Robinhood Crypto Taxes 2026 – 1099-DA, Reporting & Complete Guide
Robinhood made crypto accessible to millions of first-time investors — and a lot of those people have never thought about crypto taxes. Here's what you need to know: Robinhood now sends Form 1099-DA directly to the IRS. Your trades are already on their radar.
How Robinhood Reports Your Crypto to the IRS
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Start for free →- Starting with tax year 2025: Robinhood issues Form 1099-DA
- Sent to you AND to the IRS by January 31 — both copies go out
- Reports gross proceeds from every crypto sale
- The IRS will cross-reference this against your filed tax return
How to Download Your Robinhood Tax Documents
- Robinhood app → Account → Tax Documents
- Select the tax year
- Download: 1099-DA PDF, Transaction CSV, or TurboTax import file
- Also available at taxes.robinhood.com
What's Taxable on Robinhood
- Selling crypto for USD: Capital gain/loss
- Crypto-to-crypto swaps (Robinhood Wallet): Taxable exchange
- Crypto rewards from Robinhood: Ordinary income
Robinhood Wallet: Extra Steps Needed
- Robinhood Wallet (non-custodial) transactions are NOT in your main 1099-DA
- DEX swaps through Robinhood Wallet must be tracked separately
- Export wallet history via Etherscan or use CoinTaxReporting
Common Questions
- I just held crypto — do I owe taxes? No. Holding does nothing to your taxes.
- My Robinhood crypto lost money — can I claim a loss? Yes. Capital losses offset your gains, and up to $3,000 per year can offset ordinary income too.
- I got free crypto from Robinhood — is it taxable? Yes — ordinary income at fair market value the day you received it.
- I transferred crypto out of Robinhood — is that taxable? No. Transfers between your own wallets and accounts are not taxable events.
Related Resources
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Start for free →Disclaimer: This article is for general informational purposes only and does not constitute tax advice. For individual tax advice, consult a licensed tax professional.