diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/rate.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/rate.yaml index db68e69ef06..4b18478b128 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/rate.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/rate.yaml @@ -10,3 +10,5 @@ metadata: href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html?v=C59-10-S1047_2023050320240101 - title: Utah Code §59-10-1047 (4) # Law effective 2025 href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html?v=C59-10-S1047_2025010120240501 + - title: Utah Code §59-10-1047 (4) # Current version; last viewed on 2025-02-03 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/start.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/start.yaml index 1123cc870e3..64f7e92fd0b 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/start.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ctc/reduction/start.yaml @@ -11,6 +11,8 @@ metadata: href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html?v=C59-10-S1047_2023050320240101 - title: Utah Code §59-10-1047 (4) # Law effective 2025 href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html?v=C59-10-S1047_2025010120240501 + - title: Utah Code §59-10-1047 (4) # Current version; last viewed on 2025-02-03 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1047.html SINGLE: 2024-01-01: 43_000 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/earned_income/rate.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/earned_income/rate.yaml index 70f1fd7e77f..58e3bb91f13 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/earned_income/rate.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/earned_income/rate.yaml @@ -7,7 +7,7 @@ metadata: period: year label: Utah EITC match reference: - - title: Utah legal code| UC §59-10-1044 (2) (a) #The percentage increased in 2023 to 20% + - title: Utah legal code| UC §59-10-1044 (2) (a) #The percentage increased in 2023 to 20%; still 20% as of 2025 href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1044.html - title: Utah TC-40 Utah Individual Income Tax Form #The credit was introduced in 2022 href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/rate.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/rate.yaml index cff069d9cf3..d0b3c639e69 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/rate.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/rate.yaml @@ -4,7 +4,7 @@ values: metadata: unit: /1 reference: - - title: Utah Code §59-10-1044 (4) + - title: Utah Code §59-10-1042 (4) href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1042.html - title: 2021 Utah Individual Income Tax Form href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf#page=20 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/threshold.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/threshold.yaml index dc5f2921c61..a8d8b905734 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/threshold.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/ss_benefits/phase_out/threshold.yaml @@ -3,22 +3,27 @@ SINGLE: 2021-01-01: 30_000 2022-01-01: 37_000 2023-01-01: 45_000 + 2024-01-01: 45_000 JOINT: 2021-01-01: 50_000 2022-01-01: 62_000 2023-01-01: 75_000 + 2024-01-01: 75_000 SEPARATE: 2021-01-01: 25_000 2022-01-01: 31_000 2023-01-01: 37_500 + 2024-01-01: 37_500 SURVIVING_SPOUSE: 2021-01-01: 50_000 2022-01-01: 62_000 2023-01-01: 75_000 + 2024-01-01: 75_000 HEAD_OF_HOUSEHOLD: 2021-01-01: 50_000 2022-01-01: 62_000 2023-01-01: 75_000 + 2024-01-01: 75_000 metadata: unit: currency-USD period: year @@ -27,5 +32,5 @@ metadata: href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1042.html - title: 2021 Utah Individual Income Tax Form href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf#page=20 - - title: 2023 TC-40 Utah Individual Income Tax Form + - title: TC-40 Utah Individual Income Tax Form # Current version; last viewed on 2025-02-03 href: https://tax.utah.gov/forms/current/tc-40inst.pdf#page=23 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/personal_exemption.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/personal_exemption.yaml index b4ba9255f7f..9b914b8ddeb 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/personal_exemption.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/personal_exemption.yaml @@ -3,6 +3,7 @@ values: 2021-01-01: 1_750 2022-01-01: 1_802 2023-01-01: 1_941 + 2024-01-01: 2_046 metadata: unit: currency-USD uprating: gov.irs.uprating @@ -11,7 +12,9 @@ metadata: reference: - title: Utah Code §59-10-1018 (6) href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1018.html?v=C59-10-S1018_2021050520210505#59-10-1018(6) + - title: Utah Code §59-10-1018 (6) # Current version; last viewed on 2025-02-03 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1018.html - title: Utah Form TC-40 (2021) line 11 href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf#page=9 - - title: 2023 TC-40 Utah Individual Income Tax Form (Line 11) + - title: 2024 TC-40 Utah Individual Income Tax Form (Line 11) href: https://tax.utah.gov/forms/current/tc-40inst.pdf#page=10 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/phase_out/threshold.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/phase_out/threshold.yaml index 65dcd65ebac..67bee084e94 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/phase_out/threshold.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/phase_out/threshold.yaml @@ -3,22 +3,27 @@ SINGLE: 2021-01-01: 15_095 2022-01-01: 15_548 2023-01-01: 16_742 + 2024-01-01: 17_652 JOINT: 2021-01-01: 30_190 2022-01-01: 31_096 2023-01-01: 33_484 + 2024-01-01: 35_304 HEAD_OF_HOUSEHOLD: 2021-01-01: 22_643 2022-01-01: 23_322 2023-01-01: 25_114 + 2024-01-01: 26_478 SEPARATE: 2021-01-01: 15_095 2022-01-01: 15_548 2023-01-01: 16_742 + 2024-01-01: 17_652 SURVIVING_SPOUSE: 2021-01-01: 30_190 2022-01-01: 31_096 2023-01-01: 33_484 + 2024-01-01: 35_304 metadata: unit: currency-USD uprating: gov.irs.uprating @@ -27,9 +32,11 @@ metadata: reference: - title: Utah Code §59-10-1018 (4) href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1018.html?v=C59-10-S1018_2021050520210505#59-10-1018(6) + - title: Utah Code §59-10-1018 (4) # Current version; last viewed on 2025-02-03 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1018.html - title: Utah Form TC-40 (2022) line 17 href: https://tax.utah.gov/forms/current/tc-40.pdf#page=1 - title: Utah Form TC-40 (2021) line 17 href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf#page=10 - - title: 2023 TC-40 Utah Individual Income Tax Form (Line 17) + - title: TC-40 Utah Individual Income Tax Form (Line 17) # Current version; last viewed on 2025-02-03 href: https://tax.utah.gov/forms/current/tc-40inst.pdf#page=10 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/rate.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/rate.yaml index 26b73030fdd..9970a9ec4c6 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/rate.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/credits/taxpayer/rate.yaml @@ -11,3 +11,5 @@ metadata: href: https://www.taxformfinder.org/forms/2021/2021-utah-tc-40-full-packet.pdf#page=10 - title: 2023 TC-40 Utah Individual Income Tax Form (Line 16) href: https://tax.utah.gov/forms/current/tc-40inst.pdf#page=10 + - title: Utah Code §59-10-1018 (2) # as of 2025-02-03 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1018.html?v=C59-10-S1018_2023050320230503 diff --git a/policyengine_us/parameters/gov/states/ut/tax/income/rate.yaml b/policyengine_us/parameters/gov/states/ut/tax/income/rate.yaml index 80ca5f33c75..144279f3c46 100644 --- a/policyengine_us/parameters/gov/states/ut/tax/income/rate.yaml +++ b/policyengine_us/parameters/gov/states/ut/tax/income/rate.yaml @@ -18,5 +18,5 @@ metadata: href: https://le.utah.gov/xcode/historical.html?date=8/17/2022&oc=/xcode/Title59/Chapter10/C59-10-S104_2022050420220504.html - title: 2023 Utah Code 59-10-104 (2) (b) # The rate was changed to 0.0465 in May 2023 href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S104.html?v=C59-10-S104_2022050420220504 - - title: Utah Code 59-10-104 (2) (b) # Current tax code - href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S104.html?v=C59-10-S104_2022050420220504 + - title: Utah Code 59-10-104 (2) (b) # Current tax code; last viewed on 2025-02-03; the rate was changed to 0.0455 on Jan 1 2024 + href: https://le.utah.gov/xcode/Title59/Chapter10/59-10-S104.html?v=C59-10-S104_2024010120240501