BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2020 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Common Shares – CUSIP number 46590V100

			Distribution Per Share								2020 Tax Treatment

			Total
Record Date	Payable Date	Ex-Dividend Date	Total		Taxable in 2019		Taxable in 2020		Taxable in 2021		Total Ordinary Dividends		Qualified Dividends		Total Capital Gains Distributions		Unrecap. Section 1250 Gain		Section 199A Dividends
Form 1099-DIV Box:											1a		1b¹		2a		2b²		5¹
12/27/2019	01/08/2020	12/26/2019	$	0.225	$	0.000	$	0.225	$	0.000	$	0.135	$	0.000	$	0.090	$	0.000	$	0.135
5/13/2020	05/27/2020	05/12/2020	$	0.225	$	0.000	$	0.225	$	0.000	$	0.135	$	0.000	$	0.090	$	0.000	$	0.135
8/13/2020	08/27/2020	08/12/2020	$	0.225	$	0.000	$	0.225	$	0.000	$	0.135	$	0.000	$	0.090	$	0.000	$	0.135
11/13/2020	11/30/2020	11/12/2020	$	0.225	$	0.000	$	0.225	$	0.000	$	0.135	$	0.000	$	0.090	$	0.000	$	0.135
12/28/2020	01/11/2021	12/24/2020	$	0.225	$	0.000	$	0.000	$	0.225	$	0.000	$	0.000	$	0.000	$	0.000	$	0.000

Totals:			$	1.125		0.000	$	0.900	$	0.225	$	0.540	$	0.000	$	0.360	$	0.000	$	0.540

About JBG SMITH

JBG SMITH is an S&P 400 company that owns, operates, invests in, and develops a dynamic portfolio of high-quality mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it now serves as the exclusive developer for Amazon’s new headquarters. JBG SMITH’s operating portfolio currently comprises approximately 20.7 million square feet of high-quality office, multifamily and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing approximately 17.1 million square feet of mixed-use development opportunities. For more information on JBG SMITH please visit www.jbgsmith.com.

_________________________________
¹ These amounts, if any, are a subset of, and included in, Total Ordinary Dividends (Box 1a)
² Unrecaptured Section 1250 Gain, if any, is a subset of, and included in, Total Capital Gain Distributions (Box 2a)

JBG SMITH Reports Taxable Composition of 2020 Distributions