Sandy and John Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. They file Married Filing Jointly. In 2022, Sandy worked as a computer technician at a local university, earning a salary of $152,000, and John worked part time as a receptionist for a law firm, earning a salary of $29,000. John also does some Web design work on the side and reported revenues of $4,000. The web design business does not count as qualified business income. The Fergusons also received $800 in qualified dividends. The Fergusons reported making the following payments during the year:

State income taxes of $4,400. Federal tax withholding of $21,000.

$12,200 of real property taxes.

$3,600 to Kid Care day care center for Samanthas care while Sandy and John worked.

$3,200 contribution to a qualified IRA account.

$14,000 interest on their home mortgage. $3,000 interest on a personal credit card.

$15,000 cash charitable contributions to qualified charities.

Donation of used furniture to Goodwill. The furniture had a fair market value of $400.

A) What is the Fergusons Adjusted Gross Income?

B) What is the Fergusons Taxable Income? What is the Fergusons total tax liability? Note: you may ignore self-employment taxes for purposes of this example.

C) Will the Fergusons have tax due or a tax refund when they file their 2022 income taxes?