I withdraw money from Acorns for an exact loss of $4.06 according to the statement. Is it okay to manually insert my loss on my TurboTax rather than waiting for the form?

KevinB · ‎January 19, 2023

Anonymous_ · ‎January 19, 2023

It would be better if you waited for the tax reporting form (assuming they will issue one).

GeorgeM777 · ‎January 19, 2023

According to their website, Acorns Securities will send you a email containing a link to download your forms. You can also find the forms in your Acorns account by visiting the 'My Documents' section.

@KevinB

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KevinB · ‎January 23, 2023

Thank you. Looks like I still have to wait two-four more weeks.

KevinB · ‎January 23, 2023

Thanks

Vanessa A · ‎January 23, 2023

Yes, if you have all of the information needed to fill in the form, you can fill in the information. However, be sure you have accurate info or you will need to amend your return to correct any inaccuracies if you submit your return to be filed.

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I withdraw money from Acorns for an exact loss of $4.06 according to the statement. Is it okay to manually insert my loss on my TurboTax rather than waiting for the form?