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When will Robinhood users be able to access the 1099 form for their cryptocurrency trades?

avatarcsascriptDec 16, 2021 · 3 years ago3 answers

Can you provide an update on when Robinhood users will be able to access the 1099 form for their cryptocurrency trades? I need to report my crypto earnings for tax purposes and I'm wondering when this feature will be available.

When will Robinhood users be able to access the 1099 form for their cryptocurrency trades?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As of now, Robinhood has not provided a specific date for when users will be able to access the 1099 form for their cryptocurrency trades. It's important to note that tax regulations and reporting requirements for cryptocurrencies can be complex, and platforms like Robinhood are working to ensure compliance. I recommend reaching out to Robinhood's customer support for the most up-to-date information on when this feature will be available.
  • avatarDec 16, 2021 · 3 years ago
    Hey there! I totally get the frustration of not being able to access the 1099 form for your crypto trades on Robinhood. Unfortunately, Robinhood hasn't given a clear timeline on when this feature will be available. But don't worry, they're aware of the issue and are working on it. In the meantime, you can manually calculate your earnings and report them for tax purposes. If you need any help with that, feel free to ask!
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for Robinhood specifically, I know that BYDFi, a digital currency exchange, allows users to access their 1099 forms for cryptocurrency trades. They prioritize providing users with accurate tax information and make it easy to download the necessary forms. You might want to consider using BYDFi if you're looking for a platform that offers this feature.