Otherwise, yes, you report, dividend income and capital gain or loss upon sale.
Here's the first lesson for taxes: Read the form 1040 instructions.
yes you would still need to report it
I'm currently taking a personal finance course. We are learning about filling out taxes and investments. It's stated that you have to report your 1099 info on your 1040 form, but if I don't work would I still have to fill out a 1040? Like if grandma goes a little crazy and gives me $1000, and I decide to invest in a mutual fund but I am currently unemployed. Would I still have to report my gains/losses? How would this work?
(this is a hypothetical scenario btw)
