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Changes caused by using variables in taxdata add-k1bx14 branch #1438

Merged
merged 12 commits into from
Jul 6, 2017
Merged
4 changes: 3 additions & 1 deletion RELEASES.md
Original file line number Diff line number Diff line change
Expand Up @@ -13,6 +13,9 @@ Release 0.9.1 on 2017-??-??
- None

**New Features**
- Add Form 1065 Schedule K-1 self-employment earnings to calculation of self-employment payroll taxes
[[#1438](https://github.com/open-source-economics/Tax-Calculator/pull/1438)
by Martin Holmer]
- Improve calculation of sub-sample weights
[[#1441](https://github.com/open-source-economics/Tax-Calculator/pull/1441)
by Hank Doupe]
Expand Down Expand Up @@ -49,7 +52,6 @@ Release 0.9.0 on 2017-06-14
by Martin Holmer]

**Bug Fixes**

- Fix logic of gross casualty loss calculation by moving it out of
Tax-Calculator and into the taxdata repository
[[#1426](https://github.com/open-source-economics/Tax-Calculator/pull/1426)
Expand Down
2 changes: 1 addition & 1 deletion docs/index.html

Large diffs are not rendered by default.

2 changes: 1 addition & 1 deletion taxcalc/calculate.py
Original file line number Diff line number Diff line change
Expand Up @@ -256,7 +256,7 @@ def mtr(self, variable_str='e00200p',
'e00650', qualified dividends (also included in e00600)
'e01400', federally-taxable IRA distribution;
'e01700', federally-taxable pension benefits;
'e02000', Schedule E net income/loss
'e02000', Schedule E total net income/loss
'e02400', all social security (OASDI) benefits;
'p22250', short-term capital gains;
'p23250', long-term capital gains;
Expand Down
42 changes: 21 additions & 21 deletions taxcalc/comparison/reform_results.txt
Original file line number Diff line number Diff line change
Expand Up @@ -2,21 +2,21 @@
PAYROLL TAXES
""
Increase the Social Security payroll tax rate by 1pts
Tax-Calculator,62.0,64.3,67.7,70.5
Tax-Calculator,62.2,64.6,68.0,70.8
""
Increase the maximum taxable earnings (177500) for the social security payroll tax
Tax-Calculator,51.2,60.2,56.4,58.4
Tax-Calculator,50.2,58.8,55.0,56.9
Budget Options,40,46,49,51
""
Increase the payroll tax rate for Medicare (HI) by 1pts
Tax-Calculator,75.0,78.5,81.9,85.3
Tax-Calculator,74.7,78.1,81.6,84.9
Budget Options,73,77,82,87
""
Increase the Additional Medicare Tax exclusion by 10,000
Tax-Calculator,-0.3,-0.3,-0.4,-0.4
Tax-Calculator,-0.3,-0.3,-0.3,-0.4
""
Increase the Additional Medicare Tax rate by 0.1 pts
Tax-Calculator,0.8,0.9,1.0,1.1
Tax-Calculator,0.8,0.9,0.9,1.0
""
SOCIAL SECURITY TAXABILITY
""
Expand All @@ -28,18 +28,18 @@ Budget Options,35,37,38,40
ADJUSTMENTS
""
Net exclusion of KEOGH plan
Tax-Calculator,7.5,7.8,8.1,8.4
Tax-Calculator,7.6,7.8,8.1,8.4
Tax Expenditure,9,10,11,16
""
Deduction for student loans
Tax-Calculator,1.7,1.8,1.9,2.0
Tax Expenditure,2,2,2,2
""
Eliminate adjustment for self-employment tax
Tax-Calculator,4.2,4.3,4.7,5.0
Tax-Calculator,4.2,4.5,4.9,5.2
""
Eliminate adjustment for self-employed health insurance
Tax-Calculator,6.0,6.1,6.3,6.4
Tax-Calculator,6.0,6.2,6.3,6.4
""
Eliminate adjustment for alimony payments
Tax-Calculator,2.1,2.2,2.3,2.4
Expand All @@ -50,7 +50,7 @@ Tax-Calculator,0.1,0.1,0.1,0.1
EXEMPTION
""
Increase personal and dependent exemption amount by 1000
Tax-Calculator,-32.4,-34.5,-39.1,-40.6
Tax-Calculator,-32.4,-34.5,-39.1,-40.5
""
Increase personal exemption phaseout starting AGI by 10,000
Tax-Calculator,-0.1,-0.1,-0.1,-0.2
Expand All @@ -77,11 +77,11 @@ Tax-Calculator,69.6,74.9,80.1,84.7
Tax Expenditure,75,82,88,93
""
Both real estate and state and local
Tax-Calculator,101.2,107.2,113.0,118.5
Tax-Calculator,101.2,107.1,113.0,118.5
Tax Expenditure,75,82,88,93
""
State & Local
Tax-Calculator,66.9,70.3,73.9,77.4
Tax-Calculator,66.8,70.3,73.9,77.3
Tax Expenditure,59,63,67,71
""
Medical
Expand All @@ -93,7 +93,7 @@ Tax-Calculator,0.5,0.5,0.5,0.5
Tax Expenditure,0,0,0,0
""
Charitable
Tax-Calculator,46.8,49.5,52.0,54.3
Tax-Calculator,46.8,49.5,52.0,54.2
Tax Expenditure,46,47,48,50
""
Decrease AGI floor for miscellaneous expenses by 1 pts
Expand All @@ -109,7 +109,7 @@ Increase Itemized Deduction phaseout rate by 1 pts
Tax-Calculator,4.3,4.5,4.7,4.9
""
limit the tax value of ID to 6% of AGI
Tax-Calculator,20.0,21.0,22.1,23.1
Tax-Calculator,20.0,21.0,22.1,23.2
Budget Options,11,9,8,7
""
CAPITAL GAIN
Expand All @@ -124,11 +124,11 @@ Budget Options,5,5,5,6
REGULAR TAXES
""
Increase each bracket rate by 1%
Tax-Calculator,58.8,61.3,64.0,66.5
Tax-Calculator,58.8,61.2,63.9,66.5
Budget Options,56,60,65,69
""
Increase top 4 rates by 1%
Tax-Calculator,14.2,14.7,15.3,15.8
Tax-Calculator,14.2,14.7,15.3,15.7
Budget Options,11,12,14,15
""
Increase top 2 rates by 1%
Expand All @@ -148,12 +148,12 @@ Tax-Calculator,-2.6,-3.3,-4.2,-4.3
Alternative Minimum Tax
""
Increase exemption phaseout rate by 2 pts
Tax-Calculator,2.7,3.0,3.1,3.3
Tax-Calculator,2.7,3.0,3.2,3.3
""
Alternative Minimum Tax
""
Increase AMT rate under the surtax threshold by 2 pts
Tax-Calculator,28.4,30.4,32.2,33.6
Tax-Calculator,28.4,30.4,32.3,33.6
""
Alternative Minimum Tax
""
Expand All @@ -166,7 +166,7 @@ Tax-Calculator,-0.5,-0.7,-0.9,-0.9
NONREFUNDABLE CREDIT
""
Total expenditure from child tax credit
Tax-Calculator,51.2,50.6,50.0,49.4
Tax-Calculator,51.1,50.6,49.9,49.4
Tax Expenditure,57,57,57,57
""
Increase Child Tax Credit phaseout rate by 1 pts
Expand All @@ -178,7 +178,7 @@ Tax-Calculator,-0.2,-0.2,-0.2,-0.2
REFUNDABLE CREDIT
""
Earned income tax credit, total
Tax-Calculator,65.7,65.0,64.9,66.3
Tax-Calculator,65.5,64.8,64.8,66.3
Tax Expenditure,70,71,72,70
""
Increase EITC phaseout rate by 1 pts
Expand All @@ -188,10 +188,10 @@ Increase EITC phaseout starting AGI by 1000
Tax-Calculator,-2.1,-2.7,-3.3,-3.4
""
Increase Maximum EITC allowed by 100
Tax-Calculator,-2.1,-3.1,-4.3,-4.4
Tax-Calculator,-2.0,-3.1,-4.2,-4.4
""
Increase additional child tax credit rate by 2 pts
Tax-Calculator,-0.7,-0.6,-0.6,-0.6
Tax-Calculator,-0.7,-0.7,-0.7,-0.6
""
Decrease additional child tax credit minimum number of child to two
Tax-Calculator,0.0,0.0,0.0,0.0
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/functions.py
Original file line number Diff line number Diff line change
Expand Up @@ -19,15 +19,15 @@
@iterate_jit(nopython=True)
def EI_PayrollTax(SS_Earnings_c, e00200, e00200p, e00200s,
FICA_ss_trt, FICA_mc_trt, ALD_SelfEmploymentTax_hc,
e00900p, e00900s, e02100p, e02100s,
e00900p, e00900s, e02100p, e02100s, k1bx14p, k1bx14s,
payrolltax, ptax_was, setax, c03260, ptax_oasdi,
sey, earned, earned_p, earned_s):
"""
Compute part of total OASDI+HI payroll taxes and earned income variables.
"""
# compute sey and its individual components
sey_p = e00900p + e02100p
sey_s = e00900s + e02100s
sey_p = e00900p + e02100p + k1bx14p
sey_s = e00900s + e02100s + k1bx14s
sey = sey_p + sey_s # total self-employment income for filing unit

# compute taxable earnings for OASDI FICA ('was' denotes 'wage and salary')
Expand Down
4 changes: 3 additions & 1 deletion taxcalc/records.py
Original file line number Diff line number Diff line change
Expand Up @@ -117,7 +117,7 @@ def __init__(self,
self._read_data(data, exact_calculations)
# check that three sets of split-earnings variables have valid values
msg = 'expression "{0} == {0}p + {0}s" is not true for every record'
tol = 0.010001 # handles "%.2f" rounding error
tol = 0.020001 # handles "%.2f" rounding errors
if not np.allclose(self.e00200, (self.e00200p + self.e00200s),
rtol=0.0, atol=tol):
raise ValueError(msg.format('e00200'))
Expand Down Expand Up @@ -329,6 +329,8 @@ def _blowup(self, year):
self.p25470 *= ASCHEI
self.e26270 *= ASCHEI
self.e27200 *= ASCHEI
self.k1bx14p *= ASCHEI
self.k1bx14s *= ASCHEI
# MISCELLANOUS SCHEDULES
self.e07600 *= ATXPY
self.e32800 *= ATXPY
Expand Down
20 changes: 15 additions & 5 deletions taxcalc/records_variables.json
Original file line number Diff line number Diff line change
Expand Up @@ -154,7 +154,7 @@
},
"e02000": {
"type": "float",
"desc": "Sch E rental, royalty, S-corp, etc, income/loss",
"desc": "Sch E total rental, royalty, partnership, S-corporation, etc, income/loss (includes e26270 and e27200 and p25470)",
"form": {"2013-2016": "1040 line 17"}
},
"e02100": {
Expand Down Expand Up @@ -338,12 +338,12 @@
},
"e26270": {
"type": "float",
"desc": "Sch E: Combined partnership and S-corporation net income/loss",
"desc": "Sch E: Combined partnership and S-corporation net income/loss (includes k1bx14p and k1bx14s amounts and is included in e02000)",
"form": {"2013-2016": "1040 Sch E line 32"}
},
"e27200": {
"type": "float",
"desc": "Sch E: Farm rent net income or loss",
"desc": "Sch E: Farm rent net income or loss (included in e02000)",
"form": {"2013-2016": "1040 Sch E line 40"}
},
"e32800": {
Expand Down Expand Up @@ -386,13 +386,23 @@
"desc": "1 if filing unit in IRS-SOI PUF sample; 0 if from CPS sample",
"form": {"2013-2016": "sample construction info"}
},
"k1bx14p": {
"type": "float",
"desc": "Partner self-employment earnings/loss for taxpayer (included in e26270 total)",
"form": {"2013-2016": "1065 (Schedule K-1) box 14"}
},
"k1bx14s": {
"type": "float",
"desc": "Partner self-employment earnings/loss for spouse (included in e26270 total)",
"form": {"2013-2016": "1065 (Schedule K-1) box 14"}
},
"n24": {
"type": "int",
"desc": "Number of children eligible for Child Tax Credit",
"form": {"2013-2016": "imputed from CPS data"}
},
"nu05": {
"type": "float",
"type": "int",
"desc": "Number of dependents under 5 years old",
"form": {"2013-2016": "imputed from CPS data"}
},
Expand Down Expand Up @@ -434,7 +444,7 @@
},
"p25470": {
"type": "float",
"desc": "Sch E: Royalty depletion and/or rental depreciation",
"desc": "Sch E: Royalty depletion and/or rental depreciation (included in e02000)",
"form": {"2013-2016": "1040 Sch E line 18"}
},
"p87521": {
Expand Down
38 changes: 19 additions & 19 deletions taxcalc/tests/pufcsv_agg_expect.txt
Original file line number Diff line number Diff line change
@@ -1,23 +1,23 @@
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Returns (#m) 162.5 162.2 164.4 167.1 170.1 172.9 175.4 177.7 179.9 182.2
AGI ($b) 9,327.8 10,021.5 10,546.0 11,022.9 11,445.3 11,876.7 12,282.3 12,720.8 13,220.5 13,764.9
Itemizers (#m) 42.1 42.0 42.8 43.9 44.6 45.4 46.0 46.6 47.2 47.7
Itemized Deduction ($b) 1,091.5 1,105.2 1,159.7 1,218.1 1,269.7 1,329.3 1,387.9 1,452.0 1,522.0 1,595.1
Standard Deduction Filers (#m) 108.1 107.7 108.9 110.1 111.9 113.6 115.2 116.5 117.8 119.2
Standard Deduction ($b) 918.3 925.2 951.0 962.5 985.9 1,023.6 1,061.6 1,100.0 1,139.1 1,179.4
Personal Exemption ($b) 1,114.6 1,114.0 1,137.0 1,162.0 1,173.9 1,212.4 1,251.9 1,292.0 1,333.4 1,375.8
Taxable Income ($b) 6,650.8 7,341.8 7,770.9 8,160.1 8,502.2 8,814.2 9,098.3 9,408.8 9,774.8 10,180.8
Regular Tax ($b) 1,360.7 1,534.2 1,620.7 1,704.0 1,777.5 1,840.2 1,896.6 1,958.3 2,034.4 2,120.6
AMT Income ($b) 8,787.0 9,485.9 9,983.0 10,429.6 10,827.8 11,229.4 11,606.2 12,012.9 12,477.4 12,985.4
AMT Liability ($b) 36.4 38.7 40.8 43.3 45.7 47.9 50.1 52.6 55.2 58.3
AMT Filers (#m) 4.5 4.8 5.1 5.4 5.7 5.8 5.9 6.0 6.1 6.2
Tax before Credits ($b) 1,397.0 1,572.8 1,661.5 1,747.3 1,823.3 1,888.1 1,946.7 2,010.8 2,089.6 2,178.9
Refundable Credits ($b) 99.9 97.9 98.2 97.2 96.8 98.4 100.3 102.2 104.0 105.6
Nonrefundable Credits ($b) 73.1 73.7 73.8 74.0 74.8 75.4 75.8 76.1 76.9 78.0
AGI ($b) 9,326.9 10,020.7 10,545.0 11,021.7 11,444.0 11,875.2 12,280.7 12,719.3 13,218.9 13,763.2
Itemizers (#m) 42.1 42.0 42.8 43.9 44.6 45.4 46.0 46.5 47.2 47.7
Itemized Deduction ($b) 1,091.5 1,105.2 1,159.6 1,218.2 1,269.7 1,329.3 1,387.7 1,451.9 1,522.0 1,595.1
Standard Deduction Filers (#m) 108.1 107.7 108.8 110.1 111.9 113.6 115.1 116.5 117.8 119.1
Standard Deduction ($b) 918.2 925.0 950.7 962.2 985.7 1,023.3 1,061.4 1,099.7 1,138.8 1,179.1
Personal Exemption ($b) 1,114.5 1,113.8 1,136.7 1,161.7 1,173.7 1,212.2 1,251.6 1,291.7 1,333.1 1,375.5
Taxable Income ($b) 6,649.9 7,341.0 7,769.9 8,158.9 8,500.8 8,812.8 9,096.8 9,407.3 9,773.2 10,179.2
Regular Tax ($b) 1,360.5 1,534.0 1,620.5 1,703.7 1,777.2 1,839.9 1,896.3 1,957.9 2,034.1 2,120.3
AMT Income ($b) 8,786.1 9,485.0 9,982.0 10,428.2 10,826.5 11,227.9 11,604.7 12,011.3 12,475.9 12,983.7
AMT Liability ($b) 36.4 38.7 40.9 43.4 45.8 47.9 50.2 52.6 55.3 58.3
AMT Filers (#m) 4.5 4.8 5.1 5.5 5.7 5.8 5.9 6.0 6.1 6.3
Tax before Credits ($b) 1,396.9 1,572.7 1,661.4 1,747.1 1,823.1 1,887.8 1,946.4 2,010.5 2,089.3 2,178.6
Refundable Credits ($b) 99.4 97.4 97.9 97.1 96.7 98.3 100.3 102.2 104.0 105.6
Nonrefundable Credits ($b) 73.2 73.8 73.9 74.1 74.9 75.4 75.8 76.2 76.9 78.0
Reform Surtaxes ($b) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Taxes ($b) 29.9 39.2 44.2 47.6 48.5 49.5 50.2 51.6 53.6 55.8
Ind Income Tax ($b) 1,254.0 1,440.4 1,533.7 1,623.6 1,700.2 1,763.8 1,820.8 1,884.1 1,962.4 2,051.1
Payroll Taxes ($b) 923.0 956.6 997.6 1,037.6 1,090.5 1,136.0 1,178.4 1,221.2 1,268.1 1,318.1
Combined Liability ($b) 2,176.9 2,397.0 2,531.3 2,661.3 2,790.6 2,899.8 2,999.2 3,105.3 3,230.5 3,369.2
With Income Tax <= 0 (#m) 70.6 70.1 70.1 70.4 70.8 71.8 72.7 73.5 74.2 74.7
With Combined Tax <= 0 (#m) 40.3 40.5 40.8 41.2 41.7 42.5 43.2 44.0 44.5 45.0
Ind Income Tax ($b) 1,254.2 1,440.7 1,533.8 1,623.5 1,700.0 1,763.5 1,820.5 1,883.8 1,962.0 2,050.7
Payroll Taxes ($b) 924.4 957.8 999.1 1,039.6 1,092.6 1,138.4 1,180.8 1,223.7 1,270.7 1,320.7
Combined Liability ($b) 2,178.6 2,398.4 2,532.9 2,663.2 2,792.6 2,901.9 3,001.3 3,107.5 3,232.7 3,371.4
With Income Tax <= 0 (#m) 70.6 70.1 70.1 70.4 70.8 71.7 72.7 73.4 74.1 74.7
With Combined Tax <= 0 (#m) 40.5 40.7 41.1 41.5 41.9 42.7 43.5 43.7 44.3 44.8
42 changes: 21 additions & 21 deletions taxcalc/tests/pufcsv_mtr_expect.txt
Original file line number Diff line number Diff line change
Expand Up @@ -5,56 +5,56 @@ PTAX mtr histogram bin edges:
ITAX mtr histogram bin edges:
[-1.0, -0.3, -0.2, -0.1, 0.0, 0.1, 0.2, 0.3, 0.4, 0.5, 1.0]
PTAX and ITAX mtr histogram bin counts for e00200p:
215525 : 0 30186 0 0 0 0 0 179507 5832 0
215525 : 4555 101 1849 11493 34791 66944 45063 27990 22094 645
215525 : 0 30324 0 0 0 0 0 180117 5084 0
215525 : 5003 105 1747 11294 34520 66930 45037 28123 22114 652
PTAX and ITAX mtr histogram bin counts for e00200s:
108115 : 0 16590 0 0 0 0 0 80472 11053 0
108115 : 952 34 659 3233 12143 28369 23930 20195 18149 451
108115 : 0 14748 0 0 0 0 0 83207 10160 0
108115 : 979 33 651 3161 12126 28352 23899 20478 17988 448
PTAX and ITAX mtr histogram bin counts for e00900p:
215525 : 13253 27641 0 0 0 0 0 174631 0 0
215525 : 4555 101 1847 11389 47933 56400 51464 26405 15138 293
215525 : 20799 25348 0 0 0 0 0 169378 0 0
215525 : 5003 105 1746 11158 47533 56438 51408 24431 17388 315
PTAX and ITAX mtr histogram bin counts for e00300:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51913 67965 41567 27828 25595 657
215525 : 0 0 0 0 51813 67962 41599 27856 25633 662
PTAX and ITAX mtr histogram bin counts for e00400:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 201573 7671 6145 103 27 6
215525 : 0 0 0 0 201493 7700 6194 104 28 6
PTAX and ITAX mtr histogram bin counts for e00600:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51913 67965 41567 27828 25595 657
215525 : 0 0 0 0 51813 67962 41599 27856 25633 662
PTAX and ITAX mtr histogram bin counts for e00650:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 10 68 120824 42213 51424 579 384 23
215525 : 0 0 11 66 120743 42219 51499 579 386 22
PTAX and ITAX mtr histogram bin counts for e01400:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51914 67998 44907 28313 21750 643
215525 : 0 0 0 0 51814 67996 44935 28360 21771 649
PTAX and ITAX mtr histogram bin counts for e01700:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51924 67988 44907 28313 21750 643
215525 : 0 0 0 0 51824 67986 44935 28360 21771 649
PTAX and ITAX mtr histogram bin counts for e02000:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51913 67965 41567 27828 25595 657
215525 : 0 0 0 0 51813 67962 41599 27856 25633 662
PTAX and ITAX mtr histogram bin counts for e02400:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 93416 40347 51388 29506 754 114
215525 : 0 0 0 0 93391 40345 51388 29529 756 116
PTAX and ITAX mtr histogram bin counts for p22250:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 1 0 74041 65761 40051 20620 14678 373
215525 : 0 0 1 0 73942 65768 40090 20639 14709 376
PTAX and ITAX mtr histogram bin counts for p23250:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 5 39 138509 36986 34687 2230 3026 43
215525 : 0 0 5 38 138426 37020 34726 2236 3031 43
PTAX and ITAX mtr histogram bin counts for e18500:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 22475 22967 17786 6741 145556 0 0 0 0 0
215525 : 22517 22925 17762 6762 145559 0 0 0 0 0
PTAX and ITAX mtr histogram bin counts for e19200:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 33432 28971 18001 4950 130171 0 0 0 0 0
215525 : 33478 28942 17979 4968 130158 0 0 0 0 0
PTAX and ITAX mtr histogram bin counts for e26270:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 0 0 0 0 51914 67998 44907 28313 21750 643
215525 : 0 0 0 0 51814 67996 44935 28360 21771 649
PTAX and ITAX mtr histogram bin counts for e19800:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 33291 28636 17923 4925 130750 0 0 0 0 0
215525 : 33336 28604 17903 4942 130740 0 0 0 0 0
PTAX and ITAX mtr histogram bin counts for e20100:
215525 : 215525 0 0 0 0 0 0 0 0 0
215525 : 33232 28594 17871 4915 130913 0 0 0 0 0
215525 : 33277 28562 17851 4932 130903 0 0 0 0 0
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