---
type: tax-form
category: tax
person: Xuewei Jiang
date: 2019-12-31
source: jiang_1099_lending_club_2019.pdf
---

# LendingClub Consolidated 1099 (2019)

- **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:** 01/31/2020

## Tax Summary

### 1099-OID - Original Issue Discount

| Box | Description | Amount |
|---|---|---|
| 1 | Original Issue Discount for 2019 | $31.28 |
| 4 | Federal Income Tax Withheld | $0.00 |

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

| Field | Amount |
|---|---|
| 1d. Proceeds | $6.46 |
| 1e. Cost or Other Basis | $76.87 |
| 1f. Accrued Market Discount | $0.00 |
| 1g. Wash Sale Loss Disallowed | $0.00 |
| 4. Federal Income Tax Withheld | $0.00 |
| 12. Basis Reported to IRS | Yes |
| **Total Loss** | **-$70.41** |

## 2019 Form 1099-OID

| Box | Description | Value |
|---|---|---|
| 1 | Original Issue Discount for 2019 | $31.28 |
| 2 | Other Periodic Interest | (blank) |
| 3 | Early Withdrawal Penalty | (blank) |
| 4 | Federal Income Tax Withheld | (blank) |
| 5 | Market Discount | (blank) |
| 6 | Acquisition Premium | (blank) |
| 7 | Description | LendingClub Notes |
| 8 | Original Issue Discount on U.S. Treasury Obligations | (blank) |
| 9 | Investment Expenses | (blank) |
| 10 | Bond Premium | (blank) |
| 11 | Tax-Exempt OID | (blank) |
| 12 | State | (blank) |
| 13 | State ID No | (blank) |
| 14 | State Tax Withheld | (blank) |

## 2019 Form 1099-B - Recoveries and Proceeds from Charged-off Loans

| Field | Value |
|---|---|
| 1a. Description of Property | See Details |
| 1b. Date Acquired | See Details |
| 1c. Date Sold or Disposed | See Details |
| 1d. Proceeds | $6.46 |
| 1e. Cost or Other Basis | $76.87 |
| 1f. Accrued Market Discount | $0.00 |
| 1g. Wash Sale Loss Disallowed | $0.00 |
| 4. Federal Income Tax Withheld | $0.00 |
| 12. Basis Reported to IRS | Yes |

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

| Date Acquired | Date Sold | Description | Proceeds | Cost Basis | Gain/(Loss) | Accrued Mkt Disc | Wash Sale Disallowed | Type | Fed Tax Withheld |
|---|---|---|---|---|---|---|---|---|---|
| 04/25/2017 | 07/30/2019 | LC Corp Note, 155698767; Loan ID, 105762332 | $1.79 | $12.36 | ($10.57) | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 02/28/2019 | LC Corp Note, 155698736; Loan ID, 102185345 | $0.00 | $14.44 | ($14.44) | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 12/17/2019 | LC Corp Note, 155698829; Loan ID, 106495479 | $1.04 | $0.00 | $1.04 | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 09/26/2019 | LC Corp Note, 155698796; Loan ID, 106204966 | $0.15 | $11.96 | ($11.81) | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 08/30/2019 | LC Corp Note, 155698823; Loan ID, 106489285 | $0.00 | $10.43 | ($10.43) | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 03/29/2019 | LC Corp Note, 155698788; Loan ID, 106060923 | $2.81 | $0.00 | $2.81 | $0.00 | $0.00 | LT | $0.00 |
| 04/25/2017 | 11/29/2019 | LC Corp Note, 155698864; Loan ID, 106792018 | $0.00 | $6.64 | ($6.64) | $0.00 | $0.00 | LT | $0.00 |
| 04/26/2017 | 11/29/2019 | LC Corp Note, 155746434; Loan ID, 106209705 | $0.00 | $7.48 | ($7.48) | $0.00 | $0.00 | LT | $0.00 |
| 04/26/2017 | 06/24/2019 | LC Corp Note, 155746432; Loan ID, 105969495 | $0.67 | $13.56 | ($12.89) | $0.00 | $0.00 | LT | $0.00 |
| **Subtotal Long-Term** | | | **$6.46** | **$76.87** | **($70.41)** | **$0.00** | **$0.00** | | **$0.00** |

### Total All Transactions

| | Proceeds | Cost Basis | Gain/Loss |
|---|---|---|---|
| Total (basis reported to IRS) | $6.46 | $76.87 | ($70.41) |