Finding your reports and statements | Robinhood (2024)

FAQs

Finding your reports and statements | Robinhood? ›

You can access custom account activity reports and monthly account statements within your Robinhood account settings. Check out How to access your tax documents to find your annual tax forms in the tax center.

Sometimes the reports take 2 hours to generate, but may take up to 24 hours. Robinhood will notify you when it's ready to download in Reports.

You may get a message about “not enough shares'' if you already have an outstanding pending order for the shares you want to sell with a new order. If you get this message, you'll need to cancel any outstanding orders before you can sell the shares.

Displays summary of Robinhood trades. This report shows profit and loss of each stock you traded. It includes Stocks, Options, Dividends, Stock/Option Fee, Margin Interest and Subscription Fee.

How long does it take to withdraw money from Robinhood? It takes 2-5 business days to withdraw money from Robinhood via bank account transfer. Bank account transfers are slow but free. Robinhood also offers the option to transfer via debit card which takes between 30 and 60 minutes but will cost a 1.5% fee.

Open an individual account

Keep in mind, it may take 5-7 days to review the materials and open your account. While submitting an application, you can queue a deposit before your account is approved.

Your funds still need to be cleared for withdrawal. There may be a waiting period for recent deposits or bonuses. How to maximize your Robinhood Portfolio? While you navigate the regulatory waters, it is also important to strategize about growing your Robinhood Portfolio.

If you're flagged as a pattern day trader, you must have $25,000 in portfolio value (minus any crypto positions) before you can continue day trading. Robinhood Securities, LLC (RHS) may also impose additional requirements and certain customers may not be eligible to use margin based on RHS internal guidelines.

Do you actually own the stock on Robinhood? Investors do own the shares of stocks and ETFs purchased on the Robinhood platform. This is the same type of stock ownership you get when you purchase stocks through most other brokerage companies.

How much does Robinhood tax when you withdraw? ›

Withdrawals with Instant bank transfer: Instant bank withdrawals have up to a 1.75% fee deducted from the requested amount at the time of each withdrawal.

If your spending account has any remaining balance available when it's closed, we'll do one of the following with it: Automatically transfer it to your individual investing account. If you don't have an individual investing account, we'll transfer it to the bank account linked to your spending account.

If you fail to report your Robinhood tax information, the IRS might assume that all of the proceeds from the transactions are gains and tax you on that total amount. This would leave you with a staggering tax bill.

Robinhood is best for active traders who place commission-free trades in stocks, options, ETFs, and cryptocurrencies. The brokerage account has no minimum size requirements for most of its investments, but you'll have to make minimum opening deposits for its fractional shares and margin trading offerings.

Currently, gross proceeds shown in the Robinhood Crypto 1099-B and rewards shown in the Robinhood Crypto 1099-MISC (if greater than $600) are reported to the IRS.

You can access custom account activity reports and monthly account statements within your Robinhood account settings. Check out How to access your tax documents to find your annual tax forms in the tax center.

To retrieve your tax documents and other information from Robinhood after closing your account, tap the Account icon (the person), tap Statements, and then choose a document.