i already has the 1120 form , can someone provide me withthe 1099 and 1096 the attachment is the requirenment

Business 123A Corporate Tax Return Project Facts You (The Paid Tax Preparer) Your name is Anna How. You are a Director in the CPA firm of Tai Accountancy Corporation. Your preparer tax identification number (PTIN) is P000342277. Your Firm (Who You Work For) Tai Accountancy's address is: 888 Fremont Street - Newark, CA 94560 and its phone number is (510) 555-5555. The firm's EIN is: 46-4466111. The Client Your client is Wild George Corporation. Its address is: 1969 Spartan Way - San Jose, CA 95112. Wild George Corporation sells musical drums to retail customers. Its Employer Identification Number is 46-3332224. It was incorporated in California on 1/1/2015. The only corporate officer authorized to sign its tax returns is George Henderson. His social security number is 555-21-9254 and he is a citizen of the USA. He is the President, Chief Financial Officer, Treasurer and Secretary of the corporation. There are no other officers for the corporation. He owns 70% of the shares of the corporation. He spent 2,060 hours working for the corporation in 2015. He was paid $75,200 of wages in 2015 (as noted in the financial statements below). There were no other employees for the corporation in 2015. There are two other shareholders in the corporation: Marie Dartby and Ryan Evan. Marie owned 25% of the shares of the corporation throughout the year and Ryan owned 5%. Marie's social security number is 111-22-3333. Ryan's 1 social security number is 444-33-2222. All shareholders are citizens of the United States. Ryan and Marie did not work for the corporation at all in 2015 as they were just holding the shares in the corporation as an investment. Wild George Corp. uses the cash basis of accounting for both financial accounting and tax return purposes. In addition, it uses a calendar year for both financial accounting and tax purposes. Wild George Corporations's 2015 Financial Statements (using GAAP) follows on the next page: 2 2015 Income Statement Revenues Gross sales: $601,158 Dividends: $4,750 City of San Jose Bond Interest: $90 Expenses Store rent: $24,000 Advertising: $15,000 Office Supplies: $ 4,712 Depreciation: $ 3,400 Entertainment: $ 5,000 Employee meals (While on business trips) $1,000 Travel (Business) $800 Wages (George): $75,200 Charitable Contributions: $1,500 Fines and Penalties $1,000 Cost of Goods Sold Inventory as of 1/1/15 of $0 Inventory purchased during 2015 of $300,120 Inventory as of 12/31/15 of $56,890 3 12/31/2015 Year-End Balance Sheet* Cash: $177,466 Inventory: $ 56,890 Stock in Go Mop Seemeda $ 75,000 Computers (Cost) $ 2,000 Movable Shelves (Cost) $ 12,000 San Jose Bonds $ 1,200 Accumulated Depreciation $ 3,400 * For purposes of this return, there were no items on the balance sheet as of 1/1/2015 and the balance sheet does not include all of the required items (they have asked you to let them know what the missing items are on the balance sheet and once that is determined you can start work on the tax return) Detailed Task 1) Using only the blank forms available at: www.IRS.gov, prepare Wild George Corporation's Federal tax return for the 2015 Tax Year - including all applicable (but only when applicable) forms/attachments to the main 1120 form. 2) You do not need to compute any applicable late payment penalties and/or interest. You only need to compute the base amount of Federal income tax (if any) for the year. 3) Use the very last day that this client's return could have been considered filed on time (if an extension was properly filed on time) in the date sections of both the paid preparer and the taxpayer signature sections of the tax return. 4 4) Also, prepare and include a filing extension form for BOTH the Form 1120 AND for the 1099 forms (if any) for the 2015 tax year (attached behind the 1120 form (and behind any forms/schedules attached to the 1120). 5) In addition to signing as the paid preparer, for purposes of this project also sign the return as the taxpayer. 6) If any IRS 1099-series forms must be issued, complete the IRS copy (you do not need to complete all of the 1099 copies) of these 1099-series forms and attach them at the very end of the submitted return project. Also, if any 1099 series forms are required, complete IRS Form(s) 1096 as well. 7) You do not need to prepare any W-2 forms or a W-3 for the client (George handles the payroll tax returns himself for the corporation). Other Important Items: 1) The landlord for the store that Wild George Corporation rents is an individual - Hannibal Smith. Hannibal's address is 444 Apple Street - Menlo Park, CA 94025, and his tax ID is: 222-33-6789. 2) The advertising company that Wild George Corporation uses for all of its advertising expenditures is Marshall Advertising. It is a general partnership. Its tax ID is 22-7654321, and its address is: 333 Murdock Way - Freedom, CA 95019. 3) Wild George Corporation is not a subsidiary in an affiliated group or a parent-subsidiary group. 4) Wild George Corp. purchased 7,000 shares in Go Mop Seemeda Corp., a U.S.-based corporation that specializes in the retail sales of mops, on June 15, 2015 for $75,000. Go Mop Seemeda had 23,000 shares outstanding throughout 2015. On December 1, 2015 Wild George Corp. received a $4,750 dividend check from Go Mop Seemeda Corporation. Go Mop Seemeda's Employer Identification Number is 77-5554444 5) Wild George purchased both the computers and moveable shelves on January 5, 2015. They want to maximize the current year deductions on the 2015 tax return as much as possible - including those related to the purchases of these IRC Sect. 1231 assets. 6) All 3 shareholders in Wild George Corp. remained the same throughout the year and their ownership interests never changed. 5 7) The corporation does not own any real estate and its lease for its store is for a period of 10 years. 8) For Schedule K of Form 1120, you are given that the answers to question nos. 7, 14, 17, and 18 are \"no\" and the checkbox to no. 8 is to be unchecked. 9) Your client has asked you to file the return with the least amount of required schedules filled-out on the 1120 form as possible. 10) $10,000 of cash distributions from Wild George Corp. were made in 2015, as follows: $7,000 to George, $2,500 to Marie and $500 to Ryan. All cash distributions were paid on December 19, 2015. 11) On January 2, 2015 the corporation issued common stock to its three initial shareholders - with the three shareholders paying the following amounts for their stock: $70,000 from George; $25,000 from Marie and $5,000 from Evan. 12) All inventory figures are valued based on original cost and using the specific identification method (i.e., neither FIFO nor LIFO); IRC Sect. 263A (UNICAP) does not apply to the corporation; there were not any changes in the method of valuing inventories; and there were no writedowns of subnormal goods in 2015. 13) Your client allows you to discuss its tax return with the IRS. Project Notes: 1) VERY IMPORANT: You must turn in BOTH 1) a hardcopy in class AND 2) e-mail an electronic copy of the project to me by the due date (by the beginning of the class session) at: joel.busch@sjsu.edu 2) This project IS AN INDIVIDUAL PROJECT (not a group project). 6