LogFAQs > #950026342

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Topic	Stock Market General #8
PatrickMahomes 01/28/21 4:49:59 PM #386:	Idk if anyone knows this but I only profited like $50 from all this. I have yet to cash out anything and still have a few hundred in the portfolio on RH. Is there tax that has to be paid on that $50 if I cash out? Or is there like a profit minimum threshold where you don't actually get taxed? --- NFLB 2020 Summersim Roster mk. 1 (12-4): https://imgur.com/4Pvr5rT NFLB 2020 Summersim Roster mk. 2 (11-5) (ELIMINATED): https://imgur.com/BBhN2z3 <cite>PatrickMahomes posted [p:950026342] in Stock Mark... [t:79264805]...</cite> <quote>Idk if anyone knows this but I only profited like $50 from all this. I have yet to cash out anything and still have a few hundred in the portfolio on RH. Is there tax that has to be paid on that $50 if I cash out? Or is there like a profit minimum threshold where you don't actually get taxed? --- NFLB 2020 Summersim Roster mk. 1 (12-4): https://imgur.com/4Pvr5rT NFLB 2020 Summersim Roster mk. 2 (11-5) (ELIMINATED): https://imgur.com/BBhN2z3</quote> ... Copied to Clipboard!
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