IRS finalizes rules for impact of 199A deduction on REIT dividends

The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid by the company to its shareholders in accordance with section 199A of the Tax Code, which allows the investors to take a hefty deduction.

Original Article Posted at : https://www.accountingtoday.com/news/irs-finalizes-rules-for-impact-of-199a-deduction-on-reit-dividends