I would suggest that you do prepare a tax return.
- Investment income has multiple twists and turns
- You can do this withs a TurboTax Online account.
- You can prepare the return and then decide if you need to file it or not.
- You won't pay until you actually file.
To start a new TurboTax Return
- Go to TurboTax
- Select Start In TurboTax
- Create an ID and Password
- Start a TurboTax session
- You will need upgrades to file stock trades.
You should log into TurboTax.
- Under Federal
- Select Wages & Income
- Scroll through the drop down list to Investments and Savings1099-B, 1099-INT, 1099-DIV, Crypto Gain/Loss Report
- Select the type of investment
- Interest on 1099-INT
- Dividends on 1099-DIV
- Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
- Capital Loss Carryover
- If this is your first time using this area there will be multiple questions
- The Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) has additional options.
- On the Let's import your tax info screen, select Enter a different way
- The screen OK, let's start with one investment type will come up
- It has 5 options to choose from.
- Interest
- Dividends
- Stocks & Mutual funds
- Cryptocurrency
- Other
- These should include the "property" that you sold.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"