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REV SHARE & MEDIA POTAMUS ( 800# as direct response advertising in all cities, we get paid based on response ) MISC. SALES OF T-SHIRTS AND DVD'S POSTER ART (poster store) GIFTS OR INVESTMENT INTO THE SHOW (from partners, movie producers )
REVENUES GENERATED PER MONTH, NOTED BY DEPOSITS IN CHECKBOOK
JANUARY 1/21 Sleep Center
FEBRUARY 2/3 Mediapotamus 2/16 Sleep Center
MARCH 3/10 Terrapin Station 3/10 Rev Share 3/10 Mighty Taco
APRIL 4/21 Mighty Taco 4/21 Terrapin Station 4/21 Mediapotamus
MAY 5/20 Terrapin Station 5/20 Mediapotamus 5/19 Mighty Taco
JUNE 6/2 Sleep Medicine 6/2 Sleep Medicine 6/16 Mighty Taco 6/16 Mediapotamus 6/11 Mighty Taco 6/11 Terrapin Station 6/11 Sleep Apnea
JULY 7/20 Robert Davies
AUGUST 8/9 Terrapin Station 8/9 MediaPotamus 8/12 Terrapin Station 8/18 Mighty Taco 8/25 Mighty Taco
Off Beat Cinema Financials page 5:
SEPTEMBER 9/21 Robert Davies 9/21 DiSciullo Loan 9/30 Mighty Taco
$340
$152 $692
$200 $342 $500
$500 $200 $114
$200 $16 $500
$340 $300 $200 $151.87 $1000 $200 $680
$500
$200 $18 $200 $500 $500
$1,000 $100 $500
...
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• • • ,
9/30 Terrapin Station
OCTOBER
NOVEMBER 11/5 MediaPotamus 11/11 Terrapin Station 11/28 Sleep Center 11/28 Terrapin Station 11/28 Mighty Taco
DECEMBER 12/15 Pay Pal merchandise 12/15 Poster Art 12/15 Terrapin Station 12/15 Mediapotamus
PLUS OPENING BANK BALANCE JANUARY 1 I 201 1 TOTAL INCOME FOR OFF BEAT PRODUCTIONS, INC.2011 . TOTAL EXPENSES .
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OFF BEAT PRODUCTIONS, INC.2008
COMPANY PROFIT 2011
200
$198 $200 $680 $200 $500
$163.58 $810 $300 $90
$331 .42
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$13,318.87
$12,903.79
$415.08
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TO: Esther Gulyas I Chris Fabian- E.G. Tax FROM: John Di Sciullo, Executive Producer "Off Beat Cinema"
January 2, 2013 DATE: RE: K-1 Information & Off Beat Financials 2012
Enclosed is information for the completion of the K-1 tax form for Off Beat Productions. Please process the 1099 forms for the partners in this project.
If there are questions, please call me at 716-929-9084 or mv cell, 989-8866. Note these are new numbers since joining WBBZ-TV
We will need (2) K-1 forms processed, one for myself, and one for James Gillan. We are partners in the project. For James, it will help speed things up if you give his K-1 directly to his accountant that handles his work. James is a partner and Creative Services Director for Paragon Advertising of Buffalo.
Here is Mr. Gillan's accountant:
Berti, Spechler, Sarmiento, McKay & Co. 1933 Cliff Drive Suite 26 Santa Barbara, CA 93109 (805) 963 - 0571 phone (805) 966 - 6241 fax Contact: Gordon McKay
The enclosed materials simplistically show the Gross Revenue and expenses for Off Beat Productions, Inc. for calendar year 2012. Checkbook & statements are on file.
Off Beat Productions, Inc. is owned and operated by James Gillan and John Di Sciullo and is the company responsible for the production of the television program "Off Beat Cinema."
*financial notes on profit and loss will follow. BUT FIRST ... here is the information for the 1099 forms, which I believe are due JANUARY31!
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OFF BEAT PRODUCTIONS, INC. 2012 FINANCIALS, PAGE 2: Note the cast members and outside contractors, this is the amount of money received:
ED DOBOSIEWICZ: 170 WOODWARD AVE. BUFFALO, N.Y. 14214 SS#·--~
CONSTANCE MCEWEN CALDWELL ( check 1 31 Cheltenham Drive Buffalo, N.Y. 1_4216 Ss#•--•
ANTHONY BILLONI 26 STANDISH ROAD BUFFALO, N.Y. 14216 ss ....
LANORA ZIOBROWSKI 210-61 ST.
NIAG.;aAIRIAIFIAILIL .. S, N.Y.14304 SS#w
SARAH KOLBERG P.O. Box905 Buffalo, N.Y. 14205 Ss#••••
JOHN Dl SCIULLO 5260 ROGERS ROAD B-1 HAMBURG, N.Y. 14075 SS# __ _
JAMES GILLAN 242 UNCOLN PKWY BUFFALO, N.Y. 14216 Ss#
JOEL BARONE 66 CLEVELAND DRIVE TONAWANDA, NY 14223 Ss# __ _
RICH LEE 2926 LINWOOD AVE. NIAGARA FALLS, N.Y. 14305 ss•--• NATHAN G. BENSON 65 W. HAZELTINE AV. KENMORE, N.Y. 14217 SS# & I L
LARRY KENSINGER ?? ADDRESS ADDRESS SS I BUSINESS
$350 (cast player)
$380 (cast player)
$350 (cast player)
$220 (administrative help)
$100 (production assistant)
$2,956.61 (partner disbursement) (paid back for $1,700 In shipping -600 for loan-
100 for loan - 660 for postage - $3,060 total )
$1,360
$600
$250
$1,969 ( 725 for digital box ) (19 for web photos)
( $287 noted below)
(partner disbursement)
(freelance videographer}
(freelance videograpber)
( freelance editor)
• •
• • • •
Off Beat Productions, Inc. 2012 Financials page 3:
EXPENSES- $12,925.89
List of expenses are on wori<:sheets In chronological order
INCOME· $12,164.65
List of income clients are on worksheets In chronological order
INCOME·
ALL PAYOUTS & EXPENSES
NET LOSS FOR 2012
John Di Sciullo
$12,164.65
$12.925.89
$ (761.24)
•
Executive Partner, Off Beat Productions, Inc. prepared 1/18/13
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OFF SEAT PRODUCTIONS, INC. 2012 FINANCIAL$ PAGE 3:
EXPENSES: 1/6 COPY STORE $130.50 ( printing flyers )
1/13 URBAN FAMILY PRACTICE $15.00 ( for asprin and antacid for crew)
1/29 PARAGON ADVERTISING $360.00 ( dinner re-imbursement)
2/1 PARAGON ADVERTISING $4.06 ( dinner re-imbursement)
2/1 LEE MICHEL $200 ( photographer for pictures)
2/25 LARRY KENSINGER $50 ( videographer )
3/23 ADELLE MCCARTHY $20 ( videographer )
4/5 NYS BROADCASTERS $90 ( for award submission )
4/9 NYS BROADCASTERS $30 ( for award submission )
4/13 COPY STORE $130 ( printing flyers)
4/27 LARRY KENSINGER $75 ( videographer )
5/4 U.S. POSTAL SERVICE $22.70 (shipping)
5/9 U.S. POSTAL SERVICE $22.70 (shipping)
5/14 U.S. POSTAL SERVICE $22.70 (shipping)
5/17 LARRY KENSINGER $87.00 ( videographer )
5/17 1+1 INTERNET $41.94 ( for website domain )
5/21 HARRY ROSETANNI $125 ( videographer )
5/28 SHIRLEY GREENBERG $100 ( for photo use )
5/28 LARRY KENSINGER $75 ( videographer )
5/28 NICK STUTZMAN $100 ( internet writing )
6/29 WKBW FOR SHIPPING $2,000 ( past due for shipping )
9/10 FIRST NIAGARA FEES $37.28 (new bank)
10/2 1-2-3 DELIVERY $19 ( for delivery in Buffalo )
11128 MARKET ARCADE BUFFALO $300 ( to rent Theater for event )
12/20 FAST SIGNS $49.65 ( for promotional banner )
12/24 COPY. STORE $282.75 (printing flyers )
TOTAL EXPENSES 2012 $12,925.89 ( all expenses, plus cast, crew, assistants)
Revenue generated follows on the remaining pages.
• ·-• • • • • •
Off Beat Cinema financials 2012 page 4:
Advertising for "Off Beat Cinema" comes from key television advertising clients which include: MIGHTY TACO RESTAURANTS (billed direct monthly) THE TERRAPIN STATION NOVELTY STORE (billed direct monthly) REV SHARE & MEDIA POTAMUS ( 800# as direct response advertising in all cit ies, we get paid based on response ) MISC. SALES OFT-SHIRTS AND DVD'S POSTER ART (poster store) GIFTS or INVESTMENT FROM OTHER SPONSORS, PARTNERS.
REVENUES GENERATED PER MONTH, NOTED BY DEPOSITS IN CHECKBOOK
JANUARY 1/6 MIGHTY TACO $750 1/13 MEDIAPOTOMUS $54 1/21 MEDIAPOTOMUS $36 1/21 'MEDIA POTOMUS $125
FEBRUARY 2/17 TERRAPIN STATION $200 2/17 MEDIAPOTOMUS $35 2/17 MIGHTY TACO $500 2/17 SLEEP MEDICINE CENTER $340
MARCH
APRIL 4/4 4/4 4/4 4/19 4/27
MAY 5/9 519 5/9 5/21
JUNE 6/22 6/22 6/22 6/29
JULY 7/6
MIGHTY TACO TERRAPIN STATION REV SHARE MEDIAPOTOMUS JOHN DISCIDLLO LOAN
PA YP AL DEPOSITS PA YP AL DEPOSITS TERRAPIN STATION MIGHTY TACO
POSTER ART TERRAPIN STATION SLEEP MEDICINE CENTER MIGHTY TACO
REV SHARE
AUGUST
$500 $200 $35 $35 $100
$20.99 $75.00 $400 $1,000
$500 $185 $340 $500
$211.50
8/2 MIGHTY TACO $500 8/2 TERRAPIN STATION $200
SEPTEMBER 9/ 13 REV SHARE $54 9/15 POSTER ART $405
• •
• • • • Off Beat Financials for 2012 page 5:
OCTOBER 10/2 MIGHTY TACO $500 10/2 TERRAPIN STATION $200 10/20 TERRAPIN STATION $200 10/26 MIGHTY TACO $500
NOVEMBER
DECEMBER 1211 MIGHTYTACO 1211 PAY PAL 1216 PAYPAL 12113 REV SHARE 12113 TERRAPIN STATION 12120 MIGHTY TACO 12120 POSTER ART
PLUS OPENING BANK BALANCE JANUARY 1. 2012
$500 $250 $50 $375 $30 $750 $368
$670.16
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TOTAL INCOME FOR OFF BEAT PRODUCTIONS. INC.2012 $12.164.65
TOTAL EXPENSES OFF BEAT PRODUCTIONS. INC.2012 $12.925.89
COMPANY LOSS 2012 ($ 761 .24)
• • • •
• ' • • • • • •
OFF BEAT PRODUCTIONS INC
7 BROADCAST PLAZA BUFFALO NY 14202
INVOICE DATE : 01/14/2014 ID NUMBER : 16-1546143 TELEPHONE : 716-632-7886 INVOICE NO . : 518
2011 INVOICE O,escri-ption .
1 Form 1120S 2 Schedule K-1, Shareholder ' s Share of Income, Credits , etc. 1 Form 1125-A, Cost of Goods Sold 1 Form 8879S, IRS e-file Signature Authorization 1 Other Deductions Worksheet 1 Schedule K Detail Worksheets 1 New York State Return
Remari<s: :. '··< ., :·
' '
Thank you very much for you choice of using EG Tax. If you have any questions through out ~e year please call our corporate office at 1-800-829-9998.
,, ... "'"~ J: t' •
TOtal Charges ik~- ;-
1,90. 00 :·-.·.-~:- ..... .Sales Tax · : ~~-.tjJ' •. "".$!'1' ... ,. 4.' ,, .~YI!'~ •. , .. Amount Due 100 .00
INVOICE
•
• • Fonn 8879-S
Department d lhe Treasuy lntemal Reveooe SeMoe
• • • • IRS e-file Signature Authorization
for Form 1120S
•
For calendar year 2011 , or tax year beginning,__ ____ .2011, ending _____ .20
.,. See instructions. Do not send to the IRS. Keep for your records.
• OMB No. 1545-1863
2011
Name of corporation OFF BEAT PRODUCTIONS INC
Employer identification number 16-1546143
Tax Return lnfonnation {Wlole dollars only) 1 Gross receipts or sales less returns and allowances (Form 1120S, line 1e) ............................................ 1-1-t-----::;1,...,2,_,'---,.;:9..,.8,.,.7.,.-. _ 2 Gross profit (Form 11205, l ine 3) ..... ... ....... ... .. ... . . ............................................ .. ... ..... ... f---=2+-_..:.__1_,2,.....:...., .;.,9~7,....:..... _ 3 Ordinary business income (loss) (Fonn 11205,1ine 21) ... . ... . ...................................................... f---=3+-___ 6:.._,!......:.3-=2=-6=-=-. _ 4 Net rental real estate income (loss) (Form 11205, Schedule K, line 2) ................................................ t-4+-----r---,.,-,.;-::~-
5 Income (loss) reconciliation (Form 11205, Schedule K, line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . .. . . . . . . . . . . . . . . 5 6, 6. Declaration and Si nature Authorization of Officer Be sure to et a cop of the corporation's return
Under penaHies of pe~ury, I declare that I am an officer of the above corporation and that I have examined a oopy of the corporation's 2011 electronic income tax return and acx:ompanying schedules and statements and to the best of my knowledge and belief, it is true, correct. and complete. I further
declare that the amounts in Part I above are the amounts shown on the copy of the corporation's electronic income tax return. I consent to allow my electronic return originator (ERO), transmitter, or intermediate service provider to send the corporation's return to the IRS and to receive from the IRS (a) an acknowledgment of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the corporation's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-883-353-4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. I have selected a personal identification number (PIN) as my signature for the corporation's electronic income tax return and, if applicable, the corporation's consent to electronic funds v.;thdrawal.
Officer's PIN: check one box only
~ 1 authorize EG TAX SERVICE to enter my PIN '-1 __ 1_4_2_0_2---J as my signature ERO firm name do not enter all zeros
on the corporation's 2011 electronically filed income tax return. 0 As an officer of the c:orpot'3tion, 1.,;11 enter my PIN as my signature on the corporation's 2011 electronically filed income tax return.
Officer's signature .,. Date ..,.. 01/26/2012 Trtle .,. PRES I DENT
1@1111 Certification and Authentication
ERO's EFINIPIN. Enter your six-digit EFIN followed by your five-digit self-selected PIN. 163530141 7 4 do not enter all zeros
I certify that the above numeric entry is my PIN, v.tllch is my signature on the 2011 electronically filed Income tax return for the corporation indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub. 3112, IRS e-file Application and Participation, and Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e·file Providers for Business Returns.
ERO's signature .,. Date .,. 01/26/2012
ERO Must Retain This Form - See Instructions Do Not Submit This Fonn to the IRS Unless Requested To Do So
For Paperworil Reduction Act Notice, see instructions. Fonn 8879-S (2011)
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BCA US8879S1
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• • • • • • • • OMB No. 1545-{)130
Form 11205 U.S. Income Tax Return for an S Corporation
~ Do not file this fonn unless the corporation has filed or is 0opartnw1t cttha Treasury attaching Fonn 2553 to elect to be an S corporation. 1o1eme1 Revenue SeMoe .,. Seese a rate instructions.
2011
For calendar year 2011 or tax year beginning , 2011, ending , 20
A Selection effective date Use Name Number, street, room/suite no. City/town, state, & ZIP code 0 Employer identification no.
1 6-1546143 04/25/1997 IRS FF BEAT PRODUCTIONS INC label. Other-B Business activity code E Date incorporated
04/25/1997 number (see instructions) wise, BROADCAST PLAZA
512100 printor UFFALO NY 14202 -=~=-.,.....,..,.--; type. c
F Total assets (see instructions)
$ 0 G Is the oorporation electing to be an S COflX)ration beginning with this tax year? No If ''Yes. • attach Form 2553 if not already filed
H Check if: (1) D Final return (2) D Name change (3) D Address change (4) 0 Amended return (5) D selection temination or revocation
Enter the number of shareholders who were shareholders during any part of the tax year .................................. ~ 2
Caution. Include only trade or business income and expenses on lines 1 a through 21 . See the instructions for more lnfonnation.
~: . :
3
4
5 6 12 , 987.
'iii 7
8 8
~ 9 ~ 10 ~
.2 11 Ill
i 12 13
14 .5
l 15 16
! 17 0
18 tl :I 19 a 20
21
Compensation of officers ................... .. ............................. . ....... ...... .................. 1-7;.__1---------
Salaries and wages (less erf1)1oyment credits) . ... ... ... .. ..... . ............. ........ . . .. . .................. 1--'8=--t-------Repairs and maintenanoe .............. ........... .... ... ........................ ..... ..................... 1-9;;.......1---------Bad debts ................................................................................................ 1--'-10~-------
Rents ................................... .. ........ .. ...................... .. .. ...... .......... . .......... 1--1..;..1 +-------Taxes and licenses ...... . ......... . ................. ...................................................... 1-1....;;2-t--- ----=2:...;5;_.;.._ Interest ..................................................... . ............................. . .............. t--'1_3-t--------
Deprec:iation not daimed on Form 1125-A or elsewhere on return (attach Form 4562) ........................ t-14-t-------Depletion (Do not deduct oil and gas depletion.) .......................................................... t-1_5+ -------Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
~-~-------Pension, profit-sharing, etc., plans ............................................. .. ............. •........... 1-1_7+-------Employee benefit programs . .. . . .. .. .. .. .. .. .. .. . .. .. .. .. .. . . . .. .. .. . .. .. .. .. . .. .. . .. . . .. . .. . . . .. . .. . .. . . .. 18
~-~---~~~-Other deductions (attach statement) . . .... .......... .. ........................ .... ..... . .................. f--:-19;;;--t-----::-6.:..., -=:6.::.3..::6..:.. _ Total deductions. Add lines 7 ttvough 19 .................................. . .... ........ .. .... ......... ~ t-20-+ ____ 6.;.., ..;..6..;..6..;..1_. _ Ordinary business Income (lou). SUbtract line 20 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 6 , 3 2 6 .
J!l c c Add lines 22a and 22b (see instructions for additional taxes) . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • • . . . . . . 22c
~ 23: ~~~rna:~~::;:~-~1-~ -~~~-~~~ .~~. ~1-~.:::::::: : ~,,:"'"- -:i-v•-+· -------
22a Excess net passive income or UFO recaptwe tax (see instructions) ...... ... . 22a ~ -~r·: • 1---1----------li_;.;~~
b TaxfromScheduteD(Fonn 11205) .... . .. .. ................................. 22b ,...._,~
~ " ~
c Credit for federal tax paid on fuels (attach Form 4136) ........................ '-23c....:...:...._ ______ _, , •• " •. d Add lines 23a through 23c ......... .. .......... ... ....... . . . ..................... . .. . .. ...... ....... .. .... l-23d;:.;;.:+-------
24 Estimated tax penalty (see instructions). Check if Fonn 2220 is attached ....... . .. .. . . ............ ~ D 24
25 Amount owed. If line 23d is smaller than the total of lines 22c and 24, enter amount owed . .. ...... . ........ i-=2:.::.5-t--------
26 Overpayment If line 23d is larger than the total of lines 22c and 24, enter amount overpaid .................. 1-26--t--------27 Enter amount of fine 26 Credited to 2012 estimated tax~ I Refunded.,. 27
Under penalties ctl*)lry,l cled~nlhall halle examined lhis return. induding 8CXXllll)anying schedules and statemeniS, and 10 lhe best d my knowledge and belief, Sign ~ lslrue, mrrect, and CXlf1111ete. Oedanlllotl dptepater(clherlllan la>cpayet) Is based en 811 Wormallon of..nt:h pn!plnrhasany knowledge.
Here ~ I ~ PRESIDENT l'n:l~=~;.,h8c~::"ll, ~mr.i,=.,=ss=bel-=hs=--=retum=-:::wnr:· , :-----,1 , Signature of officer Date , Trtle (seeNiruclions}? ~~Yes nNol
PrinVType preparer's name I Preparer's signature I Date I Check U;rl PllN Paid g_HRISTOPHER FABIAN k;HRI STOPHER FABIAN 01/26/2012 ~ I P00779859
Preparer's Firm'sname ... EG TAX SERVICE ... Firm'sEIN ... 16- 14741 40
UseOnly Firm'saddress ... 2475 NIAGARA FALLS BLVD Phoneno.
BUFFALO NY 14228- 716-632-7886
BCA For Paperwork Reduction Act Notice, see separate Instructions. us1 12051 Form 11205 (2011)
•
• • • • • • • • • Form 11205(2011) OFF BEAT PRODUCTIONS I NC 16- 1546143 Page2 1---r.1 rnr. m r:11: 1 Other Information (see instructions) Yes No
1 Check accounting method: a~ Cash bU Accrual c U Other (specify) .,...
2 See the instructions and enter the:
a Business activity .,... BROADCASTING b Product or service .,... MOVIES
3 AJ. the end of the tax year, did the corporation own. directly or indirectly, 50% or more of the voting stock of a domestic
corporation? (For rules of attribution, see section 267(c).) If ''Yes," attach a statement showing: (a) name and employer
identification number (EIN), (b) percentage owned, and (c) if 100% owned, was a qualified subchapter S subsidiary election made X 4 Has this OOtP filed, or is it require<! to file. Fonn 8918, Material Milt«< Disclosure Statement, to pro<Jide information on eny teportalll& transaction? ... . X 5 Check this box if the corporation issued publidy offered debt instruments with original issue discount ........... . ......... .,... D
..
If ched<ed, the corporation may have to file Fonn 8281, Information Return for Publidy Offered Original Issue Discount . .
Instruments.
6 If the corporation: (a) _was a C corporation before it elected to be an S corporation o r the corporation acquired an asset with a ... basis determined by reference to the basis of the asset (or the basis of any other property) in the hands of a C corporation and (b)
has net unrealized built-in gain in excess of the net recognized built-in gain from prior years, enter the net unrealized built-in gain .
--- " ... . .. reduced by net recognized built-in gain from prior years (see instrudions) ................ .... $
7 Enter the acrumulated earnings and profits of the corporation at the end of the tax year. $ . "
8 Are the corporation's total receipts (see instructions) for the tax year and its total assets at the end of the tax year
less than $250,000? If ''Yes," the corporation is not required to complete Sdledules Land M-1 .................................. X 9 During the tax year, was a qualified subchapter S subsidiary election terminated or revoked? If "Yes," see instructions ........•... X
10a Did the corporation make any payments in 2011 that would require it to file Form(s) 1099 (see instructions)? ................ • ..... X b lf''Yes," did the corporation file or will it file all required Forms 1099? .. .. . .. . .. .. .. . .. .. . .. .. .. . .. .. . . . . .. .. .. . .. .. .. .. . .. . .. .. . X
(I m om I ill~• Shareholders' Pro Rata Share Items Total amount
1 Ordinary business income (loss) (page 1 , line 21 ~ . . . .. . . .. .. . • . .. .. . . . .. .. .. . .. . .. .. . .. . .. .. .. .. . . . . . . . . 1 6 , 3 2 6 •
2 Net rental real estate income (loss) (attach Form 8825) ........................ . ................... . ... .. 2
3 a Other gross rental income (loss) ................... . . .. ... . ........ ... . . l 3a J J"':>i')~
~ . .:· b Expenses from other rental activities (attach statement) ........ • .•.... . 1 3b I : (.~ - c Other net rental income (loss). Subtract line 3b from line 3a 3c 1/) ............ . . ... ... .......... .. ...... . .....
1/) 4 Interest income ... . ..... . . . ............................ . .... . ..... . ... . . . . ... . .•.... . . • ................ 0 4
::::!. 5 Dividends: a Ordinary dividends 5a Q)
Qualified dividends :::::::::::::::::::::::::::::::::: ::f -~~-f .. .. ..... .... .. .. ... ... .. i ~ .~ ~'l E b
0 6 Royalties .. ............................................... ...... ....... ... ....... . ................... .. 6 ()
..5 7 Net short-term capital gain (loss) (attach ScheduleD (Form 1120S)) · ··· ·· ···· · ·· · ·· ······ ·············· 7 Sa Net long-term capital gain (loss) (attach ScheduleD (Form 11205)) . . ... . .... . ......... • ........ . ...... 8a
b Collectibles (28%) gain (loss) .......................................... ! sb I .~~·r .. ..; c Unrecaptured section 1250 gain (attach statement) .................... ] 8c l ;~ i(:f
9 Net section 1231 gain (loss) (attach Form 4797) .................................................. . ... .. 9
10 Other income (loss) {see instrudions) . .•.....•. Type .,... 10
Form 1120S (2011)
BCA U$1120$2
• • • • • • • • Form1120S {2011) OFF BEAT PRODUCTIONS INC 16-1546143 Page3
Shareholders' Pro Rata Share Items {continued) Total amount
!! 11 Section 179 deduction {attach Form 4562)..... .. . ............ ... . .... ................. .. ... .. ........ 11 ~ 12a Contributions .... . ............................................. ..... . .. .............................. 1---+--------12a 100. u
~ : ==~~!~:;;e:;:~u~~·· ·~~; ·;~~··························· · ···············{;)· ·~~~ ~ ·· 12b
12c(2)
! 0
tl :z c
~ c Cll
1
, c co
d Other deductions {see instructions) ......... ... Type ~ 12d
13a low-income housing credit {section 42(j)(5)) ........................................... . .. . .......... . 13a
b low-income housing credit (other) ................... .... . .... .............. .. .. ... ...... . ........ . . 13b
c Qualified rehabilitation expenditures (rental real estate) (attach Form 3468) .............. .. . .. ...... . . . 13c
d Other rental real estate credits (see instructions) Type ~ 13d
e Other rental credits (see instructions) ...... .... Type ~ 13e
f Alcohol and cellulosic biofuet fuels credit (attach Form 6478) ........................... ........... ... . 13f
g Other aedits {see instructions) ........... ..... Type ~ 13g
14 a Name ofcounby or U.S. possession ~--------------------b Gross income from all sources ................ . .. . ............ .............. ........ . ............ . . .. . 14b
c Gross Income sourced at shareholder level. .............. •........ . .. . ... .......... . ... .............. . 14c "'·'· ' Foreign gross income sourced at corporate level
d Passive category .................................................................................. .. 14d
e General category ......................................................... .... .................... .. . 14e
14f f Other (attach statement) ........ .. . ................................................. . ................ ·r.:-:-:--:+-- - - ----Deductioos allocated and apportioned at shareholder le11el
g Interest expense .. .... . ............... . ..... . .. . .............. ........... ............... ......... ... l-1;..;4g~t--------
h Other .............. . ............................................. ...... ............... .......... ..... 1-1;...:4.:;-h-+- - ------·; .,Jtl.o• Deductions allocated and apportioned at corporate level to foreign source inoome
i Passive category ... ......................... ... ............. ............. ............. ........... ... l-1~4i.:..;.·-+--------
j General category .................................................................................... l-1;...;4j.._· +--------k Other (attach statement) ............................................................................ l-1_4...;.k+--------
Other information "'
I Total foreign taxes {check one): ~ 0 Paid 0 Accrued ........................................ l-1_41_t--------m Reduction in taxes available for credit {attach statement) .... . . .... ...................... ..... ......... l-1r4•m-+...,..,....,.....~,.,....-:-:-r.....-..-:-
n Other foreign tax information (attach statement) :1 ~'~ if. ~.f.':'" ::~.:.·';- ·~rJ· ·:.t .,t:r:·: 15a Post-1986 depreciation adjustment .............................. . .. . .................. ... ... . ....... l-1;..:;5a..;;;_t--------
b Adjusted gain or loss ... ............... ...... .. .... ............. ......... .............. ........ ...... l-1;.:5b..;;;_+---------
c Depletion {other than oil and gas) .................................................................... l-1;..:;5c~l---------
d Oil, gas, and geothermal properties- gross income ............... ....... .......... ............... ..... l-1;..:;5d_::_t------ --
e Oil, gas, and geothermal properties- deductions .. ............. ......... ............... ..... .......... l-1;.:5e..:;_+-- - ------f Other AWIT items (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. . . . . . . . . . . . . . . . . . . . .. . . .. . . . .. . . . 15f
16a Tax-exempt interest income ............ . ... .. ................ . ........................... ..... ....... l-1;.:6a=-t---------
b Other tax-exempt income ...... .......................... .... ................................... ..... l-1.:.6b:;:_~-------
c Nondeductible expenses ................. . ........................ ... ............................... t--1_6c_t---------d Distributions {attach statement if required) (see instructions) ........ .. ................... .... ......... t--1_6d__,,__ ____ s-',_4_5_0_._
e Repayment of loans from shareholders . .. . . . . • . • . • .. .. • . . .. . . .. . . .. . . . . . . .. . . . . . . • . . . . . . . . . .. . . .. • . . 16e
17a Investment Income ............ 1 • .............................. .. ........................ .. . .. ..... . . t-1_7_a-+-- - --- - -
b Investment expenses ........... .. ................ ..... .................. .... ................. ..... .. t-1_7b_+-- - ------
c Dividend distributions paid from aocumulated earnings and profits .. . ...........• . ... .. .. ...•. •..•.... t-:1;-7-'-c-+=::--:-:--::::--:-:--::-'"'!':':-::..-:d Other items and amounts {attach statement) · " " ::..:;:."K :.~.: · ~ ~ , ··~·/·: ,
8~ 18 •= lncomelloss reconciliation. Combine the amount on lines 1 through 10 in the far right coiOOlll. a::~ From the result, subtract the sum of the amounts on lines 11 through 12d and 141 . . . . . . . . . . . . . . . . . . . . 18 6 , 226 .
Form 1120S {2011)
..
BCA US1120S3
•
• • • • • • • • Form 1120S(2011) OFF BEAT PRODUCTI ONS INC 1 6-1 546143 Page 4
~1ti1 I:.lt11H"IIII Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Gash .... ...... ...... .... ...... .. .... .. .... ..
2a Trade notes and accounts receivable. ..... . .. ·1-----------1
b Less allowance for bad debts ... .. .... . ...... 1!.(-------4---- - ----f----------''1-------- -3 Inventories .... . . .. .... . . .. .. ... ... .. .. ... . . .
4 U.S. government obligations .. .. . .. ... . . .. . .. . 5 Tax-exerll>t securities (see instructions) . .. .. . 6 Other current assets (attach statement) .. . . . .
7 Loans to shareholders .. .. .. . . .. ............ .. 8 Mortgage and real estate loans . •. .. .. . . . .... . 9 Other investments (attac;:n statement) ....... .
10a Buildings and other depreciable assets .. . . .. . ·1------------1
b Less accumulated depreciation . . .. . ... . . . . .. 1!.( _______ 4 _-,-...,-...,....,.,..,...-.,.--!-l--------..!.h-- ..,.,-- -=-- --=--11a Depletable assets • ... . .. . . . .•.• . . . •• ..... . . . ·1--------;
b Less accumulated depletion . • . . ... . . •... . . .. ·r.< ~-;-----::, :-:-, _....,,_...---;,!""n r-"'"'·. -'t--------t'-...,..-...--::7'7.---:-:--'t----- ---12 Land (net of any amortization) . •.. .... ... . . . •. · "'' - .. ,.
13a Intangible assets (amortizable only) .. . . . . . . . ·1------- - ---1 ,, . • .. •• ~ j
b Less accumulated amortization ...•. . ... .. .. ' !-':~---;-. -:-.:-:. _....,. __ ..,.,.,,...,.:--..,...,.-,...+lf--------+"-:--:--:---:---:-~-'+--------14 Other assets (attach statement) .. ..... . ...... · · · · · • ' · ' '
15 Total assets ............. .... ... . ........ . ... .
LlatHIItles and Shareholders' Equity r.-~--.~ .. ~---~~~---l. r----~~~,~~.--+--:---.-~-=--~~~- ~: +- ~- ~,---;-, -_~-~-~.
16 Accounts payable ...... . ..... . ...... ..... .. .. •· " .. ·.:· t t:· ;.. ; -
17 Mcltlepges, noleS, bonds payatlle in less than I yel6
18 Other current liabilities (attach statement) 19 Loans from shareholders ... .... .... .. . ...... ·
• ~ I'!. J ; ... . . ~ . ... .:-·:. 01 • t.. ..... - ~' -
~ . ~
•• "# • • 1r.
20 ~-.-~int year or more .... .. ~ .rrt: rt-- :r-- -
21 Other liabilities (attach statement) ..... . . . ... . 22 capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - ._-. - -
...... • - .. f. •.
., .. -_.~ 1-------
:J • " 23 Additional paid-in capital ........ ...... . .. .. . -. ~, . ·; :; _. • : ;· 24 Retained earnings .... . .. . ... . . ............... - ·-F- -- ,. .. - T ,. -· ' • ~- < .. -- -
3 • ~ ::: • .- ·~ '11 ... '-~·. . :· .. :: 25 AdjustrnlntSto~equily(III. Sialement) •• ..• . < ., < > , :.t ~' ~ • •. - ' 1---------
. ' . ( . i I, ' '< ;, , • 26 Less cost of treasury stock.. ........ .. .... . .. . : T' ,- ''f' ,- <H - II ) : ~: ·.~ c·.:· ;.: .. !" . ( 27 Total liabilities and shareholders' equity . .. . .. ~~,.:;_,;,:; .,!i, .. -~ ~~.:_,~ ... ~l!>' . .-, '• i!..•·~ ~;i~, ,Ef.,; ·P---- ----..!.. Schedule M-1 Reconciliation of Income (Loss) per Books With Income (Loss) per Return
Nota: Schedule M-3 1 Net income (loss) per books . ... .. .. . .... . 2 Income lnduded on Schedule K. lines 1, 2 ,
4, Sa. 6, 7, Sa, 9, and 10, not reoorded on books this year (itemize):
instead of Schedule M-1 iftotal assets are $10 million or more- see instructions 5 Income recorded on books this ~r not
l----------1 ind uded on Schedule K. lines 1 through 10 (iterrize):
a Tax-exempt interest $ ---- - ---1
1 through 12 and 141, not charged against book income this year (itemize):
a Depreciation $ - ---------1
7 Add lines 5 and 6 . .. . .... .... . ........... . - --------------t----- - --; 8 lnc:on'e (los$) (ScheciiM K. line 18). Une 41essline 7 t------ - -
Other Adjusbnents Account, Shareholders ndistributed ax.a e ncome I I T ed rev OUSIY ax (see instructions)
(a) Accumulated (b) Other adjustments ~{Shareholders' adjustments acoount acoount undi ~le income
ytaxed
1 Balance at beginning of tax year .......... ...... 331. 2 Ordinary income from page 1, line 21 6 , 326 . . - -. - ~ ~· -. ~ . .. ..... ..... -- ~ -3 Other additions ··· ·· ·· ··········· ·········· ·· ·· .. .,. .• ..o: ~ . ..
" - t
4 Loss from page 1, line 21 ... .... ............ ... ( ) . .. - !
~ . . ' :. 5 Other reductions ............................ .... ( 1 00 . )( ) ' .. . 6 Combine lines 1 through 5 ........ ...... ........ 6 , 557. 7 Distributions other than dividend distributions .... 5 ,4 50. .. 8 Balance at end of tax year. Subtract line 7 lrom ~ne 6 ...... 1,107.
Form 11205 (2011)
BCA US1120S4
•
• • • • • • • • •
us 1120S State Information and 2011 Estimated Tax Payments 2011
Name: OFF BEAT PRODUCTIONS INC EIN: 16-1546143 State retum Overpa~t First quarter Seoond quarter Third quarter Fourth quarter is needed credited from 2010 P4/15/2011 06/15/2011 P9/1512011 12/15/2011 Total
Federal Not~
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
DC Aorida Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa Kansas Kentucky -Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota Mississippi
Missouri
Montana
Nebraska
New Hampshire
New Jersey New Mexico NewYorit ~
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Utah
Vermont
Virginia
West Virginia
Wsconsin
@2011 CCH Small Fm s.Moes. /'Jl rights reteNed. USS5nNF
..
• • • • • • • • us 11205 Line 19 - Other Deductions 2011
Name: OFF BEAT PRODUCTIONS INC 10 number: 16-154 614 3 Type:
Ao::ounting ........ ...... • . . • ...............•.....•.... . .............. • . • ......•.. .. .... .. .. . ... ................ ·r---------Amortization ... . . ... .... ....... . ..................... ...... ... .. ............. ........... . . .. . ......... • . ... ... .. ·r---- ------Answering service ....... ................... .... ..... . ...... ...... ..................... ............. ............. ·r----------Auto and truck expenses ................................................................ .. ...................... ·r---- ------Bankcharges ................................................................................................... ·r----------Commissions ................................ ........ . ..... . .... . ............................. .... .............. ·r----------Computerexpense .......... ............................... . ...•...•........... ................. ................ ·r----- - ----Delivery and freight ....... : .....•.................. . .. ..................•........ ... .. ... .. .. ................... 't-----------
Dues and subscriptions .......... . .......................... ... .. .................. ...•.........•.. .............. 't-----------:;"""'oc---
Entertainment and promotion .................. .. ... .. ................................. .. . . ...... .. .............. ·r-----------:;1,..,. 9""'1 0=--. _
Gifts ......... ... . . ............ . ................................................................................. 't--_____ ___;;;.1-=-..:.. 25_._ Insurance •..• .. • .. .....................•.... . . ......• .. . .•. ... •..•.. .. .. . ........... .... . ..•..... .......... . . .. ··r---------Janitorial ....... .. ......• • ....... • ................ ... .... .. ............................. .... . ................... ·r---- - ----Laundly and cleaning ....................... .. ...................................... . .... . ... . .. . •............... ·r---- ------Legal and professional fees ...................... .. ................................. . ....... .. .. . ............... "r--- - - -----Ucenses and permits .... ..... . .. . .... ..................... ....................... .................. ........... "f----------Meals: at 50%.
at 80"1..- DOT houiS of service
at 100"1..- See instructions .... ..................... ............. "r----------Misc:ellaneous .......... .. ................... .......................... ........... ............... ................. r----------Office expense ............. ................... .... . ...... ............................ .. .. ........ .............. ·r---- ------Outslde service ............. ......... ........ . .... . .. .... ... ....................... . ... ...... ... .. .............. ·r---- - -----Parking fees and tolls. ... •........................ .... . . . • ...... ...... ............ .... • ............... • .......... ·r----- --.,..-,..,...--Postage ........................ ..... .. .......................................................... . ....... . ........ t--______ 1_4_ 5 ._ Printing ........................ ............... ..... ............ ....................... ............... .......... "t----------Sales expense ...................... . ......... .. ........... . ... . ....................... ............ ............. ·r----------Security ......................................................................................................... ·~----------
Supplies. ....................................................................................................... " t---- - -----Tetephone •................................... . ................................................................. ·r---- ------Terf1)0r8ry help ............ .................. ... ...... ... ............................. .......................... ·r----------Tools •....... ..... .................. . ......•......... · · · · · ·. · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·t-----------Trade show expense ....... . ......... ............. .... ............................... . ..... ..................... ·r----------Training and serninaiS ................. ....... .. ... ........... .... ... ................ ............ ............... "t----------Travel ............... ........................... · .. · · ...... · .. · · .... · .. · · .. · ........ .. · .. .. · .. · · · .. .. · .... · .... .. 't---- - -----Unifonns ...................................................................................... . ... ............. "t----------Utilities ...................................................................................... . . . . .............. "t--------:~~,..,..--
CONTRACT LABOR ............................... ... .. .... . .................... ·r------5.:..., ....,02...,5,...._ SHOW FEE ...... ........................ .................... ......... ... t-------~3,...0-=-·-MEDIA ............................................................ "t---------.1::-::0""4,......_ VIDEO .............. ............ ........ .. .............. .......... "t---------:5;-;.;2.,_,4~.-PHOTO ....... ......................... ....................... ...... ·r---------:1.,_,0:.-,;0~.-COPIES ............................ ......... .................... .. .. ·r--_____ 3::..;' ~;....:1.3;....:·:...._
-------------- - · ...... .... .. .. ............. .. ............... ...... ......... "f------------------------ - · .................................................... .. ..... "t---- ---------------------· ................................................... .. ...... "t--- - ------____ ___________ .. .. ................................... ..................... "t----------_______________ .... ........................................ .............. ""!---- - --------------------· .................. .. ................ ........... ............ .. t---- --,....--..,...,..,..,...--
6,636. Total ...................... ...... : ................ . .................................. . ......................... ..
@2011 CCH Smell F'nn SefVices. AI rights rue!WCI.
..
•
• • • • • • • • • 671111
Schedule K-1 n Final K-1 n Amended K-1 OMB No. 1545-0130
(Form 1120S) 2011 I :F.Tii illl. Shareholder's Share of Current Year Oepartmenl of 1M Treasury For calendar year 2011. or tax Income, Deductions, Credits, lntemal Rellenue SeNic:e
year beginning JAN 01 • 2011 and Other Items ending DEC 31,20_!! Ordinaoy busineu income (loss) 13 Credits
3,163. Shareholder's Share of Income, Deductions, 2 Net renlal real -· income (lo5s)
a-etc. • See page 2 and ~.._•a•~ instructions.
Information About the Corporation 3 Other net rental income (loss)
A Corporation's employer identification number 4 Interest income
16-1546143 B Corporation's name, address, city, state, and ZIP code [Sa Ordinary dividends
OFF BEAT PRODUCTIONS INC 5b Qualified dividends 14 Foreign transactions
7 BROADCAST PLAZA BUFFALO NY 14202 6 Royalties
C IRS Center wtlere corporation filed return 7 Nellhof1·141n'n capital gain (lou)
Cincinnati l:lffill.
lnfonnation About the Shareholder [8a Net long-tenn capilal gain (lOis)
D Shareholder's identifying nurrber [8b Collectibles (28%) gain (loss)
E Shareholder's name, address, city, state, and ZJP code [sc ~section 1250 gain
JOHN DI SCIULLO 9 Net section 1231 gain (loss)
5260 ROGERS ROAD 10 Other inoorne (loss) 15 Altemalille rrin. tax (AMT) len.
HAMBURG NY 14075
F Shareholdets percentage of stock
ownership for tax year .................. .... 50.000%
[11 Section 179 deduction [16 "' ..... ,.. basis
D 1,950. 12 Other deductions
~ ' p. 8 50 .
9! => (/')
!!: ~
17 Other information
• ~ attached statement for additional information.
For Paperwork Reduction Act Notice, see Instructions for Form 1120S. Schedule K-1 (Fonn 1120$) 2011
BCA US1120K1
• • • • • • • • US 1120S (2011) K-1 Attachment Page2
Shareholder:JOHN DI SCIULLO 50. 000 % 10: • a • 14 Foreign transactions
a Name of foreign country or U.S. possession .... .. . .. .. ... ... . . . .. .. . .. .
b Gross income from all sources ... . .. . ..... .. . . ........... . . .. ... . . . ... . .... ... .. . .. ......... . ........... .... . . ... .. ·r--------c Gross income sourced at shareholder level . .... . . . .. . .... . .. ...... .. ........... . ...... . ..... . .. ... . ........ . ...... . .
Foreign gross income sourced at corporate level
; ~~~:=~:·::::::::::.::::·:: :- : :: ::::::::::: : :::: : ::: : ::::: :::: · ::::::::: : · :::: ::: :: : :: : :::_ : :::::::: :: :::::::11---------Deductions allocated and apportioned at shareholder level
g Interest expense ... ... ... .......... . ............. .... ........ . ... .... ..... .. .. . ..... .. .. ...... .. ....... ............ ·r--------h Other ..................... . . ... . ...... . ........... ........ . . ... ..................... ... . ..... . .......... . ......... .
Deductions allocated and apportioned at corporate level to foreign source income
. ~~=- -• : · -.:· · ··· ·· ··· · ··:··· ··:· ·· ·•• :••• •• ·•······· · · • · :·••:: .• : .. •:::·••:···•-••······· :·:·•·.: .• ::It--------Other information
Total foreign taxes paid or accrued ........................ . ................ . . . ..... . . ... ... ............. .... . ........ ·r--------n Reduction in taxes available for credit ..... . ................................. .. ................................ ...... .
other foreign tax information
o Foreign trading gross receipts .. . ........................ . ... . .. ... . .. .... ..... ..... . ... .. .... .. ............ ... .. .... ·r--------P Extraterritorial income exdusion ... . .. .. ...... . . . ....... .. ..... . .. ..... .. ... .... ....... .. ..... . .... ...... .... ........ '1--------q Other foreign transactions ............... .. ................ .
15 Alternative minimum tax (AMT) items
a Post-1986 depreciation adjustment -·· ..,!'" •. .., ... t . - ·- .. ~· l -. Orttinary income . . ............ . ...... . . ...... . ....... . Rental
b Adjusted gain or loss .~ .. • ~..-;
Ordinary income .. . ....... .. ............ ... ...... .... . Rental I c Depletion other than oil and gas ................................... . .. ................. .. .... ........................ ·1---------d Oil, gas, or geothemlal properties- gross income ... . ........... .. ...... ..... .......... . .. . .. ... ... ................. ' I-· --------
e Oil, gas, or geothemlal properties -deductions .... .... ...... .. .............. ..... . .. ... .. ............ .... . ......... .
f ~Other~~a~typei=· Pre-1987 depreciation adj~~~~-i~~~ -~~-~i~- ~~f . ..... ...... . Rental I{;~;,~·:,~:~;,;:;
17 a Investment income .. . ............ i ......... ·1--------~ b Investment expenses .... .. ....... . .. .. .... "t--------; c Qualified rehabilitation expenses, other than
rental real estate . .. ... .............. .. . .. . .. ·1--------~
d Basis of energy property .................... "t--------1 e Recapture of low-income housing credit,
section 42(jX5) applies ... ... . . ........ . . .. ·1---------1 f Recapture of low-income housing
credit- other ......... . ............ ... . .. .. .. ... "1-----------i
g Recapture of investmen~ credit
h Recapture of OCher a9dits
Look-back interest - completed
......... . . ···1----------i
long-term contracts . .. ........ . ........... "1--------1 Look-back interest - income forecast
method ................ . ......... . ....... ..
. ....... Amount ·•
k Dispositions of property with section
179 deductions ............ .. ... ....... 1---------Recapture of section 179 deduction . . . . . '1--------
m Section 453(1)(3) information . ..... . ..... . '1--------
n Section 453A(c) information . . ... .. . ... . . '1--------
o Section 1260(b) information . . . . . . . .. . . .. ·r--------P Interest allocable to production
expenditures ........................... ·r--------q CCF nonqualified withdrawal. .. • . .... . ... '1-------r Information needed to figure
depletion- oil and gas ..... .. .......... ·1---------
s Amortization of reforestation cost ....... . . 1--------
t Section 108(i) information .... ......•.... ·1---- ---.:...._ u Other i[lforrnation .. ........ ....... . ..... .
@ 2011 CCH Small Firm Senlices. PJ1 rights rese<Ved. US1120K3
•
• • • • • • • • • 671111
Schedule K-1 n Final K-1 n Amended K-1 OMB No. 1545-0130 (Form 1120S) 2011 I:F.Tilll. v .... ,,.., , .. ,d<.r'~ Share of ~urrent Year [)apartment at the Treasuy For calendar year 2011, or tax Income, Deductions, Credits, Internal Rewnue Sef1llce year beginning JAN 01 . 2011 and Other Items
ending DEC 31,2011 1 Orcinary business income (loss) 113 Credits
3,163 . Shareholder's Share of Income, Deductions, 2 Net rental real ~income (loss)
-etc. .,. See page 2 and separate Instructions.
Information About the Corporation Other net rental income (loss)
A Corporation's employer identification number 4 Interest income
16-1546143 B Corporation's name, address, dty, state, and ZIP code I sa Ordinary dividends
OFF BEAT PRODUCTIONS INC l5b Qualified dividends 14 Foreign transactions
7 BROADCAST PLAZA BUFFALO NY 14202 Royalties
c IRS Center where corporation filed return 7 Net Wlft·leml capital gain (loss)
Cincinnati llir.Ti·l·
Information About the Shareholder Sa Net~ c:ap;gl gaon (loss)
D Shareholder's identifying number 8b Collectibles (28%) gain (loss)
E Shareholder's name, address, dty, state, and ZIP code Be ~ Mdion 12S>oo*>
JAMES GILLAN 9 Net section 1231 gain (loss)
242 LINCOLN PARKWAY 110 Other income (loss) 15 M...-.ative rrin. tax (AMT) ilems
BUFFALO NY 14216
F Shareholder's percentage of stock
ownership for tax year .............. ..... •.. 50 . 000%
11 Section 179 deduction 116 affecting sharehoklet baSis
p 3 , 500 . 12 Other deductions
2:-
8 ' ~ 50 . a! ::I f/)
~ ... &
117 Other infOITTlation
• ~ attached statement for additional information.
For Paperwork Reduction Act Notice, see Instructions for Fonn 1120S. Schedule K-1 (Fonn 1120S) 2011
BCA US1120K1
• • • • • • • • us 11205
FOR I NFORMATION REGARDING LINES 1-9 , SEE PAGE 3 K-1 Attachment 2011
Shareholder: JAMES GILLAN 50 . 000 •t. 10 :
9a Unrecaptured 1250 gain included in line 9 and 10b ....... ... ..... ....... ... ...... . . .............. 1'------ ---10 Other income (loss)
a Other portfolio Income (loss) .. . ................ .... .... .....• . . . . ........... ....•. . ....... . .............................. ·1--------b Involuntary conversions .........................................................................................•........
Form 4684, gain at 28% ..............•..................... . ........... . ......... . ........ . ..... ''--- ------,--------
c 1256 contracts and straddles ................................ . ................................................ . ......... 'f----- ----d Mining exploration costs and recapture ..... ...... ....................•.......................... . .......•..... . ........ 'f----- ----e Other income (loss). Type and amount
11a Section 179deductionforordinary inc:omeorloss ........ .. ... ............•...... . ............... f--------b Section 179 deduction for rental real estate income or loss ........•.............................•. 1
12 Other deductions I Deductions· portfolio (other) . ........ .. . . ... . .. .
a Cash contributions-50% . . . . . . . . . . . . . . . . . . 50 . m Preprodudive period expenses ....... .. .. . .•..... f--------b Cash c:ontributioos-3QO.k . . . . . . . . . . . . . . . . . . n Commercial revitalization deduction
c Noncash contributions-50% .... ...•• . ..• ·1-------~ from rental real estate activities ....... .. ........ 'f----- --- -d Noncash c:ontribulions-30% . . . . . . . . • . . . . . o Reforestation expense deduction ............... .
e Cap. gain property to a 50% org.-30% . . . . . . p Domestic production activities information f---------f Capital gain property-20".k . . . . . . . . . . . . . . . . Attach statement . . ... •...... .. .•.... . .. . ...... . . f--- ----- -9 Contributions 100% . . . . . . . . . . . • . . . . . . . . . . q Qualified production activities income ........... 'f----- --- -h Investment interest expense . . . . . . . . . . . . . . . . Qualified production activities income (oil related) f-------- -i Deductions - royalty income . . . . . . . . . . . . . . . . r Employer's W-2 wages •.. . •... ...... . .....•.. . ..
,• . ; ;
j Section 59(e)(2) expenditures . . . . . . . . . . . . . . s other deductions
k Deductions- portfolio- 2% floor .. ........ . ''------- --l Form 4684, line 32 .... .. '1---------r:-·· .....:.._ . .....:·:...· ·_-·_· ....;.;..._:__.__ 13 Credits and credit recapture
a Low-income housing credit - section 42(j)(5)), from pre-2008 buildings .......... .. ... ... ... . ................... . ........ 'f-------- -b Low-income housing ae<frt - other, from pre-2008 buildings ........................ ... .......... .. ...... .... ..... ..... . 'f-------- -c Low-lncome housing credit- section 42(j)(5)). from post-2007 buildings ......... . ........... . ........................... ·f--- - - --- -d Low-income housing credit- other, from post-2007 buildings .....• .... .... . ... . ........... . ........... ..... • ........... ·1---- --- -e Qualified rehabilitation expenditures, rental real estate ...................... ... ....... .. ................. .. .. ... .... . .... . ·f----- --- -f Other rental real estate credits .......... . ......... .. ....... . ........... .. .............................. . ... ...........•.. 'f-------- -9 Other rental credits .. ........... .. ...... .. ..... . . . ......... . .... .. ... . ......... . . . ..... . . .. ........... . .•...... .. . . ..... ·f-------- -h Undistn'buted capital gains credit ....................................................................................... ·f-------- -i Alcohol and cellulosic biofuel fuels credit ................. . ......•• . .......... . ....... . ........... . ......... .. .......... 1--- - --- -j VIA:lrk opportunity credit ................ .. .... . ... . ......... . .. . .... . . . ....... . . . ... . ...... . ......... . ........ . . . . ....... ·1----- --- -k Disabled access credit ................................................................................................. .
~-------1 ~zone and renewal community employment O'edit ....... . ................... .. ........ . ... ...... ........... -~-------
m Credit for inaeasing research activities ... ...... . . .. .......... . ........ .. ...... . .. .. ....... . ........ ... . . ................. . 1--------n Credit for employer social security and Medicare taxes ................................................................... ·1--- --- - -o Backup withholding . . ....••.....•...... . . . ..... . . . ....... . .. . ................. . .. .. ...... . ................... .... ...•... 'f--- --- - -p Other credits - see information below .. . . . ....... ...... ....... . ...... ... .. . .... ... . . ............ .. ... .. ...... ...... ... . .. . .
- ... ll . ':: Form 3468, line 11m, credit from an electing large partnership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - r l ; .
J!; - -. - .
Form 3468, line 9 and 13, credit from cooperatives ........................... . ................ " 1----- ---' - • - " - = · -Form 58848 . ........ . .. ........ ..... .'.. .. . .. . .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. . .. . · ·\ '~:: ,., :~ · ~ -~-· .- , •. :
F 8820 '" r .a ·""' t ~ ' f
orm ....... .. ....... . ..................... .. .............................................. ;:: ,;~ . , ~"'· -- ;~. - ·
Form 8834, Part I
Form 8835, Part I
Form 8835, Part II
........................... . .......... .. ............. ... .................... ~------- • I· " ~
~ ~ . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 0 • •• •• • •• • ••• • ••• • ••• '1------ --- - ,-. ... l.!. -::' ~-· . ..-
....... ........... .... ........... ... ....... ... ....... ............... ....... '1------ ---Form 8845 ....... . ... ..... ............... . . . .... . .............................................. 'L--....,-- --:---- •. _ .
Reserved for Mure use ... .. ................ .. ........ . ................................. .. ..... ,·'~'--"'--.::......-~:.!........;:.....~_ ; -~ . ~ "·
Form 8874 .......•..•............................. ....... . . . . ................ . ................. ·1-- - - - - - .. ., ,. __ _ . _ ,,, Form 8881 ..................................... . .. . ..................... .. ..... · .... · · .. · -- .. · "1---- --- , Form 8882 .... .... . .. ..... . .... . ....... ... ..... . ....... . . . .... • . .. .... ... . ............ . .. . ..... ·1---- --- · Form 8907 ....................•................ . ....•......... ... .. · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·l--------
fil . .. .... , ... -·
Form8908 ·············································································· ········f---- - - - - ,_,. · ~ Form 8910 ... . . ..... .... ... . •...... • .. . . .......• . .. . ......... . ..... ... •....•. .. • .•... . .. . ...... 'f----- --- ... Form 8936 ...... . .................... . ..................... ..... ........ . ...................... " f------ --- .. Form 8941 .......................... . ............................ .. ............................ 'f--- ------ ' . Other credits ..... . ................... .... ...... .. ..... . .. .. ........... ... ..... . ................. .
G 2011 CCH Smal Firm SeMats. All rights reserved. U$11201<2
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• • • • • • • • us 11205 (2011) K-1 Attachment Page 2
Shareholder: JAMES GILLAN 50 . 000 % 10: 14 Foreign transactions
a Name of foreign country or U.S. possession ................ ..... .. . ... .
b Gross income from all sources ..................................................................................... ·11---------c Gross income sourted at shareholdef level ................ . ...................................... . ..... ............ .
Foreign gross income sourced at corporate level
; ~=:~i~:~:·::: -:: : ::::: : :::::::::::::::::: - :::::::::::::::::::::::::::::::::::::::::::::: : ::::::::::::::::::-:::1~---------Deductions allocated and apportioned at shareholder level
~ ~~est~ .. :::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: : :::::::::::::::::::::::::::~-1--------Dedudions allocated and apportioned at corporate level to foreign source income
k :;:~:::·::::: :: :::::::::::::::::::::: : : : :::::: : :::::::::: ::::::: : : : : :: : :::::::::: :: :: ::: :: ::: :::::: : ::::::: :1~---------0ther information ·
Total foreign taxes paid or aocrued ... ...... ..•......• . . .............. .... ..••.........••...• . .. . . . ........ . ........ . . ·11--------n Reduction in taxes available for credit ... . ............... ..... .. . ... . . . . . ............ . .... .... .. ... .. . .... .. . .... . .. . .
Other foreign tax information
o Foreign trading gross receipts ...... • ......•...... • ... . .. • .... •. .. ... . . .. ... •.............. .. . . ..... . ........ . .. . . . .. ·1--------P Extraterritorial income exdusion .......... . .. .. .... ....... .. ....... .. ...................... .. ................... . ... "1--------q Other foreign transactions .. . ................ . ........... .. .
15 Alternative minimum tax (AMT) items I
16
a Post-1986 depreciation adjustment • ... - ·- L·• • ;,
Ordinary income .. ................. ......... .......... Rental
b h:ljusted gain or loss
c Depletion other than oil and gas ..... ... ..... ... ..... . ........... ... ....................... .. ........................ 't---- - ----Ordinary income · · · · · · · · · · · · · · · · · · · · · · .. · · · · · · · • · • · · · ·Rental I
d Oil, gas, or geothermal properties - gross in<:OrT)e .............................. . ..................................... I-· --------
e Oil, gas, or geothermal properties - deductions ......................................... . ........................... .
f Other IWfT ttems: Pre-1987 depredation aqustment included in fine 15f
Ordinary income ....................... .. ............. Rental
Other- type ........ Amount
Items affecting shareholder basis ' . ~ t.! r .•
a Tax-exempt interest income ........ . ... . .. .. ................... ..... .. .. .... . . . ... . .. . .. ........ ............... . .. ·r------- -b other tax-exempt income ................ . .. .. .. . ............. .... .................. . . .. . ... ........................ 't------- -c Nondeductible expenses ........................................ .. ..................... .... ................. . ...... 't----=--="'"><'=--d Distributions ............. .. ........ . ............................. . ....................... . .......................... 1--__ 3....:,_5_10_0_. -e Repayment of loans from shareholders ........... . ................................................................. .
17 a Investment income ..... .......... ·,· ....... " 1---------l k Dispositlons of property with section b Investment expenses • .. •.•••... .... .• .. .. . . 't--------1
c Qualified rehabilitation expenses, other than
rental real estate ............................ 't--------1
d Basis of energy property .. .... ............... ·1---------; e Recapture of low-income housing credit,
section 42(jX5) applies ............ . ....... ·1--------1 f Recapture of low-income housing
credit - other .... ..... .. . ................. '1------- -1 g Recapture of investment credit
h Recapture of odler credits
Look-back interest - completed
. .. . ........ '1-'--------l
long-term contracts . . ..................... "1--------1 Look-back interest - income forecast
method ......... ... . .. . . .................. .
179 deductions . . .. .. . ... . ... . .. .... . . . 1------- -Recapture of section 179 deduction . .. .. ·r------- -
m Section 453(1X3) information •..... .... ... ·1--- - --- -
n Section 453A(c) information ............. ·r-- ------o Section 1260(b) information ...... ....... ·1------- -P Interest allocable to production
expenditures . . ........................ .. 1--------q CCF nonqualified withdrawal ............ ·r--------r lnfonnation needed to figure
depletion- oil and gas ...... .......... "t-- ------s Amortization of reforestation cost ........ . t Section 108(i) information .. .... ...... . .. .
u Other Information ...................... ..
1-------------1-----------
S 2011 CCH Sman Firm Ser.lioH. All rV!ts rese<W<I. US1120K3
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• • • • • • • •
us 1120S End of Year Trial Balance 2011
Name : OFF BEAT PRODUCTIONS INC EIN: 16-1546143
ASSETS I !LIABILITIES and EQUITY Cash ..................... I !Accounts payable . .. ... .. I --- -----Receivables ..... .... .. . .. I !Mortgages, loans, etc. I less bad debts ....... . .. ( ) payable less than 1 yr . I -------Inventories .......... .. .. I !Other current liability.
u.s. govt obligations .... 1 !Loans from stockholders. Tax-exempt securities .... 1 !Mortgages , loans, etc Other current assets .... . I I payable more than 1 yr . Loans to stockholder s . ... I !Other liabilities . . . ... . Mortgage/real estate loanl I Other investments . ....... I I Capital stock . . . . . ..... . Depreciable assets ....... I IAddl paid-in capital .. . . less accum depreciation. ( )Retained earnings ..... . .
Depletable assets ........ I I Distributions from less accum depletion .... ( ) K-1s. ... .. 5 ,4 50 .
Land ... . . . . .. . ... .. .... . . 1------------IAdj to shrhldrs equity .. Intangible assets .... . . .. I ILess cost of treasury less accum amortization. ( ) stock .. .... .. ........ .. ( -------Other assets ... .. .... . ... I !Total liabilities and I
Total assets . ............ I I stockholders' equity ... ! -------INCOME I !EXPENSE
I !Cost of goods Merchant card/3rd party . . 1 ____ ~=--' Purchases ..... .. .... . .. ! ________ _ Other gross receipts . .... I 12, 987 . I Cost of labor ......... . less returns and I I Other costs ........... . allowances .............. ( )
I !Accounting ... ..... . .... . Rental income 1 !Advertising ............ . Gross rent from real 1 !Amortization per books . . estate activities ....... I !Answering service .. .. .. .
I !Auto and truck expense .. Expenses ... .. .. ... ... . .. ( ) Bad debts .............. .
I !Ban k charges ........... . I !Charitable contributions
Gross rent from other I !Commissions .. . ......... . rental activities ..... ' . . I I Computer expense . . .... . . Expenses ................ ( ) Deli very and freight ... .
I !Depletion per books ... . . I !Depreciation per books ..
Farm I !Dues and subscriptions .. Gross ................... 1 I Employee benefits . . .... . Expenses .......... ...... ( )Entertainment/promotion.
I I Gifts .. . . .. . . ........ . . . I I Insurance ............... I
100.
190 . 125.
Gains or losses from I !Interest (business) ... . . ,---------asset sales . .. .. .... . . .. I I Interest (investment) ... I ----------
1 !Janitorial .. . . . ......... 1 I !Laundry and cleaning . . . . , - -------
State tax refund ......... I !Legal a~d professional . . I -------1 !Licenses and permits .... ! --------1 !Meals to be reduced ..... I _________ _
Other income ...... . ...... I I Miscellaneous ........... I _ __ _
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• • • • • • • • Name: OFF BEAT PRODUCTIONS INC EIN : 16-1546143
INCOME I I EXPENSE I I I Nondeductibl e ~xpense ... I - ------1 !Office expense .......... 1 _ _ _____ _ I !Outside services . ... . .. . ! _ ______ _
Interest I !Parking fees and tolls .. I ----- ---Taxable ............. . . . . I ____________ IPension/profit sharing .. 1
Portion of above amountl !Portfolio deductions .. . . ~-----------from US government I !Postage .. .. . . ...... . .. . . I 145. obligations.. I !Printing . .. .. . ... . .. . .. . I _ _____ __ _
Tax-exempt .... ... . ... ... I I Rent paid .. . .. .......... I Portion of above amount! !Repairs and maintenance.~---------to be added to statel !Salaries and wages I income. . . . . . . I I Other ...... . ...... . . . . . I
1 I Officers .... .. ..... . . .. I ----------1 I Sales expense . . .. . .. .. . . I
------------ - -------Dividend income . . . . . . .... I ISecurity .... . . .. . . .. . ... J _______ _
I !Supplies . .... . ... ... . .. . ! _ ________ __ 1 !Taxes not listed below . . 1 - -------Royalty income ........ . .. ! 1 Federal tax paid ....... l _____ ==_ I State income tax paid .. ! 25 . I Telephone . ... . . .. . ..... .
Other portfolio income I Temporary help ..... . . .. . or loss . ............ . ... I Tools . . ... ........ . . . . . .
I Trade show expense . . ... . I Training and seminars .. .
Other nontaxable income . . I Travel . .. . . .. ..... .. . .. . I Uniforms ............... .
Total income . .. . . ... .. ... I 12,987 . I
Total expense ...... . . . .. . 0 6 , 761 . I
Utilities ... .. ......... . CONTRACT LABOR SHOW FEE MEDIA VIDEO
)PHOTO I COPIES
5,025 . 30.
104. 524. 100 . 393 .
Profit or loss . .. . . .... .. I · 6 , 226. I ________________________ ------------1 _________________________ ------------1 _______________________ -----------1 ________________________ ----------
1 ________________________ -----------
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• • • • • • • • Form1120S(2012) OE'F BEAT PRODUCTIONS INC 16-1546143 Page3
l:f'ilmr.mr:J~~ Shareholders' Pro Rata Share Items Total amount
1 Ordinary business income (loss) (page 1,1ine 21) ... ... . ..... . ...... . ...... . ............... . ........ ·1-..:.1_-1--___ ___:3::..!...., .:.6.:.5.:.0...:-_
2 Net rental real estate income (loss) (attach Form 8825) . . . ......... ..... ...................•. ....... ·1-..:2:...._-1----------
3 a Other gross rental income (loss) ........................... .. . ....... -1~3...;.a_l-l--------l b Expenses from other rental activities (attach statement) .... .. ... ..... IL..:.3~b_L__I _______ -l
c Other net rental income (loss). Subtract line 3b from line 3a ................... .. .................... ·l-=.:3c=----!---------
~j_ 4 tnt~ income
0 .... .................. ........... . .... .. . ... .. .... ........ ...... -- ·--- ·-- · · · - -· - · ·- · · ·1-5a....:4_-1---------
_ 5 Dividends: a rdinary dividends ................................ . .......... . .................... . ·1-::::...-+--------
~ b Qualified dividends . ........ .. •....... . .............. IL..:.s-"b_L-I--------1
8 6 Royalties ...... . ........... .... . ............ ..... . .. . ........... . .............. . . . ..... .... .... . ... .. 1--"6-4---------
.5 7 Net short-tenn capital gain (loss) (attach Schedule D (Form 11208)) ............ . .... . .. .. .. .. ... .. .. ·1-...;.7_1--------
8 a Net long-tenn capital gain (loss) (attach ScheduleD (Fonn 11208)) .. 1 •....•
1
. ... ................ . .... -~83;.=....+--------
b Collectibles (28%) gain (loss) ....... . .......... . ..................... ji--=8=-b+---------l c Unrecaptured section 1250 gain (attach statement) ......... ......... IL...:8=.c...JI _______ ---J
9 Net section 1231 gain (loss) (attach Form 4797) .................................... . ................ ·1-.:.9--11--------10 0ther income (loss) (see instructions) ..... ... .. Type ~ 10
Section 179 deduction (attach Form 4562) .. ............. • . • ...................... . ................. 1-1..:...1=--1--------
....................... ....... ... .... . .......................... ............ t---=1-=2a=--+------b Investment interest expense ................. •.... ... ....... . ... . ..................... . . ..... .. .... ·r-:-1==2b=--+---------
!0 11 12a Charitable contributions
8 c Section 59(e)(2) expenditures (1) Type~ (2) Amount~ l-1.::2:.:c~(2::!.)+--------d Other deductions (see instructions) ............ Type ~ 12d
"t:l
~
13a Low-income housing aedit (section 42(j)(5)) . . . . . . . . . . . . . . . . . . . . . . . . ............ ... ...... .. .. . .... .. . t---=1-=3a=-r--------
b Low-income housing aedit (other) ... ......... ...... . .. . ...... ... ....... ..... .. ... ............... .. . t---=1-=3b=--r--------
c Quafified rehabilitation expenditures (rental real estate) (attach Fonn 3468) . .. . .. .. . . .... .. ... . ....... l-1:.:3c-=--j---------d Other rental real estate credits (see instructions) Type ~ 13d
e Other rental aedits (see instructions) ......... . Type ~ r-1:.:3e~-l---------f Alcohol and cellulosic biofuet fuels aedit (attach Form 6478) . . ................................. . .. .... l-1.::3...;.f-l---------
g Other credits (see instructions) ................ Type ~ 13g
14a Name of country oi U.S. possession~--------------------b Gross income from all sources ............. ....... .... .. ....... ...... .. ..... ..... .......... ....... .. t---:1:...:4=-b-+--------
c Gross income sourced at shareholder level . .... ...... . .. ................................. .... .. .. . . ·~--,:;1:.,:4c=--+---------Foreign gross income sourced at corporate level 1 .:fF·- ( .,.
d Passive category . ... .. .................................. . .............. . ... ........ .. . ........ ...... }---=1..:.4d~l--------
e General category .......................... . .................................. .. .................... ·r--:1:....:4e=---!---------
f Other (attach statetnent) .............................. . .. . ............. . ............................ f-;;:;;i10,:4f~--------Deductions allocated and apportioned at shareholder level ~"i:.;:"';;
g Interest expense .. . ................... ... ......... . ..... ... . .. ... .... ... .. ......... ................. r1...:.4g!!._l--------
h Other ..................................................................................... . .. . . -... . h1,.;;4h7::-;I--------Deductions allocated and apportioned at corporate level to foreign souroe income ·(;.}:~
i Passive category ................ ............................................ ........................ l-1:.;4i:.;_-l---------j General category .................. ....................... .. ... ... ..... ....... .................. .. .. . t---=1:...;,4Jy ______ ___:__ k Othef(attachstatement) ..................... ...... .... . ......... . ................................. . t---=1..:.4:.:-k+-------
Other information ·~ ~.~:
I Total foreign taxes (check one):'~ 0 Paid 0 Accrued .... . .. ... .. ... ......................... l-1:...:4i:.:...._l--------
m Reduction in taxes available for credit (attach statement) .................... ..... ................... ·~-::::1;,;4;.:.m;.,J-,::-:-:-=-'"-:::-"''""""-=------=-..,..,..... . n Other foreign tax infonnatioo (attach statement) .~;r;:·:.~ r:. :·: :-.~~ }_:.:_,::.;:: :: }', '.~-;
e 15a Post-1986 depreciation acijustment ..... ................ . ... ........... . ....... ............ .. ....... l-1;.;;5a..::;_t--------
~ ~ b Adjusted gain or loss ....... .. .. . ........ . . • ....... ... .. ... ... .. ...... . .. ... .... .. .. .... ... ......... !---=1-=-5b=--l--------
~ ~ c Depletion (other than oil and gas} . ...... ...... . . .. . . .. .... ......... . .. . .. .. . ... ..... . .. ... . . . ... ... . t----=1-=Sc=--t----------
l ~ d Oil, gas, and geothermal properties- gross income ...... . ........ .. . . . . .. .... ....... . . , ... . ... . .... ·r--:1-=Sd=---1----- -----
~ !" e Oil, gas, and geothermal properties- deductions .. . ... . ..... . ........ .. . ... ..... ........ . . ........ . ·r--:1:..:5e=---!---------~ f Other AMT items (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15f
16a Tax-exempt interest income .............. .... ...... . . ........... .. ... .. ........ ... ....... .. ... . ..... ·r--:1:..:6:..:a-+--------
b Other tax-exempt income .......... . .......................................... . ..................... -~1:..:6=-b-+--------
c Nondeductible expenses .. . .............. .. .................. . .............. . ....................... l-1:....:6c-=--!---------
d Distributions (attach statement if required} (see instructions) ..... . .............. ... ................... r--:1-=6d=--+-----4~,c..:3:..1:..7:....:... _ e Repayment of loans from shareholders . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . .. . .. . . . . . . . . . . . . . . . 16e
BCA US1120S3 Form1120S(2012)
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