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Does Robinhood offer a 1099 tax form?

It’ll include forms for Robinhood Securities, Robinhood Crypto, and Robinhood Money, as applicable. 1099 tax forms for Robinhood Markets Inc. will also be displayed using an aggregated format based on key tax lot criteria. Form 1099-R and 5498 aren't included in this PDF and we’ll provide them separately.

How will my Robinhood consolidated 1099s be displayed?

For this tax year, your Consolidated 1099s for Robinhood Securities, Robinhood Crypto, and Robinhood Money will be combined into a single PDF from Robinhood Markets, Inc. 1099 tax forms for Robinhood Markets Inc. will also be displayed using an aggregated format based on key tax lot criteria.

Do I need a tax form for Robinhood?

If you use Robinhood for both crypto and securities, you’ll receive tax forms for both accounts in a single PDF starting in 2023. This is a change from previous years. To get an idea of how much you'll owe on crypto transactions, check out Keeper's free cryptocurrency tax calculator. What forms do you need for your Robinhood taxes?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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