Never received my 1099-DIV from Robinhood despite $40 in dividends

The reason you didn't receive a 1099-DIV is because brokerages are only required to issue them if you received $10 or more in dividends from a specific company or fund. However, even though you didn't receive a form, you're still required to report all dividend income on your tax return. Since you only earned $40 total in dividends, it's possible none of your individual holdings paid more than $10, which would explain why no 1099-DIV was issued. Alternatively, Robinhood might have issued it electronically in your account rather than mailing it. You have a few options: First, try logging into your Robinhood account and check the tax documents section - the form might be there waiting for download. Second, check if TurboTax can directly import from Robinhood this year (many brokerages have this capability). Third, you can manually enter the dividend income on Schedule B of your tax return - you should be able to find the exact amounts in your Robinhood account statements.

After spending hours trying to find my tax documents from different investment platforms this year, I discovered taxr.ai (https://taxr.ai) and it's been a lifesaver! I was in a similar situation with missing documents from one of my accounts, and this tool helped me sort through everything. It can extract and organize all your tax information from various sources, including your Robinhood statements if you can't get the actual 1099-DIV. The coolest part is that it can analyze your monthly/quarterly statements and identify the dividend payments you received, even without the official tax form. You just upload your documents and it pulls out all the relevant tax information. Saved me so much time trying to manually calculate everything!

Guys, I tried the taxr.ai thing from above and it actually worked for my Robinhood situation! I was skeptical at first but decided to try it since I was hitting a wall with Robinhood's customer service. I uploaded my monthly statements (which I found in the Robinhood app under Documents), and the tool identified all my dividend payments by company, date and amount. It even broke down which ones were qualified vs non-qualified dividends which I had no clue about before. It generated a report I could use for my taxes with all the totals I needed. Ended up being WAY faster than waiting for Robinhood to respond to another support ticket. Just wanted to update since I was in the exact same situation as the original post with that missing 1099-DIV!

If you're still having issues with Robinhood's customer service (which honestly is terrible), I'd recommend trying Claimyr (https://claimyr.com). After waiting for weeks for a response about my missing tax documents, I used their service to get a direct call with an actual Robinhood rep. There's a demo of how it works here: https://youtu.be/_kiP6q8DX5c They basically help you skip the phone queue and get to a real person. I was shocked when I got connected to Robinhood within minutes since I'd been trying for days on my own. The rep was able to explain exactly why my 1099 wasn't generated (in my case, it was because I had less than $10 in dividends from any single company) and walked me through how to find the info I needed in my account statements.

OK I take back what I said about Claimyr. I was super skeptical (see my comment above) but I was desperate to resolve my Robinhood tax document issue before filing deadline, so I gave it a shot. I'm shocked to admit it actually worked exactly as described. The service called Robinhood, waited on hold for about 45 minutes (which I didn't have to do), then connected me directly to a support agent. The Robinhood rep explained that they don't issue 1099-DIVs unless you have $10+ in dividends from a single company, then helped me find my dividend info in the transaction history. Still annoyed at Robinhood for their terrible support, but at least I got my tax question answered without wasting hours on hold. Just wanted to post this update since I was so wrong in my initial response!

Have you checked the Tax Documents section in your Robinhood account? Go to Account > Statements & History > Tax Documents. I had the same panic attack but eventually found mine there. If your dividends were under $10 per company, they might not issue a 1099-DIV, but you can still see all your dividend info in your monthly statements. Also, when you use TurboTax, try the "import from Robinhood" feature. Sometimes it can pull the info directly from your account even if you can't find the formal document. Just search for Robinhood when it asks where you earned dividends.

Just a reminder that even if you don't receive a 1099-DIV, you're still required to report all dividend income to the IRS. The $10 threshold is just for when the company is required to issue the form, not for when you need to report it. You can easily find your total dividends by going to your Robinhood account and filtering transactions by "Dividends" for the tax year. Add them up manually and report that on Schedule B of your tax return. TurboTax will walk you through this too.

I just went through this exact situation! For me, it turned out Robinhood only issues 1099-DIVs if you received $10+ from any SINGLE company. My $67 in dividends was spread across 12 different stocks, with none paying more than $9, so I didn't get a form. What I did was download my account statement for December 2023 (it has year-to-date totals) and manually entered the dividend amounts. The IRS doesn't care if you have the actual form - they just want you to report the income correctly.