Input file (txpydata.raw)
taxsimid,year,state,mstat,page,sage,depx,pwages,psemp,swages,ssemp,dividends,intrec,stcg,ltcg,otherprop,nonprop,pensions,gssi,pui,sui,transfers,rentpaid,proptax,otheritem,childcare,mortgage,scorp,idtl,age1,age2,opt1,opt1v
247124,2025,24,2,27,29,0,20000,0,10000,0,0,7433.5439,0,0,0,0,0,0,0,0,0,71005.445,0,0,0,0,0,5,0,0,30,124
 
Name: policyengine-us
Version: 1.712.1
Name: policyengine-taxsim
Version: 2.21.12
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                       247124.00
        2. Tax Year                                          2025.00
        3. State Code                                          24.00 MN
        4. Marital Status                                       2.00
        5. Age of primary taxpayer                             27.00       29.00
        6. Dependent Exemptions                                 0.00
        8. Number of Dependents                                 0.00
        9. Wage and salary income of primary taxpayer       20000.00    10000.00
        10. Self-employment income of primary taxpayer           0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                                7433.54
        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                                    0.00
        18. Gross Social Security                               0.00
        19. Tot/Txpy/Spouse UI                                  0.00        0.00
        20. Non-taxable Transfers                               0.00
        21. Rent Paid                                       71005.45
        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 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                                 593.35
        Record ID                                           247124.0
        State (SOI code)                                    24    MN
        State IIT Liability                                    23.84
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Federal Marginal Rate                                   10.0
        State Marginal Rate                                      5.3
        Taxpayer liability for FICA                           2295.0

    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                                                  2295.0
        Federal AGI                                         37433.54
        Federal Income Tax Before Credits                     593.35
        Federal Regular Tax                                   593.35
        Federal Taxable Income                               5933.54
        Income for the Alternative Minimum Tax              37433.54
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                                0.0
        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                                              37433.5
        34. Standard Deduction                               29900.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                    7533.5
        37. Property Tax Credit                                  0.0
        38. Child Care Credit                                    0.0
        39. EIC                                                  0.0
        40. Total Credits                                      379.2
        Child Tax Credit                                       379.2
        Tax before credits                                     403.0

    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
        Refundable Part of CTC                                   0.0