Charles Smith won a million dollar lawsuit in 2017 against a pretend doctor. Smith attorney kept $400,000 and Smith got $600,000. On his 2017 tax return, Smith reported $600,000 income on his tax return. But the IRS had a different approach to the income reported by Smith. Smith is married to Martha and they filed a joint tax return for 2017-use standard deduction with no children. . Calculate the tax liability for Smith under IRSs approach and under Smiths approach. Assume he won the law suit in 2018. File his tax return for 2018-both ways, the way he filed and the way IRS will file. IRS, Code Irs Publication, Explain the law before 2018, and explain the law after 2017