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@JohnB5677 

 

So to be clear, checks received from stocks issued by a broker do not need to be reported as another income? Only 1099-B needs to be reported? I've completed all the information in 1099-B and it states a certain amount of 'capital gains income', but it hasnt affected the dues up top. Very confused, wondering if I'm missing something important. I think this could be because income is below a threshold for that year, but it's unclear. Wanna make sure I'm not underestimating what could be owed due to misunderstanding. Thank you for your input, any more information that could provide clarity is sincerely appreciated!