go and add up all the monthly statements to get the amounts.

Ok. As I understand it, what you are looking for is in the Account Details sections found on the DivCapGains page above. You can see the previous year. The consolidated statements for Vanguard brokerage accounts also have this breakdown (total from each holding, along with each payment) under Detail for Dividends and Distribution.

[an_asker]

Just did a custom report and what threw me for a loop were the four zeros to the right of the decimal point. To these tired old eyeballs it looked like I had a $40,000,000 transaction. Upon closer review I saw the decimal, 40,000.0000.

Instead of the two comma club, looks like you got inducted into the four zeroes (after the decimal point) club.

[Good Listener]

The overview page seems to only have balances.

On the web site you can go to distributions and payouts and select the period you want for summarized distributions.

https://personal.vanguard.com/us/myaccounts/divcapgains

All I want is the following. I will have a consolidated 1099 div. The box that says tax exempt interest will have a total number. Let's say it's $3. If I earn $2 from the New Jersey bond fund and $1 from the municipal money market I'd like there to be some supporting page that says that. Assembly if I earned $5 of ordinary dividends and $2 from Total stock market, $2 from Total international, and $1 from federal money market I'd like it to say that somewhere. Otherwise I have to go and add up all the monthly statements to get the amounts.

Ok. As I understand it, what you are looking for is in the Account Details sections found on the DivCapGains page above. You can see the previous year. The consolidated statements for Vanguard brokerage accounts also have this breakdown (total from each holding, along with each payment) under Detail for Dividends and Distribution.

That link does it. Thank you. How did you find that link in a way that one can logically do it?

[jebmke]

Ok. As I understand it, what you are looking for is in the Account Details sections found on the DivCapGains page above. You can see the previous year. The consolidated statements for Vanguard brokerage accounts also have this breakdown (total from each holding, along with each payment) under Detail for Dividends and Distribution.

That link does it. Thank you. How did you find that link in a way that one can logically do it?

If you go to Holdings>Distributions and Payouts this link is at the top of the page in the middle of a paragraph about something (I cant recall exactly what).

[Artsdoctor]

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that. Also, I don't think you need to include payouts credited in 2025 in your 2024 taxes.

There are some funds which will pay out the distribution in January 2025 but that will be included in your 2024 1099-DIV. For example, if you chose to take a bond fund distribution to your settlement account, you will have received it on January 2, 2025, but it'll be included in your 2024 total dividend amount.

[ncdcpa]

Very helpful. If all I want to know was the total for the year for each fund those reports don't seem to do that. Also, I don't think you need to include payouts credited in 2025 in your 2024 taxes.

There are some funds which will pay out the distribution in January 2025 but that will be included in your 2024 1099-DIV. For example, if you chose to take a bond fund distribution to your settlement account, you will have received it on January 2, 2025, but it'll be included in your 2024 total dividend amount.

From IRS publication 550(2023) page 28:
Dividends received in January. If a mutual fund (or
other regulated investment company) or real estate invest-
ment trust (REIT) declares a dividend (including any ex-
empt-interest dividend or capital gain distribution) in Octo-
ber, November, or December, payable to shareholders of
record on a date in one of those months but actually pays
the dividend during January of the next calendar year, you
are considered to have received the dividend on Decem-
ber 31. You report the dividend in the year it was declared.

[Good Listener]

I am just going to do what the 1099 says. There's no way I'm going to try to reconcile all of that with the declaration date and statement date. If they want to put me in jail I guess that's life

[Good Listener]

Duplicate

[jebmke]

I am just going to do what the 1099 says. There's no way I'm going to try to reconcile all of that with the declaration date and statement date. As we get older it's more difficult and if the IRS wants to say I did something wrong well let them penalize me and I'll pay it.

the 1099-Div will be correct. But if the dividend was paid on January 2 (and rolled back to prior year for 1099) the dividend will on the January statement but will be included in the 2024 dividends on the 1099. That is why the statement and brokerage tax forms may not agree (they will reconcile but not agree). Foreign tax is the other reconciling item one would see typically.

[ssel]

That link does it. Thank you. How did you find that link in a way that one can logically do it?

If you go to Holdings>Distributions and Payouts this link is at the top of the page in the middle of a paragraph about something (I cant recall exactly what).

That's the legacy version of the divcapgains page, which I also prefer to use. But as it's a legacy page, I'm concerned that one day without warning they may phase it out. So it's good to know that similar information can be found in the "new/current" version of the web pages:

• Holdings > Show: > Taxable Gains

which takes you to https://distributions.web.vanguard.com/taxable-gains

So to find your dividends, just look under "taxable gains". Thanks, Vanguard.

The legacy version of the page just seems more compact and readable to me, but such is progress.