Tax 650 Project Part One: Tax Code and Planning: Use the client's tax profile and provided documents to identify the appropriate tax forms that are needed to complete the tax return. These criteria will be assessed through the completion of the tax form. Connect the client's information to the appropriate tax forms needed to complete the tax return. Apply the relevant information from the provided taxpayer source documentation to the tax forms. Assess the character of all income sources. Evaluate whether the taxpayer's deductions should be itemized or not based on ethical standards for determining and communicating deductions. Distinguish between the expenses connected with the client's employment that are eligible for deduction and those that are not. Part Two: Prepare a Complex Tax Return: Complete a tax return that adheres to tax laws, regulations, and codes. Evaluate which items meet the criteria for being included in gross income. Categorize deductions as either being from adjusted gross income or for adjusted gross income, including any variances or inaccuracies in these deductions. Calculate the individual taxable income using the tax formula. Determine whether the client has overpaid or underpaid their taxes. Include the following in your response: The client's calculated tax liability