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camilairion
February 18, 2021
Question

Hello, I have my 1099-B from selling stock (at robinhood). However my value is $ 0. DO I need to declare that?

  • February 18, 2021
  • 1 reply
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1 reply

D
DavidD66
February 19, 2021

It depends.  If you have transaction for which the basis is not reported to the IRS, they will consider the entire proceeds as a taxable gain (even if there was a loss on the trade).  If you have multiple transactions that net to zero, I would report them.

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