PolicyEngine / PolicyEngine/policyengine-taxsim
WA joint 2023 1depx 20Kpwages 29Kswages 1depx
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- Dominant language
- Python
- Stars
- 17
- Forks
- 10
- Avg merge
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Description
See http://taxsim.nber.org/out2psl/1155
No TA for Washington State, but why isn't this return due some EIC? Here:
https://workingfamiliescredit.wa.gov/apply/apply-prior-tax-years-2022-2024/apply-2023-tax-year
lists the maximum income for the credit (1 child) as $53,120 and this return has AGI of $50,047. With the maximum credit of $625 and an 11.5% clawback rate, shouldn't the EIC be $403?
Contributor guide
First steps
- Read the whole issue, then the project's contributing guide.
- Comment on the issue to say you are picking it up — it saves two people doing the same work.
- Fork the repository and make your change on a branch.
- Open a pull request that references the issue number.
Research direction
Start with the TAXSIM output for issue 1155 and compare its Washington return inputs and calculated EIC with the Working Families Tax Credit rules linked in the report. Trace the relevant Washington calculation entry point and verify whether the $50,047 AGI, one-child threshold, $625 maximum, and 11.5% clawback produce the expected $403 credit; done means explaining or correcting the discrepancy with a regression check.
Written by the indexing model from the issue text.
Assessment
- Tech stack
- python
- Domain
- fintech-quant
- Issue type
- Bug
- Difficulty
- 3/5
- Estimated time
- 1-2 days
- Activity status
- Active
- Clarity
- Mostly clear
- Newbie friendliness
- 55/100