First year of VTSAX taxes?

[fizzgig]

Do I just get a statement from Vanguard and claim the dividends like I would interest from a savings account? I plan on sticking to a build wealth building stage in a VTSAX for the next 15 years, maybe more.

[Cheddar Stacker]

You'll get a 1099 for your dividends and any other tax consequences from your account. These are supposed to be filed by 2/15, sometimes they come out sooner and sometimes later. Dividends go on the same form as interest, just in a different spot. It's pretty easy to input, but post specific questions here once you get the forms.

[seattlecyclone]

Yes, it's pretty easy. Remember that the dividends will probably be taxed at "qualified dividend" rates which is lower than what you pay on interest from a savings account.

[ac]

I just stick my login info into Turbotax, and it retrieves all the stuff from Vanguard. 

Thank goodness.  I buy shares weekly.