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Filing Checklist for 2019 Tax Return Filed On Standard Forms

Prepared on: 10/19/2021 08:29:39 am

Return: C:\Users\sjs107020\Documents\HRBlock\Robert Smith 2019 Tax Return.T19

To file your 2019 tax return, simply follow these instructions:

Step 1. Sign and date the return

Because you're filing a joint return, Robert and Lisa both need to sign the tax return.

If your return is signed by a representative for you, you must have a power of attorney attached that specifically authorizes the representative to sign your return. To do this, you can use Form 2848, Power of Attorney and Declaration of Representative.

Step 2. Assemble the return

These forms should be assembled behind Form 1040: U.S. Individual Income Tax Return

- Schedule A - Schedule B - Schedule C - Schedule D - - Form 8949 - Schedule E - Schedule SE - Form 4952 - Form 8995 - Form 8960 - Form 8582 - Page 1 - - Form 8582 Page 2 (Regular Tax) - Form 4562

Staple these documents to the front of the first page of the return:

Form W-2: Wage and Tax Statement

1st (Software Inc)

Step 3. Mail the return

Mail the return to this address:

Department of the Treasury Internal Revenue Service Austin, TX 73301-0002

We recommend that you use one of these IRS-approved methods to send your return. Retain the proof of mailing to avoid a late filing penalty:

- U.S. Postal Service certified mail.

- DHL Express, Express 9:00, Express 10:30, Express 12:00, Express Worldwide, Express Envelope, Import Express 10:30, Import Express 12:00, and Import Express Worldwide.

- FedEx First Overnight, Priority Overnight, Standard Overnight, 2 Day, International Next Flight Out, International Priority, International First, or International Economy.

- UPS Next Day Air Early A.M., Next Day Air, Next Day Air Saver, 2nd Day Air, 2nd Day Air A.M., Worldwide Express Plus, or Worldwide Express.

Step 4. Keep a copy

Print a second copy of the return for your records. We recommend that you also print and retain these supporting forms, which don't need to be sent to the IRS:

- - Background Worksheet - - Form 1099-INT/OID - - Charitable Worksheet - - State and Local Income Tax - - Depreciation Summary - - Depreciation Worksheet - - Vehicle Worksheet - - Form 1099-B Account - - Capital Gains and Losses Worksheet - - K-1 Partnership/S Corporation

2019 return information - Keep this for your records

Here is some additional information about your 2019 return. Keep this information with your records.

You will need your 2019 AGI to electronically sign your return next year.

Quick Summary Income $311,697 Adjustments - $1,214 Adjusted gross income $310,483 Deductions - $21,323

Taxable income $271,268 Tax withheld or paid already $60,000 Actual tax due - $57,767 Refund applied to next year - $0 Refund $2,233

* Your long-term capital gains and qualifying dividends are taxed at a lower rate than your other income. As a result, your total federal tax is less than the tax shown on the IRS's Tax Table.

10 Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . . . .

9 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . .

If more than four dependents, see instructions and check here

Check here if you, or your spouse if filing

jointly, want $3 to go to this fund.

Checking a box below will not change your

tax or refund

If you checked the MFS box, enter the name of spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is

a child but not your dependent.

Apt. no.

City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions).

1040 2019

Your first name and middle initial Last name Your social security number

If joint return, spouse's first name and middle initial Last name

Home address (number and street). If you have a P.O. box, see instructions.

F o r m IRS Use Only—Do not write or staple in this space.U.S. Individual Income Tax Return OMB No. 1545-0074

Dependents (see instructions):

(1) First name Last name

(2) Social security number (3) Relationship to you

(99)

Filing status Married filing separately (MFS) Head of household (HOH)

You

Single Married filing jointly

Spouse's social security number

Department of the Treasury—Internal Revenue Service

Spouse

Child tax credit

KIA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Presidential Election Campaign

Qualifying widow(er) (QW)

Check only one box.

Foreign country name Foreign province/state/county Foreign postal code

(4) Check if qualifies for (see instructions):

Standard Deduction

Age/Blindness

Someone can claim: You as a dependent Your spouse as a dependent

Spouse itemizes on a separate return or you were a dual-status alien

You: Were born before January 2, 1955 Are blind Spouse: Was born before January 2, 1955 Is blind

1 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2a Tax-exempt interest . . . . . . . 2a

3a Qualified dividends . . . . . . . . 3a

4a IRA distributions . . . . . . . . . 4a

c Pensions and annuities . . . . . 4c

5a Social security benefits . . . . . . 5a

b Taxable interest. Attach Sch. B if required

b Ordinary dividends. Attach Sch. B if required

b Taxable amount . . . . . . . . . . . . .

d Taxable amount . . . . . . . . . . . . . .

b Taxable amount . . . . . . . . . . . . . .

6 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . . . . . . . . . . . .

7a Other income from Schedule 1, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Add lines 1, 2b, 3b, 4b, 4d, 5b, 6, and 7a. This is your total income . . . . . . . . . . . . . . . . . . . . . . .

8a Adjustments to income from Schedule 1, line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Subtract line 8a from line 7b. This is your adjusted gross income . . . . . . . . . . . . . . . . . . . . . . . .

11a Add lines 9 and 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . .

Standard Deduction for-

Single or Married

filing separately,

$12,200

Married filing

jointly or Qualifying

widow(er),

$24,400

Head of

Household,

$18,350

If you checked

any box under

Standard

Deduction,

see instructions.

11a

11b

•

Form 1040 (2019)

Credit for other dependents

Robert T Smith 461-11-1111

Lisa J Smith 462-45-6781

5678 orange blossom trail

dallas TX 75248

149,000

38 51,715

4,582 8,307

-3,000

105,675

311,697

1,214

310,483

21,323

17,892

39,215

271,268

d Account number

b Routing number

Phone no

Personal identification number (PIN)

16 Add lines 14 and 15. This is your total tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Add Schedule 3, line 7, and line 13a and enter the total . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Add Schedule 2, line 3, and line 12a and enter the total . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12a Tax (see inst.) Check if any from Form(s):

Direct deposit?

See instructions.

KIA Form 1040 (2019)Go to www.irs.gov/Form1040 for instructions and the latest information.

Form 1040 (2019)

1 8814 2 4972 3 12a

12b

13a Child tax credit or credit for other dependents . . . . . . . . . . . . . . . . . . . . . 13a

13b

14 Subtract line 13b from line 12b. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Other taxes, including self-employment tax, from Schedule 2, line 10 . . . . . . . . . . . . . . . . . . . . . . . . 15

17 Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Other payments and refundable credits: If you have a

qualifying child,

attach Sch. EIC.

If you have

nontaxable

combat pay, see

instructions.

a Earned income credit (EIC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Additional child tax credit. Attach Schedule 8812 . . . . . . . . . . . . . . . . . . .

c American opportunity credit from Form 8863, line 8 . . . . . . . . . . . . . . . . .

d Schedule 3, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Add lines 18a through 18d. These are your total other payments and refundable credits . . . . . . . . . .

18a

18b

18c

18d

18e

19 Add lines 17 and 18e. These are your total payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid . . . . . . . . . . . 20

21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here . . . . . . . . . 21a

c Type: Checking Savings

22 Amount of line 20 you want applied to your 2020 estimated tax . . . . . . . . 22

Refund

Amount You Owe

23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions . . . . . . . . . . 23

24 Estimated tax penalty (see instructions) . . . . . . . . . . . . . . . 24

Third Party Designee

(Other than

paid preparer)

Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. Yes. Complete below

Designee's name

Sign Here

Joint return?

See instructions.

Keep a copy for

your records.

Your signature

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.

Date Your occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.)

Spouse’s signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.)

Paid Preparer Use Only

Phone no. Email address

Preparer’s name Preparer’s signature Date PTIN Check if:

3rd Party Designee

Self-employed Firm's name

Firm's address

Phone no.

Firm's EIN

•

Page 2 53,041

53,041

4,726

57,767

20,000

40,000

60,000

2,233

XXXXXXXXX X

XXXXXXXXXXXXXXXXX

sales

cpa

405-721-4965

13 Moving expenses for members of the Armed Forces. Attach Form 3903 . . . . . . . . . . . .

7 Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Attach to Form 1040 or 1040-SR.

1 Taxable refunds, credits, or offsets of state and local income taxes . . . . . . . . . . . . . . . . . . 1

3 Business income or (loss). Attach Schedule C . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E . . . . . .

3 4

7 6 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8 Other income. List type and amount

9 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a . . . . . . . . . . . .

11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

12 Health savings account deduction. Attach Form 8889 . . . . . . . . . . . . . . . . . . . . . . . . 12

15 Self-employed SEP, SIMPLE, and qualified plans . . . . . . . . . . . . . . . . . . . . . . . . . . 15

16 Self-employed health insurance deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

17 Penalty on early withdrawal of savings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18a

19 IRA deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 Student loan interest deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule 1 (Form 1040 or 1040-SR) 2019

Name(s) shown on Form 1040 or 1040-SR

Additional Income and Adjustments to Income

Go to www.irs.gov/Form1040 for instructions and the latest information.

Your social security number

2a Alimony received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18a Alimony paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21 Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Recipient's SSN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

KIA For Paperwork Reduction Act Notice, see your tax return instructions.

10 Educator expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 1 (Form 1040 or 1040-SR)

Department of the Treasury Internal Revenue Service

OMB No. 1545-0074

2019 Attachment Sequence No. 01

14 Deductible part of self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . . . . . . .

Part I Additional Income

b Date of original divorce or separation agreement (see instructions)

4 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II Adjustments to Income

c Date of original divorce or separation agreement (see instructions)

At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Robert T Smith 461-11-1111

90,675

7,000

GAMBLING

8,000

105,675

1,214

SCHEDULE 2 (Form 1040 or 1040-SR)

Department of the Treasury

Internal Revenue Service

Attach to Form 1040 or 1040-SR.

Additional Taxes

Go to www.irs.gov/Form1040 for instructions and the latest information.

OMB No. 1545-0074

2019 Attachment Sequence No. 02

Your social security numberName(s) shown on Form 1040 or 1040-SR

2 Excess advance premium tax credit repayment. Attach Form 8962 . . . . . . . . . . . . . . . . . . 2

3 Add lines 1 and 2. Enter here and include on Form 1040 or 1040-SR, line 12b . . . . . . . . . . . 3

Schedule 2 (Form 1040 or 1040-SR) 2019KIA For Paperwork Reduction Act Notice, see your tax return instructions.

1 Alternative minimum tax. Attach Form 6251 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part I Tax

Part II Other Taxes

4 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Unreported social security and Medicare tax from Form:

6 Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

a b4137 8919 . . . . . .

7a Household employment taxes. Attach Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . .

b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required . . . . . .

8 Taxes from: a bForm 8959 Form 8960

c Instructions; enter code(s)

9 Section 965 net tax liability installment from Form 965-A . . . . . . . . . .

10 Add lines 4 through 8. These are your total other taxes. Enter here and on Form 1040 or 1040-SR, line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Robert T Smith 461-11-1111

2,428

2,298

4,726

Attach to Form 1040 or 1040-SR.

Additional Credits and Payments

Go to www.irs.gov/Form1040 for instructions and the latest information.

Name(s) shown on Form 1040 or 1040-SR

1 Foreign tax credit. Attach Form 1116 if required . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

KIA For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 3 (Form 1040 or 1040-SR) 2019

2 Credit for child and dependent care expenses. Attach Form 2441 . . . . . . . . . . . . . . . . . .

3 Education credits from Form 8863, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Residential energy credits. Attach Form 5695 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Other credits from Form: a

7 Add lines 1 through 6. Enter here and include on Form 1040 or 1040-SR, line 13b . . . . . . . . . 7

4 Retirement savings contributions credit. Attach Form 8880 . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 3 (Form 1040 or 1040-SR)

Department of the Treasury

Internal Revenue Service

Your social security number

OMB No. 1545-0074

2019 Attachment Sequence No. 03

3800 8801

Part I Nonrefundable Credits

Part II Other Payments and Refundable Credits

8 2019 estimated tax payments and amount applied from 2018 return . . . . . . . . . . . . . . . . .

9 Net premium tax credit. Attach Form 8962 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Amount paid with request for extension to file (see instructions) . . . . . . . . . . . . . . . . . . .

11 Excess social security and tier 1 RRTA tax withheld . . . . . . . . . . . . . . . . . . . . . . . . .

12 Credit for federal tax on fuels. Attach Form 4136 . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Add lines 8 through 13. Enter here and on Form 1040 or 1040-SR, line 18d . . . . . . . . . . . .

13 Credits from Form: a c2439 Reserved d8885b

Robert T Smith 461-11-1111

40,000

9 Investment interest. Attach Form 4952 if required. See instructions

Department of the Treasury Internal Revenue Service

Attach to Form 1040 or 1040-SR.

Itemized Deductions Go to www.irs.gov/ScheduleA for instructions and the latest information.

OMB No. 1545-0074

Attachment Sequence No. 07

Your social security numberName(s) shown on Form 1040 or 1040-SR

Medical and Dental Expenses

Caution: Do not include expenses reimbursed or paid by others.

1 Medical and dental expenses (see instructions) . . . . . . . . . .

2 Enter amount from Form 1040 or 1040-SR, line 8b . . . . . . . . . . . . . . . . . . .

3 Multiply line 2 by 7.5% (0.075). . . . . . . . . . . . . . . . . . .

4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . . . . . . . . . . .

Taxes You Paid

5 State and local taxes.

Schedule A (Form 1040 or 1040-SR) 2019

(99) Caution: If you are claiming a net qualified disaster loss on Form 4684, see the instructions for line 16.

b State and local real estate taxes (see instructions) . . . . . . . . 5b

c State and local personal property taxes . . . . . . . . . . . . . . 5c

d Add lines 5a through 5c . . . . . . . . . . . . . . . . . . . . . . 5d

e Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e

6 Other taxes. List type and amount 6

7 Add lines 5e and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Interest You Paid Caution: Your mortgage interest deduction may be limited (see instructions).

8 Home mortgage interest and points. If you didn't use all of your home mortgage loan(s) to buy, build, or improve your home, see instructions and check this box . . . . . . . . . . . . .

a Home mortgage interest and points reported to you on Form 1098. See instructions if limited . . . . . . . . . . . . . . . . . . . . .

b Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person's name, identi- fying no., and address

c Points not reported to you on Form 1098. See instructions for special rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8c

d Mortgage insurance premiums (see instructions) . . . . . . . . . 8d

e Add lines 8a through 8d . . . . . . . . . . . . . . . . . . . . . . 8e 9

10 Add lines 8e and 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Gifts to Charity

Caution: If you made a gift and got a benefit for it, see instructions.

12 Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500 . . . . 12

13 Carryover from prior year . . . . . . . . . . . . . . . . . . . . . 13

1414 Add lines 11 through 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Casualty and Theft Losses

15 Casualty and theft loss(es) from a federally declared disaster (other than net qualified disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Other Itemized Deductions

16 Other – from list in instructions. List type and amount

Total Itemized Deductions

17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or 1040-SR, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 If you elect to itemize deductions even though they are less than your standard deduction, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE A (Form 1040 or 1040-SR)

2019

a State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on line 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this box . . . . . . . . . . . . . . .

11 Gifts by cash or check. If you made any gift of $250 or more, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . .

KIA For Paperwork Reduction Act Notice, see the Instructions for Forms 1040 and 1040-SR.

(Rev. January 2020)

Robert T Smith 461-11-1111

310,483

23,286

14,000

10,000

323

11,000

21,323

b If you are required to file FinCEN Form 114, enter the name of the foreign country where the

financial account is located _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

6 Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR, line 3b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part I

Interest

Amount

Part II

Ordinary Dividends

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.

Foreign Accounts and Trusts

Yes No

KIA For Paperwork Reduction Act Notice, see your tax return instructions. Schedule B (Form 1040 or 1040-SR) 2019

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.

5 List name of payer ______________________________________________

Note: If line 4 is over $1,500, you must complete Part III.

8 During 2019, 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 . . . . . . . . . . . . . . . . . . . .

(See instructions and the instructions for Forms 1040 and 1040-SR, line 2b.)

(See instructions and the instructions for Forms 1040 and 1040-SR, line 3b.)

Note: If line 6 is over $1,500, you must complete Part III.

Caution: If required, failure to file FinCEN Form 114 may result in substantial penalties. See instructions.

SCHEDULE B (Form 1040 or 1040-SR)

Department of the Treasury Internal Revenue Service Attach to Form 1040 or 1040-SR.

Interest and Ordinary Dividends Go to www.irs.gov/ScheduleB for instructions and the latest information.

OMB No. 1545-0074

2019 Attachment Sequence No. 08(99)

Name(s) shown on return Your social security number

If “Yes,” are you required to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), to report that financial interest or signature authority? See FinCEN Form 114 and its instructions for filing requirements and exceptions to those requirements . . . . . . . . . . . . . . . .

1 List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see the instructions and list this interest first. Also, show that buyer's social security number and address

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. 3 Excludable interest on series EE and I U.S. savings bonds issued after 1989.

Attach Form 8815 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Add the amounts on line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-SR, line 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7a At any time during 2019, 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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part III

Robert T Smith 461-11-1111

City of Dallas 25,000

Ford 19,000

From K-1 7,715

51,715

From K-1 8,307

8,307

Other (specify) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

b Deductible meals (see

instructions) . . . . . . . . . . .

Accounting method:

SCHEDULE C (Form 1040 or 1040-SR)

Department of the Treasury

Internal Revenue Service

OMB No. 1545-0074

2019 Attachment Sequence No. 09

Name of proprietor

Principal business or profession, including product or service (see instructions)

Business address (including suite or room no.) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

City, town or post office, state, and ZIP code

Business name. If no separate business name, leave blank.

If you started or acquired this business during 2019, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

16a

16b

Expenses.

10 Commissions and fees . .

20a

20b

24a

27a

Schedule C (Form 1040 or 1040-SR) 2019

D Employer ID number (EIN) (see instr.)

Income

Social security number (SSN)

B Enter code from instructions

7 Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

32b

KIA For Paperwork Reduction Act Notice, see the separate instructions.

1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on

Form W-2 and the "Statutory employee" box on that form was checked . . . . . . . . . . . . . . . .

Did you "materially participate" in the operation of this business during 2019? If "No," see instructions for limit on losses .

28 Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . . . . . .

27a Other expenses (from line 48) . .

Profit or Loss From Business

5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Car and truck expenses (see

instructions) . . . . . . . .

17 Legal and professional services .

32 If you have a loss, check the box that describes your investment in this activity (see instructions).

8 Advertising . . . . . . . .

32a

Part I

Part II

(Sole Proprietorship)

Go to www.irs.gov/ScheduleC for instructions and the latest information.

Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships generally must file Form 1065.

29 Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829

31 Net profit or (loss). Subtract line 30 from line 29.

13 Depreciation and section 179 expense deduction (not included in Part III) (see instructions) . . . . . . . .

14 Employee benefit programs

(other than on line 19) . . .

15 Insurance (other than health)

16 Interest (see instructions):

a Mortgage (paid to banks, etc.)

b Other . . . . . . . . . . .

12 Depletion . . . . . . . . .

19 Pension and profit-sharing plans .

20 Rent or lease (see instructions):

a Vehicles, machinery, and equipment

b Other business property . . . . .

21 Repairs and maintenance . . . .

22 Supplies (not included in Part III) .

23 Taxes and licenses . . . . . . . .

24 Travel and meals:

a Travel . . . . . . . . . . . . . . .

2 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Accrual Cash

11 Contract labor (see instructions)

6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . . .

18 Office expense (see instructions)

25 Utilities . . . . . . . . . . . . . .

26 Wages (less employment credits)

(1) (3)(2)

If a profit, enter on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040NR, line 13) and on Schedule

SE, line 2. (If you checked the box on line 1, see instructions). Estates and trusts, enter on Form 1041, line 3.

If you checked 32a, enter the loss on both Schedule 1 (Form 1040 or 1040-SR), line 3 (or Form 1040NR,

line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see the line 31 instructions).

Estates and trusts, enter on Form 1041, line 3.

If you checked 32b, you must attach Form 6198. Your loss may be limited.

All investment is at risk.

Some investment is not

at risk.

24b

(99)

If a loss, you must go to line 32.

b Reserved for future use . . . . 27b

Yes No

Did you make any payments in 2019 that would require you to file Form(s) 1099? (see instructions) . . . . . . . . . . . .

If "Yes," did you or will you file required Forms 1099? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter expenses for business use of your home only on line 30.

unless using the simplified method (see instructions).

Simplified method filers only: enter the total square footage of: (a) your home: ____________________

. Use the Simplifiedand (b) the part of your home used for business: ____________________________

Method Worksheet in the instructions to figure the amount to enter on line 30 . . . . . . . . . . . . . . . .

Robert T Smith 461-11-1111

Professioanl firm 541213

Lisa CPA

5678 orange blossom trail

dallas TX 75248

X X

120,000

8,700

5,000

5,500 10,125

29,325

90,675

33 Method(s) used to

value closing inventory:

Schedule C (Form 1040 or 1040-SR) 2019 Page 2

Cost of Goods Sold (see instructions)

b Commuting (see instructions) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Yes

48 Total other expenses. Enter here and on line 27a . . . . . . . . . . . . . . . . . . . . . . . . . . . 48

Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562.

Other Expenses. List below business expenses not included on lines 8–26 or line 30.

KIA

34 Was there any change in determining quantities, costs, or valuations between opening and closing inventory?

If "Yes," attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Yes No

c Other _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

43 When did you place your vehicle in service for business purposes? (month, day, year) _ _ _ _ _ _ _ _ _ _ _ _ _ _

a Business _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

46 Do you (or your spouse) have another vehicle available for personal use? . . . . . . . . . . . . . . . . . . . . .

35 Inventory at beginning of year. If different from last year's closing inventory, attach explanation . . . . .

37 Cost of labor. Do not include any amounts paid to yourself . . . . . . . . . . . . . . . . . . . . . . . .

39 Other costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

41 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36 Purchases less cost of items withdrawn for personal use . . . . . . . . . . . . . . . . . . . . . . . .

38 Materials and supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

40 Add lines 35 through 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . . . . . . . . .

44 Of the total number of miles you drove your vehicle during 2019, enter the number of miles you used your vehicle for:

45 Was your vehicle available for personal use during off-duty hours? . . . . . . . . . . . . . . . . . . . . . . . . .

47a Do you have evidence to support your deduction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part III

Part IV

Part V

Schedule C (Form 1040 or 1040-SR) 2019

a Cost b Lower of cost or market c Other (attach explanation)

b If "Yes," is the evidence written? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Robert T Smith 461-11-1111

Supplies 4,000

Subscriptions 3,500

CPA fee 1,500

Dues 1,125

10,125

11 Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and long-term gain or (loss)

from Forms 4684, 6781, and 8824 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover Worksheet in the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 . . . . . . . . . .

Short-Term Capital Gains and Losses—Generally Assets Held One Year or Less (see instructions)

SCHEDULE D (Form 1040 or 1040-SR)

Capital Gains and Losses OMB No. 1545-0074

Attachment Sequence No. 12

Department of the Treasury Internal Revenue Service

Name(s) shown on return Your social security number

(g) Adjustments

to gain or loss from Form(s) 8949, Part I,

line 2, column (g)

(h) Gain or (loss) Subtract column (e) from column (d) and combine the result

with column (g)

KIA For Paperwork Reduction Act Notice, see your tax return instructions. Schedule D (Form 1040 or 1040-SR) 2019

2019

(d) Proceeds

(sales price)

(e) Cost

(or other basis)

Long-Term Capital Gains and Losses—Generally Assets Held More Than One Year (see instructions)

13 Capital gain distributions. See the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Net long-term capital gain or (loss). Combine lines 8a through 14 in column (h). Then go to Part III on page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Totals for all transactions reported on Form(s) 8949 with Box E checked . . . . . . . . . . . . . . . . . . . .

7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column (h). If you have any long- term capital gains or losses, go to Part II below. Otherwise, go to Part III on page 2 . . . . . . . . . . .

6 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet in the instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part I

Part II

( )

Go to www.irs.gov/ScheduleD for instructions and the latest information.

Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10.

12 Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1

5 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Totals for all transactions reported on Form(s) 8949 with Box F checked . . . . . . . . . . . . . . . . . . . .

Attach to Form 1040, 1040-SR, or 1040-NR.

( )

(99)

1b Totals for all transactions reported on Form(s) 8949 with Box A checked . . . . . . . . . . . . . . . . . . . .

2 Totals for all transactions reported on Form(s) 8949 with Box B checked . . . . . . . . . . . . . . . . . . . .

3 Totals for all transactions reported on Form(s) 8949 with Box C checked . . . . . . . . . . . . . . . . . . . .

8b Totals for all transactions reported on Form(s) 8949 with Box D checked . . . . . . . . . . . . . . . . . . . .

See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.

1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b .

(d) Proceeds

(sales price)

(e) Cost

(or other basis)

(g) Adjustments

to gain or loss from Form(s) 8949, Part II,

line 2, column (g)

(h) Gain or (loss) Subtract column (e) from column (d) and combine the result

with column (g)

See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.

8a Totals for all long-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 8b .

Did you dispose of any investment(s) in a qualified opportunity fund during the tax year?

If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss. Yes No

Robert T Smith 461-11-1111

0 0 0

0 0 0 0

1,900 2,700 0 -800

0 0 0 0

2,655

1,855

0 0 0

0 0 0 0

24,060 77,050 0 -52,990

0 0 0 0

-2,833

-55,823

The loss on line 16; or

($3,000), or if married filing separately, ($1,500)

17 Are lines 15 and 16 both gains?

Schedule D (Form 1040 or 1040-SR) 2019 Page 2

Summary

16 Combine lines 7 and 15 and enter the result . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 If you are required to complete the 28% Rate Gain Worksheet (see instructions), enter the amount, if any, from line 7 of that worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part III

KIA Schedule D (Form 1040 or 1040-SR) 2019

Yes. Go to line 18.

No. Skip lines 18 through 21, and go to line 22.

20 Are lines 18 and 19 both zero or blank?

21 If line 16 is a loss, enter here and on Form 1040 or 1040-SR, line 6; or Form 1040-NR, line 14, the smaller of:

19 If you are required to complete the Unrecaptured Section 1250 Gain Worksheet (see instructions), enter the amount, if any, from line 18 of that worksheet . . . . . . . . . . . . . . . .

Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions

for Forms 1040 and 1040-SR, line 12a (or in the instructions for Form 1040-NR, line 42). Don't

complete lines 21 and 22 below.

No. Complete the Schedule D Tax Worksheet in the instructions. Don't complete lines 21

and 22 below.

Note: When figuring which amount is smaller, treat both amounts as positive numbers.

If line 16 is a gain, enter the amount from line 16 on Form 1040 or 1040-SR, line 6; or Form

1040-NR, line 14. Then go to line 17 below.

If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete

line 22.

If line 16 is zero, skip lines 17 through 21 below and enter -0- on Form 1040 or 1040-SR, line

6; or Form 1040-NR, line 14. Then go to line 22.

( )21 . . . . . . . . . . . . . . . . . . . . . . . . . . .

22 Do you have qualified dividends on Form 1040 or 1040-SR, line 3a; or Form 1040-NR, line 10b?

Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions

for Forms 1040 and 1040-SR, line 12a (or in the instructions for Form 1040-NR, line 42).

No. Complete the rest of Form 1040, 1040-SR, or 1040-NR.

Robert T Smith 461-11-1111

-53,968

3,000

Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For a long-term transactions, see page 2.

Sales and Other Dispositions of Capital Assets OMB No. 1545-0074

Attachment Sequence No. 12A

Department of the Treasury

Internal Revenue Service

Name(s) shown on return Social security number or taxpayer identification number

(f) Code(s) from instructions

(h) Gain or (loss).

Subtract column (e) from column (d) and combine the result

with column (g)

KIA For Paperwork Reduction Act Notice, see your tax return instructions. Form 8949 (2019)

2019

(d) Proceeds

(sales price) (see instructions)

(e) Cost or other basis. See the Note below and see Column (e)

in the separate instructions

2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract

negative amounts). Enter each total here and include on your

Schedule D, line 1b (if Box A above is checked), line 2 (if Box B

above is checked), or line 3 (if Box C above is checked)

Part I

File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D.

Form 8949

You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

(A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above)

(B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS

(Mo., day, yr.)

(b) Date acquired (Mo., day, yr.)

(a) Description of property

(Example: 100 sh. XYZ Co.)

Go to www.irs.gov/Form8949 for instructions and the latest information.

(g) Amount of adjustment

Adjustment, if any, to gain or loss.

If you enter an amount in column (g),

enter a code in column (f).

See the separate instructions.

Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute

statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your

broker and may even tell you which box to check.

Note. If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.

Note. You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions).

Exxon

Robert T Smith 461-11-1111

04/28/19 09/04/19 1,900 2,700 0 -800

1,900 2,700 0 -800

Attachment Sequence No. 12A

Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on Page 1 Social security number or taxpayer identification number

Form 8949 (2019)

Long-Term. Transactions involving capital assets you held more than 1 year are generally long-term (see instructions). For short-term transactions, see page 1.

Part II

Form 8949 (2019) Page 2

You must check Box D, E, or F below. Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

(D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above)

(E) Long-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS

(F) Long-term transactions not reported to you on Form 1099-B

2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract

negative amounts). Enter each total here and include on your

Schedule D, line 8b (if Box D above is checked), line 9 (if Box E

above is checked), or line 10 (if Box F above is checked)

(a) Description of property

(Example: 100 sh. XYZ Co.)

(b) Date acquired (Mo., day, yr.)

(Mo., day, yr.)

(d) Proceeds

(sales price) (see instructions)

(e) Cost or other basis See the Note below and see Column (e)

in the separate instructions

Adjustment, if any, to gain or loss.

If you enter an amount in column (g),

enter a code in column (f).

See the separate instructions.

(g) Amount of adjustment

(f) Code(s) from instructions

(h) Gain or (loss).

Subtract column (e) from column (d) and combine the result

with column (g)

Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an

adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.

Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute

statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your

broker and may even tell you which box to check.

Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions).

KIA

Pfizer

Allergan

Texaco

Hula

Groupon

Robert T Smith 461-11-1111

05/12/89 08/15/19 5,000 3,000 0 2,000

06/10/18 10/23/19 1,525 1,800 0 -275

09/11/13 10/27/19 11,410 9,100 0 2,310

01/07/16 12/01/19 6,125 3,150 0 2,975

08/05/10 12/31/19 0 60,000 0 -60,000

24,060 77,050 0 -52,990

3 Rents received . . . . . . . . . . . . . . . . . . . . . . . . .

For each rental real estate property listed above, report the number of fair rental and personal use days. Check the QJV box only if you meet the requirements to file as a qualified joint venture. See instructions.

( )( )( )

Attach to Form 1040, 1040-SR, 1040-NR, or 1041.

Go to www.irs.gov/ScheduleE for instructions and the latest information.

2019 SCHEDULE E

Department of the Treasury Internal Revenue Service

Name(s) shown on return

Supplemental Income and Loss

Attachment Sequence No.

OMB No. 1545-0074

13 Your social security number

1a Physical address of each property (street, city, state, ZIP code)

Income:

Expenses:

5 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 Other (list) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

A B C

18 Depreciation expense or depletion . . . . . . . . . . . . . . .

20 Total expenses. Add lines 5 through 19 . . . . . . . . . . . .

21 Subtract line 20 from line 3 (rents) and/or 4 (royalties). If result is a (loss), see instructions to find out if you must

file Form 6198 . . . . . . . . . . . . . . . . . . . . . . . . .

22 Deductible rental real estate loss after limitation, if any, on Form 8582 (see instructions) . . . . . . . . . . . . . . .

26 Total rental real estate and royalty income or (loss). Combine lines 24 and 25. Enter the result here. If Parts II, III, IV, and line 40 on page 2 do not apply to you, also enter this amount on

Schedule 1 (Form 1040 or 1040-SR), line 5, or Form 1040-NR, line 18. Otherwise, include this amount in the total on line 41 on page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . KIA Schedule E (Form 1040 or 1040-SR) 2019

Part I Income or Loss From Rental Real Estate and Royalties Note: If you are in the business of renting personal property, use Schedule C (see instructions). If you are an individual, report farm rental income or loss from Form 4835 on page 2, line 40.

1717 Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Repairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Other interest . . . . . . . . . . . . . . . . . . . . . . . . . .

12 Mortgage interest paid to banks, etc. (see instructions) . . . .

11 Management fees . . . . . . . . . . . . . . . . . . . . . . .

10 Legal and other professional fees . . . . . . . . . . . . . . .

9 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8 Commissions . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Cleaning and maintenance . . . . . . . . . . . . . . . . . . .

6 Auto and travel (see instructions) . . . . . . . . . . . . . . .

24 Income. Add positive amounts shown on line 21. Do not include any losses . . . . . . . . . . . . .

25 Losses. Add royalty losses from line 21 and rental real estate losses from line 22. Enter total losses here.

4 Royalties received . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the separate instructions.

(From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.) (Form 1040 or 1040-SR)

(99)

Type of Property (from list below)

Fair Rental Days

Personal Use Days

QJV

23a Total of all amounts reported on line 3 for all rental properties . . . . . . . . . . . 23a

23b

23c

23d

23e

b Total of all amounts reported on line 4 for all royalty properties . . . . . . . . . .

e Total of all amounts reported on line 20 for all properties . . . . . . . . . . . . .

c Total of all amounts reported on line 12 for all properties . . . . . . . . . . . . .

d Total of all amounts reported on line 18 for all properties . . . . . . . . . . . . .

Properties:

Type of Property: 1 Single Family Residence 3 Vacation/Short-Term Rental 5 Land 7 Self-Rental

2 Multi-Family Residence 4 Commercial 6 Royalties 8 Other (describe)

( )

A Did you make any payments in 2019 that would require you to file Form(s) 1099? (see instructions) . . . .

B If “Yes,” did you or will you file required Forms 1099? . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Robert T Smith 461-11-1111

0 0 0

( )

Name(s) shown on return. Do not enter name and social security number if shown on page 1.

partnership

(d) Employer identification

number

Nonpassive Income and Loss

(k) Nonpassive income from Schedule K-1

Income or Loss From Estates and Trusts (b) Employer

identification number

Nonpassive Income and Loss

(e) Deduction or loss from Schedule K-1

(f) Other income from Schedule K-1

Part V Summary

40 Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . . . .

42 Reconciliation of farming and fishing income. Enter your gross

farming and fishing income reported on Form 4835, line 7; Schedule K-1

(Form 1065), box 14, code B; Schedule K-1 (Form 1120-S), box 17, code

AC; and Schedule K-1 (Form 1041), box 14, code F (see instructions) . . . 42

(e) Income from Schedules Q, line 3b

43 Reconciliation for real estate professionals. If you were a real estate professional

(see instructions), enter the net income or (loss) you reported anywhere on Form

1040, Form 1040-SR, or Form 1040-NR from all rental real estate activities in which

you materially participated under the passive activity loss rules . . . . . . . . . . . . . .

Schedule E (Form 1040 or 1040-SR) 2019 Attachment Sequence No. 13

Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs)—Residual Holder

Part II Income or Loss From Partnerships and S Corporations – Note: If you report a loss, receive a distribution, dispose of stock, or receive a loan repayment from an S corporation, you must check the box in column (e) on line 28 and attach the required basis computation. If you report a loss from an at-risk activity for which any amount is not at risk, you must check the box in column (f) on line 28 and attach Form 6198 (see instructions).

39 Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below

(a) Name (b) Employer identification

number

(a) Name

Passive Income and Loss

(d) Passive income from Schedule K-1

34a Totals

37 Total estate and trust income or (loss). Combine lines 35 and 36. . . . . . . . . . . . . . . .

(a) Name (b) Enter P for partnership; S

for S corporation

Passive Income and Loss

(g) Passive loss allowed (attach Form 8582 if required)

(h) Passive income from Schedule K-1

(i) Nonpassive loss allowed (see Schedule K-1)

29a Totals

b Totals

32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. . . . . . .

(j) Section 179 expense deduction from Form 4562

(see instructions)

(d) Taxable income (net loss) from Schedules Q, line 1b

KIA

Your social security number

( ) 31

30 Add columns (h) and (k) of line 29a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

31 Add columns (g), (i), and (j) of line 29b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36 Add columns (c) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

41 Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Schedule 1 (Form 1040 or 1040-SR), line 5, or Form 1040-NR, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part III

b Totals

B C

Schedule E (Form 1040 or 1040-SR) 2019

Page 2

27 Are you reporting any loss not allowed in a prior year due to the at-risk or basis limitations, a prior year unallowed loss from a passive activity (if that loss was not reported on Form 8582), or unreimbursed partnership expenses? If you answered “Yes,”

Yes Nosee instructions before completing this section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Caution: The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K-1.

(f) Check if any amount is

not at risk

(e) Check if basis computation

is required

Robert T Smith 461-11-1111

Oaktree P 67-8922222

7,000

7,000 0

0 0 0

7,000

0 0

0 0 0

7,000

$8,160, or (b) your net farm profits

Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits

17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income

9 Subtract line 8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 . . . .

10 Multiply the smaller of line 6 or line 9 by 12.4% (0.124) . . . . . . . . . . . . . . . . . . . . . . . .

5a Enter your church employee income from Form W-2. See instructions for definition of church employee income . . . . . . . . . . . . . . . . . .

b Multiply line 5a by 92.35% (0.9235). If less than $100, enter -0- . . . . . . . . . . . . . . . . . . .

d Add lines 8a, 8b and 8c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule SE (Form 1040 or 1040-SR) 2019

Name of person with self-employment income (as shown on Form 1040, 1040-SR, or 1040-NR) Social security number of person

with self-employment income

Page 2

Section B—Long Schedule SE

5,440

12 Self-employment tax. Add lines 10 and 11. Enter here and on Schedule 2 (Form 1040 or 1040-SR),

line 4, or Form 1040-NR, line 55 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Deduction for one-half of self-employment tax.

KIA

Attachment Sequence No. 17

Note: If your only income subject to self-employment tax is church employee income, see instructions. Also see instructions for the definition of church employee income.

A If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form 4361, but you had $400 or more of other net earnings from self-employment, check here and continue with Part I . . . . . . . . . . . .

1a Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065), box 14, code A. Note: Skip lines 1a and 1b if you use the farm optional method (see instructions) .

2 Net profit or (loss) from Schedule C, line 31; and Schedule K-1 (Form 1065), box 14, code A (other than farming). Ministers and members of religious orders, see instructions for types of income to report on this line. See instructions for other income to report. Note: Skip this line if you use the nonfarm optional method (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Combine lines 1a, 1b, and 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Otherwise, enter amount from line 3 . . . . . . . .

Note: If line 4a is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions.

b If you elect one or both of the optional methods, enter the total of lines 15 and 17 here . . . . . . . . . . . . . . . .

b Unreported tips subject to social security tax (from Form 4137, line 10) .

Self-Employment Tax

c Combine lines 4a and 4b. If less than $400, stop; you do not owe self-employment tax. Exception: If less than $400 and you had church employee income, enter -0- and continue . . . . . . . . . . . . . . . .

11 Multiply line 6 by 2.9% (0.029) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Maximum income for optional methods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16 Subtract line 15 from line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Add lines 4c and 5b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Maximum amount of combined wages and self-employment earnings subject to social security tax or the 6.2% portion of the 7.65% railroad retirement (tier 1) tax for 2019 . . . . . . . . . . . . . . . .

8a Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $132,900 or more, skip lines 8b through 10, and go to line 11 . . . . . . . . . . . . . . . . . . .

132,900

From Sch. F, line 34, and Sch. K-1 (Form 1065), box 14, code A—minus the amount you would have entered on line 1b had you not used the optional method.

From Sch. F, line 9, and Sch. K-1 (Form 1065), box 14, code B. From Sch. C, line 31; and Sch. K-1 (Form 1065), box 14, code A.

From Sch. C, line 7; and Sch. K-1 (Form 1065), box 14, code C.

Part I

Part II Optional Methods To Figure Net Earnings (see instructions)

Schedule SE (Form 1040 or 1040-SR) 2019

c Wages subject to social security tax (from Form 8919, line 10) . . . . . 8c

b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 (Form 1065), box 20, code AH . . 1b ( )

Multiply line 12 by 50% (0.50). Enter the result here and on Schedule 1 (Form 1040 or 1040-SR), line 14, or Form 1040-NR, line 27 . . . . . . . . . . . . . . . 13

Farm Optional Method. You may use this method only if (a) your gross farm income wasn't more than were less than $5,891.

(not less than zero) or $5,440. Also include this amount on line 4b above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

line 16. Also include this amount on line 4b above . . . . . . . . . . . . . . . . . . . . . . . . . . . (not less than zero) or the amount on

of at least $400 in 2 of the prior 3 years. Caution: You may use this method no more than five times.

were less than $5,891

and (b) you had net earnings from self-employmentand also less than 72.189% of your gross nonfarm income,

15 Enter the smaller of: two-thirds (2/3) of gross farm income

Robert T Smith 461-11-1111

90,675

83,738

132,900

2,428

1,214

5,440

c Subtract line 4b from line 4a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Net gain from the disposition of property held for investment . . . . . . . . . .

Investment Interest Expense Deduction

Attach to your tax return.

Form 4952 2019

OMB No.1545-0191

Attachment Sequence No.

Department of the Treasury

Internal Revenue Service (99)

Part I Total Investment Interest Expense

7 Disallowed investment interest expense to be carried forward to 2020. Subtract line 6 from line 3. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Disallowed investment interest expense from 2018 Form 4952, line 7 . . . . . . . . . . . . . . . . . .

Part II Net Investment Income

Part III Investment Interest Expense Deduction

4a Gross income from property held for investment (excluding any net gain from the disposition of property held for investment) . . . . . . . . . . . . . . . . .

e Enter the smaller of line 4d or your net capital gain from the disposition

of property held for investment. See instructions . . . . . . . . . . . . . . . .

f Subtract line 4e from line 4d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Investment expenses (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Net investment income. Subtract line 5 from line 4h. If zero or less, enter -0- . . . . . . . . . . . . .

b Qualified dividends included on line 4a . . . . . . . . . . . . . . . . . . . . .

3 Total investment interest expense. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . .

8 Investment interest expense deduction. Enter the smaller of line 3 or line 6. See instructions . . . .

Name(s) shown on return Identifying number

KIA For Paperwork Reduction Act Notice, see instructions. Form 4952 (2019)

1 Investment interest expense paid or accrued in 2019 (see instructions) . . . . . . . . . . . . . . . . .

g Enter the amount from lines 4b and 4e that you elect to include in investment income. See instructions 4g

h Investment income. Add lines 4c, 4f, and 4g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4h

Go to www.irs.gov/Form4952 for the latest information.

Robert T Smith 461-11-1111

323

60,662

4,582

56,080

323

Form

Department of the Treasury Internal Revenue Service

8995 OMB No. 1545-0123

2019

Qualified Business Income Deduction Simplified Computation

Attach to your tax return.

Go to www.irs.gov/Form8995 for instructions and the latest information. Attachment Sequence No. 55

Name(s) shown on return Your taxpayer identification number

KIA For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8995 (2019)

iii

(a) Trade, business, or aggregation name (b) Taxpayer identification number

2 Total qualified business income or (loss). Combine lines 1i through 1v,

column (c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

( )

Total qualified business income. Combine lines 2 and 3. If zero or less, enter -0-

Qualified business net (loss) carryforward from the prior year . . . . . . . .

Qualified business income component. Multiply line 4 by 20% (0.20) . . . . . . . . . . . . . . . . .

Qualified REIT dividends and publicly traded partnership (PTP) income or (loss) (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Qualified REIT dividends and qualified PTP (loss) carryforward from the prior year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total qualified REIT dividends and PTP income. Combine lines 6 and 7. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

REIT and PTP component. Multiply line 8 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . .

Qualified business income deduction before the income limitation. Add lines 5 and 9 . . . . . . . .

Taxable income before qualified business income deduction . . . . . . . . .

Net capital gain (see instructions) . . . . . . . . . . . . . . . . . . . . . . .

Subtract line 12 from line 11. If zero or less, enter -0- . . . . . . . . . . . .

Income limitation. Multiply line 13 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . . . . .

Qualified business income deduction. Enter the lesser of line 10 or line 14. Also enter this amount on the applicable line of your return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total qualified business (loss) carryforward. Combine lines 2 and 3. If greater than zero, enter -0- .

Total qualified REIT dividends and PTP (loss) carryforward. Combine lines 6 and 7. If greater than zero, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Robert T Smith 461-11-1111

Lisa CPA 461-11-1111 90,675

89,461

17,892

289,160

4,582

284,578

56,916

17,892

Form 8960 Department of the Treasury

Internal Revenue Service

Net Investment Income Tax— Individuals, Estates, and Trusts

OMB No. 1545-2227

Attachment Sequence No.

Your social security number or EIN

72 Name(s) shown on your tax return

KIA For Paperwork Reduction Act Notice, see your tax return instructions. Form 8960 (2019)

Attach to your tax return.

(99)

Part I Investment Income Section 6013(g) election (see instructions)

Section 6013(h) election (see instructions)

Regulations section 1.1411-10(g) election (see instructions)

2 Ordinary dividends (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Annuities (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II Investment Expenses Allocable to Investment Income and Modifications

2019

5a Net gain or loss from disposition of property (see instructions) . . .

c Adjustment from disposition of partnership interest or S corporation stock (see instructions) . . . . . . . . . . . . . . . . . . . . . . .

b Net gain or loss from disposition of property that is not subject to net investment income tax (see instructions) . . . . . . . . . . . .

6 Adjustments to investment income for certain CFCs and PFICs (see instructions) . . . . . . . .

b Deductions for distributions of net investment income and deductions under section 642(c) (see instructions) . . . . . . . . .

Go to www.irs.gov/Form8960 for instructions and the latest information.

Part III Tax Computation 12 Net investment income. Subtract Part II, line 11, from Part I, line 8. Individuals, complete lines

13–17. Estates and trusts, complete lines 18a–21. If zero or less, enter -0- . . . . . . . . . . .

Individuals:

4b b Adjustment for net income or loss derived in the ordinary course of

a non-section 1411 trade or business (see instructions) . . . . . .

c Combine lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a

d Combine lines 5a through 5c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5d 6

77 Other modifications to investment income (see instructions) . . . . . . . . . . . . . . . . . . .

8 Total investment income. Combine lines 1, 2, 3, 4c, 5d, 6, and 7 . . . . . . . . . . . . . . . . 8

9a Investment interest expenses (see instructions) . . . . . . . . . .

b State, local, and foreign income tax (see instructions) . . . . . . .

c Miscellaneous investment expenses (see instructions) . . . . . . .

10 Additional modifications (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11 Total deductions and modifications. Add lines 9d and 10 . . . . . . . . . . . . . . . . . . . . 11

d Add lines 9a, 9b, and 9c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Modified adjusted gross income (see instructions) . . . . . . . . .

14 Threshold based on filing status (see instructions) . . . . . . . . . 14

1515 Subtract line 14 from line 13. If zero or less, enter -0- . . . . . . .

16 Enter the smaller of line 12 or line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

17 Net investment income tax for individuals. Multiply line 16 by 3.8% (0.038). Enter here and include on your tax return (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18a

18b

18c

Estates and Trusts: 18a Net investment income (line 12 above) . . . . . . . . . . . . . . .

c Undistributed net investment income. Subtract line 18b from 18a (see instructions). If zero or less, enter -0- . . . . . . . . . . . . . . .

19c

19a

19b

b Highest tax bracket for estates and trusts for the year (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19a Adjusted gross income (see instructions) . . . . . . . . . . . . . .

c Subtract line 19b from line 19a. If zero or less, enter -0- . . . . . .

21 Net investment income tax for estates and trusts. Multiply line 20 by 3.8% (0.038). Enter here and include on your tax return (see instructions) . . . . . . . . . . . . . . . . . . . . . . . .

20 Enter the smaller of line 18c or line 19c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

4a Rental real estate, royalties, partnerships, S corporations, trusts, etc. (see instructions) . . . . . . . . . . . . . . . . . . . . . . .

1 Taxable interest (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Robert T Smith 461-11-1111

51,715

8,307

7,000

-3,000

64,022

323

2,887

3,210

60,812

310,483

250,000

60,483

2,298

Go to www.irs.gov/Form8582 for instructions and the latest information.

1a Activities with net income (enter the amount from Worksheet 1, column (a)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Combine lines 1a, 1b, and 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Department of the Treasury Internal Revenue Service (99)

Passive Activity Loss Limitations

Attach to Form 1040, Form 1040-SR, or Form 1041.

See separate instructions.

OMB No. 1545-1008

2019 Attachment Sequence No.

Name(s) shown on return Identifying number

Rental Real Estate Activities With Active Participation (For the definition of active participation, see

Special Allowance for Rental Real Estate Activities in the instructions.)

8582Form

KIA For Paperwork Reduction Act Notice, see instructions. Form 8582 (2019)

All Other Passive Activities

6 Enter $150,000. If married filing separately, see instructions . . . .

7 Enter modified adjusted gross income, but not less than zero. See instructions

8 Subtract line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . .

9 Multiply line 8 by 50% (0.50). Do not enter more than $25,000. If married filing separately, see instructions

4 Combine lines 1d, 2c, and 3d. If this line is zero or more, stop here and include this form with your return; all losses are allowed, including any prior year unallowed losses entered on line 1c, 2b, or 3c. Report the losses on the forms and schedules normally used . . . . . . . . . . . . .

5 Enter the smaller of the loss on line 1d or the loss on line 4 . . . . . . . . . . . . . . . . . . .

15 Add the income, if any, on lines 1a and 3a and enter the total . . . . . . . . . . . . . . . . . . .

16 Total losses allowed from all passive activities for 2019. Add lines 10, 14, and 15. See

instructions to find out how to report the losses on your tax return . . . . . . . . . . . . . . . . .

3dd Combine lines 3a, 3b, and 3c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1010 Enter the smaller of line 5 or line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If line 2c is a loss, go to Part III. Otherwise, go to line 15.

(

)

(

)

b Activities with net loss (enter the amount from Worksheet 1, column (b)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3a Activities with net income (enter the amount from Worksheet 3, column (a)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Activities with net loss (enter the amount from Worksheet 3, column (b)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Prior years' unallowed losses (enter the amount from Worksheet 3, column (c)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part I 2019 Passive Activity Loss Caution: Complete Worksheets 1, 2, and 3 before completing Part I.

Part II Special Allowance for Rental Real Estate Activities With Active Participation Note: Enter all numbers in Part II as positive amounts. See instructions for an example.

Part IV Total Losses Allowed

Note: If line 7 is greater than or equal to line 6, skip lines 8 and 9,

enter -0- on line 10. Otherwise, go to line 8.

Commercial Revitalization Deductions From Rental Real Estate Activities

2a Commercial revitalization deductions from Worksheet 2, column (a) . 2a

Part III Special Allowance for Commercial Revitalization Deductions From Rental Real Estate Activities Note: Enter all numbers in Part III as positive amounts. See the example for Part II in the instructions.

11 Enter $25,000 reduced by the amount, if any, on line 10. If married filing separately, see instructions

12 Enter the loss from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Reduce line 12 by the amount on line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Enter the smallest of line 2c (treated as a positive amount), line 11, or line 13 . . . . . . . . . .

Caution: If your filing status is married filing separately and you lived with your spouse at any time during the year, do not complete Part II or Part III. Instead, go to line 15.

If line 4 is a loss and: Line 1d is a loss, go to Part II.

Line 2c is a loss (and line 1d is zero or more), skip Part II and go to Part III.

Line 3d is a loss (and lines 1d and 2c are zero or more), skip Parts II and III and go to line 15.

( )

c Prior years' unallowed losses (enter the amount from Worksheet 1, column (c)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Prior year unallowed commercial revitalization deductions from Worksheet 2, column (b) . . . . . . . . . . . . . . . . . . . . . . .

c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2b ( )

2c ( )

Robert T Smith 461-11-1111

7,000

Caution: The worksheets must be filed with your tax return. Keep a copy for your records.

Worksheet 1—For Form 8582, Lines 1a, 1b, and 1c (see instructions)

Name of activity

Current year Prior years Overall gain or loss

(a) Net income (line 1a)

(b) Net loss (line 1b)

(d) Gain (e) Loss

Total. Enter on Form 8582, lines 1a, 1b, and 1c . . . . . . . . . . . . . . . . .

Worksheet 2—For Form 8582, Lines 2a and 2b (see instructions) (a) Current year

deductions (line 2a) (c) Overall loss

Total. Enter on Form 8582, lines 2a and 2b . . . . . . . . . . . . . . . . . . .

Worksheet 3—For Form 8582, Lines 3a, 3b, and 3c (see instructions)

Name of activity

Current year Prior years Overall gain or loss

(a) Net income (line 3a)

(b) Net loss (line 3b)

(d) Gain (e) Loss

Total. Enter on Form 8582, lines 3a, 3b, and 3c . . . . . . . . . . . . . . . .

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Name of activity

Form or schedule and line number to be reported on (see instructions)

(a) Loss (b) Ratio (c) Special allowance

(d) Subtract column (c) from

column (a)

Worksheet 4—Use This Worksheet if an Amount Is Shown on Form 8582, Line 10 or 14. See instructions.

1.00

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Name of activity

Form or schedule and line number to be reported on (see instructions)

(a) Loss (b) Ratio

Worksheet 5—Allocation of Unallowed Losses (see instructions)

1.00

Form 8582 (2019)

Page 2Form 8582 (2019)

Name of activity

KIA

(b) Prior year unallowed deductions (line 2b)

Robert T Smith 461-11-1111

0 0

Oaktree 7,000 0 0 7,000 0

7,000 0 0

21 Listed property. Enter amount from line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) Month and year placed in service

25 yrs.

Depreciation and Amortization 4562 2019Form

Department of the Treasury Internal Revenue Service

OMB No. 1545-0172

Attachment Sequence No. 179

Identifying numberName(s) shown on return Business or activity to which this form relates

Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I.

1 Maximum amount (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . . . . . . . . . . . .

(a) Description of property (b) Cost (business use only) (c) Elected cost

Note: Don't use Part II or Part III below for listed property. Instead, use Part V.

(a) Classification of property (c) Basis for depreciation (business/investment use

only—see instructions)

(d) Recovery period

(e) Convention (f) Method

Section B—Assets Placed in Service During 2019 Tax Year Using the General Depreciation System

20a Class life 12 yrs.

Section C—Assets Placed in Service During 2019 Tax Year Using the Alternative Depreciation System

Summary (See instructions.)

KIA For Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2019)

Section A

18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 . . . .

23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs . . . . . . . . . . . . . . . . .

19a 3-year property

b 5-year property

c 7-year property

d 10-year property

e 15-year property

f 20-year property

g 25-year property

h Residential rental property

i Nonresidential real property

12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 . . . . . . . . . . .

10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 . . . . . . . . . . . . . . . . . .

9 Tentative deduction. Enter the smaller of line 5 or line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . .

d 40-year

b 12-year

Part I

Part III MACRS Depreciation (Don't include listed property. See instructions.)

Part IV

2 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . . . . . . . . . .

3 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . . . . . .

4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . . .

5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations—see instructions . . . .

11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions

(Including Information on Listed Property)

27.5 yrs.

39 yrs.

27.5 yrs. MM

S/L

40 yrs.

17 MACRS deductions for assets placed in service in tax years beginning before 2019 . . . . . . . . . . . . 17

Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.)

16 Other depreciation (including ACRS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Property subject to section 168(f)(1) election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

(99)

Attach to your tax return.

c 30-year 30 yrs. MM S/L

S/L

Go to www.irs.gov/Form4562 for instructions and the latest information.

7 Listed property. Enter the amount from line 29 . . . . . . . . . . . . . . . . . .

(g) Depreciation deduction

S/L

Robert T Smith 461-11-1111SCH C 1

1,020,000

2,550,000

1,020,000

5,000

1,020,000

5,000

44 Total. Add amounts in column (f). See the instructions for where to report . . . . . . . . . . . . . . . .

Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. See instructions.

Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment, recreation, or amusement.)

(a) Type of property (list

vehicles first)

(b) Date placed in service

investment use percentage

(d) Cost or other basis

(e) Basis for depreciation (business/investment

use only)

(f) Recovery

period

(g) Method/

Convention

(h) Depreciation

deduction

(i) Elected section 179

cost

(a) Vehicle 1

(a) Description of costs

(b) Date amortization

begins

(d) Code section

(e) Amortization

period or percentage

(f) Amortization for this year

Form 4562 (2019) Page 2

Section A—Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)

24a Do you have evidence to support the business/investment use claimed? Yes No Yes No24b If "Yes," is the evidence written?

26 Property used more than 50% in a qualified business use:

28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 . . . . . . .

S/L –

Section B—Information on Use of Vehicles

Complete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles

to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.

Yes No

30 Total business/investment miles driven during

the year (don't include commuting miles) .

32 Total other personal (noncommuting) miles driven . . . . . . . . . . . . . . . . .

34 Was the vehicle available for personal use during off-duty hours? . . . . . . . . .

35 Was the vehicle used primarily by a more than 5% owner or related person? . . . . .

36 Is another vehicle available for personal use?

42 Amortization of costs that begins during your 2019 tax year (see instructions):

37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your employees? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amortization

27 Property used 50% or less in a qualified business use:

KIA

(b) Vehicle 2

(d) Vehicle 4

(f) Vehicle 6

(e) Vehicle 5

Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.

29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 . . . . . . . . . . . . . . . . . . . . . . .

31 Total commuting miles driven during the year

33 Total miles driven during the year. Add lines 30 through 32 . . . . . . . . . . . . .

41 Do you meet the requirements concerning qualified automobile demonstration use? See instructions. . . . . . . Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles.

40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

39 Do you treat all use of vehicles by employees as personal use? . . . . . . . . . . . . . . . . . . . . . . . . . .

38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your

employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners . . . . . . . . . . .

Part V

Part VI

Form 4562 (2019)

43 Amortization of costs that began before your 2019 tax year . . . . . . . . . . . . . . . . . . . . . . .

Section C—Questions for Employers Who Provide Vehicles for Use by Their Employees

25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use. See instructions . . . . . . . 25

NoYes NoYesYes No NoYesYes No

Robert T Smith 461-11-1111

X X

Acura 06/07/16 60

computer 01/01/19 100 5,000 0 5.00 200DB HY 0 5,000

5,000

15,000

5,000

25,000 0 0 0 0 0