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PolicyEngine / policyengine-taxsim

TAXSIM emulator using the PolicyEngine US federal and state tax calculator
MIT License
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MS 2023 bigwage single #95

Closed feenberg closed 1 week ago

feenberg commented 2 weeks ago

1 millioin dollars wage income, single MS return.

See

http://taxsim.nber.org/out2psl/ms

and note that emulator siitax is exactly twice TaxAct tax.

PavelMakarchuk commented 1 week ago

This was actually an issue in PolicyEngine US - will be fixed by #5325 we were missing a top bracket in 2023 which was causing the state income tax amounts to double - thank you for filing this