Return Filing jointly

[The following information applies to the questions displayed below.) John and Sarxy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2019. John worked as a computer technician at a local university earning a salary of $153,800, and Sandy worked part-time as a receptionist for a law firm earning a salary of $30,800. John also does some Web design work on the side and reported revenues of $5,800 and associated expen of $1,650. The Fergusons received $1,160 in qualified dividends and a $290 refund of their state income taxes. The Fergusons always itemize their deductions and their itemized deductions were well over the standard deduction amount last year. The Fergusons had qualifying insurance for purposes of the Affordable Care Act (ACA). Use Exhibit 8-9. Tax Rate Schedule. Dividends and Capital Gal Tax Rates for reference. The Fergusons reported making the following payments during the year: State income taxes of $4,850. Federal tax withholding of $21.000. Alimony payments to John's former wife of $10,900 (divorced in 2014). Child support payments for John's child with his former wife of $4,280. $12.380 of real property taxes. Sandy was reimbursed 5690 for employee business expenses she incurred. She was required to provide documentation for her expenses to her employer. $3,600 to Kid Care day care center for Samantha's care while John and Sandy worked. $15,800 interest on their home mortgage ($400,000 acquisition debt). $3,270 interest on a $43,600 home-equity loan. They used the loan to pay for a family vacation and new car. $15,900 cash charitable contributions to qualified charities Donation of used furniture to Goodwill. The furniture had a fair market value of $580 and cost $2.900. 21. Award: 0.40 points Awa a. What is the Fergusons 2019 federal income taxes payable or refund, including any self-employment tax and AMT, if applicable? (Round your intermediate computations to the nearest whole dollar amount.) 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 S 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over 59,700 $ 39,475 $ 84,200 54 543 plus 22% of the excess over $39,475 $ 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748 50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628 50 plus 35% of the excess over $204,100 $510,300 $153,798.50 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: S 19.400 10% of taxable income $ 19,400 $ 78,950 $1.940 plus 12% of the excess over $19.400 $ 78,950 $168,400 $9.086 plus 22% of the excess over $78,950 $168.400 $321,450 $28,765 plus 24% of the excess over $168.400 $321.450 $408,200 $65,497 plus 32% of the excess over $321,450 $408.200 $612,350 $93.257 plus 35% of the excess over $408.200 $612,350 $164,709.50 plus 37% of the excess over $612,350 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income $ 13,850 $ 52,850 $1,385 plus 12% of the excess over $13.850 $ 52,850 $ 84,200 $6,065 plus 22% of the excess over $52,850 S 84.200 $160,700 $12.962 plus 24% of the excess over $84,200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45,210 plus 35% of the excess over $204,100 $510,300 $152,380 plus 37% of the excess over S510,300 Schedule Y-2-Married Filing Separately $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628 50 plus 35% of the excess over $204,100 $510,300 - $153,798 50 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $ 0 $ 19,400 10% of taxable income $ 19,400 $ 78,950 $1,940 plus 12% of the excess over $19,400 $ 78,950 $168,400 $9,086 plus 22% of the excess over $78,950 $168,400 $321,450 $28,765 plus 24% of the excess over $168,400 $321,450 $408,200 $65,497 plus 32% of the excess over $321,450 $408.200 $612,350 $93,257 plus 35% of the excess over $408,200 $612,350 $164,709.50 plus 37% of the excess over $612,350 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income $ 13,850 $ 52,850 $1,385 plus 12% of the excess over $13,850 $ 52,850 $ 84,200 56,065 plus 22% of the excess over $52,850 $ 84,200 $160,700 $12.962 plus 24% of the excess over $84,200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45.210 plus 35% of the excess over $204,100 $510,300 $152,380 plus 37% of the excess over $510,300 Schedule Y-2-Married Filing Separately Ir taxable income is over: But not over: T he tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over 59,700 $ 39,475 S 84,200 $4,543 plus 22% of the excess over $39.475 S 84.200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748 50 plus 32% of the excess over $160,725 $204,100 $306,175 546,628 50 plus 35% of the excess over S204.100 $306.175 $82 354.75 plus 37% of the excess over $306,175 H artomedia medication.com Medis C h ap With Che study i Chade Plonial Tax Rates for Net Capital Gains and Qualified Dividends Taxable income Kate Married Filing Jointly Married Filing Separately Single Head of Household Trusts and Estates 0% $0 - $78,750 I S O - $39,375 $0 - $39,375 $0-$52.750 $0-$2,650 15% $78,751 - $488,850 $39,376 - $244,425 $39,376 - $434,550 $52,751 - $461,700 $2,651 - $12.950 20% S488,851+ $244 A26+ $434,551+ $461,701+ $12.951+ *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (nel capital gains and qualified dividends are included in taxable income last for this purpose)