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Old 11-30-2017, 06:51 PM   #41
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Just checked T. Rowe Price - some distro estimates have increased significantly.
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Old 11-30-2017, 07:06 PM   #42
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It’s a good time to check for revisions to estimates.

I don’t ink Fidelity has updated theirs yet, I looked a couple of days ago and they were still using Sept 30 as the “status”.
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Old 11-30-2017, 07:10 PM   #43
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Not surprising- so far the estimates I'd gotten were smaller than 2016 and that didn't seem right with the way the market has gone this year. It sure makes tax planning messy since CG distributions can have a major effect on my tax liabilities and i'd really like to get an idea of whether I'll need to ante up more than I've already made in estimated payments.
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Old 11-30-2017, 07:19 PM   #44
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IT does do expend on when the fund closes it’s books for the year. Many close on Oct 31 and what happens later in the year doesn’t matter.

Only had one big one paid out so far and it was very close to the estimate.
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Old 11-30-2017, 08:09 PM   #45
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Quote:
Originally Posted by audreyh1 View Post
It’s a good time to check for revisions to estimates.

I don’t ink Fidelity has updated theirs yet, I looked a couple of days ago and they were still using Sept 30 as the “status”.

They have changed; I'm seeing "Estimated Year-End" as the status on many funds. I saw an increase in the total per share amount from the previous week.
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Old 11-30-2017, 08:17 PM   #46
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Just checked T. Rowe Price - some distro estimates have increased significantly.
+1 My TRPrice estimates are up about 6% in total from the earlier report.
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Old 11-30-2017, 08:55 PM   #47
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They have changed; I'm seeing "Estimated Year-End" as the status on many funds. I saw an increase in the total per share amount from the previous week.
Hmm - maybe I'm not seeing the latest link. Will check.

This is the link they are giving on their home page, so it must be the latest:
https://www.fidelity.com/mutual-fund...ation/year-end

OK - I see what you are saying. Although a lot of the funds has Sept 30 year end dates, there are several funds that are listed as status "Estimated Year-End" and it looks like they have been updated.

Yep - a few have gone up. Half my funds no change - they were on the Sept 30 year end.
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Old 12-08-2017, 04:00 PM   #48
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Well, I just ran my first estimate of full year income for this tax year. Two of my top three equity holdings are active Vanguard funds, and both have sizable capital gains distributions this year. Just enough to push me up one bracket in Medicare MAGI. I had a nice plan but was too close to the next bracket.

Oh well. Robert Burns said it best.
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If this holds when I run the numbers late this month, I might do a little rebalancing before year end, and take some of that gain now - and lower the risk of the same thing next year.
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Old 12-08-2017, 04:14 PM   #49
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Just saw this on the VG site:

December 8, 2017 Updated and expanded estimates: Updated estimates of year-end capital gains for applicable Vanguard mutual funds and ETFs, broken down by short-term, long-term, and total gains, plus estimated income and qualified dividend income percentages, as of December 31, 2017.

https://investornews.vanguard/upcomi...s-information/
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Old 12-08-2017, 05:08 PM   #50
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Just saw this on the VG site:

December 8, 2017 Updated and expanded estimates: Updated estimates of year-end capital gains for applicable Vanguard mutual funds and ETFs, broken down by short-term, long-term, and total gains, plus estimated income and qualified dividend income percentages, as of December 31, 2017.

https://investornews.vanguard/upcomi...s-information/
Yes, that's the estimate I used. Thanks for posting the link.
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Old 12-08-2017, 05:33 PM   #51
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On the Vanguard list, just before the Capital Gains Section, what does the column with the heading
"Net
income
available
12/31/2017"

mean?
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Old 12-08-2017, 06:32 PM   #52
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I'm pretty sure that's dividends, since the funds that have it (e.g. VTSAX) are ones that declare quarterly divs but rarely CGs.

Quote:
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On the Vanguard list, just before the Capital Gains Section, what does the column with the heading
"Net
income
available
12/31/2017"

mean?
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Old 12-08-2017, 07:59 PM   #53
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Well, I just ran my first estimate of full year income for this tax year. Two of my top three equity holdings are active Vanguard funds, and both have sizable capital gains distributions this year. Just enough to push me up one bracket in Medicare MAGI. I had a nice plan but was too close to the next bracket.

Oh well. Robert Burns said it best.
If this holds when I run the numbers late this month, I might do a little rebalancing before year end, and take some of that gain now - and lower the risk of the same thing next year.
Ouch!

I'm trying to take as much this year so that next year's income is lower. DH starts Medicare in 2020, so 2018 income will determine the initial premiums.

My funds are paying quite large capital gains. I'm hoping it doesn't repeat next year. 2015 was high, but 2016 dropped back quite a bit. 2017 is back to 2015 levels - well maybe a smidge above.
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Old 12-08-2017, 08:00 PM   #54
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I thought the dividend estimates for Vanguard were to be published 12/8 (today)?

Looks like it - there are some links here: https://investornews.vanguard/upcomi...s-information/
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Old 12-08-2017, 08:06 PM   #55
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Quote:
Originally Posted by SoReady View Post
On the Vanguard list, just before the Capital Gains Section, what does the column with the heading
"Net
income
available
12/31/2017"

mean?
I think that means the dividends that are going to be paid out by 12/31/17.
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Old 12-08-2017, 11:54 PM   #56
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Quote:
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On the Vanguard list, just before the Capital Gains Section, what does the column with the heading
"Net
income
available
12/31/2017"

mean?
This is on the last page -

Each fund’s year-end income dividend will include net income for the full calendar year, so the amounts
shown above will increase by any net income earned in December.

The estimated QDI percentages represent the portion of total 2017 income dividends expected to
qualify for reduced tax rates for 2017.

Someone else can explain exactly what that means!
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Old 12-09-2017, 06:39 AM   #57
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QDI might mean qualified dividend income?
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Old 12-09-2017, 07:45 AM   #58
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Most of my ex-US equity is in Fidelity's FSGDX fund. I received the year-end distributions yesterday.
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Old 12-09-2017, 08:01 AM   #59
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Yes. Fidelity pays most of their cap gains distributions out on Friday's in December. So 12/1, 12/8, 12/15, 12/22 etc.

Yesterday 12/8 was a big one. So is next Friday 12/15.
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Old 12-09-2017, 08:43 AM   #60
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One thing to keep in mind is what if you own international funds that you need to increase the dividend amounts included in income on your tax return for estimated foreign taxes paid.

So for example, if a fund had $5,000 of income and paid $600 of taxes and distributes $4,400 in dividends, on your tax return it will show up as $5,000 of dividend income and $600 of foreign taxes paid even though the credit to your account for dividends was only $4,400.
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