Are there any additional instructions on this?
The amount of capital gain dividends from a RIC or REIT has two options under the final regulations. The default is that the 180-day clock does not begin until the last day of the shareholders' tax year, otherwise a taxpayer may use a 180-day clock beginning on the date of receipt. Note that the application of the final regulations before their enactment date requires relying fully on the new guidance.
DISCLAIMER:the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.