Tracking taxable investments

[anotherAlias]

  Up until recently all of my spare cash each month was used to pay off student loans or my mortgage.  Since I sold my house last week and am currently renting, Im in the unfamiliar position of having cash available to invest outside of my retirement accounts.  I have opened an account at vanguard and am working on an investment plan that I feel comfortable with.  What I'm a little confused about is how I need to track things for tax purposes.  I currently track all of my financial accounts in Quicken.  Will that track the info I need at tax time?  I know I need to track the cost that I bought my shares and reinvest dividends at but what else do I need to know?  Anyone know of a website that covers this in beginners terms? 

Having been a landlord for 6 years, I know how much time and headaches good bookkeeping can save when it comes time to pay uncle Sam.  I just want to save myself a migraine next April

[grantmeaname]

Vanguard will send you (and the IRS) a form 1099 at the end of the year, which should be all you need. Here's a little info about it.

[anotherAlias]

Thanks.  That sounds easy enough or at least easier than the taxes for the duplex I had.

[destron]

In addition to receiving a 10-99, you can check on the website what your current tax liability is. Poke around in the menu, you will find it.