EFTA00026279.pdf

Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agency specifications. When using Acrobat 9.x products and later products, select "None"in the "Page Scaling" selection box in the Adobe "Print" dialog. CLIENT'S COPY asisk CP4g EFTA00026279 Tax Return Carryovers to 2016 WOE GHISLAINE MAXWELL Disallowing Form D -I 0 Originating Form Entity/ kOv4 SV City Amount SCH D SHORT-TERM CAPITAL LOSS SCH D 176,183. SCH D LONG-TERM CAPITAL LOSS SCH D 6,119,108. SCHD AMTSHORT-TERM CAPITAL LOSS SCHD AMT 176,183. SCHD AMTLONG-TERM CAPITAL LOSS SCHD AMT 6,119,108. 1116 GENERAL LIMITATION INC C/O FROM 2015 1116 1. 1116 PASSIVE INC C/O FROM 2015 1116 2,429. 1116AMT GENERAL LIMITATION INC EXCESS LIMIT FROM 2015 1116 AMT -1. 1116AMT PASSIVE INC EXCESS LIMIT FROM 2015 1116 AMT -3,082. 6765 INCOME LIMITATION - CARGOMETRICS TECHNOLOGIES LLC SCH E P2 2 4,540. 8582 PASSIVE ACTIVITY LOSS - CARGOMETRICS TECHNOLOGIES LLC SCH E P2 2 122,626. 8582AMT PASSIVE ACTIVITY LOSS - CARGOMETRICS TECHNOLOGIES LLC SCH E P2 2 122,626. 8582CR OTHER PASSIVE ACTIVITY CREDIT 8582CR 29. 8801 MINIMUM TAX CREDIT 8801 1. 8801WKSTCREDIT TENTATIVE ADDITIONAL MINIMUM TAX 8801WKST 3. MNumbe: EFTA00026280 Two-Year Comparison Worksheet 2015 Name(s) as shown on return GHISLAINE MAXWELL 2014 Filing Status SINGLE 2014 Tax Bracket 25.0% DescrWlon Tax Year 2014 Tax Year 2015 Increase (Decrease) SCHEDULE B - TAXABLE INTEREST 64,169. 63,088. -1,081. SCHEDULE B - ORDINARY DIVIDENDS 186,472. 182,240. -4,232. SCHEDULE B - QUALIFIED DIVIDENDS 123,149. 119,551. -3,598. SCH. C/C-EZ (BUSINESS INCOME/LOSS) -1,250. -500. 750. SCHEDULE D (CAPITAL GAIN/LOSS) -3,000. -3,000. ORM 4797 (OTHER GAINS OR LOSSES) 2. 5,310. 5,308. SCHEDULE E (RENTAL AND PASSTHROUGH) 43. -3,642. -3,685. THER INCOME -12,926. 0. 12,926. TOTAL INCOME 233,510. 243,496. 9,986. JUSTED GROSS INCOME 233,510. 243,496. 9,986. AXES 128,301. 119,703. -8,598. INTEREST (DEDUCTIBLE) 1. 17. 16. ONTRIBUTIONS 0. 5,353. 5,353. OB EXPENSES AND 2% MISC. DEDUCT. 47,167. 40,652. -6,515. TOTAL ITEMIZED DEDUCTIONS 175,469. 165,725. -9,744. INCOME BEFORE EXEMPTIONS 58,041. 77,771. 19,730. PERSONAL EXEMPTIONS 0( 3,950. 4,000. 50. TAXABLE INCOME 54,091. 73,771. 19,680. AX 2,579. 5,448. 2,869. ORM 6251 (ALTERNATIVE MINIMUM TAX) 32,878. 27,605. -5,273. TAX BEFORE CREDITS --- 35,457. 33,053. -2,404. ORM 1116 (FOREIGN TAX CREDIT) 1,120. 4,420. 3,300. TAX AFTER NON-REFUNDABLE CREDITS 34,337. 28,633. -5,704. ORM 8960 (NET INVEST. INCOME TAX) 1,273. 1,653. 380. TOTAL TAX 35,610. 30,286. -5,324. STIMATED TAX PAYMENTS 56,761. 71,151. 14,390. ORM 4868 (EXTENSION REQUEST) 25,000. 0. -25,000. TOTAL PAYMENTS 81,761. 71,151. -10,610. AX OVERPAID 46,151. 40,865. -5,286. VERPAYMENT APPLIED TO ESTIMATE 46,151. 40,865. -5,286. EW YORK STATE RETURN AXABLE INCOME 144,154. 151,015. 6,861. AX 14,727. 15,433. 706. THER TAXES 114. 127. 13. PAYMENTS 32,349. 24,571. -7,778. EFUNDABLE CREDITS 63. 63. VERPAYMENT APPLIED TO ESTIMATED TAX 17,571. 9,074. -8,497. Social security number 2015 Filing Status SINGLE 2015 Tax Bracket 25.0% o26301 04-01-15 EFTA00026281 Marks Paneth LLP New York City 685 Third Avenue Washington. DC New York. NY 10017 New Jersey P 212.503.8800 Long Island F 212.370.3759 Westchester www.markspaneth.com GHISLAINE MAXWELL C/O MARKS PANETH LLP-685 3RD AV NEW YORK, NY MARKS PANETH ACCOUNTANTS A ADVISORS DEAR MS. MAXWELL: ENCLOSED ARE YOUR 2015 INCOME TAX RETURNS, AS FOLLOWS... 2015 U.S. INDIVIDUAL INCOME TAX RETURN 2015 NEW YORK INDIVIDUAL INCOME TAX RETURN IN ORDER FOR US TO ELECTRONICALLY FILE THE ABOVE RETURNS WE MUST HAVE WRITTEN AUTHORIZATION FROM YOU. WE ARE ENCLOSING A U.S. FORM 8879 AND NEW YORK TR-579-IT, WHICH YOU MUST SIGN TO AUTHORIZE THE E-FILING OF YOUR TAX RETURNS. EACH AUTHORIZATION FORM SHOULD BE SIGNED AND RETURNED TO OUR OFFICE AS SOON AS POSSIBLE BY POSTAL SERVICE, E-MAIL, OR FAX. THE STATUS OF YOUR 2016 INDIVIDUAL ESTIMATED TAXES FOR THE FOURTH QUARTER WILL BE DETERMINED AT A LATER DATE. YOUR COPY SHOULD BE RETAINED FOR YOUR FILES. VERY TRULY YOURS, ALAN BLECHER MARKS PANETH LLP Morison International EFTA00026282 2015 TAX RETURN FILING INSTRUCTIONS U.S. INDIVIDUAL INCOME TAX RETURN FOR THE YEAR ENDING DECEMBER 31, 2015 Prepared for GHISLAINE MAXWELL C/O MARKS PANETH LLP-685 3RD AV NEW YORK, NY Prepared by MARKS PANETH LLP 685 THIRD AVENUE NEW YORK, NY Amount of tax Total tax Less: payments and credits S Plus: interest and penalties S OVERPAYMENT $ 71 30 286aml1/4 iu 40,868` Overpayment Miscellaneous Donations $ -141/4 0 Credited to your estimated tax 40,865 Refunded to you \ 0 Make check payable to NOT APPLICABLE I Mail tax return and check (if applicable) to THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING AND THE PRACTITIONER PIN PROGRAM HAS BEEN ELECTED. PLEASE SIGN AND RETURN FORM 8879 TO OUR OFFICE. WE WILL THEN TRANSMIT YOUR RETURN ELECTRONICALLY TO THE IRS. Return must be mailed on or before RETURN FEDERAL FORM 8879 TO US BY OCTOBER 17, 2016. Special Instructions 52“181 04 A01 15 EFTA00026283 Tentative Credit for Prior Year Minimum Tax Name(s) GHISLAINE MAXWELL Social security number Part I Net Minimum Tax on Exclusion Items 1 Combine lines 1, 6 and 10 of your 2015 Form 6251 2 Enter adjustments and preferences treated as exclusion items 3 Minimum tax credit net operating loss deduction 4 Combine lines 1, 2, and 3. If more than zero OR you filed Form 2555 for 2015, go to line 5. If zero or less AND you did not file Form 2555 for 2015, enter 0 here and on line 15 and go to Part II. 5 Enter $83,400 if married filing jointly or qualifying widow(er) for 2015; $53,600 if single or head of household for 2015; or $41,700 if married filing separately for 2015 6 Enter $158,900 if married filing jointly or qualifying widow(er) for 2015; $119,200 if single or head of household for 2015; or $79,450 if married filing separately for 2015 7 Subtract lite 6 from line 4. If zero or less, enter .0• here and on line 8 and go to line 9 8 Multiply line 7 by 25% (.25) 9 Subtract lite 8 from line 5. If zero or less, enter 0• 1 2 3 77,771. 160,355. 4 238,126. 5 53,600. 6 7 8 9 119,200. 118,926. 29,732. 23,868. 10 Subtract lite 9 from line 4. If zero or less, enter O here and on line 15 and go to Part II 214,258. 11 • If you filed Form 2555 for 2015. enter the amount from line 6 of the Foreign Earned Income Tax Worksheet. • If for 2015 you reported capital gain distributions directly on Form 1040. line 13: you reported qualified dividends on Form 1040, line 9b; or had a gain on both lines 15 and 16 of Schedule D (Form 1040), complete Part III and enter the amount from line 55 here. • All others: If line 10 is $185,400 or less ($92,700 or less if mauled filing separately for 2015). multiply line 10 by 26% (26). Otherwise, multiply line 10 by 28% (.28) and subtract $3,708 ($1.854 if married filing separately for 2015) from the result 11 36,939. 12 Minimum tax foreign tax credit on exclusion items 12 8,309. 13 Tentative minimum tax on exclusion items. Subtract line 12 from line 11 13 28,630. 14 Enter the amount from your 2015 Fonn 6251, line 34 14 1,028. 15 Net minimum tax on exclusion items. Subtract line 14 from line 13. If zero or less, enter A• 10 15 27,602. Part II Tentative Minimum Tax Credit 16 Enter the amount from your 2015 Form 6251. line 35 17 Enter the amount from line 15 above 18 Subtract line 17 from line 16. If less than zero, enter as a negative amount 19 2015 minimum tax credit cartyfonvard. Enter the amount from your 2015 Form 8801, line 28 20 Enter the 2015 unallowed qualified electric vehicle credit 21 Tentative minimum tax credit for 2018. Combine lines 18, 19, and 20 Lines 22 through 26 do not apply. 16 17 18 19 20 21 27,605. 2