Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| General explanation attachment | SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION TO ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE YEAR. UNDER IRC SECTION 172(B)(3), THE TAXPAYER ELECTS TO RELINQUISH THE ENTIRE CARRYBACK PERIOD WITH RESPECT TO ANY REGULAR TAX AND AMT NET OPERATING LOSS INCURRED DURING THE CURRENT YEAR. TAX YEAR ADJ TO NOL NOL UTILIZED C/O TO CURRENT YR INCOME OFFSET NEXT YR C/O 12/31/12 267 12/31/13 50612/31/14 - 812/31/15 -1,720 378 1,342 1342 12/31/16 386 -386 12/31/17 -7143 12/31/18 -2484 12/31/19 3063 -3063 CURRENT YR 3776 -3776 4130 NOL C/O AVAILABLE TO NEXT |
| Description of other revenue Part I line 8 | DESCRIPTION AMOUNTOTHER REVENUE 8,612RETURNS AND ALLOWANCES (2,250) |
| Description of other expenses Part I line 16 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 4,520INSURANCE 8,849REPAIRS 13,695LICENSES, PERMITS, FEES 390PEST CONTROL 275BANK CHARGES 11OFFICE EXPENSE 233SUPPLIES 2,104SWIM TEAM 1,000GROUNDS 4,465INTEREST EXPENSE 3,199POSTAGE 189RENTS 168PAYROLL TAXES 3,552OTHER TAXES 5,580TELEPHONE 1,457UTILITIES 11,578WASTE DISPOSAL 930MISC 83SNACK EXPENSE 3,936RENTAL HOUSE INSURANCE 909RENTAL HOUSE PEST CONTROL 255RENTAL HOUSE PROPERTY TAXES 1,105 |
| Description of total liabilities Part II line 26 | CATEGORY BEGINNING OF YEAR END OF YEARSECURITY DEPOSIT - RENTAL 500 500MORTGAGE AND NOTES PAYABLE 50,000 45,351 |
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