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After you file
Your stock sale was almost certainly a covered transaction. IRS knows the basis and it is not zero.
The tax on a $5.00 gain is at most $1.00
IRS is not going to go after you for one dollar. It costs them more than a dollar to do that.
The tax on a $5.00 gain is at most $1.00
IRS is not going to go after you for one dollar. It costs them more than a dollar to do that.
‎June 3, 2019
11:51 AM