Az

fiscalsim_us/parameters/gov/states/az/README.md

@@ -1 +1,56 @@
-# Arizona
+# Arizona
+* Arizona has long had a progressive tax system but has recently transitioned to a flat tax for individual income tax that will begin tax year 2023.
+* We do not model Small Business Income on line 13 of form 2022 AZ 140 Resident Personal Income Tax Return.
+## Exemptions
+Here is a list of exemptions available to Arizona residents
+* Age 65 or over (modeled)
+* Blind (modeled)
+* Other Exemptions (not modeled)
+* Qualifying parents and grandparents (not modeled)
+## Adjustments - Additions and Subtractions for AGI
+### Additions
+Here is a list of additions to Arizona AGI found on 2022 Arizona form 140. None of the additions are modeled in FiscalSim.
+* Non-Arizona municipal interest (not modeled) ☒
+* Partnership Income adjustment (not modeled) ☒
+* Total federal depreciation (not modeled) ☒
+* Other Additions to Income (not modeled) ☒
+### Subtractions
+* Total net capital gain or (loss) (modeled)
+* Total net short term capital gain or (loss) (modeled)
+* Total net long-term capital gain or (loss) (modeled)
+* Net long-term capital gain from assets aquired after December 31, 2011 (modeled)
+* Net capital gain derived from investment in qualified small business (not modeled)
+* Recalculated Arizona depreciation (not modeled)
+* Partnership income adjustment (not modeled)
+* Interest on U.S. obligations such as U.S. savings bonds and treasury bills (not modeled)
+* Exclusion for federal, Arizona state or local government pensions (up to $2,500 per taxpayer) (not modeled)
+* Exclusion for benefits, annuities and pensions for retired/retainer pay of the uniformed services (not modeled)
+* U.S. Social Security or Railroad Retirement Act benefits included as income on your federal return (taxable amount) (modeled)
+* Certain wages of American Indians (not modeled)
+* Pay recieved for active service as a member of hte reserves, national gaurd, or the U.S. armed forces (not modeled)
+* Net operating loss adjustment (not modeled)
+* Contributions to 529 College Savings Plans (not modeled)
+* Contributions to 529A (ABLE accounts) (not modeled)
+## Deductions
+The model selects the greater value between the Itemized and Standard Deduction variables for Arizona. Below are lists of what are included for each of the respective deductions. 
+### Itemized Deductions
+* Adjustments to Medical and Dental Expenses (fully modeled)
+    * Medical and dental expenses
+    * Medical expenses allowed to be taken as a federal itemized deduction. 
+* Adjustment to Interest Deduction (not modeled)
+* Adjustments to Charitable Contributions
+* Adjustments to State Income Taxes
+* Other Adjustments
+### Standard Deduction
+Arizona has a 
+## Non-refundable Credits
+* Dependent Tax Credit (modeled)
+* Family income tax credit (modeled)
+* Nonrefundable Credits from Arizona Form 301 (not modeled)
+## Refundable Credits
+Here is a list of AZ refundable credits with a notation of which are included in this model. This list comes from the 2022 Resident Personal Income Tax Return. 
+* Increased Excise Tax Credit (not modeled)
+* Property Tax Credit from Arizona Form 140PTC (not modeled)
+* Other refundable credits (line 58)
+    * Credit for Increased Research Activities - Individuals (Form 308-I) (not modeled)
+    * Credit for Qualified Facilities (Form 349) (not modeled)

fiscalsim_us/parameters/gov/states/az/tax/income/credits/adjustment_table.yaml

@@ -0,0 +1,98 @@
+description: Arizon limits the amount of dependent tax credit.
+
+brackets:
+- threshold:
+      2022-01-01: -.inf
+  amount: 
+      2022-01-01: 0
+- threshold:
+      2022-01-01: 1
+  amount: 
+      2022-01-01: .95
+- threshold:
+      2022-01-01: 1_000
+  amount: 
+      2022-01-01: .90
+- threshold:
+      2022-01-01: 2_000
+  amount: 
+      2022-01-01: .85
+- threshold:
+      2022-01-01: 3_000
+  amount: 
+      2022-01-01: .80
+- threshold:
+      2022-01-01: 4_000
+  amount: 
+      2022-01-01: .75
+- threshold:
+      2022-01-01: 5_000
+  amount: 
+      2022-01-01: .70
+- threshold:
+      2022-01-01: 6_000
+  amount: 
+      2022-01-01: .65
+- threshold:
+      2022-01-01: 7_000
+  amount: 
+      2022-01-01: .60
+- threshold:
+      2022-01-01: 8_000
+  amount: 
+      2022-01-01: .55
+- threshold:
+      2022-01-01: 9_000
+  amount: 
+      2022-01-01: .50
+- threshold:
+      2022-01-01: 10_000
+  amount: 
+      2022-01-01: .45
+- threshold:
+      2022-01-01: 11_000
+  amount: 
+      2022-01-01: .40
+- threshold:
+      2022-01-01: 12_000
+  amount: 
+      2022-01-01: .35
+- threshold:
+      2022-01-01: 13_000
+  amount: 
+      2022-01-01: .30
+- threshold:
+      2022-01-01: 14_000
+  amount: 
+      2022-01-01: .25
+- threshold:
+      2022-01-01: 15_000
+  amount: 
+      2022-01-01: .20
+- threshold:
+      2022-01-01: 16_000
+  amount: 
+      2022-01-01: .15
+- threshold:  
+      2022-01-01: 17_000
+  amount: 
+      2022-01-01: .10
+- threshold:
+      2022-01-01: 18_000
+  amount: 
+      2022-01-01: .05
+- threshold:  
+      2022-01-01: 19_000
+  amount: 
+      2022-01-01: 0
+
+
+metadata:
+  threshold_unit: currency-USD
+  amount_unit: /1
+  threshold_period: year
+  type: single_amount
+  label: Arizona adjustment table for Dependent Tax Credit
+  reference:
+    - title: 2022 Arizona Income Tax Form 140
+      href: https://azdor.gov/forms/individual/form-140-resident-personal-income-tax-form-non-fillable-form  

fiscalsim_us/parameters/gov/states/az/tax/income/credits/family_income/head_of_household.yaml

@@ -0,0 +1,35 @@
+description: Arizona Family Income Tax Credit income limitations for head_of_household filers
+
+brackets:
+- threshold:
+      2022-01-01: 0
+  amount: 
+      2022-01-01: 20_000
+- threshold:
+      2022-01-01: 2
+  amount: 
+      2022-01-01: 20_135
+- threshold:
+      2022-01-01: 3
+  amount: 
+      2022-01-01: 23_800
+- threshold:
+      2022-01-01: 4
+  amount: 
+      2022-01-01: 25_200
+- threshold:
+      2022-01-01: 5
+  amount: 
+      2022-01-01: 26_575
+
+
+
+metadata:
+  threshold_unit: /1
+  amount_unit: currency-USD
+  threshold_period: year
+  type: single_amount
+  label: Arizona Family Income Tax Credit income limitations for head_of_household filers
+  reference:
+    - title: 2022 Arizona Income Tax Form 140
+      href: https://azdor.gov/forms/individual/form-140-resident-personal-income-tax-form-non-fillable-form  

fiscalsim_us/parameters/gov/states/az/tax/income/credits/family_income/joint.yaml

@@ -0,0 +1,31 @@
+description: Arizona Family Income Tax Credit income limitations for joint filers
+
+brackets:
+- threshold:
+      2022-01-01: 0
+  amount: 
+      2022-01-01: 20_000
+- threshold:
+      2022-01-01: 2
+  amount: 
+      2022-01-01: 23_600
+- threshold:
+      2022-01-01: 3
+  amount: 
+      2022-01-01: 27_300
+- threshold:
+      2022-01-01: 4
+  amount: 
+      2022-01-01: 31_000
+
+
+
+metadata:
+  threshold_unit: /1
+  amount_unit: currency-USD
+  threshold_period: year
+  type: single_amount
+  label: Arizona Family Income Tax Credit income limitations for joint filers
+  reference:
+    - title: 2022 Arizona Income Tax Form 140
+      href: https://azdor.gov/forms/individual/form-140-resident-personal-income-tax-form-non-fillable-form  

fiscalsim_us/parameters/gov/states/az/tax/income/credits/family_income/single_seperate.yaml

@@ -0,0 +1,18 @@
+description: Arizona Family Income Tax Credit income limitations for single and seperate filers
+
+brackets:
+- threshold:
+      2022-01-01: 0
+  amount: 
+      2022-01-01: 10_000
+
+
+metadata:
+  threshold_unit: /1
+  amount_unit: currency-USD
+  threshold_period: year
+  type: single_amount
+  label: Arizona Family Income Tax Credit income limitations for single and seperate filers
+  reference:
+    - title: 2022 Arizona Income Tax Form 140
+      href: https://azdor.gov/forms/individual/form-140-resident-personal-income-tax-form-non-fillable-form