During 2021, Allison who is single with no dependents and had $180,000 of taxable income before considering the following property related items Part A. Fill in the amount realized, adjusted basis, realized gain (loss) and character of the gain or loss in the boxes below #shares selling price cost price Amount Realized Adjusted Basis Realized Gain (Loss) or Income $2,600 1 Received qualified dividends from Company X of $2,600. 2 Sold 1,500 shares of Company Y on October 20, 2021 for $77 per share. The stock was purchased on April 10, 2015 for $64 per share. 1,500 $77 $64 3 Sold 900 shares of Company Z on November 25, 2021 for $59 per share. The stock was purchased on March 15, 2021 for $70 per share. 900 $59 $70 4 Sold a stamp collection on June 9, 2021 for $12,100. The stamp collect was inherited on February 5, 2007 when it was valued at $7,500. It originally cost $4,900. A 25% gain (unrecaptured $1250 gain) of $6,400. (This is a long- 5 term capital gain taxed at 25%) 5 1 Total $6,400 Character (15%, 25%, 28%, ordinary. STCL) you can deduct no more than 3,000 5 Part B. Calculate the taxable income, portion of Ti that is taxed as ordinary income, the portion of TI that will be taxed with LTCGS at preferential tax rates (not taxed as ordinary income), and tax on taxable income before credits: 7 9 0 1 2 3 A 5 STCL 15% 25% G 27 28 Summary Table 29 Taxable Income (TI) 30 Portion of Ti that is taxed at ordinary income 28% Total 81 Portion of T1 that is taxed at preferential rates (with LTCG, not taxed as ordinary income 32 Tax on taxable income before credits (altemative tax on taxable income) 2021 50