Directions
To complete this tax return you required to prepare the tax return using tax software.
Prepare a tax return from:
South-Western Federal Taxation 2015
Chapter 10, Tax Return Problem 1, ROCK the Ages, LLC
\textbullet Page 10-56 & 10-57
Forms to be turned in:
\textbullet Form 1065: 3 pages
\textbullet Form 4562: 1 page
\textbullet Schedule D: 1 page
\textbullet Form 8949: 2 pages
\textbullet Schedule K-1: 1 page (For Ryan Ross only)
Any other schedules/forms generated do not need to be turned in.
Check figures:
Total deductions (line 21)
Ordinary business Income (line 22)
3,820,800
979,200
