policyengine-us 1.422.0__py3-none-any.whl → 1.424.1__py3-none-any.whl

policyengine_us/variables/gov/states/mn/tax/income/credits/mn_child_and_working_families_credits.py

@@ -20,7 +20,11 @@ class mn_child_and_working_families_credits(Variable):
         # The credits are defined by separate legal code sections
         # but are calculated together in the tax forms.
         # Child Tax Credit computation:
-        qualifying_children = tax_unit("ctc_qualifying_children", period)
+        qualifying_children = add(
+            tax_unit,
+            period,
+            ["mn_child_and_working_families_credits_ctc_eligible_child"],
+        )
         p = parameters(period).gov.states.mn.tax.income.credits.cwfc
         base_ctc_amount = qualifying_children * p.ctc.amount
         # Working Family Credit computation:

policyengine_us/variables/gov/states/mn/tax/income/credits/mn_child_and_working_families_credits_ctc_eligible_child.py

@@ -0,0 +1,24 @@
+from policyengine_us.model_api import *
+
+
+class mn_child_and_working_families_credits_ctc_eligible_child(Variable):
+    value_type = float
+    entity = Person
+    label = "Minnesota child and working families credits child tax credit eligible child"
+    unit = USD
+    definition_period = YEAR
+    reference = (
+        "https://www.revisor.mn.gov/statutes/cite/290.0661#stat.290.0661.4"
+        "https://www.revisor.mn.gov/statutes/cite/290.0671"
+        "https://www.revenue.state.mn.us/sites/default/files/2024-01/m1cwfc-23_1.pdf"
+    )
+    defined_for = StateCode.MN
+
+    def formula(person, period, parameters):
+        age = person("age", period)
+        meets_eitc_identification_requirements = person(
+            "meets_eitc_identification_requirements", period
+        )
+        p = parameters(period).gov.states.mn.tax.income.credits.cwfc.ctc
+        age_eligible = age < p.age_limit
+        return age_eligible & meets_eitc_identification_requirements

policyengine_us/variables/gov/states/mt/tax/income/credits/rebate/mt_income_tax_rebate.py

@@ -4,14 +4,13 @@ from policyengine_us.model_api import *
 class mt_income_tax_rebate(Variable):
     value_type = float
     entity = TaxUnit
-    label = "Montana 2023 income tax rebate"
+    label = "Montana 2021 income tax rebate"
     unit = USD
     definition_period = YEAR
     reference = "https://archive.legmt.gov/bills/mca/title_0150/chapter_0300/part_0210/section_0910/0150-0300-0210-0910.html"
     defined_for = StateCode.MT
 
     # The rebate is based on 2021 income tax liability, but provided in 2023
-    # we assume that the tax liability does not change between 2021 and 2023
     def formula(tax_unit, period, parameters):
         p = parameters(period).gov.states.mt.tax.income.credits.rebate
         filing_status = tax_unit("filing_status", period)

policyengine_us/variables/gov/states/sc/tax/income/credits/sc_2022_rebate.py

@@ -0,0 +1,29 @@
+from policyengine_us.model_api import *
+
+
+class sc_2022_rebate(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "South Carolina 2022 rebate"
+    defined_for = StateCode.SC
+    unit = USD
+    definition_period = YEAR
+    reference = "https://www.scstatehouse.gov/sess124_2021-2022/bills/1087.htm"
+
+    def formula(tax_unit, period, parameters):
+        tax_before_non_refundable_credits = tax_unit(
+            "sc_income_tax_before_non_refundable_credits", period
+        )
+        p = parameters(period).gov.states.sc.tax.income.credits
+        other_non_refundable_credits = 0
+        for credit in p.non_refundable:
+            if credit != "sc_2022_rebate":
+                other_non_refundable_credits += tax_unit(credit, period)
+        refundable_credits = tax_unit("sc_refundable_credits", period)
+        tax_after_credits = max_(
+            0,
+            tax_before_non_refundable_credits
+            - other_non_refundable_credits
+            - refundable_credits,
+        )
+        return min_(tax_after_credits, p["2022_rebate"].amount)

{policyengine_us-1.422.0.dist-info → policyengine_us-1.424.1.dist-info}/METADATA

@@ -1,6 +1,6 @@
 Metadata-Version: 2.4
 Name: policyengine-us
-Version: 1.422.0
+Version: 1.424.1
 Summary: Add your description here.
 Author-email: PolicyEngine <hello@policyengine.org>
 License-File: LICENSE