filing 1099 for online stock investment Hello I recently did STASH, an online investment for simple stocks and investments. If i am a dependent under my family, and I have to file a 1099 form. does that affect me and my family? If invest 30 dollars. and it gained lets say for example sake, 5 dollars. and by the end of the year and when i file taxes, I have to file the 35? and if I lost money but it went down to 25. I still file for such small amount? I am unclear of the procedure here and was told on the website that I have to file a 1099 form when they present that to me in february 2016. Can some one enlighten me on the full procedure.
Thanks for your time. Any help is appreciated. I am very new to this. |