Reporting help with Vanguard 1099-DIV

Forum|Forum|1 year ago
April 13, 2025
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I received a 1099-DIV from Vanguard for brokerage account where the only asset I hold is VTI ( Vanguard Total Stock Market Index Fund ETF).

I am trying to report this in TurboTax Desktop Deluxe Version. My 1099-DIV has the following fields which have values.

1a- Total ordinary dividends (includes lines 1b, 5, 2e)

1b- Qualified dividends

5- Section 199A dividends

Then later in details it has:

Security description which has numbers associated with "Qualified dividend" "Section 199A dividend" and "Nonqualified dividend" on various dated.

At end it has

PERCENTAGE OF INCOME FROM US GOVERNMENT SECURITIES

Fed Source Total 0.30%

I file in all these details in TurboTax and then in later question sections I am confused about. It seems like some of these checkbox should be selected?

mglauner

Select the first box, then multiply the amount in Box 1 by .30 and enter that amount as US Government Interest.

@frostily0495

JohnnyMac16

To clarify, you would multiple the amount in Box 1 by 0.30% (which is 0.003) to get the U.S. Government Interest.

mglauner

Multiply amount in Box 1 by .30 (which is 30%). That means 30% of your dividend comes from US Government sources. There may be a list of securities invested in by that particular fund with your 1099-DIV info.

@JohnnyMac16