Input Data: 1. Record ID 152.00 2. Tax Year 2024.00 3. State Code 33.00 NY 4. Marital Status 1.00 5. Age of primary taxpayer 75.00 40.00 6. Dependent Exemptions 0.00 8. Number of Dependents 0.00 9. Wage and salary income of primary taxpayer 109246904.00 0.00 10. Self-employment income of primary taxpayer 0.00 0.00 11. Dividend Income 0.00 12. Interest Received 1538932.80 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 50270.32 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 and secondary Taxpayer's active QBI 0.00 28. Primary and secondary taxpayer's Specialized Service Trade or Business service 0.00 Basic Output: FICA (OADSI and HI, sum of employee AND employer including Additional Medicare Tax) 0.0 Federal IIT Liability 41019904.0 Record ID 152.0 State (SOI code) 33 NY State IIT Liability 11928084.0 Year 2024 Marginal Rates wrt Weighted Average Earnings: Taxpayer liability for FICA 2575955.2 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 2575955.2 Federal AGI 110836110.0 Federal Income Tax Before Credits 40961424.0 Federal Regular Tax 40961424.0 Federal Taxable Income 110819560.0 Income for the Alternative Minimum Tax 110836110.0 Itemized Deductions in taxable income 0.0 Net Investment Income Tax 58479.44 Personal Exemptions 0.0 QBI deduction 0.0 Social Security in AGI 0.0 UI in AGI 0.0 Zero Bracket Amount / Standard Deduction 16550.0 State Tax Calculation: 32. AGI 110816110.0 34. Standard Deduction 8000.0 35. Itemized Deductions 0.0 36. Taxable Income 110808110.0 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 0.0 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