martin s albert (ss 111-11-1111) is 39 years old and is married to Michele R Albert (ss 123-45-6789) The alberts live at 513 Ferry Road, Newport News, VA 23601. They file a joint return and have two dependent chikdren, Charlene age 17(ss 123-45-6788) and Jordan age 18 (ss 123-45-6787). In 2016 Martin and Michele had the following transactions:

A. Martine receive $120,000 in salary from Red Steel Company where he is a construction engineer. Withholding for Federal income tax was $10,750. The amounts withheld for FICA taxes were $7,049($113,700 x 6.2%) for Social Security and $1,740($120,000 x 1.45%) for Medicare.Martin working in Mexico from January 1, 2015 until February 15, 2016. His $120,000 salary for 2016 includes $18,000 earned for January and one half of February 2016 while working jn Mexico.

B. Martin and Michele received $800 in qualified dividends on Green Inc stock and $400 interest on Montgomery County (Virginia) school bonds.

C. Martin received $2,300 interest from a Bahamian bank account

D. Michele recieved 50 shares of Applegate Corporation common stock as a stock dividend. The shares had a fair market value of $2,500 at the time Michele received them, and she did not have the option of receiving cash.

E. Martin and Michele received $1,200 refund on their 2015 Virginia inclke taxes. Their itemized deductions in 2015 totaled $14,000

F. Martin paid $6,600 alimony to his former wife Rose T Morgan (ss 123-45-6786)

G. Martin and Michele kept the receipts for their sales taxes paid of $1,100

H. Martin and Michele's itemized deductions were as follows :

1. State income tax paid and withheld totaled $5100

2. Real estate taxes oaid on their principal residence were $3700

3. Mortgage interest on their principal residence was $2500

4. Cash contributions to the church totaled $2,800

Compute the Albert's net tax payable (or refund) for 2016

Please utilize the 2016 tax forms 1040 and Schedule A