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Personal Finance and Investing

at140

(6,156 posts)

1. Thank you for an important heads up!

Reply to question everything (Original post)

Sun Feb 9, 2020, 03:42 PM

Feb 2020

Otherwise would get another unnecessary letter from the IRS.
And it is never easy to straighten out problems dealing with IRS.

For example, couple of years back I had cashed in a fixed annuity which pays interest.
I declared the interest but IRS thought my entire withdrawal was taxable!
The agent on phone did not understand "return of capital"!
I had to educate her on what that means, and it was another headache for me, with zero fault by me.

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If you used reports from Vanguard in your tax return in previous years, and plan, again, this year [View all] question everything Feb 2020 OP

Thank you for an important heads up! at140 Feb 2020 #1