It’s tax season! To help navigate this process we’ve created a 2017 Prosper tax guide with general information about the 1099 tax form(s) you may receive from Prosper.
If you’re a retail investor who holds Notes from Prosper, here’s what you need to know.
In connection with your investment through Prosper, you may receive the following forms for the 2017 calendar year:
- 1099-OID: Net interest received in 2017
- 1099-MISC: Other income (such as late fees) received in 2017
- 1099-B: Recoveries, proceeds and cost basis on Notes corresponding to charged-off loans in 2017
These 1099 tax statement(s) are now available in your Prosper account.* To access your tax statement(s), sign in to your Prosper account and select History below your name, then select the Statements link.
You can reference the Prosper tax guide for general information about the tax forms as well as answers to frequently asked tax questions.
*It is your responsibility to check your account and review all information provided before filing your tax return.
Prosper does not provide tax, financial or legal advice and neither this post nor Prosper’s tax guide is intended to be tax, financial or legal advice. We recommend that you consult with your financial or tax advisor if you have any questions.