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February 2, 2023
Question

Do I need to bother with Schedule D? I only made $11 in dividends and Investment Total Short Term and Grand Total are Proceeds: $108.40, Cost Basis: $104.40.

  • February 2, 2023
  • 1 reply
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$4 profit in the forced sale of two shares. Hardly seems like it's worth paying $69 for Federal plust $39 for the State of Michigan.

1 reply

February 2, 2023

Yes, if you are filing a return, the IRS requires you to include all income from all sources. 

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