EFTA00807082.pdf

10 651113 Schedule K-1 (Form 1065) For calendar year 2013. a tax 2013 0 Final K-1 Amended K-1 Pad III Partner's Share of Current Year Income, OMB No. 1545-0099 Department of the Treasury year beginning Deductions, Credits, and Other Items Internal Revenue Service endne 1 Ordinary business income (loss) 15 Credits Partner's Share of Income, Deductions, —1,930. 79. Credits, etc. It. See separate Instructions. 2 Net rental real estate income Ooss) 16 Foreign transactions 3 Other net rental income (loss) Part I Information About the Partnership A Partnership's employer identification number 4 Guaranteed payments 45-2206962 B Partnership's name, address, city, state, and ZIP code 5 Interest income 52. 372 OUTSMART EXT II LP 6a Ordinary dividends 500 BOYLSTON STREET, SUITE 440 I 17 Alternative min tax (RIOT) items BOSTON, MA 02116 6b Qualified dividends A —2. C IRS Center where partnership filed return E —FILE 7 Royalties I 18 Tax-exempt income and D 0 Check if this is a publicly traded partnership (PIP) 8 Net short-term capital gain (loss) nondeductible expenses I C* 4. 9a Net long-term capital gain (loss) Part II Information About the Partner E Partner's identifying number 9b Collectibles (28%) gain (loss) 19 Distributions 034-26-3468 F Partner's name, address, city, state, and ZIP code 9c Unrecaptured sec 1250 gain 20 Other information AVRAM NOAM CHOMSRY 10 Net section 1231 gain (kiss) 'A 52. B 20. il Other income (loss) Ci General partner or LLC Limited partner or other LLC member-manager member H Ir Domestic partner C Foreign partner I 11 What type of entity is this partner? INDIVIDUAL 12 Section 179 deduction 12 If this partner is a retirement plan (IRIVSENKeoghfetc.), check here U J Partner's share of profit, loss, and capitat 13 Other deductions Beginning Ending K*1 20. Profit 3.7076271% 3.7076271% loss 3.7076271% 3.7076271% Capital 3.7076271% 3.7076271% 14 Self-employment earnings (lossi K Partner's share of liabilities at year end: A 0. Nonrecourse $ OuaMied nonrecourse financing $ 'See attached statement for additional information. Recourse $ 0. L Partner's capital account analysis: Beginning capital account $ 2,351. 2-, Capital contributed during the year $ 8 Current year increase (decrease) $ —1,902. g Withdrawals & distributions $( )2 Ending capital account $ 449. 8 LL 0 Tax basis C GAAP 0 Section 704(b) book 0 Other (explain) M Did the partner contribute property with a built-in gain or loss? 0 Yes El No If -Yes*, attach statement (see instructions) 12-03-13 LHA For Paperwork Reduction Act Notice, see Instructions for Form 1065. IRS.govfiorm1065 Schedule K-1 (Form 1065) 201 10 EFTA00807082  372 OUTSMART EXT II LP 45-2206962 SCHEDULE K-1 PORTFOLIO DEDUCTIONS SUBJECT TO THE 2% FLOOR BOX 13, CODE K DESCRIPTION PARTNER FILING INSTRUCTIONS AMOUNT OTHER DEDUCTIONS 20. TOTAL TO SCHEDULE K-1, BOX 13, CODE K 20. SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C DESCRIPTION PARTNER FILING INSTRUCTIONS AMOUNT NONDEDUCTIBLE EXPENSES - SEE IRS SCH. K-1 INSTRUCTIONS PASSTHROUGH 4. TOTAL TO SCHEDULE K-1, BOX 18, CODE C 4. PARTNER NUMBER 10 EFTA00807083  10 Schedule K-1 (Form 1065) 2013 Page 2 This Ilst Identifiesthe codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040. For detailed reporting and filing information, see the separate Partners Instructions for Schedule K-1 and the instructions for your income tax return. Code Repot on L Empowerment zone I 1. Ordinary business sesame (loss). Deanne whether the :Fame (lose) ts passive or nonpassive and enter on your ream as talon endayment wade M Credit kr incoming research Report on activities See the Partner's Instructions N Credit for employer social Passiveloss See the Partner's Instwabrea securiry and Medicare taxes Passive Atone Schedtde E. line 28. column (g) O Backup withholdng NOnpaSSive Ices Schedule E. lino 28. column 0) P Other credits Nonpassive Income Schedule E. ling 28. column ((I 2, Not rental real estate inaneRoss) See the Partner's InstructiOna Foreign transactions 3. Other net rental income (loss) A Name of country a U.S. Net income Schedule C line 28. column (g) POSSessbon Nailed See the Partner's Instruct/One B Gross income from all sources } Fern 1118. Part 1 4. Guaranteed Pannonia Schedule E. ling 28. column (fl C Gross incase sourced al partner 5. Interest Income Farm 1040. line ea level ea. Ordinary dividends Farm 1040. line So Foreign gran income sourced al partnership level 6b. °alined addend, Form 1040. line fib Schedule E. lined D Passive category 7. Royalties E Genera category Nei Short-term capital gain trots) Schedule D. line S Fenn 1118, Pal 8. F Other 9e. Nel longterm capital gab (l044) Schedule D. line 12 9b. Collectibles (2894I gain pomp 2814 Rale Gan Wakened. Fe 4 Deductions alocated end apportioned at partner level (Schedule D Instructional G Inbred expense Fenn 1118. Part I 9c. Unrecaplwed section 1250 gain See the Partner's Instruct/One H Other Fpm 1116, Pen I 10. Net section t231 gain (loss) See the Partner's Instnicinns 11. Other tricorn° Rosa/ Deductions allocated and appalioned at Panned* level 10 War SOune Code Income A Other neaten° income Ilan) • Involurday conensians C Sec. 1256 contracts& straddles o Minnlendration costs recapture E Cancelatren of debt See the Partners Instructions See the Partner's Instrucinns Form 6781. lino I See Pub. 535 Farm 1040. line 21 a Fern 982 I Passive Categalf J General category K Caw Other intern titan L Total foreign taxes paid j r Fpm 1115. Pert I Ram 116. Pal I F Other Income (IOW See the Partner's Instruct/OM M Total foreign taxes accrued Fern 1118. Part N Reduction n taxes available to credit Fpm 1116. line 12 12. Section 179 deduction See the Partner's Instructrons O Foreign trading gross resents Fenn 8873 13. Otrin deductions P ExIrdarilorial incase exclusion Ram 8873 I A Cash contributions (5016) O Other foreign ',andante) See the Partner's Instructions 8 Cash contribution (30%) C Noncash contributions 00%) Alternative minimum tax (A/41) Nerve I/. O Noncash contributions (3M) See the Pain's Instrucinns 1 A Post-1986 depreciation adjustment E Cadiz' gain Protein to a 50% See the Partner's organization (3096) B Adjusted gains loss C Depletion falba then oil & gas) Instructions and F Capital gain property (20%) D 08. gas. 8 geothermal - gross income the Instructions for • Centrieutions (100%) Form 4952. line 1 E 01.608. 8 geothermal - deductions Ram 6251 • Investment inbred exPenile I Deductions - royalty inflame Schedule E. lino 19 F Other AMT items J Section 59(02) expenditures See the Partners InstructrOna 18. Tax-exempt income arid nondeductible expenses K Deductions - POrelono (2% Ilea) Schedule A. Fe 23 A Tax.oxempl Interest Income Fenn 1040. line 8b I. Deductions - sadder (00w) ScheduleA. ,e 28 See the Partner's Instructions • One lax-exempt income M Amounts paid la medics materna Schedule A. Ina 1 a Form 1040. line 29 See the Partner's Instructions C Nondeductible expenses N E04cotional assistance benefits See the Partners Instructions O Dependent care benefits Farn 2441. line 12 19. Distributions i P PreProductIve period expenses See the Partner's Instructors A Cash and marketable securities O Crirriernal revitalization deduction See Form 8582 haucbons B Oistributron subject to section 737 f See the Partner's Instructions horn rental real estate activities C Olhor PrOPern R Pensioner and IRAS See the Partner's Inattention. Other Intimation S Ada estanan expense deduction See the Partner's Instructions A Investment Income Fpm 4962. an 4e T Domestic production activities See Form 8903 Mahican:a Fenn 4952. Fe 5 B Investment expenses intone/dial Rini 4136 C Fuel tax neat information U Ouellied prediction activities Income Fain 8903. line lb D Qualified rehab:Malian expenditures ✓ Employers Form W.2 wages Form 8903. line I7 Seethe Partner's Instructions (other than rental real estate) W Other deductions See the Partner's Instruction* E Basis of energy property See the Partners Instructions F Recapture ol low-income hound 14. SeRempleyment earnings (loss) awn Realm 42(015e Ram 8611. line 8 G Recapture ol low-income homing Note. it you have a section 179 deduction a any partner-level deductions. Fe awn loner) For,, 8611. line 8 the Partners Instructions beforecarotenes Schedule SE. Soo Form 4255 H Recapture of investment coal A Net earnings (loss) ken Schedule SE. Section A of B I Recapture of other credits See the Panne's Instructions siderryloyment Look-back Interest -completed B Gross (arming or %lad ncome See the Partner's Instructions bng-term contracts See Form 8697 C Gross non.farm income See the Partner's Instructions I( Look-back interest - Income fOlOCOSt method See Fcrm 8856 15. credit* I. Dispositions of property with A Low-insane housing credit section 179 deductions (section 42aX5N ROM pre-2008 M Recapture of section 179 deduction buildings N Interest expense for corporate partners 8 Lowincome housing credit O Section 453(0(3)irdormation {other) from pre-2008 buldings P Section 4530(c)trdamallon C Low.incerne housing credit Weans O Section 1260tb)irdormation 'IRON from post-2007 balding, R Interest allocable to production See the Partner's O Low income housing credit (other) See the Partner's Instrucinns expenditures Instructions from pad-2007 bulking* S CCF nonquaklied withdrawals E °toiledrenabililaticn expenditures T Depletion Information - oil and gas Venial real estate) ✓ Arra:ell:anon of reforestation costs F Other rental real estate credits ✓ Unrelated business taxable insane G Other rental credits W Precontrioution gain (bss) • Undistributed cannel Oahe Cleat Form 1040. line 71; check box a If Section 108(i) inlarraticn Bioko' producer credit Y Nol investment income J Walt opportunity credit } See the Partners inetnrabilli Z Other intonnation K Disabled aeons credit 311262 12-03-13 10 EFTA00807084  lo MAINE Partner's Maine Information SCHEDULE K-1 For Calendar Year 2013 or Fiscal Year 2013 EQUIVALENT Beginning , 2013; and Ending Partners Name and Address Partners IDd: 034-26-3468 Type of entity: INDIVIDUAL AVRAM NORM CHOMSKY State of residence: MA 15 SUZANNE ROAD Profit 3.7076271% LEXINGTON, MA 02420 Apportionment .0000% Partnership's Name and Address Partnership's Identifying Number: 45-2206962 372 OUTSMART EXT II LP 500 BOYLSTON STREET, SUITE 440 Final K 1 C Amended K-1 BOSTON, MA 02116 (o) 1.0 (a) Distributive Share Items Attributable Attributable Everywhere Maine 1. Ordinary income (loss) from trade or business activities —1,930.00 0.00 2. Net income (loss) from rental real estate activities 3. Net income (loss) from other rental activities 4. Portfolio income (loss): a. Interest 52.00 0.00 b. Dividends c. Royalties d. Net short-term capital gain (loss) e. Net long-term capital gain (loss) f. Other portfolio income (loss) 5. Guaranteed payments to partners 6. Net section 1231 gain (loss) 7. Other income (loss) 8. Total income before adjustments —1,878.00 0.00 Subtractions from income: 9. U.S. government bond interest 10. Interest from Maine bonds 11. Work opportunity credit and empowerment zone credk deduction 12. Income not taxable under the constitution of Maine or the laws of the U.S. 13. Income from ownership interest in pass-through entity financial institutions 14. Fiduciary adjustment 15. Charitable contributions 16. Bonus depreciation recapture 17. Section 179 expense 18. Deductions related to pordotio income 20.00 0.00 19. Investment interest 20. Foreign taxes 21. Section 59(eX2) expenditures 22. Other subtractions Additions to income: 23. Interest from state and municipal bonds 24. Discharge of indebtedness deferred pursuant to IRC 108(i) 25. Bonus depreciation 26. Other additions 27. Total adjustments —20.00 28. Total income —1,898.00 0.00 29. Partners share of passthrough entity withholding 555571 05-01-15 EFTA00807085  r 2013 Schedu e 3K-I MA133K111019 Partner's Massachusetts Information ye.betotliv 01012013 (twirl 12312013 034-26-3468 MA 02420 45 2206962 MA 02116 A. Type of entity X Individual resident Individual nonresident Trust or estate S corporation Corporation Partnership or other PTE IRA Disregarded entity Exempt org B. Type of partner X Limited General C. Type of form submission Final Amended 3K-1 D. Was there a sale, transfer or liquidation of any part of this partnership interest during the tax year? Yes X No E. Did the partnership participate in one or more installment sales transactions? Yes X No If Yes, indicate whether information has been communicated to the partner to calculate an addition to Massachusetts tax under ch. 62C, sec. 32A based on the following Internal Revenue Code (IRC) provisions (check all that apply) IRC 453A IRC 453(1)(2)(6) Partner's Distributive Share 1. Massachusetts ordinary income or loss -1918 2. Guaranteed payments to partners (deductible and capitalized) 2 3. Separately stated deductions 3 4. Combine lines 1 through 3 4 -1918 5. Credits available a. Taxes due to another jurisdiction (full-year and part-year residents only) 58 b. Lead Paint 5b c. Economic Opportunity Area Economic Development Incentive Program 5c d. Storm'ields 5d e. Low-Income Housing 5e f. Historic Rehabilitation 5f g. Film Incentive 5g h. Medical Device 5h i. Employer Wellness Program 5I F Refundable Film Credit 5j k. Refundable Dairy Credit 5k I. Refundable Conservation Tax Credit 5I m. Total credits 5m 6. Net income or loss from rental real estate activity 6 357821 12-03-13 L 03/21/2014 12:13:38 J EFTA00807086  Il 2013 Schedu e 3K-1, pg. 2 MA133K121019 Partner's Massachusetts Information 034-26-3468 7. Net income or loss from other rental activity 7 8. Interest from U.S. obligations 8 9. Interest (5.25%) from Massachusetts banks 9 52 10. Other interest and dividend income 10 11. Non-Massachusetts state and municipal bond interest 11 12. Royalty income 12 13. Short-term capital gains 13 14. Short-term capital losses 14 15. Gain on the sale, exchange or involuntary conversion of property used in a trade or business held for one year or less 15 16. Loss on the sale, exchange, or involuntary conversion of property used in a trade or business held for one year or less 16 17. Long-term capital gain or loss 17 18. Net gain or loss under Section 1231 18 19. Long-term gains on colectibles and pre-1996 installment sales 19 20. Differences and adjustments 20 Corporate Partner Information 21. State and municipal bond interest not included in U.S. net income 21 22. Foreign, state or local income, franchise, excise or capital stock taxes deducted from U.S. net income 22 23. Other adjustments, if any 23 Reconciliation of Partner's Capital Account 24. Balance at the beginning of the year 24 2351 25. Massachusetts net income for the year 25 -1866 26. Entire net income for the year 26 -1902 27. Capital contributions 27 28. Withdrawals 28 29. Balance at end of year 29 449 357622 12.33.13 L 03/21/2014 12:13:38 J EFTA00807087  2013 Schedu e 3K-1, pg. 3 MA133K131019 Partner's Massachusetts Information 034-26-3468 Partner's Share of Profit, Loss and Capital 30. Percentage of profit Beginning 0.03708 Ending 0.03708 31. Percentage of loss Beginning 0.03708 Ending 0.03708 32. Percentage ot capital Beginning 0.03708 Ending 0.03708 33. Non-recourse liabilities Ending 34. Qualified non-recourse financing Ending 35. Recourse liabilities Ending Pass-through Entity Payment and Credit Information Declaration election code Withholding Composite Member self-file Exempt PTE Insurance company Non-profit Exempt corporate limited partner 36. Withholding amount 36 37. Payments made in a composite filing 37 38. Credit for amounts withheld by lower-tier enfity(ies) IP, 38 Payer ID number Off• 39. Payments made with a composite filing by lower-tier entity(ies) 39 357623 12.03.13 L 03/21/2014 12:13:38 J EFTA00807088  372 OUTSMART EXT II LP 45-2206962 MA SCHEDULE 3K-1 FOOTNOTES NON-RESIDENT LIMITED PARTNERS ARE NOT REQUIRED TO FILE A MASSACHUSETTS NON-RESIDENT INCOME TAX RETURN WITH RESPECT TO THE INCOME EARNED BY THIS PARTNERSHIP UNDER MGL CHAPTER 62 SECTION 5A SINCE THE PARTNERSHIP IS ENGAGED EXCLUSIVELY IN BUYING, SELLING, DEALING IN OR HOLDING SECURITIES ON ITS OWN BEHALF AND NOT AS A BROKER PARTNER NUMBER 10 EFTA00807089