Company: PRIF-PJ
Filing Date: 2025-08-28
Form Type: N-CSR
Source: 0001554625-25-000057
Chunk: 47

Company: Priority Income Fund, Inc.
Filing Date: 2025-08-28
Form: N-CSR
Chunk 47
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 total cost of $30,835,700.     |     |                                        |           |   |                                           |           |   |                                           |           |   |                                           |           |   |                                        |           |   |                                        |           |   |                                        |           |   |                            |            |   |

The following table summarizes the components of preferred dividend expense, effective dividend rates and cash paid on the Cumulative Preferred Stock for the year ended June 30, 2025:

|                                                                                                                          |     | Series K Cumulative Preferred Stock Due 2026 |           |   |
|:-------------------------------------------------------------------------------------------------------------------------|:----|:---------------------------------------------|----------:|:--|
| Fixed dividend expense(1)                                                                                                |     | $                                            | 2,800,000 |   |
| Amortization of deferred offering costs                                                                                  |     |                                              |         — |   |
| Amortization of discount                                                                                                 |     |                                              |         — |   |
| Total preferred dividend expense                                                                                         |     | $                                            | 2,800,000 |   |
| Effective dividend rate(2)                                                                                               |     |                                              |     7.000 | % |
| Cash paid for dividend                                                                                                   |     | $                                            | 2,800,000 |   |
| (1)Fixed dividend expense is composed of distributions declared and paid of $2,800,000 for the year ended June 30, 2025. |     |                                              |           |   |
| (2)Represents the effective rate for the series of Cumulative Preferred Stock as of June 30, 2025.                       |     |                                              |           |   |

#### Note 8. Income Taxes
The information presented in this footnote is based on our most recent tax year ended June 30, 2025.

For income tax purposes, distributions made to shareholders are reported as ordinary income, capital gains, non-taxable return of capital, or a combination thereof. The expected tax character of distributions declared and paid to common shareholders during the year ended June 30, 2025 was as follows:

|                                                 |     | Year Ended June 30, 2025: |            |
|:------------------------------------------------|:----|:--------------------------|-----------:|
| Ordinary income                                 |     | $                         | 20,347,938 |
| Return of capital                               |     |                           | 62,801,124 |
| Capital gain                                    |     |                           |          — |
| Total distributions paid