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HomeMy WebLinkAbout2020BRGP_Sarna's 1120S COLUMBIA HEIGHTS, MN 55421 3939 UNIVERSITY AVE NE SARNA'S CLASSIC GRILL New Brighton, MN 551123356 JOHN LUNDGREN 27 Oakwood Drive 11/01/2007SARNA'S CLASSIC GRILL20-5819542 3939 UNIVERSITY AVE NE 01/01/2007 722511 COLUMBIA HEIGHTS MN 55421 552,771. 2 2,958,098. 46,745. 2,911,353. 1,038,434. 1,872,919. 2,550. 1,875,469. 41,100. 796,618. 92,413. 215,113. 70,337. 7,993. 2,059. See Statement 387,279. 1,612,912. 262,557. OFFICER JOHN LUNDGRENJOHN LUNDGREN03/11/2020P00410030 JOHN LUNDGREN (651)631-1149 27 Oakwood Drive New Brighton MN 551123356 BAA REV 03/04/20 PRO RESTAURANTFOOD REV 03/04/20 PRO 262,557. FORM 8846 CREDIT FOR EMPL SOC SEC/MEDICARE TAXES 31,674. REV 03/04/20 PRO 31,674. 230,883. 0. ** SEC 199A INFO: SEE STMT A 262,557. 86,101.46,018. 39,344.39,187. 510,249.420,566. 46,253.26,184. 46,253.0.26,184.0. Ln 14 St 12,500.47,000. 648,194.552,771. 66,308.51,202. 131,231.67,564. Ln 21 St 450,655.434,005. 0.0. 648,194.552,771. REV 03/04/20 PRO 230,883. 31,674. PAYROLL TAXES FOR EMPLOYER TAX ON TIPS CREDIT31,674. 262,557.262,557. 0. 0.0.0. 262,557. PAYROLL TAXES FOR EMPLOYER TAX ON TIPS CREDIT 31,674. 230,883.0.0.0. 230,883.0.0.0. 0. 0.0.0. REV 03/04/20 PRO SARNA'S CLASSIC GRILL20-5819542 39,344 1,038,277 1,077,621 39,187 1,038,434 BAA REV 03/04/20 PRO 131,278.N15,837. 20-5819542 SARNA'S CLASSIC GRILL 3939 UNIVERSITY AVE NE COLUMBIA HEIGHTS MN 55421 Ogden, UT 84201-0013 470-98-4756 JAMES A. SARNA 11031 AMEN CIRCLE BLAINE MN 55449 50.00000 C15,837. D115,441. V*STMT REV 03/04/20 PRO BAA Page 1 SARNA'S CLASSIC GRILL20-5819542 Corporation's name:Corporation's EIN: JAMES A. SARNA470-98-4756 Shareholder's identifying no: Shareholder's name: 1120S, Line 21 Shareholder's share of: QBI or qualified PTP items subjuect to shareholder-specific determinations: 131,278. 418,859. 13,092. Corporation's name:Corporation's EIN: Shareholder's name:Shareholder's identifying no: Shareholder's share of: QBI or qualified PTP items subjuect to shareholder-specific determinations: REV 03/04/20 PRO 131,279.N15,837. 20-5819542 SARNA'S CLASSIC GRILL 3939 UNIVERSITY AVE NE COLUMBIA HEIGHTS MN 55421 Ogden, UT 84201-0013 470-98-4733 DAVID M. SARNA 11437 KENYON COURT NE BLAINE MN 55449 50.00000 C15,837. D115,442. V*STMT REV 03/04/20 PRO BAA Page 1 SARNA'S CLASSIC GRILL20-5819542 Corporation's name:Corporation's EIN: DAVID M. SARNA470-98-4733 Shareholder's identifying no: Shareholder's name: 1120S, Line 21 Shareholder's share of: QBI or qualified PTP items subjuect to shareholder-specific determinations: 131,279. 418,859. 13,092. Corporation's name:Corporation's EIN: Shareholder's name:Shareholder's identifying no: Shareholder's share of: QBI or qualified PTP items subjuect to shareholder-specific determinations: REV 03/04/20 PRO SARNA'S CLASSIC GRILL20-5819542 JAMES A. SARNA470-98-4756505015,000. DAVID M. SARNA470-98-4733755026,100. 41,100. 41,100. BAA REV 03/04/20 PRO SARNA'S CLASSIC GRILL205819542 414,034. 0. 414,034. 31,674. 31,674. BAA REV 03/04/20 PRO SARNA'S CLASSIC GRILL20-5819542 2,911,353. 1,872,919. 262,557. 262,557. 62863 JOHN LUNDGREN OFFICER 41352962863 03/11/2020 BAA REV 03/04/20 PRO 199A Statement A Summary2019 Form 1120S QuickZoom to Other Copy Page 1 Corporation’s Name:Corporation’s EIN: SARNA'S CLASSIC GRILL20-5819542 1120S, Line 21 PTPPTPPTP AggregatedAggregatedAggregated SSTBSSTBSSTB Shareholder’s share of: QBI or qualified PTP items subject to shareholder-specific determinations: Ordinary business inc (loss) 262,557. Rental income (loss) Royalty income (loss) Section 1231 gain (loss) Other income (loss) Section 179 deduction Charitable contributions Other deductions W-2 wages 837,718. UBIA of qualified property 26,184. Section 199A dividends Corporation’s Name:Corporation’s EIN: PTPPTPPTP AggregatedAggregatedAggregated SSTBSSTBSSTB Shareholder’s share of: QBI or qualified PTP items subject to shareholder-specific determinations: Ordinary business inc (loss) Rental income (loss) Royalty income (loss) Section 1231 gain (loss) Other income (loss) Section 179 deduction Charitable contributions Other deductions W-2 wages UBIA of qualified property Section 199A dividends spsw9907.SCR 12/14/19 Other Assets2019 Form 1120S Schedule L NameEmployer ID Number SARNA'S CLASSIC GRILL20-5819542 Beginning ofEnd of Other Current Assets: tax yeartax year Total to Form 1120S, Schedule L, line 6 Beginning ofEnd of Other Investments: tax yeartax year Total to Form 1120S, Schedule L, line 9 Beginning ofEnd of Other Assets: tax yeartax year DUE FROM SARNA SHOPPE (RELATED PARTY)11,500.11,500. DUE FROM SMARTSTOP (RELATED PARTY)1,000.35,500. Total to Form 1120S, Schedule L, line 14 12,500.47,000. Other Liabilities2019 Form 1120S Schedule Land Adjustments to Shareholders’ Equity NameEmployer ID Number SARNA'S CLASSIC GRILL20-5819542 Beginning ofEnd of Other Current Liabilities: tax yeartax year Total to Form 1120S, Schedule L, line 18 Beginning ofEnd of Other Liabilities: tax yeartax year OWED TO SARNA INC (RELATED PARTY)450,655.401,005. OWED TO STOP-N-SAVE (RELATED PARTY)33,000. Total to Form 1120S, Schedule L, line 21 450,655.434,005. Beginning ofEnd of Adjustments to Shareholders’ Equity: tax yeartax year Total to Form 1120S, Schedule L, line 25 Additional Information2019 NameIdentification Number SARNA'S CLASSIC GRILL20-5819542 NOTES REGARDING FORM 8846 *The matching employer's fica paid on imputed tips becomes a flow-through credit to the shareholders. The imputed tip income is found on form W3 supplied by payroll service. Enter this amount on line 1 of form 8846. The amount of credit reduces the payroll taxes expense claimed on page 1 and becomes a reconciling item in schedule M1. Line 2 of form 8846 applies only if wages are paid less than the federal minimum rate. fdiv0101.SCR 04/23/19 Additional Information2019 NameIdentification Number SARNA'S CLASSIC GRILL20-5819542 CHECK LIST * Include W3 with tax return (for tips credit) fdiv0101.SCR 04/23/19 199A Worksheet by Activity2019 Keep for your records Corporation’s nameCorporation’s EIN SARNA'S CLASSIC GRILL20-5819542 Trade or Business: 1120S, Line 21 Aggregation Code:EIN: 20-5819542 NOT Check if activity is a qualified trade/business Specified Service Trade or Business? YesNo X QBI or qualified PTP items subject to shareholder-specific determinations: 1a1a Ordinary business income (loss) 262,557. bb Adjustments c1c Adjusted ordinary business income (loss) 262,557. 2a2a Rental income (loss) bb Adjustments c2c Adjusted rental income (loss) 3a3a Royalty income (loss) bb Adjustments c3c Adjusted royalty income (loss) 4a4a Section 1231 gain (loss) bb Adjustments c4c Adjusted section 1231 gain (loss) 55 Other income (loss) 6a6a Section 179 deduction bb Adjustments c6c Adjusted section 179 deduction 77 Charitable contributions 88 Other deductions 9a9a W-2 wages 837,718. bb Adjustments c9c Adjusted W-2 Wages 837,718. 10a10a UBIA of qualified property bb Adjustments 26,184. c10c Adjusted UBIA of qualified property 26,184. spsw9906.SCR 02/13/20 SARNA'S CLASSIC GRILL20-58195421 Additional information from your 2019 US Form 1120S: Income Tax Return for S Corp Form 1120S: S-Corporation Tax Return Other IncomeContinuation Statement DescriptionAmount MISCELLANEOUS INCOME2,550. Total 2,550. Form 1120S: S-Corporation Tax Return Other DeductionsContinuation Statement DescriptionAmount TEMP HELP/CTRA LABOR1,912. SUPPLIES106,065. AUTO MILEAGE REIMBURSEMENT5,800. MINNEGASCO24,271. XCEL46,763. TELEPHONE/INTERNET/DIRECT TV12,688. WATER & SEWER13,677. RUBBISH REMOVAL10,666. ACCOUNTING & PROF FEES18,905. LIQUOR MONITORING1,100. LIC,PERMITS,SPECIAL FEES9,211. INSURANCE35,974. EMPLOYEE BENEFITS5,500. UNIFORMS & LAUNDRY24,784. BANK FEES1,010. CREDIT CARD FEES68,953. Total 387,279. 010112312019 SARNA'S CLASSIC GRILLSARNA'S CLASSIC GRILL2058195428603522 3939 UNIVERSITY AVE NE COLUMBIA HEIGHTSMN554212. 610 610 610 610 600 600 10 REV 01/21/20 PRO 1032 SARNA'S CLASSIC GRILL2058195428603522 10 X X JAMES SARNA7637883939 JOHN LUNDGREN031120206516311149P00410030 REV 01/21/20 PRO 1032 39266 36219 0 75485 1720904 1796389 837718 29113532911353 1.00000 5545460 5545460 610 1032 REV 11/13/17 PRO