Input Data: 1. Record ID 2975939.00 2. Tax Year 2023.00 3. State Code 39.00 PA 4. Marital Status 2.00 5. Age of primary taxpayer 72.00 64.00 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 37635.92 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 201382.28 18. Gross Social Security 52915.54 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 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) 0.0 Federal IIT Liability 49243.0 Record ID 2975939.0 State (SOI code) 39 PA State IIT Liability 4246.64 Year 2023 Marginal Rates wrt Weighted Average Earnings: Federal Marginal Rate 27.8 State Marginal Rate 3.1 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 283996.4 Federal Income Tax Before Credits 47951.14 Federal Regular Tax 47951.14 Federal Taxable Income 254796.4 Income for the Alternative Minimum Tax 283996.4 Itemized Deductions in taxable income 0.0 Net Investment Income Tax 1291.86 Personal Exemptions 0.0 QBI deduction 0.0 Social Security in AGI 44978.21 UI in AGI 0.0 Zero Bracket Amount / Standard Deduction 29200.0 State Tax Calculation: 32. AGI 138327.1 34. Standard Deduction 0.0 35. Itemized Deductions 0.0 36. Taxable Income 138327.1 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 State One-Time Rebate 0.0 Tax before credits 4246.6 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