Input file (txpydata.raw)
taxsimid,year,state,mstat,page,sage,depx,pwages,psemp,swages,intrec,stcg,ltcg,pensions,gssi,pui,childcare,age1,age2,idtl,opt1,opt1v
34290,2025,35,1,57,0,0,1937313.4,951936.31,0,310312.72,22509.582,4020536.8,560537.38,0,0,0,0,0,5,30,1
 
Name: policyengine-us
Version: 1.570.7
Name: policyengine-taxsim
Version: 2.14.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                        34290.00
        2. Tax Year                                          2025.00
        3. State Code                                          35.00 ND
        4. Marital Status                                       1.00
        5. Age of primary taxpayer                             57.00       40.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 0.00
        9. Wage and salary income of primary taxpayer     1937313.40        0.00
        10. Self-employment income of primary taxpayer      951936.31
        11. Dividend Income                                     0.00
        12. Interest Received                              310312.72
        13. Short Term Gains                                22509.58
        14. Long Term Gains                               4020536.80
        15. Other Property                                      0.00
        16. Other Non-Property                                  0.00
        17. Taxable Pensions                               560537.38
        18. Gross Social Security                               0.00
        19. Tot/Txpy/Spouse UI                                  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                              2315576.8
        Record ID                                            34290.0
        State (SOI code)                                    35    ND
        State IIT Liability                                151869.05
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Taxpayer liability for FICA                         88051.36

    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                                                88051.36
        Federal AGI                                        7790398.5
        Federal Income Tax Before Credits                  2150149.0
        Federal Regular Tax                                1346041.8
        Federal Taxable Income                             7774649.0
        Income for the Alternative Minimum Tax             7790398.5
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                          165427.64
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                                   0.0
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             15750.0

    State Tax Calculation:
        32. AGI                                                  0.0
        34. Standard Deduction                                   0.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                 6166434.0
        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