Bluerock Homes Trust, Inc. Dividend Tax Treatment for 2024
Introduction
NEW YORK, Jan. 31, 2025 /PRNewswire/ — Bluerock Homes Trust, Inc. announced today the income tax treatment for 2024 dividends on the Company’s common stock and preferred stock. The details of the income tax treatment as reported on Form 1099-DIV are as follows:
Class A & C Common Stock
The income tax treatment for 2024 dividends for Bluerock Homes Trust, Inc.’s Class A common stock (CUSIP #09631H100) and Class C common stock is as follows:
Class A & C Common Stock Record Date: 12/29/2023
Payable Date: 1/5/2024
Distribution Rate Per Share: $0.840551
Ordinary Dividend Rate: 0.000000%
Non-Dividend Rate: 100.000000%
Total Capital Gains Rate: 0.000000%
It is important to note that a special cash dividend of $1.00 per share of the Company’s Class A common stock and Class C common stock paid on January 5, 2024, has been divided between 2023 and 2024 for tax purposes.
Series A Preferred Stock
The income tax treatment for 2024 dividends for Bluerock Homes Trust, Inc.’s Series A Preferred Stock (CUSIP #s listed) is as follows:
(Details of the tax treatment for Series A Preferred Stock)
Overall, understanding the income tax treatment of dividends for both common stock and preferred stock is essential for investors to accurately report their earnings to the IRS.
Online sources predict the effects of Bluerock Homes Trust, Inc.’s dividend tax treatment:
How will it affect me?
Based on online sources, the income tax treatment of Bluerock Homes Trust, Inc.’s dividends for 2024 may impact individual investors differently depending on their tax situation. It is advisable for investors to consult with their tax advisors to understand how these dividends will affect their tax obligations.
How will it affect the world?
The income tax treatment of dividends for a company like Bluerock Homes Trust, Inc. can have ripple effects on the financial markets and investor perceptions. It is possible that changes in tax treatments may influence investment decisions and overall market trends.
Conclusion
In conclusion, the announcement of Bluerock Homes Trust, Inc.’s dividend tax treatment for 2024 sheds light on the importance of understanding tax implications for investors. This information allows investors to make informed decisions and accurately report their earnings to regulatory authorities.
