When will my Robinhood 1099 be available?

It’ll include all your Form 1099s for Robinhood Securities, Robinhood Crypto, and Robinhood Money, as applicable. For Robinhood Retirement, if applicable, your Form 1099-R will be available by January 31, 2023 and your Form 5498 will be available by May 31, 2023.

What happened to Robinhood's tax forms in 2021?

However, Robinhood users were hit by tax form delays in 2021, which resulted in many complaints on social media. The broker blamed the problem on special processing requirements and an issue with a vendor. The IRS granted it a 30-day extension to get the forms sent to customers.

Do I get a tax document for a Robinhood IRA?

If you have a Robinhood IRA, you’ll get separate tax documents for any reportable events, such as the Form 1099-R and Form 5498. If any necessary corrections are applicable to any of your Robinhood 1099s or other related tax forms, you may get a corrected Form 1099. Why didn’t I receive a tax document?

Is Robinhood a good investment?

Robinhood is very attractive to new and young investors because you can buy fractional shares. Instead of buying a full share of a stock for $1,000, you can get one-tenth of the stock for $100. But if you sell a piece of your share and take home a profit, you'll have to pay taxes on that money earned.