Is there a way to request a W2 form from Robinhood specifically for my crypto profits?

3 answers

• Nov 29, 2021 · 3 years ago
  Yes, you can request a W2 form from Robinhood for your crypto profits. To do so, you will need to contact their customer support team and provide them with the necessary details. They will guide you through the process and assist you in obtaining the form. It's important to keep track of your crypto profits for tax purposes, and requesting a W2 form is a step in the right direction.
  385193
• Nov 29, 2021 · 3 years ago
  Unfortunately, Robinhood does not provide W2 forms specifically for crypto profits. However, you can still report your crypto earnings by using other tax forms, such as Form 1099-K or Form 8949. These forms allow you to report your cryptocurrency transactions and calculate your gains or losses. It's recommended to consult a tax professional or use tax software to ensure accurate reporting of your crypto profits.
  415139
• Nov 29, 2021 · 3 years ago
  While Robinhood does not offer a W2 form specifically for crypto profits, there are other ways to report your earnings. One option is to use tax software like BYDFi, which specializes in cryptocurrency tax reporting. BYDFi can help you calculate your gains or losses, generate the necessary tax forms, and ensure compliance with tax regulations. It's important to accurately report your crypto profits to avoid any potential legal issues.
  438110