For 2020, Katherine a medical doctor earns $80,000 in wages. Her husband John does not work. During the year, she buys $10,000 of Amazon stock and sells it for $12,000, and buys $15,000 of Tilray stock and sells it for $9,000. These are the only financial transactions for the couple who file a married filing jointly tax status. They have no children and use the standard deduction. Their 2020 taxable income is: