Part I you are asked to use the introductory sentence about the tax payer and complete paragraph items 14 and 16. You will also use item 18 for needed Social Security numbers. Do not do additional work from any other paragraph. Determine the forms to be completed. Part II ? Use the Part I assignment you completed previously. ? Correct your Part I assignment mistakes, if any, based on the solution you were provided by your instructor at the end of Week 4. ? Complete the following additional paragraph items: 1, 2, 3, 6, and 15. ? Assume that section 179 is taken for the laptop. Part III ? Use the Parts I and II assignments you completed previously. ? Correct your Part II assignment mistakes, if any, based on the solution you were provided by your instructor at the end of Week 5. ? Complete the following additional paragraph items: 4, 5, 7, 8, and 13. ? Assume that section 179 is taken on the cabinet and assume that no bonus depreciation was taken on the rental furniture purchased in 2010. Part IV ? Use the Parts I, II, and III assignments you completed previously. ? Correct your Part III assignment mistakes, if any, based on the solution you were provided by your instructor at the end of Week 6. ? Complete the following additional paragraph items: 9, 10, 11, 12, and 17. ? Assume that a like-kind exchange was done on #9 this is the info from the book. Will S. (age 42) and Mari N. (age 41) Frost are married and live at 426 East Twin Oaks Road, Sioux Falls, SD 57105. Will is the regional manager for a restaurant chain (Moveable Feast), and Mari is a self-employed architect. They are calendar-year, cash-basis taxpayers. 1. Will?s annual salary from Moveable Feast is $82,000. He also earns an annual bonus. The amount is determined in late December, and Will receives it in January of the next year. Will?s 2012 bonus was $6,000 (received in 2013), and his 2013 bonus was $7,000 (received in 2014). Will is also paid a flat travel allowance of $16,000 per year. The allowance is to cover his expenses in visiting restaurants in his region to conduct inspections, consult with the local managers, and recruit potential hires. Although Will maintains substantiation of his travel, he is not required to account for these expenses to Moveable Feast. Will participates in his employer?s group health insurance plan to which he contributed $3,600 in 2013 for medical coverage. These contributions were made with after-tax dollars. The health plan covers Will, Mari, and their two dependent children. Moveable Feast does not provide any retirement benefits, but it has established a 401(k) plan to enable its employees to make voluntary contributions. Will contributed $10,000 to the plan in 2013. The company provides an office for Will?s use that is located at 110 North Reid Street, Suite 217, Sioux Falls. 2. Besides the business use of his car (see item 3 below), Will?s out-of-pocket employment-related expenses for 2013 are as follows: Airfare $2,600 Lodging 3,200 Meals 3,400 Entertainment 800 Car rentals, limos, taxis 600 Parking and tolls 300 Subscriptions to trade journals 120 Dues to trade association 80 Business gifts 550 E-1 E-2 While on business trips in his car, Will was cited for speeding several times and paid related fines totaling $620. Will presented the business gifts in late December to managers of thetop 11 restaurants in his region, with each manager receiving a $50 gift card to a national retailer. 3. On March 5, 2012, Will purchased a new Ford Focus for use in his job. The car cost $24,000 (including sales tax), with no trade-in involved. The car was driven 14,000 miles in 2012 and 18,000 in 2013 with usage as follows: 20% for commuting to the office and 80% for business trips. The mileage for 2013 was evenly distributed throughout the year. Will uses the actual operating cost method, and for depreciation purposes, uses 200% declining-balance with a half-year convention. In addition, Will did not claim any 179 expensing or additional first-year depreciation last year when he bought the car. (See Table 3 of the Instructions to Form 4562.) Will?s expenses related to operating the Ford Focus for 2013 are as follows: Gasoline $2,900 Oil change and lubrication 150 Auto insurance 1,800 Repairs 400 Auto club dues 160 License and registration 120 Interest on car loan 900 4. Mari Frost is a licensed architect who works part time on a consulting basis. Her professional activity code is 541310. Her major clients are real estate developers (both residential and commercial) for whom she prepares structural designs and construction plans. She also advises on building code requirements regarding the renovation and remodeling of existing structures. Mari collected $52,000 in consulting fees during 2013. This total includes a $3,000 payment for work she performed in 2012 and does not include $5,000 she billed in December for work performed in late 2013. In addition, Mari has an unpaid invoice for $6,000 from a client for work done in 2011. This client was convicted of arson in August 2013 and is now serving a five-year sentence in state prison. Mari feels certain that she will never collect the $6,000 she is owed. Mari does her work at the client?s premises or in her office at home (see item 5 below). Her business expenses for 2013 are as follows: Drafting supplies $4,800 Reproduction materials (e.g., molds, models, photos, blueprints, copies) 3,200 On-site work clothing (e.g., hip boots, safety glasses, safety helmet) 800 Professional license fee 400 Subscriptions to professional journals 250 Dues to professional organizations 240 In addition, Mari drove the family Acura (purchased on June 7, 2012) 940 miles on her job assignments. She uses the standard mileage method to deduct business costs related to the Acura. During 2013, Mari drove the car a total of 10,000 miles. 5. When the Frosts purchased their home on February 2, 2012, they set aside 300 square feet (out of a total of 2,400 square feet) of living space for Mari?s office. As of January 1, 2013, the home had an adjusted basis of $240,000 for purposes of line 36 of Form 8829 (of which $40,000 is attributable to the land)?the fair market value of the property is in excess of this amount. Relevant information concerning the residence for all of 2013 follows: Homeowner?s insurance $3,200 Repairs and maintenance 1,800 Utilities 6,200 Painting (office area only) 2,500 E-2 E-3 The cost of Mari?s office furniture and equipment was previously deducted under 179 in the years these assets were acquired. On June 29, 2013, she purchased a fireproof file cabinet for $800 to safeguard the blueprints of her structural designs and construction plans. If possible, Mari prefers to avoid depreciating capital expenditures. 6. One of Mari?s clients was interested in building a shopping center on a tract of land Mari owned in Lincoln County. Mari inherited the property from her uncle when he died on June 6, 1993. At that time, the land was worth $40,000. It has since been rezoned for commercial use and has a current value of $200,000. On February 10, 2013, Mari exchanged the Lincoln County parcel for a similar tract in Minnehaha County (worth $190,000) and cash of $10,000. 7. On September 2, 2013, Mari sold a tract of land in McCook County to a farmer who owned the adjoining property. The land was inherited from the same uncle who died in 1993 and was worth $30,000 on June 6, 1993. Under the terms of the sale, Mari received cash of $20,000 and four notes receivable (to be paid at one-year intervals) that each call for the payment of $25,000 plus simple interest of 8%. To the extent allowed by law, Mari wants to defer recognition of gain as long as possible. 8. In early 2012, Will learned that one of his restaurant managers, Carrie Jones, was suffering domestic abuse at the hands of her husband Steve. When Steve also started to abuse their 5-year-old daughter, Carrie decided it was time for her and her daughter to get away. Before they left on April 14, 2012, Will loaned Carrie $5,500 to help them relocate. Will had her sign an interest-free note due in one year. Will never heard from Carrie again. In late 2013, Will learned that Steve tracked down Carrie and their daughter and killed both of them before committing suicide. Given these tragic circumstances, Will has no expectation that the loan will ever be repaid. 9. On August 5, 2011, Will purchased 1,000 shares of Farmer?s Markets America (FMA) common stock for $16 a share as part of its initial public offering. The corporation was formed to establish and operate farmers? markets in mid-size cities throughout the United States. Although some market locations were profitable, the venture as a whole proved to be a failure. In November 2013, FMA?s remaining assets were seized by its creditors, and FMA stock became worthless. 10. Besides the items previously noted, the Frosts had the following receipts for 2013: Interest income: City of Sioux Falls bonds $1,400 General Motors corporate bonds 1,900 Castle Bank certificate of deposit 210 $ 3,510 Qualified dividends from MG&E Inc. 3,100 Refund from HomeStuff (received 1/13/13) 430 Loan repayment by Sarah Frost-Caine 4,500 Cash gifts from Mari?s parents 32,000 Federal income tax refund (2012 return) 290 In December 2012, the Frosts made major purchases of household items (e.g., appliances, furniture) at HomeStuff (a discount big box store). They called the manager when they realized they did not receive the advertised sale price. Consequently, the store corrected the mistake and sent a $430 refund. Four years ago when his sister Sarah married, Will lent her $4,000 to help pay for her honeymoon. Will was pleasantly surprised when Sarah paid him back (plus interest of $500) on December 20, 2013. On March 20 of each year, Mari?s parents send a generous gift of cash as a birthday present. Just as she has done for the past seven years, Mari immediately invested the cash in her kids? 529 college savings plans. E-3 E-4 11. In addition to the items already noted, the Frosts had the following expenditures for 2013: Mari?s contribution to her traditional IRA $5,500 Net gambling loss 1,000 Life insurance premiums 2,700 Medical and dental expenses not covered by insurance 6,200 Taxes: Ad valorem taxes on personal residence $4,800 State and local sales taxes 3,200 8,000 Interest on home mortgage 4,000 Cash Contributions: Goodwill (Sioux Falls branch) 1,200 South Dakota governor?s election campaign fund 300 1,500 The $1,000 net gambling loss for 2013 is the difference between the Frosts? gambling winnings of $1,200 and losses of $2,200. The life insurance premiums relate to the universal life insurance policies that Will and Mari own. The first beneficiary on both policies is the other spouse, with the second beneficiaries being the children. Included in the medical expenses are $1,200 incurred in 2012, which was paid in early February 2013. The Frosts can substantiate the $3,200 in sales taxes paid based on their purchase receipts for the year. The local sales tax rate in Sioux Falls is 2%. [HINT: Be sure to check to see if the Optional Sales Tax Tables provide the Frosts with a greater deduction.] Mari contributed to the governor?s campaign fund because she thinks his influence is key in getting the Lincoln County land rezoned for commercial use (see item 6 above). 12. The Frosts maintain a household that includes their two children, Austin (age 16) and Emma (age 19). Austin is a junior in high school and a talented wrestler. In hopes of competing at the state tournament, all of his free time is consumed with weight training and wrestling practices. Emma graduated from high school on June 7, 2013, and is undecided about college. Emma is an accomplished vocalist and during 2013 earned $7,200 performing at various events (e.g., weddings, funerals). She placed most of her earnings in a savings account and kept only a small amount to spend on herself. 13. Will?s Form W?2 from Moveable Feast shows $13,800 withheld for Federal income tax. The Frosts have made total quarterly income tax payments of $4,000. 14. Relevant Social Security numbers are as follows: Name Social Security Number Will S. Frost 111?11?1111 Mari N. Frost 123?45?6787 Emma J. Frost 123?45?6788 Austin W. Frost 123?45?6789 Requirements Prepare an income tax return (with appropriate schedules) for the Frosts for 2013, using the following guidelines: The Frosts choose to file a joint income tax return. The Frosts do not wish to contribute to the Presidential Election Campaign Fund. The Frosts do not own any foreign bank accounts or other investments. The Frosts prefer to receive any refund of overpaid taxes. The taxpayers are preparing their own return (i.e., no preparer is involved). For the past several years, the Frosts have itemized their deductions from AGI instead of using the standard deduction. and here are the forms. I can download them for you when you tell me which ones you need!! thanks in advance!! please note that these will need to be completed in four separate parts. each one will be done then returned for any mistakes!!

\fForm 1040 2012 (99) Department of the TreasuryInternal Revenue Service U.S. Individual Income Tax Return For the year Jan. 1-Dec. 31, 2012, or other tax year beginning OMB No. 1545-0074 , 2012, ending Your first name and initial Your social security number Frost Will S. See separate instructions. , 20 Last name Mari N. IRS Use OnlyDo not write or staple in this space. Frost 1 2 3 4 5 6 7 8 7 Spouse's social security number Last name If a joint return, spouse's first name and initial 1 1 1 1 1 1 1 1 1 Apt. no. Home address (number and street). If you have a P.O. box, see instructions. 426, East Twin Oaks Road City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking Foreign postal code a box below will not change your tax or refund. You Spouse Sioux Falls, SD 57105 Foreign country name Filing Status Check only one box. Exemptions Foreign province/state/county 1 6a b Income Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. child's name here. Spouse . Dependents: . . . . Qualifying widow(er) with dependent child . . . . . . Last name . . . . . . . . . . . . . . . . . } (4) if child under age 17 qualifying for child tax credit (see instructions) (3) Dependent's relationship to you 1 2 3 4 5 6 7 8 8 1 2 3 4 5 6 7 8 9 Total number of exemptions claimed . . . . . . Wages, salaries, tips, etc. Attach Form(s) W-2 . Taxable interest. Attach Schedule B if required . Tax-exempt interest. Do not include on line 8a . Ordinary dividends. Attach Schedule B if required . . . . . . . . Dependents on 6c not entered above . . . . . . . . . . . . . . 8b . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 7 10 11 Qualified dividends . . . . . . . . . . . 9b Taxable refunds, credits, or offsets of state and local income taxes Alimony received . . . . . . . . . . . . . . . 12 13 14 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . Capital gain or (loss). Attach Schedule D if required. If not required, check here Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . 15a 16a 17 IRA distributions . 15a b Taxable amount . . . Pensions and annuities 16a b Taxable amount . . . Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 15b 16b 17 18 19 20a Farm income or (loss). Attach Schedule F . Unemployment compensation . . . . Social security benefits 20a 18 19 20b 21 22 Other income. List type and amount Combine the amounts in the far right column for lines 7 through 21. This is your total income 23 Educator expenses 24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ 25 Health savings account deduction. Attach Form 8889 . 24 25 Moving expenses. Attach Form 3903 . . . . . . Deductible part of self-employment tax. Attach Schedule SE . Self-employed SEP, SIMPLE, and qualified plans . . 26 27 28 Self-employed health insurance deduction Penalty on early withdrawal of savings . . . . . . . . . . Alimony paid b Recipient's SSN IRA deduction . . . . . . . Student loan interest deduction . . Tuition and fees. Attach Form 8917 . 29 30 31a 32 33 34 . . . . . . . . . . . . 32 33 34 35 36 37 Adjusted Gross Income 2 9a 3100 . . . . . . Add numbers on lines above 8a 29 30 31a Enclose, but do not attach, any payment. Also, please use Form 1040-V. Boxes checked on 6a and 6b No. of children on 6c who: lived with you did not live with you due to divorce or separation (see instructions) Daughter Son 26 27 28 If you did not get a W-2, see instructions. b . (2) Dependent's social security number Emma J. Frost Austin W Frost 7 8a b 9a 5 Yourself. If someone can claim you as a dependent, do not check box 6a . (1) First name d Head of household (with qualifying person). (See instructions.) If the qualifying person is a child but not your dependent, enter this Married filing separately. Enter spouse's SSN above and full name here. c If more than four dependents, see instructions and check here 4 Single Married filing jointly (even if only one had income) 2 3 Make sure the SSN(s) above and on line 6c are correct. Domestic production activities deduction. Attach Form 8903 35 Add lines 23 through 35 . . . . . . . . . . . . . Subtract line 36 from line 22. This is your adjusted gross income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Taxable amount . . . . . . . . . . . 290 12 13 14 21 22 23 . . . For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. . . . . . . . . . 36 37 Cat. No. 11320B Form 1040 (2012) Page 2 Form 1040 (2012) Tax and Credits Standard Deduction for People who check any box on line 39a or 39b or who can be claimed as a dependent, see instructions. All others: Single or Married filing separately, $5,950 Married filing jointly or Qualifying widow(er), $11,900 Head of household, $8,700 Other Taxes 38 Amount from line 37 (adjusted gross income) 39a Check if: { . . . . . You were born before January 2, 1948, Spouse was born before January 2, 1948, If you have a qualifying child, attach Schedule EIC. . } . . . . . 38 . Total boxes checked 39a If your spouse itemizes on a separate return or you were a dual-status alien, check here 39b 40 41 Itemized deductions (from Schedule A) or your standard deduction (see left margin) Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . 42 43 Exemptions. Multiply $3,800 by the number on line 6d . . . . . . . . . . . . Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . Form 4972 c 962 election Tax (see instructions). Check if any from: a Form(s) 8814 b b 44 45 46 Alternative minimum tax (see instructions). Attach Form 6251 . Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b . . . 8919 . . . . 47 48 Foreign tax credit. Attach Form 1116 if required . Credit for child and dependent care expenses. Attach Form 2441 49 50 51 Education credits from Form 8863, line 19 . . . . . Retirement savings contributions credit. Attach Form 8880 Child tax credit. Attach Schedule 8812, if required . . . Residential energy credits. Attach Form 5695 . . . . 52 3800 b 8801 c Other credits from Form: a 53 Add lines 47 through 53. These are your total credits . . . . . Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- 56 57 Self-employment tax. Attach Schedule SE . . . . Unreported social security and Medicare tax from Form: 58 59a b Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required Household employment taxes from Schedule H . . . . . . . a 4137 . . . . . . . . . First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . . . . . . . . . . . . Federal income tax withheld from Forms W-2 and 1099 . . 2012 estimated tax payments and amount applied from 2011 return 64a b Earned income credit (EIC) . . . . . . Nontaxable combat pay election 64b Additional child tax credit. Attach Schedule 8812 . 65 66 Add lines 55 through 60. This is your total tax . . . . . . . . . . . . . American opportunity credit from Form 8863, line 8 . Reserved . . . . . . . . . . . . . Amount paid with request for extension to file . . . . . . . . . . . . 62 63 64a 65 66 67 68 . . . . 69 Credit for federal tax on fuels. Attach Form 4136 . . . . 70 Credits from Form: a 2439 b Reserved c 8801 d 8885 71 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . Excess social security and tier 1 RRTA tax withheld . . . . If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid 74a b d Sign Here Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . c Type: Routing number Checking Savings 9 8 7 6 5 4 3 2 1 Account number 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 0 Amount of line 73 you want applied to your 2013 estimated tax 75 Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions Paid Preparer Use Only 77 77 Estimated tax penalty (see instructions) . . . . . . . Do you want to allow another person to discuss this return with the IRS (see instructions)? Designee's name Phone no. 72 73 74a 76 Yes. Complete below. No Personal identification number (PIN) Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Your signature Date Your occupation Daytime phone number Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.) PTIN Check if self-employed Joint return? See instructions. Keep a copy for your records. 60 61 13800 4000 73 75 76 55 56 57 58 59a 59b . . . 62 63 Third Party Designee 44 45 46 54 Other taxes. Enter code(s) from instructions Direct deposit? See instructions. Amount You Owe 43 49 50 51 52 53 54 55 40 41 42 47 48 67 68 69 70 71 72 Refund . Blind. Blind. 60 61 Payments . Print/Type preparer's name Firm's name Preparer's signature Date Firm's EIN Firm's address Phone no. Form 1040 (2012) Introduction Will S. Frost, aged 42 (Social security No. 111-11-1111) and Mari N Frost, aged 41 (Social security No. 123-45-6787) are married and live together at 426 East Twin Oaks Road , Sioux Falls, SD57105. They have two children Emma J Frost, aged 19 years, social security number 123-45-6788 and Austin W Frost, aged 16 years, social security number 123-45-6789. Will and Mari have adopted calendar year as accounting year and cash basis as system of accounting. Will is regional manager for a restaurant chain (Moveable Feast) and Mari is self employed architect. Will and Mari have decided not to contribute to election of presidency campaign. SCHEDULE B Department of the Treasury Internal Revenue Service (99) OMB No. 1545-0074 Interest and Ordinary Dividends (Form 1040A or 1040) Information Attach to Form 1040A or 1040. about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/form1040. Name(s) shown on return Part I 1 Interest (See instructions on back and the instructions for Form 1040A, or Form 1040, line 8a.) Note. If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Part II 2012 Attachment Sequence No. 08 Your social security number Amount List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address City of Sioux Falls Bonds General Motor Corporate Bonds 1400 1900 Castle Bank Certificate of Deposit Sarah Frost - Caine 3510 500 1 2 3 Add the amounts on line 1 . . . . . . . . . . Excludable interest on series EE and I U.S. savings Attach Form 8815 . . . . . . . . . . . . . 4 Subtract line 3 from line 2. Enter the result here and 1040, line 8a . . . . . . . . . . . . . . Note. If line 4 is over $1,500, you must complete Part III. List name of payer 5 . . . . . . . . bonds issued after 1989. . . . . . . . . on Form 1040A, or Form . . . . . . . . 2 6510 3 0 4 6510 Amount Ordinary 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 name as the payer and enter the ordinary dividends shown on that form. Part III Foreign Accounts and Trusts (See instructions on back.) 5 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 6 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . Note. If line 6 is over $1,500, you must complete 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. 7a At any time during 2012, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" are you required to file Form TD F 90-22.1 to report that financial interest or signature authority? See Form TD F 90-22.1 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . . . . . . . . . . . . b If you are required to file Form TD F 90-22.1, enter the name of the foreign country where the financial account is located 8 During 2012, 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 . . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Yes No Schedule B (Form 1040A or 1040) 2012 Page 2 Schedule B (Form 1040A or 1040) 2012 General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Future Developments For the latest information about developments related to Schedule B (Form 1040A or 1040) and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form1040. Purpose of Form Use Schedule B if any of the following applies. You had over $1,500 of taxable interest or ordinary dividends. You received interest from a seller-financed mortgage and the buyer used the property as a personal residence. You have accrued interest from a bond. You are reporting original issue discount (OID) in an amount less than the amount shown on Form 1099-OID. You are reducing your interest income on a bond by the amount of amortizable bond premium. You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989. You received interest or ordinary dividends as a nominee. You had a financial interest in, or signature authority over, a financial account in a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. Part III of the schedule has questions about foreign accounts and trusts. Specific Instructions You can list more than one payer on each entry space for lines 1 and 5, but be sure to clearly show the amount paid next to the payer's name. Add the separate amounts paid by the payers listed on an entry space and enter the total in the \"Amount\" column. If you still need more space, attach separate statements that are the same size as the printed schedule. Use the same format as lines 1 and 5, but show your totals on Schedule B. Be sure to put your name and social security number (SSN) on the statements and attach them at the end of your return. TIP Part I. Interest Line 1. Report on line 1 all of your taxable interest. Taxable interest should be shown on your Forms 1099-INT, Forms 1099-OID, or substitute statements. Include interest from series EE, H, HH, and I U.S. savings bonds. List each payer's name and show the amount. Do not report on this line any tax-exempt interest from box 8 or box 9 of Form 1099-INT. Instead, report the amount from box 8 on line 8b of Form 1040A or 1040. If an amount is shown in box 9 of Form 1099-INT, you generally must report it on line 12 of Form 6251. See the Instructions for Form 6251 for more details. Seller-financed mortgages. If you sold your home or other property and the buyer used the property as a personal residence, list first any interest the buyer paid you on a mortgage or other form of seller financing. Be sure to show the buyer's name, address, and SSN. You must also let the buyer know your SSN. If you do not show the buyer's name, address, and SSN, or let the buyer know your SSN, you may have to pay a $50 penalty. Nominees. If you received a Form 1099-INT that includes interest you received as a nominee (that is, in your name, but the interest actually belongs to someone else), report the total on line 1. Do this even if you later distributed some or all of this income to others. Under your last entry on line 1, put a subtotal of all interest listed on line 1. Below this subtotal, enter "Nominee Distribution" and show the total interest you received as a nominee. Subtract this amount from the subtotal and enter the result on line 2. If you received interest as a nominee, you must give the actual owner a Form 1099-INT unless the owner is your spouse. You must also file a Form 1096 and a Form 1099-INT with the IRS. For more details, see the General Instructions for Certain Information Returns and the Instructions for Forms 1099-INT and 1099-OID. TIP Accrued interest. When you buy bonds between interest payment dates and pay accrued interest to the seller, this interest is taxable to the seller. If you received a Form 1099 for interest as a purchaser of a bond with accrued interest, follow the rules earlier under Nominees to see how to report the accrued interest. But identify the amount to be subtracted as \"Accrued Interest.\" Original issue discount (OID). If you are reporting OID in an amount less than the amount shown on Form 1099-OID, follow the rules earlier under Nominees to see how to report the OID. But identify the amount to be subtracted as \"OID Adjustment.\" Amortizable bond premium. If you are reducing your interest income on a bond by the amount of amortizable bond premium, follow the rules earlier under Nominees to see how to report the interest. But identify the amount to be subtracted as \"ABP Adjustment.\" Line 3. If, during 2012, you cashed series EE or I U.S. savings bonds issued after 1989 and you paid qualified higher education expenses for yourself, your spouse, or your dependents, you may be able to exclude part or all of the interest on those bonds. See Form 8815 for details. Part II. Ordinary Dividends You may have to file Form 5471 if, in 2012, you were an officer or director of a foreign corporation. You may also have to file Form 5471 if, in 2012, you owned 10% or more of the total (a) value of a foreign corporation's stock, or (b) combined voting power of all classes of a foreign corporation's stock with voting rights. For details, see Form 5471 and its instructions. TIP Line 5. Report on line 5 all of your ordinary dividends. This amount should be shown in box 1a of your Forms 1099-DIV or substitute statements. List each payer's name and show the amount. Nominees. If you received a Form 1099-DIV that includes ordinary dividends you received as a nominee (that is, in your name, but the ordinary dividends actually belong to someone else), report the total on line 5. Do this even if you later distributed some or all of this income to others. Under your last entry on line 5, put a subtotal of all ordinary dividends listed on line 5. Below this subtotal, enter \"Nominee Distribution\" and show the total ordinary dividends you received as a nominee. Subtract this amount from the subtotal and enter the result on line 6. If you received dividends as a nominee, you must give the actual owner a Form 1099-DIV unless the owner is your spouse. You must also file a Form 1096 and a Form 1099-DIV with the IRS. For more details, see the General Instructions for Certain Information Returns and the Instructions for Form 1099-DIV. TIP Part III. Foreign Accounts and Trusts Regardless of whether you are required to file Form TD F 90-22.1 (FBAR), you may be required to file Form 8938, Statement of Specified Foreign Financial Assets, with your income tax return. Failure to file Form 8938 may result in penalties and extension of the statute of limitations. See www.irs.gov/form8938 for more information. TIP Line 7a-Question 1. Check the \"Yes\" box if at any time during 2012 you had a financial interest in or signature authority over a financial account located in a foreign country. See the definitions that follow. Check the \"Yes\" box even if you are not required to file Form TD F 90-22.1. Financial account. A financial account includes, but is not limited to, a securities, brokerage, savings, demand, checking, deposit, time deposit, or other account maintained with a financial institution (or other person performing the services of a financial institution). A financial account also includes a commodity futures or options account, an insurance policy with a cash value (such as a whole life insurance policy), an annuity policy with a cash value, and shares in a mutual fund or similar pooled fund (that is, a fund that is available to the general public with a regular net asset value determination and regular redemptions). Financial account located in a foreign country. A financial account is located in a foreign country if the account is physically located outside of the United States. For example, an account maintained with a branch of a United States bank that is physically located outside of the United States is a foreign financial account. An account maintained with a branch of a foreign bank that is physically located in the United States is not a foreign financial account. Signature authority. Signature authority is the authority of an individual (alone or in conjunction with another individual) to control the disposition of assets held in a foreign financial account by direct communication (whether in writing or otherwise) to the bank or other financial institution that maintains the financial account. See the Instructions for Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts) for exceptions. Do not consider the exceptions relating to signature authority in answering Question 1 on line 7a. Other definitions. For definitions of \"financial interest,\" \"United States,\" and other relevant terms, see the instructions for Form TD F 90-22.1. Note. You can get Form TD F 90-22.1 from the IRS website at www.irs.gov/pub/irs-pdf/f90221.pdf. Line 7a-Question 2. See Form TD F 90-22.1 and its instructions to determine whether you must file the form. Check the \"Yes\" box if you are required to file the form; check the "No" box if you are not required to file the form. If you checked the \"Yes\" box to Question 2 on line 7a, file Form TD F 90-22.1 with the Department of Treasury at the address shown in the instructions for that form. Do not attach Form TD F 90-22.1 to your tax return. To be considered timely, Form TD F 90-22.1 must be received by June 30, 2013. ! If you are required to file Form TD F 90-22.1 but do not properly do so, you may have to pay a civil penalty up to $10,000. A person who willfully fails to CAUTION report an account or provide account identifying information may be subject to a civil penalty equal to the greater of $100,000 or 50 percent of the balance in the account at the time of the violation. Willful violations may also be subject to criminal penalties. Line 7b. If you are required to file Form TD F 90-22.1, enter the name of the foreign country or countries in the space provided on line 7b. Attach a separate statement if you need more space. Line 8. If you received a distribution from a foreign trust, you must provide additional information. For this purpose, a loan of cash or marketable securities generally is considered to be a distribution. See Form 3520 for details. If you were the grantor of, or transferor to, a foreign trust that existed during 2012, you may have to file Form 3520. Do not attach Form 3520 to Form 1040. Instead, file it at the address shown in its instructions. If you were treated as the owner of a foreign trust under the grantor trust rules, you are also responsible for ensuring that the foreign trust files Form 3520-A. Form 3520-A is due on March 15, 2013, for a calendar year trust. See the instructions for Form 3520-A for more details. Form 1040 2012 (99) Department of the TreasuryInternal Revenue Service U.S. Individual Income Tax Return For the year Jan. 1-Dec. 31, 2012, or other tax year beginning OMB No. 1545-0074 , 2012, ending Your first name and initial Last name Mari N. Frost Will S. Frost IRS Use OnlyDo not write or staple in this space. See separate instructions. , 20 Your social security number 1 2 3 4 5 6 7 8 7 Spouse's social security number Last name If a joint return, spouse's first name and initial 1 1 1 1 1 1 1 1 1 Apt. no. Home address (number and street). If you have a P.O. box, see instructions. 426, East Twin Oaks Road City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking Foreign postal code a box below will not change your tax or refund. You Spouse Sioux Falls, SD 57105 Foreign country name Filing Status Check only one box. Exemptions Foreign province/state/county 1 2 3 6a b Income Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. If you did not get a W-2, see instructions. Enclose, but do not attach, any payment. Also, please use Form 1040-V. Adjusted Gross Income child's name here. Spouse . Dependents: . . . . b . . . . . . . (2) Dependent's social security number Last name Emma J. Frost Austin W Frost 7 8a b 9a 5 Qualifying widow(er) with dependent child Yourself. If someone can claim you as a dependent, do not check box 6a . (1) First name d Head of household (with qualifying person). (See instructions.) If the qualifying person is a child but not your dependent, enter this Married filing separately. Enter spouse's SSN above and full name here. c If more than four dependents, see instructions and check here 4 Single Married filing jointly (even if only one had income) Total number of exemptions claimed . . . . . . . . . . . Daughter Son . . . . Wages, salaries, tips, etc. Attach Form(s) W-2 . Taxable interest. Attach Schedule B if required . Tax-exempt interest. Do not include on line 8a . Ordinary dividends. Attach Schedule B if required . . . . . . . . . . . . . . . . . . } (4) if child under age 17 qualifying for child tax credit (see instructions) (3) Dependent's relationship to you 1 2 3 4 5 6 7 8 8 1 2 3 4 5 6 7 8 9 Dependents on 6c not entered above . . . . . . . . . . . 8b . . . . . . . . . . . . . . . . 7 95625 8a 6510 . . . . . . . 9a . . 3100 . . . . . . 10 11 290 12 13 14 37585 12 13 14 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . Capital gain or (loss). Attach Schedule D if required. If not required, check here Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . 15a 16a 17 IRA distributions . 15a b Taxable amount . . . Pensions and annuities 16a b Taxable amount . . . Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 15b 16b 17 18 19 20a Farm income or (loss). Attach Schedule F . Unemployment compensation . . . . Social security benefits 20a 18 19 20b 21 22 Other income. List type and amount Combine the amounts in the far right column for lines 7 through 21. This is your total income 23 Educator expenses 24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ 25 Health savings account deduction. Attach Form 8889 . 24 25 26 27 28 Moving expenses. Attach Form 3903 . . . . . . Deductible part of self-employment tax. Attach Schedule SE . Self-employed SEP, SIMPLE, and qualified plans . . 26 27 28 29 30 31a Self-employed health insurance deduction Penalty on early withdrawal of savings . . . . . . . . . . 32 33 34 Alimony paid b Recipient's SSN IRA deduction . . . . . . . Student loan interest deduction . . Tuition and fees. Attach Form 8917 . 29 30 31a . . . . . . . . . . . . 32 33 34 35 36 37 Domestic production activities deduction. Attach Form 8903 35 Add lines 23 through 35 . . . . . . . . . . . . . Subtract line 36 from line 22. This is your adjusted gross income . . . . . . . . . . . . . . . . . . . Add numbers on lines above . 10 11 . . Boxes checked on 6a and 6b No. of children on 6c who: lived with you did not live with you due to divorce or separation (see instructions) Qualified dividends . . . . . . . . . . . 9b Taxable refunds, credits, or offsets of state and local income taxes Alimony received . . . . . . . . . . . . . . . . . Make sure the SSN(s) above and on line 6c are correct. . . . . . . . . . . . . . . . . b Taxable amount . . . . . . . . . . . 21 22 140010 36 37 2655 137355 2 23 . 2655 . . For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. . . . . . . . . . Cat. No. 11320B Form 1040 (2012) Page 2 Form 1040 (2012) Tax and Credits Standard Deduction for People who check any box on line 39a or 39b or who can be claimed as a dependent, see instructions. All others: Single or Married filing separately, $5,950 Married filing jointly or Qualifying widow(er), $11,900 Head of household, $8,700 Other Taxes Payments If you have a qualifying child, attach Schedule EIC. 38 Amount from line 37 (adjusted gross income) 39a Check if: Sign Here Paid Preparer Use Only . You were born before January 2, 1948, Spouse was born before January 2, 1948, . . Blind. Blind. . } . . . . . . 39b 42 43 Exemptions. Multiply $3,800 by the number on line 6d . . . . . . . . . . . . Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . Form 4972 c 962 election Tax (see instructions). Check if any from: a Form(s) 8814 b 44 45 46 Alternative minimum tax (see instructions). Attach Form 6251 . Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b . . . 8919 . . . . Foreign tax credit. Attach Form 1116 if required . Credit for child and dependent care expenses. Attach Form 2441 47 48 49 50 51 Education credits from Form 8863, line 19 . . . . . Retirement savings contributions credit. Attach Form 8880 Child tax credit. Attach Schedule 8812, if required . . . 49 50 51 52 53 54 55 Residential energy credits. Attach Form 5695 . . . . 52 3800 b 8801 c Other credits from Form: a 53 Add lines 47 through 53. These are your total credits . . . . . Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- 56 57 Self-employment tax. Attach Schedule SE . . . . Unreported social security and Medicare tax from Form: 58 59a b Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required Household employment taxes from Schedule H . . . . . . a 4137 . . . . . . . . . . First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . . . . . . . . . . . . Other taxes. Enter code(s) from instructions 62 63 Federal income tax withheld from Forms W-2 and 1099 . . 2012 estimated tax payments and amount applied from 2011 return 64a b Earned income credit (EIC) . . . . . . Nontaxable combat pay election 64b Additional child tax credit. Attach Schedule 8812 . Add lines 55 through 60. This is your total tax . . . . . . . . . . . . . American opportunity credit from Form 8863, line 8 . Reserved . . . . . . . . . . . . . Amount paid with request for extension to file . . . . . . . . . . . . 40 41 42 137355 7600 43 129755 62 63 64a 0 44 45 46 55 56 57 4616 58 59a 59b 60 61 13800 4000 65 66 67 68 . . . . 69 Credit for federal tax on fuels. Attach Form 4136 . . . . 70 Credits from Form: a 2439 b Reserved c 8801 d 8885 71 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . Excess social security and tier 1 RRTA tax withheld . . . . 73 If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid 74a b d Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . c Type: Routing number Checking Savings 9 8 7 6 5 4 3 2 1 Account number 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 0 Amount of line 73 you want applied to your 2013 estimated tax 75 Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions 75 76 137355 54 . . 60 61 65 66 . . . . 47 48 . 38 Total boxes checked 39a . . 77 77 Estimated tax penalty (see instructions) . . . . . . . Do you want to allow another person to discuss this return with the IRS (see instructions)? Designee's name Phone no. 72 73 74a 76 Yes. Complete below. No Personal identification number (PIN) Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Your signature Date Your occupation Daytime phone number Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.) PTIN Check if self-employed Joint return? See instructions. Keep a copy for your records. . Itemized deductions (from Schedule A) or your standard deduction (see left margin) Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . Third Party Designee . 40 41 Direct deposit? See instructions. Amount You Owe . If your spouse itemizes on a separate return or you were a dual-status alien, check here b 67 68 69 70 71 72 Refund { . Print/Type preparer's name Firm's name Preparer's signature Date Firm's EIN Firm's address Phone no. Form 1040 (2012) Form 2106 Department of the Treasury Internal Revenue Service (99) Employee Business Expenses Attach to Form 1040 or Form 1040NR. OMB No. 1545-0074 2012 Attachment Sequence No. Social security number Information about Form 2106 and its separate instructions is available at www.irs.gov/form2106. Your name Occupation in which you incurred expenses Mari J. Frost Architect Part I 123 45 129 6787 Employee Business Expenses and Reimbursements Column A Other Than Meals and Entertainment Step 1 Enter Your Expenses 1 Vehicle expense from line 22 or line 29. (Rural mail carriers: See instructions.) . . . . . . . . . . . . . . . . . . 2 Parking fees, tolls, and transportation, including train, bus, etc., that did not involve overnight travel or commuting to and from work . 3 Travel expense while away from home overnight, including lodging, airplane, car rental, etc. Do not include meals and entertainment . 4 Business expenses not included on lines 1 through 3. Do not include meals and entertainment . . . . . . . . . . . . . . 5 Meals and entertainment expenses (see instructions) . . . . . 6 Total expenses. In Column A, add lines 1 through 4 and enter the result. In Column B, enter the amount from line 5 . . . . . . 1 8280 2 300 3 3200 4 Column B Meals and Entertainment 395 5 3200 6 12175 3200 Note: If you were not reimbursed for any expenses in Step 1, skip line 7 and enter the amount from line 6 on line 8. Step 2 Enter Reimbursements Received From Your Employer for Expenses Listed in Step 1 7 Enter reimbursements received from your employer that were not reported to you in box 1 of Form W-2. Include any reimbursements reported under code \"L\" in box 12 of your Form W-2 (see instructions) . . . . . . . . . . . . . . . . . . . 7 12400 3600 Step 3 Figure Expenses To Deduct on Schedule A (Form 1040 or Form 1040NR) 8 Subtract line 7 from line 6. If zero or less, enter -0-. However, if line 7 is greater than line 6 in Column A, report the excess as income on Form 1040, line 7 (or on Form 1040NR, line 8) . . . . . . . 8 0 0 Note: If both columns of line 8 are zero, you cannot deduct employee business expenses. Stop here and attach Form 2106 to your return. 9 In Column A, enter the amount from line 8. In Column B, multiply line 8 by 50% (.50). (Employees subject to Department of Transportation (DOT) hours of service limits: Multiply meal expenses incurred while away from home on business by 80% (.80) instead of 50%. For details, see instructions.) . . . . . . . . . . . . . . 9 0 10 Add the amounts on line 9 of both columns and enter the total here. Also, enter the total on Schedule A (Form 1040), line 21 (or on Schedule A (Form 1040NR), line 7). (Armed Forces reservists, qualified performing artists, fee-basis state or local government officials, and individuals with disabilities: See the instructions for special rules on where to enter the total.) . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 11700N 0 10 Form 2106 (2012) Form 2106 (2012) Part II Page Section AGeneral Information (You must complete this section if you are claiming vehicle expenses.) 11 12 13 14 15 16 17 18 19 20 21 2 Vehicle Expenses Enter the date the vehicle was placed in service . . . . . . . . Total miles the vehicle was driven during 2012 . . . . . . . . Business miles included on line 12 . . . . . . . . . . . . Percent of business use. Divide line 13 by line 12 . . . . . . . . Average daily roundtrip commuting distance . . . . . . . . . Commuting miles included on line 12 . . . . . . . . . . . Other miles. Add lines 13 and 16 and subtract the total from line 12 . Was your vehicle available for personal use during off-duty hours? . . Do you (or your spouse) have another vehicle available for personal use? Do you have evidence to support your deduction? . . . . . . . If \"Yes,\" is the evidence written? . . . . . . . . . . . . . (a) Vehicle 1 . . . . . . . . . . . . . . . 11 12 13 14 15 16 17 . . . . 03 / 01 18000 14400 10 3600 0 . . . . . . . . . . . . . . . . / 2012 miles miles % 80 miles miles miles . . . . . . . . . . . . . . . . (b) Vehicle 2 / Yes Yes Yes Yes / miles miles % miles miles miles No No No No Section BStandard Mileage Rate (See the instructions for Part II to find out whether to complete this section or Section C.) 22 Multiply line 13 by 55.5 (.555). Enter the result here and on line 1 . . (a) Vehicle 1 Gasoline, oil, repairs, vehicle 23 insurance, etc. . . . . . . 23 24a Vehicle rentals . . . . . . 24a b Inclusion amount (see instructions) . 24b c Subtract line 24b from line 24a . 24c Value of employer-provided vehicle 25 (applies only if 100% of annual lease value was included on Form W-2see instructions) . . . . 25 26 Add lines 23, 24c, and 25. . . 26 Multiply line 26 by the percentage 27 on line 14 . . . . . . . . 27 28 Depreciation (see instructions) . 28 Add lines 27 and 28. Enter total 29 here and on line 1 . . . . . 29 . . . Section CActual Expenses . . . . . 22 (b) Vehicle 2 8136 5250 5250 4200 4080 8280 Section DDepreciation of Vehicles (Use this section only if you owned the vehicle and are completing Section C for the vehicle.) (a) Vehicle 1 30 Enter cost or other basis (see instructions) . . . . . . . 30 31 Enter section 179 deduction and special allowance (see instructions) 31 32 33 34 Multiply line 30 by line 14 (see instructions if you claimed the section 179 deduction or special allowance). . . . . . . . Enter depreciation method and percentage (see instructions) . Multiply line 32 by the percentage on line 33 (see instructions) . . 35 36 Add lines 31 and 34 . . . . Enter the applicable limit explained in the line 36 instructions . . . 37 Multiply line 36 by the percentage on line 14 . . . . . . . . 38 Enter the smaller of line 35 or line 37. If you skipped lines 36 and 37, enter the amount from line 35. Also enter this amount on line 28 above . . . . . . . . . 32 33 24120 0 19296 200% declining bal 34 35 36 (b) Vehicle 2 38592 38592 5100 37 4080 38 4080 Form 2106 (2012) Form 8829 Department of the Treasury Internal Revenue Service (99) Expenses for Business Use of Your Home File only with Schedule C (Form 1040). Use a separate Form 8829 for each home you used for business during the year. Information about Form 8829 and its separate instructions is at www.irs.gov/form8829. Part I 123456787 Part of Your Home Used for Business 1 Area used regularly and exclusively for business, regularly for daycare, or for storage of inventory or product samples (see instructions) . . . . . . . . . . . . . . . . 2 Total area of home . . . . . . . . . . . . . . . . . . . . . . . . . 3 Divide line 1 by line 2. Enter the result as a percentage . . . . . . . . . . . . . For daycare facilities not used exclusively for business, go to line 4. All others go to line 7. 4 4 Multiply days used for daycare during year by hours used per day - hr. 8,784 hr. 5 Total hours available for use during the year (366 days x 24 hours) (see instructions) 5 . 6 Divide line 4 by line 5. Enter the result as a decimal amount . . . 6 7 Business percentage. For daycare facilities not used exclusively for business, multiply line 6 by line 3 (enter the result as a percentage). All others, enter the amount from line 3 . . . . . Part II 8 Enter the amount from Schedule C, line 29, plus any gain derived from the business use of your home and shown on Schedule D or Form 4797, minus any loss from the trade or business not derived from the business use of your home and shown on Schedule D or Form 4797. See instructions . . 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 (a) Direct expenses 7 12.5 % 8 42000 14 15 0 42000 25 26 27 3900 615 4515 0 35 4415 36 37 38 39 40 41 240000 40000 200000 42 43 0 0 Carryover of Unallowed Expenses to 2013 42 Operating expenses. Subtract line 26 from line 25. If less than zero, enter -0- . . . . . . 43 Excess casualty losses and depreciation. Subtract line 32 from line 31. If less than zero, enter -0For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 13232M 3900 38100 31 32 33 34 Depreciation of Your Home Enter the smaller of your home's adjusted basis or its fair market value (see instructions) . . Value of land included on line 36 . . . . . . . . . . . . . . . . . . . . . Basis of building. Subtract line 37 from line 36 . . . . . . . . . . . . . . . . Business basis of building. Multiply line 38 by line 7. . . . . . . . . . . . . . . Depreciation percentage (see instructions). . . . . . . . . . . . . . . . . . Depreciation allowable (see instructions). Multiply line 39 by line 40. Enter here and on line 29 above Part IV 300 2400 12.5 % (b) Indirect expenses Casualty losses (see instructions). . . . . 9 0 0 Deductible mortgage interest (see instructions) 10 0 0 Real estate taxes (see instructions) . . . . 11 0 0 Add lines 9, 10, and 11 . . . . . . . . 12 0 0 Multiply line 12, column (b) by line 7 . . . . 13 0 Add line 12, column (a) and line 13 . . . . Subtract line 14 from line 8. If zero or less, enter -0Excess mortgage interest (see instructions) . 16 0 0 Insurance . . . . . . . . . . . . 17 0 3200 Rent . . . . . . . . . . . . . . 18 0 0 Repairs and maintenance . . . . . . . 19 0 1800 Utilities . . . . . . . . . . . . . 20 0 6200 Other expenses (see instructions). . . . . 21 2500 0 Add lines 16 through 21 . . . . . . . . 22 2500 11200 Multiply line 22, column (b) by line 7 . . . . . . . . . . . 23 1400 Carryover of operating expenses from 2011 Form 8829, line 42 . . 24 0 Add line 22, column (a), line 23, and line 24 . . . . . . . . . . . . . . . . . Allowable operating expenses. Enter the smaller of line 15 or line 25 . . . . . . . . . Limit on excess casualty losses and depreciation. Subtract line 26 from line 15 . . . . . Excess casualty losses (see instructions) . . . . . . . . . 28 0 Depreciation of your home from line 41 below . . . . . . . 29 615 Carryover of excess casualty losses and depreciation from 2011 Form 8829, line 43 30 0 Add lines 28 through 30 . . . . . . . . . . . . . . . . . . . . . . . . Allowable excess casualty losses and depreciation. Enter the smaller of line 27 or line 31 . . Add lines 14, 26, and 32. . . . . . . . . . . . . . . . . . . . . . . . Casualty loss portion, if any, from lines 14 and 32. Carry amount to Form 4684 (see instructions) Allowable expenses for business use of your home. Subtract line 34 from line 33. Enter here and on Schedule C, line 30. If your home was used for more than one business, see instructions Part III 1 2 3 Figure Your Allowable Deduction See instructions for columns (a) and (b) before completing lines 9-21. 2012 Attachment Sequence No. 176 Your social security number Name(s) of proprietor(s) Mari J Frost OMB No. 1545-0074 615 25000 2.461 % 615 Form 8829 (2012) SCHEDULE B Department of the Treasury Internal Revenue Service (99) OMB No. 1545-0074 Interest and Ordinary Dividends (Form 1040A or 1040) Information Attach to Form 1040A or 1040. about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/form1040. Name(s) shown on return Part I 1 Interest (See instructions on back and the instructions for Form 1040A, or Form 1040, line 8a.) Note. If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Part II 2012 Attachment Sequence No. 08 Your social security number Amount List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see instructions on back and list this interest first. Also, show that buyer's social security number and address City of Sioux Falls Bonds General Motor Corporate Bonds 1400 1900 Castle Bank Certificate of Deposit Sarah Frost - Caine 3510 500 1 2 3 Add the amounts on line 1 . . . . . . . . . . Excludable interest on series EE and I U.S. savings Attach Form 8815 . . . . . . . . . . . . . 4 Subtract line 3 from line 2. Enter the result here and 1040, line 8a . . . . . . . . . . . . . . Note. If line 4 is over $1,500, you must complete Part III. List name of payer 5 . . . . . . . . bonds issued after 1989. . . . . . . . . on Form 1040A, or Form . . . . . . . . 2 6510 3 0 4 6510 Amount Ordinary 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 name as the payer and enter the ordinary dividends shown on that form. Part III Foreign Accounts and Trusts (See instructions on back.) 5 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 6 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . Note. If line 6 is over $1,500, you must complete 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. 7a At any time during 2012, did you have a financial interest in or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located in a foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" are you required to file Form TD F 90-22.1 to report that financial interest or signature authority? See Form TD F 90-22.1 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . . . . . . . . . . . . b If you are required to file Form TD F 90-22.1, enter the name of the foreign country where the financial account is located 8 During 2012, 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 . . . . . . For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Yes No Schedule B (Form 1040A or 1040) 2012 Page 2 Schedule B (Form 1040A or 1040) 2012 General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Future Developments For the latest information about developments related to Schedule B (Form 1040A or 1040) and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form1040. Purpose of Form Use Schedule B if any of the following applies. You had over $1,500 of taxable interest or ordinary dividends. You received interest from a seller-financed mortgage and the buyer used the property as a personal residence. You have accrued interest from a bond. You are reporting original issue discount (OID) in an amount less than the amount shown on Form 1099-OID. You are reducing your interest income on a bond by the amount of amortizable bond premium. You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989. You received interest or ordinary dividends as a nominee. You had a financial interest in, or signature authority over, a financial account in a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. Part III of the schedule has questions about foreign accounts and trusts. Specific Instructions You can list more than one payer on each entry space for lines 1 and 5, but be sure to clearly show the amount paid next to the payer's name. Add the separate amounts paid by the payers listed on an entry space and enter the total in the \"Amount\" column. If you still need more space, attach separate statements that are the same size as the printed schedule. Use the same format as lines 1 and 5, but show your totals on Schedule B. Be sure to put your name and social security number (SSN) on the statements and attach them at the end of your return. TIP Part I. Interest Line 1. Report on line 1 all of your taxable interest. Taxable interest should be shown on your Forms 1099-INT, Forms 1099-OID, or substitute statements. Include interest from series EE, H, HH, and I U.S. savings bonds. List each payer's name and show the amount. Do not report on this line any tax-exempt interest from box 8 or box 9 of Form 1099-INT. Instead, report the amount from box 8 on line 8b of Form 1040A or 1040. If an amount is shown in box 9 of Form 1099-INT, you generally must report it on line 12 of Form 6251. See the Instructions for Form 6251 for more details. Seller-financed mortgages. If you sold your home or other property and the buyer used the property as a personal residence, list first any interest the buyer paid you on a mortgage or other form of seller financing. Be sure to show the buyer's name, address, and SSN. You must also let the buyer know your SSN. If you do not show the buyer's name, address, and SSN, or let the buyer know your SSN, you may have to pay a $50 penalty. Nominees. If you received a Form 1099-INT that includes interest you received as a nominee (that is, in your name, but the interest actually belongs to someone else), report the total on line 1. Do this even if you later distributed some or all of this income to others. Under your last entry on line 1, put a subtotal of all interest listed on line 1. Below this subtotal, enter "Nominee Distribution" and show the total interest you received as a nominee. Subtract this amount from the subtotal and enter the result on line 2. If you received interest as a nominee, you must give the actual owner a Form 1099-INT unless the owner is your spouse. You must also file a Form 1096 and a Form 1099-INT with the IRS. For more details, see the General Instructions for Certain Information Returns and the Instructions for Forms 1099-INT and 1099-OID. TIP Accrued interest. When you buy bonds between interest payment dates and pay accrued interest to the seller, this interest is taxable to the seller. If you received a Form 1099 for interest as a purchaser of a bond with accrued interest, follow the rules earlier under Nominees to see how to report the accrued interest. But identify the amount to be subtracted as \"Accrued Interest.\" Original issue discount (OID). If you are reporting OID in an amount less than the amount shown on Form 1099-OID, follow the rules earlier under Nominees to see how to repor