Refactor ut_income_tax formula
hua7450 opened this issue · 2 comments
The current formula for ut_income_tax has some missing calculations.
Tax form: https://tax.utah.gov/forms/current/tc-40.pdf # line 22 & 32
Are we missing logic? #993 shows not deviations against TAXSIM for Utah, but missing calculations
suggests problems beyond refactoring.
Are we missing logic? #993 shows not deviations against TAXSIM for Utah, but
missing calculations
suggests problems beyond refactoring.
We have ut_income_tax_exempt
as a boolean where taxpayers can be exempted from paying tax, but this variable has not been used in any formula. I added it to the ut_income_tax_before_non_refundable_credits
. In the tax form, the ut_income_tax_before_non_refundable_credits
is called Utach income tax (line 22). I changed the name so the variable names are more consistent with other states'.