Question $1-$ Determine Net Tax Due$($refunded$)$

Glen and Marina Haasgard are married taxpayers who provide you with the following information about their receipts and expenditures during $2023$

Receipts

Wages

$100,000$

Gift from parents

$30,000$

Interest from savings account

$750$

Proceeds from sale of Verizon stock

$27,000$

Expenditures

HSA contr

$6,000$

Mortgage Int

$18,000$

Char Contr

$8,000$

Estimated federal tax payments

$12,000$

Political contributions

$3,000$

Additional information.

They have one child, Jaime, who is $25$ and a full$-$time student. Jaime lives with them for the entire year and they provide all of his support.

They purchased the stock in August of $2022$ for $$17,000.$ It was sold in July of $2023.$

Their mortgage was taken out in $2015$ and had an average balance of $$700,000$ for the year

Required: What is the Haasgard's net tax due$($refunded$)$ for $2023?$