policyengine-us 1.397.1__py3-none-any.whl → 1.441.3__py3-none-any.whl

policyengine_us/parameters/gov/irs/income/bracket.yaml

@@ -37,9 +37,10 @@ thresholds:
     period: year
     propagate_metadata_to_children: true
     reference:
-      - title: H.R.1 - One Big Beautiful Bill Act
-        href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
-      # OBBB extended TCJA tax rates and bracket, while freezing bottom two bracket thresholds at 2025 values.
+      - title: 26 U.S. Code § 1(j) - Tax rate tables
+        href: https://www.law.cornell.edu/uscode/text/26/1#j
+      - title: 2026 IRS data release
+        href: https://www.irs.gov/pub/irs-drop/rp-25-32.pdf#page=10
       - title: 2025 IRS data release
         href: https://www.irs.gov/pub/irs-drop/rp-24-40.pdf#page=5
       - title: 2024 IRS data release
@@ -71,6 +72,13 @@ thresholds:
         2023-01-01: 11_000
         2024-01-01: 11_600
         2025-01-01: 11_925
+        2026-01-01: 12_400
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 25
     JOINT:
       values:
         2018-01-01: 19_050
@@ -81,6 +89,13 @@ thresholds:
         2023-01-01: 22_000
         2024-01-01: 23_200
         2025-01-01: 23_850
+        2026-01-01: 24_800
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
     SEPARATE:
       values:
         2018-01-01: 9_525
@@ -91,6 +106,13 @@ thresholds:
         2023-01-01: 11_000
         2024-01-01: 11_600
         2025-01-01: 11_925
+        2026-01-01: 12_400
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
         2018-01-01: 13_600
@@ -101,6 +123,13 @@ thresholds:
         2023-01-01: 15_700
         2024-01-01: 16_550
         2025-01-01: 17_000
+        2026-01-01: 17_700
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
     SURVIVING_SPOUSE:
       values:
         2018-01-01: 19_050
@@ -111,6 +140,13 @@ thresholds:
         2023-01-01: 22_000
         2024-01-01: 23_200
         2025-01-01: 23_850
+        2026-01-01: 24_800
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
   2:
     SINGLE:
       values:
@@ -122,6 +158,13 @@ thresholds:
         2023-01-01: 44_725
         2024-01-01: 47_150
         2025-01-01: 48_475
+        2026-01-01: 50_400
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 25
     JOINT:
       values:
         2018-01-01: 77_400
@@ -132,6 +175,13 @@ thresholds:
         2023-01-01: 89_450
         2024-01-01: 94_300
         2025-01-01: 96_950
+        2026-01-01: 100_800
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
     SEPARATE:
       values:
         2018-01-01: 38_700
@@ -142,6 +192,13 @@ thresholds:
         2023-01-01: 44_725
         2024-01-01: 47_150
         2025-01-01: 48_475
+        2026-01-01: 50_400
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
         2018-01-01: 51_800
@@ -152,6 +209,13 @@ thresholds:
         2023-01-01: 59_850
         2024-01-01: 63_100
         2025-01-01: 64_850
+        2026-01-01: 67_450
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
     SURVIVING_SPOUSE:
       values:
         2018-01-01: 77_400
@@ -162,6 +226,13 @@ thresholds:
         2023-01-01: 89_450
         2024-01-01: 94_300
         2025-01-01: 96_950
+        2026-01-01: 100_800
+      metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 50
   3:
     SINGLE:
       values:
@@ -173,22 +244,12 @@ thresholds:
         2023-01-01: 95_375
         2024-01-01: 100_525
         2025-01-01: 103_350
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 104_900
-        2027-01-01: 107_500
-        2028-01-01: 109_700
-        2029-01-01: 111_900
-        2030-01-01: 114_150
-        2031-01-01: 116_400
-        2032-01-01: 118_700
-        2033-01-01: 121_050
-        2034-01-01: 123_450
-        2035-01-01: 125_900
+        2026-01-01: 105_700
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     JOINT:
       values:
@@ -200,22 +261,12 @@ thresholds:
         2023-01-01: 190_750
         2024-01-01: 201_050
         2025-01-01: 206_700
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 208_300
-        2027-01-01: 213_400
-        2028-01-01: 217_850
-        2029-01-01: 222_200
-        2030-01-01: 226_650
-        2031-01-01: 231_100
-        2032-01-01: 235_650
-        2033-01-01: 240_300
-        2034-01-01: 245_100
-        2035-01-01: 249_950  
+        2026-01-01: 211_400
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SEPARATE:
       values:
@@ -227,22 +278,12 @@ thresholds:
         2023-01-01: 95_375
         2024-01-01: 100_525
         2025-01-01: 103_350
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 104_900
-        2027-01-01: 107_500
-        2028-01-01: 109_700
-        2029-01-01: 111_900
-        2030-01-01: 114_150
-        2031-01-01: 116_400
-        2032-01-01: 118_700
-        2033-01-01: 121_050
-        2034-01-01: 123_450
-        2035-01-01: 125_900
+        2026-01-01: 105_700
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
@@ -254,22 +295,12 @@ thresholds:
         2023-01-01: 95_350
         2024-01-01: 100_500
         2025-01-01: 103_350
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 104_900
-        2027-01-01: 107_500
-        2028-01-01: 109_700
-        2029-01-01: 111_900
-        2030-01-01: 114_150
-        2031-01-01: 116_400
-        2032-01-01: 118_700
-        2033-01-01: 121_050
-        2034-01-01: 123_450
-        2035-01-01: 125_900
+        2026-01-01: 105_700
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SURVIVING_SPOUSE:
       values:
@@ -281,22 +312,12 @@ thresholds:
         2023-01-01: 190_750
         2024-01-01: 201_050
         2025-01-01: 206_700
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 208_300
-        2027-01-01: 213_400
-        2028-01-01: 217_850
-        2029-01-01: 222_200
-        2030-01-01: 226_650
-        2031-01-01: 231_100
-        2032-01-01: 235_650
-        2033-01-01: 240_300
-        2034-01-01: 245_100
-        2035-01-01: 249_950  
+        2026-01-01: 211_400
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
   4:
     SINGLE:
@@ -309,22 +330,12 @@ thresholds:
         2023-01-01: 182_100
         2024-01-01: 191_950
         2025-01-01: 197_300
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 198_800
-        2027-01-01: 203_700
-        2028-01-01: 207_950
-        2029-01-01: 212_100
-        2030-01-01: 216_350
-        2031-01-01: 220_600
-        2032-01-01: 224_950
-        2033-01-01: 229_400
-        2034-01-01: 233_950
-        2035-01-01: 238_550
+        2026-01-01: 201_775
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     JOINT:
       values:
@@ -336,22 +347,12 @@ thresholds:
         2023-01-01: 364_200
         2024-01-01: 383_900
         2025-01-01: 394_600
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 397_650
-        2027-01-01: 407_450
-        2028-01-01: 415_900
-        2029-01-01: 424_250
-        2030-01-01: 432_700
-        2031-01-01: 441_250
-        2032-01-01: 449_900
-        2033-01-01: 458_800
-        2034-01-01: 467_950
-        2035-01-01: 477_150       
+        2026-01-01: 403_550
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SEPARATE:
       values:
@@ -363,8 +364,8 @@ thresholds:
         2023-01-01: 182_100
         2024-01-01: 191_950
         2025-01-01: 197_300
+        2026-01-01: 201_775
         # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 198_800
         2027-01-01: 203_700
         2028-01-01: 207_950
         2029-01-01: 212_100
@@ -378,7 +379,7 @@ thresholds:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
@@ -390,22 +391,12 @@ thresholds:
         2023-01-01: 182_100
         2024-01-01: 191_950
         2025-01-01: 197_300
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 198_800
-        2027-01-01: 203_700
-        2028-01-01: 207_950
-        2029-01-01: 212_100
-        2030-01-01: 216_350
-        2031-01-01: 220_600
-        2032-01-01: 224_950
-        2033-01-01: 229_400
-        2034-01-01: 233_950
-        2035-01-01: 238_550
+        2026-01-01: 201_750
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SURVIVING_SPOUSE:
       values:
@@ -417,22 +408,12 @@ thresholds:
         2023-01-01: 364_200
         2024-01-01: 383_900
         2025-01-01: 394_600
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 397_650
-        2027-01-01: 407_450
-        2028-01-01: 415_900
-        2029-01-01: 424_250
-        2030-01-01: 432_700
-        2031-01-01: 441_250
-        2032-01-01: 449_900
-        2033-01-01: 458_800
-        2034-01-01: 467_950
-        2035-01-01: 477_150       
+        2026-01-01: 403_550
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
   5:
     SINGLE:
@@ -445,22 +426,12 @@ thresholds:
         2023-01-01: 231_250
         2024-01-01: 243_725
         2025-01-01: 250_525
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 256_450
-        2027-01-01: 262_800
-        2028-01-01: 268_250
-        2029-01-01: 273_600
-        2030-01-01: 279_050
-        2031-01-01: 284_550
-        2032-01-01: 290_150
-        2033-01-01: 295_900
-        2034-01-01: 301_750
-        2035-01-01: 307_750
+        2026-01-01: 256_225
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     JOINT:
       values:
@@ -472,22 +443,12 @@ thresholds:
         2023-01-01: 462_500
         2024-01-01: 487_450
         2025-01-01: 501_050
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 512_950
-        2027-01-01: 525_600
-        2028-01-01: 536_500
-        2029-01-01: 547_200
-        2030-01-01: 558_100
-        2031-01-01: 569_150
-        2032-01-01: 580_350
-        2033-01-01: 591_800
-        2034-01-01: 603_550
-        2035-01-01: 615_500
+        2026-01-01: 512_450
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SEPARATE:
       values:
@@ -499,8 +460,8 @@ thresholds:
         2023-01-01: 231_250
         2024-01-01: 243_725
         2025-01-01: 250_525
+        2026-01-01: 256_225
         # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 256_450
         2027-01-01: 262_800
         2028-01-01: 268_250
         2029-01-01: 273_600
@@ -514,7 +475,7 @@ thresholds:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
@@ -526,8 +487,8 @@ thresholds:
         2023-01-01: 231_250
         2024-01-01: 243_700
         2025-01-01: 250_500
+        2026-01-01: 256_200
         # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 256_450
         2027-01-01: 262_800
         2028-01-01: 268_250
         2029-01-01: 273_600
@@ -541,7 +502,7 @@ thresholds:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SURVIVING_SPOUSE:
       values:
@@ -553,22 +514,12 @@ thresholds:
         2023-01-01: 462_500
         2024-01-01: 487_450
         2025-01-01: 501_050
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 512_950
-        2027-01-01: 525_600
-        2028-01-01: 536_500
-        2029-01-01: 547_200
-        2030-01-01: 558_100
-        2031-01-01: 569_150
-        2032-01-01: 580_350
-        2033-01-01: 591_800
-        2034-01-01: 603_550
-        2035-01-01: 615_500
+        2026-01-01: 512_450
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
   6:
     SINGLE:
@@ -581,22 +532,12 @@ thresholds:
         2023-01-01: 578_125
         2024-01-01: 609_350
         2025-01-01: 626_350
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 643_950
-        2027-01-01: 659_800
-        2028-01-01: 673_500
-        2029-01-01: 687_000
-        2030-01-01: 700_650
-        2031-01-01: 714_500
-        2032-01-01: 728_550
-        2033-01-01: 742_950
-        2034-01-01: 757_750
-        2035-01-01: 772_700
+        2026-01-01: 640_600
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     JOINT:
       values:
@@ -608,22 +549,12 @@ thresholds:
         2023-01-01: 693_750
         2024-01-01: 731_200
         2025-01-01: 751_600
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 772_750
-        2027-01-01: 791_800
-        2028-01-01: 808_200
-        2029-01-01: 824_400
-        2030-01-01: 840_800
-        2031-01-01: 857_400
-        2032-01-01: 874_250
-        2033-01-01: 891_550
-        2034-01-01: 909_300
-        2035-01-01: 927_250
+        2026-01-01: 768_700
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SEPARATE:
       values:
@@ -635,22 +566,12 @@ thresholds:
         2023-01-01: 346_875
         2024-01-01: 365_600
         2025-01-01: 375_800
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 386_350
-        2027-01-01: 395_900
-        2028-01-01: 404_100
-        2029-01-01: 412_200
-        2030-01-01: 420_400
-        2031-01-01: 428_700
-        2032-01-01: 437_100
-        2033-01-01: 445_750
-        2034-01-01: 454_650
-        2035-01-01: 463_600
+        2026-01-01: 384_350
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 25
     HEAD_OF_HOUSEHOLD:
       values:
@@ -662,22 +583,12 @@ thresholds:
         2023-01-01: 578_100
         2024-01-01: 609_350
         2025-01-01: 626_350
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 643_950
-        2027-01-01: 659_800
-        2028-01-01: 673_500
-        2029-01-01: 687_000
-        2030-01-01: 700_650
-        2031-01-01: 714_500
-        2032-01-01: 728_550
-        2033-01-01: 742_950
-        2034-01-01: 757_750
-        2035-01-01: 772_700
+        2026-01-01: 640_600
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
     SURVIVING_SPOUSE:
       values:
@@ -689,22 +600,12 @@ thresholds:
         2023-01-01: 693_750
         2024-01-01: 731_200
         2025-01-01: 751_600
-        # Internal forecast, will update when CBO forecast is released.
-        2026-01-01: 772_750
-        2027-01-01: 791_800
-        2028-01-01: 808_200
-        2029-01-01: 824_400
-        2030-01-01: 840_800
-        2031-01-01: 857_400
-        2032-01-01: 874_250
-        2033-01-01: 891_550
-        2034-01-01: 909_300
-        2035-01-01: 927_250
+        2026-01-01: 768_700
       metadata:
         uprating:
           parameter: gov.irs.uprating
           rounding:
-            type: nearest
+            type: downwards
             interval: 50
   7:
     SINGLE:

policyengine_us/parameters/gov/irs/payroll/medicare/additional/exclusion.yaml

@@ -11,7 +11,6 @@ SURVIVING_SPOUSE:
   2013-01-01: 200_000
 metadata:
   unit: currency-USD
-  name: additional_medicare_rate_exclusion
   label: Additional Medicare Tax rate exclusion
   reference:
     # Employee:

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

@@ -11,4 +11,4 @@ metadata:
     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/irs/social_security/taxability/rate/additional/benefit_cap.yaml

@@ -0,0 +1,11 @@
+description: Social Security benefits are taxable at this maximum rate for taxpayers with combined income above the adjusted base threshold.
+values:
+  1993-01-01: 0.85
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security taxability additional benefit cap rate
+  reference:
+    - title: 26 U.S. Code § 86(a)(2)(B)
+      href: https://www.law.cornell.edu/uscode/text/26/86#a_2_B

policyengine_us/parameters/gov/irs/social_security/taxability/rate/additional/bracket.yaml

@@ -0,0 +1,11 @@
+description: The IRS includes this portion of the difference between adjusted base and base thresholds when calculating tier 2 Social Security taxability.
+values:
+  1984-01-01: 0.5
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security taxability additional bracket rate
+  reference:
+    - title: 26 U.S. Code § 86(a)(2)(A)(ii)
+      href: https://www.law.cornell.edu/uscode/text/26/86#a_2_A_ii

policyengine_us/parameters/gov/irs/social_security/taxability/rate/additional/excess.yaml

@@ -0,0 +1,11 @@
+description: The IRS taxes Social Security benefits at this rate applied to the excess of combined income over the adjusted base threshold for taxpayers in the second tier.
+values:
+  1993-01-01: 0.85
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security taxability additional excess rate
+  reference:
+    - title: 26 U.S. Code § 86(a)(2)(A)(i)
+      href: https://www.law.cornell.edu/uscode/text/26/86#a_2_A_i

policyengine_us/parameters/gov/irs/social_security/taxability/rate/base/benefit_cap.yaml

@@ -0,0 +1,11 @@
+description: Social Security benefits are taxable at this rate for taxpayers with combined income between the base and adjusted base thresholds.
+values:
+  1984-01-01: 0.5
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security taxability base benefit cap rate
+  reference:
+    - title: 26 U.S. Code § 86(a)(1)(A)
+      href: https://www.law.cornell.edu/uscode/text/26/86#a_1_A

policyengine_us/parameters/gov/irs/social_security/taxability/rate/base/excess.yaml

@@ -0,0 +1,11 @@
+description: The IRS taxes Social Security benefits at this rate applied to the excess of combined income over the base threshold for taxpayers in the first tier.
+values:
+  1984-01-01: 0.5
+
+metadata:
+  unit: /1
+  period: year
+  label: Social Security taxability base excess rate
+  reference:
+    - title: 26 U.S. Code § 86(a)(1)(B)
+      href: https://www.law.cornell.edu/uscode/text/26/86#a_1_B