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The following information relates to one of our client: Maryann Miller. Maryann is contemplating marriage and wants to know the tax ramifications of this. The director of the Firm has requested that you research this situation and deliver and executive summary. It is expected that you provide calculations relating to at least 4 possible scenarios and identify the position that should be recommended to the client. State all your assumptions and make sure to provide evidence to support your position. Maryann Miller is single, 28 years old, and lives with her father, Joe, who is 68 years old. Joe is retired and receives social security in the amount of $1,282 per month which he deposits into a savings account. That is his only income. Joe own his home which as a fair market value of $274,000 but Maryann pays all the monthly expenses of the household. The following data relates to Maryann's prior year income: Salary Fed Taxes Withheld State Taxes Withheld Local Taxes Withheld Interest Income Dividend Income 20xx Med Health Insurance Paid 20xx Medical Expenses Paid Real Estate Taxes on Home (9/2/xx) $69,500 $7,800 $2,641 $695 $895 $1,250 $2,160 $3,100 20xx Church Contributions United Way Contributions (7/3/xx) American Red Cross (10/5/xx) Tsunami Relief Fund (1/16/xx) $2,100 $350 $400 $250 $5,200 Maryann is engaged to Peter Pearson. Peter is 33 years old and purchased a home in 2007 for $300,000. He has a mortgage on the house of $220,000. The current value of the home is $488,000. Peter is divorced an has a son, James, age 4 who lives with his mother Betty. Betty has remarried Barry Bellows. Peter pays $1,500 a month child support and per his divorce agreement he is entitled to claim James as his dependent. The following data relates to Peter's prior year income: Salary Fed Taxes Withheld State Taxes Withheld Local Taxes Withheld Interest Income Dividend Income 20xx Med Health Insurance Paid 20xx Med Health Insurance James $89,000 $14,000 $3,382 $890 $1,700 $2,300 $2,400 $680 Mortgage Interest Paid $19,000 Real Estate Taxes on Home (9/2/xx) $6,000 20xx Church Contributions Child Support Paid $3,000 $18,000 Grading Rubric The comprehensive problems will require you to interpret the tax law and apply it to a given set of circumstances. You will be provided with fundamental information upon which you must make assumptions and determinations that will form the basis for the tax position that you will recommend to the client. You must state your assumptions and cite all of your sources to support your position