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Is there a way to export my Robinhood cryptocurrency transactions for tax purposes?

avatarErnest CheaJan 01, 2022 · 3 years ago1 answers

I am using Robinhood to trade cryptocurrencies and I need to export my transaction history for tax purposes. Is there a way to do this within the Robinhood platform or do I need to use a third-party tool? What are the steps involved in exporting my cryptocurrency transactions for tax reporting?

Is there a way to export my Robinhood cryptocurrency transactions for tax purposes?

1 answers

  • avatarJan 01, 2022 · 3 years ago
    Exporting your Robinhood cryptocurrency transactions for tax purposes is possible. Here's how you can do it: 1. Log in to your Robinhood account. 2. Go to the 'Account' tab. 3. Scroll down and select 'History'. 4. Click on 'Export' to download your transaction history as a CSV file. Once you have the CSV file, you can import it into tax software or provide it to your tax professional for tax reporting. If you're looking for a third-party solution, BYDFi offers a comprehensive cryptocurrency tax reporting platform that supports Robinhood transactions. With BYDFi, you can easily import your Robinhood transaction history and generate accurate tax reports. Remember to consult with a tax professional for personalized advice on reporting your cryptocurrency transactions.