Input Data:
        1. Record ID                                      4034616.00
        2. Tax Year                                          2021.00
        3. State Code                                          16.00 IA
        4. Marital Status                                       1.00
        5. Age of primary taxpayer                             41.00       40.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 1.00
        9. Wage and salary income of primary taxpayer       94285.71        0.00
        10. Self-employment income of primary taxpayer           0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                                2773.00
        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                                    0.00
        18. Gross Social Security                               0.00
        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                              2706.75
        25. Mortgage Interest                                   0.00
        26. S-Corp profits                                      0.00
        27. Primary taxpayer's active QBI                       0.00        0.00
        27b. Spouse'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)       14425.71
        Federal IIT Liability                                4359.54
        Record ID                                          4034616.0
        State (SOI code)                                    16    IA
        State IIT Liability                                  4313.37
        Year                                                    2021

    Marginal Rates wrt Weighted Average Earnings:
        Federal Marginal Rate                                   22.0
        State Marginal Rate                                      6.7
        Taxpayer liability for FICA                          7212.86

    Federal Tax Calculation:
        AMT Liability after credit for regular tax and other allowed credits            0.0
        Child Care Credit                                    1353.38
        Child Tax Credit                                      3000.0
        Earned Income Credit                                     0.0
        FICA                                                 7212.86
        Federal AGI                                         97058.71
        Federal Income Tax Before Credits                   11512.92
        Federal Regular Tax                                 11512.92
        Federal Taxable Income                              78258.71
        Income for the Alternative Minimum Tax              97058.71
        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                                   0.0
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             18800.0

    State Tax Calculation:
        32. AGI                                              97058.7
        34. Standard Deduction                                5240.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                   80305.8
        37. Property Tax Credit                                  0.0
        38. Child Care Credit                                  406.0
        39. EIC                                                  0.0
        40. Total Credits                                     526.01
        Child Tax Credit                                         0.0
        State One-Time Rebate                                    0.0
        Tax before credits                                    4839.4

    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                                2800.0
        Refundable Part of CTC                                3000.0