I completely agree with buy + hold vs day trading, but I think you are totally off basis with the tax documentation concerns. Robinhood will surely be issuing p

I completely agree with buy + hold vs day trading, but I think you are totally off basis with the tax documentation concerns. Robinhood will surely be issuing people nicely-formatting 1099s and there is no reason to assume you can't do the filings yourself - turbotax already has nice importers from all the big brokerages so you don't even need to enter data yourself. Long gone are the days of having to manually keep track of any purchase dates and cost basises