Thanks for the tip, any reason not to switch to VUSXX. I was reading some posts on here where people switched back to VMFXX due to the higher yield and Repos for FY23, granted these are older threads.
I do my own taxes in Turbo tax. I saw this post on the turbotax forum and it sounds like Vanguard will provide the % which is taxed on the 1099-DIV/INT form they provide. Not having experience with tax deffered accounts I was concerned about doing the calculation myself https://ttlc.intuit.com/community/taxes ... 00/3154483
Are you stating this calculation has to be done manually?
I'm looking for any drawbacks of switching to VUSXX.
I realize VMFXX is a settlement fund so it has a checking option and it has a direct deposit option. VUSXX does not.
I do my own taxes in Turbo tax. I saw this post on the turbotax forum and it sounds like Vanguard will provide the % which is taxed on the 1099-DIV/INT form they provide. Not having experience with tax deffered accounts I was concerned about doing the calculation myself https://ttlc.intuit.com/community/taxes ... 00/3154483
Are you stating this calculation has to be done manually?
I'm looking for any drawbacks of switching to VUSXX.
I realize VMFXX is a settlement fund so it has a checking option and it has a direct deposit option. VUSXX does not.
Statistics: Posted by carbonfiber248 — Wed Jan 08, 2025 3:22 pm