I received a check in the amount of 19.09 from a stock I didn't even know I had because the company was terminated . Since I have to report it....how can I possibly be c

[myvolkswagon2002]

charged 59.99 for a 19.09 check?  I can't. Limited income - Please help.

[ToddL · Accepted solution]

Did you receive a 2016 Form 1099-B for this "sale"?

In any case, the IRS requires you to report  all your income.

Having said that, if you don't report the 1099-B, the IRS  may  send you a notice of Proposed Increase in Taxes later this year. 

They will calculate the tax due (plus interest and penalties) and you can send them a check (no amended return necessary). On $19, that might total $2 or $4 at the most.