What does the 'No Filing Needed' status mean?

A deal marked No Filing Needed means there was no taxable activity during that tax year, so no Schedule K-1 will be issued for it.

Common reasons

• The deal was formed but did not close during the tax year.
• The entity was inactive for the entire year.
• The underlying investment had no income, loss, or other reportable tax events.

Do I need to report anything?

No. If a deal shows "No Filing Needed," you do not need to include it in your tax return for that year. There is nothing to report and no document to wait for.

Questions?

If you believe a deal should have taxable activity but is showing this status, reach out to your deal manager or contact us.