Input file (txpydata.raw)
taxsimid,year,state,mstat,page,sage,depx,pwages,swages,dividends,intrec,pensions,gssi,rentpaid,proptax,childcare,mortgage,age1,age2,idtl,opt1,opt1v
54922,2025,20,1,65,0,2,0,0,0,2.9151154,259848.09,30000,0,30000,3000,20000,2,11,5,30,1
 
Name: policyengine-us
Version: 1.570.7
Name: policyengine-taxsim
Version: 2.21.1
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                        54922.00
        2. Tax Year                                          2025.00
        3. State Code                                          20.00 ME
        4. Marital Status                                       1.00
        5. Age of primary taxpayer                             65.00       40.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 2.00
        9. Wage and salary income of primary taxpayer           0.00        0.00
        10. Self-employment income of primary taxpayer           0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                                   2.92
        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                               259848.09
        18. Gross Social Security                           30000.00
        19. Tot/Txpy/Spouse UI                                  0.00        0.00
        20. Non-taxable Transfers                               0.00
        21. Rent Paid                                           0.00
        22. Property Taxes Paid                             30000.00
        23. Other Itemized Deds                                 0.00
        24. Child Care Expenses                              3000.00
        25. Mortgage Interest                               20000.00
        26. S-Corp profits                                      0.00
        27. Primary and secondary Taxpayer'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)            0.0
        Federal IIT Liability                               50536.43
        Record ID                                            54922.0
        State (SOI code)                                    20    ME
        State IIT Liability                                 15664.81
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Federal Marginal Rate                                    6.0
        State Marginal Rate                                      2.2
        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                                         285351.0
        Federal Income Tax Before Credits                   50636.32
        Federal Regular Tax                                 50636.32
        Federal Taxable Income                              235351.0
        Income for the Alternative Minimum Tax              265351.0
        Itemized Deductions in taxable income                50000.0
        Net Investment Income Tax                               0.11
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                               25500.0
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             25625.0

    State Tax Calculation:
        32. AGI                                             241635.0
        34. Standard Deduction                               25625.0
        35. Itemized Deductions                              36300.0
        36. Taxable Income                                  229752.6
        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                                   15664.8

    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                                   0.0