Updated: Mar 3
Qualified REIT/PTP component equals 20% of the qualified REIT dividends and qualified PTP income or loss, which includes the taxpayer’s share of:
PTP income or loss from relevant pass-through entities (RPEs)
Qualified REIT Dividends
Qualified REIT dividends include dividends received from a real estate investment trust that meets all the following:
Were held in excess of 45-days
For which the payment is not obligated to someone else
Isn’t a capital gain dividend under section 857(b)(3)
Isn’t a qualified dividend under section 1(h)(11).
In addition, include qualified REIT dividends received from a regulated investment company (RIC).