policyengine-us 1.424.5__py3-none-any.whl → 1.425.3__py3-none-any.whl

policyengine_us/parameters/gov/bls/cpi/c_cpi_u.yaml

@@ -289,12 +289,29 @@ values:
   2023-10-01: 171.595
   2023-11-01: 171.219
   2023-12-01: 171.015
-  2024-01-01: 171.910
-  # CBO projections.
-  # Since CBO projects the relevant tax parameter,
-  # which is the average over the 12mo ending August,
-  # we place that in February of each year.
-  2025-02-01: 176.7 # 2026 value.
+  2024-01-01: 171.649
+  2024-02-01: 172.700
+  2024-03-01: 173.796
+  2024-04-01: 174.424
+  2024-05-01: 174.685
+  2024-06-01: 174.721
+  2024-07-01: 174.792
+  2024-08-01: 174.848
+  2024-09-01: 175.099
+  2024-10-01: 175.282
+  2024-11-01: 175.129
+  2024-12-01: 175.144
+  2025-01-01: 176.268
+  2025-02-01: 177.032
+  2025-03-01: 177.415
+  2025-04-01: 177.959
+  2025-05-01: 178.318
+  2025-06-01: 178.909
+  2025-07-01: 179.154
+  2025-08-01: 179.656
+  # CBO projections from CBO Jan 2025 forecast for future periods.
+  # CBO projects the average C-CPI-U over the 12mo ending August,
+  # which determines tax parameters for the following year.
   2026-02-01: 180.5 # 2027 value.
   2027-02-01: 184.1 # 2028 value.
   2028-02-01: 187.8 # 2029 value.

policyengine_us/parameters/gov/bls/cpi/cpi_u.yaml

@@ -1332,24 +1332,27 @@ values:
   2023-10-01: 307.671
   2023-11-01: 307.051
   2023-12-01: 306.746
-  2024-01-01: 308.417
-  2024-02-01: 310.326
-  2024-03-01: 312.332
-  2024-04-01: 313.548
-  2024-05-01: 314.069
-  2024-06-01: 314.175
-  2024-07-01: 314.54
-  2024-08-01: 314.796
-  2024-09-01: 315.301
-  2024-10-01: 315.664
-  2024-11-01: 315.493
-  2024-12-01: 315.605
-
-  # CBO projections.
-  # Since CBO projects the relevant tax parameter,
-  # which is the average over the 12mo ending August,
-  # we place that in February of each year.
-  2025-02-01: 318.2 # 2026 value.
+  2024-01-01: 309.794
+  2024-02-01: 311.022
+  2024-03-01: 312.107
+  2024-04-01: 313.016
+  2024-05-01: 313.140
+  2024-06-01: 313.131
+  2024-07-01: 313.566
+  2024-08-01: 314.131
+  2024-09-01: 314.851
+  2024-10-01: 315.564
+  2024-11-01: 316.449
+  2024-12-01: 317.603
+  2025-01-01: 319.086
+  2025-02-01: 319.775
+  2025-03-01: 319.615
+  2025-04-01: 320.321
+  2025-05-01: 320.580
+  2025-06-01: 321.500
+  2025-07-01: 322.132
+  2025-08-01: 323.364
+  # CBO projections from CBO Jan 2025 forecast for future periods.
   2026-02-01: 325.9 # 2027 value.
   2027-02-01: 333.5 # 2028 value.
   2028-02-01: 341.1 # 2029 value.

policyengine_us/parameters/gov/bls/cpi/cpi_w.yaml

@@ -1332,28 +1332,31 @@ values:
   2023-10-01: 302.071
   2023-11-01: 301.224
   2023-12-01: 300.728
-  2024-01-01: 302.201
-  2024-02-01: 304.284
-  2024-03-01: 306.502
-  2024-04-01: 307.811
-  2024-05-01: 308.163
-  2024-06-01: 308.054
-  2024-07-01: 308.501
-  2024-08-01: 308.640
-  2024-09-01: 309.046
-  2024-10-01: 309.358
-  2024-11-01: 308.998
-  2024-12-01: 309.067
-  # CBO projections based on quarterly % change to CPI-U.
-  # Anchored to CPI-U 2024Q1 average of 310.989.
-  # In 2024Q1, CPI-W averaged to (304.284 + 306.502 + 307.811) / 3 = 306.199.
-  # So assign second month of each quarter with the CBO quarterly value * 306.199 / 310.989 = 0.985.
-  # Uprating parameters don't support arithmetic so pass values.
-  2025-02-01: 311.407 # 2025Q1: 317.9 * 309.141 / 315.587
-  2025-05-01: 312.974 # 2025Q2: 319.5 * 309.141 / 315.587
-  2025-08-01: 314.933 # 2025Q3: 321.5 * 309.141 / 315.587
-  2025-11-01: 316.990 # 2025Q4: 323.6 * 309.141 / 315.587
-  2026-02-01: 318.949 # 2026Q1: 325.6 * 309.141 / 315.587
+  2024-01-01: 303.733
+  2024-02-01: 305.121
+  2024-03-01: 306.349
+  2024-04-01: 307.211
+  2024-05-01: 307.233
+  2024-06-01: 307.010
+  2024-07-01: 307.410
+  2024-08-01: 307.843
+  2024-09-01: 308.539
+  2024-10-01: 309.161
+  2024-11-01: 309.945
+  2024-12-01: 311.162
+  2025-01-01: 312.776
+  2025-02-01: 313.323
+  2025-03-01: 313.175
+  2025-04-01: 313.729
+  2025-05-01: 313.961
+  2025-06-01: 314.858
+  2025-07-01: 315.279
+  2025-08-01: 316.530
+  # CBO projections from CBO Jan 2025 forecast for future periods.
+  # Since CBO projects the relevant tax parameter,
+  # which is the average over the 12mo ending August,
+  # we place that in February of each year.
+  2026-02-01: 318.949 # 2026Q1 from CBO Jan 2025 forecast.
   2026-05-01: 320.811 # 2026Q2: 327.5 * 309.141 / 315.587
   2026-08-01: 322.672 # 2026Q3: 329.4 * 309.141 / 315.587
   2026-11-01: 324.533 # 2026Q4: 331.3 * 309.141 / 315.587

policyengine_us/parameters/gov/contrib/harris/capital_gains/rates.yaml

@@ -0,0 +1,12 @@
+description: Harris proposed to tax capital gains at the following rates.
+1:
+  2013-01-01: 0
+2:
+  2013-01-01: 0.15
+3:
+  2013-01-01: 0.2
+4:
+  2013-01-01: 0.28
+metadata:
+  unit: /1
+  label: Harris capital gains tax rates

policyengine_us/parameters/gov/contrib/harris/capital_gains/thresholds.yaml

@@ -0,0 +1,168 @@
+description: Top thresholds of Harris proposed capital gains tax brackets
+metadata:
+  unit: currency-USD
+  period: year
+  label: Harris capital gains tax rate thresholds
+  breakdown:
+    - range(1, 4)
+    - filing_status
+  propagate_metadata_to_children: true
+  reference:
+    - title: Internal Revenue Code §1(j)(5)(B)
+      href: https://www.law.cornell.edu/uscode/text/26/1#j_5_B
+      # IRC defines amounts as of 2018. Defines COLA with rounded up to the nearest multiple of $50.
+    - title: 2024 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-23-34.pdf#page=8
+    - title: 2023 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-22-38.pdf#page=8
+    - title: 2022 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-21-45.pdf#page=8
+    - title: 2021 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-20-45.pdf#page=8
+    - title: 2020 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-19-44.pdf#page=8
+    - title: 2019 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-18-57.pdf#page=8
+1:
+  HEAD_OF_HOUSEHOLD:
+    2013-01-01: 48_600
+    2014-01-01: 49_400
+    2015-01-01: 50_200
+    2016-01-01: 50_400
+    2017-01-01: 50_800
+    2018-01-01: 51_700
+    2019-01-01: 52_750
+    2020-01-01: 53_600
+    2021-01-01: 54_100
+    2022-01-01: 55_800
+    2023-01-01: 59_750
+    2024-01-01: 63_000
+  JOINT:
+    2013-01-01: 72_500
+    2014-01-01: 73_800
+    2015-01-01: 74_900
+    2016-01-01: 75_300
+    2017-01-01: 75_900
+    2018-01-01: 77_200
+    2019-01-01: 78_750
+    2020-01-01: 80_000
+    2021-01-01: 80_800
+    2022-01-01: 83_350
+    2023-01-01: 89_250
+    2024-01-01: 94_050
+  SEPARATE:
+    2013-01-01: 36_250
+    2014-01-01: 36_900
+    2015-01-01: 37_450
+    2016-01-01: 37_650
+    2017-01-01: 37_950
+    2018-01-01: 38_600
+    2019-01-01: 39_375
+    2020-01-01: 40_000
+    2021-01-01: 40_400
+    2022-01-01: 41_675
+    2023-01-01: 44_625
+    2024-01-01: 47_025
+  SINGLE:
+    2013-01-01: 36_250
+    2014-01-01: 36_900
+    2015-01-01: 37_450
+    2016-01-01: 37_650
+    2017-01-01: 37_950
+    2018-01-01: 38_600
+    2019-01-01: 39_375
+    2020-01-01: 40_000
+    2021-01-01: 40_400
+    2022-01-01: 41_675
+    2023-01-01: 44_625
+    2024-01-01: 47_025
+  SURVIVING_SPOUSE:
+    2013-01-01: 72_500
+    2014-01-01: 73_800
+    2015-01-01: 74_900
+    2016-01-01: 75_300
+    2017-01-01: 75_900
+    2018-01-01: 77_200
+    2019-01-01: 78_750
+    2020-01-01: 80_000
+    2021-01-01: 80_800
+    2022-01-01: 83_350
+    2023-01-01: 89_250
+    2024-01-01: 94_050
+2:
+  HEAD_OF_HOUSEHOLD:
+    2013-01-01: 425_000
+    2014-01-01: 432_200
+    2015-01-01: 439_000
+    2016-01-01: 441_000
+    2017-01-01: 444_550
+    2018-01-01: 452_400
+    2019-01-01: 461_700
+    2020-01-01: 469_050
+    2021-01-01: 473_750
+    2022-01-01: 488_500
+    2023-01-01: 523_050
+    2024-01-01: 551_350
+  JOINT:
+    2013-01-01: 450_000
+    2014-01-01: 457_600
+    2015-01-01: 464_850
+    2016-01-01: 466_950
+    2017-01-01: 470_700
+    2018-01-01: 479_000
+    2019-01-01: 488_850
+    2020-01-01: 496_600
+    2021-01-01: 501_600
+    2022-01-01: 517_200
+    2023-01-01: 553_850
+    2024-01-01: 583_750
+  SEPARATE:
+    2013-01-01: 225_000
+    2014-01-01: 228_800
+    2015-01-01: 232_425
+    2016-01-01: 233_475
+    2017-01-01: 235_350
+    2018-01-01: 239_500
+    2019-01-01: 244_425
+    2020-01-01: 248_300
+    2021-01-01: 250_800
+    2022-01-01: 258_600
+    2023-01-01: 276_900
+    2024-01-01: 291_850
+  SINGLE:
+    2013-01-01: 400_000
+    2014-01-01: 406_750
+    2015-01-01: 413_200
+    2016-01-01: 415_050
+    2017-01-01: 418_400
+    2018-01-01: 425_800
+    2019-01-01: 434_550
+    2020-01-01: 441_450
+    2021-01-01: 445_850
+    2022-01-01: 459_750
+    2023-01-01: 492_300
+    2024-01-01: 518_900
+  SURVIVING_SPOUSE:
+    2013-01-01: 450_000
+    2014-01-01: 457_600
+    2015-01-01: 464_850
+    2016-01-01: 466_950
+    2017-01-01: 470_700
+    2018-01-01: 479_000
+    2019-01-01: 488_850
+    2020-01-01: 496_600
+    2021-01-01: 501_600
+    2022-01-01: 517_200
+    2023-01-01: 553_850
+    2024-01-01: 583_750
+3:
+  HEAD_OF_HOUSEHOLD:
+    2013-01-01: 1_000_000
+  JOINT:
+    2013-01-01: 1_000_000
+  SEPARATE:
+    2013-01-01: 1_000_000
+  SINGLE:
+    2013-01-01: 1_000_000
+  SURVIVING_SPOUSE:
+    2013-01-01: 1_000_000

policyengine_us/parameters/gov/irs/ald/student_loan_interest/reduction/start.yaml

@@ -9,6 +9,8 @@ metadata:
   reference:
     - title: 26 U.S. Code § 221 - Interest on education loans (b)(1)
       href: https://www.law.cornell.edu/uscode/text/26/221
+    - title: 2026 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-25-32.pdf#page=23
     - title: 2023 IRS data release
       href: https://www.irs.gov/pub/irs-drop/rp-22-38.pdf#page=18
     - title: 2022 IRS data release
@@ -29,6 +31,7 @@ JOINT:
     2022-01-01: 145_000
     2023-01-01: 155_000
     2024-01-01: 165_000
+    2026-01-01: 175_000
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -41,6 +44,7 @@ SINGLE:
     2019-01-01: 70_000
     2023-01-01: 75_000
     2024-01-01: 80_000
+    2026-01-01: 85_000
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -56,18 +60,20 @@ HEAD_OF_HOUSEHOLD:
     2019-01-01: 70_000
     2023-01-01: 75_000
     2024-01-01: 80_000
+    2026-01-01: 85_000
   metadata:
     uprating:
       parameter: gov.irs.uprating
       rounding:
         type: downwards
         interval: 5_000
-SURVIVING_SPOUSE: 
+SURVIVING_SPOUSE:
   values:
     2002-01-01: 50_000
     2019-01-01: 70_000
     2023-01-01: 75_000
     2024-01-01: 80_000
+    2026-01-01: 85_000
   metadata:
     uprating:
       parameter: gov.irs.uprating

policyengine_us/parameters/gov/irs/capital_gains/rates.yaml

@@ -0,0 +1,17 @@
+description: The IRS taxes long-term capital gains and qualified dividends at these rates.
+1:
+  2013-01-01: 0
+2:
+  2013-01-01: 0.15
+3:
+  2013-01-01: 0.2
+
+metadata:
+  unit: /1
+  period: year
+  label: Capital gains tax rates
+  reference:
+    - title: 26 U.S. Code § 1(h) - Tax on net capital gain
+      href: https://www.law.cornell.edu/uscode/text/26/1#h
+    - title: 26 U.S. Code § 1(j)(5)(A) - Capital gains rates
+      href: https://www.law.cornell.edu/uscode/text/26/1#j_5_A

policyengine_us/parameters/gov/irs/capital_gains/thresholds.yaml

@@ -0,0 +1,182 @@
+description: The IRS applies higher capital gains rates above these income thresholds.
+metadata:
+  unit: currency-USD
+  period: year
+  label: Capital gains tax rate thresholds
+  propagate_metadata_to_children: true
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
+  reference:
+    - title: 26 U.S. Code § 1(j)(5)(B) - Capital gains rate thresholds
+      href: https://www.law.cornell.edu/uscode/text/26/1#j_5_B
+    - title: 2026 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-25-32.pdf#page=12
+    - title: 2025 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-24-40.pdf#page=7
+    - title: 2024 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-23-34.pdf#page=8
+    - title: 2023 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-22-38.pdf#page=8
+    - title: 2022 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-21-45.pdf#page=8
+    - title: 2021 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-20-45.pdf#page=8
+    - title: 2020 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-19-44.pdf#page=8
+    - title: 2019 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-18-57.pdf#page=8
+1:
+  HEAD_OF_HOUSEHOLD:
+    2013-01-01: 48_600
+    2014-01-01: 49_400
+    2015-01-01: 50_200
+    2016-01-01: 50_400
+    2017-01-01: 50_800
+    2018-01-01: 51_700
+    2019-01-01: 52_750
+    2020-01-01: 53_600
+    2021-01-01: 54_100
+    2022-01-01: 55_800
+    2023-01-01: 59_750
+    2024-01-01: 63_000
+    2025-01-01: 64_750
+    2026-01-01: 66_200
+  JOINT:
+    2013-01-01: 72_500
+    2014-01-01: 73_800
+    2015-01-01: 74_900
+    2016-01-01: 75_300
+    2017-01-01: 75_900
+    2018-01-01: 77_200
+    2019-01-01: 78_750
+    2020-01-01: 80_000
+    2021-01-01: 80_800
+    2022-01-01: 83_350
+    2023-01-01: 89_250
+    2024-01-01: 94_050
+    2025-01-01: 96_700
+    2026-01-01: 98_900
+  SEPARATE:
+    2013-01-01: 36_250
+    2014-01-01: 36_900
+    2015-01-01: 37_450
+    2016-01-01: 37_650
+    2017-01-01: 37_950
+    2018-01-01: 38_600
+    2019-01-01: 39_375
+    2020-01-01: 40_000
+    2021-01-01: 40_400
+    2022-01-01: 41_675
+    2023-01-01: 44_625
+    2024-01-01: 47_025
+    2025-01-01: 48_350
+    2026-01-01: 49_450
+  SINGLE:
+    2013-01-01: 36_250
+    2014-01-01: 36_900
+    2015-01-01: 37_450
+    2016-01-01: 37_650
+    2017-01-01: 37_950
+    2018-01-01: 38_600
+    2019-01-01: 39_375
+    2020-01-01: 40_000
+    2021-01-01: 40_400
+    2022-01-01: 41_675
+    2023-01-01: 44_625
+    2024-01-01: 47_025
+    2025-01-01: 48_350
+    2026-01-01: 49_450
+  SURVIVING_SPOUSE:
+    2013-01-01: 72_500
+    2014-01-01: 73_800
+    2015-01-01: 74_900
+    2016-01-01: 75_300
+    2017-01-01: 75_900
+    2018-01-01: 77_200
+    2019-01-01: 78_750
+    2020-01-01: 80_000
+    2021-01-01: 80_800
+    2022-01-01: 83_350
+    2023-01-01: 89_250
+    2024-01-01: 94_050
+    2025-01-01: 96_700
+    2026-01-01: 98_900
+2:
+  HEAD_OF_HOUSEHOLD:
+    2013-01-01: 425_000
+    2014-01-01: 432_200
+    2015-01-01: 439_000
+    2016-01-01: 441_000
+    2017-01-01: 444_550
+    2018-01-01: 452_400
+    2019-01-01: 461_700
+    2020-01-01: 469_050
+    2021-01-01: 473_750
+    2022-01-01: 488_500
+    2023-01-01: 523_050
+    2024-01-01: 551_350
+    2025-01-01: 566_700
+    2026-01-01: 579_600
+  JOINT:
+    2013-01-01: 450_000
+    2014-01-01: 457_600
+    2015-01-01: 464_850
+    2016-01-01: 466_950
+    2017-01-01: 470_700
+    2018-01-01: 479_000
+    2019-01-01: 488_850
+    2020-01-01: 496_600
+    2021-01-01: 501_600
+    2022-01-01: 517_200
+    2023-01-01: 553_850
+    2024-01-01: 583_750
+    2025-01-01: 600_050
+    2026-01-01: 613_700
+  SEPARATE:
+    2013-01-01: 225_000
+    2014-01-01: 228_800
+    2015-01-01: 232_425
+    2016-01-01: 233_475
+    2017-01-01: 235_350
+    2018-01-01: 239_500
+    2019-01-01: 244_425
+    2020-01-01: 248_300
+    2021-01-01: 250_800
+    2022-01-01: 258_600
+    2023-01-01: 276_900
+    2024-01-01: 291_850
+    2025-01-01: 300_000
+    2026-01-01: 306_850
+  SINGLE:
+    2013-01-01: 400_000
+    2014-01-01: 406_750
+    2015-01-01: 413_200
+    2016-01-01: 415_050
+    2017-01-01: 418_400
+    2018-01-01: 425_800
+    2019-01-01: 434_550
+    2020-01-01: 441_450
+    2021-01-01: 445_850
+    2022-01-01: 459_750
+    2023-01-01: 492_300
+    2024-01-01: 518_900
+    2025-01-01: 533_400
+    2026-01-01: 545_500
+  SURVIVING_SPOUSE:
+    2013-01-01: 450_000
+    2014-01-01: 457_600
+    2015-01-01: 464_850
+    2016-01-01: 466_950
+    2017-01-01: 470_700
+    2018-01-01: 479_000
+    2019-01-01: 488_850
+    2020-01-01: 496_600
+    2021-01-01: 501_600
+    2022-01-01: 517_200
+    2023-01-01: 553_850
+    2024-01-01: 583_750
+    2025-01-01: 600_050
+    2026-01-01: 613_700

policyengine_us/parameters/gov/irs/credits/ctc/amount/base.yaml

@@ -16,16 +16,21 @@ brackets:
         2035-01-01: 2_700
         # Rose to $3,000/$3,600 in 2021. See arpa.yaml.
       metadata:
+        uprating:
+          parameter: gov.irs.uprating
+          rounding:
+            type: downwards
+            interval: 100
         reference:
-          - title: 26 U.S. Code § 24(a)
-            href: https://www.law.cornell.edu/uscode/text/26/24#a
-          - title: 26 U.S. Code § 24(h)
-            href: https://www.law.cornell.edu/uscode/text/26/24#h
-          - title: 26 U.S. Code § 24(i)
-            href: https://www.law.cornell.edu/uscode/text/26/24#i
-          - title: H.R.1 - One Big Beautiful Bill Act
-      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
-    # OBBB sets CTC value in $2,200 and uprates using 2024 as the base year.
+          - title: 26 U.S. Code § 24(h)(2) - Child tax credit amount
+            href: https://www.law.cornell.edu/uscode/text/26/24#h_2
+          - title: 26 U.S. Code § 24(i)(2) - Inflation adjustment for credit amount
+            href: https://www.law.cornell.edu/uscode/text/26/24#i_2
+          - title: 2026 IRS data release
+            href: https://www.irs.gov/pub/irs-drop/rp-25-32.pdf#page=13
+        # IRC §24(i)(2) adjusts the $2,200 statutory base using 2024 as reference year.
+        # Current implementation uses incremental uprating from latest value, which
+        # produces correct results but differs from statutory base-year calculation.
   - threshold:
       values:
         2013-01-01: 17

policyengine_us/parameters/gov/irs/credits/ctc/refundable/individual_max.yaml

@@ -14,10 +14,18 @@ metadata:
   unit: currency-USD
   period: year
   label: Child tax credit refundable maximum amount
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 100
   reference:
-    - title: H.R.1 - One Big Beautiful Bill Act
-      href: https://www.congress.gov/bill/119th-congress/house-bill/1/text
-    # OBBB extends TCJA CTC refundable maximum, sets base year to 2017 instead of 2016 for uprating.
+    - title: 26 U.S. Code § 24(h)(5)(A) - Child tax credit refundable portion
+      href: https://www.law.cornell.edu/uscode/text/26/24#h_5_A
+    - title: 26 U.S. Code § 24(i)(1) - Inflation adjustment for refundable amount
+      href: https://www.law.cornell.edu/uscode/text/26/24#i_1
+    - title: 2026 IRS data release
+      href: https://www.irs.gov/pub/irs-drop/rp-25-32.pdf#page=13
     - title: 2025 IRS data release
       href: https://www.irs.gov/pub/irs-drop/rp-24-40.pdf#page=8
     - title: 2024 IRS data release
@@ -32,7 +40,6 @@ metadata:
       href: https://www.irs.gov/pub/irs-drop/rp-19-44.pdf#page=10
     - title: 2019 IRS data release
       href: https://www.irs.gov/pub/irs-drop/rp-18-57.pdf#page=12
-    # NB: Not specified in prior IRS data releases.
-    # Indexed to inflation with respect to 2017, rounding down by $100.
-    - title: 26 U.S. Code § 24(h)(5)(A)
-      href: https://www.law.cornell.edu/uscode/text/26/24#h_5_A
+    # IRC §24(i)(1) adjusts the $1,400 statutory base using 2017 as reference year.
+    # Current implementation uses incremental uprating from latest value, which
+    # produces correct results but differs from statutory base-year calculation.