We’ve provided a sample document of a Robinhood Securities 1099 to help guide you through what each category refers to. This is for informational purposes only and aimed at answering questions regarding the tax document you will receive from Robinhood. Robinhood does not provide tax advice. For specific questions, you should consult a tax professional.
Please note: Robinhood Crypto 1099s will look different and contain different info than the sample Robinhood Securities 1099 below.
- Robinhood’s address and taxpayer identification number (TIN). You will need Robinhood’s payer TIN when you file your tax return.
- Your account information, including your account ID, address, and TIN. You’ll need your account ID to import your 1099 into your tax software provider, if applicable.
- Document ID. You’ll need your document ID to import your 1099 into your tax software provider, if applicable.
- Dividends and distributions (IRS Form 1099-DIV): Includes income from any dividends or distributions from an investment during the year.
- Miscellaneous income (IRS Form 1099-MISC): Includes any miscellaneous income during the year, such as referral bonuses or manufactured income.
- Summary of proceeds (IRS Form 1099-B): “Short” term refers to investments held for one year or less. “Long” term refers to investments held for over one year.
- Proceeds: This represents the gross amount of money you received in exchange for selling positions within the year.
- Cost basis: This is your cost basis, which may be subject to corporate actions or wash sales throughout the year.
- Wash sales loss disallowed: The amount of realized losses that are subject to the IRS wash sale rule.
- Net gain or loss: Total gain or loss of all positions sold during the tax year per Form 8949 category.