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State tax filing
The 1099 composite from ROBINHOOD CRYPTO LLC is the root cause for large numbers of transactions that can actually be easily aggregated by a tax processor such as TurboTax.
Here is a sample excerpt:
Date Sold Date Acquired
02/09/2021 5.00 47.50 03/12/2020 18.15 0.00 29.35 Sale
02/09/2021 5.00 47.50 03/12/2020 18.14 0.00 29.36 Sale
02/09/2021 5.00 47.50 03/12/2020 18.15 0.00 29.35 Sale
02/09/2021 5.00 47.50 03/12/2020 18.14 0.00 29.36 Sale
So far, the workaround is probably to move out of NJ or find other tax software that can aggregate the transactions for NJ return gracefully.
‎April 13, 2022
7:46 PM