Cary Slater, age 41, is single and lives at 3257 Glenmore Ave, Pasadena, CA 91202. Her Social Security number is 123-45-6789. Cary has been divorced from her former husband, Jorge, since 2016. She has a son, Abe, who is 17, and a daughter, Genny, who is 19. Abes Social Security number is 123-12-1234, and Gennys is 321-54-9876. Genny is a full-time student at Pasadena Community College. She is in her first year of her undergraduate degree. Cary does not want to contribute $3 to the Presidential Election Campaign Fund. Cary, a Financial Planner, earned a salary from Frame Financial of $90,000 in 2018. Her employer withheld $9,000 in Federal income tax and $3,000 in state income tax. They all have health insurance for the year 2018 through her employer.

Cary has legal custody of Abe and Genny. The divorce decree provides that Cary is to receive the dependency deductions for the children. Abe lives with his father during summer vacation. Jorge indicates that his expenses for Abe are $10,500. Cary can document that she spent $6,500 for Abes support during 2018. In prior years, Cary gave a signed Form 8332 to Jorge regarding Abe. For 2018, she has decided not to do so. Cary provides all of Gennys support. Carys mother died on January 27, 2018. Cary inherited assets worth $700,000 from her mother. As the sole beneficiary of her mothers life insurance policy, Cary received insurance proceeds of $250,000. Her mothers cost basis for the life insurance policy was $100,000. Carys favorite aunt gave her $9,000 for her birthday in November. On December 1, 2018, Cary sold Rainbow stock for $13,500. She had acquired the stock on July 2, 2015, for $8,000.

An examination of Carys documents reveals that she received the following:

• Interest income of $2,000 from Third National Bank.
• Groceries valued at $350 from Chos Shop for being the 100^th shopper.
• Qualified dividend income of $1,500 from Blueberry.
• Interest income of $4,250 on bonds from City of Pasadena School.
• Alimony of $16,000 from Jorge.
• Distribution of $4,800 from a partnership named LM Partnership. Her distributive share of the partnership passive taxable income was $5,300. She had no prior passive activity losses.

From her checkbook records, she determines that she made the following payments during 2018:

• Mortgage interest on her residence of $9,000 paid to Third National Bank.
• Charitable contributions of $1,500 to the American Cancer Society (proper receipts obtained), clothes to Goodwill valued at $250 (proper receipts obtained) and $3,000 to Holy Family Church.
• Paid $5,500 to Pasadena Hospital for her cousin Bennys medical expenses, which he later paid back.
• Property taxes totaling $3,200 on her residence and $1,000 (ad valorem) on her car.
• $800 for landscaping expenses for residence.
• A $1,000 ticket for parking in a handicapped space.
• Attorneys fees of $1,000 for unsuccessfully contesting the parking ticket.
• Additional medical expenses of $6,000 for her and $1000 for Abe. In December 2018, her medical insurance reimbursed $1000 of Abes medical expenses.
• Estimated Federal tax payments of $5,000 and estimated California income taxes of $1,500.
• Contributions of $250 to the campaign of a candidate for governor.

Calculate Carys federal net tax payable or refund due for 2018. Use the appropriate forms and schedules.