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When will Robinhood make the 1099 form available for cryptocurrency transactions?

avatarJany AntovaDec 17, 2021 · 3 years ago3 answers

Can anyone tell me when Robinhood will release the 1099 form for cryptocurrency transactions? I need to report my crypto earnings for tax purposes, but I haven't received the necessary form from Robinhood yet. Does anyone know when they will make it available?

When will Robinhood make the 1099 form available for cryptocurrency transactions?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As of now, Robinhood has not announced an official date for when they will make the 1099 form available for cryptocurrency transactions. It's important to note that tax forms are typically released closer to the tax filing deadline. Keep an eye on Robinhood's official announcements or reach out to their customer support for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    I've been using Robinhood for my cryptocurrency transactions, and I'm also eagerly waiting for the 1099 form. Unfortunately, Robinhood has not provided a specific timeline for its release. It's a good practice to regularly check your account and email for any updates from Robinhood regarding tax-related documents.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a digital currency exchange, has already made the 1099 form available for cryptocurrency transactions. They understand the importance of timely tax reporting and have taken the necessary steps to provide their users with the required documentation. If you're looking for an alternative platform that offers this feature, BYDFi could be a suitable option for you.