Information
JBG SMITH (NYSE:JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2025 distributions on its common shares. The
Original sourceAI Summary
JBG Smith reveals tax treatment for 2025 common share distributions. Total capital gain distributions mainly from long-held assets. CEO advises consulting tax advisors for implications of distributions.
Sentiment Rationale
The excitement around tax treatment may attract investors, influencing share demand positively.
Trading Thesis
Positive tax implications and consistent distribution amounts may enhance long-term investor confidence.
Market-Moving
- JBG Smith reveals tax treatment for 2025 common share distributions.
- Total capital gain distributions mainly from long-held assets.
- CEO advises consulting tax advisors for implications of distributions.
Key Facts
- JBG Smith reveals tax treatment for 2025 common share distributions.
- Total capital gain distributions mainly from long-held assets.
- CEO advises consulting tax advisors for implications of distributions.
Companies Mentioned
- AMZN (AMZN)
- VTR (VTR)
- PLD (PLD)
Corporate Developments
The announcement clarifies future distributions, potentially affecting investment strategies significantly.
JBG SMITH (NYSE:JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2025 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table. JBG SMITH recommends consultation with a tax advisor regarding the federal, state, and local income tax consequences of these distributions.
Common Shares – CUSIP number 46590V100
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Distribution Per Share |
2025 Tax Treatment |
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Record Date |
Payable Date |
Total |
Taxable in 2025 |
Taxable in 2026 |
Total
|
Total Capital
|
Unrecap.
|
Section 897
|
Non-
|
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Form 1099-Div Box: |
1a |
2a1 |
2b2 |
2f2 |
3 |
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12/30/2024 |
01/14/2025 |
$ |
0.175 |
$ |
0.175 |
$ |
0.000 |
$ |
0.000 |
$ |
0.143 |
$ |
0.143 |
$ |
0.143 |
$ |
0.032 |
05/08/2025 |
05/22/2025 |
$ |
0.175 |
$ |
0.175 |
$ |
0.000 |
$ |
0.000 |
$ |
0.143 |
$ |
0.143 |
$ |
0.143 |
$ |
0.032 |
08/07/2025 |
08/21/2025 |
$ |
0.175 |
$ |
0.175 |
$ |
0.000 |
$ |
0.000 |
$ |
0.143 |
$ |
0.143 |
$ |
0.143 |
$ |
0.032 |
11/06/2025 |
11/20/2025 |
$ |
0.175 |
$ |
0.175 |
$ |
0.000 |
$ |
0.000 |
$ |
0.143 |
$ |
0.143 |
$ |
0.143 |
$ |
0.032 |
12/30/2025 |
01/13/2026 |
$ |
0.175 |
$ |
0.000 |
$ |
0.175 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
$ |
0.000 |
Totals: |
$ |
0.875 |
$ |
0.700 |
$ |
0.175 |
$ |
0.000 |
$ |
0.572 |
$ |
0.572 |
$ |
0.572 |
$ |
0.128 |
|
As summarized in the supplemental chart below, for purposes of Section 1061 of the Internal Revenue Code, 100% of the distributions reported as Total Capital Gain Distributions in Box 2a are from sales of assets that either generated Section 1231 gains or were held for more than 3 years. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests".
Record
|
Payable
|
Total Capital
|
Section 1231
|
Section 1061
|
Section 1061
|
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12/30/2024 |
01/14/2025 |
$ |
0.143 |
$ |
0.071 |
$ |
0.072 |
$ |
0.072 |
05/08/2025 |
05/22/2025 |
$ |
0.143 |
$ |
0.071 |
$ |
0.072 |
$ |
0.072 |
08/07/2025 |
08/21/2025 |
$ |
0.143 |
$ |
0.071 |
$ |
0.072 |
$ |
0.072 |
11/06/2025 |
11/20/2025 |
$ |
0.143 |
$ |
0.071 |
$ |
0.072 |
$ |
0.072 |
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|
|
|
|
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Totals: |
$ |
0.572 |
$ |
0.284 |
$ |
0.288 |
$ |
0.288 |
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1For purposes of Section 1061 of the Internal Revenue Code, JBG SMITH is disclosing additional capital gain categories in the supplemental chart. |
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2 Unrecaptured Section 1250 Gain (Box 2b) and Section 897 Capital Gain (Box 2f) are a subset of, and included in, Total Capital Gain Distributions (Box 2a). |
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About JBG SMITH
JBG SMITH owns, operates and develops mixed-use properties concentrated in amenity-rich, Metro-served submarkets in and around Washington, DC, most notably National Landing, that we believe have long-term growth potential and appeal to residential, office and retail tenants. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, highly amenitized, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately 75.0% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's headquarters; Virginia Tech's $1 billion Innovation Campus; proximity to the Pentagon; and our placemaking initiatives and public infrastructure improvements. JBG SMITH's dynamic portfolio currently comprises 11.8 million square feet at share of multifamily, office and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing 8.7 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings. For more information on JBG SMITH please visit www.jbgsmith.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260115654819/en/
Kevin Connolly
JBG SMITH
Executive Vice President, Portfolio Management & Investor Relations
(240) 333-3837
kconnolly@jbgsmith.com