You may need to pay taxes on realized capital gains, dividends received, and other transactions occurring in your Acorns accounts. By February 15, we will email you with the status of your 1099 tax form and details on next steps.
You may also be able to deduct realized capital losses. Please consult your CPA or tax professional for advice on filing your personal taxes, or visit the IRS website.
If you have any other questions, feel free to reach out to our support team.