I have a 1099 b without any gains on it. The only thing on it is 25$ in box 1e or the cost or other basis box. Do I really need to file this?

[ToddL · Accepted solution]

If the 1099-B doesn't report any income (Sales Price, Box 1d = "0"), you do not need to report it on your tax return. You are only required to report income on your tax return.

It would appear, however, this 1099-B is reporting a loss on the disposition of the security. If Sales Price is blank ("0"), and cost is $25, the you have a capital loss of $25 which may reduce your taxable income.