..,'.8582
(99)
ldentifyingnumber
Name(s)shown on return
+BRAD,J
& LISA
"2011
> See separale inskuctions.
> Attach to Form 1040 or Form 1041.
l)epartmenl oi the Treasury
rnl€rnarFeven!eService
O M B N o 1 5 4 51 0 0 4
PassiveActivity Loss Limitations
N K SHERMAN
Caulioni Complete Worksheets 1, 2, and 3 before
Rental Beal Estate Activities With Active Participation (Forthe defin t on of active pa,l cipation, see
Special Allowance for Rental Real Estate Activities in the instruct ons.)
'! a Activities with net income (enterthe amount from Worksheet 1
,
co umn (a)
b Activities with net loss (enter the amount from Worksheet 1,
co umn ib))
c Prior years unallowed losses (enterthe amount from Worksheet
1. column(c))
d Combinellnes1a. 1b. and 1c
Commercial Bevitalization Deductions From Rental Real Estate Activities
2a Commercialrevitalizationdeductions from Worksheet 2, column (a)
t_ 8 l - 8
b Prior year unalLowedcommercialrevltalzat on deductions from
Worksheet2, column(b)
Add I nes
All Other Passive Activities
3a Act vities with net income (enterthe amount from Worksheet3,
colunn (a,
b Actlv ties with net oss (enter the amount from Worksheet 3,
colunn (b))
c Pr or years Lrnalowed osses (enterthe amount from Worksheet 3,
column(c))
4
Combine ines 1d, 2c, and 3d. lf this ine is zero or more,stop hereand incllrdethis form with your returntal
ossesare a lowed, ncludingany prioryear unallowedlossesenteredon line1c, 2b, or 3c. Reportthe losseson
the forms and schedules norma lV used
l f l i n e4 i s a l o s sa n d : o L i n e l d i s a l o s s , g o t o P a d l l .
. Line2c s a loss(andline1d is zeroor more),sklp Part ll and go to Part lll.
1,818
. L i n e 3 d i s a l o s s ( a n d l i n e s l d a n d 2 c a r e z e r o o r m o r e ) , s k i paPnadrl tl slalnl d g o t o L n e l 5 .
Caulioni lf your filing status is ntarried liling separately and you lived with your spouse at any time during the yeardo not camplete
Paft ll or Patl lll. lnstead,go to line 15.
Nolei Enter all numbers in Patl ll as positive amourfs. See lnstructions for an example.
6
7
Enterthe smallerof the losson llne1d or the losson ine 4 ..
Enter$150,000.lf marriedfil ng separately,
see instrLrctions
7
Enter modlfied adjusted gross income, but not less than zero (see instructons)
Note: /t/me 7 is greater than or equalto line 6, skip Ines I and
9, enter 0 on line 10. Otheftvise,go to line B.
Subt'act ne 7'rom Ine 6
8
Mu t ply line8 by 50% (.5).Do not entermorethan $25,000.lf marriedfilingsepar
; I
rso,ooo.
ATEMENT 1.9
235,743
8
9
1 0 Enterthesmaller of line5 or lineI
9
10
Nolei Enter all numbers in Part III as positlveamounts. See the examplefor Paft ll in the instructions.
11
12
13
14
see instructions
Enter$25,000reducedbytheamount, ifany,on ine10. lf marriedfilingseparately,
Enterthe lossfrom ine 4
Reduceline12 by the amounton line10
Enterthe smallestof line
Add the income,f any, on lines1a and 3a and enterthe total
'16 Total losses allowed lrom all oassiveactivitiestor 20ll.Add lnes l0. l4. and 15. See instructions
to
LHA r 1s76r12r? r r For Paperwork Beduction Act Notice, see instructions.
0.
Form8582 (2011)
+BRAD ,J & LISA
F0rm8s82(2011)
N K SHERMAN
pog"z
JJ
Caulion: The worksheets must be filed with your tax rctum. Keep a copy for your records.
Worksheet
l -ForForm
Lines ta. 1b.and 1c
instructions
Overallgain or loss
Name ot activity
(e)Ltss
Total. Enter on Form 8582. lines 1a.
1
Worksheet2-ForForm
Name ot activity
Lines 2a and 2b
instructions.
(a)Currentyear
deductions(line2a)
(b) Prior year
unalloweddeductions(line 2b)
(c) Overallloss
Total. Enter on Form 8582, lines 2a
and 2b
Worksheet 3 - For Form
Overallgain or loss
Name ol activity
(c) Unallowed
loss (line 3c)
(e) Loss
Total, Enter on Form 8582, lines 3a.
and 3c
Worksheet 4 - Use this worksheet if an amount is shown on Form
10or 14
instructions.
(d) Subtract
column (c)
from column (a)
Name of activity
Worksheet 5 - Allocation of Unallowed Losses
Name of activig
Form or schedule
and line number
to be reported on
(see instructions)
(c) Unallowedloss
EE ATTA
1.00000000
1.818.
Form
8 5 a 2( 2 0 I 1 )
F 0 r m s s q ? ( 2 0+1B1R) A D , I & L I S A N K S H E R M A N
Worksheet 6 - Allowed Losses
instructions.
Form or schedule
and line number
to be repoded on
(see instructions)
Name of activity
pusrg
tr.
(c)Allowed loss
EE ATTA
7 - Activities With Losses
Name of activity:
on Two or More
instructions.
(e)Allowed loss
Form or schedule and line number
lo be reported on (see
instructions):
1a Net lossplus prioryear unalowed
lossfromform or schedule
b Net income from form or
scneoute
c SubtractIne 1b from Ine 1a. lf zeroor
enter-0
Form or schedule and line number
to be reporled on (see
instructions):
la Net lossplus prioryear unallowed
loss from form or schedule
b Net incomefrom form or
schedule
c SubtractIne 1b from line1a. lf zeroor
enter-0-
Form or scheduleand line number
to be reported on (see
instructions):
la Net lossplus prioryear unalowed
loss from form or schedule
b Net income from form or
schedule
from lne 1a. lf zero or
enter -0-
F o r m8 5 A 2( 2 0 1 1 )
1 r 9 7 6 11 2 1 2 1 1
,",'..8582
ALTERNATIVE
MINTMUM TAX
PassiveActivity Loss Limitations
2011
> See separate instructions.
Attach to Form 10llo or Form 1041.
Dcparlmcntol rhe Treasu.y
InlernarRov.n!eService (99)
ldentifyingnumber
Name(s)shown on return
+BRAD'J
& LISA
N K SHERMAN
Wothsheets1, 2. and 3 befote campleling Pan t.
Rental Real Estate Activities With Active Participation iFor the definitionof active padicipation,see
Special Allowance lor Rental Real Estate Activities in the nstruct ons.)
Caution:
1a Activities wlth net income (enter the amount from Worksheet 1,
co umn (a))
b Activities w th net loss (enterthe amount from Worksheet 1,
co umn ib))
c Prior years unailowed losses (enterthe amount from Worksheet
1, column{c))
1 818
Commercial Revitalization Deductions From Rental Real Estate Activities
2a Commercralrevitalizationdeductlons from Worksheet 2, column (a)
b Pr or vear unallowedcommercialrevitalizationdeductions from
Worksheet 2, column (b)
c Add lines2a and 2b
All Other Passivo Activities
3a Activitieswlth net income (enterthe amount from Worksheet 3,
co umn (a))
b Activities wlth net loss (enterthe amount from Worksheet 3,
column (b))
c Prior years unallowed losses (enter the amount from Worksheet 3,
column (c))
3b. and 3c
4 C o m b n e l i n e s 1 d , 2 c , a n d 3 dl f. t h i s l i n ei s z e r o o r m o r es, t o p h e r e a n di n c l u d e
t h s f o r m w i t hy o u rr e t u r na; l l
'1c,2b, or
3c. Beportthe losseson
ossesare allowed,lncludingany prioryear unallowedlossesenteredon ine
1
the formsand schedulesnormallvused
lf ine 4 s a lossand: . Llne 1d is a loss,go to Part ll.
818
a L ne 2c s a loss(andline1d is zeroor more),skip Pad ll and go to Part lll.
. L ne 3d is a loss(andlines1d and 2c are zero or more),sk p Pads ll and I and go to I ne 15.
Caution lf your filing statusis married liling separatelyand you lived with your spouseat any time during the yeardo nat catnplete
ParI ll or Paft lll. lnstead, go to line 15.
Notei Entet all numberc in Patl ll as positive amaunts. See instructions for an example.
Enterthe smaller of the losson llne1d orthe Losson Line4
see nstructlons
Enter$150,000.lf marriedfilingseparately,
Enter modlfied adjusted gross income, but not less than zero (see instrLrctions)
Note: /rrrre 7 is grcater than or equalto line 6, skip linesB and
9, enter -0- on line 10. Otherwise,go to line B.
S u b h a c lr : n e7 ' r o m I n p 6
5
.000.
7
2 3 5, t 4 3
I
Mu tiply lineB by 50% (.5).Do not entermorethan $25,00o-lf marriedf ilingseparetely,see instructlons
1 0 Enterthesmaller of line5 or lineI
'10
Notei Enter all numberc in Paft lll as positlve amounts. See the example for Paft ll in the instructions.
see Instructions
1 1 Enter$25,000redLrced
by the amount,if any,on llne10. lf marriedfilingseparately,
1 2 Enter the loss from ine 4
1 3 Reduceline12 by the amounton line10
ota
15 Add the lncome,if any,on lnes 1a and 3a and enterthe tota
'10,14, and 15.
16 Total losses allowed fiom all passiveactivitiesfor 2011.Add lines
See lnstructions
to I nd out how to
the losses on vour tax return
LHA ris76r12i2 1i For Paperwork ReductionAct Notice, see instructions.
0.
Forma5a2 (2011)
F 0 r m 8 s 8 2 ( 2 0+1Bi R
) AD 'J & LISA
ALTERNATIVE
N K SHERMAN
MINIMUM TAX
puor2
l-
Cautjon: Ihe worksheetsmust be filed with your tax rcturn. Keep a copy lor your records.
Worksheetl-ForForm
L i n e s I a , 1 b , a n d 1 c { S e ei n s t r u c t i o n s .
Overallgain or loss
Name of activity
(e) Loss
Total. Enter on Form 8582. lines la.
'1b.and 1c
Lines 2a and 2b
Name of activity
instruct ions.
(a) Current year
deductions (line 2a)
(b) Prior year
unalloweddeductions(line 2b)
(c) Overallloss
Total. Enter on Form 8582, lines 2a
and 2b
Worksheet 3 - For
Overallgain or loss
Name ot activity
(e) Loss
Total. Enter on Form 8582. lines 3a.
and 3c
Worksheet 4 - Use this worksheet if an amount is shown on Form
line10 or 14
instructions.
Name of activity
Worksheet 5 - Allocation of Unallowed Losses
Name of activity
Folm or schedule
and line number
to be reported on
{see instructions)
{c) Unallowedloss
1.00000000
L.818.
Form
8 s 8 2( 2 0 1 )
ALTERNATIVE
F 0 r r 8 5 8 2 r 2 0+
t lB
! RAD ,J & LISA N K SHERMAN
Worksheet 6 - Allowed Losses
instructions
MINIMU}4 TAX
Form or scheduls
and line number
to be reported on
(see instructions)
Name of activity
Worksheet 7 - Activities With Losses
Name ot activity:
p"o"s
lE
(c) Allowed loss
Forms or Schedules
instructions.
(e) Allowed loss
Form or scheduleand line number
to be reported on (see
instructions):
'1a Net loss plus pr or year unallowed
loss from form or schedule
b Net income from form or
schedule
ine 1b from ine 1a. lf zero or
enter'0'.
Form or schedule and line number
to be reported on (see
instructions):
1a Net oss p us prioryear unallowed
loss from form or schedu e
b Net incomefrom form or
schedLrle
enter"0-
line1b from line 1a. lf zeroor
Form or scheduleand line number
to be reported on (see
instructions):
1a Net lossplus prioryear unallowed
lossfromform or schedule
)
b Net lncome from form or
schedLrle
c Subtractline1b from line1a. lf
Total
r 1 9 / 6 31 2 - 1 2 - 1 1
enter.0.
Form8582(2011)
,,',',4562
(lncluding Intormation on Listed Property)
DepanmenroJlhe Treasury
InternalFevenueServ ce {99)
+BRAD .f & LISA
2011
Depreciationand Amortization
See separate instructions.
> Attach to
N K SHERMAN
SUMMARY
tax tetutn.
BUSINESS ACTIVITIES
Electi0n
ToExpense
Cerlain
Property
Under
Section
179Note:/l
have
Patl V before you complete Paft l.
Iisted
1 Maximumamountisee Inslruclrons)
Total cost of section 179 property placed in serv ce (see nstructions)
Thresholdcost of section179 propertybeforereductionin llmitation .. ..
Reductionin Limitatlon.
Subtractline3 from Ine 2. lf zeroor less.enter 0.
5
Oo ar limilalion lor lax vear Subtracl line 4 Jromline 1 ll zso or loss. entcr -0-. tt ma(icd
(a)Descrplion ot propedy
(b)cosl (bus,nessuse only)
BEEBE DRAW
7 Listedproperty.Enterthe amountfrom iine29
Total elected cost of sect on 179 property. Add amounts n colLrmn(c), ines 6 and 7
9 Tentativededuction.Entertbe smaller of line5 or ine 8
1 0 Carryoverof disaloweddeductionfrom ine 13 of your 2010 Form4562
1 1 Businessincomeljmitation.
Enterthe sma ler of businessncome(not lessthan zero)or line5
2,284.
1 2 Section179 expensededucton.Add lnes I and 10, but do not entermorethan line l1
'13
or disdLo\tueddedu(tion1o2012.Add linesI and I0. lessI ne 12
Note:
nal use Parl ll ot Pan lll below {or lisledpropedy.
Allowanceand Other
use Part V.
not includelsted
Specialdepreciational owance for qual fied property (other than listed property)p aced n serv ce during
the tax year
Property sublect to section 168(t(1) election
MACRS Depreciation (Do not nclude isted
nstructons
Section A
1 7 N4ACRSdeduct ons for assets p aced in service n tax years beginningbefore 201 1
't8
o>sel- D d-ed rn Fr n!€ dL no lhe ld^ r'e-r rnro lne or more oe.e.1l dssel
Section B - Assets Placed in Service
2O11Tax Year
the GeneralDepreciationSystem
{a) Classliicatiof01propedy
19) Ireprecialio.
ded!.lio.
Res dential rental property
Nonresdentialrealpropeny
Section C - Assets Placed in Service During 201 1 Tax Year Using the Alternative Depreciation System
2l Listedproperty.Enteramountfrom Ine 28
22 Total.Add amountsfromline12, Lines14 throLrgh17, lines19 and 20 in co umn (g),and Ine 21.
Enter here and on the appropriate llnes of your return. Partnershipsand S corporations.
23 For assets shown above and p aced in service during the current year. enter the
LHA For PaDerwork Reduction Act Notice. see seoarate instructions.
Form4562 (2011)
,",^4562
SCHEDUI-,EC
1
Depreciationand Amortization
instluctions.
> Attach lo your tax return.
BLE ENERGY TNC BEEBE
+BRAD . J & L I S A N K S H E R M A N
property
Electj0n
ToExpense
Certain
UrderS"aionIZS N;;7;;E;;rc;
RAW#6 3.125I
1 Maximumamount(seeinstructions)
2 Tota cost of section 179 property placed in service (see lnstructtons)
4
2011
(lncluding Information on Listed property)
Deparlmentot lhe T.easury
hienra Revenle Seryicc 19s)
HAMBERT
Patl V belore
I hresnoldcost o' secr,onI /9 propertybe'orereductionin tmitat,on
BedLrction
rn I mitation.Subtractline3 from line2. lf zero or less.enter_0,
Dollar lim lalion tor lai year. Subtracl line 4 trom tine i
H zero or tess, ertar ,O . tmared
( a )D e s c d p t o no r p r o p c r t /
( b t C o s r( b L s r n c suss e o . t y )
7 Listed property. Enterthe amount from Ine 29
8 Total e ected cost of secion '179property.Add amounts ln column (c), lines 6 and
7
9 Tentativededuction.Enterthe smaller of line5 or line8
1 0 Carryoverof disalloweddeduction from ine .13of your 2010 Form 4562
1 1 Busrnessncome,imlatron.Lnterlhe smallerof businessincome(not lessthan zeroy ,rne
or
5
Sectron179 expensededuction.Add linesg and 10, but do not entermorethan line1j
13
to2012.
9and1
lne 12
Note: Do nof use Part ll or Paft lll below
use Paft V.
Allowance and Other
not include I sted
14 speclal depreciationarrowancefor qua ified property (otherthan listed property)praced in
servicedurnq
the tax year
15 Property subject to section f Oe(0(f) eteition
16
MACRS
(Oo not nclude isted
.) (See nsiructrons.)
Section A
la) classilicalionot proporly
(q)Dcprcc at on dcdld
on
Residentialrental property
Nonresidential
rea propeny
Section C - Assets placed in Service
2011 Tax Year Using the AlternativeDepreciationSystem
instructions.
2 1 Lrsted property. Enter amount from line 2g
Total.Add arnountsfrom line I2, linesj4through17, lines1g and 20 in column(g),and ine 21.
Enter here and on the approprate lines of your return. partnershipsand S corporalons _see
For assets shown above and p aced in service during the current year, enter the
573
the
LHA For Paperwork Reduction Act Notice, see separate inskuctions.
Form4562 (2011)
ruAD
part V
I
,J & LrSA N K SHERMAN
I LiCt"
amusement.l
I!IrP.q"
2
erarnmenr,
recrea.on,
or
Uln';r'L1U!:!!i:"'Z:!f':ii"';i,:':;,";i.3'!::;S|t'f
ordeductins
tease
expense,
comptete
ontv
24a,24b,cotumns
(a)
S:J",t!"lEte
Section A - Dep.eciation and Other Information
you
Do
have
evidence
24a
t0
thebusiness/investment
useclaimed?
(a)
TypeofproperV
(lstvehrcles
f rst)
See the instructionsIor limitsfor passengerautomobjtes.l
No I 24b lf 'Yes,' is the ev de.ce wrillen?
(e)
Yes
(i)
Elected
sectron
179
c0sl
25 spec al depreciat on alrowancefor qua ified listed property placed in service during the tax year and
used more than 5070 in a
used more than 50o%ln a
oLrsrnessuse:
used 50oZor ess in a
28 Add amountsin co umn (h),lines25 through27. Enterhereand on ine 21, page l
Add amounts n qolumn(i),tine26. Enterhereand on ine 7, Daqe1
Section B - Intormation on Use of Vehicles
Completeth s section for vehicles used by a sole proprietor,partner,or other'more than 5yo owrer,' or related person.
lf you provided vehicles to your employees,frrst answer the questions in section c to see if you meet an exception to
comptet ng this section for
thosevehicles.
(r)
Totalbusiness/investmenl
milesdrivenduringlhe
y e a (r d o n o t i l c l J d F
corrllinq mtesj
Vehice
3 1 lola commutingntles drivendLrringlhe year
32 Total other personal (noncommuting)miles
onven.
33 Totalmilesdrivenduringthe year.
Add lines 30 throLtgh32
34 Was the veh cle avaitablefor person;l u;e
durlng off,dLrtyhours?
Was the vehicleused primariyby a more
than 50%owner or related person?
ls another vehtc e availablefor personal
use?
Section C - Questions lor Employers Who provide Vehicles for Use by Their Employees
Answer these quest ons to determine if you meet an exception to comp eting Section B for vehicles used by emp oyees
who are not more than 57o
owners or re ated
37 Do you maintaina writtenpo icy statementthat prohibltsall personalLrseofvehcles,nclLrding
commutng, byyour
emp oyees?
38 Do you maintaina writtenpolicystatementthat prohrbitspersonaluse of veh,cles,exceptcommutng, by your
employees?see the instructionsfor veh cles used by corporate offcers, directors,or 1oz or more owners
39 Do you treatall Lrseof vehiclesby employeesas personaluse?
.. ..
zto Do you provide more than five vehiclesto your employees,obtain nformation
rrom your emproyeesabout
the use ol the vehicles,and retain the informationreceived?
41 Do you meetthe requirements
concerntngqualifiedautomoblledemonstraionuse?
Ilpur answerto 37,38,39, 40, or 41 /s ,yes,,do Dot
Section B for
Amortization
42 Amortizationof costs that
2011 tax
Amortizationof costs that began befofe yout 2Oj1 iaxyeal
T
Form4562 (2011)
+BRAD .J & LISA
rI-
N K SHERMAN
F O R M1 0 4 0
STATE AND LOCAL INCOME TAX REFUNDS
2070
GROSS STATE/LOCAL
LESS: TAX PAID IN
NET TAX REFUNDS
INC TAX REFUNDS
FOLLOWING YEAR
CALIFORNIA
TOTAL NET TAX REFUNDS
2009
STATEMENT
1
2008
CAL I FORNIA
5,787.
5 , 1 8 7,
5 , 7 8 7.
STATEMENT(S) 1
+BRAD .J & LISA
FORM 1,040
N K SHERMAN
-
TAXABLE STATE AND LOCAL INCOME TAX REFUNDS
20L0
NET TAX REFUNDS FROM STATE AND
LOCAIJ INCOME TAX REFI]NDS STMT .
2009
STATEMENT
2
2008
5 ,7 87 .
LESS : REFUNDS.NO BENEFIT DUE TO A].{T
SALES TAX BENEFIT REDUCTION
1
NET REFUNDS FOR RECALCUIJATION
2
3
4
TOTAL ITEMIZED DEDUCTIONS
BEFORE PHASEOUT
DEDUCTION NOT SUB.J TO PHASEOUT
NET REFUNDSFROM LINE I
5
6
7
8
LINE 2 MINUS LINES 3 AND 4
MUIJT LN 5 BY APPL SEC. 68 PCT
PRIOR YEAR AGI
ITEM. DED. PHASEOUT THRESHOLD
9
SUBTRACT LINE 8 FROM LINE 7
(IF ZERO OR LESS, SKIP LINES
]- O THROUGH ].5 , AND ENTER
AMOUNT FROM IJINE 1 ON LINE 16)
MULT LN 9 BY APPL SEC. 68 PCT
ALLOWABLE ITEMIZED DEDUCTIONS
(LINE 5 LESS THE I,ESSER OF
LINE 6 OR LINE 10)
ITEM DED. NOT SUB.J TO PHASEOUT
10
I1
L2
13A TOTAL AD.f . ITEMIZED DEDUCTIONS
138 PRIOR YR. STD. DED. AVAILABLE
T4
P R I O R Y R . A I J L O W A B L EI T E M . D E D .
5.787.
75.328.
5.'787.
69.541.
69,54L.
11,400.
75,328.
T7
18
SUBTRACT THE GREATER OF LINE
].3A OR LINE 138 FROM I,INE 14
TAXABLE REFUNDS
( I.,ESSEROF LINE 15 OR LINE ]. )
ALLOWABLEPRIOR YR. ITEM. DED.
PRIOR YEAR STD. DED. AVAILABLE
19
20
2L
S U B T R A C TL I N E 1 8 F R O ML I N E 1 7
L E S S E RO F L I N E ] - 6 O R L I N E 1 9
P R I O R Y E A R T A X A B L EI N C O M E
22
AMOUNTTO INCLUDE ON FORM 1040. LINE 10
* IF LINE 21 IS _O_ OR MORE, USE A]4OUNTFROM LINE 20
* I F L I N E 2 1 I S A N E G A T I V EA M O U N T ,N E T L I N E S 2 0 A N D 2 1
15
16
5,787.
5 ,787 .
75.328.
11,400.
63,928.
5,787 .
I27,742.
5,787.
STATE AND LOCAL INCOME TAX REFIJNDSPRIOR TO 2OO8
T O T A L T O F O R M1 0 4 0 , L I N E 1 0
S T A T E M E N T (S ) 2
+BRADJ&LISANKSHERMAN
F O R ML 0 4 0
--
TAX EXEMPT INTEREST
STATEMENT
AMOUNT
NA-}.{E OF PAYER
L ,8 6 0 .
VANGUARD_CA IT TAX EXEMPT INVESTOR
DREYFUS CA A].{T FREE MUNI
S O U T H W E S TS E C U R I T I E S I N C
TOTAL TO FORM 1040,
LINE
F O R M1 0 4 0
I , 80r,.
?
8B
FEDERAL
TAX
WI THHELD
A}4OUNT
PAID
T HOUSE OF REP'MEMBERS
SE R V I C E S
S U. S. DEPARTMENTOF
STATE
1s0,349
34,091.
4 4, 7 3 t
5, 3 0 2 .
STATE
CITY
TAX
SDT
WITHHELD TAX W/H
o
r-95,080.
TOTALS
SCHEDULE A
D ES C RI P T I O N
Dc
sr sE, wASHTNGToN
TOTAL TO SCHEDULE A,
9Ee
FICA
TAX
LINE
SCHEDULE B
MEDICARE
TAX
4 , 4 8 6.
2 , 4 ' 1 9.
2 , 0 3 6,
!2,337.
6, 5 2 2 .
AMORT.
PERIOD
/MOS.
TOTAL
P OI N T S
03/30/07
703.
3,009.
l-,080.
AMORTIZATION
THIS YEAR
926.
360
926
12
TAX EXEMPT INTEREST
6
STATEMENT
A-}.{OUNT
NAME OF PAYER
L ,8 6 0 .
299.
L ,8 0 1 .
VANGUARD-CA IT TAX EXEMPT INVESTOR
DREYFUS CA AMT FREE MUNI
S O U T H W E S TS E C U R I T I E S I N C
TOTAL TAX_EXEMPT INTEREST
2 , 3 0 6.
STATEMENT
POINTS NOT REPORTED ON FORM ]-098
DATE RE'
F INANCED
q6n
STATEMENT
WAGES RECEIVED AND TAXES WITHHELD
T
S EMPLOYER'S NA],IE
lfa
,oo
TO SCHEDUI-,E B,
3,960
LINE 1
S T A T E M E N T ( S )3 ,
4,
5,
6
+BRADJ&LISANKSHERMAN
FORM 8949 A
LONG-TERM CAPITAL GAfNS AND LOSSES
DESCRIPTION OF PROPERTY
PRI CE
50 BALDY MESA CA WTF
INFLATION. PROTECT SEC
ADM
378.931
INFLATION- PROTECT SEC
ADM
568.397
INFLATION_ PROTECT SEC
ADM
TOTAL TO SCH D,
LINE
OTHER BASIS
50,000.
s992.509
'l
L 2 , 5 8 2,
23s,000.
LONG TERM CAPITAL
2 1, 7 0 9 .
8,388.
1s,000.
FORM 8949 B
3L2.
r 3 2 , 2 9 1 ,.
10,000,
7
GAIN OR
L O SS
49,688.
L60,000.
8
ADJUS TMENTS
TO GATN OR
cosT oR
Dfr!ED
STATEMENT
K1 )
2 , 4 L 8,
2 0 2, 9 4 9
32,051
GAINS AND LOSSES
STATEMENT
8
ADJUS TMENTS
Dfi!11D
DESCRIPTION OF PROPERTY
L41, , O44 DREYFUS CA A.I4T
FREE MUNI BOND FUND
988.707 CA IT TAX EXEMPT
INV
L7775.752 CA IT TAX
EXEMPT INV
TOTAL TO SCH D,
LINE
PRICE
2,000.
9
SCHEDULE D
1
49.
10,856.
r.0,846.
10.
19s,000.
t-95,000.
0.
2 0 7, 8 5 6 .
2 0 7, 7 9 7 .
59.
CAPITAL GAIN DISTRIBUTIONS
STATEMENT
TOTAL
CAPITAL GAIN
PROTECT SEC ADM
TOTALS TO SCHEDULE D,
LINE
GAIN OR
LOSS
Aq' ]
NAME OF PAYER
VANGUARD INFLATION
COST OR
TO GATN OR
OTHER BASTS L O SS
28t
GAIN
7 3 2.
13
S T A T E M E NST) ( 7 , 8 , 9
+BRAD,f
IITI
& I-JISA N K SHERMAN
RESTDENTTAL
SEE FOOTNOTE- lll-t
DC 20003
WASHTNGTON,
AMOUNT
D ES C RI P T I O N
L7L.
89.
67,
GARDENING
PEST CONTROL
DC BUSINESS & FRANCHISE TAX
CLEANING
TENANT INFO SERVICE
PAINT ING
TOTAL TO SCHEDULE E,
F O R M2 4 4 1
L0
STATEMENT
OTHER EXPENSES
SCHEDULE E
11
90.
180.
PAGE 1,
LINE
668
19
PERSONS OR ORGANIZATIONS WHO PROVIDED THE CARE
ID NO.
ADDRESS
NAME
11
STATEMENT
AMOUNT PAID
4 2, 2 2 r.
I-
6.830.
5-
6, r 4 2 ,
F O R M2 4 4 1
STATEMENT
QUALIFYING PERSONS
QUALIFYING PERSONS
MOLLY H
NAOMI C
I-,UCY R
S O CI A L
SEC NO
LAST NAME
FIRST NAME
SHERMAN
SHERMAN
SHERMAN
TOTAL TO F O R M 2 4 4 1 . P A G E ] . , L I N E
3
L2
QUALIFIED
E X P E N SE S
r-
rr
-I
'7
q (
111
1 q ?
S T A T E M E N T )( S1 0 , 1 . L , L 2
+BRADJ&LISANKSHERMAN
F O R M2 4 4 1
CREDIT LIMIT
ENTER THE AMOUNTFROM FORM 1040,
STATEMENT
WORKSHEET
LINE
46;
FORM 1040A,
LINE
28;
O R F O R M1 O 4 O N R , L I N E 4 4
ENTER THE AMOUNT FROM FORM 1040, LINE
LINE 45; FORM 1040A FILERS. ENTER 0
L3
27,34L.
47,
OR FORMlO4ONR,
SUBTRACT LINE 2 FROM LINE ].. ALSO ENTER THE AMOUNT O N F O R M 2 4 4 1 ,
T , I N E 1 0 , B U T I F Z E R O O R L E S S , S T O P ; Y O U CANNOT TAKE THE CREDIT
2 7, 3 4 L .
STATEMENT(S) ],3
--t
+BRADJ&LISANKSHERMAN
FUTA TAX LINE
SCHEDULE H
L4
SUM
PERCENTAGE
LINE ],3 WAGES
TIME PERIOD
STATEMENT
14
B E F O R E7 / L / 2 0 L L
9 , 9 8 7,
x .008
80.
AFrER 6/30/2011
9,986.
x .006
60.
F O R M8 5 8 2
ACTIVE
RENTAL OF REAL ESTATE
RESIDENTIAL _ SEE
FOOTNOTE
'I-T
W
A
S
H
I
N
G
TON, DC
I,
NET INCOME
NET LOSS
0.
587
-587.
TOTALS
F O R M8 5 8 2
RESIDENTIAL _ SEE FOOTNOTE - 1 WASHINGTON, DC 2 0 0 0 3
IIII
FORM
OR
SCHEDULE
STATEMENT
L O SS
GAIN
1
1",81-8
t?'t
-L ,23I.
L O SS
15
OVERALL GAIN OR LOSS
1,818.
AI.,LOCATION OF UNALLOWED LOSSES - WORKSHEET 5
NAME OF ACTIVITY
TOTALS
WORKSHEET 1
PRIOR YEAR
UNALLOWED
CURRENT YEAR
NA-T{EOF ACTIVITY
140.
TOTAL
H, LINE 14
SCHEDUIJE
RATIO
STATEMENT
1.6
UNALLOhIED
L O SS
SCH E
1,818 ]- 000000000
1,818.
1 , , 8 1 8 .1 . 0 0 0 0 0 0 0 0 0
1,818.
S T A T E M E N(TS ) 1 4 ,
15,
16
+BRAD .J & LISA
N K SHERMAN
F O R M8 5 8 2
ALLOWED LOSSES
WORKSHEET6
FORM
OR
SCHEDUI,E
NA]4E OF ACTIVITY
RESIDENTIAL - sEE FooTNoTE
W A S H T N G T o ND, c 2 0 0 0 3
-,
1,818.
1,818.
L,818.
l,,818.
S U M M A R YO F P A S S I V E A C T I V T T I E S
R
R
E
A NAME
X RESIDENTIAL
FOOTNOTE_ D
-lEl,
UNALLOWED
LOSS
1"7
ALLOWED
LOSS
ScH E
-I
TOTALS
FORM 8582
LOSS
STATEMENT
FORM
OR
PRIOR
SCHEDULE GAIN/LOSS YEAR C/O
NET
GAIN/LOSS
STATEMENT
UNALLOWED
LOSS
18
ALLOWED
LOSS
SEESCHE
TOTALS
-587.
t,231,.
1,818.
1,8r-8.
587.
-I ,23L.
1,818.
1,818.
PRIOR YEAR CARRYOVERS ALLOWED DUE TO CURRENT YEAR NET ACTIVITY
TOTAL TO FORM 8582,
INCOME
IJINE 16
qTATTFMI'NI,TI
/ < \
,1
?
1O
+BRADJ&LISANKSHERMAN
F O R M8 5 8 2
MODIFTED AGI
STATEMENT
19
INCOME
WAGES, SALARIES, TIPS ETC.
DIVIDEND INCOME
TAXABLE REFUNDS
ALIMONY RECEIVED
TAXABLE IRA DISTRIBUTIONS
TAXABLE PENSIONS AND ANNUITIES
UNEMPLOYMENT COMPENSATION
OTHER INCOME
INTEREST INCOME
ADD: SERIES EE AND I
l_95,080.
2 4 , 9 9 9,
5,787.
47.
EXCLUSTON
BUSINESS INCOME OR LOSS
ADD; PASSIVE LOSSES
SUBTRACT: PASSIVE INCOME
3,907.
?
SALE OF ASSETS
ADD; PASSIVE/RREA PROFESSIONAL LOSSES
SUBTRACT: PASSIVE INCOME
RENTAL, ROYALTY OR PASSTHROUGH INCOME OR LOSS
ADD: PASSIVE/RREA PROFESSIONAL LOSSES
SUBTRACT: PASSIVE INCOME
1'1
on7
111
L3,737.
FARM OR FARM RENTAL INCOME OR LOSS
ADD: PASSIVE/RREA PROFESSIONAL LOSSES
SUBTRACT: PASSIVE INCOME
TOTAL INCOME
2 3 5, 7 4 3 ,
AD.TUSTMENTS
MOVING EXPENSES
SELF.EMPLOYED HEALTH INSURANCE DEDUCTION
PENALTY ON EARLY WITHDRAWAL OF SAVINGS
ALIMONY PAID
KEOGH/SEP DEDUCTION
OTHER AD,JUSTMENTS
TOTAL ADJUSTMENTS
TOTAI, TO FORM 8582.
LINE
7
2 3 5, 7 4 3.
(S ) 19
STATEMENT
+BRAD .J & IJISA N K SHERMAN
F O R M8 5 8 2
ACTIVE
ALTERNATIVE MINIMUM TAX
WORKSHEET1
RENTAL OF REAL ESTATE
CURRENT YEAR
NET INCOME
NAI4E OF ACTIVITY
RESIDENTIAL'SEE
FOOTNOTE
II
WASHINGTON, DC
I,
LOSS
0.
)a
I
_ 1
F O R M8 5 8 2
ALLOCATION
GAIN
--l-,8L8
)'11
-1,818
ALTERNATIVE MINIMUM TAX
OF UNALLOWED I,OSSES _ W O R K S H E E T 5
FORM
OR
S CHEDULE
NAME OF ACTIVITY
20
OVERALL GAIN OR LOSS
I ,23I
TOTALS
RESIDENTIAL
PRIOR YEAR
UNALI-.,OWED
LOSS
STATEMENT
STATEMENT
UNALLOWED
L O SS
RATIO
L O SS
SCH E
SEE
FOOTNOTE TTTTIIT
D ,C 2 O O O 3
WASHINGTON
1,818.1.000000000
1,818
TOTALS
1,81"8 1.000000000
1_,8r-8,
F O R M8 5 8 2
NAME OF ACTIVITY
RESIDENTIAL
SEE FOOTNOTE - I
WASHINGTON, DC 2 0 0 0 3
IIl
TOTALS
STATEMENT
ALTERNATIVE MINIMUM TAX
W O R K S H E E T6
ALLOWED LOSSES
FORM
OR
SCHEDULE
UNALLOWED
LOSS
L O SS
22
ALLOWED
LOSS
SCH E
1,818
1,818.
1,818.
1,818
S T A T E M E NS
T )( 2 0 , 2 7 , 2 2
r-I
+BRADJ&LISANKSHERMAN
FORM 8582AMT
R
R
E
A NAME
X RESIDENTIAL
FOO'INOTE - II
S U M M A R YO F P A S S I V E A C T I V I T I E S
FORM
OR
SCHEDULE GAIN/LOSS
PRIOR
YEAR C/O
_ AMT
NET
GAIN/LOSS
STATEMENT
UNALLOWED
LOSS
23
ALLOWED
LOSS
SEESCH E
587,
587.
TOTALS
-L,23I.
L,23L.
-t-,818.
1,818.
1,818,
1,818.
PRIOR YEAR CARRYOVERS ALLOWED DUE TO CURRENT YEAR NET ACTIVITY
TOTAL TO FORM 8 5 8 2A]'{T . LINE
INCOME
1-6
(S ) 23
STATEMENT
+BRAD,f
& LISA
t-t
N K SHERMAN
F O R M4 5 6 2
PART I
BUSINESS INCOME
INCOME TYPE
STATEMENT
24
AMOUNT
WAGES
SCHEDULE C
SECTION 179 EXPENSE
195,080.
3 , 9 0 1.
2,284.
T O T A L B U S I N E S S I N C O M E U S E D I N F O R M4 5 6 2 . L I N E 1 1
L93,457.
S T A T E M E N T (S ) 2 4