You'll need to sign in or create an account to connect with an expert.
Yes, you will need to report it. There is no minimum amount for reporting income to the IRS.
Granted, declaring the $0.18 may seem nonsensical, but there may be other information that needs to be reported, so unless it is the ONLY 1099-B entry, you want to include all entries.
Please read this TurboTax FAQ for additional information about entering a 1099-B form: Where do I enter a 1099-B?
[Edited 2/24/19 | 3:51pm]
Yes, you will need to report it. There is no minimum amount for reporting income to the IRS.
Granted, declaring the $0.18 may seem nonsensical, but there may be other information that needs to be reported, so unless it is the ONLY 1099-B entry, you want to include all entries.
Please read this TurboTax FAQ for additional information about entering a 1099-B form: Where do I enter a 1099-B?
[Edited 2/24/19 | 3:51pm]
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17768128633
New Member
ta1994
New Member
markrlee
New Member
K_formicola
New Member
patdume
New Member