I need help working through this problem. Most of the work I have completed but I need help ensuring that my answers are correct before submitting the assignment. I have attached the problem questions, problem answers, and the forms that I have filled out.

COMPREHENSIVE TAX RETURN PROBLEM 2 2. Richard M. and Anna K. Wilson a. In addition to personal exemptions for themselves, the Wilsons may claim dependency exemptions for each of their three children and for Anna's mother, Ruth Knapp. Even though their son Michael is 20 years old and earned $4,750 from a summer job, the parents are entitled to a dependency exemption because he is a qualifying child. He meets the relationship test (he is their son); he meets the age test (he is a full-time student less than 24); he meets the residency test (he lives at home except for temporary absences); he meets the support test (he does not provide more than one-half of his support) and he is a U.S. citizen and does not file a joint return. The Wilsons are entitled to a dependency exemption for Anna's mother because they provide more than half of her support. Recall that parents are not required to live with the taxpayer. b. The state income taxes withheld from Richard's salary should be added to the other state income taxes reported as paid in item j. below and reported on Schedule A. c. Anna's income and expenses from the travel agency must be reported on Schedule C. Note that Anna is allowed to treat the amounts paid to her daughters as deductible wage expenses even though she did not pay employment taxes on these wages. Recall that a self-employed taxpayer is not required to withhold or pay employment taxes on amounts paid to his or her children 18 years of age or under. Anna should report deductible wages of $24,000 ($22,800 + $750 + $450) on Schedule C. Legal and professional services of $900 includes $700 for professional services plus $200 of the $650 of tax preparation fee that was noted as specifically allocable to her business. The remaining $450 is a miscellaneous itemized deduction reported on Schedule A. Because she used MACRS in 2009, Anna cannot use the automatic mileage method for 2010. Also, note that Anna's auto expenses must be reduced by her 20 percent personal usage. Thus, 80 percent of the $650 auto insurance, 80 percent of $750 interest paid on the auto loan, and 80 percent of the $1,790 expenses for gas, oil, and repairs should be added to the $410 in parking and tolls paid during 2010 and reported as car expenses on Schedule C ($1,790 + $650 + $750 = $3,190 80% = $2,552 + $410 = $2,962). Form 4562 must be used to compute Anna's depreciation deduction. Since the total dollar amount of her purchases of furniture and equipment of $18,000 ($8,900+ $5,700+ $1,500+ $1,600+ $300) during the year does not exceed the amount allowed for 2010, the entire $18,000 of qualifying property should be expensed under the 179 optional expensing rule. Anna's depreciation deduction for the business auto is $3,840, computed as follows: Original cost $26,000 Business use percentage Business use basis 80% $20,800 MACRS mid-quarter percentage from Chapter 9, Exhibit 9-7, text p. 9-17 38% Total $ 7,904 Depreciation limit for second year of use Business use percentage $ 4,800 80% Depreciation limit for the year $ 3,840 Note that Anna is limited to the lesser of 80 percent of the depreciation otherwise allowed ($7,904) or 80 percent of the maximum depreciation allowed in the second year of the life of her automobile ($4,800 for one placed in service in 2009). Thus, her deduction is limited to $3,840. Note that it is assumed that Anna did not use bonus depreciation in 2009. Also, instructors should be aware that the second year limitation for cars placed in service in 2009 is not in the text although it can be found easily on the Internet. d. Richard's unreimbursed expenses from the Washington, D.C. trip should be added to his other unreimbursed employee business expenses from item (l) and reported on Form 2106EZ. Note that 50 percent of the $130 meal costs or $65 is disallowed. See item (l) e. The Wilsons' interest income of $2,500 ($845 + $900 + $755) must be reported on Schedule B since it exceeds $400. f. Since the dividend income of $500 ($300 + $200) exceeds $400, it must be reported on Schedule B. Also note that per the instructions we have treated all $500 of dividends as qualifying dividends taxed at the 15 percent rate. g. The Wilsons must respond to the two questions in Part III, Schedule B, Form 1040. h. The Wilsons must report their stock transactions on Schedule D. (1) The sale of 300 shares of Chevron stock results in a $4,450 long-term capital gain [$14,950 sales proceeds - (300 $35 basis per share = $10,500)]. (2) The gift of 100 shares of Chevron stock to each of their children is not a taxable event required to be reported for income tax purposes. (3) The Wilsons' gift of 100 shares of Chevron stock to Rider University qualifies as a deductible charitable contribution and should be reported on Schedule A. The amount of the contribution deduction is $6,125 (100 $61.25) since the stock is a long-term capital gain asset. See item j. below. (4) The Wilsons should treat the worthlessness of the oil company stock as a loss from a sale or exchange on the last day of the year. Consequently, they should report a $12,000 long-term capital loss on Schedule D. Note that the combination of the $4,450 LTCG from item (1) above and the $12,000 LTCL from item (4) results in a $7,550 long-term capital loss. The Wilsons' capital loss deduction is limited to $3,000, and the remaining $4,550 LTCL must be carried forward to the next year. i. The Wilsons' income and expense from the rental condominium must be reported on Schedule E. Depreciation on the property should be calculated as follows: Depreciable basis of condo $150,000 MACRS percentage from Exhibit 9.6, text p. 9-12 3.636% 2010 depreciation allowed $ 5,455 When the depreciation is added to the other $21,775 of expenses from this rental property, the Wilsons have a $10,830 loss. The loss is considered a passive loss and reported on Form 8582. Even though rental losses are by definition passive losses, the Wilsons are allowed to deduct the entire loss under the rental real estate exception of Code 469(i). Their modified AGI is $119,168 (AGI $103,566 + rental loss $10,830 + self-employment tax deduction $4,772) which exceeds the $100,000 threshold by $19,168 and 50 percent of this excess is $9,584. Thus the allowable amount $15,416 ($25,000 - $9,584) exceeds the loss of $10,830. j. The Wilsons must report their itemized deductions on Schedule A. Deductible medical expenses of $17,175 ($425+ $1,595+ $2,750+ $805+ $115+ $11,485) should include the entire $2,750 paid to the dentisteven though some of this amount represents a prepayment. Recall that if the prepayment is required before the services are rendered, the entire prepayment is deductible. Also, the medical expenses of Anna's mother ($11,485+ $115) can be deducted by the Wilsons since the mother qualifies as a dependent. The $2,100 state income taxes paid should be added to the $1,850 state income taxes withheld by Richard's employer [see item b. above] and the total of $3,950 reported on Schedule A. Note that a state sales tax deduction is not taken because state income taxes paid provide a greater deduction. Their deductible interest of $9,100 includes the interest on the original home mortgage of $8,690 and the $410 interest paid on the home equity loan since the loan amount did not exceed the $100,000 limit. None of the Wilsons' personal interest of $1,150 [$275 credit card interest + $725 interest on personal car loan + $150 interest from the personal use of Anna's business auto reported in item c. above] is deductible. A portion of the tax preparation expenses, $200, is related to preparation of Schedule C and is included with other expenses on line 27 of Schedule C. The Wilsons should claim a $6,125 contribution deduction (100 shares at $61.25 FMV per share) for the gift of Exxon stock to Richard's alma mater since the stock is long-term capctal gain property. Form 8283 should be used to report this noncash charitable contribution, describing the property and valuation method used. Note that an independent appraisal is not be necessary for this gift since it is a publicly traded stock. Stock market quotes for the date of the gift should suffice. The Wilsons' miscellaneous itemized deductions are calculated as follows: Richard's unreimbursed expenses from trip to Washington D.C. [item d.]: All expenses except meals $1,110 Meals (50% of $130) 65 Total for trip $1,175 Plus expenses reported in item k. below: Professional dues 450 Professional journals 385 Briefcase 115 Total unreimbursed employee expenses $2,125 Plus tax return preparation cost ($650 $200 to Schedule C) Total miscellaneous itemized deductions 450 $2,575 k. Anna must treat the $11,500 contribution to her Keogh plan as a deduction in arriving at A.G.I. l. The Wilsons should treat the unreimbursed employee business expenses of $2,125 [professional dues ($450), professional journals ($385) and office gifts ($115)] as miscellaneous itemized deductions subject to the 2 percent of A.G.I. floor. Note that the tax return preparation expenses of $650 were split, $200 allocated to Schedule C and $450 to Schedule A as a miscellaneous itemized deduction. m. Either a deduction or a credit could be claimed for Michael's education expenses. However, in this case, the credit is claimed since it is worth more than the deduction. Only the tuition of $9,350 is eligible for either the deduction or credit since the cost of books are not qualified tuition expenses. The deduction for the expenses is limited to $4,000 and is for A.G.I. Since the couple's taxable income puts them in the 15 percent marginal tax bracket, the deduction is approximately worth $600. Another option is the lifetime learning credit. They could claim the lifetime learning credit for the expenses of $1,163 as computed below. Lifetime learning credit Eligible expenses Percentage $ 9,350 20% Credit before reduction $ 1,870 $ 1,870 Reduction threshold for 2010 is $96,000 - $116,000 $1,870 A.G.I. $103,566 Threshold for 2010 Excess (96,000) $ 7,566 Percentage ($7,566 excess / $20,000 phase-out range) 37.8% Reduction $ 707 (707) Lifetime learning credit $1,163 The best alternative for the couple is the American Opportunity Credit. This credit is 100% of the first $2,000 and 25% of the next $2,000 for a maximum of $2,500. Also note that 40% of this credit or $1,000 is refundable unless the child could be subject to the kiddie tax (i.e., the child is a full-time student less than 24 and has earned income that does not exceed one-half of his or her support). Since Michael would be subject to the kiddie tax, the couple would be entitled to a credit of $2,500 none of which would be refundable. n. Since they itemized their deductions for 2009, the Wilsons must include the $130 state income tax refund in gross income for 2010 under the tax benefit rule. o. Estimated tax payments of $9,000 are reported on line 62, page 2 of Form 1040. p. The name and social security number of each child should be reported on line 6c, page 1 of Form 1040. In addition, the social security number of Ruth Knapp (Anna's mother) must be reported in order to claim her as a dependent. The return ignores the "making work pay" credit. Check Figures for Wilson Tax Return Form 1040, page 1, line 37A.G.I $103,566 (after deducting $11,500 allowed for Keogh plan contribution) Schedule A, Form 1040: Total medical and dental expenses Total taxes paid 5,575 Interest expense deduction Total itemized deductions 9,408 9,100 31,912 Schedule C, Form 1040Total deductions 66,462 Schedule D, Form 1040Net long-term loss (7,550) Schedule E, Form 1040Net loss on rental property Form 2106Unreimbursed employee business expenses Form 4562Depreciation expense: (10,830) 2,125 MACRS cost recovery on business auto 3,840 Deprecation on rental condominium 5,455 Comprehensive Tax Return Problem 2 /WVW WW6 \"MEL/m E 1 0 40 Department of the TreasuryInternal Revenue Service 2 52 U. S. Individual Income Tax Return OMB No. 1545- 0074 ins Use OnlyDo not write or staple in the mace. For the year Jan. 1-Dec. a1. 2016, or om tax year beginning , 20 6, ending , 20 See separate instructions. Your rst name and initial Last name Your social security number WIISOH lLl58-bZH'i ill 5 in at v d It a joint return. spouse's rst name and initial Last name Spouse's social security number 14 (a - Li 8 2535 hh Y1 a K- Wit L it w A Make surethe SSN(s)above andonlineScarecorrect. Home address (number and street). If you have a PO. box, see instructions. Presidential auction Campaign 372i Chest-mi Rid a Road Checkhereifyou,orywspouseltfllng City, town or post ofce. state. and ZIP code. If you have a foreign address. also complete spaces below (see instructions). lolntty.want$3togotothisfund. Checking Foreign province/statelcounty F0: bxstal code a box below will not w Wm or D Y i Spouse Monmaie . New 7666 075045 4 OUSBhOIdW'l'an lngperso . Foreign country name 1 El Single Filing Status Check only one box. Exemptions 2 E Married ling jointly (even if only one had in c 3 El Married ling separately. Enter spouse' ' and full name here. > z : instructions.) if at your dependent, :2 x on So and 6b 0\\ ' ' ' ' " ' ' ' ' ' ' ' ' (L, Attitudes \"252\"?\" u ' ' on W D: ' await\" if more than four (seeimtructiona) _ flitful'it'i'sgze 3.33:me i 77 checkherebEl H5l'3b"3 C_ Addnumbercon a d Total number of exemptions claimed . . . . . . . . . . . . . . . . . n2: > 3;\". Income 7 Wages, salaries, tips, etc. Attach Fonn(s) w-2 \"W 8a Taxable interest. Attach Schedule B if required . . m b Tax-exempt interest. Do not include on line 8a . . . Bb , ' , 33:12:13 9a Ordinary dividends. Attach Schedule B if required . . . . . . . . . . . [:53 attach Poms b Qualied dividends . . . . . . . . . . . 9b ' r -2. W-2G and 10 Taxable refunds, credits, or offsets of state and local income taxes . . . . . m I 30- 1099-Ftittax 11 Alimony received . . ' III_ I was w'thheld' 12 Business' income or (loss). Attach Schedule C or C-EZ . . . mm' _ 13 Capital gain or (loss). Attach Schedule D it required If not required, check -re > I m_ g;:$f'2nt 14 Other gains or (losses). Attach Form 4797 . \" 15a lFiA distributions . 153 b Taxable amoun . . . 163 Pensions and annuities b Taxable amount . . . m* 17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E -_ 18 Farm income or (loss). Attach Schedule F . 19 Unemployment compensation 20a Social security benets I 203 b Taxable amount 21 Other' income. List type and amount ____________________________________________________________ 2 Combine the amounts In the far right column for lines 7 through 21. This' is your total income > 23 Educator expenses . m_- .1 Ad] \"Sted 24 Certain business expenses of reservists, performing artists. and a-. V GI'OSS fee-basis government ofcials. Attach Form 2106 or 2106-EZ I ' Income 25 Health savings account deduction Attach Form 8889 m- 7 ' ' 26 Moving expenses. Attach Form 3903 . . . . m_- . :'4 . ) 27 Deductible part of self-employment tax. Attach Schedule SE. -m-, 5 - 28 Self-employed SEP, SIMPLE, and qualied plans g_= ' _ 29 Self-employed health insurance deduction 30 Penalty on early withdrawal of savings . 31a Alimony paid to Recipient's SSN > IRA deduction . . . - . .-.2 Student loan interest deduction. - ' Tuition and fees. Attach Form 8917.. - Domestic production activities deduction. Attach Form 8903 - . Add lines 23 through 35 . . . . . . . . . . . . . . m 37 Subtract line 36 from line 22. This' Is your adjusted gross income D --[lxm For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 113205 Form 1040 (2016) see instructions. $855183 i SCHEDULE A . OMB No. 1545-0074 (Form 1040, Itemized DeductIons 2 1 6 > Information about Schedule A and Its separate instructions is at www.irs.govlschedulea. Department oi theme Attachment lntemal Revenue Service (99) >Attach to Form 1040. Se- uenoe No 07 Your social security number Big-own Name(s) shown on Form 1040 ' chard M Wilson Caution: Do not include expenses reimbursed or paid by others. _I Medical 1 Medical and dental expenses (see instructions) . . . . . n i"' i715 and 2 Enter amount from Form 1040, line 38 2 i0 , Dental 3 Multiply line 2 by 10% (0.10). But if either you or your spouse was I 035 ' Expenses born before January 2 1952, multiply line 2 by 7. 5% (0.075) instead a l (a ,8' l 2 Subtract line 3 from line 1. If line 3 is more than line 1, enter 0-. Taxes You 5 State and local (check only one box): Paid a Income taxes, or } . . . . . . . 3, q 50 b E] General sales taxes 1.. Real estate taxes (see instructions) . . . . . . . . . a-. Personal property taxes. . . . . . . . . . -- Z; Other taxes. List type and amount b -l 9 Add lines 5 throu- h 8. Interest 10 Home mortgage interest and points reported to you on Form 1098 mm\". You Paid 11 Home mortgage interest not reported to you on Form 1098. if paid g , . to the person from whom you bought the home, see instructions g Note: and show that person's name, identifying no., and address > , ' ' ' Your mortgage j ' . interest .................................................................................... i - deduction may ____________________________________________________________________________________ m -: be limited (59 12 Points not reported to you on Form 1098. See instructions for . f inStrUCtin5)' special rules. . . . . . . . . '3 I :V ' .h mm 13 Mortgage Insurance premiums (see instructions). . . 14 investment interest. Attach Form 4952 If reqwred (See instructions.) 15 Add lines10throuh 14. . _ ' . . Gifts to 16 Gifts by cash or check if you made any gift of $250 or more, = Charity see instructions. . . . If you made a 17 Other than by cash or check. If any gift of $250 or more, see gift and got a instructions. You must attach Form 8283 if over $500. benfi'fm'tv 18 Carryover from prior year see'\"s"\""\"5- 19 Add lines16throuh 18 . Casualty and Theft Losses 20 Casualt or theft loss es.Attach Form 4684. (See instructions. . J01) EXPGITSBS 21 Unreimbursed employee expensesjob travel, union dues, 1 ,I and Certain job education, etc. Attach Form 2106 or 2106-EZ if required. : f : Miscellaneous (See instructions.) b Deductions 22 Tax preparation fees . . . . . . . . . . . 23 Other expensesinvestment, safe deposit box, etc. List type 'f and amount P 24 Add lines 21 through 23. . . 25 Enter amount from Form 1040, line 38 25 I 03 CI) 6; 26 Multiply line 25 by 2% (0.02) . . . . 27 Subtract line 26 from line 24. If line 26 Is more than line 24, enter -0 . Other 28 Otherfrom llSt In Instructions. Listty pa and amount } UHtfirhy - i' -- 5 i ---------- Miscellaneous 0199" eviip iii 175' ) uniting\"! ypmwgem Deductions qo "-g-j- "-5- . . _ Total 29 Is Form 1040, line 38, over 15 ,650? Itemized [X No. Your deduction is not limited. Add the amounts in the far right column Deductions for lines 4 through 28. Also, enter this amount on Form 1040, line 40. [I Yes. Your deduction may be limited. See the Itemized Deductions Worksheet in the instructions to figure the amount to enter. 30 If you elect to itemize deductions even though they are less than your standard _ .: deduction,checkhere . . . . . . . . . . . . . . . . . . .> El ,1; For Paperwork Reduction Act Notice, see Form 1040 instructions. Cat. No. 17145C Schedule A (Form 1040) 2016 SCHEDULE B OMB No. 15450074 Interest and Ordinary Dividends (Form 1040A or 1040) (\"W Jam; :21? >Attach to Form 1040A or 1040. Mgr?! 6 Dlntewmalal 1%w 8:39:39) > Information about Schedule B and its instructions is at www.irs.gov/scheduleb. S _uenc:"No_ 08 Nam 3) shown on return . Your social security number lchard M. \\Nllon 2414- 2(1) 6] Part I 1 List name of payer. if any interest is from a seller-nanced mortgage and the Amount buyer used the property as a personal residence, see instructions on back and list "115973315 this interest first. Also, show that buyer's social security number and address > (See instructions ___ "'7 """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" v on backandthe __Qtlm_nl<___of_lt_l ............................................................... ie instructions for _ form or m line no.9: received a statement from brokerage list the firm addtheamountsonline1. . payer and enter total interest excludable on series ee us. savrngs bonds issued after show that attach form. subtract result here> ' Note: If line 4 is over $1,500, ou must com-lete Part III. Amount Part II 5 List name of payer > __________________________________________________________________________________ Ordinary ....Icl.ik.-.COI Dividends (See instructions on back and the instructions for Form 1040A, or Form 1040, line 9a.) Note: If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's f; . a s :3 gs +00 '3 . :3: E- r I_Il a , O name as the -------------------------------------------------------------------------------------------------------------- payer and enter ______________________________________________________________________________________________________________ magggsaghown 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form onthatforn-L 1040,line9a......................> Note: If line 6 is over $1,500, ou must comlete Part III. You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign account; or (c) received a distribution from. or were a grantor of, or a transferor to, a foreign trust. Part III 7a At any time during 2016, did you have a financial interest in or signature authority over a nancial . account (such as a bank account, securities account, or brokerage account) located in a foreign Forelgn country? See instructions - Accounts ,, ,, . . . . . . ' If Yes, are you reqUIred to file FInCEN Form 114, Report of Foreign Bank and Financral and Trusts Accounts (FBAFl), to report that financial interest or signature authority? See FinCEN Form 114 (See and its instructions for filing requirements and exceptions to those requirements . . Egrfmns " b If you are required to file FinCEN Form 114, enter the name of the foreign country where the financial account is located > __________________________________________________________________________________________ 8 During 2016, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If \"Yes," you may have to file Form 3520. See instructions on back . Cat. No. 17146N Schedule B (Form 1040A or 1040) 2016 For Paperwork Reduction Act Notice, see your tax return instructions. SCHEDULE 0 Profit or Loss From Business 0MBN-1545*'74 (Form 1040) (Sole Proprietorship) 2@ 1 6 Wm\" of the Treasury > Information about Schedule c and its separate Instructions is at www.irs.gov/schedulec. Attachment lntemal Revenue Service (99) VAttach to Form 1040, 1040MB, or 1041; partnerships generally must le Form 1065. Sequence No. 09 Social security number (SSN) Nameotprdmn K WHSOW lq'' \"~25 A C LIQ'II Principal business or profession, including product or service (see instructions) B Enter code from Instructions have! arm\" and reservation VVICQ > 5 , l 5 0 Business name. If no separate bilsiness name, leave blank. D Emphvofin numberlElNl. (see insir-l t u, ave i 'Cl 14-2639 56H. Business address (including suite or room no.) > \":1 D_Q'_IYE - 14 1.1.6; \"Ma ______________________________________________________ Ci , town or ost office, state, and ZIP code W 9 W I, , i , b r Accounting method: (1) MCash (2) [:IAccrual (3) Other (specify) F _____________________________________________________________ Did you "materially par'ticipate'I in the operation of this business during 2016? If \"No," see instructions for limit on losses . EV\" El "0 If you started or acquired this business during 2016, check here . . . . . . . . . . . . . . . . . > [I Did you make any payments in 2016 that would require you to le Form(s) 1099? (see instructions) . . . . . . . . D Yes EN" If 'Yes,' did ou or will ou file r--uired Forms 1099? . . . . . . . . . . . . . . . . . . . . . D Yes D N Part I Income 1 GUI-50M 7 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on 7 Form W-2 and the \"Statutory employee" box on that form was checked . . . . . . . . . > I] I Jl" O 00 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . \" Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . Cost or goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . " Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . \" Other income, including federal and state gasoline orfuel tax credit or refund (see instructions) . . . . \" Gross income. Add linesSandG . . . . . . V \" Part II Expenses. Enter ex-enses for business use of our home only on line 30. 1O 11 12 13 14 15 16 8188: 32 Advertising . . . . . \"In\"- 18 Ofce expense (see instructions) Car and truck expenses (see 19 Pension and prot-sharing plans instructions). . . . . a 2I q (02- I 20 Rent or lease (see instructions): Commissions and fees . m- a Vehicles, machinery, and equipment ' ' b Other business property . Depletion . . . . . mm- 21 Repairs and maintenance . . Depreciation and section 179 22 Supplies (not included in Part III) . expense deduction (not . included in Part III) (see lg. 23 Taxes and Ilcenses . instructions). . . . . Employee benefit programs \"- (other than on line 19) . . entertainment (see instructions) 25 Utilities Total expenses before expenses for business uSe of home. Add lines 8 through 27a . . . . . . > Tentative profit or (loss). Subtract line 28 from line 7 . mm \"2'70- ~53 b ooo , .0' it 000 b) I. 24 Travel, meals, and entertainment: a Travel . b Deductible meals and Interest: d-l . . . . Mortgage (paid to banks. etc.) 26 Wages (less employment credits) . Other . . . . . . m- 27a Other expenses (from line 48) . Legal and professional services -mmI-- Reserved for future use . Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless using the simplified method (see instructions). Simplied method filers only: enter the total square footage of: (a) your home: and (b) the part of your home used for business: . Use the Simplified Method Worksheet in the instructions to figure the amount to enter on line 30 . . . . . . . . . Net prot or (loss). Subtract line 30 from line 29. 0 If a prot, enter on both Form 1040, line 12 (or Form 1040NR, line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see instructions). Estates and trusts, enter on Form 1041, line 3. o If a loss, you must go to line 32. If you have a loss, check the box that describes your investment in this activity (see instructions). - If you checked 32a, enter the loss on both Form 1040, line 12, (or Form 1040MB, line 13) and on Schedule SE, line 2'. (If you checked the box on line 1, see the line 31 instructions). Estates and 323 D A" investment is at risk- trusts, enter on Form 1041, line 3. 32b El Some investment Is not at risk. - If you checked 32b, you must attach Form 6198. Your loss may be limited. For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11334P Schedule c (Form 1040) 2016 It WEE EH / n C; e.) Schedule 0 (Form 1040) 2016 Page 2 IEIIII Cost of Goods Sold (see instructions) 33 Method(s) used to value closing inventory: a El Cost b E] Lower of cost or market 0 I] Other (attach explanation) 34 Was there any change in determining quantities, costs, or valuations between opening and closing inventory? if "Yes," attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . D Y\" El N 35 Inventory at beginning of year. if different from last year's closing inventory, attach explanation . Purchases less cost of items withdrawn for personal use 37 Cost of labor. Do not include any amounts paid to yourself . 38 Materials and supplies 39 Other costs . 40 Add lines 35 through 39 . 41 inventory at end of year . 42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562. 43 When did you place your vehicle in service for business purposes? (month, day, year) > / / 44 Of the total number of miles you drove your vehicle during 2016, enter the number of miles you used your vehicle for: a Business b Commuting (see instructions) 0 Other 45 Was your vehicle available for personal use during off-duty hours? . . . . . . . . . . . . . . . D Yes [:1 N0 46 Do you (or your spouse) have another vehicle available for personal use?. . . . . . . . . . . . . . D Yes D N 47a Do you have evidence to support your deduction? . . . . . . . . . . . . . . . . . . . . D Yes D N b lf\"Yes,"istheevidencewritten? . . . . . . . . . . . . . . . . . . . . . . Part V Other Expenses. List below business ex-enses not included on lines 826 or line 30. 48 Totalotherexpenses. Enterhereand on iine27a . . . . . . . . . . . . . . . . a Schedule 0 (Form 1040) 2016 OMB No. 1545-0074 216 Attachment Sequence No.12 SCHEDULE D (Form 1040) Capital Gains and Losses > Attach to Form 1040 or Form 1040NR. > Information about Schedule D and its separate instructions is at www.lIs.gov/scheduled. > Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. Department of the Treasury lntemal Revenue Service (99) roclal secu number 3~czqq Name(s) shown on return pram rd M WI lson m Short-Term Capital Gains and LossesAssets Held One Year or Less (9) (h) Gain or (loss) See instructions for how to figure the amounts to enter on the ' (d) (e) Adjustments Subtract column (a) \"ns below. . ' Proceeds Cost to gain or loss from from column (d) and The form may be eaSIer to complete If you round off cents to (sales price) (or other basis) Forrn(s) 8949, Part I, combine the result with whole dollars. column (9) line 2, column (9) 1a Totals for all short-term transactions reported on Form 1099B for which basis was reported to the lRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b . 1b Totals for all transactions reported on Forrn(s) 8949 with\"T Box A checked 2 Totals for all transactions reported on Forrn(s) 8949 with Bochhecked............. - 3 Totals for all transactions reported on Forrn(s) 8949 with Box C checked 4 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 , 4 5 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s)K-1...... . .. . .. 5 6 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet In the InstructIons . . 6 ( ) 7 Net short-term capital gain or (loss). Combine lines 1a through 6' In column (h). If you have any long- term capital gains or losses, go to Part ll below Otherwise, go to Part III on the back . . . . . 7 Long-Term Capital Gains and LossesAssets Held More Than One Year (g) (h) Gain or (loss) Adjustments Subtract column (s) to gain or loss from from column (d) and Forrn(s) 8949, Part II, combine the result with line 2, column (9) column (9) 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. (d) Proceeds (sales price) (a) Cost (or other basis) Ba Totals for all long-term transactions reported on Form 10993 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 Form 8949, leave this line blank and go to line 8b 8b Totals for all transactions reported on Forrn(s) 8949 with ---- Box D checked . . . . . . . . . 9 Totals for all transactions reported on Forrn(s) 8949 with ---- Box E checked . . . . . . . - sections reported on Forrn(s) 8949 with u"_ ' om 4797, Part I; long-term gain from Forms 2439 and 6252; and longterm gain or (loss) from Forms 4684, 6781, and 8824 . . . . . . . . . . . . . . 12 Net longterm gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 a 13 Capital gain distributions. Seethe instructions . . . . . . . . . . . . . . . a 14 Long-term capital loss carryover. Enter the amount. if any, from line 13 of your Capital Loss Carryover n Worksheet In the instructions . . . . . . . . . . . . . . . . . . ( I" 55 15 Net long-term capital gain or (loss). Combine lines 8a through 14' In column (h). Then go to Part Ill on a ( 3/ 00 00 ) theback. . . . . . . . . . . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 11338H Schedule D (Form 1040) 2016 ) Schedule 0 (Form 1040) 2016 Page 2 Summary Combine lines 7 and 15 and enter the result 0 If line 16 is a gain, enter the amount from line 16 on Form 1040, line 13, or Form 1040NFt, line 14. Then go to line 17 below. 0 If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22. - If line 16 is zero, skip lines 17 through 21 below and enter -0- on Form 1040, line 13, or Form 1040NR, line 14. Then go to line 22. 17 Are lines 15 and 16 both gains? El Yes. Go to line 18. |:I No. Skip lines 18 through 21, and go to line 22. 18 Enter the amount, it any, from line 7 of the 28% Rate Gain Worksheet in the instructions . . > 19 Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet in the instructions............................> 20 Are lines 18 and 19 both zero or blank? C] Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42). Don't complete lines 21 and 22 below. [I No. Complete the Schedule D Tax Worksheet in the instructions. Don't complete lines 21 and 22 below. 21 If line 16 is a loss, enter here and on Form 1040, line 13, or Form 1040NR, line 14, the smaller of: o The loss on line 16 or 0 ($3,000), or if married filing separately, ($1.500) Note: When figuring which amount is smaller, treat both amounts as positive numbers. 22 Do you have qualified dividends on Form 1040, line 9b, or Form 1040NR, line 10b? [:I Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42). 1:] No. Complete the rest of Form 1040 or Form 1040NR. Schedule D (Form 1040) 2016 SCHEDULE E (Form 1040) OMB No. 1545-0074 216 Supplemental Income and Loss (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.) > Attach to Form 1040, 1040NR, or Form 1041. Attachment > Information about Schedule E and its separate instructions is at www.lrs.gov/schedulee. S uence No. 13 Name(s) shown on return Your sociel security number Richard M. wilSDi/i WIN-3840744 Income or Loss From Rental Real Estate and Royalties Note: If you are in the business of renting personal property. use Schedule c or c-EZ (see instructions). If you are an individual, report farm rental income or loss from Form 4835 on page 2, line 40. Department of the Treasury lntemal Revenue Service (99) A Did you make any payments in 2016 that would require you to le Forrn(s) 1099? (see instructions) C] Yes D No B if \"Yes," did ou or will ou file re-uired Forms 1099? El Yes E] No 1a Ph sical address of each coroe street, ci ,state, ZIP code A 4'77 BoardwaJ ma 1' Ct _ e , \" B C W TYPe Of Property 2 For each rental real estate property listed Fair Rental Personal U59 0 JV (from list below) above, report the number of fair rental and Days Days personal use days. Check the QJV box A only ityou meet the requirements to file as "n C] B a quali led )omt venture. See instructions. .3.__ [I c n [I Type of Property: 1 Single Family Residence 3 Vacation/Short-Term Rental 5 Land 7 SelfRental 2 Multi-Famil Residence 4 Commercial 6 R0 alties 8 Other describe Income: 3 Rents received . 4 Royalties received . Expenses: 5 Advertising . . . . . . . . 6 Auto and travel (see instructions . 7 Cleaning and maintenance 8 Commissions. 9 Insurance. . . . . . . 10 Legal and other professional fees . 11 Management fees . . . . . . . . . . . . 12 Mortgage interest paid to banks, etc. (see instructions) 13 Other interest. N - *l 14 Repairs. 15 Supplies 16 Taxes . 0 17 Utilities . 0 18 Depreciation expense or depletion 19 Other (list) > ________________________________________________________ 20 Total expenses. Add lines 5 through 19 . . . . . 21 Subtract line 20 from line 3 (rents) and/or 4 (royalties). If result is a (loss), see instructions to find out if you must fiieForm6198. . . . . . . . . . . .. loo 5'50 I-l- 22 Deductible rental real estate loss after limitation, if any, on Form 8582 (see instructions) . . . . . . . ) B we I%% . i I 23a Total of all amounts reported on line3for all rental properties . . . . Elm- Total of all amounts reported on line4for all royalty properties . . . . m: '& Total of all amounts reported on line12for all properties . . . . . . m Total of all amounts reported on line 18 for all properties m 27 23a - Total of all amounts reported on line 20 for all properties . . 24 Income. Add positive amounts shown on line 21. Do not include any losses . . . . . . . m a 25 Losses. Add royalty losses from line 21 and rental real estate losses from line 22. Enter total losses here mm ' O 26 Total rental real estate and royalty income or (loss). Combine lines 24 and 25. Enter the result here. ( 10, 8 50 if Parts II, III, N, and line 40 on page 2 do not apply to you, also enter this amount on Form 1040, line For Papemork Reduction Act Notice, see the separate instructions. Cat. No. 11344L Schedule E (Form 1040) 2016 00.00 17, or Form 1040NR, line 18. Otherwise, include this amount in the total on line 41 on am 2 \\/ Schedule E (Form 1040) 2016 Attachment Sequence No. 13 Page 2 Name(s) shown on return. Do not enter name and social security number If shown on other side. Your social security number Caution: The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K1. IE!" Income or Loss From Partnerships and S Corporations Note: If you report a loss from an atrisk activity for which any amount is not at risk, you must check the box in column (e) on line 28 and attach Form 6198. See Instructions. 27 Are you reporting any loss not allowed in a prior year due to the atrisk. excess farm loss, or basis limitations, a prior year unallowed loss from a passive activity (if that loss was not reported on Form 8582), or unreimbursed partnership expenses? If ou answered "Yes," see instructions before com-Ietin- this section. E} Yes E] No (b) EntetPior (0) Check If (d) Employer (9) Check if 28 (a) Name partnership; 3 foreign identication any amount is for S cor-oration partnership not at risk A _-E- III B --E- III c j- El 0 __-i- III Nonpasslve Income and Loss (0 Passive loss allowed (9) Passive income (attach Form 8582 if required) from Schedule K-1 (i) Section 179 expense (1) Nonpassive income deduction from Form 4562 from Schedule K-1 29a Totals . > , " 3 _ ' > , b Totals -, ' > ' _- 30 Add columns (9) and (j) of line 29a . . . . . . . 31 Add columns (1), (h), and (i) of line 29b . . . . . . . . . . . . . . . . . . . 32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter the result here and include in the total on line 41 below . Part III Income or Loss From Estates and Trusts (b) Employer 33 (a) Name identification number A B Passive Income and Loss Nonpassive Income and Loss (c) Passive deduction or loss allowed (1) Other income from (attach Form 8582 it required) from Schedule K-1 from Schedule K-1 Schedule K-t A --_-_ B -_-_- 34a Totals _ 7 . > ' . _- ~ b Totals _-, , r ' '1 ' f ' - 35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . E 36 Add columns (0) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . m 37 Total estate and trust income or (loss). Combine lines 35 and 36. Enter the result here and - include in the total on line 41 below . . . . . . . . . . . . . . . . . . . . 37 Part IV Income or Lose From Real Estate Mortga , 9 Investment Conduits (REMICs)Residual Holder (b) Employer Identification (c) 36955 '"C'USiP" "'\"' (d) Taxable Income (net loss) (e) Income from 38 (\"I \"a\" r'ggfmglum from Schedules a, line 1b Schedules 0, line 3b 39 Combine columns d and e onl . Enter the result here and include in the total on line 41 below @ Part V Summary 40 Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . m 41 Total income or (loss). Combine lines 26, 32, 37, 39. and 40. Enter the result here and on Form 1040. line 17, or Form 1040NR. line 18 > III 42 Reconciliation of taming and fishing Income. Enter your gross farming and shing income reported on Form 4835, line 7; Schedule K-1 .' (Form 1065), box 14, code B; Schedule K-1 (Form 11208), box 17, code . V; and Schedule K-1 (Form 1041), box 14. code F (see instructions) . . [5- 43 Reconciliation for real estate professionals. If you were a real estate professional (see instructions), enter the net income or (less) you reported ' anywhere on Form 1040 or Form 1040NR from all rental real estate activities in which ou materiall artici-ated under the assive activl loss rules . . [El- Schedule E (Form 1040) 2016 OMB No. 1545-0074 216 Attachment Sequence No. 1 7 zqoq2385 SCHEDULE SE (Form 1040) Department of the Treasury lntemal Revenue Service (99) Self-Employment Tax > Information about Schedule SE and its separate instructions is at www.irs.gov/schedulese. >Attach to Form 1040 or Form 1040NR. Name of person with sell-employment income (as shown on Form 1040 or Form 1040NR) Social security number of person Anna k. wnso Before you begin: To determine if you must file Schedule SE, see the instructions. May I Use Short Schedule SE or Must I Use Long Schedule SE? Note. Use this flowchart only if you must file Schedule SE. If unsure, see Who Must File Schedule SE in the instructions. Did you receive wages or tips In 2016? Yes Are you a minister, member of a religious order, or Christian Science practitioner who received IRS approval not to be taxed on earnings from these sources. but you owe self-employment tax on other earnings? No Are you using one of the optional methods to figure your net Yes earnings (see instnictions)? No Was the total of your wages and tips subject to social security Yes or railroad retirement (tier 1) tax plus your net earnings from self~employment more than $1 18,500? DId you receive tips subject to sectal security or Medlcare tax that you didn't report to your employer? No , . , Did you report any wages on Form 8919, Uncollected Social You Did you receive church employee income (see Instmctlons) Yes Security and Medicare Tax on Wages? reported on Form W-2 of $108.28 or more? No You may use Short Schedule SE below You must use Long Schedule SE on page 2 Section AShort Schedule SE. Caution. Read above to see if you can use Short Schedule SE. 1a Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065),box14,codeA........................ b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F. line 4b, or listed on Schedule K-1 (Form 1065), box 20, code Z 2 Net profit or (loss) from Schedule C, line 31; Schedule CEZ, line 3; Schedule K-1 (Form 1065), box 14, code A (other than farming); and Schedule K1 (Form 10658), box 9, code J1. Ministers and members of religious orders, see instructions for types of income to report on this line. See instructions for other income to report . Combinelines1a,1b,and2 ..................... 4 Multiply line 3 by 92.35% (0.9235). If less than $400, you don't owe selfemployment tax; don't file this schedule unless you have an amount on line 1b. . . . . . . . . . . . . > Note. If line 4 is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. 5 Self-employment tax. If the amount on line 4 is: - $118,500 or less, multiply line 4 by 15.3% (0.153). Enter the result here and on Form 1040, line 57, or Form 1040MB, line 55 o More than $118,500, multiply line 4 by 2.9% (0.029). Then, add $14,694 to the result. Enter the total here and on Form 1040. line 57, or Form 1040NR, line 55. 6 Deduction for one-half of self-employment tax. Multiply line 5 by 50% (0.50). Enter the result here and on Form 1040, line 27, or Form 1040NR, line 27 . For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 113582 Schedule SE (Form 1040) 2016 Q Schedule SE (Form 1040) 2016 Attachment Sequence No. 1 7 Page 2 Name of person with sellemployment income (as shown on Form 1040 or Form 1040NR) Social security number of person with self-employment income > Section BLon Schedule SE Self-Em lo ment Tax Note. If your only income subject to self-employment tax is church employee income, see instructions. Also see instructions for the definition of church employee income. A If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form 4361, but you had $400 or more of other net earnings from self-employment, check here and continue with Part | . . . . . . > El 1a Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065), box 14, code A. Note. Skip lines 1a and 1b if you use the farm optional method (see instructions) E b If you received social security retirement or disability benets, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 (Form 1065), box 20, code 2 ) 2 Net profit or (loss) from Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-1 (Form 1065), box 14, code A (other than farming); and Schedule K-1 (Form 1065-B), box 9, code J1. Ministers and members of religious orders, see instructions for types of income to report on this line. See instructions for other income to report. Note. Skip this line if you use the nonfarm optional method (see instructions) . Combine lines 1a, 1b, and 2. 3 . . 4a If line 3' Is more than zero, multiply line 3 by 92. 35% (0.9235). Otherwise, enter amount from line 3 EE Note. if line 4a' Is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. g= b if you elect one or both of the optional methods, enter the total of lines 15 and 17 here . c Combine lines 4a and 4b. if less than $400, stop; you do not owe self-employment tax. Exception. If less than $400 and you had church employee income, enter -0- and continue > 5a Enter your church employee income from Form W-2. See instructions for definition of church employee' Income . . 5a b MultIply |Ine5a by92. 35% (09235) lflessthan $100, enter-0-. . . . . . . . . 6Addlines4cand5b........................ 7 Maximum amount of combined wages and self-employment earnings subject to social securityn tax or the 6 2% portion of the 7. 65% railroad retirement (tier 1) tax for 2016. . . 1 18, 500 00 Ba Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $118,500 or more, skip lines 8b through 10, and go to line 1183 b Unreported tips subject to social security tax (from Form 4137, line 10) m_- c Wages subject to social security tax (from Form 8919 line 10) m_- Add IIneSSa 8b, and8c . . . . . . . . 9 Subtract line ad from line 7 If zero or less, enter 0- here and on line 10 and go to line 11 10 Multiply the smaller of line 6 or line 9 by 12.4% (0.124) . 11 Multiply line 6 by 2. 9% (0.029).. . . 12 Self-employment tax. Add lines 10 and 11. Enter here and on Form 1040, line 57, or Form 1040NR, line 55 m 13 Deduction for one-half of self-employment tax. Multiply line 12 by 50% (0.50). Enter the result here and on Form 1040 line 27 or Form 1040NR, line 27 . . . . . . 13 Part II Optional Methods To Figure Net Eamin-s (see instructions) Farm Optional Method. You may use this method only if (a) your gross farm income' was not more than $7, 560, or (b) your net farm profits\" were less than $5,457. ~' 14 Maximum Income for optional methods . . . . . . . . . . . . . 15 Enter the smaller of: two-thirds (\"/a) of gross farm income' (not less than zero) or $5,040. Also include this amount on line 4b above. Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits\" were less than $5,457 and also less than 72.189% of your gross nonfarm income,' and (b) you had net earnings from self-employment of at least $400 in 2 of the prior 3 years. Caution. You may use this method no more than five times. 16 Subtract line 15 from line 14. Q. 17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income' (not less than zero) or the .- amcunt on line 16. Also include this amount on line 4b above. . . . . . 17 ' From Sch. F, line 9, and Sch. K-1 (Form 1065), box 14, code B. 3 From Sch. C. line 31; Sch C-EZ, line 3; Sch. K- 1 (Form 1065), box 14, code 1 From Sch. F, line 34, and Sch. K-1 (Form 1065 , box 14, code Aminus the A' and SCh' K 1 (Form 1065 B)' box 9' d J1' amount you would have entered on line 1b ha you not used the optional ' From Sch. C, line 7, Sch. C- EZ, line 1; Sch. K-1 (Form 1065), box 14, code C, and Sch. K-1 (Form 1065- -B), box 9, code J2. Schedule SE (Form 1040) 2016 method. OMB No. 1545-0074 216 Attachment S ouence No. 129A Social security number 2'1'4-3 - (122qu pm 2106-EZ Department of the Treasury Internal Revenue Service (99) Your name chard M-WIIGOI'I You Can Use This Form Only it All of the Following Apply. ' You are an employee deducting ordinary and necessary expenses attributable to your job. An ordinary expense is one that is common and accepted in your field of trade, business, or profession. A necessary expense is one that is helpful and appropriate for your business. An expense doesn't have to be required to be considered necessary. 0 You don't get reimbursed by your employer for any expenses (amounts your employer included in box 1 of your Form W-2 aren't considered reimbursements for this purpose). 0 If you are claiming vehicle expense, you are using the standard mileage rate for 2016. Caution: You can use the standard mileage rate for 2016 only if: (a) you owned the vehicle and used the standard mileage rate for the rst year you placed the vehicle in service, or (b) you leased the vehicle and used the standard mileage rate for the portion of the lease period after 199 7. Figure Your Expenses Unreimbursed Employee Business Expenses P Attach to Form 1040 or Form 1040NR. D Information about Form 2106-EZ and its instructions is available at www.irs.gov/fonn2106ez. Occupation in which you incurred expenses Controllt'rrTelOl'a r Cor . 1 Complete Part II. Multiply line 8a by 54 (0.54). Enter the result here 2 Parking fees, tolls, and transportation, including train, bus, etc., that didn't involve overnight travel or commuting to and from work 3 Travel expense while away from home overnight, including lodging, airplane, car rental, etc. Don't include meals and entertainment . 4 Business expenses not included on lines 1 through 3. Don't include meals and entertainment 5 Meals and entertainment expenses: $ '30 x 50% (0.50). (Employees subject to Department of Transportation (DOT) hours of service limits: Multiply meal expenses incurred while away from home on business by 80% (0.80) instead of 50%. For details. see instructions.) 6 Total expenses. Add lines 1 through 5. Enter here and on Schedule A (Form 1040), line 21 (or on Schedule A (Form 1040NR), line 7). (Armed Forces reservists, fee-basis state or local government ofcials, qualified performing artists, and individuals with disabilities: See the instructions for special rules on where to enter this amount.) . Part II Information on Your Vehicle. Complete this part only if you are claiming vehicle expense on line 1. 7 When did you place your vehicle in service for business use? (month, day, year) > / / 8 Of the total number of miles you drove your vehicle during 2016, enter the number of miles you used your vehicle for: a Business ________________________________ b Commuting (see instructions) _____________________________ c Other _____________________________ 9 Was your vehicle available for personal use during offduty hours? . . . . . . . . . . . . . . & Yes [I No 10 Do you (or your spouse) have another vehicle available for personal use? . . . . . . . . . . . . w Yes D No 11a Do you have evidence to support your deduction? . . . . . . . . . . . . . . . . . . . CI Yes I] No b If \"Yes," is the evidence written? . . . . . . . . . . . . . . . . . . . . . . . . . [I Yes I] No For Paperwork Reduction Act Notice, see your tax return Instructions. Cat. No. 206040 Form 2106-EZ (2016) Depreclation and Amortizatlon 0MB No.154540172 F"\" 4562 (Including lnfonnatlon on Listed Property) 2 1 6 b Attach to your tax return. Depart ttheTreasu Atta hment Inwmmu. 5mm, 'y 99 > Information about Form 4562 and its separate Instructions is at www.lrs.gov/fonn4562. Seqence No. 179 Name(s) shown on return llwrmra M-Wilson Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. Maximum amount (see instructions) . . . . . . . . . . . . Total cost of section 179 property placed in service (see instructions) . . . . Threshold cost of section 179 property before reduction in limitation (see instructions) . Reduction in limitation. Subtract IineSfrom line 2. If zero or less, enter -0- . . . . . . . . . Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less. enter -0-. If married filing separately,seeinstructions . . . . . . . . . . . . . . . . . . .l (a) Description of property (b) Cost (business useonl "_ 7 Listed property. Enter the amount from line 29 . . . . . . . - 1 8 Total elected cost of section179 property. Add amounts in column (0), line - . 9 Tentative deduction. Enter the smaller of line50r IineB . . . . . . 10 Carryover of disallowed deduction from line 13 of your 2015 Form 4562 . . . . . . . . 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 . . . . . . [a 13 Car over of disallowed deduction to 2017. Add lines 9 and 10, less line 12 P [a Note: Don't use Part II or Part Ill below for listed noroe . Instead, use Part V. Part ll Special Depreciation Allowance and Other Depreclation Don't include listed n-roe .) See instructions. 14 Special depreciation allowance for qualified property (other than listed property) placed in service a IE IE 1 2 3 4 5 a: during the tax year (see instructions) 15 Property subject to section 168(f)(1) election . 16 Otherde-oreciationincludinACRS . . . . . . . . . . . . . . . . . Part III MACRS Depreciation (Don't include listed pro-ert .) (See instructions.) SectlonA 17 MACRS deductions for assets placed in service in tax years beginning before 2016 . . . . . . . 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 D E) Section BAssets Placed in Service During 2016 Tax Year Using the General Depreciation Sysetm . v~n an Year G :. is or .eprecla lOfI (d) RBCOVG (8) Classification of property placed in (business/investmentuse erlod ry service on see instructions p 19a 3- ear --roert b 5- ear o-roe c 7- ear ropert d10- ear ooroert e 15- ear vropert 1'20- ear o-roert : 25- ear ooroert (e) Convention (1) Method (9) Depreciation deduction 5/L 5/L S/L S/L 5/ L . 2016 Tax Year Usin the Alternative Depreciation System S/L S/L 5/L 25 yrs. 27.5 yrs. 27.5 yrs. 59 yrs. Z i i Z Listed property. Enter amount from line 28 . . . . . . . . . . . . . . . . . . . . 22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (9), and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporationssee instructions 23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 12906N Form 4562 (2016) Form 4562 2016 Page 2 '3\" Listed Property (include automobiles, certain other vehicles, certain aircraft, certain computers, and property used for entertainment, recreation, or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable. Section ADepreciation and Other Information (Caution: See the instructions for limits for coassener automobiles.) 24a Do ou have evidence to su- . rt the businessnvestment use claimed? I] Yes Cl No 24b If \"Yes,\" is the evidence written? El Yes E] No (C) (e) (a) (bi B . . . . (9) (h) (i . usiness/ (d) Basis for depreciation . . . Type of property (list Date placed g . , Method/ Depreciation Elected section 179 vehicles first) in service nvestment us Cost or other ba5is (businessnvestment Convention deduction cost percentage use only) 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualied business use (see instructions) . 26 Propert u ed more than 50%' in a qualified business use: 28 Add amounts in column (h), lines 25 through 27 Enter here and on line 21. page 1 29 Add amounts' in column (i), line 26. Enter here and on line 7, o-ae 1 . Section Blnfomiation on Use of Vehicles Complete this section for vehicles used by a sole proprietor, partner, or other" more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles. if) 30 Total business/investment miles driven during Vehicle 6 the year (don't include commuting miles) 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add lines 30 through 32 Was the vehicle available for personal use during off-duty hours? . 35 Was the vehicle used primarily by a more than 5% owner or related person? ls another vehicle available for ersonal use? Section CQuestlons for Employers Who Provide Vehlcles for Use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons (see instructions). Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by youremployees?. 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.) Note: If our answer to 37, 38, 39, 40, or 41 is \"Yes," don't com-lete Section B for the covered vehicles. Amortization s No (9) (d) Amortization Code section period or percentage (a) 'b' . . in) Description of costs Date amortization Amortizable amount 43 Amortization of costs that began before your 2016 tax year . . . . 44 Total. Add amounts in column . See the instructions for where to re-ort . Form 4562 (2016) pom. 8283 Noncash Charitable Contributions OMB No. 15450908 > Attach to your tax return if you claimed a total deduction of over $500 tor all contributed property. Attachment Sequence No. 155 (Rev. December 2014) Department of the Treasury Internal Revenue Service > Information about Form 8283 and its separate lnstructlons is at www.irs.gov/form8283. Narne(s) shown on your income tax return PiCViV'd M- Wilfwh Note. Figure the amount of your contribution deduction before completing this form. See your tax return instructions. Section A. Donated Property of $5,000 or Less and Publicly Traded SecuritiesList in this section only items (or groups of similar items) for which you claimed a deduction of $5,000 or less. Also list publicly traded securities even if the deduction is more than $5,000 (see instructions). Part I Information on Donated PropertyIf ou need more s-ace, attach a statement. (c) Description of donated property (For a vehicle. enter the year, make. model. and mileage. For securities, enter the company name and the number of shares.) Identifying number (b) If donated property is a vehicle (see Instructions), 1 (a) Name and address 01' the check the box. Also enter the vehicle identification donee organization number (unless Form 1098~C is attached). A i n-m-mmm. 3 -_ _---...m........ c _ IIIIIIIIIIIIIIIII D ' IIIIIIIIIIIIIIIII E E . IIIIIIIIIIIIIIIII . - L ' Note. If the amount you claimed as a deduction for an item is $500 or less. you do not hav '5' pie e columns (e), (f), and (g). ' (g) Donor'sco (h) .r rket value (l) Method used to determine or adjust - basi (s- : instructions) the fair market value mUOtn> I Part II Partial Interests and Restricted Use PropertyComplete lines 2a through 2e if you gave less than an entire interest in a property listed in Part l. Complete lines 3a through So if conditions were placed on a contribution listed in Part i; also attach the required statement (see instructions). 2a Enter the letter from Part I that identifies the property for which you gave less than an entire interest b If Part ll applies to more than one property, attach a separate statement. b Total amount claimed as a deduction for the property listed in Part I: (1) For this tax year > (2) For any prior tax years b 0 Name and address of each organization to which any such contribution was made in a prior year (complete only if different from the donee organization above): Name of charitable organization (donee) Address (number. street. and room or suite no.) City or town, state. and ZIP code d For tangible property. enter the place where the property is located or kept > e Name of any person, other than the donee organization, having actual possession of the property > 3a is there a restriction, either temporary or permanent, on the donee's right to use or dispose of the donated property? . - b Did you give to anyone (other than the donee organization or another organization participating with the donee organization in cooperative fundraising) the right to the income from the donated property or to the possession of ? _ the property, including the right to vote donated securities, to acquire the property by purchase or otherwise, or to 'i g designate the person having such income, possession, or right to acquire? - - c Is there a restriction limiting the donated property for a particular use? . . For Paperwork Reduction Act Notice, see separate Instructions. Cat. No. 62299.] Form 8283 (Rev. 12-2014) Form 8283 (Rev. 12-2014) Page 2 Name(s) shown on your income tax return I Identifying number Section B. Donated Property Over $5,000 (Except Publicly Traded Securities)Complete this section for one item (or one group of similar items) for which you claimed a deduction of more than $5,000 per item or group (except contributions of publicly traded securities reported in Section A). Provide a separate form for each property donated unless it is part of a group of similar items. An appraisal is generally required for property listed in Section B. See instructions. IEII Information on Donated PropertyTo be completed by the taxpayer and/or the appraiser. 4 Check the box that describes the type of property donated: a [I Art' (contribution of $20,000 or more) d E! An\" (contribution of less than $20,000) 9 El Collectibles" 1' [1 Other b El Qualified Conservation Contribution e D Other Real Estate h C] Intellectual Property c El Equipment f C] Securities i [:1 Vehicles 'Art includes paintings, sculptures, watercolors, prints. drawings, ceramics, antiques, decorative arts. textiles. carpets, silver, rare manuscripts, historical mem