Logo

How Do I Import LendingClub Tax Forms to TurboTax?

3 min read

If you need to import your LendingClub tax forms to TurboTax*, simply follow this step-by-step guide.

Getting started

Before you can import your LendingClub 1099s into TurboTax, you’ll need your:

  • LendingClub account number

  • LendingClub username (the email address associated with your account)

  • Social Security number

Import a Form 1099-B

To import a Form 1099-B from LendingClub to TurboTax:

  1. Sign into TurboTax.

  2. Under Federal Taxes, select Wages & Income.

  3. Click I’ll Choose What I Work On.

  4. In Investment Income under Stocks, Mutual Funds, Bonds, Other, click Start.

  5. When TurboTax prompts, “Did you sell any investment in [the current tax year]?,” click Yes.

  6. When TurboTax asks if you received a 1099-B, click Yes.A search window appears.

  7. Search for and select LendingClub, then click Continue.

  8. In the appropriate fields, enter:

    • Your Social Security number

    • Your LendingClub account number

    • The email address you use for your LendingClub account as your username

  9. Click Continue.

  10. Select the 1099-B you want to import, then click OK.

Import a Form 1099-OID

To import a Form 1099-OID from LendingClub to TurboTax:

  1. Sign into TurboTax.

  2. Under Federal Taxes, select Wages & Income.

  3. Under Interest and Dividends, click Show More.

  4. Under 1099-OID, Foreign Accounts, click Start.

  5. Select the box next to Form 1099 OID, then click Continue.

  6. When TurboTax asks if you received a 1099-OID, click Yes.A search window appears.

  7. Search for and select LendingClub, then click Continue.

  8. In the appropriate fields, enter:

    • Your Social Security number

    • Your LendingClub account number

    • The email address you use for your LendingClub account as your username

  9. Click Continue.

  10. Select the 1099-OID you want to import, then click OK.

Multiple accounts or transactions

If you have multiple LendingClub investment accounts, you’ll need to repeat this process for each account.

TurboTax online currently supports up to 1,500 reportable transaction line items on a single Form 1099. If you have more than 1,500 reportable transaction line items on your 1099-B, you'll need to use the desktop version of TurboTax (available to download or on CD), which supports up to 2,500 transactions. Your system configuration (processor type, speed, and memory) may determine the number of transactions you can import without affecting system performance.


* LendingClub is not affiliated with Intuit or TurboTax and does not approve, endorse, or recommend TurboTax. LendingClub does not guarantee the accuracy, timeliness, completeness or usefulness of the TurboTax or Intuit websites or products. LendingClub is not responsible or liable for any content, advertising, products, or other materials on or available from the TurboTax or Intuit websites or products and is not liable for losses resulting from their use. LendingClub does not provide tax advice, and the information presented here is not intended to be tax advice. You should consult your tax advisor if you have any questions or need additional information.

LendingClub Resources

Related Resource Center
While it can be easy to qualify for short-term loans—even if you have a low credit score or limited income—many come with unfavorable rates and terms. The high fees and interest rates make it an expensive form of debt, and the short repayment terms can leave borrowers financially worse off.
Jul 17, 2024
5 min read
Short-term loans
If you're planning on consolidating debt or making a big purchase like buying a home or new car, chances are you'll need financing to help reach your goals. Understanding the true cost of a loan is key to getting the best deal possible—and most often that starts with shopping APRs and interest rates across different lenders.
Jul 15, 2024
6 min read
Woman in yellow shirt in coffee shop writing in notebook in front of laptop
Your credit score plays a key role in nearly every aspect of your financial life—from the rates you receive on loans to applying for utility services and cellphone plans. Given how often those numbers will come into play, it is a smart move to aim for the best scores you can.
Jul 13, 2024
9 min read
What Affects Your Credit Scores?
To open a business bank account, you’ll need to choose a bank, gather documentation to apply, and have funds on hand for an initial deposit.
Jul 9, 2024
5 min read
How to Open a Business Bank Account
Identity theft happens when your personal information is stolen and used without your permission. Understanding the warning signs, knowing how to protect your information, and what to do if your identity is stolen can help keep your identity safe and recover faster. 
Jul 6, 2024
9 min read
Preventing Identity Theft
Related Impact
From groceries and diapers to Halloween costumes for pets, nearly 60% of American consumers prefer to shop online for everyday items that make life more convenient, comfortable, and enjoyable. And with rising prices showing no signs of stopping anytime soon, we’re pleased to introduce StackitTM from LendingClub Bank—a new browser extension that automatically finds and rewards eligible members with coupons and cash back for extra savings at more than 15,000 favorite online retailers.
Nov 13, 2022
2 min read
blog header stackit 765x430 v1-1
Even in today’s low-yield, high-inflation environment, it’s essential to keep a certain amount of money in an easy-to-access checking or savings account for things like daily household and emergency expenses, or to meet short-term financial goals.
Oct 2, 2022
5 min read
LendingClub Rewards Checking Nationally Certified as Trusted, Afforda
Since 2007, LendingClub has been on a mission to deliver a world-class experience to all our members. This month we took a moment to reflect on the more than four million members who have chosen LendingClub as their partner to help them reach their financial goals.
Apr 19, 2022
2 min read
Illustration of large number 4 and letter M made up of colorful, tiny illustrations of ethnically diverse people
In March 2022, we hosted our first quarterly webinar where we celebrated our one-year anniversary as a digital marketplace bank. 
Mar 6, 2022
less than a minute read
Blog-post
LendingClub completed the acquisition of Radius Bank in February 2021. At that time, in addition to the direct-to-consumer deposit business, we inherited a fintech partner program, and several lending businesses. As we reach the one-year anniversary of the acquisition, and in conjunction with the conclusion of a strategic review of our business operations, we have made the decision to discontinue certain businesses that don’t fit our mission.  
Jan 2, 2022
2 min read
Man in blue button up shirt and glasses smiling
Related FAQ's
LendingClub provides a year-end statement that summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have been charged off.
Jun 7, 2023
less than a minute read
LendingClub provides annual tax documents by January 31 for the previous calendar year. LendingClub also provides a year-end statement that summarizes your account activity.
Jun 7, 2023
2 min read
You may not receive a 1099 consolidated tax statement for the previous tax year for a few reasons, depending on certain account activities or account types.
Jun 7, 2023
less than a minute read
To find your monthly, year-end, and tax statements, if applicable...
Jun 7, 2023
less than a minute read
Generally, interest and other payments received in a Notes account are taxable, but tax treatment and reporting depend on your account type.
Jun 7, 2023
less than a minute read
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
Sep 6, 2023
4 min read
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
Mar 21, 2023
3 min read
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 
Mar 21, 2023
4 min read
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
Feb 7, 2023
3 min read
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
Feb 4, 2023
3 min read

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

© 2024 LendingClub Bank. All rights reserved.