Can you fill only forms 8582, 4562, 1040 lines 16- 37, and 1040 schedule 2 using the following information.

George and Nita Amberson Accounting 2144 Practice Set #2 This second practice set is worth 45 points. Requirements are to complete form 104D up to line 15 and the following forms: Schedule A Schedule B Schedule C Schedule D Schedule E Schedule SE Form 8949 Schedule 1 All line numbers and check figures are related to 2'32: IRS forms. There will he offered 10 points of extra credit for the completion of the following forms: Form 3582 Form 4552 Form 10412] Lines 163? Schedule 2 Partial extra credit is available if you do not complete all four forms. O CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP | 1a Total ordinary dividends OMB No. 1545-01 10 or foreign postal code, and telephone no. Interworld Growth Fund $ 200 - Form 1099-DIV Dividends and 1b Qualified dividends (Rev. January 2022) Distributions 300 West Pershing For calendar year $ 150- 20 Kansas City, MO 64108 20 Total capital gain distro 2b Unrecap. Sec. 1250 gain 700 - Copy B PAYER'S TIN RECIPIENT'S TIN For Recipient 20 Section 1202 gain 2d Collectibles (28%) gain 74-6678001 460- 30- 2020 20 Section 897 ordinary dividends 2f Section 897 capital gain $ RECIPIENT'S name Nondividend distributions Federal income tax withheld Nila Amberson $ This is important tax information and is Section 199A dividends 6 Investment expenses being fumished to Street address (including apt. no.] the IRS. If you are required to file a 315 West Ave 7 Foreign fax paid 8 Foreign country or U.S. possession eturn, a negligence penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code $ imposed on you if Temple, TX 76501 9 Cash liquidation distributions this income is taxable 10 Noncash liquidation distributions and the IRS $ determines that it has 11 FATCA filing 12 Exempt-interest dividends| 13 Specified private activity not been reported. requirement bond interest dividends $ Account number (see instructions) 14 State 15 State Identification no 16 State tax withheld Form 1099-DIV (Rev. 1-2022) (keep for your records) www.irs.gowForm1099DIV Department of the Treasury - Internal Revenue ServiceCORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP Payer's RTN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no., First National Bank of Temple Form 1099-INT Interest 1700 East Ave Interest income (Rev. January 2022) Income $ 6000 - For calendar year Temple, TX 76502 20 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN For Recipient Interest on U.S. Savings Bonds and Treasury obligations 74- 676 7005 448- 56-2301 RECIPIENT'S name 4 Federal income tax withheld 5 Investment expenses This is important tax George + Nila Amberson S information and is 6 Foreign tax paid 7 Foreign country or U.S. possession being fumished to the IRS. If you are Street address (including apt. no.) required to file a 315 West Ave B Tax-exempt Interest 9 Specified private activity bond return, a negligence Interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code S imposed on you if Temple, TX 765 0/ 10 Market discount 11 Bond premium this income is taxable and the IRS determines that it has FATCA filing |$ not been reported. requirement 12 Bond premium on Treasury obligations | 13 Bond premium on tax exempt bond S $ Account number (see instructions) 14 Tax-exempt and tax credit 15 State 16 State identification no. |17 State tax withheld bond CUSIP no. S Form 1099-INT (Rev. 1-2022) (keep for your records) www.irs.gow/Form1099INT Department of the Treasury - Internal Revenue ServiceCORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP | Payer's ATN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no. Mc Lennan County Savings +Loan Form 1099-INT Interest Interest income (Rev. January 2022) Income 1900 East Ave. 100 For calendar year 20 Temple , TX 76502 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN S For Recipient 3 Interest on U.S. Savings Bonds and Treasury obligation 74- 2345889 460- 30 - 2020 RECIPIENT'S name 4 Federal income tax withheld 5 Investment expenses This is important tax Nila Amberson S information and is 7 Foreign country or U.S. possession being furnished to the 6 Foreign tax paid IRS. If you are Street address (including apt. no.) required to file a 315 West Ave 8 Tax-exempt interest 9 Specified private activity bond return, a negligence interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code S $ Imposed on you if Temple, TX 7650/ 10 Market discount 11 Bond premium this income is taxable and the IRS determines that it has FATCA filing |$ not been reported. requirement | 12 Bond premium on Treasury obligations | 13 Bond premium on tax exempt bond S Account number (see instructions) 14 Tax-exempt and tax credit 15 State 16 State identification no. 17 State tax withheld bond CUSIP no. IS Form 1099-INT (Rev. 1-2022) (keep for your records) www.irs.gow/Form1099INT Department of the Treasury - Internal Revenue ServiceCORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP | Payer's RTN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no. microsoft, Inc Form 1099-INT Interest 1 Interest income (Rev. January 2022) Income 303 Jackson St 175- For calendar year $ 20 Seattle, WA 98104 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN $ For Recipient 3 Interest on U.S. Savings Bonds and Treasury obligations 76- 1/6 7838 460-30-2020 S RECIPIENT'S name 4 Federal income tax withheld 5 Investment expenses This is important tax Nila Amberson information and is 6 Foreign tax paid 7 Foreign country or U.S. possession being furnished to the IRS. If you are Street address (including apt. no.) required to file a 315 West Ave 8 Tax-exempt interest 9 Specified private activity band return, a negligence Interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code imposed on you if Temple TX 76501 10 Market discount 11 Bond premium this income is taxable and the IRS determines that it has FATCA filing $ SS not been reported. requirement 12 Bond premium on Treasury obligatons 13 Bond premium on tax exempt band O $ Account number (see instructions) 14 Tax-exempt and tax credit 15 State 16 State identification no. |17 State tax withheld bond CUSIP no. Form 1099-INT (Rev. 1-2022) (keep for your records) www.irs.gow/Form1099INT Department of the Treasury - Internal Revenue Service2.6 Other Investments: A. George is a general partner of Harrison Tubulars, LP. He owns a 15 percent interest in the partnership. He devoted 200 hours to the operation of the partnership. The three other partners contributed 140, 420 and 80 hours respectively. His basis in his partnership interest at the beginning of 2022 was $44,000. His Form K-1 from Harrison Tubulars is attached. B. George is a shareholder of Amberson Brothers, Inc., an S corporation. He owns 20 percent of all shares in the corporation. George devoted only 100 hours to the operation of the corporation. The other shareholder contributed only 40 hours to the corporation. The corporation has no employees. His basis in his stock at the beginning of 2022 was $25,000. His Form K-1 from Amberson Brothers, Inc. is attached. 2.7 Other Income: A. The Ambersons received the following: Nila received a 1948 Oldsmobile automobile as a late wedding gift from Uncle Victor. The Oldsmobile was purchased for $12,000 in 1985, but was worth $28,000 at the time of the gift. George won $1,700 in a poker game. He had no gambling losses during the year. . George inherited $2,000 from his grandmother. Nila was paid $140 in jury duty fees. Nila received the "Outstanding Professor in English Award" from Howard Payne University. She received $200 as part of the award. This cash prize was included on her Form W-2 received from Howard Payne University. EXPENSES 3.1 Medical Expenses: The Ambersons paid the following unreimbursed medical-related expenses: . Medical insurance premium on George $3,800 . Psychiatrist for Nila 2,500 . Weight reduction clinic for George 1,600 . Ambulance services for Killian 400651121 Final K-1 Amended K-1 OMB No. 1545-0123 Schedule K-1 (Form 1065) 2022 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Department of the Treasury Ordinary business income (loss) 14 Self-employment earnings (loss) Internal Revenue Service For calendar year 2022, or tax year 3000- > beginning 2022 ending 2 Net rental real estate income (loss) Partner's Share of Income, Deductions, 3 Other net rental income (loss) 15 Credits Credits, etc. See separate instructions. Part I Information About the Partnership 4a Guaranteed payments for services Partnership's employer identification number 74 - 25 45 890 4b Guaranteed payments for capital 16 Schedule K-3 is attached if B Partnership's name, address, city, state, and ZIP code checked . 0 Harrison Tubulars 4c Total guaranteed payments 17 Alternative minimum tax (AMT) items 8oo w. washington Ave Interest income marshall TX 76504 C IRS center where partnership filed return: Ogden UT 6a Ordinary dividends D )Check if this is a publicly traded partnership (PTP) Part II Information About the Partner 6b Qualified dividends 18 Tax-exempt income and nondeductible expenses E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See instructions.) 448- 56- 2301 Dividend equivalents F Name, address, city, state, and ZIP code for partner entered in E. See instructions. George Amberson Royalties 315 West Ave 8 Net short-term capital gain (loss) Temple, TX 76501 19 Distributions G General partner or LLC Limited partner or other LLC Net long-term capital gain (loss) member-manager member 41 Domestic partner Foreign partner 9b Collectibles (289%) gain (loss) 42 If the partner is a disregarded entity (DE), enter the partner's: 20 Other information TIN Name 9c Unrecaptured section 1250 gain 11 What type of entity is this partner? Individual 12 If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here 10 Net section 1231 gain (loss) Partner's share of profit, loss, and capital (see instructions): Beginning Ending 11 Other income (1093) Profit IS Loss 15 15 Capital 15 % 15 % Check if decrease is due to sale or exchange of partnership Interest 12 Section 179 deduction 21 Foreign taxes paid or accrued Partner's share of liabilities: Beginning Ending 13 Other deductions Nonrecourse Qualified nonrecourse financing Recourse 3010 SOOD Check this box if item K includes liability amounts from lower-tier partnerships Partner's Capital Account Analysis 22 More than one activity for at-risk purposes* Beginning capital account 23 More than one activity for passive activity purposes* Capital contributed during the year . *See attached statement for additional information Current year net income (loss) . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions Ending capital account For IRS Use Only Did the partner contribute property with a built-in gain (loss)? Yes No If "Yes," attach statement. See instructions. Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) Beginning Ending For Paperwork Reduction Act Notice, see the Instructions for Form 1065. www.irs.gow/Form1065 Cat. No. 11394R Schedule K-1 (Form 1065) 2022671121 Final K-1 Amended K-1 OMB No. 1545-0123 Schedule K-1 Part III Shareholder's Share of Current Year Income, Form 1120-S) 2022 Deductions, Credits, and Other Items Department of the Treasury Ordinary business income (loss) 13 Credits Internal Revenue Service For calendar year 2022, or tax year