Input file (txpydata.raw)
taxsimid,year,mstat,depx,pwages,swages,mortgage,page,opt1,opt1v,opt2,opt2v,idtl,state,statefip
204,2021,2,3,100000,0,40000,40,30,1,88,1,5,08,2394
 
Name: policyengine-us
Version: 1.190.0
Name: policyengine-us
Version: 1.190.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                          204.00
        2. Tax Year                                          2021.00
        3. State Code                                           8.00 DE
        4. Marital Status                                       2.00
        5. Age (Txpyr/Spouse)                                  40.00
        6. Dependent Exemptions                                 0.00
        8. #deps for CCC/CTC/EIC                                3.00
        9. Wages (Txpyr/Spouse)                            100000.00        0.00
        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                                 0.00
        25. Mortgage Interest                               40000.00
        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                                           204.0
        2. Year                                                 2021
        3. State (SOI code)                                  8    DE
        4. Federal IIT Liability                            -9842.28
        5. State IIT Liability                                2393.5
        6. SS Payroll Tax Liability                           7650.0

    Marginal Rates wrt Weighted Average Earnings:
        9. Weighted Payroll Tax Rate                          7650.0

    Federal Tax Calculation:
        10. Federal AGI                                     100000.0
        11. UI in AGI 1979+                                      0.0
        12. Social Security in AGI 84                            0.0
        13. Zero Bracket Amount                              25100.0
        14. Personal Exemptions                                  0.0
        17. Deductions allowed                               45369.0
        18. Federal Taxable Income                           54631.0
        19. Federal Regular Tax                              6157.72
        22. Child Tax Credit*17/22 98                         9000.0
        23. Refundable Part                                   9000.0
        24. Child Care Credit 1076+                              0.0
        25. Earned Income Credit 1975                            0.0
        26. Alternative Min Income                           60000.0
        27. AMT                                                  0.0
        28. Income Tax Before Credits                         6157.7
        29. FICA                                              7650.0
        QBI deduction                                            0.0

    State Tax Calculation:
        32. AGI                                             100000.0
        34. Standard Deduction                                6500.0
        35. Itemized Deductions                              40000.0
        36. Taxable Income                                   60000.0
        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                                       0.0

    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                                7000.0
        Child Care Credit                                        0.0
        Child Tax Credit                                         0.0