Sent from my iPhon= e

On Jan 13, 2024, at 9:= 25=E2=80=AFPM, Thieme, Daniel <DThieme@littler.com> wrote:

=EF=BB=BF =

I think the Roger Living Trust income tax return for 2= 023 will need to include the following items, once we receive the 1099s and K= -1s:

Evergreen K-1. Ordin= ary income of 7.058824% x $48,782 =3D $3,443.

R&G K-1. Ordinar= y income of 23% x about $51,000 =3D about $11,730.

R&G K-1. Income o= f 23% of the gain on the Othello and Coulee City building sales.<= /p>
Cody told us she expected= Dad would not have much gain to report due to his at-death basis step up.

BUT since we took a 28% v= aluation discount on the estate tax return, I think there will be about $520= ,000 of gain (28% x $7,979,291 gross valuation), mostly capital gain.

RDO 1099. January an= d February promissory note payments. Interest income of about $33,000.=

Fidelity 443 1099. D= ividend income of $127,727.71. No capital gains.

Fidelity 634 1099. D= ividend income of $72,469.83, plus interest income (bond maturity) of $308,4= 99.92. No capital gains.

Edward Jones 3210 1099.&nb= sp; Interest income of $1,105.63.

Edward Jones 6614 1099:

Short term gain on maturi= ty of bond of $57,371.77

Short term gain on sale o= f Apple stock of $527.73.

Dividend income of $9,800= .22.

Interest income of $1,248= .06.

Chase 1099. Interest incom= e of $109. No capital gains.

IRS 1099 (attached). = Interest income of $29.03.

Centennial Escrow 1099 (at= tached). San Diego house sale.

Centennial Escrow Closing S= tatement (attached). San Diego house sale.

Glen Oaks Escrow Closing S= tatement (attached). San Diego house purchase.

I expect almost all of these dividends will be non-qu= alified, i.e., subject to ordinary income tax rates.

There should be nothing from Interactive Brokers for 2= 023.

Given the large distributions our individual trusts r= eceived from the Roger Living Trust in March 2023, my understanding is that a= ll of the Roger Living Trust 2023 income will be split 50/50 and reported on= K-1s to our individual trusts. I am considering distributing the ordinary income portion of that K-1 incom= e out of my trust to me personally, so that I pay income tax on that ordinar= y income at a lower rate than my trust would. I will take care not to d= istribute more than the ordinary income. I don=E2=80=99t want to inadvertently distribute capital gain= s income that would be subject to the Washington State capital gains tax.&nb= sp; We have 65 days (until March 5) to elect to make such a distribution and= have it applied to 2023.

Love you!

Dan

From: Kelly Andrews <kelly.andrews@tessol-inc.com>
Sent: Friday, January 12, 2024 3:35 PM
To: Thieme, Daniel <DThieme= @littler.com>
Subject: RE: Evergreen Implement, Inc. 2023 Income Tax Return

Hi Dan,

I already sent these on to Cody and she has d= ownloaded them through their leapfile system.

Also, I have everything ready to go as soon f= or the trust as soon as we have the info from Fidelity and Edward Jones. Is t= here also something coming from Interactive Brokers?

And I guess there will be a 1099 from RDO as= well.

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=20
<22.02.11 Closing Statement.pdf>
<2023 1099-S House S= ale.pdf>
<2023 Form 1099 IRS.pdf>
<23 03 29 = Final Closing Statement.pdf>