To all you investors of IRBInvit, I had a question around recording the distribution from IRBInvit. As per the distribution, it is split between interest and repayment of capital. Further in the FAQ on the IRBInvit website it doesn’t clearly state how should one treat the “capital repayment” part. I understand that the interest component is taxed at the tax bracket of the investor. How should capital repayment be treated? As per my understanding based on the link below repayment of capital is supposed to be a pass through and not taxed at tax bracket of investor.
Any help of the same would be appreciated. Thank you.
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