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Get your taxes done using TurboTax
Thank you. Is a loss of $3.89 considered "worldwide income/taxable income." I was previously told (years ago by a CTA) that you are only required to report anything you'd owe taxes on, and financial losses do not require a tax. I know they help reduce taxes, but would rather not bother for $3.89 if it is not required.
March 30, 2025
12:49 PM