Read the return (form 1065 this should be under the Oregon Tax Jurisdiction for the year 2021) including the individual K-1's, and both individuals' 2021 1040 & 1040 Schedule 1 b hand. For fill in the blank questions, enter whole numbers only, with no commas, periods, or symbols the questions that must be answered are shown below: Scenario

Craft Beer Brewing Partnership
Revenues	740,000
Office Rent	45,000
COGS	249,000
Salaries	280,000
ST Gain on Sale of Stock	120,000
LT Loss on Sale of Stock	550,000
Contributions to Charities	68,000

Friends Dan and Lisa are each partners in the beer brewing partnership above.

-Dan owns 3%

-Lisa owns 6% Additional Information about Dan (not including partnership info) -Married, 1 child

-Wages from job = $25,000

-Wages from wife's job = $40,000 Additional Information about Lisa (not including partnership info)

-Single, no children

-Wages from job = 142,000 -Sold stock held LT at a gain of 30,000 -Paid state taxes of 11,000 -Paid qualified mortgage interest of 10,000 Questions on the 1065, page 1 Line 1a: Line 3: Line 8: Line 21: Line 22: 1065, page 4 (Schedule K) Line 1: Line 8: Line 13a: Line 13b: Line 16: Line 18a: Line 20b: Dan's Schedule K-1 Line 1: Line 8: Line 18a: Lisa's K-1 Line 1: Line 13a: Line 14: Line 20:Dan's 1040 Line 1: Line 2b: Line 9: Line 11: Line 12a: Line 13: Line 14: Schedule 1, Line 5: Lisa's 1040 Line 9: Line 11: Line 12a: Line 13: Line 15: Schedule 1, Line 5: Other Questions 1. By how much does Dan's AGI increase because of the partnership activities? 2. By how much does Lisa's taxable income decrease because of the partnership activities?