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Am I required to file a 1099 if im a single college student that is dependent? I had no income from work, but traded cryptocurrency and stocks?Is this income included?
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Yes. A person who can be claimed as a dependent, has a very low filing threshold. If your trading resulted in more than $1050 of income, you must file.
Even if you had less than $1050 of net income, you may want to file anyway, if the 1099s are for large amounts, to ward off an IRS inquiry.
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