Partner's Share of Income, Deductions, Credits, etc.

Department of the Treasury — Internal Revenue Service

2025

Original K-1 · Not Amended · Not Final

Part I — About the Partnership

EIN (A): 88-04•••••
Name (B): Kestrel Lane LLC
Address: [REDACTED — SPECIMEN], Wilmington, DE
IRS Center (C): e-file
PTP (D): No — real estate holding company (Delaware LLC)

Part II — About the Partner

Identifying No. (E): 45-61•••••
Name (F): Ellencourt 2012 Descendants Trust
Address: [REDACTED — SPECIMEN]
Partner class (G): Limited partner / member
Status (H1): Domestic partner
Entity type (I1): Trust (irrevocable GST dynasty trust)
Profit / Loss / Capital (J): 6.5000% · 6.5000% · 6.5000% (ending)
Capital account (L): Beginning $27,300,000 · Net income $2,376,000 · Distributions ($1,150,000) · Ending $28,526,000 (tax basis)

Part III — Current Year Income & Other Items

1	Ordinary business income (loss)	2,310,000
2	Net rental real estate income (loss)	418,000
5	Interest income	44,000
6a	Ordinary dividends	0
6b	Qualified dividends	0
9a	Net long-term capital gain (loss)	602,000
10	Net section 1231 gain (loss)	155,000
19	Distributions (code A)	1,150,000
20	Other information — code A (investment income)	44,000
20	Other information — code Z (section 199A)	STMT

Supplemental — State Information

Kestrel Lane LLC holds real property in two states. The partner's distributive share of income is sourced between Connecticut (CT) and Montana (MT) — approximately CT 62% / MT 38% of Box 1 ordinary business income ($2,310,000). Net rental real estate income (Box 2) is likewise apportioned by property situs. Nonresident-withholding and composite-return elections are administered at the entity level; see the accompanying state schedules for modifications. Distribution wire / routing / account details: [REDACTED — SPECIMEN].

Fictitious Document — Forge Demo Only · Specimen, not a filing · EIN digits masked · no real entity or security