Lost money in stock market---only lost 376 do i need to report it

wmfarrah · ‎June 4, 2019

i lost only $376 on e-trade do i need to report it

TomD8 · ‎June 4, 2019

Yes, you should report it. The IRS gets a copy of the 1099-B that you will receive from your broker, and their computers will look for a matching entry on your tax return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

View solution in original post

TomD8 · ‎June 4, 2019

Yes, you should report it. The IRS gets a copy of the 1099-B that you will receive from your broker, and their computers will look for a matching entry on your tax return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

Expert does your taxes

Do it yourself

Resources

Support

Lost money in stock market---only lost 376 do i need to report it