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:

Wages	$ 156,000
Social security withholding	8,853.60
Medicare withholding	2,262
Federal income tax withheld	31,850
State income tax withheld	0
New Bank 1099-INT	5,400
Hope Bank 1099-INT	3,875

Debra had the following stock transactions during 2021. A 1099-B was received for the proceeds of each sale:

Transaction	Purchased	Sold	Proceeds	Cost	Sale Expenses
300 sh. IBM	01/05/13	5/11/21	$ 16,500	$ 14,100	$ 875
200 sh. SMI	01/05/13	5/15/21	41,000	41,800	2,050
100 sh. BMI	03/05/19	4/12/21	10,500	11,400	525
300 sh. ABC	07/05/21	9/15/21	16,500	14,100	825
300 sh. DDC	05/19/21	10/11/21	45,000	51,000	2,250
300 sh. PPC	01/05/13	5/11/21	5,000	2,800	250
4,000 sh. LLP	Inherited	12/11/21	436,000	*	21,800
1,500 sh. QQM	Inherited	5/11/21	41,325	*	2,066

* 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 missing information, make reasonable assumptions. Use the appropriate Tax Tables or Tax 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 numbers unless 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.