How to Upload Your Form 1099 to TurboTax
We’re excited to support Intuit TurboTax this tax season. You can use TurboTax Premier to import your trade history directly into their software.
You can claim a discount of up to $20 and begin filing by following this link: http://turbotax.intuit.com/affiliate/robinh2.*
Depending on the dates of your trading activity last year, you may receive more than one Form 1099 from Robinhood. If you traded cryptocurrencies last year, you may also receive an additional Form 1099 from Robinhood Crypto, LLC. Here is how to know which forms you will receive:
Apex IRS Form 1099: If you had a taxable event (for example, you sold equities or options, received a referral stock, or received dividends) last year from our former clearing partner, Apex Clearing Corp (“Apex”), you will receive a Form 1099.
Robinhood Securities IRS Form 1099: If you had a taxable event last year, you will receive a Form 1099 from Robinhood Securities, LLC, our in-house clearing platform.
Robinhood Crypto IRS Form 1099: If you sold cryptocurrencies last year, you will receive separate PDF and CSV files of your Form 1099 from Robinhood Crypto, LLC for crypto activity in 2020.
Corrected Forms: If you received an updated or amended Form 1099 tax document, please make sure that you’ve filed your taxes in accordance with this updated information.This may require re-filing your taxes.
Please update to the latest version of the app for 2020 tax season. We made changes to the app to improve the tax experience and we don’t want you to miss out on them.
The best way to see which entity issued your tax documents is to check the top, left corner on the first page of your tax document.
Apex IRS Form 1099: This form will say Apex Clearing in the top, left corner of the first page.
Robinhood Securities IRS Form 1099: This form will say Robinhood Securities LLC in the top, left corner of the first page.
Robinhood Crypto IRS Form 1099: This form will say Robinhood Crypto LLC in the top, left corner of the first page, and the first page will be mostly blank.
The import experience will be slightly different for each type of 1099, mentioned in the above article. We will take you step-by-step for each tax document type here.
Apex Clearing Form 1099
Robinhood Securities Form 1099
Robinhood Crypto Form 1099
TurboTax supports Robinhood customers with extensive trading history, however, if you made 1,500 or more equity and options trades or 2,250 or more cryptocurrency trades in the filing year, you may experience difficulty uploading your tax forms directly into TurboTax. You can upload your transaction history by following their instructions here.
You can claim a discount of up to $20 and begin filing by following this link: http://turbotax.intuit.com/affiliate/robinh2.*
*Robinhood customers must redeem this offer at http://turbotax.intuit.com/affiliate/robinh2 to receive a discount of up to $20 for TurboTax federal products. This offer is available to Robinhood customers filing 2020 tax returns through the TurboTax Affiliate Program and cannot be combined with any other discount or offer. The offer is subject to all TurboTax offer terms and conditions and is subject to change without notice.