*** 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: ITSCHZ . 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: ITSCHZ . 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: ITSCHZ . 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: ITSCHZ . adhoc_tops
Specifies whether or not taxable income bracket tops in this table are not indexed this year. A value of true implies indexing is skipped and the value in the table is used for this year. The value of this parameter is ignored in all years before the first indexing year, INCTAX.f_index_yr.
Valid values: T (=1) or F (=0) (for true or false), Logical
PENSIM: ITSCHZ . taxrate_0
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_0
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_1
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_1
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_2
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_2
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_3
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_3
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_4
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_4
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_5
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_5
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_6
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_6
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]
PENSIM: ITSCHZ . taxrate_7
Specifies the marginal federal income tax rate in this tax bracket expressed as a decimal fraction.
Valid values: 0.0 to 1.0, Real
PENSIM: ITSCHZ . tinctop_7
Specifies the taxable income at the top of this tax bracket expressed in dollars.
Valid values: any non-negative value, Real [set to 9.99e300 for last bracket]