topic Stock in Investors & landlords

Stock

Techguy9456 — Mon, 09 Mar 2026 05:45:57 GMT

So i got a 1099 for “selling stock” on robinhood apparently. I deleted my account and i had to sell it to delete it but they say I have a file it in my taxes but it was under $600. I only made $29 on it. So do I need to file it?

Re: Stock

Mike9241 — Fri, 18 Feb 2022 04:26:04 GMT

you're supposed to but the final choice is yours. even though proceeds are under $600 Robinhood may still submit the 1099B to the IRS

Re: Stock

Carl — Fri, 18 Feb 2022 15:38:24 GMT

but it was under $600.

That doesn't negate your requirement to report it. The $600 limit is for the 1099. A 1099 is not required to be issued for amounts under $600. But that doesn't mean one can't be issued. Even if not issued, you'd still be required to report it, even if the gain was only $1.(Assuming you have other sources of income that makes your total income exceed your standard deduction)