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25 changes: 13 additions & 12 deletions taxcalc/calcfunctions.py
Original file line number Diff line number Diff line change
Expand Up @@ -2380,7 +2380,7 @@ def AGIsurtax(c00100, MARS, AGI_surtax_trt, AGI_surtax_thd, taxbc, surtax):

@iterate_jit(nopython=True)
def AMT(e07300, dwks13, standard, f6251, c00100, c18300, taxbc,
c04470, c17000, c20800, c21040, e24515, MARS, dwks18,
c04470, c20800, c21040, e24515, MARS, dwks18,
dwks14, c05700, e62900, e00700, dwks10, age_head, age_spouse,
earned, cmbtp, qbided,
AMT_child_em_c_age, AMT_brk1,
Expand All @@ -2400,11 +2400,12 @@ def AMT(e07300, dwks13, standard, f6251, c00100, c18300, taxbc,
before credits c05800 = taxbc + c09600.

Form 6251 structure:
- Part I (lines 1a-4): AMTI = taxable income before exemption
plus AMT-disallowed deductions (SALT line 2a, Sch A misc,
medical-floor add-back) and the unmodeled prefs/adjustments
(lines 2c-2t + 3) captured in cmbtp; line 2b refunds (e00700)
are subtracted.
- Part I (lines 1a-4): AMTI = taxable income (Form 1040 line 15)
plus AMT-disallowed deductions (SALT line 2a, Sch A misc) and
the unmodeled prefs/adjustments (lines 2c-2t + 3) captured in
cmbtp; line 2b refunds (e00700) are subtracted. Note: 2025
Form 6251 has no medical add-back (TCJA/OBBBA harmonized
regular and AMT Sch A medical floors at 7.5% of AGI).
- Part II top (lines 5-6): exemption schedule with phaseout
(line 5 = AMT_em - AMT_prt * max(0, AMTI - AMT_em_ps));
line 6 = AMTI - exemption.
Expand Down Expand Up @@ -2445,9 +2446,6 @@ def AMT(e07300, dwks13, standard, f6251, c00100, c18300, taxbc,
c04470: float
Itemized deductions after Pease phase-out (zero for non-
itemizers); Form 1040 line 12 itemized portion
c17000: float
Schedule A medical expenses deducted (post-floor); used for
the medical add-back capped at 2.5% of AGI
c18300: float
Schedule A SALT post-cap deduction (Form 6251 line 2a
add-back for itemizers)
Expand Down Expand Up @@ -2554,14 +2552,14 @@ def AMT(e07300, dwks13, standard, f6251, c00100, c18300, taxbc,
# ----------------------------------------------------------------
# Form 6251 Part I (lines 1a-4): Alternative Minimum Taxable Income
# ----------------------------------------------------------------
# Form 6251 line 1 = Form 1040 line 15 = AGI - (STD or itemized) - QBID.
if standard == 0.0:
c62100 = (c00100 - e00700 - qbided - c04470 +
max(0., min(c17000, 0.025 * c00100)) + # medical add-back
c18300 + # SALT add-back (Form 6251 line 2a)
c20800 - # Sch A misc add-back (TCJA-suspended 2018-2025)
c21040) # Pease undone for AMT
if standard > 0.0:
c62100 = c00100 - e00700 - qbided
c62100 = c00100 - e00700 - qbided - standard
c62100 += cmbtp # Form 6251 lines 2c-2t + 3: AMT prefs/adjustments
# c62100 is AMT taxable income = Form 6251 line 4
# ----------------------------------------------------------------
Expand Down Expand Up @@ -2617,7 +2615,10 @@ def AMT(e07300, dwks13, standard, f6251, c00100, c18300, taxbc,
line30 = min(line24, line29) # amount taxed at AMT_CG_rt2:15%
cgtax2 = line30 * AMT_CG_rt2 # line 31 = 15% * line 30
line32 = line23 + line30 # sum of 0% + 15% amounts
if line17 == line32:
# Form 6251 line 33 = line 22 - line 32 (residual cap-gains for
# 20% bracket / reform-only 4th bracket). Skip when line 22 ==
# line 32 (no residual).
if line22 == line32:
line33 = 0. # amount taxed at AMT_CG_rt3:20%
linex2 = 0. # amount taxed at AMT_CG_rt4:ref
else:
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/cps-25.tables
Original file line number Diff line number Diff line change
Expand Up @@ -8,10 +8,10 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2025
4 21.75 1247.4 19.3 82.3 0.0 101.7
5 21.75 1572.5 36.6 110.1 0.0 146.6
6 21.75 2003.5 64.8 144.9 0.0 209.7
7 21.75 2609.2 119.6 202.8 0.0 322.4
7 21.75 2609.2 119.6 202.8 0.0 322.3
8 21.75 3589.7 255.2 309.7 0.0 564.9
9 21.75 8581.1 1514.9 584.1 0.0 2099.0
A 217.51 21779.4 2002.7 1582.4 0.0 3585.1
9 21.75 8581.1 1514.8 584.1 0.0 2098.9
A 217.51 21779.4 2002.5 1582.4 0.0 3585.0

Weighted Tax Differences by Baseline Expanded-Income Decile for 2025
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
8 changes: 4 additions & 4 deletions taxcalc/cli/input_data_tests/cps-26.tables
Original file line number Diff line number Diff line change
Expand Up @@ -3,15 +3,15 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2026
(#m) ($b) ($b) ($b) ($b) ($b)
0 22.01 52.2 -1.1 4.0 0.0 2.9
1 22.01 415.4 -10.3 35.6 0.0 25.2
2 22.01 778.4 -4.1 55.5 0.0 51.4
2 22.01 778.4 -4.2 55.5 0.0 51.4
3 22.01 1043.1 8.8 60.9 0.0 69.8
4 22.01 1310.1 20.7 85.3 0.0 106.0
5 22.02 1649.0 38.5 114.1 0.0 152.5
5 22.02 1649.0 38.4 114.1 0.0 152.5
6 22.01 2100.0 68.9 151.1 0.0 220.0
7 22.01 2735.4 126.9 211.2 0.0 338.2
8 22.01 3761.9 268.3 322.8 0.0 591.1
9 22.02 9000.9 1605.9 612.3 0.0 2218.2
A 220.13 22846.4 2122.5 1652.9 0.0 3775.4
9 22.02 9000.9 1604.8 612.3 0.0 2217.2
A 220.13 22846.4 2121.4 1652.9 0.0 3774.3

Weighted Tax Differences by Baseline Expanded-Income Decile for 2026
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
8 changes: 4 additions & 4 deletions taxcalc/cli/input_data_tests/cps-27.tables
Original file line number Diff line number Diff line change
Expand Up @@ -3,15 +3,15 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2027
(#m) ($b) ($b) ($b) ($b) ($b)
0 22.27 54.1 -1.1 4.1 0.0 3.0
1 22.27 434.1 -10.7 37.0 0.0 26.3
2 22.27 810.3 -4.0 56.7 0.0 52.7
3 22.26 1083.4 9.3 62.5 0.0 71.8
2 22.27 810.3 -4.1 56.7 0.0 52.7
3 22.26 1083.4 9.3 62.5 0.0 71.7
4 22.27 1361.5 21.4 87.8 0.0 109.2
5 22.27 1713.7 40.7 118.8 0.0 159.5
6 22.27 2183.0 71.6 155.9 0.0 227.5
7 22.27 2844.7 134.5 221.6 0.0 356.1
8 22.27 3916.8 281.7 337.9 0.0 619.6
9 22.27 9333.7 1669.3 642.5 0.0 2311.9
A 222.68 23735.3 2212.5 1724.9 0.0 3937.4
9 22.27 9333.7 1668.3 642.5 0.0 2310.8
A 222.68 23735.3 2211.4 1724.9 0.0 3936.3

Weighted Tax Differences by Baseline Expanded-Income Decile for 2027
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
10 changes: 5 additions & 5 deletions taxcalc/cli/input_data_tests/cps-28.tables
Original file line number Diff line number Diff line change
Expand Up @@ -4,14 +4,14 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2028
0 22.52 55.8 -1.2 4.3 0.0 3.1
1 22.52 452.3 -11.1 38.2 0.0 27.2
2 22.53 842.1 -4.0 57.8 0.0 53.8
3 22.52 1124.7 9.9 64.9 0.0 74.7
3 22.52 1124.7 9.8 64.9 0.0 74.7
4 22.52 1413.6 22.4 90.3 0.0 112.7
5 22.52 1779.8 43.0 123.2 0.0 166.2
6 22.52 2267.2 76.1 162.1 0.0 238.2
7 22.52 2956.1 141.4 230.4 0.0 371.8
8 22.52 4074.6 296.8 353.4 0.0 650.2
9 22.53 9634.5 1724.3 673.2 0.0 2397.5
A 225.24 24600.8 2297.5 1797.9 0.0 4095.3
7 22.52 2956.1 141.3 230.4 0.0 371.8
8 22.52 4074.6 296.7 353.4 0.0 650.2
9 22.53 9634.5 1723.3 673.2 0.0 2396.5
A 225.24 24600.8 2296.5 1797.9 0.0 4094.4

Weighted Tax Differences by Baseline Expanded-Income Decile for 2028
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
8 changes: 4 additions & 4 deletions taxcalc/cli/input_data_tests/cps-29.tables
Original file line number Diff line number Diff line change
Expand Up @@ -6,12 +6,12 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2029
2 22.78 874.0 -4.0 58.9 0.0 54.9
3 22.78 1166.3 11.0 66.9 0.0 77.9
4 22.78 1466.2 24.5 93.6 0.0 118.1
5 22.78 1846.9 47.8 127.1 0.0 175.0
6 22.78 2353.2 84.1 168.2 0.0 252.2
5 22.78 1846.9 47.8 127.1 0.0 174.9
6 22.78 2353.2 84.0 168.2 0.0 252.2
7 22.77 3069.5 153.5 240.0 0.0 393.5
8 22.78 4236.9 318.5 368.6 0.0 687.1
9 22.78 9981.2 1793.5 704.4 0.0 2497.9
A 227.77 25522.0 2416.5 1871.7 0.0 4288.2
9 22.78 9981.2 1792.7 704.4 0.0 2497.1
A 227.77 25522.0 2415.6 1871.7 0.0 4287.3

Weighted Tax Differences by Baseline Expanded-Income Decile for 2029
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/cps-30.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2030
6 23.03 2442.2 89.2 174.6 0.0 263.8
7 23.02 3188.4 162.0 248.6 0.0 410.7
8 23.02 4404.9 339.0 385.8 0.0 724.7
9 23.03 10356.8 1895.3 735.4 0.0 2630.7
A 230.25 26491.8 2557.5 1947.6 0.0 4505.1
9 23.03 10356.8 1894.4 735.4 0.0 2629.8
A 230.25 26491.8 2556.5 1947.6 0.0 4504.2

Weighted Tax Differences by Baseline Expanded-Income Decile for 2030
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/cps-31.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2031
6 23.26 2534.5 94.7 181.0 0.0 275.6
7 23.26 3312.3 170.6 258.5 0.0 429.1
8 23.26 4582.0 358.0 402.5 0.0 760.5
9 23.26 10739.6 1969.8 766.8 0.0 2736.6
A 232.64 27489.8 2670.6 2026.0 0.0 4696.6
9 23.26 10739.6 1968.9 766.8 0.0 2735.7
A 232.64 27489.8 2669.7 2026.0 0.0 4695.7

Weighted Tax Differences by Baseline Expanded-Income Decile for 2031
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/cps-32.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2032
6 23.49 2627.9 100.4 188.2 0.0 288.5
7 23.50 3438.8 179.7 268.2 0.0 447.9
8 23.50 4763.5 377.2 419.8 0.0 797.0
9 23.50 11135.7 2047.6 798.9 0.0 2846.5
A 234.97 28511.7 2788.1 2105.7 0.0 4893.8
9 23.50 11135.7 2046.7 798.9 0.0 2845.6
A 234.97 28511.7 2787.2 2105.7 0.0 4892.9

Weighted Tax Differences by Baseline Expanded-Income Decile for 2032
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/cps-33.tables
Original file line number Diff line number Diff line change
Expand Up @@ -4,14 +4,14 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2033
0 23.73 63.0 -1.3 4.8 0.0 3.5
1 23.73 543.6 -12.2 44.7 0.0 32.5
2 23.73 1004.2 -3.5 65.2 0.0 61.7
3 23.73 1341.2 13.7 74.4 0.0 88.2
3 23.73 1341.2 13.7 74.4 0.0 88.1
4 23.73 1690.1 31.9 106.7 0.0 138.5
5 23.73 2134.0 60.1 147.8 0.0 207.9
6 23.73 2725.9 106.8 196.5 0.0 303.3
7 23.73 3570.8 189.8 279.1 0.0 468.9
8 23.73 4955.2 397.8 438.8 0.0 836.6
9 23.73 11536.2 2123.2 831.5 0.0 2954.7
A 237.32 29564.4 2906.3 2189.4 0.0 5095.7
9 23.73 11536.2 2122.4 831.5 0.0 2953.9
A 237.32 29564.4 2905.4 2189.4 0.0 5094.8

Weighted Tax Differences by Baseline Expanded-Income Decile for 2033
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/cps-34.tables
Original file line number Diff line number Diff line change
Expand Up @@ -2,16 +2,16 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2034
Returns ExpInc IncTax PayTax LSTax AllTax
(#m) ($b) ($b) ($b) ($b) ($b)
0 23.97 64.0 -1.4 4.9 0.0 3.5
1 23.97 562.0 -12.3 45.6 0.0 33.3
1 23.97 562.0 -12.4 45.6 0.0 33.3
2 23.97 1038.0 -3.2 67.1 0.0 63.9
3 23.97 1386.9 14.3 76.7 0.0 91.0
4 23.97 1749.4 34.1 110.2 0.0 144.3
5 23.97 2210.6 62.9 152.8 0.0 215.7
6 23.97 2826.4 113.2 203.9 0.0 317.1
7 23.97 3706.4 199.3 290.6 0.0 489.9
8 23.97 5151.6 419.4 458.1 0.0 877.5
9 23.97 11956.9 2204.6 865.1 0.0 3069.8
A 239.67 30652.2 3031.0 2275.0 0.0 5305.9
9 23.97 11956.9 2203.7 865.1 0.0 3068.9
A 239.67 30652.2 3030.0 2275.0 0.0 5305.0

Weighted Tax Differences by Baseline Expanded-Income Decile for 2034
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
8 changes: 4 additions & 4 deletions taxcalc/cli/input_data_tests/cps-35.tables
Original file line number Diff line number Diff line change
Expand Up @@ -2,16 +2,16 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2035
Returns ExpInc IncTax PayTax LSTax AllTax
(#m) ($b) ($b) ($b) ($b) ($b)
0 24.21 64.9 -1.4 5.0 0.0 3.6
1 24.21 581.7 -12.5 46.9 0.0 34.3
1 24.21 581.7 -12.6 46.9 0.0 34.3
2 24.21 1073.1 -3.1 68.3 0.0 65.2
3 24.21 1434.8 14.9 79.1 0.0 94.0
4 24.21 1811.4 36.4 114.6 0.0 151.0
5 24.21 2290.5 67.2 158.2 0.0 225.4
6 24.21 2931.2 119.5 211.2 0.0 330.6
7 24.21 3848.0 209.6 302.0 0.0 511.6
7 24.21 3848.0 209.6 302.0 0.0 511.5
8 24.21 5356.4 441.6 477.9 0.0 919.5
9 24.21 12395.0 2288.5 900.7 0.0 3189.2
A 242.13 31787.0 3160.7 2363.9 0.0 5524.5
9 24.21 12395.0 2287.5 900.7 0.0 3188.3
A 242.13 31787.0 3159.6 2363.9 0.0 5523.5

Weighted Tax Differences by Baseline Expanded-Income Decile for 2035
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/tmd-25.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2025
6 19.54 1566.3 83.6 157.9 0.0 241.5
7 19.54 2165.2 154.3 218.9 0.0 373.3
8 19.54 3224.9 290.0 331.1 0.0 621.1
9 19.54 10590.7 1973.6 565.8 0.0 2539.4
A 195.42 20194.7 2499.6 1592.7 0.0 4092.3
9 19.54 10590.7 1973.2 565.8 0.0 2539.0
A 195.42 20194.7 2499.2 1592.7 0.0 4091.9

Weighted Tax Differences by Baseline Expanded-Income Decile for 2025
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/tmd-26.tables
Original file line number Diff line number Diff line change
@@ -1,7 +1,7 @@
Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2026
Returns ExpInc IncTax PayTax LSTax AllTax
(#m) ($b) ($b) ($b) ($b) ($b)
0 19.59 -321.0 7.7 6.1 0.0 13.7
0 19.59 -321.0 7.6 6.1 0.0 13.7
1 19.59 76.1 -0.5 8.5 0.0 8.0
2 19.59 307.6 -19.4 32.1 0.0 12.7
3 19.59 595.3 -29.4 64.3 0.0 34.9
Expand All @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2026
6 19.58 1626.8 88.1 163.9 0.0 252.0
7 19.59 2250.2 161.7 227.4 0.0 389.2
8 19.59 3351.2 303.4 343.4 0.0 646.7
9 19.59 11020.1 2089.0 588.9 0.0 2677.9
A 195.87 20999.6 2645.3 1655.1 0.0 4300.4
9 19.59 11020.1 2087.7 588.9 0.0 2676.6
A 195.87 20999.6 2644.0 1655.1 0.0 4299.1

Weighted Tax Differences by Baseline Expanded-Income Decile for 2026
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/tmd-27.tables
Original file line number Diff line number Diff line change
@@ -1,7 +1,7 @@
Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2027
Returns ExpInc IncTax PayTax LSTax AllTax
(#m) ($b) ($b) ($b) ($b) ($b)
0 19.64 -312.3 7.5 6.1 0.0 13.6
0 19.64 -312.3 7.5 6.1 0.0 13.5
1 19.64 79.6 -0.5 8.4 0.0 7.9
2 19.64 320.0 -20.0 33.8 0.0 13.7
3 19.64 618.5 -30.1 66.7 0.0 36.7
Expand All @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2027
6 19.64 1688.3 92.6 169.8 0.0 262.4
7 19.64 2333.6 168.5 235.5 0.0 404.0
8 19.64 3473.4 317.7 356.5 0.0 674.2
9 19.64 11254.6 2121.7 613.0 0.0 2734.7
A 196.37 21628.7 2705.8 1718.5 0.0 4424.2
9 19.64 11254.6 2120.4 613.0 0.0 2733.4
A 196.37 21628.7 2704.5 1718.5 0.0 4423.0

Weighted Tax Differences by Baseline Expanded-Income Decile for 2027
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
6 changes: 3 additions & 3 deletions taxcalc/cli/input_data_tests/tmd-28.tables
Original file line number Diff line number Diff line change
Expand Up @@ -8,10 +8,10 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2028
4 19.69 954.9 4.5 102.1 0.0 106.6
5 19.69 1299.0 47.6 134.0 0.0 181.5
6 19.69 1750.1 97.8 176.5 0.0 274.2
7 19.69 2418.6 176.5 244.1 0.0 420.6
7 19.69 2418.6 176.5 244.1 0.0 420.5
8 19.69 3596.4 331.7 369.6 0.0 701.3
9 19.69 11472.4 2153.8 637.2 0.0 2790.9
A 196.87 22247.4 2765.9 1782.3 0.0 4548.3
9 19.69 11472.4 2152.6 637.2 0.0 2789.8
A 196.87 22247.4 2764.8 1782.3 0.0 4547.1

Weighted Tax Differences by Baseline Expanded-Income Decile for 2028
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/tmd-29.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2029
6 19.74 1812.6 113.5 183.0 0.0 296.5
7 19.74 2504.1 197.8 252.5 0.0 450.2
8 19.74 3720.5 363.2 382.4 0.0 745.6
9 19.74 11754.6 2211.4 661.4 0.0 2872.9
A 197.41 22925.3 2906.0 1846.6 0.0 4752.6
9 19.74 11754.6 2210.4 661.4 0.0 2871.8
A 197.41 22925.3 2904.9 1846.6 0.0 4751.5

Weighted Tax Differences by Baseline Expanded-Income Decile for 2029
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
4 changes: 2 additions & 2 deletions taxcalc/cli/input_data_tests/tmd-30.tables
Original file line number Diff line number Diff line change
Expand Up @@ -10,8 +10,8 @@ Weighted Tax Reform Totals by Baseline Expanded-Income Decile for 2030
6 19.80 1877.5 119.7 189.4 0.0 309.0
7 19.80 2593.7 209.2 261.4 0.0 470.6
8 19.80 3852.6 387.2 395.9 0.0 783.1
9 19.80 12107.8 2316.1 685.4 0.0 3001.6
A 197.99 23685.8 3057.0 1912.6 0.0 4969.6
9 19.80 12107.8 2315.1 685.4 0.0 3000.5
A 197.99 23685.8 3056.0 1912.6 0.0 4968.5

Weighted Tax Differences by Baseline Expanded-Income Decile for 2030
Returns ExpInc IncTax PayTax LSTax AllTax
Expand Down
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