Académique Documents
Professionnel Documents
Culture Documents
1040
(99)
2014
For the year Jan. 1-Dec. 31, 2014, or other tax year beginning
MARK B.
, 2014, ending
, 20
Last name
DAYTON
***-**-****
Home address (number and street). If you have a P.O. box, see instructions.
Apt. no.
MINNEAPOLIS, MN
Foreign country name
Filing Status
Check only
one box.
Exemptions
55402-4523
Foreign province/state/county
Last name
security number
you
p
m
o
Adjusted
Gross
Income
410001
12-31-14
BB
Attach Form(s)
W-2 here. Also
attach Forms
W-2G and
1099-R if tax
was withheld.
You
Spouse
Single
4
Head of household (with qualifying person). If the qualifying
Married filing jointly (even if only one had income)
person is a child but not your dependent, enter this child's
Married filing separately. Enter spouse's SSN above
name here.
and full name here. |
5
Qualifying widow(er) with dependent child
Boxes checked
1
6a X Yourself. If someone can claim you as a dependent, do not check box 6a ~~~~~~~~~~~~~~~~
on 6a and 6b
No. of children
b
Spouse
on 6c who:
(4) uif child
(3) Dependent's
(2) Dependent's social
c Dependents:
lived with you
under age 17
relationship to
1
2
3
Income
" "
" "
Last name
Dependents on 6c
not entered above
9a
10
11
12
13
14
15b
16b
17
18
19
20b
21
22
Add numbers
on lines
above
1
115,809.
219.
65,318.
198,684.
0.
380,030.
! !
LHA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.
36
37
380,030.
Form
1040 (2014)
Tax and
Credits
Standard
Deduction for -
People who
MARK B. DAYTON
r
q
s
***-**-****
p
m
o
Page
9
9
380,030.
38
29,724.
40 Itemized deductions (from Schedule A) or your standard deduction (see left margin) ~~~~~~~~~~~
40
350,306.
41 Subtract line 40 from line 38 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
41
0.
42 Exemptions. If line 38 is $152,525 or less, multiply $3,950 by the number on line 6d. Otherwise, see inst. ~~
42
350,306.
43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0- ~~~~~~~~~~~
43
57,038.
44 Tax. Check if any from:
a
Form(s) 8814 b
Form 4972 c
~~~~~
44
12,729.
45 Alternative minimum tax. Attach Form 6251 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
45
All others:
46
Excess
advance
premium
tax
credit
repayment.
Attach
Form
8962
~~~~~~~~~~~~~~~~~~~~
46
Single or
69,767.
Married filing
47 Add lines 44, 45, and 46 |
47
separately,
3,279.
48 Foreign tax credit. Attach Form 1116 if required ~~~~~~~~~~~~~
48
$6,200
Married filing
49 Credit for child and dependent care expenses. Attach Form 2441 ~~~~~~
49
jointly or
Qualifying
50 Education credits from Form 8863, line 19 ~~~~~~~~~~~~~~~
50
widow(er),
51
Retirement
savings
contributions
credit.
Attach
Form
8880
~~~~~~~~
51
$12,400
Head of
52 Child tax credit. Attach Schedule 8812, if required ~~~~~~~~~~~~
52
household,
$9,100
53 Residential energy credits. Attach Form 5695 ~~~~~~~~~~~~~~
53
3800 b
8801 c
54 Other credits from Form: a
54
3,279.
55 Add lines 48 through 54. These are your total credits ~~~~~~~~~~~~~~~~~~~~~~~~~~
55
66,488.
56 Subtract line 55 from line 47. If line 55 is more than line 47, enter -0- |
56
57 Self-employment tax. Attach Schedule SE ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
57
a
4137
b
8919
~~~~~~~~~~~
58
Unreported
social
security
and
Medicare
tax
from
Form:
58
Other
59 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required ~~~~~~~~~~
59
Taxes
14,791.
60a Household employment taxes from Schedule H ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
60a
b First-time homebuyer credit repayment. Attach Form 5405 if required ~~~~~~~~~~~~~~~~~~~
60b
61 Health care: Individual responsibility (see instructions)
Full-year coverage X ~~~~~~~~~~~
61
5,523.
Form 8959 b X Form 8960 c
62 Taxes from: a
Inst.; enter code(s)
62
86,802.
63 Add lines 56 through 62. This is your total tax |
63
23,866.
Payments 64 Federal income tax withheld from Forms W-2 and 1099 ~~~~~~~~~~ 64
49,300.
65 2014 estimated tax payments and amount applied from 2013 return ~~~~
65
If you have a
66
a
Earned
income
credit
(EIC)
66a
qualifying
child, attach
b Nontaxable combat pay election ~~~~~
66b
Schedule EIC.
67 Additional child tax credit. Attach Schedule 8812 ~~~~~~~~~~~~
67
68 American opportunity credit from Form 8863, line 8 ~~~~~~~~~~~
68
69 Net premium tax credit. Attach Form 8962 ~~~~~~~~~~~~~~~
69
70 Amount paid with request for extension to file ~~~~~~~~~~~~~~
70
71 Excess social security and tier 1 RRTA tax withheld ~~~~~~~~~~~
71
72 Credit for federal tax on fuels. Attach Form 4136 ~~~~~~~~~~~~~
72
2439 b
c
d
73 Credits from Form: a
73
Reserved
Reserved
73,166.
74 Add lines 64, 65, 66a, and 67 through 73. These are your total payments
|
74
75
If
line
74
is
more
than
line
63,
subtract
line
63
from
line
74.
This
is
the
amount
you
overpaid
~~~~~~~~~
75
Refund
76 a Amount of line 75 you want refunded to you. If Form 8888 is attached, check here |
76a
Direct deposit?
Routing
Account
| b number
| c Type:
|
d
See
Checking
Savings
number
instructions.
77 Amount of line 75 you want applied to your 2015 estimated tax
77
13,673.
78
Amount
you
owe.
Subtract
line
74
from
line
63.
For
details
on
how
to
pay,
see
instructions
~~~~~~~ |
78
Amount
37.
You Owe 79 Estimated tax penalty (see instructions) 79
Third Party Do you want to allow another person to discuss this return with the IRS (see instructions)? X Yes. Complete below.
No
Personal identification
Phone
******
| ******
|
| *****
Designee Designee's
number
(PIN)
name
no.
Sign
Here
Joint return?
See instructions.
Keep a copy
for your
records.
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true,
correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Daytime phone number
Your signature
Date
Your occupation
6123397151
Date
Preparer's signature
Paid
LORI HUME
Preparer LORI HUME
Use Only Firm's name WIPFLI, LLP
7601 FRANCE AVE S. #400
410002
MINNEAPOLIS, MN 55435
Firm's address
12-31-14
9
9
Spouse's occupation
Date
if
self-employed
Firm's EIN
Phone no.
PTIN
9 "
P01263847
**-*******
952-548-3400
Form
2210
OMB No.1545-0074
2014
Attachment
Sequence No.
06
Identifying number
MARK B. DAYTON
***-**-****
Yes
Yes
No
Yes
No
You may owe a penalty. Does any box in Part II below apply?
No
No
1
2
3
4
5
6
7
8
9
Do not file Form 2210. You are not required to figure your
penalty because the IRS will figure it and send you a bill for any
unpaid amount. If you want to figure it, you may use Part III or
Part IV as a worksheet and enter your penalty amount on your tax
return, but do not file Form 2210.
Part I
Yes
You are not required to figure your penalty because the IRS will
figure it and send you a bill for any unpaid amount. If you want to
figure it, you may use Part III or Part IV as a worksheet and enter
your penalty amount on your tax return, but file only page 1 of
Form 2210.
Enter your 2014 tax after credits from Form 1040, line 56 (see instructions if not filing Form 1040) ~~~~~~~~~~~
Other taxes, including self-employment tax and, if applicable, Additional Medicare Tax and/or Net Investment
Income Tax (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Refundable credits, including the premium tax credit (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~
Current year tax. Combine lines 1, 2, and 3. If less than $1,000, stop; you do not owe a penalty. Do not file Form 2210
78,122.
Multiply line 4 by 90% (.90) ~~~~~~~~~~~~~~~~~~~~~~~~~
5
Withholding taxes. Do not include estimated tax payments (see instructions) ~~~~~~~~~~~~~~~~~~~~~
Subtract line 6 from line 4. If less than $1,000, stop; you do not owe a penalty. Do not file Form 2210 ~~~~~~~~~~
Maximum required annual payment based on prior year's tax (see instructions) ~~~~~~~~~~~~~~~~~~~~
Required annual payment. Enter the smaller of line 5 or line 8 ~~~~~~~~~~~~~~~~~~~~~~~~~~~
Next: Is line 9 more than line 6?
No. You do not owe a penalty. Do not file Form 2210 unless box E below applies.
X Yes. You may owe a penalty, but do not file Form 2210 unless one or more boxes in Part II below applies.
If box B, C, or D applies, you must figure your penalty and file Form 2210.
66,488.
1
2
3
4
6
7
8
9
20,314.
(
86,802.
23,866.
62,936.
83,609.
78,122.
If box A or E applies (but not B, C, or D) file only page 1 of Form 2210. You are not required to figure your penalty; the IRS will figure it and send you
a bill for any unpaid amount. If you want to figure your penalty, you may use Part III or IV as a worksheet and enter your penalty on your tax return, but file
only page 1 of Form 2210.
Part II
A
B
C
D
E
Reasons for Filing. Check applicable boxes. If none apply, do not file Form 2210.
You request a waiver (see instructions) of your entire penalty. You must check this box and file page 1 of Form 2210, but you are not required
to figure your penalty.
You request a waiver (see instructions) of part of your penalty. You must figure your penalty and waiver amount and file Form 2210.
Your income varied during the year and your penalty is reduced or eliminated when figured using the annualized income installment method. You must
figure the penalty using Schedule AI and file Form 2210.
Your penalty is lower when figured by treating the federal income tax withheld from your income as paid on the dates it was actually withheld, instead of in
equal amounts on the payment due dates. You must figure your penalty and file Form 2210.
You filed or are filing a joint return for either 2013 or 2014, but not for both years, and line 8 above is smaller than line 5 above. You must file page 1 of
Form 2210, but you are not required to figure your penalty (unless box B, C, or D applies).
412501
12-23-14
8
2014.06010 DAYTON, MARK
2100A__1
MARK B. DAYTON
***-**-****
Part IV Regular Method (See the instructions if you are filing Form 1040NR or 1040NR-EZ.)
Payment Due Dates
Section A - Figure Your Underpayment
(a)
(b)
(c)
(d)
Form 2210 (2014)
4/15/14
the amount from line 19 on line 23. If line 19 is equal to or more than
line 18 for all payment periods, stop here; you do not owe a penalty.
6/15/14
9/15/14
1/15/15
Page 3
18
17,094.
17,110.
17,101.
26,817.
19
26,967.
10,967.
18,967.
16,265.
27 Penalty. Enter the total penalty from line 14 of the Worksheet for Form 2210, Part IV, Section B - Figure the Penalty. Also include
this amount on Form 1040, line 79; Form 1040A, line 51; Form 1040NR, line 76; Form 1040NR-EZ, line 26; or Form 1041, line
26. Do not file Form 2210 unless you checked a box in Part II
27
5,596.
21,861.
21,861.
4,956.
37.
Form 2210 (2014)
412491
12-23-14
9
2014.06010 DAYTON, MARK
2100A__1
MARK B. DAYTON
Schedule AI - Annualized Income Installment Method
***-**-****
Estates and trusts, do not use the period ending dates shown to the
right. Instead, use the following: 2/28/14, 4/30/14, 7/31/14, and
11/30/14.
Part I
(b)
1/1/14 - 5/31/14
(c)
1/1/14 - 8/31/14
Page 4
(d)
1/1/14 - 12/31/14
1 Enter your adjusted gross income for each period (see instructions).
(Estates and trusts, enter your taxable income without your
exemption for each period) ~~~~~~~~~~~~~~~~~~
2 Annualization amounts. (Estates and trusts, see instructions) ~~~
3 Annualized income. Multiply line 1 by line 2 ~~~~~~~~~~
4 If you itemize, enter itemized deductions for the period shown in
each column. All others enter -0-, and skip to line 7. Exception:
Estates and trusts, skip to line 9 and enter amount from line 3 ~~
5 Annualization amounts ~~~~~~~~~~~~~~~~~~~
6 Multiply line 4 by line 5 (See instr. if line 3 is more than $152,525)~
7 In each column, enter the full amount of your standard deduction
from Form 1040, line 40, or Form 1040A, line 24. (Form 1040NR
or 1040NR-EZ filers, enter -0-. Exception: Indian students and
business apprentices, see instructions) ~~~~~~~~~~~~
8 Enter the larger of line 6 or line 7 ~~~~~~~~~~~~~~~
9 Subtract line 8 from line 3 ~~~~~~~~~~~~~~~~~~
10 In each column, multiply $3,950 by the total number of exemptions
claimed (see instructions if line 3 is more than $152,525). (Estates,
trusts, and Form 1040NR or 1040NR-EZ filers, see instructions) ~
11 Subtract line 10 from line 9. If zero or less, enter -0- ~~~~~~~
12 Figure your tax on the amount on line 11 (see instructions) ~~~~
13 Self-employment tax from line 34
(complete Part II below) ~~~~~~~~~~~~~~~~~~~
14 Enter other taxes for each payment period including, if applicable,
Additional Medicare Tax and/or Net Investment Income Tax ~~~
15 Total tax. Add lines 12, 13, and 14 ~~~~~~~~~~~~~~
16 For each period, enter the same type of credits as allowed on Form
2210, Part I, lines 1 and 3 (see instructions) ~~~~~~~~~~
17 Subtract line 16 from line 15. If zero or less, enter -0- ~~~~~~
18 Applicable percentage ~~~~~~~~~~~~~~~~~~~
19 Multiply line 17 by line 18 ~~~~~~~~~~~~~~~~~~
1
2
3
4
5
6
88,150.
4
146,917.
2.4
1.5
412551 12-23-14
380,030.
1
352,600.
352,601.
352,601.
380,030.
9,158.
13,795.
24,005.
29,724.
2.4
1.5
36,632.
33,108.
36,008.
29,724.
8
9
7,750.
36,632.
315,968.
7,750.
33,108.
319,493.
7,750.
36,008.
316,593.
7,750.
29,724.
350,306.
10
11
12
790.
315,178.
63,174.
790.
318,703.
63,174.
790.
315,803.
63,174.
0.
350,306.
57,038.
13
0.
0.
0.
0.
14
15
12,801.
75,975.
12,834.
76,008.
12,834.
76,008.
33,043.
90,081.
16
17
18
19
0.
75,975.
0.
76,008.
0.
76,008.
3,279.
86,802.
22.5%
17,094.
45%
34,204.
235,067.
26
27
28
29
30
31
32
33
34
67.5%
90%
51,305.
78,122.
34,204.
17,101.
19,531.
51,305.
26,817.
19,531.
4,856.
24,387.
7,286.
26,817.
17,101.
26,817.
$29,250
$48,750
$78,000
$117,000
0.496
0.2976
0.186
0.124
0.116
0.0696
0.0435
0.029
10
2014.06010 DAYTON, MARK
2100A__1
Name(s)
Identifying Number
MARK B. DAYTON
***-**-****
(A)
(B)
*Date
Amount
(C)
Adjusted
Balance Due
(D)
Number Days
Balance Due
(E)
Daily
Penalty Rate
(F)
Penalty
-0-
04/15/14
17,094.
17,094.
04/15/14
-5,967.
11,127.
04/15/14
-21,000.
-9,873.
06/15/14
17,110.
7,237.
06/15/14
-5,967.
1,270.
06/15/14
-5,000.
-3,730.
09/15/14
17,101.
13,371.
09/15/14
-5,967.
7,404.
09/15/14
-13,000.
-5,596.
01/15/15
26,817.
21,221.
01/15/15
-5,965.
15,256.
01/15/15
-10,300.
4,956.
90
.000082192
37.
37.
11
2014.06010 DAYTON, MARK
2100A__1
SCHEDULE A
(Form 1040)
Itemized Deductions
MARK B. DAYTON
Medical
and
Dental
Expenses
Taxes You
Paid
1
2
3
4
5
6
7
8
Interest
You Paid
9
10
11
Note.
Your mortgage
12
interest
deduction may 13
be limited (see 14
instructions).
15
16
Gifts to
Charity
17
If you made a
gift and got a
18
benefit for it,
see instructions. 19
Casualty and
Theft Losses
20
Job Expenses 21
and Certain
Miscellaneous
Deductions
22
23
24
25
26
27
Other
28
Miscellaneous
Deductions
29
Total
Itemized
Deductions
30
LHA
419501 01-20-15
2014
Attachment
Sequence No.
Your social security number
07
" "
***-**-****
p
m
o
31,641.
1111111111111111111111111111111111111
1111111111111111111111111111111111111
11
Points not reported to you on Form 1098. See instructions for special rules ~~~ 12
Mortgage insurance premiums (see instructions) ~~~~~~~~~~~~~~~~ 13
Investment interest. Attach Form 4952 if required. (See instructions.) ~~~~~~ 14
Add lines 10 through 14
Gifts by cash or check. If you made any gift of $250 or more, see instructions ~~ 16
Other than by cash or check. If any gift of $250 or more, see instructions.
You must attach Form 8283 if over $500 ~~~~~~~~~~~~~~~~~~~~ 17
Carryover from prior year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 18
Add lines 16 through 18
Casualty or theft loss(es). Attach Form 4684. (See instructions.)
Unreimbursed employee expenses - job travel, union dues, job education, etc.
Attach Form 2106 or 2106-EZ if required. (See instructions.) |
1111111111111111111111111111111111111
1111111111111111111111111111111111111
15
19
20
21
22
23
24
9,459.
9,459.
1,858.
111111111111111111111
11111111111111111111111111111111111111111111111
28
Is Form 1040, line 38, over $152,525?
No. Your deduction is not limited. Add the amounts in the far right column
29,724.
for lines 4 through 28. Also, enter this amount on Form 1040, line 40.
~~~~~~~~ 29
X Yes. Your deduction may be limited. See the Itemized Deductions
Worksheet in the instructions to figure the amount to enter.
If you elect to itemize deductions even though they are less than your standard deduction,
check here |
For Paperwork Reduction Act Notice, see Form 1040 instructions.
Schedule A (Form 1040) 2014
p
n
m
n
o
12
2014.06010 DAYTON, MARK
2100A__1
SCHEDULE B
MARK B. DAYTON
Part I
1 List name of payer. If any interest is from a seller-financed mortgage and the buyer used the
Interest
property as a personal residence, see instructions and list this interest first. Also, show that
2014
Attachment
Sequence No.
Your social security number
08
" "
***-**-****
Amount
219.
1
Note. If you
received a Form
1099-INT,
Form 1099-OID,
or substitute
statement from
a brokerage firm,
list the firm's
name as the
payer and enter
the total interest
shown on that
form.
Part II
Ordinary
Dividends
219.
3
4
219.
Amount
65,318.
Note. If you
received a Form
1099-DIV or
substitute
statement from
a brokerage firm,
list the firm's
name as the
payer and enter
the ordinary
dividends shown
on that form.
6 Add the amounts on line 5. Enter the total here and on Form 1040A, or Form 1040, line 9a |
Note. If line 6 is over $1,500, you must complete Part III.
Part III
Foreign
Accounts
and
Trusts
65,318.
You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign
account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust.
7a At any time during 2014, did you have a financial interest in or signature authority over a financial account (such
as a bank account, securities account, or brokerage account) located in a foreign country? See instructions~~~
If "Yes," are you required to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR),
to report that financial interest or signature authority? See FinCEN Form 114 and its instructions for filing
requirements and exceptions to those requirements ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Yes
No
b If you are required to file FinCen Form 114, enter the name of the foreign country where the financial account
is located ~~~~~~~~~~~~~~ |
8 During 2014, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust?
427501
X
11-07-14
If "Yes," you may have to file Form 3520. See instructions
LHA For Paperwork Reduction Act Notice, see your tax return instructions.
Schedule B (Form 1040A or 1040) 2014
13
2014.06010 DAYTON, MARK
2100A__1
SCHEDULE D
(Form 1040)
Department of the Treasury
Internal Revenue Service (99)
2014
Attachment
Sequence No.
" "
MARK B. DAYTON
Part I
***-**-****
Short-Term Capital Gains and Losses - Assets Held One Year or Less
12
(d)
Proceeds
(sales price)
(e)
Cost
(or other basis)
(g)
Adjustments
to gain or loss from
Form(s) 8949, Part I,
line 2, column (g)
1b
2
3
4
5
6
7
4
5
6
Part II Long-Term Capital Gains and Losses - Assets Held More Than One Year
See instructions for how to figure the amounts to
enter on the lines below.
This form may be easier to complete if you round off
cents to whole dollars.
8a
(d)
Proceeds
(sales price)
(e)
Cost
(or other basis)
(g)
Adjustments
to gain or loss from
Form(s) 8949, Part II,
line 2, column (g)
8b
9
10
11
11
Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1~~~~~
12
SEE STATEMENT 2
12
198,684.
420511
11-24-14
14
2014.06010 DAYTON, MARK
2100A__1
Part III
16
MARK B. DAYTON
Summary
***-**-**** Page 2
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If line 16 is a gain, enter the amount from line 16 on Form 1040, line 13, or Form 1040NR, line 14.
Then go to line 17 below.
If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete
line 22.
If line 16 is zero, skip lines 17 through 21 below and enter -0- on Form 1040, line 13, or Form
1040NR, line 14. Then go to line 22.
17
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
198,684.
16
18
19
~~~~~~~~~~~~~~~~~~~~~~~~
21
21
If line 16 is a loss, enter here and on Form 1040, line 13, or Form 1040NR, line 14, the smaller of:
p
m
o
Note. When figuring which amount is smaller, treat both amounts as positive numbers.
22
Do you have qualified dividends on Form 1040, line 9b, or Form 1040NR, line 10b?
Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42).
No. Complete the rest of Form 1040 or Form 1040NR.
Schedule D (Form 1040) 2014
420512
11-24-14
15
2014.06010 DAYTON, MARK
2100A__1
Your SSN
MARK B. DAYTON
Before you begin: u
u
u
***-**-****
See the instructions for line 44 to see if you can use this worksheet to figure your tax.
Before completing this worksheet, complete Form 1040 through line 43.
If you do not have to file Schedule D and you received capital gain distributions, be sure you
checked the box on line 13 of Form 1040.
1. Enter the amount from Form 1040, line 43. However, if you are filing Form
2555 or 2555-EZ (relating to foreign earned income), enter the amount from
350,306.
line 3 of the Foreign Earned Income Tax Worksheet~~~~~~~~~~~~~ 1.
65,318.
2. Enter the amount from Form 1040, line 9b* ~~ 2.
3. Are you filing Schedule D?*
X Yes. Enter the smaller of line 15 or 16 of
Schedule D. If either line 15 or line 16 is
198,684.
~ 3.
blank or a loss, enter -0Enter
the
amount
from
Form
1040,
line
13
No.
264,002.
4. Add lines 2 and 3 ~~~~~~~~~~~~~~ 4.
5. If filing Form 4952 (used to figure investment
interest expense deduction), enter any amount
0.
from line 4g of that form. Otherwise, enter -0- ~ 5.
264,002.
6. Subtract line 5 from line 4. If zero or less, enter -0- ~~~~~~~~~~~~~ 6.
86,304.
7. Subtract line 6 from line 1. If zero or less, enter -0- ~~~~~~~~~~~~~ 7.
8. Enter:
$ 36,900 if single or married filing separately,
36,900.
$ 73,800 if married filing jointly or qualifying widow(er),
~~~~~~ 8.
$ 49,400 if head of household.
36,900.
9. Enter the smaller of line 1 or line 8 ~~~~~~~~~~~~~~~~~~~~~ 9.
36,900.
10. Enter the smaller of line 7 or line 9 ~~~~~~~~~~~~~~~~~~~~~ 10.
0.
11. Subtract line 10 from line 9. This amount is taxed at 0% ~~~~~~~~~~ 11.
264,002.
12. Enter the smaller of line 1 or line 6 ~~~~~~~~~~~~~~~~~~~~~ 12.
0.
13. Enter the amount from line 11 ~~~~~~~~~~~~~~~~~~~~~~~ 13.
264,002.
14. Subtract line 13 from line 12 ~~~~~~~~~~~~~~~~~~~~~~~~ 14.
15. Enter:
$ 406,750 if single,
406,750.
$ 228,800 if married filing separately,
~~~~~~ 15.
$ 457,600 if married filing jointly or qualifying widow(er),
$ 432,200 if head of household.
350,306.
16. Enter the smaller of line 1 or line 15 ~~~~~~~~~~~~~~~~~~~~ 16.
86,304.
17. Add lines 7 and 11 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 17.
264,002.
18. Subtract line 17 from line 16. If zero or less, enter -0- ~~~~~~~~~~~~ 18.
264,002.
19. Enter the smaller of line 14 or line 18 ~~~~~~~~~~~~~~~~~~~~ 19.
20. Multiply line 19 by 15% (.15) ~~~~~~~~~~~~~~~~~~~~~~~~
264,002.
21. Add lines 11 and 19 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 21.
0.
22. Subtract line 21 from line 12 ~~~~~~~~~~~~~~~~~~~~~~~~ 22.
23. Multiply line 22 by 20% (.20) ~~~~~~~~~~~~~~~~~~~~~~~~
24. Figure the tax on the amount on line 7. If the amount on line 7 is less than $100,000, use the Tax Table to
figure the tax. If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet ~~~~~~
25. Add lines 20, 23, and 24 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
26. Figure the tax on the amount on line 1. If the amount on line 1 is less than $100,000, use the Tax Table to
figure the tax. If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet ~~~~~~
27. Tax on all taxable income. Enter the smaller of line 25 or line 26. Also include this amount on Form
1040, line 44. If you are filing Form 2555 or 2555-EZ, do not enter this amount on Form 1040, line 44.
Instead, enter it on line 4 of the Foreign Earned Income Tax Worksheet ~~~~~~~~~~~~~~~~~~~
p
m
o
p
n
m
n
o
p
n
n
m
n
n
o
20.
39,600.
23.
0.
24.
25.
17,438.
57,038.
26.
99,459.
27.
57,038.
*If you are filing Form 2555 or 2555-EZ, see the footnote in the Foreign Earned Income Tax Worksheet before completing this line.
410451
01-07-15
15.1
2014.06010 DAYTON, MARK
2100A__1
Page
MARK B. DAYTON
***-**-****
Caution. The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K-1.
Part II
27
28
Are you reporting any loss not allowed in a prior year due to the at-risk, excess farm loss, or basis limitations, a prior year unallowed loss from a
passive activity (if that loss was not reported on Form 8582), or unreimbursed partnership expenses? ~~~~~~~~~~~~~~
Yes
If you answered "Yes," see instructions before completing this section.
(b)Enter P for (c) Check
(d) Employer
partnership; S if foreign
(a) Name
identification number
for S corporation partnership
No
(e) Check if
any amount is
not at risk
A
B
C
D
Passive Income and Loss
(f) Passive loss allowed
(attach Form 8582 if required)
A
B
C
D
29a
b
30
31
32
Totals ~~~~~
Totals ~~~~~
Add columns (g) and (j) of line 29a ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Add columns (f), (h), and (i) of line 29b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter the
result here and include in the total on line 41 below
30
31
32
**-*******
(b) Employer
identification number
(a) Name
0.
Totals ~~~~~~~~
Totals ~~~~~~~~
Add columns (d) and (f) of line 34a ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Add columns (c) and (e) of line 34b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total estate and trust income or (loss). Combine lines 35 and 36. Enter the result here and include in the total on line 41 below
35
36
37
Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs) - Residual Holder
38
39
(a) Name
43
Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below
Part V
40
41
42
(b) Employer
identification number
Summary
Net farm rental income or (loss) from Form 4835. Also, complete line 42 below ~~~~~~~~~~~~~~~~~~~~~
Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Form 1040, line 17, or Form 1040NR, line 18
Reconciliation of farming and fishing income. Enter your gross farming and fishing income
reported on Form 4835, line 7; Schedule K-1 (Form 1065), box 14, code B; Schedule K-1
(Form 1120S), box 17, code V; and Schedule K-1 (Form 1041), box 14, code F (see instructions)
42
Reconciliation for real estate professionals. If you were a real estate professional (see instructions),
39
40
41
0.
enter the net income or (loss) you reported anywhere on Form 1040 or Form 1040NR from all rental real estate
activities in which you materially participated under the passive activity loss rules
421501
10-22-14
43
Schedule E (Form 1040) 2014
16
2014.06010 DAYTON, MARK
2100A__1
Schedule E
MARK B. DAYTON
T
Schedule K-1 Line Reference: (1065/1120S/1041)
TY
S P Entity
Act.
J E No.
No.
Name
TE
Ordinary
Income
(Loss)
2/2/7
3/3/8
Passive
Activity
Loss C/O
*
AMT Passive
Activity Loss
C/O
5/4/1
Interest
6a/5a/2a
*
US Treasury
Dividends
Bond
Interest
Totals~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Component of:
Schedule K-1
Line Reference:
(1065/1120S/1041)
Entity
No.
1/1/6
2014
***-**-****
Act.
No.
10/9/*
Ordinary
Section 1231 Gain (Loss)
Gain (Loss) Form 4797
Totals ~~~
Component of: Form 4797, Form 4797,
Line 2
Line 10
11/10/*
Other
Income
Schedule E,
Page 2,
Various
13/12/*
Lines 16 & 17
8/7/3
9a/8a/4a
4/*/*
Short-Term
Net Long-
Guaranteed
Capital
Term Capital Payments
Gain (Loss) Gain (Loss) to Partner
198684.
65,318.
Schedule E,
Page 2,
Various
12/11/*
Schedule E,
Page 2,
Various
Schedule E,
Page 2,
Various
Form 8582
Line 3c
13/12/*
13/12/*
13/12/*
Deductions
Related to
Portfolio
Income (2%)
Form
Schedule B, Schedule B, Schedule B,
8582 AMT,
Line 1
Line 1
Line 5
Line 3c
*/*
20/17/14
Investment Investment
Other
Int. Expense Int. Expense Investment
Deductions (Schedule A) (Schedule E) Income
Schedule E,
Page 2,
Various
Schedule A,
Line 14
Royalties
65,318.
Charitable
Contributions Section 179
Expense
50%
Schedule A,
7/6/*
16.1
Schedule E,
Page 2,
Various
13/*/*
SE Health
Insurance
Premium
Wages for
More Than 2%
Shareholders
198684.
Line 12
Schedule E,
Page 2,
Various
17/15/12
*/*/12
*/*/12
AMT Depr
Minimum
Line 5
14/*/*
Net SE
Earnings
Adj on Post
Tax
'86 Property Adjustment
Line 19
Line 16
Exclusion
Items
2014
Form 8801
Schedule E
MARK B. DAYTON
Schedule K-1
Line Reference:
(1065/1120S/1041)
Entity
No.
Act.
No.
500
6b/5b/2b
Qualified
Dividends
11/10/*
13/*/*
65,318.
13/12/14
13/12/*
Qualified
Production
Activities
Income
Employer's
W-2 Wages
15/13/*
15/13/13
15/13/13
Undistributed Empowerment
Capital Gains
Zone Credit
Credit for
Increasing
Research
Activities
15/13/*
15/13/*
2014
***-**-****
20/17/13
*/*/*
Recapture of
Royalty/
Low-income
Housing Credit
Depletion
Expenses
65,318.
Totals ~~~
Form
1040, Form 6781, Form 2441 Form 8903, Form 8903, Form 1040, Form 8844, Form 6765, Form 8874, Form 8846, Form 8611, Schedule E,
Component of:
Line 9b
Line 1
Line 14
Line 7
Line 15
Line 70
Line 3
Line 37
Line 2
Line 5
Line 8
Page 1 or 2
Schedule K-1
Line Reference:
(1065/1120S/1041)
Entity
No.
Act.
No.
Totals ~~~
Component of:
428076 05-01-14
Schedule E
Basis
Carryover
AMT
Schedule E
Basis
Carryover
ST
Basis
Carryover
AMT
Basis
Carryover
LT
Basis
Carryover
AMT
LT Basis
Carryover
Sec. 1231
Basis
Carryover
AMT
Sec. 1231
Basis
Carryover
4797-Ord.
Basis
Carryover
AMT
4797-Ord.
Basis
Carryover
Other
Basis
Carryovers
AMT
Other
Basis
Carryovers
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
Basis
Limitation
Worksheet
16.2
1116
Form
Name
2014
MARK B. DAYTON
***-**-****
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
b
c
d
Lump-sum distributions
Part I
Taxable Income or Loss From Sources Outside the United States (for Category Checked Above)
A
Total
(Add cols. A, B, and C.)
OTHER
COUNTRIES
16,802.
1a
16,802.
6
7
1,314.
15,488.
Country
Part II
Credit is claimed
for taxes
(you must
check one)
In foreign currency
In U.S. dollars
(n) Other
foreign
taxes paid or
accrued
A
B
C
8 Add lines A through C, column (s). Enter the total here and on line 9, page 2
Dividends
3,279.
and
(p) Rents
royalties
Interest
(q)
(r) Other
foreign
taxes paid or
accrued
17
2014.06010 DAYTON, MARK
3,279.
3,279.
Form 1116 (2014)
2100A__1
MARK B. DAYTON
Figuring the Credit
***-**-****
Part III
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 ~~~~~~~~~~~~~~~~~~~~
10
11
12
13
~~~~~~~~~~~~~~~~~~~~~~~
Page 2
3,279.
3,279.
14 Combine lines 11, 12, and 13. This is the total amount of foreign taxes available for credit 14
15 Enter the amount from line 7. This is your taxable income or (loss) from sources outside the
15,488.
United States (before adjustments) for the category of income checked above Part I ~~~~~ 15
16 Adjustments to line 15 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16
17 Combine the amounts on lines 15 and 16. 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 18 through 22. However, if you are filing more than
15,488.
one Form 1116, you must complete line 20.) ~~~~~~~~~~~~~~~~~~~~~~ 17
Individuals:
Enter
the
amount
from
Form
1040,
line
41,
or
Form
1040NR,
line
39.
18
Estates and trusts: Enter your taxable income without the deduction for your
SEE STATEMENT 3
186,308.
exemption ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
18
Caution: If you figured your tax using the lower rates on qualified dividends or capital gains, see instructions.
3,279.
19 Divide line 17 by line 18. If line 17 is more than line 18, enter "1" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20 Individuals: Enter the amounts from Form 1040, lines 44 and 46. If you are a nonresident alien, enter the amounts from
Form 1040NR, lines 42 and 44. Estates and trusts: Enter the amount from Form 1041, Schedule G, line 1a, or the total
of Form 990-T, lines 36 and 37 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Caution: If you are completing line 20 for separate category e (lump-sum distributions), see instructions.
19
.08313
20
57,038.
21
4,742.
22
3,279.
Part IV
23
24
25
26
27
28
29
30
27
28
29
30
3,279.
3,279.
Form 1116 (2014)
411511
01-09-15
18
2014.06010 DAYTON, MARK
2100A__1
Form
6251
2014
" "
MARK B. DAYTON
Part I Alternative Minimum Taxable Income
***-**-****
1 If filing Schedule A (Form 1040), enter the amount from Form 1040, line 41, and go to line 2. Otherwise, enter the
amount from Form 1040, line 38, and go to line 7. (If less than zero, enter as a negative amount.) ~~~~~~~~
2 Medical and dental. If you or your spouse was 65 or older, enter the smaller of Schedule A (Form 1040), line 4,
or 2.5% (.025) of Form 1040, line 38. If zero or less, enter -0- ~~~~~~~~~~~~~~~~~~~~~~~~~~
3 Taxes from Schedule A (Form 1040), line 9 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
4 Enter the home mortgage interest adjustment, if any, from line 6 of the worksheet in the instructions for this line
5 Miscellaneous deductions from Schedule A (Form 1040), line 27 ~~~~~~~~~~~~~~~~~~~~~~~~
6 If Form 1040, line 38, is $152,525 or less, enter -0-. Otherwise, see instructions ~~~~~~~~~~~~~~~~
7 Tax refund from Form 1040, line 10 or line 21 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
8 Investment interest expense (difference between regular tax and AMT) ~~~~~~~~~~~~~~~~~~~~
9 Depletion (difference between regular tax and AMT) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
10 Net operating loss deduction from Form 1040, line 21. Enter as a positive amount ~~~~~~~~~~~~~~~
11 Alternative tax net operating loss deduction ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
12 Interest from specified private activity bonds exempt from the regular tax ~~~~~~~~~~~~~~~~~~~
13 Qualified small business stock (7% of gain excluded under section 1202)~~~~~~~~~~~~~~~~~~~~
14 Exercise of incentive stock options (excess of AMT income over regular tax income) ~~~~~~~~~~~~~~
15 Estates and trusts (amount from Schedule K-1 (Form 1041), box 12, code A) ~~~~~~~~~~~~~~~~~~
16 Electing large partnerships (amount from Schedule K-1 (Form 1065-B), box 6) ~~~~~~~~~~~~~~~~~
17 Disposition of property (difference between AMT and regular tax gain or loss) ~~~~~~~~~~~~~~~~~
18 Depreciation on assets placed in service after 1986 (difference between regular tax and AMT) ~~~~~~~~~
19 Passive activities (difference between AMT and regular tax income or loss) ~~~~~~~~~~~~~~~~~~
20 Loss limitations (difference between AMT and regular tax income or loss) ~~~~~~~~~~~~~~~~~~~
21 Circulation costs (difference between regular tax and AMT) ~~~~~~~~~~~~~~~~~~~~~~~~~~
22 Long-term contracts (difference between AMT and regular tax income) ~~~~~~~~~~~~~~~~~~~~
23 Mining costs (difference between regular tax and AMT) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
24 Research and experimental costs (difference between regular tax and AMT) ~~~~~~~~~~~~~~~~~~
25 Income from certain installment sales before January 1, 1987 ~~~~~~~~~~~~~~~~~~~~~~~~~
26 Intangible drilling costs preference ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
27 Other adjustments, including income-based related adjustments~~~~~~~~~~~~~~~~~~~~~~~~
28 Alternative minimum taxable income. Combine lines 1 through 27. (If married filing separately and line 28 is
more than $242,450, see instructions.)
Part II
29 Exemption. (If you were under age 24 at the end of 2014, see instructions.)
IF your filing status is...
AND line 28 is not over...
THEN enter on line 29...
Single or head of household ~~~~~~~~ $117,300 ~~~~~~~~~~ $52,800
~~
Married filing jointly or qualifying widow(er) ~
156,500 ~~~~~~~~~~ 82,100
Married filing separately ~~~~~~~~~~
78,250 ~~~~~~~~~~ 41,050
If line 28 is over the amount shown above for your filing status, see instructions.
30 Subtract line 29 from line 28. If more than zero, go to line 31. If zero or less, enter -0- here and on lines 31, 33, and 35, and go to line 34 ~~~~~
31 If you are filing Form 2555 or 2555-EZ, see instructions for the amount to enter.
If you reported capital gain distributions directly on Form 1040, line 13; you reported qualified dividends
on Form 1040, line 9b; or you had a gain on both lines 15 and 16 of Schedule D (Form 1040) (as refigured
for the AMT, if necessary), complete Part III on page 2 and enter the amount from line 64 here.
~
All others: If line 30 is $182,500 or less ($91,250 or less if married filing separately), multiply line 30 by
26% (.26). Otherwise, multiply line 30 by 28% (.28) and subtract $3,650 ($1,825 if married filing
separately) from the result.
32 Alternative minimum tax foreign tax credit (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~
33 Tentative minimum tax. Subtract line 32 from line 31 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
34 Add Form 1040, line 44 (minus any tax from Form 4972), and Form 1040, line 46. Subtract from the result any
foreign tax credit from Form 1040, line 48. If you used Sch J to figure your tax on Form 1040, line 44, refigure
that tax without using Schedule J before completing this line (see instructions) ~~~~~~~~~~~~~~~~
35 AMT. Subtract line 34 from line 33. If zero or less, enter -0-. Enter here and on Form 1040, line 45
419481
For Paperwork Reduction Act Notice, see your tax return instructions.
11-24-14 LHA
p
n
m
n
o
p
n
n
m
n
n
o
19
2014.06010 DAYTON, MARK
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
350,306.
0.
31,641.
1,858.
-3,775.
28
380,030.
29
0.
30
380,030.
31
69,767.
32
33
3,279.
66,488.
34
35
53,759.
12,729.
Form 6251 (2014)
2100A__1
MARK B. DAYTON
Tax Computation Using Maximum Capital Gains Rates
Part III
***-**-****
Page
Complete Part III only if you are required to do so by line 31 or by the Foreign Earned Income Tax Worksheet in the instructions.
36 Enter the amount from Form 6251, line 30. If you are filing Form 2555 or 2555-EZ, enter the amount from
380,030.
line 3 of the worksheet in the instructions for line 31 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
36
37 Enter the amount from line 6 of the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44, or the amount from line 13 of the Schedule D Tax Worksheet in the instructions for
Schedule D (Form 1040), whichever applies (as refigured for the AMT, if necessary) (see instructions). If
264,002.
you are filing Form 2555 or 2555-EZ, see instructions for the amount to enter ~~~~~~~~~~~~~~~~~
37
38 Enter the amount from Schedule D (Form 1040), line 19 (as refigured for the AMT, if necessary) (see
instructions). If you are filing Form 2555 or 2555-EZ, see instructions for the amount to enter ~~~~~~~~~~
38
39 If you did not complete a Schedule D Tax Worksheet for the regular tax or the AMT, enter the amount
from line 37. Otherwise, add lines 37 and 38, and enter the smaller of that result or the amount from line
10 of the Schedule D Tax Worksheet (as refigured for the AMT, if necessary). If you are filing Form 2555 or
264,002.
2555-EZ, see instructions for the amount to enter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
39
264,002.
40 Enter the smaller of line 36 or line 39 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
40
116,028.
41 Subtract line 40 from line 36~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
41
42 If line 41 is $182,500 or less ($91,250 or less if married filing separately), multiply line 41 by 26% (.26). Otherwise,
30,167.
multiply line 41 by 28% (.28) and subtract $3,650 ($1,825 if married filing separately) from the result ~~~~ |
42
43 Enter:
$73,800 if married filing jointly or qualifying widow(er),
36,900.
$36,900 if single or married filing separately, or
~~~~~~~~~~~~~~~~~~~~~~~~~~
43
$49,400 if head of household.
44 Enter the amount from line 7 of the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44, or the amount from line 14 of the Schedule D Tax Worksheet in the instructions for
Schedule D (Form 1040), whichever applies (as figured for the regular tax). If you did not complete either
worksheet for the regular tax, enter the amount from Form 1040, line 43; if zero or less, enter -0-. If you
86,304.
are filing Form 2555 or 2555-EZ, see instructions for the amount to enter ~~~~~~~~~~~~~~~~~~~
44
0.
45 Subtract line 44 from line 43. If zero or less, enter -0-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
45
264,002.
46 Enter the smaller of line 36 or line 37 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
46
0.
47 Enter the smaller of line 45 or line 46. This amount is taxed at 0% ~~~~~~~~~~~~~~~~~~~~~~~
47
264,002.
48 Subtract line 47 from line 46 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
48
49 Enter:
$406,750 if single
$228,800 if married filing separately
406,750.
~~~~~~~~~~~~~~~~~~~~~~~~~~
49
$457,600 if married filing jointly or qualifying widow(er)
$432,200 if head of household
0.
50 Enter the amount from line 45 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
50
51 Enter the amount from line 7 of the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44, or the amount from line 19 of the Schedule D Tax Worksheet, whichever applies
(as figured for the regular tax). If you did not complete either worksheet for the regular tax, enter the
amount from Form 1040, line 43; if zero or less, enter -0-. If you are filing Form 2555 or Form 2555-EZ,
86,304.
see instructions for the amount to enter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
51
86,304.
52 Add line 50 and line 51 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
52
320,446.
53 Subtract line 52 from line 49. If zero or less, enter -0- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
53
264,002.
54 Enter the smaller of line 48 or line 53 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
54
39,600.
55 Multiply line 54 by 15% (.15) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
55
264,002.
56 Add lines 47 and 54 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
56
If lines 56 and 36 are the same, skip lines 57 through 61 and go to line 62. Otherwise, go to line 57.
0.
57 Subtract line 56 from line 46 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
57
58 Multiply line 57 by 20% (.20) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
58
If line 38 is zero or blank, skip lines 59 through 61 and go to line 62. Otherwise, go to line 59.
59 Add lines 41, 56, and 57 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
59
60 Subtract line 59 from line 36 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
60
61 Multiply line 60 by 25% (.25) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
61
69,767.
62 Add lines 42, 55, 58, and 61 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
62
63 If line 36 is $182,500 or less ($91,250 or less if married filing separately), multiply line 36 by 26% (.26).
102,758.
Otherwise, multiply line 36 by 28% (.28) and subtract $3,650 ($1,825 if married filing separately) from the result~
63
64 Enter the smaller of line 62 or line 63 here and on line 31. If you are filing Form 2555 or 2555-EZ, do not enter
69,767.
this amount on line 31. Instead, enter it on line 4 of the worksheet in the instructions for line 31
64
419591
11-24-14
Form 6251 (2014)
p
m
o
p
n
m
n
o
20
2014.06010 DAYTON, MARK
2100A__1
1116
Form
Name
2014
MARK B. DAYTON
***-**-****
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
b
c
d
Lump-sum distributions
Part I
Taxable Income or Loss From Sources Outside the United States (for Category Checked Above)
A
Total
(Add cols. A, B, and C.)
OTHER
COUNTRIES
16,802.
1a
16,802.
6
7
16,802.
Country
Part II
Credit is claimed
for taxes
(you must
check one)
In foreign currency
In U.S. dollars
(n) Other
foreign
taxes paid or
accrued
A
B
C
8 Add lines A through C, column (s). Enter the total here and on line 9, page 2
Dividends
3,279.
and
(p) Rents
royalties
Interest
(q)
(r) Other
foreign
taxes paid or
accrued
21
2014.06010 DAYTON, MARK
3,279.
3,279.
Form 1116 (2014)
2100A__1
MARK B. DAYTON
Figuring the Credit
***-**-****
Part III
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 ~~~~~~~~~~~~~~~~~~~~
10
11
12
13
~~~~~~~~~~~~~~~~~~~~~~~
Page 2
3,279.
3,279.
14 Combine lines 11, 12, and 13. This is the total amount of foreign taxes available for credit 14
15 Enter the amount from line 7. This is your taxable income or (loss) from sources outside the
16,802.
United States (before adjustments) for the category of income checked above Part I ~~~~~ 15
16 Adjustments to line 15 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16
17 Combine the amounts on lines 15 and 16. 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 18 through 22. However, if you are filing more than
16,802.
one Form 1116, you must complete line 20.) ~~~~~~~~~~~~~~~~~~~~~~ 17
Individuals:
Enter
the
amount
from
Form
1040,
line
41,
or
Form
1040NR,
line
39.
18
Estates and trusts: Enter your taxable income without the deduction for your
SEE STATEMENT 4
257,454.
exemption ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
18
Caution: If you figured your tax using the lower rates on qualified dividends or capital gains, see instructions.
3,279.
19 Divide line 17 by line 18. If line 17 is more than line 18, enter "1" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20 Individuals: Enter the amounts from Form 1040, lines 44 and 46. If you are a nonresident alien, enter the amounts from
Form 1040NR, lines 42 and 44. Estates and trusts: Enter the amount from Form 1041, Schedule G, line 1a, or the total
of Form 990-T, lines 36 and 37 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Caution: If you are completing line 20 for separate category e (lump-sum distributions), see instructions.
19
.06526
20
69,767.
21
4,553.
22
3,279.
Part IV
23
24
25
26
27
28
29
30
27
28
29
30
3,279.
3,279.
Form 1116 (2014)
411511
01-09-15
22
2014.06010 DAYTON, MARK
2100A__1
SCHEDULE H
(Form 1040)
(For Social Security, Medicare, Withheld Income, and Federal Unemployment (FUTA) Taxes)
| Attach to Form 1040, 1040NR, 1040-SS, or 1041.
| Information about Schedule H and its separate instructions is at www.irs.gov/scheduleh.
Name of employer
2014
Attachment
Sequence No.
44
***-**-****
MARK B. DAYTON
**-*******
Calendar year taxpayers having no household employees in 2014 do not have to complete this form for 2014.
Did you pay any one household employee cash wages of $1,900 or more in 2014? (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.
No.
Did you withhold federal income tax during 2014 for any household employee?
Yes.
No.
Did you pay total cash wages of $1,000 or more in any calendar quarter of 2013 or 2014 to all household employees?
(Do not count cash wages paid in 2013 or 2014 to your spouse, your child under age 21, or your parent.)
No.
Yes.
Part I
55,854.
6,203.
Total social security, Medicare, and federal income taxes. Add lines 2, 4, 6, and 7 ~~~~~~~~~~~~~
14,749.
Did you pay total cash wages of $1,000 or more in any calendar quarter of 2013 or 2014 to all household employees?
(Do not count cash wages paid in 2013 or 2014 to your spouse, your child under age 21, or your parent.)
No.
X
LHA
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
6,926.
1,620.
55,854.
Stop. Include the amount from line 8 above on Form 1040, line 60a. If you are not required to file Form 1040, see the
line 9 instructions.
For Privacy Act and Paperwork Reduction Act Notice, see the instructions.
410351
12-01-14
23
2014.06010 DAYTON, MARK
2100A__1
MARK B. DAYTON
Federal Unemployment (FUTA) Tax
***-**-****
Part II
Yes
10 Did you pay unemployment contributions to only one state? (If you paid contributions to a credit reduction state,
see instructions and check "No.") ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
11 Did you pay all state unemployment contributions for 2014 by April 15, 2015? Fiscal year filers see instructions ~~~~~~~
12 Were all wages that are taxable for FUTA tax also taxable for your state's unemployment tax? ~~~~~~~~~~~~~~~~
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.
13
Section A
Name of the state where you paid unemployment contributions ~~~~ J
10
11
12
Page
No
X
X
X
MN
56.
14 Contributions paid to your state unemployment fund~~~~~~~~~~~~~~
14
Total
cash
wages
subject
to
FUTA
tax
15
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
15
16 FUTA tax. Multiply line 15 by .6% (.006). Enter the result here, skip Section B, and go to line 25
16
7,000.
42.
Section B
17 Complete all columns below that apply (if you need more space, see instructions):
(a)
(b)
(c)
(d)
(e)
Name
of
state
From
To
State
experience
rate
(f)
(g)
Totals
18
Add columns (g) and (h) of line 18 ~~~~~~~~~~~~~~~~~~~~~~~
19
Total cash wages subject to FUTA tax (see the line 15 instructions)~~~~~~~~~~~~~~~~~~~~~~~
Multiply line 20 by 6.0% (.060)
22
Multiply line 20 by 5.4% (.054)~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the smaller of line 19 or line 22
(Employers in a credit reduction state must use the worksheet and check here)~~~~~~~~~~~~~~
24 FUTA tax. Subtract line 23 from line 21. Enter the result here and go to line 25
18
19
20
21
22
23
Part III
20
21
23
24
25 Enter the amount from line 8. If you checked the "Yes" box on line C of page 1, enter -0- ~~~~~~~~~~~~
26 Add line 16 (or line 24) and line 25 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
27 Are you required to file Form 1040?
X Yes. Stop. Include the amount from line 26 above on Form 1040, line 60a. Do not complete Part IV below.
No. You may have to complete Part IV. See instructions for details.
Part IV Address and Signature - Complete this part only if required. See the line 27 instructions.
Address (number and street) or P.O. box if mail is not delivered to street address
(h)
Contributions
paid to state
unemployment
fund
14,749.
14,791.
25
26
Under penalties 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 state unemployment fund claimed as a credit was, or is to be, deducted from the payments to employees. Declaration of preparer (other than taxpayer) is based on all information of
which preparer has any knowledge.
Employer's signature
Paid
Preparer
Use Only
Preparer's signature
Date
Date
Firm's name |
Check
if
self- employed
Firm's EIN |
PTIN
Phone no.
Firm's address |
410352
12-01-14
24
2014.06010 DAYTON, MARK
2100A__1
Form
8960
2014
MARK B. DAYTON
Part I
Investment Income
***-**-****
d
6
7
8
9a
b
c
d
10
11
12
Net investment income. Subtract Part II, line 11 from Part I, line 8. Individuals complete lines 1317. Estates and trusts complete lines 18a-21. If zero or less, enter -0- ~~~~~~~~~~~~~~~~~~~~~
1
2
3
4a
b
c
5a
b
c
Part II
Part III
198,684.
-104,120.
160,101.
14,766.
14,766.
Tax Computation
Individuals:
13
14
15
16
17
219.
65,318.
12
380,030.
Modified adjusted gross income (see instructions) ~~~~~~~~~~~~~~~
13
200,000.
Threshold based on filing status (see instructions) ~~~~~~~~~~~~~~~
14
180,030.
Subtract line 14 from line 13. If zero or less, enter -0- ~~~~~~~~~~~~~~
15
Enter the smaller of line 12 or line 15 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
16
Net investment income tax for individuals. Multiply line 16 by 3.8% (.038). Enter here and
include on your tax return (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
17
145,335.
145,335.
5,523.
423121
12-11-14
25
2014.06010 DAYTON, MARK
20
21
Form 8960 (2014)
2100A__1
1,858.
4.
(A)
Reenter the amounts and descriptions from Part I, line 1.
Description
(a)
(b)
TIP
Line
9C
(C)
Multiply the
individual amounts
in column (A) by the
amount in column
(B).
Amount
9,459.
X
X
.1964
=
=
1,858.
Individuals - Use the amounts in column (C) on Part III, line 1, to determine the amount of these deductions that are
allowable after the application of the section 68 limitation.
Estates or trusts - Enter the amounts in column (C) in the appropriate location on lines 9 and 10. Do not complete Parts
III or IV of this worksheet.
423251
01-09-15
25.1
2014.06010 DAYTON, MARK
2100A__1
continued
Part III - Application of Section 68 to deductions properly allocable to investment income (Individuals Only)
1. Enter the amount of Miscellaneous Itemized Deductions properly allocable to
investment income from column (C) of Part II:
Description
Line
Amount
(a) INVESTMENT, TAX &
9C
1,858.
(b) ACCOUNT SERVICES
2. Enter the amount of state, local, and foreign income taxes that are properly
12,908.
allocable to investment income ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2.
3. Enter the amounts of other Itemized Deductions subject to the section 68 limitation
and properly allocable to investment income before any itemized deduction
limitations (Description and Form 8960 line number):
Description
Line
Amount
(a)
(b)
4. Enter the total deductions properly allocable to investment income subject to the section 68 limitation. Enter
the sum of lines 1 through 3 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
5. Enter the amount of total itemized deductions reported on Form 1040,
29,724.
line 40 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5.
6. Enter all other itemized deductions allowed but not subject to the section 68
deduction limitation:
(a) Investment Interest Expense ~~~~~~~~~~
(b) Casualty Losses (other than losses described in
section 165(c)(1)) ~~~~~~~~~~~~~~~
(c) Medical Expenses ~~~~~~~~~~~~~~~
(d) Gambling Losses ~~~~~~~~~~~~~~~
(e) Total of lines 6(a) through 6(d) ~~~~~~~~~~~~~~~~~~~~~~~~ 6e.
7. Subtract line 6e from line 5 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
8. Enter the lesser of line 7 or line 4 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
TIP
4.
14,766.
7.
8.
29,724.
14,766.
This is the amount of itemized deductions that are properly allocable to investment income after the application of the sections 67
and 68 deduction limitations. Use Part IV of this worksheet to reconcile this amount to the individual deduction amounts reported
on Form 8960, lines 9 and 10.
Part IV - Reconciliation of Schedule A Deductions to Form 8960, lines 9 and 10 (Individuals Only)
(B)
IF Part III, line 8 is less
than Part III, line 4,
THEN divide line 8 by
line 4 AND enter the
amount in column (B).
IF the amounts
reported on Part III,
lines 4 and 8 are
equal, THEN enter
1.00 in column (B).
(A)
Reenter the amounts and descriptions from Part III, lines 1 - 3.
Miscellaneous Itemized Deductions properly allocable to
investment income:
Description
Line
1. (a) INVESTMENT, TAX &
9C
(b) ACCOUNT SERVICES
2. State, local, and foreign income taxes ~~~~~~~~~~
Itemized Deductions Subject to Section 68 included on Line
3 of Part III:
3. (a)
(b)
423252 01-13-15
(C)
Multiply the individual
amounts in column
(A) by the amount in
column (B). Enter
these amounts in the
appropriate location
on lines 9 and 10.
Amount
1,858.
12,908.
X
X
X
X
X
25.2
2014.06010 DAYTON, MARK
1.0000
1.0000
=
=
=
1,858.
12,908.
=
=
2100A__1
Form
8960
2014
MINNESOTA
Name(s)
MARK B DAYTON
Part I
Investment Income
1
2
3
4a
b
c
5a
b
c
d
6
7
8
Part II
9
10
11
***-**-****
198,684.
-104,120.
160,101.
Part III
219.
65,318.
State Income Tax Pro-ration for 2013 Estimate Payments Made in 2014
380,030.
24,236.
10,210.
9
10
11
2,200.
.364361
.
802.
Part IV State Income Tax Pro-ration for Balance of Prior Years Tax Plus Extension Payments Paid in 2014
5,205.
15
Balance of prior years tax plus extension payments paid in 2014 ~~~~~~~~~~~~~~~~~~~~~~~
15
.364361
.
16
Percent of state income taxes attributable to investment income for 2013 ~~~~~~~~~~~~~~~~~~
16
1,896.
17
Balance of prior years tax and extension payments attributable to investment income. Line 15 times line 16
17
Part V Reduction of State Tax Deduction
12
13
14
12
13
14
18
19
20
18
19
20
21
Combine lines 11, 14, 17 and 20. Carry to Form 8960, Line 9 Worksheet, Part III, line 2
Part VI
21
.364361
.
)
)
12,908.
Form 8960 (2014)
423161
11-26-14
25.3
2014.06010 DAYTON, MARK
2100A__1
Form 1116
NAME
MARK B. DAYTON
***-**-****
FOREIGN
INCOME TYPE
Compensation
Dividends/Distributions
Interest
Capital Gains
Business/Profession
Rent/Royalty
State/Local Refunds
Partnership/S Corporation
Trust/Estate
Other Income
Gross Income
TOTAL
U.S.
PASSIVE
115,809.
65,318.
219.
198,684.
115,809.
65,318.
219.
198,684.
380,030.
-16,802.
363,228.
16,802.
16,802.
380,030.
363,228.
16,802.
380,030.
363,228.
16,802.
29,724.
29,724.
28,410.
28,410.
1,314.
1,314.
350,306.
334,818.
15,488.
Less:
Section 911 Exclusion
Capital Losses
Capital Gains Tax Adjustment
Total Income - Form 1116
Deductions:
Business/Profession Expenses
Rent/Royalty Expenses
Partnership/S Corporation Losses
Trust/Estate Losses
Capital Losses
Non-capital Losses
Individual Retirement Account
Moving Expenses
Self-employment Tax Deduction
Self-employment Health Insurance
Keogh Contributions
Alimony
Forfeited Interest
Foreign Housing Deduction
Other Adjustments
Capital Gains Tax Adjustment
Total Deductions
Adjusted Gross Income
Less Itemized Deductions:
Specifically Allocated
Home Mortgage Interest
Other Interest
Ratably Allocated
Total Adjustments to Adjusted Gross Income
Taxable Income Before Exemptions
427931
05-01-14
26
2014.06010 DAYTON, MARK
2100A__1
Form 1116
NAME
MARK B. DAYTON
***-**-****
Total
Itemized
Deductions
Taxes ~~~~~~~~~~~~~~
Itemized Deductions
After Sec. 68
Reduction
Form 1116
Specifically U.S.
Specifically Foreign
Ratable
31,641.
28,075.
28,075.
1,858.
1,649.
1,649.
33,499.
29,724.
33,499.
427871
05-01-14
29,724.
27
2014.06010 DAYTON, MARK
29,724.
2100A__1
Form 1116
NAME
MARK B. DAYTON
***-**-****
PASSIVE INCOME
2012
Regular
2009
2010
2011
2013
1. Foreign tax paid/accrued
2. FTC carryback to 2014
for amended returns ~
3. Reduction in foreign
taxes ~~~~~~~~
4. Foreign tax available ~
5. Maximum credit allowable
6. Unused foreign tax ( + )
or excess of limit ( - ) ~
7. Foreign tax carryback ~
8. Foreign tax carryforward
9. Foreign tax or excess
limit remaining ~~~~
Total foreign taxes from all available years to be carried to next year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2004
2005
2006
2007
2014
3,279.
3,279.
4,742.
-1,463.
-1,463.
2008
427915
05-01-14
28
2014.06010 DAYTON, MARK
2100A__1
Form 1116
NAME
MARK B. DAYTON
***-**-****
PASSIVE INCOME
2012
AMT
2009
2010
2011
2013
1. Foreign tax paid/accrued
2. FTC carryback to 2014
for amended returns ~
3. Reduction in foreign
taxes ~~~~~~~~
4. Foreign tax available ~
5. Maximum credit allowable
6. Unused foreign tax ( + )
or excess of limit ( - ) ~
7. Foreign tax carryback ~
8. Foreign tax carryforward
9. Foreign tax or excess
limit remaining ~~~~
Total foreign taxes from all available years to be carried to next year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2004
2005
2006
2007
2014
3,279.
3,279.
4,553.
-1,274.
-1,274.
2008
427916
05-01-14
29
2014.06010 DAYTON, MARK
2100A__1
MARK B. DAYTON
***-**-****
}}}}}}}}}}}}}}
}}}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 1040
QUALIFIED DIVIDENDS
STATEMENT
1
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
NAME OF PAYER
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
FROM K-1 - BRUCE B DAYTON 2004 CRUT
TOTAL INCLUDED IN FORM 1040, LINE 9B
ORDINARY
QUALIFIED
DIVIDENDS
DIVIDENDS
}}}}}}}}}}}}}} }}}}}}}}}}}}}}
65,318.
65,318.
}}}}}}}}}}}}}}
65,318.
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
SCHEDULE D
NET LONG-TERM GAIN OR LOSS FROM
STATEMENT
2
PARTNERSHIPS, S CORPORATIONS, AND FIDUCIARIES
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
DESCRIPTION OF ACTIVITY
}}}}}}}}}}}}}}}}}}}}}}}
BRUCE B DAYTON 2004 CRUT
TOTAL TO SCHEDULE D, PART II, LINE 12
GAIN OR LOSS
}}}}}}}}}}}}
198,684.
}}}}}}}}}}}}
198,684.
~~~~~~~~~~~~
30
2014.06010 DAYTON, MARK
28% GAIN
}}}}}}}}}}}}
}}}}}}}}}}}}
~~~~~~~~~~~~
STATEMENT(S) 1, 2
2100A__1
MARK B. DAYTON
***-**-****
}}}}}}}}}}}}}}
}}}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 1116
WORLDWIDE CAPITAL GAINS
STATEMENT
3
WORKSHEET FOR LINE 18
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
1
350,306.
264,002.
163,998.
10
11
12
31
2014.06010 DAYTON, MARK
163,998.
}}}}}}}}}}}}}}
186,308.
~~~~~~~~~~~~~~
STATEMENT(S) 3
2100A__1
MARK B. DAYTON
***-**-****
}}}}}}}}}}}}}}
}}}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 1116
ALTERNATIVE MINIMUM TAX FOREIGN TAX CREDIT
STATEMENT
4
WORLDWIDE CAPITAL GAINS
WORKSHEET FOR LINE 18
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
1
264,002.
122,576.
10
380,030.
122,576.
}}}}}}}}}}}}}}
257,454.
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 8960
OTHER MODIFICATIONS TO INVESTMENT INCOME
STATEMENT
5
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
BRUCE B DAYTON 2004 CRUT
-104,120.
}}}}}}}}}}}}}}
-104,120.
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 8960
STATE INCOME TAX PAYMENTS
STATEMENT
6
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
MINNESOTA
DESCRIPTION
}}}}}}}}}}}
STATE OF MINNESOTA
MINNESOTA 1ST QUARTER ESTIMATE PAYMENT
MINNESOTA 2ND QUARTER ESTIMATE PAYMENT
MINNESOTA 3RD QUARTER ESTIMATE PAYMENT
TOTAL TO STATE FORM 8960, LINE 10
32
2014.06010 DAYTON, MARK
AMOUNT
}}}}}}}}}}}}}}
7,536.
8,300.
2,900.
5,500.
}}}}}}}}}}}}}}
24,236.
~~~~~~~~~~~~~~
STATEMENT(S) 4, 5, 6
2100A__1
M1
MINNESOTA
1411
MARK B
DAYTON
*********
Place
an X if a
Foreign
Address:
01261947
MINNEAPOLIS
2014 Federal
Filing Status
(place an X in
one box):
Single
Head of
household
(1)
MN
(2)
(3)
Qualifying widow(er)
(4)
(5)
55402
From Your Federal Return (for line references see instructions), enter the amount of:
A Wages, salaries, tips, etc.:
B IRA, Pensions and annuities:
C Unemployment:
115809
380030
350306
21974
m
372280
4 Add lines 1 through 3 (if a negative number, place an X in the oval box)~~~~~~~ 4
5 State income tax refund from line 10 of federal Form 1040 ~~~~~~~~~~~~~ 5
6 Other subtractions, such as net interest or mutual fund dividends from U.S. bonds
or K-12 education expenses (see instructions; enclose Schedule M1M)~~~~~~~ 6
372280
8 Minnesota taxable income. Subtract line 7 from line 4. If zero or less, leave blank ~~ 8
32551
m
32551
32551
line 12, from line 23 on line 12a, and from line 24 on line 12b (enclose Schedule M1NR) ~~ 12
a.
b.
13
14
1116
m
32551
1412
32551
32551
32551
7536
21800
~~~~~ 24 m
~~~~~ 25 m
~~~~~ 26 m
~~~~~ 27 m
29336
30 REFUND. If line 29 is more than line 21, subtract line 21 from line 29
(see instructions). For direct deposit, complete line 31 ~~~~~~~~~~~~~~~~~~ 30 m
31 Direct deposit of your refund (you must use an account not associated with a foreign bank):
Checking
Savings
3215
Your signature
Date
Date
LORI HUME
6123397151
9525483400
P01263847
1116
MINNESOTA
1431
REVENUE
Complete this schedule to report Minnesota income tax withheld. Include this schedule when you file your return.
MARK B
DAYTON
*********
If you received a W-2, 1099, W-2G, Schedule KPI, KS or KF that shows Minnesota income tax was withheld, complete this
schedule to determine line 22 of Form M1. List only the forms that report Minnesota income tax withheld. Round dollar
amounts to the nearest whole dollar. You must include this schedule when you file your return. DO NOT send in your W-2,
1099 or W-2G forms; keep them with your tax records. All instructions are included on this schedule.
1
Minnesota wages and tax withheld from W-2s, other than from W-2G. If you have more than five W-2s, complete line 5 on page 2.
A
If the W-2 is for:
B - Box 13
If Retirement Plan
you, enter 1
box is checked,
spouse, enter 2
C - Box 15
Employer's 7-digit Minnesota
state tax ID number
D - Box 16
State wages, tips, etc.
(round to nearest whole dollar)
E - Box 17
Minnesota tax withheld
(round to nearest whole dollar)
mark an X below.
9000001
115809
7536
7536
2 Minnesota tax withheld from 1099 and W-2G forms. If you have more than four forms, complete line 6 on page 2.
A
C
Income amount (see the table on
page 2 for amounts to include)
D
Minnesota tax withheld
spouse, enter 2
Subtotal for additional 1099 and W-2G forms (from line 6 on page 2) ~~~~~~~~~~~~~~~
Total Minnesota tax withheld from all 1099 and W-2G forms (add amounts in line 2, column D) ~ 2
3
1116
b
b
b
7536
MINNESOTA
14211
REVENUE
Filing Information
0101
12312014
Amended KF:
*********
Beneficiary's name
MARK B DAYTON
*********
9999999
Address of beneficiary
Address of fiduciary
City
MINNEAPOLIS
State
MN
ZIP code
55402-4523
City
ST. PAUL
State
MN
ZIP code
55164-0713
Calculate lines 1-22 the same for all resident and nonresident beneficiaries. Calculate
lines 23-29 for nonresident beneficiaries only. Round amounts to the nearest whole dollar.
Beneficiary: Include on:
All Beneficiaries
Additions to income
1 State and municipal bond interest from outside Minnesota ~~~~~~~
3 Expenses deducted that are attributable to income not taxed by Minnesota (other than interest or mutual fund dividends from U.S. bonds)~~~
7a
7b
Line 5, Form M1
~~~~~~~~~~~~~~~~~~~~~~~~~ 14
16a
16b
459891
10-21-14
1116
14212
Credits (you must enclose this schedule with your Form M1 if claiming a credit) Include on:
18 Any Minnesota income tax withholding credit received by the fiduciary~~ 18
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 19
Include on Schedule
M1NR, column B on:
Nonresident beneficiaries
Minnesota portion of amounts from federal Schedule K-1 (1041)
23 Capital gain or loss on Minnesota real property ~~~~~~~~~~~~~ 23
Line 4
Nonresident
Beneficiaries Only
b Income from Minnesota rents, royalties, partnerships, S corporations, estates and trusts ~ b
c Farm income or loss ~~~~~~~~~~~~~ c
Total (add lines 24a, 24b and 24c) ~~~~~~~~~~~~~~~~~~~~ 24
Line 6
Line 2
Line 8
information only (see inst.)
~~~ 29
Fiduciary: Enclose this schedule and copies of all Schedules KF and federal Schedules K-1 with your Form M2.
Beneficiary: See instructions. Include this schedule when you file your Form M1.
459892
10-21-14
1116
MARK B. DAYTON
***-**-****
}}}}}}}}}}}}}}
}}}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MN M1
STATE INCOME TAX OR SALES TAX
STATEMENT
2
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
DESCRIPTION
}}}}}}}}}}}
1. TOTAL ITEMIZED DEDUCTIONS FROM FEDERAL SCHEDULE A, LINE 29
2. TABLE AMOUNT
3. SUBTRACT STEP 2 FROM STEP 1
4. STATE INCOME OR SALES TAX FROM FEDERAL SCHEDULE A, LINE 5
5. SMALLER OF STEP 3 OR STEP 4 TO FORM M1, PAGE 1, LINE 2
9
2014.06010 DAYTON, MARK
AMOUNT
}}}}}}}}}}}}}}
29,724.
7,750.
}}}}}}}}}}}}}}
21,974.
31,641.
}}}}}}}}}}}}}}
21,974.
~~~~~~~~~~~~~~
STATEMENT(S) 2
2100A__1