TradeStation

Get Cash Back and $0 Commissions
+ The Power of TradeStation

ELS Announces Tax Treatment of 2022 Distributions

Business Wire 24-Jan-2023 6:39 PM

Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as "we," "us" and "our") today announced the tax treatment of our 2022 common stock distributions. The following table summarizes the income tax treatment of our 2022 distributions.

Common Stock (CUSIP No. 29472R108)

Record

Date

Payable

Date

Distribution

Per Share

Total

Distribution

Allocable to

2022

Ordinary

Taxable

Dividend

 

 

Nondividend

Distribution

Qualified REIT

Dividend for IRC

§199A

03/25/2022

04/08/2022

$0.410000

$0.410000

$0.371770

$0.038230

$0.371770

06/24/2022

07/08/2022

$0.410000

$0.410000

$0.371770

$0.038230

$0.371770

09/30/2022

10/14/2022

$0.410000

$0.410000

$0.371770

$0.038230

$0.371770

12/30/2022

01/13/2023

$0.410000

$0.404990

$0.367227

$0.037763

$0.367227

 

 

 

 

 

 

 

TOTALS

 

$1.640000

$1.634990

$1.482537

$0.152453

$1.482537

 

 

 

 

 

 

 

The common stock distribution with a record date of December 30, 2022, paid on January 13, 2023, is a split-year distribution with $0.005010 considered a distribution made in 2023 for federal income tax purposes.

Pursuant to Treas. Reg. § 1.1061-6(c), we report that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 per share with respect to direct and indirect holders of "applicable partnership interests."

Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.

As of October 17, 2022, we owned or had an interest in 445 quality properties located predominantly in the United States consisting of 170,245 sites. We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago.

Image for Press Release 1626508