Form

Department of the Treasury - Internal Revenue Service (99)

1040 U.S. Individual Income Tax Return 2016 OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space.

For the year Jan. 1-Dec. 31, 2016, or other tax year beginning , 2016, ending , 20 See separate instructions.
Your first name and initial Last name Your social security number

VICTOR K LIU 090-54-3760

If a joint return, spouse's first name and initial Last name Spouse's social security number

090-54-2005
Home address (number and street). Apt. no. Make sure the SSN(s) above
1720 EL CAMINO REAL 200 and on line 6c are correct.
City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Presidential Election Campaign

Burlingame CA 94010 Check here if you, or your spouse if filing

jointly, want $3 to go to this fund. Checking
Foreign country name Foreign province/state/county Foreign postal code a box below will not change your tax or
refund.
You Spouse
1 Single 4 Head of household (with qualifying person). (See instructions.) If
Filing the qualifying person is a child but not your dependent, enter this
2 Married filing jointly (even if only one had income) child's name here.
Status
Check only one
3 X Married filing separately. Enter spouse's SSN above

box. and full name here.MARIA H LIU 5 Qualifying widow(er) with dependent child
6a X Yourself. If someone can claim you as a dependent, do not check box 6a . . . . . . . . . .
} Boxes checked
Exemptions
b Spouse . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
on 6a and 6b 1
No. of children
(4) Chk if child under on 6c who:
c Dependents: (2) Dependent's (3) Dependent's age 17 qualifying
social security number relationship to you for child tax credit lived with you
(1) First name Last name (see instructions) did not live with
you due to divorce
or separation
If more than four (see instructions)
dependents, see
Dependents on 6c
instructions and not entered above
check here Add numbers
on lines
Total number of exemptions claimed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d above 1
Income
7 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . . . . . . . . . . . . 7 130,000
8a Taxable interest. Attach Schedule B if required . . . . . . . . . . . . . . . . . . . . . . . 8a 48
b Tax-exempt interest. Do not include on line 8a . . . . . . . 8b
Attach Form(s)
W-2 here. Also 9a Ordinary dividends. Attach Schedule B if required . . . . . . . . . . . . . . . . . . . . . 9a
attach Forms b Qualified dividends . . . . . . . . . . . . . . . . . . . . . 9b
W-2G and 10 Taxable refunds, credits, or offsets of state and local income taxes . . . . . . . . . . . . . 10 6,762
1099-R if tax 11 Alimony received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
was withheld.
12 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . . . . . . . . . . 12

If you did not

13 Capital gain or (loss). Attach Schedule D if required. If not required, check here 13 (1,500)
get a W-2, 14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . . . . . . . . . . . . 14
see instructions. 15a IRA distributions . . . . . 15a b Taxable amount . . . . . 15b
16a Pensions and annuities . . 16a b Taxable amount . . . . . 16b 15,011
17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E . . 17 672,109
18 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20a Social security benefits . . 20a 42,207 b Taxable amount . . . . . 20b 35,876
21 Other income 21
22 Combine the amounts in the far right column for lines 7 through 21. This is your total income . . . . 22 858,306
23 Educator expenses . . . . . . . . . . . . . . . . . . . . 23
Adjusted
24 Certain business expenses of reservists, performing artists, and
Gross
fee-basis government officials. Attach Form 2106 or 2106-EZ . . . . 24
Income
25 Health savings account deduction. Attach Form 8889 . . . . 25
26 Moving expenses. Attach Form 3903 . . . . . . . . . . . . 26
27 Deductible part of self-employment tax. Attach Schedule SE . 27
28 Self-employed SEP, SIMPLE, and qualified plans . . . . . . 28
29 Self-employed health insurance deduction . . . . . . . . . 29
30 Penalty on early withdrawal of savings . . . . . . . . . . . 30
31a Alimony paid b Recipient's SSN 31a
32 IRA deduction . . . . . . . . . . . . . . . . . . . . . . . 32
33 Student loan interest deduction . . . . . . . . . . . . . . . 33
34 Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . 34
35 Domestic production activities deduction. Attach Form 8903 . 35
36 Add lines 23 through 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
37 Subtract line 36 from line 22. This is your adjusted gross income . . . . . . . . . . . . 37 858,306
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040 (2016)
EEA
Form 1040 (2016) VICTOR K LIU 090-54-3760 Page 2
Tax and
38 Amount from line 37 (adjusted gross income) . . . . . . . . . . . . . . . . . . . . . . . . 38 858,306
Credits
39a Check X You were born before January 2, 1952,
{ Blind. Total boxes
}
if: Spouse was born before January 2, 1952, Blind. checked 39a 1
b If your spouse itemizes on a separate return or you were a dual-status alien, check here . . . 39b
Standard
Deduction
40 Itemized deductions (from Schedule A) or your standard deduction (see left margin) . . . 40 66,119
for - 41 Subtract line 40 from line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 792,187
People who 42 Exemptions. If line 38 is $155,650 or less, multiply $4,050 by the number on line 6d. Otherwise, see instructions . . 42 0
check any
box on line 43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0-. . . . 43 792,187
39a or 39b or
who can be 44 Tax (see instructions). Check if any from: a Form(s) 8814 b Form 4972 c 44 286,539
claimed as a 45 Alternative minimum tax (see instructions). Attach Form 6251 . . . . . . . . . . . . . . . 45
dependent,
see 46 Excess advance premium tax credit repayment. Attach Form 8962 . . . . . . . . . . . . . . 46
instructions.
All others:
47 Add lines 44, 45, and 46 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 286,539
48 Foreign tax credit. Attach Form 1116 if required . . . . . . . . 48
Single or
Married filing 49 Credit for child and dependent care expenses. Attach Form 2441 . . . 49
separately,
$6,300
50 Education credits from Form 8863, line 19 . . . . . . . . . . . 50
Married filing 51 Retirement savings contributions credit. Attach Form 8880 . . . 51
jointly or 52 Child tax credit. Attach Schedule 8812, if required . . . . . . . 52
Qualifying
widow(er), 53 Residential energy credit. Attach Form 5695 . . . . . . . . . 53
$12,600
54 Other credits from Form: a 3800 b 8801 c 54
Head of
household, 55 Add lines 48 through 54. These are your total credits . . . . . . . . . . . . . . . . . . . . 55
$9,300
56 Subtract line 55 from line 47. If line 55 is more than line 47, enter -0- . . . . . . . . . . . 56 286,539
57 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . . . . . . . . . . . 57
Other 58 Unreported social security and Medicare tax from Form: a 4137 b 8919 . . . . 58
Taxes 59 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . . 59
60 a Household employment taxes from Schedule H . . . . . . . . . . . . . . . . . . . . . . . 60a
b First-time homebuyer credit repayment. Attach Form 5405 if required . . . . . . . . . . . . 60b
61 Health care: individual responsibility (see instructions) Full-year coverage X . . . . . . . 61
62 Taxes from: a X Form 8959 b Form 8960 c Instructions; enter code(s) 62 45
63 Add lines 56 through 62. This is your total tax . . . . . . . . . . . . . . . . . . . . . 63 286,584
Payments 64 Federal income tax withheld from Forms W-2 and 1099 . . . . 64 6,413
65 2016 estimated tax payments and amount applied from 2015 return. . . 65
If you have a
qualifying
66a Earned income credit (EIC) . . . . . . . . . . . . . . . . . 66a
child, attach b Nontaxable combat pay election. . . 66b
Schedule EIC.
67 Additional child tax credit. Attach Schedule 8812 . . . . . . . 67
68 American opportunity credit from Form 8863, line 8 . . . . . . 68
69 Net premium tax credit. Attach Form 8962 . . . . . . . . . . . 69
70 Amount paid with request for extension to file . . . . . . . . . 70
71 Excess social security and tier 1 RRTA tax withheld . . . . . . 71
72 Credit for federal tax on fuels. Attach Form 4136 . . . . . . . 72
73 Credits from Form: a 2439 b Reserved c 8885 d 73
74 Add lines 64, 65, 66a, and 67 through 73. These are your total payments . . . . . . . 74 6,413
Refund 75 If line 74 is more than line 63, subtract line 63 from line 74. This is the amount you overpaid 75
76a Amount of line 75 you want refunded to you. If Form 8888 is attached, check here . 76a
Direct deposit? b Routing number c Type: Checking Savings
See
d Account number
instructions.
77 Amount of line 75 you want applied to your 2017 estimated tax . . . 77
Amount 78 Amount you owe. Subtract line 74 from line 63. For details on how to pay, see instructions 78 284,008
You Owe 79 Estimated tax penalty (see instructions) . . . . . . . . . . . 79 3,837
Third Party Do you want to allow another person to discuss this return with the IRS (see instructions)?
Designee's Phone
Yes. Complete below. X No
Personal identification
Designee name no. number (PIN)
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and
Sign accurately list all amount and sources of income I received during the tax year. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Your signature Date Your occupation Daytime phone number
Here
Joint return? See
43760 04-04-2017SURGEON 415-515-5469
instructions. Spouse's signature. If a joint return, both must sign. Date Spouse's occupation Identity Protection PIN (see inst.)
Keep a copy for
your records.
Preparer's signature Date Check if PTIN

Paid
JIAN FENG LIU EA 12-26-2017 self-employed P01681481
Print/Type preparer's name JIAN FENG LIU EA
Preparer
Use Only
Firm's name J & S ACCOUNTING INC Firm's EIN 47-3369897
Firm's address 1441 NORTH CAROLAN AVE
Burlingame, CA 94010 Phone no. 415-629-1006
EEA Form 1040 (2016)
SCHEDULE A Itemized Deductions OMB No. 1545-0074
(Form 1040) 2016
Information about Schedule A and its separate instructions is at www.irs.gov/schedulea. Attachment
Department of the Treasury
Internal Revenue Service (99) Attach to Form 1040. Sequence No. 07
Name(s) shown on Form 1040 Your social security number

VICTOR K LIU 090-54-3760

Caution: Do not include expenses reimbursed or paid by others.
Medical 1 Medical and dental expenses (see instructions) . . . . . . . . . . 1
and 2 Enter amount from Form 1040, line 38 2
Dental 3 Multiply line 2 by 10% (0.10). But if either you or your spouse was
Expenses born before January 2, 1952, multiply line 2 by 7.5% (0.075) instead 3
4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- ............... 4
Taxes You 5 State and local (check only one box):
Paid a X Income taxes, or ................. 5 36,737
b General sales taxes
6 Real estate taxes (see instructions) . . . . . . . . . . . . . . . . 6 16,410
7 Personal property taxes . . . . . . . . . . . . . . . . . . . . . 7
8 Other taxes. List type and amount
8
9 Add lines 5 through 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 53,147
Interest 10 Home mortgage interest and points reported to you on Form 1098 . 10 34,052
You Paid 11 Home mortgage interest not reported to you on Form 1098. If paid
to the person from whom you bought the home, see instructions
Note:
and show that person's name, identifying no., and address
Your mortgage
interest
deduction may
be limited (see 11
instructions).
12 Points not reported to you on Form 1098. See instructions for
special rules . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Mortgage insurance premiums (see instructions) . . . . . . . . . 13
14 Investment interest. Attach Form 4952 if required. (See instructions.) 14
15 Add lines 10 through 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 34,052
Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more,
Charity see instructions . . . . . . . . . . . . . . . . . . . . . . . . . 16
If you made a 17 Other than by cash or check. If any gift of $250 or more, see
gift and got a instructions. You must attach Form 8283 if over $500 . . . . . . 17
benefit for it, 18 Carryover from prior year . . . . . . . . . . . . . . . . . . . . . 18
see instructions.
19 Add lines 16 through 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Casualty and
Theft Losses 20 Casualty or theft loss(es). Attach Form 4684. (See instructions.) ............... 20
Job Expenses 21 Unreimbursed employee expenses - job travel, union dues, job
and Certain education, etc. Attach Form 2106 or 2106-EZ if required. (See instr.)
Miscellaneous 21
Deductions 22 Tax preparation fees . . . . . . . . . . . . . . . . . . . . . . . 22 300
23 Other expenses - investment, safe deposit box, etc. List type
and amount
23
24 Add lines 21 through 23 . . . . . . . . . . . . . . . . . . . . . 24 300
25 Enter amount from Form 1040, line 38 25 858,306
26 Multiply line 25 by 2% (0.02) . . . . . . . . . . . . . . . . . . . 26 17,166
27 Subtract line 26 from line 24. If line 26 is more than line 24, enter -0- ............. 27 0
Other 28 Other - from list in instructions. List type and amount
Miscellaneous
Deductions 28
Total 29 Is Form 1040, line 38, over $155,650?
Itemized 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. SEE WK_A
..... 29 66,119
X Yes. Your deduction may be limited. See the Itemized Deductions
Worksheet in the instructions to figure the amount to enter.
30 If you elect to itemize deductions even though they are less than your standard
deduction, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
For Paperwork Reduction Act Notice, see Form 1040 instructions. Schedule A (Form 1040) 2016
EEA
SCHEDULE D Capital Gains and Losses OMB No. 1545-0074

(Form 1040) Attach to Form 1040 or Form 1040NR. 2016

Department of the Treasury
Information about Schedule D and its separate instructions is at www.irs.gov/scheduled. Attachment
Internal Revenue Service (99) Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. Sequence No. 12
Name(s) shown on return Your social security number
VICTOR K LIU 090-54-3760
Part I Short-Term Capital Gains and Losses - Assets Held One Year or Less
See instructions for how to figure the amounts to enter on the (g) (h) Gain or (loss)
lines below. (d) (e) Adjustments Subtract column (e)
Proceeds Cost to gain or loss from from column (d) and
This form may be easier to complete if you round off cents to (sales price) (or other basis) Form(s) 8949, Part I, combine the result with
whole dollars. line 2, column (g) column (g)

1a Totals for all short-term transactions reported on Form

1099-B for which basis was reported to the IRS and for
which you have no adjustments (see instructions).
However, if you choose to report all these transactions
on Form 8949, leave this line blank and go to line 1b
1b Totals for all transactions reported on Form(s) 8949 with
Box A checked . . . . . . . . . . . . . . . . . . . 16,676 (16,676)
2 Totals for all transactions reported on Form(s) 8949 with
Box B checked . . . . . . . . . . . . . . . . . . .
3 Totals for all transactions reported on Form(s) 8949 with
Box C checked . . . . . . . . . . . . . . . . . . .

4 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 . . . . . . . . . 4
5 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from
Schedule(s) K-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover
Worksheet in the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 ( 26,493 )
7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column (h). If you have any long-
term capital gains or losses, go to Part II below. Otherwise, go to Part III on page 2 . . . . . . . . . . . . . . . . 7 (43,169)
Part II Long-Term Capital Gains and Losses - Assets Held More Than One Year
See instructions for how to figure the amounts to enter on the (g) (h) Gain or (loss)
lines below. (d) (e) Adjustments Subtract column (e)
Proceeds Cost to gain or loss from from column (d) and
This form may be easier to complete if you round off cents to (sales price) (or other basis) Form(s) 8949, Part II, combine the result with
whole dollars. line 2, column (g) column (g)

8a Totals for all long-term transactions reported on Form

1099-B for which basis was reported to the IRS and for
which you have no adjustments (see instructions).
However, if you choose to report all these transactions
on Form 8949, leave this line blank and go to line 8b
8b Totals for all transactions reported on Form(s) 8949 with
Box D checked . . . . . . . . . . . . . . . . . . .
9 Totals for all transactions reported on Form(s) 8949 with
Box E checked . . . . . . . . . . . . . . . . . . .
10 Totals for all transactions reported on Form(s) 8949 with
Box F checked . . . . . . . . . . . . . . . . . . .
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 ..... 12

13 Capital gain distributions. See the instructions ................................. 13

14 Long-term capital loss carryover. Enter the amount, if any, from line 13 of your Capital Loss Carryover
Worksheet in the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 ( )
15 Net long-term capital gain or (loss). Combine lines 8a through 14 in column (h). Then go to Part III on
page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
For Paperwork Reduction Act Notice, see your tax return instructions. Schedule D (Form 1040) 2016
EEA
Schedule D (Form 1040) 2016 VICTOR K LIU 090-54-3760 Page 2

Part III Summary

16 Combine lines 7 and 15 and enter the result ................................. 16 (43,169)

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.
If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete
line 22.
If line 16 is 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?

Yes. Go to line 18.
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 in the instructions . . . . . . . . . . . 18

19 Enter the amount, if any, from line 18 of the Unrecaptured Section 1250 Gain Worksheet in the
instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 Are lines 18 and 19 both zero or blank?

Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42). Don't complete lines
21 and 22 below.

No. Complete the Schedule D Tax Worksheet in the instructions. Don't 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 ( 1,500 )

($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?

Yes. Complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions
for Form 1040, line 44 (or in the instructions for Form 1040NR, line 42).

X No. Complete the rest of Form 1040 or Form 1040NR.

EEA Schedule D (Form 1040) 2016

Schedule E (Form 1040) 2016 Attachment Sequence No. 13 Page 2
Name(s) shown on return. Do not enter name and social security number if shown on page 1. Your social security number

VICTOR K LIU 090-54-3760

Caution. The IRS compares amounts reported on your tax return with amounts shown on Schedule(s) K-1.
Part II 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 the box in column (e) on line 28 and attach Form 6198. See instructions.
27 Are you reporting any loss not allowed in a prior year due to the at-risk, excess farm loss, or basis limitations, a prior year
unallowed loss from a passive activity (if that loss was not reported on Form 8582), or unreimbursed partnership expenses? If
you answered "Yes," see instructions before completing this section. Yes X No
(b) Enter P for (c) Check if (d) Employer (e) Check if
28 (a) Name partnership; S foreign identification any amount is
for S corporation partnership number not at risk
A HARBOR AIRPORT LLC P 94-3361258
B UPE P 94-3361258
C VICTOR LIU M D A MEDICAL CORP S 94-2540569
D S F BAY AREA STEM CELL TREATMENT C S 46-4369898
Passive Income and Loss Nonpassive Income and Loss
(f) Passive loss allowed (g) Passive income (h) Nonpassive loss (i) Section 179 expense (j) Nonpassive income
(attach Form 8582 if required) from Schedule K-1 from Schedule K-1 deduction from Form 4562 from Schedule K-1

A 364,580
B 28,164
C 6,500 345,083
D 2,890
29a Totals 709,663
b Totals 31,054 6,500
30 Add columns (g) and (j) of line 29a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 709,663
31 Add columns (f), (h), and (i) of line 29b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 ( 37,554 )
32 Total partnership and S corporation income or (loss). Combine lines 30 and 31. Enter the
result here and include in the total on line 41 below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 672,109
Part III Income or Loss From Estates and Trusts
(b) Employer
33 (a) Name
identification number

A
B
Passive Income and Loss Nonpassive Income and Loss
(c) Passive deduction or loss allowed (d) Passive income (e) Deduction or loss (f) Other income from
(attach Form 8582 if required) from Schedule K-1 from Schedule K-1 Schedule K-1

A
B
34a Totals
b Totals
35 Add columns (d) and (f) of line 34a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
36 Add columns (c) and (e) of line 34b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 ( )
37 Total estate and trust income or (loss). Combine lines 35 and 36. Enter the result here and
include in the total on line 41 below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Part IV Income or Loss From Real Estate Mortgage Investment Conduits (REMICs) - Residual Holder
(c) Excess inclusion from
(b) Employer identification (d) Taxable income (net loss) (e) Income from
38 (a) Name
number
Schedules Q, line 2c
from Schedules Q, line 1b Schedules Q, line 3b
(see instructions)

39 Combine columns (d) and (e) only. Enter the result here and include in the total on line 41 below ....... 39
Part V Summary
40 Net farm rental income or (loss) from Form 4835. Also, complete line 42 below . . . . . . . . . . . . . . 40
41 Total income or (loss). Combine lines 26, 32, 37, 39, and 40. Enter the result here and on Form 1040, line 17, or Form 1040NR, line 18 41 672,109
42 Reconciliation of farming and fishing income. Enter your gross
farming and fishing income reported on Form 4835, line 7; Schedule K-1
(Form 1065), box 14, code B; Schedule K-1 (Form 1120S), box 17, code
V; and Schedule K-1 (Form 1041), box 14, code F (see instructions) . . . . 42
43 Reconciliation for real estate professionals. If you were a real estate
professional (see instructions), enter the net income or (loss) you reported
anywhere on Form 1040 or Form 1040NR from all rental real estate activities
in which you materially participated under the passive activity loss rules . . 43
EEA Schedule E (Form 1040) 2016