ELS Announces Tax Treatment of 2021 Distributions

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Jan 21, 2022 05:53 pm
CHICAGO -- 

Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us” and “our”) today announced the tax treatment of our 2021 common stock distributions. The following table summarizes the income tax treatment of our 2021 distributions.

Common Stock (CUSIP No. 29472R108)

Record

Date

Payable

Date

Distribution

Per Share

 

Total

Distribution

Allocable to

2021

 

Ordinary

Taxable

Dividend

 

Qualified REIT

Dividend for IRC

§199A

12/24/2020

01/08/2021

$0.342500

 

$0.087801

 

$0.087801

 

$0.087801

03/26/2021

04/09/2021

$0.362500

 

$0.362500

 

$0.362500

 

$0.362500

06/25/2021

07/09/2021

$0.362500

 

$0.362500

 

$0.362500

 

$0.362500

09/24/2021

10/08/2021

$0.362500

 

$0.362500

 

$0.362500

 

$0.362500

12/31/2021

01/14/2022

$0.362500

 

$0.362500

 

$0.362500

 

$0.362500

 

 

 

 

 

 

 

 

 

TOTALS

 

$1.792500

 

$1.537801

 

$1.537801

 

$1.537801

 

 

 

 

 

 

 

 

 

The common stock distribution with a record date of December 24, 2020, paid on January 8, 2021, is a split-year distribution with $0.087801 considered a distribution made in 2021 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 18, 2021, we owned or had an interest in 436 quality properties in 33 states and British Columbia consisting of 167,123 sites. We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago.

Paul Seavey
(800) 247-5279

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).