AZ 2022 Joint 200K wage 40K mortgage 3 deps

[feenberg]

AZ 2022 Joint 200K wage 40K mortgage 3 deps

See

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

Emulator shows State Taxable Income of $152,449 while TaxAct reports $157,900.

[noman404]

- name: 194-AZ.yaml
  absolute_error_margin: 2
  period: 2022
  input:
    people:
      person1:
        age: 70
        employment_income: 200000
        ssi: 0
        state_supplement: 0
        wic: 0
        deductible_mortgage_interest: 40000
      person2:
        age: 40
        employment_income: 0
        ssi: 0
        state_supplement: 0
        wic: 0
        deductible_mortgage_interest: 0
      person3:
        age: 10
        employment_income: 0
        ssi: 0
        state_supplement: 0
        wic: 0
        deductible_mortgage_interest: 0
      person4:
        age: 10
        employment_income: 0
        ssi: 0
        state_supplement: 0
        wic: 0
        deductible_mortgage_interest: 0
      person5:
        age: 10
        employment_income: 0
        ssi: 0
        state_supplement: 0
        wic: 0
        deductible_mortgage_interest: 0
    tax_units:
      tax_unit:
        members: [person1, person2, person3, person4, person5]
        tax_unit_childcare_expenses: 0
        premium_tax_credit: 0
        local_income_tax: 0
        state_sales_tax: 0
    spm_units:
      spm_unit:
        members: [person1, person2, person3, person4, person5]
        snap: 0
        tanf: 0
    households:
      household:
        members: [person1, person2, person3, person4, person5]
        state_fips: 4
  output:
    income_tax: 19234.8
    az_income_tax: 3996.57
    employee_social_security_tax: 12014
    employee_medicare_tax: 2900
    additional_medicare_tax: 2900
    taxsim_tfica: 12014
    adjusted_gross_income: 200000
    tax_unit_taxable_unemployment_compensation: 0
    tax_unit_taxable_social_security: 0
    standard_deduction: 27300
    exemptions: 0
    taxable_income_deductions_if_itemizing: 45450.9
    taxable_income: 154549
    income_tax_main_rates: 25234.8
    ctc: 6000
    refundable_ctc: 0
    cdcc: 0
    eitc: 0
    amt_income: 160000
    alternative_minimum_tax: 0
    capital_gains_tax: 25234.8
    household_net_income: 164755
    az_agi: 197900
    az_standard_deduction: 25900
    az_itemized_deductions: 45450.9
    az_taxable_income: 152449
    az_property_tax_credit: 0
    az_cdcc: 0
    az_eitc: 0
    state_non_refundable_credits: 300
    state_refundable_credits: 300
    qualified_business_income_deduction: 0
    net_investment_income_tax: 0
    recovery_rebate_credit: 0

[PavelMakarchuk]

@noman404 in this test we have the mortgage deduction allocated just to the head of the household (which is correct), not sure what the difference is to #193

[PavelMakarchuk]

@feenberg the difference seems to the the $5,451 state and local tax deduction. The SALT deduction is reflected on the Arizona Form 140 Schedule A

Let me know if misread anything here

[PavelMakarchuk]

@feenberg the difference seems to the the $5,451 state and local tax deduction. The SALT deduction is reflected on the Arizona Form 140 Schedule A

Let me know if misread anything here

This seems to be a persistent cause of the differences due to the State and Local tax deduction not being included in the TaxAct calculations we would need to merge PR #171 to get more accurate results for itemizing test cases