It’s tax season, and to assist Prosper retail buyers navigate the method, we’ve created the 2022 Prosper Tax Information. This information has basic details about the 1099 tax type(s) you might obtain from Prosper.
To entry the Prosper Investor Information for 2022, click on right here.
Should you’re a retail investor who holds Notes from Prosper, right here’s what you could know:
- In connection along with your funding by Prosper, you might obtain the next kinds for the 2022 calendar yr:
- 1099-OID: Web accrued curiosity of $10 or extra obtained in 2022
- 1099-MISC: Different earnings (corresponding to late charges) of $600 or extra obtained in 2022
- 1099-B: Gross proceeds from gross sales or recoveries obtained in 2022 from Notes similar to loans charged-off in 2022 or prior years.
These 1099 tax assertion(s) shall be obtainable in your Prosper account on January 31, 2023. Please observe, it’s your accountability to examine your account and evaluate all data offered earlier than submitting your tax return.
Prosper doesn’t present tax, monetary or authorized recommendation and neither this put up nor Prosper’s tax information is meant to be tax, monetary or authorized recommendation. We suggest that you simply seek the advice of along with your monetary or tax advisor if in case you have any questions. The IRS additionally offers steerage on the again of the 1099 tax type(s) designed to explain what’s reported in every field on the shape and the place the quantity could also be reported on an earnings tax return.
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