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 1,278SNACK SALES 17,761 |
| Description of other expenses Part I line 16 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 5,952INSURANCE 8,823REPAIRS 26,009LICENSES, PERMITS, FEES 390PEST CONTROL 746BANK CHARGES 68MEALS & ENTERTAINMENT 436OFFICE EXPENSE 137SUPPLIES 10,424GROUNDS 4,370INTEREST EXPENSE 2,234POSTAGE 354RENTS 451PAYROLL TAXES 3,189OTHER TAXES 5,896TELEPHONE 1,453UTILITIES 10,999WASTE DISPOSAL 1,140COMPUTER EXPENSE 336DUES AND SUBSCIPTIONS 59DEPRECIATION RENTAL HOUSE 1,755SNACK EXPENSE 8,658RENTAL HOUSE INSURANCE 1,169RENTAL HOUSE PEST CONTROL 255RENTAL HOUSE PROPERTY TAXES 1,105SPECIAL EVENT EXPENSE 2,964 |
| Description of total liabilities Part II line 26 | CATEGORY BEGINNING OF YEAR END OF YEARSECURITY DEPOSIT - RENTAL 500 500MORTGAGE AND NOTES PAYABLE 40,024 34,575 |
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