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May I please have someone create this 2018 tax return. and attach any needed forms as well. thank you. Also, line 2(b) should read: Keith
May I please have someone create this 2018 tax return. and attach any needed forms as well. thank you.
Also, line 2(b) should read:
Keith is a partner in a partnership that sells airplane parts. The Schedule K-1 is attached. He materially participates in the business. His total investment is at risk, he did not have any changes in ownership, and he does not have any loans to the partnership.
Use the following information to complete Keith and Jen Hamilton's 2018 federal income tax return. Form 1040, supporting schedules, and instructions to the forms and schedules can be found at www.irs.gov.You do not need to attach copies of the information forms (i.e. W-25, 1099s, etc.) to the return and disregard due diligence checklists. The facts are as following: 1. Keith is employed as an airline pilot for Flyby Airlines In Las Vegas, NV. Jenis employed as a kindergarten teacher at Small World Elementary School, in Henderson, NV. Keith and Jenlive in a home they purchased this year. Keith and Jen have three children who lived with them all year, Sid, Robert and Tiffany. Keith and Jen had health coverage for the family for the full year and did not have any foreign bank accounts or trusts. Keith and Jen provided the following personal information: a. Keith and Jen wish to contribute to the presidential election campaign. Keith and Jen do not claim itemized deductions. b. Keith and Jen live at 1234 Easy Street, Las Vegas, NV 89101. c. Keith's birthday is 2/12/1947 and his Social Security number is 432-45-6789. d. Jen's birthday is 12/31/1967 and her Social Security number is 867-53-0911. e. Robert's birthday is 5/13/2010 and his Social Security number is 452-43-3232. f. Tiffany's birthday is 1/8/2011 and her Social Security number is 452-24-1980. 9. Sid's birthday 2/2/2012 and his Social Security number is 452-51-4589. 2. Keith and Jen have included the tax documents they received during the year with this package. Keith and Jen have also provided you with the following information: a. On January 21, 2018 Jen was involved in a car accident. Because the other driver was at fault, the other driver's insurance company reimbursed Jen $1,350 for medical expenses that she paid out of pocket and paid her $1,000 foremotional distress originating from the physical injury from the accident. The other driver was ordered to pay Jen $700 restitution as punitive damages. She received payment on March 15,2018 b. Keith is a partner in a partnership that sells airplane parts. The Schedule K-1 is attached. He materially participates in the business. His total investment is at risk, he did not have any changes in his stock ownership, and he does not have any loans to the corporation. c. On July 27, 2018, Jen purchased supplies for her classroom totaling $249.79. Small World Elementary does not reimburse teachers for their out of pocket costs. d. Jen's grandmother died during 2017. Jen received her inheritance of $30,000 on May 12, 2018. On July 25, 2018, Keith's aunt Beatrice gave Keith $18,000 because she wanted to let everyone know that Keith is her favorite nephew. Keith gave a gift to his favorite niece, Carolyn, of cash in the amount of $10,000. Carolyn's social security number is 550-85-9654. She resides at 963 Mesa Street, Las Vegas, NV 89101. Her age is 18. Keith has not made any prior gifts. f. On January 5, 2018, Keith and Jen sold their home in Las Vegas, NV,for $510,000 (net of commissions). Keith and Jen purchased the home eleven years ago for $470,000. On January 29, 2018, they bought a new home for $675,000 9. Keith won a jackpot at the Mirage Casino during the year, in the amount of $15,000. He incurred $7,500 in gambling losses, paid during 2018, before winning the jackpot. h. Keith and Jen made four timely quarterly estimated payments of $1,500. Their prior year tax was $16,750 and no payments were applied from 2017. They would like their overpayment, if any, applied to next year. OMB No. 1545-0008 22222 a Employee's social security number 867-53-0911 b Employer identification number (EIN) 14.030812 c Employer's name, address, and ZIP code 22222 a Employee's social security number 437-45.6789 b Employer identification number (EIN) 74-4561234 c Employer's name, address, and ZIP code 1 Wages, tips, other compensation 2 Federal income tax withheld 6,250 4 Social security tax withheld 20,000 2,480 OMB No 1545-0008 1 Wages, tips, other compensation 42,000 3 Social security wages 42,000 5 Medicare wages and tips 42,000 7 Social security tips 2 Federal income tax withheld 18.000 4 Social security tax withheld 7,440 6 Medicare tax withheld 1740 8 Allocated tips 3 Social security wages 120,000 5 Medicare wages and tips 120,000 7 Social security tips 6 Medicare tax withheld Flyby Airlines 200 plane Dr. Small World Elementary 808 Library uni (tenderson, NV 89101 580 8 Allocated tips Las Vegas, n NV | d Control number 9 Verification code 10 Dependent care benefits d Control number 9 Verification code 10 Dependent care benefits Employee's first name and initial Last narne Suff 11 Nonqualified plans 12a 12a e Employee's first name and initial Last name Suff. 11 Nonqualified plans DDI 5,200 Statutory employee Potremont 12b 12b 13 ory om Sird-party Jo pay 0 sick pery 1 Jen Hamilton 1234 Easy Street Las Vegas, NV 89101 14 Other 12c 14 Other Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 12c 1 12d 12d f Employee's address and ZIP code 15 Sizle Employer's state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, sto 19 Local income tax 20 Locally name f Employee's address and ZIP code 15 State Employer's state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Locality name Department of the Treasury-Internal Revenue Service Department of the Treasury - Internal Revenue Service W-2 Wage and Tax 2018 2018 Form W-2 Wage and Tax Form Copy 1-For State, City, or Local Tax Department Copy 1-For State, City, or Local Tax Department VOID CORRECTED PAYER'S name, street address, city or town, state or province, country, ZIP 1a Total ordinary dividends or foreign postal code, and telephone no OMB No. 1545-0110 VOID CORRECTED PAYER'S name, street address, city or town, state or province, country, ZIP 1a Total ordinary dividends or foreign postal code, and telephone no. OMB No 1545-0110 15,000 2018 Dividends and Distributions 1b Qualified dividends $ 15,000 Charles Schwab 4141 Pinnacle Street New York, NY 10005 2018 Dividends and Distributions 5,000 1b Qualified dividends $ Form 1099-DIV 2b Unrecap. Sec. 1250 gain Charles Schwab 4141 Pinnacle Street New York, NY 10005 2a Total capital gain distr. $ 250 2c Section 1202 gain $ 5,000 Copy1 For State Tax Department Form 1099-DIV 2b Unrecap. Sec. 1250 gain PAYER'S TIN RECIPIENT'S TIN 2d Collectibles (28%) gain 2a Total capital gain distr. $ 250 2c Section 1202 gain Copy1 For State Tax Department PAYER'S TIN RECIPIENT'S TIN 2d Collectibles (28%) gain 74-0820045 432-45-6789 RECIPIENT'S name $ 3 Nondividend distributions 4 Federal income tax withheld $ $ 2,000 5 Section 199A dividends 8 Investment expenses $ $ RECIPIENT'S name 3 Nondividend distributions 4 Federal income tax withhold $ 2,000 5 Section 199A dividends 8 Investment expenses Street address (including apt. no.) 7 Foreign tax paid 8 Foreign country of U.S. possession Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 Streat address (including apt. no.) 74-0820045 432-45-6789 Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 7 Foreign lax paid Foreign country of U.S. possession City or town, state or province, country, and ZIP or foreign postal code $ 9 Cash liquidation distributions 10 Noncash liquidation distributions $ FATCA filling 11 Exempt-interest dividends 12 Specified private activity requirement bond interest dividends City or town, state or province, country, and ZIP or foreign postal code $ 9 Cash liquidation distributions 10 Noncash liquidation distributions $ FATCA filing 11 Exempt-interest dividends 12 Specified private activity requirement bond interest dividends Account number (see instructions) $ $ 13 State 14 State Identification 15 State tax withheld $ S Account number (see instructions) $ 13 State 14 State Identification no 15 State tax withheld Form 1099-DIV www.irs.gov/Form 1099DIV Department of the Treasury - Internal Revenue Service Form 1099-DIV www.irs.gov/Form1099DIV Department of the Treasury - Internal Revenue Service OMB No. 1545-0119 VOID CORRECTED PAYER'S name, street address, city or town, state or province, 1 Gross distribution country, ZIP or foreign postal code, and phone no. $ 12000 2a Taxable amount 2018 Met Life 150 Main Street San Francisco, CA Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. IS 6,000 2b Taxable amount Form 1099-R Total not determined distribution PAYER'S TIN RECIPIENT'S TIN 3 Capital gain (included in box 2a) 4 Federal income tax withheld Copy1 For State, City, or Local Tax Department :22-2349867) 432-45-678915 Keith Hamilton 600 RECIPIENT'S name 5 Employee contributions/ 6 Net unrealized Designated Roth appreciation in contributions or employer's securities insurance premiums $ Street address (including apt. no.) 7 Distribution 8 Other code(s) SEP/ SIMPLE S 90 City or town, state or province, country, and ZIP or foreign postal code 9a Your percentage of total 9b Total employee contributions IRA 7 7 1234 Easy Street Las Vegas, NV 89101 distribution %s 10 Amount allocable to IRR within 5 years 11 1st year of desig. Roth contrib: FATCA ling requirement 12 State tax withheld $ $ 15 Local tax withheld $ 13 State/Payer's state no. 14 State distribution $ IS 16 Name of locality 17 Local distribution Account number (see Instructions) Date of payment Form 1099-R www.irs.gov/Form 1099R Department of the Treasury - Internal Revenue Service 651118 OMB No 1545-0123 2018 Schedule K-1 (Form 1065) Department of the Treasury Internal Revenue Service Final K-1 Amanded K-1 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Ordinary business income oss) 25,000 2 Net rental real estate income (oss 1 15 Credits For calendar year 2018, or tax year / beginning A/ 2018 ending Partner's Share of Income, Deductions, Credits, etc. Part 1 Information About the Partnership 3 Other nel rental income 100%) 16 Foreign transactions See back of form and separate instructions. 4 Guaranteed payments A 5 Partnership's employer identification number 74-8569741 Partnership's name, address, city, state, and ZIP code Interest income B Ordinary dividends NEVADA PLANE REPAIRS, L.P. 550 MAIN STREET LAS VEGAS, NV 89101 ob Quallied dividends 6c IRS Center where partnership filed return Dividend equivalents 1 7 Royalties D Check if this is a publicly traded partnership PTP Part II Information About the Partner 8 Net short-term capital gain (oss) 17 Atemative minimum lax (AMT) Items E Partners identifying number 432-45-6789 Sa Net long-term capital gain foss) F Partner's name, address, city, state, and ZIP code KEITH HAMILTON 9b Collectibles (28%) gain foss) 1234 EASY STREET LAS VEGAS, NV 89101 Sc Unrecaptured section 1250 gain 18 Tax-exempt income and nordeductible expenses 10 G Net section 1231 gain (088) D General partner or LLC member- manager X Limited partner or other LLC member H x Domestic partner Foreign partner 11 Other income (loss) 11 19 Distribution 12 J What type of entity is this partner? INDIVIDUAL If this partner is a rarament plan (IRASEP/Keogh/etc.), check here Partner's share of proll, loss, and capitale instructions: Beginning Ending Profit 50 % Loss 50 % 12 Section 179 deduction 50 % 50 % 50 20 Other information Capital 50 13 Other deductions Z 25,000 Partner's share of abilities: AA 15,000 Beginning Ending 10000 $ 10000 Nonrecourse AB 0 14 Self-employment earnings (oss) 0 $ 15000$ 0 15000 AD 0 L $ Qualified nonnecourse financing $ Recourse $ Partner's capital account analysis: Beginning capital account Capital contributed during the year Current year inaresto (decreased Withdrawals & distributions Ending capital account $ "See attached statement for additional information. . $ 7,526 0 25,000 0) 32,526 ${ $ X Tax basis Other faxplain GAAP Section 704) book For IRS Use Only MDid the partner contribute properly with a built-in gain or los Yes x No "Yes."attach statements instructions) For Paperwork Reduction Act Notice, sen Instructions for Form 1065. www.irs.gowForm 1065 Cal. No. 11394R Schedule K-1 (Form 1065) 2018 Passive loss Passive incomo Net income Net loss 10. Foreign trans 5. Interest income Form 1040, line 25 Form 1040, line 3 Form 1116, Part 1 Code See the Partner's Instructions F Section 951A income Schedule K-1 Form 1065) 2018 Page 2 This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040. For detailed reporting and filing Information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return. 1. Ordinary business income (loss. Determine whether the income foss) is Code Report on passive or nonpassive and enter on your return as follows J Work opportunity credit Poporton K Disabled access credit See the Partner's instructions L Empowerment zone Schedule Eine 28, column employment credi Nonpassive loss Sen the Partner's instructions M Credit for increasing research See the Partners Instructions Nonpassive inconte Schedule Eine 28, column) activities N Credit for employer social 2. Net rontal real estate income foss) See the Partner's Instructions security and Medicare takes 3. Other net rental income foss) O Backup withholding Schedule E, line 28, column P Other credits See the Partner's Instructions transactions 4. Guaranteed payments Schedule E, line 28, column] A Name of country or U.S. possession 6a. Ordinary dividends Form 1040, line 3 B Gross income from all sources Form 1116, Part 1 6b. Qualified dividends Gross come sourced at 6c, Dividend equivalents See the Partner's Instructions 7. Royalties Schedule Eline 4 Foreign gross income sourced at partiership level 8. Net short-term capital gain oss Schedule D line 5 D Section 951A category 9a. Net long-term capital gain loss) Schedule D line 12 E Foreign branch category 96. Collectibles (28) gain loss 28% Rate Gain Worksheet, Ine 4 F Passive category (Schedule instructions G General category 9c, Unrecaptured section 1250 gain See the Partner's instructions H Other 10. Net section 1231 gain floss) See the Partner's Instructions Deductions allocated and apportioned at partner love 11. Other income (1088) I Interest expense Form 1116. Parti J Other Form 1116. Parti A Other portfolio income 003) Deductions alocated and appartioned at partnership love to foreign source B Invokintary conversions See the Partner's Instructions income CS 1256 contracts & straddles Form 678, line 1 K Section 951A category D Mining exploration costs recapture See Pub. 535 Foreign branch Category E Cancellation of dobit Schedule 1 Form 1000), Ine 21 M Passive category Form 982 N General category Form 1116. Parti Other G Section 650 inclusion Other information H Subpart F income other than See the Partner's Instructions P Total foreign tow pald Form 1116 Part 11 Section 51A and 965 inclusion Q Total foreign lanes accrued Form 1116, Part | Other income loss) R Reduction in taxes valable for credit Form 1115, line 12 12, Section 179 deduction See the Partner's Instructions S Foreign trading gross recept Form 8873 13. Other deductions T Extraterritorial income exclusion Form 8873 A Cash contributions (60%) U Section 911 tested income B Cash corributions (30%) V Tested foreign Income tax C Noncash contributions (50%) W Section 965 information See the Partner's Instructions D Nancash contributions (30%) See the Partner's X Other foreign transactions E Capital gain property to a 50% 17. Alternative minimum tax (AMT) items organization (30%) A Posl-1986 depreciation adjustment F Capital gain property (20%) B Adjusted gain or loss See the Partner's G Contributions (100%) C Deplotion (other than oil & gas) Instructions and H Investment interest expense Form 4952, line 1 D Ollas, & geothermal-goes Income the Instructions for Deductions - royalty income Schedule E, fina 19 E 01.9888 gooihermal-deductions Form 6251 Section 592) expenditures Soo the Partners Instructions F Other AMT items K Excess business interest expense Soo the Partner's Instructions 18. Tax-exempt income and nondeductible expenses L Deductions-portfolio other) Schedule A line 16 A Tax-exempt interest income Form 1040, Ine 2 M Amounts paid for medical insurance Schedule A line 1 or Schedule 1 B Other tax-exempl Income Form 10401. line 20 C Nondeductible expenses See the Partner's instructions N Estucational assistance bereits See the Partner's Instructions 19. Distributions o Dependent care benefits Form 2441. Ano 12 A Cash and marketable Securities P Preproductive period expenses See the Partner's Instructions B Distribution subject to section 737 See the Partner's Instructions Q Comercial revitalization deduction from rental real estate activities COther property 20. Other information R Pensions AS See the Partner's instructions S Palorestation expense deduction See the Partner's Instructions A Investment income Form 4952, line 4a T through V C Fuel tax credit information Form 4136 See the Partners Instructions D Qualified rehabilitation expenditures See the Partner's instructions X Section 965) deduction See the Partner's instructions (other than rontal real estate) 14. Self-employment earnings floss E Basis of energy property See the Partner's Instructions Note: If you have a section 179 deduction or any partner-level deductions, see the F Recapture of low.income housing Form 8611, line 8 Partners Instructions before completing Schedule SE. credit section 420150 A Not carnings (loss from G Recapture of lowercome housing Form 8011, line 8 Schedule SE, Section A or B credit the B Gross forming or fishing income See the Partner's Instructions Recapture of investment credit Soo Form 4255 C Gross non-farm income See the Partner's Instructions I Recapture of other credits Soo the Partner's Instructions j Look back interest - completed See Form 3697 A Low-income housing credit long-term contracts section 425) from pre-2008 K Look back interest Income forecas! See Form 8866 B Low-income housing credit L Dispositions of property with tohen from pre 2000 buildings C Low-income housing credit M Recapture of section 179 deduction Ninterest expense for corporate section 2015 from post-2007 buldings partners See the Partners Instructions o through Y D Low-income housing credit foi from posl-2007 AA Section 1994 W-2 wages See the Partner's Section 199A unadjusted basis Instructions E Qualled rehabilitation AC Section 199A REIT dividends expenditures frontal real estate) F Other rental real estate credits Other rental credits Undistributed capital gains credit Schedule 5 Form 1040), line 74. boxa AF Excess business interest income I Biofuel producer ordi See the Partner's Instructions AG Gross repte for section All AH Other information Instructions See the Partner's Instructions See Fom 8582 instructions B Investmont expenses Form 4952, line 5 Reserved for future use W Other deductions 15. Credits mathod Section 1999 income z AB AD Section 199A PTP Income Excess taxable income AE Use the following information to complete Keith and Jen Hamilton's 2018 federal income tax return. Form 1040, supporting schedules, and instructions to the forms and schedules can be found at www.irs.gov.You do not need to attach copies of the information forms (i.e. W-25, 1099s, etc.) to the return and disregard due diligence checklists. The facts are as following: 1. Keith is employed as an airline pilot for Flyby Airlines In Las Vegas, NV. Jenis employed as a kindergarten teacher at Small World Elementary School, in Henderson, NV. Keith and Jenlive in a home they purchased this year. Keith and Jen have three children who lived with them all year, Sid, Robert and Tiffany. Keith and Jen had health coverage for the family for the full year and did not have any foreign bank accounts or trusts. Keith and Jen provided the following personal information: a. Keith and Jen wish to contribute to the presidential election campaign. Keith and Jen do not claim itemized deductions. b. Keith and Jen live at 1234 Easy Street, Las Vegas, NV 89101. c. Keith's birthday is 2/12/1947 and his Social Security number is 432-45-6789. d. Jen's birthday is 12/31/1967 and her Social Security number is 867-53-0911. e. Robert's birthday is 5/13/2010 and his Social Security number is 452-43-3232. f. Tiffany's birthday is 1/8/2011 and her Social Security number is 452-24-1980. 9. Sid's birthday 2/2/2012 and his Social Security number is 452-51-4589. 2. Keith and Jen have included the tax documents they received during the year with this package. Keith and Jen have also provided you with the following information: a. On January 21, 2018 Jen was involved in a car accident. Because the other driver was at fault, the other driver's insurance company reimbursed Jen $1,350 for medical expenses that she paid out of pocket and paid her $1,000 foremotional distress originating from the physical injury from the accident. The other driver was ordered to pay Jen $700 restitution as punitive damages. She received payment on March 15,2018 b. Keith is a partner in a partnership that sells airplane parts. The Schedule K-1 is attached. He materially participates in the business. His total investment is at risk, he did not have any changes in his stock ownership, and he does not have any loans to the corporation. c. On July 27, 2018, Jen purchased supplies for her classroom totaling $249.79. Small World Elementary does not reimburse teachers for their out of pocket costs. d. Jen's grandmother died during 2017. Jen received her inheritance of $30,000 on May 12, 2018. On July 25, 2018, Keith's aunt Beatrice gave Keith $18,000 because she wanted to let everyone know that Keith is her favorite nephew. Keith gave a gift to his favorite niece, Carolyn, of cash in the amount of $10,000. Carolyn's social security number is 550-85-9654. She resides at 963 Mesa Street, Las Vegas, NV 89101. Her age is 18. Keith has not made any prior gifts. f. On January 5, 2018, Keith and Jen sold their home in Las Vegas, NV,for $510,000 (net of commissions). Keith and Jen purchased the home eleven years ago for $470,000. On January 29, 2018, they bought a new home for $675,000 9. Keith won a jackpot at the Mirage Casino during the year, in the amount of $15,000. He incurred $7,500 in gambling losses, paid during 2018, before winning the jackpot. h. Keith and Jen made four timely quarterly estimated payments of $1,500. Their prior year tax was $16,750 and no payments were applied from 2017. They would like their overpayment, if any, applied to next year. OMB No. 1545-0008 22222 a Employee's social security number 867-53-0911 b Employer identification number (EIN) 14.030812 c Employer's name, address, and ZIP code 22222 a Employee's social security number 437-45.6789 b Employer identification number (EIN) 74-4561234 c Employer's name, address, and ZIP code 1 Wages, tips, other compensation 2 Federal income tax withheld 6,250 4 Social security tax withheld 20,000 2,480 OMB No 1545-0008 1 Wages, tips, other compensation 42,000 3 Social security wages 42,000 5 Medicare wages and tips 42,000 7 Social security tips 2 Federal income tax withheld 18.000 4 Social security tax withheld 7,440 6 Medicare tax withheld 1740 8 Allocated tips 3 Social security wages 120,000 5 Medicare wages and tips 120,000 7 Social security tips 6 Medicare tax withheld Flyby Airlines 200 plane Dr. Small World Elementary 808 Library uni (tenderson, NV 89101 580 8 Allocated tips Las Vegas, n NV | d Control number 9 Verification code 10 Dependent care benefits d Control number 9 Verification code 10 Dependent care benefits Employee's first name and initial Last narne Suff 11 Nonqualified plans 12a 12a e Employee's first name and initial Last name Suff. 11 Nonqualified plans DDI 5,200 Statutory employee Potremont 12b 12b 13 ory om Sird-party Jo pay 0 sick pery 1 Jen Hamilton 1234 Easy Street Las Vegas, NV 89101 14 Other 12c 14 Other Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 12c 1 12d 12d f Employee's address and ZIP code 15 Sizle Employer's state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, sto 19 Local income tax 20 Locally name f Employee's address and ZIP code 15 State Employer's state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Locality name Department of the Treasury-Internal Revenue Service Department of the Treasury - Internal Revenue Service W-2 Wage and Tax 2018 2018 Form W-2 Wage and Tax Form Copy 1-For State, City, or Local Tax Department Copy 1-For State, City, or Local Tax Department VOID CORRECTED PAYER'S name, street address, city or town, state or province, country, ZIP 1a Total ordinary dividends or foreign postal code, and telephone no OMB No. 1545-0110 VOID CORRECTED PAYER'S name, street address, city or town, state or province, country, ZIP 1a Total ordinary dividends or foreign postal code, and telephone no. OMB No 1545-0110 15,000 2018 Dividends and Distributions 1b Qualified dividends $ 15,000 Charles Schwab 4141 Pinnacle Street New York, NY 10005 2018 Dividends and Distributions 5,000 1b Qualified dividends $ Form 1099-DIV 2b Unrecap. Sec. 1250 gain Charles Schwab 4141 Pinnacle Street New York, NY 10005 2a Total capital gain distr. $ 250 2c Section 1202 gain $ 5,000 Copy1 For State Tax Department Form 1099-DIV 2b Unrecap. Sec. 1250 gain PAYER'S TIN RECIPIENT'S TIN 2d Collectibles (28%) gain 2a Total capital gain distr. $ 250 2c Section 1202 gain Copy1 For State Tax Department PAYER'S TIN RECIPIENT'S TIN 2d Collectibles (28%) gain 74-0820045 432-45-6789 RECIPIENT'S name $ 3 Nondividend distributions 4 Federal income tax withheld $ $ 2,000 5 Section 199A dividends 8 Investment expenses $ $ RECIPIENT'S name 3 Nondividend distributions 4 Federal income tax withhold $ 2,000 5 Section 199A dividends 8 Investment expenses Street address (including apt. no.) 7 Foreign tax paid 8 Foreign country of U.S. possession Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 Streat address (including apt. no.) 74-0820045 432-45-6789 Keith Hamilton 1234 Easy Street Las Vegas, NV 89101 7 Foreign lax paid Foreign country of U.S. possession City or town, state or province, country, and ZIP or foreign postal code $ 9 Cash liquidation distributions 10 Noncash liquidation distributions $ FATCA filling 11 Exempt-interest dividends 12 Specified private activity requirement bond interest dividends City or town, state or province, country, and ZIP or foreign postal code $ 9 Cash liquidation distributions 10 Noncash liquidation distributions $ FATCA filing 11 Exempt-interest dividends 12 Specified private activity requirement bond interest dividends Account number (see instructions) $ $ 13 State 14 State Identification 15 State tax withheld $ S Account number (see instructions) $ 13 State 14 State Identification no 15 State tax withheld Form 1099-DIV www.irs.gov/Form 1099DIV Department of the Treasury - Internal Revenue Service Form 1099-DIV www.irs.gov/Form1099DIV Department of the Treasury - Internal Revenue Service OMB No. 1545-0119 VOID CORRECTED PAYER'S name, street address, city or town, state or province, 1 Gross distribution country, ZIP or foreign postal code, and phone no. $ 12000 2a Taxable amount 2018 Met Life 150 Main Street San Francisco, CA Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. IS 6,000 2b Taxable amount Form 1099-R Total not determined distribution PAYER'S TIN RECIPIENT'S TIN 3 Capital gain (included in box 2a) 4 Federal income tax withheld Copy1 For State, City, or Local Tax Department :22-2349867) 432-45-678915 Keith Hamilton 600 RECIPIENT'S name 5 Employee contributions/ 6 Net unrealized Designated Roth appreciation in contributions or employer's securities insurance premiums $ Street address (including apt. no.) 7 Distribution 8 Other code(s) SEP/ SIMPLE S 90 City or town, state or province, country, and ZIP or foreign postal code 9a Your percentage of total 9b Total employee contributions IRA 7 7 1234 Easy Street Las Vegas, NV 89101 distribution %s 10 Amount allocable to IRR within 5 years 11 1st year of desig. Roth contrib: FATCA ling requirement 12 State tax withheld $ $ 15 Local tax withheld $ 13 State/Payer's state no. 14 State distribution $ IS 16 Name of locality 17 Local distribution Account number (see Instructions) Date of payment Form 1099-R www.irs.gov/Form 1099R Department of the Treasury - Internal Revenue Service 651118 OMB No 1545-0123 2018 Schedule K-1 (Form 1065) Department of the Treasury Internal Revenue Service Final K-1 Amanded K-1 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Ordinary business income oss) 25,000 2 Net rental real estate income (oss 1 15 Credits For calendar year 2018, or tax year / beginning A/ 2018 ending Partner's Share of Income, Deductions, Credits, etc. Part 1 Information About the Partnership 3 Other nel rental income 100%) 16 Foreign transactions See back of form and separate instructions. 4 Guaranteed payments A 5 Partnership's employer identification number 74-8569741 Partnership's name, address, city, state, and ZIP code Interest income B Ordinary dividends NEVADA PLANE REPAIRS, L.P. 550 MAIN STREET LAS VEGAS, NV 89101 ob Quallied dividends 6c IRS Center where partnership filed return Dividend equivalents 1 7 Royalties D Check if this is a publicly traded partnership PTP Part II Information About the Partner 8 Net short-term capital gain (oss) 17 Atemative minimum lax (AMT) Items E Partners identifying number 432-45-6789 Sa Net long-term capital gain foss) F Partner's name, address, city, state, and ZIP code KEITH HAMILTON 9b Collectibles (28%) gain foss) 1234 EASY STREET LAS VEGAS, NV 89101 Sc Unrecaptured section 1250 gain 18 Tax-exempt income and nordeductible expenses 10 G Net section 1231 gain (088) D General partner or LLC member- manager X Limited partner or other LLC member H x Domestic partner Foreign partner 11 Other income (loss) 11 19 Distribution 12 J What type of entity is this partner? INDIVIDUAL If this partner is a rarament plan (IRASEP/Keogh/etc.), check here Partner's share of proll, loss, and capitale instructions: Beginning Ending Profit 50 % Loss 50 % 12 Section 179 deduction 50 % 50 % 50 20 Other information Capital 50 13 Other deductions Z 25,000 Partner's share of abilities: AA 15,000 Beginning Ending 10000 $ 10000 Nonrecourse AB 0 14 Self-employment earnings (oss) 0 $ 15000$ 0 15000 AD 0 L $ Qualified nonnecourse financing $ Recourse $ Partner's capital account analysis: Beginning capital account Capital contributed during the year Current year inaresto (decreased Withdrawals & distributions Ending capital account $ "See attached statement for additional information. . $ 7,526 0 25,000 0) 32,526 ${ $ X Tax basis Other faxplain GAAP Section 704) book For IRS Use Only MDid the partner contribute properly with a built-in gain or los Yes x No "Yes."attach statements instructions) For Paperwork Reduction Act Notice, sen Instructions for Form 1065. www.irs.gowForm 1065 Cal. No. 11394R Schedule K-1 (Form 1065) 2018 Passive loss Passive incomo Net income Net loss 10. Foreign trans 5. Interest income Form 1040, line 25 Form 1040, line 3 Form 1116, Part 1 Code See the Partner's Instructions F Section 951A income Schedule K-1 Form 1065) 2018 Page 2 This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040. For detailed reporting and filing Information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return. 1. Ordinary business income (loss. Determine whether the income foss) is Code Report on passive or nonpassive and enter on your return as follows J Work opportunity credit Poporton K Disabled access credit See the Partner's instructions L Empowerment zone Schedule Eine 28, column employment credi Nonpassive loss Sen the Partner's instructions M Credit for increasing research See the Partners Instructions Nonpassive inconte Schedule Eine 28, column) activities N Credit for employer social 2. Net rontal real estate income foss) See the Partner's Instructions security and Medicare takes 3. Other net rental income foss) O Backup withholding Schedule E, line 28, column P Other credits See the Partner's Instructions transactions 4. Guaranteed payments Schedule E, line 28, column] A Name of country or U.S. possession 6a. Ordinary dividends Form 1040, line 3 B Gross income from all sources Form 1116, Part 1 6b. Qualified dividends Gross come sourced at 6c, Dividend equivalents See the Partner's Instructions 7. Royalties Schedule Eline 4 Foreign gross income sourced at partiership level 8. Net short-term capital gain oss Schedule D line 5 D Section 951A category 9a. Net long-term capital gain loss) Schedule D line 12 E Foreign branch category 96. Collectibles (28) gain loss 28% Rate Gain Worksheet, Ine 4 F Passive category (Schedule instructions G General category 9c, Unrecaptured section 1250 gain See the Partner's instructions H Other 10. Net section 1231 gain floss) See the Partner's Instructions Deductions allocated and apportioned at partner love 11. Other income (1088) I Interest expense Form 1116. Parti J Other Form 1116. Parti A Other portfolio income 003) Deductions alocated and appartioned at partnership love to foreign source B Invokintary conversions See the Partner's Instructions income CS 1256 contracts & straddles Form 678, line 1 K Section 951A category D Mining exploration costs recapture See Pub. 535 Foreign branch Category E Cancellation of dobit Schedule 1 Form 1000), Ine 21 M Passive category Form 982 N General category Form 1116. Parti Other G Section 650 inclusion Other information H Subpart F income other than See the Partner's Instructions P Total foreign tow pald Form 1116 Part 11 Section 51A and 965 inclusion Q Total foreign lanes accrued Form 1116, Part | Other income loss) R Reduction in taxes valable for credit Form 1115, line 12 12, Section 179 deduction See the Partner's Instructions S Foreign trading gross recept Form 8873 13. Other deductions T Extraterritorial income exclusion Form 8873 A Cash contributions (60%) U Section 911 tested income B Cash corributions (30%) V Tested foreign Income tax C Noncash contributions (50%) W Section 965 information See the Partner's Instructions D Nancash contributions (30%) See the Partner's X Other foreign transactions E Capital gain property to a 50% 17. Alternative minimum tax (AMT) items organization (30%) A Posl-1986 depreciation adjustment F Capital gain property (20%) B Adjusted gain or loss See the Partner's G Contributions (100%) C Deplotion (other than oil & gas) Instructions and H Investment interest expense Form 4952, line 1 D Ollas, & geothermal-goes Income the Instructions for Deductions - royalty income Schedule E, fina 19 E 01.9888 gooihermal-deductions Form 6251 Section 592) expenditures Soo the Partners Instructions F Other AMT items K Excess business interest expense Soo the Partner's Instructions 18. Tax-exempt income and nondeductible expenses L Deductions-portfolio other) Schedule A line 16 A Tax-exempt interest income Form 1040, Ine 2 M Amounts paid for medical insurance Schedule A line 1 or Schedule 1 B Other tax-exempl Income Form 10401. line 20 C Nondeductible expenses See the Partner's instructions N Estucational assistance bereits See the Partner's Instructions 19. Distributions o Dependent care benefits Form 2441. Ano 12 A Cash and marketable Securities P Preproductive period expenses See the Partner's Instructions B Distribution subject to section 737 See the Partner's Instructions Q Comercial revitalization deduction from rental real estate activities COther property 20. Other information R Pensions AS See the Partner's instructions S Palorestation expense deduction See the Partner's Instructions A Investment income Form 4952, line 4a T through V C Fuel tax credit information Form 4136 See the Partners Instructions D Qualified rehabilitation expenditures See the Partner's instructions X Section 965) deduction See the Partner's instructions (other than rontal real estate) 14. Self-employment earnings floss E Basis of energy property See the Partner's Instructions Note: If you have a section 179 deduction or any partner-level deductions, see the F Recapture of low.income housing Form 8611, line 8 Partners Instructions before completing Schedule SE. credit section 420150 A Not carnings (loss from G Recapture of lowercome housing Form 8011, line 8 Schedule SE, Section A or B credit the B Gross forming or fishing income See the Partner's Instructions Recapture of investment credit Soo Form 4255 C Gross non-farm income See the Partner's Instructions I Recapture of other credits Soo the Partner's Instructions j Look back interest - completed See Form 3697 A Low-income housing credit long-term contracts section 425) from pre-2008 K Look back interest Income forecas! See Form 8866 B Low-income housing credit L Dispositions of property with tohen from pre 2000 buildings C Low-income housing credit M Recapture of section 179 deduction Ninterest expense for corporate section 2015 from post-2007 buldings partners See the Partners Instructions o through Y D Low-income housing credit foi from posl-2007 AA Section 1994 W-2 wages See the Partner's Section 199A unadjusted basis Instructions E Qualled rehabilitation AC Section 199A REIT dividends expenditures frontal real estate) F Other rental real estate credits Other rental credits Undistributed capital gains credit Schedule 5 Form 1040), line 74. boxa AF Excess business interest income I Biofuel producer ordi See the Partner's Instructions AG Gross repte for section All AH Other information Instructions See the Partner's Instructions See Fom 8582 instructions B Investmont expenses Form 4952, line 5 Reserved for future use W Other deductions 15. Credits mathod Section 1999 income z AB AD Section 199A PTP Income Excess taxable income AEStep by Step Solution
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