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Level 2
February 17, 2021
Question

Robinhood Tax Document

  • February 17, 2021
  • 2 replies
  • 28 views

I just received my 1099 from Robinhood and its saying my total proceeds is 84k. I am not really sure what they mean by total proceeds, but I never saw 84k in my account at all. The most I’ve seen in my account (that includes initial investment plus capital gains) is 36k. Did Robinhood make a mistake? 

    2 replies

    Level 15
    February 17, 2021

    This is a question you will have to direct to Robinhood customer support.

     

    This MAY mean the gross revenues from stock sales and if you have multiple stock sales (using the same money over and over again), then MAYBE they might report it that way.

     

    But you really need to ask them.

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    Level 2
    February 17, 2021

    I can not upload my 1099 robinhood it give us error of 1099 tax no available for this year?

    There's different way I can upload the form?

     

    Thanks

    Sami