Independence Realty Trust Announces Tax Treatment of Dividends in 2023

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PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today announced the tax status of 2023 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #45378A106)

Record Date

Payment Date

Distribution Per Share

Ordinary Dividend

Total Capital Gain Distr.

Unrecap- tured Sec. 1250 Gain

Section 897 Capital Gain

Return of Capital

Section 199A

3/31/23

4/21/23

$0.14000

$0.03647

$0.10353

$0.05599

$0.10353

$0.00000

$0.03647

6/30/23

7/21/23

$0.16000

$0.04168

$0.11832

$0.06399

$0.11832

$0.00000

$0.04168

9/29/23

10/20/23

$0.16000

$0.04168

$0.11832

$0.06399

$0.11832

$0.00000

$0.04168

12/29/23

1/19/24

$0.16000

$0.04168

$0.11832

$0.06399

$0.11832

$0.00000

$0.04168

Total

$0.62000

$0.16151

$0.45849

$0.24796

$0.45849

$0.00000

$0.16151

Pursuant to Treas. Reg. § 1.1061-6(c), IRT reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 on each payment date with respect to direct and indirect holders of “applicable partnership interests.”

IRT encourages shareholders to consult with their personal tax advisors with respect to the federal, state, and local income tax effects of these dividends.

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Company’s website www.irtliving.com.

Independence Realty Trust, Inc. Edelman Smithfield Lauren Torres 917-365-7979 IRT@edelman.com

Source: Independence Realty Trust, Inc.

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