According to a note on the RSO webpage ("Dividends") the 2012 RSO dividends for 2012 are "60% taxable and 40% nontaxable." My broker does not appear to have noticed this. Anybody else noted that the 2012 divvies are 40% return of capital and thus not taxable?
I just got my Scottrade 1099 and not only does it not show 40% return of capital and not taxable, but lists only 3 dividends, not correct. Doesn't list the Dec. 31 holder of record dividends. Doesn't make any sense. But this seems to be an aggravation of owning mREITS. You have to wait well towards filing deadline to get the information. NRF has not released the info yet. I have 3 emails to them and got and anwer from IR today they still don't have it. Hard to understand why they can't do this since they already released their full year earnings.
One more thing to add, my broker also lowered the cost basis of all my RSO shares by 40% of 2012 dividends. So while technically, ROC might not taxable....they are taxed as a capital gain when you sell at a higher price than the adjusted cost basis :-)