Download the partnership tax return project instructions (Links to an external site.) and complete the IRS Form 1065 and two accompanying Schedule K-1s (one for each partner) for the fictitious Jamco Turf company. As part of this tax return, you will also need to prepare Schedule D, IRS Form 1125-A, and IRS Form 4797. Line items that indicate “attach statement” or reflect totals not directly computed on the same form must be accompanied by an attached statement. For example, for Form 1065, line 20 – Other deductions, attach to your deliverable package a Word or PDF “Statement” document displaying the items and computations that result in the figure entered on line 20.Provide calculations for each partner's inside and outside basis in Jamco at the beginning and end of the company's first year of business. Display the calculations for Jamco's basis in the new assets held at the beginning of the year and also show Jamco’s revised basis at the end of the year of operation. Depreciation will be a value provided in the given data.Here are some check figures to assist as your group works on the partnership tax return.Form 1065, line 14: $133,300Form 1065, line 20: $229,256Form 1065, Schedule K, line 13d: $9,000 (should include an attached statement to show computation)Form 1065, Schedule K, line 14a: Hint: Use worksheet in Form 1065 Instructions to computeForm 1065, Schedule K, line 18c: $296,000 (should include an attached statement to show computation)Form 1065, Schedule L, line 9b: $75,400 in column (c) and $165,400 in column (d)

Many students take online courses because they are more convenient for their schedules. What are some of the tradeoffs for taking an online course in a subject such as math? What tools are you using to overcome these challenges?

This assignment is a discussion post:With Driver at the wheel, Driver and Passenger motored into town. Passenger fell asleep during the trip. Driver parked 5 feet from a fire hydrant, next to a bank, in violation of a municipal statute which bans parking within 10 feet of a fire hydrant. Driver went into the bank to make a deposit. Passenger remained asleep. Trucker, who was driving down the street where the bank is located, suddenly swerved the truck to avoid hitting a dog which darted into the street and in front of Trucker's truck. Trucker's truck smashed into Driver's car resulting in a serious injury to Passenger. Had Driver parked anywhere else, Trucker's truck would not have smashed into Driver's car and injured Passenger. Passenger sued Driver in Negligence. Discuss whether Passenger will recover in Negligence Per Se as against Driver. Passenger sued Trucker in Negligence. Discuss whether Passenger will recover as against Trucker in Traditional Negligence.Use all legal rules and concepts to support your analysis. Comment on the postings of your classmates.