Prentice Halls Federal Taxation 2015 Individuals 28Th Edition Pope Solutions Manual Full Chapter PDF

Prentice Halls Federal Taxation 2015
Individuals 28th Edition Pope Solutions

Manual
Visit to download the full and correct content document: https://testbankdeal.com/dow
nload/prentice-halls-federal-taxation-2015-individuals-28th-edition-pope-solutions-ma
nual/
I:6-61
1040 Department of the Treasury—Internal Revenue Service (99)

2013
Form
U.S. Individual Income Tax Return OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space.
For the year Jan. 1–Dec. 31, 2013, or other tax year beginning , 2013, ending , 20 See separate instructions.
Your first name and initial Last name Your social security number
Dave Stevens 1 1 1 1 1 1 1 1 1
If a joint return, spouse’s first name and initial Last name Spouse’s social security number
Sarah Stevens 222 2 2 2 2 2 2

Home address (number and street). If you have a P.O. box, see instructions. Apt. no.
▲ Make sure the SSN(s) above
12637 Pheasant Run and on line 6c are correct.
City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign
West Bend, OR 74658 Check here if you, or your spouse if filing
jointly, want $3 to go to this fund. Checking
Foreign country name Foreign province/state/county Foreign postal code
a box below will not change your tax or
refund. You Spouse
1 Single 4 Head of household (with qualifying person). (See instructions.) If

Filing Status
2 ✓ Married filing jointly (even if only one had income) the qualifying person is a child but not your dependent, enter this
Check only one 3 Married filing separately. Enter spouse’s SSN above child’s name here. ▶
box. and full name here. ▶ 5 Qualifying widow(er) with dependent child
Exemptions 6a
b
✓ Yourself. If someone can claim you as a dependent, do not check box 6a .
✓ Spouse . . . . . . . . . . . . . . . . . . . .
.
.
.
.
.
.
.
.
} Boxes checked
on 6a and 6b
No. of children
2
(4) ✓ if child under age 17 on 6c who:
c Dependents: (2) Dependent’s
social security number
(3) Dependent’s
relationship to you qualifying for child tax credit • lived with you 3
(1) First name Last name (see instructions) • did not live with
Andrew Stevens 3 3 3 3 3 3 3 3 3 son ✓ you due to divorce
or separation
If more than four
Isaac Stevens 4 4 4 4 4 4 4 4 4 son ✓ (see instructions)
dependents, see
instructions and Mira Stevens 5 5 5 5 5 5 5 5 5 daughter ✓ Dependents on 6c
not entered above
check here ▶
d Total number of exemptions claimed . . . . . . . . . . . . . . . . .
Add numbers on
lines above ▶
5
Income 7 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . 7 32,000
8a Taxable interest. Attach Schedule B if required . . . . . . . . . . . . 8a 3,200
b Tax-exempt interest. Do not include on line 8a . . . 8b
Attach Form(s)
9a Ordinary dividends. Attach Schedule B if required . . . . . . . . . . . 9a
W-2 here. Also
attach Forms b Qualified dividends . . . . . . . . . . . 9b
W-2G and 10 Taxable refunds, credits, or offsets of state and local income taxes . . . . . . 10
1099-R if tax 11 Alimony received . . . . . . . . . . . . . . . . . . . . . 11
was withheld.
12 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . 12 147,345
13 Capital gain or (loss). Attach Schedule D if required. If not required, check here ▶ 13
If you did not 14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . 14
get a W-2,
see instructions. 15a IRA distributions . 15a b Taxable amount . . . 15b
16a Pensions and annuities 16a b Taxable amount . . . 16b
17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 17
18 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . 18
19 Unemployment compensation . . . . . . . . . . . . . . . . . 19
20a Social security benefits 20a b Taxable amount . . . 20b
21 Other income. List type and amount 21
22 Combine the amounts in the far right column for lines 7 through 21. This is your total income ▶ 22 182,545
23 Educator expenses . . . . . . . . . . 23
Adjusted 24 Certain business expenses of reservists, performing artists, and
Gross fee-basis government officials. Attach Form 2106 or 2106-EZ 24
Income 25 Health savings account deduction. Attach Form 8889 . 25
26 Moving expenses. Attach Form 3903 . . . . . . 26
27 Deductible part of self-employment tax. Attach Schedule SE . 27 9,023
28 Self-employed SEP, SIMPLE, and qualified plans . . 28
29 Self-employed health insurance deduction . . . . 29
30 Penalty on early withdrawal of savings . . . . . . 30
31a Alimony paid b Recipient’s SSN ▶ 31a
32 IRA deduction . . . . . . . . . . . . . 32
33 Student loan interest deduction . . . . . . . . 33
34 Tuition and fees. Attach Form 8917 . . . . . . . 34
35 Domestic production activities deduction. Attach Form 8903 35
36 Add lines 23 through 35 . . . . . . . . . . . . . . . . . . . 36 9,023
37 Subtract line 36 from line 22. This is your adjusted gross income . . . . . ▶ 37 173,522
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2013)
I:TRP-25
Copyright © 2015 Pearson Education, Inc.
I:6-61
Form 1040 (2013) Page 2

38 Amount from line 37 (adjusted gross income) . . . . . . . . . . . . . . 38 173,522
{ }
Tax and
39a Check You were born before January 2, 1949, Blind. Total boxes
Credits
if: Spouse was born before January 2, 1949, Blind. checked ▶ 39a
Standard b If your spouse itemizes on a separate return or you were a dual-status alien, check here ▶ 39b
Deduction
for— 40 Itemized deductions (from Schedule A) or your standard deduction (see left margin) . . 40 26,700
• People who 41 Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . 41 146,822
check any
box on line 42 Exemptions. If line 38 is $150,000 or less, multiply $3,900 by the number on line 6d. Otherwise, see instructions 42 19,500
39a or 39b or
who can be
43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . 43 127,322
claimed as a
dependent,
44 Tax (see instructions). Check if any from: a Form(s) 8814 b Form 4972 c 44 23,688
see 45 Alternative minimum tax (see instructions). Attach Form 6251 . . . . . . . . . 45 0
instructions.
• All others:
46 Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . ▶ 46 23,688
47 Foreign tax credit. Attach Form 1116 if required . . . . 47
Single or
Married filing 48 Credit for child and dependent care expenses. Attach Form 2441 48
separately,
$6,100 49 Education credits from Form 8863, line 19 . . . . . 49
Married filing 50 Retirement savings contributions credit. Attach Form 8880 50
jointly or
Qualifying 51 Child tax credit. Attach Schedule 8812, if required . . . 51
widow(er), 52 Residential energy credits. Attach Form 5695 . . . . 52
$12,200
Head of 53 Other credits from Form: a 3800 b 8801 c 53
household, 54 Add lines 47 through 53. These are your total credits . . . . . . . . . . . . 54
$8,950
55 Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- . . . . . . ▶ 55 23,688
Other 56 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . 56 18,045
57 Unreported social security and Medicare tax from Form: a 4137 b 8919 . . 57
Taxes 58 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . 58
59a Household employment taxes from Schedule H . . . . . . . . . . . . . . 59a
b First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . 59b
60 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 60
61 Add lines 55 through 60. This is your total tax . . . . . . . . . . . . . ▶ 61 41,733
Payments 62 Federal income tax withheld from Forms W-2 and 1099 . . 62 9,600
63 2013 estimated tax payments and amount applied from 2012 return 63 33,000
If you have a 64a Earned income credit (EIC) . . . . . . . . . . 64a
qualifying
child, attach b Nontaxable combat pay election 64b
Schedule EIC. 65 Additional child tax credit. Attach Schedule 8812 . . . . . 65
66 American opportunity credit from Form 8863, line 8 . . . . 66
67 Reserved . . . . . . . . . . . . . . . . 67
68 Amount paid with request for extension to file . . . . . 68
69 Excess social security and tier 1 RRTA tax withheld . . . . 69
70 Credit for federal tax on fuels. Attach Form 4136 . . . . 70
71 Credits from Form: a 2439 b Reserved c 8885 d 71
72 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . . . . . ▶ 72 42,600
Refund 73 If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid 73 867
74a Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . ▶ 74a 867
▶ b Routing number ▶ c Type: Checking Savings
Direct deposit?
See ▶ d Account number
instructions.
75 Amount of line 73 you want applied to your 2014 estimated tax ▶ 75
Amount 76 Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions ▶ 76
You Owe 77 Estimated tax penalty (see instructions) . . . . . . . 77
Do you want to allow another person to discuss this return with the IRS (see instructions)? Yes. Complete below. No
Third Party
Designee Designee’s 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 Daytime phone number
▶
Joint return? See
instructions. Physical therapist
Keep a copy for Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent you an Identity Protection
your records. PIN, enter it
Teacher here (see inst.)
Print/Type preparer’s name Preparer’s signature Date PTIN
Paid Check if
self-employed
Preparer
Firm’s name ▶ Firm's EIN ▶
Use Only
Firm’s address ▶ Phone no.
Form 1040 (2013)
I:TRP-26
I:6-61
SCHEDULE A OMB No. 1545-0074

Itemized Deductions
2013
(Form 1040)
▶ Information about Schedule A and its separate instructions is at www.irs.gov/schedulea.
Department of the Treasury Attachment
Internal Revenue Service (99) ▶ Attach to Form 1040. Sequence No. 07
Name(s) shown on Form 1040 Your social security number
Dave and Sarah Stevens 111-11-1 111

Caution. Do not include expenses reimbursed or paid by others.
Medical 1 Medical and dental expenses (see instructions) . . . . . 1
and 2 Enter amount from Form 1040, line 38 2
Dental 3 Multiply line 2 by 10% (.10). But if either you or your spouse was
Expenses born before January 2, 1949, multiply line 2 by 7.5% (.075) instead 3
4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . . . . . . . 4
Taxes You 5 State and local (check only one box):
Paid a ✓ Income taxes, or
b General sales taxes } . . . . . . . . . . . 5 1,400
6 Real estate taxes (see instructions) . . . . . . . . . 6 2,400
7 Personal property taxes . . . . . . . . . . . . . 7
8 Other taxes. List type and amount ▶
8
9 Add lines 5 through 8 . . . . . . . . . . . . . . . . . . . . . . 9 3,800
Interest 10 Home mortgage interest and points reported to you on Form 1098 10 8,900
You Paid 11 Home mortgage interest not reported to you on Form 1098. If paid
to the person from whom you bought the home, see instructions
Note. and show that person’s name, identifying no., and address ▶
Your mortgage
interest
deduction may 11
be limited (see 12 Points not reported to you on Form 1098. See instructions for
instructions). special rules . . . . . . . . . . . . . . . . . 12
13 Mortgage insurance premiums (see instructions) . . . . . 13
14 Investment interest. Attach Form 4952 if required. (See instructions.) 14
15 Add lines 10 through 14 . . . . . . . . . . . . . . . . . . . . . 15 8,900
Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more,
Charity see instructions . . . . . . . . . . . . . . . . 16 14,000
If you made a 17 Other than by cash or check. If any gift of $250 or more, see
gift and got a instructions. You must attach Form 8283 if over $500 . . . 17
benefit for it, 18 Carryover from prior year . . . . . . . . . . . . 18
see instructions.
Casualty and
Theft Losses 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . . . . 20
Job Expenses 21 Unreimbursed employee expenses—job travel, union dues,
and Certain job education, etc. Attach Form 2106 or 2106-EZ if required.
Miscellaneous (See instructions.) ▶ 21
Deductions 22 Tax preparation fees . . . . . . . . . . . . . 22 80
23 Other expenses—investment, safe deposit box, etc. List type
and amount ▶
23 250
24 Add lines 21 through 23 . . . . . . . . . . . . 24 330
25 Enter amount from Form 1040, line 38 25 173,522
26 Multiply line 25 by 2% (.02) . . . . . . . . . . . 26 3,470
27 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . . . . . . 27 0
Other 28 Other—from list in instructions. List type and amount ▶
Miscellaneous
Deductions 28
Total 29 Is Form 1040, line 38, over $150,000?
}
Itemized No. Your deduction is not limited. Add the amounts in the far right column
Deductions for lines 4 through 28. Also, enter this amount on Form 1040, line 40. . . 29 26,700
Yes. Your deduction may be limited. See the Itemized Deductions
Worksheet in the instructions to figure the amount to enter.
30 If you elect to itemize deductions even though they are less than your standard
deduction, check here . . . . . . . . . . . . . . . . . . . ▶
For Paperwork Reduction Act Notice, see Form 1040 instructions. Cat. No. 17145C Schedule A (Form 1040) 2013
I:TRP-27
I:6-61
SCHEDULE B OMB No. 1545-0074

Interest and Ordinary Dividends
2013
(Form 1040A or 1040)
▶ Attach to Form 1040A or 1040.
Internal Revenue Service (99) ▶ Information about Schedule B (Form 1040A or 1040) and its instructions is at www.irs.gov/scheduleb. Sequence No. 08
Name(s) shown on return Your social security number
Dave and Sarah Stevens 111-11-1111
Part I 1 List name of payer. If any interest is from a seller-financed mortgage and the Amount
buyer used the property as a personal residence, see instructions on back and list
Interest this interest first. Also, show that buyer’s social security number and address ▶
Bank CDs 3,200
(See instructions
on back and the
instructions for
Form 1040A, or
Form 1040, 1
line 8a.)
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
2 Add the amounts on line 1 . . . . . . . . . . . . . . . . . . 2 3,200
the total interest 3 Excludable interest on series EE and I U.S. savings bonds issued after 1989.
shown on that Attach Form 8815 . . . . . . . . . . . . . . . . . . . . . 3
form. 4 Subtract line 3 from line 2. Enter the result here and on Form 1040A, or Form
1040, line 8a . . . . . . . . . . . . . . . . . . . . . . ▶ 4 3,200
Note. If line 4 is over $1,500, you must complete Part III. Amount
Part II 5 List name of payer ▶
Ordinary
Dividends
(See instructions
on back and the
instructions for
Form 1040A, or
Form 1040, 5
line 9a.)
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 6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form
dividends shown
on that form. 1040, line 9a . . . . . . . . . . . . . . . . . . . . . . ▶ 6
Note. If line 6 is over $1,500, you must complete Part III.
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. Yes No
Part III 7a At any time during 2013, 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
Foreign country? See instructions . . . . . . . . . . . . . . . . . . . . . . . . ✓
Accounts If “Yes,” are you required to file FinCEN Form 114, Report of Foreign Bank and Financial
Accounts (FBAR), formerly TD F 90-22.1, to report that financial interest or signature authority?
and Trusts See FinCEN Form 114 and its instructions for filing requirements and exceptions to those
(See requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . .
instructions on b If you are required to file FinCEN Form 114, enter the name of the foreign country where the
back.)
financial account is located ▶
8 During 2013, 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 on back . . . . . . ✓
For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Schedule B (Form 1040A or 1040) 2013
I:TRP-28
I:6-61
SCHEDULE C Profit or Loss From Business OMB No. 1545-0074

(Form 1040)
Department of the Treasury
▶ For
(Sole Proprietorship)
information on Schedule C and its instructions, go to www.irs.gov/schedulec.
2013
Attachment
▶ Attach to Form 1040, 1040NR, or 1041; partnerships generally must file Form 1065.
Internal Revenue Service (99) Sequence No. 09
Name of proprietor Social security number (SSN)
Dave Stevens 111-11-1111
A Principal business or profession, including product or service (see instructions) B Enter code from instructions
Physical Therapy ▶ 6 2 1 3 4 0
C Business name. If no separate business name, leave blank. D Employer ID number (EIN), (see instr.)
1 1 1 1 1 1 1 1 1
E ▶
Business address (including suite or room no.) 942 Woodview Drive, Suite 402
City, town or post office, state, and ZIP code Portland, OR 74624
F Accounting method: (1) ✓Cash (2) Accrual (3) Other (specify) ▶
G Did you “materially participate” in the operation of this business during 2013? If “No,” see instructions for limit on losses . ✓ Yes No
H If you started or acquired this business during 2013, check here . . . . . . . . . . . . . . . . . ▶
I Did you make any payments in 2013 that would require you to file Form(s) 1099? (see instructions) . . . . . . . . Yes ✓ No
J If "Yes," did you or will you file required Forms 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 . . . . . . . . . ▶ 1 300,000
2 Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . 3 300,000
4 Cost of goods sold (from line 42) . . . . . . . . . . . . . . . . . . . . . . 4
5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . 5 300,000
6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) . . . . 6 225
7 Gross income. Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . ▶ 7 300,225
Part II Expenses Enter expenses for business use of your home only on line 30.
8 Advertising . . . . . 8 18 Office expense (see instructions) 18
9 Car and truck expenses (see 19 Pension and profit-sharing plans . 19
instructions) . . . . . 9 20 Rent or lease (see instructions):
10 Commissions and fees . 10 a Vehicles, machinery, and equipment 20a 15,000
11 Contract labor (see instructions) 11 b Other business property . . . 20b
12 Depletion . . . . . 12 21 Repairs and maintenance . . . 21
13 Depreciation and section 179 22 Supplies (not included in Part III) . 22 24,000
expense deduction (not
included in Part III) (see 23 Taxes and licenses . . . . . 23 4,500
instructions) . . . . . 13 4,500 24 Travel, meals, and entertainment:
14 Employee benefit programs a Travel . . . . . . . . . 24a
(other than on line 19) . . 14 b Deductible meals and
15 Insurance (other than health) 15 37,500 entertainment (see instructions) . 24b
16 Interest: 25 Utilities . . . . . . . . 25 3,750
a Mortgage (paid to banks, etc.) 16a 12,000 26 Wages (less employment credits) . 26 51,000
b Other . . . . . . 16b 27a Other expenses (from line 48) . . 27a 630
17 Legal and professional services 17 b Reserved for future use . . . 27b
28 Total expenses before expenses for business use of home. Add lines 8 through 27a . . . . . . ▶ 28 152,880
29 Tentative profit or (loss). Subtract line 28 from line 7 . . . . . . . . . . . . . . . . . 29 147,345
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:
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
31 Net profit or (loss). Subtract line 30 from line 29.
• If a profit, enter on both Form 1040, line 12 (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 a loss, you must go to line 32.
} 31 147,345
}
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 Form 1040, line 12, (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 32a All investment is at risk.
trusts, enter on Form 1041, line 3. 32b Some investment is not
at risk.
• If you checked 32b, you must attach Form 6198. Your loss may be limited.
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11334P Schedule C (Form 1040) 2013
I:TRP-29
I:6-61
Schedule C (Form 1040) 2013 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
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
40 Add lines 35 through 39 . . . . . . . . . . . . . . . . . . . . . . . . 40
41 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . 41
42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . . . . . . 42
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 2013, enter the number of miles you used your vehicle for:
a Business b Commuting (see instructions) c Other
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.
Office magazine subscriptions 150

Medical journals 330
Safe deposit box fees 50
Tax preparation fees 100
48 Total other expenses. Enter here and on line 27a . . . . . . . . . . . . . . . . 48 630

Schedule C (Form 1040) 2013
I:TRP-30
I:6-61
SCHEDULE SE OMB No. 1545-0074

Self-Employment Tax
2013
(Form 1040)
▶ Information about Schedule SE and its separate instructions is at www.irs.gov/schedulese.
Internal Revenue Service (99) ▶ Attach to Form 1040 or Form 1040NR. Sequence No. 17
Name of person with self-employment income (as shown on Form 1040) Social security number of person
Dave Stevens with self-employment income ▶ 111-11-1111
Before you begin: To determine if you must file Schedule SE, see the instructions.
May I Use Short Schedule SE or Must I Use Long Schedule SE?
Note. Use this flowchart only if you must file Schedule SE. If unsure, see Who Must File Schedule SE in the instructions.
Did you receive wages or tips in 2013?
No Yes
▼ ▼ ▼
Are you a minister, member of a religious order, or Christian
Was the total of your wages and tips subject to social security Yes
Science practitioner who received IRS approval not to be taxed Yes
on earnings from these sources, but you owe self-employment ▶ or railroad retirement (tier 1) tax plus your net earnings from ▶
self-employment more than $113,700?
tax on other earnings?
No No
▼ ▼
Are you using one of the optional methods to figure your net Did you receive tips subject to social security or Medicare tax Yes
Yes ▶
earnings (see instructions)? ▶ that you did not report to your employer?
No
No ▼
▼
No Did you report any wages on Form 8919, Uncollected Social Yes
Did you receive church employee income (see instructions) Yes ◀ Security and Medicare Tax on Wages? ▶
reported on Form W-2 of $108.28 or more? ▶
No
▼ ▼
You may use Short Schedule SE below ▶ You must use Long Schedule SE on page 2
Section A—Short Schedule SE. Caution. Read above to see if you can use Short Schedule SE.
1a Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form
1065), box 14, code A . . . . . . . . . . . . . . . . . . . . . . . . 1a
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 Z 1b ( )
2 Net profit or (loss) from Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-1 (Form 1065),
box 14, code A (other than farming); and Schedule K-1 (Form 1065-B), box 9, code J1.
Ministers and members of religious orders, see instructions for types of income to report on
this line. See instructions for other income to report . . . . . . . . . . . . . . 2 147,345
3 Combine lines 1a, 1b, and 2 . . . . . . . . . . . . . . . . . . . . . 3 147,345
4 Multiply line 3 by 92.35% (.9235). If less than $400, you do not owe self-employment tax; do
not file this schedule unless you have an amount on line 1b . . . . . . . . . . . ▶ 4 136,073
Note. If line 4 is less than $400 due to Conservation Reserve Program payments on line 1b,
see instructions.
5 Self-employment tax. If the amount on line 4 is:
• $113,700 or less, multiply line 4 by 15.3% (.153). Enter the result here and on Form 1040, line 56,
or Form 1040NR, line 54
• More than $113,700, multiply line 4 by 2.9% (.029). Then, add $14,098.80 to the result.
Enter the total here and on Form 1040, line 56, or Form 1040NR, line 54 . . . . . . . 5 18,045
6 Deduction for one-half of self-employment tax.
Multiply line 5 by 50% (.50). Enter the result here and on Form
1040, line 27, or Form 1040NR, line 27 . . . . . . . . 6 9,023
For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 11358Z Schedule SE (Form 1040) 2013
I:TRP-31
I:6-61
Schedule SE (Form 1040) 2013 Attachment Sequence No. 17 Page 2

Name of person with self-employment income (as shown on Form 1040) Social security number of person
with self-employment income ▶
Section B—Long Schedule SE
Part I Self-Employment Tax
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) 1a
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 Z 1b ( )
2 Net profit or (loss) from Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-1 (Form 1065),
box 14, code A (other than farming); and Schedule K-1 (Form 1065-B), box 9, code J1.
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) . . . . . . . . . . . . . . . . . . . . 2
3 Combine lines 1a, 1b, and 2 . . . . . . . . . . . . . . . . . . . . . . 3
4a If line 3 is more than zero, multiply line 3 by 92.35% (.9235). Otherwise, enter amount from line 3 4a
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 . . 4b
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 ▶ 4c
5a Enter your church employee income from Form W-2. See
instructions for definition of church employee income . . . 5a
b Multiply line 5a by 92.35% (.9235). If less than $100, enter -0- . . . . . . . . . . 5b
6 Add lines 4c and 5b . . . . . . . . . . . . . . . . . . . . . . . . 6
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 2013 . . . . . . 7 113,700 00
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 $113,700 or more, skip lines 8b through 10, and go to line 11 8a
b Unreported tips subject to social security tax (from Form 4137, line 10) 8b
c Wages subject to social security tax (from Form 8919, line 10) 8c
d Add lines 8a, 8b, and 8c . . . . . . . . . . . . . . . . . . . . . . . 8d
9 Subtract line 8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 . ▶ 9
10 Multiply the smaller of line 6 or line 9 by 12.4% (.124) . . . . . . . . . . . . . 10
11 Multiply line 6 by 2.9% (.029) . . . . . . . . . . . . . . . . . . . . . 11
12 Self-employment tax. Add lines 10 and 11. Enter here and on Form 1040, line 56, or Form 1040NR, line 54 12
13 Deduction for one-half of self-employment tax.
Multiply line 12 by 50% (.50). Enter the result here and on
Form 1040, line 27, or Form 1040NR, line 27 . . . . . 13
Part II Optional Methods To Figure Net Earnings (see instructions)
Farm Optional Method. You may use this method only if (a) your gross farm income1 was not more
than $6,960, or (b) your net farm profits2 were less than $5,024.
14 Maximum income for optional methods . . . . . . . . . . . . . . . . . . 14 4,640 00
15 Enter the smaller of: two-thirds (2/3) of gross farm income1 (not less than zero) or $4,640. Also
include this amount on line 4b above . . . . . . . . . . . . . . . . . . . 15
Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits3 were less than $5,024
and also less than 72.189% of your gross nonfarm income,4 and (b) you had net earnings from self-employment
of at least $400 in 2 of the prior 3 years. Caution. You may use this method no more than five times.
16 Subtract line 15 from line 14 . . . . . . . . . . . . . . . . . . . . . . 16
17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income4 (not less than zero) or the
amount on line 16. Also include this amount on line 4b above . . . . . . . . . . . 17
1 3
From Sch. F, line 9, and Sch. K-1 (Form 1065), box 14, code B. From Sch. C, line 31; Sch. C-EZ, line 3; Sch. K-1 (Form 1065), box 14, code
2
From Sch. F, line 34, and Sch. K-1 (Form 1065), box 14, code A—minus the A; and Sch. K-1 (Form 1065-B), box 9, code J1.
4
amount you would have entered on line 1b had you not used the optional From Sch. C, line 7; Sch. C-EZ, line 1; Sch. K-1 (Form 1065), box 14, code
method. C; and Sch. K-1 (Form 1065-B), box 9, code J2.
Schedule SE (Form 1040) 2013
I:TRP-32
I:6-62
1040 Department of the Treasury—Internal Revenue Service (99)

2013
Form
U.S. Individual Income Tax Return OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space.
For the year Jan. 1–Dec. 31, 2013, or other tax year beginning , 2013, ending , 20 See separate instructions.
Your first name and initial Last name Your social security number
Lyle James 11122 3333
If a joint return, spouse’s first name and initial Last name Spouse’s social security number
Kaye James 444 556666

Home address (number and street). If you have a P.O. box, see instructions. Apt. no.
▲ Make sure the SSN(s) above
11620 N. Mount Ave. and on line 6c are correct.
City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign
New Haven, CT 22222 Check here if you, or your spouse if filing

jointly, want $3 to go to this fund. Checking
Foreign country name Foreign province/state/county Foreign postal code
a box below will not change your tax or
refund. You Spouse
1 Single 4 Head of household (with qualifying person). (See instructions.) If

Filing Status
2 ✓ Married filing jointly (even if only one had income) the qualifying person is a child but not your dependent, enter this
Check only one 3 Married filing separately. Enter spouse’s SSN above child’s name here. ▶
box. and full name here. ▶ 5 Qualifying widow(er) with dependent child
Exemptions 6a
b
✓ Yourself. If someone can claim you as a dependent, do not check box 6a .
✓ Spouse . . . . . . . . . . . . . . . . . . . .
.
.
.
.
.
.
.
.
} Boxes checked
on 6a and 6b
No. of children
2
c Dependents: (2) Dependent’s (3) Dependent’s (4) ✓ if child under age 17
qualifying for child tax credit
on 6c who:
• lived with you
2
(1) First name Last name social security number relationship to you
(see instructions) • did not live with
Jessica James 1 2 3 4 5 6 7 8 9 Daughter ✓ you due to divorce
✓
or separation
If more than four
dependents, see
Jerron James 8 8 8 9 9 1 0 1 0 Son (see instructions)
Dependents on 6c
instructions and not entered above
check here ▶
d Total number of exemptions claimed . . . . . . . . . . . . . . . . .
Add numbers on
lines above ▶
4
Income 7 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . 7 240,000
8a Taxable interest. Attach Schedule B if required . . . . . . . . . . . . 8a
b Tax-exempt interest. Do not include on line 8a . . . 8b
Attach Form(s)
9a Ordinary dividends. Attach Schedule B if required . . . . . . . . . . . 9a
W-2 here. Also
attach Forms b Qualified dividends . . . . . . . . . . . 9b
W-2G and 10 Taxable refunds, credits, or offsets of state and local income taxes . . . . . . 10
1099-R if tax 11 Alimony received . . . . . . . . . . . . . . . . . . . . . 11
was withheld.
12 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . 12
13 Capital gain or (loss). Attach Schedule D if required. If not required, check here ▶ 13 250
If you did not 14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . 14
get a W-2,
see instructions. 15a IRA distributions . 15a b Taxable amount . . . 15b
16a Pensions and annuities 16a b Taxable amount . . . 16b
17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 17 5,350
18 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . 18
19 Unemployment compensation . . . . . . . . . . . . . . . . . 19
20a Social security benefits 20a b Taxable amount . . . 20b
21 Other income. List type and amount 21
22 Combine the amounts in the far right column for lines 7 through 21. This is your total income ▶ 22 245,600
23 Educator expenses . . . . . . . . . . 23
Adjusted 24 Certain business expenses of reservists, performing artists, and
Gross fee-basis government officials. Attach Form 2106 or 2106-EZ 24
Income 25 Health savings account deduction. Attach Form 8889 . 25
26 Moving expenses. Attach Form 3903 . . . . . . 26
27 Deductible part of self-employment tax. Attach Schedule SE . 27
28 Self-employed SEP, SIMPLE, and qualified plans . . 28
29 Self-employed health insurance deduction . . . . 29
30 Penalty on early withdrawal of savings . . . . . . 30
31a Alimony paid b Recipient’s SSN ▶ 31a
32 IRA deduction . . . . . . . . . . . . . 32
33 Student loan interest deduction . . . . . . . . 33
34 Tuition and fees. Attach Form 8917 . . . . . . . 34
35 Domestic production activities deduction. Attach Form 8903 35
36 Add lines 23 through 35 . . . . . . . . . . . . . . . . . . . 36
37 Subtract line 36 from line 22. This is your adjusted gross income . . . . . ▶ 37 245,600
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2013)
I:TRP-33
I:6-62
Form 1040 (2013) Page 2

38 Amount from line 37 (adjusted gross income) . . . . . . . . . . . . . . 38 245,600
{ }
Tax and
39a Check You were born before January 2, 1949, Blind. Total boxes
Credits
if: Spouse was born before January 2, 1949, Blind. checked ▶ 39a
Standard b If your spouse itemizes on a separate return or you were a dual-status alien, check here ▶ 39b
Deduction
for— 40 Itemized deductions (from Schedule A) or your standard deduction (see left margin) . . 40 20,100
• People who 41 Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . 41 225,500
check any
box on line 42 Exemptions. If line 38 is $150,000 or less, multiply $3,900 by the number on line 6d. Otherwise, see instructions 42 15,600
39a or 39b or
who can be
43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- . . 43 209,900
claimed as a
dependent,
44 Tax (see instructions). Check if any from: a Form(s) 8814 b Form 4972 c 44 46,238
see 45 Alternative minimum tax (see instructions). Attach Form 6251 . . . . . . . . . 45 0
instructions.
• All others:
46 Add lines 44 and 45 . . . . . . . . . . . . . . . . . . . . . ▶ 46 46,238
47 Foreign tax credit. Attach Form 1116 if required . . . . 47
Single or
Married filing 48 Credit for child and dependent care expenses. Attach Form 2441 48
separately,
$6,100 49 Education credits from Form 8863, line 19 . . . . . 49
Married filing 50 Retirement savings contributions credit. Attach Form 8880 50
jointly or
Qualifying 51 Child tax credit. Attach Schedule 8812, if required . . . 51
widow(er), 52 Residential energy credits. Attach Form 5695 . . . . 52
$12,200
Head of 53 Other credits from Form: a 3800 b 8801 c 53
household, 54 Add lines 47 through 53. These are your total credits . . . . . . . . . . . . 54
$8,950
55 Subtract line 54 from line 46. If line 54 is more than line 46, enter -0- . . . . . . ▶ 55 46,238
56 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . 56
Other
57 Unreported social security and Medicare tax from Form: a 4137 b 8919 . . 57
Taxes 58 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . 58
59a Household employment taxes from Schedule H . . . . . . . . . . . . . . 59a
b First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . 59b
60 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 60
61 Add lines 55 through 60. This is your total tax . . . . . . . . . . . . . ▶ 61 46,238
Payments 62 Federal income tax withheld from Forms W-2 and 1099 . . 62 48,000
63 2013 estimated tax payments and amount applied from 2012 return 63
If you have a 64a Earned income credit (EIC) . . . . . . . . . . 64a
qualifying
child, attach b Nontaxable combat pay election 64b
Schedule EIC. 65 Additional child tax credit. Attach Schedule 8812 . . . . . 65
66 American opportunity credit from Form 8863, line 8 . . . . 66
67 Reserved . . . . . . . . . . . . . . . . 67
68 Amount paid with request for extension to file . . . . . 68
69 Excess social security and tier 1 RRTA tax withheld . . . . 69
70 Credit for federal tax on fuels. Attach Form 4136 . . . . 70
71 Credits from Form: a 2439 b Reserved c 8885 d 71
72 Add lines 62, 63, 64a, and 65 through 71. These are your total payments . . . . . ▶ 72 48,000
Refund 73 If line 72 is more than line 61, subtract line 61 from line 72. This is the amount you overpaid 73 1,762
74a Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . ▶ 74a 1,762
▶ b Routing number ▶ c Type: Checking Savings
Direct deposit?
See ▶ d Account number
instructions.
75 Amount of line 73 you want applied to your 2014 estimated tax ▶ 75
Amount 76 Amount you owe. Subtract line 72 from line 61. For details on how to pay, see instructions ▶ 76
You Owe 77 Estimated tax penalty (see instructions) . . . . . . . 77
Do you want to allow another person to discuss this return with the IRS (see instructions)? Yes. Complete below. No
Third Party
Designee Designee’s 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 Daytime phone number
Joint return? See
instructions.
Keep a copy for Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent you an Identity Protection
your records. PIN, enter it
here (see inst.)
Print/Type preparer’s name Preparer’s signature Date PTIN
Paid Check if
self-employed
Preparer
Use Only
Firm’s address ▶ Phone no.
Form 1040 (2013)
I:TRP-34
I:6-62
SCHEDULE A OMB No. 1545-0074

Itemized Deductions
2013
(Form 1040)
▶ Information about Schedule A and its separate instructions is at www.irs.gov/schedulea.
Internal Revenue Service (99) ▶ Attach to Form 1040. Sequence No. 07
Name(s) shown on Form 1040 Your social security number
Lyle and Kaye James 111-22-3333

Caution. Do not include expenses reimbursed or paid by others.
Medical 1 Medical and dental expenses (see instructions) . . . . . 1
and 2 Enter amount from Form 1040, line 38 2
Dental 3 Multiply line 2 by 10% (.10). But if either you or your spouse was
Expenses born before January 2, 1949, multiply line 2 by 7.5% (.075) instead 3
4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . . . . . . . 4
Taxes You 5 State and local (check only one box):
Paid a
b
Income taxes, or
General sales taxes } . . . . . . . . . . . 5 10,000
6 Real estate taxes (see instructions) . . . . . . . . . 6 1,650 *
7 Personal property taxes . . . . . . . . . . . . . 7
8 Other taxes. List type and amount ▶
8
9 Add lines 5 through 8 . . . . . . . . . . . . . . . . . . . . . . 9 11,650
Interest 10 Home mortgage interest and points reported to you on Form 1098 10 8,450 **
You Paid 11 Home mortgage interest not reported to you on Form 1098. If paid
to the person from whom you bought the home, see instructions
Note. and show that person’s name, identifying no., and address ▶
Your mortgage
interest
deduction may 11
be limited (see 12 Points not reported to you on Form 1098. See instructions for
instructions). special rules . . . . . . . . . . . . . . . . . 12
13 Mortgage insurance premiums (see instructions) . . . . . 13
14 Investment interest. Attach Form 4952 if required. (See instructions.) 14
Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more,
Charity see instructions . . . . . . . . . . . . . . . . 16
If you made a 17 Other than by cash or check. If any gift of $250 or more, see
gift and got a instructions. You must attach Form 8283 if over $500 . . . 17
benefit for it, 18 Carryover from prior year . . . . . . . . . . . . 18
see instructions.
19 Add lines 16 through 18 . . . . . . . . . . . . . . . . . . . . . 19
Casualty and
Theft Losses 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) . . . . . . . . 20
Job Expenses 21 Unreimbursed employee expenses—job travel, union dues,
and Certain job education, etc. Attach Form 2106 or 2106-EZ if required.
Miscellaneous (See instructions.) ▶ 21
Deductions 22 Tax preparation fees . . . . . . . . . . . . . 22
23 Other expenses—investment, safe deposit box, etc. List type
and amount ▶
23
24 Add lines 21 through 23 . . . . . . . . . . . . 24
25 Enter amount from Form 1040, line 38 25
26 Multiply line 25 by 2% (.02) . . . . . . . . . . . 26
27 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- . . . . . . 27
Other 28 Other—from list in instructions. List type and amount ▶
Miscellaneous
Deductions 28
Total 29 Is Form 1040, line 38, over $150,000?
}
Itemized No. Your deduction is not limited. Add the amounts in the far right column
Deductions for lines 4 through 28. Also, enter this amount on Form 1040, line 40. . . 29 20,100
Yes. Your deduction may be limited. See the Itemized Deductions
Worksheet in the instructions to figure the amount to enter.
30 If you elect to itemize deductions even though they are less than your standard
deduction, check here . . . . . . . . . . . . . . . . . . . ▶
For Paperwork Reduction Act Notice, see Form 1040 instructions. Cat. No. 17145C Schedule A (Form 1040) 2013
* R/E tax on New Haven home ($1,400) plus Florida home [$250 = $1000 X (20/80)]
** Interest on New Haven home ($7,200) plus allocated interest on Florida home [$1,250 = $5,000 X (20/80)].
I:TRP-35
I:6-62
SCHEDULE D OMB No. 1545-0074

(Form 1040) Capital Gains and Losses
Department of the Treasury ▶

▶ Attach to Form 1040 or Form 1040NR.
Information about Schedule D and its separate instructions is at www.irs.gov/scheduled.
2013
Attachment
Internal Revenue Service (99) ▶ Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. Sequence No. 12

Part I Short-Term Capital Gains and Losses—Assets Held One Year or Less
See instructions for how to figure the amounts to enter on the (g) (h) Gain or (loss)
lines below. (d) (e) Adjustments Subtract column (e)
Proceeds Cost to gain or loss from from column (d) and
This form may be easier to complete if you round off cents to (sales price) (or other basis) Form(s) 8949, Part I, combine the result with
whole dollars. line 2, column (g) column (g)
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 .
1b Totals for all transactions reported on Form(s) 8949 with
Box A checked . . . . . . . . . . . . . 2,000 2,000 250 250
2 Totals for all transactions reported on Form(s) 8949 with
Box B checked . . . . . . . . . . . . .
Box C checked . . . . . . . . . . . . .
4 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 . 4
5 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from
Schedule(s) K-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover
Worksheet in the instructions . . . . . . . . . . . . . . . . . . . . . . . 6 ( )
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 the back . . . . . 7 250
Part II Long-Term Capital Gains and Losses—Assets Held More Than One Year
See instructions for how to figure the amounts to enter on the (g) (h) Gain or (loss)
lines below. (d) (e) Adjustments Subtract column (e)
Proceeds Cost to gain or loss from from column (d) and
This form may be easier to complete if you round off cents to (sales price) (or other basis) Form(s) 8949, Part II, combine the result with
whole dollars. line 2, column (g) column (g)
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 .
8b Totals for all transactions reported on Form(s) 8949 with
Box D checked . . . . . . . . . . . . .
Box E checked . . . . . . . . . . . . .
Box F checked . . . . . . . . . . . . . .
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 . . . . . . . . . . . . . . . . . . . . . . 11
12 Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 12
13 Capital gain distributions. See the instructions . . . . . . . . . . . . . . . . . . 13

14 Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover
Worksheet in the instructions . . . . . . . . . . . . . . . . . . . . . . . 14 ( )
15 Net long-term capital gain or (loss). Combine lines 8a through 14 in column (h). Then go to Part III on
the back . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 11338H Schedule D (Form 1040) 2013
I:TRP-36
I:6-62
Schedule D (Form 1040) 2013 Page 2
Part III Summary
16 Combine lines 7 and 15 and enter the result . . . . . . . . . . . . . . . . . . 16 250

• If line 16 is a gain, enter the amount from line 16 on Form 1040, line 13, or Form 1040NR, 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, line 13, or Form
1040NR, line 14. Then go to line 22.
17 Are lines 15 and 16 both gains?

Yes. Go to line 18.
No. Skip lines 18 through 21, and go to line 22.
18 Enter the amount, if any, from line 7 of the 28% Rate Gain Worksheet in the instructions . . ▶ 18
19 Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet in the
instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶ 19
20 Are lines 18 and 19 both zero or blank?

Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42). Do not complete lines
21 and 22 below.
No. Complete the Schedule D Tax Worksheet in the instructions. Do not complete lines 21
and 22 below.
21 If line 16 is a loss, enter here and on Form 1040, line 13, or Form 1040NR, line 14, the smaller of:
• The loss on line 16 or

• ($3,000), or if married filing separately, ($1,500) } . . . . . . . . . . . . . . . 21 ( )
Note. When figuring which amount is smaller, treat both amounts as positive numbers.
22 Do you have qualified dividends on Form 1040, line 9b, or Form 1040NR, line 10b?
Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42).
No. Complete the rest of Form 1040 or Form 1040NR.
Schedule D (Form 1040) 2013
I:TRP-37
I:6-62
8949 Sales and Other Dispositions of Capital Assets

OMB No. 1545-0074
2013
Form
▶ Information about Form 8949 and its separate instructions is at www.irs.gov/form8949.
▶ File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D.
Internal Revenue Service Sequence No. 12A
Name(s) shown on return Social security number or taxpayer identification number
Most brokers issue their own substitute statement instead of using Form 1099-B. They also may provide basis information (usually your cost) to you on
the statement even if it is not reported to the IRS. Before you check Box A, B, or C below, determine whether you received any statement(s) and, if so,
the transactions for which basis was reported to the IRS. Brokers are required to report basis to the IRS for most stock you bought in 2011 or later.
Part I Short-Term. Transactions involving capital assets you held one year or less are short term. For long-term
transactions, see page 2.
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 total directly on
Schedule D, line 1a; you are not required to report these transactions on Form 8949 (see instructions).
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 was not reported to the IRS
(C) Short-term transactions not reported to you on Form 1099-B
Adjustment, if any, to gain or loss.
1 (e) If you enter an amount in column (g), (h)
(c) (d) Cost or other basis. enter a code in column (f). Gain or (loss).
(a) (b)
Date sold or Proceeds See the Note below See the separate instructions. Subtract column (e)
Description of property Date acquired
disposed (sales price) and see Column (e) from column (d) and
(Example: 100 sh. XYZ Co.) (Mo., day, yr.)
(Mo., day, yr.) (see instructions) in the separate (f) (g) combine the result
instructions Code(s) from Amount of with column (g)
instructions adjustment
25 Shares Lake, Inc. 2/15/13 5/24/12 250 500 W 250 0

50 Shares Bass, Inc. 5/14/13 5/27/13 1,750 1,500 250
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) ▶ 2,000 2,000 250 250
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.
For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 37768Z Form 8949 (2013)
I:TRP-38
I:6-62
Form 8949 (2013) Attachment Sequence No. 12A Page 2

Name(s) shown on return. (Name and SSN or taxpayer identification no. not required if shown on other side.) Social security number or taxpayer identification number
Most brokers issue their own substitute statement instead of using Form 1099-B. They also may provide basis information (usually your cost) to you on
the statement even if it is not reported to the IRS. Before you check Box D, E, or F below, determine whether you received any statement(s) and, if so,
the transactions for which basis was reported to the IRS. Brokers are required to report basis to the IRS for most stock you bought in 2011 or later.
Part II Long-Term. Transactions involving capital assets you held more than one year are long term. For short-term
transactions, see page 1.
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 total directly on Schedule D, line 8a;
you are not required to report these transactions on Form 8949 (see instructions).
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 was not reported to the IRS
(F) Long-term transactions not reported to you on Form 1099-B
Adjustment, if any, to gain or loss.
1 (e) If you enter an amount in column (g), (h)
(c) (d) Cost or other basis. enter a code in column (f). Gain or (loss).
(a) (b)
Date sold or Proceeds See the Note below See the separate instructions. Subtract column (e)
Description of property Date acquired
disposed (sales price) and see Column (e) from column (d) and
(Example: 100 sh. XYZ Co.) (Mo., day, yr.)
(Mo., day, yr.) (see instructions) in the separate (f) (g) combine the result
instructions Code(s) from Amount of with column (g)
instructions adjustment
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) ▶
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.
Form 8949 (2013)
I:TRP-39
I:6-62
SCHEDULE E Supplemental Income and Loss OMB No. 1545-0074
2013
(Form 1040) (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)
▶ Attach to Form 1040, 1040NR, or Form 1041.
▶ Information about Schedule E and its separate instructions is at www.irs.gov/schedulee.
Internal Revenue Service (99) Sequence No. 13
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 or C-EZ (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 2013 that would require you to file Form(s) 1099? (see instructions) Yes ✓ No
B If “Yes,” did you or will you file required Forms 1099? Yes No
1a Physical address of each property (street, city, state, ZIP code)
A Ft. Lauderdale, FL
B
C
1b Type of Property 2 For each rental real estate property listed Fair Rental Personal Use
above, report the number of fair rental and QJV
(from list below) Days Days
personal use days. Check the QJV box
A 3 only if you meet the requirements to file as A 60 20
B a qualified joint venture. See instructions. B
C C
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)
Income: Properties: A B C
3 Rents received . . . . . . . . . . . . . 3 15,000
4 Royalties received . . . . . . . . . . . . 4
Expenses:
5 Advertising . . . . . . . . . . . . . . 5 200
6 Auto and travel (see instructions) . . . . . . . 6
7 Cleaning and maintenance . . . . . . . . . 7
8 Commissions. . . . . . . . . . . . . . 8
9 Insurance . . . . . . . . . . . . . . . 9 1,125 *
10 Legal and other professional fees . . . . . . . 10
11 Management fees . . . . . . . . . . . . 11
12 Mortgage interest paid to banks, etc. (see instructions) 12 3,750 *
13 Other interest. . . . . . . . . . . . . . 13
14 Repairs. . . . . . . . . . . . . . . . 14 225 *
15 Supplies . . . . . . . . . . . . . . . 15
16 Taxes . . . . . . . . . . . . . . . . 16 750 *
17 Utilities . . . . . . . . . . . . . . . . 17 975 *
18 Depreciation expense or depletion . . . . . . . 18 2,625 *
19 Other (list) ▶ 19
20 Total expenses. Add lines 5 through 19 . . . . . 20 9,650
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 5,350
22 Deductible rental real estate loss after limitation, if any,
on Form 8582 (see instructions) . . . . . . . 22 ( )( )( )
23a Total of all amounts reported on line 3 for all rental properties . . . . 23a 15,000
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 3,750
d Total of all amounts reported on line 18 for all properties . . . . . . 23d 2,625
e Total of all amounts reported on line 20 for all properties . . . . . . 23e 9,650
24 Income. Add positive amounts shown on line 21. Do not include any losses . . . . . . . 24 5,350
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 Form 1040, line
17, or Form 1040NR, line 18. Otherwise, include this amount in the total on line 41 on page 2 . . . . 26 5,350
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11344L Schedule E (Form 1040) 2013
* Amounts shown are 75% of the total cost to account for portion attributed to personal use.
I:TRP-40
I:6-62
Schedule E (Form 1040) 2013 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
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 from an at-risk activity for which
any amount is not at risk, you must check the box in column (e) 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, excess farm loss, 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
(b) Enter P for (c) Check if (d) Employer (e) Check if
28 (a) Name partnership; S foreign identification any amount is
for S corporation partnership number not at risk
A
B
C
D
Passive Income and Loss Nonpassive Income and Loss
(f) Passive loss allowed (g) Passive income (h) Nonpassive loss (i) Section 179 expense (j) Nonpassive income
(attach Form 8582 if required) from Schedule K–1 from Schedule K–1 deduction from Form 4562 from Schedule K–1
A
B
C
D
29a Totals
b Totals
30 Add columns (g) and (j) of line 29a . . . . . . . . . . . . . . . . . . . . . 30
31 Add columns (f), (h), and (i) of line 29b . . . . . . . . . . . . . . . . . . . 31 ( )
32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter the
result here and include in the total on line 41 below . . . . . . . . . . . . . . . 32
Part III Income or Loss From Estates and Trusts
(b) Employer
33 (a) Name
identification number
A
B
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
B
34a Totals
b Totals
35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . . . . . . 35
36 Add columns (c) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . 36 ( )
37 Total estate and trust income or (loss). Combine lines 35 and 36. Enter the result here and
include in the total on line 41 below . . . . . . . . . . . . . . . . . . . . 37
Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs)—Residual Holder
(b) Employer identification (c) Excess inclusion from (d) Taxable income (net loss) (e) Income from
38 (a) Name
number Schedules Q, line 2c from Schedules Q, line 1b Schedules Q, line 3b
(see instructions)
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
41 Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Form 1040, line 17, or Form 1040NR, line 18 ▶ 41 5,350
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 1120S), box 17, code
V; and Schedule K-1 (Form 1041), box 14, code F (see instructions) . . 42
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 or Form 1040NR from all rental real estate activities
in which you materially participated under the passive activity loss rules . . 43
Schedule E (Form 1040) 2013
I:TRP-41
I:6-63
1120 U.S. Corporation Income Tax Return OMB No. 1545-0123
2013
Form For calendar year 2013 or tax year beginning , 2013, ending , 20
Internal Revenue Service ▶ Information about Form 1120 and its separate instructions is at www.irs.gov/form1120.
A Check if: Name B Employer identification number
1a Consolidated return
(attach Form 851) .
TYPE
Scarlet Furniture Corporation 12-34567
b Life/nonlife consoli- Number, street, and room or suite no. If a P.O. box, see instructions. C Date incorporated
dated return . . . OR
2 Personal holding co. PRINT 789 Presidential Way January 1, 2013
(attach Sch. PH) . . City or town, state, or province, country and ZIP or foreign postal code D Total assets (see instructions)
3 Personal service corp.
(see instructions) . .
Seattle, WA 54789 $ 1,139,400
4 Schedule M-3 attached E Check if: (1) ✓ Initial return (2) Final return (3) Name change (4) Address change
1a Gross receipts or sales . . . . . . . . . . . . . . . . . 1a 650,000

b Returns and allowances . . . . . . . . . . . . . . . . . 1b
c Balance. Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . . 1c 650,000
2 Cost of goods sold (attach Form 1125-A) . . . . . . . . . . . . . . . . . . . . 2 100,000
3 Gross profit. Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . 3 550,000
Income
4 Dividends (Schedule C, line 19) . . . . . . . . . . . . . . . . . . . . . . 4

5 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Capital gain net income (attach Schedule D (Form 1120)) . . . . . . . . . . . . . . . 8
9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) . . . . . . . . . . . 9
10 Other income (see instructions—attach statement) . . . . . . . . . . . . . . . . . 10
11 Total income. Add lines 3 through 10 . . . . . . . . . . . . . . . . . . . . . ▶ 11 550,000
12 Compensation of officers (see instructions—attach Form 1125-E) . . . . . . . . . . . . ▶ 12 40,000
Deductions (See instructions for limitations on deductions.)
13 Salaries and wages (less employment credits) . . . . . . . . . . . . . . . . . . 13 80,000

14 Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Taxes and licenses . . . . . . . . . . . . . . . . . . . . . . . . . . 17 60,000
18 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 30,000
19 Charitable contributions . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) . . 20 120,441
21 Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 40,000
23 Pension, profit-sharing, etc., plans . . . . . . . . . . . . . . . . . . . . . 23
24 Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . 24
25 Domestic production activities deduction (attach Form 8903) . . . . . . . . . . . . . . 25
26 Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . . 26 7,600 *
27 Total deductions. Add lines 12 through 26 . . . . . . . . . . . . . . . . . . . ▶ 27 378,041
28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. 28 171,959
29a Net operating loss deduction (see instructions) . . . . . . . . . . 29a
b Special deductions (Schedule C, line 20) . . . . . . . . . . . . 29b
c Add lines 29a and 29b . . . . . . . . . . . . . . . . . . . . . . . . . 29c
171,959
Tax, Refundable Credits, and
30 Taxable income. Subtract line 29c from line 28 (see instructions) . . . . . . . . . . . . 30

31 Total tax (Schedule J, Part I, line 11) . . . . . . . . . . . . . . . . . . . . . 31 50,314
32 Total payments and refundable credits (Schedule J, Part II, line 21) . . . . . . . . . . . . 32 50,000
Payments
33 Estimated tax penalty (see instructions). Check if Form 2220 is attached . . . . . . . . ▶ 33

34 Amount owed. If line 32 is smaller than the total of lines 31 and 33, enter amount owed . . . . . 34 314
35 Overpayment. If line 32 is larger than the total of lines 31 and 33, enter amount overpaid . . . . . 35
36 Enter amount from line 35 you want: Credited to 2014 estimated tax ▶ Refunded ▶ 36
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct,
and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign May the IRS discuss this return
Here with the preparer shown below
(see instructions)? Yes No
Signature of officer Date Title
Print/Type preparer’s name Preparer's signature Date PTIN
Paid Check if
self-employed
Preparer
Use Only
Firm's address ▶ Phone no.
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11450Q Form 1120 (2013)
* The Sum of the supplies ($5,000), actual warranty expenses ($2,000) and contract breech penalty ($600)
I:TRP-42
I:6-63
Form 1120 (2013) Page 2

Schedule C Dividends and Special Deductions (see instructions) (a) Dividends
(b) %
(c) Special deductions
received (a) × (b)
1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed

stock) . . . . . . . . . . . . . . . . . . . . . . . . 70
2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed
stock) . . . . . . . . . . . . . . . . . . . . . . . . 80
see
3 Dividends on debt-financed stock of domestic and foreign corporations . . . . . instuctions
4 Dividends on certain preferred stock of less-than-20%-owned public utilities . . . 42

5 Dividends on certain preferred stock of 20%-or-more-owned public utilities . . . . 48
6 Dividends from less-than-20%-owned foreign corporations and certain FSCs . . . 70
7 Dividends from 20%-or-more-owned foreign corporations and certain FSCs . . . 80
8 Dividends from wholly owned foreign subsidiaries . . . . . . . . . . . 100
9 Total. Add lines 1 through 8. See instructions for limitation . . . . . . . .
10 Dividends from domestic corporations received by a small business investment
company operating under the Small Business Investment Act of 1958 . . . . . 100
11 Dividends from affiliated group members . . . . . . . . . . . . . . 100
12 Dividends from certain FSCs . . . . . . . . . . . . . . . . . 100
13 Dividends from foreign corporations not included on lines 3, 6, 7, 8, 11, or 12 . . .
14 Income from controlled foreign corporations under subpart F (attach Form(s) 5471) .
15 Foreign dividend gross-up . . . . . . . . . . . . . . . . . .
16 IC-DISC and former DISC dividends not included on lines 1, 2, or 3 . . . . . .
17 Other dividends . . . . . . . . . . . . . . . . . . . . .
18 Deduction for dividends paid on certain preferred stock of public utilities . . . .
19 Total dividends. Add lines 1 through 17. Enter here and on page 1, line 4 . . . ▶
20 Total special deductions. Add lines 9, 10, 11, 12, and 18. Enter here and on page 1, line 29b . . . . . . . ▶
Form 1120 (2013)
I:TRP-43
I:6-63
Form 1120 (2013) Page 3

Schedule J Tax Computation and Payment (see instructions)
Part I–Tax Computation
1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)) . . . . ▶
2 Income tax. Check if a qualified personal service corporation (see instructions) . . . . . . . . ▶ 2 50,314
3 Alternative minimum tax (attach Form 4626) . . . . . . . . . . . . . . . . . . . . 3
4 Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 50,314
5a Foreign tax credit (attach Form 1118) . . . . . . . . . . . . . . 5a
b Credit from Form 8834 (see instructions) . . . . . . . . . . . . . 5b
c General business credit (attach Form 3800) . . . . . . . . . . . . 5c
d Credit for prior year minimum tax (attach Form 8827) . . . . . . . . . 5d
e Bond credits from Form 8912 . . . . . . . . . . . . . . . . 5e
6 Total credits. Add lines 5a through 5e . . . . . . . . . . . . . . . . . . . . . 6
7 Subtract line 6 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . 7 50,314
8 Personal holding company tax (attach Schedule PH (Form 1120)) . . . . . . . . . . . . . . 8
9a Recapture of investment credit (attach Form 4255) . . . . . . . . . . 9a
b Recapture of low-income housing credit (attach Form 8611) . . . . . . . 9b
c Interest due under the look-back method—completed long-term contracts (attach
Form 8697) . . . . . . . . . . . . . . . . . . . . . . 9c
d Interest due under the look-back method—income forecast method (attach Form
8866) . . . . . . . . . . . . . . . . . . . . . . . 9d
e Alternative tax on qualifying shipping activities (attach Form 8902) . . . . . 9e
f Other (see instructions—attach statement) . . . . . . . . . . . . 9f
10 Total. Add lines 9a through 9f . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 . . . . . . . . . . . . . 11 50,314
Part II–Payments and Refundable Credits
12 2012 overpayment credited to 2013 . . . . . . . . . . . . . . . . . . . . . . 12
13 2013 estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . 13 50,000
14 2013 refund applied for on Form 4466 . . . . . . . . . . . . . . . . . . . . . . 14 ( )
15 Combine lines 12, 13, and 14 . . . . . . . . . . . . . . . . . . . . . . . . 15 50,000
16 Tax deposited with Form 7004 . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Withholding (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Total payments. Add lines 15, 16, and 17 . . . . . . . . . . . . . . . . . . . . . 18 50,000
19 Refundable credits from:
a Form 2439 . . . . . . . . . . . . . . . . . . . . . . 19a
b Form 4136 . . . . . . . . . . . . . . . . . . . . . . 19b
c Form 8827, line 8c . . . . . . . . . . . . . . . . . . . 19c
d Other (attach statement—see instructions). . . . . . . . . . . . . 19d
20 Total credits. Add lines 19a through 19d . . . . . . . . . . . . . . . . . . . . . 20
21 Total payments and credits. Add lines 18 and 20. Enter here and on page 1, line 32 . . . . . . . . 21 50,000
Schedule K Other Information (see instructions)
1 Check accounting method: a Cash b ✓ Accrual c Other (specify) ▶ Yes No
2 See the instructions and enter the:
a Business activity code no. ▶
b Business activity ▶
c Product or service ▶
3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? . . . . . . . . . . ✓
If “Yes,” enter name and EIN of the parent corporation ▶
4 At the end of the tax year:

a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt
organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the
corporation’s stock entitled to vote? If "Yes," complete Part I of Schedule G (Form 1120) (attach Schedule G) . . . . . . ✓
b Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all
classes of the corporation’s stock entitled to vote? If "Yes," complete Part II of Schedule G (Form 1120) (attach Schedule G) . ✓
Form 1120 (2013)
I:TRP-44
I:6-63
Form 1120 (2013) Page 4

Schedule K Other Information continued (see instructions)
Yes No
5 At the end of the tax year, did the corporation:

a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of
any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive ownership, see instructions. ✓
If “Yes,” complete (i) through (iv) below.
(ii) Employer (iii) Country of (iv) Percentage
(i) Name of Corporation Identification Number Owned in Voting
(if any) Incorporation Stock
b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic partnership
(including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. ✓
If “Yes,” complete (i) through (iv) below.
(ii) Employer (iii) Country of (iv) Maximum
(i) Name of Entity Identification Number Percentage Owned in
(if any) Organization Profit, Loss, or Capital
6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in
excess of the corporation’s current and accumulated earnings and profits? (See sections 301 and 316.) . . . . . . . ✓
If "Yes," file Form 5452, Corporate Report of Nondividend Distributions.
If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.
7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of (a) the total voting power of all
classes of the corporation’s stock entitled to vote or (b) the total value of all classes of the corporation’s stock? . . . . ✓
For rules of attribution, see section 318. If “Yes,” enter:
(i) Percentage owned ▶ and (ii) Owner’s country ▶
(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached ▶
8 Check this box if the corporation issued publicly offered debt instruments with original issue discount . . . . . . ▶
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
9 Enter the amount of tax-exempt interest received or accrued during the tax year ▶ $
10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) ▶
11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here . . . . . ▶
If the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached
or the election will not be valid.
12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction on line 29a.) ▶ $
13 Are the corporation’s total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end of the
tax year less than $250,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ✓
If “Yes,” the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash distributions
and the book value of property distributions (other than cash) made during the tax year ▶ $
14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement (see instructions)? . . . . ✓
If “Yes,” complete and attach Schedule UTP.
15a Did the corporation make any payments in 2013 that would require it to file Form(s) 1099? . . . . . . . . . . . ✓
b If “Yes,” did or will the corporation file required Forms 1099? . . . . . . . . . . . . . . . . . . . .
16 During this tax year, did the corporation have an 80% or more change in ownership, including a change due to redemption of its
own stock? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ✓
17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value)
of its assets in a taxable, non-taxable, or tax deferred transaction? . . . . . . . . . . . . . . . . . . ✓
18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair
market value of more than $1 million? . . . . . . . . . . . . . . . . . . . . . . . . . . . ✓
Form 1120 (2013)
I:TRP-45
I:6-63
Form 1120 (2013) Page 5

Schedule L Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Cash . . . . . . . . . . . . 500,000 91,400
2a Trade notes and accounts receivable . . .
b Less allowance for bad debts . . . . . ( ) ( )
3 Inventories . . . . . . . . . . . 48,000
4 U.S. government obligations . . . . .
5 Tax-exempt securities (see instructions) . .
6 Other current assets (attach statement) . . 50,000
7 Loans to shareholders . . . . . . .
8 Mortgage and real estate loans . . . . .
9 Other investments (attach statement) . . .
10a Buildings and other depreciable assets . . 420,000
b Less accumulated depreciation . . . . . ( ) ( 20,000) 400,000
11a Depletable assets . . . . . . . . .
b Less accumulated depletion . . . . . . ( ) ( )
12 Land (net of any amortization) . . . . . 550,000
13a Intangible assets (amortizable only) . . .
b Less accumulated amortization . . . . . ( ) ( )
14 Other assets (attach statement) . . . . .
15 Total assets . . . . . . . . . . 500,000 1,139,400
Liabilities and Shareholders’ Equity
16 Accounts payable . . . . . . . . .
17 Mortgages, notes, bonds payable in less than 1 year
18 Other current liabilities (attach statement) . . 100,000
19 Loans from shareholders . . . . . . .
20 Mortgages, notes, bonds payable in 1 year or more 400,000
21 Other liabilities (attach statement) . . . .
22 Capital stock: a Preferred stock . . . .
b Common stock . . . . 500,000 500,000 500,000 500,000
23 Additional paid-in capital . . . . . . .
24 Retained earnings—Appropriated (attach statement)
25 Retained earnings—Unappropriated . . . 139,400
26 Adjustments to shareholders’ equity (attach statement)
27 Less cost of treasury stock . . . . . . ( ) ( )
28 Total liabilities and shareholders’ equity . . 500,000 1,139,400
Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return
Note: Schedule M-3 required instead of Schedule M-1 if total assets are $10 million or more—see instructions
1 Net income (loss) per books . . . . . . 139,400 7 Income recorded on books this year
2 Federal income tax per books . . . . . 100,000 not included on this return (itemize):
3 Excess of capital losses over capital gains . Tax-exempt interest $
4 Income subject to tax not recorded on books
this year (itemize):
8 Deductions on this return not charged
5 Expenses recorded on books this year not against book income this year (itemize):
deducted on this return (itemize): a Depreciation . . $ 100,441
a Depreciation . . . . $ b Charitable contributions $
b Charitable contributions . $
c Travel and entertainment . $
Acc. Warranty, OSHA fines, accrued bonus 33,000* 9 Add lines 7 and 8 . . . . . . 100,441
6 Add lines 1 through 5 . . . . . . . . 272,400 10 Income (page 1, line 28)—line 6 less line 9 171,959
Schedule M-2 Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L)
1 Balance at beginning of year . . . . . 5 Distributions: a Cash . . . .
2 Net income (loss) per books . . . . . . 139,400 b Stock . . . .
3 Other increases (itemize): c Property . . .
6 Other decreases (itemize):
7 Add lines 5 and 6 . . . . . .
4 Add lines 1, 2, and 3 . . . . . . . . 139,400 8 Balance at end of year (line 4 less line 7) 139,400
Form 1120 (2013)
*$8,000 accrued warranty expense + $10,000 OSHA Fine + $15,000 accrued bonuses = $33,000
I:TRP-46
I:6-63
SCHEDULE G Information on Certain Persons Owning the

(Form 1120) Corporation’s Voting Stock OMB No. 1545-0123
(Rev. December 2011)
▶ Attach
to Form 1120.
Internal Revenue Service ▶ See instructions on page 2.
Name Employer identification number (EIN)

Part I Certain Entities Owning the Corporation’s Voting Stock. (Form 1120, Schedule K, Question 4a). Complete
columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated
as a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly or
indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote (see
instructions).
(ii) Employer Identification
(i) Name of Entity (iii) Type of Entity (iv) Country of Organization (v) Percentage Owned in Voting Stock
Number (if any)
Part II Certain Individuals and Estates Owning the Corporation’s Voting Stock. (Form 1120, Schedule K,
Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% or
more, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation’s
stock entitled to vote (see instructions).
(ii) Identifying Number (iii) Country of (iv) Percentage Owned
(i) Name of Individual or Estate Citizenship (see
(if any) instructions) in Voting Stock
Peter Marlin 555-66-7777 U.S. 70%

John Tanner 666-77-8888 U.S. 30%
For Paperwork Reduction Act Notice, Cat. No. 52684S Schedule G (Form 1120) (Rev. 12-2011)
see the Instructions for Form 1120.
I:TRP-47
I:6-63
Form 1125-A Cost of Goods Sold

(Rev. December 2012) OMB No. 1545-2225
▶
Attach to Form 1120, 1120-C, 1120-F, 1120S, 1065, or 1065-B.
Department of the Treasury ▶ Information about Form 1125-A and its instructions is at www.irs.gov/form1125a.
Internal Revenue Service
Name Employer identification number
1 Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . 1 0
2 Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 148,000
3 Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Additional section 263A costs (attach schedule) . . . . . . . . . . . . . . . . 4
5 Other costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . 5
6 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . 6 148,000
7 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . 7 48,000
8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the
appropriate line of your tax return (see instructions) . . . . . . . . . . . . . . . 8 100,000
9a Check all methods used for valuing closing inventory:
(i) ✓Cost
(ii) Lower of cost or market
(iii) Other (Specify method used and attach explanation.) ▶
b Check if there was a writedown of subnormal goods . . . . . . . . . . . . . . . . . . . . . . ▶
c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) . . . . . . ▶
d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed
under LIFO . . . . . . . . . . . . . . . . . . . . . . . . . . . 9d
e If property is produced or acquired for resale, do the rules of section 263A apply to the entity (see instructions)? . . Yes ✓ No
f Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If “Yes,”
attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes ✓ No
Section references are to the Internal Under this accounting method, inventory ending on or after December 31, 2000, has
Revenue Code unless otherwise noted. costs for raw materials purchased for use average annual gross receipts of $10
in producing finished goods and million or less for the 3 prior tax years, (b)
General Instructions merchandise purchased for resale are whose principal business activity is not an
deductible in the year the finished goods or ineligible activity, and (c) whose business is
Purpose of Form merchandise are sold (but not before the not a tax shelter (as defined in section 448
Use Form 1125-A to calculate and deduct year you paid for the raw materials or (d)(3)). See Rev. Proc. 2002-28, 2002-18
cost of goods sold for certain entities. merchandise, if you are also using the cash I.R.B. 815.
method). Uniform capitalization rules. The uniform
Who Must File If you account for inventoriable items in capitalization rules of section 263A
the same manner as materials and supplies generally require you to capitalize, or
Filers of Form 1120, 1120-C, 1120-F,
that are not incidental, you can currently include in inventory, certain costs incurred
1120S, 1065, or 1065-B, must complete
deduct expenditures for direct labor and all in connection with the following.
and attach Form 1125-A if the applicable
indirect costs that would otherwise be • The production of real property and
entity reports a deduction for cost of goods
included in inventory costs. See the tangible personal property held in inventory
sold.
instructions for lines 2 and 7. or held for sale in the ordinary course of
Inventories For additional guidance on this method business.
Generally, inventories are required at the of accounting, see Pub. 538, Accounting • Real property or personal property
beginning and end of each tax year if the Periods and Methods. For guidance on (tangible and intangible) acquired for resale.
production, purchase, or sale of adopting or changing to this method of
• The production of real property and
merchandise is an income-producing accounting, see Form 3115, Application for
tangible personal property by a corporation
factor. See Regulations section 1.471-1. If Change in Accounting Method, and its
for use in its trade or business or in an
inventories are required, you generally instructions.
activity engaged in for profit.
must use an accrual method of accounting Qualifying taxpayer. A qualifying
for sales and purchases of inventory items. See the discussion on section 263A
taxpayer is a taxpayer that, (a) for each
uniform capitalization rules in the
Exception for certain taxpayers. If you prior tax year ending after December 16,
instructions for your tax return before
are a qualifying taxpayer or a qualifying 1998, has average annual gross receipts of
completing Form 1125-A. Also see
small business taxpayer (defined below), $1 million or less for the 3 prior tax years
Regulations sections 1.263A-1 through
you can adopt or change your accounting and (b) its business is not a tax shelter (as
1.263A-3. See Regulations section
method to account for inventoriable items defined in section 448(d)(3)). See Rev.
1.263A-4 for rules for property produced in
in the same manner as materials and Proc. 2001-10, 2001-2 I.R.B. 272.
a farming business.
supplies that are not incidental. Qualifying small business taxpayer. A
qualifying small business taxpayer is a
taxpayer that, (a) for each prior tax year
For Paperwork Reduction Act Notice, see instructions. Cat. No. 55988R Form 1125-A (Rev. 12-2012)
I:TRP-48
I:6-63
Form 1125-E Compensation of Officers

(Rev. December 2013) OMB No. 1545-2225
▶ Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S.
▶ Information about Form 1125-E and its separate instructions is at www.irs.gov/form1125e.
Internal Revenue Service
Name Employer identification number
Note. Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.
(b) Social security number (c) Percent of Percent of stock owned (f) Amount of
(a) Name of officer time devoted to
(see instructions) business (d) Common (e) Preferred compensation
1 Peter Marlin 555-66-8888 100 % 70 % % 40,000

% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
% % %
2 Total compensation of officers . . . . . . . . . . . . . . . . . . . . . . . 2 40,000

3 Compensation of officers claimed on Form 1125-A or elsewhere on return . . . . . . . . 3
4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the
appropriate line of your tax return . . . . . . . . . . . . . . . . . . . . . . 4 40,000
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 55989C Form 1125-E (Rev. 12-2013)
I:TRP-49
Another random document with
no related content on Scribd:
class, the other regent might form those that had been kept back, and
qualified newcomers with them, into a properly sequent first class;
and so the routine would be established. The advice was adopted;
and, on Rollock’s recommendation, the person chosen to be
Humanity teacher in the meantime, and second regent in regular
course, was a Mr. Duncan Nairne, a young man from Glasgow
University. Thus all was arranged; and the work of the first session of
the University of Edinburgh proceeded,—Rollock teaching his
“Bajans,” and Nairne following with the ragged troop whom he was
working up in Latin to fit them for the “Bajan” class of next year.
The “session” in each of the Scottish universities extended then
over ten, or even eleven, months of every year, i.e. from the
beginning of October to, or well into, August. The practice was for
the students, or a proportion of them, to reside within the University
walls; and, though this practice soon fell into disuse in Edinburgh, it
held good at first so far that at least some of the students were
boarded and lodged in some rough fashion within the College. The
original regulation also was that students should wear academic
costume; but against this regulation Edinburgh opinion seems from
the first to have set its face most determinedly. It was never really
obeyed.
The infant years of the University were years of trial and rough
usage. In the jars between the different political factions round the
young King, and struggling for the possession of him, the infant
institution was much shaken and disturbed. The Magistrates and
Town Council, however, did their best; and Rollock was persevering
and judicious. The severest interruption to his labours came in his
second session, or 1584–5. That session had been begun with good
prospects, the property of the College having been increased by a
royal grant, and by a collection of about 300 volumes bequeathed by
Mr. Clement Little to form the nucleus of a college library. Rollock
was proceeding, accordingly, with his second or semi class; and
Nairne, having worked up the laggards by this time, was teaching his
first class of Bajans. But in the course of the winter Edinburgh was
visited by that scourge, “The Plague,” of the frequency of the visits of
which in those times, and their paralysing effects on industry of all
kinds, no one can be aware who is not versed in the old annals of
English and Scottish cities. In May 1585, most of the students having
already dispersed, it was necessary to stop the session entirely. This
would not have mattered so much, had not the alarm of the Plague
continued into the following session. That session, the third in the
history of the University, ought to have begun in October 1585; at
which time, as Rollock would then have been carrying his students
into their third or bachelor class, and Nairne would have been
carrying his into their second or semi class, a third regent would have
had to be appointed, to undertake the new class of freshmen. But it
was not till February 1586, or four months after the proper beginning
of the session, that the College was reopened, and then it was
deemed best not to attempt a new Bajan class at all that year, but
simply to go on with the semies and bachelors. Even in this
arrangement there came a difficulty. Scarcely were the classes begun
when the promising young Mr. Duncan Nairne died, and, in order
that the semi class might be carried on at all, the Town Council had
to elect a professor in his room. They chose Mr. Charles Lumsden, a
young man who had been one of Rollock’s pupils at St. Andrews. The
services of this, the third regent or Professor of Philosophy in the
University, did not, however, outlast the remainder of the session in
which he had been appointed. A College professorship was not then a
post of such attraction that it could be thought strange that Mr.
Lumsden should resign it when, in the following October, he received
a call to be minister of Duddingston parish. By his resignation at that
moment, however, the College would have been left crippled, had not
two new regents been at once appointed. These new regents, chosen
by competitive trial out of six candidates, were Mr. Adam Colt and
Mr. Alexander Scrimgeour. The last of these, Scrimgeour, took
charge of the new class of entrants or Bajans; as there had been no
class of Bajans in the former year, the semi class was this year a
blank; the former pupils of Lumsden and Nairne, now in the third or
bachelor class, were entrusted to Mr. Colt; and Rollock himself,
proceeding with the pupils who had already been continuously in his
charge for three years, carried them through the last or magistrand
class.
In August 1587, six months after the execution of Queen Mary at
Fotheringay, the fourth session of Edinburgh University was brought
to a close by the first act of laureation or graduation in its annals.
Forty-seven of Rollock’s pupils, who had remained with him steadily
through the entire four years, were then made masters of arts,—a
larger number than was to be seen at any subsequent graduation for
more than half a century. The signatures of the forty-seven are still to
be seen in the preserved graduation-book, appended to a copy of that
Scottish Confession of the Reformed Faith to which it was the rule
that all graduates should swear everlasting fidelity. Several of the
names are those of persons afterwards of some note in Scotland. To
three of them is affixed in the graduation-book, in later handwriting,
the dreadful word Apostata, signifying that those three disciples of
Rollock afterwards apostatised from the Protestant religion.
Having thus followed Rollock through one complete cycle of his
regency or professorship in Arts, one would like to know something
as to the nature and methods of his teaching. On this head the
information is as follows:—He began, as we have seen, by testing his
students in the indispensable Latin. But, though ability to read
ordinary Latin authors, to write in Latin, and also to speak Latin in
some fashion and understand spoken Latin, were prerequisites to his
course, the business of that course itself included necessarily much
reading in particular Latin classics, whether for their matter or for
their style. Very soon in his first class, however, he attacked Greek,
teaching it from the grammar upwards, until easy Greek authors
could be read. Greek was continued, for its own sake, into the second
and third years of the course; but the chief business of those years,
and of the fourth, was “Philosophy,” as divided into Logic, Ethics,
and Physics. In each of these departments the philosophical teaching
consisted chiefly of expositions of Aristotle. Whether in the original
Greek, or, as is more probable, in Latin versions, Rollock, we are
expressly told, read Aristotle daily with his pupils, beginning with the
Organon Logicum, and then going through the Nicomachean Ethics
and the Physics. The Physics came probably in the last year, and in
this year also (for mathematics and physical science were then
usually delayed till the end) certain additions to Aristotle: to wit, the
principles of Arithmetic, a sketch of the Anatomy of the human body,
Astronomy as taught in the then standard treatise of Joannes a Sacro
Bosco De Sphæra, and finally Geography. Conceive the routine so
sketched; conceive the steady plodding on day after day, for some
hours every day, through four sessions of ten or eleven months each;
and conceive also the disputations in Latin among the students
themselves every Saturday, and the express catechisings of them in
religion on Sundays: and you will have an idea of what it was to be
under Rollock in the first years of the University of Edinburgh.
A still more minute account of what constituted the curriculum
of study in the Faculty of Arts during the first age of the University is
furnished by an abstract of the “Order of Discipline” in the
University, drawn up in the year 1628. One cannot be sure that in
every particular this “Order of Discipline” accords with what had
been the practice of Rollock; but, as the abstract professes to be
mainly a digest of rules and customs that had been already in force, it
probably describes substantially the scheme of teaching introduced
by Rollock and bequeathed by him to his successors. The scheme
may be tabulated thus:—
First Year: Latin, Greek, and the Elements of Logic—(1) Latin: Exercises in
turning English into Latin and in translation from Latin; with readings in Latin
authors, chiefly Cicero. There seems also to have been practice in Latin verse-
making. (2) Greek: The Greek Grammar of Clenardus; Readings in the New
Testament, in the Orations of Isocrates, and, for poetry, in Phocylides, Hesiod, and
Homer; also translation of Latin themes into Greek, and of Greek into Latin.
Passages of the Greek authors read were got by heart, and publicly recited on
Saturdays. (3) Logic: This was reserved till near the end of the session, and Ramus
was the author used.—There were disputations on Saturdays, and catechisings on
Sundays.
Second Year: Recapitulation of previous studies, with Rhetoric, Logic, and
Arithmetic—(1) Recapitulation: For the first month, with a final examination in
Greek. (2) Rhetoric: Talæus’s Rhetoric (a short and very flimsy compend on the
figures of speech, with instructions in delivery), and portions of other manuals,
such as Cassander’s Rhetoric and Aphthonius’s Progymnasmata (a collection of
specimens of Greek composition to illustrate various styles); also oratorical
exercises by the students themselves. (3) Logic: Perphyry’s Introduction to
Aristotle’s Organon, and then, in the Organon itself, the Categories, the Prior
Analytics, and portions of the Topics and the Sophistics. (4) Arithmetic: towards
the end of the session.—Disputations and declamations on Saturdays, and
catechisings on Sundays.
Third Year: Recapitulation of previous studies, with Hebrew Grammar,
Logic, Ethics, and Physical Science—(1) Recapitulation: This went back upon the
Greek, and included examinations in Rhetoric and in Logical Analysis. (2) Hebrew
Grammar: taught apparently from the beginning of the session. (3) Logic: The two
Books of Aristotle’s Posterior Analytics. (4) Ethics: The first, second, half of the
third, and the fourth and fifth Books of Aristotle’s Ethics. (5) Physical Science:
Aristotle’s Acroamatics, taught partly textually, partly in compend, followed, at the
close of the session, by a descriptive sketch of Human Anatomy.—Disputations on
prescribed theses on Saturdays, and theological instruction on Sundays.
Fourth Year: Recapitulation of previous studies, with Astronomy,
Cosmography, and other portions of Physics, and Disputations and other
preparations for the Laureation. Among the books used in this year were the
Sphæra of Joannes a Sacro Bosco, the books of Aristotle De Cælo, De Ortu, De
Meteoris, and De Anima, and Hunter’s Cosmography. Atlases and the celestial
globe were also in requisition, and the most notable constellations were pointed
out in the heavens themselves. But much of the work of this session consisted in
logical disputations in the evenings, whether among the magistrands, or between
them and the third year’s men.—On Sundays, instruction in Dogmatic and
Polemical Theology.
To return to Rollock personally:—We have spoken of him
hitherto as only the first regent or Arts professor of Edinburgh
University. In reality, however, since February 1586, when he was in
his third session and had Nairne as his single fellow-regent, he had
borne, along with his regency, the higher dignity of the
Principalship,—the Town Council having concluded that the time
had come for the institution of such an office in the University, and
for Rollock’s promotion to it. Accordingly, when Rollock had the
satisfaction of seeing the forty-seven students who had gone through
their full four years’ curriculum with him made Masters of Arts, he
was not only senior Regent, but also Principal of the University, with
a right of superintendence over Colt and Scrimgeour, the other two
regents. But no sooner had this first Edinburgh graduation taken
place than there was a further change. Rollock, satisfied with having
taken one class of students through the full course of four years,
resigned his regency or Arts professorship, in order to become
Professor of Divinity. As it was desirable that those of the new
graduates and others who might be going forward to the Church
should have the means of a theological education within Edinburgh,
this was a natural arrangement. It amounted to the institution,
though on a small scale, of a Theological Faculty in the University, in
addition to the general Faculty of Arts or Philosophy. The
Theological Faculty was represented solely by Rollock, who was also
Principal of the University; while the Arts or Philosophical Faculty
was represented for the time in Colt, Scrimgeour, and a third regent,
Mr. Philip Hislop, one of Rollock’s recent graduates, appointed to the
place which Rollock had just left vacant. In 1589, however, Mr.
Charles Ferme, also one of Rollock’s graduates, was added to the
staff of regents, so as to complete the number of four, necessary for
the full conduct of the Arts classes.
No need to narrate here the rest of Rollock’s life in detail.
Enough if we imagine him going on for ten years more in the exercise
of the double duties of his Professorship of Theology and his
Principalship in the infant University. As Professor of Theology, he
may be said to have founded the Divinity School of Edinburgh. He
trained up assiduously, not only by his lectures on Dogmatic and
Polemical Theology, but also by his personal influence, the first
ecclesiastics whom the University of Edinburgh gave to the Kirk of
Scotland. Some of these attained subsequent distinction, and,
remembering Rollock with reverence, carried his name into the next
generation. Nor was his Principalship a sinecure. He visited the
Philosophy classes, gave special lectures to them on Theology, and
kept them and the regents to their work. Add to this much exertion
beyond the bounds of the University. For a time he delivered Sunday
evening sermons to crowded congregations in the East Kirk of St.
Giles, by way of volunteer assistance to the four city ministers; and,
latterly, when these four were increased to eight, and a division of
the city-pastorate was made into eight districts or parishes, the full
ministerial care of one of these city-charges was entrusted to Rollock.
It was an anxious time, too, in the politics of the Kirk. King James
had begun those efforts of his for the subversion of the Presbyterian
constitution of the Kirk, as it had been established by statute in 1592,
in which he was to persevere so unflinchingly through the remainder
of his resident reign in Scotland, though it was not till he removed to
England, and could act upon his native kingdom from the vantage-
ground of his acquired English sovereignty, that the results were
fully seen in the abolition of the Presbyterian constitution of the Kirk
altogether and the substitution of Episcopacy. Already in Rollock’s
time all Scotland was in anxious agitation in consequence of this
anti-presbyterian policy of the King and the vehement resistance to it
offered by the majority of the Scottish clergy and of the Scottish
people. Rollock himself, as a public man and leading Edinburgh
minister, had to take his part in the controversy. It was a mild part, it
would seem, and not entirely satisfactory to the more resolute
Presbyterian spirits, but truthful and characteristic. Without
following him, however, over this dangerous ground, farther than to
say that he was Moderator of the General Assembly held at Dundee
in 1597, at which the King was present in person and there were
some not unimportant attempts at a compromise, let us pass on to
the year 1599, the last year but one of the sixteenth century.
Rollock was then in his forty-fourth year. He could look back on
his services in connection with Edinburgh University as the most
important work of his life. He had seen fifteen sessions of that
University begun and ended, during four of which he had been senior
regent or Arts professor, and during the remaining eleven Principal
and Professor of Theology. He had seen eleven graduations and a
total of 284 Edinburgh Masters of Arts sent forth by these
graduations into the world. The University, it is true, remained still
but a fragment of what a complete university ought to have been. It
contained as yet no Faculty of Law and no Faculty of Medicine. For
education in these professions Scottish students had still to resort to
foreign universities, as indeed they had to do for more than a century
yet to come. But it was something to have established a Theological
Faculty and a Faculty of Arts. The Theological Faculty was still
represented entire in Rollock’s own person; but in the Arts Faculty,
on which the University depended most, he had seen thirteen regents
after himself appointed. The tenure of office of most of these had
been vexatiously short, drawn off as they had been by the more
tempting emoluments of parish-charges and the like; but the four
who were now in office as regents,—Mr. Henry Charteris, Mr.
Charles Ferme, Mr. John Adamson, and Mr. William Craig,—were all
graduates of the University itself, and therefore all Rollock’s own
men. Moreover, the Arts Faculty had just been increased by the
institution of a separate Professorship of Humanity, distinct from the
four rotating regencies. To this professorship, the first holder of
which was a certain excellent Mr. John Ray, fell a part of the work
that had formerly been assigned to the regents of the first and second
classes: viz. instruction mainly in Latin, but also in elementary Greek
and the rudiments of rhetoric. Such was the staff of Edinburgh
University as Rollock left it. Though yet but in the prime of
manhood, he had been long in ill-health, and was now suffering from
a painful and incurable disease. There are affectionate details of his
death-bed doings and sayings: how he sent messages to the King,
how the ministers and leading citizens of Edinburgh visited him,
what advices he gave them, what pious ejaculations he uttered, and
how, in especial, he spoke of the University of his love, and
recommended it to the care of those who had the power to promote
its interests. On the 9th of February 1599, the sixteenth session of the
University being then in progress, he breathed his last. There was a
great concourse of citizens of all ranks at his funeral, and all over
Scotland the rumour ran that the nation was poorer by the loss of the
eminent Rollock. Verses in Latin, Greek, and English, by old pupils
and others, were showered upon his grave. He left a widow, whom
the Magistrates and Town Council of Edinburgh pensioned; and a
daughter, posthumously born, was also provided for. In deference to
his dying injunctions, the Town Council appointed Mr. Henry
Charteris, his favourite pupil, and then one of the regents, to be his
successor in the principalship and in the professorship of Divinity.
Looked back upon now through the dense radiance of the
subsequent history of the University of Edinburgh, expanded as that
University has been in the course of centuries into its present four-
facultied completeness, each faculty of larger dimensions than
Rollock could ever have dreamt of, and each with its memories of
scores or hundreds of more or less shining celebrities that have
belonged to it in past generations, Rollock himself, it must be
admitted, dwindles into a mere telescopic star. That he is
remembered at all now is due mainly to the fact that he was the first
president of one of the most important institutions of the Scottish
nation, and charged with the affairs of that institution in its
struggling commencement, its “day of small things.” This in itself
would be something. Many men have merited well of society simply
because they have performed diligently the routine duties of the
office they chanced to hold, and so have woven something of their
own personality, though it may be hardly distinguishable afterwards,
into the context of passing affairs and exigencies. Is this all, however,
that we can say of Rollock? Not quite. Though the best of him is
probably imbedded in the beginnings of the University of Edinburgh,
and much of that even in the unrecorded beginnings, he has left
some memorials of himself besides. His writings, all or nearly all of a
theological nature, some published during his life, and others edited
after his death by admiring friends, are so considerable in bulk that
even the selection of them reprinted by the Wodrow Society fills two
thick volumes. The more important and formal of them were
dogmatic treatises or analytical Latin commentaries on portions of
Scripture, some of which were of sufficient ability, after their kind, to
have won recognition from Beza and other foreign theologians. More
interesting, however, now are the specimens that remain of Rollock’s
popular sermons in the vernacular English, or rather the vernacular
Scots, of his day. Two extracts from one of these sermons will enable
us to know Rollock somewhat more intimately, and will give an idea
at the same time of the tastes of the Edinburgh folks of those days in
the matter of pulpit oratory.
Understand that the text of the discourse is 2 Cor. v. 1, 2,
running thus in the old version then in use: “For we knaw that, gif
our earthly hous of this tabernacle be destroyit, we have a buylding
given of God; that is, a house nocht made with hands, bot eternall in
the heavens. For therefore we sigh, desiring to be clothed with our
hous whilk is from heaven.” The thoughts suggested by this text
being those of the evanescence of the present life and the aspiration
after another life of higher expansion, Rollock’s handling of them
takes this form:—
“The Apostle having spoken this, that his eye was set on that hevinly glory, it
micht have been said, ‘Thou settis thine eye upon ane life above; bot tak heid, Paul!
Thou sall die in the mean time; is not life and deith twa contrares? thou mon die,
and that body of thine mon be dissolvit. Luikis thou ever to rise again? thinkis thou
any other thing bot to be disappointed of life? Luikis thou that that body of thine,
being dissolvit in dust, sall rise again to glory?’ This is are fair tentatioun, and
sundry thinkis efter this maner.... Leirne ane lesson here. Ye see, while ane man is
luiking to hevin, he will not be without tentatioun,—nay, not Paul himself, nor nae
other man nor woman that hes their conversatioun in hevin. And the special
tentatioun of him wha wald fain have life is deith, and the dreidful sicht of deith;
and deith is ever in his eye. He was never born bot deith will tempt him, deith will
be terrible to flesh and blude; and, when he is luiking up to that licht and glory in
hevin, it will come in betwixt his eye and the sicht of hevin, as it were ane terrible
black cloud, and some time will twin [sunder] him and that licht of hevin. As, when
ane man is luiking up to the sun, ane cloud will come in on ane suddenty and tak
the sicht of the sun frae him, sae when ane man is luiking up to the Sun of
Richteousness, Christ Jesus, that cloud of deith will come in and cleik [catch] the
sicht of Christ frae him. This is our estate here, and there is nane acquainted with
hevinly things bot he will find this in experience as Paul did. But what is the
remedy? In the first word of the text that we have read he says ‘we knaw,’ that is,
‘we are assured’; for the word imparts ane full assurance, and faith, and are full
persuasion. Then the remedy aganis this tentatioun of deith is only faith, ane full
persuasion and licht in the mind of the knawledge of God in the face of Christ, with
ane gripping and apprehension thereof. This is the only remedy.”
“Thou mon have ane warrand of thy salvation in this life, or ellis I assure thee
in the name of God thou sall never get to hevin. It is ane strait way to come to
hevin, and it is wonder hard to get the assurance of it: it is nae small matter to get
ane assurance of life everlasting efter death. Then luik what warrandis this man
Paul had, that thou may preis to have the like. The first ground of his assurance is
in this second verse. ‘For,’ says he, ‘this cause we sigh, desiring to be clothed’ (to
put on as it were ane garment). Wherewith? ‘With our house whilk is frae hevin.’
Thir [these] are his wordis. Then his first warrand and ground of his assurance is
ane desire of that samin glory. What sort of desire? Ane earnest desire, with
siching and sobbing; not ane cauld desire, but day and nicht crying and sobbing for
life. Trowis thou sae easily to get hevin that can never say earnestly in thy heart,
‘God give me that hevinly life!’ Na, thou will be disappointed; it is the violent that
enters in hevin (Matt. xi. 12), as ye will see ane man violently thring [squeeze] in at
are yett [gate]. Thou that wald gang to hevin, make thee for thringing through
while [until] all thy guttis be almaist thrustit out. Paul, in the viii. chapter to the
Romans, the 22 and 23 verses, usis thir argumentis againis those wickit men that
cannot sich for hevin. First he takis his argument frae the elementis, the senseless
and dumb creaturis, wha sobbis and groanis for the revelation of the sonnis of God.
O miserable man, the eirth sall condemn thee; the flure thou sittis on is siching,
and wald fain heave that carcase of thine to hevin. The waters, the air, the hevinis,
all siching for that last deliverance, the glory apperteinis to thee; and yet thou is
lauchand. What sall betide thee?”
There is evidence here that Rollock cannot have been merely a
stiff scholastic and pedagogue, but was a man of some real, if
coarsish, fervour of heart, of whom it might be expected that he
would have the power on occasion of putting his hand on the
shoulders of any promising youth among his pupils, and doing him
good by some earnest words of moral and spiritual stimulus. On the
whole, however, the impression from the sermons and the other
writings is that he was by no means a man of such extraordinary
calibre intellectually as it was desirable, and perhaps possible, that
the University of Edinburgh should have had for its first regent and
principal, the shaper of its methods and its tendencies from the
outset. High forms of study and speculation were then asserting
themselves in the intellectual world of the British Islands, the
influence of which had never reached Rollock, or to which, in his
place and circumstances, he remained necessarily impervious. His
administration of the University could only be according to the lights
in which he had himself been educated, and which he brought with
him from St. Andrews. What if the Town Council of Edinburgh,
instead of sending to St. Andrews for Rollock to be the first head of
the new University, had invited their neighbour, Napier of
Merchiston, to the post? He was Rollock’s senior by five years, the
one man in all Scotland supremely fitted for the post; and, as he was
to outlive Rollock eighteen years, how different might have been the
infancy of the University had he been in Rollock’s place! But Napier
was a layman and a laird; and the heavens would have fallen on the
Edinburgh Town Council of 1583, as indeed they would have fallen
on any subsequent Edinburgh Town Council till 1858, if they had
thought of choosing any one but an ecclesiastic for the University
Principalship. Besides, it is possible that the Laird of Merchiston, a
man of many acres, and the owner and inhabitant of one of the finest
turreted mansions near Edinburgh, would have regarded the offer as
a joke.
It is in accordance with our estimate of Rollock all in all that,
though, among the students sent forth from the University of
Edinburgh during his Principalship, there were some who
distinguished themselves subsequently by their force and hard-
headedness in the routine affairs of the Scottish Kirk and State, we
do not find any among them whom the historian of the higher
thought and literature of Britain cares to remember now. Among the
284 Masters of Arts who left the University before Rollock died, the
most memorable are perhaps these: Henry Charteris and Patrick
Sands, pupils of Rollock’s own regency, and his successors in the
principalship; Alexander Gibson of Durie, afterwards a judge of the
Court of Session; James Sandilands, afterwards commissary of
Aberdeen; Thomas Hope, afterwards Sir Thomas Hope, and of
celebrity as a lawyer and as King’s Advocate; David Calderwood, the
Presbyterian historian of the Kirk; and Robert Boyd of Trochrig,
sometime minister in France, and afterwards Principal successively
of the Universities of Glasgow and Edinburgh. To these may be
added, as memorable on another ground, John Ruthven, Earl of
Gowrie, and his brother Alexander Ruthven, the two young chiefs or
victims of the mysterious Gowrie conspiracy of 1600. The elder
brother, a favourite of Rollock’s, was a graduate of 1593, and the
younger graduated in 1598. Other names of some interest to the
Scottish literary antiquarian may be found in the list of the
Edinburgh graduates of Rollock’s time, but hardly one now
interesting to the general British muses. But, indeed, Scotland had
then entered on a period of her history during which the higher and
more meditative muses found themselves dismissed from her
territory for a while. Precisely at the time when the University of
Edinburgh was founded, the age of Scotland’s richest outburst in all
forms of a thoroughly native literature had come to an end,—closed,
we may say, by the deaths of Knox and Buchanan, save that in Napier
of Merchiston there was one peculiar survivor. From that date
onwards through the whole of the seventeenth century the energies
of Scotland were to be locked up all but continually and exclusively in
one protracted business of political and ecclesiastical controversy.
From that date, accordingly, the successive batches of graduates sent
forth from the four Scottish Universities,—or rather, we should now
say, from the five Scottish Universities, for the University of
Marischal College, Aberdeen, was added as a fifth in 1593,—were
absorbed, as clerics, lawyers, soldiers, and what not, into the service
of a troubled social element requiring labours that left little sap in
them for literary delights or for purely speculative exertions.
Exceptions, of course, there are; and the two most notable of these
belong to the University of Edinburgh. Drummond of Hawthornden
was a graduate of that University in 1605, six years after Rollock’s
death. Robert Leighton, so dear to Coleridge as one of the finest
Platonic spirits among the British theologians of the seventeenth
century, was an Edinburgh graduate of 1631, and was Rollock’s sixth
successor in the Principalship of the University, and known for ten
years in that capacity before they induced him to become Bishop and
Archbishop.
KING JAMES’S FAREWELL TO HOLYROOD[3]
It is a Saturday evening in Holyrood,—the evening of Saturday,

the 26th of March 1603. All is dull and sleepy within the Palace, the
King and Queen having retired after supper, and the lights in the
apartments now going out one by one. Suddenly, hark! what noise is
that without? There is first a battering at the gate, and then the
sound of a horse’s hoofs in the courtyard, and of a bustling of the
palace servants round some late arriver. It is the English Sir Robert
Cary, brother of Lord Hunsdon. He had left London between nine
and ten o’clock in the forenoon of the 24th; he had ridden as never
man rode before, spur and gallop, spur and gallop, all the way,
through that day and the next and the next, the two intervening
nights hardly excepted; and here he is at Holyrood on the evening of
the third day,—an incredible ride! His horse, the last he has been on,
is taken from him all a-foam; and he himself, his head bloody with a
wound received by a fall and a kick from the horse in the last portion
of his journey, makes his way staggeringly, under escort, into the
aroused King’s presence. Throwing himself on his knees before his
half-dressed Majesty, he can but pant out, in his fatigue and
excitement, these words in explanation of the cause of his being
there so unceremoniously: “Queen Elizabeth is dead, and your
Majesty is King of England.”
It was the most superb moment of King James’s life. He was in
the thirty-seventh year of his age, and had been King of Scotland for
nearly thirty-six years; but through the last twenty of these,—or, at
all events, ever since February 1586–7, when the captivity of his
mother came to its tragical close at Fotheringay,—his constant
thought had been of the chance he had of being one day King also of
England. Latterly the chance had grown into a probability; but it had
never become a certainty. Although, according to all ordinary legal
construction of the case, his hereditary claim to the English
succession was paramount, there were impediments in the way.
There were vehement objections to him on the part of large sections
of the English community; and that especial and official recognition
of his claims which might have gone far to overcome these
objections, or to neutralise them, had remained wanting. Queen
Elizabeth herself had, or was supposed to have, the right of
nominating her successor; but, though her relations to James
through the whole of his Scottish reign had been condescendingly
kindly,—though she had been in the habit of sending him letters of
semi-parental advice, and sometimes of rebuke, in his minority, and
had then and since shown her interest in him by allowing him a
regular annual pension of English money, of no great amount but
very welcome to him as a substantial supplement to his scanty
Scottish revenues,—she had always resisted his importunities in
what was with him the all-important matter of his succession to her
crown. Her declaration on that subject had been tantalisingly
postponed; and James had been obliged to content himself with
secret negotiations with such of her English statesmen and courtiers
as might be able to persuade her to some distinct decision in his
favour while there was yet time, or, if that should not be
accomplished, might have influence themselves in bringing about the
event which she had left undetermined. Such negotiations round the
imperious old queen, clinging to life and sovereignty as she did, and
regarding as little better than treason all speculation as to what
would be after her death, were necessarily perilous; but they had
been going on for some time, with the result that a party had been
formed in the English Court favourable to the succession of King
James, should circumstances make it possible. At the centre of this
party was Secretary Sir Robert Cecil, Elizabeth’s chief minister since
the death of his father, the great Lord Burleigh, in 1598.
Elizabeth died in her palace at Richmond, in the seventieth year
of her age, about three o’clock in the morning of Thursday the 24th
of March 1602 (so in the English reckoning, but in the Scottish it was
1603), after an illness of some days, during the first four of which she
lay in great pain on cushions, and partly delirious, refusing to go to
bed or to take any food. Her Councillors, Secretary Cecil and
Archbishop Whitgift among them, had been in attendance from the
first; and they had contrived, on the day before her death, while she
was lying speechless in the bed into which they had at last forced her,
to extract a sign from her which intimated her consent that James
should be her successor, or which they found it convenient to
construe to that effect. No sooner was she dead than there was a
meeting of the Council in an apartment near that in which the corpse
lay, to draft a proclamation of James as the new sovereign, and to
take other measures necessary in the crisis. Secrecy was essential for
a few hours; and, as the palace was full of people, including the
weeping court-ladies and others not of the Council, there were orders
that the gates should be shut, and that no one should be permitted
either to leave the palace or to enter it without special warrant.
One person managed to evade the order and get in. This was the
Sir Robert Cary of whom we have just heard. He was then a man of
about forty-three years of age, and well known at Court, both from
his high family connections and on his own account. His father, the
late Lord Hunsdon, had been distinguished among Elizabeth’s
councillors by being related to her by cousinship; his brother, the
present Lord Hunsdon, was now of the Council; and a sister of his,
Lady Scroope, was one of the Queen’s ladies-in-waiting. His own
services in the Queen’s employment had been very various and had
extended over many years. Among diplomatic missions on which she
had sent him in his youth had been several to King James in
Scotland; and latterly he had been in charge of one of the English
wardenships on the Scottish Borders, and conspicuous for his vigour
in the garrisoned defence of those northern parts of England against
the cattle-lifting raids of their rough Scottish neighbours. While in
this post, he had incurred the Queen’s disfavour by marrying,—a
fault which she always resented in any of her courtiers; and for a
while she had refused to see him or speak with him. He had
contrived, however, to pacify her in a skilfully obtained interview;
and that cloud had blown over. Hence, having come south on
furlough from his wardenship just about the time when the Queen
was seized with her fatal illness, and having taken lodgings in
Richmond to await the issue, he had been admitted easily enough
into the dying Queen’s presence. “When I came to Court,” he tells us,
“I found the Queen ill-disposed, and she kept her inner lodging; yet
she, hearing of my arrival, sent for me. I found her in one of her
withdrawing chambers, sitting low upon her cushions. She called me
to her. I kissed her hand, and told her it was my chiefest happiness to
see her in safety, and in health, which I wished might long continue.
She took me by the hand, and wrung it hard, and said ‘No, Robin, I
am not well,’ and then discoursed with me of her indisposition, and
that her heart had been sad and heavy for ten or twelve days; and in
her discourse she fetched not so few as forty or fifty great sighs. I was
grieved at the first to see her in this plight; for in all my lifetime
before I never knew her fetch a sigh, but when the Queen of Scots
was beheaded.” This interview was on the night of Saturday, the 19th
of March; and it was within the next day or two that, learning from
his sister that the Queen had become worse and worse, and that
there was no hope of her recovery, and remembering his friendly
intercourse with the Scottish King on former occasions, he
despatched a letter to James announcing the condition of affairs at
Richmond, and resolved moreover that, when the Queen was actually
dead, he would be himself the first man to carry the great news to
Edinburgh. Once again he was in the death-chamber. It was on the
day before the Queen’s death,—that Wednesday, the 23d of March,
on which, lying speechless in bed, she gave the sign which Cecil and
the other councillors construed as they desired. Among those who
stood by her bedside on the evening of that day, while Archbishop
Whitgift prayed with her several times in succession, was Sir Robert
Cary. It was late, he tells us, when the group broke up, and the Queen
was left to die, with only her waiting-women around her. Sir Robert
had then gone to his lodgings in the town, and had given instructions
that he should be called at the proper moment. Accordingly, about
three o’clock on the following morning, when he knew for certain
that the Queen was dead, he was at the palace gate. The porter had
just received his orders not to admit any one that was not privileged;
and even the bribe with which Sir Robert had already primed that
official would not have been enough, had not one of the councillors,
who chanced to be at the gate at the time, taken the responsibility of
passing him in. He made his way through the chamber in which the
weeping ladies were to that in which the councillors were assembled
and were drafting their documents. His brother, Lord Hunsdon, and
his sister, Lady Scroope, being already in his confidence, and his
purpose having been guessed by Cecil and the rest, he found that
they were very angry with him, and were making arrangements of
their own for the necessary despatches to Edinburgh. In fact, they
laid hold of him, told him he must remain where he was till their
pleasure should be known, and, to show that they were in earnest,
sent peremptory fresh orders to the porter that no one was to be
allowed to pass the gates except the servants that were to be sent
presently to get ready the coaches and horses for the conveyance of
the councillors themselves to Westminster. For an hour or so, Sir
Robert walked about in the palace chagrined and disconcerted. He
had got in with difficulty; but his exit seemed impossible. Bethinking
himself at last, he went to the private chamber of his brother, Lord
Hunsdon. His lordship, overpowered with the fatigues of the
preceding days, was asleep, but was soon roused, and willing to
assist. The two went together to the porter’s gate, where the Council’s
servants were just making their egress to bring the horses and
coaches. The porter could not prevent a great officer like Lord
Hunsdon from going out with them; but he stopped Sir Robert. It
needed some exertion and some angry words from Lord Hunsdon to
cow the man; but this was accomplished, and Sir Robert, to his great
relief, found himself outside the gate in the raw air of the dim March
morning.
Not even yet were his difficulties over. Speeding from Richmond
as fast as he could, he was in Westminster by himself, and in a
friend’s house there, some time before the Lords of Council arrived
in their coaches. Learning, however, after they had arrived, that they
were holding a meeting in Whitehall Gardens to make final
arrangements for the proclamations of the new sovereign both in
Westminster and in the City, he thought it might be as well to try
again whether they would employ him for the service on which he
had set his heart. He sent them word, therefore, that he was in town,
and was waiting their pleasure. It was now past nine o’clock, and the
proclamations were to be at ten. The answer of the Council was a
request to Sir Robert to come to them immediately; and, as it was
conveyed with a kind of intimation that he would find them perfectly
agreeable now to his proposal, he hastened to attend them. He was
actually between the outer and the inner gate of Whitehall for this
purpose, when a word sent out to him by a friendly councillor made
him aware that the Council were deceiving him, and that, if he
appeared among them, he would be laid fast. Then he hesitated no
longer. Giving the Council the slip, and not staying for the
proclamations or for anything else, he took horse at once, somewhere
near Charing Cross, and was off for his tremendous ride northwards.
He himself tells us the successive stages of his ride. He was at
Doncaster that night, a distance of 155 miles from London; next
night he reached a house of his own at Witherington in
Northumberland, about 130 miles from Doncaster; leaving
Witherington on Saturday morning, he accomplished some 50 miles
more before noon that day, bringing him to Norham, close to the
Tweed; after which there were still about 65 miles of that Scottish
portion of his ride which lay between Norham and Edinburgh. He
had hoped to be at Holyrood House before supper-time; but his
dizziness and loss of blood from the fall from his horse in this last
portion of his journey delayed him, as we have seen, for an hour or
two.
After his first abrupt salutation of King James in Holyrood that
Saturday night, there was naturally a longish colloquy between them.
In the course of this colloquy the King’s first excitement of joy was
damped for a moment by the reflection that the messenger had come
of his own motive merely, and without letters from the English Privy
Council. The production of a sapphire ring by Sir Robert removed, he
tells us, all doubts. The ring, it appears, had been thrown to him out
of one of the windows of Richmond Palace, just before he left, by his
sister Lady Scroope; and one account makes it out that it had been a
gift by King James himself to Queen Elizabeth, and that Lady
Scroope took it off the withered finger of the Queen after her death,
to serve as a token that could not be mistaken. Sir Robert’s own
account does not quite imply this, but may be so interpreted. All the
members of the Hunsdon family, one gathers, were known to King
James as having been for some time active in his interest. It was late
before the colloquy ended, and Sir Robert was dismissed by the King
for his much-needed rest of some days, in or near Holyrood, in
charge of the Master of the Household, and under care of a surgeon.
Next day was Sunday; and, whatever whispers of the great event
there may have been round King James himself in Holyrood, it does
not appear that there was any hint of it that day among the
congregations of the lieges in the Edinburgh churches. It is hardly
possible that on the following day, when the proclamations of the
new sovereign were palpitating northwards through England, with
huzzas from town to town, in the very track of Sir Robert’s ride (he
had himself ordered them in Northumberland), the community of
Edinburgh could still have remained ignorant of what had happened.
There could be no public recognition of it, however, till the arrival of
the authorised envoys from the English Privy Council; and they did
not arrive,—the laggards!—till the morning of Tuesday, the 29th of
March. They were Sir Charles Percy, brother of the Earl of
Northumberland, and Thomas Somerset, Esq., one of the sons of the
Earl of Worcester; and they brought with them two documents. One
was a copy of the Proclamation of King James that had been made in
London and Westminster on the 24th. It was certified by the
signatures of the Lord Mayor of London, the Archbishop of
Canterbury, Lord Chancellor Egerton, and twenty-seven more of the
noblemen, prelates, and knights of the English Council; and it
opened thus—“Forasmuch as it hath pleased Almighty God to call to
his mercy out of this transitory life our Sovereign Lady, the high and
mighty princess, Elizabeth, late Queen of England, France, and
Ireland, by whose death and dissolution the Imperial crowns of these
realms foresaid are now absolutely, wholly, and solely, come to the
high and mighty prince, James the Sixth, King of Scotland, who is
lineally and lawfully descended from the body of Margaret, daughter
of the high and renowned prince, Henry the Seventh, King of
England, France, and Ireland, his great-great-grandfather,—the said
Lady Margaret being lawfully begotten of the body of Elizabeth,
daughter to King Edward the Fourth, by which happy conjunction
both the Houses of York and Lancaster were united, to the joy
unspeakable of this kingdom, formerly rent and torn by long
dissension of bloody and civil wars,—the same Lady Margaret being
also the eldest sister of Henry the Eighth, of famous memory, King of
England as aforesaid: We therefore, the Lords Spiritual and
Temporal of this realm, being here assembled, united and assisted
with those of her late Majesty’s Privy Council, and with great
numbers of other principal gentlemen of quality in the kingdom,
with the Lord Mayor, Aldermen, and Citizens of London, and a
multitude of other good subjects and commons of this realm,
thirsting now after nothing so much as to make it known to all
persons who it is that, by law, by lineal succession, and undoubted
right, is now become the only Sovereign Lord and King of these
imperial crowns, to the intent that, by virtue of his power, wisdom,
and godly courage, all things may be provided for which may prevent
or resist either foreign attempts or popular disorder, tending to the
breach of the present peace or to the prejudice of his Majesty’s future
quiet, do now hereby, with one full voice, and consent of tongue and
heart, publicly proclaim that the high and mighty prince, James the
Sixth, King of Scotland, is now, by the death of our late Sovereign,
Queen of England, of famous memory, become also our only lawful
and rightful liege lord, James the First, King of England, France, and
Ireland, Defender of the Faith.” The other document was a missive
letter to King James, signed by nearly the same persons, and
expressing their profound allegiance to him individually, and their
desire to see him in England as speedily as possible. It contained,
however, this paragraph:—“Further, we have thought meet and
necessary to advertise your Highness that Sir Robert Cary is this
morning departed from hence towards your Majesty, not only
without the consent of any of us who were present at Richmond at
the time of our late Sovereign’s decease, but also contrary to such
commandment as we had power to lay upon him, and to all decency,
good manners, and respects which he owed to so many persons of
our degree; whereby it may be that your Highness, hearing by a bare
report of the death of our late Queen, and not of our care and
diligence in establishing of your Majesty’s right here in such manner
as is above specified, may either receive report or conceive doubts of
other matter than (God be thanked) there is cause you should: which
we would have clearly prevented if he had borne so much respect to
us as to have stayed for our common relation of our proceedings and
not thought it better to anticipate the same; for we would have been
loth that any person of quality should have gone from hence who
should not, with report of her death, have been able to relate the just
effects of our assured loyalties.” Both documents were read that day
in the Scottish Privy Council in Edinburgh; and their purport was
published for the general information.
What commotion in Edinburgh through the next few days! The
King’s leave-taking had to be hurried; and it was on Sunday the 3d of
April that, rising from his place in St. Giles’s Church after the
sermon, he made what had to pass as his farewell speech to all his
Scottish subjects. It was a speech intended to console them for their
grievous loss. “There is no more difference,” he said, “betwixt
London and Edinburgh, yea, not so much, as betwixt Inverness or
Aberdeen and Edinburgh; for all our marches are dry, and there be
no ferries betwixt them”; and, after dilating somewhat further on the

Prentice Halls Federal Taxation 2015 Individuals 28Th Edition Pope Solutions Manual Full Chapter PDF

Uploaded by

Copyright:

Available Formats

You might also like

Prentice Halls Federal Taxation 2015 Individuals 28Th Edition Pope Solutions Manual Full Chapter PDF

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Prentice Halls Federal Taxation 2015 Individuals 28Th Edition Pope Solutions Manual Full Chapter PDF

Uploaded by

Copyright:

Available Formats

Prentice Halls Federal Taxation 2015

Individuals 28th Edition Pope Solutions

1040 Department of the Treasury—Internal Revenue Service (99)

Sarah Stevens 222 2 2 2 2 2 2

1 Single 4 Head of household (with qualifying person). (See instructions.) If

Form 1040 (2013) Page 2

SCHEDULE A OMB No. 1545-0074

Dave and Sarah Stevens 111-11-1 111

SCHEDULE B OMB No. 1545-0074

SCHEDULE C Profit or Loss From Business OMB No. 1545-0074

Schedule C (Form 1040) 2013 Page 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

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

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

a Business b Commuting (see instructions) c Other

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

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

Office magazine subscriptions 150

48 Total other expenses. Enter here and on line 27a . . . . . . . . . . . . . . . . 48 630

SCHEDULE SE OMB No. 1545-0074

May I Use Short Schedule SE or Must I Use Long Schedule SE?

Did you receive wages or tips in 2013?

Schedule SE (Form 1040) 2013 Attachment Sequence No. 17 Page 2

1040 Department of the Treasury—Internal Revenue Service (99)

Kaye James 444 556666

New Haven, CT 22222 Check here if you, or your spouse if filing

1 Single 4 Head of household (with qualifying person). (See instructions.) If

Form 1040 (2013) Page 2

SCHEDULE A OMB No. 1545-0074

Lyle and Kaye James 111-22-3333

SCHEDULE D OMB No. 1545-0074

Department of the Treasury ▶

Name(s) shown on return Your social security number

1a Totals for all short-term transactions reported on Form

8a Totals for all long-term transactions reported on Form

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

Schedule D (Form 1040) 2013 Page 2

Part III Summary

16 Combine lines 7 and 15 and enter the result . . . . . . . . . . . . . . . . . . 16 250

17 Are lines 15 and 16 both gains?

20 Are lines 18 and 19 both zero or blank?

• The loss on line 16 or

No. Complete the rest of Form 1040 or Form 1040NR.

Schedule D (Form 1040) 2013

8949 Sales and Other Dispositions of Capital Assets

25 Shares Lake, Inc. 2/15/13 5/24/12 250 500 W 250 0

Form 8949 (2013) Attachment Sequence No. 12A Page 2

SCHEDULE E Supplemental Income and Loss OMB No. 1545-0074

Schedule E (Form 1040) 2013 Attachment Sequence No. 13 Page 2

1120 U.S. Corporation Income Tax Return OMB No. 1545-0123

1a Gross receipts or sales . . . . . . . . . . . . . . . . . 1a 650,000

4 Dividends (Schedule C, line 19) . . . . . . . . . . . . . . . . . . . . . . 4

13 Salaries and wages (less employment credits) . . . . . . . . . . . . . . . . . . 13 80,000

30 Taxable income. Subtract line 29c from line 28 (see instructions) . . . . . . . . . . . . 30

33 Estimated tax penalty (see instructions). Check if Form 2220 is attached . . . . . . . . ▶ 33