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?
01388
1 Replies
Rick19744
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.