JBG SMITH Reports Taxable Composition of 2020 Distributions
JBG SMITH (NYSE: JBGS) announced the tax treatment details of its 2020 common shares distributions. The company reported a total distribution of $1.125 per share, with breakdowns of ordinary dividends and capital gains across five payment dates. Notably, $0.900 is classified as taxable in 2020, with $0.225 as capital gains. The report highlights that the qualified dividends total $0.540, which is beneficial for investors considering tax implications. The income allocation information will be provided in Form 1099-DIV to shareholders.
- Total distributions of $1.125 per share.
- $0.900 classified as taxable in 2020.
- $0.540 in qualified dividends is advantageous for investors.
- None.
JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2020 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table:
Common Shares – CUSIP number 46590V100
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Distribution Per Share |
2020 Tax Treatment |
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Total |
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Record
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Payable
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Ex-Dividend
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Taxable in
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Taxable in
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Taxable in
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Total
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Qualified
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Total Capital
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Unrecap.
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Section
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Form 1099-DIV Box: |
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1a |
1b1 |
2a |
2b2 |
51 |
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12/27/2019 |
01/08/2020 |
12/26/2019 |
$ |
0.225 |
$ |
0.000 |
$ |
0.225 |
$ |
0.000 |
$ |
0.135 |
$ |
0.000 |
$ |
0.090 |
$ |
0.000 |
$ |
0.135 |
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5/13/2020 |
05/27/2020 |
05/12/2020 |
$ |
0.225 |
$ |
0.000 |
$ |
0.225 |
$ |
0.000 |
$ |
0.135 |
$ |
0.000 |
$ |
0.090 |
$ |
0.000 |
$ |
0.135 |
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8/13/2020 |
08/27/2020 |
08/12/2020 |
$ |
0.225 |
$ |
0.000 |
$ |
0.225 |
$ |
0.000 |
$ |
0.135 |
$ |
0.000 |
$ |
0.090 |
$ |
0.000 |
$ |
0.135 |
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11/13/2020 |
11/30/2020 |
11/12/2020 |
$ |
0.225 |
$ |
0.000 |
$ |
0.225 |
$ |
0.000 |
$ |
0.135 |
$ |
0.000 |
$ |
0.090 |
$ |
0.000 |
$ |
0.135 |
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12/28/2020 |
01/11/2021 |
12/24/2020 |
$ |
0.225 |
$ |
0.000 |
$ |
0.000 |
$ |
0.225 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
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Totals: |
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$ |
1.125 |
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0.000 |
$ |
0.900 |
$ |
0.225 |
$ |
0.540 |
$ |
0.000 |
$ |
0.360 |
$ |
0.000 |
$ |
0.540 |
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About JBG SMITH
JBG SMITH is an S&P 400 company that owns, operates, invests in, and develops a dynamic portfolio of high-quality mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it now serves as the exclusive developer for Amazon’s new headquarters. JBG SMITH’s operating portfolio currently comprises approximately 20.7 million square feet of high-quality office, multifamily and retail assets,
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1 These amounts, if any, are a subset of, and included in, Total Ordinary Dividends (Box 1a)
2 Unrecaptured Section 1250 Gain, if any, is a subset of, and included in, Total Capital Gain Distributions (Box 2a)
View source version on businesswire.com: https://www.businesswire.com/news/home/20210114005984/en/
FAQ
What are the tax implications of JBG SMITH's 2020 distributions for shareholders?
When were the distribution payments made by JBG SMITH in 2020?
What is the total amount of ordinary dividends declared by JBG SMITH for 2020?
How much capital gains did JBG SMITH distribute in 2020?
What is the Form 1099-DIV reporting for JBG SMITH's 2020 distributions?
