▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Iron Mountain Incorporated Announces Tax Treatment of 2023 Distributions

Iron Mountain Incorporated (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management, today announced the tax treatment for...

Business Wire

PORTSMOUTH, N.H.: Iron Mountain Incorporated (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management, today announced the tax treatment for all 2023 distributions on its common stock.

 

 

 

 

Form 1099
Box 1a

 

Form 1099
Box 1b

 

Form 1099
Box 2a

 

Form 1099
Box 2b

 

Form 1099
Box 2f

 

Form 1099
Box 3

 

Form 1099
Box 5

Payment Date

 

Total Distribution

 

Ordinary Taxable Dividend

 

Qualified Taxable Dividend (1)

 

Total Capital Gain Distribution

 

Unrecaptured
Sec. 1250 Gain (2)

 

Section 897 Capital Gain (2)

 

Return of Capital

 

Section 199A Dividend (1)

 

 

($ per share)

 

($ per share)

 

($ per share)

 

($ per share)

 

($ per share)

 

($ per share)

 

($ per share)

 

($ per share)

Jan 5, 2023 (3)

 

$0.498146

 

$0.493098

 

$0.004086

 

$0.000000

 

$0.000000

 

$0.000000

 

$0.005048

 

$0.489012

Apr 5, 2023

 

$0.618500

 

$0.612233

 

$0.005073

 

$0.000000

 

$0.000000

 

$0.000000

 

$0.006267

 

$0.607160

Jul 6, 2023

 

$0.618500

 

$0.612233

 

$0.005073

 

$0.000000

 

$0.000000

 

$0.000000

 

$0.006267

 

$0.607160

Oct 5, 2023

 

$0.650000

 

$0.643413

 

$0.005331

 

$0.000000

 

$0.000000

 

$0.000000

 

$0.006587

 

$0.638082

Totals

 

$2.385146

 

$2.360977

 

$0.019563

 

$0.000000

 

$0.000000

 

$0.000000

 

$0.024169

 

$2.341414

(1)

 

Qualified Taxable Dividend and Section 199A Dividend are subsets of, and included in, Ordinary Taxable Dividend.

(2)

 

Unrecaptured Section 1250 Gain and Section 897 Capital Gain are subsets of, and included in, Total Capital Gain Distribution.

(3)

 

Cash distributions paid on January 5, 2023 with a record date of December 15, 2022 were $0.618500 per share, of which $0.120354 per share has been treated as a 2022 distribution and $0.498146 per share has been treated as a 2023 distribution for federal income tax purposes. Pursuant to Internal Revenue Code Section 857(b)(9), a portion of these distributions made in January were required to be included in the taxpayer's 2022 taxable income. The remaining amount is subject to taxation in 2023.

If you held common stock of Iron Mountain in your name at any time during 2023, an IRS Form 1099-DIV will be provided to you by Computershare, Iron Mountain’s transfer agent. If you held shares in “street name” during 2023, the IRS form provided by your bank, brokerage firm or nominee may report only the gross distributions paid to you. Therefore, you may need the information included in this press release to properly complete your federal tax return.

Please note that federal tax laws affect taxpayers differently, and we cannot advise you on how distributions should be reported on your federal income tax return. Please also note that state and local taxation of REIT distributions vary and may not be the same as the federal treatment.

About Iron Mountain

Iron Mountain (NYSE: IRM) is a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management. Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers’ work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

To learn more about Iron Mountain, please visit: www.IronMountain.com and follow @IronMountain on X (formerly Twitter) and LinkedIn.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

25 Italian Startups Will Be Present at Expand North Star 2024

Scheduled for October, the world's largest startup event will bring together more than 2,000 exhibitors in Dubai, UAE

Partitalia: Italian IoT innovation in San Francisco

The Italian IoT company is in the US for the second phase of CALL4INNOVIT

Sparkle works on environmentally sustainable content distribution

The Italian company partners with MainStreaming for high-performance, energy-efficient video streaming

Libraesva: being specialized is ok again in cybersecurity

Software vendors developing vertical solutions against specific attack vectors are 'cool' again. And when it comes to email security, all companies now…

Most read

New Zealand Buy Now Pay Later Business and Investment Opportunities Databook…

The "New Zealand Buy Now Pay Later Business and Investment Opportunities Databook - Q2 2024 Update" report has been added to ResearchAndMarkets.com's…

Kenya Buy Now Pay Later Business Report 2024: BNPL Payments to Grow by…

The "Kenya Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis,…

Median Technologies to host two webcasts on September 5, 2024

Regulatory News: Median Technologies (FR0011049824, ALMDT, PEA/SME eligible, “Median” or “The Company”) will host two live webcasts on September 5, 2024.…

Mark Lawyer Joins RWS’s Executive Team as President of Regulated Industries…

RWS, a unique, world-leading provider of technology-enabled language, content and intellectual property solutions, announces that Mark Lawyer has joined…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!