$******$

Tax Information for the Martins for $2023$:

Wages: Sarah $($$$77,000),$ James $($$$63,500)$

Interest Income: $$1,900$

Dividend Income: $$800$

Long$-$term capital gains: $$4,300$

Qualified Business Income $($QBI$)$ from Sarah's sole proprietorship: $$52,000$

Itemized Deductions: Medical Expenses: $$8,000,$ State and Local Taxes: $$11,500,$ Charitable Contributions: $$3,500$

Allowable deduction for self$-$employment tax: $$4,000$

Calculate Sarah and James's:

Adjusted Gross Income $($AGI$)$

Taxable Income

Potential Child Tax Credits