Connect with us

Hi, what are you looking for?

Investor Center

2019 Tax Guide for Prosper Investors

It’s tax season, and to help Prosper retail investors navigate the process, we’ve created the 2019 Prosper Tax Guide. This guide has general information about the 1099 tax form(s) you may receive from Prosper.

It’s tax season, and to help Prosper retail investors navigate the process, we’ve created the 2019 Prosper Tax Guide. This guide has general information about the 1099 tax form(s) you may receive from Prosper.

To access the Prosper Investor Guide for 2019, click here.

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 2019 calendar year:
    • 1099-OID: Net interest of $10 or more received in 2019
    • 1099-MISC: Other income (such as late fees) of $600 or more received in 2019
    • 1099-B: Gross proceeds from sales or recoveries received in 2019 from Notes corresponding to loans charged-off in 2019 or prior years.

These 1099 tax statement(s) will be available in your Prosper account on January 31, 2019. Please note, 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.

Read more:

Join our mailing list

Latest

HELOC calculator - picture of the side of a home

Finance for Homeowners

This HELOC calculator predicts the amount you can borrow based on home value and other factors.

Example image for How Much Does it Cost to Renovate a House? Example image for How Much Does it Cost to Renovate a House?

Finance for Homeowners

One of the best parts of homeownership is being able to customize your home exactly how you want it. You don’t have to make...

iStock_78780267_MEDIUM.jpg iStock_78780267_MEDIUM.jpg

Financial Lifestyle

Whether you’re a regular Prosper blog reader or just Googled and found us after realizing your wallet is lost or stolen, we can help....

plans for what adds the most value to a home plans for what adds the most value to a home

Finance for Homeowners

What Adds the Most Value to a Home? When it comes to home improvements, you probably know that the answer is “yes” to the...

aug-performance-600x337.png aug-performance-100x100.png

Prosper Blog

Today we are sharing performance data from the Prosper Portfolio for August 2022. Highlights from the Prosper Performance Update – August 2022: In August,...

Example of potential result from remodel planning Example of potential result from remodel planning

Finance for Homeowners

Whether you’re taking a home you already love and making it better or taking a fixer-upper and restoring it to livability, the key to...