Okay, so I opened our first taxable account this month, through Vanguard. Now, I'm trying to research the taxes and I'm discovering I don't know enough of the basics to follow most of what I'm finding. Can anyone point to something really basic, or just explain it to me like I'm a five-year-old?
If I can get a little background and vocabulary, I can and will just read the IRS instructions, but for now, I don't even know enough to properly search the IRS website for the forms I'd need.