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The document is a Schedule C form for reporting profit or loss from a sole proprietorship business for the year 2022, specifically for Caitlyn Nguyen, an engineer. It details business income, expenses, and net profit or loss, indicating a total gross income of $65,328.40 and total expenses resulting in a tentative profit of $0.00. The form also includes sections for cost of goods sold, vehicle information, and other business expenses.

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Jose Pato
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0% found this document useful (0 votes)
24 views6 pages

Clientcopy 2

The document is a Schedule C form for reporting profit or loss from a sole proprietorship business for the year 2022, specifically for Caitlyn Nguyen, an engineer. It details business income, expenses, and net profit or loss, indicating a total gross income of $65,328.40 and total expenses resulting in a tentative profit of $0.00. The form also includes sections for cost of goods sold, vehicle information, and other business expenses.

Uploaded by

Jose Pato
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SCHEDULE C Profit or Loss From Business OMB No.

1545-0074
(Form 1040)
Department of the Treasury
(Sole Proprietorship)
Go to www.irs.gov/ScheduleC for instructions and the latest information. 2022
Attachment
Internal Revenue Service Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships must generally file Form 1065. Sequence No. 09
Name of proprietor Social security number (SSN)
Caitlyn Nguyen 185676621
A Principal business or profession, including product or service (see instructions) B Enter code from instructions
Engineer, maintenance (IT)
C Business name. If no separate business name, leave blank. D Employer ID number (EIN) (see instr.)
WILLIAMS-CHRISTENSEN 8 1 - 3 7 3 8 5 6
E Business address (including suite or room no.)
6021 Yarrow Street
Arvada, CO 80004

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


F Accounting method: (1) ✔ Cash (2) Accrual (3) Other (specify)
G Did you “materially participate” in the operation of this business during 2022? If “No,” see instructions for limit on losses . Yes No
H If you started or acquired this business during 2022, check here . . . . . . . . . . . . . . . . . .
I Did you make any payments in 2022 that would require you to file Form(s) 1099? See instructions . . . . . . . . Yes No
J If “Yes,” did you or will you file required Form(s) 1099? . . . . . . . . . . . . . . . . . . . . . Yes No
Part I Income
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 . . . . . . . . . ✔ 1 74949.84
2 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . 2 35364.14
3 Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . 4
5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . 5
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . 6 $84266.92
7 Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . 7 $65328.4
Part II Expenses. Enter expenses for business use of your home only on line 30.
8 Advertising . . . . . 8 46461.04 18 Office expense (see instructions) . 18 0.00
9 Car and truck expenses 19 Pension and profit-sharing plans . 19
(see instructions) . . . 9 20 Rent or lease (see instructions):
10 Commissions and fees . 10 a Vehicles, machinery, and equipment 20a
11 Contract labor (see instructions) 11 b Other business property . . . 20b $45659
12 Depletion . . . . . 12 21 Repairs and maintenance . . . 21 27113.4
13 Depreciation and section 179 22 Supplies (not included in Part III) . 22 $0.00
expense deduction (not
included in Part III) (see 23 Taxes and licenses . . . . . 23
instructions) . . . . 13 $0.00 24 Travel and meals:
14 Employee benefit programs a Travel . . . . . . . . . 24a
(other than on line 19) . 14 58701 b Deductible meals (see
15 Insurance (other than health) 15 instructions) . . . . . . . 24b
16 Interest (see instructions): 25 Utilities . . . . . . . . 25
a Mortgage (paid to banks, etc.) 16a 26 Wages (less employment credits) 26
b Other . . . . . . 16b 0.00 27a Other expenses (from line 48) . . 27a $15861.2
17 Legal and professional services 17 b Reserved for future use . . . 27b 27601.3
28 Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . . . 28
29 Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . . 29 0.00
30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829
unless using the simplified method. See instructions.
Simplified method filers only: Enter the total square footage of (a) your home: $0
and (b) the part of your home used for business: . Use the Simplified
Method Worksheet in the instructions to figure the amount to enter on line 30 . . . . . . . . . 30 59497.9

}
31 Net profit or (loss). Subtract line 30 from line 29.
• If a profit, enter on both Schedule 1 (Form 1040), line 3, 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. 31 $0
• If a loss, you must go to line 32.

}
32 If you have a loss, check the box that describes your investment in this activity. See instructions.

• If you checked 32a, enter the loss on both Schedule 1 (Form 1040), line 3, and on Schedule
SE, line 2. (If you checked the box on line 1, see the line 31 instructions.) Estates and trusts, enter on 32a All investment is at risk.
Form 1041, line 3. 32b Some investment is not
• If you checked 32b, you must attach Form 6198. Your loss may be limited. at risk.
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11334P Schedule C (Form 1040) 2022
Schedule C (Form 1040) 2022 Page 2
Part III Cost of Goods Sold (see instructions)

33 Method(s) used to
value closing inventory: a Cost b ✔ Lower of cost or market c ✔ Other (attach explanation)
34 Was there any change in determining quantities, costs, or valuations between opening and closing inventory?
If “Yes,” attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

35 Inventory at beginning of year. If different from last year’s closing inventory, attach explanation . . . 35 38093.2

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

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

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

39 Other costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 81194.73

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

41 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . 41 $6623

42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . . . . . . 42 $31696.03
Part IV 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.

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

44 Of the total number of miles you drove your vehicle during 2022, enter the number of miles you used your vehicle for:

a Business 7914 b Commuting (see instructions) c Other 8489

45 Was your vehicle available for personal use during off-duty hours? . . . . . . . . . . . . . . . Yes No

46 Do you (or your spouse) have another vehicle available for personal use?. . . . . . . . . . . . . . Yes No

47a Do you have evidence to support your deduction? . . . . . . . . . . . . . . . . . . . . Yes No

b If “Yes,” is the evidence written? . . . . . . . . . . . . . . . . . . . . . . . . . Yes No


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

Groceries 19801.8

Utilities

Dining

Healthcare 0.0

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


Schedule C (Form 1040) 2022
1040 U.S. Individual Income Tax Return 2022
Department of the Treasury—Internal Revenue Service
Form

OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space.

Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH)
Qualifying surviving
Check only spouse (QSS)
one box. If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child’s name if the qualifying
person is a child but not your dependent:
Your first name and middle initial Last name Your social security number
Caitlyn Nguyen 1 8 5 6 7 6 6 2 1
If joint return, spouse’s first name and middle initial Last name Spouse’s social security number

Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign
1643 Oxford Street Check here if you, or your
spouse if filing jointly, want $3
City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code
to go to this fund. Checking a
Berkeley CA 94709 box below will not change
Foreign country name Foreign province/state/county Foreign postal code your tax or refund.
You Spouse

Digital At any time during 2022, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell,
Assets exchange, gift, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.) Yes No
Standard Someone can claim: You as a dependent Your spouse as a dependent
Deduction Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness You: Were born before January 2, 1958 Are blind Spouse: Was born before January 2, 1958 Is blind
Dependents (see instructions): (2) Social security (3) Relationship (4) Check the box if qualifies for (see instructions):
(1) First name Last name number to you Child tax credit Credit for other dependents
If more
than four Julia Brown 0 2 5 7 2 0 8 5 9 Daughter
dependents,
see instructions
and check
here . .
1a Total amount from Form(s) W-2, box 1 (see instructions) . . . . . . . . . . . . . 1a $14,628.31
Income
b Household employee wages not reported on Form(s) W-2 . . . . . . . . . . . . . 1b 61133.9
Attach Form(s) c Tip income not reported on line 1a (see instructions) . . . . . . . . . . . . . . 1c 90251.72
W-2 here. Also
attach Forms d Medicaid waiver payments not reported on Form(s) W-2 (see instructions) . . . . . . . . 1d $6162
W-2G and e Taxable dependent care benefits from Form 2441, line 26 . . . . . . . . . . . . 1e 6927.57
1099-R if tax
was withheld. f Employer-provided adoption benefits from Form 8839, line 29 . . . . . . . . . . . 1f $42672.0
g Wages from Form 8919, line 6 . . . . . . . . . . . . . . . . . . . . . 1g $98468.6
If you did not
get a Form h Other earned income (see instructions) . . . . . . . . . . . . . . . . . . 1h $27272.41
W-2, see
instructions.
i Nontaxable combat pay election (see instructions) . . . . . . . 1i 51573.31
z Add lines 1a through 1h . . . . . . . .. . . . . . . . . . . . . . 1z 0.00
Attach Sch. B 2a Tax-exempt interest . . . 2a 0.0 b Taxable interest . . . . . 2b 0.00
if required. 3a Qualified dividends . . . 3a $0.00 b Ordinary dividends . . . . . 3b $42501
4a IRA distributions . . . . 4a $90433.64 b Taxable amount . . . . . . 4b $72189.0
Standard 5a Pensions and annuities . . 5a 53481 b Taxable amount . . . . . . 5b $48154.24
Deduction for—
6a Social security benefits . . 6a 0 b Taxable amount . . . . . . 6b 0.0
• Single or
Married filing c If you elect to use the lump-sum election method, check here (see instructions) . . . . .
separately,
$12,950 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . 7 31212.49
• Married filing 8 Other income from Schedule 1, line 10 . . . . . . . . . . . . . . . . . . 8 91478.2
jointly or
Qualifying 9 Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . . . . . . . . . . 9 32654.32
surviving spouse,
$25,900
10 Adjustments to income from Schedule 1, line 26 . . . . . . . . . . . . . . . 10 88416.1
• Head of 11 Subtract line 10 from line 9. This is your adjusted gross income . . . . . . . . . . 11 0
household, $74667.7
$19,400 12 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . 12
• If you checked 13 Qualified business income deduction from Form 8995 or Form 8995-A . . . . . . . . . 13 82069.84
any box under
Standard 14 Add lines 12 and 13 . . . . . . . . . . . . . . . . . . . . . . . . 14 91791.8
Deduction, 15 Subtract line 14 from line 11. If zero or less, enter -0-. This is your taxable income . . . . . $0.00
see instructions.
15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2022)
Form 1040 (2022) Page 2

Tax and 16 Tax (see instructions). Check if any from Form(s): 1 8814 2 4972 3 $0 . . 16 $45583.4
Credits 17 Amount from Schedule 2, line 3 . . . . . . . . . . . . . . . . . . . . 17 $60389.3
18 Add lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . . . 18 46417.5
19 Child tax credit or credit for other dependents from Schedule 8812 . . . . . . . . . . 19 96047.3
20 Amount from Schedule 3, line 8 . . . . . . . . . . . . . . . . . . . . 20 60089.73
21 Add lines 19 and 20 . . . . . . . . . . . . . . . . . . . . . . . . 21 15197
22 Subtract line 21 from line 18. If zero or less, enter -0- . . . . . . . . . . . . . . 22 72332
23 Other taxes, including self-employment tax, from Schedule 2, line 21 . . . . . . . . . 23 $0.00
24 Add lines 22 and 23. This is your total tax . . . . . . . . . . . . . . . . . 24 $48690.45
Payments 25 Federal income tax withheld from:
a Form(s) W-2 . . . . . . . . . . . . . . . . . . 25a $8235
b Form(s) 1099 . . . . . . . . . . . . . . . . . . 25b 51198.3
c Other forms (see instructions) . . . . . . . . . . . . . 25c 15901.38
d Add lines 25a through 25c . . . . . . . . . . . . . . . . . . . . . . 25d $16166
26 2022 estimated tax payments and amount applied from 2021 return . . . . . . . . . . 26 $0.0
If you have a
qualifying child, 27 Earned income credit (EIC) . . . . . . . . . . . . . . 27 36755.4
attach Sch. EIC.
28 Additional child tax credit from Schedule 8812 . . . . . . . . 28 $90453.36
29 American opportunity credit from Form 8863, line 8 . . . . . . . 29 $83960.2
30 Reserved for future use . . . . . . . . . . . . . . . 30 $7836.4
31 Amount from Schedule 3, line 15 . . . . . . . . . . . . 31 $11411.43
32 Add lines 27, 28, 29, and 31. These are your total other payments and refundable credits . . 32 0.0
33 Add lines 25d, 26, and 32. These are your total payments . . . . . . . . . . . . 33 0.00
34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid . . 34 $70960
Refund
35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here . . . . 35a 36364.6
Direct deposit? b Routing number 0 7 6 5 6 3 0 7 6 c Type: Checking Savings
See instructions.
d Account number 0 1 0 1 9 2 2 4 1
36 Amount of line 34 you want applied to your 2023 estimated tax . . . 36 $96032.00
Amount 37 Subtract line 33 from line 24. This is the amount you owe.
You Owe For details on how to pay, go to www.irs.gov/Payments or see instructions . . . . . . . . 37 $0.0
38 Estimated tax penalty (see instructions) . . . . . . . . . . 38 22369.0
Third Party Do you want to allow another person to discuss this return with the IRS? See
Designee instructions . . . . . . . . . . . . . . . . . . . . . Yes. Complete below. No
Designee’s Sonya Davis Phone Personal identification
name no. number (PIN)

Sign 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.
Here Your signature Date Your occupation If the IRS sent you an Identity
Protection PIN, enter it here
Joint return? (see inst.)
See instructions. Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent your spouse an
Keep a copy for Identity Protection PIN, enter it here
your records. (see inst.)

Phone no. Email address


Preparer’s name Preparer’s signature Date PTIN Check if:
Paid Gregory Hughes Self-employed
Preparer
Firm’s name Joseph Evans Phone no.
Use Only
Firm’s address 415 West 42nd Street, Savannah, GA, 31401 Firm’s EIN
Go to www.irs.gov/Form1040 for instructions and the latest information. Form 1040 (2022)
SCHEDULE E Supplemental Income and Loss OMB No. 1545-0074

2022
(Form 1040) (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)
Department of the Treasury Attach to Form 1040, 1040-SR, 1040-NR, or 1041.
Attachment
Internal Revenue Service Go to www.irs.gov/ScheduleE for instructions and the latest information. Sequence No. 13
Name(s) shown on return Your social security number
Caitlyn Nguyen 185676621
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.
A Did you make any payments in 2022 that would require you to file Form(s) 1099? See instructions . . . . . ✔ Yes No
B If “Yes,” did you or will you file required Form(s) 1099? . . . . . . . . . . . . . . . . . . Yes No
1a Physical address of each property (street, city, state, ZIP code)
A
122 40th Avenue North
Nashville, TN 37209

B
2815 Saint Edwards Drive
Nashville, TN 37211

C
310 12th Avenue
Santa Cruz, CA 95062

1b Type of Property 2 For each rental real estate property listed Fair Rental Personal Use QJV
(from list below) above, report the number of fair rental and Days Days
A 8 personal use days. Check the QJV box only A 318 42
B if you meet the requirements to file as a
5 B 13 347
qualified joint venture. See instructions.
C 4 C 121 239
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)
Properties:
Income: A B C
3 Rents received . . . . . . . . . . . . . . . 3 87679 0.0
4 Royalties received . . . . . . . . . . . . . . 4 42809.28 5088.7 0.00
Expenses:
5 Advertising . . . . . . . . . . . . . . . . 5 $48720.78 $34269 43233.9
6 Auto and travel (see instructions) . . . . . . . . 6
7 Cleaning and maintenance . . . . . . . . . . . 7 31359.2 $23410.4
8 Commissions . . . . . . . . . . . . . . . 8 0
9 Insurance . . . . . . . . . . . . . . . . . 9 83148.33
10 Legal and other professional fees . . . . . . . . 10 $96847.4
11 Management fees . . . . . . . . . . . . . . 11 $24490 92575.5
12 Mortgage interest paid to banks, etc. (see instructions) 12 $76110.8
13 Other interest . . . . . . . . . . . . . . . 13 $14462.74
14 Repairs . . . . . . . . . . . . . . . . . . 14 81958.68 0
15 Supplies . . . . . . . . . . . . . . . . . 15 95962.4
16 Taxes . . . . . . . . . . . . . . . . . . 16 $0 $0
17 Utilities . . . . . . . . . . . . . . . . . . 17 $29721.2 $27024 $50897.1
18 Depreciation expense or depletion . . . . . . . . 18 $75846
19 Other (list) 19 $0.00 66341.29
20 Total expenses. Add lines 5 through 19 . . . . . . 20 $30969
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 . . . . . . . . . . . . . . . 21 38024.64 $25607.7 18011.3
22 Deductible rental real estate loss after limitation, if any,
on Form 8582 (see instructions) . . . . . . . . . 22 ( 52745 ) ( $48547.0 ) ( )
23a Total of all amounts reported on line 3 for all rental properties . . . . . 23a 34061.91
b Total of all amounts reported on line 4 for all royalty properties . . . . . 23b
c Total of all amounts reported on line 12 for all properties . . . . . . . 23c
d Total of all amounts reported on line 18 for all properties . . . . . . . 23d
e Total of all amounts reported on line 20 for all properties . . . . . . . 23e
24 Income. Add positive amounts shown on line 21. Do not include any losses . . . . . . . 24 61878
25 Losses. Add royalty losses from line 21 and rental real estate losses from line 22. Enter total losses here 25 ( )
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), line 5. Otherwise, include this amount in the total on line 41 on page 2 . 26 $9528.33
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11344L Schedule E (Form 1040) 2022
Schedule E (Form 1040) 2022 Attachment Sequence No. 13 Page 2
Name(s) shown on return. Do not enter name and social security number if shown on other side. Your social security number
88295 3774
Caution: The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K-1.
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.
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,”
see instructions before completing this section . . . . . . . . . . . . . . . . . . . . . Yes No
28 (b) Enter P for (c) Check if (e) Check if (f) Check if
(a) Name (d) Employer
partnership; S foreign basis computation any amount is
identification number
for S corporation partnership is required not at risk
A $77114.61 ✔ $0 ✔

B $ $48878.0
C 8
D $46766.73
Passive Income and Loss Nonpassive Income and Loss
(g) Passive loss allowed (h) Passive income (i) Nonpassive loss allowed (j) Section 179 expense (k) Nonpassive income
(attach Form 8582 if required) from Schedule K-1 (see Schedule K-1) deduction from Form 4562 from Schedule K-1
A $94335.3 20685.4
B 76062.7 0.00
C $0.0 $95846 $93686 $0.0
D 78579.5 $90104.5 $94901.6
29a Totals 0
b Totals 18200 $3935
30 Add columns (h) and (k) of line 29a . . . . . . . . . . . . . . . . . . . . . 30 $59228.45
31 Add columns (g), (i), and (j) of line 29b. . . . . . . . . . . . . . . . . . . . . 31 ( )
32 Total partnership and S corporation income or (loss). Combine lines 30 and 31 . . . . . 32 $0.00
Part III Income or Loss From Estates and Trusts
33 (b) Employer
(a) Name
identification number
A 29890
B $21092 31570.22
Passive Income and Loss Nonpassive Income and Loss
(c) Passive deduction or loss allowed (d) Passive income (e) Deduction or loss (f) Other income from
(attach Form 8582 if required) from Schedule K-1 from Schedule K-1 Schedule K-1
A $13619
B 70936.2 $22218.6
34a Totals $72498.60 $17263
b Totals 80258 $85727 0.00
35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . . . . . . 35
36 Add columns (c) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . . 36 ( $18674.25 )
37 Total estate and trust income or (loss). Combine lines 35 and 36 . . . . . . . . . . . 37
Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs)—Residual Holder
38 (a) Name (b) Employer (c) Excess inclusion from (d) Taxable income (e) Income from
Schedules Q, line 2c (net loss) from
identification number (see instructions) Schedules Q, line 1b Schedules Q, line 3b
99381.5 $0 85969.92 $77808.34 $82689
39 Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below . 39
Part V Summary
40 Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . . 40 0.00
41 Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Schedule
1 (Form 1040), line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . 41 53842.7
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
AD; and Schedule K-1 (Form 1041), box 14, code F. See instructions . 42 0
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 . . . . . . . . . . . . 43
Schedule E (Form 1040) 2022

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