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nikhilwoodruffnikhilwoodruff
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Merge pull request #344 from PolicyEngine/amt
Add AMT
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‎.gitignore

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.coverage
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**/*.xml
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taxcalc_output
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.vscode/settings.json

‎CHANGELOG.md

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2020
### 0.5.0
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* Added Medicaid Tests + Income Threshold Formula for California
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### 0.6.0
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* Added Alternative Minimum Tax (AMT) income and liability logic
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* Added development tools for auto-generating unit tests for Tax-Calculator functions

‎openfisca_us/parameters/irs/income/amt/brackets.yaml

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rates:
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metadata:
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unit: /1
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1:
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values:
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2013-01-01: 0.26
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2:
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values:
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2013-01-01: 0.02
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thresholds:
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description: AMT brackets (upper thresholds)
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metadata:
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unit: currency-USD
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period: year
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1:
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values:
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2013-01-01: 179_500.0
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2014-01-01: 182_500.0
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2015-01-01: 185_400.0
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2016-01-01: 186_300.0
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2017-01-01: 187_800.0
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2018-01-01: 191_100.0
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2019-01-01: 194_800.0

‎openfisca_us/parameters/irs/income/amt/capital_gains/brackets.yaml

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rates:
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description: Long term capital gain and qualified dividends (AMT) rates
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metadata:
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unit: /1
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1:
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2013-01-01: 0.0
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2:
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2013-01-01: 0.15
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3:
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2013-01-01: 0.2
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thresholds:
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description: Tops of long-term capital gains and qualified dividends (AMT) tax brackets
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metadata:
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unit: currency-USD
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1:
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HEAD_OF_HOUSEHOLD:
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values:
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2013-01-01: 48_600.0
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2014-01-01: 49_400.0
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2015-01-01: 50_200.0
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2016-01-01: 50_400.0
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2017-01-01: 50_800.0
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2018-01-01: 51_700.0
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2019-01-01: 52_750.0
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JOINT:
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values:
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2013-01-01: 72_500.0
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2014-01-01: 73_800.0
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2015-01-01: 74_900.0
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2016-01-01: 75_300.0
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2017-01-01: 75_900.0
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2018-01-01: 77_200.0
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2019-01-01: 78_750.0
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SEPARATE:
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values:
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2013-01-01: 36_250.0
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2014-01-01: 36_900.0
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2015-01-01: 37_450.0
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2016-01-01: 37_650.0
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2017-01-01: 37_950.0
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2018-01-01: 38_600.0
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2019-01-01: 39_375.0
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SINGLE:
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values:
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2013-01-01: 36_250.0
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2014-01-01: 36_900.0
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2015-01-01: 37_450.0
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2016-01-01: 37_650.0
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2017-01-01: 37_950.0
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2018-01-01: 38_600.0
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2019-01-01: 39_375.0
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WIDOW:
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values:
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2013-01-01: 72_500.0
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2014-01-01: 73_800.0
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2015-01-01: 74_900.0
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2016-01-01: 75_300.0
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2017-01-01: 75_900.0
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2018-01-01: 77_200.0
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2019-01-01: 78_750.0
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2:
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HEAD_OF_HOUSEHOLD:
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values:
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2013-01-01: 425_000.0
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2014-01-01: 432_200.0
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2015-01-01: 439_000.0
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2016-01-01: 441_000.0
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2017-01-01: 444_550.0
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2018-01-01: 452_400.0
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2019-01-01: 461_700.0
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JOINT:
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values:
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2013-01-01: 450_000.0
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2014-01-01: 457_600.0
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2015-01-01: 464_850.0
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2016-01-01: 466_950.0
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2017-01-01: 470_700.0
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2018-01-01: 479_000.0
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2019-01-01: 488_850.0
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SEPARATE:
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values:
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2013-01-01: 225_000.0
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2014-01-01: 228_800.0
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2015-01-01: 232_425.0
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2016-01-01: 233_475.0
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2017-01-01: 235_350.0
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2018-01-01: 239_500.0
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2019-01-01: 244_425.0
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SINGLE:
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values:
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2013-01-01: 400_000.0
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2014-01-01: 406_750.0
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2015-01-01: 413_200.0
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2016-01-01: 415_050.0
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2017-01-01: 418_400.0
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2018-01-01: 425_800.0
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2019-01-01: 434_550.0
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WIDOW:
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values:
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2013-01-01: 450_000.0
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2014-01-01: 457_600.0
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2015-01-01: 464_850.0
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2016-01-01: 466_950.0
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2017-01-01: 470_700.0
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2018-01-01: 479_000.0
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2019-01-01: 488_850.0

‎openfisca_us/parameters/irs/income/amt/exemption/amount.yaml

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description: AMT exemption amount
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metadata:
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unit: currency-USD
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period: year
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HEAD_OF_HOUSEHOLD:
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values:
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2013-01-01: 51_900.0
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2014-01-01: 52_800.0
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2015-01-01: 53_600.0
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2016-01-01: 53_900.0
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2017-01-01: 54_300.0
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2018-01-01: 70_300.0
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2019-01-01: 71_700.0
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2026-01-01: 62_898.0
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JOINT:
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values:
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2013-01-01: 80_800.0
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2014-01-01: 82_100.0
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2015-01-01: 83_400.0
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2016-01-01: 83_800.0
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2017-01-01: 84_500.0
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2018-01-01: 109_400.0
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2019-01-01: 111_700.0
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2026-01-01: 97_880.0
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SEPARATE:
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values:
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2013-01-01: 40_400.0
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2014-01-01: 41_050.0
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2015-01-01: 41_700.0
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2016-01-01: 41_900.0
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2017-01-01: 42_250.0
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2018-01-01: 54_700.0
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2019-01-01: 55_850.0
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2026-01-01: 48_940.0
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SINGLE:
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values:
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2013-01-01: 51_900.0
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2014-01-01: 52_800.0
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2015-01-01: 53_600.0
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2016-01-01: 53_900.0
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2017-01-01: 54_300.0
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2018-01-01: 70_300.0
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2019-01-01: 71_700.0
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2026-01-01: 62_898.0
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WIDOW:
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values:
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2013-01-01: 80_800.0
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2014-01-01: 82_100.0
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2015-01-01: 83_400.0
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2016-01-01: 83_800.0
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2017-01-01: 84_500.0
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2018-01-01: 10_9400.0
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2019-01-01: 111_700.0
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2026-01-01: 97_880.0

‎openfisca_us/parameters/irs/income/amt/exemption/child/amount.yaml

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description: Child AMT exemption additional income base
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metadata:
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unit: currency-USD
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values:
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2013-01-01: 7_150.0
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2014-01-01: 7_250.0
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2015-01-01: 7_400.0
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2016-01-01: 7_400.0
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2017-01-01: 7_500.0
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2018-01-01: 7_600.0
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2019-01-01: 0.0

‎openfisca_us/parameters/irs/income/amt/exemption/child/max_age.yaml

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description: Age ceiling for special AMT exemption
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metadata:
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unit: year
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values:
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2013-01-01: 18.0

‎openfisca_us/parameters/irs/income/amt/exemption/phaseout/rate.yaml

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description: AMT exemption phaseout rate
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metadata:
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unit: currency-USD
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values:
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2013-01-01: 0.25

‎openfisca_us/parameters/irs/income/amt/exemption/phaseout/start.yaml

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description: AMT exemption phaseout start
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metadata:
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unit: currency-USD
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period: year
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HEAD_OF_HOUSEHOLD:
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values:
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2013-01-01: 115_400.0
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2014-01-01: 117_300.0
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2015-01-01: 119_200.0
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2016-01-01: 119_700.0
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2017-01-01: 120_700.0
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2018-01-01: 500_000.0
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2019-01-01: 510_300.0
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2026-01-01: 139_812.0
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JOINT:
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values:
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2013-01-01: 153_900.0
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2014-01-01: 156_500.0
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2015-01-01: 158_900.0
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2016-01-01: 159_700.0
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2017-01-01: 160_900.0
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2018-01-01: 1_000_000.0
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2019-01-01: 1_020_600.0
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2026-01-01: 186_378.0
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SEPARATE:
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values:
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2013-01-01: 76_950.0
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2014-01-01: 78_250.0
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2015-01-01: 79_450.0
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2016-01-01: 79_850.0
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2017-01-01: 80_450.0
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2018-01-01: 500_000.0
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2019-01-01: 510_300.0
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2026-01-01: 93_189.0
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SINGLE:
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values:
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2013-01-01: 115_400.0
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2014-01-01: 117_300.0
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2015-01-01: 119_200.0
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2016-01-01: 119_700.0
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2017-01-01: 120_700.0
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2018-01-01: 500_000.0
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2019-01-01: 510_300.0
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2026-01-01: 139_812.0
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WIDOW:
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values:
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2013-01-01: 153_900.0
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2014-01-01: 156_500.0
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2015-01-01: 158_900.0
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2016-01-01: 159_700.0
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2017-01-01: 160_900.0
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2018-01-01: 1_000_000.0
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2019-01-01: 1_020_600.0
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2026-01-01: 186_378.0

‎openfisca_us/parameters/irs/income/amt/exemption/separate_limit.yaml

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description: AMT exemption phaseout ending AMT taxable income for Married filing Separately. The AMT exemption is entirely disallowed beyond this AMT taxable income level for individuals who are married but filing separately.
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metadata:
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unit: currency-USD
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values:
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2013-01-01: 238_550.0
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2014-01-01: 242_450.0
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2015-01-01: 246_250.0
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2016-01-01: 247_450.0
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2017-01-01: 249_450.0
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2018-01-01: 718_800.0
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2019-01-01: 733_700.0
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2026-01-01: 288_949.0

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