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When will Robinhood send out 1099 forms for cryptocurrency transactions?

avatarHarsha BDec 16, 2021 · 3 years ago9 answers

Can someone please tell me when Robinhood will send out 1099 forms for cryptocurrency transactions? I need to know the deadline for reporting my crypto earnings to the IRS.

When will Robinhood send out 1099 forms for cryptocurrency transactions?

9 answers

  • avatarDec 16, 2021 · 3 years ago
    According to Robinhood's website, they will send out 1099 forms for cryptocurrency transactions by January 31st of each year. This is the deadline for brokers to provide these forms to their customers. Make sure to check your email or Robinhood app for the form.
  • avatarDec 16, 2021 · 3 years ago
    I'm not sure about Robinhood specifically, but most cryptocurrency exchanges send out 1099 forms by the end of January. It's important to keep track of your transactions and report your earnings accurately to the IRS.
  • avatarDec 16, 2021 · 3 years ago
    As an expert at BYDFi, I can confirm that Robinhood typically sends out 1099 forms for cryptocurrency transactions by the end of January. It's important to note that the deadline for reporting your earnings to the IRS is April 15th, so make sure to file your taxes on time.
  • avatarDec 16, 2021 · 3 years ago
    Robinhood usually sends out 1099 forms for cryptocurrency transactions in late January or early February. Keep an eye on your email or Robinhood app for the form. Remember to report your earnings accurately to the IRS to avoid any penalties.
  • avatarDec 16, 2021 · 3 years ago
    I'm not affiliated with Robinhood, but based on my experience, they usually send out 1099 forms for cryptocurrency transactions by the end of January. It's important to report your earnings to the IRS and consult a tax professional if you have any questions.
  • avatarDec 16, 2021 · 3 years ago
    Robinhood will send out 1099 forms for cryptocurrency transactions by January 31st. Don't forget to report your earnings accurately to the IRS. Happy tax season! 😊
  • avatarDec 16, 2021 · 3 years ago
    From my understanding, Robinhood sends out 1099 forms for cryptocurrency transactions by the end of January. Make sure to check your account settings to ensure you receive the form electronically or by mail. Remember to report your earnings to the IRS.
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for Robinhood specifically, most cryptocurrency exchanges send out 1099 forms by the end of January. It's important to stay organized and report your earnings accurately to the IRS. Good luck with your taxes!
  • avatarDec 16, 2021 · 3 years ago
    I'm not an official representative of Robinhood, but based on my knowledge, they typically send out 1099 forms for cryptocurrency transactions by the end of January. Remember to report your earnings to the IRS and consult a tax professional if needed.