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New Member
posted Feb 20, 2020 4:32:18 PM

When do investments need to be reported on taxes if you haven’t withdrawn any amount from them yet? Example Money Lion, Acorns, etc.? Thanks

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1 Replies
Expert Alumni
Feb 20, 2020 4:48:57 PM

You only report the sale of investments on your tax returns.

 

Buying and keeping investments is not reported on your tax return, with the exception of dividends received which have to reported as income.