Skip to main content
May 12, 2021
Question

Do I have to report a stock that was given to me and I sold it for $8.80 on Robonhood? I never received a 1099 B form for this stock. What do I do?

  • May 12, 2021
  • 3 replies
  • 0 views
In 20/20 I bought one more stock. I bought 3 shares of AUX at $1.65 and sold them in 2021. Again I didn't receive a 1099 B form, what do I do?

3 replies

May 12, 2021

Yes, enter it on your income tax return, if you're required to file a tax return. Enter your stock as an investment sale. See Where do I enter investment sales?

 

Additional information: Do I need to file a federal return this year?

 

You may be able to prepare your income tax return using the IRS Free File Program delivered by TurboTax . It's geared towards lower-income filers, regardless of tax return complexity, and is only offered through the IRS Free File Alliance (FFA) program. No upgrades are available.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
rjs
Employee
May 12, 2021

You have to report every stock sale.


I don't think Robinhood mails 1099-B or other tax forms. You have to access them on the Robinhood web site. See the following on the Robinhood support site.


How to access your tax documents


You may be able to import your 1099-B from Robinhood directly into TurboTax. See the following on the Robinhood support site.


How to upload your 1099 to TurboTax

 

rjs
Employee
May 12, 2021

The tag below your question indicates that you are using TurboTax Free Edition. You cannot report stock sales in Free Edition. You will have to upgrade to Premier, or use any edition of the CD/Download TurboTax software.