Nathan King and Carly King, both aged 32, married on September 7, 2017. Nathan and Carly will file a joint return for 2020. Nathan's Social Security number 123-45-7867. Carly's Social Security number is 111-23-4567, and she adopted 'King' as her married name. They live at 8930 Edgewood Ln, San Jose, California 94088.

Nathan was divorced from Sarah King in March 2016. Nathan and Sarah have an 11-year-old daughter named Ellie. As part of the divorce decree, Nathan was given custody of Ellie. Under the divorce agreement, Nathan is to pay Sarah $1,200 per month for the next 10 years or until Sarah's death, whichever occurs first. Nathan pays Sarah $14,400 in 2020. In Addition, in January of 2020, Nathan pays Sarah $50,000, which is designated as being her share of the marital property. Also, Nathan is responsible for all prior years' income taxes. Sarah's social security number is 223-45-6789.

Nathan's salary for 2020 is $160,000. He works as an executive at Bird, Inc - (Fed.ID No. 23-7464389.) As part of his compensation package, Bird provides him with group term life insurance equal to twice his annual salary. His employer withheld $25,900 for federal income taxes and $7,000 for state income taxes. The proper amounts were withheld for FICA taxes.

Carly recently graduated from law school and is employed by Legal Aid Society, Inc - (Fed.ID No. 88-2134543.) As a public defender. She receives a salary of $32,000 in 2020. Her employer withheld $6,500 for federal income taxes and $3,400 for state income taxes. The proper amounts were withheld for FICA taxes.

Nathan and Carly has interest income of $1,600. Nathan and Carly received a $1,900 refund on their 2019 state income taxes. They claimed the standard deduction on their 2019 federal income tax return. Both of them pay $5,500 interest and $1,250 property taxes on their personal residence in 2020. Their charitable contributions total $2,400, which the whole amount was to their church. They paid sales taxes of $1,400, for which they maintain the receipts. Both spouses had health insurance for all of 2020 and they do not want to contribute to the Presidental Election Campaign.

** For the 2020 tax year **

Compute the King's net tax payable (or refund due) for 2020.

Enter all amounts as positive numbers

Enter "0" if the box does not require an entry.

Make realistic assumptions about missing data.

When computing the tax liability, do not round your immediate calculations. If required, round your final answers to the nearest dollar.

It may be necessary to complete the tax schedule and worksheet before completing Form 1040.