Input file (txpydata.raw)
taxsimid,year,state,mstat,page,sage,depx,pwages,psemp,swages,ssemp,dividends,intrec,stcg,ltcg,otherprop,nonprop,pensions,gssi,pui,sui,transfers,rentpaid,proptax,otheritem,childcare,mortgage,scorp,idtl,opt1,opt1v
3749850,2025,50,2,75,75,0,0,0,0,0,0,43763.168,0,0,0,0,88781.438,100384.26,0,0,0,0,0,0,0,0,0,5,30,150
 
Name: policyengine-us
Version: 1.745.0
Name: policyengine-taxsim
Version: 2.26.9
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                      3749850.00
        2. Tax Year                                          2025.00
        3. State Code                                          50.00 WI
        4. Marital Status                                       2.00
        5. Age of primary taxpayer                             75.00       75.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 0.00
        9. Wage and salary income of primary taxpayer           0.00        0.00
        10. Self-employment income of primary taxpayer           0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                               43763.17
        13. Short Term Gains                                    0.00
        14. Long Term Gains                                     0.00
        15. Other Property                                      0.00
        16. Other Non-Property                                  0.00
        17. Taxable Pensions                                88781.44
        18. Gross Social Security                          100384.26
        19. Tot/Txpy/Spouse UI                                  0.00        0.00
        20. Non-taxable Transfers                               0.00
        21. Rent Paid                                           0.00
        22. Property Taxes Paid                                 0.00
        23. Other Itemized Deds                                 0.00
        24. Child Care Expenses                                 0.00
        25. Mortgage Interest                                   0.00
        26. S-Corp profits                                      0.00
        27. Primary and secondary Taxpayer's active QBI           0.00
        28. Primary taxpayer's SSTB self-employment income           0.00        0.00
        28b. Spouse's SSTB self-employment income               0.00

    Basic Output:
        FICA (OADSI and HI, sum of employee AND employer including Additional Medicare Tax)            0.0
        Federal IIT Liability                               29277.47
        Record ID                                          3749850.0
        State (SOI code)                                    50    WI
        State IIT Liability                                  3353.26
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Federal Marginal Rate                                   24.6
        State Marginal Rate                                      6.3
        Taxpayer liability for FICA                              0.0

    Federal Tax Calculation:
        AMT Liability after credit for regular tax and other allowed credits            0.0
        Child Care Credit                                        0.0
        Child Tax Credit                                         0.0
        Earned Income Credit                                     0.0
        FICA                                                     0.0
        Federal AGI                                        217871.23
        Federal Income Tax Before Credits                   29277.47
        Federal Regular Tax                                 29277.47
        Federal Taxable Income                             179315.78
        Income for the Alternative Minimum Tax             214015.78
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                                0.0
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                              85326.62
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             34700.0

    State Tax Calculation:
        32. AGI                                             132544.6
        34. Standard Deduction                                4474.7
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                  126169.9
        37. Property Tax Credit                                  0.0
        38. Child Care Credit                                    0.0
        39. EIC                                                  0.0
        40. Total Credits                                        0.0
        Child Tax Credit                                         0.0
        Tax before credits                                    5897.2

    TCJA 2018+:
        42. Earned Self-Employment Income for FICA               0.0

    Additional Medicare Taxes 2013+:
        Medicare Tax on Unearned Income                          0.0

    Decomposition of Federal Marginal Rate 
 (taxpayer earned income) 
 Regular Income Tax:
        Cares Recovery Rebates                                   0.0
        Refundable Part of CTC                                   0.0