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New Member
posted May 11, 2021 2:44:40 PM

My Robinhood tax document doesn't show a stock sale for 2020. How do I show the gain?

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1 Replies
Employee Tax Expert
May 11, 2021 4:07:50 PM

You should have a 1099-B from Robinhood for any stocks sold during the year.  These amounts are reported to the IRS and matched to what you report on your personal tax return.

 

Please see the link below for instructions from Robinhood on how to access your tax documents.

 

Accessing tax documents from Robinhood

 

Once you obtain your 1099-B, you will report your stock sales as either long-term or short-term capital gains.

 

You will enter the information in the federal interview section. 

  1. Select Income & Expenses 
  2. Scroll down through all income until you see Investment income 
  3. Select Stocks, Mutual Funds, Bonds, Other 
  4. Select Add more sales 
  5. Answer the questions on each screen until you see Let's get your tax info 
  6. Type in your brokerage and you will see the import screen

See the following link for additional support from TurboTax.

 

How do I Import my 1099