So, I was not are I might get K-1 forms from individual stocks or ETFs I traded through Webull or Robinhood. Can someone please explain this to me? I essentially broke even in my trading for the year and as of now expect to pay very little in capital gains taxes as a result. However, this K-1 form thing through brokerage trades has me concerned. I traded different securities fairly often in a scalp trading strategy. My question is how would I receive these K-1 forms? Do I get them through the brokerage? I have heard the deadline to receive these is by March 15th,. Is that accurate? And, how might this negatively impact my capital gains or taxes I might owe? For example if I gained on some securities I purchased and lost on others who distribute a K-1 how does that calculate? And, how do I determine securities that do this in the future?
