Talk of The Villages Florida - View Single Post - Taxes
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Old 10-03-2023, 07:13 AM
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Default Taxes
Quote:
Originally Posted by Gigi3000 View Post
I'm fairly new to investing and have never talked to a CPA. According to Vanguard, I've made $15,000 taxable income so far in 2023 so i should make around $21-23,000 by year end. Most of this taxable income is from my VMFXX Money Market at Vanguard where i have 60% of my funds. I know that a large part of the income from that fund is government securities. On my taxes last year, which i did myself on turbo tax, it asked if my income was from government securities and i said yes so i assume I didnt pay taxes on it. Long story short, do i need a CPA consult this year? Appreciate any enlightment....
Turbo tax can also download your info into your form so it will be correct. They will also show you how to do it