How does the 180-day rule apply if a taxpayer received capital gain dividends from a Regulated Investment Company (RIC) or a Real Estate Investment Trust (REIT)?
For RIC or REIT capital gain dividends, the taxpayer can choose to begin the 180-day period on either:
- The last day of your taxable year in which they would otherwise recognize thecapital gain dividend; or
- The date of the dividend distribution