Acadia Realty Trust Announces Tax Reporting Information for 2024 Distributions

Acadia Realty Trust (NYSE: AKR), a leading owner and operator of high-quality core real estate portfolio, has recently announced the tax reporting information for its 2024 distributions. The company's distributions for the year are classified as ordinary, qualified, and Section 199A dividends, with capital gain distributions also included. This classification affects investors' tax liabilities, as explained below.

Acadia Realty Trust's 2024 distributions are as follows:

* Ordinary dividend: $0.684064
* Qualified dividend: $0.004951
* Section 199A dividend: $0.679113
* Capital gain distribution: $0.045936

The classification of these distributions affects investors' tax liabilities as follows:

1. Ordinary Dividend ($0.684064): Ordinary dividends are taxed as ordinary income, which is generally taxed at the investor's marginal tax rate. For non-corporate shareholders, the ordinary dividend is eligible for the 20% deduction under IRC Section 199A, reducing the taxable amount to $0.5472512.
2. Qualified Dividend ($0.004951): Qualified dividends are taxed at the long-term capital gains rate, which is generally lower than the marginal tax rate for ordinary income. For non-corporate shareholders, the qualified dividend is eligible for the 20% deduction under IRC Section 199A, reducing the taxable amount to $0.00396088.
3. Section 199A Dividend ($0.679113): Section 199A dividends are taxed as ordinary income but are eligible for the 20% deduction under IRC Section 199A, reducing the taxable amount to $0.5432904.
4. Capital Gain Distribution ($0.045936): Capital gain distributions are taxed as long-term capital gains, which are generally taxed at the long-term capital gains rate. For non-corporate shareholders, the capital gain distribution is eligible for the 20% deduction under IRC Section 199A, reducing the taxable amount to $0.0367488.

In summary, the classification of Acadia Realty Trust's 2024 distributions affects investors' tax liabilities by determining the tax rate applied to each component of the distribution. The availability of the 20% deduction under IRC Section 199A for non-corporate shareholders further reduces the taxable amount for ordinary, qualified, and Section 199A dividends.




Acadia Realty Trust's commitment to providing clear and comprehensive tax reporting information for its distributions is essential for investors to make informed decisions about their investments. By understanding the tax implications of the company's distributions, investors can better plan their portfolios and optimize their tax liabilities. As Acadia Realty Trust continues to grow and expand its real estate portfolio, investors can expect the company to maintain its strong dividend policy and provide valuable tax reporting information.