Mark and Michele are married and earned salaries this year of $69,600 and $14,100 respectively. In addition to their salaries they received interest of $350 for municipal bonds and $1200 from corporate bonds. Mark contributed $3200 to a traditional dividual retirement account and Mark paid alimony to prior spouse in the amount of $2200 ( under a divorce decree effective June 1, 2006). Mark and Michele have a 10-year-old son Matthew who live with them throughout the entire year. Plus Mark and Michele are allowed to claim $3000 child tax credit for Matthew. Mark and Michele paid 7400 of expenditures that qualifies itemized deductions and they had a total of 3450 in federal income taxes withheld from their paychecks during the year.

WHAT IS MARK AND MICHELLES TAXES PYABLE OR REFUND DUE FOR THE YEAR?