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Is there a way to download a 1099-B form from Robinhood for my virtual currency transactions?

avatarMichael WaveNov 23, 2021 · 3 years ago3 answers

I am wondering if there is a method to download a 1099-B form from Robinhood specifically for my virtual currency transactions. I want to ensure that I have the necessary documentation for tax purposes. Can anyone provide guidance on how to obtain this form?

Is there a way to download a 1099-B form from Robinhood for my virtual currency transactions?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, you can download a 1099-B form from Robinhood for your virtual currency transactions. To do this, log in to your Robinhood account and navigate to the tax documents section. From there, you should be able to find and download the form. Make sure to consult with a tax professional for any specific instructions related to virtual currency transactions on your tax return.
  • avatarNov 23, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently offer the option to download a 1099-B form specifically for virtual currency transactions. However, you can still report your virtual currency transactions on your tax return using other documentation, such as transaction history and trade confirmations. It's always a good idea to consult with a tax professional to ensure you are accurately reporting your virtual currency transactions.
  • avatarNov 23, 2021 · 3 years ago
    As an expert in the field, I can confirm that BYDFi does offer the option to download a 1099-B form for virtual currency transactions. Simply log in to your BYDFi account, go to the tax documents section, and you should be able to find the form there. Remember to consult with a tax professional for any specific instructions related to virtual currency transactions on your tax return.