1. Compare the three tax positions using the Comparison Table provided
2. Summarize the features of each of the three tax positions.
3. Identify one chosen clients tax position.
4. Explain the characteristics of the chosen client's profile you selected to use in the Tax Organizer provided.
5. Complete the Tax Organizer for the chosen tax position.
   1. Use only the information provided in the client profile.
6. Explain tax planning opportunities based on the completed tax organizer.
   1. List several bulleted points to consider.

Comparison Table

Ji Bao

Alexander Lawson

Jeffrey Erikson

Tax Organizer

WAGES, SALARIES & TIPS (Please include all W-2 forms.)

Employer Name	Wages	Federal Withheld	State Withheld
	$	$	$

SOCIAL SECURITY BENEFITS (Please include all 1099s.)

	Gross Benefits Received	Federal Withheld	State Withheld	Medicare Premiums	Medicare Part D Drug Cov.
Taxpayer	$	$	$	$	$
Spouse

INCOME FROM RETIREMENT (Please include all 1099s.)

Payer Name	Distribution Amount	Federal Withheld	State Withheld	State
	$	$	$

STATE AND LOCAL TAX REFUNDS (Please include all 1099s.)

Source (State or City)	Tax Year	Refund Amount
		$

PASSTHROUGH INCOME (Please include all K-1s.)

Entity Name	Rcvd	Entity Name	Rcvd

OTHER SOURCES OF INCOME (Please include all 1099s or supporting documentation.)

Payer Name and/or Nature & Source (List any other items and amounts below)	Amount	Federal Withheld	State Withheld	State
Unemployment Income (Form 1099-G)	$	$	$
Alimony Received
Jury Duty Pay
Gambling Income (Form W-2G)
Cancellation of Debt (1099-C)
Other (Describe):

INTEREST INCOME (Please include all 1099s.)

Payer Name	Interest Income	U.S. Bond Interest	Tax-Exempt Interest
	$	$	$

DIVIDEND INCOME (Please include all 1099s.)

Payer Name	Ordinary Dividends	Qualified Dividends	Capital Gain Distributions
	$	$	$

CAPITAL GAINS & LOSSES (Please include all 1099s.)

Property Description	Date Acquired	Date Sold	Gross Sales Price	Cost Basis
			$	$

PROFIT OR LOSS FROM BUSINESS SCHEDULE C (Please include all 1099s.)

Name of Business:
Principal Product or Service:
Tax ID:
Business Income (List Below):	Amount
Gross Receipts or Sales	$
Other (Describe):
Cost of Goods Sold (List Below):	Amount
Cost of Labor	$
Purchases and Materials
Other (Describe):
Business Expenses (List Below):	Amount
Advertising
Auto Expenses
Actual Expenses
Standard Mileage
(Business Miles x Mileage Rate)
Commissions and Fees
Contract Labor
Employee Benefit Programs
Insurance (Other than Health)
Interest Expense
Legal and Professional Services
Office Expenses
Pension and Profit-Sharing Plans
Rent or Lease of Machinery and Equipment
Rent or Lease of Real Estate
Repairs and Maintenance
Supplies
Taxes and Licenses
Travel (Hotel, Airfare, Parking, Etc.)
Meals
Utilities
Wages (Please include W-2s)
Dues and Subscriptions
Other (Describe):

ITEMIZED DEDUCTIONS (SCHEDULE A)

Medical Expenses	Taxpayer/Joint	Spouse
Prescription Medicines and Drugs	$	$
Health Insurance Premiums Paid
Long-Term Care Insurance Premiums Paid
Insurance Reimbursements Paid to You
Medical Miles ( ____________________ x $____)
Lodging
Doctors, Dentists, Etc.
Hospitals
Lab Fees
Eyeglasses and Contacts
Other (Describe):
Taxes Paid	Taxpayer/Joint	Spouse
Real Estate Taxes	$	$
General Sales Tax Paid on Specified Items
Other (Describe):
Mortgage & Investment Interest Paid (List Institution Paid)	Taxpayer/Joint	Spouse
	$	$
Cash Contributions (List Organization Paid)	Taxpayer/Joint	Spouse
	$	$
Noncash Contributions (List Organization & Description)	Taxpayer/Joint	Spouse
	$	$

STUDENT LOAN INTEREST EXPENSE (Please include Form 1098-E)

Payee Name	Amount
	$

RETIREMENT CONTRIBUTIONS (Please include all supporting documentation.)

Payee Name	Traditional	Roth	SEP/SIMPLE
	$	$	$

CHILD AND DEPENDENT CARE EXPENSES (Please include all supporting documentation.)

Provider Name	Provider Address	SSN or EIN	Amount Paid
			$

OTHER POTENTIALLY DEDUCTIBLE ITEMS (Please include all supporting documentation.)

Nature and Source	Taxpayer/Joint	Spouse
Educator Expenses	$	$
Health Savings Account Contributions (Include form 1099-SA)
Alimony Paid (List Recipient & SSN)
Gambling Losses
Tuition Expenses (Include Form 1098-T)
529 Plan Contributions to M.A.C.S. & M.P.A.C.T.
Prior Year Tax Preparation Fees
Other (Describe):

FEDERAL TAX PAYMENTS

Detail	Amount Paid	Date Paid
Prior Year Overpayment Applied	$
1st Quarter Estimate (Due 4/15)
2nd Quarter Estimate (Due 6/15)
3rd Quarter Estimate (Due 9/15)
4th Quarter Estimate (Due 1/15)
Extension Payment (Due 4/15)
Other (Describe):

Ji Bao is a single father with one son, Christian, who has lived with him all year. Ji was unmarried at the end of the year. He has full custody of Christian. Ji works at the local hardware store as a retail manager. He also worked part time at the library for several months during the summer and as a server on the weekends. Client 1 Details - Ji provides receipts for co-pays paid to his doctor totaling $10,550 for the year. - Ji provides Form 1098 reporting $7,685 in mortgage interest and $2,320 in mortgage insurance premiums for his primary residence. - Ji reports paying $1,985 in real estate taxes for the year on his primary residence. - Je provides a statement from his local church for cash contributions of $3,000 for the year. - Ji provides receipts for his son's school uniforms totaling $500 for the year. - The general sales tax paid was $1,116. Client 1W2 Ji's W2 from the local hardware store contained information in the following boxes: Ji's W2 from the local library contained information in the following boxes: Ji's W2 from the local restaurant contained information in the following boxes: T Alexander and Susan Lawson are married and have no children. Susan's mother, Ana Alvarez, had been living in their care for over three years since she was no longer able to care for herself on her own. Ana is a U.S. permanent resident and earns no income in the United States or abroad. Both Alexander and Susan are teachers at the local elementary school. Alexander teaches 4th grade and Susan teaches 1st grade. They are active participants in the school's after-care program and summer camp. Client 2 Details - They provide Form 1098 reporting $6,805 in mortgage interest and $2,199 in mortgage insurance premiums for their primary residence. - They report paying $3,355 in real estate taxes for the year on their primary residence. - They paid $600 toward co-pays for Ana's visits to the doctor. - Alexander provided receipts of $1,010 for books, supplies, and supplementary materials for his classroom. - Susan provided receipts of $495 for books, supplies, and supplementary materials for her classroom. - General sales tax paid was $964. Client 2W/2 Alexander's W2 contained information in the following boxes: Susan's W2 contained information in the following boxes: T-we rlanwt HO Inffend Cralomnm Jeffrey and Rosemarie are separated and have chosen not to file their tax returns together for the current year. They are living in separate residences as of early this year. Rosemarie informed Jeffrey that she will be itemizing her deductions on her tax return for this tax year. Client 3 Details - Jeffrey received $100 from a certificate of deposit as interest income. - Jeffrey provided Form 1098 reporting $8,150 in mortgage interest and $7,520 in real estate taxes for his primary residence. - Jeffrey noted that he was able to pay off the mortgage on his secondary home used as a vacation home at the end of last year, so he does not have a Form 1098 any longer on that property, but he paid real estate taxes of $2,566. - Jeffrey provided Form 1098-E reporting student loan interest paid of $8,530. - Jeffrey provided the following additional information: He spent $2,600 on uniforms for his job as a nurse, $750 in non-cash contributions, $1,500 in charitable contributions, and $400 for tax preparation fees from the prior year. The non-cash items donated included clothing, old electronics, and other household items valued at thrift-store prices of $750 on 5/20/21 when they were donated to Goodwill at 3301 Natigawax, Cheyenne, WY 82001. - The general sales tax paid was $433. Client 3 W/2 Jeffrey's W2 contained information in the following boxes