policyengine-us 1.353.0__py3-none-any.whl → 1.355.0__py3-none-any.whl

policyengine_us/parameters/gov/aca/ineligible_immigration_statuses.yaml

@@ -5,6 +5,15 @@ values:
     - UNDOCUMENTED
     - TPS 
 
+  2027-01-01:
+    - DACA_TPS #daca is eligible for PTC
+    - UNDOCUMENTED
+    - TPS 
+    - ASYLEE
+    - DEPORTATION_WITHHELD
+    - PAROLED_ONE_YEAR
+
+
 metadata:
   label: Reconciliation Premium Tax Credit immigration status adjustment in effect
   period: year
@@ -12,3 +21,5 @@ metadata:
   reference:
     - title: 26 CFR § 1.36B-1 - Premium tax credit definitions.
       href: https://www.law.cornell.edu/cfr/text/26/1.36B-1#(g)
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/hhs/medicaid/eligibility/work_requirements/age_range.yaml

@@ -0,0 +1,25 @@
+description: The Department of Health and Human Services requires individuals within these age brackets to meet Medicaid work requirements.
+metadata:
+  threshold_unit: year
+  amount_unit: bool
+  period: year
+  type: single_amount
+  label: Medicaid work requirements age threshold
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+
+brackets:
+  - threshold:
+      2027-01-01: 0
+    amount: 
+      2027-01-01: false
+  - threshold: 
+      2027-01-01: 19
+    amount: 
+      2027-01-01: true
+  - threshold: 
+      2027-01-01: 65
+    amount: 
+      2027-01-01: false

policyengine_us/parameters/gov/hhs/medicaid/eligibility/work_requirements/applies.yaml

@@ -0,0 +1,13 @@
+description: The Department of Health and Human Services limits Medicaid to filers who meet work requirements, if this is true. 
+
+values:
+  0000-01-01: false
+  2027-01-01: true
+
+metadata:
+  unit: bool
+  period: year
+  label: Medicaid work requirements apply
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/hhs/medicaid/eligibility/work_requirements/dependent_age_limit.yaml

@@ -0,0 +1,12 @@
+description: The Department of Health and Human Services exempts Medicaid work requirement to individuals with a dependent child at this age or younger.
+
+values:
+  2027-01-01: 13
+
+metadata:
+  unit: year
+  label: Medicaid work requirement dependent child age limit
+  period: year
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/hhs/medicaid/eligibility/work_requirements/monthly_hours_threshold.yaml

@@ -0,0 +1,12 @@
+description: The Department of Health and Human Services limits Medicaid to individuals working more than this number of monthly hours.
+
+values:
+  2027-01-01: 80
+
+metadata:
+  unit: hours
+  label: Medicaid work requirement monthly hours threshold
+  period: month
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/amended_structure/applies.yaml

@@ -0,0 +1,13 @@
+description: The IRS phases the Child and Dependent Care Credit rate out at an amended structure, if this is true.
+
+values:
+  0000-01-01: false
+  2026-01-01: true
+
+metadata:
+  unit: bool
+  period: year
+  label: CDCC amended phase-out structure in effect
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/amended_structure/second_increment.yaml

@@ -0,0 +1,19 @@
+description: The IRS phases the Child and Dependent Care Credit rate out in increments of adjusted gross income above the second threshold, based on filing status.
+metadata:
+  unit: currency-USD
+  period: year
+  label: CDCC amended phase-out second increment
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+HEAD_OF_HOUSEHOLD:
+  2026-01-01: 2_000
+JOINT:
+  2026-01-01: 4_000
+SEPARATE:
+  2026-01-01: 2_000
+SINGLE:
+  2026-01-01: 2_000
+SURVIVING_SPOUSE:
+  2026-01-01: 2_000

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/amended_structure/second_min.yaml

@@ -0,0 +1,11 @@
+description: The IRS phases the Child and Dependent Care Credit rate out in increments of adjusted gross income above the second threshold to this minimum.
+metadata:
+  unit: /1
+  period: year
+  label: CDCC amended phase-out second minimum rate
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  2026-01-01: 0.2

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/amended_structure/second_start.yaml

@@ -0,0 +1,21 @@
+description: The IRS phases the Child and Dependent Care Credit rate out in increments of adjusted gross income above this second threshold, based on filing status.
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  label: CDCC amended phase-out second start
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+HEAD_OF_HOUSEHOLD:
+  2026-01-01: 75_000
+JOINT:
+  2026-01-01: 150_000
+SEPARATE:
+  2026-01-01: 75_000
+SINGLE:
+  2026-01-01: 75_000
+SURVIVING_SPOUSE:
+  2026-01-01: 75_000

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/max.yaml

@@ -2,6 +2,7 @@ description: Child and dependent care credit maximum percentage rate.
 metadata:
   unit: /1
   label: CDCC maximum rate
+  period: year
   reference:
     - title: 26 U.S. Code § 21(a)(2)
       href: https://www.law.cornell.edu/uscode/text/26/21#a_2
@@ -11,3 +12,4 @@ values:
   2013-01-01: 0.35
   2021-01-01: 0.5
   2022-01-01: 0.35
+  2026-01-01: 0.5

policyengine_us/parameters/gov/irs/credits/cdcc/phase_out/min.yaml

@@ -1,9 +1,11 @@
 description: Child and dependent care credit phase-out percentage rate floor. The first phase-out does not reduce the childcare credit rate below this percentage.
 metadata:
   unit: /1
+  period: year
   label: CDCC minimum rate
   reference:
     - title: 26 U.S. Code § 21(a)(2)
       href: https://www.law.cornell.edu/uscode/text/26/21#a_2
 values:
   2013-01-01: 0.2
+  2026-01-01: 0.35

policyengine_us/parameters/gov/irs/credits/ctc/adult_ssn_requirement_applies.yaml

@@ -0,0 +1,11 @@
+description: The IRS requires a Social Security Number for at least one of the adults in the household to qualify for the Child Tax Credit, if this is true.
+values:
+  2018-01-01: false
+  2025-01-01: true
+metadata:
+  unit: bool
+  period: year
+  label: Child Tax Credit adult identification requirement applies
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/credits/ctc/child_ssn_requirement_applies.yaml

@@ -1,7 +1,6 @@
 description: The IRS requires a Social Security Number for qualifying children for the Child Tax Credit if this is true.
 values:
   2018-01-01: true
-  2025-01-01: false
 metadata:
   unit: bool
   period: year

policyengine_us/parameters/gov/irs/credits/ctc/eligible_ssn_card_type.yaml

@@ -0,0 +1,13 @@
+description: The IRS limits the child tax credit to filers with one of these SSN Card types.
+values:
+  2018-01-01:
+    - CITIZEN
+    - NON_CITIZEN_VALID_EAD
+
+metadata:
+  label: Child tax credit eligible SSN card type
+  period: year
+  unit: list
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/deductions/auto_loan_interest/cap.yaml

@@ -0,0 +1,12 @@
+description: The IRS caps the auto loan interest deduction at the following amount.
+
+values:
+  2025-01-01: 10_000
+
+metadata:
+  unit: currency-USD
+  period: year
+  label: Auto loan interest deduction cap
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/deductions/auto_loan_interest/phase_out/increment.yaml

@@ -0,0 +1,11 @@
+description: The IRS deduces the auto loan interest deduction in these increments of adjusted gross income exceeding the threshold.
+metadata:
+  unit: currency-USD
+  period: year
+  label: Auto loan interest deduction reduction increment
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  2025-01-01: 1_000

policyengine_us/parameters/gov/irs/deductions/auto_loan_interest/phase_out/start.yaml

@@ -0,0 +1,21 @@
+description: The IRS reduces the auto loan interest deduction for filers with adjusted gross income above this threshold, based on filing status.
+metadata:
+  unit: currency-USD
+  period: year
+  label: Auto loan interest deduction reduction start
+  breakdown:
+    - filing_status
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+SINGLE:
+  2025-01-01: 100_000
+SEPARATE:
+  2025-01-01: 100_000
+HEAD_OF_HOUSEHOLD:
+  2025-01-01: 100_000
+JOINT:
+  2025-01-01: 200_000
+SURVIVING_SPOUSE:
+  2025-01-01: 200_000

policyengine_us/parameters/gov/irs/deductions/auto_loan_interest/phase_out/step.yaml

@@ -0,0 +1,12 @@
+description: The IRS reduces the auto loan interest deduction at the following rate for each increment in of adjusted gross income above the threshold.
+metadata:
+  unit: currency-USD
+  period: year
+  label: Auto loan interest deduction reduction step
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  2025-01-01: 200
+  

policyengine_us/parameters/gov/irs/deductions/deductions_if_itemizing.yaml

@@ -5,6 +5,20 @@ values:
     - wagering_losses_deduction
     - itemized_taxable_income_deductions
 
+  2025-01-01:
+    - qualified_business_income_deduction
+    - wagering_losses_deduction
+    - itemized_taxable_income_deductions
+    - tip_income_deduction
+    - overtime_income_deduction
+    - additional_senior_deduction
+    - auto_loan_interest_deduction
+
+  2029-01-01:
+    - qualified_business_income_deduction
+    - wagering_losses_deduction
+    - itemized_taxable_income_deductions
+
 metadata:
   unit: list
   period: year

policyengine_us/parameters/gov/irs/deductions/deductions_if_not_itemizing.yaml

@@ -8,6 +8,18 @@ values:
     - charitable_deduction_for_non_itemizers
     - standard_deduction
     - qualified_business_income_deduction
+  2025-01-01:
+    - charitable_deduction_for_non_itemizers
+    - standard_deduction
+    - qualified_business_income_deduction
+    - tip_income_deduction
+    - overtime_income_deduction
+    - additional_senior_deduction
+    - auto_loan_interest_deduction
+  2029-01-01:
+    - qualified_business_income_deduction
+    - wagering_losses_deduction
+    - itemized_taxable_income_deductions
 
 metadata:
   unit: list

policyengine_us/parameters/gov/irs/deductions/itemized/casualty/active.yaml

@@ -5,4 +5,3 @@ metadata:
 values:
   2013-01-01: true
   2018-01-01: false
-  2026-01-01: true

policyengine_us/parameters/gov/irs/deductions/itemized/charity/ceiling/all.yaml

@@ -7,4 +7,3 @@ values:
   2018-01-01: 0.6
   2020-01-01: 1.0
   2021-01-01: 0.6
-  2026-01-01: 0.5

policyengine_us/parameters/gov/irs/deductions/itemized/charity/ceiling/non_cash.yaml

@@ -1,6 +1,8 @@
 description: Ceiling (as a fraction of AGI) for noncash charitable contribution deductions.
 metadata:
   unit: /1
+  period: year
   label: Non-cash charitable deduction limit
 values:
   2013-01-01: 0.3
+  2026-01-01: 0.5

policyengine_us/parameters/gov/irs/deductions/itemized/charity/floor/amount.yaml

@@ -0,0 +1,11 @@
+description: The IRS floors the charitable deduction at this percentage of adjusted gross income.
+metadata:
+  unit: bool
+  period: year
+  label: Charitable donation floor amount
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  2026-01-01: 0.005

policyengine_us/parameters/gov/irs/deductions/itemized/charity/floor/applies.yaml

@@ -0,0 +1,12 @@
+description: The IRS floors the charitable deduction, if this is true.
+metadata:
+  unit: bool
+  period: year
+  label: Charitable donation floor applies
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  2013-01-01: false
+  2026-01-01: true

policyengine_us/parameters/gov/irs/deductions/itemized/charity/non_itemizers_amount.yaml

@@ -15,28 +15,36 @@ metadata:
       href: https://www.law.cornell.edu/uscode/text/26/170
     - title: Expanded tax benefits help individuals and businesses give to charity during 2021; deductions up to $600 available for cash donations by non-itemizers
       href: https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-during-2021-deductions-up-to-600-available-for-cash-donations-by-non-itemizers
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
 JOINT:
   2018-01-01: 0
   2020-01-01: 300
   2021-01-01: 600
   2022-01-01: 0
+  2026-01-01: 2_000
 SINGLE:
   2018-01-01: 0
   2020-01-01: 150
   2021-01-01: 300
   2022-01-01: 0
+  2026-01-01: 1_000
 SEPARATE:
   2018-01-01: 0
   2020-01-01: 150
   2021-01-01: 300
   2022-01-01: 0
+  2026-01-01: 1_000
 HEAD_OF_HOUSEHOLD:
   2018-01-01: 0
   2020-01-01: 150
   2021-01-01: 300
   2022-01-01: 0
+  2026-01-01: 1_000
 SURVIVING_SPOUSE:
   2018-01-01: 0
   2020-01-01: 150
   2021-01-01: 300
   2022-01-01: 0
+  2026-01-01: 1_000

policyengine_us/parameters/gov/irs/deductions/itemized/interest/mortgage/cap.yaml

@@ -2,23 +2,18 @@ description: The IRS allows an itemized deduction for interest paid on mortgages
 SINGLE:
   2017-01-01: 1_000_000
   2018-01-01: 750_000
-  2026-01-01: 1_000_000
 JOINT:
   2017-01-01: 1_000_000
   2018-01-01: 750_000
-  2026-01-01: 1_000_000
 SEPARATE:
   2017-01-01: 500_000
   2018-01-01: 375_000
-  2026-01-01: 500_000
 HEAD_OF_HOUSEHOLD:
   2017-01-01: 1_000_000
   2018-01-01: 750_000
-  2026-01-01: 1_000_000
 SURVIVING_SPOUSE:
   2017-01-01: 1_000_000
   2018-01-01: 750_000
-  2026-01-01: 1_000_000
 metadata:
   breakdown: filing_status
   unit: currency-USD

policyengine_us/parameters/gov/irs/deductions/itemized/misc/applies.yaml

@@ -9,4 +9,3 @@ metadata:
 values:
   2013-01-01: true
   2018-01-01: false
-  2026-01-01: true

policyengine_us/parameters/gov/irs/deductions/itemized/reduction/amended_structure/applies.yaml

@@ -0,0 +1,13 @@
+description: The IRS reduces the itemized deductions at an amended structure, if this is true.
+
+values:
+  2009-01-01: false
+  2026-01-01: true
+
+metadata:
+  unit: bool
+  period: year
+  label: Itemized deductions amended reduction structure applies
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/deductions/itemized/reduction/amended_structure/rate.yaml

@@ -0,0 +1,12 @@
+description: The IRS phases the itemized deductions out at the following rate of the lesser of the itemized deductions or taxable income above the highest income tax rate threshold.
+
+values:	
+  0000-01-01: 0.05405405 # 2/37	
+
+metadata:	
+  unit: /1	
+  period: year	
+  label: Itemized deductions amended reduction rate	
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/cap.yaml

@@ -12,7 +12,12 @@ HEAD_OF_HOUSEHOLD:
     2017-01-01: .inf
     2018-01-01: 10_000
     2019-01-01: 10_000
-    2026-01-01: .inf
+    2025-01-01: 40_000
+    2026-01-01: 40_400
+    2027-01-01: 40_804
+    2028-01-01: 41_212
+    2029-01-01: 41_624
+    2030-01-01: 10_000
 JOINT:
   values:
     2013-01-01: .inf
@@ -22,7 +27,12 @@ JOINT:
     2017-01-01: .inf
     2018-01-01: 10_000
     2019-01-01: 10_000
-    2026-01-01: .inf
+    2025-01-01: 40_000
+    2026-01-01: 40_400
+    2027-01-01: 40_804
+    2028-01-01: 41_212
+    2029-01-01: 41_624
+    2030-01-01: 10_000
 SEPARATE:
   values:
     2013-01-01: .inf
@@ -32,7 +42,12 @@ SEPARATE:
     2017-01-01: .inf
     2018-01-01: 5_000
     2019-01-01: 5_000
-    2026-01-01: .inf
+    2025-01-01: 20_000
+    2026-01-01: 20_200
+    2027-01-01: 20_402
+    2028-01-01: 20_606
+    2029-01-01: 20_812
+    2030-01-01: 5_000
 SINGLE:
   values:
     2013-01-01: .inf
@@ -42,7 +57,12 @@ SINGLE:
     2017-01-01: .inf
     2018-01-01: 10_000
     2019-01-01: 10_000
-    2026-01-01: .inf
+    2025-01-01: 40_000
+    2026-01-01: 40_400
+    2027-01-01: 40_804
+    2028-01-01: 41_212
+    2029-01-01: 41_624
+    2030-01-01: 10_000
 SURVIVING_SPOUSE:
   values:
     2013-01-01: .inf
@@ -52,4 +72,9 @@ SURVIVING_SPOUSE:
     2017-01-01: .inf
     2018-01-01: 10_000
     2019-01-01: 10_000
-    2026-01-01: .inf
+    2025-01-01: 40_000
+    2026-01-01: 40_400
+    2027-01-01: 40_804
+    2028-01-01: 41_212
+    2029-01-01: 41_624
+    2030-01-01: 10_000

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/phase_out/floor/amount.yaml

@@ -0,0 +1,21 @@
+description: The IRS floors the SALT deduction at this amount, based on filing status.
+metadata:
+  unit: currency-USD
+  period: year
+  label: SALT deduction floor amount
+  breakdown:
+    - filing_status
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+SINGLE:
+  2025-01-01: 10_000
+HEAD_OF_HOUSEHOLD:
+  2025-01-01: 10_000
+JOINT:
+  2025-01-01: 10_000
+SURVIVING_SPOUSE:
+  2025-01-01: 10_000
+SEPARATE:
+  2025-01-01: 5_000 

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/phase_out/floor/applies.yaml

@@ -0,0 +1,13 @@
+description: The IRS floors the SALT deduction, if this is true.
+metadata:
+  unit: bool
+  period: year
+  label: SALT deduction floor applies
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  0000-01-01: false
+  2025-01-01: true
+  2030-01-01: false

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/phase_out/in_effect.yaml

@@ -0,0 +1,13 @@
+description: The SALT deduction is phased out based on adjusted gross income, if this is true.
+metadata:
+  unit: bool
+  period: year
+  label: SALT deduction phase out in effect
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+values:
+  0000-01-01: false
+  2025-01-01: true
+  2030-01-01: false

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/phase_out/rate.yaml

@@ -0,0 +1,12 @@
+description: The IRS phases out the SALT deduction at this rate of adjusted gross income over the phase-out threshold.
+
+values:
+  2025-01-01: 0.3
+
+metadata:
+  label: SALT deduction phase out rate 
+  unit: /1
+  period: year
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text

policyengine_us/parameters/gov/irs/deductions/itemized/salt_and_real_estate/phase_out/threshold.yaml

@@ -0,0 +1,41 @@
+description: The IRS phases out the SALT deduction out for filers with adjusted gross income above this amount, based on filing status.
+metadata:
+  unit: currency-USD
+  period: year
+  label: SALT deduction phase out threshold
+  breakdown:
+    - filing_status
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+SINGLE:
+  2025-01-01: 500_000
+  2026-01-01: 505_000
+  2027-01-01: 510_050
+  2028-01-01: 515_151
+  2029-01-01: 520_302
+HEAD_OF_HOUSEHOLD:
+  2025-01-01: 500_000
+  2026-01-01: 505_000
+  2027-01-01: 510_050
+  2028-01-01: 515_151
+  2029-01-01: 520_302
+JOINT:
+  2025-01-01: 500_000
+  2026-01-01: 505_000
+  2027-01-01: 510_050
+  2028-01-01: 515_151
+  2029-01-01: 520_302
+SURVIVING_SPOUSE:
+  2025-01-01: 500_000
+  2026-01-01: 505_000
+  2027-01-01: 510_050
+  2028-01-01: 515_151
+  2029-01-01: 520_302
+SEPARATE:
+  2025-01-01: 250_000
+  2026-01-01: 252_500
+  2027-01-01: 255_025
+  2028-01-01: 257_575
+  2029-01-01: 260_151

policyengine_us/parameters/gov/irs/deductions/overtime_income/cap.yaml

@@ -0,0 +1,22 @@
+description: The IRS caps the overtime income exemption at this amount, based on filing status.
+
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  label: Overtime income exemption cap
+  reference:
+    - title: H.R.1 - One Big Beautiful Bill Act
+      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
+
+JOINT:
+  2025-01-01: 25_000
+HEAD_OF_HOUSEHOLD:
+  2025-01-01: 12_500
+SURVIVING_SPOUSE:
+  2025-01-01: 12_500
+SINGLE:
+  2025-01-01: 12_500
+SEPARATE:
+  2025-01-01: 12_500