2019 Non-taxable Dividend

It is tax season and Choggiung has encountered and administrative error that sent out 1099’s for shareholders that received a dividend in 2019. These 1099’s were sent in error and a corrected 1099 will be sent in its place.

In the meantime, Chogggiung shareholders do not need to report this income when filing 2019 income taxes. Since the 2019 dividend was paid from the Choggiung, Limited Settlement Trust, the dividend is non-taxable to shareholders.

Please check back for an update as to when you might receive corrected 1099’s and who you can contact to follow up. We appreciate your patience as we work through correcting this error.

Tish Olson