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What are the important dates to remember for Robinhood 1099 tax reporting in 2024?

avatarSasiru JayawardanaNov 24, 2021 · 3 years ago1 answers

Can you provide a detailed description of the important dates to remember for Robinhood 1099 tax reporting in 2024? I would like to know the specific deadlines and requirements for reporting taxes related to Robinhood transactions.

What are the important dates to remember for Robinhood 1099 tax reporting in 2024?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    As an expert in the field, I can tell you that for Robinhood 1099 tax reporting in 2024, you need to be aware of a few important dates. First, Robinhood is required to provide you with your 1099 tax form by January 31st, 2024. This form will summarize your taxable transactions on the platform. Second, the deadline for filing your taxes is typically April 15th, but it's always a good idea to double-check with the IRS or a tax professional for any updates or changes. Lastly, make sure to report all your Robinhood transactions accurately to avoid any potential issues with the IRS. Remember, it's better to be safe than sorry when it comes to taxes!