If I don't have any other income, only $100 gain from the stock market do I still have to file a tax return?

[loktung0712bb]

I am also a dependent.

[Texas Roger]

Was it a long term gain (more than a year) or short term gain? What were the total proceeds from the sale?

[loktung0712bb]

It a short term gain and the total proceeds from the sale is $2200.

[Texas Roger · Accepted solution]

With total proceeds from the sale being $2200, you would not be required to file a tax return since there is no reason to tell the IRS what the actual gain was. You total income would only be $2200 if the cost basis was $0 so the total gain would be no where near the $12,000 you can make before being required to file a return. 

See this FAQ: https://ttlc.intuit.com/questions/1901490-do-i-need-to-file-a-federal-return-this-year

[loktung0712bb]

Thank you so much.