Section 05 - Field Descriptions

Section 05 Fields are located in Form 5227, Schedule A.

Listed Below are the Fields contained in Section 05 including Field Designator, title, and location on the return.

No.

Field

Title

Location

Field Length

05BA1

Accumulated Distributable Excluded Income

Part I, Line 2b(a)

12

05BA2

Accumulated Distributable NII Income

Part I, Line 2b(a)

12

05BB1

Accumulated Capital Gains Excluded Income

Part I, Line 2b(b)

12

05BB2

Accumulated Capital Gains NII income

Part I, Line 2b(b)

12

05BC1

Accumulated Nontaxable Excluded Income

Part I, Line 2b(c)

12

05BC2

Accumulated Nontaxable NII Income

Part I, Line 2b(c)

12

053A1

Accumulated Undistributed Excluded Income

Part I, Line 3(a)

12

053A2

Accumulated Undistributed NII Income

Part I, Line 3(a)

12

053B1

Accumulated Undistributed Capital Gains NII Income

Part I, Line 3(b)

12

053B2

Accumulated Undistributed Capital Gain NII Income

Part I, Line 3(b)

12

053C1

Accumulated Undistributed Nontaxable Excluded Income

Part I-A, line 3(c) non-taxable excluded income

12

053C2

Accumulated Undistributed Nontaxable NII Income

Part I, Line 3(c)

12

054B

Simplified Net Current Year NII

Part II, Line 1(b)

12

054C

Simplified Net Distributions

Part II, Line 1(c)

12

054D

Simplified Net Ending NII

Part II, Line 1(d)

12

056

Additional assets Contributed

Part V, Line 1

1

057DC

Total Fair Market Value of Assets

Part V, Line 4

12

058

Early Termination Agreement signed

Part V, line 5

1

Invalid Conditions:

Dollar Amount Fields are invalid if they are not all numeric or blank. For Yes/No Questions the following codes are appropriate:

Code 1 - if the "yes" box is checked.

Code 2 - if the "no" box is checked.

Blank - if not applicable or neither box is checked or both boxes checked or not answered because it is related to another question.

Correction Procedures:

Correct any coding or transcription errors.

Do not correspond if questions are not answered, leave blank.

Correct any coding or transcription errors

If a Field which is invalid for a Form 5227 display, delete the Field.