Preview
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
EXHIBIT 13
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
2005 S-Corporation Return
prepared for:
ROCKVILLE CORP
172 SUNRISE HIGHWAY
ROCKVILLE CENTRE, NY 11570
WEISBERG, =LESK & KAMPFER, LL’P
1776 E. Jericho Turnpike, #1
Huntington, NY 11743-5713
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
WEISBERG, LESK & KAMPFER, LLP
1776 E. JERICHO TURNPIKE, #1
HUNTINGTON, NY 11743-5713
(631) 499-6666
March 7, 2006
ROCKVILLE CORP
172 SIYNRISE HIGHWAY
ROCKVILLE CENTRE, NY 11570
Dear Client:
Enclosed is your 2005 Federal S Corporation Income Tax Return. The original should be signed
at the bottom of page one. No tax is payable with the filing of this return. Mail the Federal
return on or before March 15, 2006 to:
INTERNAL REVENUE SERVICE
CINCINNATI, OH 45999-0013
Enclosed is your 2005 New York S Corporation Franchise Tax Return. The original should be
signed at the bottom of page two. There is a balance of $100 payable by March 15, 2006. Mail
the New York return on or before March 15, 2006 and make check payable to:
NYS CORPORATION TAX
PROCESSING UNIT
P.O. BOX 22093
ALBANY, NY 12201-2093
You must distribute a copy of the 2005 Schedule K-1 to each shareholder. Be sure to give each
shareholder a copy of the Shareholder’s Instructions for Schedule K-1 (Form 1120S).
Please call if you have any questions.
Sincerely,
HENRY KAMPFER
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
2005 FEDERAL INCOME TAX SUMMARY PAGE 1
ROCKVILLE CORP
2005 2004 DIFF
ORDINARY INCOME
TOT,Z~ INCOME (LOSS) ................................ 0 0 0
ORDINARY DEDUCTIONS
TOTAL DEDUCTIONS .................................... 0 0 0
ORDINARY BUSINESS INCOME (LOSS) ............. 0 0 0
REFUND OR AMOUNT DUE
BALANCE DUE ........................................... 0 0
SCHEDULE K - INCOME
ORDINARY BUSINESS INCOME (LOSS) o o o
NET RENTAL REAL ESTATE INCOME (LOSS) ...... 76,774 62,256 14,518
SCHEDULE K-ALTERNATIVE MINIMUM TAXITEMS
POST-1986 DEPRECIATION ADJUSTMENT .......... 85 85
SCHEDULE K - OTHER INFORMATION
INCOME (LOSS) (SCHEDULE M-l) .................. 76,774 62,256 14,5i8
SCHEDULE L - BALANCE SHEET
BEGINNING ASSETS .................................... 442,423 455,782 -13,359
BEGINNING LIABILITIES & EQUITY............... 442,423 455;782 -13,359
ENDINGIASSETS ........................................ 467,845 442,423 25,422
ENDINGLIABILITIES & EQUITY ................... 467,845 442,423 25,422
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
2005 Shareholder’s Basis Computation
S Corporation Name Employer I.D. number
ROCKVILLE CORP
Name of Shareholder Shareholder’s I.D. number
xxxx xxxxx
1. STOCK BASIS AT BEGINNING OF TAX YEAR ............................................................... I 311,208.
INCREASES: ,DECREASES:
2. Ordinary income ...................... 13. Nondeductible expenses ................
3. Net income from rental activities ....... 76,774 14. Oil and gas depletion ...................
4. Net portfolio income .................. 15. Ordinary loss ..........................
5. Net gain under Section ]23] ........... 16. Net loss from rental activities ...........
6. Other income ......................... 17. Net portfolio loss .......................
7. Tax-exempt interest income ........... 18. Net loss under Section ]23] .............
8. Other tax-exempt income ............. 19. Other loss .............................
9. Net gain on disposition of Section ]79 assets .... 20. Charitable contributions .................
10. Oil and gas depletion in excess of basis 21. Section ] 79 expense deduction .........
11. OTHER INCREASES: 22. Deductions related to portfolio income (loss) ......
23. Other deductions .......................
24. Investment interest expense ............
25. Total foreign taxes .....................
26. Section 59(e) expenses .................
27. Prior year loss in excess of basis ........
28. OTHER DECREASES:
29. Property distributions (including cash)...
12. TOTAL INCREASES: (add lines 2 - ]]). 76,774. 30. TOTAL DECREASES (add lines ]3 - 29).
31. STOCK BASIS AT END OFTAX YEAR. (Line ] plus line 12 minus line 30) ..................................... 387,982
.I
32. DEBT BASIS AT BEGINNING OF TAX YEAR ................................................................ o
33. ADJUSTMENTS TO DEBT BASIS:
34. DEBT BASIS AT END OF TAX YEAR (Combine Line 32 and 33) ..............................................
35. SHAREHOLDER’S TOTAL BASIS AT END OF TAX YEAR (AddLine3] and34) ................................ .I 387,982.
SPSL02]2L 04/] ]105
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
New York Shareholder Summary
For income year beginning 1/01/05 , and ending ]2/31/05
Corporation name Employer Identification number Shareholder I.D Number
ROCKVILLE CORP
NAME AND ADDRESS OF SHAREHOLDER
xxxx xxxxx
6 VANARD DRIVE
EAST HILLS, NY 11576
Business allocation percentage .................................................................................. 100.0000%
Investment allocation percentage ................................................................................ 100.0000 %
Shareholder’s percentage of stock ownership ..................................................................... 100 %
NEW YORK AMOUNT FEDERAL
SHAREHOLDER’S SHARE OF INCOME, CREDITS, DEDUCTIONS, ETC.
(NONRESIDENTS ONLY) K-1 AMOUNT
1 Ordinary Income (loss) from trade or business activities ..................................
2 Net income (loss) from rental real estate activities ........... SEE..ATTACHED. .......... 76,774.
3 Net income (loss) from other rental activities ............................................
4 Portfolio income (loss) .................................................................
5 Net gain (loss) under section 1231 (other than due to casualty or theft) ...................
6 Other income (loss) ....................................................................
7 Total Income (loss) (add lines 1 through 6) .............................................. 76,774.
8 Charitable Contributions ...............................................................
9 Section 179 expense deduction .........................................................
10 Expenses related to portfolio income (loss)..............................................
11 Other deductions ......................................................................
12 Total deductions (add lines 8 through ] 1) ...............................................
13, Federal tax preference items for minimum tax ............... SF~E..ATTACHED .......... ,: .85.
14 Interest expense on investment debts paid or accrued in 2001 ............................
15 Total foreign taxes (check one) ~JPaid L.JAccrued ............................... ¯
16 Reduction on foreign taxes .............................................................
17 Tax-exempt income
18 Total Property distributions (including cash) other, than dividend distributions ..............
19 Other items re(]uired to be reported to shareholders ’
SHAREHOLDER’S SHARES OF CHANGES FROM FEDERAL ITEMS
20 New York franchise tax imposed under article 9-A .............................................................
21 ACRS and MACRS deduction .................................................................................
22 Other additions ..............................................................................................
23 New York depreciation .......................................................................................
24 Other Subtractions ..........................................................................................
25 Additions to federal itemized deductions ......................................................................
26 Subtractions from federal itemized deductions .................................................................
27 New York adjustments, to,federal tax preference items ................................... I
SHAREHOLDER’S SHARES OF NEW YORK S CORPORATION’S NEW YORK TAX CREDITS AND TAXES ON EARLY DISPOSITIONS
28 Investment tax :credit (Form CT-46 and CT-46-ATI, if applicable) ...............................................
29 Investment tax credit on research and development property at the optional rate (Form CT-46) ...................
30 Investment tax credit for financial services industry (Form CT-44) ...............................................
31 Tax on early dispositions (Form CT-44 or CT-46) ..............................................................
32 EZ wage tax credit (Form CT-601) ............................................................................
33 Investment in certified EZ businesses (Form CT-602) ..........................................................
34 Monetary contributions to EZ community development projects (Form CT-602) ...................................
35 EZ. Investment tax credit (Form CT-603). ......................................................................
36 EZ ITC for financial services industry (Form CT-605) ...........................................................
37 Recapture tax credit- EZ capital .tax credit, EZ ITC, or EZ ITC for financial services (Form 0T.602, CT-603, or 0T-605) .....................
NYSL02]2L ] ]/04/05
SHAREHOLDER 1
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
PAGE 2
QUALIFIED EMPIRE ZONE ENTERPRISE IQEZE~ TAX CREDIT
38 QEZF credit for real property taxes (Form CT-606). ............................................................
39 Recapture of QEZE real property tax credit (Form CT-606)
40 QEZE employment increase factor (Form CT-604) .............................................................
41 QEZE zone allocation factor (Form CT-604) ...................................................................
42 QEZE’benefit period factor/Form CT-604;~ ....................................................................
FARMER’S SCHOOL TAX CREDIT
43 Total acres of qualified agricultural property ...................................................................
44 Total amount of eligible taxes paid ...........................................................................
45 Total acres of qualified agricultural property converted to nonqualified use ......................................
46 Total acres of qualified conservation property,. .................................................................
OTHER CREDITS
47 Recapture of alternative fuels credit (Form CT-40) .............................................................
48 Credit for employment of persons with disabilities (Form CT-4]) ................................................
49 QETC employment credit (DTF-62]) ..........................................................................
50 QETC capital tax credit (DTF-622) ............................................................................
51 Recapture of QETC capital tax credit (DTF-622) ...............................................................
52 Industrial or manufacturing business (IMB) credit (DTF-623) ....................................................
53 Credit for purchase of automated external defibrillator (Form CT-250) ...........................................
54 Low-income housing credit (Form DTF-624) ...................................................................
55 Recapture of low-income housing credit (Form DTF-626) .......................................................
56 Green building credit (Form DTF-630) .........................................................................
57 Long-term care insurance credit (Form CT-249). ...............................................................
58 Empire state film production credit (Form CT-248) .............................................................
59a Brownfield redevelopment tax credit - site preparation credit component (Form CT-6] ]) .........................
59b Brownfield redevelopment tax credit - tangible property credit component (Form CT-6] 1) ........................
59 c Brownfield redevelopment tax credit - on-site ground remediation credit component (Form CT-6] ]) ..............
60 Recapture of brownfield redevelopment credit (Form CT-6] ]) ...................................................
,61 Remediated brownfield credit for real property taxes (Form CT-612)~ ....................... .... ...................
62 Recapture of remediated brownfield credit for real property taxes (Form CT-6] 2) ..................................
63 Enviromental remediation insurance credit (Form CT-6] 3) ................................. : .....................
64 Recapture enviromental remediation insurance credit (Form CT-613) ............................................
65 QETC facilities, operations, and training credit (DTF-6]9) ......................................................
Other tax credit(s). " ’
Supplemental Information
LINE 2, COLUMN (D)
RENTAL REAL ,ESTATE ACTIVITIES
PROPERTY GROSS NET NET PASSIVE SEC. 1231
DESCRIPTION INCOME EXPENSES INCOME NONPASS TOTAL
COMMERCIAL PROPERTY 134,521. 57,747. $ 76,774. PASSIVE
TOTAL $ 76,774.
LINE 13
FEDERAL TAX PREFERENCE ITEMS FOR MINIMUM TAX
DEPR. ADJ. ON PROP. PLACED IN SERVICE AFTER 1986 ................................ $ 85.
TOTAL $ 85.
SHAREHOLDER 1 : xxxx ~AKNI NYSL02]2L ]]I~5
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
U.S. Income Tax Return for an S Corporation OMB No. 1545.0130
Form 1120S ~" Do not file this form unless the corporation has filed
Depadment of the Treasury
Internal Revenue Service
Form 2553 to elect to be an S corporation.
~" See separate instructions.
2005
For calendar ~,ear 2005, or tax ~/e~ ¯ beginning ,2005, and endin9
A Effective date of C Employer identification number
S election Use the
IRS ROCKVILLE CORP D
8/08/1996 label.
172 SUNRISE HIGHWAY Date incorporated
Other-
B Business code number
ROCKVILLE CENTRE, NY 11570 8/08/1996
(see instructions)
wise,
print or E Total assets (see instructions)
531120 type. $ 467,845.
F Check applicable boxes: (1) L Jlnitial return (2) ~1 Final return (3) I~ Name change (4) UAddress change (5) D Amended return
G Enter number of shareholders in the corporation at end of the tax ~,ear. ........................................................... 1
Caution: Include only trade or business income and expenses on lines la through 21. See the instructions for more information.
1 a Gross receipts or sales..I I b Less returns and allowances.. I c Bal ~ Ic
I 2 Cost of goods sold (Schedule A, line 8) .............................................................. 2
cN 3 Gross profit. Subtract line 2 from line lc 3
O 4 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) .................................... 4
I~ 5 Other income (loss) (attach statement) ...............................................................
6 Total income (loss). Add lines 3 throuc~h 5 ........................................................ ~ 6
7 Compensation of officers. " 7
ED 8 Salaries and wages (less employment credits) ........................................ i ........ : ...... 8
D 9 Repairs and maintenance ........................................................................... 9
~ 10 Bad debts
T 11 Rents .............................................................................................. 11
i~ 12 Taxes and licenses - 12
13 Interest " ’ 13
N
S 14a Depreciation (attach Form 4562).. 14a
s b Depreciation claimed on Schedule A and elsewhere on return ............. 14b/
EE C Subtract line 14b from line 14a ...................................................................... 14c
i 15. Depletion (Do not deduct oil and gas depletion.) ..................................................... 15
~ 16 Advertising ......................................................................................... 16
~R 17 Pension, profit-sharing, etc, plans ..................................................................... 17
~ 18 Employee benefit programs ......................................................................... 18
T 19 Other deductions (attach statement) ................................................................. 19
N° 20 Total deductions. Add the amounts shown in the far right column for lines 7 through 19.............. ~" 20
s
21 Ordinan/business income (floss). Subtract line 20 from line 6 ......................................... 21
T 22 Tax: a Excess net passive income tax (attach statement) ............................ 22122al
XA b Tax from Schedule D (Form 1205) .......................................
c Add lines 22a and 22b (see the instructions for additional taxes) .................................................... 22c
NA 23 Payments: a2005 estimated tax payments and amount applied from 2004 return ........... 23a
D .b Tax deposited with Form 7004 ........................................... 23b
c Credit for Federal tax paid on fuels (attach Form 4136) .................... 23c
p
A d Add lines 23a through 23c ........................................................................... 23d
~ 24 Estimated tax penalty (see instructions). Check if Form 2220 is attached ....................... " D 24
E 25 Tax due. If line 23d is smaller than the total of lines 22c and 24, enter amount owed .............................. 25
TN 26 Overpayment. If line 23d is larger than the total of lines 22c and 24, enter amount overpaid 26
S 27 Enter amount of line 26 you want: Credited to 2006 estimated tax. ~" Refunded 27
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, and coml Jete..DeclaraUon of preparer (other than taxpayer) is basedon all information of which preparer has any knowledge.
,
t/’~ //~,~_~ May the IRS discuss this return
Here ~ ~.~ with the preparer shown below
~ I~, (see instructions)?
~
Signature of officer
’--- //~ Title
,[~ Yes ~No
Date Preparer’s SSN or PTIN
Preparer’s
Check if self-
signature
Paid
~’ HENRY KAMPFER employed ..... I
Preparer’s Firm’s name WEISBERG, L’ESK & KAMPFER, LLP EIN
(or yours if
Use Only self-employed),
address, and
~’ 1776 E. JERICHO TURNPIKE, #i
ZIPcode HUNTI’NGTON, NY 11743-5713 Phoneno. (631) 499-6666
.BAA For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. SPSA0105L 12~08t05 F.orm 11205 (2005)
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
Form 1120S (2005;) ROCIG/ILLE C01!2 Page 2
ISche~dule; Cost of Goods Sold (see instructions)
1 Inventory at beginning of year ........................................................................... 1
2 Purchases ............................................................................................. 2
3 Cost of labor ........................................................................................... 3
4 Additional section 263A costs (attach statement) ......................................................... 4
5 Other costs (attach statement) .......................................................................... 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 page 1, line 2 ......................... 8
9a Check all methods used for valuing closing inventory:
(0 [--I Cost as described in Regulations section 1.471-3
(ii)
(iii) H Other
Lower (specify method
of cost or marketused and attachin explanation)
as described Regulations section 1.471-4
b Check if there was a writedown of subnormal goods as described in Regulations section 1.471-2(c) ............................... ¯~U
Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) ....................... ¯ U
d If the LIFO inventory method was used for this tax year, enter percentage (or amounts) of closing
inventory computedunder LIFO .........................................................................
e If property is produced or acquired for resale, do the rules of Section 263A apply to the corporation? ............... I~ Yes ~1 No
f Was there any change in determining quantities, cost, or valuations between opening ’
and closing inventory? If ’Yes,’ attach explanation ........................................................... :... .No
¯ I~ScheduleB-.i I Other Information (see instructions) No
1 Check method of accounting: (a) [~] Cash (b) [~] Accrual (c) [~ Other (specify)’~"
2 See the instructions and enter the:
(a) Business activity ¯ RENTAT, (b) Product or service. ¯ REAT, F.STATF.
3 At the end of the tax year, did the corporation own, directly or indirectly, 50% or more of the voting stock of a domestic
corporation? (For rules of attribution, see section 267(c).) If ’Yes,’ attach a statement showing: (a) name, address,
andemployer identification number and (b) percentage owned ......................................................... X
4 Was the corporation a member of a controlled group subject to the provisions of section 1561? .......................... X
5 Has this corporation filed, or is it required to file, a return under section 6111 to provide information on any
reportable transactionZ ............................................................................................. X
6 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.
7 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 its basis (or the basis of any other property) in the hands of a
C corporation and (b)has net unrealized built-in gain (defined in section 1374(d)(1)) in excess of the net
recognized built-in gain from prior years, enter the net unrealized built-in gain reduced by net recognized
built-in gain from prior years ............................................................... ¯ $
8 Check this box if the corporation had accumulated earnings and profits at the close of the tax year ................. ¯
9 Are the corporation’s total receipts (see instructions) for the tax year and its total assets at the end of the tax year less
than $250,000? If ’Yes,’ the corporation is not required to complete Schedules L and M-1 ............................... X
Note’ If the corporation had assets or operated a business in a foreign country or U.S.possession, it may be required to attach
Schedule N (Form 1120~, Foreign Operations of U.S. Corporations, to this return. See Schedule N for details.
1Schedule K, i Shareholders’ Shares of Income~ Deduction%,Credit% ’etc
Shareholders’ Pro Rata Share Items Total amount
1 Ordinary business income (loss) (page 1, line 21) ..................................................... 1
2 Net rental real estate income (loss) (attach Form 8825) ............................................... 2 76,774.
3a Other gross rental income (loss) .........................................
.b Expenses from other rental activities (attach statement). .............................. L~.
Other net rental income (loss). Subtract line 3b from line 3a ........................................... 3c
Interest income ..................................................................................... 4
Dividends:. a Ordinary dividends ................................................................... 5a
b Qualified dividends. ...................................... I 5hi
Royalties ........................................................................................... 6
Net short-term capital gain (loss) (attach Schedule D (Form 1120S)) ................................... 7
S) 8a Net long-term capital gain (loss) (attach Schedule D (Form 1120S)) .................................... 8a
b Collectibles (28%) gain (loss) ............................................ 8b ,~"~, o~,
C Unrecaptured section ]250 gain (attach statement) .................................. "~,.,-,
~9 Net section 1231 gain (loss) (attach Form 4797) ...................................................... 9
10 Other income (loss) (see instructions) ................................................................ 10
SPSA0112L 12/08105 Form 11205 (2005)
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
Form 1120S ~2005;) ROCKVILLE CORP Paqe 3
Shareholders’ Pro Rata Share Items (continued) Total amount
Deduc- 11 Section ]79 deduction (attach Form 4562) .................................................. 11
tions
12a Contributions .............................................................................. 12a
b Investment interest expense ............................................................... 12b
c Section 59(e)(2) expenditures (1) Type ~" (2) Amount. ~ 12c (2)
d Other deductions (see instructions).. Type ~" 12d
Credits 13a Low-income housing credit (section 42(j)(5)) ................................................
and
b Low-income housing credit (other) ..........................................................
Credit
Recap ¢ Qualified rehabilitation expenditures (rental real estate) (attach Forrn3468) ................................... 13c
ture
d Other rental real estate credits (see instrs) Type ~ 13d
e Other rental credits (see instrs) Type ~"
f Credit for alcohol used as fuel (attach Form 6478) ........................................... 13f
~ Other credits and credit recapture (see instrs) T~’pe
Foreign 14a Name of country or U.S. possession ...... ~" /’~ ~ ; ¯
Trans-
b Gross income from all sources ............................................................. 14b
actions
c Gross income sourced at shareholder level .................................................. 14c
Foreign gross income sourced at corporate level:
d Passive ................................................................................... 14d
e Listed categories (attach statement) ........................................................ 14e
f General limitation ......................................................................... 14f
Deductions allocated and apportioned at shareholder level:
g Interest expense .......................................................................... 14~1
h Other ..................................................................................... 14h
Deductions allocated and apportioned at corporate level to foreign source income: ,~’ . ;,~"
~;~
....
i Passive .................................................................................... 14i
¯ j Listed categories (attach statement) ........................................................ 14j
k General limitation ......................................................................... 14k
Other information:
I Total foreign taxes (check one): ~"1 I Paid [__] Accrued .............................. 141
m Reduction in taxes available for credit
(attach statement) ......................................................................... 14m
n Other foreign tax information (attach statement) ..............................................
Alterna- 15a Post-J986 depreciation adjustment ......................................................... 15a 85.
tive
b Adjusted gain or loss ...................................................................... 15b
Mini-
mum c Depletion (other than oil and gas) .......................................................... 15c
Tax
d Oil, gas, and geothermal properties - gross income ......................................... 15d
(AMT)
Items e Oil, gas, and geothermal properties - deductions ........................................... 15e
f Other AMT items (attach statement) ........................................................ 15f
Items 16a Tax-exempt interest income ................................................................ 16a
Affec-
b Other tax-exempt income .................................................................. 16b
ting
Share- c Nondeductible expenses ................................................................... 16c
holder
d Property distributions ...................................................................... 16d
Basis
e Repayment of loans from shareholders ..................................................... 16e
Other 17a Investment income ........................................................................ 17a
Inform-
b Investment expenses ...................................................................... 17b
ation
c Dividend distributions paid from accumulated earnings and profits ............................
d Other items and amounts ,,’,.,
(attach statement) ..........................................................................
e Income/loss reconciliation. (Required only if Schedule M-1 must be completed.)
Combine the amounts on lines 1 through ]0 in the far right column. From the result, subtract
the sum of the amounts on lines 11 throuqh 12d and lines 141 ................................ 17e 76,774.
BAA Form 1120S (2005)
SPSA01341_ ] 2/15/05
FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022
NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022
Form 1120S (~2005) ROCKVILLE CORP Page 4
Note: The corporation is not required to complete Schedules L and M-] if question 9 of Schedule B is answered ’Yes’.
Sched~le~l::~!’~ Balance Sheets per Books Beginning of tax year . End of tax year
Assets (a) (b) (c)
1 Cash ...................................... ~i": ~ ,~’,’"~’ ~i:!~:_"~:I:< 1,152. :~; ; .’.!~’:f,~<:~ .’ 34,965.
2a Trade notes and accounts receivable ........
b Less allowance for bad debts ................
3 Inventories.
4 U.S. government obligations ................
5 Tax-exempt securities .....
6 Other current assets (attach stmO.
.................
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FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 EXHIBIT 13 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 2005 S-Corporation Return prepared for: ROCKVILLE CORP 172 SUNRISE HIGHWAY ROCKVILLE CENTRE, NY 11570 WEISBERG, =LESK & KAMPFER, LL’P 1776 E. Jericho Turnpike, #1 Huntington, NY 11743-5713 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 WEISBERG, LESK & KAMPFER, LLP 1776 E. JERICHO TURNPIKE, #1 HUNTINGTON, NY 11743-5713 (631) 499-6666 March 7, 2006 ROCKVILLE CORP 172 SIYNRISE HIGHWAY ROCKVILLE CENTRE, NY 11570 Dear Client: Enclosed is your 2005 Federal S Corporation Income Tax Return. The original should be signed at the bottom of page one. No tax is payable with the filing of this return. Mail the Federal return on or before March 15, 2006 to: INTERNAL REVENUE SERVICE CINCINNATI, OH 45999-0013 Enclosed is your 2005 New York S Corporation Franchise Tax Return. The original should be signed at the bottom of page two. There is a balance of $100 payable by March 15, 2006. Mail the New York return on or before March 15, 2006 and make check payable to: NYS CORPORATION TAX PROCESSING UNIT P.O. BOX 22093 ALBANY, NY 12201-2093 You must distribute a copy of the 2005 Schedule K-1 to each shareholder. Be sure to give each shareholder a copy of the Shareholder’s Instructions for Schedule K-1 (Form 1120S). Please call if you have any questions. Sincerely, HENRY KAMPFER FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 2005 FEDERAL INCOME TAX SUMMARY PAGE 1 ROCKVILLE CORP 2005 2004 DIFF ORDINARY INCOME TOT,Z~ INCOME (LOSS) ................................ 0 0 0 ORDINARY DEDUCTIONS TOTAL DEDUCTIONS .................................... 0 0 0 ORDINARY BUSINESS INCOME (LOSS) ............. 0 0 0 REFUND OR AMOUNT DUE BALANCE DUE ........................................... 0 0 SCHEDULE K - INCOME ORDINARY BUSINESS INCOME (LOSS) o o o NET RENTAL REAL ESTATE INCOME (LOSS) ...... 76,774 62,256 14,518 SCHEDULE K-ALTERNATIVE MINIMUM TAXITEMS POST-1986 DEPRECIATION ADJUSTMENT .......... 85 85 SCHEDULE K - OTHER INFORMATION INCOME (LOSS) (SCHEDULE M-l) .................. 76,774 62,256 14,5i8 SCHEDULE L - BALANCE SHEET BEGINNING ASSETS .................................... 442,423 455,782 -13,359 BEGINNING LIABILITIES & EQUITY............... 442,423 455;782 -13,359 ENDINGIASSETS ........................................ 467,845 442,423 25,422 ENDINGLIABILITIES & EQUITY ................... 467,845 442,423 25,422 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 2005 Shareholder’s Basis Computation S Corporation Name Employer I.D. number ROCKVILLE CORP Name of Shareholder Shareholder’s I.D. number xxxx xxxxx 1. STOCK BASIS AT BEGINNING OF TAX YEAR ............................................................... I 311,208. INCREASES: ,DECREASES: 2. Ordinary income ...................... 13. Nondeductible expenses ................ 3. Net income from rental activities ....... 76,774 14. Oil and gas depletion ................... 4. Net portfolio income .................. 15. Ordinary loss .......................... 5. Net gain under Section ]23] ........... 16. Net loss from rental activities ........... 6. Other income ......................... 17. Net portfolio loss ....................... 7. Tax-exempt interest income ........... 18. Net loss under Section ]23] ............. 8. Other tax-exempt income ............. 19. Other loss ............................. 9. Net gain on disposition of Section ]79 assets .... 20. Charitable contributions ................. 10. Oil and gas depletion in excess of basis 21. Section ] 79 expense deduction ......... 11. OTHER INCREASES: 22. Deductions related to portfolio income (loss) ...... 23. Other deductions ....................... 24. Investment interest expense ............ 25. Total foreign taxes ..................... 26. Section 59(e) expenses ................. 27. Prior year loss in excess of basis ........ 28. OTHER DECREASES: 29. Property distributions (including cash)... 12. TOTAL INCREASES: (add lines 2 - ]]). 76,774. 30. TOTAL DECREASES (add lines ]3 - 29). 31. STOCK BASIS AT END OFTAX YEAR. (Line ] plus line 12 minus line 30) ..................................... 387,982 .I 32. DEBT BASIS AT BEGINNING OF TAX YEAR ................................................................ o 33. ADJUSTMENTS TO DEBT BASIS: 34. DEBT BASIS AT END OF TAX YEAR (Combine Line 32 and 33) .............................................. 35. SHAREHOLDER’S TOTAL BASIS AT END OF TAX YEAR (AddLine3] and34) ................................ .I 387,982. SPSL02]2L 04/] ]105 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 New York Shareholder Summary For income year beginning 1/01/05 , and ending ]2/31/05 Corporation name Employer Identification number Shareholder I.D Number ROCKVILLE CORP NAME AND ADDRESS OF SHAREHOLDER xxxx xxxxx 6 VANARD DRIVE EAST HILLS, NY 11576 Business allocation percentage .................................................................................. 100.0000% Investment allocation percentage ................................................................................ 100.0000 % Shareholder’s percentage of stock ownership ..................................................................... 100 % NEW YORK AMOUNT FEDERAL SHAREHOLDER’S SHARE OF INCOME, CREDITS, DEDUCTIONS, ETC. (NONRESIDENTS ONLY) K-1 AMOUNT 1 Ordinary Income (loss) from trade or business activities .................................. 2 Net income (loss) from rental real estate activities ........... SEE..ATTACHED. .......... 76,774. 3 Net income (loss) from other rental activities ............................................ 4 Portfolio income (loss) ................................................................. 5 Net gain (loss) under section 1231 (other than due to casualty or theft) ................... 6 Other income (loss) .................................................................... 7 Total Income (loss) (add lines 1 through 6) .............................................. 76,774. 8 Charitable Contributions ............................................................... 9 Section 179 expense deduction ......................................................... 10 Expenses related to portfolio income (loss).............................................. 11 Other deductions ...................................................................... 12 Total deductions (add lines 8 through ] 1) ............................................... 13, Federal tax preference items for minimum tax ............... SF~E..ATTACHED .......... ,: .85. 14 Interest expense on investment debts paid or accrued in 2001 ............................ 15 Total foreign taxes (check one) ~JPaid L.JAccrued ............................... ¯ 16 Reduction on foreign taxes ............................................................. 17 Tax-exempt income 18 Total Property distributions (including cash) other, than dividend distributions .............. 19 Other items re(]uired to be reported to shareholders ’ SHAREHOLDER’S SHARES OF CHANGES FROM FEDERAL ITEMS 20 New York franchise tax imposed under article 9-A ............................................................. 21 ACRS and MACRS deduction ................................................................................. 22 Other additions .............................................................................................. 23 New York depreciation ....................................................................................... 24 Other Subtractions .......................................................................................... 25 Additions to federal itemized deductions ...................................................................... 26 Subtractions from federal itemized deductions ................................................................. 27 New York adjustments, to,federal tax preference items ................................... I SHAREHOLDER’S SHARES OF NEW YORK S CORPORATION’S NEW YORK TAX CREDITS AND TAXES ON EARLY DISPOSITIONS 28 Investment tax :credit (Form CT-46 and CT-46-ATI, if applicable) ............................................... 29 Investment tax credit on research and development property at the optional rate (Form CT-46) ................... 30 Investment tax credit for financial services industry (Form CT-44) ............................................... 31 Tax on early dispositions (Form CT-44 or CT-46) .............................................................. 32 EZ wage tax credit (Form CT-601) ............................................................................ 33 Investment in certified EZ businesses (Form CT-602) .......................................................... 34 Monetary contributions to EZ community development projects (Form CT-602) ................................... 35 EZ. Investment tax credit (Form CT-603). ...................................................................... 36 EZ ITC for financial services industry (Form CT-605) ........................................................... 37 Recapture tax credit- EZ capital .tax credit, EZ ITC, or EZ ITC for financial services (Form 0T.602, CT-603, or 0T-605) ..................... NYSL02]2L ] ]/04/05 SHAREHOLDER 1 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 PAGE 2 QUALIFIED EMPIRE ZONE ENTERPRISE IQEZE~ TAX CREDIT 38 QEZF credit for real property taxes (Form CT-606). ............................................................ 39 Recapture of QEZE real property tax credit (Form CT-606) 40 QEZE employment increase factor (Form CT-604) ............................................................. 41 QEZE zone allocation factor (Form CT-604) ................................................................... 42 QEZE’benefit period factor/Form CT-604;~ .................................................................... FARMER’S SCHOOL TAX CREDIT 43 Total acres of qualified agricultural property ................................................................... 44 Total amount of eligible taxes paid ........................................................................... 45 Total acres of qualified agricultural property converted to nonqualified use ...................................... 46 Total acres of qualified conservation property,. ................................................................. OTHER CREDITS 47 Recapture of alternative fuels credit (Form CT-40) ............................................................. 48 Credit for employment of persons with disabilities (Form CT-4]) ................................................ 49 QETC employment credit (DTF-62]) .......................................................................... 50 QETC capital tax credit (DTF-622) ............................................................................ 51 Recapture of QETC capital tax credit (DTF-622) ............................................................... 52 Industrial or manufacturing business (IMB) credit (DTF-623) .................................................... 53 Credit for purchase of automated external defibrillator (Form CT-250) ........................................... 54 Low-income housing credit (Form DTF-624) ................................................................... 55 Recapture of low-income housing credit (Form DTF-626) ....................................................... 56 Green building credit (Form DTF-630) ......................................................................... 57 Long-term care insurance credit (Form CT-249). ............................................................... 58 Empire state film production credit (Form CT-248) ............................................................. 59a Brownfield redevelopment tax credit - site preparation credit component (Form CT-6] ]) ......................... 59b Brownfield redevelopment tax credit - tangible property credit component (Form CT-6] 1) ........................ 59 c Brownfield redevelopment tax credit - on-site ground remediation credit component (Form CT-6] ]) .............. 60 Recapture of brownfield redevelopment credit (Form CT-6] ]) ................................................... ,61 Remediated brownfield credit for real property taxes (Form CT-612)~ ....................... .... ................... 62 Recapture of remediated brownfield credit for real property taxes (Form CT-6] 2) .................................. 63 Enviromental remediation insurance credit (Form CT-6] 3) ................................. : ..................... 64 Recapture enviromental remediation insurance credit (Form CT-613) ............................................ 65 QETC facilities, operations, and training credit (DTF-6]9) ...................................................... Other tax credit(s). " ’ Supplemental Information LINE 2, COLUMN (D) RENTAL REAL ,ESTATE ACTIVITIES PROPERTY GROSS NET NET PASSIVE SEC. 1231 DESCRIPTION INCOME EXPENSES INCOME NONPASS TOTAL COMMERCIAL PROPERTY 134,521. 57,747. $ 76,774. PASSIVE TOTAL $ 76,774. LINE 13 FEDERAL TAX PREFERENCE ITEMS FOR MINIMUM TAX DEPR. ADJ. ON PROP. PLACED IN SERVICE AFTER 1986 ................................ $ 85. TOTAL $ 85. SHAREHOLDER 1 : xxxx ~AKNI NYSL02]2L ]]I~5 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 U.S. Income Tax Return for an S Corporation OMB No. 1545.0130 Form 1120S ~" Do not file this form unless the corporation has filed Depadment of the Treasury Internal Revenue Service Form 2553 to elect to be an S corporation. ~" See separate instructions. 2005 For calendar ~,ear 2005, or tax ~/e~ ¯ beginning ,2005, and endin9 A Effective date of C Employer identification number S election Use the IRS ROCKVILLE CORP D 8/08/1996 label. 172 SUNRISE HIGHWAY Date incorporated Other- B Business code number ROCKVILLE CENTRE, NY 11570 8/08/1996 (see instructions) wise, print or E Total assets (see instructions) 531120 type. $ 467,845. F Check applicable boxes: (1) L Jlnitial return (2) ~1 Final return (3) I~ Name change (4) UAddress change (5) D Amended return G Enter number of shareholders in the corporation at end of the tax ~,ear. ........................................................... 1 Caution: Include only trade or business income and expenses on lines la through 21. See the instructions for more information. 1 a Gross receipts or sales..I I b Less returns and allowances.. I c Bal ~ Ic I 2 Cost of goods sold (Schedule A, line 8) .............................................................. 2 cN 3 Gross profit. Subtract line 2 from line lc 3 O 4 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) .................................... 4 I~ 5 Other income (loss) (attach statement) ............................................................... 6 Total income (loss). Add lines 3 throuc~h 5 ........................................................ ~ 6 7 Compensation of officers. " 7 ED 8 Salaries and wages (less employment credits) ........................................ i ........ : ...... 8 D 9 Repairs and maintenance ........................................................................... 9 ~ 10 Bad debts T 11 Rents .............................................................................................. 11 i~ 12 Taxes and licenses - 12 13 Interest " ’ 13 N S 14a Depreciation (attach Form 4562).. 14a s b Depreciation claimed on Schedule A and elsewhere on return ............. 14b/ EE C Subtract line 14b from line 14a ...................................................................... 14c i 15. Depletion (Do not deduct oil and gas depletion.) ..................................................... 15 ~ 16 Advertising ......................................................................................... 16 ~R 17 Pension, profit-sharing, etc, plans ..................................................................... 17 ~ 18 Employee benefit programs ......................................................................... 18 T 19 Other deductions (attach statement) ................................................................. 19 N° 20 Total deductions. Add the amounts shown in the far right column for lines 7 through 19.............. ~" 20 s 21 Ordinan/business income (floss). Subtract line 20 from line 6 ......................................... 21 T 22 Tax: a Excess net passive income tax (attach statement) ............................ 22122al XA b Tax from Schedule D (Form 1205) ....................................... c Add lines 22a and 22b (see the instructions for additional taxes) .................................................... 22c NA 23 Payments: a2005 estimated tax payments and amount applied from 2004 return ........... 23a D .b Tax deposited with Form 7004 ........................................... 23b c Credit for Federal tax paid on fuels (attach Form 4136) .................... 23c p A d Add lines 23a through 23c ........................................................................... 23d ~ 24 Estimated tax penalty (see instructions). Check if Form 2220 is attached ....................... " D 24 E 25 Tax due. If line 23d is smaller than the total of lines 22c and 24, enter amount owed .............................. 25 TN 26 Overpayment. If line 23d is larger than the total of lines 22c and 24, enter amount overpaid 26 S 27 Enter amount of line 26 you want: Credited to 2006 estimated tax. ~" Refunded 27 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, and coml Jete..DeclaraUon of preparer (other than taxpayer) is basedon all information of which preparer has any knowledge. , t/’~ //~,~_~ May the IRS discuss this return Here ~ ~.~ with the preparer shown below ~ I~, (see instructions)? ~ Signature of officer ’--- //~ Title ,[~ Yes ~No Date Preparer’s SSN or PTIN Preparer’s Check if self- signature Paid ~’ HENRY KAMPFER employed ..... I Preparer’s Firm’s name WEISBERG, L’ESK & KAMPFER, LLP EIN (or yours if Use Only self-employed), address, and ~’ 1776 E. JERICHO TURNPIKE, #i ZIPcode HUNTI’NGTON, NY 11743-5713 Phoneno. (631) 499-6666 .BAA For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. SPSA0105L 12~08t05 F.orm 11205 (2005) FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 Form 1120S (2005;) ROCIG/ILLE C01!2 Page 2 ISche~dule; Cost of Goods Sold (see instructions) 1 Inventory at beginning of year ........................................................................... 1 2 Purchases ............................................................................................. 2 3 Cost of labor ........................................................................................... 3 4 Additional section 263A costs (attach statement) ......................................................... 4 5 Other costs (attach statement) .......................................................................... 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 page 1, line 2 ......................... 8 9a Check all methods used for valuing closing inventory: (0 [--I Cost as described in Regulations section 1.471-3 (ii) (iii) H Other Lower (specify method of cost or marketused and attachin explanation) as described Regulations section 1.471-4 b Check if there was a writedown of subnormal goods as described in Regulations section 1.471-2(c) ............................... ¯~U Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) ....................... ¯ U d If the LIFO inventory method was used for this tax year, enter percentage (or amounts) of closing inventory computedunder LIFO ......................................................................... e If property is produced or acquired for resale, do the rules of Section 263A apply to the corporation? ............... I~ Yes ~1 No f Was there any change in determining quantities, cost, or valuations between opening ’ and closing inventory? If ’Yes,’ attach explanation ........................................................... :... .No ¯ I~ScheduleB-.i I Other Information (see instructions) No 1 Check method of accounting: (a) [~] Cash (b) [~] Accrual (c) [~ Other (specify)’~" 2 See the instructions and enter the: (a) Business activity ¯ RENTAT, (b) Product or service. ¯ REAT, F.STATF. 3 At the end of the tax year, did the corporation own, directly or indirectly, 50% or more of the voting stock of a domestic corporation? (For rules of attribution, see section 267(c).) If ’Yes,’ attach a statement showing: (a) name, address, andemployer identification number and (b) percentage owned ......................................................... X 4 Was the corporation a member of a controlled group subject to the provisions of section 1561? .......................... X 5 Has this corporation filed, or is it required to file, a return under section 6111 to provide information on any reportable transactionZ ............................................................................................. X 6 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. 7 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 its basis (or the basis of any other property) in the hands of a C corporation and (b)has net unrealized built-in gain (defined in section 1374(d)(1)) in excess of the net recognized built-in gain from prior years, enter the net unrealized built-in gain reduced by net recognized built-in gain from prior years ............................................................... ¯ $ 8 Check this box if the corporation had accumulated earnings and profits at the close of the tax year ................. ¯ 9 Are the corporation’s total receipts (see instructions) for the tax year and its total assets at the end of the tax year less than $250,000? If ’Yes,’ the corporation is not required to complete Schedules L and M-1 ............................... X Note’ If the corporation had assets or operated a business in a foreign country or U.S.possession, it may be required to attach Schedule N (Form 1120~, Foreign Operations of U.S. Corporations, to this return. See Schedule N for details. 1Schedule K, i Shareholders’ Shares of Income~ Deduction%,Credit% ’etc Shareholders’ Pro Rata Share Items Total amount 1 Ordinary business income (loss) (page 1, line 21) ..................................................... 1 2 Net rental real estate income (loss) (attach Form 8825) ............................................... 2 76,774. 3a Other gross rental income (loss) ......................................... .b Expenses from other rental activities (attach statement). .............................. L~. Other net rental income (loss). Subtract line 3b from line 3a ........................................... 3c Interest income ..................................................................................... 4 Dividends:. a Ordinary dividends ................................................................... 5a b Qualified dividends. ...................................... I 5hi Royalties ........................................................................................... 6 Net short-term capital gain (loss) (attach Schedule D (Form 1120S)) ................................... 7 S) 8a Net long-term capital gain (loss) (attach Schedule D (Form 1120S)) .................................... 8a b Collectibles (28%) gain (loss) ............................................ 8b ,~"~, o~, C Unrecaptured section ]250 gain (attach statement) .................................. "~,.,-, ~9 Net section 1231 gain (loss) (attach Form 4797) ...................................................... 9 10 Other income (loss) (see instructions) ................................................................ 10 SPSA0112L 12/08105 Form 11205 (2005) FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 Form 1120S ~2005;) ROCKVILLE CORP Paqe 3 Shareholders’ Pro Rata Share Items (continued) Total amount Deduc- 11 Section ]79 deduction (attach Form 4562) .................................................. 11 tions 12a Contributions .............................................................................. 12a b Investment interest expense ............................................................... 12b c Section 59(e)(2) expenditures (1) Type ~" (2) Amount. ~ 12c (2) d Other deductions (see instructions).. Type ~" 12d Credits 13a Low-income housing credit (section 42(j)(5)) ................................................ and b Low-income housing credit (other) .......................................................... Credit Recap ¢ Qualified rehabilitation expenditures (rental real estate) (attach Forrn3468) ................................... 13c ture d Other rental real estate credits (see instrs) Type ~ 13d e Other rental credits (see instrs) Type ~" f Credit for alcohol used as fuel (attach Form 6478) ........................................... 13f ~ Other credits and credit recapture (see instrs) T~’pe Foreign 14a Name of country or U.S. possession ...... ~" /’~ ~ ; ¯ Trans- b Gross income from all sources ............................................................. 14b actions c Gross income sourced at shareholder level .................................................. 14c Foreign gross income sourced at corporate level: d Passive ................................................................................... 14d e Listed categories (attach statement) ........................................................ 14e f General limitation ......................................................................... 14f Deductions allocated and apportioned at shareholder level: g Interest expense .......................................................................... 14~1 h Other ..................................................................................... 14h Deductions allocated and apportioned at corporate level to foreign source income: ,~’ . ;,~" ~;~ .... i Passive .................................................................................... 14i ¯ j Listed categories (attach statement) ........................................................ 14j k General limitation ......................................................................... 14k Other information: I Total foreign taxes (check one): ~"1 I Paid [__] Accrued .............................. 141 m Reduction in taxes available for credit (attach statement) ......................................................................... 14m n Other foreign tax information (attach statement) .............................................. Alterna- 15a Post-J986 depreciation adjustment ......................................................... 15a 85. tive b Adjusted gain or loss ...................................................................... 15b Mini- mum c Depletion (other than oil and gas) .......................................................... 15c Tax d Oil, gas, and geothermal properties - gross income ......................................... 15d (AMT) Items e Oil, gas, and geothermal properties - deductions ........................................... 15e f Other AMT items (attach statement) ........................................................ 15f Items 16a Tax-exempt interest income ................................................................ 16a Affec- b Other tax-exempt income .................................................................. 16b ting Share- c Nondeductible expenses ................................................................... 16c holder d Property distributions ...................................................................... 16d Basis e Repayment of loans from shareholders ..................................................... 16e Other 17a Investment income ........................................................................ 17a Inform- b Investment expenses ...................................................................... 17b ation c Dividend distributions paid from accumulated earnings and profits ............................ d Other items and amounts ,,’,., (attach statement) .......................................................................... e Income/loss reconciliation. (Required only if Schedule M-1 must be completed.) Combine the amounts on lines 1 through ]0 in the far right column. From the result, subtract the sum of the amounts on lines 11 throuqh 12d and lines 141 ................................ 17e 76,774. BAA Form 1120S (2005) SPSA01341_ ] 2/15/05 FILED: NASSAU COUNTY CLERK 06/13/2022 04:51 PM INDEX NO. 607197/2022 NYSCEF DOC. NO. 36 RECEIVED NYSCEF: 06/13/2022 Form 1120S (~2005) ROCKVILLE CORP Page 4 Note: The corporation is not required to complete Schedules L and M-] if question 9 of Schedule B is answered ’Yes’. Sched~le~l::~!’~ Balance Sheets per Books Beginning of tax year . End of tax year Assets (a) (b) (c) 1 Cash ...................................... ~i": ~ ,~’,’"~’ ~i:!~:_"~:I:< 1,152. :~; ; .’.!~’:f,~<:~ .’ 34,965. 2a Trade notes and accounts receivable ........ b Less allowance for bad debts ................ 3 Inventories. 4 U.S. government obligations ................ 5 Tax-exempt securities ..... 6 Other current assets (attach stmO. .................