Ventas Announces Tax Treatment Of 2024 Distributions

As a Ventas (NYSE: VTR) shareholder, you might be wondering about the tax implications of the company's 2024 distributions. Well, wonder no more! Ventas has just announced the tax treatment of its 2024 distributions on common stock, and I'm here to break it down for you.

First things first, the total taxable dividend income for 2024 is a cool $1.80 per share. This includes the Company's fourth quarter 2023 dividend of $0.45 per share, which was declared on December 5, 2023, and was paid on January 18, 2024, to stockholders of record as of January 2, 2024.

Now, let's dive into the nature of these cash distributions and the appropriate Form 1099-DIV box numbers:

| Date Paid | 2024 Taxable Distribution | Box 1a Ordinary Dividend | Box 1b Qualified Dividend (Included in Box 1a) | Box 5 199A Dividend (Included in Box 1a) | Box 2a Capital Gain Distr. | Box 3 Nondividend Distribution |
| --- | --- | --- | --- | --- | --- | --- |
| Jan. 18, 2024 | $0.450000 | $0.273950 | $0.000000 | $0.273950 | $0.000000 | $0.176050 |
| Apr. 18, 2024 | $0.450000 | $0.273950 | $0.000000 | $0.273950 | $0.000000 | $0.176050 |
| July 18, 2024 | $0.450000 | $0.273950 | $0.000000 | $0.273950 | $0.000000 | $0.176050 |
| Oct. 17, 2024 | $0.450000 | $0.273950 | $0.000000 | $0.273950 | $0.000000 | $0.176050 |
| Total Taxable 2024 Distr. | $1.80000 | $1.095800 | $0.000000 | $1.095800 | $0.000000 | $0.704200 |

The 2024 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Pursuant to Treasury Regulation §1.1061-6(c), the Company reports 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 with respect to direct and indirect holders of “applicable partnership interests.” For shareholders whose income maintains its character when passed through or distributed to direct or indirect foreign owners or beneficiaries, the amounts reported on Form 1099-DIV, Box 2f, Section 897 Capital Gain are $0.00. Stockholders are encouraged to consult their own tax advisors regarding the tax consequences of these distributions.

So, what does all this mean for you as a Ventas shareholder? Well, it means that you can expect a consistent tax treatment for Ventas' distributions, with a mix of ordinary dividends, 199A dividends, and nondividend distributions. The 199A dividends can be particularly beneficial, as they can be treated as Section 199A Dividends if you hold your shares for at least 45 days. Just remember to consult with your tax advisor to ensure you're taking full advantage of these tax benefits.

In conclusion, Ventas' 2024 distributions offer a mix of tax benefits, with a consistent tax treatment that shareholders can rely on. By understanding the tax implications of these distributions, you can make informed decisions about your investments and maximize your after-tax returns. So, keep an eye on Ventas and stay informed about the tax treatment of its distributions!