Business Wire | Jan 27, 2022 04:05PM EST

Independence Realty Trust Announces Tax Treatment of Dividends in 2021

Jan. 27, 2022

PHILADELPHIA--(BUSINESS WIRE)--Jan. 27, 2022--Independence Realty Trust, Inc. ("IRT") (NYSE: IRT) today announced the tax reporting information for the 2021 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares (CUSIP #45378A106)

Total Unrecap- SectionRecord Payment Distribution Ordinary Capital tured 897 Return SectionDate Date Per Share Dividend Gain Sec. Capital of 199A Distr. 1250 Gain Capital Gain

12/30/ 1/22/21 $0.12000 $0.00000 $0.12000 $0.01903 $0.12000 $0.00000 $0.0000020

4/2/21 4/23/21 $0.12000 $0.00000 $0.12000 $0.01903 $0.12000 $0.00000 $0.00000

7/2/21 7/23/21 $0.12000 $0.00000 $0.12000 $0.01903 $0.12000 $0.00000 $0.00000

10/1/ 10/22/ $0.12000 $0.00000 $0.12000 $0.01903 $0.12000 $0.00000 $0.0000021 21

12/15/ 1/14/22 $0.09913 $0.00000 $0.09913 $0.01572 $0.09913 $0.00000 $0.0000021

12/30/ 1/21/22 $0.02087 $0.00000 $0.02087 $0.00331 $0.02087 $0.00000 $0.0000021

Pursuant to Treas. Reg. ? 1.1061-6(c), the Company reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 on each payment date with respect to direct and indirect holders of "applicable partnership interests."

IRT encourages shareholders to consult with their personal tax advisors with respect to the federal, state, and local income tax effects of these dividends.

About Independence Realty Trust, Inc.

Independence Realty Trust (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties in 122 communities across non-gateway U.S. markets, including Atlanta, Dallas, Columbus, Louisville, Denver, Indianapolis, Oklahoma City, Houston, Raleigh and Memphis. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return of capital through distributions and capital appreciation. More information may be found on the Company's website www.irtliving.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005972/en/

CONTACT: Independence Realty Trust, Inc. Edelman Financial Communications & Capital Markets Ted McHugh and Lauren Torres 917-365-7979 IRT@edelman.com