Merge branch 'master' of https://github.com/PolicyEngine/policyengine-us

 into srilareddy/issue273

CHANGELOG.md

@@ -5,6 +5,73 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [1.161.0] - 2024-12-12 05:36:14
+
+### Added
+
+- Nebraska military retirement benefit exclusion.
+
+## [1.160.0] - 2024-12-05 16:48:14
+
+### Added
+
+- Second earner tax reform.
+
+## [1.159.0] - 2024-12-05 16:42:58
+
+### Added
+
+- Add multiple state exemptions to the repeal of state dependent exemptions reform.
+
+## [1.158.0] - 2024-12-05 15:58:14
+
+### Added
+
+- Montana property tax rebate.
+
+## [1.157.0] - 2024-12-05 15:47:47
+
+### Added
+
+- Remove CBO elasticities toggle.
+
+## [1.156.0] - 2024-12-04 21:38:01
+
+### Added
+
+- Apply the TCJA mortgage value limits under the mortgage interest deduction.
+
+## [1.155.1] - 2024-12-04 19:11:45
+
+### Fixed
+
+- Remove the SNAP child support deduction from the net income computation if applied to gross income.
+
+## [1.155.0] - 2024-12-03 20:23:24
+
+### Added
+
+- Add the Arizona charitable contributions credit to the net income tree.
+
+## [1.154.2] - 2024-12-03 20:14:27
+
+### Changed
+
+- Upgraded minimum policyengine-core version
+- Allowed more flexibility in policyengine-us-data version
+
+## [1.154.1] - 2024-12-01 16:39:30
+
+### Fixed
+
+- Arkansas 2023 low income tax table parameters.
+
+## [1.154.0] - 2024-11-30 18:08:00
+
+### Added
+
+- Louisiana 2025 standard deduction structure.
+
 ## [1.153.0] - 2024-11-25 23:01:42
 
 ### Added
@@ -10316,6 +10383,17 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 
 
+[1.161.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.160.0...1.161.0
+[1.160.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.159.0...1.160.0
+[1.159.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.158.0...1.159.0
+[1.158.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.157.0...1.158.0
+[1.157.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.156.0...1.157.0
+[1.156.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.155.1...1.156.0
+[1.155.1]: https://github.com/PolicyEngine/policyengine-us/compare/1.155.0...1.155.1
+[1.155.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.154.2...1.155.0
+[1.154.2]: https://github.com/PolicyEngine/policyengine-us/compare/1.154.1...1.154.2
+[1.154.1]: https://github.com/PolicyEngine/policyengine-us/compare/1.154.0...1.154.1
+[1.154.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.153.0...1.154.0
 [1.153.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.152.0...1.153.0
 [1.152.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.151.0...1.152.0
 [1.151.0]: https://github.com/PolicyEngine/policyengine-us/compare/1.150.1...1.151.0

changelog.yaml

@@ -8746,3 +8746,60 @@
     - Louisiana 2025 flat income tax rate.
     - Louisiana 2025 retirement income exemption increase.
   date: 2024-11-25 23:01:42
+- bump: minor
+  changes:
+    added:
+    - Louisiana 2025 standard deduction structure.
+  date: 2024-11-30 18:08:00
+- bump: patch
+  changes:
+    fixed:
+    - Arkansas 2023 low income tax table parameters.
+  date: 2024-12-01 16:39:30
+- bump: patch
+  changes:
+    changed:
+    - Upgraded minimum policyengine-core version
+    - Allowed more flexibility in policyengine-us-data version
+  date: 2024-12-03 20:14:27
+- bump: minor
+  changes:
+    added:
+    - Add the Arizona charitable contributions credit to the net income tree.
+  date: 2024-12-03 20:23:24
+- bump: patch
+  changes:
+    fixed:
+    - Remove the SNAP child support deduction from the net income computation if applied
+      to gross income.
+  date: 2024-12-04 19:11:45
+- bump: minor
+  changes:
+    added:
+    - Apply the TCJA mortgage value limits under the mortgage interest deduction.
+  date: 2024-12-04 21:38:01
+- bump: minor
+  changes:
+    added:
+    - Remove CBO elasticities toggle.
+  date: 2024-12-05 15:47:47
+- bump: minor
+  changes:
+    added:
+    - Montana property tax rebate.
+  date: 2024-12-05 15:58:14
+- bump: minor
+  changes:
+    added:
+    - Add multiple state exemptions to the repeal of state dependent exemptions reform.
+  date: 2024-12-05 16:42:58
+- bump: minor
+  changes:
+    added:
+    - Second earner tax reform.
+  date: 2024-12-05 16:48:14
+- bump: minor
+  changes:
+    added:
+    - Nebraska military retirement benefit exclusion.
+  date: 2024-12-12 05:36:14

policyengine_us/parameters/gov/contrib/second_earner_reform/in_effect.yaml

@@ -0,0 +1,8 @@
+description: The second earner tax reform is in effect if this is true.
+metadata:
+  unit: bool
+  period: year
+  label: Second earner tax reform in effect
+
+values:
+  0000-01-01: false

policyengine_us/parameters/gov/irs/deductions/itemized/interest/mortgage/cap.yaml

@@ -1,21 +1,33 @@
-description: IRS limits the total home mortgage interest deduction to this amount, based on filing status.
+description: The IRS allows an itemized deduction for interest paid on mortgages up to this amount, based on filing status.
 SINGLE:
-  2018-01-01: 1_000_000
+  2017-01-01: 1_000_000
+  2018-01-01: 750_000
+  2026-01-01: 1_000_000
 JOINT:
-  2018-01-01: 1_000_000
+  2017-01-01: 1_000_000
+  2018-01-01: 750_000
+  2026-01-01: 1_000_000
 SEPARATE:
-  2018-01-01: 500_000
+  2017-01-01: 500_000
+  2018-01-01: 375_000
+  2026-01-01: 500_000
 HEAD_OF_HOUSEHOLD:
-  2018-01-01: 1_000_000
+  2017-01-01: 1_000_000
+  2018-01-01: 750_000
+  2026-01-01: 1_000_000
 SURVIVING_SPOUSE:
-  2018-01-01: 1_000_000
+  2017-01-01: 1_000_000
+  2018-01-01: 750_000
+  2026-01-01: 1_000_000
 metadata:
   breakdown: filing_status
   unit: currency-USD
-  label: IRS home mortgage interest deduction amount cap
+  period: year
+  label: IRS home mortgage value cap
   reference:
     # Hawaii applies this AGI threshold in the state itemized deductions computation
     - title: Hawaii Income Tax Law, Chapter 235, Section 235-2.4, (j)(3)
       href: https://files.hawaii.gov/tax/legal/hrs/hrs_235.pdf#page=10
-    - title: 26 U.S. Code § 163 - Interest, (h)(3)(F)
+    # TCJA adjustemnts described in (h)(3)(F)(i)(II)
+    - title: 26 U.S. Code § 163 - Interest, (h)(3)(b)(ii)
       href: https://www.law.cornell.edu/uscode/text/26/163

policyengine_us/parameters/gov/states/ar/tax/income/rates/low_income_tax_tables/head_of_household/no_or_one_dependent.yaml

@@ -3,10 +3,10 @@ metadata:
   type: single_amount
   threshold_unit: currency-USD
   amount_unit: currency-USD
-  label: Arkanasas low income tax table head of household amount no or one dependent
+  label: Arkansas low income tax table head of household amount no or one dependent
   reference:
     - title: Arkansas Code § 26-51-301, Individuals exempt from taxation or qualifying for the low-income tax credit
-      href: https://law.justia.com/codes/arkansas/2020/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
+      href: https://law.justia.com/codes/arkansas/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
     - title: Arkansas Income Tax Instructions, 2022, Low Income Tax Tables
       href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=29
     - title: Arkansas Income Tax Instructions, 2021, Low Income Tax Tables
@@ -339,5 +339,6 @@ brackets:
       2023-01-01: 458
   - threshold:
       2021-01-01: .inf
+      2023-01-01: 23_900
     amount:
       2021-01-01: .inf

policyengine_us/parameters/gov/states/ar/tax/income/rates/low_income_tax_tables/head_of_household/two_or_more_dependents.yaml

@@ -3,10 +3,12 @@ metadata:
   type: single_amount
   threshold_unit: currency-USD
   amount_unit: currency-USD
-  label: Arkanasas low income tax table head of household amount two or more dependents
+  label: Arkansas low income tax table head of household amount two or more dependents
+  uprating: gov.bls.cpi.cpi_u
+  propagate_metadata_to_children: true
   reference:
     - title: Arkansas Code § 26-51-301, Individuals exempt from taxation or qualifying for the low-income tax credit
-      href: https://law.justia.com/codes/arkansas/2020/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
+      href: https://law.justia.com/codes/arkansas/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
     - title: Arkansas Income Tax Instructions, 2022, Low Income Tax Tables
       href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=29
     - title: Arkansas Income Tax Instructions, 2021, Low Income Tax Tables
@@ -328,4 +330,3 @@ brackets:
     amount:
       2021-01-01: .inf    
       2023-01-01: .inf      
-

policyengine_us/parameters/gov/states/ar/tax/income/rates/low_income_tax_tables/joint/no_or_one_dependent.yaml

@@ -3,10 +3,10 @@ metadata:
   type: single_amount
   threshold_unit: currency-USD
   amount_unit: currency-USD
-  label: Arkanasas low income tax table joint amount no or one dependent
+  label: Arkansas low income tax table joint amount no or one dependent
   reference:
     - title: Arkansas Code § 26-51-301, Individuals exempt from taxation or qualifying for the low-income tax credit
-      href: https://law.justia.com/codes/arkansas/2020/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
+      href: https://law.justia.com/codes/arkansas/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
     - title: Arkansas Income Tax Instructions, 2022, Low Income Tax Tables
       href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=30
     - title: Arkansas Income Tax Instructions, 2021, Low Income Tax Tables

policyengine_us/parameters/gov/states/ar/tax/income/rates/low_income_tax_tables/joint/two_or_more_dependents.yaml

@@ -3,10 +3,10 @@ metadata:
   type: single_amount
   threshold_unit: currency-USD
   amount_unit: currency-USD
-  label: Arkanasas low income tax table joint amount two or more dependents
+  label: Arkansas low income tax table joint amount two or more dependents
   reference:
     - title: Arkansas Code § 26-51-301, Individuals exempt from taxation or qualifying for the low-income tax credit
-      href: https://law.justia.com/codes/arkansas/2020/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
+      href: https://law.justia.com/codes/arkansas/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
     - title: Arkansas Income Tax Instructions, 2022, Low Income Tax Tables
       href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=30
     - title: Arkansas Income Tax Instructions, 2021, Low Income Tax Tables

policyengine_us/parameters/gov/states/ar/tax/income/rates/low_income_tax_tables/single.yaml

@@ -3,10 +3,10 @@ metadata:
   type: single_amount
   threshold_unit: currency-USD
   amount_unit: currency-USD
-  label: Arkanasas low income tax table single amount
+  label: Arkansas low income tax table single amount
   reference:
     - title: Arkansas Code § 26-51-301, Individuals exempt from taxation or qualifying for the low-income tax credit
-      href: https://law.justia.com/codes/arkansas/2020/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
+      href: https://law.justia.com/codes/arkansas/title-26/subtitle-5/chapter-51/subchapter-3/section-26-51-301/
     - title: Arkansas Income Tax Instructions, 2022, Low Income Tax Tables
       href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=29
     - title: Arkansas Income Tax Instructions, 2021, Low Income Tax Tables