Kilroy Realty Announces 2020 Tax Treatment of Its Dividend Distributions - Seite 2

.3769827

(1) Total Qualified Dividend is a subset of, and is included in, the Taxable Ordinary Dividend amount.
(2) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.
(3) The Tax Cuts and Jobs Act enacted on December 22, 2017 generally allows a deduction for individuals equal to 20% of ordinary dividends distributed by a REIT (excluding capital gain dividends and qualified dividend income). Section 199A Dividends is a subset of, and is included in, the Taxable Ordinary Dividend Amount.
(4) Additional Information Pursuant to Treasury Regulation §1.1061-6(c):

• One-Year Distributive Share Amount: $0.0050874 or 1.6080481% of the total capital gain distribution to shareholders for tax year ended December 31, 2020. To determine your share of the Company’s one-year distributive share amount, multiply the dollar amount of your reportable 2020 capital gain dividend from the Company (the amount shown in Box 2a of the Company’s 2020 Form 1099-DIV) by 1.6080481%.
• Three-Year Distributive Share Amount: $0
• The remaining capital gain dividends are Section 1231 gains and therefore not considered for purposes of Section 1061.

The dividend distributions made to holders of record as of December 31, 2020 and paid on January 15, 2021 are considered 2021 dividend distributions for federal income tax purposes.

Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment for Kilroy Realty Corporation common distributions.

About Kilroy Realty Corporation. Kilroy Realty Corporation (NYSE: KRC, the “company”, “KRC”) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company’s approach to modern business environments helps drive creativity, productivity and employee retention for some of the world’s leading technology, entertainment, life science and business services companies.