2007 & 2008 SIGNED Tax Returns have been added and have also been enclosed with the hard copy documents being sent via U.S. Mail

Request for Modification of Loan No. 40212367 Page 1 of 12

Veronica Ann Williams

P.O. Box 978 South Orange, New Jersey 07079-0978 September 28, 2009

Loss Mitigation Department Litton Loan Servicing L.P.

4828 Loop Central Drive Houston, TX 77081-2212

Subject: Modification of Account No. 40212367 Sent via Facsimile to 713-793-4464 - 53 total pages Dear Sir/Madam:

This is to re-confirm that I accept the Loan Workout Plan proposed by Litton Loan Servicing LP. In response to my conversations with Litton representatives on July 31, 2009, I have attached the following documents:

• Loan Workout Plan (3 pages)

• Hardship Affidavit (2 pages)

• Copy of Request for Transcript of Tax Return (Attachment II)

• Copy of Request for Modification submitted

February 25, 2009

• Copy of Application for Modification of Mortgage submitted March 29, 2009

• Copy of 2007 & 2008 IRS Returns (4 pages and 19 pages, respectively)

The major changes since March are that I had surgery in May and have landed new sources of income.

Despite challenges beyond my control, I have recovered from surgery. After a concerted effort to solidify my income, I have three new sources of income:

• Offer from Major Federal Agency contingent upon completion of security clearance

• Contract Program Manager for Semper-Alexander, Inc.

• FINRA Arbitrator (listed in New York, NY and Newark, NJ)

• ACT Inc. contractor

Collectively, the income from these sources will allow me to meet my mortgage payments while also providing me sufficient time (about 15 business days a month) to earn additional income. My revised budget is outlined in Attachment I – Creditor Repayment Schedule/Budget.

Please note that I am the leading candidate for two private industry positions and in the hiring process for a contractor position with a Federal agency.

I will be able to repay the mortgage and recover financially under the proposed Workout Plan. I do meet the requirements for the Federal Modification Program, however, and would still prefer that option if it is available.

That is, the mortgage interest rate of 2%, in a fixed, 30-year note.

I thank you for your assistance in my financial recovery.

Yours truly,

Veronica Williams

2007 & 2008 SIGNED Tax Returns have been added and have also been enclosed with the hard copy documents being sent via U.S. Mail

XXXXXXXXXXXXXXX

XXXXXXXXXXXXXX

Attachment I – CREDITOR REPAYMENT SCHEDULE/BUDGET

SOURCES OF REVENUE/EARNINGS

Average Monthly Amount

INCOME

Figures In Dollars

Job Income $2,833.33

Rental Income 2,900.00

ACT Inc. Revenue 1,644.00

TOTAL INCOME $7,377.33

COMMITTED EXPENSES 0.00

Mortgage 2,582.00

Utilities 948.00

Household 320.00

Personal (includes medical) 890.00 Credit Cards & Other Debt 2,100.00 Other (includes ACT Inc. commitment) 125.00

TOTAL EXPENSES $6,965.00

Income less Expenses

$412.33

Credit cards and other short-term debt will be paid off in less than 24 months.

SOURCES OF REVENUE/EARNINGS

Average Monthly Amount

INCOME

Figures In Dollars

Job Income

$1,600.00

Rental Income

2,715.00

ACT Inc. Revenue

3,253.00

TOTAL INCOME

_$7,568.00

COMMITTED EXPENSES

Mortgage

2,344.31

Utilities

948.00

Household

320.00

Personal (includes medical)

890.00

Credit Cards & Other Debt

2,100.00

Other (includes ACT Inc. commitment)

125.00

TOTAL EXPENSES

_$6,727.31

Income less Expenses

^$840.69

Credit cards and other short-term debt will be paid off in less than 24 months.

Request for Modification of Loan No. 40212367 Page 3 of 12

Attachment II – IRS FORM 4509-T

March 29, 2009

Litton Loan Servicing L.P. 4828 Loop Central Drive, Houston, TX 77081

12 31 2007 12 31 2006 12 31 2005

Request for Modification of Loan No. 40212367 Page 9 of 12

Request for Modification of Loan No. 40212367 Page 12 of 12

P.O. Box 978 South Orange, New Jersey 07079-0978

February 25, 2009

Litton Modification Department/Loss Mitigation c/o Mr. Julius Connor

Customer Care Supervisor Litton Loan Servicing L.P.

4828 Loop Central Drive Houston, TX 77081

Subject: Modification of Loan No 40212367 Sent via facsimile to 972-653-6340

Dear Sir/Madam:

I was surprised, and pleased, to learnt hat Litton is now offering loan modifications.

UNFORESEEN CHALLENGES LEAD TO UNPAID BILLS

A series of health, business and family challenges over the past 4 years have resulted in a loss of income, drain of savings and increased debt. These challenges include, but are not limited to:

• 5 surgeries

• extended radiation treatments

• extended physical therapy after auto accident

• lengthy illness and death of my father

• loss of business revenue and income

Much of the debt incurred since 2004 was unanticipated and unavoidable. For example, I was forced to charge several thousand dollars on credit cards one hour before surgery in August 2006.

RECOVERY PLAN

My efforts to recover from my losses and also generate income have been daunting, to be sure. I have worked short-term contracts, a tenuous job, various assignments and even temporary work. These efforts coupled with government subsidies have helped me survive. Many creditors have assisted by restructuring my debt.

After more than 3 years of efforts I have now reached a position whereby I could develop an achievable plan that should help me recover financially. Part of the first phase was completed last month with the modification of my second mortgage. If Litton is willing to meet the terms and conditions provided by the second mortgage company, I can complete the first phase of my plan.

Litton Loan Modification Proposal Page 1 of 2

Veronica Ann Williams

P.O. Box 978 South Orange, New Jersey 07079-0978

MATCHING EXISTING MOFICIATION FROM OTHER MORTAGOR

I am delighted that Litton is willing to match the mortgage refinance offer that I received from another mortgagor. A comparable offer from Litton will include:

• 30 year, fixed rate of 3%

• 17 payments in non-interest accruing account to be paid off when property is sold

• no points

The revised monthly payment is included in the monthly budget that supports my initial payoff plan. My budget is highlighted below:

RECOVERY PLAN – Prime Mortgage

SOURCES OF REVENUE/EARNINGS

Average Monthly Amount –dollars-

Job Income $ 2,833.33

Rental Income + Loan 2,900.00

ACT Inc. Revenue 0.00

TOTAL INCOME

$ 5,733.33

COMMITTED EXPENSES

Mortgage & Rent 2,582.00

Utilities 948.00

Household 280.00

Personal (includes medical) 890.00

Credit Cards & Other Debt 710.00

Other (includes ACT Inc. commitment) 125.00

TOTAL EXPENSES

$ 5,535.00

Disposable Income

(Revenue less Expenses)

$ 198.33

Would you kindly contact me via email at [email protected] to confirm your offer and send the mortgage revision to the address above? If you have any immediate questions I can also be reached at 973-715-8580.

Yours truly,

Veronica Williams

Litton Loan Modification Proposal Page 2 of 2

XXXXXXXXXXXXXX

XXXXXXXXXXXXXX

XXXXXXXXXXXXX

Application for Modification of Mortgage Held by Litton Loan Servicing, L.P.

Loan No. 40212367

For my home at 541 Scotland Road South Orange, NJ 07079

TABLE OF CONTENTS

SECTION DOCUMENTS Page #

Letter of Qualification 2

Attachment I – What Happened 3

Attachment II – Summary of Outstanding Credit 4 Attachment III – Creditor Repayment Schedule/Budget 5 Introduction

Attachment IV – Initial Request Letter 6 – 7

Pay Stub 8

Rental Income Receipt

(PNC Bank Statement)

8 Proof of

Income

Rental Income Check

(Tenant check)

8

2008 Income Tax Return 9

Litton Statement 10

Chase Statement 11

Fannie Mae Form 1021 12 – 14

Statements and Forms

IRS Form 4509-t 15

March 29, 2009

Request for Modification of Loan No. 40212367 Page 2 of 15

Veronica Ann Williams

P.O. Box 978 South Orange, New Jersey 07079-0978 March 28, 2009

Ms. Brenda Moreno Modification Department Litton Loan Servicing L.P.

4828 Loop Central Drive Houston, TX 77081

Subject: Modification of Account No. 40212367 Sent via Facsimile to 713-793-4464 - 15 total pages Dear Sir/Madam:

The purpose of this letter is to provide an update on my efforts to pay off my debt. My credit dropped precipitously over the past few years due to personal illness, the illness and death of my father, customer defaults and slowing revenue from my business. As a result, my savings were exhausted and my income disappeared. A summary of these unforeseen and financially devastating events is attached (Attachment I – What Happened).

UNEXPECTED CHALLENGES LEAD TO UNPAID BILLS

A series of health, business and family challenges over the past 4 years (since Dec. 2004) have resulted in a loss of income, drain of savings and increased debt. These challenges include, but are not limited to:

• 5 surgeries

• extended radiation treatments

• extended physical therapy after auto accident

• lengthy illness and death of my father

• loss of business revenue and income

Much of the debt incurred since 2004 was unanticipated and unavoidable. For example, I was forced to charge several thousand dollars on credit cards one hour before surgery in August 2006. I incurred over $225,000 due to illness, death and loss of income.

RECOVERY PLAN

My efforts to recover from my losses and also generate income have been daunting, to be sure. I have worked short-term contracts, a tenuous job, various assignments and even temporary work. These efforts coupled with government subsidies have helped me survive. Some creditors have already assisted by restructuring my debt (Attachment II – Summary of Outstanding Credit).

After more than 3 years of searching, last year I landed four positions, however, changes and lost contracts forced my employers to lay me off. I have been searching for employment and contracts since last summer and am hopeful that I will be hired soon. To help me recover financially, I have used my tax return to pay some debts and am preparing a repayment plan for remaining creditors for which I anticipate securing agreement after this mortgage modification has been approved. If my Litton loan is restructured in a similar manner that Chase restructured the second mortgage on my home (see letter dated Feb. 25, 2009), I will be able to repay the mortgage and recover financially. That is, the mortgage interest rate is lowered to 2%, fixed, 30-year and 9 months of payments are put into a non-interest accruing account, payable when the house is sold. My monthly budget under this scenario is outlined in Attachment III – Creditor Repayment

Schedule/Budget. Forms 1021 and 4509 are also attached.

I will contact you as soon as possible to determine how to proceed with this mortgage modification.

I thank you in advance for your cooperation.

Yours truly,

Veronica Williams

Attachment I – WHAT HAPPENED

What Happened Date Impact

Industry & Economic Downturn 1999 COMDEX defaulted on $80K payment

Revenues slowed & disappeared

Began Government certification &

contract process Aug. 2001

GSA MOBIS Contract awarded 12/1/2003 Renewal date 11/30/2008 SBA 8(a) certification awarded 2/17/04 Expires 2/17/13

GSA IT Contract awarded 2004 or 2005 Renewal date

Submitted proposals to DC 2005 $1.3M pending, others Loss Review 3/7/07 Sales Campaign to DHS, DOT & DoD 2005 $8M in leads, waiting on continuing

resolution NJ set-aside awarded March 2003 $750K contract

NJ set-aside began work May 2003

YWCA project began Aug. 2004 $160K contract

Submitted HUD proposal deal, $20K cost Sept. 2004 Contract went to competitor

Elected to IRA Dec. 2004

Major Surgery Dec. 2004 8 week recovery, 8 weeks radiation

Father had major seizure Jan. 2004

Radiation treatments ended May 2005

Put NJ property on the market June 2005 Performed renovations sale YWCA project completed June 2005 Defaulted on $40K+ payment NJ set-aside cancelled Sept. 2005 $550K revenue loss

Moved to DC to help father Sept. 2005 Performed renovations Put NJ property on the market Jan. 2006 No sale

Major Surgery Aug. 2006 8 week recovery

Father passed away Jan. 2007

Negotiated YWCA settlement Feb. 2007 $43K+ - money never received Submitted TSA proposal to US Homeland

Security Feb. 2007 Decision due March 15, 2007

Begin Campaign for Investment March 2007

Put NJ property on the market March 2007 No sale Recruited by Robert Half July 2007

Rented NJ house August

2007

Laid off by Robert Half (after surgery notice) Sept. 2007

Double Surgery Nov. 2007

Served by sister to get DC house Nov. 2007

Worked temp jobs Dec. - Jan

Hospitalized for blood Pressure Jan. 8 2008 Surrogate mother passed away March 2008

Hired attorney to secure YWCA payment March 2008 Anticipate income of $40K +

Hired by Vistronix/National Archives April 2008 Income $110K+, $150K+ after Oct. 1 In auto accident March 2006 followed by

several weeks of therapy. Awaiting settlement. Anticipate settlement of $20K + Laid off after losing Federal contract Dec. 2008

Paid attorney deposit to get YWCA $ February 2009

Court ordered to vacate family home March 26, 2009 One time cost at least $7,000 PLUS monthly increase of $800

Surrogate mother passed away March 27, 2009

Successes

Traumatic

Revenue Impact

Request for Modification of Loan No. 40212367 Page 4 of 15

Attachment II – SUMMARY OF OUTSTANDING CREDIT

CREDITORS: (Loans, Credit Cards, Delinquent Debt)

Type Credit Limit

Balance Owed as of 3/15

Minimum Monthly Payment

Prior Monthly Payment

Paid off, Settled or

Payoff

New Monthly Payment Litton Loan Servicing 260,000 260,500.00 TBD 3,106.95 3,106.95 3,106.95 Chase Home Equity 150,000 150,000.00 TBD 710.00 65.000 650.00

Medical Bills NA 25,500.00 TBD 50.00 0.00 0.00

NJ Exterminator NA 500.00 TBD 15.00 0.00 0.00

REMAX NA 600.00 TBD 15.00 250 0.00

R&R Rokisky NA 5,500.00 TBD 500.00 3,500 0.00

IRS NA 5,000.00 TBD 50.00 0.00 0.00

American Express NA 1,000.00 TBD 15.00 0.00 0.00

American Express NA 1,300.00 TBD 15.00 1,300 0.00

Bank of America NA 3,000.00 TBD 15.00 0.00 0.00

Capital One NA 1,500.00 TBD 15.00 2,175 0.00

Capital One NA 650.00 TBD 15.00 500 0.00

Capital One NA 1,000.00 TBD 15.00 2,147 0.00

GM Chase NA 14,815.00 TBD 15.00 8,888 620.00

Chase NA 5,000.00 TBD 15.00 2,152 150.00

Citibank NA 7,500.00 TBD 15.00 4,945 400.00

Wells Fargo NA 5,500.00 TBD 15.00 0 0.00

0.00 TBD 0 0.00

Verizon Wireless 470.16

^DISPUTED

470.16 TBD

ADT 366.81

^DISPUTED

366.81 TBD

Cablevision 167.29 TBD 0.00 0.00

Verizon (6132) 227.63 TBD 0.00 0.00

Verizon (1860) TBD TBD

COMCAST 106.23 TBD 0.00 0.00

Wash. Hosp. Center 224.12 TBD 0.00 0.00

LabCorp. 42.00 TBD 0.00 0.00

Rent/Mortgage 1,000.00

TOTAL $488,865.00 $4,596.95 $29,613.95 $5,976.95

Attachment III – CREDITOR REPAYMENT SCHEDULE/BUDGET

SOURCES OF INCOME-REVENUE Monthly Amount

INCOME Figures In Dollars

Job Income 6,375.00

Rental Income 2,900.00

ACT Inc. Revenue 0.00

TOTAL INCOME 9,275.00

COMMITTED EXPENSES 0.00

Mortgage & Rent 3,582.00

Utilities 998.00 Household 420.00 Personal (includes medical) 890.00

Credit Cards & Other Debt 2,440.00 Other (includes ACT Inc. commitment) 125.00

TOTAL EXPENSES 8,455.00

Income less Expenses 820.00

Request for Modification of Loan No. 40212367 Page 6 of 15

Attachment IV – INITIAL REQUEST LETTER

Attachment IV – INITIAL REQUEST LETTER

Request for Modification of Loan No. 40212367 Page 8 of 15

Proof of Income – PAY STUB, RENT CHECK, BANK STATEMENT

<– $600 deposit from 2 of 4

tenants for rent

Statements & Forms – 2008 INCOME TAX RETURN

This is Page 1 of 19 total pages in Federal Tax Return

Request for Modification of Loan No. 40212367 Page 10 of 15

Statements & Forms – LITTON STATEMENT

Statements & Forms – CHASE STATEMENT

Request for Modification of Loan No. 40212367 Page 12 of 15

Statements & Forms – FANNIE MAE FORM 1021

Statements & Forms – FANNIE MAE FORM 1021

Request for Modification of Loan No. 40212367 Page 14 of 15

Statements & Forms – FANNIE MAE FORM 1021

Statements & Forms – IRS FORM 4509-T

March 29, 2009

1040 U.S. Individual Income Tax Return

OMB No. 1545-0074

, 2008, ending , 20

Last name

Your first name and initial Your social security number

(See instructions)

L A B E L

H E R E

Last name Spouse's social security number

If a joint return, spouse's first name and initial Use the IRS

label.

Otherwise, please print or type.

Home address (number and street). If you have a P.O. box, see instructions. Apt. no.

City, town or post office, state, and ZIP code. If you have a foreign address, see instructions.

Presidential Election Campaign

1 Single

Filing Status 2 Married filing jointly (even if only one had income) Check only

one box.

3

Qualifying widow(er) with dependent child (See instructions) 6a Yourself. If someone can claim you as a dependent, do not check box 6a

Exemptions b Spouse

(4) X if qual- ifying child

tax credit

Dependents:

c (2) Dependent's

social security number

(3) Dependent's relationship to

you (1) First name Last name

If more than four dependents, see instructions.

d Total number of exemptions claimed

7 Wages, salaries, tips, etc. Attach Form(s) W-2

7

8a 8a Taxable interest. Attach Schedule B if required

Income

8b b Tax-exempt interest. Do not include on line 8a

Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld.

9a 9a Ordinary dividends. Attach Schedule B if required

10 10 Taxable refunds, credits, or offsets of state and local income taxes (see instructions)

11 11 Alimony received

12 12 Business income or (loss). Attach Schedule C or C-EZ

Enclose, but do not attach, any payment. Also, please use Form 1040-V.

13 13 Capital gain or (loss). Attach Schedule D if required. If not required, check here

14 14 Other gains or (losses). Attach Form 4797

15a 15b

IRA distributions b Taxable amount (see instructions)

15a

16b 16a

Pensions and annuities b Taxable amount (see instructions)

16a

17 17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E

18 18 Farm income or (loss). Attach Schedule F

19 19 Unemployment compensation

20b 20a b Taxable amount (see instructions) 20a Social security benefits

21 21

22 Add the amounts in the far right column for lines 7 through 21. This is your total income 22

25 Health savings account deduction. Attach Form 8889

23

27 27

29

IRA deduction (see instructions) 28

30 30

Student loan interest deduction (see instructions)

31a 31a

Tuition and fees deduction. Attach Form 8917

32 32

Alimony paid

b Recipient's SSN

36 Add lines 23 through 31a and 32 through 35

33

Subtract line 36 from line 22. This is your adjusted gross income 34

Adjusted Gross Income

37 If you did not

get a W-2, see instructions.

Form

Married filing separately. Enter spouse's SSN above and full name here.

Label

Form 1040⁽²⁰⁰⁸⁾

IRS Use Only - Do not write or staple in this space.

Head of household (with qualifying person). (See instructions) If the qualifying person is a child but not your dependent, enter this child's name here.

Other income. List type and amount (see instructions)

Penalty on early withdrawal of savings 25

26

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions.

Boxes checked on 6a and 6b No. of children on 6c who:

Dependents on 6c not entered above Add numbers on lines above

lived with you did not live with you due to divorce or separation (see instructions)

35

34 One-half of self-employment tax. Attach Schedule SE

33

36

Checking a box below will not change your tax or refund.

Check here if you, or your spouse if filing jointly, want $3 to go to this fund (see instructions)

You must enter your SSN(s) above.

Spouse You

Self-employed SEP, SIMPLE, and qualified plans

37

4

5

23 Educator expenses (see instructions)

9b b Qualified dividends (see instructions)

2008

24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ 24

29 Self-employed health insurance deduction (see instructions) 28

}

. . . . . . . .

. . . . . . . . . . . .

. . . . . . . .

. . . . . . . . . . . . . . . . .

. . .

. . . . . . . . . . . . . . . . . . .

. . . . .

for child

UYA

. .

. . . .

Moving expenses. Attach Form 3903 26

Domestic production activities deduction. Attach Form 8903 35 . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. .

. . . . . . . .

For the year Jan. 1-Dec. 31, 2008, or other tax year beginning

Veronica A Williams

PO Box 978

South Orange, NJ 07079-0978 X

X 1

0 0 0 59,642. 1

-8,210.

51,432.

2,700.

2,700.

48,732.

39c

Itemized deductions (from Schedule A) or your standard deduction (see left margin)

Add lines 62 through 70. These are your total payments

Page 2

Form 1040 (2008)

Amount from line 37 (adjusted gross income)

38 38

Check if:

39a

Tax

Credits _39a

Single or Married filing separately,

$5,450

b 39b

40 41 Subtract line 40 from line 38

41

42 If line 38 is over $119,975, or you provided housing to a Midwestern displaced individual, see

instructions. Otherwise, multiply $3,500 by the total number of exemptions claimed on line 6d 42

43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0-

43

44 44

48 49

54 Credit for the elderly or the disabled. Attach Schedule R

47

52

Other credits from Form:

51

56 57 Add lines 47 through 54. These are your total credits

51

Subtract line 55 from line 46. If line 55 is more than line 46, enter -0- 56

Self-employment tax. Attach Schedule SE 57

Other Taxes

58

73a Unreported social security and Medicare tax from Form:

60 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required

59

61 Add lines 56 through 60. This is your total tax

62 Federal income tax withheld from Forms W-2 and 1099 62

64a

63 64a 2008 estimated tax payments and amount applied from 2007 return

Payments

66

68 Amount paid with request for extension to file (see instructions) 68

66

69

72 Credits from Form:

70

b

75

74

If line 71 is more than line 61, subtract line 61 from line 71. This is the amount you overpaid

76

75 Amount of line 72 you want refunded to you.

Refund

76 Estimated tax penalty (see instructions)

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

You were born before January 2, 1944, Blind.

Spouse was born before January 2, 1944, Blind.

a 2439 b 4136 60

61

69

Amount You Owe

Sign Here

Date Your signature

Keep a copy for your records.

Date Spouse's signature. If a joint return, both must sign.

Preparer's SSN or PTIN Preparer's Date

signature Check if

self-employed

Paid Preparer's

Use Only Firm's name (or yours if self-employed), address, and ZIP code

EIN Phone no.

Your occupation Tax (see instructions). Check if any tax is from:

Amount you owe. Subtract line 71 from line 61. For details on how to pay, see instructions b

Direct deposit?

See instructions and fill in 73b, 73c, and 73d.

Routing number Account number

c Checking Savings

a Form(s) 8814 Form 4972

d 74 72

50 47

Child tax credit (see instructions). Attach Form 8901 if required

58

59 Additional taxes:

73a

Credits from Form:

50

54

52

Additional child tax credit. Attach Form 8812

67 67

Head of household,

$8,000 Married filing jointly or Qualifying widow(er),

$10,900 Standard Deduction for -

Joint return?

See instructions

Daytime phone number Earned income credit (EIC)

Credit for child and dependent care expenses. Attach Form 2441 45

46 48

Alternative minimum tax (see instructions). Attach Form 6251 Add lines 44 and 45

Education credits. Attach Form 8863

49

If you have a qualifying child, attach Schedule EIC.

45 46

Spouse's occupation

Form 1040 ⁽²⁰⁰⁸⁾

People who checked any box on line 39a or 39b, or

or who claimed as a dependent,

All others:

Designee's name

Do you want to allow another person to discuss this return with the IRS (see instructions)?

Third Party

Designee ^Phone _no.

Yes. Complete the following. No Personal identification

number (PIN) 55 55

a 8396 b 5695 53

53

63

Type:

c 8801

Total boxes checked

} {

. . . .

. . . . . . . . . . . . .

. . . . . . . . .

. . . . . . . .

. . . . . . . .

. . . . . . . . . . . . .

. . . .

See instr.

. . . .

. . . .

UYA

. . . .

Retirement savings contributions credit. Attach Form 8880 Foreign tax credit. Attach Form 1116 if required

Nontaxable combat pay election 64b

40 . . . . .

.

. .

. . . . . .

Amount of line 72 you want applied to your 2009 estimated tax 8839 c a 3800 b 8801

71

First-time homebuyer credit. Attach Form 5405

70

or Form 8888.

If Form 8888 is attached, check here

and

. . .

a 4137 b 8919 . . . . .

. . . .

71 b

Recovery rebate credit (see worksheet in instructions) . . . .

. . . .

. . .

can be

If your spouse itemizes on a seperate return or you were a dual-status alien, see instr. and check here c Check if standard deduction includes real estate taxes or disaster loss (see Instr.). . . 39c

a AEIC payments b Household employment taxes. Attach Schedule H

65 65

d 8885 . . . . Excess social security and tier 1 RRTA tax withheld (see instr.)

c

. . . .

Veronica A Williams

48,732.

0

36,244.

12,488.

3,500.

8,988.

945.

945.

945. 0.

10,871. 945.

NO

2. 10,873.

9,928.

X 9,928.

0.

Program Manager 202-486-4565

. . . .

OMB No. 1545-0074

SCHEDULES A&B

(Form 1040) (Schedule B is on page 2)

Department of the Treasury

Internal Revenue Service Attach to Form 1040. ^AttachmentSequence No.

07

Name(s) shown on Form 1040 Your social security number

Caution. Do not include expenses reimbursed or paid by others.

Medical and Dental Expenses

1 Medical and dental expenses (see instructions)

1

2 2

3 Multiply line 2 by 7.5% (.075)

3

Subtract line 3 from line 1. If line 3 is more than line 1, enter -0-

4 4

5 Taxes You 5

Paid

6 Real estate taxes (see instructions)

6

Other taxes. List type and amount 8

(See instructions.)

8 Add lines 5 through 8

9 9

Home mortgage interest and points reported to you on Form 1098 Interest 10

You Paid

10 Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address

11 (See

instructions.)

11 12 Points not reported to you on Form 1098. See instructions

for special rules 12

13

Investment interest. Attach Form 4952 if required. (See instructions.)

13 14

14 Add lines 10 through 14

Gifts to

Charity ¹⁶

15

Gifts by cash or check. If you made any gift of $250 or more, see instructions

17 Other than by cash or check. If any gift of $250 or more,

see instructions. You must attach Form 8283 if over $500 16

18 Carryover from prior year

17

18

Add lines 16 through 18. 19

Casualty or theft loss(es). Attach Form 4684. (See instructions.) 20

Casualty and

Theft Losses 20

Job Expenses21 and Certain Miscellaneous

23 Other expenses - investment, safe deposit box, etc. List type and amount

(See instructions.)

Add lines 21 through 23 24

Enter amount from Form 1040, line 38 25

Multiply line 25 by 2% (.02) 26

Subtract line 26 from line 24. If line 26 is more than line 24, enter -0-

27 27

Other - from list in the instr. List type and amount Other 28

Miscellaneous

Deductions 28

Total 29 Itemized

Deductions ²⁹

Schedule A (Form 1040) 2008 For Paperwork Reduction Act Notice, see instructions.

25

21

23 24 If you made a

gift and got a benefit for it, see instructions.

26 Enter amount from Form 1040, line 38

No. Your deduction is not limited. Add the amounts in the far right column for lines 4 through 28. Also, enter this amount on Form 1040, line 40.

Yes. Your deduction may be limited. See instructions for the amount to enter.

Note.

Personal interest is not deductible.

7 Personal property taxes

7

22 Tax preparation fees

22

Is Form 1040, line 38, over $159,950 (over $79,975 if married filing separately)?

See Instructions for Schedules A&B (Form 1040).

Schedule A - Itemized Deductions 2008

Unreimbursed employee expenses - job travel, union dues, job education, etc. Attach Form 2106 or 2106-EZ if required. (See instructions.)

}

Deductions

. . . .

. . . .

. . . . . . . .

. . . .

. . . .

. . . .

. . . . . . . .

. . . .

. . . . . . . . .

. . . .

. . . .

. . . . . . . .

. . . .

UYA

State and local

30 If you elect to itemize deductions even though they are less than your standard deduction, check here (check only one box):

a b

Income taxes, General sales taxes

or

}

. . . .

Qualified mortgage insurance premiums (see instructions).

15

19

. . . .

(99)

Veronica A Williams

7,620.

48,732.

3,655.

3,965.

X 3,436.

6,576.

50.

10,062.

14,649.

14,649.

1,910.

230.

2,140.

0.

Form 2106 3,113. 3,113.

3,113.

48,732.

975. 2,138.

Job Search 3,290.

3,290.

X 36,244.

(Form 1040) (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.)

Attach to Form 1040, 1040NR, or Form 1041. See Instructions for Schedule E (Form 1040).

Department of the Treasury Internal Revenue Service

Attachment Sequence No.

13

Your social security number Name(s) shown on return

Income or Loss From Rental Real Estate and Royalties Note. If you are in the business of renting personal property, use Schedule C or C-EZ (see instructions). If you are an individual, report farm rental income or loss from Form 4835 on page 2, line 40.

List the type and address of each rental real estate property:

1 A B C

No 2 Yes

A B

C

Properties Totals

(Add columns A, B, and C.)

Income: A B C

3 Rents received 3 3

4 Royalties received 4 4

Expenses:

5 Advertising

5

Auto and travel (see instructions) 6 6

7 Cleaning and maintenance

7

Commissions 8 8

9 Insurance

9

10 Legal and other professional fees 10 11

Mortgage interest paid to banks,

etc. (see instructions) 12

11

12 Other interest

12

13 Repairs

13

14 Supplies

14

15 Taxes

15

16 Utilities

16

17 17

Other (list) 18

18

19 19

Add lines 5 through 18 19

Depreciation expense or depletion (see instructions)

20

20 20

Total expenses. Add lines 19 and 20 21 21

Income or (loss) from rental real Subtract line 21 from line 3 (rents) or line 4 (royalties). If the result is a (loss), see the instructions to find out if you must file Form 6198 22

22 Deductible rental real estate loss.

Caution.

line 22 may be limited. See the instructions to find out if you must file

line 43 on page 2 23

)

( ) (

) (

23

24 24 Income. Add positive amounts shown on line 22. Do not include any losses

) (

Losses. Add royalty losses from line 22 and rental real estate losses from line 23. Enter total losses here 25 25

26 Total rental real estate and royalty income or (loss). Combine lines 24 and 25. Enter the result here.

If Parts II, III, IV, and line 40 on page 2 do not apply to you, also enter this amount on Form 1040,

line 17, or form 1040NR, line 18. Otherwise, include this amount in the total on line 41 on page 2 26

For Paperwork Reduction Act Notice, see instructions. Schedule E (Form 1040) 2008

Part I

Management fees

For each rental real estate property listed on line 1, did you or your family use it during the tax year for personal purposes for more than the greater of:

14 days or

10% of the total days rented at fair rental value?

(See instructions.)

2008

Form 8582.

. . . .

estate or royalty properties.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . .

. . . .

. . . .

. . . . . . . .

. . . Your rental real estate loss on

. . .

UYA

Real estate professionals completemust

Veronica A Williams

Home 541 Scotland Road, South Orange, NJ X

25,200. 25,200.

0.

1,500.

12,000.

3,260.

1,200. 500.

860.

0.

8,890.

2,100.

3,100.

33,410. 0. 0. 33,410.

33,410. 0. 0. 0.

-8,210. 0. 0.

8,210. 0. 0.

8,210. 0.

-8,210.

03/03/2009 12:34:59AM

Form

8888

Department of the Treasury Internal Revenue Service

Direct Deposit of Refund to More Than One Account

OMB No. 1545-0074 Attachment Sequence No. 56

Name(s) shown on return

Form8888(2008)

1a 1a Amount to be deposited in first account

Routing number Account number

c Checking Savings

b d

2a 2a Amount to be deposited in second account

Routing number Account number

c Checking Savings

b d

3a 3a Amount to be deposited in third account

Routing number Account number

c Checking Savings

b d

Add lines 1a, 2a, and 3a. The total must equal the amount shown on Form 1040, line 73a; Form 1040A, line 45a; Form 1040EZ, line 12a; Form 1040NR, line 71a; Form 1040NR-EZ, line 23a; Form 1040-SS, line 12a; or Form 1040-PR, line 12a 4

4

2008

See instructions.

Attach to Form 1040, Form 1040A, Form 1040EZ,

Your social security number

Total amount to be directly deposited.

. . . .

. . . .

. . . .

. . . .

For Paperwork Reduction Act Notice, see instructions.

UYA

Form 1040NR, Form 1040NR-EZ, Form 1040-SS, or Form 1040-PR.

Veronica A Williams

5,928.

021200957 X

3451044323

4,000.

254070077 X

039918470

9,928.

03/03/2009 12:34:59AM

your old home. The distance between the workplace must be at least 50 miles from did not have an old workplace, your new be at least 53 miles from that home. If you home. You cannot deduct the cost of

sightseeing trips.

Moving Expenses

Form

3903

Attach to Form 1040 or Form 1040NR.

Department of the Treasury

Internal Revenue Service Attachment

Sequence No.

62

Name(s) shown on return Your social security number

1 1

Travel (including lodging) from your old home to your new home (see instructions). Do not 2

3 Add lines 1 and 2

Enter the total amount your employer paid you for the expenses listed on lines 1 and 2 that is not included in box 1 of your Form W-2 (wages). This amount should be shown in

box 12 of your Form W-2 with code P 4

5

Before you begin:

2 3

5 4

Form 3903 ⁽²⁰⁰⁸⁾

For Paperwork Reduction Act Notice, see instructions.

Is line 3 more than line 4?

No. You cannot deduct your moving expenses. If line 3 is less than line 4, subtract line 3 from line 4 and include the result on Form 1040, line 7, or Form 1040NR, line 8.

General Instructions

Purpose of Form

Use Form 3903 to figure your moving expense deduction for a move related to the start of work at a new principal place of work (workplace). If the new workplace is outside the United States or its possessions, you must be a U.S. citizen or resident alien to deduct your expenses.

Expenses.

What’s New

For 2008, the standard mileage rate for using your vehicle to move to a new home is 19 cents a mile. (27 cents a mile after

Distance Test Worksheet

miles 1.

miles 2.

miles 3.

Is line 3 at least 50 miles?

Yes. You meet this test.

No. You do not meet this test. You cannot deduct your moving expenses. Do not complete Form 3903.

If you qualify to deduct expenses for more than one move, use a separate Form 3903 for each move.

Number of miles from your old home to your new workplace

Number of miles from your old home to your old workplace

Subtract line 2 from line 1. If zero or less, enter -0- 1.

2.

3.

Yes.

Keep a Copy for Your Records See

See the Distance Test and Time Test in the instructions to find out if you can deduct your moving expenses.

2008

TIP

TIP

. . . . . . . . . . . .

. . . .

. . . .

. . . . . . . . . . . .

UYA

Transportation and storage of household goods and personal effects (see instructions) include the cost of meals

For more details, see Pub. 521, Moving

Members of the Armed Forces in the instructions, if applicable.

Subtract line 4 from line 3. Enter the result here and on Form 1040, line 26, or Form 1040NR, line 26. This is your moving expense deduction

Deduct

You can deduct the reasonable expenses of moving your household goods and personal effects and of traveling from your old home to your new home. Reasonable expenses can include the cost of lodging (but not meals) while traveling to your new

Expenses

If you move to a new home because of a new principal workplace, you may be able to deduct your moving expenses whether you are self-employed or an employee. But you must meet both the distance test and time test that follow.

Members of the Armed Forces may not have to meet the distance test and time tests.

See instructions.

Your new principal workplace must be at least 50 miles farther from your old home than your old workplace was. For example, if your old workplace was 3 miles from your old home, your new workplace must

two points is the shortest of the more commonly traveled routes between them.

To see if you meet the distance test, you can use the worksheet below.

Moving Expenses You Can

Who Can Deduct Moving

Distance Test

June 30, 2008).

Veronica A Williams

2,200.

500.

2,700.

X 2,700.

330 10 320

X

03/03/2009 12:34:59AM

(2008) OMB No. 1545-0172

Depreciation and Amortization

4562

Form

(Including Information on Listed Property)

Department of the Treasury Internal Revenue Service

Attachment Sequence No.

67

See separate instructions.

Identifying number

Name(s) shown on return Business or activity to which this form relates

Election To Expense Certain Property Under Section 179

Note: If you have any listed property, complete Part V before you complete Part I.

1 Maximum amount. See the instructions for a higher limit for certain businesses

1

2 Total cost of section 179 property placed in service (see instructions)

2

3 Threshold cost of section 179 property before reduction in limitation (see instructions)

3

4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0-

4

Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately, see instructions

5

5

(a) Description of property (b) Cost (business use only) (c) Elected cost

6

7 Listed property. Enter the amount from line 29

7

8 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7

9 Tentative deduction. Enter the smaller of line 5 or line 8

9

10 Carryover of disallowed deduction from line 13 of your 2007 Form 4562

10

11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) 11

12 Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 11

12

13 13

Note: Do not use Part II or Part III below for listed property. Instead, use Part V.

MACRS Depreciation (Do not include listed property. ) (See instructions.)

(b) Month and year placed in service

(c) Basis for depreciation

(business/investment use (d) Recovery period

(a) (e) Convention (f) Method (g) Depreciation deduction

Section B - Assets Placed in Service During 2008 Tax Year Using the General Depreciation System

3-year property 19a

5-year property b

7-year property c

10-year property d

15-year property e

20-year property f

S/L MM

27.5 yrs.

Residential rental property

h

S/L MM

27.5 yrs.

S/L Nonresidential real MM

property i

S/L MM

Section C - Assets Placed in Service During 2008 Tax Year Using the Alternative Depreciation System 20a Class life S/L

b 12-year S/L

40 yrs. MM S/L

c 40-year

Special Depreciation Allowance and Other Depreciation (Do not include listed property. )

MACRS deductions for assets placed in service in tax years beginning before 2008

17 17

15 Property subject to section 168(f)(1) election

15

Other depreciation (including ACRS)

16 16

Summary (see instructions)

21 21 Listed property. Enter amount from line 28

Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21.

Enter here and on the appropriate lines of your return. Partnerships and S corporations - see instr.

22

22 23 For assets shown above and placed in service during the current year,

enter the portion of the basis attributable to section 263A costs 23

Form 4562

For Paperwork Reduction Act Notice, see separate instructions.

Part IV Part I

Part II

Part III

Attach to your tax return.

39 yrs.

Section A

18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here

Classification of property

25-year property

g ^{25 yrs. S/L}

during the tax year (see instructions) 14

14

2008

only - see instructions)

12 yrs.

Special depreciation allowance for qualified property (other than listed property) placed in service Carryover of disallowed deduction to 2009. Add lines 9 and 10, less line 12

. . . . . . . . . . . . . . . . . . .

. . . .

. . . . . . . . . . . . . . . . . . . .

. . . . . . . .

. . . . . . . .

. . . . . . . . . . . .

UYA

(See instructions.)

. . . .

Veronica A Williams Home

0.

0.

0.

03/03/2009 12:34:59AM