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Debra Simon is a single taxpayer. She is employed as a corporate attorney and lives at 1 4 0 0 Sand Dollar Circle, Sandville, FL

Debra Simon is a single taxpayer. She is employed as a corporate attorney and lives at 1400 Sand Dollar Circle, Sandville, FL 33868. Her social security number is 412-34-5670.For tax year 2021, Debra had the following income information:Debra had the following stock transactions during 2021. A 1099-B was received for the proceeds of each sale:* Debra inherited the LLP stock and the QQM stock when her father passed away on May 1,2021. Debras father purchased the LLP stock in 1970 for $35,000. The FMV of the LLP stock at the date of death was $415,500. The QQM stock was purchased by Debras father on February 6,2020, for $49,000. The FMV of the QQM stock at the date of death was $49,600.Debra also sold her wine collection for $38,000 on December 1,2021. She had purchased the wine on January 5,2016, for a total of $20,100.Debra has a capital loss carryover from 2020 of $11,700: $3,000 short-term and $8,150 long-term.Debra rents a condo (no mortgage interest) and lives in Florida (no state income tax). Thus, she claims the standard deduction.Required:Complete the 2021 tax return for Debra Simon. You do not need to complete the loss carryover worksheet but do need to enter the carryover amount in the appropriate place on Schedule D.She wants to contribute to the presidential election campaign and does not want anyone to be a third-party designee. Debra Simon has not acquired any financial interest in virtual currency last year. For any missinginformation, make reasonable assumptions. Use the appropriateTax TablesorTax Rate Schedules.Note: List the names of the taxpayers and any income they receive in the order in which they appear in the problem. Input all the values as positive numbersunless otherwise stated in the forms. Instructions can be found on certain cells within the forms. Round all intermediate calculations and your final answers to the nearest whole dollar amount.

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