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The IRS Taxes These 5 High-Yield REIT Dividends as Ordinary Income (Unless You Move Them)

Source: 247wallst.com

Tax & TariffsHousing & Real Estate

REIT distributions generally reach brokerage accounts as ordinary income. They qualify as qualified dividend income only to the extent the REIT designates them as such in a written notice to shareholders; the article cites 26 U.S.C.

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