What are the tax implications of investing through Augment?
When you invest through an Augment Collective SPV, you become a partner in a partnership for tax purposes. This means you'll receive a Schedule K-1 each year rather than a 1099. K-1s report your share of the SPV's income, losses, and distributions and are used when filing your personal or entity tax return.
We recommend consulting a tax advisor familiar with partnership investments.