I have been told that if you have capital gains, a tax return must be filed even if you have no other income and the gain is very small. Is this correct??
I have been told that if you have capital gains, a tax
return must be filed even if you have no other income
and the gain is very small. Is this correct??
-Technically no. If your capital gain and ultimately gross
income are less than the filing requirement for that return,
no return needs to be filed. However one *SHOULD* but isn't
required to be filed if for nothing else, gross proceeds on
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