Taxes & Investing

Will I need to pay taxes if I buy or sell stocks? You will need to report realized gains and losses when you file taxes. Cash App Investing will provide you with a Composite Form 1099 based on the Form W-9 information you provided during signup.

Do I qualify for a Form Composite Form 1099? If you sold stock or received qualifying dividends during the reporting tax year and it requires a tax form filing, then you will be provided with the Composite Form 1099.

Where can I locate my Composite Form 1099? The Composite Form 1099 will be available to download using your Cash App.

Will the IRS receive a copy of my Composite Form 1099? Cash App Investing is required by law to file a copy of the Composite Form 1099 to the IRS for the applicable tax year.

How do I calculate my gains or losses and cost basis? You can refer to your Cash App Investing account statements to compute your gains and losses over a given period. For specific tax advice, please speak with a qualified tax professional.