What should I do if I didn't receive a 1099-B from Robinhood for my cryptocurrency trades?

3 answers

• May 02, 2022 · 3 years ago
  If you didn't receive a 1099-B form from Robinhood for your cryptocurrency trades, you should still report your trades on your tax return. The absence of a 1099-B form does not exempt you from reporting your income. You can gather the necessary information by reviewing your transaction history on Robinhood and calculating your gains and losses. It's important to keep accurate records of your trades and consult with a tax professional if you need assistance with reporting your cryptocurrency trades without a 1099-B form.
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• May 02, 2022 · 3 years ago
  Don't panic if you didn't receive a 1099-B form from Robinhood for your cryptocurrency trades. You can still report your trades on your tax return. Make sure to gather all the necessary information, such as the dates of your trades, the cost basis, and the proceeds. You can find this information by reviewing your transaction history on Robinhood. If you're unsure about how to report your cryptocurrency trades without a 1099-B form, consider consulting with a tax professional to ensure you comply with the tax regulations.
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• May 02, 2022 · 3 years ago
  If you didn't receive a 1099-B form from Robinhood for your cryptocurrency trades, you can still report your trades on your tax return. However, it's important to note that the absence of a 1099-B form may trigger an audit from the IRS. To avoid any potential issues, make sure to keep accurate records of your trades, including the dates, cost basis, and proceeds. If you're unsure about how to report your cryptocurrency trades without a 1099-B form, consider consulting with a tax professional who specializes in cryptocurrency taxation.
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