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So I don't have to file if my income is less than 20,000?

No... you still have to file if you are required to pay taxes.

Web turbo tax is free to file with if you make under $20,000. If you make over $20,000, then you pay to use Web Turbo Tax.

I don't know your whole situation, but if you sold the stock this year and none last year, you have to file taxes for tax year 1999. The web turbo tax is for tax year 1998. The reason I suggested it: It will allow you, for free, to get some kind of estimate of what you will pay for taxes when you file for tax year 1999. It may also tell you if you have to make estimated tax payments in 1999.

I figure since it is free to use, why not take advantage of it? You have till April 8th to use it...
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