*** 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: INCTAX
There are no child tables.
Go to PENSIM input parameters overview
PENSIM: ITEITC . id
Identifies policy parameters that can vary across calendar years, so more than one row can have the same id value.
Valid values: 1 to 999999999, Integer
PENSIM: ITEITC . 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: ITEITC . cal_year
Calendar year for which policy parameter values apply.
Valid values: 2004 to LAST, Integer where LAST is cohort birth year plus 134 years
PENSIM: ITEITC . nok_minage
Minimum age at which individual(s) with no children become(s) eligible for an earned income tax credit.
Valid values: 18 to 25, Integer Interpolated as an integer number.
PENSIM: ITEITC . crate_0
Percentage credit rate for income tax filing unit with no eligible children.
Valid values: 0.0 to 60.0, Real
PENSIM: ITEITC . crate_1
Percentage credit rate for income tax filing unit with one eligible child.
Valid values: 0.0 to 60.0, Real
PENSIM: ITEITC . crate_2
Percentage credit rate for income tax filing unit with two eligible children.
Valid values: 0.0 to 60.0, Real
PENSIM: ITEITC . crate_3
Percentage credit rate for income tax filing unit with three or more eligible children.
Valid values: 0.0 to 60.0, Real
PENSIM: ITEITC . porate_0
Percentage phase-out rate for income tax filing unit with no eligible children.
Valid values: 0.0 to 40.0, Real
PENSIM: ITEITC . porate_1
Percentage phase-out rate for income tax filing unit with one eligible child.
Valid values: 0.0 to 40.0, Real
PENSIM: ITEITC . porate_2
Percentage phase-out rate for income tax filing unit with two eligible children.
Valid values: 0.0 to 40.0, Real
PENSIM: ITEITC . porate_3
Percentage phase-out rate for income tax filing unit with three or more eligible children.
Valid values: 0.0 to 40.0, Real
PENSIM: ITEITC . adhoc_amts
Specifies whether or not indexing of the dollar amounts used in the EITC calculation is suspended for this year and the value for dollar amounts are taken to be the values specified in the table. True implies no indexing; false implies ignore value in table. Important note: be sure to set adhoc_amts to false in the year after it is true if indexing is to resume after a one-time change in the EITC dollar amounts; if this is not done, the last adhoc amounts are extrapolated into the future without any indexing.
Valid values: T (=1) or F (=0) (for true or false), Logical
PENSIM: ITEITC . maxagi0
Maximum AGI for earned income tax credit eligibility for income tax filing units with no eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxagi1
Maximum AGI for earned income tax credit eligibility for income tax filing units with one eligible child. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxagi2
Maximum AGI for earned income tax credit eligibility for income tax filing units with two eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxagi3
Maximum AGI for earned income tax credit eligibility for income tax filing units with three or more eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxagixj
AGI amount that is added as extra to maxagi_N (where N=0,1,2,3) when the income tax filing unit is married filing joint. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxcredit0
Maximum annual dollar amount of the earned income tax credit for income tax filing units with no eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxcredit1
Maximum annual dollar amount of the earned income tax credit for income tax filing units with one eligible child. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxcredit2
Maximum annual dollar amount of the earned income tax credit for income tax filing units with two eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxcredit3
Maximum annual dollar amount of the earned income tax credit for income tax filing units with three or more eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . poamt0
Worksheet amount at which the maximum credit begins to be phased out for income tax filing units with no eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . poamt1
Worksheet amount at which the maximum credit begins to be phased out for income tax filing units with one eligible child. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . poamt2
Worksheet amount at which the maximum credit begins to be phased out for income tax filing units with two eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . poamt3
Worksheet amount at which the maximum credit begins to be phased out for income tax filing units with three or more eligible children. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . poamtxj
Worksheet amount that is added as extra to poamtN (where N=0,1,2,3) when the income tax filing unit is married filing joint. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999, Integer Interpolated as a real number.
PENSIM: ITEITC . maxinvinc
Maximum investment income allowed for earned income tax credit eligibility for all income tax filing units. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999999, Integer Interpolated as a real number.
PENSIM: ITEITC . oiagilvlm0
AGI level for income tax filing units with other (that is, non-earnings) income, and who have married-joint filing status and who have no EITC-eligible kids, above which the alternative (AGI-based) EITC calculations are performed. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999999, Integer Interpolated as a real number.
PENSIM: ITEITC . oiagilvlx0
AGI level for income tax filing units with other (that is, non-earnings) income, and who have non-married-joint filing status and who have no EITC-eligible kids, above which the alternative (AGI-based) EITC calculations are performed. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999999, Integer Interpolated as a real number.
PENSIM: ITEITC . oiagilvlm1
AGI level for income tax filing units with other (that is, non-earnings) income, and who have married-joint filing status and who have some EITC-eligible kids, above which the alternative (AGI-based) EITC calculations are performed. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999999, Integer Interpolated as a real number.
PENSIM: ITEITC . oiagilvlx1
AGI level for income tax filing units with other (that is, non-earnings) income, and who have non-married-joint filing status and who have some EITC-eligible kids, above which the alternative (AGI-based) EITC calculations are performed. The value of this parameter can be influenced by ITEITC.adhoc_amts parameter when being indexed.
Valid values: 0 to 999999999, Integer Interpolated as a real number.