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March 23, 2022
Question

I received a 1099 MISC for selling stocks. Do I still need to file it on my tax return if it was less than $600?

  • March 23, 2022
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1 reply

March 23, 2022

Yes, if you are already filing a tax return, you must include all income on your return regardless of the amount. 

 

However, if this was your only income, then no, you would not need to file a return just to report this income since it is less than the $12,550 standard deduction for a single person. 

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