Katie is a self-employed consultant in New York City. In 2022, she had gross receipts of $300,000 and incurred expenses of $75,000. In addition, she made a $5,000 contribution to her traditional IRA account. Katie is married and files her taxes jointly with her spouse, who has a gross income of $150,000. Calculate Katie's taxable income and her federal income tax liability using the 2022 tax brackets.