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
48888,2025,50,1,85,0,0,0,0,0,18145.135,11677.241,85654.781,71458.227,19428.586,0,0,0,0,5,30,1
 
Name: policyengine-us
Version: 1.570.7
Name: policyengine-taxsim
Version: 2.14.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                        48888.00
        2. Tax Year                                          2025.00
        3. State Code                                          50.00 WI
        4. Marital Status                                       1.00
        5. Age of primary taxpayer                             85.00       40.00
        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
        11. Dividend Income                                     0.00
        12. Interest Received                               18145.13
        13. Short Term Gains                                11677.24
        14. Long Term Gains                                 85654.78
        15. Other Property                                      0.00
        16. Other Non-Property                                  0.00
        17. Taxable Pensions                                71458.23
        18. Gross Social Security                           19428.59
        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                               29903.18
        Record ID                                            48888.0
        State (SOI code)                                    50    WI
        State IIT Liability                                  6631.02
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        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                                        203449.69
        Federal Income Tax Before Credits                    29772.1
        Federal Regular Tax                                 16923.88
        Federal Taxable Income                             185699.69
        Income for the Alternative Minimum Tax             203449.69
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                             131.09
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                               16514.3
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             17750.0

    State Tax Calculation:
        32. AGI                                            161238.94
        34. Standard Deduction                                   0.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                 160288.94
        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