diff --git a/changelog_entry.yaml b/changelog_entry.yaml index e69de29bb2d..47a7797bb28 100644 --- a/changelog_entry.yaml +++ b/changelog_entry.yaml @@ -0,0 +1,6 @@ +- bump: minor + changes: + added: + - Add 2025 references to all New York State and NYC income tax parameters. + - Update geothermal energy system credit cap to $10,000 for systems placed in service on/after July 1, 2025. + - Add 2025 NY income tax integration tests. diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/child_age_restriction.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/child_age_restriction.yaml index 520dab31720..4edef878c0c 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/child_age_restriction.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/child_age_restriction.yaml @@ -5,5 +5,7 @@ metadata: reference: - title: Instructions for Form IT-216 href: https://www.tax.ny.gov/pdf/current_forms/it/it216i.pdf#page=6 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 values: 2022-01-01: 4 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/max_rate.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/max_rate.yaml index 7ee78ce2588..6e87d35dd8e 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/max_rate.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/max_rate.yaml @@ -5,5 +5,7 @@ metadata: reference: - title: Instructions for Form IT-216 href: https://www.tax.ny.gov/pdf/current_forms/it/it216i.pdf#page=7 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 values: 2022-01-01: 0.75 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_end.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_end.yaml index 56693ec470a..8ef837199b8 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_end.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_end.yaml @@ -5,5 +5,7 @@ metadata: reference: - title: Instructions for Form IT-216 href: https://www.tax.ny.gov/pdf/current_forms/it/it216i.pdf#page=7 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 values: 2022-01-01: 30_000 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_start.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_start.yaml index f4bcdde1e61..e72ef19393c 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_start.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/cdcc/phaseout_start.yaml @@ -5,5 +5,7 @@ metadata: reference: - title: Instructions for Form IT-216 href: https://www.tax.ny.gov/pdf/current_forms/it/it216i.pdf#page=7 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 values: 2022-01-01: 25_000 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent.yaml index f673d51b5f8..73c7f59f599 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent.yaml @@ -11,6 +11,10 @@ metadata: href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13608 - title: NYC EITC Form IT-215 href: https://www.tax.ny.gov/pdf/current_forms/it/it215_fill_in.pdf + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=29 + - title: New York City Credits + href: https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm brackets: - threshold: 2022-01-01: 0 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent_reduction.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent_reduction.yaml index ca83f683540..11887c3c2e9 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent_reduction.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/percent_reduction.yaml @@ -9,5 +9,9 @@ metadata: href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13608 - title: NYC EITC Form IT-215 href: https://www.tax.ny.gov/pdf/current_forms/it/it215_fill_in.pdf + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=29 + - title: New York City Credits + href: https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm values: 2022-01-01: 0.00002 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/reduction_threshold.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/reduction_threshold.yaml index d3798759f38..a24c7f292a3 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/reduction_threshold.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/eitc/reduction_threshold.yaml @@ -11,6 +11,10 @@ metadata: href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13608 - title: NYC EITC Form IT-215 href: https://www.tax.ny.gov/pdf/current_forms/it/it215_fill_in.pdf + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=29 + - title: New York City Credits + href: https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm brackets: - threshold: 2022-01-01: 0 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/flat_amount.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/flat_amount.yaml index 0fe31216925..e77d09a0274 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/flat_amount.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/flat_amount.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=18 - title: Instructions for Form IT-201, 2024 Line 48 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=14 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 brackets: - threshold: 2022-01-01: -1 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/other_per_dependent.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/other_per_dependent.yaml index b0dce0a6e3a..9f22a51f9cf 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/other_per_dependent.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/other_per_dependent.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=18 - title: Instructions for Form IT-201, 2024 Line 48 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=14 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 brackets: - threshold: 2022-01-01: -1 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/separate_per_dependent.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/separate_per_dependent.yaml index 194321c75fb..f73d7830524 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/separate_per_dependent.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/household/separate_per_dependent.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=19 - title: Instructions for Form IT-201, 2024 Line 48 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=14 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 brackets: - threshold: 2022-01-01: -1 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/non_refundable.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/non_refundable.yaml index 5fe6f1ce906..adccc4e9d1d 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/non_refundable.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/non_refundable.yaml @@ -6,3 +6,6 @@ values: metadata: unit: list label: NYC non-refundable tax credits + reference: + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/refundable.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/refundable.yaml index 17eae4be759..130cf3aa7d9 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/refundable.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/refundable.yaml @@ -7,3 +7,6 @@ values: metadata: unit: list label: NYC refundable tax credits + reference: + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/amount.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/amount.yaml index 3c2c0134db3..5af3a2fb510 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/amount.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/amount.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=27 - title: Instructions for Form IT-201, 2024 Line 69 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 breakdown: - filing_status SINGLE: diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/income_limit.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/income_limit.yaml index e33f7d7a773..fbe0b59ee38 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/income_limit.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/fixed/income_limit.yaml @@ -9,5 +9,7 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=28 - title: Instructions for Form IT-201, 2024 Line 69 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=20 values: 2022-01-01: 250_000 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/head_of_household.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/head_of_household.yaml index bff78b5291e..fce84636c54 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/head_of_household.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/head_of_household.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=21 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 brackets: - rate: 2022-01-01: 0.00171 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/joint.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/joint.yaml index 215635d33fc..b553dab669b 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/joint.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/joint.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=21 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 brackets: - rate: 2022-01-01: 0.00171 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/separate.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/separate.yaml index dd1ad872eb2..bbed06d7245 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/separate.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/separate.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=21 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 brackets: - rate: 2022-01-01: 0.00171 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/single.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/single.yaml index e88069b7b60..a3320f04412 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/single.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/single.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=21 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 brackets: - rate: 2022-01-01: 0.00171 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/surviving_spouse.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/surviving_spouse.yaml index 0eecb217962..49984acc3fd 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/amount/surviving_spouse.yaml @@ -11,6 +11,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=21 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 brackets: - rate: 2022-01-01: 0.00171 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/income_limit.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/income_limit.yaml index a4d38c4cef5..6fadf62b77b 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/income_limit.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/credits/school/rate_reduction/income_limit.yaml @@ -9,5 +9,7 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=29 - title: Instructions for Form IT-201, 2024 Line 69a href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 values: 2022-01-01: 500_000 diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/head_of_household.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/head_of_household.yaml index 0f6d50a4de1..1e9c7119931 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/head_of_household.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/head_of_household.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=52 - title: NY Form IT-201 Instructions, 2024 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=40 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=40 - title: The New York City Administrative Code § 11-1701 Imposition of tax. href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13463 brackets: diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/joint.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/joint.yaml index e9bedd2acfa..1858ea9d466 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/joint.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/joint.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=52 - title: NY Form IT-201 Instructions, 2024 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=40 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=40 # Tax forms combine the tax rates provided in 11-1701 with those in 11-1704.1, # a 14% additional tax. We cite the combined rates in the tax forms. - title: The New York City Administrative Code § 11-1701 Imposition of tax. diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/separate.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/separate.yaml index 4ca7f85f67d..b030d31169e 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/separate.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/separate.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=52 - title: NY Form IT-201 Instructions, 2024 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=40 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=40 - title: The New York City Administrative Code § 11-1701 Imposition of tax. href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13463 brackets: diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/single.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/single.yaml index 6efb2cedbc1..f6aef21d06d 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/single.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/single.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=52 - title: NY Form IT-201 Instructions, 2024 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=40 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=40 - title: The New York City Administrative Code § 11-1701 Imposition of tax. href: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13463 brackets: diff --git a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/surviving_spouse.yaml b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/surviving_spouse.yaml index 8e79eb5fcbe..244d5059107 100644 --- a/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/local/ny/nyc/tax/income/rates/surviving_spouse.yaml @@ -9,6 +9,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=52 - title: NY Form IT-201 Instructions, 2024 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=40 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=40 # Tax forms combine the tax rates provided in 11-1701 with those in 11-1704.1, # a 14% additional tax. We cite the combined rates in the tax forms. - title: The New York City Administrative Code § 11-1701 Imposition of tax. diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/cap.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/cap.yaml index 5217696ca88..cbd5fceca2e 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/cap.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/cap.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=9 - title: N.Y. Comp. Codes R. & Regs. tit. 20 § 112.3 href: https://casetext.com/regulation/new-york-codes-rules-and-regulations/title-20-department-of-taxation-and-finance/chapter-ii-income-taxes-and-estate-taxes/subchapter-a-new-york-state-personal-income-tax-under-article-22-of-the-tax-law/article-2-residents/part-112-new-york-adjusted-gross-income-of-a-resident-individual/section-1123-modifications-reducing-federal-adjusted-gross-income + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=10 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/min_age.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/min_age.yaml index 472e7a1fc08..3373708dadd 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/min_age.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/agi/subtractions/pension_exclusion/min_age.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=9 - title: N.Y. Comp. Codes R. & Regs. tit. 20 § 112.3 href: https://casetext.com/regulation/new-york-codes-rules-and-regulations/title-20-department-of-taxation-and-finance/chapter-ii-income-taxes-and-estate-taxes/subchapter-a-new-york-state-personal-income-tax-under-article-22-of-the-tax-law/article-2-residents/part-112-new-york-adjusted-gross-income-of-a-resident-individual/section-1123-modifications-reducing-federal-adjusted-gross-income + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=10 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/college_tuition/cap.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/college_tuition/cap.yaml index 92eec932fc2..affb32afeda 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/college_tuition/cap.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/college_tuition/cap.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=30 - title: NY Form IT-272 Part 1 href: https://www.tax.ny.gov/pdf/current_forms/it/it272_fill_in.pdf#page=1 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/max.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/max.yaml index acf2607a35d..d4e794958b7 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/max.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/max.yaml @@ -34,3 +34,5 @@ metadata: href: https://www.nysenate.gov/legislation/laws/TAX/606 - title: New York Form IT-216 href: https://www.tax.ny.gov/pdf/current_forms/it/it216_fill_in.pdf + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/base_percentage.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/base_percentage.yaml index 2067f3c6276..ab2065991cf 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/base_percentage.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/base_percentage.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/denominator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/denominator.yaml index f1220f90aa5..3ce2ccb2d5b 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/denominator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/denominator.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/min.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/min.yaml index 6a2a4e187f0..5ce30a42a2f 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/min.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/min.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/top.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/top.yaml index 14c33bbfbcd..53044bcef4c 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/top.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/fraction/numerator/top.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/max_agi.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/max_agi.yaml index f983e852e56..8ca36b7f450 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/max_agi.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/max_agi.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/multiplier.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/multiplier.yaml index 0c8868ca860..9d7d93a1703 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/multiplier.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/alternate/multiplier.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/base_percentage.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/base_percentage.yaml index 80c6ac5e0b5..003ba94e478 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/base_percentage.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/base_percentage.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/denominator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/denominator.yaml index 86d2d9b77c1..0ccb55f1ca7 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/denominator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/denominator.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/min.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/min.yaml index 6c8366320a7..1fcb1cdb456 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/min.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/min.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/top.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/top.yaml index a261e6a0699..502eb7eed05 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/top.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/fraction/numerator/top.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/multiplier.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/multiplier.yaml index 675a3d03c70..87a0a83ec46 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/multiplier.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/main/multiplier.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/multiplier.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/multiplier.yaml index 42cc124e64c..d62dd41c7c7 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/multiplier.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/cdcc/percentage/multiplier.yaml @@ -36,3 +36,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: Section 606 Credits against tax (c)(1-a) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/applicable_percentage.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/applicable_percentage.yaml index 00f3e0375eb..f0786ba31f2 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/applicable_percentage.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/applicable_percentage.yaml @@ -15,3 +15,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: NY Form IT-272 Part 1 href: https://www.tax.ny.gov/pdf/current_forms/it/it272_fill_in.pdf#page=1 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/rate.yaml index 82d4b199f19..52a4220eccf 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/college_tuition/rate.yaml @@ -25,3 +25,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Form IT-272 Part 2 & Part 3 href: https://www.tax.ny.gov/pdf/current_forms/it/it272_fill_in.pdf#page=2 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/amount.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/amount.yaml index 065c5cc7acb..7822c7fd169 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/amount.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/amount.yaml @@ -12,6 +12,8 @@ metadata: href: https://www.tax.ny.gov/pit/child-earned-payments.htm - title: Consolidated Laws of New York, Cahpter 60, Tax Article 22 Personal Income Tax, Section 606 Credits against tax (c-1)(4)(A) / (c-1)(5)(A) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 brackets: - threshold: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/min_credit_value.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/min_credit_value.yaml index 070924cde0b..2bb3a2f3b6f 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/min_credit_value.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/additional/min_credit_value.yaml @@ -8,3 +8,5 @@ metadata: reference: - title: Consolidated Laws of New York, Cahpter 60, Tax Article 22 Personal Income Tax, Section 606 Credits against tax (c-1)(4)(A) / (c-1)(5)(A) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/minimum.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/minimum.yaml index 02fa5f9e4a0..6b14eac7477 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/minimum.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/minimum.yaml @@ -14,3 +14,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it213i-2023.pdf#page=1 - title: New York Form IT-213 href: https://www.tax.ny.gov/pdf/current_forms/it/it213_fill_in.pdf#page=2 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/percent.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/percent.yaml index e7c0d164349..fdf1ef46ad4 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/percent.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/amount/percent.yaml @@ -14,3 +14,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it213i-2023.pdf#page=1 - title: New York Form IT-213 href: https://www.tax.ny.gov/pdf/current_forms/it/it213_fill_in.pdf#page=2 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/minimum_age.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/minimum_age.yaml index 36c92c492e5..e27e14f16d8 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/minimum_age.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/minimum_age.yaml @@ -15,3 +15,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it213i-2023.pdf#page=1 - title: Empire State child credit | New for 2023 href: https://www.tax.ny.gov/pit/credits/empire_state_child_credit.htm + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/amount.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/amount.yaml index 598151a2061..e5aa37b7080 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/amount.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/amount.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Senate Bill S.3009-C, Part C, Section 2, Tax Law Section 606(c-1)(1-a) href: https://assembly.state.ny.us/leg/?Text=Y&bn=S3009&default_fld=&leg_video=&term=2025 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 brackets: - threshold: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/in_effect.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/in_effect.yaml index d08371ed7e3..8f0d074847e 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/in_effect.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/in_effect.yaml @@ -10,3 +10,5 @@ metadata: reference: - title: New York Senate Bill S.3009-C, Empire State Child Credit updates href: https://assembly.state.ny.us/leg/?Text=Y&bn=S3009&default_fld=&leg_video=&term=2025 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/increment.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/increment.yaml index dddce3df93d..3cb0676757c 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/increment.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/increment.yaml @@ -10,3 +10,5 @@ metadata: reference: - title: New York Senate Bill S.3009-C, Part C, Section 2, Tax Law Section 606(c-1)(1-a)(C) href: https://assembly.state.ny.us/leg/?Text=Y&bn=S3009&default_fld=&leg_video=&term=2025 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/rate.yaml index 362243d8c16..330316f9f58 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/rate.yaml @@ -10,3 +10,5 @@ metadata: reference: - title: New York Senate Bill S.3009-C, Part C, Section 2, Tax Law Section 606(c-1)(1-a)(C) href: https://assembly.state.ny.us/leg/?Text=Y&bn=S3009&default_fld=&leg_video=&term=2025 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/threshold.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/threshold.yaml index edac7852c18..7a2fe3dc01a 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/threshold.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/post_2024/phase_out/threshold.yaml @@ -28,3 +28,5 @@ metadata: reference: - title: New York Senate Bill S.3009-C, Part C, Section 2, Tax Law Section 606(c-1)(1-a)(C) href: https://assembly.state.ny.us/leg/?Text=Y&bn=S3009&default_fld=&leg_video=&term=2025 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=26 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/pre_tcja.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/pre_tcja.yaml index 38a9133c796..2a98d7a6664 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/pre_tcja.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/ctc/pre_tcja.yaml @@ -11,3 +11,5 @@ metadata: href: https://www.nysenate.gov/legislation/laws/TAX/606 - title: New York Instructions for Form IT-201 Line 63 href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=25 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/match.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/match.yaml index 8c0b5598303..de6a02dfb58 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/match.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/match.yaml @@ -18,3 +18,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Form IT-215 Line 11 href: https://www.tax.ny.gov/pdf/current_forms/it/it215_fill_in.pdf#page=1 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/supplemental_match.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/supplemental_match.yaml index 76774412319..d614ea4bfd5 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/supplemental_match.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/eitc/supplemental_match.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.nysenate.gov/legislation/laws/TAX/606 # (d)(8) - title: New York Instructions for Form IT-201 Line 65 href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml index 736669620ba..9f55f05cf70 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml @@ -13,3 +13,4 @@ metadata: values: 2022-01-01: 5_000 + 2025-07-01: 10_000 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/rate.yaml index abacf6c78b5..6b697de416c 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/geothermal_energy_system/rate.yaml @@ -10,6 +10,8 @@ metadata: href: https://www.tax.ny.gov/pit/credits/geothermal-energy-system-credit.htm - title: 2024 Instructions for Form IT-267 href: https://www.tax.ny.gov/pdf/2024/inc/it267i_2024.pdf#page=1 + - title: 2025 Geothermal energy system credit + href: https://www.tax.ny.gov/pit/credits/geothermal-energy-system-credit.htm values: 2022-01-01: 0.25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/additional.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/additional.yaml index ed447d09ee3..1f3f06c6e85 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/additional.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/additional.yaml @@ -12,6 +12,8 @@ metadata: href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 - title: Section 606 Credits against tax (b)(2)(B) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 brackets: - threshold: 1986-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/base.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/base.yaml index 31e9e9e893b..72f10f3ef27 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/base.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/non_single/base.yaml @@ -12,6 +12,8 @@ metadata: href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 - title: Section 606 Credits against tax (b)(2)(B) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 brackets: - threshold: 1986-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/single.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/single.yaml index acbfefcf947..30ad0f48d33 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/single.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/household_credit/single.yaml @@ -8,10 +8,10 @@ metadata: reference: - title: New York Instructions for Form IT-201 Line 40 href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=15 - - title: Instructions for Form IT-201 - href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 - title: Section 606 Credits against tax (b)(2)(A) href: https://www.nysenate.gov/legislation/laws/TAX/606 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=12 brackets: - threshold: 1986-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/head_of_household.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/head_of_household.yaml index 032602bb941..8696614ef3e 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/head_of_household.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Tax Law § 606(qqq)(3)(b) – Inflation refund credit href: https://www.nysenate.gov/legislation/laws/TAX/606#QQQ + - title: 2025 NYS inflation refund checks + href: https://www.tax.ny.gov/pit/inflation-refund-checks.htm brackets: - threshold: 2025-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/joint.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/joint.yaml index 50e4af02f33..d047036865b 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/joint.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/joint.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Tax Law § 606(qqq)(3)(a) – Inflation refund credit href: https://www.nysenate.gov/legislation/laws/TAX/606#QQQ + - title: 2025 NYS inflation refund checks + href: https://www.tax.ny.gov/pit/inflation-refund-checks.htm brackets: - threshold: 2025-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/separate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/separate.yaml index a19fc5b24cc..c5eb280454f 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/separate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/separate.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Tax Law § 606(qqq)(3)(b) – Inflation refund credit href: https://www.nysenate.gov/legislation/laws/TAX/606#QQQ + - title: 2025 NYS inflation refund checks + href: https://www.tax.ny.gov/pit/inflation-refund-checks.htm brackets: - threshold: 2025-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/single.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/single.yaml index 524d621d488..0c3ac0b9b7a 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/single.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/single.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Tax Law § 606(qqq)(3)(b) – Inflation refund credit href: https://www.nysenate.gov/legislation/laws/TAX/606#QQQ + - title: 2025 NYS inflation refund checks + href: https://www.tax.ny.gov/pit/inflation-refund-checks.htm brackets: - threshold: 2025-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/surviving_spouse.yaml index 45728338c4d..517191b6cd9 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/inflation_refund/surviving_spouse.yaml @@ -8,6 +8,8 @@ metadata: reference: - title: New York Tax Law § 606(qqq)(3)(a) – Inflation refund credit href: https://www.nysenate.gov/legislation/laws/TAX/606#QQQ + - title: 2025 NYS inflation refund checks + href: https://www.tax.ny.gov/pit/inflation-refund-checks.htm brackets: - threshold: 2025-01-01: -.inf diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/elderly_age.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/elderly_age.yaml index f6a968c6121..6f0e3eb26dc 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/elderly_age.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/elderly_age.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 7 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=2 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/excess_real_property_tax.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/excess_real_property_tax.yaml index 91f8afe755c..b71384bff94 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/excess_real_property_tax.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/excess_real_property_tax.yaml @@ -41,3 +41,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 17 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=2 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_agi.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_agi.yaml index ee0f8c05d4e..47a4591fc39 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_agi.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_agi.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 32 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=3 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_property_value.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_property_value.yaml index 25b7c38b45a..7cb3012bcbc 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_property_value.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_property_value.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=1 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_rent.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_rent.yaml index bdc676e514b..1795cf42a61 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_rent.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/max_rent.yaml @@ -10,3 +10,5 @@ metadata: href: https://www.nysenate.gov/legislation/laws/TAX/606 - title: New York Instructions for Form IT-201 Line 67 href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/elderly.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/elderly.yaml index 42c2c643503..865e11d0885 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/elderly.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/elderly.yaml @@ -86,3 +86,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 32 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=3 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/non_elderly.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/non_elderly.yaml index 02e55d06be4..a9c31ef9e80 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/non_elderly.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/maximum/non_elderly.yaml @@ -87,3 +87,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 32 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=3 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rate.yaml index 836ea4ff510..e6f7eff0ba4 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rate.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 26 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=3 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rent_tax_equivalent.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rent_tax_equivalent.yaml index c9451516d17..a5d4a8d39c7 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rent_tax_equivalent.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/real_property_tax/rent_tax_equivalent.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=26 - title: New York Instructions for Form IT-214 Line 26 href: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf#page=3 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=27 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/cap.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/cap.yaml index 7abd83a3b21..5453958a372 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/cap.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/cap.yaml @@ -4,12 +4,14 @@ metadata: period: year label: New York solar energy systems equipment credit cap reference: - - title: New York State Law §606(g)(2)(C)(9)(g-1) + - title: New York State Law §606(g)(2)(C)(9)(g-1) href: https://www.nysenate.gov/legislation/laws/TAX/606 - title: New York State Department of Taxation and Finance, Solar energy system equipment credit href: https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm - title: New York Form IT-255 href: https://www.tax.ny.gov/pdf/current_forms/it/it255_fill_in.pdf + - title: 2025 Solar energy system equipment credit + href: https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm values: 2006-01-01: 3_750 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/rate.yaml index 3ed3861fa7e..080d45b4511 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/credits/solar_energy_systems_equipment/rate.yaml @@ -4,12 +4,14 @@ metadata: period: year label: New York solar energy systems equipment credit rate reference: - - title: New York State Law §606(g)(2)(C)(9)(g-1) + - title: New York State Law §606(g)(2)(C)(9)(g-1) href: https://www.nysenate.gov/legislation/laws/TAX/606 - title: New York State Department of Taxation and Finance, Solar energy system equipment credit href: https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm - title: New York Form IT-255 href: https://www.tax.ny.gov/pdf/current_forms/it/it255_fill_in.pdf + - title: 2025 Solar energy system equipment credit + href: https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm values: 2006-01-01: 0.25 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/college_tuition/applicable_percentage.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/college_tuition/applicable_percentage.yaml index c61a6dbec8b..922c8f509dc 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/college_tuition/applicable_percentage.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/college_tuition/applicable_percentage.yaml @@ -11,3 +11,5 @@ metadata: reference: - title: Section 615 Credits against tax (d)(4) href: https://www.nysenate.gov/legislation/laws/TAX/615 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=14 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/phase_out/start.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/phase_out/start.yaml index 70033b8078a..93e3a976130 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/phase_out/start.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/phase_out/start.yaml @@ -59,12 +59,14 @@ metadata: period: year label: New York itemized deduction AGI phase out threshold reference: - # New York continued to increase the federal applicable amount with inflation + # New York continued to increase the federal applicable amount with inflation - title: 26 U.S. Code § 68 - Overall limitation on itemized deductions (b)(1) - href: https://www.law.cornell.edu/uscode/text/26/68#b_1 + href: https://www.law.cornell.edu/uscode/text/26/68#b_1 - title: 2021 NY Form IT-196 Instructions Line 40 href: https://www.tax.ny.gov/pdf/2021/inc/it196i_2021.pdf#page=18 - title: 2022 NY Form IT-196 Instructions Line 40 href: https://www.tax.ny.gov/pdf/2022/inc/it196i_2022.pdf#page=18 - title: 2023 NY Form IT-196 Instructions Line 40 href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=25 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=14 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/charitable_deduction_rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/charitable_deduction_rate.yaml index c4979a792ab..cd74c98d81c 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/charitable_deduction_rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/charitable_deduction_rate.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 brackets: - threshold: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/denominator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/denominator.yaml index 6233ca192e9..a4472761ad2 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/denominator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/denominator.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/income_threshold.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/income_threshold.yaml index 18443cd4273..0360f4cf718 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/income_threshold.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/income_threshold.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2021/inc/it196i_2021.pdf#page=20 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/numerator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/numerator.yaml index e657c981b0f..7b7124ebea5 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/numerator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/numerator.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/rate.yaml index 5073f00bd4a..aaa49a69c31 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/higher/rate.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/denominator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/denominator.yaml index 4368aaf7066..74504df5cfa 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/denominator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/denominator.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/income_threshold.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/income_threshold.yaml index f54e65e5bfb..a7395303731 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/income_threshold.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/income_threshold.yaml @@ -30,3 +30,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/numerator.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/numerator.yaml index 8abc7d4a945..5632430f961 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/numerator.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/numerator.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/rate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/rate.yaml index 59336c9e45e..74e3fa6dca6 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/rate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/itemized/reduction/incremental/lower/rate.yaml @@ -16,3 +16,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it196i-2023.pdf#page=29 - title: 2024 NY Form IT-196 Instructions Line 46 href: https://www.tax.ny.gov/pdf/2024/inc/it196i_2024.pdf#page=20 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=15 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/amount.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/amount.yaml index a09bc461cdd..0199e1804a4 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/amount.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/amount.yaml @@ -22,3 +22,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=14 - title: 2024 NY Form IT-201 Instructions Line 34 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=11 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=11 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/dependent_elsewhere.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/dependent_elsewhere.yaml index 99008f5c8be..16fa3469e57 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/dependent_elsewhere.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/deductions/standard/dependent_elsewhere.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=14 - title: 2024 NY Form IT-201 Instructions Line 34 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=11 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=11 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/exemptions/dependent.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/exemptions/dependent.yaml index e923cc5c08e..a51007028ad 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/exemptions/dependent.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/exemptions/dependent.yaml @@ -12,5 +12,7 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=15 - title: 2024 NY Form IT-201 Instructions Line 36 href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=11 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=11 - title: Section 616 New York exemptions of a resident individual (a) href: https://www.nysenate.gov/legislation/laws/TAX/616 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/main/head_of_household.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/main/head_of_household.yaml index fe212eddbb5..1adef18f058 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/main/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/main/head_of_household.yaml @@ -14,6 +14,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=33 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=33 - title: Section 601 Imposition of tax (b)(1)(B), (IV) for 2021, (V) for 2022, and (VI) for 2023 href: https://www.nysenate.gov/legislation/laws/TAX/601 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/main/joint.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/main/joint.yaml index 888d81895e0..9c1fec515bf 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/main/joint.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/main/joint.yaml @@ -14,6 +14,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=45 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=33 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=33 - title: Section 601 Imposition of tax (a)(1)(B), (IV) for 2021, (V) for 2022, and (VI) for 2023 href: https://www.nysenate.gov/legislation/laws/TAX/601 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/main/separate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/main/separate.yaml index bb096375e0d..114ee21ed6a 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/main/separate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/main/separate.yaml @@ -14,6 +14,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=45 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=33 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=33 - title: Section 601 Imposition of tax (c)(1)(B), (IV) for 2021, (V) for 2022, and (VI) for 2023 href: https://www.nysenate.gov/legislation/laws/TAX/601 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/main/single.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/main/single.yaml index eefadf6c124..07403a86ce9 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/main/single.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/main/single.yaml @@ -14,6 +14,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=45 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=33 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=33 - title: Section 601 Imposition of tax (c)(1)(B), (IV) for 2021, (V) for 2022, and (VI) for 2023 href: https://www.nysenate.gov/legislation/laws/TAX/601 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/main/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/main/surviving_spouse.yaml index 112f4d18444..e643e628c41 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/main/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/main/surviving_spouse.yaml @@ -14,6 +14,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=45 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=33 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=33 - title: Section 601 Imposition of tax (a)(1)(B), (IV) for 2021, (V) for 2022, and (VI) for 2023 href: https://www.nysenate.gov/legislation/laws/TAX/601 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/head_of_household.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/head_of_household.yaml index f800fc177e5..04e6a363cf6 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/head_of_household.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=50 - title: 2024 NY Form IT-201 Instructions - Head of Household href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=38 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=39 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/joint.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/joint.yaml index 08dd2dafdd9..489ce53f14b 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/joint.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/joint.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions - Married filing jointly and qualifying surviving spouse href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=11 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/separate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/separate.yaml index 265664c9637..63a14b7bda8 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/separate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/separate.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=48 - title: 2024 NY Form IT-201 Instructions - Single and married filing separately href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=36 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=37 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/single.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/single.yaml index 5a0f90fd2ee..4f49febadcc 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/single.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/single.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=48 - title: 2024 NY Form IT-201 Instructions - Single and married filing separately href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=36 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=37 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/surviving_spouse.yaml index fdb8b540ae5..53954f1f76c 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/incremental_benefit/surviving_spouse.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions - Married filing jointly and qualifying surviving spouse href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=11 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/min_agi.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/min_agi.yaml index f0796b42d99..80e97b1ea69 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/min_agi.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/min_agi.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/phase_in_length.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/phase_in_length.yaml index c03fd900549..75031803571 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/phase_in_length.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/phase_in_length.yaml @@ -12,3 +12,5 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/head_of_household.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/head_of_household.yaml index 040b2f04e60..5877e190a96 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/head_of_household.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=50 - title: 2024 NY Form IT-201 Instructions - Head of Household href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=38 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=39 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/joint.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/joint.yaml index d114e14b2e0..501c3a952ff 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/joint.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/joint.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions - Married filing jointly and qualifying surviving spouse href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/separate.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/separate.yaml index 0c8139280fc..ed7491f4ca8 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/separate.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/separate.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=48 - title: 2024 NY Form IT-201 Instructions - Single and married filing separately href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=36 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=37 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/single.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/single.yaml index a626d2ca635..1f58230e6a2 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/single.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/single.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=48 - title: 2024 NY Form IT-201 Instructions - Single and married filing separately href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=36 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=37 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/surviving_spouse.yaml index 5ed8349f1ad..86fcd7d8c98 100644 --- a/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ny/tax/income/supplemental/recapture_base/surviving_spouse.yaml @@ -16,6 +16,8 @@ metadata: href: https://www.tax.ny.gov/pdf/2023/printable-pdfs/inc/it201i-2023.pdf#page=46 - title: 2024 NY Form IT-201 Instructions - Married filing jointly and qualifying surviving spouse href: https://www.tax.ny.gov/pdf/2024/inc/it201i_2024.pdf#page=34 + - title: 2025 Form IT-201-I Instructions + href: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=35 - title: New York FY2026 Budget Agreement (Senate Bill S3009C) href: https://legislation.nysenate.gov/pdf/bills/2025/S3009C#page=12 brackets: diff --git a/policyengine_us/tests/policy/baseline/gov/states/ny/tax/income/integration.yaml b/policyengine_us/tests/policy/baseline/gov/states/ny/tax/income/integration.yaml new file mode 100644 index 00000000000..f8b2a16af15 --- /dev/null +++ b/policyengine_us/tests/policy/baseline/gov/states/ny/tax/income/integration.yaml @@ -0,0 +1,378 @@ +# NY 2025 Income Tax Integration Tests +# Tests verify 2025 tax calculations work correctly with updated parameters +# Reference: https://www.tax.ny.gov/forms/html-instructions/2025/it/it201i-2025.htm + +- name: Case 1, single filer standard case. + # Single filer with $50,000 wages + # Verify standard deduction, taxable income, and main tax calculation + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 40 + employment_income: 50_000 + tax_units: + tax_unit: + members: [person1] + filing_status: SINGLE + households: + household: + members: [person1] + state_code: NY + output: + # NY AGI equals federal AGI for simple wage income + ny_agi: 50_000 + + # Standard deduction for single filer = $8,000 + ny_standard_deduction: 8_000 + + # No dependents = $0 exemptions + ny_exemptions: 0 + + # Taxable income = AGI - deductions - exemptions + # $50,000 - $8,000 - $0 = $42,000 + ny_taxable_income: 42_000 + + # Main tax calculation (2025 single brackets): + # $0-$8,500: $8,500 * 4% = $340 + # $8,500-$11,700: $3,200 * 4.5% = $144 + # $11,700-$13,900: $2,200 * 5.25% = $115.50 + # $13,900-$42,000: $28,100 * 5.5% = $1,545.50 + # Total = $340 + $144 + $115.50 + $1,545.50 = $2,145 + ny_main_income_tax: 2_145 + + # AGI ($50,000) < $107,650, no supplemental tax applies + ny_supplemental_tax: 0 + + # Tax before credits = main tax + supplemental tax + ny_income_tax_before_credits: 2_145 + +- name: Case 2, joint filer with two dependents. + # Joint filer with $80,000 wages and 2 child dependents + # Verify joint standard deduction and dependent exemptions + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 35 + employment_income: 80_000 + is_tax_unit_head: true + person2: + age: 33 + is_tax_unit_spouse: true + person3: + age: 10 + is_tax_unit_dependent: true + person4: + age: 7 + is_tax_unit_dependent: true + tax_units: + tax_unit: + members: [person1, person2, person3, person4] + filing_status: JOINT + households: + household: + members: [person1, person2, person3, person4] + state_code: NY + output: + # NY AGI equals federal AGI + ny_agi: 80_000 + + # Joint standard deduction = $16,050 + ny_standard_deduction: 16_050 + + # 2 child dependents * $1,000 = $2,000 exemptions + ny_exemptions: 2_000 + + # Taxable income = $80,000 - $16,050 - $2,000 = $61,950 + ny_taxable_income: 61_950 + + # Main tax calculation (2025 joint brackets): + # $0-$17,150: $17,150 * 4% = $686 + # $17,150-$23,600: $6,450 * 4.5% = $290.25 + # $23,600-$27,900: $4,300 * 5.25% = $225.75 + # $27,900-$61,950: $34,050 * 5.5% = $1,872.75 + # Total = $686 + $290.25 + $225.75 + $1,872.75 = $3,074.75 + ny_main_income_tax: 3_074.75 + + # AGI ($80,000) < $107,650, no supplemental tax + ny_supplemental_tax: 0 + + ny_income_tax_before_credits: 3_074.75 + +- name: Case 3, high income triggers supplemental tax. + # Single filer with $200,000 wages + # Income above $107,650 threshold triggers supplemental tax calculation + period: 2025 + absolute_error_margin: 0.5 + input: + people: + person1: + age: 45 + employment_income: 200_000 + tax_units: + tax_unit: + members: [person1] + filing_status: SINGLE + households: + household: + members: [person1] + state_code: NY + output: + ny_agi: 200_000 + + # Single standard deduction = $8,000 + ny_standard_deduction: 8_000 + + # Taxable income = $200,000 - $8,000 = $192,000 + ny_taxable_income: 192_000 + + # Main tax calculation (2025 single brackets): + # $0-$8,500: $8,500 * 4% = $340 + # $8,500-$11,700: $3,200 * 4.5% = $144 + # $11,700-$13,900: $2,200 * 5.25% = $115.50 + # $13,900-$80,650: $66,750 * 5.5% = $3,671.25 + # $80,650-$192,000: $111,350 * 6% = $6,681 + # Total = $340 + $144 + $115.50 + $3,671.25 + $6,681 = $10,951.75 + ny_main_income_tax: 10_951.75 + + # AGI ($200,000) > $107,650, supplemental tax applies + # Supplemental tax uses phase-in fraction based on income above threshold + # Phase-in calculation: (AGI - $107,650) / $50,000 = 0.9247 + # Applied to recapture base and incremental benefit + ny_supplemental_tax: 568 + + # Total before credits = $10,951.75 + $568 = $11,519.75 + ny_income_tax_before_credits: 11_519.75 + +- name: Case 4, head of household with dependent. + # Head of household with one child + # Verify HOH standard deduction + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 38 + employment_income: 60_000 + is_tax_unit_head: true + person2: + age: 12 + is_tax_unit_dependent: true + tax_units: + tax_unit: + members: [person1, person2] + filing_status: HEAD_OF_HOUSEHOLD + households: + household: + members: [person1, person2] + state_code: NY + output: + ny_agi: 60_000 + + # HOH standard deduction = $11,200 + ny_standard_deduction: 11_200 + + # 1 child dependent * $1,000 = $1,000 + ny_exemptions: 1_000 + + # Taxable income = $60,000 - $11,200 - $1,000 = $47,800 + ny_taxable_income: 47_800 + + # Main tax (2025 HOH brackets): + # $0-$12,800: $12,800 * 4% = $512 + # $12,800-$17,650: $4,850 * 4.5% = $218.25 + # $17,650-$20,900: $3,250 * 5.25% = $170.625 + # $20,900-$47,800: $26,900 * 5.5% = $1,479.50 + # Total = $512 + $218.25 + $170.625 + $1,479.50 = $2,380.375 + ny_main_income_tax: 2_380.375 + + # AGI ($60,000) < $107,650, no supplemental tax + ny_supplemental_tax: 0 + +- name: Case 5, Empire State CTC 2025 with children ages 2 and 8. + # Family with young child (under 4) and older child (4-16) + # Child age 2: $1,000 credit + # Child age 8: $330 credit (ages 4-16 in 2025) + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 35 + employment_income: 50_000 + is_tax_unit_head: true + person2: + age: 2 + is_tax_unit_dependent: true + person3: + age: 8 + is_tax_unit_dependent: true + tax_units: + tax_unit: + members: [person1, person2, person3] + adjusted_gross_income: 50_000 + filing_status: SINGLE + households: + household: + members: [person1, person2, person3] + state_code: NY + output: + # Base credit: $1,000 (child under 4) + $330 (child 4-16) = $1,330 + ny_ctc_post_2024_base: 1_330 + + # AGI ($50,000) < $75,000 threshold for single filer + # No phase-out applies + ny_ctc_post_2024_phase_out: 0 + + # Total CTC = base - phase_out = $1,330 - $0 = $1,330 + ny_ctc_post_2024: 1_330 + +- name: Case 6, Empire State CTC 2025 with phase-out. + # Family above income threshold for phase-out + # Tests phase-out calculation + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 35 + employment_income: 90_000 + is_tax_unit_head: true + person2: + age: 2 + is_tax_unit_dependent: true + tax_units: + tax_unit: + members: [person1, person2] + adjusted_gross_income: 90_000 + filing_status: SINGLE + households: + household: + members: [person1, person2] + state_code: NY + output: + # Base credit: $1,000 (child under 4) + ny_ctc_post_2024_base: 1_000 + + # AGI ($90,000) exceeds $75,000 threshold by $15,000 + # Phase-out: $16.50 per $1,000 = 15 * $16.50 = $247.50 + ny_ctc_post_2024_phase_out: 247.5 + + # Total CTC = $1,000 - $247.50 = $752.50 + ny_ctc_post_2024: 752.5 + +- name: Case 7, geothermal credit 2025 under cap. + # Test geothermal credit with annual period 2025 + # Annual period uses start-of-year cap of $5,000 + # $15,000 expenditures * 25% = $3,750 (under $5,000 cap) + period: 2025 + input: + people: + person1: + age: 45 + tax_units: + tax_unit: + members: [person1] + ny_qualified_geothermal_energy_system_expenditures: 15_000 + households: + household: + members: [person1] + state_code: NY + output: + # Credit = $15,000 * 25% = $3,750 + # Cap is $5,000 before July 1, 2025 and $10,000 after + # Since this is annual period covering full year, + # credit calculation uses applicable parameters + ny_geothermal_energy_system_credit: 3_750 + +- name: Case 8, geothermal credit 2025 at cap. + # Test geothermal credit with high expenditures hitting cap + # $50,000 expenditures * 25% = $12,500 but capped + period: 2025 + input: + people: + person1: + age: 45 + tax_units: + tax_unit: + members: [person1] + ny_qualified_geothermal_energy_system_expenditures: 50_000 + households: + household: + members: [person1] + state_code: NY + output: + # Credit = min($50,000 * 25%, cap) = min($12,500, $5,000) = $5,000 + # Note: Annual period 2025 uses start-of-year cap ($5,000) + # The $10,000 cap applies for systems placed in service on/after July 1, 2025 + ny_geothermal_energy_system_credit: 5_000 + +- name: Case 9, joint filer with high income CTC phase-out. + # Joint filers have $110,000 threshold + # Tests higher phase-out threshold for joint filers + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 35 + is_tax_unit_head: true + person2: + age: 33 + is_tax_unit_spouse: true + person3: + age: 3 + is_tax_unit_dependent: true + tax_units: + tax_unit: + members: [person1, person2, person3] + adjusted_gross_income: 130_000 + filing_status: JOINT + households: + household: + members: [person1, person2, person3] + state_code: NY + output: + # Base credit: $1,000 (child under 4) + ny_ctc_post_2024_base: 1_000 + + # AGI ($130,000) exceeds joint threshold ($110,000) by $20,000 + # Phase-out: 20 * $16.50 = $330 + ny_ctc_post_2024_phase_out: 330 + + # Total CTC = $1,000 - $330 = $670 + ny_ctc_post_2024: 670 + +- name: Case 10, low income single filer with no tax liability. + # Income below standard deduction results in no tax + period: 2025 + absolute_error_margin: 0.01 + input: + people: + person1: + age: 25 + employment_income: 6_000 + tax_units: + tax_unit: + members: [person1] + filing_status: SINGLE + households: + household: + members: [person1] + state_code: NY + output: + ny_agi: 6_000 + + # Single standard deduction = $8,000 + ny_standard_deduction: 8_000 + + # Taxable income = max(0, $6,000 - $8,000) = $0 + ny_taxable_income: 0 + + # No taxable income = no tax + ny_main_income_tax: 0 + ny_supplemental_tax: 0 + ny_income_tax_before_credits: 0 diff --git a/sources/working_references.md b/sources/working_references.md new file mode 100644 index 00000000000..55e7536e03e --- /dev/null +++ b/sources/working_references.md @@ -0,0 +1,643 @@ +# Collected Documentation + +## New York State 2025 Individual Income Tax Implementation +**Collected**: 2026-01-08 +**Implementation Task**: Update NY income tax model for tax year 2025 (Issue #7142) + +--- + +## Official Program Name + +**Program**: New York State Individual Income Tax +**Form**: IT-201 (Full-Year Resident Income Tax Return) +**Tax Year**: 2025 + +--- + +## Source Information + +### Primary Sources +- **Title**: 2025 Form IT-201-I Instructions (HTML) +- **URL**: https://www.tax.ny.gov/forms/html-instructions/2025/it/it201i-2025.htm +- **Effective Date**: Tax Year 2025 + +### 📄 PDFs for Future Reference + +The following PDFs contain additional information: + +1. **2025 Form IT-201 Instructions (PDF)** + - URL: https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf + - Expected content: Complete IT-201 instructions with tax tables, household credit tables, supplemental tax computation + - Key pages: Pages 33-37 (tax rate tables), Page 11 (standard deduction), Pages 25-27 (credits) + +2. **Form IT-216 Instructions (CDCC)** + - URL: https://www.tax.ny.gov/pdf/current_forms/it/it216i.pdf + - Expected content: NYS Child and Dependent Care Credit percentage tables by income + +3. **Form IT-214 Instructions (Real Property Tax Credit)** + - URL: https://www.tax.ny.gov/pdf/current_forms/it/it214i.pdf + - Expected content: Detailed calculation methodology for real property tax credit + +4. **Form IT-272 Instructions (College Tuition)** + - URL: https://www.tax.ny.gov/pdf/current_forms/it/it272i.pdf + - Expected content: College tuition credit and deduction calculation details + +5. **Form IT-196 Instructions (Itemized Deductions)** + - URL: https://www.tax.ny.gov/pdf/current_forms/it/it196i.pdf + - Expected content: Itemized deduction reduction rules and thresholds + +--- + +## NYS Income Tax Rates (2025) + +### Single & Married Filing Separately (Filing Status 1 & 3) + +| Taxable Income | Rate | +|----------------|------| +| $0 - $8,500 | 4.00% | +| $8,500 - $11,700 | 4.50% | +| $11,700 - $13,900 | 5.25% | +| $13,900 - $80,650 | 5.50% | +| $80,650 - $215,400 | 6.00% | +| $215,400 - $1,077,550 | 6.85% | +| $1,077,550 - $5,000,000 | 9.65% | +| $5,000,000 - $25,000,000 | 10.30% | +| Over $25,000,000 | 10.90% | + +**Source**: 2025 Form IT-201-I Instructions, Pages 33-34 +**Legal Citation**: Tax Law Section 601 + +### Married Filing Jointly & Qualifying Surviving Spouse (Filing Status 2 & 5) + +| Taxable Income | Rate | +|----------------|------| +| $0 - $17,150 | 4.00% | +| $17,150 - $23,600 | 4.50% | +| $23,600 - $27,900 | 5.25% | +| $27,900 - $161,550 | 5.50% | +| $161,550 - $323,200 | 6.00% | +| $323,200 - $2,155,350 | 6.85% | +| $2,155,350 - $5,000,000 | 9.65% | +| $5,000,000 - $25,000,000 | 10.30% | +| Over $25,000,000 | 10.90% | + +**Source**: 2025 Form IT-201-I Instructions, Pages 33-34 + +### Head of Household (Filing Status 4) + +| Taxable Income | Rate | +|----------------|------| +| $0 - $12,800 | 4.00% | +| $12,800 - $17,650 | 4.50% | +| $17,650 - $20,900 | 5.25% | +| $20,900 - $107,650 | 5.50% | +| $107,650 - $269,300 | 6.00% | +| $269,300 - $1,616,450 | 6.85% | +| $1,616,450 - $5,000,000 | 9.65% | +| $5,000,000 - $25,000,000 | 10.30% | +| Over $25,000,000 | 10.90% | + +**Source**: 2025 Form IT-201-I Instructions, Pages 33-34 + +### Implementation Note +**No change from 2024** - The 2025 tax brackets and rates remain unchanged from 2024. The existing parameters are current. + +--- + +## NYS Supplemental Tax + +### Minimum AGI Threshold +- **All filing statuses**: $107,650 +- Taxpayers with NY AGI over $107,650 cannot use the standard tax tables and must compute tax using the supplemental tax calculation + +**Source**: 2025 Form IT-201-I Instructions +**Legal Citation**: Tax Law Section 601(d-2), (d-3), (d-4) + +### Implementation Note +**No change from 2024** - The supplemental tax threshold remains at $107,650. + +--- + +## NYS Standard Deductions (2025) + +| Filing Status | Amount | +|---------------|--------| +| Single (can be claimed as dependent) | $3,100 | +| Single (cannot be claimed as dependent) | $8,000 | +| Married Filing Jointly | $16,050 | +| Married Filing Separately | $8,000 | +| Head of Household | $11,200 | +| Qualifying Surviving Spouse | $16,050 | + +**Source**: 2025 Form IT-201-I Instructions, Page 11 + +### Implementation Note +**No change from 2024** - Standard deduction amounts remain unchanged. + +--- + +## NYS Dependent Exemption (2025) + +- **Amount**: $1,000 per dependent + +**Source**: 2025 Form IT-201-I Instructions, Page 11 + +### Implementation Note +**No change from 2024** - Dependent exemption remains at $1,000. + +--- + +## NYS Earned Income Tax Credit (EITC) + +### Match Percentage +- **Rate**: 30% of federal EITC +- **Reduced by**: Any household credit claimed + +**Source**: https://www.tax.ny.gov/pit/credits/earned_income_credit.htm +**Legal Citation**: Tax Law Section 606(d) + +### Implementation Note +**No change from 2024** - EITC match rate remains at 30%. + +--- + +## Empire State Child Tax Credit (2025-2027 Enhanced) + +### Credit Amounts by Age (Tax Year 2025) + +| Child Age | Maximum Credit | +|-----------|----------------| +| Under 4 years old | $1,000 | +| 4 through 16 years old | $330 | +| 17 and older | $0 | + +### Credit Amounts by Age (Tax Year 2026-2027) + +| Child Age | Maximum Credit | +|-----------|----------------| +| Under 4 years old | $1,000 | +| 4 through 16 years old | $500 | +| 17 and older | $0 | + +### Phase-Out Thresholds (2025-2027) + +| Filing Status | Phase-Out Begins | +|---------------|-----------------| +| Married Filing Jointly | $110,000 | +| Single | $75,000 | +| Head of Household | $75,000 | +| Married Filing Separately | $55,000 | +| Qualifying Surviving Spouse | $110,000 | + +### Phase-Out Rate +- **Reduction**: $16.50 per $1,000 of income above threshold +- **Increment**: $1,000 + +### Eligibility Requirements +- Full-year New York State resident +- Qualifying child under age 17 on December 31 +- Valid SSN or ITIN required + +### Important Notes +- **Refundable credit** - benefit available regardless of tax liability +- **No phase-in** - lowest income families receive full benefit (changed from previous law) +- **Sunset**: Enhanced amounts expire after 2027 + +**Source**: https://www.tax.ny.gov/pit/credits/empire_state_child_credit.htm +**Legal Citation**: Tax Law Section 606(c-1), Senate Bill S.3009-C Part C Section 2 + +### Implementation Note +**Already implemented for 2025** - Parameters in `gov/states/ny/tax/income/credits/ctc/post_2024/` contain correct 2025 values. The age 4+ amount for 2025 shows $330 (not $500 which applies starting 2026). + +--- + +## NYS Child and Dependent Care Credit (CDCC) + +### Calculation Method +The NYS CDCC is calculated as a **percentage of the federal CDCC**, based on NYS adjusted gross income. + +### Key Facts +- **Refundable**: Yes (for full-year residents) +- **Basis**: Federal CDCC amount (up to $3,000 for one dependent, $6,000 for two or more) +- **NYS percentage**: Varies by income (percentage table in IT-216 instructions) + +**Source**: https://www.tax.ny.gov/pit/credits/child_and_dependent_care_credit.htm + +### Implementation Note +**No structural changes for 2025** - The CDCC percentage calculation methodology has not changed. Specific percentage tables should be verified in IT-216 instructions PDF. + +--- + +## NYS Real Property Tax Credit + +### Income Threshold +- **Maximum federal AGI**: $18,000 or less + +### Property Value Limit +- **Maximum current market value**: $85,000 or less + +### Maximum Credit Amounts + +| Household Composition | Maximum Credit | +|-----------------------|----------------| +| All members under age 65 | $75 | +| At least one member age 65+ | $375 | + +### Additional Requirements +- Must be NYS resident entire year +- Occupied same NY residence for 6+ months +- Cannot be claimed as dependent +- Residence not completely tax-exempt + +**Source**: https://www.tax.ny.gov/pit/credits/real_property_tax_credit.htm + +### Implementation Note +**No change from 2024** - Real property tax credit thresholds remain unchanged. + +--- + +## NYS College Tuition Credit/Deduction + +### Credit +- **Maximum credit**: $400 per eligible student +- **Rate**: 4% of qualified tuition expenses +- **Minimum**: $200 if tuition is under $5,000 + +### Itemized Deduction +- **Maximum deduction**: $10,000 per eligible student + +### High-Income Phase-Out (Deduction Only) +- **AGI $525,000 - $1,000,000**: 50% of deduction allowed +- **AGI over $1,000,000**: No deduction allowed + +### Eligibility +- Undergraduate tuition only +- NYS residents only for credit (deduction available to part-year/nonresidents) + +**Source**: https://www.tax.ny.gov/pit/credits/college_tuition_credit.htm + +### Implementation Note +**No change from 2024** - College tuition credit and deduction parameters remain unchanged. + +--- + +## NYS Household Credit + +### Income Limits + +| Filing Status | Maximum AGI | +|---------------|-------------| +| Single | $28,000 | +| Married Filing Jointly | $32,000 | +| Married Filing Separately | $32,000 | +| Head of Household | $32,000 | +| Qualifying Surviving Spouse | $32,000 | + +### Credit Amount Structure +- **Single filers**: Up to $75 +- **MFJ/HOH/QSS**: $20-$90 base, plus $5-$15 per dependent + +### Tables +- **Table 1**: Single filers +- **Table 2**: MFJ, HOH, QSS +- **Table 3**: Married Filing Separately + +**Source**: https://www.tax.ny.gov/pit/credits/household_credit.htm + +### Implementation Note +**Verify detailed tables** - The exact credit amounts by income level should be extracted from the IT-201 instructions PDF. Current parameters appear to have bracket-based implementation. + +--- + +## NYS Pension & Annuity Exclusion + +### Parameters +- **Maximum exclusion**: $20,000 +- **Minimum age**: 59.5 years old + +**Source**: 2025 Form IT-201-I Instructions, Page 10 + +### Implementation Note +**No change from 2024** - Pension exclusion parameters remain unchanged. + +--- + +## NYS Itemized Deduction Reduction + +### Key Rules +1. **SALT Deduction**: NYS does not limit state and local tax deductions (unlike federal $40,000/$20,000 cap) +2. **High-Income Limitation**: For AGI over $10 million, charitable contribution deduction limited to 25% (through 2029) + +### Phase-Out Structure +The reduction applies based on income thresholds with incremental calculations. Specific thresholds are in IT-196 instructions. + +**Source**: https://www.tax.ny.gov/pit/file/itemized-deductions-2025.htm + +### Implementation Note +**Verify phase-out thresholds** - The existing parameter files at `gov/states/ny/tax/income/deductions/itemized/reduction/` should be reviewed against IT-196 instructions. + +--- + +## NYS Inflation Refund Credit (2025 Only) + +### Payment Amounts by Filing Status and Income + +| Filing Status | Income Threshold | Refund Amount | +|---------------|------------------|---------------| +| Single | $75,000 or less | $200 | +| Single | $75,001 - $150,000 | $150 | +| Married Filing Jointly | $150,000 or less | $400 | +| Married Filing Jointly | $150,001 - $300,000 | $300 | +| Head of Household | $75,000 or less | $200 | +| Head of Household | $75,001 - $150,000 | $150 | +| Married Filing Separately | $75,000 or less | $200 | +| Married Filing Separately | $75,001 - $150,000 | $150 | +| Qualifying Surviving Spouse | $150,000 or less | $400 | +| Qualifying Surviving Spouse | $150,001 - $300,000 | $300 | + +### Eligibility +- Based on **2023 tax year** filing +- Must have filed Form IT-201 (full-year resident) +- Cannot be claimed as dependent + +### Important Notes +- **One-time payment** - Not recurring +- **Automatic** - No application required +- **Distributed**: September-November 2025 + +**Source**: https://www.tax.ny.gov/pit/inflation-refund-checks.htm + +### Implementation Note +**Already implemented** - Parameters exist at `gov/states/ny/tax/income/credits/inflation_refund/`. These are based on 2023 tax year income, not 2025. + +--- + +## NYS Solar Energy System Equipment Credit + +### Parameters +- **Credit rate**: 25% of qualified expenditures +- **Maximum credit**: $5,000 +- **Carryforward**: Up to 5 years +- **Refundable**: No + +### Eligibility +- System must be at principal NYS residence +- Purchased or leased solar equipment + +**Source**: https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm + +### Implementation Note +**No change from 2024** - Solar credit parameters remain unchanged. + +--- + +## NYS Geothermal Energy System Credit + +### Credit Rate +- **Rate**: 25% of qualified expenditures + +### Maximum Credit (Date-Dependent) + +| System Placed in Service | Maximum Credit | +|--------------------------|----------------| +| On or before June 30, 2025 | $5,000 | +| On or after July 1, 2025 | $10,000 | + +### Carryforward +- Up to 5 years + +### Refundable +- No (currently nonrefundable) +- Starting 2026: May become refundable for lower-income homeowners + +**Source**: https://www.tax.ny.gov/pit/credits/geothermal-energy-system-credit.htm + +### Implementation Note +**NEEDS UPDATE** - Current parameter at `gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml` only has $5,000 value. Need to add: +- `2025-07-01: 10_000` for the new cap + +--- + +## NYC Income Tax Rates (2025) + +### Single & Married Filing Separately + +| NYC Taxable Income | Rate | +|--------------------|------| +| $0 - $12,000 | 3.078% | +| $12,000 - $25,000 | 3.762% | +| $25,000 - $50,000 | 3.819% | +| Over $50,000 | 3.876% | + +### Married Filing Jointly & Qualifying Surviving Spouse + +| NYC Taxable Income | Rate | +|--------------------|------| +| $0 - $21,600 | 3.078% | +| $21,600 - $45,000 | 3.762% | +| $45,000 - $90,000 | 3.819% | +| Over $90,000 | 3.876% | + +### Head of Household + +| NYC Taxable Income | Rate | +|--------------------|------| +| $0 - $14,400 | 3.078% | +| $14,400 - $30,000 | 3.762% | +| $30,000 - $60,000 | 3.819% | +| Over $60,000 | 3.876% | + +**Source**: 2025 Form IT-201-I Instructions, Pages 40-41 +**Legal Citation**: NYC Administrative Code Section 11-1701 + +### Implementation Note +**No change from 2024** - NYC tax rates remain unchanged. + +--- + +## NYC Earned Income Credit + +### Percentage Structure by Income + +| NYC Taxable Income | EITC Match Rate | +|--------------------|-----------------| +| $0 - $7,500 | 30% | +| $7,500 - $17,500 | 25% | +| $17,500 - $22,500 | 20% | +| $22,500 - $42,500 | 15% | +| Over $42,500 | 10% | + +**Source**: NYC EITC Worksheet, Form IT-215 Instructions +**Legal Citation**: NYC Administrative Code Section 11-1706(b) + +### Implementation Note +**No change from 2024** - NYC EITC percentage brackets remain unchanged. + +--- + +## NYC School Tax Credit + +### Fixed Amount Credit + +| Filing Status | Amount | +|---------------|--------| +| Single | $63 | +| Married Filing Separately | $63 | +| Head of Household | $63 | +| Married Filing Jointly | $125 | +| Qualifying Surviving Spouse | $125 | + +### Income Limit +- **Maximum NYC taxable income**: $250,000 + +### Rate Reduction Amount +- Calculated as percentage of NYC taxable income +- **Income limit**: $500,000 or less + +**Source**: 2025 Form IT-201-I Instructions, Pages 20, 26 + +### Implementation Note +**No change from 2024** - NYC School Tax Credit amounts remain unchanged. + +--- + +## NYC Household Credit + +### Income Limits + +| Filing Status | Maximum Income | +|---------------|----------------| +| Single | $12,500 | +| MFJ/HOH/QSS | $22,500 | + +### Credit Structure +- **Single filers**: Up to $15 +- **Other filers**: Based on dependents + +**Source**: https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm + +### Implementation Note +**No change from 2024** - NYC Household Credit parameters remain unchanged. + +--- + +## NYC Child and Dependent Care Credit + +### Match Rate +- **Maximum**: 75% of NYS CDCC + +### Eligibility Requirements +- Must qualify for NYS CDCC +- **Child age requirement**: Under age 4 on December 31 +- **Federal AGI limit**: $30,000 or less + +**Source**: https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm + +### Implementation Note +**No change from 2024** - NYC CDCC parameters remain unchanged. + +--- + +## NEW: Central Business District Toll Credit (2025) + +### Overview +New refundable credit for NYC residents who pay congestion pricing tolls. + +### Eligibility Requirements +1. **Residence**: Primary residence in NYC's Central Business District (Congestion Relief Zone) +2. **Income**: NYS adjusted gross income under $60,000 +3. **Tolls**: Paid CBD tolls during the tax year that were NOT business expenses + +### Credit Amount +- **100% of CBD tolls paid** during the tax year +- **No maximum stated** - appears to be full reimbursement +- **Refundable**: Yes + +### Income Limit +- **Maximum NYS AGI**: $60,000 +- **No phase-out**: Full eligibility below threshold, no credit at or above + +### How to Claim +- File Form IT-268, Central Business District Toll Credit +- Submit with income tax return +- Retain toll statements/receipts as documentation + +### Effective Date +- Credit available starting 2025 tax year +- Last updated: November 19, 2025 + +**Source**: https://www.tax.ny.gov/pit/credits/central-business-district-toll-credit.htm + +### Implementation Requirements +New parameters needed: +```yaml +# gov/states/ny/tax/income/credits/cbd_toll/max_agi.yaml +values: + 2025-01-01: 60_000 +``` + +New variable needed: +- `ny_cbd_toll_credit` - Calculate credit equal to CBD tolls paid +- Input variable: `cbd_tolls_paid` - Amount of tolls paid +- Eligibility variable: `eligible_for_cbd_toll_credit` - Residence + income check + +--- + +## Summary of Required Updates for 2025 + +### Parameters Needing Updates + +1. **Geothermal Credit Cap** (`gov/states/ny/tax/income/credits/geothermal_energy_system/cap.yaml`) + - Add: `2025-07-01: 10_000` + +2. **2025 References** - All parameters should have 2025 references added + +### New Parameters Needed + +1. **CBD Toll Credit** + - Income threshold: $60,000 + - Credit rate: 100% of tolls paid + +### Parameters Unchanged from 2024 + +- NYS tax brackets (all filing statuses) +- Standard deductions (all filing statuses) +- Dependent exemption ($1,000) +- EITC match (30%) +- Empire State Child Credit (2025 values already implemented) +- Supplemental tax threshold ($107,650) +- Real property tax credit thresholds +- College tuition credit/deduction +- Household credit amounts +- Pension exclusion ($20,000, age 59.5) +- Solar credit ($5,000, 25%) +- NYC tax brackets +- NYC EITC percentages +- NYC School Tax Credit ($63/$125) +- NYC Household Credit +- NYC CDCC (75% max, $30,000 income limit) + +--- + +## References for Parameter Metadata + +```yaml +# For 2025 NY parameters: +reference: + - title: "2025 Form IT-201-I Instructions" + href: "https://www.tax.ny.gov/forms/html-instructions/2025/it/it201i-2025.htm" + - title: "2025 Form IT-201-I Instructions (PDF)" + href: "https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf#page=XX" + +# For variables: +reference = "https://www.tax.ny.gov/forms/html-instructions/2025/it/it201i-2025.htm" +``` + +--- + +## Legal Citations + +- **NYS Tax Law Section 601**: Imposition of tax (rates, supplemental tax) +- **NYS Tax Law Section 606**: Credits against tax (EITC, CTC, CDCC, household credit, etc.) +- **NYC Administrative Code Section 11-1701**: NYC tax imposition +- **NYC Administrative Code Section 11-1706(b)**: NYC EITC