Do i need to claim stocks info if I have a robinhood account with only 600$ and i haven't pulled any money out of my portfolio, and I'm still negative on my overall inves

I own a robinhood accont with about 570 in it, i put in about 600 total, and i have never transferred out of my portfolio into my bank account. am i understanding correctly that i don't need to claim anything there on my taxes??

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If this is not a retirement account, you do need to file your capital gains and losses for any realized gains or losses. This would be positions in stocks or funds that you have closed/sold.

You may also have dividends or interest to report annually, depending on the investments that you hold. Your account should have an annual tax document for you each year.

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