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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 Sand Dollar Circle, Sandville, FL Her social security number is For tax year Debra had the following income information:Debra had the following stock transactions during A 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 Debras father purchased the LLP stock in for $ The FMV of the LLP stock at the date of death was $ The QQM stock was purchased by Debras father on February for $ The FMV of the QQM stock at the date of death was $Debra also sold her wine collection for $ on December She had purchased the wine on January for a total of $Debra has a capital loss carryover from of $: $ shortterm and $ longterm.Debra rents a condo no mortgage interest and lives in Florida no state income tax Thus, she claims the standard deduction.Required:Complete the 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 DShe wants to contribute to the presidential election campaign and does not want anyone to be a thirdparty 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.
Debra Simon is a single taxpayer. She is employed as a corporate attorney and lives at Sand Dollar Circle, Sandville, FL Her social security number is For tax year Debra had the following income information:Debra had the following stock transactions during A 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 Debras father purchased the LLP stock in for $ The FMV of the LLP stock at the date of death was $ The QQM stock was purchased by Debras father on February for $ The FMV of the QQM stock at the date of death was $Debra also sold her wine collection for $ on December She had purchased the wine on January for a total of $Debra has a capital loss carryover from of $: $ shortterm and $ longterm.Debra rents a condo no mortgage interest and lives in Florida no state income tax Thus, she claims the standard deduction.Required:Complete the 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 DShe wants to contribute to the presidential election campaign and does not want anyone to be a thirdparty 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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