Entering 1099B. If taxable income (from a job) was less than $6300 in 2016, does the 1099B have to be reported?

[ChristinaS · Accepted solution]

Yes, if you are filing a tax return, you cannot file incomplete information. Even if your 1099-B proceeds and wages are under $6300, your refund may not be accurate without all income being reported. For instance, the Earned Income Credit could be different on account of this income. 

Leaving tax forms off of your return can also cause a delay, as the IRS' computers can sometimes detect missing forms before a refund is processed.