ELS Announces Tax Treatment of 2023 Distributions

Business Wire
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CHICAGO, January 25, 2024--(BUSINESS WIRE)--Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us" and "our") today announced the tax treatment of our 2023 common stock distributions. The following table summarizes the income tax treatment of our 2023 distributions.

Common Stock (CUSIP No. 29472R108)

Record
Date

Payable
Date

Distribution
Per Share

Total
Distribution
Allocable to
2023

Long-Term
Capital
Gains
Dividend

Ordinary
Taxable
Dividend

Nondividend
Distribution

Qualified REIT
Dividend for IRC
§199A

12/30/2022

01/13/2023

$0.410000

$0.005010

$0.000012

$0.004603

$0.000395

$0.004603

03/31/2023

04/14/2023

$0.447500

$0.447500

$0.001105

$0.411168

$0.035227

$0.411168

06/30/2023

07/14/2023

$0.447500

$0.447500

$0.001105

$0.411168

$0.035227

$0.411168

09/29/2023

10/13/2023

$0.447500

$0.447500

$0.001105

$0.411168

$0.035227

$0.411168

12/29/2023

01/12/2024

$0.447500

$0.447500

$0.001105

$0.411168

$0.035227

$0.411168

TOTALS

$2.200000

$1.795010

$0.004432

$1.649275

$0.141303

$1.649275

The common stock distribution with a record date of December 30, 2022, paid on January 13, 2023, is a split-year distribution with $0.005010 considered a distribution made in 2023 for federal income tax purposes.

Pursuant to Treas. Reg. § 1.1061-6(c), we report that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are both $0.004432 per share with respect to direct and indirect holders of "applicable partnership interests."

Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.

As of October 16, 2023, we owned or had an interest in 450 properties located predominantly in the United States consisting of 171,707 sites. We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240125479253/en/

Contacts

Paul Seavey
(800) 247-5279

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