Resume

President

Location:

Mantua, NJ

Posted:

September 27, 2023

Contact this candidate

Resume:

Total payments, credits, and section *** net tax liability (Schedule J, Part III, line 23)

Form 1120 For calendar year U.2019 S. or Corporation tax year beginning Income Tax ending Return OMB No. 1545-0123 Department of the Treasury

Internal Revenue Service Go to

Check if: Name B Employer identification number

TYPE

Consolidated return

(attach Form 851)

Number, street, and room or suite no. If a P.O. box, see instructions. C Date incorporated Personal holding co.

(attach Sch. PH)

Personal service corp.

(see instructions)

City or town, state or province, country, and ZIP or foreign postal code D Total assets (see instructions)

2 Cost of goods sold (attach Form 1125-A) 2

3 Gross profit. Subtract line 2 from line 1c 3

4 Dividends and inclusions (Schedule C, line 23) 4 5 Interest 5

6 Gross rents 6

Income

7 Gross royalties

8 Capital gain net income (attach Schedule D (Form 1120)) 8 9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) 9 10 Other income (see instructions—attach statement) 10 11 Total income. Add lines 3 through 10 11

12 Compensation of officers (see instructions—attach Form 1125-E) 12 13 Salaries and wages (less employment credits) 13 14 Repairs and maintenance 14

15 Bad debts 15

16 Rents 16

17 Taxes and licenses 17

18 Interest (see instructions) 18

19 Charitable contributions 19

20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) 21 Depletion 21

22 Advertising 22

23 Pension, profit-sharing, etc., plans 23

24 Employee benefit programs 24

26 Other deductions (attach statement)

27 Total deductions. Add lines 12 through 26 27

28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11 28 29a Net operating loss deduction (see instructions) 29a Deductions (See instructions for limitations on deductions.) Special deductions (Schedule C, line 24)

29c

29b

30 Taxable income. Subtract line 29c from line 28. See instructions 30 31 (Schedule J, Part I, line 11) 31

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

Amount owed. If line 33 is smaller than the total of lines 31, 32, and 34, enter amount owed 34

Overpayment. If line 33 is larger than the total of lines 31, 32, and 34, enter amount overpaid 35

Enter amount from line 36 you want: Credited to 2020 estimated tax 36 36

Refunded

(1) Initial return (2) Final return (3) Name change (4) Address change Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, Sign correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here

Signature of officer Date Title

Form 1120 (2019)

See instructions. Yes No

For Paperwork Reduction Act Notice, see separate instructions. 4 Schedule M-3 attached Check if:

2019

25 Reserved for future use

UYA

May the IRS discuss this return

with the preparer shown below?

Life/nonlife consoli-

dated return

Paid

Preparer

Use Only

Print/Type preparer's name Date Check PTIN

self-employed

Firm's name

Firm's address

Firm's EIN

Phone no.

Preparer's signature if

c Add lines 29a and 29b

Total tax

Tax, Refundable Credits,

and Payments

www.irs.gov/Form1120

1a Gross receipts or sales

b Returns and allowances

Balance. Subtract line 1b from line 1a

for instructions and the latest information.

37 37

2019 net 965 tax liability paid (Schedule J, Part II, line 12) Bhagwanti Managment, Inc. 83-0876998

541 Kings Hwy 06/09/2018

Swedesboro, NJ 08085 69,995.

2,706,107.

2,420,186.

285,921.

14,340.

26,970.

26,642.

67,045.

15,842.

136,118.

286,957.

-1,036.

843.

Robert U Syme Robert U Syme 10/22/2021

P00980549

Robert Syme

1 Shamrock Ave

New Castle, DE 19720 302-***-****

Form 1120 (2019) Page 2

(a) X (b)

(a) Dividends and

inclusions

(b) %

1 Dividends from less-than-20%-owned domestic corporations (other than debt-financed stock) 50

2 Dividends from 20%-or-more-owned domestic corporations (other than debt-financed stock) 65

3 Dividends on certain debt-financed stock of domestic and foreign corporations 4 Dividends on certain preferred stock of less-than-20%-owned public utilities 23.3 5 Dividends on certain preferred stock of 20%-or-more-owned public utilities 26.7 6 Dividends from less-than-20%-owned foreign corporations and certain FSCs 50 7 Dividends from 20%-or-more-owned foreign corporations and certain FSCs 65 8 Dividends from wholly owned foreign subsidiaries 100 9 Subtotal. Add lines 1 through 8. See instructions for limitations 10

company operating under the Small Business Investment Act of 1958 100 11 Dividends from affiliated group members 100

12 Dividends from certain FSCs

13 Foreign-source portion of dividends received from a specified 10%-owned foreign 14

15 Section 965(a) inclusion

16a Subpart F inclusions derived from the sale by a controlled foreign corporation (CFC) of 17 Global Intangible Low-Taxed Income (GILTI) (attach Form(s) 5471 and Form 8992) 18 Gross-up for foreign taxes deemed paid

Total dividends and inclusions. Add column (a), lines 9 through 20. Enter here and 19

Total special deductions. Add column (c), lines 9 through 22. Enter here and on page 1, line 29b 20

Form 1120 (2019)

Schedule C

100

UYA

Dividends from domestic corporations received by a small business investment see

instructions

see

instructions

see

instructions

100

corporation (excluding hybrid dividends) (see instructions) Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or 13

(including any hybrid dividends)

the stock of a lower-tier foreign corporation treated as a dividend (attach Form(s) 5471)

(see instructions)

Subpart F inclusions derived from hybrid dividends of tiered corporations (attach Form(s) 5471) (see instructions)

Other inclusions from CFCs under subpart F not included on line 15, 16a, 16b, or 17

(attach Form(s) 5471) (see instructions)

on page 1, line 4

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

Section 250 deduction (attach Form 8993)

Deduction for dividends paid on certain preferred stock of public utilities Bhagwanti Managment, Inc. 83-0876998

10/22/2021 04:17:41PM

Form 1120 (2019) Page 3

Tax Computation and Payment (see instructions)

1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)). See instructions 2 Income tax. See instructions 2

5a Foreign tax credit (attach Form 1118) 5a

b Credit from Form 8834 (see instructions) 5b

d Credit for prior year minimum tax (attach Form 8827) 5d 6 Total credits. Add lines 5a through 5e

7 Subtract line 6 from line 4 7

8 8

3 Base erosion minimum tax amount (attach Form 8991) 3 4 Add lines 2 and 3 4

Schedule J

10 10

Form 1120 (2019)

e 5e

General business credit (attach Form 3800)

UYA

Bond credits from Form 8912

Part I-Tax Computation

Personal holding company tax (attach Schedule PH (Form 1120)) b

Recapture of investment credit (attach Form 4255)

Recapture of low-income housing credit (attach Form 8611) 9f

Interest due under the look-back method—completed long-term contracts (attach Form 8697)

Form 8866)

Interest due under the look-back method—income forecast method (attach Alternative tax on qualifying shipping activities (attach Form 8902) Other (see instructions—attach statement)

Total. Add lines 9a through 9f

11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31 Part II-Section 965 Payments

2018 overpayment credited to 2019

2019 estimated tax payments

2019 refund applied for on Form 4466

Combine lines 13, 14, and 15

Tax deposited with Form 7004

Withholding (see instructions)

Total payments. Add lines 16, 17, and 18

Refundable credits from:

a Form 2439

Form 4136

Form 8827, line 5c

d Other (attach statement—see instructions)

21 Total credits. Add lines 20a through 20d

Total payment, credits, and section 965 net tax liability. Add lines 19, 21, and 22. Enter here and on page 1, 11

20a

20b

20c

20d

21 2019 net 965 tax liability paid from Form 965-B, Part II, column (k), line 3. Enter here and on page 1, line 32 19

22 2019 net 965 tax liability from Form 965-B, Part I, column (d), line 3. See instructions 22 23

line 33

Part III-Payments, Refundable Credits, and Section 965 Net Tax Liability

(see instructions)

Bhagwanti Managment, Inc. 83-0876998

843.

10/22/2021 04:17:41PM

Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached UYA Form 1120 (2019)

Form 1120 (2019)

Schedule K (see instructions)

Page 4

Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic partnership If “Yes,” complete (i) through (iv) below.

(including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. b

(i) Name of Entity Identification Number

(ii)

(if any)

(iii)

(iv) Maximum

Percentage Owned in

Profit, Loss, or Capital

Employer

6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary. 7

8 Check this box if the corporation issued publicly offered debt instruments with original issue discount 9 Enter the amount of tax-exempt interest received or accrued during the tax year

(c)

classes of the corporation’s stock entitled to vote or at least 25% of the total value of all classes of the corporation’s stock? For rules of attribution, see section 318. If "Yes," enter: The corporation may have to file, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign If checked, the corporation may have to file, Information Return for Publicly Offered Original Issue Discount Instruments. Enter the number of shareholders at the end of the tax year (if 100 or fewer) If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) 10

excess of the corporation’s current and accumulated earnings and profits? See sections 301 and 316 If "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452. At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all

(a) Percentage owned and (b) Owner's country

Form 5472

12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on page Form 8281

(i) Name of Corporation Identification Number

(ii)

(if any)

(iii)

Owned in Voting

Stock

Country of

Incorporation

Employer (iv) Percentage

Country of

Other Information

At the end of the tax year, did the corporation:

Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of any foreign or domestic corporation not included on 5

Yes No

If "Yes," complete (i) through (iv) below.

Form 851, Affiliations Schedule? For rules of constructive ownership, see instr. Organization

1, line 29a.)

At the end of the tax year:

Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the 4

b Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote? If “Yes,” complete Part II of Schedule G (Form 1120) (attach Schedule G) corporation’s stock entitled to vote? If “Yes,” complete Part I of Schedule G (Form 1120) (attach Schedule G) a

See the instructions and enter the:

Business activity code no.

b Business activity

c Product or service

1 Check accounting method:

3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? If “Yes,” enter name and EIN of the parent corporation a Cash b Accrual c Other (specify)

Bhagwanti Managment, Inc. 83-0876998

447100

Retail sales

Gasoline

1,098.

10/22/2021 04:17:41PM

UYA Form 1120 (2019)

Form 1120 (2019)

Schedule K (continued from page 4)

Page 5

Other Information

Yes No

17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value) 15a

Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions If “Yes,” complete and attach Schedule UTP.

Did the corporation make any payments in 2019 that would require it to file Form(s) 1099? If “Yes,” did or will the corporation file required Form(s) 1099? 13 Are the corporation’s total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year 16 During this tax year, did the corporation have an 80%-or-more change in ownership, including a change due to redemption of its own stock?

tax year less than $250,000?

If “Yes,” the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash distributions and the book value of property distributions (other than cash) made during the tax year $ 21

and its total assets at the end of the

of its assets in a taxable, non-taxable, or tax deferred transaction? Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair market value of more than $1 million?

During the corporation’s tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? Is the corporation operating on a cooperative basis? During the tax year, did the corporation pay or accrue any interest or royalty for which the deduction is not allowed under section 267A? See instructions

If “Yes,” enter the total amount of the disallowed deductions $ Does the corporation have gross receipts of at least $500 million in any of the 3 preceding tax years? (See sections 59A(e)(2) and (3))

If “Yes,” complete and attach Form 8991.

Did the corporation have an election under section 163(j) for any real property trade or business or any farming business in effect during the tax year? See instructions

Does the corporation satisfy one or more of the following? See instructions The corporation’s aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding the current tax year are more than $26 million and the corporation has business interest expense. The corporation is a tax shelter and the corporation has business interest expense. If “Yes,” to any, complete and attach Form 8990.

Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? If “Yes,” enter amount from Form 8996, line 14 $

a The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense. Bhagwanti Managment, Inc. 83-0876998

10/22/2021 04:17:41PM

Other decreases (itemize):

Schedule M-2

Schedule M-1

Schedule L

Form 1120 (2019) Page 6

Balance Sheets per Books Beginning of tax year End of tax year Assets (a) (b) (c) (d)

1 Cash

2a Trade notes and accounts receivable

b Less allowance for bad debts

3 Inventories

4 U.S. government obligations

5 Tax-exempt securities (see instructions)

6 Other current assets (attach statement)

7 Loans to shareholders

8 Mortgage and real estate loans

9 Other investments (attach statement)

10a Buildings and other depreciable assets

b Less accumulated depreciation

11a Depletable assets

b Less accumulated depletion

12 Land (net of any amortization)

13a Intangible assets (amortizable only)

b Less accumulated amortization

14 Other assets (attach statement)

15 Total assets

Liabilities and Shareholders' Equity

16 Accounts payable

17 Mortgages, notes, bonds payable in less than 1 year 18 Other current liabilities (attach statement)

19 Loans from shareholders

20 Mortgages, notes, bonds payable in 1 year or more 21 Other liabilities (attach statement)

22 Capital stock: a Preferred stock

b Common stock

23 Additional paid-in capital

24 Retained earnings-Appropriated (attach statement) 25 Retained earnings-Unappropriated

27 Less cost of treasury stock

Reconciliation of Income (Loss) per Books With Income per Return 1 Net income (loss) per books Income recorded on books this year not included on this return (itemize):

2 Federal income tax per books

3 Excess of capital losses over capital gains Tax-exempt interest $ Income subject to tax not recorded on books

this year (itemize):

Deductions on this return not charged

against book income this year (itemize):

Expenses recorded on books this year not

deducted on this return (itemize):

a Depreciation

a Depreciation b Charitable contributions

b Charitable contributions $

c Travel and entertainment $

9 Add lines 7 and 8

6 Add lines 1 through 5 10

Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L) 1 Balance at beginning of year 5 Distributions: a Cash 2 Net income (loss) per books b Stock

3 Other increases (itemize): c Property

7 Add lines 5 and 6

4 Add lines 1, 2, and 3 8 Balance at end of year (line 4 less line 7)

Form 1120 (2019)

UYA

. . . . .

Income (page 1, line 28) - line 6 less line 9

Note: The corporation may be required to file Schedule M-3. See instructions. Total liabilities and shareholders' equity Bhagwanti Managment, Inc. 83-0876998

6,321. 12,650.

27,101. 22,638.

59,320. 59,320.

9,224. 50,096. 24,613. 34,707.

83,518. 69,995.

12,342.

8,922. 39,779.

63,352. 56,391.

-1,098. -26,175.

83,518. 69,995.

-25,077.

10,383.

Stmt. attached 13,658. 13,658.

-1,036. -1,036.

-1,098.

-25,077.

-26,175. -26,175.

10/22/2021 04:17:41PM

Form 1125-A

(Rev. November 2018)

Department of the Treasury

Internal Revenue Service

Cost of Goods Sold

Attach to Form 1120, 1120-C, 1120-F, 1120S, or 1065. OMB No. 1545-0123

Name Employer identification number

1 Inventory at beginning of year 1

2 Purchases 2

3 Cost of labor 3

4 Additional section 263A costs (attach schedule) 4 5 Other costs (attach schedule) 5

6 Total. Add lines 1 through 5 6

7 Inventory at end of year 7

8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the appropriate line of your tax return. See instructions 8 9a Check all methods used for valuing closing inventory:

(i) Cost

(ii) Lower of cost or market

(iii) Other (Specify method used and attach explanation.) b Check if there was a writedown of subnormal goods c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed under LIFO 9d

e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions Yes No f Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes," attach explanation Yes No

For Paperwork Reduction Act Notice, see instructions. Form 1125-A (Rev. 11-2018) UYA

Go to www.irs.gov/Form1125A for the latest information. Bhagwanti Managment, Inc. 83-0876998

27,101.

2,394,022.

12,701.

2,433,824.

13,638.

2,420,186.

10/22/2021 04:17:41PM

Cost of Goods Sold

Business Name Employer identifying number

Description Amount

10.

Total

UYA

1125-A Line 5: Other Costs

Bhagwanti Managment, Inc. 83-0876998

Delivery charges 12,701.

12,701.

10/22/2021 04:17:41PM

OMB No.1545-0123

SCHEDULE G

(Form 1120)

Information on Certain Persons Owning the

Corporation's Voting Stock

Department of the Treasury

Internal Revenue Service

Attach to Form 1120.

Name Employer identification number (EIN)

Certain Entities Owning the Corporation's Voting Stock. (Form 1120, Schedule K, Question 4a). Complete columns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation's stock entitled to vote (see instructions).

(iii) Type of Entity

(ii) Employer Identification

(i) Name of Entity Number (if any) (iv) Country of Organization (v) Percentage Owned in Voting Stock Certain Individuals and Estates Owning the Corporation's Voting Stock. (Form 1120, Schedule K, Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% or more, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation's stock entitled to vote (see instructions). Schedule G (Form 1120) (Rev. 12-2011)

Part I

Part II

(iii) Country of

Citizenship (see

instructions)

(iv) Percentage Owned

in Voting Stock

(i) Name of Individual or Estate

(ii) Identifying Number

(if any)

UYA

See instructions.

For paperwork Reduction Act Notice, see the Instructions for Form 1120

(Rev. December 2011)

Bhagwanti Managment, Inc. 83-0876998

Harmeet Kohli 219-11-3248United States 100.00

10/22/2021 04:17:41PM

Form 1125-E

(Rev. October 2016)

Department of the Treasury

Internal Revenue Service

Compensation of Officers

Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S. Information about Form 1125-E and its separate instructions is at OMB No. 1545-0123

Name Employer identification number

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

(a) Name of officer (b) Social security number

time devoted to

business

Percent of stock owned

(d) Common (e) Preferred

(f) Amount of

compensation

1 % % %

% % %

2 Total compensation of officers 2

3 Compensation of officers claimed on Form 1125-A or elsewhere on return 3 4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the appropriate line of your tax return 4

For Paperwork Reduction Act Notice, see separate instructions. Form 1125-E (Rev. 10-2016) UYA

www.irs.gov/form1125e.

(see instructions)

Bhagwanti Managment, Inc. 83-0876998

Harmeet Kohli ***-**-**** 1.00 1.00 14,340.

14,340.

10/22/2021 04:17:41PM

(2019)

Form 4562 (Including Depreciation Information and on Amortization Listed Property) OMB No. 1545-0172 Department of the Treasury

Internal Revenue Service

Attachment

Go to Sequence No. 179

Name(s) shown on return Business or activity to which this form relates Identifying number Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions) 1

2 Total cost of section 179 property placed in service (see instructions) 2 3 Threshold cost of section 179 property before reduction in limitation (see instructions) 3 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- 4 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately, see instructions

6 (a) Description of property (b) Cost (business use only) (c) Elected cost 7 Listed property. Enter the amount from line 29 7 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 8 9 Tentative deduction. Enter the smaller of line 5 or line 8 9 10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 10 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 11 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 12 13 13

Note: Don't use Part II or Part III below for listed property. Instead, use Part V. MACRS Depreciation (Don't include listed property. See instructions. )

(b) Month and

year placed in

service

(business/investment use (d) Recovery

period

(a) (e) Convention (f) Method (g) Depreciation deduction 19a 3-year property

b 5-year property

c 7-year property

d 10-year property

e 15-year property

f 20-year property

Residential rental 27.5 yrs. MM S/L

property

27.5 yrs. MM S/L

Nonresidential real MM S/L

property

MM S/L

20a Class life S/L

b 12-year S/L

d 40-year 40 yrs. MM S/L

Special Depreciation Allowance and Other Depreciation (Don't include listed property. 17 MACRS deductions for assets placed in service in tax years beginning before 2019 17 15 Property subject to section 168(f)(1) election 15 16 Other depreciation (including ACRS) 16

Summary (See instructions.)

21 Listed property. Enter amount from line 28 21

Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations—see instructions 22

23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs 23 For Paperwork Reduction Act Notice, see separate instructions. Form 4562 Part IV

Part I

Part II

Part III

Attach to your tax return.

39 yrs.

Section A

18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here

Classification of property

g 25-year property 25 yrs. S/L

during the tax year. See instructions

2019

only—see instructions)

12 yrs.

Special depreciation allowance for qualified property (other than listed property) placed in service Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 UYA

See instructions.

(99) www.irs.gov/Form4562 for instructions and the latest information.

)

c 30-year 30 yrs. MM S/L

Section C—Assets Placed in Service During 2019 Tax Year Using the Alternative Depreciation System Section B—Assets Placed in Service During 2019 Tax Year Using the General Depreciation System Bhagwanti Managment, Inc. Retail sales 83-0876998

1,020,000.

8,765.

2,550,000.

1,020,000.

Fuel Pump - Pole Tav - Retail sales 8,765. 8,765.

8,765.

15,842.

10/22/2021 04:17:41PM

Total Other Deductions

2019

Employer identifying number

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

20.

21.

22.

23.

24.

25.

26.

27.

28.

29.

30.

31.

32.

33.

34.

35.

36.

37.

38.

39.

40.

41.

42.

43.

44.

45.

46.

47.

48.

49. 49

50. 50

Name(s) shown on return

51. 51

52. 52

53. 53

54. 54

Other Deductions Worksheet, Supporting Details for Form 1120, line 26 Bhagwanti Managment, Inc. 83-0876998

Credit card convenience fees 46,287.

Insurance 28,688.

Janitorial 3,650.

Legal and professional fees 3,318.

Utilities 24,265.

Office Supplies 24,201.

Cell phone 2,109.

Environmental fees 3,600.

136,118.

10/22/2021 04:17:41PM

Name as shown on Form 1120 Employer Identification Number Net Operating Loss (NOL) Worksheet

Tax Year

NOL

Occurred

Original

NOL Amount Used

Carryforward

Less Carryback/

(Adjusted NOL)

NOL Available

Remaining

Current Year

Allowed in

Deduction

Form 1120 line 29a

Transfers to Contribution

Converted to NOL

Includes Charitable

(A) (B) (C) (D) (E) (F)

Total charitable contributions converted to NOL to be used next year Totals

Total NOL Carryover

to Next Year

Bhagwanti Managment, Inc. 83-0876998

2018 1,098. 1,098. 1,098.

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1,098. 1,098. 1,098.

10/22/2021 04:17:41PM

Business Name Federal Employer ID Number

Schedule L - Current Liabilities

Description

2019

Beginning of tax year End of tax year

10.

11.

12.

14.

13.

15.

Totals

Description Beginning of tax year End of tax year

10.

11.

12.

14.

13.

15.

Totals

Schedule L - Other Liabilities

Bhagwanti Managment, Inc. 83-0876998

Environmental fees 6,922. 8,437.

Loans Payable 15,489.

Federal Taxes 2019 (2018 est) 10,620.

State Taxes 2019 (2018 est) 2,000. 5,233.

8,922. 39,779.

10/22/2021 04:17:41PM

2019 Schedule M-1 Income Reconciliation Worksheet

Name shown on Form 1120 Federal Employer ID Number Line 4: Income subject to tax not recorded on books this year Line 5: Expenses recorded on books this year not deducted on this return Line 7: Income recorded on books this year not included on this return Line 8: Deductions on this return not charged against book income this year 1

Total

Contact this candidate