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     109  0 Kommentare JBG SMITH Reports Taxable Composition of 2023 Distributions

    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 2023 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table. JBG SMITH recommends consultation with a tax advisor regarding the federal, state, and local income tax consequences of these distributions.

    Common Shares – CUSIP number 46590V100

     

     

    Distribution Per Share

    2023 Tax Treatment

     

     

    Record Date

    Payable Date

    Total

    Taxable in 2022

    Taxable in 2023

    Total Ordinary Dividends

    Qualified Dividends

    Total Capital Gain Distributions

    Unrecap. Section 1250 Gain

    Section 897 Ordinary Gain

    Section 897 Capital Gain

    Section 199A Dividends

    Form 1099-Div Box:

    1a

    1b1

    2a2

    2b3

    2e

    2f

    5

    12/29/2022

    01/12/2023

    $

    0.225

    $

    0.100

    $

    0.125

    $

    0.025

    $

    0.000

    $

    0.100

    $

    0.034

    $

    0.000

    $

    0.100

    $

    0.025

    06/23/2023

    06/30/2023

    $

    0.225

    $

    0.000

    $

    0.225

    $

    0.045

    $

    0.000

    $

    0.180

    $

    0.062

    $

    0.000

    $

    0.180

    $

    0.045

    08/17/2023

    08/31/2023

    $

    0.225

    $

    0.000

    $

    0.225

    $

    0.045

    $

    0.000

    $

    0.180

    $

    0.062

    $

    0.000

    $

    0.180

    $

    0.045

    11/17/2023

    12/01/2023

    $

    0.225

    $

    0.000

    $

    0.225

    $

    0.045

    $

    0.000

    $

    0.180

    $

    0.062

    $

    0.000

    $

    0.180

    $

    0.045

    Totals:

    $

    0.900

    $

    0.100

    $

    0.800

    $

    0.160

    $

    0.000

    $

    0.640

    $

    0.220

    $

    0.000

    $

    0.640

    $

    0.160

    As summarized in the supplemental chart below, for purposes of Section 1061 of the Internal Revenue Code, 100% of the distributions reported as Total Capital Gain Distributions in Box 2a are from sales of assets that either generated Section 1231 gains or were held for more than 3 years. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interests”.

     

     

    Record Date

     

     

    Payable Date

     

     

    Total Capital
    Gain
    Distributions

     

     

    Section 1231
    Gain
    Distributions

     

    Section 1061
    One-Year
    Capital Gain
    Distributions

     

    Section 1061
    Three-Year
    Capital Gain
    Distributions

    12/29/2022

    01/12/2023

    $

    0.100

    $

    0.074

    $

    0.026

    $

    0.026

    06/23/2023

    06/30/2023

    $

    0.180

    $

    0.131

    $

    0.049

    $

    0.049

    08/17/2023

    08/31/2023

    $

    0.180

    $

    0.131

    $

    0.049

    $

    0.049

    11/17/2023

    12/01/2023

    $

    0.180

    $

    0.131

    $

    0.049

    $

    0.049

    Totals:

    $

    0.640

    $

    0.467

    $

    0.173

    $

    0.173

    1 These amounts are a subset of, and included in, Total Ordinary Dividends (Box 1a).
    2 For purposes of Section 1061 of the Internal Revenue Code, JBG SMITH is disclosing additional capital gain categories in the supplemental chart.
    3 Unrecaptured Section 1250 Gain is a subset of, and included in, Total Capital Gain Distributions (Box 2a).

    About JBG SMITH

    JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately two-thirds of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket’s proximity to the Pentagon; and JBG SMITH’s deployment of next-generation public and private 5G digital infrastructure. JBG SMITH's dynamic portfolio currently comprises 14.7 million square feet of high-growth office, multifamily, and retail assets at share, 99% of which are Metro-served. It also maintains a development pipeline encompassing 9.8 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually. For more information on JBG SMITH please visit www.jbgsmith.com.


    The JBG SMITH Properties Stock at the time of publication of the news with a fall of -1,46 % to 15,57EUR on Lang & Schwarz stock exchange (16. Januar 2024, 22:18 Uhr).


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    JBG SMITH Reports Taxable Composition of 2023 Distributions 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 2023 distributions on its common shares. The income allocations as they will …