In $2023,$ Tom and Alejandro Jackson $($married filing jointly$)$ have $$264,000$ of taxable income before considering the following events: $($Use the dividends and capital gains tax rates and tax rate schedules.$)$

a$.$ On May $12,2023,$ they sold a painting $($art$)$ for $$118,000$ that was inherited from Grandma on July $23,2021.$ The fair market value on the date of Grandma's death was $$94,000,$ and Grandma's adjusted basis of the painting was $$26,600.$

b$.$ They applied a long$-$term capital loss carryover from $2022$ of $$10,800.$

c$.$ They recognized a $$12,400$ loss on the $\frac{11}{1}\frac{?}{2023}$ sale of bonds $($acquired on $\frac{5}{12}\frac{?}{2013}).$

d$.$ They recognized a $$4,480$ gain on the $\frac{12}{12}\frac{?}{2023}$ sale of IBM stock $($NYSE: IBM$)($acquired on $\frac{2}{5}\frac{?}{2023}).$

e$.$ They recognized a $$18,920$ gain on the $\frac{10}{17}\frac{?}{2023}$ sale of rental property $($the only $$1231$ transaction$),$ of which $$9,280$ is reportable as gain subject to the $25$ percent maximum rate and the remaining $$9,640$ is subject to the $0,15,$ or $20$ percent maximum rates $($the property was acquired on $\frac{8}{2}\frac{?}{2017}).$

f$.$ They recognized a $$12,800$ loss on the $\frac{12}{20}\frac{?}{2023}$ sale of bonds $($acquired on $\frac{1}{18}\frac{?}{2023}).$

g$.$ They recognized a $$7,400$ gain on the $\frac{6}{27}\frac{?}{2023}$ sale of $BH$ stock $($acquired on $\frac{7}{30}\frac{?}{2014}).$

h$.$ They recognized an $$11,800$ loss on the $\frac{6}{13}\frac{?}{2023}$ sale of QuikCo stock $($acquired on $\frac{3}{20}\frac{?}{2016}).$

i$.$ They received $$820$ of qualified dividends on $\frac{7}{15}\frac{?}{2023}.$

Complete the required capital gains netting procedures and calculate the Jacksons' $2023$ tax liability.

Total tax liability