• SPV Fundraises. 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, this may not be every year). You can check whether you invested via an SPV by opening the investment contract available on your portfolio page.
• Non-SPV Fundraises. For fundraises not using an SPV, the company you invested in has the obligation to 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 has the obligation to generate and send you a Form 1099 in 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 available on your portfolio page.

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

Questions? Reach out to support@wefunder.com