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Add Arkansas Tax Logic #76

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merged 201 commits into from
Nov 15, 2024
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09f774d
Updated parameters/.../ar/README.md
brendenbodily Sep 14, 2023
f779fbe
First Parameters
brendenbodily Sep 21, 2023
637ceee
Credits and Additional Tax
brendenbodily Oct 3, 2023
9070058
More Deductions and Credits
brendenbodily Oct 6, 2023
2ee6368
Merge remote-tracking branch 'origin/main' into ar
brendenbodily Oct 9, 2023
3fc78aa
personal credit variable
brendenbodily Oct 17, 2023
57bc230
changed folder names to ar2
brendenbodily Oct 17, 2023
25a2525
Merge remote-tracking branch 'origin/main' into ar
brendenbodily Oct 17, 2023
af13a99
Fixed ar2 folder structure, added new parameters
brendenbodily Oct 24, 2023
5b57822
Added preexisting variable files
brendenbodily Oct 24, 2023
957c832
Combined usable files in ar and ar2, started personal credit variable
brendenbodily Oct 26, 2023
c9a36e0
Merge remote-tracking branch 'origin/main' into ar
brendenbodily Oct 26, 2023
db6db47
Added variables and additional parameters required to calculate AR AGI
brendenbodily Oct 30, 2023
f334711
Low income tax credit
brendenbodily Nov 6, 2023
75853a1
tax calculation, high income reduction, and itemized deduction
brendenbodily Nov 9, 2023
dd46c2e
Merge remote-tracking branch 'origin/main' into ar
brendenbodily Nov 9, 2023
ce1dda7
trying to fix childcare yaml file
brendenbodily Nov 9, 2023
7f5e6db
Fixing parameters
brendenbodily Nov 9, 2023
43d9982
fixing adoption credit parameter
brendenbodily Nov 9, 2023
fe70b41
fixing yaml file
brendenbodily Nov 9, 2023
83c1410
fixed yaml file
brendenbodily Nov 9, 2023
0f87832
fixed yaml file again
brendenbodily Nov 9, 2023
b1cded8
fixed another yaml
brendenbodily Nov 9, 2023
c379f9c
fixed another yaml
brendenbodily Nov 9, 2023
24ffd80
fixed high income reduction variable
brendenbodily Nov 10, 2023
88504aa
deleted ar_old
brendenbodily Nov 10, 2023
e2f8b63
added AR tests
brendenbodily Nov 10, 2023
d91151d
edited ar tests
brendenbodily Nov 10, 2023
8d43245
working on tests
brendenbodily Nov 13, 2023
d5b98e5
added high income reduction test
brendenbodily Nov 13, 2023
8d5d0cd
fixed high income reduction parameters
brendenbodily Nov 13, 2023
6f082d8
finished lump sum tax var, figuring out tests
brendenbodily Nov 13, 2023
9666d39
minor adjustments
brendenbodily Nov 14, 2023
26adcc6
fixed .calc usage
brendenbodily Nov 14, 2023
88a73a6
fixing minor error
brendenbodily Nov 14, 2023
629496c
working on rounding logic
brendenbodily Nov 14, 2023
4532032
adding another tax test
brendenbodily Nov 15, 2023
73c0ec9
testing a new test
brendenbodily Nov 15, 2023
6cd00e5
fixing the text
brendenbodily Nov 15, 2023
ef9f390
adding new tests
brendenbodily Nov 16, 2023
0f4d0eb
fixed yaml file
brendenbodily Nov 16, 2023
86b0faf
Fixed for testing
brendenbodily Nov 16, 2023
d19ed68
Fixing a test file
brendenbodily Nov 16, 2023
61d6639
updating metadata
brendenbodily Nov 16, 2023
ae142b0
Fixing metadata
brendenbodily Nov 16, 2023
11a2171
fixed metadata error
brendenbodily Nov 16, 2023
36d9383
Resolved metadata issue
brendenbodily Nov 17, 2023
c8e5dc7
Fixing more metadata issues
brendenbodily Nov 17, 2023
6a7e411
trying to fic tests
brendenbodily Nov 17, 2023
79c4a07
working on fixing parameters
brendenbodily Nov 17, 2023
74d63c6
fixing variables
brendenbodily Nov 17, 2023
6e18f2b
testing to fix
brendenbodily Nov 17, 2023
7e744c4
fixed yaml test
brendenbodily Nov 17, 2023
26ff2ab
testing
brendenbodily Nov 17, 2023
5a1e95b
testing again
brendenbodily Nov 17, 2023
40fd22c
trying again
brendenbodily Nov 17, 2023
28c9fd7
testing something
brendenbodily Nov 17, 2023
34a29a0
Another reduction test
brendenbodily Nov 17, 2023
ebda0cd
fixing reduction test again
brendenbodily Nov 17, 2023
dc8971a
trying to fix a test
brendenbodily Nov 20, 2023
466b3ff
trying again
brendenbodily Nov 20, 2023
f8f73c1
fix for high income credit reduction
brendenbodily Nov 20, 2023
a7d38dc
another fix attempt
brendenbodily Nov 20, 2023
c1b7949
one more test
brendenbodily Nov 20, 2023
60fd2dc
testing low income credit
brendenbodily Nov 20, 2023
71a15a8
trying to fix the credit
brendenbodily Nov 20, 2023
ba7ce21
working of litc
brendenbodily Nov 20, 2023
c11f8d5
working on litc
brendenbodily Nov 20, 2023
08d7d37
added personal credit test
brendenbodily Nov 27, 2023
821fc85
fixing personal credit tests
brendenbodily Nov 27, 2023
a5174b0
fixing rates
brendenbodily Nov 28, 2023
59a9c3b
lump sum test 1
brendenbodily Nov 28, 2023
153b67d
fixing rates once again
brendenbodily Nov 30, 2023
b44ec94
working on hir
brendenbodily Nov 30, 2023
bb1d402
working on tests
brendenbodily Nov 30, 2023
53f9810
working on this more
brendenbodily Nov 30, 2023
ba2525d
testing something
brendenbodily Nov 30, 2023
622b8ac
adding a new test to try a theory
brendenbodily Nov 30, 2023
aec95e0
working on lump sum dist
brendenbodily Dec 4, 2023
f23ac87
trying to fix low income credit
brendenbodily Dec 4, 2023
edfd09d
temporary print statements for diagnosis
brendenbodily Dec 5, 2023
5c6a004
adding 1 more print statement
brendenbodily Dec 5, 2023
2ffef05
possible fix
brendenbodily Dec 5, 2023
d311855
working on tests
brendenbodily Dec 5, 2023
2f9bf56
Working
brendenbodily Dec 5, 2023
83b6d8e
trying again
brendenbodily Dec 5, 2023
0191b02
testing
brendenbodily Dec 5, 2023
dcad8fd
trying again
brendenbodily Dec 5, 2023
d6a7b3e
Another test
brendenbodily Dec 5, 2023
5867d53
going back to test something
brendenbodily Dec 6, 2023
530f3a1
trying some tests
brendenbodily Dec 7, 2023
ea69127
Added college to itemized deductions
brendenbodily Jan 8, 2024
38d1777
fixed an error in the lump sum var
brendenbodily Jan 8, 2024
3d02098
A minor fix
brendenbodily Jan 8, 2024
d09299b
tryimg to fix lump sum
brendenbodily Jan 8, 2024
de1577a
added print statements for diagnostics
brendenbodily Jan 8, 2024
a9e0b04
fixed error
brendenbodily Jan 8, 2024
ea2e36f
working on lump sum
brendenbodily Jan 8, 2024
998b0ee
added print statements to test
brendenbodily Jan 10, 2024
c72db7d
Fixed
brendenbodily Jan 10, 2024
64801cf
added second test
brendenbodily Jan 10, 2024
663f470
Final tests for lump sum
brendenbodily Jan 11, 2024
7d52482
Fixed ccdc
brendenbodily Jan 16, 2024
b35bc79
Merge remote-tracking branch 'origin/main' into ar2
brendenbodily Jan 16, 2024
0b343a4
removed unnecessary parameters for child care credit
brendenbodily Jan 22, 2024
5e5e227
working in rounding issues
brendenbodily Jan 22, 2024
23c8e11
Another litc test 1/22/24
brendenbodily Jan 22, 2024
e5004e1
working on total income
brendenbodily Jan 23, 2024
ec569d1
testing
brendenbodily Jan 23, 2024
cf1a90b
changed gross to total
brendenbodily Jan 23, 2024
d3b866f
working on metadata
brendenbodily Jan 23, 2024
6f0744e
testing military pay
brendenbodily Jan 24, 2024
5bcf19f
Testing military pay again
brendenbodily Jan 24, 2024
0a621bf
testing new high income reduction
brendenbodily Jan 24, 2024
7d257c8
working on yaml file
brendenbodily Jan 24, 2024
2845017
fixing metadata
brendenbodily Jan 24, 2024
99ec836
fixed var name
brendenbodily Jan 24, 2024
f525a28
working on calc
brendenbodily Jan 24, 2024
809cf23
tryng something else
brendenbodily Jan 24, 2024
d8ca8a0
testing something
brendenbodily Jan 24, 2024
9b3bbe6
testing
brendenbodily Jan 24, 2024
bd3f286
added threshold year
brendenbodily Jan 24, 2024
6020f92
added print statements to diagnose
brendenbodily Jan 24, 2024
36e76b3
fixed yaml
brendenbodily Jan 24, 2024
6b3a58f
testing another set of sources
brendenbodily Jan 24, 2024
0785cd7
adjusting tests
brendenbodily Jan 24, 2024
5a4117f
test without ira exemption
brendenbodily Jan 24, 2024
6b6570a
first test 1/25/24
brendenbodily Jan 25, 2024
a5a24bb
test 2 1/25/24
brendenbodily Jan 25, 2024
5506190
test 3 1/25/24
brendenbodily Jan 25, 2024
b5bc022
added a print statement for diagnosis
brendenbodily Jan 25, 2024
04c2187
test 4 1/25/24
brendenbodily Jan 25, 2024
01c2614
test 5 1/15/24
brendenbodily Jan 25, 2024
e289732
More print Statements
brendenbodily Jan 25, 2024
51352df
test 6 1/25/24
brendenbodily Jan 25, 2024
7bfc9a5
Test 7 1/25/24
brendenbodily Jan 25, 2024
4cff5ed
test 8 1/25/24
brendenbodily Jan 25, 2024
ae5676b
test 1 1/26/24
brendenbodily Jan 26, 2024
f66f97c
test 2 1/16/24
brendenbodily Jan 26, 2024
955c0e0
test 3 1/26/24
brendenbodily Jan 26, 2024
7c0943b
test 4 1/26/24
brendenbodily Jan 26, 2024
622934b
test 5 1/26/24
brendenbodily Jan 26, 2024
6bef492
test 6 1/26/24
brendenbodily Jan 26, 2024
5f98900
test 7 1/26/24
brendenbodily Jan 26, 2024
baf91d2
test 7 1/26/24
brendenbodily Jan 26, 2024
9ba21e0
test 8 1/26/24
brendenbodily Jan 26, 2024
6f0c33b
income tax test
brendenbodily Jan 26, 2024
079a4a9
added itemized tests
brendenbodily Jan 29, 2024
7a4197e
added necessary demographic categories
brendenbodily Jan 29, 2024
8f7aabb
fixed interest deduction
brendenbodily Jan 29, 2024
ee3cf3b
Itemized test 1
brendenbodily Jan 29, 2024
880a385
itemized test 2
brendenbodily Jan 29, 2024
d52850c
itemized test 3
brendenbodily Jan 29, 2024
ce12bb8
itemized test 4
brendenbodily Jan 29, 2024
c316bdc
itemized test 5
brendenbodily Jan 29, 2024
03c451e
added other credits
brendenbodily Jan 31, 2024
a97e889
fixed class name
brendenbodily Jan 31, 2024
a28cbce
fixed test
brendenbodily Jan 31, 2024
8db4d37
added metabolic credit and employee expenses
brendenbodily Jan 31, 2024
e130f18
fixed variable
brendenbodily Jan 31, 2024
7dff97b
added another test
brendenbodily Jan 31, 2024
2c60243
fixed test
brendenbodily Jan 31, 2024
ae7e837
fixed the test again
brendenbodily Jan 31, 2024
c7519e4
added taxable gains logic
brendenbodily Feb 1, 2024
f13bdca
removed extra hir files, added cap gains test
brendenbodily Feb 2, 2024
5e1231a
switched ar_capital_gains to person
brendenbodily Feb 2, 2024
e142b57
added non refindable credits to yaml file
brendenbodily Feb 2, 2024
2f4bd6c
temporarily removed ar_capital_gains
brendenbodily Feb 2, 2024
d71a261
changing entity type
brendenbodily Feb 8, 2024
9b43603
fixing entity types in .py file
brendenbodily Feb 8, 2024
133dae4
fixed ar_capital_gains
brendenbodily Feb 8, 2024
c0f94af
fixed syntax
brendenbodily Feb 8, 2024
c417d54
capital gains in total income
brendenbodily Feb 13, 2024
5a449a7
added cap loss adjustment
brendenbodily Feb 14, 2024
8e3162f
added brackets within add function arg
brendenbodily Feb 14, 2024
215919d
moved add function to separate line
brendenbodily Feb 14, 2024
ecdd96a
removed brackets in add function call
brendenbodily Feb 14, 2024
59b4a53
trying another syntax
brendenbodily Feb 14, 2024
97a77e9
fixed nonqualified distributions
brendenbodily Feb 15, 2024
bad8600
added ar other net gains
brendenbodily Feb 15, 2024
b1a5107
fixed title
brendenbodily Feb 15, 2024
ca8f292
fixed source title
brendenbodily Feb 15, 2024
53174c0
fixed entity status
brendenbodily Feb 15, 2024
1e41507
fixed entity type
brendenbodily Feb 15, 2024
ec623c2
fixed entity type
brendenbodily Feb 15, 2024
724d8d9
deleted comments
brendenbodily Feb 16, 2024
4621b47
deleted print statements
brendenbodily Feb 16, 2024
034506c
added capital loss adjustment to total income py file
brendenbodily Feb 16, 2024
e353cce
fixing cdcc credit
brendenbodily Feb 28, 2024
ad48519
fixing dependent credits
brendenbodily Feb 29, 2024
a9cc10f
fixed cap gains and added tests
brendenbodily Feb 29, 2024
104d846
fixed high income reduction
brendenbodily Mar 6, 2024
1accced
added 2023 values and deleted unnecessary files
brendenbodily Mar 7, 2024
ae1906b
deleted unneeded file
brendenbodily Mar 20, 2024
d9d6185
Black Formatted Files
brendenbodily Mar 28, 2024
1675fbf
Linecheck files
brendenbodily Mar 28, 2024
47d19ec
deleted old files
brendenbodily Mar 28, 2024
61bb412
new black formatted files
brendenbodily Mar 28, 2024
4561355
new black formatted files
brendenbodily Mar 28, 2024
74bc0b3
updated new PRs
brendenbodily Nov 14, 2024
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updated fiscalsim PRs
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5 changes: 5 additions & 0 deletions fiscalsim_us/parameters/gov/states/ar/README.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,5 @@
# Arkansas
* The Arkansas code gives the Arkansas DFA significant control over how the tax code is implemented. In our model, we follow the DFA's interpretation in most cases for that reason.
* We do not model Line 32 on AR1000F, because federal form 5329 is not modeled on the federal level.
* We do not model full or part-year resident status
* We calculate the low income tax credit slightly differently than the Arkansas DFA does. The DFA rounds the unrounded tax liability to the nearest tenth before rounding the result to the nearest whole number. It then proceeds with the formula using that result. We find this to be incorrect mathematically and simply round the tax liability to the nearest whole number before proceeding with the rest of the formula. Usually, this doesn't change the result, but it occasionally results in the DFA's calculation overestimating the credit by 1.
Original file line number Diff line number Diff line change
@@ -0,0 +1,22 @@
description: This is the maximum amount of capital losses that an Arkansas taxpayer can claim per year, by filing status
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas capital loss cap
name: capital_loss_cap
reference:
- title: Arkansas AR1000D Arkansas Individual Income Tax Capital Gains Line 12
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000D_CapitalGains.pdf
breakdown:
- filing_status
JOINT:
2022-01-01: 3_000
WIDOW:
2022-01-01: 3_000
HEAD_OF_HOUSEHOLD:
2022-01-01: 3_000
SINGLE:
2022-01-01: 3_000
SEPARATE:
2022-01-01: 1_500
Original file line number Diff line number Diff line change
@@ -0,0 +1,10 @@
description: Arkansas considers this percentage of long term capital gains to be taxable
values:
2022-01-01: .5
metadata:
type: single-amount
period: year
label: Arkansas Long Term Capital Gains Cap
reference:
- title: 2022 AR1000D ARKANSAS INDIVIDUAL INCOME TAX Capital Gains Line 8
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000D_CapitalGains.pdf
Original file line number Diff line number Diff line change
@@ -0,0 +1,10 @@
description: Arkansas does not tax net long term capital gains above this amount
values:
2022-01-01: 10_000_000
metadata:
unit: currency-USD
period: year
label: Arkansas Long Term Capital Gains Cap
reference:
- title: 2022 AR1000D ARKANSAS INDIVIDUAL INCOME TAX Capital Gains Line 7b
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000D_CapitalGains.pdf

This file was deleted.

Original file line number Diff line number Diff line change
@@ -1,5 +1,6 @@
description: Arkansas allows for this maximum inflationary relief tax credit amount, based on filing status.
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income-tax credit maximum amount
Original file line number Diff line number Diff line change
@@ -1,5 +1,6 @@
description: Arkansas reduces the inflationary relief tax credit by this amount for each increment of taxable income above the threshold, based on the filing status.
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas inflation relief credit reduction amount
Original file line number Diff line number Diff line change
@@ -1,5 +1,6 @@
description: Arkansas reduces the inflationary relief tax credit for each of these increments of taxable income above the threshold, based on filing status.
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income reduction increment
Original file line number Diff line number Diff line change
@@ -1,5 +1,6 @@
description: Arkansas provides inflationary relief tax credit to filers with taxable income above this amount, based on filing status.
metadata:
type: single_amount
reference:
# The inflation relief credit is not mentioned in the Arkansas statutes
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
@@ -16,11 +17,16 @@ metadata:
- filing_status
JOINT:
2022-01-01: 174_000
2023-01-01: 179_200
SURVIVING_SPOUSE:
2022-01-01: 87_000
2023-01-01: 89_600
HEAD_OF_HOUSEHOLD:
2022-01-01: 87_000
2023-01-01: 89_600
SINGLE:
2022-01-01: 87_000
2023-01-01: 89_600
SEPARATE:
2022-01-01: 87_000
2023-01-01: 89_600
Original file line number Diff line number Diff line change
@@ -0,0 +1,24 @@
description: This is the minimum amount at which an Arkansas Resident is not exempt from taxes, for each filing status, 2 or more dependents
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income-tax credit minimum income
name: low_dep_inc_tax_credit_min_income
reference:
- title: Arkansas Code Title 26. Taxation § 26-51-301.
href: https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-301/
- title: Arkansas 2022 Tax Tables
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_TaxTables.pdf
breakdown:
- filing_status
JOINT:
2022-01-01: 27_292
WIDOW:
2022-01-01: 22_790
HEAD_OF_HOUSEHOLD:
2022-01-01: 22_790
SINGLE:
2022-01-01: 13_447
SEPARATE:
2022-01-01: 0
Original file line number Diff line number Diff line change
@@ -0,0 +1,22 @@
description: Arkansas's low income tax credit is reduced by this amount for each additional $100 in income. Units with 2 or more dependents
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income-tax credit phaseout rate
name: high_dep_inc_tax_credit_phaseout_rate
reference:
- title: Arkansas Code Title 26. Taxation § 26-51-301. Subsection f
href: https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-301/
breakdown:
- filing_status
JOINT:
2022-01-01: 7
WIDOW:
2022-01-01: 9
HEAD_OF_HOUSEHOLD:
2022-01-01: 9
SINGLE:
2022-01-01: 4
SEPARATE:
2022-01-01: 0
Original file line number Diff line number Diff line change
@@ -0,0 +1,12 @@
description: Arkansas' low income tax credit is this percentage of the tax due on the lowest amount of income at which one is not exempt from taxes for each filing status.
values:
2022-01-01: 0.8
metadata:
type: single_amount
reference:
- title: Arkansas Code Title 26. Taxation § 26-51-301. Subsection f
href: https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-301/
unit: /1
period: year
name: income_tax_credit_pct
label: AR low income tax credit percent
Original file line number Diff line number Diff line change
@@ -0,0 +1,25 @@
description: This is the minimum amount at which an Arkansas Resident is not exempt from taxes, for each filing status, 1 or fewer dependents
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income-tax credit minimum income
name: low_dep_inc_tax_credit_min_income
reference:
- title: Arkansas Code Title 26. Taxation § 26-51-301.
href: https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-301/
- title: Arkansas 2022 Tax Tables
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_TaxTables.pdf

breakdown:
- filing_status
JOINT:
2022-01-01: 22_676
WIDOW:
2022-01-01: 19_118
HEAD_OF_HOUSEHOLD:
2022-01-01: 19_118
SINGLE:
2022-01-01: 13_447
SEPARATE:
2022-01-01: 0
Original file line number Diff line number Diff line change
@@ -0,0 +1,23 @@
description: Arkansas's low income tax credit is reduced by this amount for each additional $100 in income. Units with one or fewer dependents
metadata:
type: single_amount
period: year
unit: currency-USD
label: Arkansas income-tax credit phaseout rate
name: low_dep_inc_tax_credit_phaseout_rate
reference:
- title: Arkansas Code Title 26. Taxation § 26-51-301. Subsection f
href: https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-301/

breakdown:
- filing_status
JOINT:
2022-01-01: 7
WIDOW:
2022-01-01: 6
HEAD_OF_HOUSEHOLD:
2022-01-01: 6
SINGLE:
2022-01-01: 4
SEPARATE:
2022-01-01: 0
Original file line number Diff line number Diff line change
@@ -1,7 +1,16 @@
description: Arkansas provides these nonrefundable income tax credits.
values:
2022-01-01:
- ar_inflation_relief_credit
- ar_inflationary_relief_tax_credit
- ar_personal_credits
- ar_stillborn_child_credit
- ar_political_contribution_credit
- ar_other_state_credit
- ar_metabolic_disorder_credit
- ar_adoption_expense_credit
- ar_additional_tax_credit
- ar_business_credits
- ar_nonrefundable_cdcc
metadata:
reference:
- title: Inflationary relief income-tax credit worksheet
Original file line number Diff line number Diff line change
@@ -0,0 +1,77 @@
description: Arkansas grants taxpayers this additional credit. married Filing Jointly - double the credit amount
metadata:
type: single_amount
threshold_unit: currency-USD
label: Arkansas additional income tax credit
reference:
- title: 2022 AR 1000F Arkansas Individual Income Tax Return (line 36)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_FullYearResidentIndividualIncomeTaxReturn.pdf

- title: 2022 Additional Tax Credit For Qualified Individuals Worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_AdditionalTaxCreditforQualifiedIndividuals_FI.pdf

brackets:
- threshold:
2022-01-01: 0
amount:
2022-01-01: 60
- threshold:
2022-01-01: 24_301
2023-01-01: 25_001
amount:
2022-01-01: 55
- threshold:
2022-01-01: 24_401
2023-01-01: 25_101
amount:
2022-01-01: 50
- threshold:
2022-01-01: 24_501
2023-01-01: 25_201
amount:
2022-01-01: 45
- threshold:
2022-01-01: 24_601
2023-01-01: 25_301
amount:
2022-01-01: 40
- threshold:
2022-01-01: 24_701
2023-01-01: 25_401
amount:
2022-01-01: 35
- threshold:
2022-01-01: 24_801
2023-01-01: 25_501
amount:
2022-01-01: 30
- threshold:
2022-01-01: 24_901
2023-01-01: 25_601
amount:
2022-01-01: 25
- threshold:
2022-01-01: 25_001
2023-01-01: 25_701
amount:
2022-01-01: 20
- threshold:
2022-01-01: 25_101
2023-01-01: 25_801
amount:
2022-01-01: 15
- threshold:
2022-01-01: 25_201
2023-01-01: 25_901
amount:
2022-01-01: 10
- threshold:
2022-01-01: 25_301
2023-01-01: 26_001
amount:
2022-01-01: 5
- threshold:
2022-01-01: 25_401
2023-01-01: 26_101
amount:
2022-01-01: 0
Original file line number Diff line number Diff line change
@@ -0,0 +1,14 @@
description: Arkansas multiplies the additional tax credit for qualifying individuals by this amount if the filing status is JOINT.
values:
2022-01-01: 2
metadata:
type: single_amount
reference:
- title: AR1000TC Arkansas Individual Income Tax Credits (Line 6)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits.pdf
- title: ADDITIONAL TAX CREDIT FOR QUALIFIED INDIVIDUALS WORKSHEET
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_AdditionalTaxCreditforQualifiedIndividuals_FI.pdf
unit: /1
period: year
name: additional_credit_joint_multiple
label: AR additional credit joint multiple
Original file line number Diff line number Diff line change
@@ -0,0 +1,14 @@
description: Arkansas matches up to this share of the federal Adoption Expense Credit.
values:
2022-01-01: 0.20
metadata:
type: single_amount
reference:
- title: AR1000TC Arkansas Individual Income Tax Credits (Line 3)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits.pdf
- title: AR1000TC Arkansas Individual Income Tax Credits Instructions (Line 3)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits_Instructions.pdf
unit: /1
period: year
name: ar_adoption_credit
label: AR percent of federal Adoption Expense Credit
Original file line number Diff line number Diff line change
@@ -0,0 +1,11 @@
description: AR1113 PHENYLKETONURIA DISORDER AND OTHER METABOLIC DISORDERS MAX CREDIT
values:
2022-01-01: 2_400
metadata:
type: single_amount
reference:
- title: 2022 AR1113 PHENYLKETONURIA DISORDER AND OTHER METABOLIC DISORDERS CREDIT (line 4)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1113_PhenylketonuriaOtherMetabolicDisordersCredit.pdf
unit: currency-USD
period: year
label: PHENYLKETONURIA DISORDER AND OTHER METABOLIC DISORDERS MAX CREDIT
Original file line number Diff line number Diff line change
@@ -0,0 +1,25 @@
description: Arkansas Other Tax Credits - Political Contribution Credit (per Taxpayer)
values:
2022-01-01: 50
metadata:
type: single_amount
reference:
- title: AR1000TC Arkansas Individual Income Tax Credits (Line 1)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits.pdf
- title: AR1000TC Arkansas Individual Income Tax Credits Instructions (Line 1)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits_Instructions.pdf
unit: currency-USD
period: year
label: Arkansas Other Tax Credits - Political Contribution Credit
breakdown:
- filing_status
JOINT:
2022-01-01: 100
WIDOW:
2022-01-01: 50
HEAD_OF_HOUSEHOLD:
2022-01-01: 50
SINGLE:
2022-01-01: 50
SEPARATE:
2022-01-01: 50
Original file line number Diff line number Diff line change
@@ -0,0 +1,14 @@
description: Arkansas Max Allowable Stillbirth Tax Credit Amount
values:
2022-01-01: 500
metadata:
type: single_amount
reference:
- title: AR1000TC Arkansas Individual Income Tax Credits (Line 5)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits.pdf
- title: AR1000TC Arkansas Individual Income Tax Credits Instructions (Line 5)
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000TC_Schedule_of_TaxCredits_andBusiness_IncentiveCredits_Instructions.pdf
unit: /1
period: year
name: ar_stillbirth_credit
label: AR Max Allowable Stillbirth Tax Credit Amount
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