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EFTA01280150.pdf

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AI Summary

This document contains 2012 tax forms (K-1 schedules) for Level Management, LLC showing partnership distributions to Blue Chip Capital, LLC. The forms detail a 25% ownership stake with minimal financial activity, showing a small loss of $72. [Rating: 4/10 - Standard tax documents showing routine partnership financial information with minimal activity and no notable figures mentioned]

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financial_transactions

Extracted Entities

Name Type Context
Cornelius, NC location Address of Level Management, LLC
Thomasville, NC location Address of Blue Chip Capital, LLC
Blue Chip Capital, LLC organization Partner receiving 25% share of partnership income/loss
Level Management, LLC organization Partnership entity filing K-1 tax forms

Full Text

N Final K-1 0 Amended K-i
2012 ak.r CND •.o. 1545-CC99
Schedule ft-1 139 Partner's Share of Current Year Income,
(Form 1065) For (Swat yew 2(112, a Ilu Deductions, Credits, and Other Items
DIc onvert of IN Tremary ON 0WIW0 , 20I3 1 : Ordinary business income (loss) 16 Credits
Worn, Fiww Sena
OM tv2 —72
2 INK rectal red estate lame0ns)
Partner's Share of Income, Deductions,
Credits, etc. • see separate instructions.
3 Other net rental tricorns (loss) 16 Foreign transactions
WMP- t" Information About the Partnership
4 i Guaranteed payments
A Partnership's employer identification number
26-3172589 5 Interest Income
B Partnership% name, address, city, state, and ZIP code
Level Management, LLC Gal Ordinary hi/stands
19401 Old Jetton Road
Cornelius, NC 28031 60 Qualified &viten&
C IRS Center vinery partnership filed return 7 Royalties
Cincinnati, OH
8 . sheritawt head gel (loss)
D EiCheck if this is a publicly traded partnership (PT')
9s, Net long-term capital gain (loss) 17 Alemelivemnimun to(NAT) lens
iNkftli,11,, Information About the Partner
E Partner's identifying number 9b Co' cobbles (28%) gain (loss)
20-3161309
F Partner's name, address, city, state, and ZIP code 9c Untecapturod section 1250 gain
Blue Chip Capital, LLC
27 High Tech Blvd. 10 Net section 1231 gain (loss) 18 Tax-exemot income and
Thomasville, NC 27360 nondeductible expenses
11 Other income (loss)
G .0 General partner Of LLC 1. Limited partner or other
CU rnemberimanager iell LLC member
3
H Domestic partner Foreign oartner
II
It Vat Isle M entry is his patted (see nsli)En tattik- obi t,
12 .1 this panrer is a retirement plar (IRA/SEP/Keogh/etc), ,---, 19 Distributions
check here (see instructions) U 12 Section 179 deduction
J Partner's share of profit. loss, and capital (see instructions):
Beginning Ending 13 Other deductions
20 Other information
Profit 25 00000 % 25 00000 % 1
Loss 25 00000 % 25.00000 %
Capital 25. 00000 % 25.00000 4
X Partner's share of liabilities at year end:
Noreecouto
$— ------ 41 Self•employment earnings (loss)
Gushier; nonrecowse finanhng... $
Recourse $ - -72 ' - -
L Partner's capital account analysis:
Begriming capitai account $ 947 'See attached statement for addit onal information.
Capital contributed during the year . $
i
Current year increase (decrease).. .... $ -72. R0
Withdrawals and distributions $ r
Ending capital account $ 875 :
N
Tax basis OGAAP OSection 704(b) book u
Other (explain) E
M Oid the partner contribute property with a built-in gain or loss? o
li ves EN0
r
It 'Ws. Mr USW Tam (w nentau)
BAA For Paperwork Reduction Act Notice, see Instructions for Form 1065. Schedule K-1 (Form 106$) 2012
PTPA0312 01/02(13
CONFIDENTIAL
SDNY_GM_00032832
EFTA 00143445
EFTA01280150

Schedule WI (Form 1065)2012 Blue Chip Capita:, LLC 26-3172589 Page 2
This list Identifies the codes used on Scher:Sale for all partners and provides summarized reporting information for ambers who file Form 1040. Fr denied reoorticg
and filing intimation, see the separate Partners Instructions for Schedule Kl and the instructions for your Income tax return.
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6 6 a b g O u rd r i g n l a e r d y " d b ivi e de n n d d s s E F C a M n I ' C 0 A 4 C 0. . I c n , a a g 9a e F C o r O e r i e g s n t g a r m os e s t i w n o co % m a e : c s a o n u ne r r c t e e d re , et partners/lip level
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9 b ColleedWn (2811) tarn (bee) 4 28 ( % S R e o e be d G " D tr f r ~ o W nt e *" t TIM Deductions allocated and appereoned arpertner level
C thwerefieurerd auction 1250 gain See de Panpipe!. Interwar* G htesesl °keen* form 1116, Par!.
10 11•I salon 1231 gain doss) Sea the Partners ~AC" H Clef ram 1116. Pan i
11 Oh«I ncome Bus« Deductions allocated and apportioned at partnership level to
Code foreign source diCOM0
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13 Other deduction& P EØ91/1”/III eacii."Ke Fate 8873
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0 Deperient care :en,* Fan 2441. Lee '.2 C Other pfeeerly rnseblines
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~eV 01872.fi, 3 SØØ e Kl(Form 1065) 2012
CONFIDENTIAL
SONY_Gfut 00032833
EFTA_00 I43446
EFTA01280151

NC K-1 (50) 2012 Partner's Share of
N.C. Income, Adjustments, and Credits
(D-403)
10.11.12 North Carolina Department of Revenue
For calendar yea 2012 or fiscal year beginning and end n7
Partner's Identifying Number Federal Employer ID Number
203161309 263172589
Partner's Name, Address, and ZIp Code Partnership's Name, Address, and Zip Code
BLUE CHIP CAPITAL LLC LEVEL MANAGEMENT LLC
27 HIGH TECH BLVD. 19401 OLD JETTON ROAD
THOMASVILLE NC 27360 CORNELIUS NC 28031
Individuals Filing Form
Partnership's Pro Rata Share Items Amount D-400 Enter Amount on:
All Partners
1 Share of oadrership income (loss) —72
2 Additions to income (loss)
a Addition for bonus depreciation Page 2, lire 35
b Oft &Mots to tome (oss) SEE SUPP INFO 51 Page Z Line 36
3 Deductions from Marne (oss)
a Deduction for bonus depreciation 0 Page 2, Line 44e
b Oiler deluders from iocone 0050 Page 2, Lire 49
4 Share of tax credits 0 Form D-400TC
5 Share of tax wittheid from nonwage compensation
paid for cyclonal services performed in N.C. 0 Page 2, Line 23
Nonresidents Only
6 Nonresident's share of N.C. taxable income (loss) 0 Page 2, Line 51
7 Nonresident's share of net tax paid by the manager
of the partnership 0 Page 2, line 24c
SEE SUPPLEMENTAL INFORMA—ION
nccaeder 01/10/I3
CONFIDENTIAL
SDNY_GM_00032834
EFTA 00143447
EFTA01280152

Level Management. LLC 26-3172589
=ORM Dd403, SCI-EDWE NC K•1(BLLE CHIP CAPITAL LLC)
SUPPLEMENTAL INFORMATION
LINE 2 - OTHER ADDITIONS TO FEDERAL INCOME:
STATE TAXES DEDUCTED ON CS RETURN 51
TOTAL 51
CONFIDENTIAL
SONY_GM_00032835
EFTA_00143448
EFTA01280153