Prepare forms 8849 and schedule D with the given information.

I only need form 8949 and schedule D.

this is all the information given for this question no additional needed.

PROBLEM 5-PARTNERSHIP (FORM 1065) Ryan Hoss (111-11-1112 Oscar Omega 22-22-2222.Clasky and Kim Kardan (4+1-410 are qualche members ROG LLC ROCK rves as pents and manager for pecene man in the tow Are The Federal ID number is 55-5545555 h uses the che calendar year and began operations on January 1, 20. to current de 6 wa Bavant So 2100. LA CAWOONG ROCK the force behet me hannor, Bangundy Selena G. Tyler Quick, the Mode Coming Deagons and has had a very ple year. The was taken from the cinematement for the car Revue Fees and com CO Taxable income from Tapet 1200 Het ganon DANO Advance Sech Gadis Eratosos Lagung One - O Top During the plan of bomen 19 fully depende me. The Red for camada Decode artin ROCK cum cu Dumit purchase of Tectone December 15 Och Betawi The BOC. shares is pred Nere To The produced I pulled pol made in 2016 here 250.000 cashing them. The corect Cath Lahoma Onge Capital Capel One Com Garda PROBLEM 5PARTNERSHIP (FORM 1065) intuit proconnect Ryan Ross (111 11 1112), Oscar Omega (222 22 2223), Clark Carey 333 33 3334), and Kim Kardigan (444-44-4445) are equal active members in ROCK the Ages LLC. ROCK serves as agent and manager for prominent musicians in the Los Angeles area. The LLC's Federal ID number is 55-5555556. It uses the cash basis and the calendar year and began operations on January 1, 2007. Its current address is 6102 Wilshire Boule- vard, Suite 2100, Los Angeles, CA 90036. ROCK was the force behind such music iconsas "Stake" Malone, Burgundy Six, Elena Gomez, Tyler Quick, Queen Bey, and Bruno Mercury and has had a very profitable year. The following information was taken from the LLC income statement for the current year. Revenues Fees and commissions $4,800,000 Taxable interest Income from bank deposits 1.600 Tax-exempt interest 3.200 Net pain on stock sales Total revenues $1808.400 4.000 $ 180,000 28,000 20.000 1,000,000 Expenses Advertising and public relations Charitable contributions Section 179 expense Employee W-2 wages Guaranteed payment services), Ryan Ross, office manager Guaranteed payment services), other members Business meals subject to 50% disallowance Travel Legal and accounting fees Office rentals pald Interest expense on operating line of credit Insurance premium Office expense Payroll taxes Uurities Total expenses 800.000 600,000 200.000 320,000 132.000 80.000 10,000 52.000 200,000 92.000 54.820 BOG Medici Legal and accounting fees 132,000 Office rentals paid 80,000 Interest expense on operating line of credit 10,000 Insurance premiums 52,000 Office expense 200,000 Payroll taxes 92,000 Utilities 54.800 Total expenses $3.968,000 Recently, ROCK has taken advantage of bonus depreciation and $ 179 deductions and fully remodeled the premises and upgraded its leasehold improvements. This year, ROCK wrapped up its remodel with the purchase of $20,000 of office furniture for which it will claim a $ 179 deduction. (For simplicity, assume that ROCK uses the same cost recovery methods for both tax and financial purposes. There is no depreciation adjustment for alternative minimum tax purposes. ROCK invests much of its excess cash in non-dividend paying growth stocks and tax-exempt securities. During the year, the LLC sold two securities. On June 15, ROCKpurchased 1,000 shares of Tech, Inc. stock for $100,000; it sold those shares on December 15 for $80,000. On March 15 of last year, ROCK purchased 2,000 shares of BioLabs Inc. stock for $136,000; it sold those shares for $160,000 on December 15 of the current year. These transactions were reported to the IRS on Forms 1099-B, ROCK's basis in these shares was reported. Net income per books is $840,000. On January 1, the members' capital accounts equaled $200,000 each. No additional capital contributions were made this year. In addition to their guaranteed payments, each member withdrew $250,000 cash during the year. All contributions and distributions have been in cash, so the LLC has no net unrecognized S 704(e) gain or loss. The LLC's balance sheet as of December 31 ofthis year is as follows. Ending Cash Tax-exempt securities Marketable securities Leasehold improvements, furniture, and equipment Accumulated depreciation Total assets Beginning $ 144,000 120,000 436,000 960,000 (960.000) SLR0.000 $380,00 120,000 300,000 980,000 0980.000) $800.000 Operating line of credit Capital, Ross Capital Omega Capital Carey Capital, Kardigan Total abilities and capital Beginning $ 200,000 200.000 200.000 200.000 200.000 $1.000.000 Ending $ 160,000 $160,000 $160,000 $160,000 $160.000 $800,000 rhy not match the listed product All debt is shared equally by the members. Each member has personally guaranteed the debt of the LLC. All members are active in LLC operations For our purposes, assume the is not considered an SST, and ROCK operations constitute onc active trade or business for purposes of the passive activity and at risk limitations. (Note that the $ 179 deduction is a business related expose The LOX UBIA (unadjusted basis immediately after acquisition) equals the total original cost of all lousehold improvements, or 5980,000 The appropriate business code for the entity is 711410. For the Fom 1065, page 5. Analysis of Net Income, put all paine allocation coll 2)() per IRS instruction for an LLC Prepare a form 1065 for ROCK the Apes LLC using tax basis Information for Schedules L and M-2 Provide any special information the LLC members might need, including net income from sell employment and information for the $1994 calculation. Attach additional statements if neccled You are merely asked to provided infomation for the 1991 calculation at the barter wel CUPCme Capital, Carey Capital, Kardigan Total liabilities and capital 2009 200,000 200.000 $1.000.000 TOASOO $160,000 $160.000 $800,000 nient is not final and may not match the published product. All debt is shared equally by the members. Each member has personally guaranteed the debt of the LLC. All members are active in LLC operations. For our purposes, assume the LLC is not considered an SSTB, and ROCK's operations constitute one active trade or business for purposes of the passive activity and at-risk limitations. (Note that the $ 179 deduction is a business-related expense.) The LLC'S UBIA (unadjusted basis immediately after acquisition) equals the total original cost of all leasehold improvements, or $980,000 The appropriate business code for the entity is 711410. For the Fom 1065, page 5, Analysis of Net Income, put all partners'allocations in cell 26). per IRS instructions for an LLC a 2. Prepare a Form 1065 for ROCK the Ages LLC using tax-basis information for Schedules L and M-2 Provide any special information the LLC members might need, including net income from self employment and information for the $199A calculation. Attach additional statements if needed. [You are merely asked to provided information for the $199A calculation at the partners level.] b. Prepare Forms 8949, and Schedule D. c. Prepare Schedule K-1 for Ryan Ross, 15520 W Earlson Street, Pacific Palisades, CA 90272 PROBLEM 5-PARTNERSHIP (FORM 1065) Ryan Hoss (111-11-1112 Oscar Omega 22-22-2222.Clasky and Kim Kardan (4+1-410 are qualche members ROG LLC ROCK rves as pents and manager for pecene man in the tow Are The Federal ID number is 55-5545555 h uses the che calendar year and began operations on January 1, 20. to current de 6 wa Bavant So 2100. LA CAWOONG ROCK the force behet me hannor, Bangundy Selena G. Tyler Quick, the Mode Coming Deagons and has had a very ple year. The was taken from the cinematement for the car Revue Fees and com CO Taxable income from Tapet 1200 Het ganon DANO Advance Sech Gadis Eratosos Lagung One - O Top During the plan of bomen 19 fully depende me. The Red for camada Decode artin ROCK cum cu Dumit purchase of Tectone December 15 Och Betawi The BOC. shares is pred Nere To The produced I pulled pol made in 2016 here 250.000 cashing them. The corect Cath Lahoma Onge Capital Capel One Com Garda PROBLEM 5PARTNERSHIP (FORM 1065) intuit proconnect Ryan Ross (111 11 1112), Oscar Omega (222 22 2223), Clark Carey 333 33 3334), and Kim Kardigan (444-44-4445) are equal active members in ROCK the Ages LLC. ROCK serves as agent and manager for prominent musicians in the Los Angeles area. The LLC's Federal ID number is 55-5555556. It uses the cash basis and the calendar year and began operations on January 1, 2007. Its current address is 6102 Wilshire Boule- vard, Suite 2100, Los Angeles, CA 90036. ROCK was the force behind such music iconsas "Stake" Malone, Burgundy Six, Elena Gomez, Tyler Quick, Queen Bey, and Bruno Mercury and has had a very profitable year. The following information was taken from the LLC income statement for the current year. Revenues Fees and commissions $4,800,000 Taxable interest Income from bank deposits 1.600 Tax-exempt interest 3.200 Net pain on stock sales Total revenues $1808.400 4.000 $ 180,000 28,000 20.000 1,000,000 Expenses Advertising and public relations Charitable contributions Section 179 expense Employee W-2 wages Guaranteed payment services), Ryan Ross, office manager Guaranteed payment services), other members Business meals subject to 50% disallowance Travel Legal and accounting fees Office rentals pald Interest expense on operating line of credit Insurance premium Office expense Payroll taxes Uurities Total expenses 800.000 600,000 200.000 320,000 132.000 80.000 10,000 52.000 200,000 92.000 54.820 BOG Medici Legal and accounting fees 132,000 Office rentals paid 80,000 Interest expense on operating line of credit 10,000 Insurance premiums 52,000 Office expense 200,000 Payroll taxes 92,000 Utilities 54.800 Total expenses $3.968,000 Recently, ROCK has taken advantage of bonus depreciation and $ 179 deductions and fully remodeled the premises and upgraded its leasehold improvements. This year, ROCK wrapped up its remodel with the purchase of $20,000 of office furniture for which it will claim a $ 179 deduction. (For simplicity, assume that ROCK uses the same cost recovery methods for both tax and financial purposes. There is no depreciation adjustment for alternative minimum tax purposes. ROCK invests much of its excess cash in non-dividend paying growth stocks and tax-exempt securities. During the year, the LLC sold two securities. On June 15, ROCKpurchased 1,000 shares of Tech, Inc. stock for $100,000; it sold those shares on December 15 for $80,000. On March 15 of last year, ROCK purchased 2,000 shares of BioLabs Inc. stock for $136,000; it sold those shares for $160,000 on December 15 of the current year. These transactions were reported to the IRS on Forms 1099-B, ROCK's basis in these shares was reported. Net income per books is $840,000. On January 1, the members' capital accounts equaled $200,000 each. No additional capital contributions were made this year. In addition to their guaranteed payments, each member withdrew $250,000 cash during the year. All contributions and distributions have been in cash, so the LLC has no net unrecognized S 704(e) gain or loss. The LLC's balance sheet as of December 31 ofthis year is as follows. Ending Cash Tax-exempt securities Marketable securities Leasehold improvements, furniture, and equipment Accumulated depreciation Total assets Beginning $ 144,000 120,000 436,000 960,000 (960.000) SLR0.000 $380,00 120,000 300,000 980,000 0980.000) $800.000 Operating line of credit Capital, Ross Capital Omega Capital Carey Capital, Kardigan Total abilities and capital Beginning $ 200,000 200.000 200.000 200.000 200.000 $1.000.000 Ending $ 160,000 $160,000 $160,000 $160,000 $160.000 $800,000 rhy not match the listed product All debt is shared equally by the members. Each member has personally guaranteed the debt of the LLC. All members are active in LLC operations For our purposes, assume the is not considered an SST, and ROCK operations constitute onc active trade or business for purposes of the passive activity and at risk limitations. (Note that the $ 179 deduction is a business related expose The LOX UBIA (unadjusted basis immediately after acquisition) equals the total original cost of all lousehold improvements, or 5980,000 The appropriate business code for the entity is 711410. For the Fom 1065, page 5. Analysis of Net Income, put all paine allocation coll 2)() per IRS instruction for an LLC Prepare a form 1065 for ROCK the Apes LLC using tax basis Information for Schedules L and M-2 Provide any special information the LLC members might need, including net income from sell employment and information for the $1994 calculation. Attach additional statements if neccled You are merely asked to provided infomation for the 1991 calculation at the barter wel CUPCme Capital, Carey Capital, Kardigan Total liabilities and capital 2009 200,000 200.000 $1.000.000 TOASOO $160,000 $160.000 $800,000 nient is not final and may not match the published product. All debt is shared equally by the members. Each member has personally guaranteed the debt of the LLC. All members are active in LLC operations. For our purposes, assume the LLC is not considered an SSTB, and ROCK's operations constitute one active trade or business for purposes of the passive activity and at-risk limitations. (Note that the $ 179 deduction is a business-related expense.) The LLC'S UBIA (unadjusted basis immediately after acquisition) equals the total original cost of all leasehold improvements, or $980,000 The appropriate business code for the entity is 711410. For the Fom 1065, page 5, Analysis of Net Income, put all partners'allocations in cell 26). per IRS instructions for an LLC a 2. Prepare a Form 1065 for ROCK the Ages LLC using tax-basis information for Schedules L and M-2 Provide any special information the LLC members might need, including net income from self employment and information for the $199A calculation. Attach additional statements if needed. [You are merely asked to provided information for the $199A calculation at the partners level.] b. Prepare Forms 8949, and Schedule D. c. Prepare Schedule K-1 for Ryan Ross, 15520 W Earlson Street, Pacific Palisades, CA 90272