Specifically, you must address the following rubric criteria Compare three tax positions using the table provided Summarize the features of each of the three tax positions Identify your chosen clients tax position Explain the characteristics of the client profile you selected to use in the Tax Organizer Complete the Tax Organizer for the chosen tax position Use only the information provided in the client profile Explain tax planning opportunities based on the completed tax organizer List several bulleted points to consider Tax Client 3 Jeffrey Erikson Descriptors Data Comments Client ID 1116 Primary Taxpayers Legal Name Jeffrey Erickson Primary Taxpayers Preferred Pronoun He SSN 1116 Age 38 Occupation Registered Nurse Citizen U S Resident Status U S Resident Primary Residence 414 Barns Street, Cheyenne, WY 82001 Secondary Residence 53 Long Road, Denver, CO 80014 Business Owner N A Property Ownership 414 Barns Street, Cheyenne, WY 82001 53 Long Road, Denver, CO 80014 Languages English Dutch Marital Status Married Spouses Legal Name Rosemarie Erickson Spouses Preferred Pronoun She Spouses SSN 1128 Spouses Age 37 Spouses Occupation Radiology Technician Dependent(s) ( Relationship) (Name Age SSN) N A Income Streams W2 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 Nationway, Cheyenne, WY 82001 The general sales tax paid was $433 Client 3 W2 Jeffreys W2 contained information in the following boxes Wages (box 1) $68,403 Federal W H (box 2) $8,236 Social Security Wages (box 3) $68,403 Social Security W H (box 4) $4,241 Medicare Wages (box 5) $68,403 Medicare W H (box 6) $992

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Specifically, you must address the following rubric criteria: Compare three tax positions using the table provided. Summarize the features of each of the three tax

Specifically, you must address the following rubric criteria:

Compare three tax positions using the table provided.
Summarize the features of each of the three tax positions.
Identify your chosen clients tax position.
Explain the characteristics of the client profile you selected to use in the Tax Organizer.
Complete the Tax Organizer for the chosen tax position.
1. Use only the information provided in the client profile.
Explain tax planning opportunities based on the completed tax organizer.

List several bulleted points to consider.

Tax Client #3 Jeffrey Erikson

Descriptors	Data	Comments
Client ID	1116
Primary Taxpayers Legal Name	Jeffrey Erickson
Primary Taxpayers Preferred Pronoun	He
SSN	*--1116
Age	38
Occupation	Registered Nurse
Citizen/U.S. Resident Status	U.S. Resident
Primary Residence	414 Barns Street, Cheyenne, WY 82001
Secondary Residence	53 Long Road, Denver, CO 80014
Business Owner	N/A
Property Ownership	414 Barns Street, Cheyenne, WY 82001	53 Long Road, Denver, CO 80014
Languages	English/Dutch
Marital Status	Married
Spouses Legal Name	Rosemarie Erickson
Spouses Preferred Pronoun	She
Spouses SSN	*--1128
Spouses Age	37
Spouses Occupation	Radiology Technician
Dependent(s) (# - Relationship) (Name/Age/SSN)	N/A
Income Streams	W2
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 Nationway, Cheyenne, WY 82001. The general sales tax paid was $433.

Client 3 W2

Jeffreys W2 contained information in the following boxes:

Wages (box 1)	$68,403
Federal W/H (box 2)	$8,236
Social Security Wages (box 3)	$68,403
Social Security W/H (box 4)	$4,241
Medicare Wages (box 5)	$68,403
Medicare W/H (box 6)	$992