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If I only made 260 dollars in capital gains, do I report it?

I was checking if I owe taxes and turbotax said I don't owe any taxes. I've checked other websites and they said the same thing. 

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2 Replies
bala2
New Member

If I only made 260 dollars in capital gains, do I report it?

yes you have to report any capital gain. it is important.

If I only made 260 dollars in capital gains, do I report it?

read the 1040 filing instructions to see if you have to file. starts on page 9

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

 

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