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Interest Income Tax Reporting

Last Updated: Nov 03, 2017 09:32AM EDT
As a Groundfloor investor, you will be issued a yearly 1099-INT form by January 31st of each year. The 1099-INT form summarizes the interest income earned by the investor during the previous tax year. Please note that Groundfloor is required by the IRS to issue a 1099-INT form for interest paid to our investors that is greater than $10.00. To access a copy of a 1099-INT that has been generated, login to your Investor account, click on “My Account”, click on “Account Settings”, and then click on “Documents”. The form will appear here if one has been produced. For additional information regarding the 1099-INT form, please consult with a tax expert or your accountant.

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