Input Data: 1. Record ID 135.00 2. Tax Year 2023.00 3. State Code 6.00 CO 4. Marital Status 2.00 5. Age (Txpyr/Spouse) 23.00 23.00 6. Dependent Exemptions 0.00 8. #deps for CCC/CTC/EIC 1.00 9. Wages (Txpyr/Spouse) 20000.00 10000.00 10. Self-employment income 0.00 0.00 11. Dividend Income 0.00 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 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 2000.00 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 135.0 2. Year 2023 3. State (SOI code) 6 CO 4. Federal IIT Liability -5294.58 5. State IIT Liability -3461.09 6. SS Payroll Tax Liability 1530.0 Marginal Rates wrt Weighted Average Earnings: 9. Weighted Payroll Tax Rate 2295.0 Federal Tax Calculation: 10. Federal AGI 30000.0 11. UI in AGI 1979+ 0.0 12. Social Security in AGI 84 0.0 13. Zero Bracket Amount 27700.0 14. Personal Exemptions 0.0 17. Deductions allowed 1336.8 18. Federal Taxable Income 2300.0 19. Federal Regular Tax 230.0 22. Child Tax Credit*17/22 98 2000.0 23. Refundable Part 1600.0 24. Child Care Credit 1076+ 540.0 25. Earned Income Credit 1975 3694.58 26. Alternative Min Income 30000.0 27. AMT 0.0 28. Income Tax Before Credits 230.0 29. FICA 2295.0 QBI deduction 0.0 State Tax Calculation: 32. AGI 0.0 34. Standard Deduction 0.0 35. Itemized Deductions 0.0 36. Taxable Income 2300.0 37. Property Tax Credit 0.0 38. Child Care Credit 115.0 39. EIC 1847.29 40. Total Credits 0.0 Child Tax Credit 0.0 Tax before credits 101.2 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 540.0 Child Tax Credit 540.0