As of September 1, 2023, FE estimates that approximately 100% of distributions made during 2023 will be treated as return of capital for federal income tax purposes. See the Forms below for additional information. Final tax reporting for 2023 distributions will occur on Form 1099-DIV, which will be issued in January 2024.
As of December 31, 2022, FE estimates that approximately 100% of distributions made during 2022 will be treated as return of capital for federal income tax purposes. See the Forms below for additional information. Final tax reporting for 2022 distributions will occur on Form 1099-DIV, which will be issued in January 2023.
As of December 31, 2021, FE estimates that 100% of distributions made during 2021 will be treated as return of capital for federal income tax purposes. See the Forms below for additional information. Final tax reporting for 2021 distributions will occur on Form 1099-DIV, which will be issued in January 2022.
For U.S. federal income tax purposes only, 100% of the March 1, 2020, June 1, 2020, September 1, 2020, and December 1, 2020 distributions by FE to its shareholders are classified under the U.S. Internal Revenue Code as a nontaxable return of capital and reduction of a shareholder’s tax basis, to the extent of a shareholder’s tax basis in each of its FE common shares, with any remaining amount being taxed as gain.
You should consult your tax advisor regarding the applicable tax consequences to you in
connection with any of these distributions under the laws of the United States (federal, state
and local), and any other applicable non-U.S. jurisdiction.
For U.S. federal income tax purposes only, the March 1, 2019 and June 1, 2019 distributions by FE to its
shareholders are classified under the U.S. Internal Revenue Code as taxable dividends.
For U.S. federal income tax purposes only, approximately 45% of the September 1, 2019 distribution by FE
to its shareholders is classified under the U.S. Internal Revenue Code as a nontaxable return of capital
and reduction of a shareholder’s tax basis, to the extent of a shareholder’s tax basis in each of its FE
common shares, with any remaining amount being taxed as gain.
For U.S. federal income tax purposes only, 100% of the December 1, 2019 distribution by FE to its
shareholders is classified under the U.S. Internal Revenue Code as a nontaxable return of capital
and reduction of a shareholder’s tax basis, to the extent of a shareholder’s tax basis in each of
its FE common shares, with any remaining amount being taxed as gain.