uraa01 asked in Business & FinanceInvesting · 1 decade ago

Do you have to claim your stocks on your taxes?

6 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Assuming you live in the U S, you do not have to report them until you sell them for federal tax purposes. At that time you must report your gains and losses. Some states have an intangibles tax of which stock holdings must be included.

  • 1 decade ago

    Generally, you pay taxes on stocks when a taxabkle event occurs. This is generally becuase of dividends and capital gains.

    At the end of the year, your broker should give you a 1099 which describes the taxes payble on your investments. The actual sale of securities should be reported on Schedule D of your Form 1040.

    You only claim your stocks when you sell them, and even then you do not have to specifically tell them what it is, a general discription would do.

  • 1 decade ago

    If you sell any stock you have to file for any realized gain or loss.

  • 1 decade ago

    you claim dividends & sales (if any) of stocks. You do not cliam your currently held stocks.

    Source(s): degree in finance + 27 yrs investing
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  • 1 decade ago

    if you have made a profit or loss you must claim it

    Source(s): tax accountant
  • Anonymous
    1 decade ago

    Just your dividends.

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