Fill out this tax form problem please.

Bugs Bunny (111-22-3333), and Wiley Coyote (111-44-5555) are equal partners in Acme Company, a general partnership that provides graphic design services to small businesses. Acme's federal ID number is 75-7654321. It began business operations on January 15, 2010. As a "service" business, the partnership uses the cash method of accounting (also called "tax basis") and adopted the calendar year for reporting. The principal business code is 541600 . Its address is 2901 W. River Drive, Wichita Falls TX 76301. The partners share equally in all partnership liabilities, since all initial contributions and all ongoing allocations and distributions are pro rata. No additional capital contributions were made in 2022, and each partner withdrew $25,000 cash from the partnership during the year. None of the partners sold any portion of his interest in the partnership during 2022 . The partnership's operations are entirely restricted to the Central TX area. All of the partners are U.S. citizens. The partnership had no foreign operations, no foreign bank accounts, and no interest in any foreign trusts or other partnerships, although Wiley was visited by UFOs. The partnership is not publicly traded and is not a statutory tax shelter. Acme Company does not own an interest in any other partnerships. The partnership is not subject to the consolidated audit procedures. Bugs Bunny is the Partnership Representative. The partnership tax return is filed in Ogden, UT. The partnership claimed $12,000 depreciation for both tax and financial accounting purposes. There is no Sec. 179 expense. There is no bonus depreciation. [Chapter 5 addresses depreciation issues.] U. S. Partnership Return of Income (Form 1065) for 2022 U. S. Partnership Return of Income (Form 1065) for 2022 Pertinent Information: (a) Check figure: Form 1065, page 1, line 22=$160,000 (b) Form 1065, page 5, Analysis of Net Income, line 1=$181,000. (c) "Net income per books" [Schedule M-1 line 1] is $156,000. (d) The disallowance for business entertainment [Ch. 11] is determined at the partnership level. So, the business entertainment expense amount is included on Schedule K line 18(c) and on Schedule M-1 line 4. (e) Schedule B: Acme did make payments requiring it to send Forms 1099 to the payees, and Acme has sent all required Forms 1099. For other questions on Schedule B, follow the Example Return. (f) Schedule K, line 13a "contributions" is for charitable contributions. (g) Schedule K, line 13d "other deductions" is for other itemized deductions. It is not for other business deductions (page 1, line 20 ). (h) Schedule K, net earnings from self-employment (line 14a) equals line 1 plus line 4 . For the partners' Schedules K-1, only Bugs Bunny's net earnings from self-employment includes the guaranteed payment. FYI-Partners will pay self-employment tax (Social Security) when they file their Forms 1040. Partners cannot be employees of the partnership. (i) Schedule K lines 18 and 19 must be filled in, even though the information is repeated on Schedules M1 and M2. (j) The partnership must tell partners the amount of investment income. On the partners' Forms 1040-Schedule A, the miscellaneous itemized deduction for investment expenses is limited to the amount of investment income. Partner's itemized deduction for investment interest expense is limited to [investment income minus investment expenses]. Schedule K line 20a, investment income includes line 5 plus line 6a. [FY]-Schedule K line 20a cou]d also include lines 7, 8, and 9a. If capital gains/osses are treated as investment income for the purpose of being able to deduct investment expenses or investment interest expense, the taxpayer does NOT receive the benefit of the max15% tax rate on net long term capital gains.] (k) The line items on the two partners' Schedules K-1 must add up to the partnership line item amounts on Schedule K. Line X on Schedules K-1 MUST add up to the amount on Line X on Schedule K. You may have to round 1 partner's amount up or down. For example, Line 1 on Schedule K is $160,000. Line 1 on K1s : one partner will have $80,000 and the other partner will have $80,000. Schedule K is the "control account," such as for Accounts Receivable. Schedules K-1 are the "subsidiary accounts," such as for individual customer receivables. (I) Schedules K-1: beginning with line 11, you must use code letters. See example tax return. For Paperwork Rediutlon Act Notice, see separate instructions. b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, kss, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership. see instructions. If "Yes." comolete (i) through fu) below . Form 1065 (2022) Page 3 Schedule B kind exchange or contributed such property to andther entity (other than disregarded entities wholly owned by the partnership throughout the tax year). 12 At any time during the tax year, did the partnership distribute to any partner a tenancy-in-common or other 13 If the partnership is required to file Form 8858 , Information Return of U.S. Persors With Respect to Foreign Disregarded Entities (FDEs) and Forelgn Branches (FBs), enter the number of Forms 8858 attached. See instructions 14 Does the partnership have any foreign partners? If "Yes," enter the number of Forms 8805, Foreign Partner's 15 Enter the number of Forms 8865, Retum of U.S. Persons With Respect to Certain Foreign Partinerships, attached to this return 16a Did you make any peyments in 2022 that would require you to file Form(s) 1099? See instructions attached to this return. 18 During the partnership's tax year, did the partnership make any payments that would require it to file Forms 1042 20 Was the partnership a specified domestic entily required to file Form 8938 for the tax year? See the Instructions Designation of Partuerahip Representative (see instructions) Enter below the information for the parthership representative (PR) for the tax year covered by this return. Name of PR U,S, address U.S. phone of PR number of PR If the PR is an entity, name of the designated individual for the PR U.S. address of designated individual Form 1065(2022) Page 4 Schedule K 2 Net rental real estate income (loss) (attach Form 8825) 3 O Other gross rental income (loss). \begin{tabular}{|l|l} \hline \multicolumn{2}{|c}{ Total amount } \\ \hline 1 & \\ \hline 2 & \\ \hline & \\ \hline \end{tabular} b Expenses from other rental activities (attach statement) c Other net rental income (loss). Subtract line 3b from line 3a 4 Guaranteed payments: a Services 4a c Total. Add lines 4a and 4b. . 5 Interest income 6 Dividends and dividend equlvalents: a Ordinary dividends b Qualitied dividends 6b. c Dividend equivalents \begin{tabular}{c|l} \hline 4c & \\ \hline 5 & \\ \hline 6a & \\ \hline & \\ \hline \end{tabular} 7 Royalties 8 Net short-term capital gain (loss) (attach Schedule D (Form 1065)). 9a Net long-term capital gain (loss) (attach Schedule D (Form 1065)) . . . . \begin{tabular}{|c|l} \hline 7 & \\ \hline 8 & \\ \hline 99 & \\ \hline & \\ \hline \end{tabular} b Collectibles (28\%) gain (loss). c Unrecaptured section 1250 gain (attach statement) 10 Net section 1231 gain (loss) (attach form 4797) . . . . . . . . . . . . . . 11 Other income (loss) (see instructions) Type: 12 Section 179 deduction (attach Form 4562) 13a Contributions . b Investment interest expense \begin{tabular}{|c|} \hline 10 \\ \hline 11 \\ \hline 12 \\ \hline 13a \\ \hline 13b \\ \hline \end{tabular} c Section 59(e)(2) expenditures: (1) Type: d Other deductions (see instructions) Type: 14a Net earnings (loss) from seff-employment. b Gross tarming or fishing income . 16a Low-income housing credit (section 42(3)(5)) b Low-income housing credit (other) c Qualified rehabilitation expenditures (rental real estate) (attach Form 3468 , if applicable) d Other rental real estate credits (see instructions) Type: - Other rental credits (see instructions) Type: f Other credits (see instructions) Type: 16 Attach Schedule K-2 (Form 1066), Partners' Distributive Share ltems-International, and check this box to indicate that you are reporting items of international tax relevance ..... 17a Post-1986 depreciation adjustment . b Adjusted gain or loss c Depletion (other than oil and gas) d Oil, gas, and geothermal properties-gross income - Oil, gas, and geothermal properties-deductions f Other AMT items (attach statement). 18a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses 19a Distributions of cash and marketable securities b Distributions of other property 20a Investment income. b Investment expenses c Other items and amounts (attach staterient) 21 Total foreign taxes paid or accrued . . . . . . . . . . . . . . . Form 1065,(2022) Page 5 Analysis of Net Income (Loss) per Return Schedule M-1 Reconciliation of Income (Loss) per Books With Analysis of Net Income (Loss) per Return Note: The partnership may be required to flle Schedule M-3. See instructions. Complete columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, tax-exempt organization, of any forelgn govemment that owns, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership (see instructions). Parl II Individuals or Estates Owning 50\% or More of the Partnership (Form 1065, Schedule B, Question 2b (Question 3b for 2009 through 2017)) Complete columns (i) through (iv) below for any individual or estate that owns, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership (see instructions). For Paperwork Reduction Aot Notice, see the Instructions for Farm 1065. Cat. No. 49842K Schedule B-1 (Form 10es) (Rev. A-2010) 4 Short-term capital gain from installment sales from Form 6252, line 26 or 37 ..... ... . 5 Short-term capital gain or (loss) from llke-kind exchanges from form 8824 ... ... . . 6 Partnership's share of net short-term capital gain (loss), including specially allocated short-term capital gains (losses), from other partnerships, estates, and trusts 7 Net shart-term capital gain or (foss). Combine lines 1 a through 6 in column (h). Enter here and on Form 1066, Schedule Kr line B or 11; or Form 8865, Schedule K, line 8 or 11 \begin{tabular}{|l|l} \hline 4 & \\ \hline 5 & \\ \hline 6 & \\ \hline 7 & 3,000 \\ \hline \end{tabular} Part II Long-Term Capital Gains and Losses-Generally Assets Held More Than One Year (see instructions) See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars. 8e Totals for all tong-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Fom 8949 , leave this line blank and go to line 8b. Bb Totals for all transactions reported on Form(s) 8949 9 with Box D checked. . . . . . . . . . . 14,000 with Box E checked. ........... . . with Box F checked . 11 Long-term capital gain from installment sales from Form 6252 , line 26 or 37 12 Long-term capital gain or (loss) from like-kind exchanges from Form 8824 13 Partnership's share of net long-term capital gain (loss), including specially allocated long-term. capital gains (losses), from other partnerships, estates, and trusts 14 Capital gain distributions (see instructions). 15 Net long-term capltal gain or (loss). Combine lines 8 a through 14 in column (h). Enter here and on Form 1065, Schedule K, line 9a or 11; or Form 8865, Schedule K, line 9 a or 11 For Paperwork Reduction Aot Notice, see the Inatructione for Form 1065. Cal, No, 11393G Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement (s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the liAS by your broker and may even tell you which box to check. Parll Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A,B, or C below, Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. Z (A) Short-term transactions reported on Form(3) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-8 Note: If you checked Box A above but the beasis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Cokumn (g) in the seperate instructions for how to figure the amount of the adjustment. For Paperwork Reduction Aot Notloe, 2e0 your lax retum instructiong. Cat. No, 37768z Form 8949 (2022) Form 8949 (2022) Attachment sequence No. 12A Pago 2 Fhather you raceived any Fom(s) 1099-B or substitute statementis) fon your broker. A substitute broker and may even tell you which box to check. Part II Long-Term. Transactions involving capital assets you held more than 1 year are generally long-tenm (see instructions), For short-term transactions, see page 1. Notes You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, llne 8a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box D, E, or F below, Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (E) Long-term transactions reported on Fomn(s) 1099-B showing basis wasn't reported to the IRS adjustment in column ig) to correct the basis. See column (g) in the saparate instructions for how to figure the amount of the adjustment. Part I Electlon to Expense Certain Property Under Section 179 Note: If you have any llsted property, complete Part V before you complete Part I. Note: Don't use Part II or Part III below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions. 15 Property subject to section 168(1)(1) election. 16 Other depreciation (including ACPS) Part III MACRS Depreciation (Don't include listed property. See instructions.) 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here For Paperwork Reduction Act Notice, s.ee separate intatructions. Cat. No. 12906 Form 4562 (2022) Bugs Bunny (111-22-3333), and Wiley Coyote (111-44-5555) are equal partners in Acme Company, a general partnership that provides graphic design services to small businesses. Acme's federal ID number is 75-7654321. It began business operations on January 15, 2010. As a "service" business, the partnership uses the cash method of accounting (also called "tax basis") and adopted the calendar year for reporting. The principal business code is 541600 . Its address is 2901 W. River Drive, Wichita Falls TX 76301. The partners share equally in all partnership liabilities, since all initial contributions and all ongoing allocations and distributions are pro rata. No additional capital contributions were made in 2022, and each partner withdrew $25,000 cash from the partnership during the year. None of the partners sold any portion of his interest in the partnership during 2022 . The partnership's operations are entirely restricted to the Central TX area. All of the partners are U.S. citizens. The partnership had no foreign operations, no foreign bank accounts, and no interest in any foreign trusts or other partnerships, although Wiley was visited by UFOs. The partnership is not publicly traded and is not a statutory tax shelter. Acme Company does not own an interest in any other partnerships. The partnership is not subject to the consolidated audit procedures. Bugs Bunny is the Partnership Representative. The partnership tax return is filed in Ogden, UT. The partnership claimed $12,000 depreciation for both tax and financial accounting purposes. There is no Sec. 179 expense. There is no bonus depreciation. [Chapter 5 addresses depreciation issues.] U. S. Partnership Return of Income (Form 1065) for 2022 U. S. Partnership Return of Income (Form 1065) for 2022 Pertinent Information: (a) Check figure: Form 1065, page 1, line 22=$160,000 (b) Form 1065, page 5, Analysis of Net Income, line 1=$181,000. (c) "Net income per books" [Schedule M-1 line 1] is $156,000. (d) The disallowance for business entertainment [Ch. 11] is determined at the partnership level. So, the business entertainment expense amount is included on Schedule K line 18(c) and on Schedule M-1 line 4. (e) Schedule B: Acme did make payments requiring it to send Forms 1099 to the payees, and Acme has sent all required Forms 1099. For other questions on Schedule B, follow the Example Return. (f) Schedule K, line 13a "contributions" is for charitable contributions. (g) Schedule K, line 13d "other deductions" is for other itemized deductions. It is not for other business deductions (page 1, line 20 ). (h) Schedule K, net earnings from self-employment (line 14a) equals line 1 plus line 4 . For the partners' Schedules K-1, only Bugs Bunny's net earnings from self-employment includes the guaranteed payment. FYI-Partners will pay self-employment tax (Social Security) when they file their Forms 1040. Partners cannot be employees of the partnership. (i) Schedule K lines 18 and 19 must be filled in, even though the information is repeated on Schedules M1 and M2. (j) The partnership must tell partners the amount of investment income. On the partners' Forms 1040-Schedule A, the miscellaneous itemized deduction for investment expenses is limited to the amount of investment income. Partner's itemized deduction for investment interest expense is limited to [investment income minus investment expenses]. Schedule K line 20a, investment income includes line 5 plus line 6a. [FY]-Schedule K line 20a cou]d also include lines 7, 8, and 9a. If capital gains/osses are treated as investment income for the purpose of being able to deduct investment expenses or investment interest expense, the taxpayer does NOT receive the benefit of the max15% tax rate on net long term capital gains.] (k) The line items on the two partners' Schedules K-1 must add up to the partnership line item amounts on Schedule K. Line X on Schedules K-1 MUST add up to the amount on Line X on Schedule K. You may have to round 1 partner's amount up or down. For example, Line 1 on Schedule K is $160,000. Line 1 on K1s : one partner will have $80,000 and the other partner will have $80,000. Schedule K is the "control account," such as for Accounts Receivable. Schedules K-1 are the "subsidiary accounts," such as for individual customer receivables. (I) Schedules K-1: beginning with line 11, you must use code letters. See example tax return. For Paperwork Rediutlon Act Notice, see separate instructions. b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, kss, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership. see instructions. If "Yes." comolete (i) through fu) below . Form 1065 (2022) Page 3 Schedule B kind exchange or contributed such property to andther entity (other than disregarded entities wholly owned by the partnership throughout the tax year). 12 At any time during the tax year, did the partnership distribute to any partner a tenancy-in-common or other 13 If the partnership is required to file Form 8858 , Information Return of U.S. Persors With Respect to Foreign Disregarded Entities (FDEs) and Forelgn Branches (FBs), enter the number of Forms 8858 attached. See instructions 14 Does the partnership have any foreign partners? If "Yes," enter the number of Forms 8805, Foreign Partner's 15 Enter the number of Forms 8865, Retum of U.S. Persons With Respect to Certain Foreign Partinerships, attached to this return 16a Did you make any peyments in 2022 that would require you to file Form(s) 1099? See instructions attached to this return. 18 During the partnership's tax year, did the partnership make any payments that would require it to file Forms 1042 20 Was the partnership a specified domestic entily required to file Form 8938 for the tax year? See the Instructions Designation of Partuerahip Representative (see instructions) Enter below the information for the parthership representative (PR) for the tax year covered by this return. Name of PR U,S, address U.S. phone of PR number of PR If the PR is an entity, name of the designated individual for the PR U.S. address of designated individual Form 1065(2022) Page 4 Schedule K 2 Net rental real estate income (loss) (attach Form 8825) 3 O Other gross rental income (loss). \begin{tabular}{|l|l} \hline \multicolumn{2}{|c}{ Total amount } \\ \hline 1 & \\ \hline 2 & \\ \hline & \\ \hline \end{tabular} b Expenses from other rental activities (attach statement) c Other net rental income (loss). Subtract line 3b from line 3a 4 Guaranteed payments: a Services 4a c Total. Add lines 4a and 4b. . 5 Interest income 6 Dividends and dividend equlvalents: a Ordinary dividends b Qualitied dividends 6b. c Dividend equivalents \begin{tabular}{c|l} \hline 4c & \\ \hline 5 & \\ \hline 6a & \\ \hline & \\ \hline \end{tabular} 7 Royalties 8 Net short-term capital gain (loss) (attach Schedule D (Form 1065)). 9a Net long-term capital gain (loss) (attach Schedule D (Form 1065)) . . . . \begin{tabular}{|c|l} \hline 7 & \\ \hline 8 & \\ \hline 99 & \\ \hline & \\ \hline \end{tabular} b Collectibles (28\%) gain (loss). c Unrecaptured section 1250 gain (attach statement) 10 Net section 1231 gain (loss) (attach form 4797) . . . . . . . . . . . . . . 11 Other income (loss) (see instructions) Type: 12 Section 179 deduction (attach Form 4562) 13a Contributions . b Investment interest expense \begin{tabular}{|c|} \hline 10 \\ \hline 11 \\ \hline 12 \\ \hline 13a \\ \hline 13b \\ \hline \end{tabular} c Section 59(e)(2) expenditures: (1) Type: d Other deductions (see instructions) Type: 14a Net earnings (loss) from seff-employment. b Gross tarming or fishing income . 16a Low-income housing credit (section 42(3)(5)) b Low-income housing credit (other) c Qualified rehabilitation expenditures (rental real estate) (attach Form 3468 , if applicable) d Other rental real estate credits (see instructions) Type: - Other rental credits (see instructions) Type: f Other credits (see instructions) Type: 16 Attach Schedule K-2 (Form 1066), Partners' Distributive Share ltems-International, and check this box to indicate that you are reporting items of international tax relevance ..... 17a Post-1986 depreciation adjustment . b Adjusted gain or loss c Depletion (other than oil and gas) d Oil, gas, and geothermal properties-gross income - Oil, gas, and geothermal properties-deductions f Other AMT items (attach statement). 18a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses 19a Distributions of cash and marketable securities b Distributions of other property 20a Investment income. b Investment expenses c Other items and amounts (attach staterient) 21 Total foreign taxes paid or accrued . . . . . . . . . . . . . . . Form 1065,(2022) Page 5 Analysis of Net Income (Loss) per Return Schedule M-1 Reconciliation of Income (Loss) per Books With Analysis of Net Income (Loss) per Return Note: The partnership may be required to flle Schedule M-3. See instructions. Complete columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, tax-exempt organization, of any forelgn govemment that owns, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership (see instructions). Parl II Individuals or Estates Owning 50\% or More of the Partnership (Form 1065, Schedule B, Question 2b (Question 3b for 2009 through 2017)) Complete columns (i) through (iv) below for any individual or estate that owns, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership (see instructions). For Paperwork Reduction Aot Notice, see the Instructions for Farm 1065. Cat. No. 49842K Schedule B-1 (Form 10es) (Rev. A-2010) 4 Short-term capital gain from installment sales from Form 6252, line 26 or 37 ..... ... . 5 Short-term capital gain or (loss) from llke-kind exchanges from form 8824 ... ... . . 6 Partnership's share of net short-term capital gain (loss), including specially allocated short-term capital gains (losses), from other partnerships, estates, and trusts 7 Net shart-term capital gain or (foss). Combine lines 1 a through 6 in column (h). Enter here and on Form 1066, Schedule Kr line B or 11; or Form 8865, Schedule K, line 8 or 11 \begin{tabular}{|l|l} \hline 4 & \\ \hline 5 & \\ \hline 6 & \\ \hline 7 & 3,000 \\ \hline \end{tabular} Part II Long-Term Capital Gains and Losses-Generally Assets Held More Than One Year (see instructions) See instructions for how to figure the amounts to enter on the lines below. This form may be easier to complete if you round off cents to whole dollars. 8e Totals for all tong-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Fom 8949 , leave this line blank and go to line 8b. Bb Totals for all transactions reported on Form(s) 8949 9 with Box D checked. . . . . . . . . . . 14,000 with Box E checked. ........... . . with Box F checked . 11 Long-term capital gain from installment sales from Form 6252 , line 26 or 37 12 Long-term capital gain or (loss) from like-kind exchanges from Form 8824 13 Partnership's share of net long-term capital gain (loss), including specially allocated long-term. capital gains (losses), from other partnerships, estates, and trusts 14 Capital gain distributions (see instructions). 15 Net long-term capltal gain or (loss). Combine lines 8 a through 14 in column (h). Enter here and on Form 1065, Schedule K, line 9a or 11; or Form 8865, Schedule K, line 9 a or 11 For Paperwork Reduction Aot Notice, see the Inatructione for Form 1065. Cal, No, 11393G Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement (s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the liAS by your broker and may even tell you which box to check. Parll Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A,B, or C below, Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. Z (A) Short-term transactions reported on Form(3) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-8 Note: If you checked Box A above but the beasis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Cokumn (g) in the seperate instructions for how to figure the amount of the adjustment. For Paperwork Reduction Aot Notloe, 2e0 your lax retum instructiong. Cat. No, 37768z Form 8949 (2022) Form 8949 (2022) Attachment sequence No. 12A Pago 2 Fhather you raceived any Fom(s) 1099-B or substitute statementis) fon your broker. A substitute broker and may even tell you which box to check. Part II Long-Term. Transactions involving capital assets you held more than 1 year are generally long-tenm (see instructions), For short-term transactions, see page 1. Notes You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, llne 8a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box D, E, or F below, Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (E) Long-term transactions reported on Fomn(s) 1099-B showing basis wasn't reported to the IRS adjustment in column ig) to correct the basis. See column (g) in the saparate instructions for how to figure the amount of the adjustment. Part I Electlon to Expense Certain Property Under Section 179 Note: If you have any llsted property, complete Part V before you complete Part I. Note: Don't use Part II or Part III below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions. 15 Property subject to section 168(1)(1) election. 16 Other depreciation (including ACPS) Part III MACRS Depreciation (Don't include listed property. See instructions.) 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here For Paperwork Reduction Act Notice, s.ee separate intatructions. Cat. No. 12906 Form 4562 (2022)