PolicyEngine / PolicyEngine/policyengine-taxsim

AR joint 2022 88Kpwages 162Kswages 1depx

Open
#1,143 1 comment 0 reactions 0 assignees View on GitHub

Nobody has claimed this yet.

Dominant language
Python
Stars
17
Forks
10
Avg merge
15h 55m
Merged PRs (30d)
1

Description

See http://taxsim.nber.org/out2psl/1142

PE and TA both choose married-combined and get the same tax before credits. TA calculates the inflation relief credit separately for each taxpayer while PE uses the joint filing calculation of that credit. They are different. See the worksheet.

I think this makes the selection of joint v combined more difficult.

Contributor guide

Open the contributing guide

First steps

  1. Read the whole issue, then the project's contributing guide.
  2. Comment on the issue to say you are picking it up — it saves two people doing the same work.
  3. Fork the repository and make your change on a branch.
  4. Open a pull request that references the issue number.

Research direction

Start with the TAXSIM output at http://taxsim.nber.org/out2psl/1142 and the referenced worksheet. Compare the PE and TA calculations for the inflation relief credit when both select married-combined, then determine how the joint-versus-combined selection should be made consistent.

Written by the indexing model from the issue text.

Assessment

Tech stack
python
Domain
fintech-quant
Issue type
Bug
Difficulty
4/5
Estimated time
3-5 days
Activity status
Quiet
Clarity
Needs clarification
Newbie friendliness
42/100

Get new issues in your inbox

A short digest of beginner-friendly GitHub issues.