Input file (txpydata.raw)
taxsimid,year,mstat,depx,pwages,swages,mortgage,proptax,page,opt1,opt1v,opt2,opt2v,idtl,state,statefip
206,2021,2,3,100000,00000,30000,10000,40,30,1,88,1,5,47,17367
 
Name: policyengine-us
Version: 1.190.0
Name: policyengine-us
Version: 1.190.0
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                          206.00
        2. Tax Year                                          2021.00
        3. State Code                                          47.00 VA
        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                             10000.00
        23. Other Itemized Deds                                 0.00
        24. Child Care Expenses                                 0.00
        25. Mortgage Interest                               30000.00
        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                                           206.0
        2. Year                                                 2021
        3. State (SOI code)                                 47    VA
        4. Federal IIT Liability                            -8626.05
        5. State IIT Liability                               3500.12
        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                              35233.75
        18. Federal Taxable Income                          64766.25
        19. Federal Regular Tax                              7373.95
        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                           70000.0
        27. AMT                                                  0.0
        28. Income Tax Before Credits                         7373.9
        29. FICA                                              7650.0
        QBI deduction                                            0.0

    State Tax Calculation:
        32. AGI                                             100000.0
        34. Standard Deduction                                9000.0
        35. Itemized Deductions                              30000.0
        36. Taxable Income                                   65350.0
        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                                   3500.12

    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