Instructions for Form 5227 (2008)

IRS Resources

Table of Contents

Capital Gains Distribution Worksheet

Use this worksheet to determine the ordering of any capital gains distributions

		Short-term	Long-term

			28% long-term	Section 1250	All other	Qualified 5-year
			capital gain class	long-term capital	long-term capital	long-term capital
				gain class	gain class	gain class
1.	Prior years undistributed gain or (loss)
2.	Current year net gain or (loss)
3.	Total combined gain or (loss) by class
4.	Adjustments for netting any long-term capital (losses) on line 3
5.	Total
6.	Adjustments for netting any short-term capital gain or (loss) on line 3 (see netting rules on page 11)
7.	Total undistributed gains
8.	2008 distributions
9.	Carryforward to 2009 (line 7 less line 8)

Ordinary Income Distribution Worksheet

Use this worksheet to determine the ordering of any ordinary income distributions

		All other ordinary income	Qualified dividends
1.	Prior years undistributed ordinary income or (loss)
2.	Current year ordinary income or (loss)
3.	Total combined ordinary income or (loss) by class
4.	Adjustments for netting any ordinary (losses) on line 3
5.	Total undistributed ordinary income
6.	2008 distributions
7.	Carryforward to 2009 (line 5 less line 6)

Prev	Up	Next
	Home