TAX 650 Mileston two Scenario You are a tax preparer tasked with completing a tax return for new client Ram and Arya Kumar. The Kumars have been married for 11 years, own their home, and have two children attending public school. They are still paying off their student loans, but they are able to donate to charity. They provide information to you to assess whether they should take the standard deduction or itemize, and they also offer some additional information on events that occurred during the year. To prepare this tax return, you will need to apply the appropriate tax laws, regulations, and codes. Directions Complete an individual federal tax return for the current year, calculate the taxable income and tax liability, and create a reflection explaining the tax laws, regulations, and codes used to determine the tax report. Refer to the Supporting Materials section and your module resources for access to the correct tax return forms. Specifically, you must address the following rubric criteria: Evaluate which items meet the criteria for being included in gross income. Categorize deductions as being either from adjusted gross income or for adjusted gross income, including any variances or inaccuracies in these deductions. Calculate