I am preparing the fiduciary income tax return for a Trust.  I have to determine the amount and character of the income and expense items that each beneficiary must report. I do not need to include AMT comptutations.  The following information is available:

Dividend income, all US stocks   20,000

Taxable interest income             30,000

Tax-exempt interest income       10,000

fiduciary fees         &n bsp;         &n bsp;      6,000

The trust and beneficiary use the calendar tax year.  the fiduciary fees are allocated to income.  The trustee must distribute all fo the entity's accounting income to the beneficiary by Feb. 15th fo the following year.  No other distributions were made throughout the year.  the fiduciary fees properly were assigned as an offset to taxable interest income.  There were no tax credits for the year and none of the entitiys income was derived from a personal services contract.  The trust has no economic interest in any foreign trust. 

I need to determine the amount and character of income and expense items that each beneficiary must report in order to prepare the 1041. Any help would be appreciated.  Thanks!