I have a 1099-B, proceeds from broker and barter exchange transactions. It's only account maintenance fees with 0.00 Federal income tax withheld. Do I have to file this?

jkbrhoades · ‎February 20, 2021

The gain/loss is $0.32.

ToddL99 · ‎February 20, 2021

Yes, you should file this with your tax return.

While the reported gain won't have any effect on your taxes, the IRS will be expecting you to report the gross proceeds on your tax return, That is the figure reported to them on their copy of the 1099-B, and they will be checking to see if it matches what you report.

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ToddL99 · ‎February 20, 2021

Yes, you should file this with your tax return.

While the reported gain won't have any effect on your taxes, the IRS will be expecting you to report the gross proceeds on your tax return, That is the figure reported to them on their copy of the 1099-B, and they will be checking to see if it matches what you report.

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I have a 1099-B, proceeds from broker and barter exchange transactions. It's only account maintenance fees with 0.00 Federal income tax withheld. Do I have to file this?