H and W are married and file a joint return for the current year. Both are under $65$ and have good vision. They have one child that is $10$ years old. H had wages of $$125,000$ and W had a net loss from her sole$-$proprietorship $($Sch$.$ C$)$ of $($$$2,300).$ They had Long$-$Term Capital gains of $$4,000,$ Qualified Dividends of $$1,000,$ Corporate bond interest of $$2,250,$ and municipal bond interest of $$500.$ In addition, H pays alimony of $$5,000($the agreement was entered into prior to $2018)$ and a NOL Carryforward of $$10,000.$ They have $$12,000$ of withholding. They have the following expenses related to itemizing deductions $($before any percentage limitations$)$ for the year: Medical and dental expenses before floor $$14,000$ Real estate taxes on their home $6,500$ Allowable home mortgage interest $11,000$ State income taxes paid $4,000$ Charitable contributions $2,000$ In the text box, calculate H and W$\text{'}$s tax due$($refund$),$ marginal tax rate, and effective tax rate. $($Show tax formula and all calculations$).$