Does Robinhood have a 1099-B tax form?

This is not possible with any other exchange service since they don’t track every transaction on your wallet. Robinhood provides you with a 1099-B tax form just like every other broker. The 1099-B form is what you need to submit to the IRS so that they can keep track of your capital gains or losses for the year.

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.

What if I received a 1099-MISC from Robinhood?

If you received Form 1099-MISC from Robinhood as part of your consolidated 1099 form, you’ll need to report that miscellaneous income. If you’re a self-employed trader, you’ll report it on Schedule C. If you’re not a self-employed trader, you’ll report it on Schedule 1, line 8j.