Merge pull request #33 from austinperryfrancis/va

Merging

fiscalsim_us/parameters/gov/states/va/tax/income/exemptions/indiv_exemption_multiplier.yaml

@@ -0,0 +1,12 @@
+description: Virginia Individual Exemption Multiplier
+values:
+  2021-01-01:
+    value: 930 
+metadata:
+  unit: Currency-USD
+  period: year
+  name: Virginia Individual Exemption Multiplier
+  label: Virginia Individual Exemption Multiplier
+  reference:
+    - title: 2021 Virginia Form 760, Resident Income Tax Return
+      href: https://www.tax.virginia.gov/forms/search?category=1&year=611

fiscalsim_us/parameters/gov/states/va/tax/income/exemptions/indiv_exemption_over_65_multiplier.yaml

@@ -0,0 +1,12 @@
+description: Virginia Individual over 65 and blind exemption multiplier
+values:
+  2021-01-01:
+    value: 800
+metadata:
+  unit: Currency-USD
+  period: year
+  name: va_indiv_p65_exemption_multiplier
+  label: Virginia Individual Exemption Multiplier
+  reference:
+    - title: 2021 Virginia Form 760, Resident Income Tax Return
+      href: https://www.tax.virginia.gov/forms/search?category=1&year=611

fiscalsim_us/parameters/gov/states/va/tax/income/va_adjusted_gross_income.yaml

@@ -0,0 +1,20 @@
+description: virginia adjusted gross income thresholds
+SINGLE:
+  2021-01-01:
+    value: 11_950
+JOINT:
+  2021-01-01: 
+    value: 23_900
+SEPARATE:
+  2021-01-01:
+    value: 11_950
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  name: va_agi_income_thresholds
+  label: virginia adjusted gross income thresholds
+  reference:
+    - title: VA Form 760 line 9 
+      href: https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/760-2021.pdf

fiscalsim_us/parameters/gov/states/va/tax/income/va_age_deduction.yaml

@@ -0,0 +1,17 @@
+description: Age deduction for va State tax.
+SINGLE:
+  2021-01-01: 50_000
+JOINT:
+  2021-01-01: 75_000
+SEPARATE:
+  2021-01-01: 75_000
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  name: va_age_deduction_amount
+  label: VA age deduction
+  reference:
+    - title:  va tax age deduction worksheet page 10
+      href: "https://www.tax.virginia.gov/sites/default/files/vatax-pdf/2021-760-instructions.pdf"

fiscalsim_us/parameters/gov/states/va/tax/income/va_age_deduction_threshold.yaml

@@ -0,0 +1,17 @@
+description: Age deduction for va State tax.
+SINGLE:
+  2021-01-01: 50_000
+JOINT:
+  2021-01-01: 75_000
+SEPARATE:
+  2021-01-01: 75_000
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  name: va_age_deduction_amount
+  label: VA age deduction
+  reference:
+    - title:  va tax age deduction worksheet page 9
+      href: "https://www.tax.virginia.gov/sites/default/files/vatax-pdf/2021-760-instructions.pdf"

fiscalsim_us/parameters/gov/states/va/tax/income/va_eitc_rate.yaml

@@ -0,0 +1,10 @@
+description: Virginia matches this percent of the federal Earned Income Tax Credit as a non-refundable credit for filers who are not single and childless.
+values:
+  2022-01-01: 0.2
+metadata:
+  unit: /1
+  name: va_non_refundable_eitc_match
+  label: VA non-refundable EITC match
+  reference:
+    - title: VA Form 760 instructions page 26
+      href: https://www.tax.virginia.gov/sites/default/files/vatax-pdf/2022-760-instructions.pdf

fiscalsim_us/parameters/gov/states/va/tax/income/va_eitc_threshold.yaml

@@ -0,0 +1,46 @@
+description: VA poverty threshold used to calculate EITC. 
+metadata:
+  label: poverty threshold used to calculate EITC
+  name: va_poverty_threshold
+  type: single_amount
+  threshold_unit: Eligible Exemptions (Dependents in family)
+  amount_unit: currency-USD
+  period: year
+  reference:
+    - title: Poverty Guideline Table page 26
+      href: https://www.tax.virginia.gov/sites/default/files/vatax-pdf/2022-760-instructions.pdf
+brackets:
+  - threshold:
+      2022-01-01: 1
+    amount:
+      2022-01-01: 13_590
+  - threshold:
+      2022-01-01: 2
+    amount:
+      2022-01-01: 18_310
+  - threshold:
+      2022-01-01: 3
+    amount:
+      2022-01-01: 23_030
+  - threshold:
+      2022-01-01: 4
+    amount:
+      2022-01-01: 27_750
+  - threshold:
+      2022-01-01: 5
+    amount:
+      2022-01-01: 32_470
+  - threshold:
+      2022-01-01: 6
+    amount:
+      2022-01-01: 37_190
+  - threshold:
+      2022-01-01: 7
+    amount:
+      2022-01-01: 41_910
+  - threshold:
+      2022-01-01: 8
+    amount:
+      2022-01-01: 46_630
+
+

fiscalsim_us/parameters/gov/states/va/tax/income/va_standard_deduction.yaml

@@ -0,0 +1,17 @@
+description: Standard deduction for va State tax.
+SINGLE:
+  2021-01-01: 4_500
+JOINT:
+  2021-01-01: 9_000
+SEPARATE:
+  2021-01-01: 4_500
+metadata:
+  unit: currency-USD
+  period: year
+  breakdown:
+    - filing_status
+  name: va_standard_deduction_amount
+  label: VA standard deduction
+  reference:
+    - title: NY Form IT-201 Instructions, page 19
+      href: "https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-2021.pdf"

fiscalsim_us/parameters/gov/states/va/tax/income/va_tax_rates.yaml

@@ -0,0 +1,28 @@
+description: Tax rates for all filers in VA. 
+metadata:
+  type: marginal_rate
+  threshold_unit: currency-USD
+  rate_unit: /1
+  name: va_income_tax_rates
+  label: VA State income tax rates 
+  reference:
+    - title: VA Form 760 Instructions page 33
+      href: https://www.tax.virginia.gov/sites/default/files/vatax-pdf/2021-760-instructions.pdf
+brackets:
+  - threshold:
+      2021-01-01: 0
+    rate:
+      2021-01-01: 0.02
+  - threshold:
+      2021-01-01: 3_000
+    rate:
+      2021-01-01: 0.03  
+  - threshold:
+      2021-01-01: 5_000
+    rate:
+      2021-01-01: 0.05
+  - threshold:
+      2021-01-01: 17_000
+    rate:
+      2021-01-01: 0.0575
+

fiscalsim_us/variables/gov/states/tax/income/state_income_tax.py

@@ -28,6 +28,7 @@ class state_income_tax(Variable):
         "ok_income_tax",
         "or_income_tax",
         "pa_income_tax",
+        "va_income_tax",
         "ri_income_tax",
         "ut_income_tax",
         "wa_income_tax",

fiscalsim_us/variables/gov/states/tax/income/state_income_tax_before_refundable_credits.py

@@ -21,5 +21,6 @@ class state_income_tax_before_refundable_credits(Variable):
         "or_income_tax_before_refundable_credits",
         "pa_income_tax",  # PA has no refundable credits.
         "ut_income_tax_before_refundable_credits",
+        "va_income_tax_before_refundable_credits",
         "wa_income_tax_before_refundable_credits",
     ]

fiscalsim_us/variables/gov/states/va/tax/income/calc_line_14.py

@@ -0,0 +1,40 @@
+from fiscalsim_us.model_api import *
+
+
+class calc_line_14(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "VA interim step to get to total virginia taxable income, line 14 on form 760 https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/760-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA
+
+    def formula(tax_unit, period, parameters):
+
+        # line_11  = tax_unit("va_standard_deduction",period)
+
+        filing_status = tax_unit("filing_status", period)
+
+        if filing_status == 1:
+
+            va_standard_deduction = parameters(
+                period
+            ).gov.states.va.tax.income.va_standard_deduction.SINGLE
+
+        if filing_status == 2:
+
+            va_standard_deduction = parameters(
+                period
+            ).gov.states.va.tax.income.va_standard_deduction.JOINT
+
+        if filing_status == 3:
+
+            va_standard_deduction = parameters(
+                period
+            ).gov.states.va.tax.income.va_standard_deduction.SEPARATE
+
+        line_12 = tax_unit("va_exemptions", period)
+
+        subtotal = va_standard_deduction + line_12
+
+        return subtotal

fiscalsim_us/variables/gov/states/va/tax/income/disability_income_reported_as_wages.py

@@ -0,0 +1,10 @@
+from fiscalsim_us.model_api import *
+
+
+class disability_income_reported_as_wages(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "VA disability income reported as wages - https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/760-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA

fiscalsim_us/variables/gov/states/va/tax/income/fixed_date_conformity_additions .py

@@ -0,0 +1,10 @@
+from fiscalsim_us.model_api import *
+
+
+class fixed_date_conformity_additions(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "Va fixed date conformity additions https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-adj-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA

fiscalsim_us/variables/gov/states/va/tax/income/fixed_date_conformity_subtractions.py

@@ -0,0 +1,10 @@
+from fiscalsim_us.model_api import *
+
+
+class fixed_date_conformity_subtractions(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "Va fixed date conformity subtractions https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-adj-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA

fiscalsim_us/variables/gov/states/va/tax/income/income_from_obligations_fed_exempt.py

@@ -0,0 +1,10 @@
+from fiscalsim_us.model_api import *
+
+
+class income_from_obligations_fed_exempt(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "VA income from obligations that are federally exempt https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-adj-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA

fiscalsim_us/variables/gov/states/va/tax/income/income_from_obligations_state_exempt.py

@@ -0,0 +1,10 @@
+from fiscalsim_us.model_api import *
+
+
+class income_from_obligations_state_exempt(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "VA income from obligations that are state exempt https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-adj-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA

fiscalsim_us/variables/gov/states/va/tax/income/va_additions_to_federal_agi.py

@@ -0,0 +1,27 @@
+from fiscalsim_us.model_api import *
+
+
+class va_additions_to_federal_agi(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "VA additions to federal agi https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/schedule-adj-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA
+
+    def formula(tax_unit, period, parameters):
+
+        income_from_obligations_fed_exempt = tax_unit(
+            "income_from_obligations_fed_exempt", period
+        )
+
+        fixed_date_conformity_additions = tax_unit(
+            "fixed_date_conformity_additions", period
+        )
+
+        additions_to_fed_agi = (
+            income_from_obligations_fed_exempt
+            + fixed_date_conformity_additions
+        )
+
+        return additions_to_fed_agi

fiscalsim_us/variables/gov/states/va/tax/income/va_adj_gross_income.py

@@ -0,0 +1,45 @@
+from fiscalsim_us.model_api import *
+
+
+class va_adj_gross_income(Variable):
+    value_type = float
+    entity = TaxUnit
+    label = "Line 9 on form 760 https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2021/760-2021.pdf"
+    unit = USD
+    definition_period = YEAR
+    defined_for = StateCode.VA
+
+    def formula(tax_unit, period, parameters):
+        line3 = tax_unit("va_calc_line_3", period)
+
+        line8 = tax_unit("va_calc_line_8", period)
+
+        filing_status = tax_unit("filing_status", period)
+
+        threshold = parameters(
+            period
+        ).gov.states.va.tax.income.va_adjusted_gross_income
+        single = threshold.SINGLE
+        joint = threshold.JOINT
+
+        subtotal = line3 - line8
+
+        if filing_status == 1 or filing_status == 3:
+
+            if subtotal < single:
+
+                tax_owed = 0
+
+                return tax_owed
+
+        if filing_status == 2:
+
+            if subtotal < joint:
+
+                tax_owed = 0
+
+                return tax_owed
+
+        va_adj_gross_income = subtotal
+
+        return va_adj_gross_income