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Does Robinhood 1099 includes selling cryptocurrency?

I have some cryptocurrency that I bought on Robinhood. If I sell that cryptocurrency, will that shown in 1099 form or do I need to report that manually somehow? 

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1 Reply
JamesG1
Expert Alumni

Does Robinhood 1099 includes selling cryptocurrency?

This websites states that Robinhood will prepare a 1099-B for cryptocurrency transactions.

 

Depending upon the format of the 1099-B, you may use TurboTax Premier version or higher to upload a file, import a file or type in a 1099-b. 

 

In TurboTax Premier Online, follow these directions. 

  • Down the left side of the screen, click Federal.
  • At the top of the screen, click Wages & income.
  • Under Your income, click the Show more button to the right of Investment income.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
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