Input file (txpydata.raw)
taxsimid,mstat,intrec,opt1,opt1v,opt2,opt2v,idtl,year,depx,age1,state
1,1,79999,30,1,88,1,5,2024,1,10,03
 
Name: policyengine-us
Version: 1.181.0
Name: policyengine-us
Version: 1.181.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                            1.00
        2. Tax Year                                          2024.00
        3. State Code                                           3.00 AZ
        4. Marital Status                                       1.00
        5. Age (Txpyr/Spouse)                                   0.00        0.00
        6. Dependent Exemptions                                 0.00
        8. #deps for CCC/CTC/EIC                                1.00
        9. Wages (Txpyr/Spouse)                                 0.00        0.00
        10. Self-employment income                              0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                               79999.00
        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                                    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                                           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. Txpy/Spouse QBI w/o PO                              0.00
        28. Txpy/Spouse SSTB w PO                               0.00

    Basic Output:
        1. Record ID                                             1.0
        2. Year                                                 2024
        3. State (SOI code)                                  3    AZ
        4. Federal IIT Liability                             4640.88
        5. State IIT Liability                               1379.98
        6. SS Payroll Tax Liability                              0.0

    Marginal Rates wrt Weighted Average Earnings:
        9. Weighted Payroll Tax Rate                             0.0

    Federal Tax Calculation:
        10. Federal AGI                                      79999.0
        11. UI in AGI 1979+                                      0.0
        12. Social Security in AGI 84                            0.0
        13. Zero Bracket Amount                              21900.0
        14. Personal Exemptions                                  0.0
        17. Deductions allowed                               1653.72
        18. Federal Taxable Income                           58099.0
        19. Federal Regular Tax                              6640.88
        22. Child Tax Credit*17/22 98                         2000.0
        23. Refundable Part                                      0.0
        24. Child Care Credit 1076+                              0.0
        25. Earned Income Credit 1975                            0.0
        26. Alternative Min Income                           79999.0
        27. AMT                                                  0.0
        28. Income Tax Before Credits                         6640.9
        29. FICA                                                 0.0
        QBI deduction                                            0.0

    State Tax Calculation:
        32. AGI                                              79999.0
        34. Standard Deduction                               20800.0
        35. Itemized Deductions                              1653.72
        36. Taxable Income                                   59199.0
        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                                   1479.98

    TCJA 2018+:
        42. QBI Deduction                                        0.0

    Additional Medicare Taxes 2013+:
        Net Investment Income Tax                                0.0

    Decomposition of Federal Marginal Rate 
 (taxpayer earned income) 
 Regular Income Tax:
        Cares Recovery Rebates                                   0.0
        Child Care Credit                                        0.0
        Child Tax Credit                                         0.0