PeerStreet investors will be issued a consolidated Form 1099 for the income distributed from their investment positions. Investors may receive one or more of the following types of 1099 form:
- 1099-OID for notes with terms longer than one year (at the time of issue)
- 1099-INT for notes with terms less than one year (at the time of issue)
- 1099-MISC for incentives, late fees or other income, if more than $600
- 1099-C for cancellation of debt
We strongly recommend that you consult with a tax advisor for more information about tax treatment related to your specific investments.