$-$ Cam and Mitch are married, and their filing status for $2023$ is married filing jointly.

$-$ The couple earned salaries of $$55,000$ and $$120,000,$ respectively.

$-$ The couple also earned interest income on their savings account of $$750$

$-$ The couple sold some stock at a $$4,000$ loss. The stock was held for investment and was not used in a trade or business.

$-$ The couple has a $10$ year old daughter, Lily, who lived with them for the entire year.

$-$ The couple is permitted to claim a child tax credit for Lily in the amount of $$2,000.$

$-$ The couple had $$29,000$ of expenses that qualify as itemized deductions, and the federal income tax withheld from their paychecks totalled $$26,000.$

$-$ The couple does not operate any sole proprietorships, nor are they partners in a partnership or shareholders in an S Corporation. Thus, they are not eligible for a QBI deduction.

$-$ The $2023$ standard deduction for a married couple is $$27,700$

$-$ The couple is not subject to other taxes, such as the Net Investment Income Tax, the Additional Medicare Tax, or Self$-$Employment Tax

Your task: Calculate the amount of federal tax due or refund to be received for the $2023$ tax year. Please clearly indicate in your answer the amount and whether it is an amount due or a refund