If your income is over the filing requirement, you do have to file. If you are a dependent, you requirement is $1050. For non-dependents, see below. You have to go by the gross proceeds, not the gain on the stocks.
Single Under 65
$12,000
Married filing jointly
- Under 65 (both spouses) $24,000
- 65 or older (one spouse) $25,300
- 65 or older (both spouses) $26,600
Married filing separately
Head of household Under
65 $18,000
Qualifying widow(er) with
dependent child
- Under 65 $24,000
- 65 or older $25,300
