Jax, 35, and Tara, 34, are married and have two kids Abel, 6, and Thomas, 6 months. Gemma, Jax's mother, also lives with Jax and Tara.

They provide all of her support.

Jax makes $150,000 as CEO of SOA, Inc. Tara makes $100,000 as a doctor. Jax owns several financial investments. In total these investments earned $1,500 in interest (including $500 from State of California Bonds) and $2,000 in unqualified (taxable) dividends.

Tara receives two awards for her medical research: Award A is for $5,000 and Award B is for $10,000. She immediately designates a qualified charity to receive Award B. She also receives a picture frame from her employer worth $250 in recognition of her 5 year anniversary with her company.

SOA, Inc. provides all employees with a high deductible health insurance plan. Jax contributes the maximum to his health savings account.

He also receives the following fringe benefits: $50,000 in group-term life insurance (the premiums are $1,000 annually) and free coffee in the break room (estimated value $100).

Jax loaned his friend and co-worker Bobby $10,000 in 2015. This is a 0% on demand note. Bobby had not repaid the note as of December 2016 (in fact he has gone missing). The federal stated rate is 5%.

Jax and Tara provide you with the additional following information:

• They donated $15,000 to their sons' school (a qualified charity)

• Abel and Thomas had $5,000 in medical expenses

• Jax took a course at a local university on conflict management so he could more aptly manage conflict between co-workers. The course cost $2,500.

• Tara went to two conferences to complete continuing education. These courses were a requirement for her job. They cost $10,000 and she was not reimbursed.

• Jax and Tara had mortgage interest of $10,000 and property taxes of $5,000.

• Jax had $4,000 of investment interest expense.

• Jax had $25,000 withheld from his paycheck and Tara had $4,000 withheld from hers.

What is Jax and Tara's tax due/refund?