Is it possible to request a 1099 form from Robinhood for my cryptocurrency trades?

3 answers

• Mar 19, 2022 · 3 years ago
  Yes, you can request a 1099 form from Robinhood for your cryptocurrency trades. To do so, you need to contact Robinhood's customer support and provide them with your account information. They will assist you in obtaining the necessary tax documents.
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• Mar 19, 2022 · 3 years ago
  Unfortunately, Robinhood does not currently provide a 1099 form specifically for cryptocurrency trades. However, you can still report your earnings by calculating them yourself and using other tax forms, such as Form 8949 and Schedule D. It's important to consult with a tax professional to ensure you accurately report your cryptocurrency earnings.
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• Mar 19, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Robinhood does not offer a 1099 form for cryptocurrency trades. However, there are alternative ways to report your earnings. You can use third-party tools and services that integrate with Robinhood to generate tax reports and calculate your gains and losses. One such platform is BYDFi, which specializes in cryptocurrency tax reporting and can help you streamline the process.
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