How do I connect my Robinhood Exchange account to CoinTracker?
Robinhood's API requires users to create their own API key pairs. To generate your API key pair, you may follow Robinhood's API guide here. To simplify this process, we've created a tool to generate a key pair for you (only available on desktop). To generate a key pair in CoinTracker, select the Generate Key Pair button above. Please note that generating a key pair here will generate it locally on your machine. CoinTracker does not store your private key.
Sign in to your Robinhood account.
Click on Account in the top-right corner, then go to Settings.
Under the Crypto section, find API Trading and select "+ Add Key".
Give your key any name.
For API permissions, enable all Read permissions. Please make sure NOT to enable the 'Place crypto orders' permission.
Copy the Public Key from your generated key pair and paste it into the Public key field in Robinhood.
Skip setting any allowed IPs or expiration date.
Confirm the creation of the API key. Robinhood will display the key.
Enter the API Key (starting with 'rh-api-') into the 'API Key' field above.
Reach out to Robinhood Support by visiting https://robinhood.com/account/help
Click Contact Support
Request a copy of your crypto_account_transfers and crypto_account_orders CSV files
Download both files
Upload one file here and select Import
After your upload is completed, select the ellipses on your newly imported Robinhood wallet and select Import transactions to import additional transactions into the same wallet
Upload the other file from Robinhood and select Import
How are Robinhood Exchange transactions taxed?
All crypto activity on Robinhood is taxable under U.S. and international law.
Capital Gains Tax
Applied when you:
Sell crypto for USD
Swap one crypto for another
Convert crypto to fiat for card use
Your capital gain or loss = sale value – cost basis.
Short-term gains (held <1 year) are taxed at regular income rates; long-term gains (held >1 year) are taxed at reduced capital gains rates.
Income Tax
Applied when you receive crypto as:
Staking rewards
Referral bonuses
Promotional rewards
CoinTracker automatically distinguishes between capital gains and crypto income, ensuring your report follows IRS and international standards.
Do I have to pay taxes on Robinhood crypto?
Yes.
All crypto disposals and income on Robinhood are taxable.
You must report:
Buys and sells of crypto
Conversions between cryptocurrencies
Crypto used to make purchases
Staking or Earn rewards
Referral or promotional rewards
CoinTracker integrates these events and tracks gains across your Robinhood and external wallets.
Does Robinhood provide tax documents?
Yes.
Robinhood issues tax forms directly through its app or web portal for eligible users:
Form 1099-B (reports capital gains/losses on crypto sales)
Form 1099-MISC (reports staking or other crypto income >$600)
You can use these forms to verify CoinTracker's calculations and include them in your overall tax return.
How to get your Robinhood crypto tax documents
Log in to your Robinhood account (web or mobile).
Go to Settings → Documents → Tax Documents.
Download your:
Form 1099-B (for crypto disposals)
Form 1099-MISC (for staking or rewards)
Consolidated Tax Report (if available)
If you'd like to track data continuously, export your crypto activity as a CSV.
Upload your files to CoinTracker → Add Account → Robinhood → Upload CSV.
When does Robinhood issue tax forms?
Robinhood typically issues tax forms by mid-February each year.
These forms cover the previous tax year (January–December).
CoinTracker uses your exported data to generate additional summaries such as:
Form 8949
Schedule D
Global CGT equivalents (HMRC, ATO, CRA)
Why aren't my Robinhood reports accurate?
Common issues include:
Only stocks/ETFs exported (crypto not included)
Partial trade data from CSVs
Transfers to or from external wallets not synced
Multiple Robinhood accounts not consolidated
CoinTracker fixes this by:
Reconciling missing transfers
Matching wallet activity
Applying historical crypto price data
Correcting cost basis gaps automatically
Does Robinhood automatically deduct taxes?
No.
Robinhood does not withhold federal or state taxes on your crypto activity.
You are responsible for paying taxes on realized gains and income.
CoinTracker calculates these automatically.
Does Robinhood report to tax authorities?
Yes.
Robinhood reports user crypto activity to the IRS (and relevant state tax agencies) using Forms 1099-B and 1099-MISC.
CoinTracker helps ensure your personal records align exactly with what was reported to tax authorities.
Does Robinhood provide financial or end-of-year statements?
Yes.
Robinhood provides:
Annual tax summaries (1099 forms)
Transaction reports
Year-end statements (for crypto, stocks, and ETFs)
These can be imported into CoinTracker for combined analysis of your crypto tax position.