Demarco and Janine Jackson have been married for 20 years and have four children who qualify as their dependents (Damarcus, Janine, Michael, and Candice). The couple received salary income of $110,000, qualified business income of $18,500 from an investment in a partnership, and they sold their home this year. They initially purchased the home three years ago for $242,500 and they sold it for $292,500. The gain on the sale qualified for the exclusion from the sale of a principal residence. The Jacksons incurred $18,200 of itemized deductions, and they had $4,400 withheld from their paychecks for federal taxes. They are also allowed to claim a child tax credit for each of their children. However, because Candice is 18 years of age, the Jacksons may claim a child tax credit for other qualifying dependents for Candice. (Use 2018 tax rate schedules.)

a. What is the Jacksons taxable income, and what is their tax liability or (refund)? (Do not round intermediate calculation. Round "Income tax liability", "Total tax", "Taxes payable or Refund due" to 2 decimal places.

1- Gross income

2- For AGI dedections

3- Adjusted gross income

4- Standard dedection

5- Itemized dedections

6- Greater os standard dedections or itemized dedections

7- Dedections for qualified business income

8- Total dedections from AGI

9- Taxable income

10- Income tax liability

11- Other taxes

12- Total taxes

13- Credits

14- Prepayments

15- Tax due with retuen or Taxes payable