Input file (txpydata.raw)
state,mstat,intrec,year,opt1,opt1v,opt2,opt2v,taxsimid,idtl
4,1,100001,2023,30,20,88,1,1,5
 
Name: policyengine-us
Version: 1.247.1
Name: policyengine-us
Version: 1.247.1
 
Emulator Output (output.csv)

   Input Data:
        1. Record ID                                            1.00
        2. Tax Year                                          2023.00
        3. State Code                                           4.00 AR
        4. Marital Status                                       1.00
        5. Age (Txpyr/Spouse)                                   0.00        0.00
        6. Dependent Exemptions                                 0.00
        8. #deps for CCC/CTC/EIC                                0.00
        9. Wages (Txpyr/Spouse)                                 0.00        0.00
        10. Self-employment income                              0.00        0.00
        11. Dividend Income                                     0.00
        12. Interest Received                              100001.00
        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                                                 2023
        3. State (SOI code)                                  4    AR
        4. Federal IIT Liability                            14260.72
        5. State IIT Liability                               4407.37
        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                                     100001.0
        11. UI in AGI 1979+                                      0.0
        12. Social Security in AGI 84                            0.0
        13. Zero Bracket Amount                              13850.0
        14. Personal Exemptions                                  0.0
        17. Deductions allowed                               4590.07
        18. Federal Taxable Income                           86151.0
        19. Federal Regular Tax                             14260.72
        22. Child Tax Credit*17/22 98                            0.0
        23. Refundable Part                                      0.0
        24. Child Care Credit 1076+                              0.0
        25. Earned Income Credit 1975                            0.0
        26. Alternative Min Income                          100001.0
        27. AMT                                                  0.0
        28. Income Tax Before Credits                        14260.7
        29. FICA                                                 0.0
        QBI deduction                                            0.0

    State Tax Calculation:
        32. AGI                                             100001.0
        34. Standard Deduction                                2340.0
        35. Itemized Deductions                                  0.0
        36. Taxable Income                                   97661.0
        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                                   0.0
        Child Care Credit                                        0.0
        Child Tax Credit                                         0.0