Are you looking for a 1099-INT, or another standard IRS document, so you can report your 2020 Linus returns on your taxes?
Due to the early nature of our product, we will not be issuing 1099-INTs, or another standard IRS document, for 2020.
However, we have built a summary to make filing your taxes easy.
- You can view your 2020 summary by navigating to the Activity page, clicking the 'Download' button, and choosing '2020 Summary' from the options.
- There you'll find your total interest earned, which will enable you to report your interest earned as ordinary income on your taxes.
- You'll then have to manually add the interest from the 2020 Summary provided into your tax prep software or to your accountant.
If you have questions, just reach out!