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Date incorporated Employer identification number Beginning of period inventory Purchases of inventory End of period inventory January 1, 2007 2007-57445 $3,200,000 $4,500,000 $2,000,000 Gross sales Returns and allowances $12,500,000 $200,000 Other Income: Royalties Dividends received $130,000 $240,000 Costs: Repairs $150,000 Advertising $700,000 Bad debts $35,000 Employee benefits $800,000 Salary and wages to company employees $3,200,000 Compensation of corporate officers $1,300,000 Interest paid on bonds $88,365 Charitable contributions $10,000 Rent paid $265,800 Estimated total tax paid in 4 installments of $17,250 to US government during 2018, so taxes paid = $69,000 1 2 Inventory at beginning of year 2 Purchases 3 Cost of labor Additional section 263A costs (attach schedule) Other costs (attach schedule) Total. Add lines 1 through 5. 3 $3,200,000 $4,500,000 $5,300,000 $1,115,800 $133,365 $14,249,165 4 5 6 1a b 1a 1b Income 1c 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Rents. Gross receipts or sales Returns and allowances. Balance. Subtract line 1b from line 1a 2 Cost of goods sold (attach Form 1125-A) 3 Gross profit. Subtract line 2 from line 1c. 4 Dividends and inclusions (Schedule C, line 23, column (a) 5 Interest 6 Gross rents 7 Gross royalties 8 Capital gain net income (attach Schedule D (Form 1120) 9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) 10 Other income (see instructions-attach statement) 11 Total income. Add lines 3 through 10 12 Compensation of officers (see instructions-attach Form 1125-E) 13 Salaries and wages (less employment credits) 14 Repairs and maintenance 15 Bad debts 16 17 Taxes and licenses 18 Interest (see instructions) 19 Charitable contributions 20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) 21 Depletion 22 Advertising 23 Pension, profit-sharing, etc., plans 24 Employee benefit programs 25 Reserved for future use. 26 Other deductions (attach statement) 27 Total deductions. Add lines 12 through 26 28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. 29a Net operating loss deduction (see instructions) 29a b Special deductions (Schedule C, line 24, column (c)) 29b c Add lines 29a and 29b 30 Taxable income. Subtract line 29c from line 28. See instructions 31 Total tax (Schedule J. Part I, line 11). 32 2018 net 965 tax liability paid (Schedule J, Part II, line 12) 33 Total payments, credits, and section 965 net tax liability (Schedule J, Part III, line 23) 34 Estimated tax penalty. See instructions. Check if Form 2220 is attached 35 Amount owed. If line 33 is smaller than the total of lines 31, 32, and 34, enter amount owed 36 Overpayment. If line 33 is larger than the total of lines 31, 32, and 34, enter amount overpaid 37 Enter amount from line 36 vou want: Credited to 2019 estimated tax Refunded Deductions (See instructions for limitations on deductions.) 22 23 24 25 26 27 28 29c 30 31 32 33 34 + Tax Refundabile Credits and Payments 35 36 37 al Dividends and inclusions th ic Special deductions al) Schedule C Dividends, Inclusions, and Special Deductions (see instructions) 1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed stock) 2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed 50 stock) 65 instructions 3 4 23.3 5 26.7 50 6 7 65 Dividends on certain debt-financed stock of domestic and foreign corporations Dividends on certain preferred stock of less-than-20%-owned public utilities Dividends on certain preferred stock of 20%-of-more-owned public utilities Dividends from less-than-20%-owned foreign corporations and certain FSCS Dividends from 20%-or-more-owned foreign corporations and certain FSC Dividends from wholly owned foreign subsidiaries Subtotal. Add lines 1 through 8. See instructions for limitations Dividends from domestic corporations received by a small business investment company operating under the Small Business Investment Act of 1958 Dividends from affiliated group members 8 100 instructions 9 10 100 11 100 12 100 13 100 Dividends from certain FSCS Foreign-source portion of dividends received from a specified 10%-owned foreign corporation (excluding hybrid dividends) (see instructions) Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or 13 (including any hybrid dividends) 14 soe instructions 15 100 Section 965(a) inclusion 16a Subpart F inclusions derived from the sale by a controlled foreign corporation (CFC) of the stock of a lower-tier foreign corporation treated as a dividend (attach Forms) 5471) (see instructions). Subpart F inclusions derived from hybrid dividends of tiered corporations (attach Forms) 5471) (see instructions) c Other inclusions from CFCs under subpart F not included on line 15, 162, 16b, or 17 (attach Form(s) 5471) (see instructions). Global Intangiblr Low-Taxed Income (GILTO (attach Forms 5471 and Form 8992) 17 18 Gross-up for foreign taxes deemed paid 19 IC-DISC and former DISC dividends not included on line 1, 2 or 3 20 Other dividends 21 Deduction for dividends paid on certain preferred stock of public utilities 22 23 Section 250 deduction (attach Form 8993) Total dividends and inclusions. Add lines 9 through 20. Enter here and on page 1. line 4 Total special deductions. Add lines 9 through 22 column.Cl. Enter here and on page 1. line 295 24 Form 1120 2018 1 3 2 3 4 5a 5b 5c 5d 6 7 8 6 7 8 9b 9c 9d Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Check if the corporation is a member of a controlled group (attach Schedule (Form 1120). See instructions 2 Income tax. See instructions Base erosion minimum tax (attach Form 8991) 4 Add lines 2 and 3 5a Foreign tax credit (attach Form 1118) b Credit from Form 8834 (see instructions) C General business credit (attach Form 3800) d Credit for prior year minimum tax (attach Form 8827) e Bond credits from Form 8912 5e Total credits. Add lines 5a through 5e Subtract line 6 from line 4 Personal holding company tax (attach Schedule PH (Form 11201) 9a Recapture of investment credit (attach Form 4255) 9a b Recapture of low-income housing credit (attach Form 8611) Interest due under the look back method-completed long-term contracts (attach Form 8697). d Interest due under the look back method --income forecast method (attach Form 8866) . Alternative tax on qualifying shipping activities (attach Form 8902) 9e 1 Other (see instructions-attach statement) 91 10 Total. Add lines sa through 91 11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 Part II-Section 965 Payments (see instructions) 12 2018 net 965 tax liability paid from Form 965-B, Part II, column (k), line 2. Enter here and on page 1, line 32 Part III-Payments, Refundable Credits, and Section 965 Net Tax Liability 13 2017 overpayment credited to 2018 14 2018 estimated tax payments 15 2018 refund applied for on Form 4466 16 Combine lines 13, 14, and 15 17 Tax deposited with Form 7004 18 Withholding (see instructions) 19 Total payments. Add lines 16, 17, and 18 20 Refundable credits from: a Form 2439 b Form 4136 20b c Form 8827, line 8c 200 d Other (attach statement-see instructions) 20d 21 Total credits. Add lines 20a through 20d. 22 2018 net 965 tax liability from Form 965-B, Part I, column (d), line 2. See instructions Total payments, credits, and section 965 net tax liability. Add lines 19, 21, and 22. Enter here and on page 1 line 33 10 11 12 13 14 15 16 17 18 19 20a 21 22 23 23 Form 112012018 Date incorporated Employer identification number Beginning of period inventory Purchases of inventory End of period inventory January 1, 2007 2007-57445 $3,200,000 $4,500,000 $2,000,000 Gross sales Returns and allowances $12,500,000 $200,000 Other Income: Royalties Dividends received $130,000 $240,000 Costs: Repairs $150,000 Advertising $700,000 Bad debts $35,000 Employee benefits $800,000 Salary and wages to company employees $3,200,000 Compensation of corporate officers $1,300,000 Interest paid on bonds $88,365 Charitable contributions $10,000 Rent paid $265,800 Estimated total tax paid in 4 installments of $17,250 to US government during 2018, so taxes paid = $69,000 1 2 Inventory at beginning of year 2 Purchases 3 Cost of labor Additional section 263A costs (attach schedule) Other costs (attach schedule) Total. Add lines 1 through 5. 3 $3,200,000 $4,500,000 $5,300,000 $1,115,800 $133,365 $14,249,165 4 5 6 1a b 1a 1b Income 1c 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Rents. Gross receipts or sales Returns and allowances. Balance. Subtract line 1b from line 1a 2 Cost of goods sold (attach Form 1125-A) 3 Gross profit. Subtract line 2 from line 1c. 4 Dividends and inclusions (Schedule C, line 23, column (a) 5 Interest 6 Gross rents 7 Gross royalties 8 Capital gain net income (attach Schedule D (Form 1120) 9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) 10 Other income (see instructions-attach statement) 11 Total income. Add lines 3 through 10 12 Compensation of officers (see instructions-attach Form 1125-E) 13 Salaries and wages (less employment credits) 14 Repairs and maintenance 15 Bad debts 16 17 Taxes and licenses 18 Interest (see instructions) 19 Charitable contributions 20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) 21 Depletion 22 Advertising 23 Pension, profit-sharing, etc., plans 24 Employee benefit programs 25 Reserved for future use. 26 Other deductions (attach statement) 27 Total deductions. Add lines 12 through 26 28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. 29a Net operating loss deduction (see instructions) 29a b Special deductions (Schedule C, line 24, column (c)) 29b c Add lines 29a and 29b 30 Taxable income. Subtract line 29c from line 28. See instructions 31 Total tax (Schedule J. Part I, line 11). 32 2018 net 965 tax liability paid (Schedule J, Part II, line 12) 33 Total payments, credits, and section 965 net tax liability (Schedule J, Part III, line 23) 34 Estimated tax penalty. See instructions. Check if Form 2220 is attached 35 Amount owed. If line 33 is smaller than the total of lines 31, 32, and 34, enter amount owed 36 Overpayment. If line 33 is larger than the total of lines 31, 32, and 34, enter amount overpaid 37 Enter amount from line 36 vou want: Credited to 2019 estimated tax Refunded Deductions (See instructions for limitations on deductions.) 22 23 24 25 26 27 28 29c 30 31 32 33 34 + Tax Refundabile Credits and Payments 35 36 37 al Dividends and inclusions th ic Special deductions al) Schedule C Dividends, Inclusions, and Special Deductions (see instructions) 1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed stock) 2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed 50 stock) 65 instructions 3 4 23.3 5 26.7 50 6 7 65 Dividends on certain debt-financed stock of domestic and foreign corporations Dividends on certain preferred stock of less-than-20%-owned public utilities Dividends on certain preferred stock of 20%-of-more-owned public utilities Dividends from less-than-20%-owned foreign corporations and certain FSCS Dividends from 20%-or-more-owned foreign corporations and certain FSC Dividends from wholly owned foreign subsidiaries Subtotal. Add lines 1 through 8. See instructions for limitations Dividends from domestic corporations received by a small business investment company operating under the Small Business Investment Act of 1958 Dividends from affiliated group members 8 100 instructions 9 10 100 11 100 12 100 13 100 Dividends from certain FSCS Foreign-source portion of dividends received from a specified 10%-owned foreign corporation (excluding hybrid dividends) (see instructions) Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or 13 (including any hybrid dividends) 14 soe instructions 15 100 Section 965(a) inclusion 16a Subpart F inclusions derived from the sale by a controlled foreign corporation (CFC) of the stock of a lower-tier foreign corporation treated as a dividend (attach Forms) 5471) (see instructions). Subpart F inclusions derived from hybrid dividends of tiered corporations (attach Forms) 5471) (see instructions) c Other inclusions from CFCs under subpart F not included on line 15, 162, 16b, or 17 (attach Form(s) 5471) (see instructions). Global Intangiblr Low-Taxed Income (GILTO (attach Forms 5471 and Form 8992) 17 18 Gross-up for foreign taxes deemed paid 19 IC-DISC and former DISC dividends not included on line 1, 2 or 3 20 Other dividends 21 Deduction for dividends paid on certain preferred stock of public utilities 22 23 Section 250 deduction (attach Form 8993) Total dividends and inclusions. Add lines 9 through 20. Enter here and on page 1. line 4 Total special deductions. Add lines 9 through 22 column.Cl. Enter here and on page 1. line 295 24 Form 1120 2018 1 3 2 3 4 5a 5b 5c 5d 6 7 8 6 7 8 9b 9c 9d Schedule J Tax Computation and Payment (see instructions) Part I-Tax Computation Check if the corporation is a member of a controlled group (attach Schedule (Form 1120). See instructions 2 Income tax. See instructions Base erosion minimum tax (attach Form 8991) 4 Add lines 2 and 3 5a Foreign tax credit (attach Form 1118) b Credit from Form 8834 (see instructions) C General business credit (attach Form 3800) d Credit for prior year minimum tax (attach Form 8827) e Bond credits from Form 8912 5e Total credits. Add lines 5a through 5e Subtract line 6 from line 4 Personal holding company tax (attach Schedule PH (Form 11201) 9a Recapture of investment credit (attach Form 4255) 9a b Recapture of low-income housing credit (attach Form 8611) Interest due under the look back method-completed long-term contracts (attach Form 8697). d Interest due under the look back method --income forecast method (attach Form 8866) . Alternative tax on qualifying shipping activities (attach Form 8902) 9e 1 Other (see instructions-attach statement) 91 10 Total. Add lines sa through 91 11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 Part II-Section 965 Payments (see instructions) 12 2018 net 965 tax liability paid from Form 965-B, Part II, column (k), line 2. Enter here and on page 1, line 32 Part III-Payments, Refundable Credits, and Section 965 Net Tax Liability 13 2017 overpayment credited to 2018 14 2018 estimated tax payments 15 2018 refund applied for on Form 4466 16 Combine lines 13, 14, and 15 17 Tax deposited with Form 7004 18 Withholding (see instructions) 19 Total payments. Add lines 16, 17, and 18 20 Refundable credits from: a Form 2439 b Form 4136 20b c Form 8827, line 8c 200 d Other (attach statement-see instructions) 20d 21 Total credits. Add lines 20a through 20d. 22 2018 net 965 tax liability from Form 965-B, Part I, column (d), line 2. See instructions Total payments, credits, and section 965 net tax liability. Add lines 19, 21, and 22. Enter here and on page 1 line 33 10 11 12 13 14 15 16 17 18 19 20a 21 22 23 23 Form 112012018