Originally Posted by d
... entering the 1099 info on turbotax can be, dare i say it, very taxing ...
I cannot believe you dared to say that.
I think I have figured out the apparent contradiction. The 1099-DIV from
Vanguard (mutual funds) is NOT a brokerage statement, since they actually
ARE Vanguard funds. Whereas the one from Schwab IS a brokerage
statement - and in fact has the dividends all totaled up into one entry.
So I think the Vanguard ones really DO need to be separate Schedule B
entries for each fund, and I guess it's just good luck (or a little extra effort
on the IRS' part) that's allowed me to get by with just tot'ing them up for
all these years.