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February 25, 2023
Question

In my consolidated vanguard brokerage tax statement, it includes multiple sections (1099DIV, 1099INT, and 1099B). If these last 3 only have 0s, do I need to submit them?

  • February 25, 2023
  • 2 replies
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The only section that has numbers besides 0's is the 1099DIV. So, do I still need to submit a separate 1099INT and 1099B for Vanguard just saying that the values are all 0's?

2 replies

fanfare
Employee
February 25, 2023

use your own judgement and common sense.

February 25, 2023

I had the same situation with my Pershing LLC summary statement(s).  According to my investment manager and tax consultant, you only file for the pages with interest and/or dividends where the IRS can take their pound of flesh.  If you send zeros, it won't make any difference, just wastes your time, more. 

shbqqaAuthor
February 25, 2023

Thank you so much DaphneMarine for your helpful answer! 🙂