EFTA01108257.pdf

SOH IR SECKEND0RF HASSON & REILLY, CPA'S LLC 3000 Marcus Avenue Suite 3VM, Lake Success, NY 11042 Phone:I Fax:331488-13487 Each tax return or form listed above should be filed in accordance with the enclosed filing instructions. Please call if you have any questions. Sincerely, DAVID M. HASSON, CPA EFTA01108257 2015 FEDERAL FILING INSTRUCTIONS CLIENT JEGEINC JEGE INC 51.0405649 ELECTRONICALLY FILED: FORM 11205 - 2015 U.S. 5 CORPORATION INCOME TAX RETURN THE ABOVE TAX RETURN WILL BE ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE UPON RECEIPT OF A SIGNED FORM 88795 - IRS E-FILE SIGNATURE AUTHORIZATION. PAYMENT: NO PAYMENT IS REQUIRED. OTHER INSTRUCTIONS: YOUMUST'OrSTRIBITE24EC-OW-W: -IFInOlFStitEDUI:e1F''flOarAELT--- - S REHOLDER. BE SURE TO GIVE EACH SHAREHOLDER A COPY OF THE S AREHOLDER'S INSTRUCTIONS FOR SCHEDULE K-1 (FORM 11205). <4. EFTA01108258  Ohio No. Isk5-0123 Fol,„ 8879-S IRS e-file Signature Authorization for Form 1120S Do not send to the IRS. Keep for your records. Information about Form 8879-S and its instructions Is at wwwirsgovilonn8879s. 2015 Department a eic Tiiiinvir internal Revere° Sorter Fee caler-4at year 2015. °stainer 1:O/irring , 2015, win me a operation EmP0nrer Kliontification raimbtr JEGE INC 51-0405649 Part I ITax Return Information (Whole dollars only) 1 Gross receipts or sales less returns and allowances form 1120S, Ihe le) 1 2 Gross profit (Form 11206, line 3) 2 3 Ordinary business income (loss) (Form 1120S, line 21) 3 4 Net rental real estate income (loss) (Form 1120S, Schedule K, line 2) 4 5 Income (loss) reconciliation (Form 11205, Schedule K, tine 18) 5 0. Part II 'Declaration and Signature Authorization of Officer (Be sure toget a copy of the corporation's return) Under penalties of perjury, I declare that I am an officer of the above corporation and that I have examined a copy of the corporation's 2015 electronic income tax return and accompanying 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 lax return. I consent to allow my electronic return originator (ERO). transmitter, or intermediate service provider to send the corporation's return to the IRS end to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in promising the return or refund, and (c) the date of any rebind. If applicable, I authorize ihe U.S. Treasuryand 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 1438134534537 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 iriqiuiries and resolve issues related to the payment. I have selected a personal identification climber (PIN) as mSignature for the Corporatipe_ectronic4Incae ld.,4,014SP,,p4Pga n ono. 'extra 17. Officer's PIN: dultic one box only IA I authorize t..,SHR, CPA' S LLC to enter my PIN 05759 as my signature ERO on the corporation Ily toed :-cr.-•.c Iexretum. ❑ As an officer ele ctioniCally fit My ' • N 1 , iy signature cniffirthwation's -r-,41,..kvia Officers strain b' ;7- — carat— P. PRE DENT r..1 Part III lCerti iotTedgifithentieathann :2•0- Ste e,t:;n . 44=ritt., ERD's EF1NIPIN ter your six•digit EFIN followed by your five digit self-selected PIN I 1242511042 de a ceder all zeros tat the atieireAltritletiallOtkierrtit410300 1.IYMMtatiNtrislitteat54MtidtiltietfkiltPreereA-Vittlettann indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub 3112, e. Application and Participation, and Pub 4163, Modernized e-File (Men Information for Authorized IRS e-filo Providers for Business Returns. mg:soma • DAVID M. HASSON, CPA Dale * ERO Must Retain This Form — See Instrudlons Do Not Submit This Form to the IRS Unless Requested To Do So BAA For Paperwork Reduction Act Notice, see instructions. Form 8879-S (2015) SPSA0101L 07121,15 EFTA01108259  OMB No. 1545.0126 Form 1 120S U.S. Income Tax Return for an S Corporation s Do not file this form unless the corporation has filed or is olora me ir nnaima or ows-reniarry attachingForm 2553 to elect to be an S corporation. 2015 ► kdomiation about Form 11205 and Its separate Instructions is at invwirs.govilermf f 205. For calendar year 2015 or tax year beginning 2015. ending I Employer Ide flemon weber A s erection Mean date 51-0405649 1/01/2001 TYPE JEGE INC E. Date Worwatetf B 4,3„tale.Vinochide OR 6100 RED HOOK QUARTER, B3 9/07/2000 481000 ST. THOMAS, VI 00802 PRINT F Total Wets We Instils:6w) C cure N Schedule M3 :41421001 5,808,914. G Is the corporation electing to beans corporation *erring with !Ns tax ye& Yes LSINo If 'Yes,' attach Form 2553 if of already filed H Check if: (1) — Final return (2) DName change (3) Address change (4) ` Amended return (5) DS election termination or revocation ► 1 I Enter the number of shareholders who were shareholders during any part of the tax yea income and expenses on lines la through 21. See the instructions for more information. Caution. Include ony trade or business 1 a Gross receipts or sales 1a . b Returns and allowances 1b le N c Balance. Subtract line lb from line la c 2 Cost of goods sold (attach Form 1125-A) 2 o line lc 3 .1 3 Gross profit. Subtract line 2 from E 4 Net gain (loss) from Form 4797, line 17 (attach Form4797) 5 Other mcpmerft tzpoot s _ at .,... ' " ' 6 Total inrcirnSSY 7 7 Compensation of officers (see instructions - attach EOM 1125-E) (less employment credits) 8 8 Subunit and wages D 9 4 E 9 RepaiSand maintenance . . . .• . . . . u 10 Bad dels. . . ° c 11 Rents 4 I 12 Taxes Fad I. 1 13 Inter N med 0 1 here o e Fo 14 Dept lion Deple (Do Abduct orind gas' ...,_ _ 15 ° E 15 u...... ---,,- E 16 Adve4g ce— -ra . 1 -,-,. a . 16 irk IN 17 Pensidiy profiaraingi elC, pia , ... n -€ 18 Emplotee benefit programs 18 ' 19 R 19 Other deductions (attach statement) $ 7 through 19 20 Total dkluctions. Add lines 21 21 Oran% business Income doss). Subtract line 20 from line 6 22a ExcessmelStitnaconklElNdOSOBIMC".7_-....ltt- 71,-':2?-:=t----7- • -t '------ - •-; ' .?-- --,":"':::::::::1 '',--- tax (sea trtstructions) n F4x b Tax from Schedule D (Form 1120S) 22a and 22b (see instructions for additional axes) 22 c c MI lines 230 2015 estimated tax payments and 2014 overpayment credited b 2015 23a 420 b Tax deposited with Form 7004 23 b c Credit for federal tax paid on fuels (attach Form 4136) 23c 0.4)-21aZi-o d Add lines 23a through 23c. 24 Estimated tax penalty (see instructions). Check if Form 2220 is attached Mar armpit cad o s . 23d 24 25 0. 25 Amount owed. II line 73d is smaller than he total of lines 22c and 24, is larger than the total of lines 22c and 24, enter amount overpaid 26 26 Overpayment If line 23d 27 Enter amount from line 26 Credited to 2015 estimated tax ii- I Refunded is 27 ttis Wm, incLdirta nocompaninft schree4es and slalernat, and b the best at my /404/4d94 and NAN. 46 MC Under panities of penury. I declare lhat I have examined Wen wow ha row war*. tweet Nd osmplen Dectaratan of wow (NW am tatwed 4 bawd on all ~mann of Rh 6 this re n Sign . f =7 4*" al Here 6 I 10. PRESIDENT M friti DIM )( Yes FIN° r SEW= at Weer Oen PTIN prInETwe praparees name Propane, sirsu. meta I 4 DAVID N. HASSON, CPA 5/26/16 a aoaa P00035228 PMd DAVID H. HASSON, CPA 0- SHE, CPA'S LIZ ewes EIN ill" 90-0436485 Preearer Firmlftwo use Day rem% redada IP 3000 MARCUS AVE STE 3144 Ftate nor LAKE SUCCESS, NY 11042-1009 SPSADIOSI. Cell3/15 Form 11205 (2015) BAA For Paperwork Reduction Act Notice, see separate instructions. EFTA01108260 Form 7004 Application for Automatic Extension of Time To File Certain (Rev Decants 2012) OM No, ' 515.0233 Business Income Tax, Information, and Other Returns • File a separate application for each return. Department * ale Treastay Herta' Revalue State s- Information about Form 7004 and its separate instructions is at www.irs.goWform7004. Name Idantilying number Print 51-0405649 or Type 6100 RED HOOK QUARTER, B3 tax town slate, and DP code (II a Irmo address, fl it clef, ponce ce stale, aid catnap (blow me ccentsys practice ice anteing postal code)). ST. THOMAS, VI 00802 Note. File request for extension by the due date of thereturn for whkh the extension k wand. See instructions Wore eomPlerlog the LPart 1 Au omatic 5-Month Extension 1 a Enter the form code for the return that this application-is for (see below) Application Form Application Form Is For: Code Is For: Code Form 1065 09 Form 1041 (estate other than a bankruptcy estate) 04 Fonn 8804 31 Form 1041 (trust) 05 art 0 I Automatic 6-Month Extension bEnier the tflfOrthoixttirrn- sa fteifig466T Mo 25 Application Form Application Form Is For: Code Form 706-GSP 20 Form .706-GS(T)e 21 Form 1041 (ban Icy e onlifg.'-a,- It 22 Form 1041•N 23 Form 1041-On 24 - Form IOC 25 Form 105543 26 Form 1066 27 Form 1120 28 Form 1120-C 29 Form 1120-F tt. 30 form 1120•FSC 32 Form 1120-H 33 18 Form 8924 35 Form 1120.ND 19 Form 8928 36 2 If the organization is a foreign corporation that does not have an office or place of business in the United States, check here -0 3 If the organization is a corporation and is the common parent of a group that intends to file a consolidated return, check here. If checked, attach a statement, listing the name, address, and Employer Identification Number (EIN) for each member -0 covered by this application. !Partin All Filers Must Complete This Part 4 If the organization is a corporation or partnership that qualifies under Regulations section 1.6081.5, check here -0 5 a The application is for calendar year 20 15, or tax year beginning , 20 , and ending , 20 b Short tax year. If this tax year is less than 12 months, check the reason: Initial return 0 Final return 0 Change in accounting period 0 Consolidated return to be filed 0Other (see instructions — attach explanation) 6 Tentative total tax 6 0. 7 Total payments and credit's (see instructions) 7 0. 8 Balance due. Subtract line 7 from line 6 (see instructions) 8 0. BAA For Privacy Act and Paperwork Reduction Ad Notice, see separate instructions. Form 7004 (Rev 12-2012) CPC2I3701L 1113412 EFTA01108261 Form 1120S , 1 _ E INC 51-0405649 Page 2 (Schedule El I Other Information (see instructions) Yes No 1 Check accounting method: a N Cash bUAocrual cUOther (specify)•• 2 See the instructions and enter the: a Business activiV. I,- SERVICES b Product or mice .. 0- TRANSPORTATION 3 At any time during the tax year. was any shareholder of the corporation a disregarded entity, a trust, an estate, era nominee or similar person? If 'Yes; attach Schedule 8.1, Information on Certain Shareholders of an S Corporation X 4 At the end of the tax year, did the corporation: a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total stock issued and outstanding of any foreign or domestic corporation? For rtes of constructive ownership, see instructions. !f 'Yes; complete (I) through (v) below X 0)Name of Corporation 0) Employer (88 Country of (cipstPacentage (v)s il Ai stalieltnh(N) Incorporation Number Of any) Oat: (El any) guarded Sulxhapier S Subsciary Gecko Was Made b Own directly an interest of 20%a more, or own, directly or indirectly, an interest of 50% or more in the profitless, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. If 'Yes,' complete (i) through (v) below X () Name of Entity I) Employer (iii) Type (iv) Country of (v)%3XIMUM % derarhcation., ,....okEntity__ _ ,. . _Dr garuzabjkaits Oinutb Pa - lifiiiiiiy-- ::::;5:-_,:t".:.--.x..." -:".tn-r.n,.?::-.:"n",..... Last °flow I 5a Al the end itil the r, ha outstandi ages of re stoc .. .. .. ..... X If 'Yes,' co lete r and - r. 0) Total es of r led stcklA 08 Total es of strict .,.. ...r. ,„, a- b At the end the taStar, did ifiireorporibon to . or simil mentr2.. If 'Yes,' co lete lidia) an a „0-nolawZ-z"z„—, (i) Totals es oft end at-lhace— of Weeny 08 Total sPites of stock outstanding if all instruments were executed a- 6 Has this cooration filed, or is it required to file, Form 8918, Material Advisor Disclosure Statement, to provide infomsationAin any reportable transaction? 7 Check this, c.it,the‘corporatiorkissheskpirbfinly-olfigaiLdebtAnstruments&wiltorigtrhy, 5. If checked, iire0lfiiii:Arih .1^i'dy"Thiii- firflleTtifel828Virfiaricia —fiiiiiTteliknitPfitickrOffe? Discount Instruments. 8 If the corporation: (a) was a C corporation before it elected to be an S corporation or 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 gait reduced by net recognized built-in gain from prior years (see instructions) l'i 9 Enter the accumulated earnings and profits of the corporation at the end of the tax year $ 10 Does the corporation satisfy both of the following conditions? a The corporation's total receipts (see instructions) for the tax year were less than 5250,000 b The corporation's total assets at the end of the tax year were less than $250,000 If 'Yes,' the corporation is not required to complete Schedules L and M-1. 11 During the tax year, did the corporation have any nonshareholder debt that was canceled, was forgiven, or had the terms modified so as to reduce the principal amount of the debt' X If 'Yes,' enter the amount of principal reduction $ 12 During the tax year, was a qualified subchapter S subsidiary election terminated or revoked? If 'Yes', see instructions.... X 13a Did the corporation make any payments in 2015 that would require it to file Form(s) 10997 X b If 'Yes,' did the corporation file or will it file required Forms 1099? X orrn 1120S (2 SPS.6.0112L censns EFTA01108262 Form 11205 (2015) JEGE INC 51-0 4 0 564 9 Page 3 'Schedule K I Shareholders Pro Rata Share Items Total amount Income 1 Ordinary business income (loss) (page 1, line 21) 1 (Loss) 2 Not rental real estate income (loss) (attach Form 8825) 3a Other gross rental income (loss) 3a b Expenses from offer rental athvities (attach statemen0 C Other net rental income (loss). Subtract line 3b from line 3a 3e 4 Interest income 4 5 Dividends: aOrdinary dividends 5a braualified dividends. 6 Royalties - 7 Net short-term capital gain (loss) (attach Schedule D (Form 1120S)) 7 8a Not long-term capital gain (loss) (attach Schedule D form 11206)) 8a b Collectibles (28%) gain Coss) 8 ... ... c Unrecapturel section 1250 gain (attach stature) •• • • .. 9 Net section 1231 gain (loss) (attach Form 4797) 10 Other income (loss) (see instructions) Typir- 10 Deduce 11 Section 179 deduction (attach Form 4562) 11 dons 12a Charitable contributions. 12a b Investment interest expense 12 b c Section 59(e)(2) expenditures (1) 7)9e ' (2) Amotmt ••• 12c (2) d Other deductions (see intructions)...7 12d Credts 13a Liffincomartir 6Ler-income housing credit (other) 13b c ()OPUS rehtileatIon epee:items (rental real estate) (attaii Form 34% II arptIcabb) 13e d Other rental real estate credits (see instil) Type' 13d e r rentatimedt ni s : -.. I oluel per cre • Mach .•.A.% . 3 = --- 3 _g cred see i outs . • Foreign 14a of or U.S _ Trans- b incafrom a .. 4b actions ..„ c Cite'ss incrsourc her -.. ....... 4c -..., F4eign u ----..., d Pissive category 14d -.... e raberal category 14e r (attach statement) 14f ctions allocated and apportioned at shareholder level g Intrestraairia-a h Other 14h Deductions allocated and apportioned at corporate level to foreign source income i Passive category 14i j General category 14j It Other (attach statement) 14k Other information . .. I Total foreign taxes (check one): • 0 Paid I Accrued. 141 mReduction in taxes available for credit (attach statement) 14m II Other foreign tax information (attach statement) Memo- 15a Post-1986 depreciation adjustment 15a tive b Adjusted gain or loss 15b Mini- mum c Depletion (other than oil and gas) 15c Tax doll, gas, and geothermal properties gross income 15d Yrs Oil, gas, and geothermal properties — deductions 15e I Other NAT items (attach statement) 15( Items 16a Tax-exempt interest Income. 16a Affec- bother tax-exempt income 16b S hare- holder c Nondeductible expenses 16c 16d d Distributions (attach stmt if required) (see instrs) Basis it Repayment of loans from shareholders 16e BAA $P$001541 omens orrn EFTA01108263 Foim 11205 (2015) JEGE INC 51-0405649 Page 4 ESZWdilie Shareholders Pro Rata Share Items (continued) Total amount Other 17a Investment income 17a Infer- b Investment expenses 17b motion c Dividend distributions paid from accumulated earnings and profits 17c d Other items and amount (attach statement) Rocco' 18 Income/loss reconciiation. Combine the amours on lines 1 trough 10 in the far right column. dilation From the result, subtract the sum of the amounts on lines 11 through 12d and 141 18 'Schedule L I Balance Sheets per Books Beginning of tax year End of tax year Assets (a) (b) (c) (c 1 Cash 17,431 50,488. 2 a Trade notes and accounts receivable bless allowance for bad debts. 3 Inventories 4 U.S. government obligations 5 Tax-exempt securities (see instructions) 6 Other current asset (attach stmt) 7 Loans to shareholders 8 Mortgage and real estate loans 9 Other investmentsWEN stamen° . 10a Buildings and other depreciable assets. 15.404.775. ......... 15.404.775. b Less ac NikeitVertbelletioft r . . , 64 r 5,758.426. .• 11a Depletable ts ._ _ _ ..... _ ... b Less a toted depletion 12 Land (net o y amortization) 13a Intangible ts only)- - ' '''. '"",25-rer; r ---r b Loss laced • !... 14 Other rise (attach . .... , a . .. 15 Total asset0 .41-,1.,., ,is _ 5,7 Eli 5,808.914. LiabilitleEtind Shareholders' 16 Accounts billable.. ty. g0 . -- 17 Mortgages We bonds in 1P52 was4s- 18 Other corral dies to s ' 19 Loans fr rehoklers. 5.774.857. 5,807,914. 20 Mortgages, -,bonds payable In 1 year or nue. 21 Other liablb admit statement) 22 Capital .;iicr 1i.::,- ' 3sm- --alatlMo•-: -Eari.2.:!' .2-SE 1.000. 23 Additional paid-in capital 24 Retained earnings 25 Adjustments to sharehulders' equity (ad stmt) 26 Less cost of treasury stock - 27 Total liabilities and shareholders' equity. . . 5.775,857, 5,808,914. SPSA01341 O3/13f15 Form 11205 (2015) EFTA01108264  Form 11205 (2015) JEGE INC 51- 040564 9 Page 5 'Schedule IM-i iReconciliation of Income (Loss) per Books With Income (Loss) per Return Note. The corporation may be requited to hle Schedule 143 (see instructions) 1 Net income (kiss) per books 0. 5 Inccae (cicada on hooks ths year not included 2 Income included on Schedule it, lines 1, Z344,5a, 6,7, on Schedule K, lines 1 through 10 (dunk* Sa, 9, and 10. not recorded on kola iNs year (ilean): • Tax-exempt Wendt $ 3 Expenses recorded on books this year not 6 Dedushons *lauded on Scheduk K, hes lam* included on Schedule K, lines 1 through 12, 12 and 141, not dinged against book inane this and lull (itemize): year (utemze): • Depreciation a Depreciation.. .. $ b Travel and entertainment $ 7 Add lines 5 and 6 0. 4 Add lines 1 through 3 0. 8 Interne (loss) (Schedule K, In 18). La 4 less In 7... 0. iSchedule M-2 I Analysis of Accumulated Adjustments Account, Other Adjustments Account, and Shareholders' Undistributed Taxable Income Previously Taxed (see instructions) (b) Other (c)Snarelciners* uncle- (a) Accumulated trib.ted *arable intorno adjustments account adjustments account creasusly ausd 1 Balance at beginning of tax year 0. 2 Ordinary income from page 1, line 21 3 Other additions 4 Loss from page 1, line 21 5 Other reductions 6 Combine li . —. 7 Distribubonsuother than dividend ckstributions 8 Balance at nd of lax year. Subtract line 7 from line 6 0. EFTA01108265  671113 9 Final K•1 ❑ Amended K.1 MS No. 1545•019 Schedule K-1 (Form 11205) 2015 Part III Shareholder's Share of Current Year Income, ()armlet-Tent ei Me Yr./awry For cefetder ,ear 2015, or tax Deduc