Trooper
Full time employment: Posting here.
Hi,
I have a small holding of VDIGX (VG Dividend Growth Fund) in our taxable portfolio.
Throughout the year we received dividends of $1,199.02, STCGs of $211.22, and LTCGs of $1,813.13.
On Vanguards 1099-DIV it lists:
Box 1a Total Ordinary Dividends $1,410.24
Box 1b Qualified Dividends $1,259.94
I know that VG lumps the STCG and dividends together in Box 1a, so $1,410.24 = $1,199.02 + $211.22. But how could the qualified dividends exceed total dividends?
I have a small holding of VDIGX (VG Dividend Growth Fund) in our taxable portfolio.
Throughout the year we received dividends of $1,199.02, STCGs of $211.22, and LTCGs of $1,813.13.
On Vanguards 1099-DIV it lists:
Box 1a Total Ordinary Dividends $1,410.24
Box 1b Qualified Dividends $1,259.94
I know that VG lumps the STCG and dividends together in Box 1a, so $1,410.24 = $1,199.02 + $211.22. But how could the qualified dividends exceed total dividends?