I bought stock in 2018, do i need to add this as income? if i need to enter this someplace where would that be?

[JulieCo · Accepted solution]

If you only purchased stock during 2018, you do not have to report anything on your tax return.  When you sell stock, then you will have to report the capital gains and losses on the stock transactions.  These will be reported in the Stocks, Mutual funds, Bonds and Other section.  Typically, you will receive a 1099-B form from your financial institution reporting the gains and losses of the stock sales, plus any dividends received during the year.  The 1099-B information would be entered in the following steps below:

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[terrannie60]

Thank You ! Very helpful