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I can guarantee that one free stock sale was no more than $5 which is WAY below any filing requirement for the feds or state.
I did the same thing, but I sold it for $7. I received a 1099 from robin hood, do I need to claim this on my taxes?
@em139 If you are filing a return, then you should report the 1099-B received on your tax return for capital assets sold.
If the 1099-B only shows gross proceeds of $7 and that is the only income you received for the year, then you are not required to file a return.
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