Will I be taxed on the money earned from Early Invest Match?

Article author
Tatiana B.
  • Updated

No, the annual total match amount doesn't meet the threshold to require a 1099-MISC tax form to be filed.

However, you may owe taxes on the money you make through your Acorns Early Invest account outside of Early Invest Match (like any dividends your account earns). You can learn more about taxes here.

Your tax situation is unique, so you may want to talk to a tax professional or visit www.irs.gov to figure out what applies to you and what you may need to report.

Acorns doesn't provide tax advice, but if you have any questions or concerns about your account, please contact us.

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