taxes thread!
I have a question, I only made about 33 bucks by selling stocks this year, the rest was via unqualified dividends. but all the tax software to file sales of stocks is like 60 bucks. How bad will I get fucked if I don't claim my dumbass 33 bucks this year as short term capital gains?
Pic unrelated
>>1811757
The IRS recieves a copy of your 1099 from your broker no matter what. They'll know if you don't report, and you COULD be penalized ( although you probably won't as it's your first time ) and will more than likely get audited.
If it's small gains because you made few trades, just learn to do it yourself, otherwise buy the software and learn your lesson that the stock market isn't a fucking game.
>>1811773
Ok cool. I kinda figured that. I'm just gonna eat the cost this year and learn to do it myself for next year. I've actually made enough money this last month from selling to pay it off anyways but I was just curious what happens. Thanks.