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Tue Jan 21, 2020, 01:15 PM

Are 1099 have to be deliverd via snail mail?

Our iRAs are with Vanguard and they prefer to have us download all documents instead of mailing. I enjoy grandfather clause, I suppose, where my year end statements and 1099 are mailed but for my spouse we have to make a special request for year end statement. But several weeks ago my spouse, only, got a note that the 1099 was available to download. I really like to have these documents in their original form and wonder whether there is any obligation.

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Reply Are 1099 have to be deliverd via snail mail? (Original post)
question everything Jan 2020 OP
Bayard Jan 2020 #1
question everything Jan 2020 #2
progree Jan 2020 #3
question everything Jan 2020 #4
progree Jan 2020 #5
question everything Jan 2020 #6
progree Jan 2020 #7
PoindexterOglethorpe Feb 2020 #8

Response to question everything (Original post)

Tue Jan 21, 2020, 02:12 PM

1. No

I've had them emailed several times. You could probably request regular mail.

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Response to Bayard (Reply #1)

Tue Jan 21, 2020, 02:13 PM

2. Thanks. I will

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Response to question everything (Original post)

Tue Jan 21, 2020, 05:08 PM

3. I get all my 1099's by snail mail, including Vanguard's

My first and only for this tax season was a 1099-R from Vanguard (Roth conversion), which I received Jan 17.

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Response to progree (Reply #3)

Tue Jan 21, 2020, 10:49 PM

4. Vanguard had its own "conversion" and I think it is still in the learning curve

The year end statement had two summaries of distributions: one for the first three quarters which agreed with my numbers, then the ones for the last quarter, after the "conversion" and it made no sense. Talking to someone on the phone did not help. Until I got the 1099 and that number was OK.

Oh, and there, again, were two 1099: one for the first three quarters the other for the last one.

Spouse today got only one of them..




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Response to question everything (Reply #4)

Tue Jan 21, 2020, 10:56 PM

5. I haven't had any problems with these or any other Vanguard tax forms

though on Roth conversions I only do one conversion a year -- in mid-late December. I've been converting since 1998, though I've skipped maybe 4 or 5 years during that time. I wait to the end of the year when I have the most clarity of what my tax situation is, so as not to venture into the next tax bracket. I'm sorry to hear about your situation, even after a phone call...

When I do some transaction, I copy and paste the pre-submittal page and then the confirmation page just in case.

Do your regular Vanguard statements look OK?

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Response to progree (Reply #5)

Tue Jan 21, 2020, 11:09 PM

6. They did, until the conversion

I am talking traditional IRA. It used to be that i would withdraw, say, $1,000 and ask them to withhold 15%.

The confirmation would give both numbers and the amount $850 that was transferred to the bank. Now I get two notices: one, about the $1,000 withdrawal. Another, a day later, the amount that was electronically transferred to my bank.

Since you had only one transaction, the Roth conversion, there is not much confusion, I suppose.


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Response to question everything (Reply #6)

Tue Jan 21, 2020, 11:23 PM

7. True.. I also don't have them withhold any taxes, since I do quarterly estimated taxes

and have until my January 15 estimated tax due date to make up for any shortfalls I incurred in the preceding calendar quarter.

Since you had only one transaction, the Roth conversion, there is not much confusion, I suppose.


Now that I think about it, my Roth conversions are two transactions: a withdrawal from my Traditional IRA, and an addition to my Roth IRA. But I only get one confirmation (saying x shares were transferred from my Traditional IRA to my Roth IRA). And one tax form -- the withdrawal from Traditional IRA part.

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Response to question everything (Original post)

Mon Feb 3, 2020, 05:55 AM

8. So far all of my tax stuff arrives by snail mail.

Although I did get an email from one source that indicated it was to come electronically. I will be in touch with them to make sure I get the paperwork I need.

For me, the problem with getting these things electronically is that I may not correctly read the email that tells me that, and might miss the actual document.

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