Gov. Rick Perry 2007 Taxes

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--
Label
(See
instructions
on page 12.)
Use the IRS
label.
Otherwise,
please print
or type.
Presidential
---j--'
For the year Jan 1-Dec 31,2007, or other tax year beginning . endinG
L Your Ilrst name and initial Last name . Your social security nurnber
A J AMESR. ---!--"'E=R=RY'-----­
If a /Olnt return, spouse's tlrst name and Imtlal Last name Spouse's social security number
L M. ANITA PERRY
H rome address (number and street). II you Ilave a F'.D. box, see page 12. Apt. no. You must enler
E 1010 COLORADO ... your SSr'J(s) above....
R - ------==-===--=-----------------------------'-------+-='---------=­
E City, town or post office, state, and ZIP cOde If you have a foreign address. see page 1:' Checking a box below will nol
AUSTIN TX 78701 change your lax ar relunc
Election Campaign Check here if you, or your spouse if filing Jointly, want $3 to go to this tund (see page 12) D You D Spouse
1 D Single 4 0 Head ot household (with Qualifying person). It the QualifYing
Filing Status [ 'Tl
2 KJ Married filing fOlntly (even if only one had Income) person is a child but not your dependent, entel this Cllild's
3 D Married filing separately. Enter spouse's SSN above name here. .. __
Check only
one box. and full name here. 5 D Quallfylno wldow(el) With dependent child (see paoe 141
5a ,..-;] Yourself. If someone can claim you as a dependent, do not check box 6a Flaxes checked
2
Ll)..J on 6(1 and 60
Exemptions
b [X] Spouse No af Children
l-' on6cwho
C Dependents: (C) Dependent's social (31
,
D
l
e
p
enden1's • lived wllh yae 1
1
security number tMl re a lonship 0
(1) First name LasI name you.did not live With
you due 10 divorce
SYDNEY _
I Dependents on Be
If more than lour
---------1t

. ---_·1-
not ertered above
dependents
I
see page 15. I
d Total number of exemotlons claimed
I
7 Wages, salaries, tips, etc. Attach Form(s) W-2 7
Income
8a Taxable Interest. Attach Schedule B If reqUired 8a
Attach Form(s)
b Tax-exempt Interest. Do not Include on line 8a 257.
W-2 here. Also

attach Forms 9a Ordinary dividends. Attach Schedule BIf reqUired 9a
W-2G and
b Qualified diVidends (see page 19)

12,493-"-j
1099-R if tax
10 Taxable retunds, credits, or oftsefs of state and local Income taxes
was withhe Id.
11 Airmony received
12
"''''0"'' '"co,"' m(''""). AIi"h S,h.",.
If you did not
13 Capital gain or (loss). Attacll Schedule 0 It r t t reqUired, check here D
(let aW-2,
see page 19. 14 Olher gains or (losses). Attach Form 4797 t.
==J 15a IRA distributions i b Taxable amount
Enclose, but do
16a Pensions and annuities 16_'!.L _ b Taxable amount
nOlattach,any
payment. Also,
17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E
please use
18 Farm Income or (loss). Attach Schedule F
Form 1040-V.
19 Unemployment compensation
20a SOCial security benetits I 20a I
I
b Taxable amount (see page 24)
21 Other Income. List type anD amount (see page 24)
---_.
SEE STATEMENT 1
22 Add the amounts In tile tar rioht column for lines 7 tllrouoh21. This is vour total income

23 Educator expenses (see page 26) 23
Certain bUSiness expenses of reserVIsts, performing art;stS. and fee-baSIS government
Adjusted 24 oNlclals. Attach Form 2106 or 2106-EZ 24
Gross 25 Healfh savings account deduction. Attach Form 8889 25
Income 26 MOVing expenses. Attach Form 3903 26
27 One-half of self-employment tax. Attach Schedule SE 27 4 670.
28 Self-employed SEP, SIMPLE, and qualified plans 28 12,082.
29 Self-employed health insurance deducflon (see page 26) 29
30 Penalty on early withdrawal ot savings 30
31a Alimony paid b Recipient's SSN 31a
32 IRA deduction (see page 27) 32
33 Student loan interest deduction (see page 30) STMT 5 33
34 Tuition and lees deduotion. Attaoll Form 8917
35 Domestic production activities deduction. Attacll Form 8903 UEE___
-
36 Add lines 23 tllrougtl 31a and 32 througll 35
11·05·07 37 SulJlract line 36 from line 22. This is your adjusted gross income
e---1Q.­
c---1-!­
12
c---lL
14
",.1§lJ..
16b
17
18
19
20b
21
22
Add numbers
/;l ...
111,494.
2,27l.

--_._-­
-- _._------------­
.§ 71,359.

--------_._.. _--­
-._---------­
34 35l.
65 000.
1 109 562.
I
36 16,752.
37 I 1,092,810.
l.HA For Disclosure, Priv<lcy Act, and Paperwork Reduction Act Notice, see page 83. Form 1040 (cOOl)
710001
---
--
------------
Form 1040 (20071
Tax and
Credits
Standard l
Deduction tor ­
• People who
checked any
box on IlnEo 39a I
0'39Dorwho
child. aHach
I Schedule
Refund
DIrect depOSit ')
See page 59
and f,1I In 74b,
74c. and 74d.
or Form 8888.
Amount
JAMES R. & M. ANITA PERRY
38 Amount from line 37 (adlusted gross income)
39a Cileck
{
D You were born before January 2,
D Blind. }
Total boxes

40
41
I
42
• All others·
Single or
Married filing
separately,
$5.350
Marned filing
JOintly or
Qualifying
wldow(er).
S 10.700
rlead of
householo.
$: .850

Other
Taxes
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
Payments 64
65
if: D Spouse was born before January 2, D Blind. checked 39a I
b If your spouse Itemizes on a separate relurn or you were a dual-status allen, see page 31 and check here 39b
Itemized deductions (from Schedule A) or your standard deduction (see left margin)
Subtract line from line 38
If line 38 IS $117,300 or less, multiply by the total number of exemptions claimed on line 6d.
If line 38 IS over $117,300, see the worksheet on page 33
Taxable income. Subtract line line Lit line more than Ilfle enter -0­
Tax. Check if any tax is from: aD Form(s) 881 bD Form cD Form(s) 8889
Alternative minimum tax. Attach Form 6251
Add lines and
Credit for child and dependent care expenses. Attach Form 1
Credit for the elderly or the disabled. Attach Schedule R
Education credits. Attach Form 8863
Residential energy credits. Attach Form 5695
Foreign tax credit. Attach Form 1116 if required.
Child tax credit (see page 39). Attach Form 8901 If required
Retirement savings contributions credit. Attach Form 8880
Credits from: a D Form 8396 b D Form 8859: c D Form
Other credits:a D Form 3800 b D Form 8801 cD Form
Add lines through 55. TI18se are your total credits
Subtract line 56 tram line If line 56 is more than line enter -0­
Self-employment tax. Attach Schedule SE
..
47
I
48
49
50
51
52
53
54
55
Unreported social security and Medicare tax from: a D Form b D Form 8919
Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 If required 60
Advance earned Income credit payments from Form(s) W-2, box 9
Household employment taxes. Attach Schedule H
Add lines 57 through 62. This is your total tax
Federal Income tax withheld from Forms W-2 and 1099
2007 estimated tax payments and amount applied from 2006 return
rIf;:Du have' 'L.. 66a Earned income credit (EIC) ..
aqualdy,ng J
b Nontaxable combat pay election ..
67 Excess social security and fler 1RRTA tax Withheld (see page 59)STM'T 8
68 Additional child tax credit. Attach Form 8812
69 Amount paid with request for extension to tile (see page 59)
70 Payments from: a DForm b DForm c D Form 8885
71 Refundable credit for prior year minimum tax from Form 8801, line 27
72 Add lines 66a, and 67 These are your total payments
70
71
73 If line 72 is more 1Ilan line 63, subtract line 63 from line 72. ThiS is the amount you overpaid
74a Amount of line 73 you want refunded to you. If Form 8888 IS attached, check here
Routing I I D D Account I
b number C 1Yoe CDec'lng SaVings d number
75 Amount of line 73 you want applied to your 2008 estimated tax
I
75
I
76 Amount you owe. Subtract line 72 from line 63. For details on how to pay, see Pi ge 60 I
You Owe 77 Estimated tax Denaltv (see oaae 611 . . 77
64
65

1_4 ,
39,900...!,
61
62
63

(__61...
I 68
69 140
8 •
000.
72
J3


D 74a
76
193.
Page 2
38 1 092,810.
D
',41!..
..
IE 40 5 864.
41 lj 086", 941>.
I 42 3 399.
43 1 083,547.
44 177,677 •
45 8,086.
46 185,763.
80.
56 80.
57 185,683.
58 9 34tL·
59
I
I
195,023.
STATEMENT

1,038.
Third Party Do you want to allow another person to diSCUSS thiS return With 1Ile IRS (see page 61)? [X] Yes. Complete the follOWing. D No
Designee Deslgnee·s..... PREPARER nPoDone..... Pecsonal,dent,f,cat,on .....
name ........- ........- number (PIN) JIll"""'"
Sign Under penaltIes of perjury, I declare that I have examined thiS return and accompanYing schedules and statements, and to the best 01 my knowledge and belief, they are true, correct,
and complete. Declaration of preparer (other than taxpayer) IS based on all Information of which preparer has any knowledge.
Here Your signature Date Your occupation
JOint return?
See page 13.
OVERNOR
Spause's occupation
for your
records
Keep a copy
Spouse's signature If
CONSULTANT
Paid Preparer's
Preparer'ssignature
____
Use Only F,n,,'s name (or MEADOR &
yours If self-em­
EXPOSITION
71000:, plo}t:'d). address,
,:md ZIP code AUSTIN, TX 78703
I Date
L
LLP
BLVD,-SUITE BC-230
Daytime phone number
Preparer's SSN or PTIN
__ _ 4 __
74 2984516
Phcne n0512 - 4 7 2 -- 0 7 9 5
** INTEREST NOT INCLUDED 15.
**** TOTAL DUE 1.053.
9
11-05-01
-------------------
Form 2210
Department of the Treasury
Internal Revenue Service
Underpayment of
Estimated Tax by Individuals, Estates, and Trusts
See separate instructions.
Attach to Form 1040, 1040A, 1040NR, 1040NR-EZ, or 1041.
OM8 No.1545-0140
2007
Attachment . 06
Sequence No
Name(s) shown on tax return
JAMES R. & M. ANITA PERRY
Identifying number
Do You Have To File Form 2210?
[comPlete lines 1 through 7 below. Is line 7 less than $1 Do not file Form 2210. You do not owe a penalty.
"---------­
Complete lines 8 and 9 below. Is line 6 equal to or more Yes II You do not owe a penalty. Do not file Form 2210 (but if box
than line 9? r--------J.....
E below applies, you must file page 1 of Form 2210).
-------------­
No
You may owe a penalty. Does any box in Part II below apply?
I Yes
.. You must file Form 2210. Does box S, C, or D apply?
J
No i Yes
No
-. [YOU must figure your penalty.
y
t,-------­
r -D-o-n-o-t-fi-Ie You are not required 'to figure your not required to figure your penalty because the IRS will
penalty because the IRS will figure it and send you a bill for any I figure it and send you a bill for any unpaid amount. If you want to
unpaid amount. If you want to figure it, you may use Part III or figure it, you may use Part III or Part IV as a worksheet and enterJ
Part IV as a worksheet and enter your penalty amount on your tax your penalty amount on your tax return. but file only page 1 of
return, but do not file Form 2210. Form 2210.
i Part I [ Required Annual Payment
1 Enter your 2007 tax after credits from Form 1040, line 57 (or comparable line 0; your return) 1
2 Other taxes, including self-employment tax (see page 2 of ttle Instructions) 2
3 Refundable credits. Enter the total of your earned income credit, additional child tax credit, credit for federal tax paid
on fuels. health coverage tax credit, and refundable credit for prior year minimum tax 3
4 210 Current year tax. Combine lines 1,2, and 3.lf less than $1,000, you do not owe a penalty,' do not file Form 2 4
5 Multiply line 4 by 90% (.90) . .... .. . .... . . ... .. L.....-'5"------JI _ 175,52L
6 Withholding taxes. 00 not Include estimated tax payments. (see page 2 of the instructions) 6
7 Subtract line 6 from line 4. If less than $1,000, you do not owe a penalty; do not file Form 2210 7
8 Maximum required annual payment based on prior year's lax (see page 2 of the Instructions) 8
9 Required annual payment. Enter the smaller of line 5 or line 8 9
Next: Is line 9 more than line 6?
D No. You do not owe a penalty. 00 not file Form 2210 unless box Ebelow applies.
[X] Yes. You may owe a penalty, but do not file Form 2210 unless one or more boxes in Pari II below applies.
• If box S, C, or 0 applies, you must figure your penally and file Form 2210.
• If only box Aor E(or both) applies, file only page 1of Form 2210. You are not required to Ilgure your penalty; the IRS
will figure it and send you a bill for any unpaid amount. If you want to figure your penalty, you may use Part III or IV as a
worksheet and enter your penalty on your tax return, but file only page 1 of Form 2210.
I--=P=-a-rt"""'-;I-:-I I Reasons for Filing. Check applicable boxes. If none apply, do not file Form 2210.
185,683.
9 340.
)
-
I 195,023.
1
14 278.
180 745.
53 183.
53 183.
A D You request a waiver (see page 1 of the IIlstructions) of your entire penalty. You must check this box and file page 1 of Form 2210,
but you are not required to figure your penalty.
S D You request awaiver (see page 1of the Instructions) of part of your penalty. You must figure your penatty and waiver amount and
file Form 2210.
C D Your income varied during the year and your penatty is reduced or eliminated when figured using the annualized income installment
method. You must figure Ihe penalty using Sclledule AI and file Form 2210.
o D Your penalty is lower when figured by treating the federal income tax withheld from your income as paid on tile dates It was actually
withheld. instead of In equal amounfs on the payment due dates. You must figure your penalty and file Form 2210.
E D You liled or are filing a joint return for either 2006 or 2007, but not for bottl yeal S, and line 8 above is smaller than line 5 above. You
must file page 1 of Form 2210.IJul you are not lequired fo figure your penalty (unless box S, C, or 0 applies).
LHA F or Paperwork Reduction Act Notice, see page 6 of separate instructions. Form 2210
712501
12-14·07
10370807 786859 630 2007.07080
4.1
PERRY. JAMES R. 630 1
- - -
19 13 470.'
r 20
21 3
22
23 13 470. 3
24
31
Form 221O(200i, JAMES R. & M. ANITA PERRY
Part IV ! Regular Method (See page 2 of the instructions if you are filing Form 1040NR or 1040NR·EZ.)
Section A - Figure Your Underpayment
18
19
20
21
22
23
24
25
Required installments. If box CIn I-'art II applies, enter
the amounts from Schedule AI, line 25. Otherwise, enler
25% (.25) of line 9, Form 2210,111 each column
Estimated tax paid and tax withheld. For column (a) only,
also enter the amount from line 19 on llile 23. If line
19 is equal to or more than line 18 for all payment
periods, stop 11ere; you do not owe a penalty. Do not
file Form 2210 unless you checked a boxin Part II
Complete lines 20 through 26 of one column before
going to line 20 of the nex! column.
Enter the amount, If any, from line 26 in the previous
column
Add lines 19 and 20
Add the alnounts on lines 24 and 25 In previous column
Subtraclline 22 flOlTlline 21. If zero or less, enter -D-.
For column (a) only, enter the amount trom line 19
If line 23 is zeTO, subtract line 21 from line 22.
Otherwise, enter -0­
Underpayment If line 18 IS equal to or more than line
23, sublra:1 line 23 from line 18. Then go 10 Ime 20 of
the next column. OtherWise, go to line 26. ~
26 Overpayment. If line 23 is more than line 18. subtract llile
18 (rom line 23. Tilen go to line 20 of the next column
Section B ­
I
~
27
'0
0
. ~
ll.
<IJ
ro
a:
28
C\l
29
'0
.2
Q;
ll.
2
ro
a:
30
April 16, 2007 - December 31,2007
Number of days from the date shown above lille
27 to tne date the amount on line 25 was paid or
12/31/07, Whichever IS earlier
Number of days
Underpayment on on line 27
x
x .08
line 25
365
January 1,2008 - April 15, 2008
Number of days from the date shown obove line
29to the date the amount on line 25 was poid or
4/15/08, whl:hever IS earlier
Number of days
Underpoyment all on line 29
x x 0'
Ime 2:' • i
366
-I Payment Due Dates
r (a) I (b) J (c)
I 4/15/07 r' ~ 6/15/07 9/15/07
I
I h
r
l ~
~
$ 28
12/31/07
DaiS.
SEE ATTACH
29
~
4/15/07
-
IDays
30 $ __c$_ _ _ __
Page 3
(d)
1/15108
~
I
18 I 13 2 9 ~
. 13 296 . 13 296 .I 13 295
,.
1 1 1
I
i
3
/
570.
I
23 570. 13 568.
174. 722.
744. 23 570. 14 290.
9 552.
744. 14 018. 14
/
290.
o. o.
9 552.
722.
Figure the Penalty (Complete lines 27 through 30 of one column before gOing to the next column.)
6/15107 9
'
15/07
Days:
_. -
$
I
I
25 I I
26 I 174.1
Cays
$
12/31/07 12/31/07 1115108
-
Days Days Days'
ED WORKSHEE
rr
_._---- ­
- ' ~ _____~ $
Penalty. Add all amounts on lines 28 and 30 in all columns. Enler tile total here and on Form 1040,lme 77;
Form 1040A, line 47; Form 104DNR, line 75; Form 104DNR-EZ, Ime 26; or Form 1041, line 26; but do not
file Form 2210 unless you checked a box in Part II ~ $ 193.
Fonn 2210 (2007)
712491.1 12-14-07
4.2
l0370807 786859 630 2007.07080 PERRY 1 JAMES R.
31
--
--
UNDERPAYMENT OF ESTIMATED TAX WORKSHEET
JAMES R. & M. ANITA PERRY
(B) (A)
Amount "Dale
13,296. 04/15/07
<3 570. I>
04/15/07 <9 900.>
13,296.
<3,570. >

13 296.
I>
09/15/0L I
<3 570.
09/15/07 <20,OOO-k
a.
l_o
lL
15/08 295.

t 13
af3-f--- < 3
568. >
<10 000. 01 / I>
1--­
f----­
I
Identifying Number
I Name(s)
I
I
(F) (D) I (E) (C)
I
Daily Number Days Adjusted
Balance Due Balance Due
-0­
13 296.
9 726.
<174. I>
13 122.
9 552. 92
22 848.
19 278.
<722.1>
<722J 15
12 573.
9 005.
<995.1>
=
I

....
I
Penally Rate Penalty
I
.000219178 193.
I
I
[.000191257
I
I
I
-----l
I

Penalty Due (SUIll of Column F).
" Date of estimated tax payment, vlitllllOldlng
credit elate or installment rlue dale.
712511
04-27-07
10370807 786859 630 2007.07080
4.3
PERRY. JAMES R. 630 1
-------------------------------------
-------------------------------------
-------------------------------------
--------
_____________________________________
SCHEDULES A&B
(Form 1040)
Department of the Treasur)'
Internal Revenue Service
Name{s) shown on Form 1040
Schedule A - Itemized Deductions
(Schedule B is on page 2)
Attach to Form 1040. See Instructions for Schedules A&B (Form 1040).
JAMES R.
Medical
and
Dental
& M. ANITA PERRY
Caution. Do not include expenses reimbursed or paid by others.
1 Medical and dental expenses (see page A 1) ..
2 Enter amount from Form 1040, line 38 --1
OMS No. 1545-0074
2007
Your social security number
Expenses 3 Multiply line 2 by 7.5% (.075) -13"-'---------r-1
4 Subtract line 3 from line 1 If line 3 is more than line 1 enter -0· I 4
Taxes You 5 State and local (check only one box):
Paid a D Income taxes, or SEE . STATENENT....15 5
(See b [X] General sales taxes
}
page A2_)
6 Real estate taxes (see page A5)
7 Personal property taxes.
8 Other taxes. List type and amount
_________1,-7_9_7_.
9 Add lines 5 throuah 8 . 055.
Interest 10 Home mortgage interest and points reported to you on Form 1098 .S.TNT :1.3
11 Home mortgage interest not reported to you on Form 1098. If paid to the person
You Paid
from whom you bought the home, see page A·6 and show that person's name,
(See
identifying no, and address
page A5.)

Note.
Personal
12 Points not reported to you on Form 1098.
interest is
not 13 Qualified mortgage insurance premiums (See page A7)
deductible.
14 Investment interest. Attach Form 4952 if required. (See page A-7.)
15
Add lines 10 throuah 14 054.
Gifts to 16 Gifts by cash or check. .SEE.. STbTENENT 12
Charity 17 Other than by cash or check. If any gift of $250 or more, see page A8.
If you made a
You must attach Form 8283 if over $500
gift and got a
18 Carryover from prior year
benefit for it,
see page A-B.
19 Add lines 16 throuqh 18 458.
1 487.
7
·6
8 1 797.
19 6
10 2 054.
11
12

14
! 15 2
16 413.
17 4 045.
181
119 4
Casualty and
Theft Losses
20 Casualtv or theft loss(es). Attach Form 4684. (See Daae A91. 20
Job Expenses 21 Unreimbursed employee expenses - job travel, union dues. job education, etc.
and Certain
Attach Form 2106 or 21 06-EZ if required. (See page A9.)
Miscellaneous
MP_ 6_2_.
Deductions
21 62.
22 Tax preparation fees 22 450.
23 Other expenses· investment, safe deposit box, etc. List type and amount
(See _
page A9)
8 911.
24 Add lines 21 through 23. f-"2c.'4+-__.--.9-L..4.......,.2...,3__."..j
25 Enter amount from Form 1040, line 38 . '12511, 0 92' 810.
26 Multiply line 25 by 2% (.02) __
27 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0­ 27
o.
Other 28 Other - from list on page A 10. List type and amount
Miscellaneous

Deductions
28
Total 29 Is Form 1040, line 38, over $156,400 (over $78,200 if married filing separately)?
Itemized
l-==:J No. Your deduction is not limited. Add the amounts in the far right column }
Deductions
for lines 4 through 28. Also, enter this amount on Form 1040, line 40. STHT
5,864. 29
[X] Yes. Your deduction may be limited. See pagG 1\-10 for the amount to ellter. . .
30 If you elecl to itemize deductions even though they are less tllan your standard deduction, clleck here
LHA 719501 11-08-07 For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule A (Form 1040) 2007
5
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
------
------
Schedules A&B (Form 1040) 2007 OMS No 1545-0074 Page 2
Name{s) shown on Form 1040 Do not enle' name and social security numDer 11 shown on page Your social securIty number
JAMES R. & M. ANITA PERRY
Schedule B - Interest and Ordinary Dividends
Attachment
No
08
,
Part I
Interest
Note. If you
received a Form
1099-INT,
Form 1099-01D,
or substitute
statement from
a brokerage firm,
list the firm's
name as the
payer and enter
the total interest
shown on that
form.
1 List name of payer, If any interest is from a seller-financed mortgage and the buyer used the
property as a personal residence, see page B·1 and list this interest first. Also, show that
buyer's social security number and address
PLAINSCAPITAL BANK
FROM K-1
-
REVOCABLE "BLIND" TRUST STATE
AGREEMENT FBO RICK PERRY DTD 9-13-9
FROM K-1
-
REVOCABLE "BLIND" TRUST STATE
AGREEMENT FBO RICK PERRY DTD 9-13-9
1
I
I


f-----­
Amount
360.
1,555.
356.
- f----­
2 Add the amounts on line 1 2 I 2 27l.
3
4
Part II 5
Ordinary
Dividends
Note: If you
received a Form
1099-DIVor
substitute
statement from
a brokerage firm,
list the firm's
name as the
payer and enter
the ordinary
dividends shown
on that form.
Excludable interest on series EE and I U.S. savings bonds issued after 1989.
Attach Form 8815 3
Subtract line 3 from line 2. Enter the result here and on Form 1040, line 8a
4 2 27l.
Note. If line 4 is over $1 ,500, you must complete Part III.
Amount
List name of payer
BANK OF NEW YORK
BANK OF NEW YORK
FROM K-1
-
REVQCABLE "BLIND" TRUST STATE

AGREEMENT FBO RICK PERRY DTD 9-13-9

_____ 7 26 .
-
FROM K-1 REVOCABLE "BLIND" TRUST AGREEMENT FBO
ANITA PERRY
-
330.
._------­

5
c-----------­
-_.

F
Add the amounts on line 5. Enter the total here and on Form 1040, line 9a
25,087. 6
3 .
28.
..­
6
Nate.
If Itne 6 . IS over $1500, vou mus campIe I te Part III
Part III
Foreign
Accounts
and
Trusts
727501
11-08-07
You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends: or (b) had a foreign
Yes No
account; or (c) received a distribution from, or were a arantor of or a transferor to a foreian trust.
7a
At any lime durlllg 2007, did you have an Interest In or a signature or other authority over a financial account In a foreign
COUlltl y, such as a bank account, securities account, 01 other financial account? See page B-2 for exceptions and filing
X requil aments for Form TO F90-22.1
b If "Yes," enler the name of tile foreign country
-
8 During 2007, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust?
If "Yes," you may have to file Form 3520. See page B-2
X
LHA For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule B (Form 1040) 2007
6
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
------
__
--- --
--
--
SCHEDULE D
(Form 1040)
Deportment of the Treasury
Internal Rev€llu<> Service (991
Narne(s) shown on return
Capital Gains and Losses
Attach to Form 1040 or Form 1040NR. See Instructions for Schedule D (Form 1040).
Use Schedule 0-1 to list additional transactions for lines 1 and 8.
Part I IShort-Term Capital Gains and Losses - Assets Held One Year or Less
JAMES R. & M. ANITA PERRY
(b) Date I
(a) DeS2nption 01 property (e) Cost or (c) Date sold
or (loss) (d) Sales prres acqUired
(::xarnple 100 sh XYZ Co ) olher basIs
(Me, cay, yr) I (Mo. da,', yr.)
Subtract (el from tdl _
1


I
.-J_

\
I
\
2 Enter your short-term totals, if any, from Sdledule D 1, line 2 I 2
3 Total short-term sales price amounts.
I Add lines 1 and 2 in column (d) 3
4 Short-term gain from Form 6252 and short-term gain or (ioss)
tram Forms 4684, 6781, and 8824 4
5 Net short-term gain or (loss) tram partnerships, S corporations, estates. and trusts
from Schedule(s) K-1 SEE _. STA'l:'EMENT :17 _ 5 <235. >
6 Short-term capital loss carryover_ Enter the amount, if any, from line 10 of your Capital Loss
Carryover Worksheet in the instructions 6
(
8 686.1
7 7 Net short-term caoital aain or (loss\' Combine lines 1 throuqh 6 in column (f) <8 921. >
\ Part II Lon
9
-Term Capital Gains and Losses - Assets Held More Than One Year
I
(a) Description of property
,
(b) Dale
(C) Date sole!
acqul'ed
(Mo._ yr J
(Mo. oay. yr.l
02/28/01 03/30/07 1

e----------
--

I
Enter your long-term totals, if any. from Schedule D-1 , line g g
10 1
T (el Cas! or
(f) Gain or (loss)
(Example 100 sh. XYZ Co } other baSIS Subtract Ie) from (d:
'
8
314 , 770_-,-- 823...1266 ._ 138 536. -.HQRSESHOE BAY PROPERTY
9
10 Total long-term sales price amounts.
Add lines 8 and 9 in column (d) . 138 536.
11 Gain from Form 4797, Part I; long-term gain from Forms 2439 and 6252; and
long-term gain or (loss) from Forms 4684, 6781, and 8824 11
12 Net long-term gain or (loss) from partnerships, S corporations, estates, and trusts
from Schedule(s) K-1 .. SEES'l:'A':I'EMENT .:18 12
13 Capital gain distributions
... B.EE.. S':I'ATEMEN'l:' :19.. 13
14 Long·term capital loss carryover. Enter the amount, if any, from line 15 of your Capital Loss
Carryover Worksheet in the instructions 14
15 Net long-term capital gain or (loss). Combine lines 8 through 14 in column (t). Then go to I
Part Ilion paae 2
I
15

-
69,643 .
64.
(
13,193.)
880,280.
LHA For Paperwork Reduction Act Notice, see Form 1040 or Form 1040NR instructions. Schedule D (Form 1040) 2007
720511/11-08-07
7
?nn7.n7()R() PRPPV
_T7\ M'DC' n
I
__age 2 ....J.
i Part III Summary
16 Combine lines 7 and 15 and enter the result. 871,359. 16
..... i

If line 16 is

A gain, enter the amount from line 16 on Form 1040. line 13, or Form 1040NR, line 14. Then
go to line 17 below.

A loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22.

Zero, skip lines 17 through 21 below and enter -0- on Form 1040, line 13, or Form 1040NR,
line 14. Then go to line 22.
17 Are lines 15 and 16 both gains?
lXJ Yes. Go to line 18
D No. Skip lines 18 through 21, and go to line 22.
18 Enter the amount, if any. from line 7 of the 28% Rate Gain Worksheet on page 0-8 of the
instructions
..............
18
19 Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet on
page 0·9 of the instructions. 19
20 Are lines 18 and 19 both zero or blank?
lXJ Yes. Complete Form 1040 through line 43, or Form 1040NR through line 40. Then complete the
Qualified Dividends and Capital Gain Tax Worksheet on page 35 of the Instructions for Form
1040 (or in the Instructions for Form 1040NR). Do not complete lines 21 and 22 below.
D No. Complete Form 1040 through line 43, or Form 1040NR through line 40. Then complete the
Schedule D Tax Worksheet on page 0-10 of the instructions. Do not complete lines 21 and
22 below.
21 If line 16 is a loss. enter here and on Form 1040, line 13, or Form 1040NR, line 14, the smaller of:

The loss on line 16 or 21 ( )

($3,000), or if married filing separately, ($1.500) }
Note. When figuring which amount is smaller, treat both amounts as positive numbers.
22 Do you have qualified dividends on Form 1040, line 9b, or Form 1040NR, line 10b?
D Yes. Complete Form 1040 through line 43, or Form 1040NR through line 40. Then complete
the Qualified Dividends and Capital Gain Tax Worksheet on page 35 of the Instructions
for Form 1040 (or in the Instructions for Form 1040NR).
D No. Complete the rest of Form 1040 or Form 1040NR.
Schedule D (Form 1040) 2007
720512 11-08-07
8
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
,". t' )J-{f I't:,
Qualified Dividends and Capital Gain Tax Worksheet - Line 44 Keep for Your Records
IName(s) shown on return
pAMES R. & M. ANITA PERRY
I Bela... you begin: I See 'h' 'm"""oo, 'oe "" 44 'h" b,gi, 0' p,g' 33 '0 '" it yoo '" m, 'hi' wO'k'h'" to f,goce YoO' ,,,
j If you do not have to file Schedule D and you received capital gain distributions, be sure you
checked the box on line 13 of Form 1040.
1, Enter the amount from Form 1040, line 43 1. _--=11-, 8 5-=--4-=--7,---.
2, Enter the amount from Form 1040, line 9b 2, 12,493.
3. Are you filing Schedule D?
[X] Yes. Enter the smaller of line 15 or 16 01 }
Schedule D. II either line 15 or line 16 IS
a loss, enter -0- ... 3.
871,359.
DNo, Enter the amount from Form 1040. line 13
4. Add lines 2 and 3 4. 883,852.
5, If you are claiming investment interest expense
on Form 4952, enter the amount from line 4g
of that form. Otherwise, enter -0 . 5, _ o.
6, Subtract line 5 from line 4. If zero or less, enter -0- 6. 883 , 852.
7. Subtract line 6 from line 1. If zero or less, enter -0- 7, __----=-19--...,L 69 5 •
8. Enter the smaller of:
• The amount on line 1, or
• $ 31,850 if single or married filing separately,
8.
$ 63,700 if married filing jointly or qualifying widow(er),
J
$ 42,650 if head of household.
9. Is the amount on line 7 equal to or more than the amount on line 8?
[X] Yes. Skip lines 9 through 11; go to line 12 and check the "No" box.
D No. Enter the amount from line 7 9.
10. Subtract line 9 from line 8 10.
11. Multiply line 10 by 5% (.05) 11. _
12. Are the amounts on lines 6 and 10 the same?
[.=1 Yes. Skip lines 12 through 15: go to line 16.
[XJ No. Enter the smaller of line 1 or line 6 12. 883 , 852.

13. Enter the amount from line 10 (if line 10 is blank, enter -0·). . 13. 0"--"-.
14. Subtract line 13 from line 12 14. 88 3 , 852 .
15. Multiply line 14 by 15% (.15) 15. 1 321...-5 7 8 •
16. Figure the tax on the amount on line 7. Use the Tax Table or Tax Computation Worksheet, whichever
applies 16. 45,099.
17. Add lines 11, 15, and 16 . 17. 177,677.
18. Figure the tax on the amount on line 1. Use the Tax Table or Tax Computation Worksheet, whichever
18. 351,447.
I f9 E,'" ';"m'I'''o' ",,17o,[,h.'B A[;o IOhlod' 1tio'moool 00 Foem
19. 177,6?L...
710·151
11-13-Q7
8.1
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
10
11
12
13
I 14
15
16
17
---
C
SCHEDULE E
(Form 1040)
Department of the Treasuf
J
i
Internal Revenue Service
Supplemental Income and Loss
(From rental real estate, royalties, partnerships,
S corporations, estates, trusts, REMICs, etc.)
Attach to Form 1040, 1040NR, or Form 1041. See Instructions for Schedule E(Form 1040).
OMS No.
2007
Name(s) sllOwn on return
JAMES R. & M. ANITA PERRY
Your social security number
A
B
Part Ij
List the type and location of eacll rental real estate property: 2 For each rental real estate property listed Yes
on line 1, did you or your family use it
during tile tax year for personal purposes
J.R. PERRY CO. - ROYALTY A
for more tllan the greater of:
RESIDENTIAL RENTAL PROPERTY
• days or
B x
• 10% of the fatal days rented at fair
rental value?
Income or Loss From Rental Real Estate and Royalties Note. If you are in the business of renting personal property, use
Schedule Cor C-EZ (see page E-3). If you are an individual. report farm rental mcome or loss from Form 4835 on page 2, line
(See page E-3.)
c
Income:
3 Rents received
4 Royalties received
Expenses:
5 AdvertiSing
6 Auto and travel (see page
7 Cleaning and maintenance
8 Commissions
9 Insurance
10 Legal and otlm professional fees
11 Management fees
12 Mor1gage interest paid to banks, etc.
(see page H)
13 Other Interest
14 Repairs
15 Supplies
16 Taxes
17 Utilities
18 Other (list)
19 Add lines 5 through 18 .
20 DepreCiation expense or depletion (see page E-5)
21 Total expenses. Add lines 19 and 20
22 Income or (loss) from rental real estate
or royalty properties. Subtract line 21
from line 3 (rents) or line (royalties).
If tile result is a (loss). see page E-5 to
find out if you must file Form 6198.
23 Deductible rental real estate loss. Caution.
You I renlal real estate loss on IIn8 22 may
be limited. See page E-5 to tlnd out if you
must file Form 8582. Real estate professionals
must complete line on page 2
24
25
26
If Parts II, III, IV, and line
line 17, or Form
721491 11-03-07 LHA For Paperwork Reduction Act Notice, see instructions. Schedule E(Form 1040) 2007
Properties Totals
C I A B
(Add columns A, S, and C.)
3 5 200. 3 5,200.
4 3 182. 4 L182.
5
--
6
7
8
r--1--
4 092. 12 4,092.
2 962.
I
--
18
1------
I
I
19 7 054. 19 7,05h
20 500. 20 500.
21 500. 7 054.
STMT 20
22 2 682. <1 854.>
23
(
1 854.
Income. Add positive amounts sllOwn online 22. Do not include any losses 24 2 682.
Losses. Add royalty losses from line 22 and rental real estate losses frolll line 23. Enter total losses Ilere 25
(
1 854.l
Total rental real estate and royalty income or (loss). Combme lines and 25. Enter the result here.
on page 2 do not apply 10 you, also enter tllis aillouni on Form 1040,
line 18. Otherwise, include tllis amount in tile total on line on page 2
26 828.
9
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
- -----
38
Schedule E (Form 10401 Attachment Sequence No 13 Page 2
'_ls_h_ow_n_o_n_p_ag_e_' .... 1
Caution. The IRS compares amounts reported on your lax relurn wittl amounts shown on Schedule(s) K-1.
IPart 1/ I Income or Loss From Partnerships and S Corporations Note. If you report a loss from an at·risk activity for which
any amount IS not at risk, you must check column (e) on Ime 28 and attach Form 6198. See page E-1.
27 Are you reporting allY loss nol allowed In a prIOr year due to the at-risk or baSIS Ilmitalions, a prior year unallowed loss from a
passive activity (111I1alloss was nol reported on rorm 8582), or unreimbursed partnership expenses?
It vou answered "Yes' see Daqe E·G belore cOlllolellnq this section.
(c) Check
If foreign
par:nershlp
I
- .
I
(b) Enlel P101
28 (a) Name
partnership S
fOI 5corporallOn
-I
CO. P
#JoRo, PERRY
==E
p
DYes [X] No
(dl Employer I
(e) Check If
df l' b any amounf IS
W""'''_
___
I
I
Nonpassive Income and Loss Passive Income and Loss

(h) Nonpassive loss (il Section 179 expense (I) Passive loss allowed (g) Passive Income (i) NonpasSlve I/lcome
(attach Form 8582 if requlled) deducllon from Form 4562 from Schedule K-1 from Schedule K·1 from Schedule K·1
-,----.----------------i---------c---:-­
A 1 654.
------f------------­
B o.
----------------,....--------i----­ -------+-------------­
C
D
----------1---------+--­
29a Totals. 1--- +-- 1 , 65.... 4c...:.+--- -t-__. _
b Tolals .
30 Add columns (g) and (j) of line 29a
31 Add columns (f), (h), and (i) of line 29b
32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. Entel tile
resull here and include in the tolal on line 41 below 32 1 654.
Part III Income or Loss From Estates and Trusts
I (b) Employer
33 (a) Name
'---,-dentillcalloll number
-------------------1
SEE STATEMENT 21
.Jl I
(c) Passive deduction or loss allowed
(at1ach Form 8582 if requlled)
::Lr
IPart IV IIncome or Loss From Re,al Estate Mortgage Investment Conduits (REMICs)
B I
34a
b
TOlals
Totals

35
36
Add columns (d) and (I) of line 34a 35
Add columns (c) and (e) of line 34b 36
(
41
9
,727. __
,858.)
37 Total estate and trust income or (loss). Combine lines 35 and 36. rnter the result here and include in the total on line 41 below
37 31 869.
- Residual Holder
Passive Income and Loss Nonpassive Income and Loss
I
------­
(d) Passive I/lcome (e) Deduction or loss (f) Olher income from
flam Schedule K·1 from Schedule K·1 Schedule K·1
I
"---­
, -­1--------------­

41, 727.
I
9,858.
I
------­
(a) Name
(b) Employer
Idenliflcallon number
(c) Fxcess inclusion Irom
Schedules Q, llile 2c
(d) Taxable IIlcome (nel
loss) from Schedules Q,
line 1b
(e) Income from
Schedules Q, line 3b
____-.-L_
T
. Enter the result here and include in the total on line 41 below 39 39 Combine columns
Part V Summary
d and e onl
40 Nel farm renlal income or (loss) Irom Form 4835. Also, complete line 42 below

41 Total income or (loss) ComtHne mes 26 37 39 and 40 Enter the result here and on Form 1040 line 17 or Form 1040NR line 18 U. 34,351.
42 Reconciliation of farming and fishing income. Entel your gross farming and fishing Income I
reporled on Form 4835, line 7; Schedule K 1(Form 1065), box 14, code [3; Sclledule K-1
(Form 1120S). box 17, code T; and Schedule K-1 (Form 1041), line 14, code F (see page r-7) f----'4""2---'-.1 ---i
43 Reconciliation for real estate plDfessionals. II yeu were areal estate profeSSional (see page E-2).
enter the net C:/ (10SS) you reported anywhere on 1040 or Form frorn all rent,]1 reiJl estate
__ _
Schedule E(Form 1040) 2007
7? 1501
11-08-07
10
0370807 786859 630 2007.07080 PERRY, JAMES R.
--
--
--------
--
--
--
SCHEDULE E
Name R, PERRY
Passthrough J ,R, PERRY CO.
PARTNERSHIP
........L.H\. .... , ........................
c
SCHEDULE E PAGE 2
Jrdinary business income (loss) _
'iental real estate income (loss)
Jther net rental income (loss)
Intangible drilling costs/dry hole costs
Self-charged passive interest expense
3uaranteed payments
Section 179 and carryover
Disallowed section 179 expense
Net income (loss)
First passive other
Second passive other _
Cost depletion
Percentage depletion
Depletion carryover
Disallowed due to 65% limitation
Unreimbursed expenses (nonpassive)
Nonpassive other _
Total Schedule E (page 2) _
C
FORM 4797
Section 1231 gain (loss)
Section 179 recapture on disposition
[ SCHEDULE D
Net short-term cap_ gain (loss)
Net long-term cap. gain (loss)
Section 1256 contracts & straddles

FORM 4952
"----­
Investment interest expense - Sch. A
Other net investment income
ITEMIZED DEDUCTIONS
Charitable contributions
Deductions related to portfolio income
Other
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1 2007
•••••
ID 75-1642655 TAXPAYER
I I
Prior Year Unallowed Disallowed Due to Prior Year Unallowed Disallowed Due to I Prior Year Passive Disallowed Passive
K-1 Input
Basis Limitation At-Risk Loss At-Risk Loss BaSIS Loss Loss
5 827
F

I------d ­
5 827
<4 173,
i
L=

1 654
I


83.
I
Tax Return

____ ....JD...?_

;',.

L
\

11
721551
04-27-07
2007 INCOME FROM PASSTHROUGH STATEMENT, PAGE 2
SCHEDULE E
Name JAMES R PERRY
Passthrough J . R. PERRY CO,
PARTNERSHIP
DIVIDENDS
Interest income
Interest from U_S. bonds
Ordinary dividends
Oualified dividends
Tax-exempt interest income ._
I
FORM 6251
Depreciation adjustment after 12/31/86 I
Adjusted gain or loss
Beneficiary's AMT adjustment
Depletion (other than oil)
Other
L
MISCELLANEOUS
Self-employment earnings (Ioss)/Wages
Gross farming & fishing inc
Royalties
Royalty expenses/depletion
Undistributed capital gains credit
Backup withholding.
Credit for estimated tax
Cancellation of debt
Medical insurance - 1040
Dependent care benefits
Retirement plans
Qualified production activities income
Passthrough adjustment to Form 1040
Penalty on early withdrawal of savings
NOL
Other taxeslrecapture of credits.
Credits
Casuaity and theft loss
SSN/EIN J••••--­
10 75-1642655 TAXPAYER
I
Disallowed Due to Prior Year Unallowed I Disallowed Due to IPrior Year Passive Disallowed Passive
,,, ""em _
I
K-1 Input
Basis Limitation Loss Basis Loss At-Risk Loss At-Risk Loss
I
._­
1------­
--­
-­ --­
--1---------­
L-­
/------­
5 827
--------­

3 182 3 18L
500 500
I--­
l-­
g----­
r=
-------­
t--­
=t=
I

I
12
721552
04-27-07
--
--
--
2007
I
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1
SCHEDULE E
Name JAMES R PERRY
Passthrough REVOCABLE "BLIND"
"'STATE OR TRUST
J,. ................ ...., ..... -'- .......
SCHEDULE E PAGE 2
Ordinary business income (loss) .
Rental real estate income (loss)
Other net rental income (loss)
Intangible drilling costs/dry hole costs
Self-charged passive interest expense
Guaranteed payments
Section 179 and carryover
Disallowed section 179 expense
Net income (loss)
First passive other
Second passive other.
Cost depletion
Percentage depletion
Depletion carryover .
Disallowed due to 65% limitation
Unreimbursed expenses (non passive)
Nonpassivt: other.
Total Schedule E (J2age 2) .
I
FORM 4797
Section 1231 gain (loss) .
Section 179 rec3tlture on distl0sitlon
I SCHEDULE 0
Net short-term cap_ gain (loss)
Net long-term cap. gain (loss)
Section 1256 contracts & straddles
r
I FORM 4952
Investment interest expense - Sch. A
Other net investment income
! ITEMIZED DEDUCTIONS
Charitable contributions
Deductions related to portfolio income
OHler
·07
SSN/EIN
TRUST STATE AGREEMENT FBO RICK PERRY DT 10 74-6467584 _'ll\)CPAYER
K-1 Input
I
9 858
41 727
31 869
<235
69 643
I Prior Year Unallowed
I
Disallowed Due to Prior Year Unallowed Disallowed Due to Prior Year Passive Disallowed Passive
Basis Loss Basis Limitation At-Risk Loss At-Risk Loss Loss Tax Return
-- --
--
9 858
--

31 869
--
I
--
<:u2....?
69 64.1...

I
--
l===r==
1 000
i I

13
I
721551
2007
I
INCOME FROM PASSTHROUGH STATEMENT, PAGE 2
SCHEDULE E
Name Jl'.MES R, PERRY SSN/EIN•••••IL_
Passthrough REVOCABLE "BLIND" TRUST STATE AGREEMENT FBO RICK PERRY OT 1D 74-6467584 TAXPAYER
ESTATE OR TRUST
K-1 Input
.... '-'''-, J. • ,"-' LJ..o.- ~ .......
INTEREST AND DIVIDENDS
Interest income 356
Interest from U.S. bonds
Ordinary dividends 24 726,
Qual:fied dividends 12 462
Tax-exempt interest income .... '
I FORM 6251 .
Depreciation adjustment after 12/31/86
Adjusted gain or loss
Benefici2ry's AMT adjustment
Depletion (other than oil)
Other
[ MISCELLANEOUS
Self-employment earnings (loss)NJages
Gross farming & fishing inc
Royalties
Royalty expenses/depletion
Undistributed capital gains credit
Backup wiHltlolding
Credit for estimated tax
Cancellation of debt
Medical insurance - 1040
Dependent care benefits
Retirement plans
Qualified production activities income
P;::ssthrough adjustment to Form 1040
Penalty on early withdrawal of savings
NOL
Other taxes/recapture of credits
Credits
Casualty and theft loss
Prier Year Unallowed Disallowed Due to Prior Year Unallowed Disallowed Due to Prior Year Passive Disallowed Passive I'
Basis Loss Basis Limitation fIt·Risk Loss At-Risk Loss Loss Tax Return
._----­-­
3SG.
._-_._--­
I 2 4 + . n _ 6 ~
12 462,
--I--­ -­
--------f-------------­
.--­ - ----­
-------­
.-f---­ -_._-._.. _----­
---­
14
04-27 -07
721552
-----
----
INCOME FROM PASSTHROUGH STATEMENT, PAGE 1 2007
SCHEDULE E
Name JAMES R. PERRY
Passthrough REVOCABLE "BLIND" TRUST AGREEMENT FEO ANITA PERRY ID 03-6092780
SSN/EIN 4 ••••1L­
TAXPAYER
ESTATE OR TRUST
K-1 Input
OTHER PASSIVE
SCHEDULE E. PAGE 2
Ordinary business income (loss) ~
Rental real estate income (loss) _
Other net rental income (loss)
Intangible drilling costs/dry hole costs '
Self-charged passive interest expense
Guaranteed payments
Section 179 and carryover
Disallowed section 179 expense I
Net income (loss) ~ _
First passive other
Second passive oHler,
Cost depletion
Percentage depletion
Depletion carryover,
Disallowed due to 65% limitation
Unreimoursed expenses (non passive)
Nonpassive other,
Total Schedule E (page 2) ,
[ FORM 4797
Section 1231 gain (loss)
Section 179 recapture on disposition
C SCHEDULED
Net short-term cap, gain (loss)
Net long-term cap, gain (loss)
Section 1256 contracts & straddles "J
[ FORM 4952
Investment interest expense - Sci), A
Other net investment income
=ITEMIZED DEDUCTIONS
Charitable contributions ~
,
Deductions related to portfolio income
Other,
Prior Year Unallowed I Disallowed Due to IPrior Year Unallowed I Disallowed Due to I Prior Year Passive IDisallowed Passive
BaSIS Loss Basis Limitation At-Risk Loss At-Risk I Loss Loss Tax Return
I I
I
=L t t =t= J
I j --t---­ I I I
-------1--_
t
j--------i I
I
I
jl
I
1-----1------+------t------­
1
15
72 ',551
04-27 ~ 0 7
I
INCOME FROM PASSTHROUGH STATEMENT, PAGE 2 2007
SCHEDULE E
Name J&'1ES _
SSN/EIN JI•••••-
Passthrough REVOCABLE "BLIND" TRUST AGREEMENT FBO ANI TA PERRY ID 03·6092780 _
ESTATE OR TRUST
Prior Year Unallowed Disallowed Due to Pnor Year Unallowed Disallowed Due to Prior Year Passive Disallowed
OTHER PASSIVE K-1 Input Basis Loss BasIs Limitation AI-Risk Loss At Risk Loss Loss ,"CO I Tax Return
I
INTEREST AND DIVIDENDS
Interest income.
Interest from U.S. bonds
t­ 1-------+-------+--------1
Ordinary dividends 330
:3]'£'-.
Qualified dividends
Tax-exempt interest income.
I __
Depreciation adjustment after 12/311861== ==t==:: r ==j ==t I ===-t __
Adjusted gain or loss '
Beneficiarys AMT adjustment
I -+-------+-------1------+---­
Depletion (other than oil)
1--------1­ -+----­
Other
c= MISCELLANEOUS
Self employment earnings (Ioss)/Wages I t- t-­ .- --­
Gross farming & fishing inc
Royalties
Royalty expenses/depletion
UndistributecJ capital gains credit
Backup withholding. I
Credit for estimated tax ---- ­
Cancellation of debt
--
--- ­
Medical insurance - 1040 l _ =---==
Dependent care benefits
Retirement plans
Qualified production activities income =F3= -I I
Passthrough adjustment to Form 1040 _
Penalty on early withdrawal of savings - ------­
taxeslrecapture of credits. - L =
Credits I 1­
Casualty and theft loss i I - .J
16
0-1--27 -07
721552
2007 I Schedule E
JAMES R. & M. ANITA PERRY
Schedule K-1Line Reference: (1065/1120S/1041)
5
1: .
P Entity AcL
:
E No_ i'Jo_ Name
fr Ip 1 1 l1 R PERRY CO
fr E 3 I 4 REVOCABLE "BLIND" TRUST AGREEME
riR 2 3 REVOCABLE "BLIND" TRUST STATE A
PASSTHROUGH RECAP ­
1/1/6, 2/2f7 3/3/8
Ordinary I Rental Real OHler Rental
Income 'Estate Income
(Loss) Inc. (Loss) (Loss)
5 827
BASIC INFORMATION
_
* 1 '. 5/4/1 * 6aJ5a12a 7/6/* 8/7/3 9,a,/8a14a
Passive IIIMT Passive. US Treasury .. . Short-Term Net Lon g-.. Guaranteed
IIctivity Activity Loss Interest Bond DIVidends Royalties Capital Term Cap, tal Payments
Loss CIO CIO Interest Galf' (Loss Ga,n (Loss) to Partner
3 182 __
330
3..2§... 24 726 <235 > _
I t-------- -- _
I
1---­
1
---­
f-l---+---+------1-------------------+----j----t-----t-----t----+------+-----1-----+-----+----1----1----­
I---I--I----I-----I------------------!------+-----!------+----+-----+-----+_------ '--------I-----!------I----I----­
Totals 5 827 356 25 056 3 182 .
Component of:
Schedule E.
Page 2.
Schedule E.
Page 2.
Scredule E,
Page 2.
F
arm
8582 Form
85821\MT,
S h d I B
c e u e .
S I
chedu e B, Schedule B
J
Schedule E. Schedule D. Schedule D.
Schedule E.
Page 2.
Varrous Varrous Varrous Line 3c Line 3c Line 1 Line 1 lome 5 L'ne L,ne 5 L,ne 12 Various
* 13/12/* 12/111* 13/12/* 13/121* 13/121* */* 20/17/14 13/*1* 14/*1* 17115/12 *1*/12 *1*/12
Deductions
Investment
--­
Charitable
Related to Investment .1,
SE Health
Wages for
AMT Oepr Minimum
r;ontrlbutlons
Section 179
PortfoliO
Otller Int. Expense Int. Expense Investment
Insurance
More Than 2% Net SE
Ad] on Post Tal(
Exclusion
50%
Expense
Income (2%) Deductions Schedule A) Schedule E) i Income Premium
Sha,eholders Earnings Items
---'-=-=­
'86 Property
--­
83 I 4 173 3 182
l2...s.rr.
1 1....QQQ.. ---.1...11L
I


!
I
1
+----­
i

I
---­
=
f------J---
-.
I
t--­
I

83
I
1 000 6 484 3 182
I
5 827
Form 4562, Sciledule A.
Schedule E.
A,
Schedule E F 4952
Form 1040, II FOim1040, SE.I Form 6251. Form 6251. 2007 Schedule A,
Page 2.
L,nes 16& 17 I Line 6 Line 23
VanOL:S
Line 14
, Verrous Line 4a Lille 29 Line 7 L,ne
Sctledule K-1
Line Reference:
*
(1065/i i) 10/91* 111101*
Ordinary
Entity : Act. Section 1231
Gain (Loss)
Other
No.
r
I
No. Gain (Loss)
Form 4797
Income

2 3 44 038
I
I
I
-t
=1
:=r=r

Tota!s 44 038
Component of: Form 4797. Form 4797,
Schedule E,
Page 2.
Line 2 Line 10
VanOL:S
I
* - No specific Schedule K-111ne reference for these amounts.
728071 11-16-07
16.1
2007
E
JAMES R. & M. PERRY
Schedule K-l
Line Reference:
(1065/1 l04"1) 6b/5b/2b 11/10/* 13/*/* 13
/
12:14 13/12/* 15/13/* 15/13/13 3/ 13 15/13/* 15/13/* 20/17/13 * /* /'
QualifIed Credit for
:ntity iflct. Sec. 1256 1. Dependent
:mploye(s I Und'Slr<buled I
lncreasmq
New r,larkets!Credit for SS Recapture 01 Roya:ty!
-r-· r-­
No. I No Dividends Contracts & jCare Benefits ActIV\\les W-2 Wages I Gains, ZenE' Credit
Credit I & Medicare oW-IncomE> Deple710n
I i Straddles I - I ' "u,""c, Taxes _._11 I I I. =t===i- I
: L t--=' 500 -j-----:----

, I ­ ---f-----­
,I
2 I 3 I 12 462 I
I ' ,
, ---J
1-----4

, '
-
' - t-
J
!
I 12 I 10 ---j

462 1
Cocnponent of: Form 1040, Form 6781, Form 24t.1 Form 8903. Form 8903, Form 1040, FOI Cl 8844, Form 6765, Form 8874.( Form 8846. I Form 8611. Schedule E, -----­
Line 9b Line 1 Line 14 Line 7 Lrne 15 Lire 70 Lne 3 line 60 Line 2 Line 5 I Line 8 Page 1 or 2
-_L-- '-- ---' ---' -'- -L ....L J __ L_____ _ __
ScheauleK-i 1
Line Reference
'" ..... .... '" '" "'.. ...... '" ..
(1065/1 12CS/i 0,+ 1)
Entity Act Schedule E E ST AMT LT AMT Sec. 1231 4797-0rd. Other I I I [I
No No' BaSIS BaS's BaSIS BaSIS BaSIS LT Bass BASIS Bas's Bi1SIS Bas's BaSIS 8as,s -4-- I \
. . c,,,"',,, ,,",,"", c",,,"', c,,,,,"",, c,,,,,"", ,,,"'""' ,,.,,"," c'''''"''_! . c.",," c,,,,,,,,, "'""'""-=-£ -.'1
f------!
__+__---j__-JI --j-_----j__---j
----l---- -----f___--- '---- - -­
I--- I -r----­
r I . --r--J
i ----t----- -
I I I [ -­
1---+---1-- I 1 I -'--- --1----+-----+--_---+-__+----- _

Tot::lls I I
BaSIS B<J:sI$ BaSIS 8asl$ BaSIS 3asls BaSIS BaSIS R8SIS BaSIS BaSIS BaSIS LJ
Component of: Limitation Lirroltation Limitation L,mrtallon Llmltallon limitation Limitation LrrllltatlrJrl Llmrlat,OIl LimitatiOn I L,,';lt;:I!ton Limitation I
Worksheet Worksheet \Vorksheet 'Nor<shee! Worksheet \/'/mkshE'E't \'mrksheet i Worksheet WOrksheet Worksheet
728076 1c-0"-07 * No specifiC Schedule K·1 line for these amounfs_ 16 .2
-----
Statement of Rental and Royalty Income
Your social security number
122 RENTAL 243
DURING YEAR 365
243/365
=
66.58%
243/365
=
66.58%
VACATION HOME
LOSS LIMITATION
NET TO SCH E
5 200.
i

4 092.
2 962.
---­

---_.._­ -----_._--­
I
+------­




sn±
7,054.
1, 523.1 7,054.
[
<1,854.1>
Name(s) as shown on return
b"AMES R. & M. ANITA PERRY
Kind RESIDENTIAL RENTAL PROPERTY
-
Locatiol'
Rental and Royalty Income
3. Rents received
4. Royalties received
Rental and Royalty Expenses
5. Advertising
6. Auto and travel
7. Cleaning and maintenance
8 Commissions
9. Insurance
10 Legal and other professional fees
11. Management fees.
12 Mortgage interest paid to banks, elc.
13. Otller Inlerest
14. Repairs
15. Supplies
16. Taxes
17. Utilities
18. Other (lrst)
19. Add lines 51hrougll 18
20. Depreciation expense or depletion
21. Tolal expenses. Add lines 19 and 20
22. Income or (loss) Irom rental or royalty properties.
Subtract line 21 flam line 3 (rollts) or line 4 (royalties)
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
- PERSONAL
OTAL DAYS USED
% :
& TAXES :
lINT
PERSONAL/DUAL
GROSS OWNERSHIP
EXCLUSION
5 200.
I
. 2,054.,
1,487. 4 449.
-.
c----­
18
10,595. 3 54l. 19
2 287. 764. 1 20
12 882. 21 _
22 <7..1 682 .>
721601
04-27 "07
17
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
2007 DEPRECIATION AND AMORTIZATION REPORT
RESIDENTIAL RENTAL PROPERTY ­
Asset
No
1
LESS
I I
I
TOTAL
SCHEDULE E­ 2
.
Date
Method
line Unadjusted Bus % Reduction In Basis For Accumulated Cu'rlenl Current Year Description
Acquired
Life No.
Cost Or Basis Excl Basis Depreciation Depreciation S e ~ 179 Deduction
,
08 01 07 SL 27.50 19H 167,679. .3342 167,679.
2,287.
EXCLUSION
<56,038.
> <56,038.
> <764.>
SCH E
lDEPRECIATION 111,641.
111,641.
~ 1,523.
.
7=8102
04-27 -07 (0) - Asset disposed
• lTC, Section 179, Salvage, Bonus, Commercial Revitalization Deduction, GO Zone
17.1
SCHEDULE SE
OMS No 1545-0074
(Form 1040) Self-Employment Tax
2007
Department of the Treasury
Internal Revenue Service (991 Attach to Form 1040. See Instructions for Schedule SE (Form 1040). 17
Name of person with self-employment income (as shown on Form 1040) I Social security number of
I person with self-employment
M. ANITA PERRY I income .
Who Must File Schedule SE
You must file Schedule SE if:
• You had net earnings from self-employment from other than church employee income (line 4 of Short Schedule SE or line 4c of Long Schedule SE)
of $400 or more, or
• You had church employee income of $108.28 or more. Income from services you performed as a minister or a member of a religious order
is not church employee income (see page SE-1).
Note. Even if you had a loss or a small amount of income from self-employment. it may be to your benefit to file Schedule SE and use either
"optional method" in Part II of Long Schedule SE (see page SE-4).
Exception. If your only self-employment income was from earnings as a minISter, member of a religious order, or Christian Science practitioner and
you filed Form 4361 and received IRS approval not to be taxed on those earnings, do not file Schedule SE. Instead, write "Exempt-Form 4361" on
Form 1040, line 58.
May I Use Short Schedule SE or Must I Use Long Schedule SE?
Note. Use this flowchart only if you must file Schedule SE, if unsure, see Who Must File Schedule SE, above.
r' Did you receive wages or tips in 2007?
Yes
I No 'I-----,
Y •
Are you a rnlnlster, member of a religious order, or Christian I Was the total of your wages and tiPS subject to social security
Yes
Science practitioner who received IRS approval not to be taxed Yes
or railroad retirement tax plus your net earnings from self­
on earnings from these sources, but you owe self-employment
employment more than $97,500?
tax on 01l1er earnings?
I No
y
Are you using one of the optional methods to figure your net Did you receive tips subject to social security or Medicare
earnings (see page SE-4)? tax that you did not report to your employer?
I No No
-- - - --------------'------­
Did you receive church employee Income reported on Form W-2
Old you report any wages on Form 8919, Uncollected Social
of $108.28 or more?
Security and Medicare Tax on Wages?
t No
=---Yo-u-m-ay-uS-e-S-h-o-rt-Sched-u-le-S-E-b-e-lo-w----­
You must use Long Schedule SE on page 2
Section A-Short Schedule SE. Caution. Read above to see if you can use Short Schedule SE.
1 Net farm profit or (loss) from Schedule F, line 36. and farm partnerships, Schedule K 1
(Form 1065), box 14, code A .
2 Net profit or (loss) from Schedule C, line 31; Schedule C·EZ, line 3; Schedule K-1 (Form 1065), box 14, code A
(other than farming); and Schedule K·1 (Form 1065·8), box 9, code J1 . Ministers and members of religious
orders, see page SE-1 for amounts to report on this line. See page SE·3 for other income to report
STM:T22
3 Combine lines 1 and 2
4 Net earnings from self-employment. Multiply line 3 by 92.35% (.9235). If less than $400, do not
file this schedule; you do not owe self·employment tax

5 Self-employment tax. If the amount on line 4 is:

$97,500 or less, multiply line 4 by 15.3% (.153). Enter the result here and on
Form 1040, line 58.

More than $97,500, multiply line 4 by 2.9% (.029) . Then. add $12,090 to the result.
Enter the total here and on Form 1040, line 58 .
6 Deduction for one-half of self-employment tax. Multiply line 5 by 50% (.5).
Enter the result here and on Form 1040. line 27
r 6 I 4,592.
1
2 65 000.
000. 3
I 4 60,028.
5 9 184.
LHA For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule SE (Form 1040) 2007
724501
11-05-07
18
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
------------
Schedule SC (Forrr. 1(40) 2007 At:achment Seouence No 17 Page 2
I
Name of person with self-employment income (as shown on Form 1040) I Social security number of I
I
I wlthself-emPIOyme; i __
JAMES R. PERRY
Section B - Long Schedule SE
Self-Employment Tax
'1
Note. If your only income sublect to self-employment tax IS church employee income, skip lines 1 through 4b_ Enter -0- on line 4c and go to
line 5a Income from services you performed as a minister or a member of a religious order is not church employee income. See page SE-l.
A If you are a minister, member of a religiOUS order, or Chrrstlan SCience practitioner and you filed Form 4361. but you had $400 or
more of other net earnings from self-employment, check here and continue with Part I
1
Net farm profit or (loss) from Schedule F, line 36, and farm partnerships, Schedule K-l (Form 1065),
box 14, code A. Note. Skip this line if you use the farm optional method (see page SEA)
2 Net profit or (loss) from Schedule C, line 31 ; Schedule C-EZ, line 3; Schedule K-l (Form 1065). box 14, code A
(other than farming); and Schedule K-1 (Form 1065-8), box 9, code J1. Ministers and members of religious
orders, see page SE-l for amounts to report on this line. See page SE3 for other income to report
Note. Skip ttlis line if you use the nonfarm optional method (see page SEA) S EESTA,TEMEN':I'2:3 5,827.
3 Combine lines 1 and 2 5,827.
4a If line 3 IS more than zero, multiply line 3 by 92.35% (.9235). Otherwise, enter amount from line 3 5-L381 .
b If you elect one or both of the optional methods, enter the total of lines 15 and 17 here.
c Combine lines 4a and 4b. If less than $400, stop; you do not owe self-employment tax. Exception.
If less than $400 and you hao church employee income, enter -0 and continue . _..... 5,381.
5a
FormW2.SeepageSE-l ..... ____ .. lJ

I
1
2
3
4a
4b
I
4e
-
5b
6
7
b Multiply line 5a by 92.35% (.9235). If less than $100, enter -0­
6 Net earnings from self-employment. Add lines 4c and 5b
7 Maximum amount of combined wages and self-employment earnings subject to social security tax or
the 62% pOll/on of the 7.65% railroad retirement (tier 1) tax for 2007
8a Total social secunty wages and tips (total of boxes 3 and 7 on f'orm(s)
b
W-2) and railroad retirement (tier 1) compensation_ If $97,500 or more. skip
lines 8b through 10, and go to line 11
Unreported tiPS subject to social security tax (from Form 4137, line 10)
___ L 49_4.
8b
c Wages subject to social security tax (from Form 8919, line 10) I Be I
d Add lines 8a, 8b, and 8c
9 Subtract line 8d from line 7_ If zero or less, enter ·0- here and on line 10 and go to line 11
10 Multiply the smaller of line 6 or line 9 by 12.4% (.124)
11 Multiply line 6 by 2.9% (.029)
12 Self-employment tax. Add lines 10 and 11> Enter here and on Form 1040, line 58
13 Deduction for one-half of self-employment tax. Multiply line 12 by
50% (.5). Enter the result here and on Form 1040, line 27
I 13
I
i 78.
5 38l.
97.500.00
8d
.--JL.
..1Q....
,----­
11 156.
156.

IPartJ!j Optional Methods To Figure Net Earnings (see page SEA)
Farm Optional Method. You may use thiS method only if (a) your gross farm income 1 was not more tl lan $2,400, or
(b) your nGt farm profits 2 were less than $1,733.
14 Maximum Income for optional methods
15 Enter the smaller of: two-thirds (2/3) ot gross farm income 1 (not less than zero) or $1 ,600. Also i nclude
tllis amount on line 4b above

Nonfarm Optional Method. You may use this method only if (a) your net nonfarm profits 3 were less than $1,733 and
also less than 72.189% of your gross nonfarm and (b) you had net earnings from self·employ ment of at
least $400 in 2 of tile prior 3 years.
Caution. You may use this method no more than five times_
16 Subt,act line 15 from line 14
17 Enter the smaller of: two-thirds (2/3) of gross nonfarm income 4 (not less than zero) or the amou n, on
14
15
16
- -
1,600_00
----­
- .
line 16. Also include this amount online 4b above.
.....
17 I
1 From Sell. F, line 11, ,mel Sch. K-1 (For III 1065), box 14, code B. 3 From Sch. C, line 31: Sch. C-£Z, line 3; Sell_ K-1 (Form 1065), box 14, code A; alld
2 From Sell. F, line 36, and Sch. [<-1 (Form 1065), box 14, code A Sch. K-1 (Form 1065-B), box 9, code J1.
4 From Sch. C, 'ine 7; Sch. C-EZ, line 1; Scl:_ K-1 (Form 10G5), IJOX 14, r.ode C; and
Sch [<-1 (Form 1065-B), box 9, code
/ 11-05-07 Schedule SE (Form 1040) 2007
19
10370807 786859 630 2007.07080 PERRY. JAMRS R_
OMB No 1545-0121
Form 1116 Foreign Tax Credit
2007
Department of the Treasury
Intern;)1 Revenue SerVice (99)
(Individual, Estate, or Trust)
Attach to Form 1040, 1040NR, 1041, or 990-T.
Name
Identifying number as shown on page 1 at you, tax 'eturn
R. & M. _
Use a separale Form 1116 for each category of Income listed below. See Categories of Income beginning on page 3 of the Instructions. Check only one box on each
Form 1116. Report all amounts In U.S. dollars except wll8le specified in Part II below.
a [X] Passive category Income cO Section 901 (j) Income e 0 Lump-sum distributions
b 0 General category Income dO Certain Income re-sourced by treaty
f Resident of (name of country) UN--=---:I TE,..D S'-'T"""A--=-TE=S _
Note: If you paid taxes to only one foreign country or U.S. possession, use column A in Part I and line A in Part II. If you paid taxes to more than one
foreign country or U.S. possession, use a separate column and line for each country or possession.
I Part I I Taxable Income or Loss From Sources Outside the United States (for Category Checked A_bo_v.e..,e) ,- _
Foreic n Countrv or U.S. Possession Total
A B C (Add cols. A, B, and.r;:J
g Enter the name of the foreign country or U.S. pTHER
rOUNTRIES possession
1a Gross Income from sources within country shown above
and of the type checked above:

24 209. 24 209. 1a
b Check if line 1a is compensation for personal services as
an employee, your total compensation trom all sources is
$250,000 or more, and you used an alternative basis to
determine its source (see instructions) 0
Deductions and losses (Caution: See pages 14 and 15
of the instructions):
2 Expenses definitely related to the income on line 1a
(attach statement)
3 Pro rata share of other deductions not definitely related:
a Certain Itemized deductIOns or standard deduction
f--__=2--'---".8c.-
2
...,6"-"-1. -------_
b Other deductions (attach statement)
c Add lines 3a and 3b 2 826.
d Gross foreign source Income 24 209.
e Gross Income from all sources 1 135 743.
f Divide line 3d by line 3e .0213161
9 Multiply line 3c by line 31 60.
4 Pro rata share of interest expense:
a Home mortgage interest (use worksheet on page H
of the Instructions) . 20.
b Other interest expense
5 Losses from foreign sources
i
6 Add lines 2, 3g, and 5 80. 80. 6
7 Subtract line 6 from line 1a. Enter the result here and on line paQe 2 7 24 129.
I Part II I Foreign Taxes Paid or Accrued
Credit is claimed F_o_r_e_i... g,_n.t_axes paid or accrued
---------------_..__._­
for taxes ..
In for eig n cu rre ncy In U.S. dollars
(you must
1:' check one)
(r) Other (s) Total foreign (n) Other
Taxes withheld at source on: Taxes withheld at source on:
foreign § (h) [][] PaId taxes paid or foreign
taxes paid or accrued (add cols.
accrued
taxes paid 01
8 (i) 0 Acc,ued
accrued (0) th,ough (r))
(m) Inle,esl (o) DIvIdends (q) Inlerest
A
...
77. 77.
_+(... k.. ) DIvidends

8 Add lines A through C. column (s). Enter the total here and on line 9. page 2
....:::..-'--'::..::...:.c..c:.::...:..:..::..::...::.:::2:..c..::.:.=.:.::.:..:-'--'::.r....=c..:.:.::.:....c.:.:....:.::..:::.c..:..c:..:.:....:::.:..:....:::.'-'..-'--'....::2...c..::..''c::....::: __
I 8
__
7
---'--'-::..
LHA For Paperwork Reduction Act Notice, see sep<Jrate instructions. Form 1116 (2007)
711501
12-21-07
20
10370807 786859 630 2007.07080 PERRY, R. 630 1
11 Add lines 9 and 10
Form 1116 (20071 JAMES R. & M. ANITA PERRY
Part III I Figuring the Credit
9 Enter the amount from line 8. These are your toral foreign taxes paid or accrued
for tna category of Illcome checked above Par I I
SEE STATEMENT 10 Carryback 01 carrvovcr (attach detailed computation;
1
9
10
111
--'I
25
.
77.
3 •
80.
< .
Page 2
12 Reduclion in forclgn taxes 121
13
14
Subtract line 12 tram Ime 11. This IS the total amount of foreign taxes available tor credit
Enter the amount from IlIle 7. ThiS is your taxable income or (loss) from sources outside the
United States (before adjustments) for the category 01 income ctlecked above Part I
I
I
1
14
1
13
24,
80.
15
16
Adiustments to line 14
Combine the amounts on lines 14 and 15. This is your net foreign source taxable IIlcome.
l1J
(tf the result is zel a or less, you have no foreign tax credit for the category of income
you checken above Part I. Skip lines 17 through 21. However, if you are filing more than I
one Form 1116, 'Iou must complete Ime 19.) 116/ 24 129.
17 Individuals: Enter the amount from Form 1040, line 4'.If 'lOll are a nonresident alien, I
enter the amount from Form 1040NF1, line 38. Estates and trusts: Enter your taxable
income without the deduction tor you I exemption SEE STATEMENT 24 17 581 913.
Caution: If you figured your tax using the lower rates on qualified dividends or capital gams, see instructions.
18 Divide line 16 by line 17. if line 16 is more than line 17, enter "1"
II- .041465
19 Individuals: Enter fhe amount from Form 1040, line 44. if '1011 are a nonresident allen, enler the amount from
For 111 1040NR, IlIle 41.
Estates and trusts: Enter the amount from Form 1041, Sclledule G, line 1a, or the total of Form 990-T,
lines 36 and 37 1191 177 677.
Caution: If you are completing line 19 for separate category e (lump-sum distributions). see pg. 20 of the instructions.
20 Multiply line 19 by line 18 (maximum amount of credit)
21 Enter the smaller of line 13 or line 20. If this is the only Form 1116 you are filing, skip Imes?? through 26 and enter this
amount on line 21. OtherWise, complete the appropriate line in Part IV
21 80.
I Part IV Summary of Credits From Separate Parts III
22 Credit for taxes on passive category income
23 Credit jor taxes on general category income
24 Credit for laxes on certalll income re-sourced by treaty
25 Credit for taxes on lump-sum distributions
26 Add lines 22 through 25 . 26
27 Enter the smaller at Ime 19 or line 26
+----­
28 Reduction of credit for international boycott operations 28
29 Subtract line 28 from line 27. This IS your foreign tax credit. Enter here and on Form Ime 51;
Form 1040NR line 46' Form 1041 Schedule G.linc fa' or Form 990-T.linc 10a 29 80.
Form 1116 (2007)
1.2-21-07
21
0370807 786859 630 2007.07080 PERRY, JAMES R.
711511
1
---
Form 6251
Department of the Treasury
Internal Revenue Service (99)
Alternative Minimum Tax - Individuals
Attach to Form 1040 or Form 1040NR.
OMB No 1545-0074
2007
Name(s) shown on Form 1040 or Form 1040NR Your social security number
If filing Schedule A (Form 1040), enter the amount from Form 1040, line 41, and go to line 2. Otherwise,
enter the amount from Form 1040, line 38, and go to line 7. (If less than zero, enter as a negative amount.)
2 MedIcal and dental EnlE:'r the smaller of SChedule A (Form 1040) line 4, or 2.5"/0 (025) of Form 1040. linE: 38 II zero or less, enter -0- ..
3 Taxes from Schedule A (Form 1040), line 9 .
4 Enter the home mortgage interest adjustment, if any, from line 6 of the worksheet on page 2 of the instructions.
5 Miscellaneous deductions from Schedule A (Form 1040), line 27 .
6 If Form 1040, line 38, is over $156,400 (over $78,200 if married filing separately), enter the amount from line 11
of the Itemized Deductions Worksheet on page A 10 of the instructions for Schedule A (Form 1040)
7 Tax refund from Form 1040, line 10 or line 21
8 Investment interest expense (difference between regular tax and AMT)
9 Depletion (difference between regular tax and AMT)
10 Net operating loss deduction from Form 1040, line 21. Enter as a positive amount
11 Interest from specified private activity bonds exempt from the regular tax
12 Oualified small business stock (7% of gain excluded under section 1202)
13 Exercise of incentive stock options (excess of AMT income over regular tax income)
14 Eslates and trusts (amount from Schedule K·1 (Form 1041), box 12, code A) .
15 Electing large partnerships (amount from Schedule K 1 (Form 1065-8), box 6)
16 Disposition of property (difference between AMT and regular tax gain or loss)
17 Depreciation on assets placed in service after 1986 (difference between regular tax and AMT)
18 Passive activities (difference between AMT and regular tax Income or loss)
.. SEE STbTEMENT 26
19 L_oss limitations (difference between AMT and regular tax income or loss)
20 Circulation costs (difference between regular tax and AMT)
21 Long-term contracts (difference between AMT and regular tax income)
22 Mining costs (difference between regular tax and AMT)
23 Research and experimental costs (difference between regular tax and AMT)
24 Income from certain installment sales before January 1, 1987
25 Intangible drilling costs preference
26 Other adjustments, including income-based related adjustments
27 Alternative tax net operating loss deduction
28 Alternative minimum taxable income. Combine lines 1 through 27. (If married filing separately and line
28 is more than $207,500, see instructions)
I Part II I Alternative Minimum Tax
29 Exemption. (If this form is for a child under age 18, see instructions.)
IF your filing status is. AND line 28 is not over THEN enter on line 29.
Single or head of household. $112,500 ... $44,350
Married filing jointly or qualifying widow(er).. 150,000 . . 66,250
}
Married filing separately. 75,000 33,125
If line 28 is over the amount shown above for your filing status, see instructions.
30 Subtract line 29 from line 28 If more than zero, go to line 31. If zero or less, enter -0- here and on lines
33 and 35 and skip the rest of Part II
31 • If you are filing Form 2555 or 2555-EZ, see page 8 of the instructions for the amount to enter.
• If you reported capital gain distributions directly on Form 1040, line 13; you reported qualified dividends
on Form 1040, line 9b; or you had a gain on both lines 15 and 16 of Schedule D (Form 1040) (as refigured
for the AMT, if necessary), complete Part Ilion page 2 and enter the amount from line 55 here.
• All others: If line 30 is $175,000 or less ($87,500 or less if married filing separately), multiply line 30 by
26% (.26). Otherwise, multiply line 30 by 28% (.28) and subtract $3,500 ($1,750 if married filing
separately) from the result.
32 Alternative minimum tax foreign tax credit (see instructions)
33 Tentative minimum tax. Subtract line 32 from line 31 .

!---,---1 94 6 •
I 2
__ 055.

'Ir'L I
_
_
<6,703._>

I
9
10
11
12

13
-----..1.1.
15
16
---.1L.
1------------­
18 o.
19
20 I
:L
22

24
._-­
25

27
28 1 086 298.
1]
o.
30 1,086,298.
185,763!..,

132 80.
r---=33'---+-
34 Tax fronl Form 1040, line 44 (minus any tax from Form 4972 and any foreign tax credit from Forml0'lO, line 51).
If you used Sch J to figurD your tax, the amount from line 44 of Form 1040 must be refigured with')'rt using Sch J 341 177,597.
35 Alternative minimum t<JX. Subtract line 34 from line 33. If zero or less. enter -0-. Enter here and on
Form 1040, line 45
, 8,086. o
LHA For Paperwork Reduction Act Notice, see instructions. Form 6251 (2007)
22
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
_____
,--(2_00_7..:...) .:"'J:..o.AM=E=S--"R,o-.:..-.:::::&--"M=-.:..-AN=c..::I:....:T::.,:A"':-.=:.P.=E:..:R-'::'R:..o.Y=---- -----' Pa--"Q'--e----'---2
I Part III , Tax Computation Using Maximum jt... a,--I-=G=-=a"'in'-"s=---=-R a,"-ot-=e... s
36 Enter the amount from Form 6251, line 30. If you are filing Form 2555 or 2555·EZ, enter the amount from
line 3 of the worksheet in the Instructions
37 Enter the amount from line 6 of the Qualified Dividends and Capital Gain Tax
Worksheet in the instructions for Form 1040, line 44, or the amount from
line 13 of the Schedule 0 Tax Worksheet on page 0·10 of the Instructions for
Schedule 0 (Form 1040), whichever applies (as refigured for the AMT, if
necessary) (see the instructions). If you are filing Form 2555 or 2555·EZ,
see instructions for the amount to enter 37
38
883
38 Enter the amount from Schedule 0 (Form 1040), line 19 (as refigured forthe
AMT, if necessary) (see instructions). If you are filing Form 2555 or 2555·EZ,
see instructions for the amount to enter .
39 If you did not complete a Schedule 0 Tax Worksheet for the regular tax or the
AMT, enter the amount from line 37. Otherwise, add lines 37 and 38, and enter
the smaller of that result or the amount from line 10 of the Schedule D Tax
I Worksheet (as refigured for the AMT, if necessary). If you are filing Form 2555
I
39 I
or 2555·EZ, see instructions for the amount to enter. 883
40 Enter the smaller of line 36 or line 39
41 Subtract line 40 from line 36.
42 If line 41 is $175,000 or less ($87,500 or less if married filing separately), multiply Iine 41 by 26% (.26)
Otherwise, multiply line 41 by 28% (.28) and subtract $3,500 ($1,750 if married flli ng separately) from
the result
43 Enter:
• $63,700 if married filing Jointly or qualifying widow(er), }
• $31,850 if single or married filing separately, or 63

• $42,650 if head of household.
44 Enter the amount from line 7 of the Qualified Dividends and Capital Gain
Tax Worksheet in the instructions for Form 1040, line 44, or the amount from
I
line 14 of the Schedule 0 Tax Worksheet on page 0 10 of the instructions for
Schedule 0 (Form 1040), whichever applies (as figured for the regular tax). If
you did not complete either worksheet for the regular tax. enter ·0· 199,695.
1M
45 Subtract line 44 from line 43. If zero or less, enter ·0· O. 45
46 Enter the smaller of line 36 or line 37 46 883,852.
47 Enter the smaller of line 45 or line 46 47
48 Multiply line 47 by 5% (.05)

-----,
U
36 I 298 086 1 , , .
I
,
"
I
852.
I
I
I
I
852.
I
...____ 852___

41 202,446.

_____ ..
700.
I
48
49 Subtract line 47 from line 46
l1L
883,852.
50
toline51. If line 38 is zero or blank, skip lines 51 and 52 and go to line 53, Otherwise, go
Multiply line 49 by 15% (.15)


132,578.
51 Subtract line 46 from line 40
l21J

52 Multiply line 51 by 25% (.25)
53 Add lines 42, 48, 50, and 52
54 If line 36 is $175,000 or less (S87,500 or less if married filing separately), multiply Ii ne 36 by 26% (.26).
Otherwise, multiply line 36 by 28% (.28) and subtract $3,500 ($1 ,750 if married filin g separately) from
the result
52
53

I
1
185,763.
I
I
154 ___

55 5 or do not enter Enter ti,e smaller of line 53 01 line 54 here and 011 lino 31. If you are filing Form 255
t his am0 unton line 31. In stead. en ter it 0 n line 4 of tic...' "::...\",' /""0c...rk""s::...h""e""ec...t::...i I1
cc
t",h",e...:.i:..:.11s",t::...ru::.c::..:t::..:i 0:..:.I1.:.:s"-'-'--'-"--'-"--'-"--'-"--'-"--'-"--'-"--"--'--'--'-"---'--....:5.::.,:C>::.·...J.1 .L,_7'-"6....:3='-'-.
Form 6251 (2007)
719591
12-26-07
23
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
FI
~ A M E S R. & M. ANITA PERRY
I
Form I
Description
Name
I
!
Kl- p".R. PERRY CO.
REGULAR INCOME
*
AMT NET INCOME
*
'I
I
!
I
I
I
I
I
l
I
ALTERNATIVE MINIMUM TAX RECONCILIATION REPORT
Social Security Number
I
Income
1,654.
1,654.
Form 6251, Line 16 Form 6251, Line 17
Adjustment
Form 6251, Line 18
Form 6251

Form 6251, Line 19

r-- Other Adjustment
I
I
I
I
I
I
I
I
I
I
,
~
-
719911
04-27-07
';S3cj:
I
Date AMT I
AMT Regular AMT NvlT No Description
Acquired Cost Or Basis Accumulated Depreciation Depreciation Adjustment
I I
PROPERTY ­
27.50 167,679. o. 1,523. 08101107 SL
1,523·1 o.
** SUBTOTAL **
167,679. o. 1,523. 1,523. o.
***
GRAND TOTAL ***
I I 167,679. o. 1,523. 1,523.1 o.
7281C4
24.1
04-27-07
-------------------------
--------------------------
OMB No 1545-0121
ALTERNATIVE MINIMUM TAX
1116 Foreign Tax Credit Form
2007
(Individual, Estate, or Trust)
Dep3ftment of the Treasury
Internal Revenue SerVice (99) Attach to Form 1040, 1040NR, 1041, or 990-T.
Name Identifying number as shown on page 1 of you' tax return
JAMES R. & M. ANITA PERRY
Use a separate Form 1116 for each category of income listed below. See Categories of Income beginning on page 3 of the instructions. Check only one box on each
Form 1116. Report all amounts III U.S. dollars except where specified rn Part II below.
a [X] Passive category Income cO Section 901 (j) Income e 0 Lump-sum distributions
b 0 General category income dO Certain Income re-sourced by treaty
f Resident of (name of country) UNITED STATES
Note: If yOIl paid taxes to only one foreign countly or U.S. possession, use column A in Pan I and line A in Pan/l. If you paid taxes to more than one
foreign country or U.S. posseSSion, Ilse a separate column and Ime for each country or possession.
I Part I I Taxable Income or Loss From Sources Outside the United States (for Category Checked Above)
f- A__--'F--'o''_'r__
Total
(Add cols. A, B. and C.)
------'----'--'----"=-----====-+--------+---------+--------+-...,
Enter the name of the foreign country or U.S. PTHER
possession COUNTRIES
1a Gross Insome from sources Within country shown above
and of the type cllecked above:
24 209. 1a 24 209.
b Check if line 1a IS compensation tor personal services as
an employee, your total compensation from all sources is
S250,000 or more, and you used an alternative basis to
determine its source (see Instructions) 0
Deductions and losses (Caution: See pages 14 and 15
of the instructions).
2 Expenses definitely related to the income on line 1a
(attach statement)
3 Pro rata share of ollle! deductions not definitely related:
a Cel tain itemized deductions or standard deduction
b Other deductions (attach statement)
c Add lines 3a and 3b
1---
2
'-4209 .1-------+---------1
d Gross foreign source Income
e Gross income from all sources 1 135 743.
f DiVide line 3d by line 3e .021316
g Multiply line 3c by line 31
4 Pro rata share of interest expense:
a Home mortgage interest (use worksheet on page 14
of the Instructions)
__ _ -­
b Other Interest expense
5 Losses from foreign sources
6 Add lines 2. 3g, 4a. 4b, and 5 44. 44. 6
7 Subtract Ime 6 from line 1a. Enter the result here and on Ime 14, pane 2 24 165. 7
Part II I Foreign Taxes Paid or Accrued
Credit is claimed Foreign taxes paid or accrued
for taxes I-----------------------------"r----'------------------------.-------­
(you must In foreign currency III U.S. dollar s
r:­ check one)
§ (h) [X] Paid Taxes withlleld at source on:
(n) Other
foreign Taxes withlleld at source on:
(r) Otller
foreign
foreign
I paid or
<3 (i) 0 Accrued taxes paid or taxes paid or accrued (add cols.
0) Date paid (k) DIVldends[J1) Rentsand (m) Interest accrued (0) DIVidends (p) (q) Interest accrued (0) tllrougll (r))

8 Md line; 1\ tllrougll C, CUlilllln (s). enter tile totaillere ollil Oil Ilile 9, page 2
77.
LHA For Paperwork Reduction Act Notice, see separate instructions. ;'oem 1'1 '16 (2007)
? 11501
12-21-07
10370807 786859 630 2007.07080
25
PERRY, JAMES R. 630 1
I
ALTERNATIVE MINIMUM TAX
ANITA PERRY
Page 2
---: i
9 Enter the amount from Ime 8. Tilese are your total foreign taxes paid or accrued
I ,
for the category at mcome cllecked above Pari I 77.
It­
10 Carryback or carryover (attach detailee computation) SEE STATEMENT 27 1 10 I 3.1
r-i=...;1----------:::....:...
11 Add lines 9 and 10 uL _
12 Reduction in foreign taxes 1121
13 Subtract Ime 12 from lme 11. ThiS is the total amount of fOlelgn taxes available for credit
14 Enter the amount flam line 7. ThiS IS your taxable income or (loss) from sources outside the
Umted Slates (before aOJustments) for the category of mcome checked above Part I 24 165.
15 Adjustments to line 1
16 Combine the amounts on Imes and 15. ThiS IS your net foreign source taxable Income.
(If the result is zero or less, you have no foreign lax credit for the category of Income
you cllecked above Part I. Skip Imes 171hrough 21. However, If you are filing more than
one Form 1116, you must complete line 19.) 24 165.
17 Individuals: Enter the amount from Form line H If you are a nonresident alien, I I
enter the amount tram Form 1040NR, line 38. Estates and trusts: Enter your taxable
income without fhe deduction for your exemption SEE STATEMENT 28 i 17 675 926.
Caution: If you figured your tax using the lower rates on qualified dividends or capital gains, see instructions
18 Divide line 15 by line 17.11 line 151s more than line 17, enter "1" .035751
19 Individuals: Enter the amount from Form line If you are a nonresident allen, enter the amount from
Form line H
I" Estates and trusts: Enter the amount from Form Schedule G, line 1a, or the total at Form 990-T,
1
lines 36 and 37 19 185 763.
Caution: If you are completing line 19 for separate category e (lump-sum distnbutions), see pg. 20 of the instructions. I
20 Multiply line 19 by line 18 (maximum amount of credit)

21 Enler the smaller of line 13 01 line 20. if 1I1lS is tile only Form 1116 you are fiimg. Skip lines 22 tllrough 25 and enler tillS
amount on line 27. Otherwise. complete the appropriate line in Part IV
80.
LPart IV I Summary of Credits From Separate Parts III
22 Cledlt lor taxes on passive category Income
23 Credit (or taxes on general category Income
24 Credit for taxes on certain income re-sourced by treaty
25 Credit for taxes on lump-sum dlstriblltions
la=----------1
26 Add lines 22 through 25
_
27 Enter tile smaller of line 19 or line 76
__8_0_.
28 Reduction of credit for international boycott operations
.. __
29 Subtract line 28 from line 77_ This is your foreign tax credit. Enter here and on Form lille 51;
Form line For1ll1041. Schedule G.line 2a' or Form 990-T.llne 29 80.
Form 1116 (2007)
711511
12-21-07
26
786859 630
2007.07080 __
--
----- ---------
OMS No 1545-0172
SCHEDULE E- 2
4562
r:orrr:
Depreciation and Amortization
2007
(Including Information on Listed Property)
Attachment Department of the Treasury
See separate instructions. Attach to your tax return. Sequence No 67
Name{s) shown on return Business or activity to whlcn this form relates I Identifying number
Internal Revenue Service
ESIDENTIAL
JAMES R. & M. ANITA PERRY PROPERTY ­
Par:!lJ Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part Vbefore you complete Part r
1 MaXimum amount. See the instructions for a higher limit for certain businesses 1- - 12 5-,
2 Total cost of section 179 property placed In service (see instructions)
3 Threshold cost of section 179 property before reduction in 50 0 , 000 •
4 Reduction in limitation. Subtract line 3 from line 2. If zero or less. enter -0- 1-----_
4
---1 _
5 Dollar limitation for tax yeal Subtract line 4 from line 1 It zero O' less enter -0 . If malfled frj!"Jl sepalatel\ see Instructions 5
6 (a) DeSCription of property I Ib) Cos: (bUSiness use only) I Ic) Eleoted cost
I I

7 Li,I,d pcoperty E,'" Ih"mooc!fcom Ii" ?9 ----=:J r71-------­
8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . 8-+ _ f-I
9 Tentative deduction Enter the smaller of line 5 or line 8 . 11-----"'9---1 _
10 Carryover of disallowed deduction from line 13 of your 2006 Form 4562"::: 110+
11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 i 11
12 Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 11
13 Carryover of disallowed deduction to 2008. Add lines 9 and 10, less line 12 .. 3=---.l.1 --"-- _
Note: Do not use Part /I or Part II/ below for listed property. Instead, use Part V.
I Part II [ Special Depreciation Allowance and Other Depreciation (Do not include listed property.)
14 Special allowance for qualified New York Liberty or Gulf Opportunity Zone property (ottler tllan listed property) and cellulOSIC
biomass ettlanol plant property placed in service during the tax vear
H-r:-i . .__
15 Property subject to section 168(f)(1) election
.... n;1-----­
16 Other de reeiation ineludin ACRS . 16
MACRS Depreciation (Do not include listed property.) (See instructions.)
Section A
t
ron
c--: -:-- : i D --=--=--=-===
u
Section B - Assets Placed in Service During 2007 Tax Year Using the General Depreciation System
RENT
Part III
-----,
(c) BaSiS lor depreciation (b) Month and
(d) Recovery
(bUSineSs/Investment use (a) CICJsslflcallon of property yea, placed (e) Co:rventlon i (f} Method (g) Depreciation deduction
period
only - see Instructions) In servIce
property
b
5 year property
-
-I
I
c
7-year property
_d__1O-year property
e
15-year property
----_.-.------­ r---­
f 20'year property
property 25 yrs. S/L
J
27.5 yrs. MM S/L 8 107 111 64l.

h Residential rental property
27.5 yrs. MM S/L I
MM S/L 39 vrs. I
i Nomesidential real property
MM S/L
ced
I
0 2007
20;- S<cUo, C-A"et, P'i "5".'°'1 ""9 T" :=urr:;=c Syf-------­
Part IV I Summary (see instructions)
21
22
Listed propel1y. Enter arnount from line 28
Tot:I1. f\dd arnounts from line 12, lines 14 tllroUgll 17. lines 19 and 20 in column (g), and lille 21 .
I 21 I

Enter here and on tile d[1[1ropriate lines of your r,)l,:rn. Pal1nerships alld S corporations - see illstr. . 22
23 For assets showil abovo ,HlcJ placed in SOl vice during the current ye"r, ellter the
630 786859
--20r1ion of tile basis attributable to sectioll 2G3A costs
;;6gi_6/ LHA For Paperwork Reduction Act Notice, see separate instructions.
27
2007.07080 PERRY, 10370807
23
JAMES R. 630
Form 4562 (2007)
1
---
Form 4562 (2007) JAMES R. & M. ANITA PERRY Page 2
Part V Listed Property (Include automobiles, certain other vehicles, cellular telephones, certain computers, and property used for entertainment,
recreation, or amusement.)
Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (aJ
through (ci of Section A, all of Section B. and Section C if apolicable
Section A - Depreciation and Other Information (Caution: See the instructions for lImits for passenger automobiles)
24a Do you have eVidence to support the busineSS/investment use claimed? [] Yes 0 No I24b If "Yes" is the evidence written? DYe0 No_
(b) (c)
Business/
Investment
use percenlage
(9)
I
(h)
(i)
(a) (d)
I (.) pf)
Date BasIs for oeoreclatlon RecQver l ! Elected
Depreciation Type of property Method/ Cost or
I
T
placed In (bUSiness/Investment period J 1 section 179
deduction (list vehicles first) Convention other basis
use only)
service cos!
25 Special allowance for qualified Gulf Opportunity Zone property placed in service during the tax year and
used more than 50% in a qualified business use" 25
26 Property used more than 50% in a qualified business_u_s_e_: I
J== I
27 Pcop.rt, ccod 50% oc l' '0
=l
I

S/L­
[%-5_
28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1
29 Add amounts in column (i). line 26. Enter here and on line 7. page 1
Section B - Information on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person.
If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing :his section lor
those vehicles.

(e) (f)
1
(a)
I

Vehicle
(d)
Vehicle
oj
30 Total business!lnvestment miles driven during the Vehicle
I
Vehicle Vehicle
+-
---­
year (do not Include commuting miles)
31 Total commuting miles driven during the year
32 Total other personal (noncommuting) miles
driven I
33 Total miles driven during the year.

Add lines 30 through 32,
I
34 Was the vehicle available for personal use Yes No Yes No Yes I Yes I No
t-

1_
Yes
I
No
I
during off-duty hours?
35 Was the vehicle used primarily by a more
I
than 5% owner or related person?
36 Is another vehicle available for personal
I I-I [-­
use?
Section C - Questions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who are not more than 5%
owners or relat-=-e-=d-,p",e",r-=s-,--o.:..n.=.s.:... _
37 Do you maintain a written policy statement that prohibits all persona! use of vehicles, including commuting, by your
employees? ,
38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners
39 Do you treat all use of vehicles by employees as personal use?
40 Do you provide more than five vehicles to your employees, obtain information from your employees about
the use of the vehicles, and retain the information received?
41 Do you meet the requirements concerning qualified automobile demonstration use?
Note: If vour answer to 37,38,39 40 or 41 is "Yes," do not comolete Section B for the covered vehicles.
Yes ---.NQ_

I Part VI I Amortization
(a) (e) (dl (f)
l (b) I (e) I
DeSCription of costs Date amortlllllion Amortizable Code Am artlZ<lllO n Amortlzaltan I'
begins amount
I
section pefl8d or for ttllS

I
42 Amortization of costs that begins dUring your 2007 tax year:
i
-----===-u---±__ --+---
---------t­
43 /,,,,,xtization of costs that b8gan befor8 YOl.,r 2007 tax year
---,
43 I
44 Tot]!. Add amoullts in column (D. See the instructions for where to reoort 441
716:252/11-03-07
10370807 786859 630 2007.07080
28
PERRY, JAMES R.
Form 4562 (2007)
630 1
Form 8582
Department of the! reasur)'
Passive Activity Loss Limitations
See separate instructions.
OMS No 1545 1008
2007
Internal Revenue Service (99) Attach to Form 1040 or Form 1041.
Name(s) shown on return Identifying number
R. & M. ANITA PERRY
2007 Passive Activity Loss Caution' Complete Worksheets 1, ?-, and 3 on page 2 before completing Part I.
Rental Real Estate Activities With Active Participation (For the definition of active participation, see
Special Allowance for Rental Real Estate Activities on oage 3 0; the instructions.)
1a Activities with net income (enter the amount from Worksheet "
column (a)) 1a
b Activities with net loss (enter the amount from Worksheet 1,
column (b)) 1b
c Prior years unallowed losses (enter the amount from Worksheet I
1, column (c)) I
1c
d Combine lines 1a, 1band 1c .. 1d
Commercial Revitalization Deductions From Rental Real Estate Activities
2a Commercial revitalization deductions from Worksheet 2, column (a) I

I
b Prior year unallowed commercial revitalization deductions from
Worksheet 2. column (b) lb I
c Add lines 2a and 2b
I
2c
All Other Passive Activities
3a Activities with net income (enter the amount from Worksheet 3,
column (a)) 3a I 1,654. I
b Activities wittl net loss (enter the amount from Worksheet 3,
column (b))
----.­
c Prior years unallowed losses (enter the amount from Worksheet 3,
column (c)) .3c1
d Combine lines 3a. 3b. and 3c 1 654. 3d
4 Combine linGS 1d, 2c, and 3d. If the result is net income or zero, all losses are allowed, Including any prior year
unallowed losses entered on line 1e, 2b, or 3e Do not complete Form 8582. Report the losses on the forms and
schedules normally used
I
4 1,654.
If line 4 is a loss and: • Line 1d is a loss, go to Part II.
• Line 2c is a loss (and line 1d is zero or more), skip Part II and go to Part III.
• Line 3d is a loss (and lines 1d and 2c are zero or more), skip Parts II and III and go to line 15.
Caution: If your filing status is married filing separately and you lived with your spouse at any time dunng the year, do not complete
Part II or Part III. Instead, go to Ime 15.
l!§rt !!J Special Allowance for Rental Real Estate Activities With Active Participation
S Enter the smaller of the loss on line 1d or the an line 4
6 Enter $150,000 If married filing separately, see the instructions
7 Enter modified adjusted gross income, but not less t han zero (see the instr.)
Note: If line 7 is greater than or equal to line 6, skip II'nes 8 and
g, enter .0. on line 10. Otherwise, go to line 8.
8 Subtract line 7 from line 6


5
J....­
l
8
Note: Enter all numbers in Part II as positive amounts. See page 8 of the instructions for an example.
If line 2c is a loss,
Part III
9 25,000. If married filing separately, see the instructions Multiply line 8 by 50% (.5). Do not enter more than $

10 Enter the smaller of line or line 9 . 10
---­
0 to Part III. Otherwise, 0 to line 15.
Special Allowance for Commercial Revitalization Deductions From Rental Real Estate Activities
Note: Enter all numbers in Par1111 as positive amounts. See the example for Part lion page 8 of the
11 Enter $25. ,000 reduced. by tile amo.unt. if any, on line 10. If married filing separately, see Instructions 11 I
12 Enter the loss from line 4
13 Reduce line 12 by the amount on line 10 ---------_
Enter the smallest of line 2c treated as a positive amount), line 11. or line 13 . ---'1'--'4--1..1 . _
Total Losses . __
15 Add the Income, if any, 011 lines 1a ;lIld 3a ollter the total 15--1--,===--==
16 Total losses allowed from all passive activities for 2007. Add lines 10,14, ,1I1d 15. Se8 the instructions
to find out how to reoort tile losses on [)llr tax return SEE STATEMENT 30 16
LHA 719761/1011·07 For Paperwork Reduction Act Notice, see separate instructions. FOlm 8582 (2007)
28.1
:0370807 786859 630 2007.07080 PERRY, JAMES R. 610
----------

-----------------
_ Paoe 2
Caution: The worksheets must be filed with your tax return Keep a copy for your records.
Worksheet 1 - For Form 8582, Lines 1a, 1b, and 1c (See instructions.)
I
Current year
Prior years Overall gain or loss
b
Name of activity
(a) Net income (b) Net loss (c) Unallowed I
(e) Loss
I •. ain
I (line 1a) (line 1b) loss (line 1c)
I r----+I--------1

--+------­
1---------jF
------+-1 --+-,--3f---­ I i
._---_._--­
Total. Enter on Form 8582, lines 1a,! I 1
1b and 1c I
Worksheet 2 - For Form 8582, Lines 2a and 2b (See instructions)
---(a-)--'cC:Cu-'-rr"--e--'n'-=-t-'-ye"--a"--r'--'-----'"------,-------(b-)-P-r-iO-r-y-e-a-r---J"Ti------------­
Name of activity (c) Overall loss
]
____________---J d_e_d_u_c_ti_o_n_S_(I_in_e_2_a_)_-+_u_n_a_Ilo_w_e_d_d_e_d_u_c_ti_o_nS_(I_ine 2b) 1- _-_-_-_-_-_-_-_-_-_-_-_-_- - __ -_
1


and 2b .. I _ 1 ---'-.
Worksheet 3 - For Form 8582, Lines 3a, 3b, and 3c (See instructio!2.s_.)_-,-- -,- _
Name of activity
Total. Enter on Form 8582, lines 3a,
3b, and 3c
I __current year Prior years Overall gain or loss
--,----------+-------.--j---------,---------­
(a) Net income (b) Net loss (c) Unallowed I
(d) Gai=f=n(e) Loss
(line 3a) (line 3b) loss (line 3c) I f-- _
I
--­
SEE ATTAClHED FOR
I
I
I
WORKSHEET
F
3 T
_.­

..
1 654. I I
Worksheet 4 - Use thIs worksheet If an amount IS shown on Form 8582, line 10 or 14 (See instructions.)
Form or
- -­
and line number I
Name of activity
to be reported on
I') Lm I (b)
from column (a)
(see
T I
r ___0__.---
J-
--_.


I .
l
1-·-----+--­

1 Total. i __
Worksheet 5 - Allocation of Unallowed Losses (See instructions.)
Gmor schedule
=f_(b_)R_a_ti_o ,oj """owed 10,"
TotJ!
-------­
j
I
l
1-----­
_+1_­
l-­
ame of activity
and line number
(a) Loss
to be reported on
(see instructions)
I
_..
--_.­
N
",19762 10-11-07 Form 8582 (2007)
28.2
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
----

rorm 8903
Attach to your tax return. See separate instructions.
Domestic Production Activities Deduction
OMS No 1M5-19S"
2007
Attachment
Seauence Na 143
Name(s) as shown on return
JAMES R. & M. ANITA PERRY
IIdentifying number
1 Domestic production gross receipts (DPGR)
2 Allocable cost of goods sold. If you are using the small business simplified
overall method, skip lines 2 and 3
3 If you are using the section 861 method, enter deductions and losses allocable
H---------i
to DPGR. All others, see instructions
4 If you are using the small business simplified overall method, enter the amount
of cost of goods sold and other deductions or losses you ratably apportion to
OPGR. All others, skip line 4
rt -I
5 Add lines 2 through 4
6 Subtract line 5 from line 1 I: I
7 Ouallfied production activities income from estates, trusts, and certain partnerships and S corporations (see
instructions) I,+---I_
II
8 Add lines 6 and 7. Estates and trusts, go to line 9, all others, skip Ime 9 and go to line 10 8 I
9 Amount allocated to beneficiaries of the estate or trust (see instructions) 9 I
._--­
10 Qualified production activities income. Estates and trusts, subtract line 9 from line 8, all others, enter amount
from line 8. If zero or less, enter -C- here, skip lines 11 through 19, and enter -0- on line 20

0 .
11 Income limitation (see instructions):
• Individuals, estates, and trusts. Enter your adjusted gross income figured without the
domestic production activities deduction
• All others. Enter your taxable mcome figured without the domestic production
activities deduction (tax-exempt organizations, see instructions)
--'!'1_
------------------------­
12 Enter the smaller of line 10 or line 11. If zero or less, enter -0· here, skip lines 13 through 19.
and enter -0- on line 20 ..
13 Enter 6% of line 12.
14 Fornl W-2 wages (see instructions)
15 Form W·2 wages from estates, trusts, and certain partnerships and S corporations (see instructions)
16 Add lines 14 and 15. Estates and trusts, go to line 17, all others, skip line 17 and go to line 18 .

13
14
15
16
17 Amount allocated to beneficiaries of the estate or trust (see instructions) 17
18 Estates and trusts, subtract line 17 from line 16, all others, enter amount from line 16 18
- --­
19 Form W-2 wage limitation Enter 50% of line 18
20 Enter the smaller of line 13 or line 19 20 o.
21 Domestic production activities deduction from cooperatives. Enter deduction from Form 1099-PATR, box 6 21
22 Expanded affiliated group allocation (see instructions) 22
23 Domestic production <lctivities deduction. Combine lines 20 through 22 and enter the result here and on
Form 1040, line 35; Form 1120, line 25; or the applicable line of our return
LHA For Paperwork Reduction Act Notice, see separate instructions.
23
8903 (2007)
29
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
--
--------------------
Form 8283
(Rev December 2006)
Department 01 fhe Treasury
Internal Revenue Service
Noncash Charitable Contributions
Attach to your tax return if you claimed a total deduction
of over $500 for all contributed properly.
See separate instructions.
OM8 No 1545·0908
Attachment
Sequence No 155
Name(s) shown on your I!lcome tax relllrn I Identifying number
I __
Note. Figure the amount of your contribution deduction before completing tllis form. See yOU! tax return Instructions.
Section A. Donated Properly of$5,000 or Less and Certain Publicly Traded Securities· List I!l this section only Items (or groups of similar items) for which you
claimed a deducllon of $5,000 or less. Also, Irst certain pUblicly traded securities even If the deduction IS more than $5,000 (see Instructions).
LEii!JJ Information on Donated Properly - If you need more space, attach a statement.
(a) Name and address of the (b) Description of donated property
donee organIzation (For a donated vehicle, enter the year. make, model. condItion. and mileage,
_____
THE SETTLEMENT HOME FOR CHILDREN
A
1600 PAYTON GIN ROAD, AUSTIN, TX 78758
B
GOODWILL
300 NORTH LAMAR BLVD, AUSTIN, TX 78703
C
GOODWILL
300 NORTH LAMAR BLVD] AUSTIN, TX 78703
-
D
SILK, BEADED DRESS
-------­
V"<LOTHING SHOES

HOUSEHOLD ITEMb CLOTHING ___
I
E
I
lete columns (d), (ei, and (f). Note. If the amounf you claimed as adeduction for an item IS $500 a! do not have to com
Ic) Date 01 the \:?) Date acquned (e) How acqwred (f) Dono(s cost or
(g) contribution ' dono" (mo vr) bv donor adlusted baSIS
PURCHASE 7 500. COMPARABLE A 9/1 0/ 07 VAR. I
B 01 18/07 VAR. PURCHASE 955. rrHRIFT I
06)22/07 c VAR. PURCHASE I 770. 590.ITHRIFT
I
T---­
D
I
E I I I
(h) Method used to determine tne fair
market value
SALES
SHOP VALUE
SHOP VALUE
[P?!f[] Partial Interests and Restricted Use Properly - Complete Irnes 2a through 2e If you gave less than an entire Interest in a property listed In Part I. Complete
lines 3a tllrough 3c if conditions were placed on a contribution listed in Part I; also attach the required statement (see instructions).
-----_.. _---_._--­
2 a Enler the letter from Part I that identities the Pi operty for which you gave less than an entire interest _
If Part II applies to more than one property, attach a separate statement.
Total amount claimed as a deduction for the P! operty listed In Part I: (1) For tllis tax year _
(2) For any prior tax years _
c Name and address of each organization to which any such contribution was made in a prior year (complete only if different from the
donee organization _
Name of charitable organization (donee)
Address (number, street. and room or suite no)
City or towll, sl<:lle, <:lnd ZIP code
d For tangible properly, enter the place where the property IS located or kept _
e Name of any person, other than the donee organization, having actual possession of tile property __
Yes No
3 a Is there a restriction, either temporary or permanent, on the donee's right to use or dispose of the donated property?
b Did you give to anyone (other than the donee organization or another organization participating witil
the donee organization In cooperative fundraiSlrlg) tile right to the I!lcome from tile donated property or
to tile possession of tile property, including tile rlgllt to vote donated securities, to acquire tile
c
property by PU!Cll;1ce or otherwise, or to deslgllate the person SUCll income, possession, or
to acquire?
Is there a restnctioll limiting tile donater! PIOPC! ty fOI a particular usc?

LIlA For Paperwork Reduction Act Notice, see separate instructions. Form 8283 (Rev. 12-2006)
719931 04-27-07
30
10370807 786859 630 2007.07080 PERRY, R. 630 1
1
Form 1116 u.s. and Foreign Source Income Summary
NAME
JAMES R. & M. ANITA
FOREIGN
INCOME TYr-c-E__ TOT,ilL _____u-s- P IVE__
Compensation 111,494. 111,494.
Dlvi dends/DIslr/ilu tl ons 25,087. 25,087.
Inter est 2,27l. 2,27l.
Capital Gains 893,473. 893,473.
Business/Profession
Renl/rloyalt'l 8,382. 8,382.
Refunds
Pilrtnerstlip/S Corporation 5,827. 5,827.
TrustJEslate 24,209. 24,209.
Other Income 65,000!- 24,209.
Gross Income 1,135,743. 1,111,534. 24,209.
Less:
Section 911 ExclUSion
Caoital Losses 22,114. 22,114.
Capital Gains Tax Adjustment
Total Income - Form 1116 1,089,420. 24,209.
Deouctions:
Business/Profession expenses 4,173. 4,173.
Rent/Royalty!::xpenses 7,554. 7,554.
Partnershlp/S Corporation Losses
TruSt/Estate Losses 7,660. 7,660.
Capital Losses
Non-capital Losses
IndiVidual Retirement Account
Moving Expenses
Self-employment Tax Deduction 4,670. 4,670.
Setf-emoloyment Healttllnsurance
Keogh Contributions 12,082. 12,082.
Alilliony
Forfeited Interest
Foreign Housing Deduction
OHler Adjustments
Capital Gains Tax Adjustment
Total Deductions 36.139.
Ad/usted Gross Income 1,077,490.
1 , 05 3 , 2 81.-!- __ --=2--"-0-"'-9....:...
Less Itemized Deductions:
Spccilically Allocated 2,080. 2,080.
Home Mortgage Interes' 958. 938. 20.
Other Intel est
RatalJly Allocated 2,826. 2,766. 60.
Total Adjustments 10 Adjusted Gr oss Income 5,864. 5,784.
_____8JL..
Taxable Incolne Before Exemptions 24,129.
--------------------- -------------------------
727931
OJ 27-07
31
? 0 0 7 . 0 7 0 R0
10l70R07 78h8S9 h30
Form 1116 Allocation of Itemized Deductions
NAME
JAMES R, & M, ANI -, _
Taxes
Interest - Nollncluding Investment
Interest
Contributions
Miscellaneous Deductions
Subject to 2%
Other Miscellaneous DeductIOns ­
Not Includrng Gambling Losses
Foreign Adjustment
Total Itemized Deductions
Su bject to Sec. 68
Add IlGmlzed Deductions
Not Subject to Sec. 68:
Medical/Dental
Investment Interest
Post Aug. 27 Contributions ..
Casualt,' Losses
Gambling Losses
Foreign Adjustment
Tolal ItenllZeeJ Deductions
Total Allowed on Schedule A
I Total Itemized Deductions i F_o_rn_l_11_1_6 ----1
Itemized Afwr Sec. 68
I
e-1__D_e_du_c_ti_on_s__
1
6,055.!
i,eductlon -1t-:_s_p_ec_lf_ICa_II_Y_u.S.
2,826., l
SpeCifically Foreign
I

Ratable
2 0 5 4"-,,+ -=.9-=.5_.=.8-0.,+­ ---=-9=-38=--..o...;-,I ___!
____4--'-4==-5.=..S-'-1''-­ ----'2=-<-,O-=---=--S.=..O-'-1' --=2-'-,-=.0 8 0 ,+-1 -+-__- -----1
I
L-- 12, 864"
I i
1---­ 1
+ '
12,567,
___----L
5
'--'-'='S-"6--'=4'-=',-'-­ 3'--'-'='0...=1_ S ,i 2 .....Q.--­ .2
727871
04-27-07
32
10370807 786S59 630 2007.07080 PERRY, JAMES R, 630 1
3
Form 1116 Foreign Tax Credit Carryover Statement (Page 1 of 2)
NAMe
JAMES R. & M. ANITA PERRY
Foreign Income Category IPASSIVE INCOME
f l ~ i 1 J ~
1. Foreign tax paid/accrued
2. FTC carryback to 2007
for amended returns .
3. Reduction allocated to excluDed income
4. Foreign tax available
5. Maximum credit allowable
6. Unused foreign tax ( + )
or excess of limit ( - )
7 Foreign tax carryback
8. lorelgn tax carryforward
9 Less treaty adJustment
10. lorelgn (ax or excess limit remaining
Total foreign taxes from all available years to be carrred to next year
1. Foreign tax paid/accrued
2. FTC carryback to 2007
for amended returns
3. Reduction allocated to excluded Income
4. Foreign tax available
5. Maximum credit allowable
6. Unused foreign tax ( + )
or excess of limit ( - )
7. ForClgn tax carryback
8 Foreign tax carryforwar d
9 Lcss treaty adjustment
10. Foreign tax or excess limit lemalnlng
2004 2005 2006
L_2JlQL
I 7
I
I
- - ~ ~ -
7
_____1-1-36
I 3 .1 <7 29
I
..­
3]
,
I
<7,28 !
- ~
2000 2001 2002 2003
=J
~
I
I
I
l
~ - ~
1999
I
1. Foreign (ax paid/accrued
2. HC carryback to ?007
for amended returns
lieductlon allocated to excluded Income
4. Forelg n tax availab Ie
5. MaXimum credrl allowable
6. Unused foreign tax ( + )
or excess of limit ( - )
7. Foreign tax carryback
8. Foreign tax carryforward
9. Less (reaty adjuslment
10. Foreign tax or excess limil remaining
727915/09-04-07
33
10370807 786859 630 2007.07080 PERRY, JAMES R, 630 1
Form 1116 Foreign Tax Credit Carryover Statement (Page 2 of 2)
NAME
JAMES R. & M. ANITA PERRY
••
Foreign Income Category IPASSIVE
Alternative Minimum Tax
1. Foreign tax paid/accrued
2. FTC carryback to 2007
for amended returns
2004 2005 1 2006
I
---l
2007
I 77.
1
i
I
3. Reduction allocated 10 excluded Income
4. Foreign tax available
5. Maximum credit allowable
6. Unused foreign tax ( + )
or excess 01 limit ( - )
7. Foreign tax carryback
8. Foreign tax carrylorward
9. Less treaty adjustment
10. Foreign tax 01 excess limit remaining
Total foreign taxes from all available years to be carried to next year
1. Foreign tax paid/accrued
2. FTC carryback to 2007
for amended returns
3. Reduction allocated to excluded Income
4. Foreign tax available
5. MaXimum credit allowable
6. Unused lorelgn tax ( + )
or excess or lin1l1 ( - )
7. Foreign tax carryback
8. Foreign tax carryforward.
9. Less treaty adjustment
10. Foreign tax or excess limit remaining t=== I 1 --I
1999
1. Foreign tax paid/accrued
2. FTC carryback to 2007

for amended returns
3. Reduction allocated to excluded IIlcome
1
4. Foreign tax available
5. Maximum credit allowable
6. Unused lore/gn tax ( + )
01 ex:ess of limit ( - )
I
7. Foreigl1 tax carryback
8. Foreign tax carryforward
9. Less treaty adjustment
10. Foreign lax or excess limit remaining
1
--_._---­
i
I
77·1
I 6 641.,
I
<6,564.1:>
I ---
I ____
3.1 __}..
1- --------------------_+-l...---------1----+/ -<-6, su}
1
2000 2001 2002 2003
=;
1 I

727016/09-04-07
34
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
I Depletion
1-------------­
1
Taxable income including all available NOL carryover
Plus allowable depletion
I
I Minus cost depletion
I
Taxable income before percentage depletion
65%
65% of taxable income
Property Description
I
__ J
I
I
I
1tr.R. PERRY CO.
EEVOCABLE "BLIND" TRUST
2,sTATE AGRE
I
I
I
1,083,547.
10,358.
1,089,069.
0.65
707,895.
Percentage
Depletion
1st Iteration
500.
9,858'1
I
I
-------------_._--_...
65% of Taxable Income Allocation

_
-----.
Limited Percenta(
e I :l:lIowable Depl. r Excess Allocation Cost
Percentage Depletion F nal Reallocation after the Percentage
Ratio Depletion
Der:1etion Iteration
-----L__Ratlo 65% Lim..i.!§lion
I
.048272! 500. 5( o. .048272 500.
.951728 9,858. 9, 8 8 . .951728 9,858.
I I I I I
I
L... Total
1 0 , 3 358 . 10 , 358 .I...L...O 0 0 _
72553 ','2...;-2-;' -07
1
JAMES R. & M. ANITA PERRY
FORM 1040 MISCELLANEOUS INCOME STATEMENT
DESCRIPTION AMOUNT
TEXAS
TOTAL
ASSOCIATION AGAINST SEXUAL
TO FORM 1040, LINE 21
ASSAULT 65,000.
65,000.
36 STATEMENT(S) 1
10370807 786859 630 2007.07080 PERRY, J P ~ E S R. 630 1
2
JAMES R. & M. ANITA PERRY
FORM 1040 PERSONAL EXEMPTION WORKSHEET STATEMENT
1.
2 •
3 .
4.
5 .
6.
7 .
8 .
9 .
10.
IS THE AMOUNT ON FORM 1040, LINE 38, MORE THAN THE AMOUNT SHOWN ON LINE 4
BELOW FOR YOUR FILING STATUS?
NO. STOP. MULTIPLY $3,400 BY THE TOTAL NUMBER OF CLAIMED
ON FORM 1040, LINE 6D, AND ENTER THE RESULT ON LINE 42.
YES. CONTINUE
MULTIPLY $3,400 BY THE TOTAL NUMBER OF EXEMPTIONS
ON FORM 1040, LINE 6D . . . . . . . . . . .. .
ENTER THE AMOUNT FROM FORM 1040, LINE 38 . .
ENTER THE AMOUNT FOR YOUR FILING STATUS
SINGLE
MARRIED FILING JOINTLY OR
MARRIED FILING SEPARATELY
HEAD OF HOUSEHOLD
SUBTRACT LINE 4 FROM LINE 3
IS LINE 5 MORE THAN $122,500
MARRIED FILING SEPARATELY)?
$156,400
WIDOW(ER) $234,600
$117,300
$195,500
. . . .
($61,250 IF
[X] YES. MULTIPLY $1,133 BY THE TOTAL NUMBER
OF EXEMPTIONS CLAIMED ON FORM 1040,
LINE 6D. ENTER THE RESULT HERE AND
ON FORM 1040, LINE 42. DO NOT
COMPLETE THE REST OF THIS WORKSHEET.
[ ] NO. DIVIDE LINE 5 BY $2,500 ($1,250
IF MARRIED FILING SEPARATELY). IF
THE RESULT IS NOT A WHOLE NUMBER,
INCREASE IT TO THE NEXT WHOLE
NUMBER (FOR EXAMPLE, INCREASE
o. 0004 TO 1) . . . . . . . . . . .
MULTIPLY LINE 6 BY 2% (.02) ENTER THE RESULT
AS A DECIMAL . . . . . . .
MULTIPLY LINE 2 BY LINE 7
DIVIDE LINE 8 BY 1.5
CLAIMED
.... 10,200.
1,092,810.
234,600.
858,210.
3,399.
SUBTRACT LINE 9 FROM LINE 2. TOTAL TO FORM 1040, LINE 42.
37 STATEMENT(S) 2
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
3
JAMES R. & M. ANITA PERRY
FORM 1040 SEP DEDUCTION STATEMENT
M. ANITA PERRY
1. PLAN CONTRIBUTION RATE OR SELF-EMPLOYED PERSON'S RATE
2. NET EARNINGS FROM SCHEDULE C, SCHEDULE F, OR SCHEDULE K-l
3. DEDUCTION FOR SELF-EMPLOYMENT TAX FROM 1040, LINE 27 .
4. SUBTRACT LINE 3 FROM LINE 2 .
5. MULTIPLY LINE 4 TIMES LINE 1 .
6. MULTIPLY $225,000 BY YOUR PLAN CONTRIBUTION RATE. ENTER
THE RESULT BUT NOT MORE THAN $45,000 ..
7. ENTER THE SMALLER OF LINE 5 OR LINE 6 .
8. CONTRIBUTION DOLLAR LIMIT .
*IF ANY ELECTIVE DEFERRALS WERE MADE, GO TO LINE 9.
*OTHERWISE, SKIP LINES 9 THROUGH 18 AND ENTER THE SMALLER
OF LINE 7 OR LINE 8 ON LINE 19.
9. ALLOWABLE ELECTIVE DEFERRALS
10. SUBTRACT LINE 9 FROM LINE 8
ll. SUBTRACT LINE 9 FROM LINE 4
12. ENTER ONE-HALF OF LINE 11
13. ENTER THE SMALLEST OF LINES 7, 10 OR 12
14. SUBTRACT LINE 13 FROM LINE 4 . . . .
15. ENTER THE SMALLER OF LINE 9 OR LINE 14 . . . . .
*IF CATCH-UP CONTRIBUTIONS WERE MADE, GO TO LINE 16.
*OTHERWISE, SKIP LINES 16 THROUGH 18.
16. SUBTRACT LINE 15 FROM LINE 14 . . . . . .
17. CATCH-UP CONTRIBUTION (AGE 50 OR OLDER)
18. ENTER THE SMALLER OF LINE 16 OR LINE 17
19. ADD LINES 13, 15 AND 18. ENTER HERE AND ON LINE 28,
FORM 1040 .
.200000
65,000.
4,592.
60,408.
12,082.
45,000.
12,082.
45,000.
12,082.
FORM 1040 TAX-EXEMPT INTEREST STATEMENT
KAME OF PAYER AMOUNT
~ R O M K-l
TOTAL TO
- REVOCABLE "BLIND"
FORM 1040, LINE 8B
TRUST STATE AGREEMENT FBO RICK PER 257.
257.
38 STATEMENT(S) 3, 4
c:"') .....
10370807 786859 630 2007.07080 PERRY, J ~ ~ E S R
4
5
JAMES R. & M. ANITA PERRY
FORM 1040 STUDENT LOAN INTEREST DEDUCTION STATEMENT
1. ENTER THE TOTAL INTEREST PAID IN 2007 ON QUALIFIED STUDENT
LOANS. DO NOT ENTER MORE THAN $2,500 2,500.
2. ENTER THE AMOUNT FROM FORM 1040, LINE 22 1,109,562.
3. ENTER THE TOTAL OF THE AMOUNTS FROM FORM 1040, LINES 23
THROUGH 32 PLUS ANY WRITE-IN ADJUSTMENTS YOU ENTERED ON
THE DOTTED LINE NEXT TO LINE 36 16,752.
4. SUBTRACT LINE 3 FROM LINE 2 1,092,810.
5 . ENTER THE AMOUNT SHOWN BELOW FOR YOUR FILING STATUS.
* SINGLE, HEAD OF HOUSEHOLD, OR QUALIFYING WIDOW(ER)-$55,OOO
* MARRIED FILING JOINTLY-$110,OOO . 110,000.
6 • IS THE AMOUNT ON LINE 4 MORE THAN THE AMOUNT ON LINE 5?
[ J NO. SKIP LINES 6 AND 7, ENTER -0- ON LINE 8, AND GO TO
LINE 9
[XJ YES. SUBTRACT LINE 5 FROM LINE 4 982,810.
7 . DIVIDE LINE 6 BY $15,000 ($30,000 IF MARRIED FILING JOINTLY).
ENTER THE RESULT AS A DECIMAL (ROUNDED TO AT LEAST THREE
PLACES). IF THE RESULT IS 1.000 OR MORE, ENTER 1.000 1.000
8. MULTIPLY LINE 1 BY LINE 7. 2,500.
9. STUDENT LOAN INTEREST DEDUCTION. SUBTRACT LINE 8 FROM
LINE 1. ENTER THE RESULT HERE AND ON FORM 1040, LINE 33 o.
FORM 1040 WAGES RECEIVED AND TAXES WITHHELD STATEMENT
T
S EMPLOYER'S NAME
AMOUNT
PAID
FEDERAL
TAX
WITHHELD
STATE
TAX
WITHHELD
CITY
SDI
TJI.x WIH
FICA
TAX
MEDICARE
TAX
T
T
OFFICE OF THE
GOVERNOR
SPE CORPORATE
SERVICES, INC
111,36l.
133.
14,228.
33.
6,045.
8 .
1,723.
2 .
TOTALS 111,494. 14,26l. 6,053. 1,725.
39 STATEMENT(S) 5, 6
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
6
7
JAMES R. & M. ANITA PERRY
FORM 1040 QUALIFIED DIVIDENDS STATEMENT
ORDINARY QUALIFIED
NAME OF PAYER DIVIDENDS DIVIDENDS
BANK OF NEW YORK
BANK OF NEW YORK
FROM K-1 - REVOCABLE "BLIND" TRUST
STATE AGREEMENT FBO RICK PERRY DTD
9-13-9
3 .
28.
24,726.
3 .
28.
12,462.
TOTAL INCLUDED IN FORM 1040, LINE 9B 12,493.
40 STATE11ENT (S) 7
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
8
JAMES R. & M. ANITA PERRY
FORM 1040 EXCESS SOCIAL SECURITY TAX WORKSHEET STATEMENT
TAXPAYER SPOUSE
1. ADD ALL SOCIAL SECURITY TAX WITHHELD BUT NOT MORE
THAN $6,045.00 FOR EACH EMPLOYER (THIS TAX SHOULD
BE SHOWN IN BOX 4 OF YOUR W-2 FORMS). ENTER THE
TOTAL HERE . . . . . . . . . . . . . . . . . 6,053.
2. ENTER ANY UNCOLLECTED SOCIAL SECURITY TAX ON TIPS OR
GROUP-TERM LIFE INSURANCE INCLUDED IN THE TOTAL ON
FORM 1040, LINE 63
3. ADD LINES 1 AND 2 6,053.
4. SOCIAL SECURITY TAX LIMIT 6,045.
5. SUBTRACT LINE 4 FROM LINE 3. EXCESS SOCIAL SECURITY
TAX INCLUDED IN FORM 1040, LINE 67. . . 8 .
FORM 1040 FEDERAL INCOME TAX WITHHELD STATEMENT
T
S DESCRIPTION AMOUNT
T OFFICE OF THE GOVERNOR 14,228.
T SPE CORPORATE SERVICES, INC 33.
J BANK OF NEW YORK 1.
S BANK OF NEW YORK 8 .
TOTAL TO FORM 1040, LINE 64 14,270.
FORM 1040 LATE PAYMENT INTEREST STATEMENT 10
DESCRIPTION DATE AMOUNT BALANCE RATE DAYS INTEREST
TAX DUE
FORM 4868 PAYMENT
INTEREST RATE CHANGE
DATE FILED
04/15/08
04/15/08
06/30/08
07/31/08
140,845.
<140,000.>
o•
140,845.
845.
856.
860.
.0600
.0600
.0500
76
31
11.
4.
TOTAL LATE PAYMENT INTEREST 15.
41 STATEMENT(S) 8, 9, 10
10370807 786859 630 2007.07080 PERRY, J . ~ E S R. 630 1
9
JAMES R. & M. ANITA PERRY
SCHEDULE A MISCELLANEOUS DEDUCTIONS SUBJECT TO FLOOR STATEMENT 11
DESCRIPTION AMOUNT
INVESTMENT MGMT FEES
INVESTMENT MGMT FEES
FROM K-1 - REVOCABLE
PERRY DTD 9-13-9
TOTAL TO SCHEDULE A,
"BLIND"
LINE 23
TRUST STATE AGREEMENT FBO RICK
2,384.
5,527.
1,000.
8,911.
SCHEDULE A CASH CONTRIBUTIONS STATEMENT 12
DESCRIPTION
TARRYTOWN UNITED METHODIST CHURCH
TEXAS A&M ASSOCIATION OF FORMER STUDENTS
FROM K-1 - J.R. PERRY CO.
AMOUNT
50% LIMIT
90.
240.
83.
AMOUNT
30% LIMIT
SUBTOTALS
TOTAL TO SCHEDULE A, LINE 16
413.
413.
SCHEDULE A MORTGAGE INTEREST AND POINTS STATEMENT 13
REPORTED ON FORM 1098
DESCRIPTION AMOUNT
EXCLUDED VACATION HOME INTEREST 2,054.
TOTAL TO SCHEDULE A, LINE 10 2,054.
42 STATEMENT(S) 11, 12, 13
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
SCHEDULE A ITEMIZED DEDUCTIONS WORKSHEET STATEMENT 14
1. ENTER THE TOTAL OF THE AMOUNTS FROM SCHEDULE A, LINES 4,
9, 1 5, 1 9, 20, 27, AND 28 . . . . . . . . . . . . . .
2. ENTER THE TOTAL OF THE AMOUNTS FROM SCHEDULE A, LINES 4,
14, AND 20, PLUS ANY GAMBLING AND CASUALTY OR THEFT
LOSSES INCLUDED ON LINE 28 .
3. IS THE AMOUNT ON LINE 2 LESS THAN THE AMOUNT ON LINE 1?
IF NO, YOUR DEDUCTION IS NOT LIMITED. ENTER THE AMOUNT
FROM LINE 1 ABOVE ON SCHEDULE A, LINE 29.
IF YES, SUBTRACT LINE 2 FROM LINE 1 .
4. MULTIPLY LINE 3 BY 80% (.80) ..... 10,054.
5. ENTER THE AMOUNT FROM FORM 1040, LINE 38. 1,092,810.
6. ENTER: $156,400 ($78,200 IF MARRIED FILING
SEPARATELY) . . . .. ..... . .. 156,400.
7. IS THE AMOUNT ON LINE 6 LESS THAN THE AMOUNT
ON LINE 5?
IF NO, YOUR DEDUCTION IS NOT LIMITED. ENTER
THE AMOUNT FROM LINE 1 ABOVE ON SCHEDULE A,
LINE 29.
IF YES, SUBTRACT LINE 6 FROM LINE 5 936,410.
8 . MULTIPLY LINE 7 BY 3% (.03) .... 28,092.
9 • ENTER THE SMALLER OF LINE 4 OR LINE 8
10. DIVIDE LINE 9 BY 3 .
11. SUBTRACT LINE 10 FROM LINE 9 .
12. TOTAL ITEMIZED DEDUCTIONS. SUBTRACT LINE 11 FROM LINE 1.
ENTER THE RESULT HERE AND ON SCHEDULE A, LINE 29 ....
12,567.
o.
12,567.
10,054.
3,351.
6,703.
5,864.
SCHEDULE A STATE AND LOCAL GENERAL SALES TAXES STATEMENT 15
DESCRIPTION AMOUNT
STATE
LOCAL
TOTAL
SALES TAX
SALES TAX
TO SCHEDULE A, LINE 5
2,099.
672.
2,771.
43 STATEMENT(S) 14, 15
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
SCHEDULE A GENERAL SALES TAX DEDUCTION WORKSHEET STATEMENT 16
1 ENTER YOUR STATE GENERAL SALES TAXES FROM THE
APPLICABLE TABLE. 2,099.
TEXAS
IF, FOR ALL OF 2007, YOU LIVED ONLY IN CONNECTICUT, THE
DISTRICT OF COLUMBIA, HAWAII, INDIANA, KENTUCKY, MAINE,
MARYLAND, MASSACHUSETTS, MICHIGAN, MISSISSIPPI, NEW JERSEY,
RHODE ISLAND, VIRGINIA, OR WEST VIRGINIA, SKIP LINES 2
THROUGH 5, ENTER -0­ ON LINE 6, AND GO TO LINE 7.
OTHERWISE, GO TO LINE 2.
2 DID YOU LIVE IN ALASKA, ARIZONA, ARKANSAS
(TEXARKANA ONLY), CALIFORNIA (LOS ANGELES
COUNTY ONLY), COLORADO, GEORGIA, ILLINOIS,
LOUISIANA, NEW YORK STATE, OR NORTH
CAROLINA IN 2007?
IF NO, ENTER -0-.
IF YES, ENTER YOUR LOCAL GENERAL SALES
TAXES FROM THE APPLICABLE TABLE. O.
3 DID YOUR LOCALITY IMPOSE A LOCAL GENERAL
SALES TAX IN 2007? RESIDENTS OF
CALIFORNIA, NEVADA AND TEXARKANA,
ARKANSAS, SEE INSTRUCTIONS.
IF NO, SKIP LINES 3 THROUGH 5, ENTER
-0­ ON LINE 6 AND GO TO LINE 7.
IF YES, ENTER YOUR LOCAL GENERAL SALES
TAX RATE, BUT OMIT PERCENTAGES. 2.0000
AUSTIN
4 DID YOU ENTER -0­ ON LINE 2 ABOVE?
IF NO, SKIP LINES 4 AND 5 AND GO TO LINE 6.
IF YES, ENTER YOUR STATE GENERAL SALES
TAX RATE, BUT OMIT PERCENTAGES. 6.2500
5 DIVIDE LINE 3 BY LINE 4. ENTER THE RESULT AS
A DECIMAL (ROUNDED TO AT LEAST THREE PLACES). .3200
6 DID YOU ENTER -0­ ON LINE 2 ABOVE?
IF NO, MULTIPLY LINE 2 BY LINE 3.
IF YES, MULTIPLY LINE 1 BY LINE 5. 672.
6A ADD LINE 1 AND LINE 6. 2,771.
6B PART-YEAR DAYS RATE. 1.000000
6C MULTIPLY LINE 6A BY LINE 6B. 2,771.
7 ENTER YOUR GENERAL SALES TAXES PAID ON SPECIFIED ITEMS,
IF ANY.
8 DEDUCTION FOR GENERAL SALES TAXES. ADD LINES 6C AND 7.
ENTER THE RESULT HERE AND ON SCHEDULE A, LINE 5 AND CHECK
BOX "B" ON THAT LINE. 2,771.
44 STATEMENT(S) 16
10370807 786859 630 2007.07080 PERRY, JN1ES R. 630 1
JAMES R. & M. ANITA PERRY
SCHEDULE D NET SHORT-TERM GAIN OR LOSS FROM STATEMENT 17
PARTNERSHIPS, S CORPORATIONS, AND FIDUCIARIES
DESCRIPTION OF ACTIVITY GAIN OR LOSS
REVOCABLE
PERRY DTD
"BLIND"
9-13­
TRUST STATE AGREEMENT FBO RICK
<235.>
TOTAL TO SCHEDULE D, PART I, LINE 5 <235.>
SCHEDULE D NET LONG-TERM GAIN OR LOSS FROM STATEMENT 18
PARTNERSHIPS, S CORPORATIONS, AND FIDUCIARIES
DESCRIPTION OF ACTIVITY GAIN OR LOSS 28% GAIN
REVOCABLE "BLIND"
PERRY DTD 9-13­
TOTAL TO SCHEDULE
TRUST STATE
D, PART II,
AGREEMENT
LINE 12
FBO RICK
69,643.
69,643.
SCHEDULE D CAPITAL GAIN DISTRIBUTIONS STATEMENT 19
NAME OF PAYER
FROM K-1 - REVOCABLE "BLIND"
FBO RICK PERRY DTD 9-13-9
TRUST STATE AGREEMENT
TOTAL
CAPITAL GAIN
64.
28% GAIN
TOTALS TO SCHEDULE D, LINE 13 64.
45 STATEMENT(S) 17, 18, 19
10370807 786859 630 2007.07080 PERRY, J F ~ E S R. 630 1
JAMES R. & M. ANITA PERRY
SCHEDULE E VACATION HOME LIMITATIONS AND CARRYOVERS STATEMENT 20
RESIDENTIAL RENTAL PROPERTY - 1610 LEOPARD COURT, COLLEGE STATION, TX 77840
1. RENTAL INCOME. ... .. ..
2. A RENTAL PORTION OF DEDUCTIBLE HOME MTG INTEREST
AND QUALIFIED MORTGAGE INSURANCE PREMIUMS
B RENTAL PORTION OF REAL ESTATE TAXES . . . .
C RENTAL PORTION OF DEDUCTIBLE CASUALTY LOSSES.
D DIRECT RENTAL EXPENSES. .. .. ..
E FULLY DEDUCTIBLE RENTAL EXPENSES. ADD LINES 2A - 2D
4,092.
2,962.
o.
o•
...
5,200.
7,054.
3. SUBTRACT LINE 2E FROM LINE 1. IF LESS THAN ZERO, ENTER ZERO o.
4. A RENTAL PORTION OF INDIRECT EXPENSES. . . . . O.
B RENTAL PORTION OF EXCESS MORTGAGE INTEREST
AND QUALIFIED MORTGAGE INSURANCE PREMIUMS O.
C ADD LINES 4A AND 4B . . . . O.
D ALLOWABLE OPERATING EXPENSES. SMALLER OF LINE 3 OR LINE 4C o.
5. SUBTRACT LINE 4D FROM LINE 3. IF LESS THAN ZERO, ENTER ZERO o.
6. A RENTAL PORTION OF EXCESS CASUALTY LOSSES . o.
B RENTAL PORTION OF DEPRECIATION . 1,523.
C CARRYOVER OF CASUALTY LOSSES AND DEPRECIATION o.
D ADD LINES 6A THROUGH 6C . . . . . . . . . . . 1,523.
E ALLOWABLE EXCESS CASUALTY LOSSES AND DEPRECIATION.
SMALLER OF LINE 5 OR LINE 6D . . . . . . . . . . . o.
7. A OPERATING EXPENSES TO BE CARRIED OVER TO 2008. SUBTRACT
LINE 4D FROM LINE 4C . . . . . . . . . . . . . . . . o•
B EXCESS CASUALTY LOSSES AND DEPRECIATION TO BE CARRIED
OVER TO 2008. SUBTRACT LINE 6E FROM LINE 6D..... 1,523.
SCHEDULE E INCOME OR (LOSS) FROM ESTATES AND TRUSTS STATEMENT 21
NAME
EMPLOYER
ID NO.
PASSIVE
LOSS
PASSIVE
INCOME
NONPASSIVE
LOSS
NONPASSIVE
INCOME
REVOCABLE "BLIND"
TRUST AGREEMENT
FBO ANITA PERRY
REVOCABLE "BLIND"
TRUST STATE
AGREEMENT FBO
NET INCOME FROM
DEPLE'rION
STATEMENT
03-6092780
74-6467584
74-6467584
o.
9,858.
41,727.
TOTALS TO SCHEDULE E, LINE 34
------­
9,858. 41,727.
46 STATEMENT(S) 20, 21
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
SCHEDULE SE NON-FARM INCOME STATEMENT 22
DESCRIPTION AMOUNT
TEXAS
TOTAL
ASSOCIATION
TO SCHEDULE
AGAINST SEXUAL
SE, LINE 2
ASSAULT 65,000.
65,000.
SCHEDULE SE NON-FARM INCOME STATEMENT 23
DESCRIPTION AMOUNT
J.R. PERRY CO.
TOTAL TO SCHEDULE SE, LINE 2
5,827.
5,827.
47 STATEMENT(S) 22, 23
10370807 786859 630 2007.07080 PERRY, JA}fES R. 630 1
JAMES R. & M. ANITA PERRY
FORM 1116 WORLDWIDE CAPITAL GAINS STATEMENT 24
WORKSHEET FOR LINE 17
1 ENTER THE AMOUNT FROM FORM 1040, LINE
IF YOU ARE A NONRESIDENT ALIEN, ENTER
AMOUNT FROM FORM 1040NR, LINE 38
41.
THE
1,086,946.
2 ENTER WORLDWIDE 28% GAINS
3 MULTIPLY LINE 2 BY 0.2000
4 ENTER WORLDWIDE 25% GAINS
5 MULTIPLY LINE 4 BY 0.2857
6 ENTER WORLDWIDE 15% GAINS
QUALIFIED DIVIDENDS
AND
883,852.
7 MULTIPLY LINE 6 BY 0.5714 505,033.
8 ENTER WORLDWIDE 5% GAINS
QUALIFIED DIVIDENDS
AND
9 MULTIPLY LINE 8 BY 0.8571
10 ADD LINES 3, 5, 7, AND 9 505,033.
11 SUBTRACT LINE 10 FROM LINE 1. ENTER THE
RESULT HERE AND ON FORM 1116, LINE 17 581,913.
48 STATEMENT(S) 24
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
FORM 1116 FOREIGN TAX CREDIT CARRYOVER I CARRYBACK STATEMENT 25
PASSIVE INCOME
YEAR OF CREDIT
TOTAL FOREIGN
TAXES PAID
FOREIGN TAX
CR CLAIMED
BALANCE
AVAILABLE
2006 FOREIGN TAX CREDIT
2005 FOREIGN TAX CREDIT
2004 FOREIGN TAX CREDIT
2003 FOREIGN TAX CREDIT
2002 FOREIGN TAX CREDIT
2001 FOREIGN TAX CREDIT
2000 FOREIGN TAX CREDIT
1999 FOREIGN TAX CREDIT
FOREIGN TAX CR CARRYBACK TO 2007
9.
o.
o.
o.
O.
o.
o.
o.
6 •
o.
o.
o.
o.
o.
o.
o.
3 .
o.
o.
o.
o.
o.
o.
o.
o.
TOTAL TO FORM 1116, PART III, LINE 10 3 .
FORM 6251 PASSIVE ACTIVITIES STATEMENT 26
NAME OF ACTIVITY FORM
NET
AMT
INCOME (LOSS)
REGULAR ADJUSTMENT
J.R. PERRY CO.
TOTAL TO FORM 6251,
SCH E
LINE 18
1,654. 1,654.
49 STATEMENT(S) 25, 26
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
FORM 1116 ALTERNATIVE MINIMUM TAX FOREIGN TAX CREDIT STATEMENT 27
CARRYOVER/CARRYBACK
PASSIVE INCOME
TOTAL FOREIGN FOREIGN TAX BALANCE
YEAR OF CREDIT TAXES PAID CR CLAIMED AVAILABLE
2006 ALT. MIN. TAX CREDIT 9. 6. 3 .
2005 ALT. MIN. TAX CREDIT O. O. o.
2004 ALT. MIN. TAX CREDIT o. o. o.
2003 ALT. MIN. TAX CREDIT o. o. o.
2002 ALT. MIN. TAX CREDIT O. o. o.
2001 ALT. MIN. TAX CREDIT O. o. o.
2000 ALT. MIN. TAX CREDIT O. o. o•
2.999 ALT. MIN. TAX CREDIT o. o. o.
:OREIGN TAX CR CARRYBACK TO 2007 o.
~ O T A L TO FORM 1116 (AMT) , PART III, LINE 10 3 .
50 STATEMENT(S) 27
:0370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
FORM 1116 ALTERNATIVE MINIMUM TAX FOREIGN TAX CREDIT STATEMENT 28
WORLDWIDE CAPITAL GAINS
WORKSHEET FOR LINE 17
1 ENTER THE AMOUNT FROM FORM 6251, LINE 28 1,086,298.
2 ENTER WORLDWIDE 25% GAINS
3 MULTIPLY LINE 2 BY 0.1071
4 ENTER WORLDWIDE 15% GAINS
AND QUALIFIED DIVIDENDS 883,852.
5 MULTIPLY LINE 4 BY 0.4643 410,372.
6 ENTER WORLDWIDE 5% GAINS
AND QUALIFIED DIVIDENDS
7 MULTIPLY LINE 6 BY 0.8214
8 ADD LINES 3, 5, AND 7 410,372.
9 SUBTRACT LINE 8
RESULT HERE AND
FROM LINE 1. ENTER THE
ON FORM 1116 AMT, LINE 17 675,926.
51 STATEMENT(S) 28
0370807 786859 630 2007.07080 PERRY, JAMES R. 630 1
JAMES R. & M. ANITA PERRY
FORM 8582 OTHER PASSIVE ACTIVITIES - WORKSHEET 3 STATEMENT 29
NAME OF ACTIVITY NET
CURRENT
INCOME
YEAR
NET LOSS
PRIOR YEAR
UNALLOWED
LOSS
OVERALL
GAIN
GAIN OR LOSS
LOSS
J.R. PERRY
TOTALS
CO. 1,654.
1,654.
O.
O.
1,654.
1,654.
FORM 8582 SUMMARY OF PASSIVE ACTIVITIES STATEMENT 30
R
E
R
FORM
OR PRIOR NET UNALLOWED ALLOWED
A NAME SCHEDULE GAIN/LOSS YEAR C/O GAIN/LOSS LOSS LOSS
J.R. PERRY CO. SCH E 1,654. 1,654.
TOTALS 1,654. 1,654.
PRIOR YEAR CARRYOVERS ALLOWED DUE TO CURRENT YEAR NET ACTIVITY INCOME
TOTAL TO FORM 8582, LINE 16
52 STATEMENT(S) 29, 30
10370807 786859 630 2007.07080 PERRY, JAMES R. 630 1

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