Robinhood Fails to Meet Deadline to Give Customers Tax Forms (2)

Feb. 18, 2021, 4:26 AM UTC

Customers of Robinhood Markets eager to get their U.S. taxes filed woke up on Wednesday to find that the company didn’t meet a deadline to provide the necessary forms.

On its website, Robinhood had pledged to deliver the forms by Tuesday, which was also an Internal Revenue Service deadline. A spokeswoman for the firm blamed “special processing requirements and delays with a vendor” for the hold up.

The “vast majority” of customers would receive their forms by Wednesday evening, the spokeswoman told Bloomberg in a text message. She said later in the day that the company sought and received a ...

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