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YEAR END TAX LETTER JE Wiggins & Co  Form

YEAR END TAX LETTER JE Wiggins & Co Form

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get a$ 1099 div because you own vtsax what does that mean for your tax return hi this is financial planner Shan meany let's discuss so I'm recording this on January 23rd 20124 and the first round of forms 1099 div for those who own vtsax and a vangard account have just come out and what I'm going to do in this video is explore well what does that mean for your tax return where does this need to be reported on your tax return I'm not giving you in individual advice I'm giving you educational information but let's explore some of those numbers and what I've done here is i' I've mocked up a mock 1099 div you would get if you had vtsax and a taxable account and at the end of the year you own something like a $100,000 of vtsax in the taxable account I'm assuming no other Holdings in this account and I'm also assuming you just own the position throughout the year and so it just added the dividends you didn't buy during the year sell during the year anything like that so these are approximate

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