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Sponsorship & Taxes

As the sponsor, you assume all tax responsibility for your sponsored account’s investing activity. This may include paying taxes on any realized gains.

Sponsors can always view their sponsored account's tax documents (such as 1099-B’s, monthly statements, and transaction CSVs) by following the steps below:

  1. Tap the Profile icon in the top right hand corner
  2. Tap Documents
  3. Tap Stocks OR Bitcoin
  4. Tap Tax Documents
  5. Select your sponsored account’s tax document

At this time, someone you sponsor will be unable to view their tax and investing monthly statements for their accounts.

For more information on Bitcoin and taxes, check out this help center article.

For more information on stocks and taxes, check out this help center article.

Cash App Investing and Block Inc. do not provide tax advice. If you have questions about your particular tax situation, consult a tax advisor.

Brokerage services by Cash App Investing LLC, member FINRA/SIPC, and a subsidiary of Block, Inc. Investing and purchasing bitcoin involves risk; you may lose money. Bitcoin trading is offered by Block, Inc. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.

Cash App Investing is a self-directed service; you are solely responsible for orders placed through your account. Cash App Investing does not provide investment advice or recommendations.

Fractional shares investing may involve additional risks such as non-transferability. For additional information regarding the unique risks and limitations of fractional shares, please see your Investing Customer Account Agreement.

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