Currency Gain / Loss

[Guest AJ Milano]

I am preparing a Form 5500 for an ERISA account that has Foreign Investments.

My question is : On Shcedule H, Financial Information, where would I record the amount for Currency Gain / Loss?

I do not see a seperate line item for it. On Part II of Schedule H, section b(4)(A) records the Aggregate Proceeds, and section b(4)(B) records the Aggregate carrying amount. However, I do not see anything for Currency Gain / Loss.

Any help will be appreciate. Thank you.

Anthony Milano

[RCK]

Since you have not gotten a response on your question yet, I'll jump in.

I don't see any reason to differentiate a currency gain/loss from a market gain/loss. And if I did see a philosophical difference, I don't see any place on the 5500 to show it.

RCK