Input Data:
        1. Record ID                                        44431.00
        2. Tax Year                                          2025.00
        3. State Code                                          16.00 IA
        4. Marital Status                                       2.00
        5. Age of primary taxpayer                             54.00       55.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 2.00
        9. Wage and salary income of primary taxpayer       11383.22    10000.00
        10. Self-employment income of primary taxpayer           0.00        0.00
        11. Dividend Income                               2111466.50
        12. Interest Received                                   0.00
        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                               262798.44
        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                              547315.44
        Record ID                                            44431.0
        State (SOI code)                                    16    IA
        State IIT Liability                                 84684.46
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Taxpayer liability for FICA                          1635.82

    Federal Tax Calculation:
        AMT Liability after credit for regular tax and other allowed credits       15817.19
        Child Care Credit                                        0.0
        Child Tax Credit                                         0.0
        Earned Income Credit                                     0.0
        FICA                                                 1635.82
        Federal AGI                                        2395648.2
        Federal Income Tax Before Credits                  451262.47
        Federal Regular Tax                                 46337.62
        Federal Taxable Income                             2364148.2
        Income for the Alternative Minimum Tax             2395648.2
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                           80235.72
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                                   0.0
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             31500.0

    State Tax Calculation:
        32. AGI                                            2232749.0
        34. Standard Deduction                               31500.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                 2232749.0
        37. Property Tax Credit                                  0.0
        38. Child Care Credit                                    0.0
        39. EIC                                                  0.0
        40. Total Credits                                      160.0
        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