Input Data: 1. Record ID 1650607.00 2. Tax Year 2021.00 3. State Code 7.00 CT 4. Marital Status 2.00 5. Age of primary taxpayer 47.00 47.00 6. Dependent Exemptions 0.00 8. Number of Dependents 3.00 9. Wage and salary income of primary taxpayer 20952.38 183333.33 10. Self-employment income of primary taxpayer 0.00 0.00 11. Dividend Income 0.00 12. Interest Received 218.91 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 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) 26229.58 Federal IIT Liability 24849.11 Record ID 1650607.0 State (SOI code) 7 CT State IIT Liability 10395.28 Year 2021 Marginal Rates wrt Weighted Average Earnings: Federal Marginal Rate 24.0 State Marginal Rate 6.0 Taxpayer liability for FICA 13933.55 Federal Tax Calculation: AMT Liability after credit for regular tax and other allowed credits 0.0 Child Care Credit 0.0 Child Tax Credit 6250.0 Earned Income Credit 0.0 FICA 13933.55 Federal AGI 204504.62 Federal Income Tax Before Credits 31099.11 Federal Regular Tax 31099.11 Federal Taxable Income 179404.62 Income for the Alternative Minimum Tax 204504.62 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 25100.0 State Tax Calculation: 32. AGI 204504.6 34. Standard Deduction 0.0 35. Itemized Deductions 0.0 36. Taxable Income 204504.6 37. Property Tax Credit 0.0 38. Child Care Credit 0.0 39. EIC 0.0 40. Total Credits 375.0 Child Tax Credit 0.0 State One-Time Rebate 0.0 Tax before credits 10770.3 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 6250.0