CRT revenue will generally be considered ordinary income to you as an investor. GigaStar Technologies, which is hired by the Issuers to conduct monthly distributions, issues 1099 forms on behalf of Issuers to investors who receive $600 USD or more in distributions from a specific offering during the tax year.
Investors who receive less than $600 in distributions from a specific offering will not receive a 1099 for that offering.
Investors can view their total distributions for the year in their GigaStar Portfolio and should consult with their independent financial and tax advisors regarding their reporting obligations, prior to investing.
GigaStar does not provide legal, regulatory, tax, investment, or financial advice.