My 1099-B shows an income of only $1.52 from sale of stock. Do I need to report an amount so small? Is there a minimum?

[otdoc2b]

I have no other income from sale of stock.

[AamilD]

Yes, this is because IRS tries to match all the documents which you entered against the documents they received for you. Your brokerage would have send the IRS a copy of your 1099B and when they see that you have not entered it, a mismatch can occur causing delays.

While the amount seems very small, it is important to input all the information to avoid any delays.

[Mike9241]

while all trades are supposed to be reported, you gave us the gain. what about the sales proceeds because that's what the IRS will be looking for.