If you have earned more than $10 in interest income from your Groundfloor investments in a calendar year, you will be issued a single, yearly 1099-INT form by January 31st of the following year by regulations set forth by the Internal Revenue Service.
Principal losses are reported separately on a form 1099-B per property.
Promotional credits (i.e. referral credits, promotions), will be filed via a 1099-MISC once users meet a $600 threshold. All tax documents will be available and accessible via the Groundfloor Tax Center.
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Visit https://app.groundfloor.us/settings/documents for:
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- Viewing important tax information.
- Viewing your tax documents.
- Verifying and updating your account information that will be submitted to the IRS.
To access the Tax Center, log in to your Groundfloor Investor Account and click on Account Settings.
To make changes or to add your tax information, make sure to update it within the tax center.
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For additional information regarding the 1099-INT, 1099-MISC, or 1099-B forms and your personal tax requirements, please consult with a tax expert and/or your accountant.
To access the Documents, log in to your Groundfloor Investor Account and click on Account Settings.
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