The tax characterization to shareholders with respect to the distribution of dividends on shares of Class A Common Stock, par value $0.01 per share, ("Common Stock") of Arlington Asset Investment Corp. will be determined after the end of the calendar year and will be reported to shareholders on Form 1099-DIV.
The Internal Revenue Service requires Form 8937 to be provided to shareholders when an organizational action affects the shareholder’s basis in the Company’s common stock, such as a nontaxable cash distribution to shareholders. For the 2014, 2015, 2016, 2017 and 2018 tax years, a portion of the cash distributions on the Company’s common stock should be treated as nontaxable return of capital. Below is a copy of the Company’s Form 8937 for each of the tax years detailing the amount of cash distributions that should be treated as a nontaxable return of capital.
The information contained herein and the attachment does not constitute tax advice and does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. Shareholders are urged to consult their own tax advisor regarding the particular consequences of the distributions to them, including the applicability and effect of U.S. federal, state, local and foreign tax laws.