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donboyd5 / synpuf

Synthetic PUF
MIT License
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e01500 #26

Closed feenberg closed 5 years ago

feenberg commented 5 years ago

Why is e01500 synthesized at all? The description is: e01500 Total pensions and annuities received. There is another variable e01700 that is e01700 Total pensions and annuities in AGI Does e01500 have a role in the tax calculation? I don't see where the non-taxable part can be calculated from the total.

dan

MaxGhenis commented 5 years ago

@andersonfrailey I see neither e01500 nor e01700 in finalprep.py, though they're in http://pslmodels.github.io/Tax-Calculator. Should we synthesize these, and is there another place to look to see how variables are used?

donboyd5 commented 5 years ago

Given that Tax-Calculator checks to see if e01500 >=e01700 it probably is using them in some fashion.

re whether e01500 adds any value that we don't already have in e01700, I can think of reasons why it might.

In particular, since e01500 is total pensions paid, it could be easier than e01700 to link to economic variables if one is forecasting files for future years. Then you'd have to do some sort of split to get e01700 from the forecasted e01500, allowing separate growth factors for the two variables. But that's just a guess.

@andersonfrailey any thoughts on whether one or both variables are used in Tax-Calculator?

andersonfrailey commented 5 years ago

Both are used in Tax-Calculator. First to calculate the Schedule R credit, then e01700 is used in the CapGains function, and e01500 is used in the ExpandedIncome function.

feenberg commented 5 years ago

Thanks - that helps.

dan

On Mon, 17 Dec 2018, andersonfrailey wrote:

Both are used in Tax-Calculator. First to calculate the Schedule R credit, then e01700 is used in the CapGains function, and e01500 is used in the ExpandedIncome function.

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