Add Rhode Island 2023 rules (#4406)

* Add 2023 Rhode Island Tax Rules Fixes #4197 * Add 2023 Rhode Island Tax Rules Fixes #4197 * change log * format * minor change * Add 2023 Rhode Island Tax Rules Fixes #4197 * add rounding rules Fixes #4197 * Add 2023 Rhode Island Tax Rules Fixes #4197
PolicyEngine · Apr 22, 2024 · d07d796 · d07d796
1 parent b2405f5
commit d07d796
Show file tree

Hide file tree

Showing 14 changed files with 131 additions and 7 deletions.
diff --git a/changelog_entry.yaml b/changelog_entry.yaml
@@ -0,0 +1,5 @@
+- bump: minor
+  changes:
+    added:
+    - 2023 Rhode Island Tax Rules.
+
diff --git a/...arameters/gov/states/ri/tax/income/agi/subtractions/social_security/limit/birth_year.yaml b/...arameters/gov/states/ri/tax/income/agi/subtractions/social_security/limit/birth_year.yaml
@@ -10,11 +10,14 @@ metadata:
   # The tax form points to this worksheet: Social Security modification on Schedule M, line 1t.
   - title: Rhode Island 2022 Modification for Taxable social security income worksheet
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/Social%20Security%20Worksheet_w.pdf#page=1
+  - title: Rhode Island 2023 Modification for Taxable social security income worksheet
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/Social%20Security%20Worksheet_w.pdf#page=1
   # The legal code refers to the "attained the age used for calculating 
   # full or unreduced social security retirement benefits"
   - title: R.I. Gen. Laws § 44-30-12 (c), (8), (i), (A)
     href: http://webserver.rilin.state.ri.us/Statutes/title44/44-30/44-30-12.HTM 
 
 values:
-  2021-01-01: 1955
-  2022-01-01: 1956
+  2021-01-01: 1955 # 1955-11-01
+  2022-01-01: 1956 # 1956-09-01
+  2023-01-01: 1957 # 1957-07-01
diff --git a/...us/parameters/gov/states/ri/tax/income/agi/subtractions/social_security/limit/income.yaml b/...us/parameters/gov/states/ri/tax/income/agi/subtractions/social_security/limit/income.yaml
@@ -6,20 +6,28 @@ metadata:
   unit: currency-USD
   breakdown:
   - filing_status
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # The tax form points to this worksheet: Social Security modification on Schedule M, line 1s.
   - title: Rhode Island 2021 Modification for Taxable social security income worksheet
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-01/social-security-worksheet_b_0.pdf#page=1
   # The tax form points to this worksheet: Social Security modification on Schedule M, line 1t.
   - title: Rhode Island 2022 Modification for Taxable social security income worksheet
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/Social%20Security%20Worksheet_w.pdf#page=1
+  - title: Rhode Island 2023 Modification for Taxable social security income worksheet
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/Social%20Security%20Worksheet_w.pdf#page=1
   - title: R.I. Gen. Laws § 44-30-12 (c), (8), (i)&(ii)
     href: http://webserver.rilin.state.ri.us/Statutes/title44/44-30/44-30-12.HTM 
 
 JOINT:
   2016-01-01: 100_000
   2021-01-01: 111_200
   2022-01-01: 119_750
+  2023-01-01: 126_250
 HEAD_OF_HOUSEHOLD:
   2016-01-01: 80_000
   2021-01-01: 88_950
@@ -28,11 +36,14 @@ SURVIVING_SPOUSE:
   2016-01-01: 100_000
   2021-01-01: 111_200
   2022-01-01: 119_750
+  2023-01-01: 126_250
 SINGLE:
   2016-01-01: 80_000
   2021-01-01: 88_950
   2022-01-01: 95_800
+  2023-01-01: 101_000
 SEPARATE:
   2016-01-01: 80_000
   2021-01-01: 88_975
   2022-01-01: 95_800
+  2023-01-01: 101_025
diff --git a/...ers/gov/states/ri/tax/income/agi/subtractions/taxable_retirement_income/income_limit.yaml b/...ers/gov/states/ri/tax/income/agi/subtractions/taxable_retirement_income/income_limit.yaml
@@ -6,11 +6,18 @@ metadata:
   unit: currency-USD
   breakdown:
   - filing_status
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   - title: Rhode Island 2021 RI-1040 Instructions
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2021-12/2021-1040r-instructions.pdf#page=8
   - title: Rhode Island 2022 RI-1040 Instructions
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20NR%20Instructions_v4_w.pdf#page=11
+  - title: Rhode Island 2023 RI-1040 Instructions
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%201040R%20Instructions.pdf#page=9
   # The law points to the secial security modification (c) (8) while the actual amounts differ
   # in the tax forms
   - title: R.I. Gen. Laws § 44-30-12 (c), (8), (i)&(ii)
@@ -19,15 +26,20 @@ metadata:
 JOINT:
   2021-01-01: 109_050
   2022-01-01: 119_750
+  2023-01-01: 126_250
 HEAD_OF_HOUSEHOLD:
   2021-01-01: 87_200
   2022-01-01: 95_800
+  2023-01-01: 101_000
 SURVIVING_SPOUSE:
   2021-01-01: 109_050
   2022-01-01: 119_750
+  2023-01-01: 126_250
 SINGLE:
   2021-01-01: 87_200
   2022-01-01: 95_800
+  2023-01-01: 101_000
 SEPARATE:
   2021-01-01: 87_200
   2022-01-01: 95_800
+  2023-01-01: 101_025
diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/credits/property_tax/max_amount.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/credits/property_tax/max_amount.yaml
@@ -16,13 +16,21 @@ values:
   2020-01-01: 400
   2021-01-01: 415
   2022-01-01: 600
+  2023-01-01: 650
 metadata:
   label: Rhode Island property tax credit maximum amount
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 5
   period: year
   unit: currency-USD
   reference:
   - title: Property Tax Relief R.I. Gen. Laws § 44-33-9 (2)
     href: http://webserver.rilin.state.ri.us/Statutes/TITLE44/44-33/44-33-9.htm
+  - title: 2023 Form RI-1040H Rhode Island Property Tax Relief Claim Line 12
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%201040H_w.pdf#page=1
   - title: 2022 Form RI-1040H Rhode Island Property Tax Relief Claim Line 12
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20RI-1040H_v2_w.pdf#page=1
   - title: 2021 Form RI-1040H Rhode Island Property Tax Relief Claim Line 12

diff --git a/...ine_us/parameters/gov/states/ri/tax/income/credits/property_tax/rate/multiple_people.yaml b/...ine_us/parameters/gov/states/ri/tax/income/credits/property_tax/rate/multiple_people.yaml
@@ -11,6 +11,8 @@ metadata:
       href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-01/2021-ri-1040h_w.pdf#page=3
     - title: 2022 Form RI-1040H Rhode Island Property Tax Relief Claim
       href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20RI-1040H_v2_w.pdf#page=3
+    - title: 2023 Form RI-1040H Rhode Island Property Tax Relief Claim
+      href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%201040H_w.pdf#page=3
 
 brackets:
   - threshold:
@@ -19,18 +21,30 @@ brackets:
       2021-01-01: 0.03
   - threshold:
       2021-01-01: 6_000
+      2023-01-01: 6_496
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.04
   - threshold:
       2021-01-01: 9_000
+      2023-01-01: 9_740
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.05
   - threshold:
       2021-01-01: 15_000
+      2023-01-01: 16_230
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.06
   - threshold:
       2021-01-01: 30_000
       2022-01-01: 35_000
+      2023-01-01: 37_870
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0
diff --git a/...cyengine_us/parameters/gov/states/ri/tax/income/credits/property_tax/rate/one_person.yaml b/...cyengine_us/parameters/gov/states/ri/tax/income/credits/property_tax/rate/one_person.yaml
@@ -11,6 +11,8 @@ metadata:
       href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-01/2021-ri-1040h_w.pdf#page=3
     - title: 2022 Form RI-1040H Rhode Island Property Tax Relief Claim
       href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20RI-1040H_v2_w.pdf#page=3
+    - title: 2023 Form RI-1040H Rhode Island Property Tax Relief Claim
+      href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%201040H_w.pdf#page=3
 
 brackets:
   - threshold:
@@ -19,18 +21,30 @@ brackets:
       2021-01-01: 0.03
   - threshold:
       2021-01-01: 6_000
+      2023-01-01: 6_496
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.04
   - threshold:
       2021-01-01: 9_000
+      2023-01-01: 9_740
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.05
   - threshold:
       2021-01-01: 12_000
+      2023-01-01: 12_986
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0.06
   - threshold:
       2021-01-01: 30_000
       2022-01-01: 35_000
+      2023-01-01: 37_870
+    metadata:
+      uprating: gov.irs.uprating
     amount:
       2021-01-01: 0
diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/deductions/standard/amount.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/deductions/standard/amount.yaml
@@ -5,6 +5,11 @@ metadata:
   unit: currency-USD
   breakdown:
   - filing_status
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   - title: Rhode Island Department of Revenue, Division of Taxation, Inflation-adjusted amounts set for tax year 2023.
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/ADV_2022_40_Inflation_Adjustments.pdf#page=1

diff --git a/...ngine_us/parameters/gov/states/ri/tax/income/deductions/standard/phase_out/increment.yaml b/...ngine_us/parameters/gov/states/ri/tax/income/deductions/standard/phase_out/increment.yaml
@@ -2,11 +2,17 @@ description: Rhode Island phases the standard deduction out at this increment.
 values:
   2021-01-01: 6_000
   2022-01-01: 6_200
+  2023-01-01: 6_700
 
 metadata:
   label: Rhode Island standard deduction phase out increment
   period: year
   unit: currency-USD
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # Legal code specifies $5,000 starting in 2011.
   - title: R.I. Gen. Laws § 44-30-2.6 (B), (III)

diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/deductions/standard/phase_out/start.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/deductions/standard/phase_out/start.yaml
@@ -2,11 +2,17 @@ description: Rhode Island phases the standard deduction out for filers with inco
 values:
   2021-01-01: 210_750
   2022-01-01: 217_050
+  2023-01-01: 233_750
 
 metadata:
   label: Rhode Island standard deduction phase out start 
   period: year
   unit: currency-USD
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # Legal code specifies $175,000 starting in 2011.
   - title: R.I. Gen. Laws § 44-30-2.6 (c), (3), (B), (III)

diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/exemption/amount.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/exemption/amount.yaml
@@ -2,19 +2,27 @@ description: Rhode Island provides the following amount for each exemption in th
 values:
   2021-01-01: 4_250
   2022-01-01: 4_350
+  2023-01-01: 4_700
 
 
 metadata:
   label: Rhode Island exemption amount 
   period: year
   unit: currency-USD
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2022 (Exemption Worksheet line 1)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040 or RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2021 (Exemption Worksheet line 1)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2021-11/2021-tax-rate-and-worksheets.pdf#page=1
+  - title: Rhode Island Tax Rate Schedule and Worksheet 2023 (Exemption Worksheet line 1)
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # Legal code specifies $3,400, inflation adjusted from 1989.
   # Tax form specifies $4,250 in 2021 and $4,350 in 2022, which are the amount used here.
   - title: Rhode Island Legal Code R.I. Gen. Laws § 44-30-2.6 (E), (1)&(3)

diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/exemption/reduction/increment.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/exemption/reduction/increment.yaml
@@ -2,19 +2,27 @@ description: Rhode Island reduces the exemption amount for each of these increme
 values:
   2021-01-01: 6_000
   2022-01-01: 6_200
+  2023-01-01: 6_700
 
 
 metadata:
   label: Rhode Island exemption phase out increment
   period: year
   unit: currency-USD
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2022 (Exemption Worksheet line 6)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040 or RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2021 (Exemption Worksheet line 6)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2021-11/2021-tax-rate-and-worksheets.pdf#page1
+  - title: Rhode Island Tax Rate Schedule and Worksheet 2023 (Exemption Worksheet line 6)
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # Legal code specifies $2,500, inflation-adjusted starting in 1991.
   - title: Rhode Island Legal Code R.I. Gen. Laws § 44-30-2.6 (E), (4), (b)
     href: http://webserver.rilin.state.ri.us/Statutes/TITLE44/44-30/44-30-2.6.HTM
diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/exemption/reduction/start.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/exemption/reduction/start.yaml
@@ -2,18 +2,26 @@ description: Rhode Island reduces the exemption for filers with state adjusted g
 values:
   2021-01-01: 210_750
   2022-01-01: 217_050
+  2023-01-01: 233_750
 
 metadata:
   label: Rhode Island exemption phase out start 
   period: year
   unit: currency-USD
+  uprating:
+    parameter: gov.irs.uprating
+    rounding:
+      type: downwards
+      interval: 50
   reference:
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2022 (Exemption Worksheet line 3)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-12/2022%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # The tax form points to this worksheet: Exemption Worksheet for RI-1040 or RI-1040NR, Page 1, line 6)
   - title: Rhode Island Tax Rate Schedule and Worksheet 2021 (Exemption Worksheet line 3)
     href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2021-11/2021-tax-rate-and-worksheets.pdf#page=1
+  - title: Rhode Island Tax Rate Schedule and Worksheet 2023 (Exemption Worksheet line 4)
+    href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-12/2023%20Tax%20Rate%20and%20Worksheets.pdf#page=1
   # Legal code specifies phase-out thresholds that vary by filing status.
   # Unclear how this comports with the tax form. We use the tax form.
   - title: Rhode Island Legal Code R.I. Gen. Laws § 44-30-2.6 (E)(4)(c)

diff --git a/policyengine_us/parameters/gov/states/ri/tax/income/rate.yaml b/policyengine_us/parameters/gov/states/ri/tax/income/rate.yaml
@@ -6,6 +6,8 @@ metadata:
   period: year
   label: Rhode Island income tax rate
   reference:
+    - title: Rhode Island Tax Rate Schedule - 2023
+      href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2023-11/2023%20Tax%20Rate%20and%20Worksheets_d.pdf#page=1
     - title: Rhode Island Tax Rate Schedule - 2022
       href: https://tax.ri.gov/sites/g/files/xkgbur541/files/2022-10/2022%20RI%20Tax%20Tables_Complete.pdf#page=1
     - title: Rhode Island Tax Rate Schedule - 2021
@@ -14,16 +16,30 @@ metadata:
       href: https://law.justia.com/codes/rhode-island/2022/title-44/chapter-44-30/part-i/section-44-30-2-6/
 brackets:
   - threshold:
-      2021-01-01: 0
+      0000-01-01: 0
     rate:
       2021-01-01: 0.0375
   - threshold:
-      2021-01-01: 66_200
-      2022-01-01: 68_200
+      values:
+        2021-01-01: 66_200
+        2022-01-01: 68_200
+        2023-01-01: 73_450
+      uprating:
+        parameter: gov.irs.uprating
+        rounding:
+          type: downwards
+          interval: 50
     rate:
       2021-01-01: 0.0475
   - threshold:
-      2021-01-01: 150_550
-      2022-01-01: 155_050
+      values:
+        2021-01-01: 150_550
+        2022-01-01: 155_050
+        2023-01-01: 166_950
+      uprating:
+        parameter: gov.irs.uprating
+        rounding:
+          type: downwards
+          interval: 50
     rate:
       2021-01-01: 0.0599