On Jan 13, 2:08 pm, "buschnotb...[at]yahoo.com" <buschnotb...[at]yahoo.comwrote:

- quote -

Ordinary income would be interest and dividends. Are you talking
about how to calculate exchange rates? If so, see

http://groups.google.com/group/misc....1c8a4398546b7#

Hopefully my response will appear there soon.

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For a foreign trust distribution, form 3520 includes some sections
which can only be utilized if the beneficiary has received a Foreign
Nongrantor Trust Beneficiary Statement from the trustee. The
statement indicates the amount of ordinary income and capital gains.

How are these amounts calculated? Are there any published guidelines
on how to calculate the amounts?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >