Use the information below to answer the following questions for this taxpayer's 2020 1040. Taxpayers: Joe and Renee Smith 1010 Main Street Modesto, CA 95350 W-2's: Joe Smith DOB 6/1/66 Wages 75,000.00 Federal Withholding 15,000.00 State Withholding 500.00 SS Withholding 4,650.00 Medicare Withholding 1,087.50 Renee Smith DOB 7/15/68 Wages 15,000.00 Federal Withholding 2,250.00 State Withholding 300.00 SS Withholding 930.00 Medicare Withholding 217.50 Other Income: Interest Income Bank of America 100.00 No other dependents, no other income, no itemized deductions. They had health insurance all year, and it was provided through Joe's employer. They will be filing MFJ 1. Compute Taxable income: 2. Compute Tax