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The IRS requires you to report all your income.
Having said that, if you don't report the 1099-B, the IRS may send you a notice of Proposed Increase in Taxes later this year.
They will calculate the tax due (plus interest and penalties) and you can send them a check (no amended return necessary). On $19, the interest and penalties might total $2 to $4 at the most.
The IRS requires you to report all your income.
Having said that, if you don't report the 1099-B, the IRS may send you a notice of Proposed Increase in Taxes later this year.
They will calculate the tax due (plus interest and penalties) and you can send them a check (no amended return necessary). On $19, the interest and penalties might total $2 to $4 at the most.
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