SPV Community Round. If you invested in a fundraise that used an SPV, Wefunder will work with our accounting partners to generate and distribute Schedule K-1s in tax years where the SPV incurred a taxable gain or loss (note that this may not be yearly). By opening the investment contract on your portfolio page, you can check whether you invested via an SPV.

Non-SPV Community Round. For Community Rounds not using an SPV, the company you invested in must generate tax forms for its investors. In some cases, Wefunder helps distribute these forms to investors once the company has generated them.

Loans & Revenue Share Investments. If you invested in a loan or revenue share contract, the company you invested in must generate and send you a Form 1099 in the years where they have made payments to you. In some cases, Wefunder helps distribute these forms to investors once the company has generated them. You can check whether you invested in a loan or revenue share contract by opening the investment contract on your portfolio page.

This is for educational purposes only and should not be construed as tax or legal advice.