Type PLR Subject 6.01 - Distributions - Generally 6.07 - Distributions - Deficiency Dividends Keywords Deficiency Dividends Dividends-choice of stock or cash Elective Stock Dividends Year 2015 IRS Link https://www.irs.gov/pub/irs-wd/201536016.pdf Tax Report Link TaxReport (January 11, 2016) (2) Summary REIT’s deficiency dividend/elective stock distribution qualifies as dividend. Title PLR 201536016 Guidance Tags PLR - 201536016