JohnW152 (Expert),
Thankyou for your response to my question. Please clarify the slight contrast between your first sentence.
You said, "Gross Income Sourced at Beneficiary Level: US Sourced Income doesn't necessarily mean Box 2a plus Box 14 Code A."
And your last paragraph,
You said, "Gross income would include your tax-exempt interest, presumably in the U.S. Source Income category...".
1) When would my Trust 's tax-exempt interest income (Box 14 code A) ever ("not necessarily") not be included in my total gross income for the purpose of calculating the allowable foreign tax credit?
2) I tried to research this on the internet outside of the TT forums with not success. I am curious how did you learn the answer to this question I asked. How would I read more for my own curiosity and educational improvement about how the IRS defined gross income for my trust that includes or excludes something like tax exempt interest income. I imagine it took you years to acquire all your knowledge but I would like to learn how to research details like this that don't easily show up on a Google Search.
Thanks again for your help.
