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During 2020Jaime and Claire, who are married, have four dependent children, three of whom are under the age of 17 and one of whom is a full-time student who is taking all courses online from a local university and who is 22 years old. Jalme and Claire are both 54 years old, and have the following information for their joint tax return for 2020: Salaries $ 390,000 - Interest income19,840 - Short-term capital gain 32,000 - Long- term capital loss ....... 12,000 - Qualified medical expenses before the floor. 41,638 - State and local sales taxes paid (the state has no income tax) 10.800 - Real property taxes on their home 12,000 - Mortgage interest expense on their home ( acquired in 2018 with acquisition indebtedness of $ 710,000) 20,160 - Interest paid on a home equity loan taken out in 2019 to pay off their credit card bills 3,400 Cash contribution to Eastern Washington University 4,500 -Unreimbursed employee expenses and fees paid to have a CPA prepare their personal tax return 7,000 Compute Jaime and Claire's taxable income for 2020 and the amount of any tax that they still owe or the refund that is due to them after all allowable credits and assuming that they have had withholding and made prepayments of federal taxes totaling $ 83,980.60 during 2020. Ignore any net investment income tax

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