The word "Tallbott" is phonetically spelled as /tɔːlbɒt/. The first syllable "Tall" is pronounced with a long vowel, represented with the symbol ɔː, followed by the consonant sound /l/. The second syllable "bott" has the short vowel sound, represented with the symbol ɒ, followed by the consonant sound /b/ and the unstressed vowel sound /ə/. Therefore, the correct spelling of this word is "Tallbott," giving us a clear understanding of how to pronounce it correctly.