I am an American disabled person and my only income is from disability payments, which are well below the poverty level. As such, I do not file any tax returns.
Many years ago, I bought about 3 shares of FDX stock as part of a promotion. It is the only stock I own. Since purchasing that stock, I have never bought or sold any equities.
Given that the interest/divendends from that stock have always been below $10/year, I have never received any tax forms for that stock, and therefore I have never had to file a tax return.
But as the value of that stock has increased, and dividends have been reinvested in the stock (I now own 3.1 shares), I am concerned that my interest/dividends might exceed $10/year. This will generate a Form 1099 of some sort, and force me to file a tax return.
Filing a tax return would be very stressful for me, and my illness is exacerbated by stress.
Is there anything I can do (legally), such as give away some or all of my stock, so that I won't have to file a tax return?