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

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

Transaction	Purchased	Sold	Proceeds	Cost	Sales Expenses
300 sh. IBM	01/05/10	05/11/17	$16,500	$14,100	$875
200 sh. SMI	01/05/10	05/15/17	41,000	41,800	2,050
100 sh. BMI	03/05/16	04/12/17	10,500	11,400	525
300 sh. ABC	07/05/17	09/15/17	16,500	14,100	825
300 sh. DDC	05/12/17	10/11/17	45,000	51,000	2,250
300 sh. PPC	01/05/10	05/11/17	5,000	2,800	250
4,000 sh. LLP	Inherited	12/11/17	436,000	*	21,800
1,500 sh. QQM	Inherited	05/11/17	41,325	*	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.

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