I need help completing this form.

Craft Beer Brewing Partnership

• Revenues $681,000 Office Rent $28,000 COGS $198,000 Salaries $238,000 ST Gain on Sale of Stock $100,000 LT Loss on Sale of Stock $500,000 Contributions to Charities $60,000 Investment Expenses $6,000 Friends Dan and Lisa are each partners in the beer brewing partnership above.
• Dan owns 3%
• Lisa owns 6%
• Additional Information about Dan (not including partnership info)
• Married, 1 child
• Wages from job = $18,000
• Wages from wife's job = $31,000
• Additional Information about Lisa (not including partnership info)
• Single, no children
• Wages from job = $130,000
• Sold stock held LT at a gain of $25,000
• Paid state taxes of $8,900
• Paid qualified mortgage interest of $10,000

Questions

1065, page 1

• Line 1:
• Line 3:
• Line 8:
• Line 21:
• Line 22:

1065, page 4 (Schedule K)

• Line 1:
• Line 8:
• Line 13a:
• Line 13b:
• Line 16b:
• Line 18a:
• Line 20b:

Dan's Schedule K-1, Part III

• Line 1:
• Line 8:
• Line 18a:

Lisa's K-1

• Line 1:
• Line 13a:
• Line 13k:
• Line 20b:

Dan's 1040

• Line 7:
• Line 8a:
• Line 17:
• Line 22:
• Line 37:
• Line 40:
• Line 42:
• Line 43:

Lisa's 1040

• Line 13:
• Line 22:
• Line 38:
• Line 40:
• Line 42:
• Line 43:

Other Questions

• By how much does Dan's AGI increase because of the partnership activities?
• By how much does Lisa's taxable income decrease because of the partnership activities?