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Re: My son did not have a job in 2020-income is 0. He is a full time student. We sold his mutual fund shares in 2020 and had a loss of $58. Do we need to file for 2020?
NCperson
Level 15
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Investors & landlords
not necessary - there is no tax due on a loss.
‎April 3, 2021
8:06 PM