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mdental12
New Member

Is there a certain amount we have to claim for a person gain

 
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Is there a certain amount we have to claim for a person gain

You must report any income that is more than 49 cents. You will need whatever form the investment holder reported the gain to you on.

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4 Replies

Is there a certain amount we have to claim for a person gain

Please explain what you mean by that? What is a "person gain"?
mdental12
New Member

Is there a certain amount we have to claim for a person gain

I meant to say personal gain, we cashed a disbursement from our investments and our gain was in the amount of 283.14
mdental12
New Member

Is there a certain amount we have to claim for a person gain

will I need a 1099 to complete my tax return

Is there a certain amount we have to claim for a person gain

You must report any income that is more than 49 cents. You will need whatever form the investment holder reported the gain to you on.

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