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LinnCo, LLC Announces The Estimated Tax Characteristics Of 2013 Cash Distributions

Stocks in this article: LNCO

HOUSTON, Jan. 15, 2014 (GLOBE NEWSWIRE) -- LinnCo, LLC (Nasdaq:LNCO) and LINN Energy, LLC (Nasdaq:LINE) announced today the estimated federal income tax characteristics of its 2013 cash distributions to holders of its common shares. The table below describes the distributions made by the company in 2013 and the estimated reporting of such payments on United States Internal Revenue Service ("IRS") Form 1099-DIV. The company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Form 1099s to their account holders. The final determination of the tax characteristics of 2013 cash distributions is not expected to be made until mid-March 2014, and at that time the company will announce the final tax characteristics and post the corrected Form 8937 (if applicable).

LinnCo, LLC – Common Shares (CUSIP: 535782-10-6)

Record Date Payment Date Cash  Distribution (per share) Percentage  Reported as Total Ordinary Dividends in Box 1a of Form 1099-DIV Percentage Reported as Qualified Dividends in Box 1b of Form 1099-DIV Percentage Reported as Nondividend Distributions in Box 3 of Form 1099-DIV
2/7/2013 2/15/2013 $0.71 0% 0% 100%
5/8/2013 5/16/2013 $0.725 0% 0% 100%
7/10/2013 7/16/2013 $0.2416 0% 0% 100%
8/12/2013 8/15/2013 $0.2416 0% 0% 100%
9/10/2013 9/16/2013 $0.2416 0% 0% 100%
10/11/2013 10/18/2013 $0.2416 0% 0% 100%
11/11/2013 11/15/2013 $0.2416 0% 0% 100%
12/12/2013 12/18/2013 $0.2416 0% 0% 100%
Total 2013   $2.8846 0% 0% 100%

In accordance with IRS Code Section 6045B, the Company has posted Form 8937, Report of Organizational Actions Affecting Basis of Securities, which can be found at This form provides detailed information on the return of capital portion of the common share distributions.

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of LinnCo cash distributions. For additional information, contact LinnCo's Investor Relations Department. 

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