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Taxes

Vanguard tax form schedule

5 minute read
  •  
October 25, 2021

Here is a general list of the tax forms Vanguard provides and the dates they’ll be available. If you’d like to know which tax forms you’ll get from us, visit your personalized tax form schedule

Vanguard brokerage accounts

Vanguard brokerage accounts receive a 1099-consolidated, which includes 1099-DIV, 1099-B, 1099-INT, 1099-OID, and 1099-MISC. They’re produced in three separate groups, depending on whether you have a complex financial portfolio or not.

Form Available online Sent by mail
1099-consolidated (group 1) January 26-30 January 31
1099-consolidated (group 2) February 22-26 February 28
1099-consolidated (group 3) March 15-17 March 19
1099-R January 17 January 24
1099-Q January 17 January 24
1042-S March 14-15 March 15
5498 May 16-21 May 23

Download tax forms and view your personalized tax form schedule

Vanguard mutual-fund only accounts

Remember, if you transitioned from our old investment platform (our Vanguard mutual fund only platform) to our new investment platform (our brokerage platform) during the year, you may receive two separate sets of tax forms if you had taxable transactions in each account.

Form Available online Sent by mail
1099-B* January 18 January 22
1099-DIV* January 18 January 22
1099-R January 10 January 13
1099-Q January 7 January 11
1042-S February 18 February 22
5498 May 16 May 23
5498-ESA April 20 April 23

*The following funds will have a later delivery date for 1099-DIV and 1099-B: 

  • Real Estate Index (VGSLX, VGSNX, VGSIX)

About your tax forms

What it’s used for

For nonresident aliens to report amounts that are subject to income tax withholding. 

 

Why you might receive one

You'll only get a 1042-S if you're a  nonresident alien  and:

  • From a  nonretirement account, you received any dividend, short-term capital gains, or long-term capital gains distributions. 
  • From a  retirement account  (including IRAs), you took any withdrawals. 
  • You had any federal income tax withheld from those withdrawals (referred to as nonresident alien withholding). 

If you haven't provided Vanguard with a completed Form W-8BEN to certify your foreign status, you may instead receive a 1099-B or 1099-DIV to report these activities. 

What it’s used for

To determine any taxes due on your sales of mutual fund shares and securities.

 

Why you might receive one

You'll get a 1099-B if, in a nonretirement account, you:

  • Sold or exchanged mutual fund shares (excluding money market funds).
  • Sold any individual securities.
  • Owned an individual stock that was part of a merger.
  • Owned an individual bond that matured.
  • Experienced a profit or loss on a regulated futures contract.†

What it's used for

To determine any taxes due on your investment income.

 

Why you might receive one

You'll get a 1099-DIV if:

  • From a nonretirement account, you received ordinary or qualified dividend distributions, capital gains distributions, or foreign taxes paid.
  • From a tax-exempt bond fund or money market fund, you received interest dividends, including specified private activity bond interest.

But even if you meet these criteria, you might not receive a 1099-DIV—especially if your income totaled less than $10 for a particular investment.

Find out why you might not receive Form 1099-DIV

If any of your Vanguard funds held direct U.S. government obligations in 2020, you'll also receive a separate instruction sheet with your 1099-DIV. You'll need both documents to report your state and local tax liability.

What it's used for

To determine any taxes due on your investment income from fixed income investments.

 

Why you might receive one

You'll get a 1099-INT if, in a brokerage account, you owned an individual bond (or other interest-bearing investment) that paid taxable and/or tax-exempt interest.

(For mutual funds, this income is reported on your 1099-DIV.)

What it's used for

To determine any taxes due on substitute payments for stocks.

 

Why you might receive one

You'll get a 1099-MISC if, in a nonretirement margin account, you received substitute payments in lieu of dividends for individual stocks.

What it's used for

To determine any taxes due on individual bonds you bought at a discount.

 

Why you might receive one

You'll get a 1099-OID if, in a brokerage account, you owned an individual bond (or other interest-bearing investment) that was originally purchased at a discount—meaning that you paid less than face value. You're required to report a portion of that OID (original issue discount) each year you own the bond.

Form 1099-OID is issued even if you didn't receive a cash payment from the investment during the year.

Special note to owners of TIPS

What it's used for

To determine any taxes due on withdrawals from accounts used for education savings.

 

Why you might receive one

You'll only get a 1099-Q if you owned either an ESA or a Vanguard 529 College Savings Plan account and you:

  • Took a withdrawal.
  • Transferred assets from your Vanguard account to another financial institution.

What it's used for

To determine if any of your retirement account transactions resulted in taxable income and/or may be subject to penalties.

 

Why you might receive one

You'll get a 1099-R if you owned a retirement account, like an IRA or employer-sponsored plan account, and:

  • Took a distribution.
  • Removed an excess contribution.
  • Converted to a Roth IRA.
  • Recharacterized a contribution.
  • Completed a rollover into an IRA.

What it's used for

To report your total annual IRA contributions.

 

Why you might receive one

You'll get a 5498 if you owned a retirement account (like an IRA or employer-sponsored plan account) and:

  • Made a contribution (including catch-up contributions) to an IRA between January 1, 2020, and April 15, 2021.
  • Converted to a Roth IRA.
  • Completed a rollover into an IRA.
  • Recharacterized a contribution.

While Vanguard sends a copy of this form to the IRS, it generally isn't necessary when you're preparing your tax returns.

However, it may be used the following year to help determine whether or not you need to take a required minimum distribution (RMD).

What it's used for

To report your total annual education savings account (ESA) contributions.

 

Why you might receive one

You'll get a 5498-ESA if you owned an ESA and:

  • Made a contribution.
  • Transferred assets from another institution to your Vanguard account.
  • This form is primarily for your records. It generally isn't necessary when you're preparing your tax returns.

Although our investment professionals are qualified to provide information about Vanguard funds and services, they can't provide tax advice. If your tax situation is complex or if you're uncertain of the interpretation of a specific tax rule, we recommend that you seek advice from a qualified tax professional.