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
7636913,2025,13,2,62,66,0,20000,0,10000,5922.9575,0,383435.28,0,0,0,0,8087.8892,0,0,0,0,0,0,0,0,0,446482.28,5,0,0,30,1
 
Name: policyengine-us
Version: 1.715.2
Name: policyengine-taxsim
Version: 2.23.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                      7636913.00
        2. Tax Year                                          2025.00
        3. State Code                                          13.00 ID
        4. Marital Status                                       2.00
        5. Age of primary taxpayer                             62.00       66.00
        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     5922.96
        11. Dividend Income                                     0.00
        12. Interest Received                              383435.28
        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                                 8087.89
        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                                 446482.28
        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                              249584.72
        Record ID                                          7636913.0
        State (SOI code)                                    13    ID
        State IIT Liability                                 43721.76
        Year                                                    2025

    Marginal Rates wrt Weighted Average Earnings:
        Federal Marginal Rate                                   37.0
        State Marginal Rate                                      5.3
        Taxpayer liability for FICA                          3131.89

    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                                                 3131.89
        Federal AGI                                        873509.94
        Federal Income Tax Before Credits                  235014.19
        Federal Regular Tax                                235014.19
        Federal Taxable Income                             840409.94
        Income for the Alternative Minimum Tax             873509.94
        Itemized Deductions in taxable income                    0.0
        Net Investment Income Tax                           14570.54
        Personal Exemptions                                      0.0
        QBI deduction                                            0.0
        Social Security in AGI                                   0.0
        UI in AGI                                                0.0
        Zero Bracket Amount / Standard Deduction             33100.0

    State Tax Calculation:
        32. AGI                                             873509.9
        34. Standard Deduction                               33100.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                  840409.9
        37. Property Tax Credit                                  0.0
        38. Child Care Credit                                    0.0
        39. EIC                                                  0.0
        40. Total Credits                                      310.0
        Child Tax Credit                                         0.0
        Tax before credits                                   44031.8

    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