Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Health Care & Insurance
Travel
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
Robinhood Taxes
- Robinhood tax Hey blinders! I have a question regarding robinhood taxes. Suppose i invested 100k in 2 stocks at robinhood with 50k each. I gain 10k in one stock and loose 10k on the other. Do I pay capital gain taxes on the 10k earned? Or does it gets nullified by the 10k loss and we see overall gain on 100k for
- Robinhood no tax documents I have had many trades in 2021 on student visa but robinhood says due to my visa status i will not receive a tax document. For 2020, i did get a document but not sure why not for 2021. Is anyone else on the same boat? I really need my tax document as its not even legal to skip this due to lack of ta
- Robinhood tax form Any idea when we can expect that ? Tc: 195k Yoe: 1 #cpa #irs #tax
- Dealing wirh Robinhood taxes Would like to buy some stocks, but 33% taxes on the gains deter me from doing that. How do you get around the substantial burden this supposes? I thought about buying the stocks via a close third party (family) who doesn't earn a salary hence would be taxed lower. Ideas? #stockmarket #taxes
- robinhood tax forms anybody know when they are releasing them? its always been around now in the year. i need to do my taxes lol#
- Robinhood Securities Tax Document My Robinhood Securities Tax Document says I had a gain of close to $60000 under Form 8949 type and Wash Sale loss disallowed close to $200k. i did not have any gains last year but because of this form i am having to pay additional taxes :( Can someone tell me what this is? i did options trading an
- Tax for Robinhood investment by non resident Hi, I opened a Robinhood account when I was in the US 3 years ago, but invested money only last year (after I returned to India). I have 2 questions: a) Do i have to file taxes in the US if I show a profit ? b) Do i have to file taxes in the US (or fulfill any other legal requirements) if I show a
- Robinhood kinda sucks for taxes I’m looking to switch over to another trading platform. What do you guys use?
- Tax for stock trading robinhood Hi all, newbie here. I started to play with stocks only last year after getting my first full time job. I only bought and sold shares. No option or contracts. Got the 1099 from robinhood. Apparently the person that my parents file with told me I need a 1099B form. I am not sure where to get that.
- Reducing taxes on capital gains through Robinhood Need advice on how to reduce Capital gains tax for buying / selling shares with Robinhood. Should I link my 401k account money to trade/sell stocks to avoid tax until a specific amount per year.?( 70 or 80 k depending on tax bracket -married with kid) I understand that by holding the stocks more th
- Import Robinhood 1099 into Credit karma Tax? Is there a better way than manually copying over and creating entries from the 1099 form in CK tax? How are you planning on filing your taxes this year? TC 144k #taxes
- Does Robinhood offer tax loss harvesting? How do you manage your losses/profits for taxes?
- Capital Gains Tax wrt trading on Robinhood I purchased 6 stocks of a company 2 years back and 4 stocks of the same company 3 months back. If I now sell 4 stocks, would they be from the first purchase thereby resulting in a lower capital gains tax? On Robinhood, when you try to sell, all stocks, irrespective of when you bought them, look al
- vote Robinhood is asking for my Tax ID If ID is shared are they going to share my portfolio with my native country? On H1B. #investments
- Didn’t receive tax documents from Robinhood so far Has everyone received tax documents from Robinhood? I haven’t received so far and there is no way to contact them. It seems pretty late right now.#irs #tax #cpa
- Tax rate of selling stocks on Robinhood Hi If I bought 40 shares of X at 5/10/2016 Then buy 20 shares of X at 8/05/2018. If today I plan to sell 10 shares of X, will my tax rate of the capital gain long term or short term capital gain tax rate? Thanks!
- Did anyone get their tax documents from robinhood? Last year they were pretty late and I just realized they still haven’t made it available yet. Was hoping to use this weekend to finish my taxes before a monthlong vacation starting next week but I have everything except for RH’s… TC 240
- vote Have you gotten your tax forms from Robinhood yet? Seriously wtf. They're late every year. How hard is it to run a batch job?
- How to report Robinhood taxes for F1 OPT? I had 40k capital gain using Robinhood portfolio in 2020. Which software/service are you F1 opt peeps using to file taxes? - tutbotax doesn't support 1040 NR - sprintax doesn't support Robinhood composite 1099 form. Any info is appreciated. Help!!! Tc- 170K.
- $HOOD is now below 15.5 $15.5/share is the price of RSUs for most people who joined Robinhood last year, any thoughts within Robinhood for this? And also wonder what is the tax burden for people with RSUs vested before IPO? As the IPO price is $38, 40% tax rate without holding would wipe out all the incomes #tech #robinh
- Wash Sale $20k I had wash sales of around 20k in 2020. While filing tax return for 2021, I was figure out if Robinhood had automatically adjusted my cost basis for those wash sales losses in 2021. Does Robinhood automatically adjust cost basis on similar stocks? Or do I have to enter it manually adjust cost basis
- Robinhood's just announced PIP is a company principle Folks are fuming because we're now officially a PIP company. Given the low stock performance, instead of laying off and giving severance, they're going to put people into PIP and fire. It was officially announced today. The reasoning? Because "good enough is just not good enough".. Stay away from t
- Overpaid at work. Made $2M outside work. AMA. This was my previous post last year: [Blind] Retired at FB till I get fired. AMA https://us.teamblind.com/s/UUPNZuKw Due to boredom at work (doing 20h/w), I traded TSLA and SQ options this year and cashed out 1.5M already and holding onto $500k more gains till next year to minimize taxes. FB TC: ~
- Crypto through Robinhood I am investing on bitcoin and ethereum. It is quite easy to buy this on Robinhood instead of having a crypto wallet. Any pros/cons? Any tax implications?
- Tax on Brokerage Account I started with Robinhood this year and have a few thousand invested. I have not sold any stocks but I have earned dividends. 1. Will I be taxed only on Dividends or also on the appreciated value of my Investment ? 2. Is this where Traditional/Roth IRA accounts are beneficial, i.e. the earnings are
- Switch Robinhood margin to IBKR I have a $500k+ Robinhood account with margin. Is there a way to move to another low interest broker without selling any stock to avoid affecting my tax position? Also Robinhood only allows for FIFO tax calculation, isn’t it? #personalfinance
- How do you pay taxes on dividends from stocks and bonds? On robinhood. Do you count the dividends from all etfs, bonds, etc in robinhood manually and report it on your tax forms every year? (Or only when you sell?) What’s the easiest way to do this in robinhood? Sorry for the newbie question. #personalfinance #investments #robinhood
- Need referral for SSE | leetcode @650+ Looking for referral Leetcode : 675 Blind tax: 300 Exp:9 #referral #apple #bytedance #coinbase #instacart #lyft #linkedin #linkedinhiring #netflixhiring #netflix #databricks #doordash #pinterest #robinhood
- Referral needed Hello fellow blinders! I’m a data scientist with 3 years of experience and master’s degree in CS. Looking for referrals at Discord, Instacart, Robinhood, and Snap. Also any insights about working for those companies are much appreciated. Blind tax: 200k Have a great week y’all! #discord #instaca
- How do you file taxes as a first time H1b? H&R block wanted $410 Last year I filed taxes on an F1 Visa and used a H&R block expert to file it for me for $88. However, I switched to H1B visa and did some trading on Robinhood. Now, i got a quote of $410 to file my taxes. Even after coupons/discounts it was around $250. I can’t use sprintax because it does not ha
- Pre-IPO employees: How do you plan to sell your shares after lockup to derisk? Since stock prices can fluctuate a lot? Also for minimizing capital gain tax? #robinhood #roblox #affirm
- vote Fidelity charges 8% annual interest while Robinhood charges 2.5% for margin account? It seems Fidelity is charging me 8% interest vs Robinhood's 2.5% So why not transfer everything to Robinhood? (ah yeah, Interactive Brokers is also about 2.5%) I called Robinhood... looks like the problem is that we cannot "transfer stock into Robinhood... only transfer out", so we have to sell at
- Transferring stocks to a friend and back Hello, I had to borrow 10k in cash from a friend. I don't want to sell my stocks since the market is down so I'm planning to transfer X stocks to his account for now. Once I get the bimonthly payments, I'll send him cash and he will return me the stocks. Questions: 1. Does Robinhood charge a trans
- vote What’s your stonks portfolio at? Share what % your fidelity/ally/robinhood dashboard shows you Blind tax: yoe 6, 230k
- vote What fintech would you join? We’ve all seen the turmoil in public market fintech valuations over last few months. Which companies (especially private) do you expect to weather the storm and thrive in this environment? Obviously some super hyped companies (e.g. Brex / Ramp / Chime), but have they grown valuations too quickly a
- App for buying stocks? Considering Robinhood. Any other apps for trading stocks on h1b with good support for tax forms/filing? Also, when signing up do you need both SSN and foreign tax Id? For context, I'm on h1b. I want to invest in ETFs. TC: 260k #personalfinance #investments
- Funding another person's robinhood for investing I've been funding my mom's robinhood account with money from my bank account. Has anyone done this and how are taxes done in this case? Who pays the taxes for the profits? #personalfinance #investments
- Tax filing for Change of Status In 2020, 9 months on F1-OPT and 3 months on L1B with around 100 trades on robinhood. Which tax filing tool do you recommend. #irs #tax #filing
- Help/advise required on tax filing in usa I have 2 state changes in 2020 and my wife worked in a 3rd state. We both did infinite number of robinhood and webull transactions and our tax statements had over 800 pages. I took help from hrblock tax pro and she sent me a bill of $600. I am trying to find is this fees normal? If someone else was
- Can person on H1B use robinhood? I got a notice to confirm tax status on robinhood. Point 2 says I need to be a US citizen or other US person. I’ve been on H1B for a few years now — technically a resident alien. I confirmed it as yes, but I’m not sure about this point 2 #robinhood #h1b #investment
- Can I transfer my RH stocks? Hi, Can I transfer my Robinhood stocks to other platform without closing the positions or I must close positions? Worried that my taxes will spike if I close the positions. Of course, the bigger worry is to keep my Robinhood account open. Thanks
- Stocks Tax How are the stocks taxed? I purchased few stocks from Robinhood, but did not sell anything yet. Do I still need to pay the tax on shares that I purchased or will I have to pay tax only on the profit earned after selling?
- Taxes on coronavirus gains Anyone a tax accountant know creative ways to offset short term capital gains tax on stocks/options? Doubled my account from the coronavirus from trading. This was done from a personal account on RobinHood, maybe next time trade using tax free account? Down to trade knowledge or compensate for a tax
- Taxes filing for investment losses I lost some money when trading in robinhood. My husband doesn’t like me trading there, so I don’t want to let him know about the losses. We file the tax jointly. Is it okay if I don’t include that loss in my tax filing?. I understand that I will not be able to carry the losses forward and have it o
- Not receiving 1099 from robinhood I’ve recently started to learn about stocks on robinhood from December 2020, did some small trades for learning purposes but didn’t make much money in 2020 so I probably won’t receive a 1099 from robinhood. In this case, how should I file my tax return for it? Been searching about this online but wo
- United states oil fund tax repercussion I hold few USO stocks and today received a tax documents from them. I have already filed tax using robinhood 1099. I haven't sold any USO stocks last year. Do I need to refile tax because USO is actually not a stock but a kind of partnership?
- vote Palantir - hold, sell or add? I got 700 shares at $9.3 in my Roth IRA and 1.1k shares at $15 in Robinhood. One is up 170% and another up 70%. I planned to hold the shares in Robinhood for a year (for tax purposes. Long term gain.) But should I sell, hold or add more to add? I'm confident that it will be $50+ someday but ~$25
- Am I a US Resident for tax purposes? I’ve been in US since 2018 on f1. just got approved for STEM OPT. Robinhood is asking me if I’m a US resident for tax purposes. Thanks
- Need Financial Advice I’m planing to make a real estate investment purchase soon worth around 22K. I don’t have 22K in cash and have less than that so I wouldn’t want to take that out. However I have a decent amount of stock in MS, Vanguard, Robinhood, and Acorn. I don’t want to sell 22K in stock though. Here is what I’
- What tax service do you use?? I used sprintax but they are taking long to generate state tax return. Also I have 1099-C from robinhood for some crypto and I don’t think sprintax has that capability. I was on F-1 till last year October and then on H1-B. Which online service to use as we are approaching deadline. TC: $170k