If it’s not on the list, there is no capital gain to distribute. It looks like normal monthly bond fund distributions (daily accrual) are not included. My guess is bond fund income distributions on this list are either quarterly or one time.
That’s what is odd. Isn’t that a bond fund? So there will be a December div.
If it’s not on the list, there is no capital gain to distribute. It looks like normal monthly bond fund distributions (daily accrual) are not included. My guess is bond fund income distributions on this list are either quarterly or one time.
No, you are not missing anything. However, for many here LTCG are tax-free so it wouldn't matter as much for those people. Where it really blows is when you just recently bought in and paid that $1,000.Not to hijack this thread, but in general MF CG distributions are bad, correct? For example I own $1000 of Fund A which distributes $100 at Y-E. My fund is now worth $900, and I have $100 in my bank account (if I chose not to re-invest). However, I also have $100 of taxable "income" from this neutral position. Am I missing something?
Not to hijack this thread, but in general MF CG distributions are bad, correct? For example I own $1000 of Fund A which distributes $100 at Y-E. My fund is now worth $900, and I have $100 in my bank account (if I chose not to re-invest). However, I also have $100 of taxable "income" from this neutral position. Am I missing something?
I'm expecting CG distributions to be about the same as last year. Is that what others are seeing?
Yup. VBTLX is a Total Bond Market Index fund and pays dividends monthly. I think the document posted earlier is more for quarterly or annual distributions.
I don't think you are missing anything. My biggest year end distributions come from my T-ira and Roth, so I have no tax consequences from them. I have a lot of funds in ETF's, but they do not typically pay year end distributions. I do have a taxable bond fund that pays year end distributions and of course I have to pay taxes on that one.Not to hijack this thread, but in general MF CG distributions are bad, correct? For example I own $1000 of Fund A which distributes $100 at Y-E. My fund is now worth $900, and I have $100 in my bank account (if I chose not to re-invest). However, I also have $100 of taxable "income" from this neutral position. Am I missing something?
Vanguard distribution estimates here http://vanguard.com/pdf/RET891511_122018_final.pdf
My VFIAX dividend (which shows as pending under Holdings / Debits and Credits) is about $1.28 per share. I was surprised it was 5 cents more per share than what was listed in the link above.
Those are estimates, not the final number.
Don't forget that VG International is after taxes. Your 1099 will include foreign taxes paid, which adds about 7% to the total, so you have to add at least 7% to those dividends to avoid going over any cliffs. Not sure if that's true of all international funds everywhere, but it is for sure at Vanguard.
Yes, but after MAGI, and any other tax calculation. If you're managing income for an ACA subsidy, or trying to avoid pushing LTCGs into being taxed, you have to take this into account.But doesn't that ~7% come back as a tax credit?
Yes, but after MAGI, and any other tax calculation. If you're managing income for an ACA subsidy, or trying to avoid pushing LTCGs into being taxed, you have to take this into account.
Yes, you need to use ~107% of what you receive/expect to receive as that is what VG will report as dividend income.
Yes, you need to use ~107% of what you receive/expect to receive as that is what VG will report as dividend income.
I can finally see what I'll be getting under a Dividends, Capital gains, and interest header I don't normally see. And I only see it in the old style more condensed format https://personal.vanguard.com/us/TPView , rather than the larger font and spacing display that is the new (or worse) default view.My VFIAX dividend (which shows as pending under Holdings / Debits and Credits) is about $1.28 per share. I was surprised it was 5 cents more per share than what was listed in the link above.
I can finally see what I'll be getting under a Dividends, Capital gains, and interest header I don't normally see.
Just thinking......doesn't this have the same "feel" as in late 2000? Remember how we got some really big CG distributions while the values of stocks and stock funds were dropping big?
Another thing I remember from some years ago was how my federal income taxes rose slightly even when I received some CG distributions which were taxed at 0%. Took me some time to figure out why even though I have a spreadsheet I updated when new data arrived. Turned out that I was itemizing my deductions including medical expenses. An increase in LTCG lowered my deductible med expenses a tiny bit which raised my taxable income.