Robinhood Taxes Explained How To File Robinhood Taxes On TurboTax
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π UPDATED Robinhood Taxes Video: • Robinhood Taxes Explained | 5 Things ... • π΅ In today's Robinhood app tutorial we're breaking down how to know if you owe taxes on Robinhood and where you can find your Robinhood tax documents. We'll also be discussing how to file Robinhood taxes on TurboTax as well as what tax forms you need to provide your tax professional. π½π½π½ • π Full Robinhood App Review: • Robinhood App Review - The Robinhood... • πΉ More Robinhood Tutorials: / everydayinvesting • π° Best Investing Apps Today: / everydayinvesting • π Free Robinhood Stock Sign-Up Bonus: https://investingapps.com • π¨ More Free Stock Sign-Up Bonuses: https://investingapps.com • π My Easy Investing Courses: https://investingapps.com/academy • =================== • βοΈ Video Timestamps: • 0:00 - Intro • 0:47 - Do You Owe Taxes? • 3:05 - Getting Your Tax Forms • 5:48 - Using TurboTax Explained • 4:43 - Earning Cashback • 7:24 - More Tax Forms • =================== • βοΈ Robinhood Taxes Recap: • You will receive a 1099 tax form from Robinhood every year • You may owe taxes on your Robinhood investments if: • 1) You made any profits from buying and selling stocks on Robinhood • 2) Your Robinhood portfolio paid you any dividends • 3) You made any interest income from your Robinhood portfolio • You may also be able to deduct capital losses on your taxes • Download your 1099 tax form as a PDF file • You can import your Robinhood tax info straight into TurboTax • =================== • β INVESTING DISCLAIMER: This video, and YouTube channel, are educational and NOT financial or investing advice. I am not an investing professional nor do I offer suggestions on individual stocks. I share my opinions and experience on investing apps and platforms. Please invest at your own discretion. • =================== • πΈ Best Investing App Sign-Up Bonuses: https://investingapps.com/bonuses • =================== • π¨ All My Investing App Reviews: / everydayinvesting • =================== • π My Favorite Investing Books For Beginners: https://investingapps.com/books • =================== • Thanks for watching today's Robinhood taxes tutorial on what to do with your Robinhood app tax documents. If you enjoyed this video please consider subscribing for more investing app reviews, tutorials, and comparisons. • =================== • π‘ Connect with Everyday Investing on Social Media @ https://investingapps.com • π Official Websites: • https://EverydayInvesting.com • https://investingapps.com • =================== • πΈ -- VIDEO GEAR I USE TO FILM EDIT YOUTUBE VIDEOS -- • π My Computer Monitor: https://investingapps.com/computer-mo... • πΉ My Filming Camera: https://investingapps.com/video-camera • π All My YouTube Gear: https://investingapps.com/youtube-gear • =================== • πΌ For business inquiries please reach me here: • β https://www.everydayinvesting.com/par... • =================== • About this video: • In this Robinhood tutorial, Erik from Everyday Investing goes over your Robinhood app taxes. He covers how to know if you owe taxes on your Robinhood investments as well as the typical tax forms you will receive from Robinhood. • Sponsorship Disclaimer: • Today's video is not sponsored and all the opinions expressed in this video are from my own thoughts and experience. • **Affiliate Disclosure: • This video and description contain affiliate links. As an Amazon Associate and an affiliate of other companies, I earn fees from qualifying purchases and referral commissions from qualifying leads and registrations. • If you have any questions about Robinhood taxes or the Robinhood app in general, feel free to let me know in the comments below! • #EverydayInvesting #RobinhoodForBeginners #RobinhoodApp
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