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<I currently have dividends from my Vanguard account automatically reinvested so I never see them. So, do I have to list them as income on my tax return even though I didn't receive any money from Vanguard?

Can you point me to any reading material that would better explain when I'm supposed to be paying taxes on a non-IRA mutual fund and how much I'll be taxed?>

I think all these questions should be on Tax Strategies folder where a real CPA who knows the answers, TMFTaxes, could give you authoritative answers.

1.) You DO have to pay taxes on the reinvested dividends, even though you never receive any money from Vanguard unless the Vanguard fund is inside an IRA.

2.) You can get publications 505: Tax Withholding and Estimated Tax; Publication 525: Taxable and Nontaxable Income; Publication 550: Investment Income and Expenses; Publication 551: Basis of Assets; and Publication 590:590: Individual Retirement Arrangements all from the IRS, by telephone or download them from their web site. All free.
You can also read some of this in the instructions for last year's form 1040. Try to get up-to-date versions, if they are available yet.
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