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New Member
posted Feb 20, 2025 8:49:03 AM

If i did not earn any income on this, and actually lost in stocks, do i have to declare stocks invetsments? sincethere was no revenue of at least 10usd there was no 1099

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1 Replies
Expert Alumni
Feb 20, 2025 9:41:22 AM

You didn't clarify if you sold your stocks. You don't have to report gains or losses on stocks until they are sold and you don't need report the income under $10 if that your only income. 

 

If you sold your stocks for a loss, you need to file a return to report capital losses. You can carry the losses forward to future years. Also report any income even if you didn't receive a 1099 form.