topic In 2022 I deposited $90 into a stock app, Received $5 in bonuses, $0.01 in dividends, and $2 for mini class. I earned $10 total but mostly lost. Do I need to file? in State tax filing

In 2022 I deposited $90 into a stock app, Received $5 in bonuses, $0.01 in dividends, and $2 for mini class. I earned $10 total but mostly lost. Do I need to file?

lior-bshalom — Mon, 23 Feb 2026 09:57:57 GMT

In 2022 I only added money. This month I took out the remaining funds of $48. I signed up with no specific goal just to try and see what exactly the market is, hence the small amounts. Thanks!

Re: In 2022 I deposited $90 into a stock app, Received $5 in bonuses, $0.01 in dividends, and $2 ...

JamesG1 — Sun, 29 Jan 2023 18:16:51 GMT

If you constructively received the income in 2022, the IRS says that the income should be taxed on the 2022 Federal 1040 tax return.

Likewise, if you invested $90 and withdrew $48, you may be able to report a loss on your investment.

Given the small amounts, the stock app may or may not provide a report or tax reporting documents.

Re: In 2022 I deposited $90 into a stock app, Received $5 in bonuses, $0.01 in dividends, and $2 ...

lior-bshalom — Sun, 29 Jan 2023 20:30:41 GMT

Thank you!