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New Member
posted Feb 13, 2021 7:55:08 PM

I made small investments in the beginning of 2020 with a stock trading app. At one point did sell around 200.00 worth for a 50.00 increase, do I need to claim it?

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1 Replies
Level 13
Feb 14, 2021 6:59:07 AM

If you have a filing requirement, then "yes" you need to report it.

The tax code requires that ALL income is reported from whatever source derived.