Puerto Rico Earned Income Credit

Fixes PolicyEngine#5467
llennemann · Jan 23, 2025 · d2a9a8b · d2a9a8b
1 parent 4a36ffc
commit d2a9a8b
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Showing 5 changed files with 13 additions and 8 deletions.
diff --git a/changelog_entry.yaml b/changelog_entry.yaml
@@ -0,0 +1,4 @@
+- bump: minor
+  changes:
+    added:
+    - Puerto Rico earned income credit.
diff --git a/policyengine_us/parameters/gov/territories/pr/tax/income/credits/refundable.yaml b/policyengine_us/parameters/gov/territories/pr/tax/income/credits/refundable.yaml
@@ -12,3 +12,4 @@ values:
   2021-01-01:
     - pr_low_income_credit
     - pr_compensatory_low_income_credit
+    - pr_earned_income_credit
diff --git a/...ncome/pr_earned_income_credit_amount.yaml → ...arned_income/pr_earned_income_credit.yaml b/...ncome/pr_earned_income_credit_amount.yaml → ...arned_income/pr_earned_income_credit.yaml
@@ -4,44 +4,44 @@
     pr_gross_income_person: 10_000
     pr_earned_income_credit_eligible: false
   output:
-    pr_earned_income_credit_amount: 0
+    pr_earned_income_credit: 0
 
 - name: Eligible person in the highest bracket, 2024
   period: 2024
   input:
     pr_gross_income_person: 35_000
     pr_earned_income_credit_eligible: true
   output:
-    pr_earned_income_credit_amount: 100
+    pr_earned_income_credit: 100
 
 - name: Eligible person in the middle bracket, 2024
   period: 2024
   input:
     pr_gross_income_person: 34_000
     pr_earned_income_credit_eligible: true
   output:
-    pr_earned_income_credit_amount: 120
+    pr_earned_income_credit: 120
 
 - name: Eligible person with max credit, 2024
   period: 2024
   input:
     pr_gross_income_person: 10_000
     pr_earned_income_credit_eligible: true
   output:
-    pr_earned_income_credit_amount: 600
+    pr_earned_income_credit: 600
 
 - name: Eligible person in the lower bracket, 2024
   period: 2024
   input:
     pr_gross_income_person: 8_000
     pr_earned_income_credit_eligible: true
   output:
-    pr_earned_income_credit_amount: 480
+    pr_earned_income_credit: 480
 
 - name: Eligible person in the lower bracket, 2011
   period: 2011
   input:
     pr_gross_income_person: 8_000
     pr_earned_income_credit_eligible: true
   output:
-    pr_earned_income_credit_amount: 280
+    pr_earned_income_credit: 280
diff --git a/..._income/pr_earned_income_credit_amount.py → .../earned_income/pr_earned_income_credit.py b/..._income/pr_earned_income_credit_amount.py → .../earned_income/pr_earned_income_credit.py
@@ -1,7 +1,7 @@
 from policyengine_us.model_api import *
 
 
-class pr_earned_income_credit_amount(Variable):
+class pr_earned_income_credit(Variable):
     value_type = float
     entity = Person
     label = "Puerto Rico earned income credit amount"

diff --git a/...ritories/pr/tax/income/credits/earned_income/pr_earned_income_credit_investment_income.py b/...ritories/pr/tax/income/credits/earned_income/pr_earned_income_credit_investment_income.py
@@ -9,4 +9,4 @@ class pr_earned_income_credit_investment_income(Variable):
     unit = USD
     reference = "https://casetext.com/statute/laws-of-puerto-rico/title-thirteen-taxation-and-finance/subtitle-17-internal-revenue-code-of-2011/part-ii-income-taxes/chapter-1007-credits-against-tax/subchapter-b-refundable-credits/30211-earned-income-credit"
 
-    adds = "gov.territories.pr.tax.income.credits.earned_income.ineligible_income_categories"
+    adds = "gov.territories.pr.tax.income.credits.earned_income.investment_income.sources"