During 2019, Gary, 50 years of age, earned a salary of $87,000.00 as an executive at Speedy Corp.

Gary received the following interest during 2019:

-$400.00 on City of New York bonds

- $200.00 on a money market account

- $210.00 on a loan made to his brother.

Garys employer, Speedy Corp, provides all of their employees with $100,000 of group term life insurance on a non-discriminatory basis.

Gary had invested in an annuity that started making monthly payments of $200.00 in February of 2020 when he turned 50. He had made an initial investment of $30,000.00 in the annuity.

Gary spent one week serving on jury duty and received $50.

Garys Aunt Ann gave him a gift of $15,000.00 for his birthday during the year.

Gary paid his ex-wife Pat $6,000.00 in child support during the year.

Gary received a refund of federal income taxes withheld during the prior year of $1,200.00 and a state tax refund of $140.00.

Gary received $1,000.00 of qualified dividends from Ace Corporation and $1,400.00 of ordinary dividends from Tray Corporation. Garys itemized deductions totaled $13,000.00 and had $9,000.00 withheld for federal income taxes during the year.

Garys father died and he received $500,000.00in life insurance proceeds in 2020.

In 2016, Gary was in a car accident. During 2019, Gary received a judgment from a personal injury action in the amount of $190,000.00 related to the accident. He received $120,000.00 as a recovery for personal injuries and $70,000.00 in punitive damages.

Calculate Garys tax due or refund for 2020.