topic Do i need to file? in Get your taxes done using TurboTax

Do i need to file?

Manny18 — Tue, 24 Feb 2026 05:52:48 GMT

I traded stocks last year and had a net loss of 4k. do i need to file?

Re: Do i need to file?

ee-ea — Thu, 06 Apr 2023 21:40:35 GMT

Yes, you will be able to net tat loss with future profits.

Re: Do i need to file?

Manny18 — Thu, 06 Apr 2023 21:42:40 GMT

Ok, thank you

Re: Do i need to file?

Vanessa A — Thu, 06 Apr 2023 21:51:27 GMT

Yes, you must report all stock sales so you can show the loss. Otherwise, the IRS received a 1099-B for you but they don't necessarily have your basis or anything else so they do not know it is a loss.

Also, if you have other reportable income, you must include any and all income on your return. Then you must show the loss on your return.