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 2017, Debra had the following income information:

Wages$155,000Social Security Withholding$7,886Medicare withholding$2,248Federal income tax withholding$34,550State income tax withholding$0New Bank 1099-INT$5,500Hope Bank 1099-INT$3,875

Debra had the following stock transactions during 2017. A 1099-B was received for the proceeds of each sale:

TransactionPurchasedSoldProceedsCostSales Expenses300 sh. IBM01/05/1005/11/17$16,500$14,100$875200 sh. SMI01/05/1005/15/1741,00041,8002,050100 sh. BMI03/05/1604/12/1710,50011,400525300 sh. ABC07/05/1709/15/1716,50014,100825300 sh. DDC05/12/1710/11/1745,00051,0002,250300 sh. PPC01/05/1005/11/175,0002,8002504,000 sh. LLPInherited12/11/17436,000*21,8001,500 sh. QQMInherited05/11/1741,325*2,066

* Debra inherited the LLP stock and the QQM stock when her father passed away on May 1, 2017. Debra's father purchased the LLP stock in 1966 for $35,000. The FMV of the LLP stock at the date of death was $415,500. The QQM stock was purchased by Debra's father on February 6, 2016, 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. She had purchased the wine on January 5, 2012 for a total of $19,000.

Debra has a capital loss carryover from 2016 of $11,700: $3,000 short-term and $8,700 long-term.

Debra rents a condo (no mortgage interest) and lives in Florida (no state income tax). Thus she claims the standard deduction.

Complete the 2017 tax return for Debra Simon and a Schedule D.