*** IMPORTANT NOTE *** PENSIM:RUN.use_inctax must be set to true (T) in order to activate income-tax logic in PENSIM and GEMINI:RUN.use_inctax must be set to true (T) in order to activate income-tax logic in GEMINI.
Parent table is: RUN
Child table is: ITBASE
Child table is: ITFICA
Child table is: ITSCHX
Child table is: ITSCHY
Child table is: ITSCHZ
Child table is: ITAMT
Child table is: ITSCNOR
Child table is: ITCCNOR
Child table is: ITSCREF
Child table is: ITEITC
Child table is: ITCCREF
Child table is: ITNOF
Child table is: IMPUTE
Go to PENSIM input parameters overview
PENSIM: INCTAX . id
Identifies policy parameters specified on this row of table, so id value should be unique.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . notes
Describes specification of table row in free-form note.
Valid values: any ASCII text, Memo (Note: do not copy and paste from a word processor because of the possibility of embedded non-ASCII characters.
PENSIM: INCTAX . f_index_yr
Specifies first calendar year in which to inflation index the income tax parameters that are inflation indexed. In years before f_index_yr the parameters in the database tables are used in the income tax calculations. Use the cpi_index parameter to specify which statistical series is used to do the indexing.
Valid values: SSASIM:RUN.year_zero+1 to 9999, Integer
PENSIM: INCTAX . cpi_index
Specifies which measure of inflation to use when indexing income tax parameters whose value is to be indexed. True implies use of the BLS CPI to index; false implies use of the SSA AWI to index. This parameter does not control which income tax parameters are indexed; it only specifies which statistical series to use when indexing is called for. The baseline value of this parameter is true.
Valid values: T (=1) or F (=0) (for true or false), Logical
PENSIM: INCTAX . trace_more
Specifies whether or not more details of income-tax calculation are shown for the individual who is being traced (see TRACE table parameters).
Valid values: T (=1) or F (=0) (for true or false), Logical
PENSIM: INCTAX . itbase_id
Points to rows in the child ITBASE table, which specify year-specific income-tax parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itfica_id
Points to rows in the child ITFICA table, which specify year-specific OASDI and HI payroll tax rates.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itschx_id
Points to rows in the child ITSCHX table, which specify year-specific tax rate schedules for those with filing status of single (Schedule X).
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itschy_id
Points to rows in the child ITSCHY table, which specify year-specific tax rate schedules for those with filing status of married filing jointly or qualifying widow(er) with dependent child (Schedule Y-1). NOTE: the income-tax module does not simulate married filing separately, and therefore, Schedule Y-2 is not used.)
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itschz_id
Points to rows in the child ITSCHZ table, which specify year-specific tax rate schedule for those with filing status of head of household (Schedule Z).
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itamt_id
Points to rows in the child ITAMT table, which specify year-specific exemption amounts and tax schedules for the alternative minimum tax (AMT).
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itscnor_id
Points to rows in the child ITSCNOR table, which specify year-specific nonrefundable saver's credit parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itccnor_id
Points to rows in the child ITCCNOR table, which specify year-specific nonrefundable child credit parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itscref_id
Points to rows in the child ITSCREF table, which specify year-specific refundable saver's credit parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . iteitc_id
Points to rows in the child ITEITC table, which specify year-specific earned income tax credit (EITC) parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itccref_id
Points to rows in the child ITCCREF table, which specify year-specific refundable child credit parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . itnof_id
Points to rows in the child ITNOF table, which specify year-specific income tax nonfiling probability parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . impute_id
Points to rows in the child IMPUTE table, which specify income tax imputation equation parameters.
Valid values: 1 to 999999999, Integer
PENSIM: INCTAX . do_impute
Specifies whether or not GEMINI uses the parameters in the IMPUTE table and child tables to impute income not simulated in the PSG models. PENSIM never uses imputed incomes in federal income tax calculations. The baseline value of this parameter is true.
Valid values: T (=1) or F (=0) (for true or false), Logical
PENSIM: INCTAX . scn_rnstrm
Specifies the random number stream used to determine whether or not an income tax filing unit applies for a nonrefundable savers credit for which the unit is eligible.
Valid values: 0 to 59, Integer
PENSIM: INCTAX . scr_rnstrm
Specifies the random number stream used to determine whether or not an income tax filing unit applies for a refundable savers credit for which the unit is eligible.
Valid values: 0 to 59, Integer
PENSIM: INCTAX . nof_rnstrm
Specifies the random number stream used to determine whether or not an income tax filing unit actually files a return.
Valid values: 0 to 59, Integer