Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Disappointed Vanguard Brokerage

edited February 2022 in Other Investing
After spending hours trying to reach Vanguard telephone support earlier this year and thinking this is as bad as it gets, I now found out that Vanguard brokerage won't send me my 1099-DIV till March 15-17 which is NOT acceptable. I have already received all my 1099-DIVs by mid February. Apparently I fall in 1099-consolidated (group 3) which means 1099-DIV will be available online March 15-17. Anyone else falls in the same bucket? Anyone else angry about that?


  • I would recommend that you check online frequently regardless what Vanguard says the available date. Often I get mine a week or two ahead of the actual dates. You can download the 1099-DIV right away. By that time your tax would be done before the paper copy arrives.
  • Thank you Sven for your reply. I am hoping that Vanguard will email me when my tax form is ready. However, I will check online as you mentioned as hope is not a strategy. Thanks again.
  • This really work! I got my form 3 days before the email notice arrived. I went the paperless route a number years ago since it is the quickest way to get your form. Good luck.
  • Not familiar with groups 1, 2, 3. What does that refer to?
  • msf
    edited February 2022
    Many brokerages describe their 1099 mailings as being divided into three groups. Here's Raymond James' description of which statements get mailed when:
    Forms mailed for accounts with holdings where issuers have finalized income reallocation or accounts holding less-complex securities, such as equities.
    Forms mailed for accounts with holdings where issuers have finalized income reallocation since Group 1 was mailed. This typically includes mutual funds and unit investment trusts (UITs). Additionally, the first amended Composite Statements are mailed.
    Forms mailed for remaining original Composite Statements including real estate mortgage investment conduit (REMIC) that report on Form 1099-OID. Additionally, the second round of amended forms are mailed.

    TDAmeritrade provides an explanation of why these forms may be delayed.
  • Thanks msf.
  • Hi DavidF, if you click on the link in my first message, you can see description of groups at Vanguard.
Sign In or Register to comment.