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Note: This problem is for the 2 0 2 2 tax year. Ryan Ross ( 1 1 1 - 1 1 - 1 1 1
Note: This problem is for the tax year.
Ryan Ross Oscar Omega Clark Carey and Kim Kardigan are equal active members in ROCK the Ages LLC ROCK serves as agent and manager for prominent musicians in the Los Angeles area. The LLCs Federal ID number is It uses the cash basis and the calendar year and began operations on January Its current address is Wilshire Boulevard, Suite Los Angeles, CA ROCK was the force behind such music icons as Adrianna Venti, Drake Malone, Elena Gomez, Tyler Quick, Queen Bey, and Bruno Mercury and has had a very profitable year. The following information was taken from the LLCs income statement for the current year.
Revenues
Fees and commissions $
Taxable interest income from bank deposits
Taxexempt interest
Net gain on stock sales
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