1120 U.S. Corporation Income Tax Return OMB No.

1545-0123

2017
Form For calendar year 2017 or tax year beginning , 2017, ending , 20
Department of the Treasury
Internal Revenue Service ▶ Go to [Link]/Form1120 for instructions and the latest information.
A Check if: Name B Employer identification number
1a Consolidated return
(attach Form 851) .
TYPE
b Life/nonlife consoli- Number, street, and room or suite no. If a P.O. box, see instructions. C Date incorporated
dated return . . . OR
2 Personal holding co. PRINT
(attach Sch. PH) . . City or town, state, or province, country, and ZIP or foreign postal code D Total assets (see instructions)
3 Personal service corp.
(see instructions) . . $
4 Schedule M-3 attached E Check if: (1) Initial return (2) Final return (3) Name change (4) Address change
1a Gross receipts or sales . . . . . . . . . . . . . . . . 1a
b Returns and allowances . . . . . . . . . . . . . . . . 1b
c Balance. Subtract line 1b from line 1a . . . . . . . . . . . . . . . . . . . . 1c
2 Cost of goods sold (attach Form 1125-A) . . . . . . . . . . . . . . . . . . . . 2
3 Gross profit. Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . 3
4 Dividends (Schedule C, line 19) . . . . . . . . . . . . . . . . . . . . . . 4
Income

5 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Capital gain net income (attach Schedule D (Form 1120)) . . . . . . . . . . . . . . . 8
9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) . . . . . . . . . . . 9
10 Other income (see instructions—attach statement) . . . . . . . . . . . . . . . . . 10
11 Total income. Add lines 3 through 10 . . . . . . . . . . . . . . . . . . . ▶ 11
12 Compensation of officers (see instructions—attach Form 1125-E) . . . . . . . . . . . ▶ 12
Deductions (See instructions for limitations on deductions.)

13 Salaries and wages (less employment credits) . . . . . . . . . . . . . . . . . . 13

14 Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Taxes and licenses . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Charitable contributions . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) . . 20
21 Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
23 Pension, profit-sharing, etc., plans . . . . . . . . . . . . . . . . . . . . . 23
24 Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . 24
25 Domestic production activities deduction (attach Form 8903) . . . . . . . . . . . . . . 25
26 Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . . 26
27 Total deductions. Add lines 12 through 26 . . . . . . . . . . . . . . . . . . ▶ 27
28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. 28
29a Net operating loss deduction (see instructions) . . . . . . . . . 29a
b Special deductions (Schedule C, line 20) . . . . . . . . . . . 29b
c Add lines 29a and 29b . . . . . . . . . . . . . . . . . . . . . . . . . 29c
Tax, Refundable Credits, and

30 Taxable income. Subtract line 29c from line 28. See instructions . . . . . . . . . . . . 30
31 Total tax (Schedule J, Part I, line 11) . . . . . . . . . . . . . . . . . . . . . 31
32 Total payments and refundable credits (Schedule J, Part II, line 21) . . . . . . . . . . . . 32
Payments

33 Estimated tax penalty. See instructions. Check if Form 2220 is attached . . . . . . . . ▶ 33

34 Amount owed. If line 32 is smaller than the total of lines 31 and 33, enter amount owed . . . . . 34
35 Overpayment. If line 32 is larger than the total of lines 31 and 33, enter amount overpaid . . . . . 35
36 Enter amount from line 35 you want: Credited to 2018 estimated tax ▶ Refunded ▶ 36
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct,
Sign and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
Here with the preparer shown below?
▲

See instructions. Yes No

Signature of officer Date Title
Print/Type preparer’s name Preparer’s signature Date PTIN
Paid Check if
self-employed
Preparer
Firm’s name Firm’s EIN
Use Only
▶ ▶

Firm’s address ▶ Phone no.

For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11450Q Form 1120 (2017)
Form 1120 (2017) Page 2
Schedule C Dividends and Special Deductions (see instructions) (a) Dividends
(b) %
(c) Special deductions
received (a) × (b)

1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed

stock) . . . . . . . . . . . . . . . . . . . . . . . . 70
2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed
stock) . . . . . . . . . . . . . . . . . . . . . . . . 80
see
instructions
3 Dividends on debt-financed stock of domestic and foreign corporations . . . . .

4 Dividends on certain preferred stock of less-than-20%-owned public utilities . . . 42

5 Dividends on certain preferred stock of 20%-or-more-owned public utilities . . . . 48

6 Dividends from less-than-20%-owned foreign corporations and certain FSCs . . . 70

7 Dividends from 20%-or-more-owned foreign corporations and certain FSCs . . . 80

8 Dividends from wholly owned foreign subsidiaries . . . . . . . . . . . 100

9 Total. Add lines 1 through 8. See instructions for limitation . . . . . . . .

10 Dividends from domestic corporations received by a small business investment
company operating under the Small Business Investment Act of 1958 . . . . . 100

11 Dividends from affiliated group members . . . . . . . . . . . . . . 100

12 Dividends from certain FSCs . . . . . . . . . . . . . . . . . 100

13 Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, or 12 . . .

14 Income from controlled foreign corporations under subpart F (attach Form(s) 5471) .

15 Foreign dividend gross-up . . . . . . . . . . . . . . . . . .

16 IC-DISC and former DISC dividends not included on line 1, 2, or 3 . . . . . .

17 Other dividends . . . . . . . . . . . . . . . . . . . . .

18 Deduction for dividends paid on certain preferred stock of public utilities . . . .

19 Total dividends. Add lines 1 through 17. Enter here and on page 1, line 4 . . . ▶

20 Total special deductions. Add lines 9, 10, 11, 12, and 18. Enter here and on page 1, line 29b . . . . . . . ▶

Form 1120 (2017)

Form 1120 (2017) Page 3
Schedule J Tax Computation and Payment (see instructions)
Part I–Tax Computation
1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)). See instructions ▶
2 Income tax. Check if a qualified personal service corporation. See instructions . . . . . . . . ▶ 2
3 Alternative minimum tax (attach Form 4626) . . . . . . . . . . . . . . . . . . . . 3
4 Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5a Foreign tax credit (attach Form 1118) . . . . . . . . . . . . . 5a
b Credit from Form 8834 (see instructions) . . . . . . . . . . . . 5b
c General business credit (attach Form 3800) . . . . . . . . . . . 5c
d Credit for prior year minimum tax (attach Form 8827) . . . . . . . . 5d
e Bond credits from Form 8912 . . . . . . . . . . . . . . . 5e
6 Total credits. Add lines 5a through 5e . . . . . . . . . . . . . . . . . . . . . 6
7 Subtract line 6 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Personal holding company tax (attach Schedule PH (Form 1120)) . . . . . . . . . . . . . . 8
9a Recapture of investment credit (attach Form 4255) . . . . . . . . . 9a
b Recapture of low-income housing credit (attach Form 8611) . . . . . . 9b
c Interest due under the look-back method—completed long-term contracts (attach
Form 8697) . . . . . . . . . . . . . . . . . . . . . 9c
d Interest due under the look-back method—income forecast method (attach Form
8866) . . . . . . . . . . . . . . . . . . . . . . 9d
e Alternative tax on qualifying shipping activities (attach Form 8902) . . . . 9e
f Other (see instructions—attach statement) . . . . . . . . . . . 9f
10 Total. Add lines 9a through 9f . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 . . . . . . . . . . . . . 11
Part II–Payments and Refundable Credits
12 2016 overpayment credited to 2017 . . . . . . . . . . . . . . . . . . . . . . 12
13 2017 estimated tax payments . . . . . . . . . . . . . . . . . . . . . . . . 13
14 2017 refund applied for on Form 4466 . . . . . . . . . . . . . . . . . . . . . . 14 ( )
15 Combine lines 12, 13, and 14 . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Tax deposited with Form 7004 . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Withholding (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Total payments. Add lines 15, 16, and 17 . . . . . . . . . . . . . . . . . . . . 18
19 Refundable credits from:
a Form 2439 . . . . . . . . . . . . . . . . . . . . . 19a
b Form 4136 . . . . . . . . . . . . . . . . . . . . . 19b
c Form 8827, line 8c . . . . . . . . . . . . . . . . . . 19c
d Other (attach statement—see instructions). . . . . . . . . . . . 19d
20 Total credits. Add lines 19a through 19d . . . . . . . . . . . . . . . . . . . . . 20
21 Total payments and credits. Add lines 18 and 20. Enter here and on page 1, line 32 . . . . . . . . 21
Schedule K Other Information (see instructions)
1 Check accounting method: a Cash b Accrual c Other (specify) ▶ Yes No
2 See the instructions and enter the:
a Business activity code no. ▶
b Business activity ▶
c Product or service ▶
3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? . . . . . . . . . .
If “Yes,” enter name and EIN of the parent corporation ▶

4 At the end of the tax year:

a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt
organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the
corporation’s stock entitled to vote? If “Yes,” complete Part I of Schedule G (Form 1120) (attach Schedule G) . . . . . .
b Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all
classes of the corporation’s stock entitled to vote? If “Yes,” complete Part II of Schedule G (Form 1120) (attach Schedule G) .
Form 1120 (2017)
Form 1120 (2017) Page 4
Schedule K Other Information (continued from page 3)
Yes No
5 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 voting power of all classes of stock entitled to vote of
any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive ownership, see instructions.
If “Yes,” complete (i) through (iv) below.
(ii) Employer (iii) Country of (iv) Percentage
(i) Name of Corporation Identification Number Owned in Voting
(if any) Incorporation Stock

b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more 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 (iv) below.
(ii) Employer (iii) Country of (iv) Maximum
(i) Name of Entity Identification Number Percentage Owned in
(if any) Organization Profit, Loss, or Capital

6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in
excess of the corporation’s current and accumulated earnings and profits? See sections 301 and 316 . . . . . . . .
If “Yes,” file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452.
If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.
7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all
classes of the corporation’s stock entitled to vote or at least 25% of the total value of all classes of the corporation’s stock? .
For rules of attribution, see section 318. If “Yes,” enter:
(a) Percentage owned ▶ and (b) Owner’s country ▶
(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached ▶
8 Check this box if the corporation issued publicly offered debt instruments with original issue discount . . . . . . ▶
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
9 Enter the amount of tax-exempt interest received or accrued during the tax year ▶ $
10 Enter the number of shareholders at the end of the tax year (if 100 or fewer) ▶
11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here . . . . . ▶

If the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached
or the election will not be valid.
12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on page
1, line 29a.) . . . . . . . . . . . . . . . . . . . . . . . . . . ▶ $
13 Are the corporation’s total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end of the
tax year less than $250,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash distributions
and the book value of property distributions (other than cash) made during the tax year ▶ $
14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions . . . .
If “Yes,” complete and attach Schedule UTP.
15a Did the corporation make any payments in 2017 that would require it to file Form(s) 1099? . . . . . . . . . . .
b If “Yes,” did or will the corporation file required Forms 1099? . . . . . . . . . . . . . . . . . . . .
16 During this tax year, did the corporation have an 80% or more change in ownership, including a change due to redemption of its own stock?
17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value)
of its assets in a taxable, non-taxable, or tax deferred transaction? . . . . . . . . . . . . . . . . . .
18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair
market value of more than $1 million? . . . . . . . . . . . . . . . . . . . . . . . . . . .
19 During the corporation’s tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S
under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? . . . . . . . .
Form 1120 (2017)
Form 1120 (2017) Page 5
Schedule L Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Cash . . . . . . . . . . . .
2a Trade notes and accounts receivable . . .
b Less allowance for bad debts . . . . . ( ) ( )
3 Inventories . . . . . . . . . . .
4 U.S. government obligations . . . . .
5 Tax-exempt securities (see instructions) . .
6 Other current assets (attach statement) . .
7 Loans to shareholders . . . . . . .
8 Mortgage and real estate loans . . . . .
9 Other investments (attach statement) . . .
10a Buildings and other depreciable assets . .
b Less accumulated depreciation . . . . . ( ) ( )
11a Depletable assets . . . . . . . . .
b Less accumulated depletion . . . . . . ( ) ( )
12 Land (net of any amortization) . . . . .
13a Intangible assets (amortizable only) . . .
b Less accumulated amortization . . . . . ( ) ( )
14 Other assets (attach statement) . . . . .
15 Total assets . . . . . . . . . .
Liabilities and Shareholders’ Equity
16 Accounts payable . . . . . . . . .
17 Mortgages, notes, bonds payable in less than 1 year
18 Other current liabilities (attach statement) . .
19 Loans from shareholders . . . . . . .
20 Mortgages, notes, bonds payable in 1 year or more
21 Other liabilities (attach statement) . . . .
22 Capital stock: a Preferred stock . . . .
b Common stock . . . .
23 Additional paid-in capital . . . . . . .
24 Retained earnings—Appropriated (attach statement)
25 Retained earnings—Unappropriated . . .
26 Adjustments to shareholders’ equity (attach statement)
27 Less cost of treasury stock . . . . . . ( ) ( )
28 Total liabilities and shareholders’ equity . .
Schedule M-1 Reconciliation of Income (Loss) per Books With Income per Return
Note: The corporation may be required to file Schedule M-3. See instructions.
1 Net income (loss) per books . . . . . . 7 Income recorded on books this year
2 Federal income tax per books . . . . . not included on this return (itemize):
3 Excess of capital losses over capital gains . Tax-exempt interest $
4 Income subject to tax not recorded on books
this year (itemize):
8 Deductions on this return not charged
5 Expenses recorded on books this year not against book income this year (itemize):
deducted on this return (itemize): a Depreciation . . $
a Depreciation . . . . $ b Charitable contributions $
b Charitable contributions . $
c Travel and entertainment . $
9 Add lines 7 and 8 . . . . . .
6 Add lines 1 through 5 . . . . . . . . 10 Income (page 1, line 28)—line 6 less line 9
Schedule M-2 Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L)
1 Balance at beginning of year . . . . . 5 Distributions: a Cash . . . .
2 Net income (loss) per books . . . . . . b Stock . . . .
3 Other increases (itemize): c Property . . .
6 Other decreases (itemize):
7 Add lines 5 and 6 . . . . . .
4 Add lines 1, 2, and 3 . . . . . . . . 8 Balance at end of year (line 4 less line 7)
Form 1120 (2017)
SCHEDULE G Information on Certain Persons Owning the
(Form 1120) Corporation’s Voting Stock OMB No. 1545-0123
(Rev. December 2011)
▶ Attach
to Form 1120.
Department of the Treasury
Internal Revenue Service ▶ See instructions on page 2.
Name Employer identification number (EIN)

Part I Certain Entities Owning the Corporation’s Voting Stock. (Form 1120, Schedule K, Question 4a). Complete
columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated
as a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly or
indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote (see
instructions).
(ii) Employer Identification
(i) Name of Entity (iii) Type of Entity (iv) Country of Organization (v) Percentage Owned in Voting Stock
Number (if any)

Part II Certain Individuals and Estates Owning the Corporation’s Voting Stock. (Form 1120, Schedule K,
Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% or
more, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation’s
stock entitled to vote (see instructions).
(ii) Identifying Number (iii) Country of (iv) Percentage Owned
(i) Name of Individual or Estate Citizenship (see
(if any) instructions) in Voting Stock

For Paperwork Reduction Act Notice, Cat. No. 52684S Schedule G (Form 1120) (Rev. 12-2011)
see the Instructions for Form 1120.
Schedule G (Form 1120) (Rev. 12-2011) Page 2

General Instructions Example 1. Corporation A owns,

directly, a 50% interest in the profit, loss,
Specific Instructions
or capital of Partnership B. Corporation A
Purpose of Form also owns, directly, a 15% interest in the Part I
Use Schedule G (Form 1120) to provide profit, loss, or capital of Partnership C and Complete Part I if the corporation
information applicable to certain entities, owns, directly, 15% of the voting stock of answered “Yes” to Form 1120, Schedule K,
individuals, and estates that own, directly, Corporation D. Partnership B owns, Question 4a. List each foreign or domestic
20% or more, or own, directly or indirectly, directly, a 70% interest in the profit, loss, corporation, partnership, trust, or tax-
50% or more of the total voting power of all or capital of Partnership C and owns, exempt organization that owns, at the end
classes of the corporation’s stock entitled directly, 70% of the voting stock of of the tax year, directly 20% or more, or
to vote. Corporation D. Corporation A owns, owns, directly or indirectly, 50% or more of
indirectly, through Partnership B, a 35% the total voting power of all classes of the
Who Must File interest (50% of 70%) in the profit, loss, or corporation’s stock entitled to vote.
capital of Partnership C and owns, Indicate the name of the entity, employer
Every corporation that answers “Yes” to indirectly, 35% of the voting stock of identification number (if any), type of entity
Form 1120, Schedule K, Questions 4a or Corporation D. Corporation A owns, (corporation, partnership, trust, or tax-
4b, must file Schedule G to provide the directly or indirectly, a 50% interest in the exempt organization), country of
additional information requested for certain profit, loss, or capital of Partnership C organization, and the percentage owned,
entities, individuals, and estates owning the (15% directly and 35% indirectly), and directly or indirectly, of the voting stock of
corporation’s voting stock. owns, directly or indirectly, 50% of the the corporation.
voting stock of Corporation D (15% directly
Constructive Ownership of and 35% indirectly). For an affiliated group filing a
the Corporation Corporation D reports in Part I that its
consolidated tax return, list the parent
corporation rather than the subsidiary
For purposes of Schedule G (Form 1120), voting stock is owned, directly or indirectly, members. List the entity owner of a
the constructive ownership rules of section 50% by Corporation A and is owned, disregarded entity rather than the
267(c) (excluding section 267(c)(3)) apply to directly, 70% by Partnership B. disregarded entity. If the owner of a
ownership of interests in corporate stock Example 2. A owns, directly, 50% of the disregarded entity is an individual rather
and ownership of interests in the profit, voting stock of Corporation X. B, the than an entity, list the individual in Part II.
loss, or capital of a partnership. An interest daughter of A, does not own, directly, any
in the corporation owned directly or interest in Corporation X and does not Part II
indirectly by or for another entity own, indirectly, any interest in Corporation
(corporation, partnership, estate, or trust) is Complete Part II if the corporation
X through any entity (corporation, answered “Yes” to Form 1120, Schedule K,
considered to be owned proportionately by partnership, trust, or estate). Therefore, the
the owners (shareholders, partners, or Question 4b. List each individual or estate
family attribution rules do not apply and, that owns, at the end of the tax year,
beneficiaries) of the owning entity. Also, for the purposes of Part II, the 50% interest
under section 267(c), an individual is directly 20% or more, or owns, directly or
of A in Corporation X is not attributed to B. indirectly, 50% or more, of the total voting
considered to own an interest owned
directly or indirectly by or for his or her Example 3. A owns, directly, 50% of the power of all classes of the corporation’s
family. The family of an individual includes voting stock of Corporation X. B, the stock entitled to vote. Indicate the name of
only that individual’s spouse, brothers, daughter of A, does not own, directly, any the individual or estate, taxpayer
sisters, ancestors, and lineal descendants. interest in X but does own, indirectly, 10% identification number (if any), country of
of the voting stock of Corporation X citizenship (for an estate, the citizenship of
An interest will be attributed from an through Trust T of which she is the sole the decedent), and the percentage owned,
individual under the family attribution rules beneficiary. No other family member of A or directly or indirectly, of the voting stock of
only if the person to whom the interest is B owns, directly, any interest in the corporation.
attributed owns a direct or an indirect Corporation X nor does any own, indirectly,
interest in the corporation under section any interest in Corporation X through any
267(c)(1) or (5). However, for purposes of entity. Neither A nor B owns any other
these instructions, an individual will not be interest in Corporation X through any entity.
considered to own, under section 267(c)(2),
an interest in the corporation owned, For the purposes of Part II, the 50%
directly or indirectly, by a family member interest of A in the voting stock of
unless the individual also owns an interest Corporation X is attributed to B and the
in the corporation either directly or 10% interest of B in the voting stock of
indirectly through a corporation, Corporation X is attributed to A. A owns,
partnership or trust. directly or indirectly, 60% of the voting
stock of Corporation X, 50% directly and
10% indirectly through B. B owns, directly
or indirectly, 60% of the voting stock of
Corporation X (50% indirectly through A
and 10% indirectly through Trust T).
SCHEDULE UTP OMB No. 1545-0123
(Form 1120)
Uncertain Tax Position Statement
Department of the Treasury ▶
▶ File with Form 1120, 1120-F, 1120-L, or 1120-PC.
Go to [Link]/ScheduleUTP for instructions and the latest information.
2017
Internal Revenue Service
Name of entity as shown on page 1 of tax return EIN of entity

This Part I, Schedule UTP (Form 1120) is page of Part I pages.

Part I Uncertain Tax Positions for the Current Tax Year. See instructions for how to complete columns (a) through (g).
Enter, in Part III, a description for each uncertain tax position (UTP).
Check this box if the corporation was unable to obtain information from related parties sufficient to determine whether a
tax position is a UTP. See instructions. ▶
(b) (c)
Primary IRC Sections Timing Codes (f)
(for example, “61”,“108”, “263A”) (d) (e) (g)
(a) (check if Ranking of
Pass-Through Major Tax Reserved for
UTP No. Permanent, Tax
Primary IRC Subsections Entity EIN Position Future Use
Temporary, or Position
(for example, (f)(2)(A)(ii)) both)

P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
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P T -
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P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
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P T -
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P T -
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P T -
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P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
C ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
C ( ) ( ) ( )( ) ( ) ( ) ( )( ) ( ) ( ) ( )( )
For Paperwork Reduction Act Notice, see the Instructions for Form 1120. Cat. No. 54658Q Schedule UTP (Form 1120) 2017
Schedule UTP (Form 1120) 2017 Page 2
Name of entity as shown on page 1 of tax return EIN of entity

This Part II, Schedule UTP (Form 1120) is page of Part II pages.
Part II Uncertain Tax Positions for Prior Tax Years.
See instructions for how to complete columns (a) through (h). Enter, in Part III, a description for each uncertain tax
position (UTP).
Check this box if the corporation was unable to obtain information from related parties sufficient to determine whether a
tax position is a UTP. See instructions. ▶
(b) (c)
Primary IRC Sections Timing
(e) (f) (g)
(for example, "61", "108", "263A") Codes (d) (h)
(a) Major Ranking Reserved
(check if Pass-Through Year of Tax
UTP No. Tax of Tax for Future
Primary IRC Subsections Permanent, Entity EIN Position
Position Position Use
(for example, (f)(2)(A)(ii)) Temporary,
or both)

P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
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P T -
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P T -
P ( )( )( )( )( )( )( )( )( )( )( )( )

P T -
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P T -
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P T -
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P T -
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P T -
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P T -
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P T -
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P ( )( )( )( )( )( )( )( )( )( )( )( )

P T
P ( )( )( )( )( )( )( )( )( )( )( )( ) -
Schedule UTP (Form 1120) 2017
Schedule UTP (Form 1120) 2017 Page 3
Name of entity as shown on page 1 of tax return EIN of entity

This Part III, Schedule UTP (Form 1120) is page of Part III pages.
Part III Concise Descriptions of UTPs. Indicate the corresponding UTP number from Part I, column (a) (for example, C1) or
Part II, column (a) (for example, P2). Use as many Part III pages as necessary. See instructions.
UTP
Concise Description of Uncertain Tax Position
No.

Schedule UTP (Form 1120) 2017

Form 1125-A Cost of Goods Sold
(Rev. October 2016) OMB No. 1545-0123
Department of the Treasury
Attach to Form 1120, 1120-C, 1120-F, 1120S, 1065, or 1065-B.
▶
▶ Information about Form 1125-A and its instructions is at [Link]/form1125a.
Internal Revenue Service
Name Employer identification number

1 Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . 1

2 Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Additional section 263A costs (attach schedule) . . . . . . . . . . . . . . . . 4
5 Other costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . 5
6 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . 6
7 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . 7
8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the
appropriate line of your tax return. See instructions . . . . . . . . . . . . . . . 8
9a Check all methods used for valuing closing inventory:
(i) Cost
(ii) Lower of cost or market
(iii) Other (Specify method used and attach explanation.) ▶
b Check if there was a writedown of subnormal goods . . . . . . . . . . . . . . . . . . . . . . ▶

c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) . . . . . . ▶

d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed
under LIFO . . . . . . . . . . . . . . . . . . . . . . . . . . . 9d
e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions . . Yes No
f Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If “Yes,”
attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Section references are to the Internal Under this accounting method, inventory ending on or after December 31, 2000, has
Revenue Code unless otherwise noted. costs for raw materials purchased for use average annual gross receipts of $10
in producing finished goods and million or less for the 3 prior tax years, (b)
General Instructions merchandise purchased for resale are whose principal business activity is not an
deductible in the year the finished goods or ineligible activity, and (c) whose business is
Purpose of Form merchandise are sold (but not before the not a tax shelter (as defined in section 448
Use Form 1125-A to calculate and deduct year you paid for the raw materials or (d)(3)). See Rev. Proc. 2002-28, 2002-18
cost of goods sold for certain entities. merchandise, if you are also using the cash I.R.B. 815.
method). Uniform capitalization rules. The uniform
Who Must File
If you account for inventoriable items in capitalization rules of section 263A
Filers of Form 1120, 1120-C, 1120-F,
the same manner as materials and supplies generally require you to capitalize, or
1120S, 1065, or 1065-B, must complete
that are not incidental, you can currently include in inventory, certain costs incurred
and attach Form 1125-A if the applicable
deduct expenditures for direct labor and all in connection with the following.
entity reports a deduction for cost of goods
indirect costs that would otherwise be • The production of real property and
sold.
included in inventory costs. See the tangible personal property held in inventory
Inventories instructions for lines 2 and 7. or held for sale in the ordinary course of
Generally, inventories are required at the For additional guidance on this method business.
beginning and end of each tax year if the of accounting, see Pub. 538, Accounting • Real property or personal property
production, purchase, or sale of Periods and Methods. For guidance on (tangible and intangible) acquired for resale.
merchandise is an income-producing adopting or changing to this method of
• The production of real property and
factor. See Regulations section 1.471-1. If accounting, see Form 3115, Application for
tangible personal property by a corporation
inventories are required, you generally Change in Accounting Method, and its
for use in its trade or business or in an
must use an accrual method of accounting instructions.
activity engaged in for profit.
for sales and purchases of inventory items. Qualifying taxpayer. A qualifying
See the discussion on section 263A
Exception for certain taxpayers. If you taxpayer is a taxpayer that, (a) for each
uniform capitalization rules in the
are a qualifying taxpayer or a qualifying prior tax year ending after December 16,
instructions for your tax return before
small business taxpayer (defined below), 1998, has average annual gross receipts of
completing Form 1125-A. Also see
you can adopt or change your accounting $1 million or less for the 3 prior tax years,
Regulations sections 1.263A-1 through
method to account for inventoriable items and (b) its business is not a tax shelter (as
1.263A-3. See Regulations section
in the same manner as materials and defined in section 448(d)(3)). See Rev.
1.263A-4 for rules for property produced in
supplies that are not incidental. Proc. 2001-10, 2001-2 I.R.B. 272.
a farming business.
Qualifying small business taxpayer. A
qualifying small business taxpayer is a
taxpayer that, (a) for each prior tax year

For Paperwork Reduction Act Notice, see instructions. Cat. No. 55988R Form 1125-A (Rev. 10-2016)
Form 1125-A (Rev. 10-2016) Page 2

Specific Instructions Per-unit retain allocations. A cooperative Filers that use erroneous valuation
is allowed to deduct from its taxable methods must change to a method
Line 1. Inventory at Beginning of income amounts paid during the payment permitted for federal income tax purposes.
Year period for the tax year as per-unit retain Use Form 3115 to make this change.
If you are changing your method of allocations to the extent paid in money, For more information on inventory
accounting for the current tax year, you qualified per-unit retain certificates, or valuation methods, see Pub. 538. For more
must refigure last year's closing inventory other property with respect to marketing information on changes in the method of
using the new method of accounting. Enter occurring during the tax year. A per-unit accounting for inventory, see Form 3115
the result on line 1. If there is a difference retain allocation is any allocation from a and the Instructions for Form 3115.
between last year's closing inventory and cooperative to a patron for products
Line 9a. Method of valuing closing
the refigured amount, attach an marketed for him without reference to the
inventory. On line 9a, check the method(s)
explanation and take it into account when cooperative net earnings. A qualified per-
used for valuing inventories. Under lower of
figuring any section 481(a) adjustment. unit retain certificate is any per-unit retain
cost or market, the term “market” (for
certificate that the distributee has agreed
normal goods) means the current bid price
Line 2. Purchases to take into account at its stated dollar
prevailing on the inventory valuation date
If you account for inventoriable items in the amount.
for the particular merchandise in the
same manner as materials and supplies Nonqualified per-unit retain certificates volume usually purchased by the filer. For a
that are not incidental, enter amounts paid redeemed this year. Include the amount manufacturer, market applies to the basic
for all raw materials and merchandise paid in money or other property (except elements of cost—raw materials, labor, and
during the tax year on line 2. The amount amounts already included as per-unit retain burden. If section 263A applies, the basic
you can deduct for the tax year is figured certificates) to patrons to redeem elements of cost must reflect the current
on line 8. nonqualified per-unit retain certificates. No bid price of all direct costs and all indirect
Reduce purchases by items withdrawn deduction is allowed at the time of costs properly allocable to goods on hand
for personal use. For a partnership, the issuance for a nonqualified per-unit retain at the inventory date.
cost of these items should be shown on certificate. However, the cooperative may
Inventory may be valued below cost
Schedule K and Schedule K-1 as take a deduction in the year the certificate
when the merchandise is unsalable at
distributions to partners. is redeemed, subject to the stated dollar
normal prices or unusable in the normal
amount of the certificate. See section 1383.
Line 4. Additional Section 263A way because the goods are subnormal due
Also see the instructions for line 29h of
to damage, imperfections, shopwear,
Costs Form 1120-C, U.S. Income Tax Return for
change of style, odd or broken lots, or
If you elected a simplified method of Cooperative Associations, for a special rule
other similar causes, including second-
accounting, enter on line 4 the balance of for figuring the cooperative's tax in the year
hand goods taken in exchange. The goods
section 263A costs paid or incurred during of redemption of a nonqualified per-unit
may be valued at the bona fide selling
the tax year not includible on lines 2, 3, and retain certificate.
price, minus the direct cost of disposition
5. Line 7. Inventory at End of Year (but not less than scrap value). Bona fide
If you elected the simplified production See Regulations sections 1.263A-1 through selling price means actual offering of
method, additional section 263A costs are 1.263A-3 for details on figuring the amount goods during a period ending not later than
generally those costs, other than interest, of additional section 263A costs to be 30 days after inventory date.
that were not capitalized under your included in ending inventory. If you account Lines 9c and 9d. LIFO method. If this is
method of accounting immediately prior to for inventoriable items in the same manner the first year the Last-in, First-out (LIFO)
the effective date of section 263A, but are as materials and supplies that are not inventory method was either adopted or
now required to be capitalized under incidental, enter on line 7 the portion of extended to inventory goods not previously
section 263A. For details, see Regulations your raw materials and merchandise valued under the LIFO method provided in
section 1.263A-2(b). purchased for resale that was included in section 472, attach Form 970, Application
If you elected the simplified resale the total on line 6 but was not sold during To Use LIFO Inventory Method, or a
method, additional section 263A costs are the year. statement with the information required by
generally those costs incurred with respect Form 970. Check the LIFO box on line 9c.
to the following categories. Line 8. Cost of Goods Sold On line 9d, enter the amount of total
• Off-site storage or warehousing. Enter the amount from line 8 on your tax closing inventories computed under
return as follows. Filers of Form 1120, section 472. Estimates are acceptable.
• Purchasing. 1120-C, 1120S, 1065, and 1065-B, enter If you changed or extended your
• Handling, such as processing, cost of goods sold on page 1, line 2. Filers inventory method to LIFO and had to write
assembling, repackaging, and transporting. of Form 1120-F, enter cost of goods sold up the opening inventory to cost in the year
• General and administrative costs (mixed on Section II, line 2. of election, report the effect of the write-up
service costs). Lines 9a Through 9f. Inventory as other income, on your applicable return,
proportionately over a 3-year period that
Line 5. Other Costs Valuation Methods begins with the year of the LIFO election.
Enter on line 5 any costs paid or incurred Inventories can be valued at:
during the tax year not entered on lines 2 • Cost,
through 4. Attach a statement listing details
of the costs. • Cost or market value (whichever is lower),
or
Special Rules for Cooperatives • Any other method approved by the IRS
Cooperatives are allowed to deduct certain that conforms to the requirements of the
per-unit retain allocations. Include these applicable regulations cited below.
costs on line 5. Attach a statement listing However, if you are using the cash
details of per-unit retain allocations paid in: method of accounting, you are required to
• Qualified per-unit retain certificates, use cost.
• Money or other property (except
nonqualified per-unit certificates), and
• Nonqualified per-unit retain certificates
redeemed this year.
Form 1125-A (Rev. 10-2016) Page 3
Note: Entities using the LIFO method that information. We need it to ensure that you The time needed to complete and file
make an S corporation election or transfer are complying with these laws and to allow this form will vary depending on individual
LIFO inventory to an S corporation in a us to figure and collect the right amount of circumstances. The estimated burden for
nonrecognition transaction may be subject tax. business taxpayers filing this form is
to an additional tax attributable to the LIFO You are not required to provide the approved under OMB control number
recapture amount. See the instructions for information requested on a form that is 1545-0123 and is included in the estimates
Form 1120, Schedule J, line 11. subject to the Paperwork Reduction Act shown in the instructions for their business
Line 9e. If property is produced or unless the form displays a valid OMB income tax return.
acquired for resale and the rules of section control number. Books or records relating If you have comments concerning the
263A apply to the corporation, cooperative, to a form or its instructions must be accuracy of these time estimates or
partnership, or other applicable entity, retained as long as their contents may suggestions for making this form simpler,
check the “Yes” box on line 9e. become material in the administration of we would be happy to hear from you. See
any Internal Revenue law. Generally, tax the instructions for the tax return with
Paperwork Reduction Act Notice. We returns and return information are which this form is filed.
ask for the information on this form to carry confidential, as required by section 6103.
out the Internal Revenue laws of the United
States. You are required to give us the
Form 1125-E Compensation of Officers
(Rev. October 2016) OMB No. 1545-0123
Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S.
▶
Department of the Treasury
▶ Information about Form 1125-E and its separate instructions is at [Link]/form1125e.
Internal Revenue Service
Name Employer identification number

Note: Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.

(b) Social security number (c) Percent of Percent of stock owned (f) Amount of
(a) Name of officer time devoted to
(see instructions) business (d) Common (e) Preferred compensation

1 % % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

2 Total compensation of officers . . . . . . . . . . . . . . . . . . . . . . . 2

3 Compensation of officers claimed on Form 1125-A or elsewhere on return . . . . . . . . 3

4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the
appropriate line of your tax return . . . . . . . . . . . . . . . . . . . . . . 4
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 55989C Form 1125-E (Rev. 10-2016)
Form 4562 Depreciation and Amortization
(Including Information on Listed Property)
OMB No. 1545-0172

2017
▶ Attach
to your tax return.
Department of the Treasury Attachment
Internal Revenue Service (99)
▶ Go to [Link]/Form4562 for instructions and the latest information. Sequence No. 179
Name(s) shown on return Business or activity to which this form relates Identifying number

Part I Election To Expense Certain Property Under Section 179

Note: If you have any listed property, complete Part V before you complete Part I.
1 Maximum amount (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 1
2 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . 2
3 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . 3
4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . 4
5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing
separately, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 (a) Description of property (b) Cost (business use only) (c) Elected cost

7 Listed property. Enter the amount from line 29 . . . . . . . . . 7

8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . . . . . . 8
9 Tentative deduction. Enter the smaller of line 5 or line 8 . . . . . . . . . . . . . . . . 9
10 Carryover of disallowed deduction from line 13 of your 2016 Form 4562 . . . . . . . . . . . 10
11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) 11
12 Section 179 expense deduction. Add lines 9 and 10, but don’t enter more than line 11 . . . . . . 12
13 Carryover of disallowed deduction to 2018. Add lines 9 and 10, less line 12 ▶ 13
Note: Don’t use Part II or Part III below for listed property. Instead, use Part V.
Part II Special Depreciation Allowance and Other Depreciation (Don’t include listed property.) (See instructions.)
14 Special depreciation allowance for qualified property (other than listed property) placed in service
during the tax year (see instructions) . . . . . . . . . . . . . . . . . . . . . . 14
15 Property subject to section 168(f)(1) election . . . . . . . . . . . . . . . . . . . . 15
16 Other depreciation (including ACRS) . . . . . . . . . . . . . . . . . . . . . . 16
Part III MACRS Depreciation (Don’t include listed property.) (See instructions.)
Section A
17 MACRS deductions for assets placed in service in tax years beginning before 2017 . . . . . . . 17
18 If you are electing to group any assets placed in service during the tax year into one or more general
asset accounts, check here . . . . . . . . . . . . . . . . . . . . . . ▶
Section B—Assets Placed in Service During 2017 Tax Year Using the General Depreciation System
(b) Month and year (c) Basis for depreciation
(a) Classification of property placed in (business/investment use (d) Recovery (e) Convention (f) Method (g) Depreciation deduction
service only—see instructions) period

19a 3-year property

b 5-year property
c 7-year property
d 10-year property
e 15-year property
f 20-year property
g 25-year property 25 yrs. S/L
h Residential rental 27.5 yrs. MM S/L
property 27.5 yrs. MM S/L
i Nonresidential real 39 yrs. MM S/L
property MM S/L
Section C—Assets Placed in Service During 2017 Tax Year Using the Alternative Depreciation System
20a Class life S/L
b 12-year 12 yrs. S/L
c 40-year 40 yrs. MM S/L
Part IV Summary (See instructions.)
21 Listed property. Enter amount from line 28 . . . . . . . . . . . . . . . . . . . . 21
22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter
here and on the appropriate lines of your return. Partnerships and S corporations—see instructions . 22
23 For assets shown above and placed in service during the current year, enter the
portion of the basis attributable to section 263A costs . . . . . . . 23
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 12906N Form 4562 (2017)
Form 4562 (2017) Page 2
Part V Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and property
used for entertainment, recreation, or amusement.)
Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,
24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section A—Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)
24a Do you have evidence to support the business/investment use claimed? Yes No 24b If “Yes,” is the evidence written? Yes No
(c) (e)
(a) (b) (f) (g) (h) (i)
Business/ (d) Basis for depreciation
Type of property (list Date placed Recovery Method/ Depreciation Elected section 179
investment use Cost or other basis (business/investment
vehicles first) in service period Convention deduction cost
percentage use only)
25 Special depreciation allowance for qualified listed property placed in service during
the tax year and used more than 50% in a qualified business use (see instructions) . 25
26 Property used more than 50% in a qualified business use:
%
%
%
27 Property used 50% or less in a qualified business use:
% S/L –
% S/L –
% S/L –
28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 . 28
29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 . . . . . . . . . . . . 29
Section B—Information on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other “more than 5% owner,” or related person. If you provided vehicles
to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
(a) (b) (c) (d) (e) (f)
30 Total business/investment miles driven during Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6
the year (don’t include commuting miles) .
31 Total commuting miles driven during the year
32 Total other personal (noncommuting)
miles driven . . . . . . . . .
33 Total miles driven during the year. Add
lines 30 through 32 . . . . . . .
34 Was the vehicle available for personal Yes No Yes No Yes No Yes No Yes No Yes No
use during off-duty hours? . . . . .
35 Was the vehicle used primarily by a more
than 5% owner or related person? . .
36 Is another vehicle available for personal use?
Section C—Questions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren’t
more than 5% owners or related persons (see instructions).
37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by Yes No
your employees? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners . .
39 Do you treat all use of vehicles by employees as personal use? . . . . . . . . . . . . . . . .
40 Do you provide more than five vehicles to your employees, obtain information from your employees about the
use of the vehicles, and retain the information received? . . . . . . . . . . . . . . . . . . .
41 Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.) . . .
Note: If your answer to 37, 38, 39, 40, or 41 is “Yes,” don’t complete Section B for the covered vehicles.
Part VI Amortization
(e)
(b)
(a) (c) (d) Amortization (f)
Date amortization
Description of costs Amortizable amount Code section period or Amortization for this year
begins
percentage
42 Amortization of costs that begins during your 2017 tax year (see instructions):

43 Amortization of costs that began before your 2017 tax year . . . . . . . . . . . . . 43

44 Total. Add amounts in column (f). See the instructions for where to report . . . . . . . . 44
Form 4562 (2017)
 4797 Sales of Business Property OMB No. 1545-0184

2017
Form
(Also Involuntary Conversions and Recapture Amounts
Under Sections 179 and 280F(b)(2))
Department of the Treasury Attach to your tax return.
▶ Attachment
Internal Revenue Service ▶ Go to [Link]/Form4797 for instructions and the latest information. Sequence No. 27
Name(s) shown on return Identifying number

1 Enter the gross proceeds from sales or exchanges reported to you for 2017 on Form(s) 1099-B or 1099-S (or
substitute statement) that you are including on line 2, 10, or 20. See instructions . . . . . . . . 1
Part I Sales or Exchanges of Property Used in a Trade or Business and Involuntary Conversions From Other
Than Casualty or Theft—Most Property Held More Than 1 Year (see instructions)
(e) Depreciation (f) Cost or other (g) Gain or (loss)
2 (a) Description (b) Date acquired (c) Date sold (d) Gross allowed or basis, plus Subtract (f) from the
of property (mo., day, yr.) (mo., day, yr.) sales price allowable since improvements and sum of (d) and (e)
acquisition expense of sale

3 Gain, if any, from Form 4684, line 39 . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Section 1231 gain from installment sales from Form 6252, line 26 or 37 . . . . . . . . . . . . . . 4
5 Section 1231 gain or (loss) from like-kind exchanges from Form 8824 . . . . . . . . . . . . . . 5
6 Gain, if any, from line 32, from other than casualty or theft . . . . . . . . . . . . . . . . . 6
7 Combine lines 2 through 6. Enter the gain or (loss) here and on the appropriate line as follows: . . . . . . . 7
Partnerships (except electing large partnerships) and S corporations. Report the gain or (loss) following the
instructions for Form 1065, Schedule K, line 10, or Form 1120S, Schedule K, line 9. Skip lines 8, 9, 11, and 12 below.
Individuals, partners, S corporation shareholders, and all others. If line 7 is zero or a loss, enter the amount from
line 7 on line 11 below and skip lines 8 and 9. If line 7 is a gain and you didn’t have any prior year section 1231
losses, or they were recaptured in an earlier year, enter the gain from line 7 as a long-term capital gain on the
Schedule D filed with your return and skip lines 8, 9, 11, and 12 below.
8 Nonrecaptured net section 1231 losses from prior years. See instructions . . . . . . . . . . . . . 8
9 Subtract line 8 from line 7. If zero or less, enter -0-. If line 9 is zero, enter the gain from line 7 on line 12 below. If line
9 is more than zero, enter the amount from line 8 on line 12 below and enter the gain from line 9 as a long-term
capital gain on the Schedule D filed with your return. See instructions . . . . . . . . . . . . . . 9
Part II Ordinary Gains and Losses (see instructions)
10 Ordinary gains and losses not included on lines 11 through 16 (include property held 1 year or less):

11 Loss, if any, from line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 ( )

12 Gain, if any, from line 7 or amount from line 8, if applicable . . . . . . . . . . . . . . . . . 12
13 Gain, if any, from line 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Net gain or (loss) from Form 4684, lines 31 and 38a . . . . . . . . . . . . . . . . . . . 14
15 Ordinary gain from installment sales from Form 6252, line 25 or 36 . . . . . . . . . . . . . . . 15
16 Ordinary gain or (loss) from like-kind exchanges from Form 8824. . . . . . . . . . . . . . . . 16
17 Combine lines 10 through 16 . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 For all except individual returns, enter the amount from line 17 on the appropriate line of your return and skip lines a
and b below. For individual returns, complete lines a and b below:
a If the loss on line 11 includes a loss from Form 4684, line 35, column (b)(ii), enter that part of the loss here. Enter the part
of the loss from income-producing property on Schedule A (Form 1040), line 28, and the part of the loss from property
used as an employee on Schedule A (Form 1040), line 23. Identify as from “Form 4797, line 18a.” See instructions . . 18a
b Redetermine the gain or (loss) on line 17 excluding the loss, if any, on line 18a. Enter here and on Form 1040, line 14 18b
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 13086I Form 4797 (2017)
Form 4797 (2017) Page 2
Part III Gain From Disposition of Property Under Sections 1245, 1250, 1252, 1254, and 1255
(see instructions)
(b) Date acquired (c) Date sold (mo.,
19 (a) Description of section 1245, 1250, 1252, 1254, or 1255 property: (mo., day, yr.) day, yr.)

A
B
C
D

Property A Property B Property C Property D

These columns relate to the properties on lines 19A through 19D. ▶
20 Gross sales price (Note: See line 1 before completing.) . 20
21 Cost or other basis plus expense of sale . . . . . 21
22 Depreciation (or depletion) allowed or allowable . . . 22
23 Adjusted basis. Subtract line 22 from line 21. . . . 23

24 Total gain. Subtract line 23 from line 20 . . . . . 24

25 If section 1245 property:
a Depreciation allowed or allowable from line 22 . . . 25a
b Enter the smaller of line 24 or 25a . . . . . . 25b
26 If section 1250 property: If straight line depreciation was used,
enter -0- on line 26g, except for a corporation subject to section 291.
a Additional depreciation after 1975. See instructions . 26a
b Applicable percentage multiplied by the smaller of line
24 or line 26a. See instructions . . . . . . . 26b
c Subtract line 26a from line 24. If residential rental property
or line 24 isn’t more than line 26a, skip lines 26d and 26e 26c
d Additional depreciation after 1969 and before 1976. . 26d
e Enter the smaller of line 26c or 26d . . . . . . 26e
f Section 291 amount (corporations only) . . . . . 26f
g Add lines 26b, 26e, and 26f. . . . . . . . . 26g
27 If section 1252 property: Skip this section if you didn’t
dispose of farmland or if this form is being completed for a
partnership (other than an electing large partnership).
a Soil, water, and land clearing expenses . . . . . 27a
b Line 27a multiplied by applicable percentage. See instructions 27b
c Enter the smaller of line 24 or 27b . . . . . . 27c
28 If section 1254 property:
a Intangible drilling and development costs, expenditures
for development of mines and other natural deposits,
mining exploration costs, and depletion. See
instructions . . . . . . . . . . . . . 28a
b Enter the smaller of line 24 or 28a . . . . . . 28b
29 If section 1255 property:
a Applicable percentage of payments excluded from
income under section 126. See instructions . . . . 29a
b Enter the smaller of line 24 or 29a. See instructions . 29b
Summary of Part III Gains. Complete property columns A through D through line 29b before going to line 30.

30 Total gains for all properties. Add property columns A through D, line 24 . . . . . . . . . . . . . 30
31 Add property columns A through D, lines 25b, 26g, 27c, 28b, and 29b. Enter here and on line 13 . . . . . . 31
32 Subtract line 31 from line 30. Enter the portion from casualty or theft on Form 4684, line 33. Enter the portion from
other than casualty or theft on Form 4797, line 6 . . . . . . . . . . . . . . . . . . . . 32
Part IV Recapture Amounts Under Sections 179 and 280F(b)(2) When Business Use Drops to 50% or Less
(see instructions)
(a) Section (b) Section
179 280F(b)(2)
33 Section 179 expense deduction or depreciation allowable in prior years. . . . . . . . 33
34 Recomputed depreciation. See instructions . . . . . . . . . . . . . . . . 34
35 Recapture amount. Subtract line 34 from line 33. See the instructions for where to report . . 35
Form 4797 (2017)