---
type: "1099"
category: tax
person: Xuewei Jiang
date: 2018-12-31
source: lu_1099_lending_club_2018.pdf
---

# LendingClub Consolidated 1099 (2018)

- **Recipient:** Xuewei Jiang
- **Address:** 1652 West 6th Street, Austin, TX 78703
- **TIN:** XXX-XX-3215
- **Account Number:** 112181054
- **Payer:** LendingClub Corporation, 595 Market Street, Suite 200, San Francisco, CA 94105
- **Payer's EIN:** 51-0605731
- **Original Date:** 01/31/2019

## Tax Summary

### 1099-OID - Original Issue Discount

| Box | Description | Amount |
|---|---|---|
| 1 | Original Issue Discount for 2018 | $113.56 |
| 4 | Federal Income Tax Withheld | $0.00 |
| 7 | Description | LendingClub Notes |

### 1099-B - Recoveries and Proceeds from Charged-off Loans

| Field | Amount |
|---|---|
| 1d. Proceeds | $2.56 |
| 1e. Cost or Other Basis | $80.08 |
| 1f. Accrued Market Discount | $0.00 |
| 1g. Wash Sale Loss Disallowed | $0.00 |
| 3. Basis Reported to IRS | Yes |
| 4. Federal Income Tax Withheld | $0.00 |
| **Total Loss** | **-$77.52** |

### Short-Term Transactions (Box A - basis reported to IRS)

| Date Acquired | Date Sold | Description | Proceeds | Cost Basis | Gain/Loss |
|---|---|---|---|---|---|
| 04/25/2017 | 02/28/2018 | LC Corp Note 155698868; Loan ID 106793649 | $0.00 | $21.41 | -$21.41 |
| **Subtotal Short-Term** | | | **$0.00** | **$21.41** | **-$21.41** |

### Long-Term Transactions (Box D - basis reported to IRS)

| Date Acquired | Date Sold | Description | Proceeds | Cost Basis | Gain/Loss |
|---|---|---|---|---|---|
| 04/25/2017 | 06/29/2018 | LC Corp Note 155698829; Loan ID 106495479 | $0.00 | $19.82 | -$19.82 |
| 04/25/2017 | 06/20/2018 | LC Corp Note 155698785; Loan ID 105944748 | $2.56 | $21.79 | -$19.23 |
| 04/25/2017 | 11/30/2018 | LC Corp Note 155698780; Loan ID 105943938 | $0.00 | $17.06 | -$17.06 |
| **Subtotal Long-Term** | | | **$2.56** | **$58.67** | **-$56.11** |

### Total All Transactions

| | Proceeds | Cost Basis | Gain/Loss |
|---|---|---|---|
| Total | $2.56 | $80.08 | -$77.52 |