Version v3, none of our changes applied yetStage Review
Actions are recorded as the role you choose. There is no sign-in in this demo, so pick the person whose view you want.
Story time 23 Jun 2026, 06:05 UTC
Viewing as Daniel Ortiz, reviewerReviewer: you note, verify, apply and sign off.

About this workspace

Demo

Taxmark is a web-native workpaper for one household's 2025 return: click any number to see the page and field it came from, the rule that built it, who checked it and what is still open.

74 documents3,012 values read from them3 computed versions627 lines on v329 events in the timeline

Try: open Checks as Daniel, click California estimates, then switch role in “Viewing as” to see what each person may see and do.

Every action is saved as an event in this workspace (/w/gwxn6k5xxe); open the root link again for a clean copy. Anything not in the packet is tagged Example.

Legends

  • Blockingstops filing
  • Check failedour check disagrees
  • Judgmentneeds a recorded decision
  • Engine warningfrom the engine only
  • Notea finding for information; nothing to act on
  • No open checksnothing open on this line
  • Adjustedchanged in this workspace
  • Proposedan adjustment waiting for a reviewer to apply it
  • Swingmoved past the firm’s variance rule from last year
  • New this yearno amount last year
  • Signeda sign-off covers this value
  • Stalethe value changed after it was signed
  • As filed, lockedaccepted by the agency; later work attaches on top
  • Examplenot in the packet: an illustration

Pills on Checks

  • Blockeran open item that stops partner approval: a problem our check found, or a line waiting for the engine to re-run
  • Opena blocker still open when the return was signed or filed
  • Checkour check disagrees; it does not stop approval
  • Judgmentour check needs a recorded decision
  • Infoour check notes it; nothing to act on
  • AIthe AI agent flagged this item; a person accepts or dismisses each suggestion
  • Needs reviewan AI suggestion no one has decided yet (Accepted once someone has)
  • Engine warningthe engine’s own warning names this item, quoted as it wrote it; not one of our checks
  • Confident mistakeflagged by our checks, though every value behind it was read at 0.95 or above. The checks were built from the mistakes our external investigation found.
  • Clearedclosed with a reason, or by an adjustment (Adjusted)
  • Signed offa sign-off covers this finding

Deadlines on the story clock

15 Apr 2026Federal Form 1040 and California 540NR - original due datePassed 70 days ago
15 Oct 2026Extended due date (federal and California)In 113 days
27 Mar 2026Internal: preparer hand-off to reviewPassed 89 days ago
08 Apr 2026Internal: review completePassed 77 days ago
15 Oct 2026FinCEN 114 (FBAR) automatic extended due date (outside engagement)In 113 days
02 Feb 2026Forms 1099-NEC for 2025 contractor payments (late; outside engagement)Passed 142 days ago

Firm standards

A starting point. Applicants may change, extend or replace these through the firm administrator role.
Rules (7)
“A person may not review or sign off on work they prepared.”Review: sign-off disabled on your own adjustment
“Any adjustment with a tax effect over 1,000 (federal or state) requires partner sign-off.”Review: partner items; approval waits for them
“Every judgment call records the authority relied on.”Drawer: decisions record their authority
“Due diligence must be documented for the child tax credit, credit for other dependents, American opportunity credit, earned income credit and head of household status.”Drawer: due diligence decisions
“Open review notes block filing.”Review: blocking notes stop approval
“Staff without sensitive-data clearance see SSNs, bank and account numbers and IP PINs masked; every unmasked view is logged.”Everywhere: last 4 only; reveals logged on Review, View log
“Records are retained 7 years after filing, then destroyed.”Filing: the as-filed record is locked, not deleted
The 12 required steps
  1. Engagement letter and consents signed
  2. Identity verified
  3. Prior-year return reviewed
  4. All documents accounted for
  5. Prior-year variances explained
  6. Carryovers agreed to prior year
  7. Estimated payments agreed to IRS and FTB records
  8. Due diligence completed
  9. Diagnostics resolved
  10. Reviewer sign-off
  11. Partner sign-off
  12. Client approval and e-file authorization
Verification types
  • Agreed to source document
  • Recalculated
  • Confirmed with client
  • Agreed to prior year
  • Agreed to third party record
Review levelsPreparer, Reviewer, Partner
Variance reviewCompare to Prior year; flag when the change is over 10% and over 1,000.

People and clearance

NameRoleCredentialSensitive dataActive fromNote
Priya RamanPreparerCleared01 Aug 2025
Daniel OrtizReviewerCPACleared04 Jan 2021
Helen StrandPartnerCPACleared01 May 2018
Marcus BellPreparerNo clearance24 Mar 2026Background check pending; no access to full SSNs or bank numbers.
Jo KimuraFirm administratorCleared10 Feb 2020
Sam AdeyemiQuality reviewerCPACleared04 Jan 2027 Later
Ngozi OkaforClientOwn items only
Erik LindqvistClientOwn items only

Assignment at the start: Preparer Priya Raman · Reviewer Daniel Ortiz · Partner Helen Strand

Time against budget

AreaBudget (h)Logged (h)Left (h)Status
Intake and engagement1.501.5None logged
Wages and stock compensation303None logged
Investments and digital assets404None logged
Business3.503.5None logged
Rentals and sale3.503.5None logged
Pass throughs and basis202None logged
Deductions and credits202None logged
California1.501.5None logged
Partner review101None logged
Total22022

Budget from the packet. Logged time is what people record in this workspace; the packet has no time records.

How AI was used

The mistakes our checks catch were found during an AI-assisted review of the packet and are now caught by deterministic checks.

An AI agent investigated the whole packet with the app’s own tools, identifiers masked, and suggested issues with quotes. Its suggestions appear only on the final computed version, after each quote is found on its page, and a person accepts or dismisses each one.

Return overview

FederalNot sent
CaliforniaNot sent
ExtensionFiled 14 Apr 2026 with 36,000, estimated from v2
Return summary against last year68 swings over the firm's variance rule; 194 lines new this year

v3 summary

Federal: AGI445,590
Federal: Taxable income346,913
Federal: Total tax81,962
Federal: Payments77,742
Federal: Balance due4,220
Federal: Penalty164
California: Total AGI481,096
California: CA AGI305,349
California: Total tax18,874
California: Payments27,130
California: Refund8,256
California: Penalty0

Against the 2024 return: 68 lines over the firm's variance rule

LineLabel20242025ChangeFlag
F1040.1aWages (Forms W-2, box 1)156,039212,40056,361Swing
SchB.1.2Interest - Northlake Bank, N.A.5601,8401,280Swing
F1040.2bTaxable interest2,3106,4504,140Swing
F8606.3Add lines 1 and 27,00014,0007,000Swing
F8606.14Basis carried to 20267,0000-7,000Swing
SchC.1Gross receipts128,400163,70035,300Swing
SchC.44aBusiness miles (Part IV)7,40011,8004,400Swing
SchC.9Car and truck expenses (standard mileage)4,9588,2603,302Swing
SchC.11Contract labor12,4007,400-5,000Swing
SchC.24aTravel6,1004,520-1,580Swing
SchC.28Total expenses55,00080,64625,646Swing
SchC.29Tentative profit73,40083,0549,654Swing
SchC.31Net profit71,90081,8549,954Swing
SchSE.12Self-employment tax10,15911,5651,406Swing
Sch1.17Self-employed health insurance deduction014,40014,400Swing
SchE.14ARepairs - property A3,90013,3009,400Swing
SchE.20ATotal expenses - property A44,01953,1579,138Swing
SchE.21AIncome or (loss) - property A-7,419-15,957-8,538Swing
SchE.3BRents received - property B18,12820,2502,122Swing
SchE.12BMortgage interest - property B9,2006,900-2,300Swing
SchE.14BRepairs - property B6,8001,800-5,000Swing
SchE.16BTaxes - property B6,9005,544-1,356Swing
SchE.18BDepreciation - property B9,2587,329-1,929Swing
SchE.20BTotal expenses - property B38,12826,773-11,355Swing
SchE.21BIncome or (loss) - property B-20,000-6,52313,477Swing
SchD.7Net short-term gain or (loss)-6,20038,14644,346Swing
SchD.15Net long-term gain or (loss)-11,000146,881157,881Swing
SchD.16Combine lines 7 and 15-17,200185,027202,227Swing
F1040.7Capital gain or (loss)-3,000185,027188,027Swing
F8582.1bRental activities with net loss-27,419-22,4804,939Swing
F8582.1cPrior-year unallowed rental losses-13,531-16,150-2,619Swing
F8582.4Combine lines 1d and 3d-16,15093,210109,360Swing
SchE.22ADeductible rental loss after limitation - property A-9,674-22,257-12,583Swing
SchE.26Total rental real estate income or (loss)-24,800-38,630-13,830Swing
SchE.41Total income or (loss)0-11,830-11,830Swing
Sch1.3Business income (Schedule C)71,90081,8549,954Swing
Sch1.5Rental real estate, partnerships, S corporations (Schedule E)0-11,830-11,830Swing
F1040.9Total income233,489480,987247,498Swing
F1040.10Adjustments to income5,08035,39730,317Swing
F1040.11Adjusted gross income228,409445,590217,181Swing
F1040.12Itemized deductions29,20085,70656,506Swing
F1040.13Qualified business income deduction16,74412,971-3,773Swing
F1040.15Taxable income182,465346,913164,448Swing
F1040.16Tax (Schedule D tax worksheet)29,89859,72729,829Swing
F2441.2Qualified expenses - Theo6,2009,6003,400Swing
F1040.19Child tax credit / credit for other dependents2,500400-2,100Swing
F1040.23Other taxes from Schedule 2, line 2110,15919,1609,001Swing
F1040.24Total tax37,55781,96244,405Swing
F1040.25aFederal income tax withheld (Forms W-2)31,95025,400-6,550Swing
F1040.262025 estimated tax payments6,00013,0007,000Swing
F1040.33Total payments37,95077,74239,792Swing
SchC.27aOther expenses (software 9,800; bank fees 290; print production 7,982)18,072not on the 2025 return-18,072Swing
SchD.21Capital loss allowed-3,000not on the 2025 return3,000Swing
F8582.unallowed.AUnallowed loss carried to 2025 - 1450 Fremont Way-6,300not on the 2025 return6,300Swing
F8582.unallowed.BUnallowed loss carried to 2025 - 1200 Barton Hills Dr 4C-9,850not on the 2025 return9,850Swing
F8995.15QBI deduction16,744not on the 2025 return-16,744Swing
F8938Form 8938 maximum value of foreign deposit account151,880not on the 2025 return-151,880Swing
CA540.13Federal AGI228,409not on the 2025 return-228,409Swing
CA540.SchCA.addsSchedule CA additions (employer HSA contributions)2,400not on the 2025 return-2,400Swing
CA540.17California AGI230,809not on the 2025 return-230,809Swing
CA540.18California standard deduction11,080not on the 2025 return-11,080Swing
CA540.19Taxable income219,729not on the 2025 return-219,729Swing
CA540.31Tax13,740not on the 2025 return-13,740Swing
CA540.32Exemption credits1,220not on the 2025 return-1,220Swing
CA540.64Total tax12,520not on the 2025 return-12,520Swing
CA540.71California income tax withheld8,280not on the 2025 return-8,280Swing
CA540.72Estimated tax payments (paid 2025-01-15)3,000not on the 2025 return-3,000Swing
CA540.111Amount you owe (paid 2025-03-28)1,240not on the 2025 return-1,240Swing
All 632 lines compared with 2024, including 194 new this year
LineLabel20242025ChangeFlag
F1040.1aWages (Forms W-2, box 1)156,039212,40056,361Swing
F1040.1zTotal wages212,400212,400New
SchB.1.1Interest - Northlake Securities - bank sweep (composite 1099-INT)1,1801,840660
SchB.1.2Interest - Northlake Bank, N.A.5601,8401,280Swing
SchB.1.3Interest - Meridian Brokerage - U.S. Treasury interest220410190
SchB.1.4Interest - Austin Community Credit Union350312-38
SchB.1.5Interest - Sacramento Valley Bank9696
SchB.1.6Interest - Sparbanken Norrland (SEK 18,450.00 at 10.56 SEK/USD)1,7471,747New
SchB.1.7Interest - Lindqvist Family Woodworks, Inc. (K-1 box 4)8585
SchB.1.8Interest - Ridgeline Real Estate Fund III LP (K-1 box 5)120120
SchB.2Total interest6,4506,450New
SchB.4Taxable interest6,4506,450New
F1040.2bTaxable interest2,3106,4504,140Swing
SchB.5.1Ordinary dividends - Northlake Securities2,4802,940460
SchB.5.2Ordinary dividends - Meridian Brokerage3,7604,120360
SchB.6Total ordinary dividends7,0607,060New
F1040.3aQualified dividends5,0105,970960
F1040.3bOrdinary dividends6,2407,060820
F8606.1Nondeductible contributions for 20257,0007,0000
F8606.2Total basis in traditional IRAs (2024 Form 8606 line 14)7,0007,000New
F8606.3Add lines 1 and 27,00014,0007,000Swing
F8606.5Line 3 minus line 414,00014,000New
F8606.6Value of traditional IRAs at 12/31/202500
F8606.8Net amount converted to Roth14,02614,026New
F8606.9Add lines 6, 7, 814,02614,026New
F8606.10Line 5 divided by line 911
F8606.11Nontaxable portion converted14,00014,000New
F8606.13Nontaxable portion of all distributions14,00014,000New
F8606.14Basis carried to 20267,0000-7,000Swing
F8606.16Amount converted14,02614,026New
F8606.17Basis in amount converted14,00014,000New
F8606.18Taxable amount of conversion2626
F1040.4aIRA distributions14,02614,026New
F1040.4bTaxable amount2626
SchC.1Gross receipts128,400163,70035,300Swing
SchC.5Gross profit163,700163,700New
SchC.7Gross income163,700163,700New
SchC.8Advertising1,9002,100200
SchC.44aBusiness miles (Part IV)7,40011,8004,400Swing
SchC.44bCommuting miles00
SchC.44cOther miles5,9405,940New
SchC.9Car and truck expenses (standard mileage)4,9588,2603,302Swing
SchC.11Contract labor12,4007,400-5,000Swing
F4562-C.12Section 179 expense deduction00
F4562-C.14Special depreciation allowance (100%)38,00038,000New
F4562-C.19aMACRS 5-year property placed in service 202500
F4562-C.22Total depreciation (Schedule C)38,00038,000New
SchC.13Depreciation and section 17938,00038,000New
SchC.15Insurance (other than health)1,3501,450100
SchC.17Legal and professional services1,5001,800300
SchC.18Office expense1,0501,180130
SchC.22Supplies2,9003,240340
SchC.24aTravel6,1004,520-1,580Swing
SchC.24bDeductible meals (50%)1,6501,980330
SchC.25Utilities (telephone and internet)3,1203,480360
SchC.27a.1Other expenses - software and subscriptions6,8506,850New
SchC.27a.2Other expenses - bank and merchant fees386386
SchC.28Total expenses55,00080,64625,646Swing
SchC.29Tentative profit73,40083,0549,654Swing
SchC.30Home office (simplified method, average 240 sq ft x $5)1,5001,200-300
SchC.31Net profit71,90081,8549,954Swing
SchSE.2Net profit from Schedule C81,85481,854New
SchSE.4aNet earnings (x 92.35%)75,59275,592New
SchSE.6Total net earnings75,59275,592New
SchSE.10Social security portion9,3739,373New
SchSE.11Medicare portion2,1922,192New
SchSE.12Self-employment tax10,15911,5651,406Swing
SchSE.13Deduction for one-half of SE tax5,0805,783703
Sch1.16SEP deduction15,21415,214New
Sch1.17Self-employed health insurance deduction014,40014,400Swing
Sch1.15Deductible part of self-employment tax5,0805,783703
F8889.3HSA contribution limit (family)8,5508,550New
F8889.9Employer contributions (W-2 code W)6,0006,000New
F8889.13HSA deduction00
F8889.14aTotal distributions2,1502,150New
F8889.15Qualified medical expenses paid2,1502,150New
F8889.16Taxable HSA distributions00
Sch1.13Health savings account deduction00
F4562-E.total-ADepreciation - 1450 Fremont Way13,89113,891New
F4562-E.total-BDepreciation - 1200 Barton Hills Dr 4C7,3297,329New
SchE.3ARents received - property A36,60037,200600
SchE.9AInsurance - property A1,8001,85050
SchE.11AManagement fees - property A2,9282,97648
SchE.12AMortgage interest - property A15,40014,900-500
SchE.14ARepairs - property A3,90013,3009,400Swing
SchE.16ATaxes - property A6,1006,240140
SchE.18ADepreciation - property A13,89113,8910
SchE.20ATotal expenses - property A44,01953,1579,138Swing
SchE.21AIncome or (loss) - property A-7,419-15,957-8,538Swing
SchE.3BRents received - property B18,12820,2502,122Swing
SchE.9BInsurance - property B1,0501,10050
SchE.12BMortgage interest - property B9,2006,900-2,300Swing
SchE.14BRepairs - property B6,8001,800-5,000Swing
SchE.16BTaxes - property B6,9005,544-1,356Swing
SchE.18BDepreciation - property B9,2587,329-1,929Swing
SchE.19BOther (HOA dues) - property B4,9204,100-820
SchE.20BTotal expenses - property B38,12826,773-11,355Swing
SchE.21BIncome or (loss) - property B-20,000-6,52313,477Swing
F4797.21Gross sales price395,000395,000New
F4797.22Cost or other basis plus expense of sale340,300340,300New
F4797.23Depreciation allowed50,34050,340New
F4797.24Adjusted basis289,960289,960New
F4797.25Total gain105,040105,040New
F4797.26gAdditional depreciation after 1975 (section 1250)00
F4797.32Section 1231 gain from Part III105,040105,040New
F4797.7Net section 1231 gain105,040105,040New
F4797.8Nonrecaptured section 1231 losses from prior years00
F4797.9Section 1231 gain to Schedule D105,040105,040New
F7203.1Stock basis at beginning of year2,3002,300New
F7203.3aOrdinary business income18,40018,400New
F7203.3cInterest income8585
F7203.4Total increases18,48518,485New
F7203.5Stock basis before distributions20,78520,785New
F7203.6Distributions42,00042,000New
F7203.7Stock basis after distributions00
F7203.15Ending stock basis00
F7203.excessDistributions in excess of basis (capital gain)21,21521,215New
F8949.B.N1Corvane Systems Inc (RSU) (acquired 2025-02-15, sold 2025-02-18; proceeds 19,240.00, basis 0.00)19,24019,240New
F8949.A.N2Corvane Systems Inc (ESPP) (acquired 2024-06-28, sold 2025-03-10; proceeds 6,600.00, basis 3,825.00, adjustment B -675.00)2,1002,100New
F8949.B.N3Corvane Systems Inc (RSU) (acquired 2025-05-15, sold 2025-05-20; proceeds 18,480.00, basis 0.00)18,48018,480New
F8949.E.N4Corvane Systems Inc (RSU) (acquired 2023-08-15, sold 2025-08-12; proceeds 15,300.00, basis 0.00)15,30015,300New
F8949.D.N5Northlake Total Market Index Fund (acquired 2019-04-02, sold 2025-09-04; proceeds 8,400.00, basis 5,580.00)2,8202,820New
F8949.D.M1Harbor Lane Growth ETF (acquired 2023-05-10, sold 2025-01-22; proceeds 6,420.00, basis 4,980.00)1,4401,440New
F8949.A.M2Cascade Dividend Fund (acquired 2024-02-14, sold 2025-02-03; proceeds 4,312.00, basis 4,550.00)-238-238
F8949.A.M3Pinecrest Semiconductor Corp (acquired 2024-11-18, sold 2025-03-05; proceeds 5,180.00, basis 6,040.00)-860-860
F8949.A.M4Pinecrest Semiconductor Corp (acquired 2025-03-20, sold 2025-04-11; proceeds 2,905.00, basis 3,210.00)-305-305
F8949.D.M5Bluewater Energy Inc (acquired 2022-08-01, sold 2025-04-28; proceeds 3,960.00, basis 4,410.00)-450-450
F8949.A.M6Pinecrest Semiconductor Corp (acquired 2025-02-10, sold 2025-03-05; proceeds 3,885.00, basis 4,620.00, adjustment W 512.00)-223-223
F8949.D.M7Summit Health Partners (acquired 2021-06-15, sold 2025-05-19; proceeds 7,140.00, basis 5,220.00)1,9201,920New
F8949.A.M8Harbor Lane Growth ETF (acquired 2024-09-03, sold 2025-06-02; proceeds 4,690.00, basis 4,165.00)525525
F8949.D.M9Northgate Rail Corp (acquired 2020-01-10, sold 2025-06-24; proceeds 5,520.00, basis 4,880.00)640640
F8949.D.M10Cascade Dividend Fund (acquired 2023-03-01, sold 2025-07-08; proceeds 3,885.00, basis 3,640.00)245245
F8949.A.M11Bluewater Energy Inc (acquired 2025-05-01, sold 2025-07-30; proceeds 1,840.00, basis 2,260.00, adjustment W 420.00)00
F8949.A.M12Meadowlark Biotech (acquired 2024-12-02, sold 2025-08-14; proceeds 2,460.00, basis 4,100.00)-1,640-1,640New
F8949.D.M13Summit Health Partners (acquired 2022-10-11, sold 2025-09-09; proceeds 4,880.00, basis 3,560.00)1,3201,320New
F8949.D.M14Harbor Lane Growth ETF (acquired 2024-09-15, sold 2025-09-22; proceeds 6,165.00, basis 5,310.00)855855
F8949.D.M15Ironwood REIT (acquired 2023-07-19, sold 2025-10-06; proceeds 3,795.00, basis 4,275.00)-480-480
F8949.A.M16Meadowlark Biotech (acquired 2025-08-20, sold 2025-11-03; proceeds 1,180.00, basis 1,040.00)140140
F8949.D.M17Cascade Dividend Fund (acquired 2022-04-12, sold 2025-12-01; proceeds 3,498.00, basis 3,120.00)378378
F8949.D.X1Harborview Insurance (acquired 2023-09-13, sold 2025-05-16; proceeds 2,099.00, basis 2,142.45)-43.45-43.45
F8949.A.X2Ivory Semis (acquired 2024-10-14, sold 2025-02-25; proceeds 507.14, basis 481.59)25.5525.55
F8949.D.X3Delmar Pharma (acquired 2024-08-01, sold 2025-09-29; proceeds 282.95, basis 251.15)31.831.8
F8949.D.X4Lumen Optics (acquired 2023-01-04, sold 2025-09-08; proceeds 244.57, basis 265.33, adjustment W 20.76)00
F8949.D.X5Acadia Robotics (acquired 2024-01-16, sold 2025-05-28; proceeds 366.59, basis 433.86, adjustment W 67.27)00
F8949.A.X6Redwood Media (acquired 2024-04-08, sold 2025-03-20; proceeds 1,229.65, basis 1,382.85)-153.2-153.2
F8949.D.X7Northwind Air (acquired 2023-06-14, sold 2025-02-27; proceeds 575.16, basis 609.16)-34-34
F8949.D.X8Juniper Cloud (acquired 2023-10-12, sold 2025-03-27; proceeds 524.69, basis 586.55)-61.86-61.86
F8949.D.X9Eastline Utilities (acquired 2023-08-28, sold 2025-11-24; proceeds 2,229.99, basis 2,303.62)-73.63-73.63
F8949.A.X10Silverline Energy (acquired 2024-12-11, sold 2025-04-09; proceeds 865.46, basis 830.42)35.0435.04
F8949.A.X11Delmar Pharma (acquired 2025-02-27, sold 2025-04-15; proceeds 1,232.43, basis 1,199.55)32.8832.88
F8949.D.X12Delmar Pharma (acquired 2023-03-03, sold 2025-08-19; proceeds 1,059.01, basis 936.70)122.31122.31
F8949.D.X13Juniper Cloud (acquired 2023-01-10, sold 2025-06-23; proceeds 1,453.14, basis 1,599.16)-146.02-146.02
F8949.D.X14Cedar Logistics (acquired 2023-01-03, sold 2025-05-29; proceeds 1,320.91, basis 1,170.25)150.66150.66
F8949.D.X15Lumen Optics (acquired 2023-12-01, sold 2025-11-03; proceeds 477.70, basis 449.52)28.1828.18
F8949.A.X16Delmar Pharma (acquired 2025-07-17, sold 2025-11-19; proceeds 738.78, basis 717.05)21.7321.73
F8949.D.X17Delmar Pharma (acquired 2024-02-22, sold 2025-08-25; proceeds 1,680.45, basis 1,816.05)-135.6-135.6
F8949.D.X18Juniper Cloud (acquired 2023-09-20, sold 2025-06-13; proceeds 992.28, basis 1,125.53)-133.25-133.25
F8949.A.X19Bayfront Foods (acquired 2024-07-15, sold 2025-04-07; proceeds 1,525.72, basis 1,471.34)54.3854.38
F8949.D.X20Quarry Materials (acquired 2023-02-21, sold 2025-06-09; proceeds 1,081.90, basis 1,094.51)-12.61-12.61
F8949.D.X21Lumen Optics (acquired 2023-12-13, sold 2025-07-10; proceeds 1,516.50, basis 1,493.72)22.7822.78
F8949.A.X22Harborview Insurance (acquired 2024-06-12, sold 2025-05-05; proceeds 2,215.10, basis 2,030.89)184.21184.21
F8949.A.X23Juniper Cloud (acquired 2024-10-03, sold 2025-03-24; proceeds 1,829.29, basis 2,195.02)-365.73-365.73
F8949.D.X24Keystone Rail (acquired 2023-05-18, sold 2025-03-13; proceeds 2,201.23, basis 1,981.47)219.76219.76
F8949.A.X25Keystone Rail (acquired 2024-06-10, sold 2025-02-26; proceeds 1,193.31, basis 1,237.48, adjustment W 44.17)00
F8949.A.X26Oakmont Bank (acquired 2025-02-24, sold 2025-02-28; proceeds 1,327.11, basis 1,408.35)-81.24-81.24
F8949.D.X27Maple Home (acquired 2023-08-01, sold 2025-07-22; proceeds 1,542.83, basis 1,465.51)77.3277.32
F8949.A.X28Oakmont Bank (acquired 2025-10-29, sold 2025-11-10; proceeds 2,343.01, basis 2,283.21)59.859.8
F8949.A.X29Oakmont Bank (acquired 2024-08-30, sold 2025-01-23; proceeds 1,516.20, basis 1,324.57)191.63191.63
F8949.D.X30Cedar Logistics (acquired 2024-04-22, sold 2025-12-03; proceeds 2,378.14, basis 2,141.06)237.08237.08
F8949.A.X31Maple Home (acquired 2025-04-24, sold 2025-08-29; proceeds 1,530.96, basis 1,767.68)-236.72-236.72
F8949.D.X32Granite Payments (acquired 2024-04-03, sold 2025-04-09; proceeds 1,043.82, basis 1,042.55)1.271.27
F8949.A.X33Redwood Media (acquired 2025-08-14, sold 2025-09-10; proceeds 2,678.98, basis 2,364.13)314.85314.85
F8949.D.X34Redwood Media (acquired 2023-04-12, sold 2025-07-15; proceeds 1,156.10, basis 1,099.79)56.3156.31
F8949.D.X35Redwood Media (acquired 2023-11-15, sold 2025-12-18; proceeds 829.12, basis 1,010.51)-181.39-181.39
F8949.D.X36Juniper Cloud (acquired 2023-10-27, sold 2025-06-10; proceeds 832.53, basis 837.66)-5.13-5.13
F8949.D.X37Keystone Rail (acquired 2024-04-17, sold 2025-05-27; proceeds 1,339.44, basis 1,412.82)-73.38-73.38
F8949.A.X38Keystone Rail (acquired 2024-09-03, sold 2025-04-03; proceeds 1,332.81, basis 1,266.78)66.0366.03
F8949.D.X39Eastline Utilities (acquired 2023-06-28, sold 2025-07-01; proceeds 577.57, basis 526.19)51.3851.38
F8949.D.X40Cedar Logistics (acquired 2024-08-23, sold 2025-10-31; proceeds 2,257.39, basis 2,344.41)-87.02-87.02
F8949.D.X41Redwood Media (acquired 2024-02-21, sold 2025-03-14; proceeds 377.95, basis 407.29, adjustment W 29.34)00
F8949.D.X42Harborview Insurance (acquired 2023-08-15, sold 2025-10-27; proceeds 540.98, basis 559.59, adjustment W 18.61)00
F8949.D.X43Delmar Pharma (acquired 2023-07-05, sold 2025-06-23; proceeds 804.22, basis 978.93, adjustment W 174.71)00
F8949.A.X44Ivory Semis (acquired 2025-01-10, sold 2025-11-06; proceeds 1,569.68, basis 1,382.44)187.24187.24
F8949.A.X45Delmar Pharma (acquired 2025-02-11, sold 2025-05-12; proceeds 2,076.11, basis 2,154.95)-78.84-78.84
F8949.D.X46Maple Home (acquired 2024-05-15, sold 2025-07-25; proceeds 1,457.49, basis 1,509.08)-51.59-51.59
F8949.A.X47Cedar Logistics (acquired 2025-04-25, sold 2025-09-11; proceeds 1,601.68, basis 1,392.72)208.96208.96
F8949.D.X48Cedar Logistics (acquired 2023-12-11, sold 2025-06-02; proceeds 2,042.61, basis 2,155.66)-113.05-113.05
F8949.D.X49Northwind Air (acquired 2023-11-29, sold 2025-05-05; proceeds 2,232.35, basis 2,076.36)155.99155.99
F8949.D.X50Delmar Pharma (acquired 2024-03-19, sold 2025-11-17; proceeds 132.37, basis 155.75)-23.38-23.38
F8949.A.X51Juniper Cloud (acquired 2025-01-08, sold 2025-04-29; proceeds 2,425.25, basis 2,272.10)153.15153.15
F8949.A.X52Acadia Robotics (acquired 2025-04-14, sold 2025-09-05; proceeds 357.80, basis 342.53)15.2715.27
F8949.D.X53Northwind Air (acquired 2024-03-27, sold 2025-09-29; proceeds 589.50, basis 705.43)-115.93-115.93
F8949.A.X54Tidewater Health (acquired 2024-02-27, sold 2025-01-02; proceeds 819.58, basis 811.22)8.368.36
F8949.D.X55Lumen Optics (acquired 2024-08-09, sold 2025-11-14; proceeds 638.63, basis 661.25)-22.62-22.62
F8949.A.X56Acadia Robotics (acquired 2025-09-22, sold 2025-10-13; proceeds 2,203.48, basis 1,919.98)283.5283.5
F8949.D.X57Oakmont Bank (acquired 2023-03-24, sold 2025-04-30; proceeds 1,769.79, basis 1,564.19)205.6205.6
F8949.A.X58Juniper Cloud (acquired 2024-05-06, sold 2025-04-01; proceeds 2,127.29, basis 1,903.28)224.01224.01
F8949.A.X59Northwind Air (acquired 2024-12-10, sold 2025-10-09; proceeds 205.41, basis 234.91)-29.5-29.5
F8949.D.X60Harborview Insurance (acquired 2024-07-29, sold 2025-09-09; proceeds 1,816.82, basis 1,706.65)110.17110.17
F8949.D.X61Foxglove Retail (acquired 2023-04-19, sold 2025-03-24; proceeds 1,650.29, basis 1,772.24, adjustment W 121.95)00
F8949.D.X62Bayfront Foods (acquired 2023-12-21, sold 2025-11-17; proceeds 1,821.82, basis 1,798.77)23.0523.05
F8949.A.X63Foxglove Retail (acquired 2024-07-11, sold 2025-05-13; proceeds 178.31, basis 159.27)19.0419.04
F8949.A.X64Delmar Pharma (acquired 2024-06-13, sold 2025-03-06; proceeds 645.48, basis 683.57)-38.09-38.09
F8949.D.X65Northwind Air (acquired 2023-06-07, sold 2025-12-19; proceeds 647.52, basis 769.27)-121.75-121.75
F8949.D.X66Keystone Rail (acquired 2024-07-19, sold 2025-11-07; proceeds 1,867.78, basis 1,859.69)8.098.09
F8949.A.X67Juniper Cloud (acquired 2025-01-08, sold 2025-03-20; proceeds 2,220.39, basis 2,281.86)-61.47-61.47
F8949.A.X68Delmar Pharma (acquired 2024-06-25, sold 2025-05-07; proceeds 507.31, basis 568.53)-61.22-61.22
F8949.A.X69Cedar Logistics (acquired 2024-10-02, sold 2025-01-17; proceeds 391.72, basis 451.76)-60.04-60.04
F8949.D.X70Foxglove Retail (acquired 2024-07-19, sold 2025-11-18; proceeds 560.65, basis 612.94)-52.29-52.29
F8949.A.X71Silverline Energy (acquired 2024-11-27, sold 2025-01-16; proceeds 1,297.07, basis 1,556.11)-259.04-259.04
F8949.A.X72Harborview Insurance (acquired 2024-10-16, sold 2025-01-17; proceeds 1,221.62, basis 1,278.92)-57.3-57.3
F8949.D.X73Tidewater Health (acquired 2023-08-03, sold 2025-11-25; proceeds 1,693.23, basis 1,603.59)89.6489.64
F8949.D.X74Acadia Robotics (acquired 2023-09-29, sold 2025-12-29; proceeds 1,702.07, basis 1,937.35)-235.28-235.28
F8949.D.X75Silverline Energy (acquired 2023-08-21, sold 2025-05-09; proceeds 1,413.63, basis 1,463.03)-49.4-49.4
F8949.D.X76Foxglove Retail (acquired 2023-04-12, sold 2025-10-16; proceeds 464.93, basis 508.38)-43.45-43.45
F8949.D.X77Cedar Logistics (acquired 2024-02-27, sold 2025-07-02; proceeds 1,944.18, basis 1,896.51)47.6747.67
F8949.A.X78Ivory Semis (acquired 2024-09-27, sold 2025-01-10; proceeds 1,563.73, basis 1,486.40)77.3377.33
F8949.D.X79Northwind Air (acquired 2024-02-12, sold 2025-05-21; proceeds 2,367.43, basis 2,148.72)218.71218.71
F8949.D.X80Juniper Cloud (acquired 2023-10-30, sold 2025-10-07; proceeds 2,142.12, basis 1,852.99)289.13289.13
F8949.D.X81Lumen Optics (acquired 2024-08-22, sold 2025-12-23; proceeds 1,398.09, basis 1,389.63)8.468.46
F8949.D.X82Delmar Pharma (acquired 2023-11-20, sold 2025-11-06; proceeds 276.74, basis 285.43)-8.69-8.69
F8949.D.X83Eastline Utilities (acquired 2023-08-18, sold 2025-10-29; proceeds 678.00, basis 825.33)-147.33-147.33
F8949.A.X84Redwood Media (acquired 2025-09-30, sold 2025-12-08; proceeds 902.75, basis 818.59)84.1684.16
F8949.A.X85Acadia Robotics (acquired 2025-07-01, sold 2025-08-29; proceeds 2,066.83, basis 2,293.45)-226.62-226.62
F8949.D.X86Pioneer Chem (acquired 2023-12-13, sold 2025-10-23; proceeds 1,799.46, basis 1,898.34)-98.88-98.88
F8949.D.X87Granite Payments (acquired 2023-07-27, sold 2025-02-27; proceeds 537.02, basis 494.68)42.3442.34
F8949.D.X88Granite Payments (acquired 2023-11-15, sold 2025-06-17; proceeds 1,892.62, basis 2,038.03)-145.41-145.41
F8949.A.X89Cedar Logistics (acquired 2024-10-11, sold 2025-05-16; proceeds 519.18, basis 505.77)13.4113.41
F8949.A.X90Tidewater Health (acquired 2025-03-26, sold 2025-11-28; proceeds 901.39, basis 915.26)-13.87-13.87
F8949.D.X91Maple Home (acquired 2024-01-29, sold 2025-09-02; proceeds 1,233.15, basis 1,312.74)-79.59-79.59
F8949.A.X92Cedar Logistics (acquired 2025-08-27, sold 2025-09-23; proceeds 209.30, basis 209.43)-0.13-0.13
F8949.D.X93Delmar Pharma (acquired 2024-02-02, sold 2025-12-31; proceeds 291.82, basis 344.13, adjustment W 52.31)00
F8949.D.X94Keystone Rail (acquired 2023-05-24, sold 2025-11-11; proceeds 903.75, basis 780.22)123.53123.53
F8949.A.X95Foxglove Retail (acquired 2024-04-26, sold 2025-01-14; proceeds 2,098.15, basis 2,053.54)44.6144.61
F8949.D.X96Lumen Optics (acquired 2023-06-02, sold 2025-02-19; proceeds 1,512.32, basis 1,478.13)34.1934.19
F8949.D.X97Ivory Semis (acquired 2024-05-03, sold 2025-08-08; proceeds 1,811.12, basis 1,726.57)84.5584.55
F8949.D.X98Cedar Logistics (acquired 2024-10-17, sold 2025-12-19; proceeds 1,777.14, basis 2,078.38)-301.24-301.24
F8949.D.X99Acadia Robotics (acquired 2024-04-02, sold 2025-04-17; proceeds 1,319.23, basis 1,410.41)-91.18-91.18
F8949.A.X100Oakmont Bank (acquired 2024-12-12, sold 2025-02-12; proceeds 430.00, basis 463.72)-33.72-33.72
F8949.A.X101Acadia Robotics (acquired 2025-03-04, sold 2025-08-25; proceeds 834.84, basis 897.72)-62.88-62.88
F8949.A.X102Acadia Robotics (acquired 2024-07-02, sold 2025-02-28; proceeds 1,647.23, basis 1,429.43)217.8217.8
F8949.D.X103Acadia Robotics (acquired 2024-04-26, sold 2025-11-03; proceeds 630.77, basis 705.23)-74.46-74.46
F8949.A.X104Redwood Media (acquired 2025-07-28, sold 2025-11-05; proceeds 2,086.68, basis 2,149.77)-63.09-63.09
F8949.D.X105Maple Home (acquired 2024-08-08, sold 2025-12-03; proceeds 1,310.92, basis 1,570.40)-259.48-259.48
F8949.D.X106Delmar Pharma (acquired 2024-10-09, sold 2025-10-24; proceeds 1,514.10, basis 1,776.55)-262.45-262.45
F8949.A.X107Quarry Materials (acquired 2025-04-02, sold 2025-11-11; proceeds 403.56, basis 461.04)-57.48-57.48
F8949.D.X108Foxglove Retail (acquired 2024-03-25, sold 2025-08-20; proceeds 2,103.63, basis 2,395.85, adjustment W 292.22)00
F8949.D.X109Delmar Pharma (acquired 2023-10-30, sold 2025-10-22; proceeds 860.99, basis 839.76)21.2321.23
F8949.A.X110Quarry Materials (acquired 2025-03-21, sold 2025-11-11; proceeds 1,588.65, basis 1,649.72, adjustment W 61.07)00
F8949.D.X111Juniper Cloud (acquired 2023-04-28, sold 2025-04-14; proceeds 2,204.08, basis 2,326.65)-122.57-122.57
F8949.A.X112Harborview Insurance (acquired 2024-12-26, sold 2025-04-07; proceeds 1,100.29, basis 1,269.61)-169.32-169.32
F8949.A.X113Eastline Utilities (acquired 2024-01-19, sold 2025-01-06; proceeds 1,541.45, basis 1,526.77)14.6814.68
F8949.A.X114Keystone Rail (acquired 2024-06-11, sold 2025-02-27; proceeds 1,666.67, basis 1,708.41)-41.74-41.74
F8949.A.X115Oakmont Bank (acquired 2024-05-13, sold 2025-04-02; proceeds 226.85, basis 248.95)-22.1-22.1
F8949.D.X116Harborview Insurance (acquired 2024-03-15, sold 2025-08-12; proceeds 2,271.72, basis 2,116.93)154.79154.79
F8949.A.X117Juniper Cloud (acquired 2024-07-30, sold 2025-02-10; proceeds 2,264.76, basis 2,348.98, adjustment W 84.22)00
F8949.A.X118Acadia Robotics (acquired 2024-06-20, sold 2025-05-05; proceeds 1,189.77, basis 1,327.93)-138.16-138.16
F8949.A.X119Foxglove Retail (acquired 2024-08-20, sold 2025-05-08; proceeds 1,120.11, basis 1,035.38)84.7384.73
F8949.D.X120Pioneer Chem (acquired 2024-01-09, sold 2025-07-30; proceeds 543.96, basis 572.67)-28.71-28.71
F8949.A.X121Juniper Cloud (acquired 2025-06-06, sold 2025-09-25; proceeds 787.69, basis 834.74)-47.05-47.05
F8949.D.X122Pioneer Chem (acquired 2024-07-03, sold 2025-09-02; proceeds 1,337.53, basis 1,182.14)155.39155.39
F8949.D.X123Acadia Robotics (acquired 2024-02-05, sold 2025-06-06; proceeds 592.69, basis 575.69)1717
F8949.D.X124Silverline Energy (acquired 2023-10-03, sold 2025-08-01; proceeds 1,413.66, basis 1,454.85)-41.19-41.19
F8949.A.X125Pioneer Chem (acquired 2024-02-20, sold 2025-01-27; proceeds 1,349.56, basis 1,448.39)-98.83-98.83
F8949.A.X126Acadia Robotics (acquired 2024-08-02, sold 2025-04-28; proceeds 545.07, basis 477.46)67.6167.61
F8949.A.X127Acadia Robotics (acquired 2025-03-24, sold 2025-04-15; proceeds 945.17, basis 1,100.06)-154.89-154.89
F8949.A.X128Silverline Energy (acquired 2025-04-23, sold 2025-10-21; proceeds 1,921.75, basis 1,835.14)86.6186.61
F8949.A.X129Northwind Air (acquired 2024-08-26, sold 2025-06-20; proceeds 237.18, basis 259.22)-22.04-22.04
F8949.D.X130Pioneer Chem (acquired 2023-01-06, sold 2025-07-16; proceeds 848.16, basis 844.10)4.064.06
F8949.D.X131Pioneer Chem (acquired 2024-02-23, sold 2025-06-18; proceeds 1,733.19, basis 2,004.12)-270.93-270.93
F8949.D.X132Ivory Semis (acquired 2024-09-18, sold 2025-12-02; proceeds 862.47, basis 764.42)98.0598.05
F8949.D.X133Delmar Pharma (acquired 2023-07-13, sold 2025-02-11; proceeds 1,154.90, basis 1,362.58)-207.68-207.68
F8949.A.X134Pioneer Chem (acquired 2024-12-03, sold 2025-01-15; proceeds 1,532.89, basis 1,500.83)32.0632.06
F8949.D.X135Delmar Pharma (acquired 2024-02-01, sold 2025-02-03; proceeds 1,341.11, basis 1,482.52, adjustment W 141.41)00
F8949.D.X136Lumen Optics (acquired 2024-03-19, sold 2025-03-20; proceeds 1,481.45, basis 1,457.43)24.0224.02
F8949.D.X137Quarry Materials (acquired 2024-02-09, sold 2025-05-07; proceeds 514.13, basis 592.23)-78.1-78.1
F8949.D.X138Pioneer Chem (acquired 2024-01-31, sold 2025-09-16; proceeds 650.02, basis 641.93)8.098.09
F8949.D.X139Juniper Cloud (acquired 2024-01-17, sold 2025-07-31; proceeds 1,508.43, basis 1,677.32)-168.89-168.89
F8949.D.X140Foxglove Retail (acquired 2023-05-19, sold 2025-08-07; proceeds 1,808.22, basis 2,041.07)-232.85-232.85
F8949.D.X141Oakmont Bank (acquired 2023-11-08, sold 2025-10-07; proceeds 1,755.74, basis 1,756.13)-0.39-0.39
F8949.D.X142Ivory Semis (acquired 2023-05-10, sold 2025-12-17; proceeds 1,879.82, basis 1,741.19)138.63138.63
F8949.A.X143Eastline Utilities (acquired 2025-03-28, sold 2025-08-04; proceeds 397.78, basis 458.54, adjustment W 60.76)00
F8949.A.X144Silverline Energy (acquired 2024-05-08, sold 2025-01-15; proceeds 1,929.45, basis 1,731.88)197.57197.57
F8949.A.X145Silverline Energy (acquired 2024-08-08, sold 2025-06-16; proceeds 873.27, basis 987.49)-114.22-114.22
F8949.A.X146Cedar Logistics (acquired 2024-08-27, sold 2025-08-26; proceeds 1,167.53, basis 1,409.68, adjustment W 242.15)00
F8949.D.X147Redwood Media (acquired 2024-05-31, sold 2025-07-17; proceeds 1,908.23, basis 2,292.40, adjustment W 384.17)00
F8949.D.X148Granite Payments (acquired 2023-12-13, sold 2025-07-14; proceeds 980.49, basis 893.76)86.7386.73
F8949.A.X149Bayfront Foods (acquired 2025-07-31, sold 2025-10-01; proceeds 2,004.46, basis 1,791.18)213.28213.28
F8949.A.X150Keystone Rail (acquired 2024-05-20, sold 2025-02-12; proceeds 1,954.08, basis 1,903.51)50.5750.57
F8949.A.X151Northwind Air (acquired 2024-07-12, sold 2025-02-04; proceeds 458.08, basis 468.94)-10.86-10.86
F8949.D.X152Quarry Materials (acquired 2024-06-24, sold 2025-08-11; proceeds 1,591.83, basis 1,855.58)-263.75-263.75
F8949.A.X153Eastline Utilities (acquired 2025-11-26, sold 2025-12-24; proceeds 1,327.12, basis 1,379.62)-52.5-52.5
F8949.D.X154Northwind Air (acquired 2024-05-06, sold 2025-09-16; proceeds 1,939.24, basis 2,030.98)-91.74-91.74
F8949.D.X155Cedar Logistics (acquired 2024-03-21, sold 2025-12-23; proceeds 2,180.92, basis 2,306.34)-125.42-125.42
F8949.A.X156Silverline Energy (acquired 2024-09-25, sold 2025-07-08; proceeds 991.25, basis 1,081.76)-90.51-90.51
F8949.D.X157Tidewater Health (acquired 2023-07-05, sold 2025-07-10; proceeds 1,099.63, basis 1,256.73)-157.1-157.1
F8949.A.X158Harborview Insurance (acquired 2025-01-17, sold 2025-04-17; proceeds 653.35, basis 565.01)88.3488.34
F8949.D.X159Tidewater Health (acquired 2023-08-22, sold 2025-06-27; proceeds 941.77, basis 1,122.56)-180.79-180.79
F8949.D.X160Lumen Optics (acquired 2023-05-17, sold 2025-04-30; proceeds 2,596.55, basis 2,313.30)283.25283.25
F8949.D.X161Foxglove Retail (acquired 2023-07-17, sold 2025-03-06; proceeds 1,301.99, basis 1,582.67)-280.68-280.68
F8949.D.X162Juniper Cloud (acquired 2023-01-05, sold 2025-12-19; proceeds 2,168.96, basis 2,002.67)166.29166.29
F8949.D.X163Juniper Cloud (acquired 2024-03-18, sold 2025-10-30; proceeds 903.97, basis 835.14)68.8368.83
F8949.A.X164Ivory Semis (acquired 2025-01-13, sold 2025-09-12; proceeds 1,175.60, basis 1,284.36)-108.76-108.76
F8949.D.X165Northwind Air (acquired 2024-01-31, sold 2025-09-23; proceeds 2,312.69, basis 2,141.48)171.21171.21
F8949.D.X166Harborview Insurance (acquired 2024-08-30, sold 2025-11-25; proceeds 632.69, basis 594.37)38.3238.32
F8949.A.X167Bayfront Foods (acquired 2025-01-29, sold 2025-04-15; proceeds 1,339.71, basis 1,533.56)-193.85-193.85
F8949.D.X168Acadia Robotics (acquired 2023-06-23, sold 2025-05-23; proceeds 1,728.85, basis 2,043.31)-314.46-314.46
F8949.D.X169Oakmont Bank (acquired 2024-03-12, sold 2025-12-31; proceeds 145.87, basis 159.48, adjustment W 13.61)00
F8949.A.X170Juniper Cloud (acquired 2024-08-30, sold 2025-04-09; proceeds 1,976.94, basis 1,909.59)67.3567.35
F8949.D.X171Redwood Media (acquired 2023-05-10, sold 2025-04-08; proceeds 483.21, basis 475.25)7.967.96
F8949.D.X172Pioneer Chem (acquired 2023-08-22, sold 2025-01-30; proceeds 368.20, basis 321.67)46.5346.53
F8949.D.X173Quarry Materials (acquired 2024-06-06, sold 2025-07-29; proceeds 1,824.54, basis 1,992.08)-167.54-167.54
F8949.D.X174Quarry Materials (acquired 2023-11-27, sold 2025-03-13; proceeds 346.60, basis 324.50)22.122.1
F8949.D.X175Delmar Pharma (acquired 2023-03-10, sold 2025-07-22; proceeds 1,769.43, basis 1,589.39)180.04180.04
F8949.A.X176Bayfront Foods (acquired 2024-08-15, sold 2025-02-07; proceeds 1,813.84, basis 1,674.83)139.01139.01
F8949.A.X177Silverline Energy (acquired 2024-05-09, sold 2025-02-28; proceeds 1,659.92, basis 1,993.96, adjustment W 334.04)00
F8949.D.X178Quarry Materials (acquired 2024-04-26, sold 2025-06-05; proceeds 2,219.87, basis 2,267.44)-47.57-47.57
F8949.A.X179Maple Home (acquired 2024-08-05, sold 2025-07-28; proceeds 1,956.83, basis 2,085.45)-128.62-128.62
F8949.A.X180Silverline Energy (acquired 2025-10-23, sold 2025-12-12; proceeds 1,356.80, basis 1,497.49, adjustment W 140.69)00
F8949.A.X181Keystone Rail (acquired 2024-12-18, sold 2025-10-02; proceeds 751.54, basis 672.67)78.8778.87
F8949.D.X182Pioneer Chem (acquired 2023-07-20, sold 2025-12-01; proceeds 1,832.40, basis 1,593.36)239.04239.04
F8949.D.X183Northwind Air (acquired 2023-05-05, sold 2025-04-17; proceeds 1,743.33, basis 1,690.07)53.2653.26
F8949.D.X184Harborview Insurance (acquired 2023-12-13, sold 2025-08-18; proceeds 1,057.50, basis 998.76)58.7458.74
F8949.D.X185Cedar Logistics (acquired 2024-02-23, sold 2025-07-22; proceeds 1,997.11, basis 2,135.33)-138.22-138.22
F8949.A.X186Cedar Logistics (acquired 2025-08-15, sold 2025-09-24; proceeds 215.39, basis 224.13)-8.74-8.74
F8949.A.X187Eastline Utilities (acquired 2024-08-23, sold 2025-03-11; proceeds 1,413.83, basis 1,280.72)133.11133.11
F8949.D.X188Ivory Semis (acquired 2024-04-10, sold 2025-06-05; proceeds 1,095.24, basis 1,009.23)86.0186.01
F8949.A.X189Keystone Rail (acquired 2025-01-06, sold 2025-01-29; proceeds 1,891.54, basis 2,156.44)-264.9-264.9
F8949.A.X190Tidewater Health (acquired 2024-12-23, sold 2025-06-13; proceeds 535.99, basis 622.49)-86.5-86.5
F8949.D.X191Harborview Insurance (acquired 2024-01-25, sold 2025-07-21; proceeds 2,026.58, basis 2,347.44)-320.86-320.86
F8949.D.X192Pioneer Chem (acquired 2023-05-16, sold 2025-10-28; proceeds 1,194.86, basis 1,111.62)83.2483.24
F8949.D.X193Harborview Insurance (acquired 2024-03-25, sold 2025-06-06; proceeds 1,836.06, basis 2,104.22)-268.16-268.16
F8949.D.X194Eastline Utilities (acquired 2024-03-27, sold 2025-04-22; proceeds 1,353.91, basis 1,298.37)55.5455.54
F8949.A.X195Quarry Materials (acquired 2025-04-30, sold 2025-08-28; proceeds 2,243.35, basis 2,067.29)176.06176.06
F8949.A.X196Tidewater Health (acquired 2025-07-07, sold 2025-09-19; proceeds 2,241.01, basis 1,955.19)285.82285.82
F8949.D.X197Bayfront Foods (acquired 2024-02-13, sold 2025-11-17; proceeds 983.18, basis 1,076.25)-93.07-93.07
F8949.D.X198Pioneer Chem (acquired 2023-11-20, sold 2025-06-05; proceeds 1,233.59, basis 1,163.86)69.7369.73
F8949.D.X199Ivory Semis (acquired 2023-09-15, sold 2025-11-11; proceeds 341.69, basis 351.35, adjustment W 9.66)00
F8949.D.X200Harborview Insurance (acquired 2023-01-31, sold 2025-05-09; proceeds 1,071.92, basis 943.73)128.19128.19
F8949.D.X201Silverline Energy (acquired 2024-05-06, sold 2025-08-14; proceeds 456.86, basis 400.92)55.9455.94
F8949.A.X202Northwind Air (acquired 2024-10-24, sold 2025-01-30; proceeds 1,843.98, basis 2,118.14, adjustment W 274.16)00
F8949.D.X203Granite Payments (acquired 2024-06-10, sold 2025-09-17; proceeds 1,705.28, basis 1,499.22)206.06206.06
F8949.D.X204Lumen Optics (acquired 2023-06-29, sold 2025-04-30; proceeds 1,098.70, basis 1,100.45)-1.75-1.75
F8949.D.X205Ivory Semis (acquired 2023-03-10, sold 2025-05-29; proceeds 388.22, basis 348.08)40.1440.14
F8949.A.X206Pioneer Chem (acquired 2025-08-05, sold 2025-10-13; proceeds 1,394.82, basis 1,349.64)45.1845.18
F8949.D.X207Harborview Insurance (acquired 2023-07-12, sold 2025-02-04; proceeds 2,193.94, basis 2,026.23)167.71167.71
F8949.D.X208Harborview Insurance (acquired 2024-09-10, sold 2025-10-13; proceeds 270.29, basis 326.06)-55.77-55.77
F8949.A.X209Northwind Air (acquired 2024-11-15, sold 2025-06-02; proceeds 2,047.97, basis 2,098.08)-50.11-50.11
F8949.D.X210Keystone Rail (acquired 2023-12-27, sold 2025-09-15; proceeds 1,830.17, basis 2,128.65)-298.48-298.48
F8949.A.X211Delmar Pharma (acquired 2024-06-05, sold 2025-03-20; proceeds 1,745.56, basis 1,651.87)93.6993.69
F8949.A.X212Northwind Air (acquired 2024-12-18, sold 2025-02-11; proceeds 1,059.30, basis 1,139.23)-79.93-79.93
F8949.D.X213Maple Home (acquired 2023-06-20, sold 2025-02-06; proceeds 1,145.37, basis 1,011.68)133.69133.69
F8949.A.X214Quarry Materials (acquired 2025-04-28, sold 2025-05-23; proceeds 470.31, basis 511.21, adjustment W 40.90)00
F8949.D.X215Foxglove Retail (acquired 2023-02-03, sold 2025-09-10; proceeds 365.64, basis 442.80)-77.16-77.16
F8949.A.X216Redwood Media (acquired 2025-05-19, sold 2025-12-24; proceeds 1,149.90, basis 1,090.23)59.6759.67
F8949.D.X217Cedar Logistics (acquired 2023-12-29, sold 2025-03-07; proceeds 1,888.25, basis 2,019.64, adjustment W 131.39)00
F8949.A.X218Pioneer Chem (acquired 2025-04-15, sold 2025-05-22; proceeds 1,041.29, basis 1,108.80)-67.51-67.51
F8949.D.X219Tidewater Health (acquired 2024-09-24, sold 2025-10-06; proceeds 1,044.10, basis 1,030.70)13.413.4
F8949.D.X220Eastline Utilities (acquired 2024-09-18, sold 2025-11-06; proceeds 316.53, basis 280.29)36.2436.24
F8949.D.X221Keystone Rail (acquired 2023-04-24, sold 2025-02-25; proceeds 2,657.65, basis 2,313.90)343.75343.75
F8949.A.X222Ivory Semis (acquired 2024-07-03, sold 2025-05-14; proceeds 2,158.48, basis 2,008.01)150.47150.47
F8949.D.X223Bayfront Foods (acquired 2023-07-26, sold 2025-10-21; proceeds 1,502.83, basis 1,685.24)-182.41-182.41
F8949.A.X224Lumen Optics (acquired 2025-10-24, sold 2025-12-26; proceeds 187.42, basis 183.81)3.613.61
F8949.A.X225Pioneer Chem (acquired 2025-07-30, sold 2025-11-11; proceeds 791.78, basis 823.59)-31.81-31.81
F8949.A.X226Quarry Materials (acquired 2024-12-10, sold 2025-01-10; proceeds 939.11, basis 817.56)121.55121.55
F8949.A.X227Delmar Pharma (acquired 2025-07-16, sold 2025-08-27; proceeds 1,013.94, basis 916.04)97.997.9
F8949.D.X228Pioneer Chem (acquired 2023-11-28, sold 2025-04-11; proceeds 271.52, basis 246.70)24.8224.82
F8949.A.X229Eastline Utilities (acquired 2024-09-04, sold 2025-03-14; proceeds 867.86, basis 805.51)62.3562.35
F8949.D.X230Silverline Energy (acquired 2024-05-31, sold 2025-12-08; proceeds 2,124.65, basis 2,208.01, adjustment W 83.36)00
F8949.A.X231Tidewater Health (acquired 2024-07-09, sold 2025-03-03; proceeds 310.38, basis 281.04)29.3429.34
F8949.A.X232Bayfront Foods (acquired 2024-07-01, sold 2025-01-03; proceeds 2,237.31, basis 2,269.13, adjustment W 31.82)00
F8949.A.X233Pioneer Chem (acquired 2024-11-04, sold 2025-08-18; proceeds 1,344.74, basis 1,227.07)117.67117.67
F8949.D.X234Delmar Pharma (acquired 2024-07-25, sold 2025-09-24; proceeds 573.77, basis 613.24, adjustment W 39.47)00
F8949.A.X235Oakmont Bank (acquired 2024-07-31, sold 2025-07-29; proceeds 291.94, basis 272.19)19.7519.75
F8949.A.X236Northwind Air (acquired 2024-08-19, sold 2025-07-07; proceeds 454.66, basis 437.68)16.9816.98
F8949.D.X237Keystone Rail (acquired 2024-04-19, sold 2025-06-30; proceeds 163.19, basis 177.93)-14.74-14.74
F8949.A.X238Delmar Pharma (acquired 2024-09-24, sold 2025-01-21; proceeds 1,335.98, basis 1,432.50)-96.52-96.52
F8949.A.X239Ivory Semis (acquired 2024-08-30, sold 2025-05-23; proceeds 1,619.20, basis 1,965.23)-346.03-346.03
F8949.A.X240Acadia Robotics (acquired 2025-04-04, sold 2025-05-20; proceeds 1,887.28, basis 2,106.31)-219.03-219.03
F8949.A.X241Oakmont Bank (acquired 2024-07-10, sold 2025-03-25; proceeds 714.61, basis 690.17)24.4424.44
F8949.A.X242Maple Home (acquired 2024-06-13, sold 2025-03-07; proceeds 640.33, basis 749.78)-109.45-109.45
F8949.D.X243Juniper Cloud (acquired 2024-06-26, sold 2025-10-29; proceeds 1,740.58, basis 1,858.97)-118.39-118.39
F8949.D.X244Cedar Logistics (acquired 2023-06-16, sold 2025-05-19; proceeds 477.35, basis 456.95)20.420.4
F8949.D.X245Eastline Utilities (acquired 2024-01-23, sold 2025-12-02; proceeds 1,744.43, basis 1,635.57)108.86108.86
F8949.D.X246Silverline Energy (acquired 2024-06-27, sold 2025-10-08; proceeds 2,527.38, basis 2,188.87)338.51338.51
F8949.D.X247Bayfront Foods (acquired 2023-04-19, sold 2025-10-10; proceeds 2,351.08, basis 2,368.91)-17.83-17.83
F8949.D.X248Keystone Rail (acquired 2023-07-03, sold 2025-11-14; proceeds 1,230.23, basis 1,237.19)-6.96-6.96
F8949.D.X249Northwind Air (acquired 2023-01-20, sold 2025-04-25; proceeds 1,597.06, basis 1,633.82)-36.76-36.76
F8949.A.X250Harborview Insurance (acquired 2024-07-08, sold 2025-05-19; proceeds 720.30, basis 732.37, adjustment W 12.07)00
F8949.D.X251Juniper Cloud (acquired 2024-03-05, sold 2025-04-22; proceeds 1,554.58, basis 1,745.39)-190.81-190.81
F8949.D.X252Bayfront Foods (acquired 2023-06-16, sold 2025-02-04; proceeds 1,496.81, basis 1,294.60)202.21202.21
F8949.D.X253Acadia Robotics (acquired 2023-01-06, sold 2025-01-03; proceeds 338.76, basis 407.41)-68.65-68.65
F8949.D.X254Harborview Insurance (acquired 2024-04-10, sold 2025-10-02; proceeds 2,144.59, basis 1,901.56)243.03243.03
F8949.D.X255Ivory Semis (acquired 2024-07-17, sold 2025-11-04; proceeds 1,968.14, basis 2,034.45)-66.31-66.31
F8949.D.X256Northwind Air (acquired 2023-10-20, sold 2025-12-08; proceeds 1,799.10, basis 2,055.39)-256.29-256.29
F8949.D.X257Quarry Materials (acquired 2024-04-10, sold 2025-12-01; proceeds 439.09, basis 381.22)57.8757.87
F8949.A.X258Tidewater Health (acquired 2025-04-09, sold 2025-07-10; proceeds 1,437.57, basis 1,360.53)77.0477.04
F8949.A.X259Quarry Materials (acquired 2024-04-10, sold 2025-03-06; proceeds 1,827.19, basis 1,848.19)-21-21
F8949.A.X260Juniper Cloud (acquired 2025-09-12, sold 2025-12-17; proceeds 2,158.46, basis 1,888.10)270.36270.36
F8949.K.C1BTC 0.0412 units (acquired 2023-02-11, sold 2025-01-09; proceeds 3,940.00, basis 912.00)3,0283,028New
F8949.H.C2ETH 1.25 units (acquired 2024-11-30, sold 2025-02-14; proceeds 3,412.00, basis 4,680.00)-1,268-1,268New
F8949.H.C3BTC 0.03 units (acquired 2024-12-15, sold 2025-03-03; proceeds 2,610.00, basis 3,105.00)-495-495
F8949.K.C4ETH 0.8 units (acquired 2022-06-20, sold 2025-04-22; proceeds 1,408.00, basis 864.00)544544
F8949.H.C5SOL 22.0 units (acquired 2025-01-05, sold 2025-05-30; proceeds 3,520.00, basis 4,290.00)-770-770
F8949.H.C6BTC 0.05 units (acquired 2025-06-01, sold 2025-06-18; proceeds 5,325.00, basis 0.00)5,3255,325New
F8949.K.C7ETH 2.0 units (acquired 2023-09-01, sold 2025-07-02; proceeds 5,180.00, basis 3,290.00)1,8901,890New
F8949.H.C8BTC 0.015 units (acquired 2025-03-10, sold 2025-08-21; proceeds 1,740.00, basis 1,236.00)504504
F8949.K.C9SOL 15.0 units (acquired 2024-04-02, sold 2025-09-12; proceeds 2,310.00, basis 2,475.00)-165-165
F8949.H.C10ETH 0.6 units (acquired 2025-05-14, sold 2025-10-30; proceeds 2,238.00, basis 1,590.00)648648
F8949.K.C11BTC 0.02 units (acquired 2021-11-08, sold 2025-11-19; proceeds 1,860.00, basis 1,310.00)550550
F8949.H.C12SOL 10.0 units (acquired 2025-08-01, sold 2025-12-22; proceeds 1,290.00, basis 1,820.00)-530-530
F8949.F.SCORPLindqvist Family Woodworks, Inc. - distributions in excess of stock basis (acquired 2018-12-20, sold 2025-12-31; proceeds 21,215.00, basis 0.00)21,21521,215New
F8949.A.totalBox A totals (proceeds 172,667.96; basis 174,038.56; adjustments 1,583.05)212212
F8949.B.totalBox B totals (proceeds 37,720.00; basis 0.00; adjustments 0.00)37,72037,720New
F8949.D.totalBox D totals (proceeds 248,775.56; basis 243,046.70; adjustments 1,580.24)7,3097,309New
F8949.E.totalBox E totals (proceeds 15,300.00; basis 0.00; adjustments 0.00)15,30015,300New
F8949.F.totalBox F totals (proceeds 21,215.00; basis 0.00; adjustments 0.00)21,21521,215New
F8949.H.totalBox H totals (proceeds 20,135.00; basis 16,721.00; adjustments 0.00)3,4143,414New
F8949.K.totalBox K totals (proceeds 14,698.00; basis 8,851.00; adjustments 0.00)5,8475,847New
SchD.1bShort-term from Form 8949 box A212212
SchD.2Short-term from Form 8949 box B37,72037,720New
SchD.3Short-term from Form 8949 box H (digital assets, basis not reported)3,4143,414New
SchD.6Short-term capital loss carryover from 2024-3,200-3,200New
SchD.7Net short-term gain or (loss)-6,20038,14644,346Swing
SchD.8bLong-term from Form 8949 box D7,3097,309New
SchD.9Long-term from Form 8949 box E15,30015,300New
SchD.10Long-term from Form 8949 box F and K27,06227,062New
SchD.11Gain from Form 4797105,040105,040New
SchD.12Net long-term gain from partnerships and S corporations1,3501,350New
SchD.13Capital gain distributions1,8201,820New
SchD.14Long-term capital loss carryover from 2024-11,000-11,000New
SchD.15Net long-term gain or (loss)-11,000146,881157,881Swing
SchD.16Combine lines 7 and 15-17,200185,027202,227Swing
SchD.1828% rate gain00
SchD.19Unrecaptured section 1250 gain50,34050,340New
F1040.7Capital gain or (loss)-3,000185,027188,027Swing
SchE.28ALindqvist Family Woodworks, Inc. (S corporation) - passive income16,90018,4001,500
SchE.28BRidgeline Real Estate Fund III LP - passive rental income7,9008,400500
SchE.32Total partnership and S corporation income24,80026,8002,000
F8582.1aRental activities with net income (incl. Form 4797 gain on disposed property)105,040105,040New
F8582.1bRental activities with net loss-27,419-22,4804,939Swing
F8582.1cPrior-year unallowed rental losses-13,531-16,150-2,619Swing
F8582.3aOther passive activities with net income24,80026,8002,000
F8582.4Combine lines 1d and 3d-16,15093,210109,360Swing
SchE.22ADeductible rental loss after limitation - property A-9,674-22,257-12,583Swing
SchE.22BDeductible rental loss after limitation - property B-15,126-16,373-1,247
SchE.26Total rental real estate income or (loss)-24,800-38,630-13,830Swing
SchE.41Total income or (loss)0-11,830-11,830Swing
Sch1.3Business income (Schedule C)71,90081,8549,954Swing
Sch1.5Rental real estate, partnerships, S corporations (Schedule E)0-11,830-11,830Swing
Sch1.10Additional income70,02470,024New
Sch1.26Adjustments to income35,39735,397New
F1040.8Additional income from Schedule 171,90070,024-1,876
F1040.9Total income233,489480,987247,498Swing
F1040.10Adjustments to income5,08035,39730,317Swing
F1040.11Adjusted gross income228,409445,590217,181Swing
SchA.5aState income taxes paid in 2025 (CA withholding and payments made in 2025)27,87027,870New
SchA.5bReal estate taxes (home)13,42013,420New
SchA.5dTotal state and local taxes41,29041,290New
SchA.5eState and local taxes (limited)40,00040,000New
SchA.7Total taxes40,00040,000New
SchA.8aHome mortgage interest and points reported on Form 109821,84721,847New
SchA.8cPoints not reported on Form 1098 (refinance points amortized, 1 of 360 months)99
SchA.8eTotal home mortgage interest21,85621,856New
SchA.10Total interest21,85621,856New
SchA.11Gifts by cash or check3,3503,350New
F8283.A1.stockAustin Community Foundation - 200 sh Northlake Total Market Index Fund (acquired 2019-04, cost 9,300)14,50014,500New
F8283.A1.vehicleLone Star Kids Auto Donation - 2012 Subaru Outback (VIN 4S4BRBCC2C3209921)6,0006,000New
SchA.12Gifts other than by cash or check20,50020,500New
SchA.14Total gifts to charity23,85023,850New
SchA.17Total itemized deductions85,70685,706New
F1040.12Itemized deductions29,20085,70656,506Swing
F8995.2.1QBI - Lindqvist Studio (Schedule C)46,45746,457New
F8995.15.1QBI component - Lindqvist Studio (Schedule C) (W-2 wages 0, UBIA 38,000)9,2919,291New
F8995.2.2QBI - Lindqvist Family Woodworks, Inc.18,40018,400New
F8995.15.2QBI component - Lindqvist Family Woodworks, Inc. (W-2 wages 41,000, UBIA 120,000)3,6803,680New
F8995.27Total QBI component12,97112,971New
F8995.33Taxable income before QBI deduction359,884359,884New
F8995.34Net capital gain152,851152,851New
F8995.36Income limitation41,40741,407New
F8995.39QBI deduction12,97112,971New
F1040.13Qualified business income deduction16,74412,971-3,773Swing
F1040.14Total deductions98,67798,677New
F1040.15Taxable income182,465346,913164,448Swing
F1040.16Tax (Schedule D tax worksheet)29,89859,72729,829Swing
Sch3.1Foreign tax credit (no Form 1116; passive income, total 600 or less)396396
F6251.1Taxable income (1040 line 11 minus line 14)346,913346,913New
F6251.2aTaxes from Schedule A line 740,00040,000New
F6251.2iIncentive stock options40,00040,000New
F6251.4Alternative minimum taxable income426,913426,913New
F6251.5Exemption137,000137,000New
F6251.6AMTI minus exemption289,913289,913New
F6251.7Tentative minimum tax before credit63,59863,598New
F6251.8AMT foreign tax credit396396
F6251.9Tentative minimum tax63,20263,202New
F6251.10Regular tax minus foreign tax credit59,33159,331New
F6251.11Alternative minimum tax3,8713,871New
Sch2.1Alternative minimum tax3,8713,871New
Sch2.3Total (Part I)3,8713,871New
F1040.17Amount from Schedule 2, line 33,8713,871New
F1040.18Add lines 16 and 1763,59863,598New
F8812.1Modified AGI445,590445,590New
F8812.4Qualifying children under 1711
F8812.5Line 4 x 2,2002,2002,200New
F8812.6Other dependents11
F8812.7Line 6 x 500500500
F8812.8Add lines 5 and 72,7002,700New
F8812.11Phase-out reduction2,3002,300New
F8812.12Credit after phase-out400400
F8863.27Adjusted qualified education expenses (Ada)6,8006,800New
F8863.30Tentative AOTC2,5002,500New
F8863.7AOTC after phase-out00
F2441.1aCare provider: Bright Oak Preschool, tax ID 68-04122575,4005,400New
F2441.1bCare provider: Little Sprouts Learning Center, tax ID 74-38295164,2004,200New
F2441.2Qualified expenses - Theo6,2009,6003,400Swing
F2441.12Dependent care benefits (W-2 box 10)5,0005,0000
F2441.26Taxable dependent care benefits00
F2441.31Credit for child and dependent care expenses000
Sch3.8Total nonrefundable credits (Part I)396396
F1040.19Child tax credit / credit for other dependents2,500400-2,100Swing
F1040.20Amount from Schedule 3, line 8396396
F1040.22Tax after nonrefundable credits62,80262,802New
Sch2.4Self-employment tax11,56511,565New
F8959.1Medicare wages230,000230,000New
F8959.5Threshold250,000250,000New
F8959.7Additional Medicare tax on wages00
F8959.8Self-employment income75,59275,592New
F8959.13Additional Medicare tax on self-employment income500500
F8959.18Total additional Medicare tax500500
F8959.22Additional Medicare tax withheld00
Sch2.11Additional Medicare tax500500
F8960.1Taxable interest6,4506,450New
F8960.2Ordinary dividends7,0607,060New
F8960.4aRental real estate, partnerships, S corporations (Schedule E)-11,830-11,830New
F8960.5aNet gain from disposition of property185,027185,027New
F8960.8Total investment income186,707186,707New
F8960.12Net investment income186,707186,707New
F8960.13Modified AGI445,590445,590New
F8960.14Threshold250,000250,000New
F8960.17Net investment income tax7,0957,095New
Sch2.12Net investment income tax7,0957,095New
Sch2.21Total other taxes19,16019,160New
F1040.23Other taxes from Schedule 2, line 2110,15919,1609,001Swing
F1040.24Total tax37,55781,96244,405Swing
F1040.25aFederal income tax withheld (Forms W-2)31,95025,400-6,550Swing
F1040.25dTotal withholding25,40025,400New
F1040.262025 estimated tax payments6,00013,0007,000Swing
Sch3.10Amount paid with extension request36,00036,000New
Sch3.11Excess social security tax withheld (two employers)3,3423,342New
Sch3.15Total other payments and refundable credits39,34239,342New
F1040.31Amount from Schedule 3, line 1539,34239,342New
F1040.33Total payments37,95077,74239,792Swing
F1040.37Amount you owe4,2204,220New
F2210.8Required annual payment (lesser of 90% of 2025 tax or 110% of 2024 tax)41,31341,313New
F2210.19Penalty (regular method)164164
F2210.AIPenalty (annualized income installment method, Schedule AI)164164
F1040.38Estimated tax penalty164164
F8938.1.maxForeign deposit account - maximum value (USD at 12/31 Treasury rate)149,567149,567New
F8938.1.yeForeign deposit account - year-end value (USD)123,254123,254New
SchCA540NR.1.AWages - federal212,400212,400New
SchCA540NR.1.CWages - CA additions6,0006,000New
SchCA540NR.1.DWages - total using CA law218,400218,400New
SchCA540NR.1.EWages - California amount218,400218,400New
SchCA540NR.2.ATaxable interest - federal6,4506,450New
SchCA540NR.2.BTaxable interest - CA subtractions410410
SchCA540NR.2.DTaxable interest - total using CA law6,0406,040New
SchCA540NR.2.ETaxable interest - California amount3,2273,227New
SchCA540NR.3.AOrdinary dividends - federal7,0607,060New
SchCA540NR.3.DOrdinary dividends - total using CA law7,0607,060New
SchCA540NR.3.EOrdinary dividends - California amount3,7723,772New
SchCA540NR.4.AIRA distributions (taxable) - federal2626
SchCA540NR.4.DIRA distributions (taxable) - total using CA law2626
SchCA540NR.4.EIRA distributions (taxable) - California amount2626
SchCA540NR.7.ACapital gain or (loss) - federal185,027185,027New
SchCA540NR.7.DCapital gain or (loss) - total using CA law185,027185,027New
SchCA540NR.7.ECapital gain or (loss) - California amount55,17455,174New
SchCA540NR.12.ABusiness income (Schedule C) - federal81,85481,854New
SchCA540NR.12.CBusiness income (Schedule C) - CA additions30,40030,400New
SchCA540NR.12.DBusiness income (Schedule C) - total using CA law112,254112,254New
SchCA540NR.12.EBusiness income (Schedule C) - California amount59,97159,971New
SchCA540NR.17.ARental real estate, partnerships, S corporations - federal-11,830-11,830New
SchCA540NR.17.BRental real estate, partnerships, S corporations - CA subtractions484484
SchCA540NR.17.DRental real estate, partnerships, S corporations - total using CA law-12,314-12,314New
SchCA540NR.17.ERental real estate, partnerships, S corporations - California amount-16,310-16,310New
SchCA540NR.22.DTotal income using CA law516,493516,493New
SchCA540NR.22.ETotal California income324,260324,260New
SchCA540NR.26.DAdjustments to income (half SE tax, SEP, SE health insurance)35,39735,397New
SchCA540NR.26.EAdjustments to income - California amount18,91118,911New
F540NR.13Federal AGI445,590445,590New
F540NR.17Total AGI using California law481,096481,096New
SchCA540NR.A.itemizedCalifornia itemized deductions (no state income tax; no SALT cap)59,12659,126New
F540NR.18Deductions (larger of CA itemized or CA standard)59,12659,126New
F540NR.19Total taxable income421,970421,970New
F540NR.31Tax on total taxable income32,32832,328New
F540NR.32California AGI305,349305,349New
F540NR.34Deduction percentage (line 32 / line 17)0.630.63
F540NR.35California taxable income267,822267,822New
F540NR.36CA tax rate (line 31 / line 19)0.080.08
F540NR.37California tax before exemption credits20,51520,515New
F540NR.39Prorated exemption credits797797
F540NR.40Regular tax19,71819,718New
ScheduleS.creditCredit for net income tax paid to Oregon (composite, resident-period share)844844
F540NR.61Alternative minimum tax (Schedule P)00
F540NR.64Total tax18,87418,874New
F540NR.71California income tax withheld13,13013,130New
F540NR.722025 California estimated tax payments14,00014,000New
F540NR.73Extension payment (FTB 3519)00
F540NR.78Total payments27,13027,130New
F540NR.97Overpaid tax8,2568,256New
FTB3885A.SAC-APPLCalifornia depreciation - SAC-APPL484484
FTB3885A.STU-PRINTERCalifornia depreciation - STU-PRINTER2,8402,840New
FTB3885A.STU-CAMERACalifornia depreciation - STU-CAMERA3,2603,260New
FTB3885A.STU-WORKSTCalifornia depreciation - STU-WORKST1,5001,500New
FTB5805.penaltyUnderpayment of estimated tax penalty (regular method)00
F1040.34Overpaid (refunded)393not on the 2025 return-393
SchC.27aOther expenses (software 9,800; bank fees 290; print production 7,982)18,072not on the 2025 return-18,072Swing
SchD.21Capital loss allowed-3,000not on the 2025 return3,000Swing
F8582.unallowed.AUnallowed loss carried to 2025 - 1450 Fremont Way-6,300not on the 2025 return6,300Swing
F8582.unallowed.BUnallowed loss carried to 2025 - 1200 Barton Hills Dr 4C-9,850not on the 2025 return9,850Swing
F8995.15QBI deduction16,744not on the 2025 return-16,744Swing
F8938Form 8938 maximum value of foreign deposit account151,880not on the 2025 return-151,880Swing
CA540.13Federal AGI228,409not on the 2025 return-228,409Swing
CA540.SchCA.addsSchedule CA additions (employer HSA contributions)2,400not on the 2025 return-2,400Swing
CA540.17California AGI230,809not on the 2025 return-230,809Swing
CA540.18California standard deduction11,080not on the 2025 return-11,080Swing
CA540.19Taxable income219,729not on the 2025 return-219,729Swing
CA540.31Tax13,740not on the 2025 return-13,740Swing
CA540.32Exemption credits1,220not on the 2025 return-1,220Swing
CA540.64Total tax12,520not on the 2025 return-12,520Swing
CA540.71California income tax withheld8,280not on the 2025 return-8,280Swing
CA540.72Estimated tax payments (paid 2025-01-15)3,000not on the 2025 return-3,000Swing
CA540.111Amount you owe (paid 2025-03-28)1,240not on the 2025 return-1,240Swing
Tax computationForm 1040 and the tax schedules, including AMT
LineLabelv3Now2024Sources
F1040.1aWages (Forms W-2, box 1)212,400156,0392
F1040.1zTotal wages212,4000
F1040.2bTaxable interest6,4502,3100
F1040.3aQualified dividends5,9705,0102
F1040.3bOrdinary dividends7,0606,2400
F1040.4aIRA distributions14,0261
F1040.4bTaxable amount260
Sch1.16SEP deduction15,2141
Sch1.17Self-employed health insurance deduction14,40001
Sch1.15Deductible part of self-employment tax5,7835,0800
Sch1.13Health savings account deduction00
F1040.7Capital gain or (loss)185,027-3,0000
Sch1.3Business income (Schedule C)81,85471,9000
Sch1.5Rental real estate, partnerships, S corporations (Schedule E)-11,83000
Sch1.10Additional income70,0240
Sch1.26Adjustments to income35,3970
F1040.8Additional income from Schedule 170,02471,9000
F1040.9Total income480,987233,4890
F1040.10Adjustments to income35,3975,0800
F1040.11Adjusted gross income445,590228,4090
F1040.12Itemized deductions85,70629,2001
F1040.13Qualified business income deduction12,97116,7440
F1040.14Total deductions98,6770
F1040.15Taxable income346,913182,4650
F1040.16Tax (Schedule D tax worksheet)59,72729,8981
F6251.1Taxable income (1040 line 11 minus line 14)346,9130
F6251.2aTaxes from Schedule A line 740,0000
F6251.2iIncentive stock options40,0004
F6251.4Alternative minimum taxable income426,9130
F6251.5Exemption137,0001
F6251.6AMTI minus exemption289,9130
F6251.7Tentative minimum tax before credit63,5980
F6251.8AMT foreign tax credit3960
F6251.9Tentative minimum tax63,2020
F6251.10Regular tax minus foreign tax credit59,3310
F6251.11Alternative minimum tax3,8710
Sch2.1Alternative minimum tax3,8710
Sch2.3Total (Part I)3,8710
F1040.17Amount from Schedule 2, line 33,8710
F1040.18Add lines 16 and 1763,5980
F1040.19Child tax credit / credit for other dependents4002,5000
F1040.20Amount from Schedule 3, line 83960
F1040.22Tax after nonrefundable credits62,8020
Sch2.4Self-employment tax11,5650
F8959.1Medicare wages230,0002
F8959.5Threshold250,0000
F8959.7Additional Medicare tax on wages00
F8959.8Self-employment income75,5920
F8959.13Additional Medicare tax on self-employment income5000
F8959.18Total additional Medicare tax5000
F8959.22Additional Medicare tax withheld02
Sch2.11Additional Medicare tax5000
F8960.1Taxable interest6,4500
F8960.2Ordinary dividends7,0600
F8960.4aRental real estate, partnerships, S corporations (Schedule E)-11,8300
F8960.5aNet gain from disposition of property185,0270
F8960.8Total investment income186,7070
F8960.12Net investment income186,7070
F8960.13Modified AGI445,5900
F8960.14Threshold250,0000
F8960.17Net investment income tax7,0950
Sch2.12Net investment income tax7,0950
Sch2.21Total other taxes19,1600
F1040.23Other taxes from Schedule 2, line 2119,16010,1590
F1040.24Total tax81,96237,5570
F1040.25aFederal income tax withheld (Forms W-2)25,40031,9502
F1040.25dTotal withholding25,4000
F1040.262025 estimated tax payments13,0006,0007
F1040.31Amount from Schedule 3, line 1539,3420
F1040.33Total payments77,74237,9500
F1040.37Amount you owe4,2200
F2210.8Required annual payment (lesser of 90% of 2025 tax or 110% of 2024 tax)41,3131
F2210.19Penalty (regular method)1647
F2210.AIPenalty (annualized income installment method, Schedule AI)1640
F1040.38Estimated tax penalty1640
Depreciation by asset9 assets in v3; federal, California and AMT
Asset IDDescriptionActivityCostLand value not depreciatedPlaced in serviceMethodLife yearsFederal: Prior accumulatedFederal: Depreciation 2025Federal: Accumulated endCalifornia: Prior accumulatedCalifornia: Depreciation 2025California: Accumulated endAMT: Depreciation 2025AMT: Difference from regularDisposedDisposition: DateDisposition: Sold withDisposition: Unrecaptured 1250 DepreciationDisposition: Section 1250 Ordinary Recapture
SAC-BLDG1450 Fremont Way - buildingRental: 1450 Fremont Way, Sacramento364,000156,0002019-07-01SL / mid-month27.572,248.4713,236.3685,484.8372,248.4713,236.3685,484.8313,236.360
SAC-APPL1450 Fremont Way - appliancesRental: 1450 Fremont Way, Sacramento4,2002021-05-10Federal: 100% bonus in 2021; CA: 200DB half-year54,20004,2003,474.24483.843,958.0800
SAC-ROOF1450 Fremont Way - roof replacementRental: 1450 Fremont Way, Sacramento18,0002022-04-18SL / mid-month27.51,772.74654.552,427.291,772.74654.552,427.29654.550
AUS-BLDG1200 Barton Hills Dr 4C - buildingRental: 1200 Barton Hills Dr Unit 4C, Austin248,00062,0002020-04-01SL / mid-month27.542,460.67,139.3949,599.9942,460.67,139.3949,599.997,139.3902025-10-152025-10-151200 Barton Hills Dr Unit 4C (Form 4797 line 25 for the whole property)49,599.990
AUS-FLOOR1200 Barton Hills Dr 4C - flooringRental: 1200 Barton Hills Dr Unit 4C, Austin6,6002022-09-01SL / mid-month27.555019074055019074019002025-10-152025-10-151200 Barton Hills Dr Unit 4C (Form 4797 line 25 for the whole property)7400
STU-LAPTOPLaptop (2022)Business: Lindqvist Studio2,8002022-02-03Section 17952,80002,8002,80002,80000
STU-PRINTERStudio equipment - printerBusiness: Lindqvist Studio14,2002025-03-21100% special depreciation5014,20014,20002,8402,84014,2000
STU-CAMERAStudio equipment - cameraBusiness: Lindqvist Studio16,3002025-03-21100% special depreciation5016,30016,30003,2603,26016,3000
STU-WORKSTStudio equipment - workstationBusiness: Lindqvist Studio7,5002025-03-21100% special depreciation507,5007,50001,5001,5007,5000

Prior-year asset records

Asset IDDescriptionActivityCostPlaced in serviceMethodLife yearsDisposedLand value
SAC-BLDG1450 Fremont Way - buildingRental: 1450 Fremont Way, Sacramento364,0002019-07-01SL / mid-month27.5156,000
SAC-APPL1450 Fremont Way - appliancesRental: 1450 Fremont Way, Sacramento4,2002021-05-10Federal: 100% bonus in 2021; CA: 200DB half-year5
SAC-ROOF1450 Fremont Way - roof replacementRental: 1450 Fremont Way, Sacramento18,0002022-04-18SL / mid-month27.5
AUS-BLDG1200 Barton Hills Dr 4C - buildingRental: 1200 Barton Hills Dr Unit 4C, Austin248,0002020-04-01SL / mid-month27.52025-10-1562,000
AUS-FLOOR1200 Barton Hills Dr 4C - flooringRental: 1200 Barton Hills Dr Unit 4C, Austin6,6002022-09-01SL / mid-month27.52025-10-15
STU-LAPTOPLaptop (2022)Business: Lindqvist Studio2,8002022-02-03Section 1795

Depreciation lines

LineLabelv3NowSources
F4562-C.12Section 179 expense deduction03
F4562-C.14Special depreciation allowance (100%)38,0004
F4562-C.19aMACRS 5-year property placed in service 202503
F4562-C.22Total depreciation (Schedule C)38,0000
F4562-E.total-ADepreciation - 1450 Fremont Way13,8912
F4562-E.total-BDepreciation - 1200 Barton Hills Dr 4C7,3292
FTB3885A.SAC-APPLCalifornia depreciation - SAC-APPL4841
FTB3885A.STU-PRINTERCalifornia depreciation - STU-PRINTER2,8401
FTB3885A.STU-CAMERACalifornia depreciation - STU-CAMERA3,2601
FTB3885A.STU-WORKSTCalifornia depreciation - STU-WORKST1,5001
Sales detail302 Form 8949 lines in 7 boxes
Box ABox A totals (proceeds 172,667.96; basis 174,038.56; adjustments 1,583.05)212
119 lots
LineLotGain or loss
F8949.A.N2Corvane Systems Inc (ESPP) (acquired 2024-06-28, sold 2025-03-10; proceeds 6,600.00, basis 3,825.00, adjustment B -675.00)2,100
F8949.A.M2Cascade Dividend Fund (acquired 2024-02-14, sold 2025-02-03; proceeds 4,312.00, basis 4,550.00)-238
F8949.A.M3Pinecrest Semiconductor Corp (acquired 2024-11-18, sold 2025-03-05; proceeds 5,180.00, basis 6,040.00)-860
F8949.A.M4Pinecrest Semiconductor Corp (acquired 2025-03-20, sold 2025-04-11; proceeds 2,905.00, basis 3,210.00)-305
F8949.A.M6Pinecrest Semiconductor Corp (acquired 2025-02-10, sold 2025-03-05; proceeds 3,885.00, basis 4,620.00, adjustment W 512.00)-223
F8949.A.M8Harbor Lane Growth ETF (acquired 2024-09-03, sold 2025-06-02; proceeds 4,690.00, basis 4,165.00)525
F8949.A.M11Bluewater Energy Inc (acquired 2025-05-01, sold 2025-07-30; proceeds 1,840.00, basis 2,260.00, adjustment W 420.00)0
F8949.A.M12Meadowlark Biotech (acquired 2024-12-02, sold 2025-08-14; proceeds 2,460.00, basis 4,100.00)-1,640
F8949.A.M16Meadowlark Biotech (acquired 2025-08-20, sold 2025-11-03; proceeds 1,180.00, basis 1,040.00)140
F8949.A.X2Ivory Semis (acquired 2024-10-14, sold 2025-02-25; proceeds 507.14, basis 481.59)25.55
F8949.A.X6Redwood Media (acquired 2024-04-08, sold 2025-03-20; proceeds 1,229.65, basis 1,382.85)-153.2
F8949.A.X10Silverline Energy (acquired 2024-12-11, sold 2025-04-09; proceeds 865.46, basis 830.42)35.04
F8949.A.X11Delmar Pharma (acquired 2025-02-27, sold 2025-04-15; proceeds 1,232.43, basis 1,199.55)32.88
F8949.A.X16Delmar Pharma (acquired 2025-07-17, sold 2025-11-19; proceeds 738.78, basis 717.05)21.73
F8949.A.X19Bayfront Foods (acquired 2024-07-15, sold 2025-04-07; proceeds 1,525.72, basis 1,471.34)54.38
F8949.A.X22Harborview Insurance (acquired 2024-06-12, sold 2025-05-05; proceeds 2,215.10, basis 2,030.89)184.21
F8949.A.X23Juniper Cloud (acquired 2024-10-03, sold 2025-03-24; proceeds 1,829.29, basis 2,195.02)-365.73
F8949.A.X25Keystone Rail (acquired 2024-06-10, sold 2025-02-26; proceeds 1,193.31, basis 1,237.48, adjustment W 44.17)0
F8949.A.X26Oakmont Bank (acquired 2025-02-24, sold 2025-02-28; proceeds 1,327.11, basis 1,408.35)-81.24
F8949.A.X28Oakmont Bank (acquired 2025-10-29, sold 2025-11-10; proceeds 2,343.01, basis 2,283.21)59.8
F8949.A.X29Oakmont Bank (acquired 2024-08-30, sold 2025-01-23; proceeds 1,516.20, basis 1,324.57)191.63
F8949.A.X31Maple Home (acquired 2025-04-24, sold 2025-08-29; proceeds 1,530.96, basis 1,767.68)-236.72
F8949.A.X33Redwood Media (acquired 2025-08-14, sold 2025-09-10; proceeds 2,678.98, basis 2,364.13)314.85
F8949.A.X38Keystone Rail (acquired 2024-09-03, sold 2025-04-03; proceeds 1,332.81, basis 1,266.78)66.03
F8949.A.X44Ivory Semis (acquired 2025-01-10, sold 2025-11-06; proceeds 1,569.68, basis 1,382.44)187.24
F8949.A.X45Delmar Pharma (acquired 2025-02-11, sold 2025-05-12; proceeds 2,076.11, basis 2,154.95)-78.84
F8949.A.X47Cedar Logistics (acquired 2025-04-25, sold 2025-09-11; proceeds 1,601.68, basis 1,392.72)208.96
F8949.A.X51Juniper Cloud (acquired 2025-01-08, sold 2025-04-29; proceeds 2,425.25, basis 2,272.10)153.15
F8949.A.X52Acadia Robotics (acquired 2025-04-14, sold 2025-09-05; proceeds 357.80, basis 342.53)15.27
F8949.A.X54Tidewater Health (acquired 2024-02-27, sold 2025-01-02; proceeds 819.58, basis 811.22)8.36
F8949.A.X56Acadia Robotics (acquired 2025-09-22, sold 2025-10-13; proceeds 2,203.48, basis 1,919.98)283.5
F8949.A.X58Juniper Cloud (acquired 2024-05-06, sold 2025-04-01; proceeds 2,127.29, basis 1,903.28)224.01
F8949.A.X59Northwind Air (acquired 2024-12-10, sold 2025-10-09; proceeds 205.41, basis 234.91)-29.5
F8949.A.X63Foxglove Retail (acquired 2024-07-11, sold 2025-05-13; proceeds 178.31, basis 159.27)19.04
F8949.A.X64Delmar Pharma (acquired 2024-06-13, sold 2025-03-06; proceeds 645.48, basis 683.57)-38.09
F8949.A.X67Juniper Cloud (acquired 2025-01-08, sold 2025-03-20; proceeds 2,220.39, basis 2,281.86)-61.47
F8949.A.X68Delmar Pharma (acquired 2024-06-25, sold 2025-05-07; proceeds 507.31, basis 568.53)-61.22
F8949.A.X69Cedar Logistics (acquired 2024-10-02, sold 2025-01-17; proceeds 391.72, basis 451.76)-60.04
F8949.A.X71Silverline Energy (acquired 2024-11-27, sold 2025-01-16; proceeds 1,297.07, basis 1,556.11)-259.04
F8949.A.X72Harborview Insurance (acquired 2024-10-16, sold 2025-01-17; proceeds 1,221.62, basis 1,278.92)-57.3
F8949.A.X78Ivory Semis (acquired 2024-09-27, sold 2025-01-10; proceeds 1,563.73, basis 1,486.40)77.33
F8949.A.X84Redwood Media (acquired 2025-09-30, sold 2025-12-08; proceeds 902.75, basis 818.59)84.16
F8949.A.X85Acadia Robotics (acquired 2025-07-01, sold 2025-08-29; proceeds 2,066.83, basis 2,293.45)-226.62
F8949.A.X89Cedar Logistics (acquired 2024-10-11, sold 2025-05-16; proceeds 519.18, basis 505.77)13.41
F8949.A.X90Tidewater Health (acquired 2025-03-26, sold 2025-11-28; proceeds 901.39, basis 915.26)-13.87
F8949.A.X92Cedar Logistics (acquired 2025-08-27, sold 2025-09-23; proceeds 209.30, basis 209.43)-0.13
F8949.A.X95Foxglove Retail (acquired 2024-04-26, sold 2025-01-14; proceeds 2,098.15, basis 2,053.54)44.61
F8949.A.X100Oakmont Bank (acquired 2024-12-12, sold 2025-02-12; proceeds 430.00, basis 463.72)-33.72
F8949.A.X101Acadia Robotics (acquired 2025-03-04, sold 2025-08-25; proceeds 834.84, basis 897.72)-62.88
F8949.A.X102Acadia Robotics (acquired 2024-07-02, sold 2025-02-28; proceeds 1,647.23, basis 1,429.43)217.8
F8949.A.X104Redwood Media (acquired 2025-07-28, sold 2025-11-05; proceeds 2,086.68, basis 2,149.77)-63.09
F8949.A.X107Quarry Materials (acquired 2025-04-02, sold 2025-11-11; proceeds 403.56, basis 461.04)-57.48
F8949.A.X110Quarry Materials (acquired 2025-03-21, sold 2025-11-11; proceeds 1,588.65, basis 1,649.72, adjustment W 61.07)0
F8949.A.X112Harborview Insurance (acquired 2024-12-26, sold 2025-04-07; proceeds 1,100.29, basis 1,269.61)-169.32
F8949.A.X113Eastline Utilities (acquired 2024-01-19, sold 2025-01-06; proceeds 1,541.45, basis 1,526.77)14.68
F8949.A.X114Keystone Rail (acquired 2024-06-11, sold 2025-02-27; proceeds 1,666.67, basis 1,708.41)-41.74
F8949.A.X115Oakmont Bank (acquired 2024-05-13, sold 2025-04-02; proceeds 226.85, basis 248.95)-22.1
F8949.A.X117Juniper Cloud (acquired 2024-07-30, sold 2025-02-10; proceeds 2,264.76, basis 2,348.98, adjustment W 84.22)0
F8949.A.X118Acadia Robotics (acquired 2024-06-20, sold 2025-05-05; proceeds 1,189.77, basis 1,327.93)-138.16
F8949.A.X119Foxglove Retail (acquired 2024-08-20, sold 2025-05-08; proceeds 1,120.11, basis 1,035.38)84.73
F8949.A.X121Juniper Cloud (acquired 2025-06-06, sold 2025-09-25; proceeds 787.69, basis 834.74)-47.05
F8949.A.X125Pioneer Chem (acquired 2024-02-20, sold 2025-01-27; proceeds 1,349.56, basis 1,448.39)-98.83
F8949.A.X126Acadia Robotics (acquired 2024-08-02, sold 2025-04-28; proceeds 545.07, basis 477.46)67.61
F8949.A.X127Acadia Robotics (acquired 2025-03-24, sold 2025-04-15; proceeds 945.17, basis 1,100.06)-154.89
F8949.A.X128Silverline Energy (acquired 2025-04-23, sold 2025-10-21; proceeds 1,921.75, basis 1,835.14)86.61
F8949.A.X129Northwind Air (acquired 2024-08-26, sold 2025-06-20; proceeds 237.18, basis 259.22)-22.04
F8949.A.X134Pioneer Chem (acquired 2024-12-03, sold 2025-01-15; proceeds 1,532.89, basis 1,500.83)32.06
F8949.A.X143Eastline Utilities (acquired 2025-03-28, sold 2025-08-04; proceeds 397.78, basis 458.54, adjustment W 60.76)0
F8949.A.X144Silverline Energy (acquired 2024-05-08, sold 2025-01-15; proceeds 1,929.45, basis 1,731.88)197.57
F8949.A.X145Silverline Energy (acquired 2024-08-08, sold 2025-06-16; proceeds 873.27, basis 987.49)-114.22
F8949.A.X146Cedar Logistics (acquired 2024-08-27, sold 2025-08-26; proceeds 1,167.53, basis 1,409.68, adjustment W 242.15)0
F8949.A.X149Bayfront Foods (acquired 2025-07-31, sold 2025-10-01; proceeds 2,004.46, basis 1,791.18)213.28
F8949.A.X150Keystone Rail (acquired 2024-05-20, sold 2025-02-12; proceeds 1,954.08, basis 1,903.51)50.57
F8949.A.X151Northwind Air (acquired 2024-07-12, sold 2025-02-04; proceeds 458.08, basis 468.94)-10.86
F8949.A.X153Eastline Utilities (acquired 2025-11-26, sold 2025-12-24; proceeds 1,327.12, basis 1,379.62)-52.5
F8949.A.X156Silverline Energy (acquired 2024-09-25, sold 2025-07-08; proceeds 991.25, basis 1,081.76)-90.51
F8949.A.X158Harborview Insurance (acquired 2025-01-17, sold 2025-04-17; proceeds 653.35, basis 565.01)88.34
F8949.A.X164Ivory Semis (acquired 2025-01-13, sold 2025-09-12; proceeds 1,175.60, basis 1,284.36)-108.76
F8949.A.X167Bayfront Foods (acquired 2025-01-29, sold 2025-04-15; proceeds 1,339.71, basis 1,533.56)-193.85
F8949.A.X170Juniper Cloud (acquired 2024-08-30, sold 2025-04-09; proceeds 1,976.94, basis 1,909.59)67.35
F8949.A.X176Bayfront Foods (acquired 2024-08-15, sold 2025-02-07; proceeds 1,813.84, basis 1,674.83)139.01
F8949.A.X177Silverline Energy (acquired 2024-05-09, sold 2025-02-28; proceeds 1,659.92, basis 1,993.96, adjustment W 334.04)0
F8949.A.X179Maple Home (acquired 2024-08-05, sold 2025-07-28; proceeds 1,956.83, basis 2,085.45)-128.62
F8949.A.X180Silverline Energy (acquired 2025-10-23, sold 2025-12-12; proceeds 1,356.80, basis 1,497.49, adjustment W 140.69)0
F8949.A.X181Keystone Rail (acquired 2024-12-18, sold 2025-10-02; proceeds 751.54, basis 672.67)78.87
F8949.A.X186Cedar Logistics (acquired 2025-08-15, sold 2025-09-24; proceeds 215.39, basis 224.13)-8.74
F8949.A.X187Eastline Utilities (acquired 2024-08-23, sold 2025-03-11; proceeds 1,413.83, basis 1,280.72)133.11
F8949.A.X189Keystone Rail (acquired 2025-01-06, sold 2025-01-29; proceeds 1,891.54, basis 2,156.44)-264.9
F8949.A.X190Tidewater Health (acquired 2024-12-23, sold 2025-06-13; proceeds 535.99, basis 622.49)-86.5
F8949.A.X195Quarry Materials (acquired 2025-04-30, sold 2025-08-28; proceeds 2,243.35, basis 2,067.29)176.06
F8949.A.X196Tidewater Health (acquired 2025-07-07, sold 2025-09-19; proceeds 2,241.01, basis 1,955.19)285.82
F8949.A.X202Northwind Air (acquired 2024-10-24, sold 2025-01-30; proceeds 1,843.98, basis 2,118.14, adjustment W 274.16)0
F8949.A.X206Pioneer Chem (acquired 2025-08-05, sold 2025-10-13; proceeds 1,394.82, basis 1,349.64)45.18
F8949.A.X209Northwind Air (acquired 2024-11-15, sold 2025-06-02; proceeds 2,047.97, basis 2,098.08)-50.11
F8949.A.X211Delmar Pharma (acquired 2024-06-05, sold 2025-03-20; proceeds 1,745.56, basis 1,651.87)93.69
F8949.A.X212Northwind Air (acquired 2024-12-18, sold 2025-02-11; proceeds 1,059.30, basis 1,139.23)-79.93
F8949.A.X214Quarry Materials (acquired 2025-04-28, sold 2025-05-23; proceeds 470.31, basis 511.21, adjustment W 40.90)0
F8949.A.X216Redwood Media (acquired 2025-05-19, sold 2025-12-24; proceeds 1,149.90, basis 1,090.23)59.67
F8949.A.X218Pioneer Chem (acquired 2025-04-15, sold 2025-05-22; proceeds 1,041.29, basis 1,108.80)-67.51
F8949.A.X222Ivory Semis (acquired 2024-07-03, sold 2025-05-14; proceeds 2,158.48, basis 2,008.01)150.47
F8949.A.X224Lumen Optics (acquired 2025-10-24, sold 2025-12-26; proceeds 187.42, basis 183.81)3.61
F8949.A.X225Pioneer Chem (acquired 2025-07-30, sold 2025-11-11; proceeds 791.78, basis 823.59)-31.81
F8949.A.X226Quarry Materials (acquired 2024-12-10, sold 2025-01-10; proceeds 939.11, basis 817.56)121.55
F8949.A.X227Delmar Pharma (acquired 2025-07-16, sold 2025-08-27; proceeds 1,013.94, basis 916.04)97.9
F8949.A.X229Eastline Utilities (acquired 2024-09-04, sold 2025-03-14; proceeds 867.86, basis 805.51)62.35
F8949.A.X231Tidewater Health (acquired 2024-07-09, sold 2025-03-03; proceeds 310.38, basis 281.04)29.34
F8949.A.X232Bayfront Foods (acquired 2024-07-01, sold 2025-01-03; proceeds 2,237.31, basis 2,269.13, adjustment W 31.82)0
F8949.A.X233Pioneer Chem (acquired 2024-11-04, sold 2025-08-18; proceeds 1,344.74, basis 1,227.07)117.67
F8949.A.X235Oakmont Bank (acquired 2024-07-31, sold 2025-07-29; proceeds 291.94, basis 272.19)19.75
F8949.A.X236Northwind Air (acquired 2024-08-19, sold 2025-07-07; proceeds 454.66, basis 437.68)16.98
F8949.A.X238Delmar Pharma (acquired 2024-09-24, sold 2025-01-21; proceeds 1,335.98, basis 1,432.50)-96.52
F8949.A.X239Ivory Semis (acquired 2024-08-30, sold 2025-05-23; proceeds 1,619.20, basis 1,965.23)-346.03
F8949.A.X240Acadia Robotics (acquired 2025-04-04, sold 2025-05-20; proceeds 1,887.28, basis 2,106.31)-219.03
F8949.A.X241Oakmont Bank (acquired 2024-07-10, sold 2025-03-25; proceeds 714.61, basis 690.17)24.44
F8949.A.X242Maple Home (acquired 2024-06-13, sold 2025-03-07; proceeds 640.33, basis 749.78)-109.45
F8949.A.X250Harborview Insurance (acquired 2024-07-08, sold 2025-05-19; proceeds 720.30, basis 732.37, adjustment W 12.07)0
F8949.A.X258Tidewater Health (acquired 2025-04-09, sold 2025-07-10; proceeds 1,437.57, basis 1,360.53)77.04
F8949.A.X259Quarry Materials (acquired 2024-04-10, sold 2025-03-06; proceeds 1,827.19, basis 1,848.19)-21
F8949.A.X260Juniper Cloud (acquired 2025-09-12, sold 2025-12-17; proceeds 2,158.46, basis 1,888.10)270.36
Box BBox B totals (proceeds 37,720.00; basis 0.00; adjustments 0.00)37,720
2 lots
LineLotGain or loss
F8949.B.N1Corvane Systems Inc (RSU) (acquired 2025-02-15, sold 2025-02-18; proceeds 19,240.00, basis 0.00)19,240
F8949.B.N3Corvane Systems Inc (RSU) (acquired 2025-05-15, sold 2025-05-20; proceeds 18,480.00, basis 0.00)18,480
Box DBox D totals (proceeds 248,775.56; basis 243,046.70; adjustments 1,580.24)7,309
160 lots
LineLotGain or loss
F8949.D.N5Northlake Total Market Index Fund (acquired 2019-04-02, sold 2025-09-04; proceeds 8,400.00, basis 5,580.00)2,820
F8949.D.M1Harbor Lane Growth ETF (acquired 2023-05-10, sold 2025-01-22; proceeds 6,420.00, basis 4,980.00)1,440
F8949.D.M5Bluewater Energy Inc (acquired 2022-08-01, sold 2025-04-28; proceeds 3,960.00, basis 4,410.00)-450
F8949.D.M7Summit Health Partners (acquired 2021-06-15, sold 2025-05-19; proceeds 7,140.00, basis 5,220.00)1,920
F8949.D.M9Northgate Rail Corp (acquired 2020-01-10, sold 2025-06-24; proceeds 5,520.00, basis 4,880.00)640
F8949.D.M10Cascade Dividend Fund (acquired 2023-03-01, sold 2025-07-08; proceeds 3,885.00, basis 3,640.00)245
F8949.D.M13Summit Health Partners (acquired 2022-10-11, sold 2025-09-09; proceeds 4,880.00, basis 3,560.00)1,320
F8949.D.M14Harbor Lane Growth ETF (acquired 2024-09-15, sold 2025-09-22; proceeds 6,165.00, basis 5,310.00)855
F8949.D.M15Ironwood REIT (acquired 2023-07-19, sold 2025-10-06; proceeds 3,795.00, basis 4,275.00)-480
F8949.D.M17Cascade Dividend Fund (acquired 2022-04-12, sold 2025-12-01; proceeds 3,498.00, basis 3,120.00)378
F8949.D.X1Harborview Insurance (acquired 2023-09-13, sold 2025-05-16; proceeds 2,099.00, basis 2,142.45)-43.45
F8949.D.X3Delmar Pharma (acquired 2024-08-01, sold 2025-09-29; proceeds 282.95, basis 251.15)31.8
F8949.D.X4Lumen Optics (acquired 2023-01-04, sold 2025-09-08; proceeds 244.57, basis 265.33, adjustment W 20.76)0
F8949.D.X5Acadia Robotics (acquired 2024-01-16, sold 2025-05-28; proceeds 366.59, basis 433.86, adjustment W 67.27)0
F8949.D.X7Northwind Air (acquired 2023-06-14, sold 2025-02-27; proceeds 575.16, basis 609.16)-34
F8949.D.X8Juniper Cloud (acquired 2023-10-12, sold 2025-03-27; proceeds 524.69, basis 586.55)-61.86
F8949.D.X9Eastline Utilities (acquired 2023-08-28, sold 2025-11-24; proceeds 2,229.99, basis 2,303.62)-73.63
F8949.D.X12Delmar Pharma (acquired 2023-03-03, sold 2025-08-19; proceeds 1,059.01, basis 936.70)122.31
F8949.D.X13Juniper Cloud (acquired 2023-01-10, sold 2025-06-23; proceeds 1,453.14, basis 1,599.16)-146.02
F8949.D.X14Cedar Logistics (acquired 2023-01-03, sold 2025-05-29; proceeds 1,320.91, basis 1,170.25)150.66
F8949.D.X15Lumen Optics (acquired 2023-12-01, sold 2025-11-03; proceeds 477.70, basis 449.52)28.18
F8949.D.X17Delmar Pharma (acquired 2024-02-22, sold 2025-08-25; proceeds 1,680.45, basis 1,816.05)-135.6
F8949.D.X18Juniper Cloud (acquired 2023-09-20, sold 2025-06-13; proceeds 992.28, basis 1,125.53)-133.25
F8949.D.X20Quarry Materials (acquired 2023-02-21, sold 2025-06-09; proceeds 1,081.90, basis 1,094.51)-12.61
F8949.D.X21Lumen Optics (acquired 2023-12-13, sold 2025-07-10; proceeds 1,516.50, basis 1,493.72)22.78
F8949.D.X24Keystone Rail (acquired 2023-05-18, sold 2025-03-13; proceeds 2,201.23, basis 1,981.47)219.76
F8949.D.X27Maple Home (acquired 2023-08-01, sold 2025-07-22; proceeds 1,542.83, basis 1,465.51)77.32
F8949.D.X30Cedar Logistics (acquired 2024-04-22, sold 2025-12-03; proceeds 2,378.14, basis 2,141.06)237.08
F8949.D.X32Granite Payments (acquired 2024-04-03, sold 2025-04-09; proceeds 1,043.82, basis 1,042.55)1.27
F8949.D.X34Redwood Media (acquired 2023-04-12, sold 2025-07-15; proceeds 1,156.10, basis 1,099.79)56.31
F8949.D.X35Redwood Media (acquired 2023-11-15, sold 2025-12-18; proceeds 829.12, basis 1,010.51)-181.39
F8949.D.X36Juniper Cloud (acquired 2023-10-27, sold 2025-06-10; proceeds 832.53, basis 837.66)-5.13
F8949.D.X37Keystone Rail (acquired 2024-04-17, sold 2025-05-27; proceeds 1,339.44, basis 1,412.82)-73.38
F8949.D.X39Eastline Utilities (acquired 2023-06-28, sold 2025-07-01; proceeds 577.57, basis 526.19)51.38
F8949.D.X40Cedar Logistics (acquired 2024-08-23, sold 2025-10-31; proceeds 2,257.39, basis 2,344.41)-87.02
F8949.D.X41Redwood Media (acquired 2024-02-21, sold 2025-03-14; proceeds 377.95, basis 407.29, adjustment W 29.34)0
F8949.D.X42Harborview Insurance (acquired 2023-08-15, sold 2025-10-27; proceeds 540.98, basis 559.59, adjustment W 18.61)0
F8949.D.X43Delmar Pharma (acquired 2023-07-05, sold 2025-06-23; proceeds 804.22, basis 978.93, adjustment W 174.71)0
F8949.D.X46Maple Home (acquired 2024-05-15, sold 2025-07-25; proceeds 1,457.49, basis 1,509.08)-51.59
F8949.D.X48Cedar Logistics (acquired 2023-12-11, sold 2025-06-02; proceeds 2,042.61, basis 2,155.66)-113.05
F8949.D.X49Northwind Air (acquired 2023-11-29, sold 2025-05-05; proceeds 2,232.35, basis 2,076.36)155.99
F8949.D.X50Delmar Pharma (acquired 2024-03-19, sold 2025-11-17; proceeds 132.37, basis 155.75)-23.38
F8949.D.X53Northwind Air (acquired 2024-03-27, sold 2025-09-29; proceeds 589.50, basis 705.43)-115.93
F8949.D.X55Lumen Optics (acquired 2024-08-09, sold 2025-11-14; proceeds 638.63, basis 661.25)-22.62
F8949.D.X57Oakmont Bank (acquired 2023-03-24, sold 2025-04-30; proceeds 1,769.79, basis 1,564.19)205.6
F8949.D.X60Harborview Insurance (acquired 2024-07-29, sold 2025-09-09; proceeds 1,816.82, basis 1,706.65)110.17
F8949.D.X61Foxglove Retail (acquired 2023-04-19, sold 2025-03-24; proceeds 1,650.29, basis 1,772.24, adjustment W 121.95)0
F8949.D.X62Bayfront Foods (acquired 2023-12-21, sold 2025-11-17; proceeds 1,821.82, basis 1,798.77)23.05
F8949.D.X65Northwind Air (acquired 2023-06-07, sold 2025-12-19; proceeds 647.52, basis 769.27)-121.75
F8949.D.X66Keystone Rail (acquired 2024-07-19, sold 2025-11-07; proceeds 1,867.78, basis 1,859.69)8.09
F8949.D.X70Foxglove Retail (acquired 2024-07-19, sold 2025-11-18; proceeds 560.65, basis 612.94)-52.29
F8949.D.X73Tidewater Health (acquired 2023-08-03, sold 2025-11-25; proceeds 1,693.23, basis 1,603.59)89.64
F8949.D.X74Acadia Robotics (acquired 2023-09-29, sold 2025-12-29; proceeds 1,702.07, basis 1,937.35)-235.28
F8949.D.X75Silverline Energy (acquired 2023-08-21, sold 2025-05-09; proceeds 1,413.63, basis 1,463.03)-49.4
F8949.D.X76Foxglove Retail (acquired 2023-04-12, sold 2025-10-16; proceeds 464.93, basis 508.38)-43.45
F8949.D.X77Cedar Logistics (acquired 2024-02-27, sold 2025-07-02; proceeds 1,944.18, basis 1,896.51)47.67
F8949.D.X79Northwind Air (acquired 2024-02-12, sold 2025-05-21; proceeds 2,367.43, basis 2,148.72)218.71
F8949.D.X80Juniper Cloud (acquired 2023-10-30, sold 2025-10-07; proceeds 2,142.12, basis 1,852.99)289.13
F8949.D.X81Lumen Optics (acquired 2024-08-22, sold 2025-12-23; proceeds 1,398.09, basis 1,389.63)8.46
F8949.D.X82Delmar Pharma (acquired 2023-11-20, sold 2025-11-06; proceeds 276.74, basis 285.43)-8.69
F8949.D.X83Eastline Utilities (acquired 2023-08-18, sold 2025-10-29; proceeds 678.00, basis 825.33)-147.33
F8949.D.X86Pioneer Chem (acquired 2023-12-13, sold 2025-10-23; proceeds 1,799.46, basis 1,898.34)-98.88
F8949.D.X87Granite Payments (acquired 2023-07-27, sold 2025-02-27; proceeds 537.02, basis 494.68)42.34
F8949.D.X88Granite Payments (acquired 2023-11-15, sold 2025-06-17; proceeds 1,892.62, basis 2,038.03)-145.41
F8949.D.X91Maple Home (acquired 2024-01-29, sold 2025-09-02; proceeds 1,233.15, basis 1,312.74)-79.59
F8949.D.X93Delmar Pharma (acquired 2024-02-02, sold 2025-12-31; proceeds 291.82, basis 344.13, adjustment W 52.31)0
F8949.D.X94Keystone Rail (acquired 2023-05-24, sold 2025-11-11; proceeds 903.75, basis 780.22)123.53
F8949.D.X96Lumen Optics (acquired 2023-06-02, sold 2025-02-19; proceeds 1,512.32, basis 1,478.13)34.19
F8949.D.X97Ivory Semis (acquired 2024-05-03, sold 2025-08-08; proceeds 1,811.12, basis 1,726.57)84.55
F8949.D.X98Cedar Logistics (acquired 2024-10-17, sold 2025-12-19; proceeds 1,777.14, basis 2,078.38)-301.24
F8949.D.X99Acadia Robotics (acquired 2024-04-02, sold 2025-04-17; proceeds 1,319.23, basis 1,410.41)-91.18
F8949.D.X103Acadia Robotics (acquired 2024-04-26, sold 2025-11-03; proceeds 630.77, basis 705.23)-74.46
F8949.D.X105Maple Home (acquired 2024-08-08, sold 2025-12-03; proceeds 1,310.92, basis 1,570.40)-259.48
F8949.D.X106Delmar Pharma (acquired 2024-10-09, sold 2025-10-24; proceeds 1,514.10, basis 1,776.55)-262.45
F8949.D.X108Foxglove Retail (acquired 2024-03-25, sold 2025-08-20; proceeds 2,103.63, basis 2,395.85, adjustment W 292.22)0
F8949.D.X109Delmar Pharma (acquired 2023-10-30, sold 2025-10-22; proceeds 860.99, basis 839.76)21.23
F8949.D.X111Juniper Cloud (acquired 2023-04-28, sold 2025-04-14; proceeds 2,204.08, basis 2,326.65)-122.57
F8949.D.X116Harborview Insurance (acquired 2024-03-15, sold 2025-08-12; proceeds 2,271.72, basis 2,116.93)154.79
F8949.D.X120Pioneer Chem (acquired 2024-01-09, sold 2025-07-30; proceeds 543.96, basis 572.67)-28.71
F8949.D.X122Pioneer Chem (acquired 2024-07-03, sold 2025-09-02; proceeds 1,337.53, basis 1,182.14)155.39
F8949.D.X123Acadia Robotics (acquired 2024-02-05, sold 2025-06-06; proceeds 592.69, basis 575.69)17
F8949.D.X124Silverline Energy (acquired 2023-10-03, sold 2025-08-01; proceeds 1,413.66, basis 1,454.85)-41.19
F8949.D.X130Pioneer Chem (acquired 2023-01-06, sold 2025-07-16; proceeds 848.16, basis 844.10)4.06
F8949.D.X131Pioneer Chem (acquired 2024-02-23, sold 2025-06-18; proceeds 1,733.19, basis 2,004.12)-270.93
F8949.D.X132Ivory Semis (acquired 2024-09-18, sold 2025-12-02; proceeds 862.47, basis 764.42)98.05
F8949.D.X133Delmar Pharma (acquired 2023-07-13, sold 2025-02-11; proceeds 1,154.90, basis 1,362.58)-207.68
F8949.D.X135Delmar Pharma (acquired 2024-02-01, sold 2025-02-03; proceeds 1,341.11, basis 1,482.52, adjustment W 141.41)0
F8949.D.X136Lumen Optics (acquired 2024-03-19, sold 2025-03-20; proceeds 1,481.45, basis 1,457.43)24.02
F8949.D.X137Quarry Materials (acquired 2024-02-09, sold 2025-05-07; proceeds 514.13, basis 592.23)-78.1
F8949.D.X138Pioneer Chem (acquired 2024-01-31, sold 2025-09-16; proceeds 650.02, basis 641.93)8.09
F8949.D.X139Juniper Cloud (acquired 2024-01-17, sold 2025-07-31; proceeds 1,508.43, basis 1,677.32)-168.89
F8949.D.X140Foxglove Retail (acquired 2023-05-19, sold 2025-08-07; proceeds 1,808.22, basis 2,041.07)-232.85
F8949.D.X141Oakmont Bank (acquired 2023-11-08, sold 2025-10-07; proceeds 1,755.74, basis 1,756.13)-0.39
F8949.D.X142Ivory Semis (acquired 2023-05-10, sold 2025-12-17; proceeds 1,879.82, basis 1,741.19)138.63
F8949.D.X147Redwood Media (acquired 2024-05-31, sold 2025-07-17; proceeds 1,908.23, basis 2,292.40, adjustment W 384.17)0
F8949.D.X148Granite Payments (acquired 2023-12-13, sold 2025-07-14; proceeds 980.49, basis 893.76)86.73
F8949.D.X152Quarry Materials (acquired 2024-06-24, sold 2025-08-11; proceeds 1,591.83, basis 1,855.58)-263.75
F8949.D.X154Northwind Air (acquired 2024-05-06, sold 2025-09-16; proceeds 1,939.24, basis 2,030.98)-91.74
F8949.D.X155Cedar Logistics (acquired 2024-03-21, sold 2025-12-23; proceeds 2,180.92, basis 2,306.34)-125.42
F8949.D.X157Tidewater Health (acquired 2023-07-05, sold 2025-07-10; proceeds 1,099.63, basis 1,256.73)-157.1
F8949.D.X159Tidewater Health (acquired 2023-08-22, sold 2025-06-27; proceeds 941.77, basis 1,122.56)-180.79
F8949.D.X160Lumen Optics (acquired 2023-05-17, sold 2025-04-30; proceeds 2,596.55, basis 2,313.30)283.25
F8949.D.X161Foxglove Retail (acquired 2023-07-17, sold 2025-03-06; proceeds 1,301.99, basis 1,582.67)-280.68
F8949.D.X162Juniper Cloud (acquired 2023-01-05, sold 2025-12-19; proceeds 2,168.96, basis 2,002.67)166.29
F8949.D.X163Juniper Cloud (acquired 2024-03-18, sold 2025-10-30; proceeds 903.97, basis 835.14)68.83
F8949.D.X165Northwind Air (acquired 2024-01-31, sold 2025-09-23; proceeds 2,312.69, basis 2,141.48)171.21
F8949.D.X166Harborview Insurance (acquired 2024-08-30, sold 2025-11-25; proceeds 632.69, basis 594.37)38.32
F8949.D.X168Acadia Robotics (acquired 2023-06-23, sold 2025-05-23; proceeds 1,728.85, basis 2,043.31)-314.46
F8949.D.X169Oakmont Bank (acquired 2024-03-12, sold 2025-12-31; proceeds 145.87, basis 159.48, adjustment W 13.61)0
F8949.D.X171Redwood Media (acquired 2023-05-10, sold 2025-04-08; proceeds 483.21, basis 475.25)7.96
F8949.D.X172Pioneer Chem (acquired 2023-08-22, sold 2025-01-30; proceeds 368.20, basis 321.67)46.53
F8949.D.X173Quarry Materials (acquired 2024-06-06, sold 2025-07-29; proceeds 1,824.54, basis 1,992.08)-167.54
F8949.D.X174Quarry Materials (acquired 2023-11-27, sold 2025-03-13; proceeds 346.60, basis 324.50)22.1
F8949.D.X175Delmar Pharma (acquired 2023-03-10, sold 2025-07-22; proceeds 1,769.43, basis 1,589.39)180.04
F8949.D.X178Quarry Materials (acquired 2024-04-26, sold 2025-06-05; proceeds 2,219.87, basis 2,267.44)-47.57
F8949.D.X182Pioneer Chem (acquired 2023-07-20, sold 2025-12-01; proceeds 1,832.40, basis 1,593.36)239.04
F8949.D.X183Northwind Air (acquired 2023-05-05, sold 2025-04-17; proceeds 1,743.33, basis 1,690.07)53.26
F8949.D.X184Harborview Insurance (acquired 2023-12-13, sold 2025-08-18; proceeds 1,057.50, basis 998.76)58.74
F8949.D.X185Cedar Logistics (acquired 2024-02-23, sold 2025-07-22; proceeds 1,997.11, basis 2,135.33)-138.22
F8949.D.X188Ivory Semis (acquired 2024-04-10, sold 2025-06-05; proceeds 1,095.24, basis 1,009.23)86.01
F8949.D.X191Harborview Insurance (acquired 2024-01-25, sold 2025-07-21; proceeds 2,026.58, basis 2,347.44)-320.86
F8949.D.X192Pioneer Chem (acquired 2023-05-16, sold 2025-10-28; proceeds 1,194.86, basis 1,111.62)83.24
F8949.D.X193Harborview Insurance (acquired 2024-03-25, sold 2025-06-06; proceeds 1,836.06, basis 2,104.22)-268.16
F8949.D.X194Eastline Utilities (acquired 2024-03-27, sold 2025-04-22; proceeds 1,353.91, basis 1,298.37)55.54
F8949.D.X197Bayfront Foods (acquired 2024-02-13, sold 2025-11-17; proceeds 983.18, basis 1,076.25)-93.07
F8949.D.X198Pioneer Chem (acquired 2023-11-20, sold 2025-06-05; proceeds 1,233.59, basis 1,163.86)69.73
F8949.D.X199Ivory Semis (acquired 2023-09-15, sold 2025-11-11; proceeds 341.69, basis 351.35, adjustment W 9.66)0
F8949.D.X200Harborview Insurance (acquired 2023-01-31, sold 2025-05-09; proceeds 1,071.92, basis 943.73)128.19
F8949.D.X201Silverline Energy (acquired 2024-05-06, sold 2025-08-14; proceeds 456.86, basis 400.92)55.94
F8949.D.X203Granite Payments (acquired 2024-06-10, sold 2025-09-17; proceeds 1,705.28, basis 1,499.22)206.06
F8949.D.X204Lumen Optics (acquired 2023-06-29, sold 2025-04-30; proceeds 1,098.70, basis 1,100.45)-1.75
F8949.D.X205Ivory Semis (acquired 2023-03-10, sold 2025-05-29; proceeds 388.22, basis 348.08)40.14
F8949.D.X207Harborview Insurance (acquired 2023-07-12, sold 2025-02-04; proceeds 2,193.94, basis 2,026.23)167.71
F8949.D.X208Harborview Insurance (acquired 2024-09-10, sold 2025-10-13; proceeds 270.29, basis 326.06)-55.77
F8949.D.X210Keystone Rail (acquired 2023-12-27, sold 2025-09-15; proceeds 1,830.17, basis 2,128.65)-298.48
F8949.D.X213Maple Home (acquired 2023-06-20, sold 2025-02-06; proceeds 1,145.37, basis 1,011.68)133.69
F8949.D.X215Foxglove Retail (acquired 2023-02-03, sold 2025-09-10; proceeds 365.64, basis 442.80)-77.16
F8949.D.X217Cedar Logistics (acquired 2023-12-29, sold 2025-03-07; proceeds 1,888.25, basis 2,019.64, adjustment W 131.39)0
F8949.D.X219Tidewater Health (acquired 2024-09-24, sold 2025-10-06; proceeds 1,044.10, basis 1,030.70)13.4
F8949.D.X220Eastline Utilities (acquired 2024-09-18, sold 2025-11-06; proceeds 316.53, basis 280.29)36.24
F8949.D.X221Keystone Rail (acquired 2023-04-24, sold 2025-02-25; proceeds 2,657.65, basis 2,313.90)343.75
F8949.D.X223Bayfront Foods (acquired 2023-07-26, sold 2025-10-21; proceeds 1,502.83, basis 1,685.24)-182.41
F8949.D.X228Pioneer Chem (acquired 2023-11-28, sold 2025-04-11; proceeds 271.52, basis 246.70)24.82
F8949.D.X230Silverline Energy (acquired 2024-05-31, sold 2025-12-08; proceeds 2,124.65, basis 2,208.01, adjustment W 83.36)0
F8949.D.X234Delmar Pharma (acquired 2024-07-25, sold 2025-09-24; proceeds 573.77, basis 613.24, adjustment W 39.47)0
F8949.D.X237Keystone Rail (acquired 2024-04-19, sold 2025-06-30; proceeds 163.19, basis 177.93)-14.74
F8949.D.X243Juniper Cloud (acquired 2024-06-26, sold 2025-10-29; proceeds 1,740.58, basis 1,858.97)-118.39
F8949.D.X244Cedar Logistics (acquired 2023-06-16, sold 2025-05-19; proceeds 477.35, basis 456.95)20.4
F8949.D.X245Eastline Utilities (acquired 2024-01-23, sold 2025-12-02; proceeds 1,744.43, basis 1,635.57)108.86
F8949.D.X246Silverline Energy (acquired 2024-06-27, sold 2025-10-08; proceeds 2,527.38, basis 2,188.87)338.51
F8949.D.X247Bayfront Foods (acquired 2023-04-19, sold 2025-10-10; proceeds 2,351.08, basis 2,368.91)-17.83
F8949.D.X248Keystone Rail (acquired 2023-07-03, sold 2025-11-14; proceeds 1,230.23, basis 1,237.19)-6.96
F8949.D.X249Northwind Air (acquired 2023-01-20, sold 2025-04-25; proceeds 1,597.06, basis 1,633.82)-36.76
F8949.D.X251Juniper Cloud (acquired 2024-03-05, sold 2025-04-22; proceeds 1,554.58, basis 1,745.39)-190.81
F8949.D.X252Bayfront Foods (acquired 2023-06-16, sold 2025-02-04; proceeds 1,496.81, basis 1,294.60)202.21
F8949.D.X253Acadia Robotics (acquired 2023-01-06, sold 2025-01-03; proceeds 338.76, basis 407.41)-68.65
F8949.D.X254Harborview Insurance (acquired 2024-04-10, sold 2025-10-02; proceeds 2,144.59, basis 1,901.56)243.03
F8949.D.X255Ivory Semis (acquired 2024-07-17, sold 2025-11-04; proceeds 1,968.14, basis 2,034.45)-66.31
F8949.D.X256Northwind Air (acquired 2023-10-20, sold 2025-12-08; proceeds 1,799.10, basis 2,055.39)-256.29
F8949.D.X257Quarry Materials (acquired 2024-04-10, sold 2025-12-01; proceeds 439.09, basis 381.22)57.87
Box EBox E totals (proceeds 15,300.00; basis 0.00; adjustments 0.00)15,300
1 lots
LineLotGain or loss
F8949.E.N4Corvane Systems Inc (RSU) (acquired 2023-08-15, sold 2025-08-12; proceeds 15,300.00, basis 0.00)15,300
Box FBox F totals (proceeds 21,215.00; basis 0.00; adjustments 0.00)21,215
1 lots
LineLotGain or loss
F8949.F.SCORPLindqvist Family Woodworks, Inc. - distributions in excess of stock basis (acquired 2018-12-20, sold 2025-12-31; proceeds 21,215.00, basis 0.00)21,215
Box HBox H totals (proceeds 20,135.00; basis 16,721.00; adjustments 0.00)3,414
7 lots
LineLotGain or loss
F8949.H.C2ETH 1.25 units (acquired 2024-11-30, sold 2025-02-14; proceeds 3,412.00, basis 4,680.00)-1,268
F8949.H.C3BTC 0.03 units (acquired 2024-12-15, sold 2025-03-03; proceeds 2,610.00, basis 3,105.00)-495
F8949.H.C5SOL 22.0 units (acquired 2025-01-05, sold 2025-05-30; proceeds 3,520.00, basis 4,290.00)-770
F8949.H.C6BTC 0.05 units (acquired 2025-06-01, sold 2025-06-18; proceeds 5,325.00, basis 0.00)5,325
F8949.H.C8BTC 0.015 units (acquired 2025-03-10, sold 2025-08-21; proceeds 1,740.00, basis 1,236.00)504
F8949.H.C10ETH 0.6 units (acquired 2025-05-14, sold 2025-10-30; proceeds 2,238.00, basis 1,590.00)648
F8949.H.C12SOL 10.0 units (acquired 2025-08-01, sold 2025-12-22; proceeds 1,290.00, basis 1,820.00)-530
Box KBox K totals (proceeds 14,698.00; basis 8,851.00; adjustments 0.00)5,847
5 lots
LineLotGain or loss
F8949.K.C1BTC 0.0412 units (acquired 2023-02-11, sold 2025-01-09; proceeds 3,940.00, basis 912.00)3,028
F8949.K.C4ETH 0.8 units (acquired 2022-06-20, sold 2025-04-22; proceeds 1,408.00, basis 864.00)544
F8949.K.C7ETH 2.0 units (acquired 2023-09-01, sold 2025-07-02; proceeds 5,180.00, basis 3,290.00)1,890
F8949.K.C9SOL 15.0 units (acquired 2024-04-02, sold 2025-09-12; proceeds 2,310.00, basis 2,475.00)-165
F8949.K.C11BTC 0.02 units (acquired 2021-11-08, sold 2025-11-19; proceeds 1,860.00, basis 1,310.00)550

Schedule D

LineLabelv3Now2024Sources
SchD.1bShort-term from Form 8949 box A2120
SchD.2Short-term from Form 8949 box B37,7200
SchD.3Short-term from Form 8949 box H (digital assets, basis not reported)3,4140
SchD.6Short-term capital loss carryover from 2024-3,2001
SchD.7Net short-term gain or (loss)38,146-6,2000
SchD.8bLong-term from Form 8949 box D7,3090
SchD.9Long-term from Form 8949 box E15,3000
SchD.10Long-term from Form 8949 box F and K27,0620
SchD.11Gain from Form 4797105,0400
SchD.12Net long-term gain from partnerships and S corporations1,3501
SchD.13Capital gain distributions1,8202
SchD.14Long-term capital loss carryover from 2024-11,0001
SchD.15Net long-term gain or (loss)146,881-11,0000
SchD.16Combine lines 7 and 15185,027-17,2000
SchD.1828% rate gain00
SchD.19Unrecaptured section 1250 gain50,3400
Books to taxSchedule C, self-employment and QBI
LineLabelv3Now2024Sources
SchC.1Gross receipts163,700128,4007
SchC.5Gross profit163,7000
SchC.7Gross income163,7000
SchC.8Advertising2,1001,9001
SchC.44aBusiness miles (Part IV)11,8007,4004
SchC.44bCommuting miles01
SchC.44cOther miles5,9402
SchC.43Date vehicle placed in service for business2021-06-011
SchC.9Car and truck expenses (standard mileage)8,2604,9581
SchC.11Contract labor7,40012,4003
F4562-C.12Section 179 expense deduction03
F4562-C.14Special depreciation allowance (100%)38,0004
F4562-C.19aMACRS 5-year property placed in service 202503
F4562-C.22Total depreciation (Schedule C)38,0000
SchC.13Depreciation and section 17938,0000
SchC.15Insurance (other than health)1,4501,3501
SchC.17Legal and professional services1,8001,5001
SchC.18Office expense1,1801,0501
SchC.22Supplies3,2402,9001
SchC.24aTravel4,5206,1001
SchC.24bDeductible meals (50%)1,9801,6501
SchC.25Utilities (telephone and internet)3,4803,1202
SchC.27a.1Other expenses - software and subscriptions6,8501
SchC.27a.2Other expenses - bank and merchant fees3861
SchC.28Total expenses80,64655,0000
SchC.29Tentative profit83,05473,4000
SchC.30Home office (simplified method, average 240 sq ft x $5)1,2001,5003
SchC.31Net profit81,85471,9000
SchC.IMade payments requiring Forms 1099Yes3
SchC.JFiled or will file required Forms 1099No1
SchSE.2Net profit from Schedule C81,8540
SchSE.4aNet earnings (x 92.35%)75,5920
SchSE.6Total net earnings75,5920
SchSE.10Social security portion9,3731
SchSE.11Medicare portion2,1920
SchSE.12Self-employment tax11,56510,1590
SchSE.13Deduction for one-half of SE tax5,7835,0800
F8995.2.1QBI - Lindqvist Studio (Schedule C)46,4570
F8995.15.1QBI component - Lindqvist Studio (Schedule C) (W-2 wages 0, UBIA 38,000)9,2911
F8995.2.2QBI - Lindqvist Family Woodworks, Inc.18,4003
F8995.15.2QBI component - Lindqvist Family Woodworks, Inc. (W-2 wages 41,000, UBIA 120,000)3,6801
F8995.27Total QBI component12,9710
F8995.33Taxable income before QBI deduction359,8840
F8995.34Net capital gain152,8510
F8995.36Income limitation41,4070
F8995.39QBI deduction12,9710
Rentals and passive lossesSchedule E, Form 8582, Form 4797
LineLabelv3Now2024Sources
F4562-E.total-ADepreciation - 1450 Fremont Way13,8912
F4562-E.total-BDepreciation - 1200 Barton Hills Dr 4C7,3292
SchE.1AProperty A1450 Fremont Way, Sacramento CA1
SchE.3ARents received - property A37,20036,6002
SchE.9AInsurance - property A1,8501,8001
SchE.11AManagement fees - property A2,9762,9281
SchE.12AMortgage interest - property A14,90015,4001
SchE.14ARepairs - property A13,3003,9001
SchE.16ATaxes - property A6,2406,1003
SchE.18ADepreciation - property A13,89113,8910
SchE.20ATotal expenses - property A53,15744,0190
SchE.21AIncome or (loss) - property A-15,957-7,4190
SchE.1BProperty B1200 Barton Hills Dr Unit 4C, Austin TX1
SchE.3BRents received - property B20,25018,1281
SchE.9BInsurance - property B1,1001,0501
SchE.12BMortgage interest - property B6,9009,2001
SchE.14BRepairs - property B1,8006,8001
SchE.16BTaxes - property B5,5446,9001
SchE.18BDepreciation - property B7,3299,2580
SchE.19BOther (HOA dues) - property B4,1004,9201
SchE.20BTotal expenses - property B26,77338,1280
SchE.21BIncome or (loss) - property B-6,523-20,0000
SchE.2ADays rented / personal use - property A365 / 01
SchE.2BDays rented / personal use - property B273 / 02
F4797.20Dates acquired / sold2020-03-01 / 2025-10-152
F4797.21Gross sales price395,0002
F4797.22Cost or other basis plus expense of sale340,3004
F4797.23Depreciation allowed50,3402
F4797.24Adjusted basis289,9600
F4797.25Total gain105,0400
F4797.26gAdditional depreciation after 1975 (section 1250)00
F4797.32Section 1231 gain from Part III105,0400
F4797.7Net section 1231 gain105,0400
F4797.8Nonrecaptured section 1231 losses from prior years01
F4797.9Section 1231 gain to Schedule D105,0400
SchE.28ALindqvist Family Woodworks, Inc. (S corporation) - passive income18,40016,9001
SchE.28BRidgeline Real Estate Fund III LP - passive rental income8,4007,9001
SchE.32Total partnership and S corporation income26,80024,8000
F8582.1aRental activities with net income (incl. Form 4797 gain on disposed property)105,0400
F8582.1bRental activities with net loss-22,480-27,4190
F8582.1cPrior-year unallowed rental losses-16,150-13,5312
F8582.3aOther passive activities with net income26,80024,8000
F8582.4Combine lines 1d and 3d93,210-16,1500
SchE.22ADeductible rental loss after limitation - property A-22,257-9,6741
SchE.22BDeductible rental loss after limitation - property B-16,373-15,1261
SchE.26Total rental real estate income or (loss)-38,630-24,8000
SchE.41Total income or (loss)-11,83000
K-1 lines4 K-1 documents

2025 Schedule K-1 (Form 1065) - Ridgeline Real Estate Fund III LP (D37)

FieldLabelValueRead confidence
box2Box 2 net rental real estate income8,4000.99
box5Box 5 interest income1200.99
box9aBox 9a net long-term capital gain1,3500.99
box19aBox 19A distributions6,0000.99
box21Box 21 foreign taxes paid2100.99
cap_beginBeginning capital account60,0000.99
cap_endEnding capital account63,6600.99

Ridgeline Real Estate Fund III - 2025 state supplement (D38)

FieldLabelValueRead confidence
pct_CACA share of box 20.220.99
pct_TXTX share of box 20.310.99
pct_AZAZ share of box 20.270.99
pct_NVNV share of box 20.20.99

2025 Schedule K-1 (Form 1120-S) - Lindqvist Family Woodworks, Inc. (D39)

FieldLabelValueRead confidence
box1Box 1 ordinary business income18,4000.99
box4Box 4 interest income850.99
box16dBox 16D distributions42,0000.99
ownershipOwnership percentage0.20.99
qbiSection 199A QBI18,4000.99
w2wagesSection 199A W-2 wages41,0000.99
ubiaSection 199A UBIA120,0000.99
or_taxOregon composite tax paid for shareholder1,5800.99

2023 Schedule K-1 (Form 1120-S) - Lindqvist Family Woodworks, Inc. (D40)

FieldLabelValueRead confidence
box1Box 1 ordinary business income14,1000.99
box4Box 4 interest income00.99
box16dBox 16D distributions20,0000.99
ownershipOwnership percentage0.20.99

Shareholder basis (Form 7203)

LineLabelv3NowSources
F7203.1Stock basis at beginning of year2,3004
F7203.3aOrdinary business income18,4001
F7203.3cInterest income851
F7203.4Total increases18,4850
F7203.5Stock basis before distributions20,7850
F7203.6Distributions42,0001
F7203.7Stock basis after distributions00
F7203.15Ending stock basis00
F7203.excessDistributions in excess of basis (capital gain)21,2150
Retirement and foreign itemsIRA basis, HSA, foreign accounts
LineLabelv3Now2024Sources
SchB.7aForeign account: financial interest or signature authorityYesYes1
SchB.7bCountry of foreign accountSwedenSweden1
SchB.8Distribution from or grantor of a foreign trustNo0
F8606.1Nondeductible contributions for 20257,0007,0001
F8606.2Total basis in traditional IRAs (2024 Form 8606 line 14)7,0002
F8606.3Add lines 1 and 214,0007,0000
F8606.5Line 3 minus line 414,0000
F8606.6Value of traditional IRAs at 12/31/202501
F8606.8Net amount converted to Roth14,0261
F8606.9Add lines 6, 7, 814,0260
F8606.10Line 5 divided by line 910
F8606.11Nontaxable portion converted14,0000
F8606.13Nontaxable portion of all distributions14,0000
F8606.14Basis carried to 202607,0000
F8606.16Amount converted14,0260
F8606.17Basis in amount converted14,0000
F8606.18Taxable amount of conversion260
F8889.3HSA contribution limit (family)8,5501
F8889.9Employer contributions (W-2 code W)6,0003
F8889.13HSA deduction00
F8889.14aTotal distributions2,1501
F8889.15Qualified medical expenses paid2,1502
F8889.16Taxable HSA distributions00
F8938.1.maxForeign deposit account - maximum value (USD at 12/31 Treasury rate)149,5672
F8938.1.yeForeign deposit account - year-end value (USD)123,2542
F8938.reqForm 8938 required (married filing jointly, US residents: >100,000 at year end or >150,000 any time)Yes0

Exchange rates in the packet

SEK per USD: 2024 average10.56
SEK per USD: 2025 average9.86
SEK per USD: 2025 year end9.71
Deductions and credits with limitsItemized, charitable, child and education credits, dependent care
LineLabelv3Now2024Sources
SchA.5aState income taxes paid in 2025 (CA withholding and payments made in 2025)27,87012
SchA.5bReal estate taxes (home)13,4202
SchA.5dTotal state and local taxes41,2900
SchA.5eState and local taxes (limited)40,0001
SchA.7Total taxes40,0000
SchA.8aHome mortgage interest and points reported on Form 109821,8474
SchA.8cPoints not reported on Form 1098 (refinance points amortized, 1 of 360 months)92
SchA.8eTotal home mortgage interest21,8560
SchA.10Total interest21,8560
SchA.11Gifts by cash or check3,3503
F8283.A1.stockAustin Community Foundation - 200 sh Northlake Total Market Index Fund (acquired 2019-04, cost 9,300)14,5004
F8283.A1.vehicleLone Star Kids Auto Donation - 2012 Subaru Outback (VIN 4S4BRBCC2C3209921)6,0002
SchA.12Gifts other than by cash or check20,5000
SchA.14Total gifts to charity23,8500
SchA.17Total itemized deductions85,7060
Sch3.1Foreign tax credit (no Form 1116; passive income, total 600 or less)3962
F8812.1Modified AGI445,5900
F8812.4Qualifying children under 1711
F8812.5Line 4 x 2,2002,2000
F8812.6Other dependents12
F8812.7Line 6 x 5005000
F8812.8Add lines 5 and 72,7000
F8812.11Phase-out reduction2,3000
F8812.12Credit after phase-out4000
F8863.27Adjusted qualified education expenses (Ada)6,8003
F8863.30Tentative AOTC2,5000
F8863.7AOTC after phase-out00
F2441.1aCare provider: Bright Oak Preschool, tax ID 68-04122575,4002
F2441.1bCare provider: Little Sprouts Learning Center, tax ID 74-38295164,2002
F2441.2Qualified expenses - Theo9,6006,2000
F2441.12Dependent care benefits (W-2 box 10)5,0005,0001
F2441.26Taxable dependent care benefits00
F2441.31Credit for child and dependent care expenses000
Sch3.8Total nonrefundable credits (Part I)3960
Sch3.10Amount paid with extension request36,0001
Sch3.11Excess social security tax withheld (two employers)3,3424
Sch3.15Total other payments and refundable credits39,3420
F8867.statusPaid preparer due diligence checklist (CTC/ODC claimed)Not completed0

Limits the engine applies (engine_reference.parameters)

salt_cap40,000
salt_cap_phase_start500,000
salt_cap_phase_rate0.3
salt_cap_floor10,000
ss_wage_base176,100
addl_medicare_threshold250,000
niit_threshold250,000
amt_exemption137,000
amt_phaseout_start1,252,700
qbi_threshold394,600
ctc_per_child2,200
odc_per_dependent500
ctc_phaseout_start400,000
hsa_family_limit8,550
dep_care_limit_one3,000
dep_care_exclusion_max5,000
mileage_rate0.7
home_office_rate5
fed_underpayment_rate0.07
ca_itemized_phaseout_start531,000
ca_section179_limit25,000
ca_underpayment_rate0.07
PaymentsWithholding, estimated payments and extension payments, on the return and in the IRS and FTB records

Payment lines on the return

LineLabelv3Now2024Sources
SchC.IMade payments requiring Forms 1099Yes3
F8949.D.X32Granite Payments (acquired 2024-04-03, sold 2025-04-09; proceeds 1,043.82, basis 1,042.55)1.276
F8949.D.X87Granite Payments (acquired 2023-07-27, sold 2025-02-27; proceeds 537.02, basis 494.68)42.346
F8949.D.X88Granite Payments (acquired 2023-11-15, sold 2025-06-17; proceeds 1,892.62, basis 2,038.03)-145.416
F8949.D.X148Granite Payments (acquired 2023-12-13, sold 2025-07-14; proceeds 980.49, basis 893.76)86.736
F8949.D.X203Granite Payments (acquired 2024-06-10, sold 2025-09-17; proceeds 1,705.28, basis 1,499.22)206.066
SchA.5aState income taxes paid in 2025 (CA withholding and payments made in 2025)27,87012
F8959.22Additional Medicare tax withheld02
F1040.25aFederal income tax withheld (Forms W-2)25,40031,9502
F1040.25dTotal withholding25,4000
F1040.262025 estimated tax payments13,0006,0007
Sch3.10Amount paid with extension request36,0001
Sch3.11Excess social security tax withheld (two employers)3,3424
Sch3.15Total other payments and refundable credits39,3420
F1040.33Total payments77,74237,9500
F2210.8Required annual payment (lesser of 90% of 2025 tax or 110% of 2024 tax)41,3131
F1040.38Estimated tax penalty1640
F540NR.71California income tax withheld13,1302
F540NR.722025 California estimated tax payments14,00012
F540NR.73Extension payment (FTB 3519)00
F540NR.78Total payments27,1300
FTB5805.penaltyUnderpayment of estimated tax penalty (regular method)01

IRS account transcript as of 2026-03-12

DateCodeDescriptionAmount
2025-04-15670Estimated tax payment3,000
2025-06-16670Estimated tax payment3,000
2025-09-15670Estimated tax payment3,000
2026-01-15670Estimated tax payment3,000

IRS account transcript as of 2026-08-03

DateCodeDescriptionAmount
2025-04-15670Estimated tax payment3,000
2025-06-16670Estimated tax payment3,000
2025-09-15670Estimated tax payment3,000
2026-01-15670Estimated tax payment3,000
2026-04-14670Payment with extension (Form 4868)36,000
2026-04-14460Extension of time to file to 2026-10-150
2026-07-14150Return filed and tax assessedtotal tax on the return as filed (your final return)
2026-07-20610Payment with returnbalance due on the return as filed
2026-08-03196/276Interest and failure-to-pay penalty assessed (balance paid after 2026-04-15)computed by IRS

FTB account: Tax year 2025 payments (as of 2026-03-12)

DateAmount
2025-04-153,500
2025-06-163,500
2026-01-153,500

FTB account: Tax year 2024 payments after filing (as of 2026-03-12)

DateAmountNote
2025-09-153,500Web Pay payment designated tax year 2024; held as a 2024 credit
State splitCalifornia part-year: residency and the 540NR

Residency

StateFromToStatus
CA2025-01-012025-07-14resident
TX2025-07-152025-12-31resident
LineLabelv3NowSources
SchCA540NR.1.AWages - federal212,4000
SchCA540NR.1.CWages - CA additions6,0004
SchCA540NR.1.DWages - total using CA law218,4000
SchCA540NR.1.EWages - California amount218,4004
SchCA540NR.2.ATaxable interest - federal6,4500
SchCA540NR.2.BTaxable interest - CA subtractions4101
SchCA540NR.2.DTaxable interest - total using CA law6,0400
SchCA540NR.2.ETaxable interest - California amount3,2271
SchCA540NR.3.AOrdinary dividends - federal7,0600
SchCA540NR.3.DOrdinary dividends - total using CA law7,0600
SchCA540NR.3.EOrdinary dividends - California amount3,7720
SchCA540NR.4.AIRA distributions (taxable) - federal260
SchCA540NR.4.DIRA distributions (taxable) - total using CA law260
SchCA540NR.4.EIRA distributions (taxable) - California amount261
SchCA540NR.7.ACapital gain or (loss) - federal185,0270
SchCA540NR.7.DCapital gain or (loss) - total using CA law185,0270
SchCA540NR.7.ECapital gain or (loss) - California amount55,1740
SchCA540NR.12.ABusiness income (Schedule C) - federal81,8540
SchCA540NR.12.CBusiness income (Schedule C) - CA additions30,4003
SchCA540NR.12.DBusiness income (Schedule C) - total using CA law112,2540
SchCA540NR.12.EBusiness income (Schedule C) - California amount59,9713
SchCA540NR.17.ARental real estate, partnerships, S corporations - federal-11,8300
SchCA540NR.17.BRental real estate, partnerships, S corporations - CA subtractions4842
SchCA540NR.17.DRental real estate, partnerships, S corporations - total using CA law-12,3140
SchCA540NR.17.ERental real estate, partnerships, S corporations - California amount-16,3102
SchCA540NR.22.DTotal income using CA law516,4930
SchCA540NR.22.ETotal California income324,2600
SchCA540NR.26.DAdjustments to income (half SE tax, SEP, SE health insurance)35,3970
SchCA540NR.26.EAdjustments to income - California amount18,9110
F540NR.13Federal AGI445,5900
F540NR.17Total AGI using California law481,0960
SchCA540NR.A.itemizedCalifornia itemized deductions (no state income tax; no SALT cap)59,1260
F540NR.18Deductions (larger of CA itemized or CA standard)59,1261
F540NR.19Total taxable income421,9700
F540NR.31Tax on total taxable income32,3281
F540NR.32California AGI305,3490
F540NR.34Deduction percentage (line 32 / line 17)0.630
F540NR.35California taxable income267,8220
F540NR.36CA tax rate (line 31 / line 19)0.080
F540NR.37California tax before exemption credits20,5150
F540NR.39Prorated exemption credits7974
F540NR.40Regular tax19,7180
ScheduleS.creditCredit for net income tax paid to Oregon (composite, resident-period share)8441
F540NR.61Alternative minimum tax (Schedule P)00
F540NR.64Total tax18,8740
F540NR.71California income tax withheld13,1302
F540NR.722025 California estimated tax payments14,00012
F540NR.73Extension payment (FTB 3519)00
F540NR.78Total payments27,1300
F540NR.97Overpaid tax8,2560
FTB3885A.SAC-APPLCalifornia depreciation - SAC-APPL4841
FTB3885A.STU-PRINTERCalifornia depreciation - STU-PRINTER2,8401
FTB3885A.STU-CAMERACalifornia depreciation - STU-CAMERA3,2601
FTB3885A.STU-WORKSTCalifornia depreciation - STU-WORKST1,5001
FTB5805.penaltyUnderpayment of estimated tax penalty (regular method)01
CarryoversInto 2025 from the prior year, and out of 2025

Into 2025 (prior_years)

Capital loss short3,200
Capital loss long11,000
Passive 1450 Fremont6,300
Passive 1200 Barton Hills9,850
Section 1231 Losses0
Charitable0
AMT credit0
NOL0
Foreign tax credit0
QBI loss0
California: Capital loss short3,200
California: Capital loss long11,000
California: Passive 1450 Fremont6,300
California: Passive 1200 Barton Hills9,850
California: NoteSame as federal except depreciation: the 2021 appliances (SAC-APPL) have remaining California basis because California did not allow the federal 100% special depreciation.
Sources2024 return (D06 pages 6 and 9) and prior preparer workpaper (D07)

Out of 2025 (v3)

Federal: Capital loss short0
Federal: Capital loss long0
Federal: Passive 1450 Fremont0
Federal: Passive 1200 Barton Hills0
Federal: Minimum tax credit from 2025 AMT3,871
Federal: Charitable0
Federal: Section 1790
Federal: IRA nondeductible basis ngozi0
Federal: S corp stock basis end0
Federal: Ridgeline capital account end63,660
Federal: SEP contribution not deductible for 20252,786
California: Capital loss0
California: Passive0
California: Depreciation basis differences{"SAC-APPL":241.92,"STU-PRINTER":11360,"STU-CAMERA":13040,"STU-WORKST":6000}
Basis by yearS corporation, partnership, IRA, home

S corp lindqvist family woodworks

YearEnding stock basisSourceK-1 incomeDistributions
2,02221,300client worksheet in prior preparer file
2,023missing - 2023 K-1 not in prior file
2,0242024 K-1 (prior return)16,90030,000

Partnership ridgeline

YearEnding capital accountOutside basisSource
2,02460,0002024 K-1; outside basis never computed

IRA nondeductible basis ngozi

YearForm 8606 Line 14Source
2,0247,0002024 Form 8606

Home 7709 Barton Ridge

EventPriceSource
purchase 2025-07-08685,000D54
Prior preparer against our changesPrior workpaper D07

Open the prior preparer’s workpaper

Their summary

MFJ, CA residents. Sole prop (design studio) - simplified home office, standard mileage. Two rentals, both passive, losses suspended except to the extent of passive income (Woodworks K-1, Ridgeline K-1). Capital loss carryover. Backdoor Roth started (2024 contribution made 02/2025).

Their notes

  • Woodworks S corp basis: 2022 ending stock basis 21,300 per client's 2022 worksheet. 2023 K-1 not provided - basis not rolled forward. 2024 distributions 30,000 vs income 16,900; assumed basis sufficient.
  • 8606: basis 7,000 per client (2024 contribution made 02/12/2025). 5498 not obtained.
  • Sparbanken account: FBAR filed by client separately. 8938 filed (max 151,880).
  • Fremont Way appliances 2021: 100% bonus federal; CA 5-yr 200DB.
  • Home office 300 sq ft (Sacramento rental house, 2 rooms combined?) - client to confirm.

Open items they left

  • Obtain 2023 Woodworks K-1 to roll basis forward.
  • Confirm 2024 Form 5498 for IRA basis.
  • Client to confirm home office square footage.
  • 2023 Form 3520 (foreign inheritance over 100,000) - discussed? (no note of resolution)

Notes on the 2024 return

Sch1: 17No self-employed health insurance deduction: Erik was covered on Ngozi's employer plan in 2024.
SchC: 30Simplified method, 300 sq ft.
F8582Unallowed losses allocated by each activity's share of total losses (current plus prior).

Our changes in this workspace

Every proposed and applied adjustment, with who, why and who signed: Adjustments on Review.

Related returns and outside filings
WhoReturn or filingPrepared by or dueIn this packet
Ada Lindqvist-Okafor2025 Form 1040 (her own; summer job W-2 4,100; checked 'someone can claim you as a dependent')Ada, using consumer softwareNo
Lindqvist Family Woodworks, Inc.2025 Form 1120-S and Oregon composite returnWillamette CPA Group (not this firm)K-1s only (D39, D40)
Ridgeline Real Estate Fund III LP2025 Form 1065 and Arizona composite returnfund administratorK-1 and state supplement only (D37, D38)
Outside this engagementFinCEN 114 (FBAR) automatic extended due date (outside engagement)Due 15 Oct 2026No
Outside this engagementForms 1099-NEC for 2025 contractor payments (late; outside engagement)Due 02 Feb 2026No