I invested in a fund during the past tax season, but my tax package summary says I won’t receive a K-1 for the year. Why not?

Tax returns and K-1’s are only required to be filed with the IRS if there is taxable income or loss to report for a given tax year.

If a fund didn’t generate taxable income or loss, no K-1 was required.

This typically applies to SPV's that only invested in SAFE's or made equity investments in corporate entities.