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.
Please note: Robinhood Crypto 1099s will look different and contain different info than the sample Robinhood Securities 1099 below.
- Robinhood’s address and your taxpayer identification number (TIN). Your TIN is used by the government to identify you and your tax forms.
- Your account information, including your account ID, address, and TIN. You’ll need your account ID to import your 1099 into TurboTax.
- Document ID. You’ll need your document ID to import your 1099 into TurboTax.
- 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, like prizes or gifts.
- Summary of proceeds (IRS Form 1099-B): “Short” refers to investments held for one year or less. “Long” refers to investments held for over one year.
- Proceeds: the amount of money you received in exchange for selling positions within the year.
- Cost basis: the original cost of an asset adjusted for any corporate actions or wash sales throughout the year.
- Wash sales loss disallowed: the amount of realized losses that violate the IRS wash sale rule.
- Net gain or loss: total gain or loss of all positions sold during the tax year.