A
res Commercial Real Estate Corporation (NYSE: ACRE) announced the 2024 tax treatment for its common stock distributions. The information is as follows:
**Form 1099 Reference**
| Box | Description |
| --- | --- |
| 1a | Total Ordinary Dividends |
| 1b | Qualified Dividends |
| 2a | Total Capital Gain Distributions |
| 3 | Nondividend Distributions |
| 5 | Section 199A Dividends |
**Record and Payment Dates**
| Date | Cash Distribution Per Share | Allocable to 2024 | Ordinary Dividends | Qualified Dividends (1) | Total Capital Gain Distributions | Nondividend Distributions | Section 199A Dividends |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 12/29/2023 | $0.3300(2) | - | - | - | - | - | - |
| 1/17/2024 | - | - | - | - | - | - | - |
| 3/28/2024 | $0.2500 | $0.0000 | $0.2500 | $0.2242 | $0.0000 | $0.0258 | $0.2242 |
| 4/16/2024 | - | - | - | - | - | - | - |
| 6/28/2024 | $0.2500 | $0.0000 | $0.2500 | $0.2242 | $0.0000 | $0.0258 | $0.2242 |
| 7/16/2024 | - | - | - | - | - | - | - |
| 9/30/2024 | $0.2500 | $0.0000 | $0.2500 | $0.2242 | $0.0000 | $0.0258 | $0.2242 |
| 10/15/2024 | - | - | - | - | - | - | - |
| 12/31/2024 | $0.2500(3) | - | - | - | - | - | - |
**Totals**
* Total Ordinary Dividends: $0.7500
* Qualified Dividends (1): $0.6726
* Total Capital Gain Distributions: $0.0000
* Nondividend Distributions: $0.0000
* Section 199A Dividends: $0.0774
(1) Boxes 1b and 5 are subsets of, and included in, Box 1a.
(2) The entire distribution of $0.3300 per share was treated as taxable in 2023 pursuant to Section 857(b)(9) of the Internal Revenue Code.
(3) The entire distribution of $0.2500 per share is allocable to 2025.
Stockholders are encouraged to consult with their own tax advisors for specific guidance on the tax treatment of Ares Commercial Real Estate Corporation's distributions.
Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. The Company provides financing solutions for commercial real estate owners and operators through its national direct origination platform.
