policyengine-us 1.395.1__py3-none-any.whl → 1.396.0__py3-none-any.whl

policyengine_us/parameters/gov/irs/social_security/taxability/combined_income_ss_fraction.yaml

@@ -0,0 +1,14 @@
+description: The United States includes this fraction of Social Security benefits for determining taxability.
+values:
+  1984-01-01: 0.5
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security fraction for combined income calculation
+  reference:
+  - title: 26 U.S. Code § 86(b)(1)
+    href: https://www.law.cornell.edu/uscode/text/26/86#b_1
+  - title: IRS Publication 915 - Social Security and Equivalent Railroad Retirement Benefits
+    href: https://www.irs.gov/publications/p915
+ 

policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/credit_percentage.yaml

@@ -3,6 +3,7 @@ values:
   2021-01-01: 1
   2022-01-01: 0.9
   2023-01-01: 0.56
+  2024-01-01: 0.52
   
 metadata:
   period: year
@@ -23,3 +24,5 @@ metadata:
       href: https://www.efile.com/pdf/5988.pdf#page=11
     - title: Michigan 2023 Book MI-1040CR7 Home Heating Instructions Line 47
       href: https://www.michigan.gov/taxes/-/media/Project/Websites/taxes/Forms/2023/2023-IIT-Forms/BOOK_MI-1040CR-7.pdf#page=9
+    - title: 2024 Michigan Home Heating Credit Claim MI-1040CR-7 Line 47
+      href: https://www.michigan.gov/taxes/-/media/Project/Websites/taxes/Forms/IIT/TY2024/MI-1040CR-7.pdf#page=2

policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/test_ss_combined_income_fix.yaml

@@ -0,0 +1,21 @@
+- name: Test combined income calculation uses separate parameter
+  period: 2025
+  absolute_error_margin: 1
+  input:
+    people:
+      person1:
+        age: 67
+        social_security: 20_000
+        employment_income: 30_000
+    tax_units:
+      tax_unit:
+        members: [person1]
+        filing_status: SINGLE
+    households:
+      household:
+        members: [person1]
+        state_code: CA
+  output:
+    # Combined income should be 30_000 + 0.5 * 20_000 = 40_000
+    # (using the default 0.5 fraction from the new parameter)
+    tax_unit_combined_income_for_social_security_taxability: 40_000

policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_combined_income_for_social_security_taxability.py

@@ -16,11 +16,10 @@ class tax_unit_combined_income_for_social_security_taxability(Variable):
         p = parameters(period).gov.irs.social_security.taxability
         gross_ss = tax_unit("tax_unit_social_security", period)
 
-        # The legislation directs the usage an income definition that is
+        # The legislation directs the usage of an income definition that is
         # a particularly modified AGI, plus half of gross Social Security
-        # payments. We assume that the 'half' here is the same underlying
-        # parameter as the lower taxability marginal rate (also 50% in the
-        # baseline), and that they would be mechanically the same parameter.
+        # payments. Per IRC Section 86(b)(1), this fraction is always 0.5
+        # regardless of the taxation rates applied to the benefits.
 
-        ss_fraction = p.rate.base * gross_ss
+        ss_fraction = p.combined_income_ss_fraction * gross_ss
         return tax_unit("taxable_ss_magi", period) + ss_fraction

policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_ss_combined_income_excess.py

@@ -14,11 +14,10 @@ class tax_unit_ss_combined_income_excess(Variable):
             period
         ).gov.irs.social_security.taxability.threshold.base
 
-        # The legislation directs the usage an income definition that is
+        # The legislation directs the usage of an income definition that is
         # a particularly modified AGI, plus half of gross Social Security
-        # payments. We assume that the 'half' here is the same underlying
-        # parameter as the lower taxability marginal rate (also 50% in the
-        # baseline), and that they would be mechanically the same parameter.
+        # payments. Per IRC Section 86(b)(1), this fraction is always 0.5
+        # and is handled by the combined_income_ss_fraction parameter.
 
         combined_income = tax_unit(
             "tax_unit_combined_income_for_social_security_taxability", period

policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_taxable_social_security.py

@@ -14,11 +14,10 @@ class tax_unit_taxable_social_security(Variable):
         p = parameters(period).gov.irs.social_security.taxability
         gross_ss = tax_unit("tax_unit_social_security", period)
 
-        # The legislation directs the usage an income definition that is
+        # The legislation directs the usage of an income definition that is
         # a particularly modified AGI, plus half of gross Social Security
-        # payments. We assume that the 'half' here is the same underlying
-        # parameter as the lower taxability marginal rate (also 50% in the
-        # baseline), and that they would be mechanically the same parameter.
+        # payments. Per IRC Section 86(b)(1), this fraction is always 0.5
+        # and is handled by the combined_income_ss_fraction parameter.
 
         combined_income = tax_unit(
             "tax_unit_combined_income_for_social_security_taxability", period

{policyengine_us-1.395.1.dist-info → policyengine_us-1.396.0.dist-info}/METADATA

@@ -1,6 +1,6 @@
 Metadata-Version: 2.4
 Name: policyengine-us
-Version: 1.395.1
+Version: 1.396.0
 Summary: Add your description here.
 Author-email: PolicyEngine <hello@policyengine.org>
 License-File: LICENSE

{policyengine_us-1.395.1.dist-info → policyengine_us-1.396.0.dist-info}/RECORD

@@ -744,6 +744,7 @@ policyengine_us/parameters/gov/irs/self_employment/net_earnings_exemption.yaml,s
 policyengine_us/parameters/gov/irs/self_employment/rate/medicare.yaml,sha256=Oz4FpycX_3krHGjXeUOaDDBJSMRWQeJDtNxlvDMl-so,265
 policyengine_us/parameters/gov/irs/self_employment/rate/social_security.yaml,sha256=nSxC_iF9x1Of7uvsPRqviPdaLwXLVL2hAJyZtGp62eE,276
 policyengine_us/parameters/gov/irs/social_security/README.md,sha256=htok4YcXCdYFwOsxNtEtU4P9Ykf2yDrpa2DPFyww9JE,18
+policyengine_us/parameters/gov/irs/social_security/taxability/combined_income_ss_fraction.yaml,sha256=Ot_YEbEGAee7qTzuaxlOMggKmXzckDwRgPJI-fO9i1I,490
 policyengine_us/parameters/gov/irs/social_security/taxability/income/revoked_deductions.yaml,sha256=X9ts8sZ5G_pfbxY7TOAqR99e0Jsn0e7pf_W2qritgw4,562
 policyengine_us/parameters/gov/irs/social_security/taxability/rate/additional.yaml,sha256=BHbmDfYtuQdcWN88fZo1GrsnwDM2c44toDRQTx_MCGg,430
 policyengine_us/parameters/gov/irs/social_security/taxability/rate/base.yaml,sha256=C1dY1-XbegpqOGxQ7gjhaB5GI0vslK2d5mbzbt6ZlKc,425
@@ -2017,7 +2018,7 @@ policyengine_us/parameters/gov/states/mi/tax/income/subtractions.yaml,sha256=HTs
 policyengine_us/parameters/gov/states/mi/tax/income/credits/refundable.yaml,sha256=sjaYWT-DDWkvzmxYYRD6oGukb0OFHerAlSJQ0tRANKA,814
 policyengine_us/parameters/gov/states/mi/tax/income/credits/eitc/README.md,sha256=bNY_E7hkmVxzqBclFXt5PWxGKlgCZ8Vz9i2Fmik_1yE,26
 policyengine_us/parameters/gov/states/mi/tax/income/credits/eitc/match.yaml,sha256=qArah9tDkHcyS2LDUV2RkpxQpePzPZOo3QZ-tyWxHQ8,1059
-policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/credit_percentage.yaml,sha256=1ik2TB2qLT1pYAsC5GdK1GsPC3ZBWAgh8Xc-6htr-sU,1496
+policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/credit_percentage.yaml,sha256=DSx8lD0w48iQkynMOFs8dEa7o-mSpanApGcIPivIaoc,1702
 policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/additional_exemption/amount.yaml,sha256=bH-PkyjHkWO06NBDx-Wj8lZI7CB1A8fzs0iFmL4yyeI,1248
 policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/additional_exemption/limit.yaml,sha256=-StolG1nIT37T2wcfUb9MVnY_mr_2HQgU3_9QJkEI5s,1127
 policyengine_us/parameters/gov/states/mi/tax/income/credits/home_heating/alternate/heating_costs/cap.yaml,sha256=eyd-JJlA9bOXK1p7lFcFeO3S42IXiZahWon44x1DeaI,1378
@@ -3434,6 +3435,7 @@ policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gro
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/positive_gross_income.yaml,sha256=Wy5SXR4-XoOyMl0XwOt8cx8SglOKC_iaZDAa1pqG4XI,248
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/tax_unit_combined_income_for_social_security_taxability.yaml,sha256=1YbLjeANDXrR3BF0R0bB2ACXz-xCXsrS7reQ-tp5uPw,711
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/tax_unit_ss_combined_income_excess.yaml,sha256=DVfgrDfe44m91V_G2FwQXXCRXAc802D6q6zi88R6u7M,3400
+policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/test_ss_combined_income_fix.yaml,sha256=SIOP3xMACn12rOA9OLA8Pfvdb1epqf4BtZXeRz015_M,598
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/irs_employment_income.yaml,sha256=MBfn5bh8acdTxTu_KAeg_RDjOgJ-CHUN--dUMfd8a0k,363
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/deductions/alimony_expense_ald.yaml,sha256=VWBqHVnf8OIaANQ-Spt1wCivCr2YmRUL1DL1kliVatY,1251
 policyengine_us/tests/policy/baseline/gov/irs/income/taxable_income/deductions/auto_loan_interest_deduction.yaml,sha256=thZKFR7I1SX4Jj4INWvAQOz_hC2rZLTOPA5oeEyWJBg,723
@@ -5655,10 +5657,10 @@ policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/ir
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/earned_income/tax_unit_earned_income.py,sha256=WJGKWeqWSrjwvbDQtd1q6LTWsSghOHK0dn-WDkljqow,264
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/earned_income/tax_unit_earned_income_last_year.py,sha256=Sl00OIM3_izdirJ7-gZie1sVmtfacT74KyuLNWiVYhI,294
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_exempt_social_security.py,sha256=u821MIdKYZRORepQCYKCbTtL82FoAFlx-t6iT0HDoQU,309
-policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_combined_income_for_social_security_taxability.py,sha256=XuaZXxgV0jh3PLaff3cdwnuBwXrwezHGR6Oifbo9nJ8,1069
+policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_combined_income_for_social_security_taxability.py,sha256=nFIRNtKGve9raB6hUZfZlMtPRhGDtaCuvqm32HHN6cE,1006
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_social_security.py,sha256=lgQIQOgtnvkbnDfvIFMnzryDaISDaD9VenOZNyr-Fd0,243
-policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_ss_combined_income_excess.py,sha256=BzxzZN1U61WqXzNS5Gk-TrkMjHNPwDCMwUjHQK-alvI,1487
-policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_taxable_social_security.py,sha256=QgqoYA5fZSZ5OTWiPHPevH-_FwHzJq9RxXzFrLyVcPM,2895
+policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_ss_combined_income_excess.py,sha256=AWj1VzfU-DzUNP_9f_dpxuSSixtwyPn6N35n34b9fGo,1409
+policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/tax_unit_taxable_social_security.py,sha256=JanN2ySey1AMdlsCGN4-RILtvkIetsMaNSL7LRJ0sqI,2817
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/taxable_social_security.py,sha256=KlNVAoZaB1I1I2vdPti5-hmPOFeBQA7HFBAGTqwbgwo,1326
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/social_security/taxable_ss_magi.py,sha256=ZtnZ79E1uv3Fy-3Sfu77_qj5ipUMw9pG2iFHLQXfe6A,1982
 policyengine_us/variables/gov/irs/income/taxable_income/adjusted_gross_income/irs_gross_income/unemployment_insurance/tax_exempt_unemployment_compensation.py,sha256=LcfEa0LR71l0fJJ2mDykKuHMxHIwbF_ir7XJ7cDAWGM,330
@@ -8393,8 +8395,8 @@ policyengine_us/variables/input/farm_income.py,sha256=BEKxYmHNNnWJAAvULl5qZJigy5
 policyengine_us/variables/input/geography.py,sha256=Ux0ueAf0rhZaflyEqz81UuXP3xKCKBDvoO3CrKhiQEc,5421
 policyengine_us/variables/input/self_employment_income.py,sha256=PwsGz8R4lRikKWUYOhsC0qosNNLXq4f5SQmfw4S3mk8,511
 policyengine_us/variables/input/self_employment_income_before_lsr.py,sha256=E8fcX9Nlyqz8dziHhQv_euutdmoIwFMMWePUwbbwv_w,379
-policyengine_us-1.395.1.dist-info/METADATA,sha256=5VRMXt0iihrZL5_R-d195nuT4TWB4Hj8FTus5y8IRJo,1649
-policyengine_us-1.395.1.dist-info/WHEEL,sha256=qtCwoSJWgHk21S1Kb4ihdzI2rlJ1ZKaIurTj_ngOhyQ,87
-policyengine_us-1.395.1.dist-info/entry_points.txt,sha256=MLaqNyNTbReALyKNkde85VkuFFpdPWAcy8VRG1mjczc,57
-policyengine_us-1.395.1.dist-info/licenses/LICENSE,sha256=2N5ReRelkdqkR9a-KP-y-shmcD5P62XoYiG-miLTAzo,34519
-policyengine_us-1.395.1.dist-info/RECORD,,
+policyengine_us-1.396.0.dist-info/METADATA,sha256=u4VBx300rh8daeQ-pxqexy0LnAJkf4x7XHo1OI18Cv0,1649
+policyengine_us-1.396.0.dist-info/WHEEL,sha256=qtCwoSJWgHk21S1Kb4ihdzI2rlJ1ZKaIurTj_ngOhyQ,87
+policyengine_us-1.396.0.dist-info/entry_points.txt,sha256=MLaqNyNTbReALyKNkde85VkuFFpdPWAcy8VRG1mjczc,57
+policyengine_us-1.396.0.dist-info/licenses/LICENSE,sha256=2N5ReRelkdqkR9a-KP-y-shmcD5P62XoYiG-miLTAzo,34519
+policyengine_us-1.396.0.dist-info/RECORD,,