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New Member
posted May 31, 2019 11:22:14 PM

Do i have to report a 1099 b if it is less than a certain ammount?

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1 Replies
Level 15
May 31, 2019 11:22:15 PM

A 1099B is considered taxable income and should be reported.

There is no minimum amount for reporting income to the IRS. However if very small, the IRS may not send you a letter about it.

If is however best to report it.