- WI eo sap e In IS space.

For the year Jan 1 . Dec 31,2005, or other tax year beginning , 2005, endmg ,20 OMB No. 1545·0074
Label Your first name MI Last name Your social security number
(See instructions.) WILLIAM H WHITE
If a joint retum, spouse's first name MI Last name Spouse's social security number
Use the
IRS label. ANDREA FERGUSON . -
Otherwise, Home address (number and street). If you have a P.O. box, see mstructions. Apartment no. '~~Youmusl erl'ter Your
please print 101 STABLEWOOD COURT social security
or type. A nurnoerrs) above. A
City, town or post office. If you have a foreign address, see instructions. Slate ZIP code
Presidential HOUSTON TX 77024 Checking a box below will not
Election change your tax or refund, Form 1040

Campaign

... .. 1

~ .

Department of Ihe Treasury - Internal Revenue Service

U.S. Individual Income Tax Return

! (99)

IRS Use Only Do not rit r t I tn

2005

~ Check here if you, or your spouse if filing jointly, want $3 to go to this fund? (see instructions) ,." ~ You !ill Spouse

2

Single 4 Head o~ household (with qualifying person). (See instructions.) If the qualifying person is a child but not your dependent, enter this child's

Married filing separately. Enter spouse's SSN above & full name here ....

name here. . ... 5 0 Qualifying Widow(e-r)-w-it-h-d-ep-e-nd-e-nt-c-h-ild-(-se-e-in-s-tr-uc-ti-on-S)----

Filing Status

Check only one bax.

Married filing jointly (even if only one had income)

3

Exemptions

6a b

If more than

four dependents, see instructions.

c Dependents:

STEPHEN WHITE

Income

d Total

Attach Form(s) W-2 here. Also attach Forms W·ZG and l099-R

if tax was withheld.

1f you did not get a W·2,

see instructions.

Enclose, but do not attach, any payment. Also, please use Form l040-V.

Adjusted Gross Income

7 Wages, salaries, tips, etc. Attach Form(s) W-2 , .. f--.:__t----=~;.L.::::.::;..::--:-

8a Taxable interest. Attach Schedule 8 if required , .

. b Tax-exempt interest. Do not include on line 8a ...........•.. '_..::.="- -=:....::;.J;...;:::_::_::_:_I

9a Ordinary dividends. Attach Schedule B if required " .

b g~~lli~~~~ ......••••........•. , ..•.•....• , ••...•.. , .....•.. 1c__9::._:::b_,__ -==-L-=._:_::_:_

10 Taxable refunds, credits, or offsets of state and local income taxes (see instructions) , I--'--=--+- ~ __

11 Alimony received , t-.;_+---------

12 Business income or (loss), Attach Schedule C or C-EZ , r-:-=--t----=:..L.:O;_;;:-::..<...,~~

13 Capital gain or (loss). Att Sch D if reqd. If not reqd, ck here , .. , D

14 Other gains or (losses). Attac,h Form 4797 , ',' t-----1t----------

15a IRA dist~ibutio,ns 15a' b Taxable amount (see instrs) . 'r;:.::.t--------

16a Pensions and annuities 16a b Taxable amount (see instrs)

17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E . 'I--"~f-,--------=._::_

18 Farm income or (loss). Attach Schedule F , \-'-.::__t----------

19 Unemployment compensation , 1--"-=---/---------

20a Social security benefits 1 20al I b Taxable amount (see instrs) .. I-.=.=:.t----------

21 Other income _§!;If. J31'~~E.!.'1.P!T + _ __;_+- __ ___,""";::c!...~~

22 Add the amounts in the far ht column for lines 7

23 Educator expenses (see instructions) , 1--==-+-- _

24 Certain business expenses of reservists, performing artists, and [ee- basis

government officials. Attach Form 2106 or 2106·EZ ,. f--=-"--li---------

25 Health savings account deduction. Attach Form BBB9 !-="-"f---------

26 Moving expenses. Attach Form 3903 I--==--I-----:-:::--:=-::--::--

27 One-half of self-employment tax. Attach Schedule SE ~~f-----=~:_::_:::'_::_

28 Self-employed SEP, SIMPLE, and qualified plans. '" I--==---I- ~'-'-:c.::..:;:._:_

29 Self.employed health insurance deduction (see instructions) 1-"'-=--+---------

30 Penalty on early withdrawal of savings , ~::....jr--------

31 a Alimony paid b Recipient's SSN ....... _

32 IRA deduction (see instructions) ~:=....j -_

33 Student loan interest deduction (see instructions) I--==-.J---------

34 Tuition and fees deduction (see instructions) , !-=_:_-/- _

35 Domestic production activities deduction. Attach Form 8903 .. , '-"'=-.!- -----,

36 Add lines 23 . 31 a and 32· 35 , , .. , , .

37 line 36 from line 22. This is ross

BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions.

FDIA0112 11107105

Tax and 38 Amount from line 37 (adjusted gross income) .

Credits 39a 9.heck _[ B You were born before January 2, 1941. B Blind. Total boxes

,..---------, If. Spouse was born before January 2.1941, Blind. checked ~ 39a

g~aJ'udc~r~n b It your spouse itemizes on a separate return, or you were a dual-status

lor _ allen, see Instructions and check here .

• People who 40 ltemlzec deductions (from Schedule A) or your standard deduction (see left margin) .

checked any box 41 Subtract line 40 trom line 38 .

on line 39a or 42

39b or who can be ctairnedes a dependent, see instructions.

II line 38 is over $109,475, or yuu provided nousing to a person displaced by HurriC8ne Katrina, see I

i nstr lICti on s. OthelWise, m u I tip Iy $3,.lOO by the 10 ta 1 number of e~emplions cia imed on lin e 6d .. . . . . . . . . . . . . ..

43 Taxable Income. Sublract line 421rom line 41. ~;;;....+-------.:...:..

II line 42 is more lhan line 41, enter ·0· , ..................................•..... , ~'::;_+- _ ___;:"<""::;"::_;:..L..=";;"';_

44 Tax (see instrs). Check if any tax is from: a DForm(s) 8814 b 0 Form 4972 ,

45 Alternative minimum tax (see instructions). Attach Form 6251 '" .

~~--------------

46 Add lines 44 and 45 .. ., .

47 Foreign tax credit. Attach Form 1116 if required J---!.1f7:........:1- --=:.L..::::..::,.::!...:..

4S Credit for child and dependent care expenses. Attach Form 2441 J---!.~I--------

49 Credit for the elderly or the disabled. Attach Schedule R j-.:.::~ _

50 Education credits. Attach Form 8863 "J--=.~I--------

51 Retirement savings contributions credit: Attach Form 8880 J--=..!........il--------

52 Child tax credit (see instructions). Attach Form 8901 ii required ......•...• J.....=:~I----~---

53 Adoplion credit. Attach Form 8839 . j....::::~I- _

54 Credits from: a 0 Form 8396 b 0 Form 8859 .

55 Other credits. Check applicable box(es): a 0 Form 3800

L...- _..J b 0 ~br c 0 Form

56 Add lines 47 through 55. These are your total credits , ', ~~I- "";;'':'''';;-=-=~

line 46. If line 56 is more than line 46

Form

• All others:

Single or Married filing separately, $5,000

Married filing jointly. or Qualifying widow(er), $10,000

Head of household, $7,300

Other Taxes

Refund

DirEM:1 deposit? See instructions and fill in 73b, 73c, and 73d.

Amount You Owe

'.

j

& ANDREA

I"

WILLIAM H W

70 71

238 021.

72

75 Amount you owe. Subtract line 71 from line 63. For details on how to pay,

76 Estimated tax .

Third Party Designee

Do you want to allow another person to discuss this relurn with the IRS (see instructions)? Yes. Complete the following.

De~ignee'5 Pho<1~ Personal identHicalion

name • Preparer flO. • nllnlt)er(PIN)'"

Sign Here

Joint return? See instructions.

Keep a copy

for your records.

Paid Preparer's

Use Only

Und er pe na I ties of p arJury. I de cia re that I haVtl exam [ned this relum and a ccom panyiRg sene du les an d state me nts, a nd to .the best 01 my knowledge and bellel, they ale true. correct, and complet e, Declaraticm of preparel (other than ta~payer) is based on alliniormst.ion of whrch pre parer has any knowledge.

YOU! signatur&

~-------------------------+------~~~---------1

signature. If a joint return, both must sign.

Form 1040 (2005)

FDIA0112 11I07JaS

SCHEDULE A (Form 1040)

.'-\",

t',

OMS No, 1545·0074

Itemized Deductions

2005

~ Attach to Form 1040.

~ See Instructions for Schedule A (Form 1040).

Department of the Treasury

Internal Revenue Service (99)

Attachment Sequence No. 07

Name(s) shown on Form 1040

WILLIAM H WHITE & ANDREA

Your social security number

Medical and Dental Expenses

Taxes You Paid

(See instructions .)

Interest You Paid

(See instructions .)

Note. Personal interest is not deductible,

Caution. Do not include or paid by others.

Medical and dental expenses (see'

2 Enter amount from Form 1040, line 38 !__:2::.......J'-- I""o;;::'''.1

3 Multiply line 2 by 7.5% (.075) '.,.,"","""", \",.",;:::......1. _

4 S line 1. If line 3 is more than line 1 enter ·0-

3,147.

10 Home mtg interest and points reported to you on Form 1098 ..... ,', .. ",.,.

11 Home mortgage interest not reported to you on Form 1098, If paid to the person from whom you bought the home, see instructions and show that person's name, identifying number, and address ~

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -1-...;..;,..-1--------

12 Points not reported to you on Form 1098. See instrs for spcl rules, , ,. , , , '. , ,. !--'-!- _

13 Investment interest. Attach Form 4952 if required.

(See instrs.) , ,." , ,."., '.' .. , .. ,., .. ,.,. I....,;".;:._:.- :;:_;_..L...;;.:.::::.;:::...;_

14 Add lines 10 through 13 ,'" ", " ... , .. , .... ,'"

57,858.

Gifts to Charity

If you made a gift and got a benefit for it, see instructions.

15a Tota! gifts by cash or check, If you made any gift of $250 or

more, see instrs ,", ... ,.,.,........... ..,.,.""", .. ,, ....

b Gifts by cash or check after August 27, 2005, that you elect to treat as Qualified

contributions (see instructions) .. , . , L....:.C15::....::.JL.....-. _

16 Other than by cash or check, If any gift of $250. or more, see instructions. You must attach Form 8283 if

over $500 ,.,.,.,.,., , ,." .. " , .. r-=-:::-l--------

17 Carryover from prior year .. ".,."., .. , ,",.,.," .L...,,;,.;__'-- _

18 Add lines 15a, & 17 , "."., .. ', .. ,." , .

16

1.

Casualty and

Theft Losses 19

Job Expenses 20 Unreimbursed employee expenses - job travel, union dues,

and Certain job education, etc. Attach Form 210.5 or 21 o.5-EZ if

Miscellaneous required. (See instructions.) ~

Deductions - - - - - - - - - - - - - -

(See instructions.)

-------------------------------r-:::~--------

21 Tax preparation fees , . , . , , , , , , , .. , . , .

22 Other expenses - investment, safe deposit box, etc. Ust

type and amount ... _

l'I_:h~~el1.c;t._fl!l91:!.s_ ~~e.!.l~"=-s 2_jL Q_4_4...:f-.==-+- ..:::..:;:..!.....::....:~

23 Add lines 20 through 22 , , . , , , , .. , , . , . , . , , , , ~~I-- __ ---=~'-=-'::""::"":"

24 Enter amount from Form 1040, line 38 1 24 4 594 278.·

25 Multiply line 24 by 2% (,0.2) , ,"'.',.,,' ~=.....1 ~.;:;...!.c....:...::...;:_.:..

26 Subtract line 25 from line 23, If line 25 is more than line enter

o.

Other Miscellaneous Deductions

27 Other - from list in the instructions. List type and amount ~ _

o.

Total Itemized Deductions

28 Is Form 10.40., line 38, over $145,950 (over $72,975 if MFS)?

DNo.

Your deduction is not limited. Add the amounts in the tar right column for lines 4 through 27. Also, enter this amount on Form 1040, line 40,

Your deduction may be limited. See instructions for the amount to enter.

Itemized Deductions Limited per IRe Sec. 58.

BAA For Paperwork Reduction Act Notice, see Form 1040 instructions.

FDIA0301 11118105

Schedule A (Form 1040) 2005

Name(s) shown on Form 1041l.

Schedule B (Form 1040) 2005

OMS No. 1545·0074

Page 2

WILLIAM H WHITE & ANDREA FERGUSON

You~s"cl~1 security number

Schedule B - Interest and Ordinary Dividends

Attachment Sequence No. 08

Part I Interest

(See instructions for Form 1040, line 8a.)

Note. If you received a Form 1099·INT, Form 1099·010, or substitute statement from a blo~erage firm, list the firm's name as the payer and enter the total interest shown an that form.

~~~~o~~l _

1'~~-_E~~I!!Pj:_~n_t.§~e_s~ -f---I----.....:::...::...t..=~

2 Add the amounts on line 1 .

3 Excludable interest on series EE and I U.S. savings bonds issued after 1989.

Attach Form 8815 " .

1 List name of payer. If any interest is from a seller-financed mortgage and the buyer used the property as a personal residence, see the instructions and list this interest first. Also

show that buyer's social security number and address ~ .. ~

JPMORGAN PRIVATE BANK

------------------------~---------~-~~------

FRONTERA

GOLDMAN SACHS

-----------~---------~----------------~-----

99~~Mb~y~Q~~ _

SMITH BARNEY

----------------------~~--------------~-----

~~~~~§~R~~I _

IRS

4 Subtract line 3 from line 2. Enter the result here and on Form 1040, line Sa

Amount

710.

28,634.

1r253.

16,254.

119.

228.

13.

47,211-
-16,254.
2 30,957.
3
4 30,957.
Amount

155,728.
7,230.
301. Note. If line 4 is over $1 ,500,_y_ou must complete Part III.

Part II Ordinary Dividends

(See instructions for Form 1040, line 9a.)

Note. If you received a Form 1099·01Vor substitute statement from a bro~erage firm, list the firm's name as the payer and enter the ordinary dividends Shown an that form.

5 List name of payer ... ~ _

9Q~~~~y~Q~~ _

~~~~~~~RB~r _

BJ SERVICES

~~~--~---------------------~-~--------------

5

6 Add the amounts on line 5. Enter the total here and on Form 1040, line 9a ~ 6

------------------- ------ --- ------------ ----f---f---------

163 259.

Part III Foreign Accounts and Trusts

(See instructlons.)

You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; or (b) had a foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust.

7a At any time during 2005, did you have an interest in or a signature or other authority over.a financial account in a foreign country, such as a bank account, securities account, or other financial account? See instructions

for exceptions and filing requirements for Form m F 90·22.1 .

b If 'Yes,' enter the name of the foreign country .. ~ _

8 During 2005, did receive a distribution from, or were you the grantor of, or transferor to, a foreign trust?

If' file Form 3520. See instructions . .

BAA For Paperwork Reduction Act Notice, see Form 1040 instructions.

FOIA0401 07129105

Schedule B (Form 1040) 2005

SCHEDULE C (Form 1040)

)

Profit or Loss From Business (Sole Proprietorship)

.. Partnerships, joint ventures, etc, must file Form 1065 or 1065-B.

.. Attach to Form 1040 or 1041. .. See Instructions for Schedule C (Form 1040).

Social security number (SSN)

Name at proprielor

WILLIAM H WHITE

A Principal business or profession, including product or service (see inslruclions)

o Employer ID number (EI N), if any

BOARD FEES, INVESTMENT MANAGEMENT

C Business name. If no separale business name, leave blank.

BOARD FEES, INVESTMENT MANAGEMENT

OMB No. 1545·0074

2005

09

Atlachmenl Sequence No,

BEnter c-;do from instructions

.. 541600

E Business address (including suile or room no.)" 1 0 1 STABLEWOOD COURT

City town or post office state and liP code - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ,

, " HOUSTON, TX 77024

F Accounting method: (1) ~ Cash (2) 0 Accrual (3) 0 Other (specify) .. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ G Did you 'materially participate' in the operation of this business during 20057 If 'No,' see instructions for limit on losses .. ,. IRT Yes

If started or uired check here. . . . . . . . . . . . . . . . , , .. , ...

Gross receipts or sales. Caution. If this income was reported to you on Form W·2 and the 0

'Statutory employee' box on that form was checked, see the instructions and check here ...

2 Returns and allowances , , ,. r--~+---------

3 Subtract line 2 from line 1 , , , I---j-----=-.c....;:.~'_"_';;....::...=....:...

4 Cost of goods sold (from line 42 on page 2) ,.,.,., , I-~f--------

Office expense ... , ..... , ..... " .. , ... , .1--'-'=--+- _

9 Car and truck expenses 19 Pension and profit-sharing plans

(see instructions) .. " ..... , .... 1--'---1- 1 20 Rent or lease (see instructions):

10 Commissions and fees,........ a Vehicles, machinery, and equipment

11 Contract labor b other business property r:-'-"'-t--------

(see instructions) .. , . . . . . . . . . . . 21 Repairs and maintenance , , .. , .. '1--_+- _

12 Depletion, ... , .. ,............. 22 Supplies (not included in Part III) , .. 1-----1f---------

13 Depreciation and section 23 Taxes and licenses , ., , .

179 expense deduction T d t t· t

(not included in Part III) 24 ravel, meals, an en er amrnen :

(see instructions) , . . . a Travel , j--=-..:...::.+- _

14 Employee benefit programs

(other than on line 19) I-'-"-t---------I b Deductible meals and entertainment 1-=...:..:::..1--------

15 Insurance (other than health) 25 Utilities , I-""=--t--------

16 Interest:

26 Wages (less employment credits) ... , .... r=::.._j---------

a Mortgage (paid to banks, etc) I-'-'-"-t---------I 27 Other expenses (from line 48 on page 2)

bOther , f-'-'---j---------I

17 services ..

29 Tentative profit (loss). Subtract line 28 from line 7 ,., ',' 'I--"'~ __ ..;:...s....;.::.~<-..:...;,...:;.~

30 Expenses for business use of your home. Attach Form 8829 , , '1-_1- _

31 Net profit or (loss). Subtract line 30 from line 29, _

• If a profit, enter on Form 1040, line 12, and also on Schedule SE, line 2 (statutory ~

employees, see instructions), Estates and trusts, enter on Form 1041, line 3, ' ..

• If a loss, you must go to line 32. _

32 If you have a loss, check the box that describes your investment in this activity (see instructions).

28 Total expenses before expenses for business use of home. Add lines 8 through 27 in columns

• If you checked 32a, enter the loss on Form 1040, line 12, and also on Schedule SE, line 2 (statutory employees, see instructions). Estates and trusts, enter on Form 1041, line 3.

• If you checked 32b, you must attach Form 6198. Your loss may be limited.

31

}

D All inve.stment is

32 a at risk.

. Some investment

32 b n is not at risk,

Schedule C (Form 1040) 2005

BAA For Paperwork Reduction Act Notice, see Form 1040 instructions.

FDIZ0112 11114/05

2

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 , DYes DNa

35 Inventory at beginning of year. If different from last year's closing inventory,

attach explanation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 35

r-~---------------

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.

sold. Subtract line 41 from line 40. Enter the result here and on line 4 42

36 Purchases less cost of items withdrawn for personal use 36

r-~--------------

37 Cost of labor. Do not include any amounts paid to yourself. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 37 ~~--------------

38 Materials and supplies rc3::,B+ _

39 Other costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 39

r-~--------------

40 Add lines 35 through 39 1-4-"O~-------------

41 Inventory at end of year 41

r-~-------------

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 2005, enter the number of miles you used your vehicle for:

a Business _ _ _ _ _ _ _ _ _ _ _ b Commuting _ _ _ _ _ _ _ _ _ _ _ cOther _

45 Do you (or your spouse) have another vehicle available for personal use? DYes DNa

46 Was your vehicle available for personal use during Off-duty hours? DYes DNa

47 a Do you have evidence to support your deduction? DYes Ll No

b If 'Yes,' is the evidence written? n Yes n No

I~B'If.l Other Expenses. List below business expenses not included on lines 8·26 or line 30.

48 Total other expenses. Enter here and on page 1, line 27

.................................................. 148

6,610.

Jl.fg_q_UB! ~N.9 .!----' _ __c6::....!,c._:6:..=1:_:0c.:...

-- - ---- --- -- - - - - - -- - -- - - - ---- ---- - - - -- - - - - - - - - - - - - - - - - - ---1--------------

- - - ---- --- -- - - - - - - - - - --- ----- -- -- - - - - -- - - - - - - -- - - - - - - - - -- .1----------

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - .1----------

-- - - - - - --- -- - -- - - - - ---- - - -- -- - _'- - - - - - -- -- - - - - - -- - - - -- - - -- .!-----------

-- - - - - - --- -- - - - -- - - - --- - ----- - - - - - - - - - - - - - -- -- - - - - - -- - --- .. 1---------

-- - - - -- - -- - - - -- - - - - - --- - - - - - - - -- -- --- - - -- - - -- - - - - - - - - - .. 1---------

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - .1--------

Schedule C (Form 1040) 2005

FDIZ0112 11114105

SCHEDULE C (Form 1040)

')

Profit or Loss From Business (Sole Proprietorship)

Department of Ihe Treasury (99) I nternal Revenue Service

'" Partnerships, joint ventures, etc, must file Form 1065 or 1 065·B.

'" Attach to Form 1 040 or 1 041, ~ See Instructions for Schedule C (Form 1040).

Social security number (SSN)

Name of prcortetor

ANDREA FERGUSON

OMB No, 1545·0074

2005

09

Attachment Sequence No,

WRITING

"'711510

A Principal business or profession, including product or service (see instructions)

o Employer 10 number (EIN), if any

C Business name. If no separate business name, leave blank.

ANDREA FERGUSON

B Ehter code from instructions

I

E Business address (including sulte or room no.) ~ 103 STABLEWOOD COURT

City town or post office state and ZIP code - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - •

. .. HOUSTON, TEXAS 77019

F Accounting method: (1) !Rl Cash (2) 0 Accrual (3) 0 other (specify) ..

G Did you 'materially participate' in the operation of this business during 2005? If 'No,' see inst;u~ti~n-; fo;:-I~it ;;-n lo-;'s~;,~, ~ IRT ~~ No

started or uired this business 2005 , , , .. , . , , " '. """ .. , .. , , , ' , , , , , , , ~

1

Gross receipts or sales, Caution. If this income was reported to you on Form W·2 and the D

'Statutory employee' box on that form was checked, see the instructions and check here" . , , , , . , , , " ~

2 Returns and allowances .. , .. ,.,.',.,",., , , " " , ,.,

~~~---------------

3 Subtract line 2 from line 1 , .. , , ", I-::.._I--------

4 Cost of goods sold (from line 42 on page 2) , , 1--"-1'---------

5 Gross profit. Subtract line 4 from line 3 , I-::.._I--------

6 Other income, including Federal and state gasoline or fuel tax credit or refund .. , ',., 1-.;....1------------

9 Car and truck expenses 19 Pension and profit-sharing plans

(see instructions) . "., ; .... f---t-----------I 20 Rent or lease (see instructions):

10 Commissions and fees , . . . . a Vehicles, machinery, and equipment

11 Contract labor b Other business property ~:.::..t---------

(see instructions) ,.. 21 Repairs and maintenance , ~.:.._+-- _

12 Depletion , ,........ 22 Supplies (not included in Part III) !-==--j'-- _

13 Depreciation and section 23 Taxes and licenses ..... , ..... , .. " . , .

179 expense deduction T I

(not included in Part 111) 24 rave, meals, and entertainment:

(see instructions) ,.... 13 a Travel ,., , , ~.:.::.t------------

14 Employee benefit programs

(other than on line 19) , t-'-.;._t---------i b Deductible meals and entertainment , ~":"::::'f--------

15 Insurance (other than health) .. , 25 Utilities r=o........t--------

16 Interest:

a Mortgage (paid to banks, etc) f-.:.._+---------I 27 Other expenses (from line 48 on page 2) , , ..

b Other, .. , , , r-:-:-t--------i

17 services .

29 Tentative profit (loss). Subtract line 28 trom line 7 , , " , !-=o........t -..:2::....4::...!-.6.:..4.:;_;,4,.:_.

30 Expenses for business use at your home, Attach Form 8829 , , , , , 1-'-.::........+- _

31 Net profit or (loss). Subtract line 30 from line 29. _

• It a profit, enter on Form 1040, line 12, and also on Schedule SE, line 2 (statutory ~

employees, see instructions). Estates and trusts, enter on Form 1041, line 3. . , .

• If a loss, you must go to line 32. _

32 If you have a loss, check the box that describes your investment in this activity (see instructions).

28 Total expenses before expenses for business use of home. Add lines B through 27 in columns

• If you checked 32a, enter the loss on Form 1040, line 12, and also on Schedule SE, line 2 (statutory employees, see instructions), Estates and trusts, enter on Form 1041, line 3,

}

• If you checked 32b, you must attach Form 6198. Your loss may be limited.

-24 644.

31

rvl All investment is 32 a ~ at risk.

Some investment 32 b 0 is not at risk.

Schedule C (Form 1040) 2005

BAA For Paperwork Reduction Act Notice, see Form 1040 instructions.

FDIZ0112 11/14/05

Page 2

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, , ' .. , , . , , , . , . , , , " , , , ..... ,' " , . , , , , , , , '" .' , " , " .. " , . ' , . " , ' , ., , . , , " , ' " " , , . '" .,', 0 Yes 0 No

35 Inventory at beginning of year. If different from last year's closing inventory,

attach explanation. , .. , . ' , , , . , , , , , . ' , , , , , . , , . , , .... , , ' , , , ' , , , , ' , , , , , . , , , , , ' , . , , , , , . , , , , , , . , , , . , , , .... , , ,f--=.35=---,t- _

38 Materials and supplies ' , , , , , , , , . , . , , , , , , , . , , ' ' ' , , , , , . , , , . , ' f--=.3::.8-+- _

36 Purchases less cost of items withdrawn for personal use ."" ' , ""' ' .. ' ,............ 36

~~~-----------

37 Cost of labor. Do not include any amounts paid to yourself, , , , ' , , , , , ,!--=-37"---J- ___

39 Other costs ' , , , ' . ' , , . , .. ' ' , , . , , ' . ' , , ' , , , , .. \--=.39::.....,1- _

40 Add lines 35 through 39 .. , , , .. , . , , , , , ' . , , , , , , , ' , . , . , • , •. , , , ..• 1-4:.,::°=---1- _

41 Inventory at end of year , "., ', .. , ,"", '.,"' ",.,', " 1--'4..:..'-+- _

42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on page 1, line 4 "',.,.,........ 42

1~!itiill'll 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 4552 for this business. See the instructions for line 13 to find out if you must file Form 4552.

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 2005, enter the number of miles you used your vehicle for:

a Business b Commuting c Other

45 Do you (or your spouse) have another vehicle available for personal use? "., , .. " 0 Yes 0 No

4Q Was your vehicle available for persona! use during off-duty hours? ., " , .. "., , .. , ' 0 Yes 0 No

47 a Do you have evidence to support your deduction? ' , ' , .. , ' . , ' . , , , , , , '0 Yes [] No

No

44.

.1''i.~I_N§L_E..P.!'!:..rJl'§L _01'~ElR +'. ;2;32....:::.6..::;,4..:.4';"0

----------- ------- - ------------------------ -- ---- - -------+--------

- - --- --- -- - -- -- - - - - - - - - -- - -- - - - -- --- -- - -- - - - - - - -- - - - - - - - - .f.----------

- - - - - --- -- - -- - - - - - - -- - - -- - - - -- -------- - -- - - - - - - -- - - -- - -- - +--------

- - -- ---- - - - - - - - --- - -- - -- -- - -- -- - -- -- ---- - - - - - -- - -- - - - -- - -- .f----------

-- -------------------- ---- -- ---------------- -- ---- -------.f--------

- - - --- - - - - - -- -- ---- - - -- -- --- - -- - - - - -- - -- - - -- - --- - - -- - - - - - -- - - - - - +-,-------

---------------------------------------------- --- - - -----_.\--------

line 27 "',', ".,." ', " '" 48

Schedule C (Form 1040) 2005

FDlZ0112 11114105

SCHEDULE D (Form 1040)

Capital Gains and Losses

~ Attach to Form 1 040. ~ See Instructions for Schedule D (Form 1040).

~ Use Schedule D·l to list additional transactions for lines 1 and 8.

OMS No. 1545·0074

2005

WILLIAM H WHITE & ANDREA FERGUSON

Attachment Sequence No. 12

Name(s) shown on Form 104Q

Your social security number

(b) Dale acquired (C) Date sold

(Mo, day, vo (Mo, day, yr)

(f) Gain or (less) Subtract (e) from (d)

CALL OCGAU

07

as

CALL FRE

13/05

08

CALL INTC

CALL RWT

CANADIAN DOLLAR

(d) Sales price (see instructions)

(e) Cost or other basis (see instructions)

36

O~~.

2

2 O.

50.

1

18 399.

(b) Date acquired (C) Date sold

(Mo, day, vo (Mo, day, yr)

ItllR(II!I'Long-Term Capital Gains and Losses - Assets Held More Than One Year

(e) Cost or other basis (see instructions)

8 WASHINGTON MUTUAL

05

BERKSHIRE HATHAWAY

PHH CORPORATION

PRECISION DRILLING

ENSIGN RESOURCE SERVICE

9

(d) Sales price (see instructions)

31 300.

4 599.

10 Total long-term sales price amounts. Add lines 8 and 9 in

column (d) , ,-,-,' 0:.__,_....:1=-'-6;:.;.1~9 !..,;;;..9 ;;;.,3..;;.4 -'-J'

(I) Gain Dr Qoss) Subtract (e) from (d)

10 399.

" Gain from Form 4797, Part I; lonq-terrn gain from Forms 2439 and 5252; and lonq-terrn gain or (loss) from

Forms 4584, 5781 , and 8824 .... , ..................................•.................................... t--'-~-------

12 Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-I , ..... f-'--'-t--------

'5 Net long-term capital gain or (loss). Combine lines 8 through 14 in column (f). Then go to Part III on

.......................... 15

Schedule 0 (Form 1040) 2005

413 170,

BAA For Paperwork Reduction Act Notice, see Form 1040 instructions.

FOIA0612 05118/05

WILLIAM H WHITE & ANDREA FERGUSON

Page 2

16 Combine lines 7 and 15 and enter the result. If line 16 is a loss, skip lines 17 through 20, and go to line 21,

If a gain, enter the gain on Form 1040, line 13, and then go to line 17 below, , '" , ' , , .. , , , ,. , , , , , , , , .. , .... ,

17 Are lines 15 and 16 both gains? !ill Yes. Go to line 18.

o 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

19 Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet in

the instructions .,", ,"" ',',', " .. " ,'".,., ,"', , .

20 Are lines 18 and 19 both zero or blank?

!ill Yes. Complete Form 1 040 through line 43, and then complete the Qualified Dividends and Capital Gain Tax Worksheet in the Instructions for Form 1040. Do not complete lines 21 and 22 below.

o No. Complete Form 1040 through line 43, and then 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, the smaller of:

• The 1055 on line 16 or

• ($3,000), or if married filing separately, ($1,500)

Note. When figuring which amount is smaller, treat both amounts as positive numbers.

22 Do you have qualified dividends on Form 1040, line 9b?

o Yes. Complete Form 1040 through line 43, and then complete the Qualified Dividends and Capital Gain Tax Worksheet in the Instructions for Form 1040.

o No. Complete the rest of Form 1040.

FDlA0612 05118105

522 717.

Schedule 0 (Form 1040) 2005

SCHEDULE 0-1 OMB No, 1545·0074
(Form 1040) Continuation Sheet for Schedule 0 (Form 1040) , - 2005
Department of the Treasury (99) ... See instructions for Schedule 0 (Form 1 040~.
Internal Revenue Service ~ Attach to Schedule 0 to list additional transactions for ines 1 and 8. S~q~~~~';;'No, 12A
Name(s) shown on Form 1040 t Your social security number
WILLIAM H WHITE & ANDREA FERGUSON
__ Short-Term Capital Gains and Losses - Assets Held One Year or Less
(a) Description of property (b) Date acquired (C) Date sold (d) Sales price (e) Cost or other basis (I) Gain or (1055)
(Example: 100 snares XYZ Co) (Mo, day, yr) (Mo, day, yr) (see instructions) (see instructions) Subtract (e) frcrn (d)
1 CANADIAN DOLLAR
1219.6/04 03/18/05 616. 619. -3.
CANADIAN DOLLAR
12/06/04 03/31/05 71. 70. 1.
CALL COP
01/13/05 04/25/05 5,080. 31 700. -26 620.
WHITE MOONTAIN INS pRANCE GROUP
11/16/04 04/25/05 58 548. 54 030. 4 518.
CANADIAN DOLLAR
12/06/04 04/29/05 64. 65. -l.
CALL COP
104/25/05 OS/20/05 12 249. 6 900 5 341l_._
CALL INTC
08/25/04 OS/20/05 37 818. 29 750. 8,068.
CANADIAN DOLLAR
12/06/04 06/16/05 394. 404. -10.
CANADIAN DOLLAR
12/06/04 06/30/05 67. 67. O.
CALL TLT
06/28/05 07/27/05 5 350. 2 600. 2 750
KINDER MORGAN MANA, ,N'l' LLC
07/18/05 07/27/05 20. 20. 0
CANADIAN DOLLAR
12/06/04 07/22./05 65 65 O.
CALL FRE ,
01/31/05 08/02105 3,500. 1,375. 2 125.
ISHARES
05/17/05 08/05/05 85,766., 84,180. 1 586
OVERSEAS SHIPHOLDI 'lG
07/06/05 08/08/05 65 974. 63 100. 2 874.
CALL INTC
OS/25/05 08/22/05 3 700. 1,840. 1 860
CANADIAN DOLLAR
12/06/04 08/31/05 83. 80. 3.
MCDONALDS CORP
07j:l.l/05 09/06/05 ]2,429. 28,919. 3 510.
CANADIAN DOLLAR
12/06/04 09/16/05 289. 278. 1l.
CALL TOL
107/28/05 09/17/05 3 750. 0 3,750.
CALL XOM
09/12/05 09/20/05 2 645. 5 175. -2,530.
CANADIAN DOLLAR
112LQ6/04 09/30/05 125. 119 6.
CALL COP
04/25/05 1 QLQ!fO 5 8 900. 38 209, -29,300.
See Additional Short-Term Sal es
753 970. 105 767.
2 Totals. Add the amounts in column (d), Also, combine the
amounts jn~n (f), Enter here and on schecule D, line 2, ~ 2 1,081,473. 83 714
BAA For Pa erwork Reduction ice see Form 1040 instructions. FD!A0656 05112105 e 0·1 Form 1040 2005 p

Act Not I

.1

Schedule D·1 (Form 1040) 2005

Attachment Sequence No. 12A Page 2

Name(s) shown on Form 1040. Do not enter name and social security number if shown on page 1.

your social security number

WILLIAM H WHITE & ANDREA FERGUSON

lM!alMnlli1l~!1 Long-Term Capital Gains and Losses - Assets Held More Than One Year
(a) Description of properly (b) Date acquired (c) Date sold (d) Sales price (e) Cost or other basis (f) G~in or (loss)
(Example: 100 shares XYZ Co) (Mo, day, yr) (Mo, day, yr) (see instructions) (see instructions) Subtract (e) !fom (d)
8 EOG RESOURCES
08/27/01 04/12/05 73 847. 32 850 40 997.
ENS IGN RESOURCE SEl ~VICE GROUP
19S/22/Q3 05/17/05 40 757 2_h 695. 14 062.
SWISS HELVETIA FUN
[Va z i.ou s 06.1_:l,_7/Q5 1 058. O. 1 058.
PFIZER INC.
04/24/02 07/25/05 54 618. 66 755. -12 137.
DISCOVERY HOLDINGS
Various 08/08/05 ~841 . .!_ 12,054. 1,787.
LIBERTY MEDIA
IVarious 08/08/05 41 648. _;g _124. 8 924.
ENSIGN ENERGY SAVI ~GS
OS/22/03 08/22/05 27,684. 13_(.348. 14,336.
BERKSHIRE HATHAWAY
08/10/04 09/06/05 83,197. 85,100. -1,903
VAN KAMPEN MUNICIP. ~L INCOME
108/03/04 109/12/Q5 36_L354. 36,260. 94.
TOLL BROTHERS
IVarious 09/16/05 79 797. _j_h 215. 33,582.
LIBERTY MEDIA CORP
IVarious 1 09fl_0 /.95 _i_0-,_ 94.~ 37 614. 3 334
VAN KAMPEN MUNICI~ ~L INCOME
08/10/04 09/20/05 18,079. 18,387. -308
CENDANT CORPORATIOI
IVarious 10/04/05 102 196 62,721. 39,475.
VAN KAMPEN MUNICIP. ~L INCOME ..
[Va r i.cu s 110/07/_Q5 346. O. 346.
CHINA TELECOM CORP
08/25/04 10/10/05 72 597. 66,103. 6,494.
TOLL BROTHERS
10/07/04 10/11/05 ~ 998. 22 217. 16 781.
FREDDIE MAC
[Va r i.oua 11/07/05 122 397. 121 022. 1 375.
PFIZER INC.
Various 11_L23[05 42 71B....!.. 64 009 -21 291.
SWISS HELVETIA FUNI
11/18/04 11/23/05 15 709. J....!t. 523 1 186
SWISS HELVETIA FUN
VariQUs .9]Jf_1/0_2_ 11. O. 11.
KINDER MORGAN MANA ;~;M~;N'l' LLC

!Various OB/15/05 29_-"- O. 20
VAN KAMPEN MUNICIP. ~L INCOME O.
IVarious 10/11/05 8. 8.
DISCOVERY HOLDINGS
Various 11/03/05 1~~ 1,374. 115.
See Additional Lonq-Terrn Sal ~s
459,613. 140 625.
9 Totals. Add the amounts in column (d). Also, combine the _1_ 367~0.
amounts in column tf) Enter h'lre and on ScheduleQ,_line 9. ~ 9 288 971. Schedule D· 1 (Form 1 040) 2005

FDIA0656 05112/05

SCHEDULE E (Form 1040)

Supplemental Income and Loss (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc)

.. Attach to Form 1040 or Form 1041.

.. See Instructions for Schedule E (Form 1040).

2005

OMB No. 1545·0074

Attachment Sequence No. 13

Name(s) shown on return

Your social securitv number

l~eaJ!tllfJ~lllncome or Loss From Rental Real Estate and Royalties Note. If you are in the business of renting personal

use Schedule C or C-EZ farm rental income or loss from Form 4835 on

WILLIAM H WHITE & ANDREA FERGUSON

A~_~9E~R5X ~ _

N. 100 WEST MOAB UTAH

each rental property listed on line 1, did you .---I--'-=-I-'-:"';_ Of your family use it during the tax yea r fa r personal purposes for more than the greater of: .14 days, or

• 10% of the total days rented at fair rental value?

(See instructions.)

x

A

x

Income:

8

Advertising 'I--'~I-------_+-------i_-------

6 Auto and travel (see instructions) 'I--'~I-------_+-------i_-------

7 Cleaning and maintenance I--':-I-------_+-------i_-------

8 Commissions r--:-;j--------+-------i_-------'

9 Insurance , , .. ,.,., , .. , .I--'~I-------_+-------i_-------

10 Legal and other professional fees I-:-"--lj-----~~-+----___:=_=_::--i_-------

1 1 Management fees , ,." I--'--II-----_..:;_'-=-'-+------;__"""""i--------

12 Mortgage interest paid to banks, etc

(see instructions) . , . , , . , . , , .. 'r:-:--i---------+-------i_-------

13 other interest I--__,I------:---r------~i--------

14 Repairs , ,., .. , r-"---!------':::..=....::...:.t------=-=:..:::...:=-t----------

15 Supplies .. , .. , '., f--'-'''-If---------r-------i--------

1 6 Taxes , "., I--"--:II------"'-''--'--r-------'--~t--------

17 Utilities." .. , , " ", " "I--'-''-!-------t-------+--------

1 8 Other (list) ... _

.Y~Q.u:§§.~0B'~h 1'!;§'~ _

19 A~lin~5~ro~h18 """.,.,~~---~~~~---~~~~------'_!~~ ~2~7~43~.

20 Depreciation expense or depletion

(see instructions) '" , , t-=-:=---i-------:-::"..:::...+----=..L..:=-=-;:.-:-t--------t

21 Total expenses. Add lines 19 and 20 i-='-....j----;:;;..L-=-'-""-+---__;:..L..::....:_~t_-------

22 Income or (loss) from rental rea! estate or royalty properties. Subtract line 21 from line 3 (rents) or line 4 (royalties). If the result is a (loss), see instructions to find out if you must

file Form 6198 ,." .. , .. ,""", f-=2=2=-+ _;;:,L..::....:....:::...o..t 4.:-L.:::.O_:_7.:::.B~-----__:_-

23 Deductible rental real estate loss.

Caution. Your rental real estate loss on line 22 may be limited, See instructions to find out if you must file Form 8582. Real estate professionals

must complete line 43 on page 2 , c..;2;:.:3::.....i .::..:...:::..::::..::...:...!- :,._ _

24 Income. Add positive amounts shown on line 22, Do not include any losses , . , . , , . , .. , , 1---1------:'-'--"-'-

25 Losses. Add royalty losses from line 22 and rental real estate losses from line 23. Enter total losses here I-;;",..!----.....;;;..L.,;:...;;:....:::...:...

26 Total rental real estate and royalty income or (loss), Combine lines 24 and 25, Enter the

result here, If Parts II, and line 40 on page 2 do not apply to you, also enter this amount

on Form line 17. include this amount in the total on line 41 2 , '" . . . . . . . , ,. , .. " 26

3 11

o.

BAA For Paperwork Reduction Act Notice, see instructions. Schedule E (Form 1040) 2005

FDlZ2301 11/14/05

Schedule SE (Form 1040) 2005

Attachment Sequence No. 17

Page 2

Name of person with self·employment income (as shown on Form 1040)

WILLIAM H WHITE

Social security number of person" ~ .. with self-employment income ..

Section B - Long Schedule SE

~ote. 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 performed as a minister or a member of a reliqious order IS not church employee income. See instructions.

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 , : , , .. , , , . , , , ...

Net farm profit or (Io~s) trom Sc.hedule F, line 36, and farm partnerships.Bchedule K·1 (Form 1065), box

14, code A. Note. Skip this line If you use the farm optional method (see Instructions) , .. , , , , , . , " , , ..

~--~--------------

2 Net profit or (loss) from Schedule C, line 31; SChedule C-EZ, line 3; Sch~~ule K·1 (Form 1065), box 14,

code A (other than farming); and Schedule K-1 (Form 1065·B), box 9. MInisters and members of religious

orders, see instructions for amounts 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) "'.,., .. " ,.,.,""

r-~----~~~~~

3 Combine lines 1 and 2 ' , . ' , , , , . , . , . , ' , , .. , .. , , .. , .

r---r---~~~~~~

4a If line 3 is more than zero, multiply line 3 by 92.35% (.9235), Otherwise, enter amount from line 3 , , ..

~~----~~~~~

b If you elect one or both of the optional methods, enter the total of lines 15 and 17 here .. , , , , , .. , , .. , . , . ' , , ,

r-~---------------

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- a continue, , ..

5 a Enter your church employee income from Form W-2. See the instructions

for definition of church employee income , . ' . , , , '--C5:;_a:;.!.. ,

b Multiply line 5a by 92_35% (.9235). If less than $100, enter ·0- , " .. " .. ,., , .. , ~;"'="r------__;:~

6 Net earnings from self-employment. Add lines 4c and 5b ' , , , . , .. , , , , . , , , , I-;;.....t--_.:;;.~....::.:'-'-;;;..::.~

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 2005" ' , , , , . , "" .

8 a Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $90,000 or more, skip lines

Bb through 10, and go to line 11 , " .. , ", , I--~I-- ;:::_::..!:-~':;_;_

b Unreported tips subject to social security tax (from Form 4137, line 9) . '" .

~~~----------

c Add lines 8a and Bb ,." , , , ,', " ,." ~;;,:;:_r---___;:",;;".r...=.;.::;_;:~

9 Subtract line Be from line 7. If zero or less, enter -0- here and on line 1 0 and go to line 11 " , .

1 0 Multiply the smaller of line 6 or line 9 by 12.4% (.124) , , .. , , , ' .. ' , , , , .. ~---1f-------~"':"

1 1 Multiply line 6 by 2.9% (.029) .. , , . , ' , , , I----+ -=--'-~~

90 000.

13 Deduction for one-half of self-employrn •• nt tax, Multiply line 12 by 50% (.5).

Enter the result here and on Form 27. , , . , ' , . , , , , , , .

12 Self-employment tax. Add lines 10 and 11. Enter here and on Form 1040, line 58. , ... , . , ... , .. , .... , ... , ..

IE'IJtlill Optional Methods To Figure Net Earnings (see instructions)

Farm Optional Method. You may use this method only if (a) your gross farm incornem was not more than $2,400 or (b) your net farm profitsrz; were less than $1,733.

14 Maximum income for optional methods. , , .. , , , , . , .. , , . , , , ' , . ' , ' . , , , , , j-:-.:.....I- ......:1::.!-.::.6.::.0_:oO..;..

15 Enter the smaller of: two-thirds (2/3) of gross farm income(l) (not less than zero) or $1,600. Also,

this amount on line 4b above. , , , , . , .. ' , , , ' .v, , , , , •• , ••••••

Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits(3) were less than $1,733 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 ., , , ,.,',., , ,., " , f-'-"--l-----------

17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income(4) (not less than zero) or the amount on

line 16. Also include this amount on line 4b above , , ,.', ", .. , .. , Ll..:..;7:....._L- _

(1) From Schedule F, line 11, and Schedule K·1 (Form 1065), (3) From Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-l

box 14, code B. (Form 1065), box 14, code A; and Schedule K-l (Form 1 065·B), box 9.

(2) From Schedule F, line 36, and Schedule K-1 (Form 1065), box 14, code A.

(4) From Schedule C, line 7; Schedule C-EZ, line 1; Schedule K-1

(Form 1065), box 14, code C; and Schedule K,l (Form 1065-B),.box 9.

BAA

FD1A1l02 04/29/05 Schedule SE (Form 1040) 2005

Form 1116

Foreign Tax Credit

(Individual, Estate, or Trust)

~ Attach to Form 1040, 1040NR, 1041, or 990·T. ~ See separate instructions.

OMS No. 1545·0121

COpy 1

2005

Departmenl 01 the Treasury

Internal Revenue Service (99)

Attachment Sequence No. 19

Name

Identifying number

WILLIAM H WHITE & ANDREA FERGUSON

Use a separate Form 1116 for each category of income listed below. See Categories of Income in the instructions. Check only one box on

each Form 1116. Report all amounts in U.S. dollars except where specified in Part II below. '

a § Passive income d § Shipping income g ~ Lump-sum distributions

b High Withholding tax interest e Dividends from a DISC or former DISC h Section 901 Q) income

c Financial services income f Certain distributions from a foreign sales i Certain income rs-sourced by treaty

corporation (FSC) or former FSC I General limitation income

k Resident of (name of country) ~ USA

Note: If you paid taxes to only one foreign country or U.S. possession, use column A in Part I and line A in Part If. If you paid taxes to more than one foreign country or U.S. possession, use a separate column and line for each country or possession.

I Enter the name of the foreign country or

U.S. possession " ".,',.,.', ,',

Gross income from sources within country shown above and of the type checked above (see instructions):

From 109

16 061.

Deductions and losses (Caution: See instructions): 2 Expenses definitely related to the income on line 1 (attach statement) . , ... , , ... , .. , , , , , , , . , , , , , .... , ..

3 Pro rata share of other deductions not definitely related: a Certain itemized deductions or standard deduction

(see instructions) , , , , .. , , , " , . , " . , . , I----=-L...::=.:::...:.jl---~~=~-------

b other deductions (attach statement) , I-_......:.:....:...£..;::...;;.:~I- _ _.::~~..:...=~- _

c Add lines 3a and 3b , .. , ,., I-- _ __;:....=..<....::~~I--_--=~'-=-.:..;;-'+ _

d Gross foreign source income (see instructions) """ 1-_......:::..::..c....::::....::....::....:..I- __ ~c..::::...:....:::~-------

e Gross income from all sources (see instructions) ,'" , I-.::....!.-=-=:..::..!...:;...=..;:~_.:..J;....:...=..::::....t....::;.;=-'+ _

f Divide line 3d by line 3e (see instructions) , . , , .. , ... 'I- __ _';:'':''=''':'';~I- __ ~:'''':''..:;,.;:c...,. _

g Multiply line 3c by line 3f , ,', ,.,.

4 Pro rata share of interest expense (see instructions): a Home mortgage interest (use worksheet in

the instructions) ." , , , ,', .. , I-----...::...;'-'-If------=-=-t-------

b Other interest expense .. , , . , . , , , .... , I- __::,.:::..:::....:...jl- ~~-------

5

(p) Dividends

(r) Interest

(s) Other foreign taxes paid or accrued

(q) Rents & royalties

(t) (u) Rents &

Dividends royalties

(v) Interest

(w) Other foreign taxes paid or accrued

(x) Total foreign taxes paid or accrued (add columns (tl through (1'1»

Taxes withheld at source on:

8 Add lines A

Enter the total here and on line

2 ..

1 44.

8AA For Paperwork Reduction Act Notice, see separate instructions. Form 1116 (2005)

FDIZ2612 11/03105

& ANDREA FERGUSON Page 2

9 Enter the amount from line 8. These are your total foreign taxes paid or accrued

for the category of income checked above Part I .. '" " 1-=-9-t----_-=-.L...::.:....::.._!._!_1.

10 Carryback or carryover (attach detailed computation) r1_0-j _

11 Add lines 9 and 10 , ,',.,.,.,.,"', " ,', ," .r-1,-t---_......=,:.L-:::....::...:....:..

12 Reduction in foreign taxes (see instructions) .. ,,", "., '," ",",. '-'-12_'-- _

13 Subtract line 12 from line 11, This is the total amount of foreign taxes available for credit, , , . , , , , , , .

14 Enter amount from line 7. This is your taxable income or (loss) from sources outside the United States (before adjustments) for the category of income

checked above Part I (see instructions) "'" , , , ., " . '" . , , , , " , "" . "" ,r-14_t- -=-=...L....:::...:c..:=...=-

15 Adjustments to line 14 (see instructions) , . , , , , , . , , . , , , , . r-:-=--j---------

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.) ," .. !--'-16.:.......t- -=.;::..L-=..::...:::...:....

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 from 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, .. , , , . , , , . , .. , , . , , . , .. , . , . , . , , , , , , . , .. , , , , , , , , , , , . ~17'--l.-_,......:;4..!....:::...::...=...t....:::..::::.;:;_.:....

Caution: If you figured your tax using the lower rates on qualified dividends or capital gains, see instructions,

1B Divide line 16 by line 17. If line 16 is more than line 17, enter '1' ".,., ,.'"., ,',., , .. , .

1 644.

0.0036

19 Individuals: Enter the amount from Form 1 040, line 44. If you are a nonresident alien, enter the amount from

Form lO40NR, line 41, .

Estates and trusts: Enter the amount from Form 1041, Schedule G, line la, or the total of Form 990-T,

lines 36 and 37 """"""""""'" ,', , , . , , , , . , , , . , , , , , , , . , , , , . , , , . , , , . , , 1-1,;;.,9~ __ .;;;;,1.L...,;,;4..:..7....:4..:.....:;;1....:0....:6:,..:....

Caution: If you are completing line 19 for separate category 9 (lump-sum distributions), see instructions.

20 Multiply line 19 by line 18 (maximum amount of credit) .,'.,., ,." ", ,",., ', ,", .r2::.O=....-j ....:5:...L..::..:::..:_7".:...

21 Enter the smaller of line 13 or line 20. If this is the only Form 1116 you are filing, skip

lines 22 through 30 and enter this amount on line 31. Otherwise, complete the appropriate

ne in IV , , , , , , , . , ' " , , '. . . . . . . . 21

Im1l.l&fal Summary of Credits From Separate Parts III (see instructions)

22 Credit for taxes on passive income .... , , . , , ... , . , . , ... , . , , , ..... , , , . , .... , , , , .. J...-::o22;::.._!-- _

23 Credit for taxes on high withholding tax interest., " , .. , " , .. "" "" " , '" , , '" .1--2::.3;::.._1--- _

24 Credit for taxes on financial services income, , . , , , , , , , .. , , . , , , , , , , , . , , f--2_4_!-- _

25 Credit for taxes on shipping income , .. ,."., ... ,',." .. ,""., ... ,"." .... ,',' 1--2::.5"--'1--- _

26 Credit for taxes on dividends from a DISC or former DISC and certain distributions

from a FSC or former FSC , , . , ... , , , , , .. , , , , , . , .. , , . , , . , ... , , , . , .... , , , , , , .. , , . f--2;;:.6'-l __ ~ 1

27 Credit for taxes on lump-sum distributions .,,",.,.",,', .... ,,"', ..... ,", ... ' r-=27.:..._f- _

28 Credit for taxes on certain income re-sourced by treaty ,', ... ,.,','" .... ,"" ... j...:2=8~1- --_-

1 644.

29 Credit for taxes on general limitation income , , , , , , , , , , , . , , , , , , , , ~2=9::.......;!- - __ .....,

30 Add lines 22 through 29 "', .... ,"', ... ,"", " ,", ,', .. , ,", ,', ,', ... , .... ,'.,. f-----if----------

31 Enter the smaller of line 19 or line 30 .. ,",., ,',., .. ,." ,',.,." ,." ,", ,.".,',.".,',. i-=--=--!-- --=CL..,;:...=..c:....:...

32 Reduction of credit for international boycott operations, See instructions for line 12 .. , , , , , , .. , , , , , .. , ..... , , , .. f-'o-I---------

33 Subtract line 32 from line 31, This is your foreign tax credit. Enter here and on Form 1040, line 47;

, line 44' Form 1041, Schedule G line 2a;or 990-T, line 40a ".,..... . .. , . ,

.... 33

1 44 •

FOIZ2612 11103105

Form 1116 (2005)

SCHEDULE H (Form 1040)

Household Employment Taxes (For Social Security, Medicare, Withheld Income, and Federal Unemployment (FUTA) Taxes)

I>- Attach to Form 1040, 1040NR, 1040-55, or 1041.

I>- See separate instructions.

Department of lhe Treasury

Internal Revenue Service (99)

OMS No. 1545·1971

2005

Attachmenl Sequence No. 44

Name of employer

Social security number

WILLIAM H WHITE

Employer identification number

A Did you. pay anyone household employee cash wages of $1 ,400 or more in 29057 (If. any household employee was your spouse, your child under age 21, your parent, or anyone under age 18, see the line A Instructions before you answer this question.)

~ Yes. Skip lines Band C and go to line 1. o No. Go to line B.

B Did you withhold federal income tax during 2005 for any household employee?

D Yes. Skip line C and go to line 5. o No. Go to line C.

C Did you pay total cash wages of $1,000 or more in any calendar quarter of 2004 or 2005 to all household employees? (Do not count cash wages paid in 2004 or 2005 to your spouse, your child under age 21, or your parent.)

D No. Stop, Do not file this schedule.

D Yes, Skip lines 1·9 and go to line lOon page 2. (Calendar year taxpayers having no household employees in 2005 do not have to complete this form for 2005).

1_,II1II Social Security, Medicare, and Income Taxes

4 Medicare taxes, Multiply line 3 by 2.9% (.029)

2

............................................................ 1--4-1- ----::.5-=.5=2..:....

5 Federal income lax withheld, if any 1-5;:;,_t- --=2:..l....::..:2::...0~,

6 Total social security, Medicare, and income taxes (add lines 2, 4, and 5) ; 1-6=---t- ---=5J...:;~4..::....:....

7 Advance earned income credit (EIC) payments, if any 1-7_t- _

8 Net taxes (subtract line 7 from line 6) ,--8~ _;5;...L_O::....::...3-,,4..:....

9 Did you pay total cash wages of $1,000 or more in any calendar quarter of 2004 or 2005 to household employees? (Do not count cash wages paid in 2004 or 2005 to your spouse, your child under age 21, or your parent.)

o No,

Stop. Enter the amount from line 8 above on Form 1040, line 62. If you are not required to file Form 1040, see the line 9 instructions.

IRl Yes. Go to line lOon page 2,

Schedule H (Form 1040) 2005

BAA For Privacy Act and Paperwork Reduction Act Notice, see separate instructions.

FOIA9412 11129/05

Schedule H (Form 1040) 2005 WILL lAM H WHITE

Page 2

l~a'~m~u~~~~1 Federal Unemployment (FUTA) Tax
Yes No
10 Did you pay unemployment contributions to only one state? (If you paid contributions to New York State,
check 'No') ••••••••••••• , ••••••••••• r •••• ' I •••• , ••• , •••••••• " •••• t ••••• r"'" •• , •••• , •••••••• , •••••.• " •••••• 10 X
11 Did you pay all state unemployment contributions for 2005 by Apri! 17, 2006? Fiscal year filers, see instructions .' .... 11 X
12 Were all wages that are taxable for FUTA lax also taxable for your state's unemployment tax? ....................... 12 X Next: If you checked the 'Yes' box on all the lines above, complete Section A.

If you checked the 'No' box on any of the lines above, skip Section A and complete Section B.

Section A

13 Name of the state where you paid unemployment contributions po. _ 'l'X

14 State reporting number as shown on state unemployment tax return po. _

15 Contributions paid to your state unemployment fund (see instructions) 16 Total cash wages subject to FUTA tax (see instructions)

17

17

56.

18

(a) Name of state

State reporting number as shown on state unemployment tax return

Taxable wages

(as defined in state act)

(g) (h) (i)
State Multiply Multiply Subtract column (g) Contributions
experience column (c) column from column (f), paid to state
rate by .054 (c) by If zero or less, unemployment
column enter -0-_ fund
(e) 19 Totals '_'" ._ __ , _ , _ , <--.:.,;19::........!. -.

20 Add columns (h) and (i) of line 19 , __ , _ .. _ ,-I ;::.zO::........! ~1

21 Total cash wages subject to FUTA tax (see the line 16 instructions) .. -. _ - ,., - I--"'-'--t----------

22 Multiply line 21 by 6.2% (.062)

23 Multiply line 21 by 5.4% (.054) , ,., '-=Z3--' _

24 Enter the smaller of line 20 or line 23 , - , ~..;_l--------

(New York State employers must use the worksheet in the separate instructions and check here) , 0

to line 26 ,. 25

26 Enter the amount from line 8 , , , , , ~26=--t-- __ -_,:::.L.::"';::";:"':_

27 Add line 17 (or line 25) and line 26 " , '-2_7'---''-- --=-'-'-'--''--'-

28 Are you required to file Form 1 0407

~ Yes. Stop. Enter the amount from line 27 above on Form 1040, line 62.

Do not complete Part IV below.

IV. See i

Apt, room, or suite number

City, lawn or post office, slale, and ZIP code

Under penahles of perjury. I declare that I have examined this schedule. including accompanying statements. and to the best of my knowledge and belief, it is true. correct. and complete. No part of any payment made to a stale unemployment fuod claimed as a credit was. or is to be, deducted from the payments to employees.

~

~E-m~pl-oy-er~·s~s~ig-na~t-ur-e-----------------------------------------------------

~----------------------

Oate

FDIA9412 11129/05

Schedule H (Form 1040) 2005

Form 8606

OMB No. 1545·0074

Nondeductible IRAs

2005

~ See separate instructions.

~ Attach to Form 1040, Form 1040A, or Form 1040NR,

Attachment Sequence No. 48

WILLIAM H WHITE

Name -. If married, file a separate form for each spouse required to tUe Form 8606. See instructions.

Fill in Your Address Only if You Are Filing This Form by Itself Ilo-- I-;C:;;;it~y,"to::::w=n-:o:-r p:::o::;st-=o:;:;Hl=ce;:----------------------------s7'ta-:-te---=zl=-p-co"'":d-e ---and Not With Your

Tax Return

Home address (number and street, or P.O. box if mail is nol delivered to your home)

Apartment number

mOCai!f~l.il Nondeductible Contributions to TraditionallRAs and Distributions From Traditional, SEP, and SIMPLE IRAs

Complete this part only if one or more of the following apply.

• You made nondeductible contributions to a traditional IRA for 2005.

• You ~ook distributions trom a traditio~al, SEP, or SI~P~E IRA in 2005 and you made nondeductible contributions to a traditional IRA In 2005 or an earlier year. For thiS purpose, a distribution does not Include a rollover (other than a repayment of a qualified hurricane distribution), conversion, recharacterization, or return of certain contributions.

• but not all, of your traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2005

ble contributions to a traditional IRA in 2005 or an

No

____ ~ Enter the amount from line 3 on line 14.

Do not complete the rest of Part I.

In 2005, did you take a distribution from traditional, SEP, or SIMPLE IRAs, or make a

Roth IRA conversion? Yes'" Go to line 4.

4 Enter those contributions included on line 1 that were made from January 1, 2006, through April 17, 2006 .....

~~---------------

5 Subtract line 4 from line 3 , , , .

6 Enter the value of all your traditional, SEP, and SIMPLE IRAs as of December 31, 2005, plus any outstanding rollovers. Subtract any repayments of qualified hurricane distributions. If the result is zero or less, enter -0·

(see instructions) , 1-6~r- _

7 Enter your distributions from traditional, SEP, and SIMPLE IRAs in 2005.

Do not include rollovers (other than repayments of qualified hurricane distributions), conversions to a Roth IRA, certain returned contributions, or

recharacterizations of traditional IRA contributions (see instructions) '1-7~r- _

8 Enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2005. Do not include amounts converted that you later

recharacterlzed (see instructions). Also enter this amount on line 16 8

9 Add lines 6, 7, and 8 '--9---''-- _

10 Divide line 5 by line 9. Enter the result as a decimal rounded to at least 3

places. If the result is 1.000 or more, enter '1.000' , , I--'-=-.....ji=--------

11 Multiply line 8 by line 10. This is the nontaxable portion of the amount you

converted to Roth IRAs. Also enter this amount on line 17 1--'-11__,r- _

12 Multiply line 7 by line 10. This is the nontaxable portion of your distributions

that you did not convert to a Roth IRA , \...,;,;12~,-- _

13 Add lines 11 and 12. This is the nontaxable portion of all your distributions , 1--'-_1-- _

14 Subtract line 13 from line 3. This is your total basis in traditionallRAs for 2005 and earlier years !--'-..;._t----'::._:.._!....=..::.;::'-'--

15a Subtract line 12 from line 7 , , !--'-:-...;...+- _

b Amount on line 15a attributable to qualified hurricane distributions (see instructions). Also enter

this amount on Form 8915, line 13 - I---t--------

C Taxable amount. Subtract line 15b from line 15a. If more than zero, also include this amount on Form 1040,

line 15b; Form 1040A, line 11 b; or Form 1040NR, line 16b , .

Note: You may be subject to an additional 10% tax on the amount on line 75c if you were under age 59-112 at the time of the distribution (see instructions).

BAA For Paperwork Reduction Act Notice, see instructions.

Form 8606 (2005)

FDIA6\\2 0\/17/06

)

Form 8606 (2005) WILLIAM H WHITE Page 2

l!lla'i\t~II'~DI 2005 Conversions From Traditional, SEP, or SIMPLE IRAs to Roth IRAs

Complete this part if you converted part or all of your traditional, SEP, and SIMPLE IRAs to a Roth IRA in 2005 (excluding any portion you recharacterized),

Caution: If your modified adjusted gross income is over $100,000 or you are married filing separately and you lived with your spouse at any time in 2005, you cannot convert any amount from traditional, SEP, or SIMPLE IRAs to Roth IRAs for 2005

If you erroneously made a conversion, you must recharacterize (correct) it (see instructions), '

16 If you completed Part I, enter the amount from line 8, Otherwise, enter the net amount you converted from
traditional, SEP, and SIMPLE IRAs to Roth IRAs In 2005, Do not Include amounts you later recharacterized
back to traditional, SEP, or SIMPLE IRAs in 2005 or 2006 (see instructions) , , , .. , , , , , , , , , , , , , , , , , , . , ...... , . 16
17 If you completed Part I, enter the amount from line 11. Otherwise, enter your basis in the amount on line 16
(see instructions) , , ........ , , , , , , . , , , , , .. , ......... , . , , . , . , .. , ...... , . , , , , , , . , , , , , , . , . , ... , . , . , , .... , . , , 17
18 Taxable amount. Subtract line 17 from line 16, Also include this amount on Form 1040, line 15b;
Form 1040A, line llb; or Form 1040NR, line 16b •• o. ,." •••••••••••••• ", to •••• , ••••••••••• 'r , ••••• , ••••• 18 mia'i~ln~~1 Distributions From Roth IRAs

Complete this part only if you took a distribution from a Roth IRA in 2005. For this purpose, a distribution does not include a rollover (other than a repayment of a qualified hurricane distribution), recharacterization, or return of certain contributions - see instructions

19 Enter your total nonqualified distributions from Roth IRAs in 2005 including any qualified first-time
homebuyer distributions (see instructions) .. , .......... , ...... , .. , .......... , , . , , , , .......... , ........ _ ... 19

20 Qualified first-time homebuyer expenses (see instructions), Do not enter more than $10,000 ................. 20
21 Subtract line 20 from line 19. [f zero or less, enter -0- and skip lines 22 through 25 ... , . , .. , , .. , , ..... , , , .. , . 21
22 Enter your basts in Roth IRA contributions (see instructions) .......... ,." ....... , ... , ... ,', ... ,., .. , . , ... , 22
23 Subtract line 22 from line 21. If zero or less, enter -0· and skip lines 24 and 25. If more than zero, you may
be subject to an additional tax (see instructions) "."., ........ ,', ... " ........... ,.,.,., .... , ............ 23
24 Enter your basis in Roth IRA conversions (see instructions) . , , ... , , ........... , .... , , , . , .................. , 24
25 a Subtract line 24 from line 23. If zero or less, enter -0- and skip lines 25b and 25c •••••• I.' •• , ••••• r •• " ••••• 25a
b Amount on line 25a attributable to qualified hurricane distributions (see instructions), Also enter
this amount on Form 8915, line 14 ... , ... , . , . , ...... , .. , , , , , . , ............. , , , .......... , ... , ............ 25b
c Taxable amount. Subtract line 25b from line 25a. If more than zero, also include this amount on
Form 1040, line 15b; Form 1040A, line 11 b; or Form 1040NR, line 16b ...... , "." ........ , ... , " , .......... 25c
Under penalties of perjury, I declare that I have examined this form, including accompanying attachments, and to
Sign Here Only if You the best of my knowledge and belief, it is true, correct, and complete.
Are Filing This Form
by Itself and Not With ~ ~
Your Tax Return
Your signature Date
J Date Preparer's SSN Of PTIN
Preparer's ~ 1 Check if se If· n
Paid signature employed "
Preparer's Firm's name EIN
Use Only (or yours if ~====================================~
self-employed),
address. and
ZIP code Phone no. Form 8606 (2005)

FDIA6\12 01117106

Form 8606

Nondeductible IRAs

OMS No. 1545·0074

2005

Name. If married, file a separate form for each Spouse required to tile Form 8606. See instructions.

~ See separate instructions.

~ Attach to Form 1040, Form 1040A, or Form 1040NR.

Attachment Sequence No. 48

ANDREA FERGUSON

I Your social security number

Home address (number and sfraet, or P.O. box if mail is not delivered 10 your home)

Apartment number

Fill in Your Address Only jf You Are Filing

This Form by Itself ... rCO;;:it-y,"7to:-w-:n-=o-r p=-os-.t-o';;ffi::-ce---------------------------S-ta-te--Z=I=-P -co-,de----and Not With Your

Tax Return

I!Ra;~I:l1l1 Nondeductible Contributions to Traditional IRAs and Distributions From Traditional, SEP, and SIMPLE IRAs

Complete this part only if one or more of the following apply.

• You made nondeductible contributions to a traditional IRA for 2005.

• You took distributions from a traditional, SEP, or SIMPLE IRA in 2005 and you made nondeductible contributions to a traditional IRA in 2005 or an earlier year, For this purpose, a distribution does not include a rollover (other than a repayment of a qualified hurricane distribution), conversion, recharacterization, or return of certain contributions,

• You converted but not ail, of your traditional, SEP and SIMPLE IRAs to Roth !RAs in 2005 (excluding any portion you

rechara nondeductible i itional IRA in 2005 or an earlier r.

In 2005, did you take a distribution from traditional, SEP, or SIMPLE !RAs, or make a

Roth IRA conversion? Yes -.. Go to line 4.

4 Enter those contributions included on line 1 that were made from January 1, 2006, through April' 7, 2006 ..... 1-...;.....+- _

No

____ -.. Enter the amount from line 3 on line' 4, Do not complete the rest of Part I.

5 Subtract line 4 from line 3 , " ,., , , .

6 Enter the value of all your traditional, SEP, and SIMPLE tRAs as of December 31, 2005, plus any outstanding roilovers, Subtract any repayments of qualified hurricane distributions. If the result is zero or less, enter ·0-

(see instructions) ., .. , , " , ,. ,__6"---1f-- _

7 Enter your distributions from traditional, SEP, and SIMPLE tRAs in 2005.

Do not include rollovers (other than repayments of qualified hurricane distributions), conversions to a Roth IRA, certain returned contributions, or

recharaclerizations of traditional IRA contributions (see instructions) ' f--7"--1-- ,

8 Enter the net amount you converted from traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2005. Do not include amounts converted that you later

recharacterized (see instructions). Also enter this amount on line 16 ,.

B

9 Add lines 6,7, and B.,,, .. ,, ,, ",__I _;9::......!. _

10 Divide line 5 by line 9. Enter the result as a decimal rounded to at least 3

places. If the result is 1.000 or more, enter '1.000' , , 1--"---1i'-'--------

11 Multiply line 8 by line 1 O. This is the nontaxable portion of the amount you

converted to Roth IRAs. Also enter this amount on line 17 .. ,., , ". ,~11:......j _

12 Multiply line 7 by line 10, This is the nontaxable portion of your distributions

that you did not convert to a Roth IRA ,.,.,"" , , ,__1..:.:2~ _

13 Add lines 11 and 12. This is the nontaxable portion of all your distributions , , , f--;;...._t--------

14 Subtract line 13 from line 3. This is your total basis in traditionallRAs for 2005 and earlier years , /--'--=--+- __ ...:::..<..=::..::...::..:..._

15a Subtract line 12 from line 7 , , ,., , , " , , 1-'-::.=.+- _

b Amount on line 15a attributable to qualified hurricane distributions (see instructions), Also enter

this amount on Form 8915, line 13 ,., .. ,', , , .. , , , , I-'-::.=.!--------

c Taxable amount. Subtract line' 5b from line 15a. If more than zero, also include this amount on Form 1040,

line 15b; Form 1040A, line 11 b; or Form 1040NR, line 16b .. ,' , " " , , , .

Note: You may be subject to an additional 10% tax on the amount on line 15c if you were under age 59-112 at the time of the distribution (see instructions).

BAA For Paperwork Reduction Act Notice, see instructions.

Form B606 (2005)

FDlA61 1 2 01117/06

Form 8606 (2005) ANDREA FERGUSON Page 2

lill@1ffll.l.I~~j! 2005 Conversions From Traditional, SEP, or SIMPLE IRAs to Roth IRAs .

Complete this part it you converted part or all of your traditional, SEP, and SIMPLE IRAs to a Roth IRA in 2005 (excluding any portion you recnaracterized).

Caution: If your modified adjusted gross income is over $100,000 or you are married filing separately and you lived with your spouse at any time in 2005, you cannot convert any amount from traditional, SEP, or SIMPLE IRAs to Roth IRAs for 2005,

If you erroneously made a conversion, you must recharacterize (correct) it (see instructions),

16 If you completed Part I, enter the amount from line B. Otherwise, enter the net amount you converted from
traditional, SEP, and SIMPLE IRAs to Roth IRAs in 2005. Do not include amounts you later recharacterized
back to traditional, SEP, or SIMPLE IRAs in 2005 or 2006 (see instructions) ..... , , , , , . , . , . , . , . , . , , .......... 16
17 If you completed Part I, enter the amount from line 11, Otherwise, enter your basis in the amount on line 16
(see instructions) .. , , , ......... , . , . , , , ................................... , ..................... , ........ 17
18 Taxable amount. Subtract line 17 from line 16. Also include this amount on Form 1040, line 15b;
Form 1040A, line 11b; or Form 1040NR, line 16b to •••• , ••••• ".o ••••• O ••••• ,0' •••••••••• 0 •• ' •••••••••••• I 18 Distributions From Roth IRAs

Complete this part only if you took a distribution from a Roth IRA in 2005. For this purpose, a distribution does not include a rollover (other than a repayment of a qualified hurricane distribution), recharacterization, or return of certain contributions - see instructions

19 Enter your total nonqualified distributions from Roth IRAs in 2005 including any qualified first-time
homebuyer distributions (see instructions) ........................... , .................................... 19
20 Qualified first-time homebuyer expenses (see instructions). Do not enter more than $10,000 •••••• 0 •••••• , ••• 20
21 Subtract line 20 from line 19. If zero or less, enter ·0· and skip lines 22 through 25 ......... , ................ 21
22 Enter your basis in Roth IRA contributions (see instructions) ... , ....... " ........ , ......... , ............... 22
23 Subtract line 22 from line 21. If zero or less, enter -0· and skip lines 24 and 25. If more than zero, you may
be subject to an additional tax (see instructions) ............................ , ...................... , ...... 23

24 Enter your basis in Roth IRA conversions (see instructions) ............................................. , .. 24
25a Subtract line 24 from line 23. If zero or less, enter ·0- and skip lines 25b and 25c •••••• , , •••••••••••• , •• t ••• 25a
b Amount on line 25a attributable to qualified hurricane distributions (see instructions). Also enter
this amount on Form B915l line 14 ... , . '" .... " .......... , ..... , ........... , , ......... , ................. 25b
c Taxable amount. Subtract line 25b from line 25a. If more than zero, also include this amount on
Form 104Q, line 15b: Form 1040A, line 11b; or Form 1040NR, line 1Gb ........................ ,., ........... 25c .~
Under penalties of perjury, I declare that I have examined this form, including accompanying attachments, and to
Sign Here Only if You the best of my knowledge and belief, it is true, correct, and complete.
Are Filing This Form
~ Itself and Not With ~ ~
our Tax Return
-
Your signature Dale
Preparer's r Preparer's SSN or PTIN
~ I Check if selt- D
Paid signalure employed ..
Preparer's Firm's name EIN
Use Only (or yours if ~-------------------------------------
self-employed),
address, and ---------~-----~--------~--------~---
ZIP code Phone no. Form 8606 (2005)

FDIA6112 011\7/06

Form 4952

'1

Investment Interest Expense Deduction

Oepartment of the Treasury Internal Revenue Service (99)

... Attach to your tax return.

Identifying number

Name(s) shown on return

H WHITE & ANDREA FERGUSON

OMS No. 1545-0191

2005

Attachment Sequence No. 51

Total Investment Interest Expense

, Investment interest expense paid or accrued in 2005 (see instructions) •••••••••••••• , •••• , ••••• + ••••••••••• 1 27 325.
2 Disallowed investment interest expense from 2004 Form 4952, line 7 ....................................... 2
3 Total investment interest ex~ense. Add lines 1 and 2 ..................................................... 3 27,325. lirtiitttUll1 Net Investment Income

4a Gross income from property held for investment (excluding any net gain from

the disposition of property held for investment) , _ __ . . . . . . . . . . 4a 194

b Qualified dividends included on line 4a

c Subtract line 4b from line 4a __ _ _ . _ _ _ .

d Net gain from the disposition of property held for investment _ . _ . . . .. 4d 522

e Enter the smaller of line 4d or your net capital gain from the disposition of

property held for investment (see instructions) _ '--4_'-- __ -o=-'''-<-.=....:--=--:....

133

9 Enter the amount from lines 4b and 4e that you elect to include in investment income (see instructions) _ .

r-~------~-------

h Investment income. Add lines 4c, 4f, and 4g _ '" '" . . . . . . . .. . 242 690.

6 Net investment income. Subtract line 5 from line 4h. If zero or less, enter ·0- ... _ . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

5 Investment expenses (see instructions) _ _ !-5'--+- _

1[~yclIL'1 Investment Interest Expense Deduction

242 690.

7 Disallowed investment interest expense to be carried forward to 2006_ Subtract line 6 from line 3. If zero

or less, enter -0- - . _ - - _ _ . _ _ _ f-7.:__+- ..:::0_:_.

27,325.

8 Investment interest expense deduction. Enter the smaller of line 3 or 6. See instructions

8

Form 4952 (2005)

BAA For Paperwork Reduction Act Notice, see separate instructions.

FDIZ1201 06120105

Form 8582

Passive Activity Loss Limitations

OMB No. 1545·1 DaB

Department or the Treasury

Internal Revenue Service (99)

~ See separate instructions.

.. Attach to Form 1040 or Form 1041.

2005

Attachment Sequence No. 88

Name(s) shown on return

Identlfyin!! nllmber

WILLIAM H WHITE & ANDREA FERGUSON

Wa'al1tifll.J2005Passive Activity Loss

Caution: Complete Worksheets 1,2, and 3 on

Rental Real Estate Activities . Ac~i,!~ Pa.rticipation (For the definition of active participation see Special

Allowance for Rental Real Estate Activities In the instructions.)

1 a Activities with net income (enter the amount from Worksheet 1, column (a» 1 a

r-_,---------------

b Activities with net loss (enter the amount from Worksheet " column (b» .,...... 1 b

r-~---------------

c Prior years unallowed losses (enter the amount from Worksheet 1, column (c) , . .__.:....=..! _

d Combine I 1 band 1 c ,....... . .

Commercial Revitalization Deductions From Rental Real Estate Activities

2a Commercial revitalization deductions from Worksheet 2, column (a) " .. , .

~~---------------

b Prior year unallowed commercial revitalization deductions from Worksheet 2,

column (b) '--'= _

c Add lines 2a and

All Other Passive Activities

3 a Activities with net income (enter the amount from Worksheet 3, column (a»

c Prior years unallowed losses (enter the amount from Worksheet 3, column (c) .. <-...;;;..;:.! -=-.L..::.::..::...:....:..

d Combine lines 3b and 3c .

4 Combine lines 1 d, 2c, and 3d. If the result is net income or zero, all losses are allowed, including any prior year unallowed losses entered on line 1 c, 2b, or 3c. Do not complete Form 8582. Report the losses on the

forms and schedules normally used .__4..;._L._ -_;:3;.,(..,:;..;;::..:...:.

If line 4 is a loss and: • line 1d is a loss, go to Part II.

• Line 2c is a loss (and line 1 d is zero or more), skip Part II and go to Part III.

• Line 3d is a loss (and lines 1d and 2c are zero or more), skip Parts II and III and go to line 15.

Caution: If your filing status is married filing separately and you lived with your spouse at any time during the year, do not complete Part 1/ or Part III. Instead, go to line 75.

JillltldUIlBIJ Special Allowance for Rental Real Estate With Active Participation

Note: Enter al/ numbers in Part /I as amounts. See the instructions for an example.

5 Enter the smaller of the loss on line 1 d or the loss on line 4 .

6 E;nter $150,000. If married filing separately, see the instructions f--"--II---------

7 Enter modified adjusted gross income, but not less than zero (see instructions) ..

Note: If line 7 is greater than or equal to line 6, skip lines 8 and 9, enter -Don line 70. Otherwise, go to line 8.

8 Subtract line 7 from line 6 '--::.......!'-- _

9 Multiply line 8 by 50% (.5). Do not enter more than $25,000. If married filing separately, see instructions t--.:...,_+---------

10 Enter the smaller of line 5 or line 9 , , '--_'-- .=....;:_

If line 2c is a loss, go to Part Ill. Otherwise, go to line 15.

J[Il~t[ljnU.JSpecial Allowance for Commercial Revitalization Deductions From Rental Real Estate Activities Note: Enter all numbers in Part III as positive amounts See the example in the instructions for Part /I

11 Enter $25,000 reduced by the amount, if any, on line 10. If married filing separately, see instructions ."" .... 11
12 Enter the loss from line 4 ,., ......... , , .... ,.,'., , .................. , ..... , ...................... , ...... 12
13 Reduce line 12 by the amount on line 10 ................................................................. 13
14 Enter the smallest of line 2c (treated as a positive amount), line 11, or line 13 •••••••• _ •••••••••••••••••••• I. 14
!12@~lt~1~¥i~1 Total Losses Allowed
15 Add the income, if any, on lines 1a and 3a and enter the total •••••••• , ••••••• It· •••••• ""., ., ••••••••• , •• 15 5 950.
16 Total losses allowed from all passive activities for 2005, Add lines 10, 14, and 15. See the instructions to
find out how to report the losses all your tax return ................ , ........................ , .............. 16 5,950. BAA For Paperwork Reduction Act Notice, see the instructions. Form 8582 (2005)

FDIZ1 901 05/1 0/05

Page 2

Name of activity

Name of activity

(a) Current year deductions (line 2a)

(c) Overall loss

Worksheet 4 - Use this worksheet if an amount is shown on Form 8582, line 10 or 14 (See instructions)

Form or schedule (a) (b) (c) Special ~d) Subtract
Name of activity and line number Loss Ratio allowance co umn (c) from
to be reported on column (a)
(see instructions)
,




Total" .... ,.,"""""""""',.,., ........ ,.,""", .... , ~ 1. 00 Worksheet 5 - Allocation of Unallowed Losses (See instructions)

Form or schedule (a) (b) (c)
Name of activity and line number Loss Ratio Unallowed loss
to be reported on
(see instructions)
134 N. 100 WEST MOAB UTAH E Ln 23 7 312. 1. 00000000 3,234.




Total"",.,.,',.".,""""",.,., ....... , .. ,",., ...... ,""",. , ... 7,312 . 1. 00 3,234. BAA

FDIZ1902 0511 0105

Form 8582 (2005)

COpy - 1

Form 8582 (2005) 'WILLIAM H WHITE & ANDREA FERGUSON Page 3

Worksheet 6 -Allowed Losses (See instructions)

Form or schedule (a) (b) (c)
Name of activity and line number Loss Unallowed loss Allowed loss
,tp be. reported on
:(see'instructions)
134 N. 100 WEST MOAB UTAH E Ln 23 9,184. 3,234. 5,950.




Total""" "." .. "" .. i ••• ,."." •••••• , •••• , •••• , .... ,'.',.,",.,., ••••• ~ 9,184. 3,234. 5,950. Worksheet 7 - Activities With Losses Re

(e) Allowed loss

Form or schedule.an d Ii~e to be reported on

(see instrllctionsI,..,---:";-·.,,.'· ;-;-_-;-;- __

1 a Net loss 'ptusprior year unallowed loss from form or-schedule """"""",' b Net income from, form or schedule .. , ..

:1 l a, If

BAA

FOIZ1903 11109105

Form 8582 (2005)

-, . "

Form 1040 Line 21

Other Income Statement

2005

- ..

Statement

Name(s) Shown on Return

WILLIAM H WHITE & ANDREA FERGUSON

Social Security Number

(a) (b)
Taxpayer Spouse
1 Child's investment income, from Form 8814 ." ..................
2 Gambling winnings:
a From Form W·2G ........ , , , , ' , ' , , , , , , , , . , , , , . , ... , . , . , . , , , , , , . , , ,
b Not reported on Form W·2G"","""""', ... , ..... ,.,"""'"
3 Taxable income from Form 1 099·M1SC:
a Substitute payments in lieu of interest or dividends ............. 12(886.
b Other income, prizes, awards, etc. .................... , .... , .. ',.
c Alaska Permanent Fund •••••• ," ., •••••• t •••• ', •• t', .• , .....•. ,.
4 Taxable income from Form 1099·Q:
a Qualified tuition program distributions to ••••••••••••••••••••••• ,.
b Coverdell ESA distributions. , " , , , , ,., , "" """""" " , , , ,. " ,
5 Taxable income from Form 1099·G:
a Grants, , . , . , . , , , .. , . , , , , . , , , , . , , , ... , , .... , , . , . , . , , , , ....... , , , , , ,
b Alternative Trade Adjustment Assistance payments,. , , .... , , '"
6 Foreign earned income and housing exclusion, from Form 2555
7 Net operating loss carryover from a prior year ..... , ., , , , , , ......
8 Other income, from Schedule(s) K·' ... , .. , , , , , , , .... , , . , , , ... , ..
9 Taxable distribution from:
a Archer Medical Savings Accounts, and Lonq-Terrn Care
Insurance Contracts, from Form 8853 '" , .......... ,. - ..........
b Health Savings Accounts, from Form 8889 .... , ...... , ..........
10 Refunds or reimbursements of deductions claimed
in a prior year:
a Reimbursement for deducted medical expenses. , "." " , , " , ...
b Refunds of deducted taxes (other than state or local inc. taxes)
(enter type of tax) to, •••••••••••
c Recapture of deducted moving expenses ...... , , , , , , ,. ,., .. , ., "
d Reimbursement for deducted casualty or theft loss, , , , , .........
e Reimbursement for deducted employee business expenses .....
f Other refunds or reimbursements". , , " .... , , " .. " .... , .. ,' . '"
11 Recoveries of bad debts deducted in a prior year ....... , ... , , . , , 120,000.
12 Jury duty pay, , , ....... , ............ , , , . , .. , . , .. , ...... , . , ... , ... ,
13 Bartering income not reported elsewhere. , ., , .......... , ... , , " ,
14 Income from the rental of personal property, , .. , ................
15 Income from the Cancellation of Debt:
a From Form 1099-C, Amount of debt canceled (see Tax Help) .. ,
b From Schedule(s) K·' (see Tax Help) ..... ".'"." ....... ,., ...
16 Other taxable income:



17 Total. Add lines 1 through 17, Enter here and on Form
1 040, line 21 .,1" .1, •... ' ....•..•...•. , , ..••...• , ...•.••.••.... ,. 132,886. WILLIAM H Wr-lITE'& 'ANDRE! IRGUSON 1
Schedule D- 1
Additional Short-Term Sales
(a) (b) Date (c) Date (d) (e) Cost (f) Gain (loss)
Description of property Sales or other (e) from (d)
rice basis


10/04/05 33,349. 28,919. 4,430.

10/10/05 37,998. 40,040. "-2,042.

10/11/05 77,897. 62,180. 15,717.

10/11/05 2,080. 1,020. 1,060.

10/04/05110118/05 5,750. 2,550. 3,200.


Various 10/18/05 131,994. 144,793. -12,799.

Various 1 09/16/05 135,644. 68,447. 67,197.

3,680. O. 3,680.

5,350. O. 5,350.

10/27/05 12. 11. 1.

10/31/05 139. 134. 5.

Various 1 11/07/05 94,305. 81,950. 12,355.

Various 111/07/05 100,273. 100,670. -397.

3,250. O. 3,250.

10/19/05 11/23/05 27,099. 19,100. 7,999.

11 / 2 8/05 23,749. 28,250. -4,501.

12/06/04 11/30/05 146. 139. 7.

12/14/05 50,335. 63,100. -12,765.

12/17/05 4,780. O. 4,780.

12/30/05 154. 146_ 8.

11/22/05 3,166. 3,668. -502.

09/01/05 9,600. O. 9,600.

02/11/05 3,220. 3,086. 134.

Total
753£970. .105,767. 1'1" ~-.

WILLIAM H WirllTE &. !1I..NDREP ~'RGUSON

, . 2

Schedule 0-1

Additional Long-Term Sates

(a) Description of property

(b) Date

(c) Date

(d) (e) Cost (f) Gain (loss)
Sales or other (e) from (d)
rice basis
8,518. 8,016. 502.

2,753. 2,845. -92.

15,775. 16,602. -827.

89,708. 70,810. 18,898.

88,285. 16,860. 71,425.

254,574. 203,855. 50,719.
459,613. 140,625. 11/03/05 _-":..L..:='="'::'''':__

11/03/05 __ ~~~~

11/03/05 _~;..L......:._':"_::::'''':__

11 / 0 8 / 0 5 _---'--=-'-'---'--'--'-

Total