How does Robinhood handle 1099-INT forms for cryptocurrency earnings?

3 answers

• Aroob ShahzadOct 27, 2021 · 5 years ago
  Robinhood does not currently provide 1099-INT forms for cryptocurrency earnings. As of now, they only provide 1099-B forms for reporting cryptocurrency transactions. It's important to consult with a tax professional to understand how to report your cryptocurrency earnings properly.
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• Tomoko LaraMar 15, 2022 · 4 years ago
  When it comes to 1099-INT forms for cryptocurrency earnings, Robinhood does not handle them directly. However, you can export your transaction history from Robinhood and use it to calculate your earnings for tax purposes. Make sure to consult with a tax professional for accurate reporting.
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• Andrew BelyaevSep 18, 2022 · 4 years ago
  As a representative of BYDFi, I can tell you that BYDFi does not handle 1099-INT forms for cryptocurrency earnings either. Similar to Robinhood, BYDFi provides 1099-B forms for reporting cryptocurrency transactions. It's always recommended to seek professional tax advice when dealing with cryptocurrency earnings.
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