Robinhood tax forms: what your crypto Form 1099-DA shows, and what it does not

Which tax forms Robinhood sends

According to Robinhood’s tax documents FAQ, you get one combined PDF from Robinhood Markets with the Form 1099s for Robinhood Securities, Robinhood Crypto, Robinhood Derivatives, and Robinhood Money. Inside it:

• Crypto sales from 2025: Form 1099-DA. Robinhood says it replaces Form 1099-B for sales of digital assets made on or after January 1, 2025.
• Crypto rewards of $600 or more: Form 1099-MISC.
• Stocks, ETFs, and options: Form 1099-B, plus dividend, interest, and miscellaneous income.

Robinhood IRAs get separate documents, such as Form 1099-R and Form 5498. Robinhood says you receive no Form 1099 if you sold no stocks, crypto, ETFs, or options, received less than $10 in dividends and interest, and received less than $600 in miscellaneous income.

What the crypto 1099-DA shows about cost basis

• 2025 tax year: Robinhood reports only gross proceeds to the IRS. The cost basis on your copy is for information only, and Robinhood says it will not issue corrections for changes to it.
• 2026 tax year: Robinhood says gross proceeds and cost basis go to both the IRS and you. Under the IRS instructions for Form 1099-DA, basis is required for covered assets: generally crypto acquired after 2025 in an account with that broker.
• Crypto bought on Robinhood: Robinhood has the purchase cost and shows it.
• Crypto you moved in from another wallet or exchange: Robinhood does not have the cost, because, as it explains, that information is not sent with a crypto transfer. You can enter it in the app; those lots are then marked “customer-provided” on the form.
• Crypto rewards: Robinhood uses the market value when you received them as the cost basis.

A blank basis is not a zero cost. The record of what you paid sits with the platform or wallet where you bought the coins; see missing crypto cost basis.

Which coins Robinhood treats as sold first

Robinhood’s crypto tax FAQ says that when you sell or withdraw crypto, it closes tax lots first in, first out (FIFO), and that lots with unknown or zero cost basis, such as crypto transferred in, are closed first.

So the first sales after a transfer-in can show no basis on the form even though you hold older coins with a known cost. Compare the lots Robinhood used with your own lot records. Which lots to report, and how, is a decision for you and your preparer; see 1099-DA cost basis mismatch.

How to read the Robinhood 1099-DA

From Robinhood’s guide to the 1099-DA:

• One line per asset per day. Several sales of the same crypto on the same day are added together; the date acquired shows “Various” when a sale covers several purchases with the same term.
• Asset code. A 9-digit DTIF code; “999999999” means the crypto is not registered with the DTIF.
• Additional information. The number of transactions in the line, whether the basis is customer-provided, and how many transferred units were sold, with their transfer dates.
• Stablecoins. Sales of qualifying stablecoins are reported once their combined proceeds exceed $10,000.

Because lines are combined by day, keep the transaction history: it is what links each line on the form to individual buys and sells.

Where to find your Robinhood tax forms

• In the app: Account (person icon) → Menu → Tax center. On the web, open the Tax center directly; Robinhood suggests web classic for large documents (how to access your tax documents).
• Timing: for the 2025 tax year, Robinhood said it would email you when documents were ready, by February 17, 2026, and that crypto CSV transaction files would follow the consolidated 1099 (taxes and forms). Check the Tax center for the current year’s dates.
• Tax software import: Robinhood warns that more than 4,000 uncovered transactions, crypto for example, can exceed a provider’s import limit (importing your 1099).

What the forms do not cover

• Other platforms. Each exchange and wallet reports only its own activity.
• Self-custody wallets. The Robinhood help pages we checked describe forms for Robinhood Crypto accounts; they do not describe tax forms for the separate self-custody Robinhood Wallet app. Treat that activity like any wallet: your own exported history is the record.
• Where the coins came from. For crypto you moved in, the form cannot show the original purchase.

The IRS states that digital asset gains and losses must be reported whether or not you receive a form (IRS: understanding your Form 1099-DA).

If Robinhood does not match your software

1. Compare proceeds first. One platform, one year; see 1099-DA mismatch.
2. Look for transfers. Coins moved between your own accounts can show up as a sale on one side; see wallet transfer reconciliation.
3. Check the lot order. Robinhood closes unknown-basis lots first, your software may not; see 1099-DA cost basis mismatch.
4. Wrong details on the form? Ask Robinhood support; the IRS cannot correct a Form 1099-DA for you.

Robinhood tax forms FAQ

When a records review can help

If your Robinhood crypto came from other exchanges or wallets, or the form does not match your software, Elena’s 1099-DA reconciliation review compares the Robinhood form with your exports and wallet records and documents what explains each difference, within an agreed scope. Tax advice, return preparation, and filing are not included.

For your first inquiry, list the tax year, whether you moved crypto in or out of Robinhood, and the other exchanges or wallets involved.

This guide is general information based on Robinhood’s help pages as of October 2026. It is not tax advice.

Sources

• Robinhood Support: Crypto tax FAQ
• Robinhood Support: How to read your 1099-DA
• Robinhood Support: Taxes and forms
• Robinhood Support: Tax documents FAQ
• Robinhood Support: How to access your tax documents
• Robinhood Support: How to import your 1099
• IRS: Understanding your Form 1099-DA
• IRS: Instructions for Form 1099-DA

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