Vin asked in Business & FinanceInvesting · 8 months ago

How do I report an investment in crowdfunding for U.S. tax purposes? For example I put some money in Kickstarter for $100 for a private co.?

1 Answer

Relevance
  • Bryce
    Lv 7
    8 months ago

    You don't have to report it until you sell your shares. If you don't have any ownership in the company, you just gave your money away. There is nothing to report. If you get income from it, you report the income at tax time.

    • Login to reply the answers
Still have questions? Get your answers by asking now.