Professional Documents
Culture Documents
L..... 1040 u.s. Individual Income Tax Return 2008 I~g IRS US:c Only - Do not W'l:e or stzmle In thiS spa.ce
Label ;::C~ 'Ole \'e2.~ Ja'l ~ .=-'1::>: 31,2006. or other 13.\ ve2r beglnnlllg 200f t"j'_"C,---
.. _ OMB No 15-1~-0074
I--Your f'rst nam~ and Irlltlal '----- Las; name Your soolal secur,!,' number
(Sec L ,
laDe!. H Home address (number and street). If )'OU Ilave a P.O. box. se~ pag8 14. r~pt. riO.
You must enler
Exemptions
6a LXJ Yourself Ii someone can claim you as a dependenl, do not check box 6a 1 ~r~~~S"~hde~~ej 2
bl~l§lou.£e . ----J No. of children
------~---:....:-~--I-· - - ' - 3 ) Depenacnl'S-': --11-4i/";fQL1allfJ' on 6c whc
C Dependents: I C) Depenaen~ s ~OCI;:11
I
I \ 'I.
security number
~. !nO adld tor C'
-+-
I , D e p e n d e n t s on Be
-.------ ------------r I
----------:----- I nut enlered above
Add nurnbE~S
22 Add tile amounts in tile far II Ilt column for lines 7 IInoual! 21. ThiS is vour total income . ~ i 22 I 282 609 . r
''''Clmen:o:lheh''ClJC' :
(?~;; I ,~or
To FHe U.S. Individual Income Tax Return
!~!)
I 2008
[Paft=n heve:1UC' Se"JIC( c.:1lenc:1' vea' :?l}J:: 0' ot'le r
T~_en-tificatTo-n------------=--'-~--~~_~=
'''O'.T t;':'OI'1"In<:; . 20']8, endlno
I Part II I - IndividuafincomeTax
2 '~:),JI ':,,-,s:;J: S"'c:url:',' nll:-,';J['- ~~ ;~:>.-,.;:'.e':::. ::;~j::'.J' :2eG,J'rtv 1',i.lm:::,iC'" ci:i/~rl Oi resident
. ~-~_: ~.:;!~~~
::c:.:", ,
Standilrd
Deduction lor -I If your spouse Itemizes on a separate return or yOil were a dual-status all-=n, see page 34 and cneck here .. 3gb
D i
• People who I c Check if slandard deduction includes real estate taxes or disaster loss (see page 34) ~ 39c 0 i
~~~c~~~,na;) ~ 40 Itemized deductions (from Schedule A) or your standard deduction (see left margin) . 40 I 59 r 200 .
;~~ g~bw~~ I
! 41 Subtract Ime 40 from line 38
I I
i-~--- 2 UL1_4_6J_._
~~a~~:d ac a i 42 If line 38 IS over S119,975, or you provided hOUSing to a Midwestern displaced mdlvldual, see page 36. I
9 380.
t*+-
dependent I OtherWise, multiply $3,500 by the total number of exemptions claimed on line 6d 42 1
i 43 Taxable income. Subtract Ime 42 from line 41. If line 42 is more than line 41, enter -0- 43 I 209 , 087 .
• All other.': ,I 44 Tax. Check if an"J tax is from: aD Form(s) 8814 b 0 For m 4972 44, 46. 3_._
_ _
iI lo,ntly
Married filing
or 48 Credit for child and dependent care expenses. Attach Form 2441
I
48
I
I
::Jda~~~r~ I' 49 Credit for ttle elderly or the disabled. Attach Scheduie R . U54~09! 1
I
S10 gOO 50 Education credits. Attactl Form 8863 I.."".
50--+ 1 _
1 52
$5000 Ciliid tax credil (see page 42). Attach Form 8901 if required ~h--------'-
I
l . . _ _ 53 Credits from Form: a [ ] 8396 b D 8839 c 0 5695 L-i:J~+------------
54 Other credits from Form: a D 3800 b 08801 c r-j Ls.iJ --~--------I
55 f\dd lines '17 tlJrough 54. These are your total credits 55 734 .
______.i6 Subtract Ime 55 from line 46. If line .55 is more tllan [lile 46, enle, -0- ~ ~ I ;5:6 ~j ~ 729 _!_
Other 57 Sell-employment tax. Attach Schedule SE 57 i ~~J3.l!_
Taxes 58 Unreported social security and Medicare tax from Form: a C 4137 b e 8919 r::t=8
59 Additional tax all IRAs, other qualified rek::ment plans, etc. Attach form 5329 If required 59 __
60 Additional taxes: a.
_______6_1__Add lilles 56 throu(ll~ 60. ThiS is your total tax
Payments 62 Fo',,,liewm' ,", with ho'd rcom fmm, W-' ,eO 1099
CJ
AEIC payments b L ! Household employment taxes. Attach Schedule H
<3 qualifying
Child, attach
I
b ~ontaxable combat pay election
I '"
~ L..§..4l. ------~-
L I
I I
'
I I
I Schedule EICJ 65 Excess social security and tier 1 RRTA tax wltilheld (see page 131)STHT 7 65! 10. I
66 Addltlona! child tax credit. Attach Form8812 I 66 I I I
67 Amoullt paid Witll request for extension file (see p~ge 61)
\0 L--rr-l ----r
68 Credits from Form: a D2439 b 04136 c I J8801 d D8885 ~_ ~--1 I
or Form 8888
73b ~
72 If line 71 is more than line 61, subtract line 61 tram line 71. This is tile amount you overpaid
73 a Amount of line 72 vou want refunded to you If Form 8888 is attached, chec~ here
Routing
b number
I ~ C Type
0 I ,-
8 ,.6... 69.
---j
c: 72 I
17~3=a-+I--
8 669.
r
Amount 75 Amount you owe. SUbtract Ime 71 from Ime 61. For details on how to pay, see page 65 . . .. _ ~ 75 1-- _
Third Party Do you want to allow another person to discuss tllis return WltI, tile IRS (see page 66)? lXJ Yes. Complete the following. D No
Designee ~~~~;ees~ PREPARER ~~one~ ~~~~~~:~'~~~llf'C"IIOn~
Sign Under penalties of perjury. I declare that I have examined thiS return and ac;companYlng schedules and statements, and to :ne best of my knowledge and belief. they are true, corre::!,
and complete. Declaration of preparer (other than tax.payer) IS based on all information of which preparer hil$ an)' knowledge
Here Your slgna.ture Date I Your occupation I Dayllme pllone number
JOint return?
See page 15
Keep a copy
for your
~ Spouse's signalure. If a JO'nl retur
--t- ---t-"~O~~V~E=R=N_'__'"O=R_~
I Spouse's occupal'on
~ _
records
CONSULTANT
Paid Preparer's DOlte Ctleck if self- Preparer's SSN or PTIN
2008
Interni:ll Revenue ServIce (99)
NClrnelSj sho ..... n on Form 1040 Your social security number
, 1
Medical Caution. Do not include expenses reimbursed or palo by others.
and 1
2
Medical and dental expenses (see page A 1) ..
Enter amount from Form 1040, line 38 L2.1 1-'1---c-
!
Dental
Expenses 3 Multiply line 2 by 7.5% (.075) -131
4 Subtract line 3 from line 1. If line 3 IS more than line 1, enter ·0· r 4,i
Taxes You 5 State and local (check only one box):
!
Paid a o Income taxes, or
}
SEE .. STATEMENT 11
5 2
8~l
(See b [X] General sales taxes
page A2) 6 Real estate taxes (see page A5) 16 4 866.1
7
8
Personal property taxes.
Other taxes. List type and amount
J. ~ I
I
~------------- ------------------------ I
8 i
-------------------------------------
9 Add lines 5 throuqh 8 . 19 I 7 704.
Interest 10 Home mortgage interest and points reported to you on Form 1098 clQ. t--.-12.1-2L8l
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 page A6 and show that person's name,
(See identifying no., and address I
I
page A5)
~-------------------- ----------------- 1
~12
L-----~
I
Note, 11 I
Personal
Interest is
12 Points not reported to you on Form 1093 _-----j
not 13 Qualified mortgage insurance premiums (See page A6) 1134 I
deductible. 14 Investment interest. Attach Form 4952 if required. (See p3ge A6) . .
i ,
_ _ _ _ _ _ _1'-"5'----A'-'-"-dd"-"-lin-"e'-'s'-1:..:0'-t'-h"-'ro,--'u='-'h-'1-'4~~~~~~~~~~~~~_~~~~~~--,----T~
_ _~ __--'1_1'-"5:-;-i_ _",1.:=2 [ 2 18 .
Gifts to 16 Gifts by cash or check . .. . SEE STATEMENT 9 16 37 986.
Charity 17 Other than by cash or check. If any gift of $250 or more, see page A8.
If you made a
(jlft and qat a
18
You must attacll Form 8283 if over $500
Carryover from pnor year
~-----
benefit for it,
see page A-7. 19 Add lines 16 through 18 1191 37,986.
Casualty and
Theft Losses 20 Casualty or theft loss(es1. Attach Form 4684. (See DaGe A8.\..
Job Expenses 21 Unreimbursed employee expenses· Job travel, union dues, job education, etc.
and Certain Attach Form 2106 or 21 06·EZ if required. (See page A·9.)
Miscellaneous I
~QliIQIt ~ANP_ r:RQF'.~S_S]:.9l1b-~_J2Q~S 6_2_.
~
Deductions
r2'-'-1+---
22 Tax preparation fees 22 750.1
(See
23 Other expenses· investment, safe deposit box, etc. List type and amount
~EIiQl1_K_-J_ ~ _:R~YQC_A_BJ,~_~~])~)2 _ '-1
page A·9) TRUST STATE AGREEMENT FBO
-------------------------------------
:RICX _P_El'-E-:¥ _I2TQ _9_-_1].:: ~ § I ,-2_1_0_. 23 7 210.
24 Add lines 21 through 23 24 On...... 8 ,
Other 28 Other· from list on page A·1 D. List type and amount
Miscellaneous ~
Deductions
---------------------------------~-------------I
-----------------------------------------------I~
j1sTHTJO~~ U
Total 29 Is Form 1040, line 38, over $159,950 (over $79,975 if married filing separately)?
Itemized L'..::J No. Your deduction is not limited. Add the amounts in the far right column
Deductions fm lines t, through 28. Also, enter this amollnt on Form 1040, iine 40. 59,200.
[X] Yes. Your deduction may be limited. See page A1 0 fer the amount to enter. I'
30 If vall elecl to itemize c!"rillctions even t:1Ouah they are less Ulan your standard deduction, Cllcck Ilere >- L'~
.'-'-'-"c:...:.:c"-"-~~"_-'="-'-- _
LHA 819501 11·10"'0 For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule A (Form 1040) 2008
4
14060812 786859 630 2008.03051 PERRY [ JAMES R. 630 2
Scr.eaules A&8 (Form 10401 200B GMB No 1545-087<1 Pogo 2
Name\s) shown on Form 1040 Do not enter name and social se:::LHlly nL..'mbe~ I~ shown on page 1 ! Your SD:::I()I security number
Part I List name of paye~_ If any interest is from a seiler-financed mortgage and the buyer used th" Amount
Interest property as a personal residence, see page 8-1 and list this interest first. Also, show that
buyer's social security number and add~ess ~
PLAINSCAPITAL BANK !
<----~-~~-
219.
FROM K-1 - J. R. PER=R,-"Y,----"C,.,.O,,-"-, _ ~ -----.l.2J-'
FROM K-1 -- REVOCABLE BLIND TRUST STATE AGR~EMEN~_
Note. If you
received a Form
1099-INT,
Form 1099-010,
fBO RICK PERRY DTD 9-13-96
=-~
f-------
f---
or substitute
statement from
a brokerage firm,
~
list the firm's
name as the
payer and enter
the total Interest
shown on that
form.
-----------------------
----I f---+-------
2 Add the amounts on line 1 2--l-- 17.2 __
3 Excludable interest on series EE and I US savings bonds Issued after 1989_ I
Attach Form 8815 3 I
4 Subtract line 3 from line 2. Enter the result here and on Form 1040, line 8a ~ I 4 377 .
Note. If line 4 is over $1 ,500, you must complete Part III. ~~-=---'I--'-+--- Amount
Part II
Ordinary
5 List name of payer
MELLON INVESTOR _SJ~RVICAS
~
. _
===_-_ 3.
Dividends MELLON INVESTOR SERVICES _ _---""2 8 •
FROM K-1 -:- R~YQ5:ABLE "BLINI2~' TRUST AGREEMENT FB_O_ I ~--- _
ANJ1'lLPERRY _ [ ---.ll2.....
,
FROM K-1 - REVOCABLE BLIND TRUST ~ThTE AGREEMENT
Note: If you FBO RICK PERRY DTD 9-13-96
received 2 Form
1099-01V or
substitute
statement from
a brokerage firm, 1-------------
list the firm's 5
name as the
payer and enter
the ordinary
dividends shown ~----- -----
on that form
r- -
~---~--
I--~~-~
1----
6 Add the amounts on line 5. Enter tile total here and on Form 1040, line 9a --------~~J ~_J QAl..
Note, If line 6 is over $1 ,500, yOLi must complete Part 111_
Part III
Foreign
Accounts
and
You must complete this part if you (a) had over $1 ,500 of taxable interest or ordinary dividends; or (b) h3d a foreign
account,J:Jr.,(Y) received a distribution from or were a grantor of, or a trClnsferor to, a foreign trust
7a At any tllll~ during 2008, did you hove an Interest III or a signature or otller authority over a financial account III a lorelgr~
cOllnlry, slIcll as a bank account. securities account, or otller financial account? See page R-2 tor exceptions <1:1d 1lllllQ
requireillents 101 ~orlTl TO F 90-22.1
_~~_
R II
I
'
res
I
No
_
_X __
Trusts b If "Yes," ,'nler tile 1111110 of the fOlel'1n countl'! ~
.~ During 20()2, did yOLi receive a disirilJl,t'OIl from, or :;cre y~l;-the grantor of, or trc,llsk,cr to, a foreign trltst:;--- II
1327501
11-11-08 If "Yes," you may Ilave to file Form 3520 See page B-2. X
LHA For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule 3 (Form 1040) 2008
5
14060812 786859 630 2008.03051 PERRY, JAMES R. 630 2
SCHEDULE D Capital Gains and Losses OMB No 1545-0074
(Form 1040)
Department of the Treasury
~ Attach to Form 1040 or Form 1040NR.
~
~ See Instructions for Schedule 0 (Form 1040).
Use Schedule 0-1 to list additional transactions for lines 1 and 8.
2008
Internal Revenue SerVice (99)
Name(s) shown on return Your $0:::1<)1 security number
_____ ",,""" wo>" "ce" i ,Mo "'P' , ,M, ,,' '" I -'-------t M," ","" l_s_u_bt_ca_c_tI_e!_from (el)
[ I ----1
-----------------------1~ l------f------- .----t------
I I i
I, I
-------------- I I I
i I
-------------- I 1 I
2 Enter your short-term totals, if any, from Schedule 0-1, Ime 2 I 2 - -- -
3 Total short-term sales price amounts.
Add lines 1 and 2 in column (d) I 3
4 Short-term gain from Form 62 52 and short-term gain or (loss) !
5
from Forms 4684, 6781, and 8824
t~et short-term gain or (loss) from partnerships, S corporations, estates. and trusts
I·-~-~------
6
from Schedule(s) K-l SEE STATEMENT 13
Short-term capita: loss carryover. Enter the amount, if any. from line 8 of you, Capital Loss I: II <212 ,In.;>
Carryover Worksheet In the instructions
171 <212,747.>
(a) DeSOI()tlon of properly (e) Dalesaid (d) I' (e) Cos: 01' I (I) Ga'n or (loSS)'
(Example. 100 sh XYZ Co.) .. (M o. d )
ay. yr.
S<lI'~S prlc~ I other ba~:__
~
Subtract (e) from (d)
8 -+---'----'----I--'------LL i I
-+ 1 1--,
--~~-=--- - - --
~
----t--T-
1--
j-
-l i
i
J____
I
l---
9-E-n-te-r-your-l~ng-.-te-r-m-t-o-ta-l-s-, 9 ~I,:9 1
1~=.~~-=
1;1
I-f'-a-n-y,-f-ro-m-S-c-h-edule 0-1, line I [_____
e'2'C511 11-08-08
6
14060812 786859 630 2008.03051 PERRY, JN1ES R. 630 2
Joneaule D rForm 10401 2008 J AME SR. & M. AN I TAP ERRY aoe 2
L£'art III I Summary -----------------------_.--------~-~------------
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.
e A loss, ski;:> lines 17 through 20 below. Then go to line 21 . Also be sure to complete line 22
• 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.
18
19
Enter the amount, if any, from line 7 of the 28% Rate Gain Worksheet on page 0·8 of the
instructions
Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet on
18
19
1------
I
21 If line 16 is a loss, enter here and all Form 1040, lille 13, or Form 1O,~ONR, line 14, the smaller of:
•
•
The loss on line 16 or
($3,008), or if married filing separately, ($1,500) } SEE STATEMENTJ,6 21 3 rOO 0 .)
Note. When figuring Wilich amount is smaller, treat both amoullts as positive Ilumbers.
22 Do you have qualified dividends on Form 1040, line 9b, or Form 1040NR, line 10b?
[XJ Yes. Complete Form 1040 throug~ Illle 43, or Form 1040NR through lille 40. Tlle:1 complete
tl18 Qualified Dividends and Capital Gain Tax Worksheet on page 38 of the Instructions
for Form 1040 (or in the Instructions for Form 1040NR).
I I No. Complete the rest of Form 1040 or Form 1040NF1.
820512 11-08-08
7
14060812 786859 630 2008.03051 PERRY, JAMES R. 630 2
SCHEDULE E Supplemental Income and Loss
(Form 1040) (From rental real estate, royalties, partnerships,
S corporations, estates, trusts, REMICs, etc.)
Department of the Treasury
Internal Revenue Service (99) ~ Attach to Form 1040, 1040NR, or Form 1041. ~ See Instructions for Schedule E(Form 1040).
Name(s) shown on return Your social security number
1TLGtthe type and address of each rental real estate properly: I 2 For each rental real estate property listed ifu~
ATRESIDENTIAL RENTAL PROPERTY I online1,didyouoryourfamilyuseit I I
k 51
-~
ps !Ii 7)J ~I
7 during the tax year tor personal purp.oses
for more than fhe oreater of:
I
I A x
B I
~
• 14 days or
. J. R. PERRY CO. - ROYALTY _ • 10% of the total days rented at lair rJ3-----
C
______ [
I rental value?
=r C
-+1
Properties Totals
Income:
I
----A------,--~-B-·-~ C (Add columns A, B, and C.)
~ 6'24°1 U~~~
3 Rents received
e Commissions CD ---------l____
I
i
--1
9 Insurance 9 I I
10
11
Legal and other professional fees
Management fees
10
11 J 1
I
----14-----
----
I
L-1L
=+= . =E
15 Supplies ---- - - -
16 Taxes
17 UtilltlCS
18 Otller (list) ~
16
17
J_ . -
---__ _
1 1
~ j
._-
_.
-
18 i I
_[ I __
--~_.-
24 Income. Add posillve amounts shown on line 22. Do not include any losses. 24
25 Losses. /\del royalty losses fron~ line 22 and rental real estate losses from line 23. Enter total losses here ,..1Li.
..
26 Total rental real estate and roy,1lt'l income or (loss). Comll:,!e I:nes 24 and 2S.i:nier the result tlere.
. ,
If f].arts II, III, IV, "nd line 40 on I'c'J'> Il,O no, apply 10 you, also C,her IbiS amOll,ll';.I, nrm 1040,
I
~J__------,l=....ol-,~~~_
0
line 17, or FOII1l 1040NR. rrne 18. Olliel ':i1S~, rnclude tillS amount in tile totnl on line 41 011 page 2
821491 11-10-CS LHA For Paperwork Reduction Act Notice, see instructions. Schedule E (Form HHG) 2000
8
14060812 786859 630 2008.03051 PERRY, JAMES R. 630
Scheaule E 'Form 1040\ 2008 Attachment Seauence No 13 Page 2
Name{s) shown on return 00 not enter name and ~;)clal security number If snown on page 1 Your social security number
~DI
~I_'~P_E_R_R_Y~C_O_'~~~~~~~ __~~~~~~='~~~_
f1-
Passive Income and Loss
= ±- I
75-1642655
--
I
(f) Passive loss allowed (g) Passive income (h) Nonpassive loss (i) Section 179 expense ?I (j) Nonpassive Iilcome
(attach Form 8582 if required) from Schedule K-1 from Schedule K-1 deduction from Form 4562~ from Schedule K-1
--
+== t
20,358.
=u=
l
--
29 a Totals
30
b Totals l
Add columns (g) and (j) of llile 29a
I
I
30
20L-~_~
20 / 358.
31 Add columns (f), (tl), and (I) of line 29b 31
32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter ttle
resull here and include Iil the tolal on line 41 below 32 20 358.
Part III Income or Loss From Estates and Trusts
I ( b ) Employer
33 (a) Name
I Identification number
~_~_
B
SEE STATE=M=E=N~T~1~7~ _ ~t-- ----~=
----rw-----
I
------ ------
~
----_._---------~~---
38 (a}_N_a_m_c
~
. __ (b) Employer
identification number
I (c) Excess inclUSion from d) Taxable Iilcome (net
[~~edules Q, line 2c \oss) fromlineSchedules
1b
a,
I (e) Income from
Schedules Q, llile 31J
1 I _ _---.J
e) ani. Enter the result here and include In the total on line 41 below
-------t---+-----~----
39
-----,--,---------_._ .... _ - -
40
Total income or (loss). Combine lines 26, 32. 37, 39, and 40. Enter the result here and all Form 1040, lin~ 17 or Form 1040Nfl. line 16 56,105.
Reconciliation of farming and fishing income. Enter vour gross farming and fistling income
rcported on Form 4835, line 7; Sclwclule K-1 (Form 10G5), box 14, code 13; Scl1Cdule f(-1
(Form 1120S), box 17, code T; and Schedule K-1 (Form 1Ot11), line 14, code F(see page E-8) !--,4'=-.2- ' - - - - - - - - - - - 1
43 R,;conciliation for real estate professionals. Ii you were a real eslale profeSSional (see p.lqe E-2).
entu the; ,-,et Income or (las:.:) you re~l'rtc:.J ,1I',:./v,'llere on Form 1C·1O or Form 1iJ4Gr-JR frorl~ Cl:1 rer'.tCiI le::1 estate
I 43 - - - - - - - - .. - ---
Schedule E(Form 1040) ;,C08
821501
11-10-')3
9
14060812 786859 630 2008.03051 PERRY, J.~ES R. 630 2
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1 2008
SCHEDULE E
Name JAMES R PERRY _ SSN/EIN
Passthrough;J R PE"-,R",R~Y=----"C~o.•. _ ID 75-1642655 TAXPAYER _
PARTNERSHIP
!
NONPASSIVE
SCHEDULE E, PAGE 2
L K-1 Input
I---------i
Guaranteed payments
E ---1-----j----
I 1---
t---~
I
l -----t-
t
Cost depletion
Percentage depletion ~ I ~
I For~M 4797
Section 1231 gain (loss) . I-- + I f------+ ---I
Section 179 recapture on disposition
______ SCHEDULED ---- l ~ I I ~
Net shon-t",rrn cap. gain (loss) ~ . _
[:~~i:n 125~~n~~c:~:2s:~~~ 1=
Net long-term cap. gain (loss) -- 1---_____ _ _
J --1=---------J
==i= d
! c-- _
Investm!".n~t .sc~.
interest expense - AI_ I --------- t-----__~
0'"" cd ,c,""mecH ,ocome ~ . I
[ ITEMIZED DEDUCTIONS I __ _ _
~ -- JI ~ ~
.i
Charitable contributions. .
De"".cto" "I,ted to portlolo 'pcome I
Oth"" . t=== -
83
f---
I _
L
I
83.
J
10
82155 ~
(1:.-25-03
INCOME FROM PASSTHROUGH STATEMENT, PAGE 2 2008
SCHEDULE E
r~",me JAI1ES --'L PERRY SSN/EIN
J
?~',ssthrough LR PE~R~R-"Y---,C"o,"",.~ _ ID __~J642655 _1'l;_X_PAYl';.~. _
PARTNeRSHIP
Prior Year Unallowed Disallowed Due to 'PrIOr Year Unallowed I Disallowed Due to Prior Year Passive Disallowed Passive
NONPASSIVE K 1 Input BasIs Loss BasIs limitation At-Risk Loss At·Rlsk Loss Loss Tax Return
L_ INTEREST AND DIVIDENDS
'''c''~1 '"come
Interest from U.S bonds I
m
i ~
>53'j
Ordinary dividends ! I
Qualified dividends I I I _ I -- I
Tax-exemp _ _
=i= -----E: W~
[
"FORM
"6251
""""co, : - - - - - j - - - j1
m,
t-==- I I --J t=---=t=----=--j-
t-----j ,-"--~
AdJUste~
DepreCiation
- -- - - ;after 12/31/861 _ _ _ _ _ ,
j =t
- adJustmen I __-{_
aln or loss
=3 l
_ -=r-- -+-- ----J-----:
_ __ .£11..
Olh,~ "~
's J""m," 6
±_
l __ .__
AM..T.. a.d.
[D,pl,l,o"
9
BeneTlcldry(0 I) _ _ _ __ __ _ I _
_.
I _
L 1 - -..
ther than 01 I _ _ __ . _
Self·employ.
MISCE.
g (1",jlW,g"
LLANEQUS
&flshlng 6~_.
. . . inc . ... .
2L
- - I -
_
26
~_
-- - =r l .
_
_ __
._j
-Royalties me"l ' 'letion
_+-=--1
_ _t
_ _ __ _ ___
GW%I"mm ' .' ' ' ' ' 9 '_"6,
. _ _
_ . ____._1ll6
. _._
. ,,,,,,/d,o
d g"""""1 ,1 - _
_ -+
~l
_ I
~
"Mlhhold'''9 ....
- . I
_~_ffi~ ~- ~ ~ ~ --~~--J~- ~~
1 I
Dependent care benefits
Retirement plans
C""II.,oo 10'0
Qualified production activities income
I- I _ _ t==--
Passthrough adjustment to Form 1040
Penaity on early withdrawal of savings 1-- _
NOL
Othor taYes/recapture of credits.
Credits
Casualty and theft loss J
j=- _
- I _- _ 1- __
11
521552
04~2 5-08
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1 2008
SCHEDULE E
Name li'l-:ES'----'R'-'-'-,----""-cE"R"-R,"Y'--- _ SSN/EIN
Passthrough REVOCbJildE "BLIND" TRUST AGREEMENT FEO ANITA PERRY 10 03-6092780 _ TAXPh.YER _
ESTATE OR TRUST ,----- f I - - I - ~ ,----------
_ i Prior Year Unallowed I
Disallowed _Due to PI ior Year Unallowed Disallowed Due to Prior Year Passive Disallowed Passive
OTHER PASSIVE I K 1 Input BaSIS Loss BaSIS Limitation At-Risk Loss At-Risk Loss Loss I Tax Return
[ SCHEDULE E, PAGE 2 I
t= .
~ ~
Dis;lliowed due to 65% limitation
Unreimbursed expenses (non passive)
r~onpassive other.
, i _ _ _ _ _l1 - - - - -
--
Total Schedule EO (page 2)
[-- FORM 4797
, +--+ ----
Section 1231 gain (loss) .
~~~kntint:~:~e.:~:~se-sch.A ~ ·---~------l--------
--I- '-- _
l---~_--'-'IT-"E"M!"-'IL.Z"'E-'='O....':D~,E"_'D~U~C~T!_'I~O'_'_'N~S'___+__- _
Charitable contributions
Deductions related to portfolio income
Other 1
I
I ±- C- - j
_
1
~
j
~
I
12
621551
04-25-08
INCOME FROM PASSTHROUGH STATEMENT, PAGE 2 2008
SCHEDULE E
Name JAMES~R,,-,--.~PO-E",-R,-,-R,,-,-=-Y _ SSN/EIN
Passthrough REVQc;:,a,BLE "BLIND" TRUST AGREEMENT FBO ANITA PERRY ID 03-6092780 _'I'MPA'L~L _
ESTl'.TE OR TRUST
*-
I PriorYear Unallowed I Disallowed Due to Prior Year Passive Disallowed Passive
OTHER PASSIVE I
K-1 Input ~-------'2aSiS LOS~ Basis Limitation, At-Risk Loss f- At-Risk I Loss Loss
Tax Return
l INTEREST AND DIVIDENDS I '
interest incorne I ,
Interest from U_S_ bonds ~
Ordinary dividends ~
Qualified dividends _
11~
Tax-exempt interest income _ I
\
Adjusl:::dgainorloss
FORM 6251
.'
Beneficiary's AMT adjustment.
Depletion (other than oil) -.
.
I
r=
I '
I
~
-
~
L- -- --1
,
I
L --- -
-~------
--- ----.
--------
F" MISCELLANEOUS f== f-- I ~ , -----
~
--------t
Seli employment earnings (Ioss)/Wages .----e,--- 1---
I--==t-------=Jf-.----
i
Cancell,,:,Oil of debt
I
~ E
t
------
I~ -+ -- -f
t=--==t=-----i
----+----------1
Retirement plans
Qualified protluction activities income
L-
I
------+----------- .-- - - - - -
---1-.
+=
---- - -
=-3---------
---
- -------
----.j
=1
; - --
~I
i
p
__
1
_ _ _ _ _J -
I
I f-------
~
-=-
---.l
t
-I - -----
--------- I
- - - - - l---.J
,
13
821552
04-25-08
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1 2008
SCHEDULE E
Name ,JA11E='-S----'-'R~.___"P_"E'_'_R"'R'_'Y'___ _ SSN/EIN '
Passthrough J\EVOCABLE BLIND TRUST STATE AGREEMENT FBO RICK PERRY DTD ID TAXPAYER,~ _
ESTATE OR TRUST
I ... ~PrlorYear Unallowe~sallowe~ Due ~r1or Year Unallowed f ,Disallowed Due tol Prior Year Passive Disallowed PassiveI ,-l
_-.l"9NP,\SSIVE ~ Input BaSIS Loss BaSIS Limitation At-Risk Loss At Risk I Loss Loss _-+- TaxR~1
L ~CHEDULE E, PAGE 2 I ~
Ordincly business income (loss) L__ 4~0
86 j
Rental real estate income (loss) I __
Guaranteed payments
~l-==-=
Cost depletion
Percentage depletion
Depletion carryover ,
~-~=-EIL2,~H'l~:>.1
Section 123', gain (loss)
~_SCHED_ULED
Net shorHenn cap. gain (loss)
Net long-term cap. gain (loss)
Section 1256 contracts & straddles
__
m..
----=<"-'3~5~
<212 8=-
~ +=
1= E .I =::::r:=-------- <_3~_L]J3]~
r FORM 4952
Investr'lent interest expense - Sch_ A
Oth8r I,et investment income
~it~:I~~~~~~~~~~CTIONS
Deduc\icns related to portfolio income
O\l,e:
'I
7 210.,
I
I
II
;
I
-t- ==t=
:I=-------t--
1. ~,
F--- =1
~
L
L
--E 7~nJL~
--I
14
821551
04-25-05
INCOME FROM PASSTHROUGH STATEMENT, PAGE 2 2008
SCHEDULE E
Ndme JAMES -,R,,-,,--,_P"--"'E'-'R'-'R-"-Y _ SSN/EIN • • • •_'..-
Passthrough REVOCABLE BLIND TRUST STATE AGREEMENT FBD RICK PERRY DTD 10 _Tt,XP AY'-'E"'R-'---_ _
ESTATE OR TRUST
I
I Prior Year Unallowed I DisallowedDue to Prior Year Unallowed Disallowed Due to Prior Year Passive Disallowed Passive
K·1 Input Basis Loss Basis limitation At-Risk Loss At Risk Loss Loss Tax Return
~~'-"J.l'-L"VV""" ~ ......
[
Other
MISCELLANEOUS =t= I-----~
Self-employment earnings (Ioss)/Wages
Gross farming & fishing inc t
-- .L..-_. --~
Royalties
Royalty expenses/depletion C --
~
Undistributed capital gains credit -
Backup withholding.
Credit fcr c'stirnated tax.
Cancellation of debt [
-+ =t=
t=
Medical insurance - 1040 1 ----------
Dependent care benefits I I
I
1= t
Retirement plans f-------.--
I
I
~
Oualltled production activities IIlcome ..
P,,,'h,0"9 h 'dJo"m'o' to foem 1040
Penalty on early withdrawal of savings
-----+
~lOL -
Other taxes/recapture of credits. I --
Credits
Casualty and theft loss t
I
_.
15
821552
O':-25-C3
Schedule of Mineral Interest Properties - Summary
•
Identifying Number! i Taxable income including NOL carryover. 209,087.
986.
~~::I~:~::p~:~~ention
Name
I o.
A
B
Depreciation
--
Amortization
Operating
Expense
+- Overhead
Expense
I
IDC
Expense
Dry Hole
Costs
C
D
E
F
- - - I- - - - - -
Other
Expenses
_. --------
Net Income
Before Depletion
------- -
% Depletion
1--- % Depletion Limited
to Net Income
- - - - -
% Depletion After
-
Quantity Limitations
- -
--r
I
- -
Adjusted
Basis
- - - - -
I
A 986. 986.
B I
C I
D
E
F
- - - - I- - - - - - - - j - - - - - - - - - - - - -- - - - - - - - - - - -
986.
- - -._-----
986.
- - - - - - - -
Beglnnln~ Production
Cost
Prior Year% Greater of Cost * Limited %
Recoverables Depletion
Depletion Carryover or % Depletion Depletion
I
A 986. 986.
B
C
D
E - - - - - ------ ------- - ------- - - - - - - - - - - - - - - - - I-- - - - - -
F 986. 986.
* Allowable Net Income
% Depletion C/O Excess • Net Income for
Excess Depletion
Depletion After Depletion
To Next Year IDC Excess IDC Calc.
A 986. <986.>
B
C
D
EI- _ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~----- -
F 986. <986.> I
813,01
1')-~,!-Ct1
JAMES R & --
M- ANITA PERRY _. --._-
Depletion Statement Number: 2 Depletion - Net Income 2008
Prop
No. I
Property
Description
Gross
Income
Roy,lty P,;d
Amortization
I S,",,,"ce
Tax
Operating
Expense
IDC
Expense
Dry Hole
Depreciation
Less 1245 Overhead OHler Net
Costs Recapture Expenses Expense Income
I
I
I
_I
I
I
~tal
I I I
!
I
I
I i
825551 O~-25-C8
JAHES R. & H. ANITA PERRY
i
II
I
!
I I
I
i
I
I
ITot81_L
I
825553 04-25-08
[
L I
I l I
JAME~ E. & M. ANITA PERRY
I Depletio" Statement Number:
2
Percentage, Cost and Preference Depletion - Page 2
.. 2008
I f
I
I
I ! I
L-~
I
I
I I
IT'" I.
I I
825311 O~-25-08
JAMES R. & M. ANITA PERRY - - - - - _ . _.. _ - -
Depletion Statement Number: 4 Depletion - Net Income
~
2008
Prop Depreciation
Property Gross Royalty Paid I Severence Operating IDC Dry Hole Less 1245 Overhead OUler Net
No. , Description Income Amortization j 1 ax Expense Expense Costs Recapture Expenses Expense Income
i I
r
2: I
I
I
i
I
I
I
I
I
I
I
~
I
825551 04-25-C3
I
i
I
I
I
--------'
,L
JAMES R. & M. ANITA PERRY
~---
--
Deolction Statement Number:
4
Percentage, Cost and Preference Depletion - Page 1
20084,
Prop Property I
Depletion Depletion Cost Cost or Due to 65% Allowable Excess
No. Description Accumulated Accumulated Excess
21
1
I
ITotal
I
825553 0":-25-03
Jp~ES R. & M. ANITA PERRY
-
4 Percentage, Cost and Preference Depletion - Page 2
2008
I I i Total Cost
Depletion I Remaining
..
Cost
Cost
Depletion
Prop Property Description Cost Accumulated Current Year Estimated from Basis After Beginning Current Year
I
I
No. Depletion from Total Cost
Depletion Payments Payments Payments Payments Res. for Cost Production Rate Production Depletion
--
i
I
i
I
I
I
I
I
I
Total --.L I I __ I_
32531 i 04-:~-06
u A.M..t;::; .t<.. .I:'.t;KK'i.
1
1=
I
I
Depreciation
Prop Property Gross Royalty Paid Severence Operating IDC Dry Hole Less 1245
Overhead Other Net
No. Description Income
Amortization Tax Expense Expense Costs Recapture Expenses Expense Income
I
I
,
i
Total
825551
I
O";'·::'5-C5
I
I
I
J
L.! A...r\l.t;::i K. l-'.t;KKJ:
6 Percentage, Cost and Preference Depletion - Page 1
Depletion Statement Number: 2008
Adjusted
Prop
I Percent Percent : Greater of Disallowed Beginning I Ending Basis for
I Property Depletion Depletion Cost Allowable
Cost or Due to 65% Accumulated Accumulated Excess Excess
No. I Description Carryover Depletion Depletion
Available Percent Limitation Depletion Depletion Depletion Depletion
:
I
I
I
I
I
I
ii I
I
i
II
I
ITotal I
825553 04-25-C8
-. . - . -. ~ ." .........
I
I
I ,
I
I
Total i
825311 04-25-:)8
OMS No 1545-0074
~ SCHEDULE SE
",. (Form 1040)
Department of the Treasury
• You had net earnings from self-employment from other than church employee income (line 4 of Short Schedule SE or line 4c of Long Schedule SE)
of $400 or more, or
• You had church employee income of $108.28 or more. Income from services you performed as a minister or a member of a religious order
Note. Even if you had a loss or a small amount of income from self-employment, it may be to your benefit to file Schedule SE and use either
"optional method" in Part II of Long Schedule SE (see page SE-4).
Exception. If your only self·employment income was from earnings as a minister, member of a religious order, or Christian Science practitioner and
you filed Form 4361 and received IRS approval not to be taxed on those earnings, do not file Schedule SE. Instead, write "Exempt-Form 4361" on
Form 1040, line 57.
Note. Use this flowchart only if you must file Schedule SE. If unsure, see Who Must File Schedule SE, above.
~
Science practitioner who received IRS approval not to be taxed or railroad retirement (tier 1) tax plus your net earnings from
on earnings from these sources, but you owe self-employment self-employment more than $102,OOO?
tax on otller earnings?
!
.. No
i:re you using one of the optional methods to figure your net
earnings (see page SE-4)? ~
.. No
No No
~
~ Security and Medicare Tax on Wages? f~,
• More than $102,000, multiply line 4 by 2.9% (.029). Then, add $12,648 to the result.
Enter the total here and on Form 1040, line 57 .. f-5=--'---- ~9 L.18 4--"-
6 Deduction for one-half of self-empiojlO1ent tax. Multiply line 5 by 50% (.5). 6 I .1
Enter the result here and on Form 1040. line 27 . ~_,~~~_~~.i........:"--.L. ~,---L5 9 2 °
LHA For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule SE (Form 1040) 2008
824501
11-11-08
26
Schedule SE (Form 1040) 2008 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
JAMES R. PERRY income ~ ~• • • • •II_
Section B - Long Schedule SE
Part I Self-Employment Tax
Note. If your only income sUbject to self employment tax IS church employee income, skip lines 1 through 4b. Enter ·0· on line 4c and go to
line 5a. Income from services you periormed as a minister or a member of a religiOUS order is not cllurcll employee income. See page SE·1.
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
1 a Net farm profit or (loss) from Schedule F, line 36, 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 page SEA) 1a
b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve
Program payments included on Schedule F, line 6b, or listed on Schedule K·1 (Form 1065), box 20, code X 1b
2 Net profit or (loss) from Schedule C, line 31; Schedule C·EZ, line 3; Sclledule 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 pg SE·1 for types of income to report on this line. See pg SE·3 for other income to report.
Note. Skip this line If you use the nonfarm optional method (see page SE·4).SEE.S'J:'A.'J:'EMEN'l' 19 2 26 118.
3 Combine lines 1a, 1b, and 2 3 26 118.
4 a If line 3 is more than zero, multiply line 3 by 92,35% (,9235), Otherwise, enter amount from line 3 . 4a 24 120.
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 24,120.
5a ~o~t~~~~i~i~~h:fr~~U~:p~:;I:;::~::;:m FormW·2. Seepage SE·1 ... ... . l5a I
~---'---L-----------1
1,--_~l~Oz..L~
W·2) and railroad retirement (tier 1) compensation, If $102,000 or more, skip
b
lines 3b through 10, and go to line 11
Unreported tips subject to social security tax (from Form 4137, line 10)
I ::
8=b+ _
Be
i-.
......... I I -
c Wages subject to social security tax (from Form 8919, line 10) L--'=--' ---j
Caution. You may use this method no more than five times,
17 Enter the smaller of: two·thlrds (2/3) of gross nonfarm income 4 (not less than zero) or the amQunt on
3 829. 1a 3,829.
b Check if line la is compensation for personal services as
an employee, your total compensation from all sources is
$250,000 or more, and you used an alternative basis to
determine its source (see instructions) ~D
Deductions and losses (Caution: See pages 13 and 14
of the instructions):
2 Expenses definitely related to the income on line la
(attach statement)
of the instructions)
b Other interest expense
5 Losses from foreign sources
~
~ARIOUS 734. 734.
I
r-
I j-------------
C II
8 Add lines A l!IIOllgll C, column (s). Entel tile totalhele and uri line 9, page 2
-
-- .. ~ s I 734.
LHA For Paperwork Reduction Act Notice, see separate instructions.
Form 1116 ("-OS)
811501
12-09-08
28
1 II IICII01 ') '70COI:Cl C')II T7\'lA'P("1 n
Form 1116(2008) JAMES R. & M. ANITA PERRY Page 2
I Part III I Figuring the Credit
9 Enter the amount from line 8. These are your total foreign taxes paid or accrued
for ttle category of income checked above Part I 734.
13 Subtract line 12 from line 11. This is tile total amount or foreign taxes available for credit, 13 734.
14 Enter the amount from line 7. This is your taxable income or (loss) from sources outside the 'I
United States (before adjustments) tor tile category of income checked above Part I f-1'-4'+ 3--'--6"--"9C-'S------,.
15 Adjustments to line 14 15
16 Combine the amounts on lines 14 and 15. This is your net foreign source taxable income.
(If the result is zero or less, you have no foreign tax credit for the category of income
you checked above Part I. Skip lines 17 through 21. However, if you are filing more than
one Form 1116, you must complete line 19.) 3 69S.
17 Individuals: Enter the amount from Form 1040,line 41 (minus any amount on Form
8914, line 2). If you are a nonresident alien, enter the amount trom Form 1040NR,
line 38 (minus any amount on Form 8914, line 2). Estates and trusts: Enter your taxable
income without the deduction for your exemption SEE STATEMENT 20 17 206 046.
Caution: If you figured your tax using the lower rates on qualified dividends or capital gains, see instructions.
18 Divide line 16 by line 17.lf line 16 is more than line 17, enter "1" 18 .017947
19 Individuals: Enter the amount from Form 1040, line 44. If you are a nonresident alien, enter the amount
from Form 1040NR, line 41.
Estates and trusts: Enter the amount from Form 1041, Schedule G, line 1a, or the total of Form 990-T,
lines 36 and 37 19 44 463.
Caution: If you are completing line 19 for separate category e (lump-sum distributions), see pg. 19 of the instructions.
20 Multiply line 19 by line 18 (maximum amount of credit) 20 79$..!
I
21 Enter the smaller of line 13 or line 20. If this is the only Form 1116 you are filmg, skip lines 22 tlHougll 26 and enter this
amount on line 27. Otherwise, complete the appropriate line in Part IV ~ 211 734.
I Part IV I Summary of Credits From Separate Parts III
22 Credit for taxes on passive category income 22
23 Credit for taxes on general category income 23
24 Credit for taxes on certain income re-sourced by treaty 24
25 Credit for taxes on lump-sum distributions, 2§._~ -I
26 Add lines 22 through 25 , 26
27 Enter tile smaller of Ime 19 or Ime 26 2LI- _ - 734.
~-------
81151 ,
12-09-08
29
OMS No 1545-0121
ALTERNATIVE MINIMUM TAX
F orm 1116 Foreign Tax Credit 2008
D epartment of the Treasury
(Individual, Estate, or Trust)
In ternal Revenue Service (99) ~ Attach to Form 1040, 1040NR, 1041, or 990-T.
Name Identifying number as shown on page 1 of youc tax return
g
Part I I
3 829. 1a 3,829.
b Check if line 1a is compensation for personal services as
an employee, your total compensation from all sources is
$250,000 or more, and you used an alternative lJasis to
determine its source (see instructions) ~D
Deductions and losses (Caution: See pages 13 and 14
of the instructions):
2 Expenses definitely related to the income on line 1a
(at1ach stalement)
3 Pro rata share of other deductions not definitely related:
a Certain itemized deductions or standard deduction - - I
I
b Other deductions (attacll statement) I
c Add lines 3a and 3b l--
d Gross foreign source income I 3 829.
for taxes
accrued
B =c ---L---------L_____
~~~~~--2:.~~-,1----,8,--1,-- __]~
C I I I I I
8 Add IIn8s 1\ tllrougll C, colullln (s). Enter the total here "Ill: ;ill line 9. page 2
UIA For P;Jpelwolk Reduction Act Notice, see separuio instructions. Form 1'116 \."Oll8)
8115D1
12-09-08
30
?nnQ n<()l:;1 DRDDV .Tl>MRQ D
ALTERNATIVE MINIMUM TAX
Form 1116(2008) JAMES R. & M. ANITA PERRY Page 2
I Part III I Figuring the Credit
9 Enter the amount from line 8. These arc your total foreign taxes paid or accrued
for the category of income checked above Part I 9 734.
15 Adjustments to IlIle 14 15
16 Combllle the amounts on lines 14 and 15. This is your net foreign source taxable income.
(If tile result IS zero or less, you have no foreign tax credit for the category of income
you checked above Part I. Skip IlIles 17 through 21. However, if you are filing more than
one Form 1116, you must complete line 19.) . 3 829.
17 Individuals: Enter the amount from Form 1040, IlIle 41 (minus any amount on Form I
8914, line 2). If you are a nonresident alien, enter the amount from Form 1040NR,
line 38 (minus any amount on Form 8914, line 2). Estates and trusts: Enter your taxable I
income without the deduction for your exemplion SEE STATEMENT 21 17 21 7 371.
Caution: If you figured your tax using the lower rates on qualified diVidends or capital gains, see instructions.
18 Divide line 16 by line 17. If line 16 is more than line 17, enter "1" 18 .017615
19 Individuals: Enter tile amount from Form 1040, line 44. If you are a nonresident alien, enter the amount
from Form 1040NR, line 41.
Estates and trusts: Enter the amount from Form 1041, Schedule G, IlIle 1a, or the total of Form 990-T,
lines 36 and 37 19 43,598.
Caution: If you are completing line 19 for separate category e (lump-sum distributions), see pg. 19 of the instructions
20 Multiply line 19 by line 18 (maximum amount of credit) 20 768.
~
21 Enter the smaller of line 13 or line 20. If this is the only Form 1116 you are filing, skip lines 22 through 26 and enter this
amount on IlIle 27. OtherWise, complete the appropriate line in Part IV 211 734.
I Part IV I Summary of Credits From Separate Parts III
22 Credit tor taxes on passive category income
23 Credit for taxes on general category income 23 1 ---------l
24 Credit for taxes on certain income re-sourced by treaty 241
25 Credit for taxes on lump-sum distributions
26 Add lines 22 througll 25 . 26
27 Enter the smaller of IlIle 19 or line 26 2l.f----- ___ _ .1J.-4_____
28 Reduction of credit for international boycott operations r 2=8'-t- _
29 Subtract line 28 from line 27. This is your foreign tax credit. Enter here and on Form 1040, IlIle 47;
Form 1040NR, line 44' Form 1041 Schedule G, line 2a: or Form 990-T IlIle 40a ~ 29 734.
Form 1116 (2008)
8i 1511
le-Og·OS
31
OM9 No 1545-0191
Investment Interest expense paid or accrued in 2008 (see instructions) SEE S TA'I'EHEN'I' 2 2 --'--+--
f-I ---=2.
2 Disallowed investment interest expense from 2007 Form 4952, line 7 2
3 2.
4 a Gross income from property held for investment (excludi ng any net
gain from the disposition of property held for investment ) STH'I' 23 4a 34 691
12,954.
c Subtract line 4b from line 4a
......... '14d
c-1 c
d Net gain from the disposition of property held for investm ent I
e Enter the smaller of line 4d or your net capital gain from the disposition
9 Enter the amount from lines 4b and 4e that you elect to Include in investment income
(see instructions)
40
6 Net investment income. Subtract line 5 from line 4h. If zero or less, enter -0 9,499.
I Part 11I11nvestment Interest Expense Deduction ~~------------- ~_._----------
8
Disallowed investment interest expense to be carried forward to 2009. Subtract line 6 from line 3.
If zero or less, enter -0·
Investment interest ex ense deduction. Enter the smaller of line 3 or 6. See Instructions ..... STMT .25
L 7 -+--
8
0""'.
2•
LHA For PLJpcrwork Reduction Act Notice, see separ::lte instructions. Form 4952 (2008)
818901
1J-2~08
32
1 I1f'1Cf'lQ1 ") '7Qt::Qt:::Q t::":1f'1 ") f'I f'I 0 f'I ":1 f'I t::: 1 n DD n 'U' c')n
Form 8903 Domestic Production Activities Deduction 2008
Department 01 the Treasury
~ Attach to your tax return. ~ See separate instructions. Attachment
Internal Revenue Service Sequence No 143
tJame(s) as s own on return I Identifying number
.tt=
2 Allocable cost of goods sold. If you are using the small business simplified
overall method, skip lines 2 and 3
3
3 Enter deductions and losses allocable to DPGR (see instruclions) /4 ! -------i
4 If you are uSing the small business simplified overall method, enter the amount
of cost of goods sold and other deductions or losses you ratably apportion to
DPGR. All others, skip line 4
7 Qualified production activities income from estates, trusts, and certain partnerships and S corporations (see
instructions) f---"7'----f-----~._-_00 _
8 Add lines 6 and 7. Estates and trusts, go to line 9, all others, skip line 9 and go to line 1D ~ _.------_._
12 Enter the smaller of line 1D or line 11. If zero 0, less, enter ·D· here, skip lines 13 through 19,
and enter ·D· on line 2D
13 Enter 6% of line 12
15 Form W·2 wages from estates, trusts, and certain partnerships and S corporations (see instructions)
16 Add lines 14 and 15. Estates and trusts, go to line 17, all others, skip line 17 and go to line 18.
18 Estates and trusts, subtract line 17 from line 16, all others, enter amount from line 16
23 Domestic production activities deduction. Combine lines 20 through 22 and enter the result here and on
:o-:-::-::-:-,-F.::..O...:.fI1,--l 1040, line 35; Form 1120, line 25; or the applicable line of your return
g;?i71.6s LHA For Paperwork Reduction Act Notice, see separate instructions. Form 8903 12008)
33
')()()Q ()':l()~1 D't;'ODV .T7'-M't;'C 0
Form 1116 u.s. and Foreign Source Income Summary
NAME
Rent/Royalty
12,511. 12,511.
StatelLocal Refunds
Partnership/S Corporation
26,118. 26,118.
TrustiEstate
24,222. 24,222.
Other Income
65,000. 61,171. 3,829.
Less:
Capital Losses
3,006. 3,006.
Capital Gains Tax Adjustment
Deductions:
BusinesslProfesslon Expenses 5,760. 5,760.
Rent/Royalty Expenses 986. 986.
Partnership/S Corporation Losses
Trust/Esfate Losses
Capital Losses
Non-capital Losses
Individual Retirement Account
Moving Expenses
Self-employment Tax Deduction 4,942. 4,942.
Self-employment Health Insurance
Keogh Contributions
Alimony
Forfeited Interest
Foreign Housing Deduction
Other Adjustments
Capital Gains Tax Adjustment
Total Deductions 11, 688. 11,688.
827931
04-25-08
34
I
Miscellaneous Deductions
Sublecl to 2% 2 469. 2 421 ~32Jo_'
Foreign Adjustment ,
Medical/Dental
I
Investment Interest
Casualty Losses
Gambling Losses
I
Foreign Adjustment ,
827871
04-25-08
35
Form 1116 Foreign Tax Credit Carryover Statement (Page 1 of 2)
NAME
or excess of limit ( - )
<7 287.> <64.1>
7. Foreign tax carryback
8. Foreign tax carryforward
9. Less treaty adjustment
<7 287.1> <64.1>
==
10. Foreign tax or excess limit remaining
Total foreign taxes from all available years to be carried to next year
or excess of limit ( - )
-
2000 1999
1. Foreign tax paid/accrued
2. FTC carryback to 2008
or excess of limit ( - )
827915 03-06-0'J
36
.. ----------------
01 excess of limit ( - )
<6 561.> <34. I>
7. Foreign tax carryback
B. Foreign tax carryforward.
9. Less treaty adjustment
10. Foreign tax or excess limit remaining
<6 56l. I> <34. I>
Total foreign taxes from all available years to be carried to next year
---
or excess of limit ( - )
2000 1999
1. Foreign tax paid/accrued
2. FTC carryback to 2008
or excess of limit ( - )
827916 03-06·03
37
JAMES R. & M. ANITA PERRY
Depletion 65% of Taxable Income Allocation 2008
lP· R .
0'
I
PERRY CO. 986. 1. 000000 986. 986. 1.000000 986.
21
I
, I
W
825531 04-25-08
986. 1.000000 986. 986. 1. 0000001 986.
J~iES R. & M. ANITA PERRY
~.
DESCRIPTION AMOUNT
39 STATEMENT(S) 1
1. IS THE AMOUNT ON FORM 1040, LINE 38, MORE THAN THE AMOUNT SHOWN ON LINE 4
BELOW FOR YOUR FILING STATUS?
NO. STOP. MULTIPLY $3,500 BY THE TOTAL NUMBER OF EXEMPTIONS CLAIMED
ON FORM 1040, LINE 6D, AND ENTER THE RESULT ON LINE 42.
YES. CONTINUE
SINGLE $159,950
7.
°.00 0 4 TO 1) . . . . . . . . . . .
MULTIPLY LINE 6 BY 2% (.02) AND ENTER THE RESULT
16 .
AS A DECIMAL. . . . . . . 0.32
8. MULTIPLY LINE 2 BY LINE 7 3,360.
9. DIVIDE LINE 8 BY 3 1,120.
10. SUBTRACT LINE 9 FROM LINE 2. TOTAL TO FORM 1040, LINE 42. 9,380.
FROM K-1 - REVOCABLE BLIND TRUST STATE AGREEMENT FBO RICK PERRY 1,011.
40 STATEMENT(S) 2,
3
J~iES R. & M. ANITA PERRY
LINE 9
41 STATEMENT(S) 4, 5
"
JAYIES R. & M. ANITA PERRY
ORDINARY QUALIFIED
NAME OF PAYER DIVIDENDS DIVIDENDS
42 STATEHENT(S) 6
TAXPAYER SPOUSE
T
S DESCRIPTION AMOUNT
43 STATEMENT(S) 7, 8, 9
')()()Q ()-:l()[:;1 DVDDV T7\MVC' D c:.-:l() ')
JAMES R. & M. ANITA PERRY
SUBTOTALS 37,986.
44 STATEMENT(S) 9
1 A 1"'1 CI"'IO 1 r) '70COCCl C'JI"'I '1""0 (\")f\C1 nT:"nn"v T1\"lA"T:"l""1 'ii C'JI"'I
JAMES R. & M. ANITA PERRY
DESCRIPTION AMOUNT
45 STATEMENT(S) 10, 11
?nnR _ n1nl;1 PR'R'RV .T~MRC; 'R_ h1n ?
JANES R. & M. ANITA PERRY
46 STATEMENT(S) 12
TOTAL
N.~E OF PAYER CAPITAL GAIN 28% GAIN
LINE 15 . . . . . . . . . . . . . .
9 . ENTER THE LOSS FROM SCHEDULE D, LINE 15, AS A POSITIVE AMOUNT. 354,776.
10. ENTER THE GAIN, IF ANY, FROM SCHEDULE D,
LINE 7 . . • . . • • • • . •
11. SUBTRACT LINE 5 FROM LINE 4. IF ZERO OR LESS,
ENTER - 0 - ••• • •
12. ADD LINES 10 AND 11 . . . .
13. LONG-TERM CAPITAL LOSS CARRYOVER TO 2009.
SUBTRACT LINE 12 FROM LINE 9. IF ZERO OR LESS, ENTER -0 354,776.
48 STATEMENT(S) 16, 17
14060812 786859 630 2008.03051 PERRY, JAMES R. 630 2
JM1ES R. & M. ANITA PERRY
STATEMENT 18
DESCRIPTION AMOUNT
DESCRIPTION AMOUNT
49 STATEMENT(S) 18, 19
14060812 786859 630 2008.03051 PERRY, JAMES R. 630 2
JAMES R. & M. ANITA PERRY
50 STATEMENT' ( S) 20
?nnp,. n~nl:)1 PRRRY . •T.ll.MR.q R_ h~n ?
Jill1ES R. & M. ANITA PERRY
DESCRIPTION AMOUNT
DESCRIPTION AMOUNT
DISALLOWED ALLOWED
INVESTMENT INVESTMENT INVESTMENT INVESTMENT
FORM OR INTEREST INTEREST INTEREST INTEREST
NAME SCHEDULE EXPENSE EXPENSE C/O EXPENSE EXPENSE
TOTALS 2• o. 2•
52 STATEMENT(S) 24, 25
? (H) ~ _ () -:{ () t:; 1 PH'RRV .TIl MRQ R h-:{() ?