PolicyEngine · MaxGhenis · Oct 15, 2024 · Oct 14, 2024
diff --git a/changelog_entry.yaml b/changelog_entry.yaml
@@ -0,0 +1,4 @@
+- bump: minor
+  changes:
+    added:
+    - California Income Tax Thresholds 2024.
diff --git a/policyengine_us/parameters/gov/states/ca/tax/income/rates/head_of_household.yaml b/policyengine_us/parameters/gov/states/ca/tax/income/rates/head_of_household.yaml
@@ -9,6 +9,7 @@ brackets:
         2021-01-01: 18_663
         2022-01-01: 20_212
         2023-01-01: 20_839
+        2024-01-01: 21_527
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -18,6 +19,7 @@ brackets:
         2021-01-01: 44_217
         2022-01-01: 47_887
         2023-01-01: 49_371
+        2024-01-01: 51_000
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -27,6 +29,7 @@ brackets:
         2021-01-01: 56_999
         2022-01-01: 61_730
         2023-01-01: 63_644
+        2024-01-01: 65_744
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -36,6 +39,7 @@ brackets:
         2021-01-01: 70_542
         2022-01-01: 76_397
         2023-01-01: 78_765
+        2024-01-01: 81_364
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -45,6 +49,7 @@ brackets:
         2021-01-01: 83_324
         2022-01-01: 90_240
         2023-01-01: 93_037
+        2024-01-01: 96_107
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -54,6 +59,7 @@ brackets:
         2021-01-01: 425_251
         2022-01-01: 460_547
         2023-01-01: 474_824
+        2024-01-01: 490_493
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -63,6 +69,7 @@ brackets:
         2021-01-01: 510_303
         2022-01-01: 552_658
         2023-01-01: 569_790
+        2024-01-01: 588_593
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -72,6 +79,7 @@ brackets:
         2021-01-01: 850_503
         2022-01-01: 921_059
         2023-01-01: 949_649
+        2024-01-01: 980_987
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -90,6 +98,8 @@ metadata:
       href: https://www.ftb.ca.gov/forms/2022/2022-540-tax-rate-schedules.pdf
     - title: California Income Tax Rate Schedules for 2023
       href: https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
+    - title: 2024 California Indexing Form
+      href: https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/index.html#article1
     - title: Cal. Rev. & Tax. Code § 17041
       href: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=17041.&lawCode=RTC
       # Index according to federal tax parameter rules until we add California CPI trend.
diff --git a/policyengine_us/parameters/gov/states/ca/tax/income/rates/joint.yaml b/policyengine_us/parameters/gov/states/ca/tax/income/rates/joint.yaml
@@ -9,6 +9,7 @@ brackets:
         2021-01-01: 18_650
         2022-01-01: 20_198
         2023-01-01: 20_824
+        2024-01-01: 21_512
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -18,6 +19,7 @@ brackets:
         2021-01-01: 44_214
         2022-01-01: 47_884
         2023-01-01: 49_368
+        2024-01-01: 50_998
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -27,6 +29,7 @@ brackets:
         2021-01-01: 69_784
         2022-01-01: 75_576
         2023-01-01: 77_918
+        2024-01-01: 80_490
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -36,6 +39,7 @@ brackets:
         2021-01-01: 96_870
         2022-01-01: 104_910
         2023-01-01: 108_162
+        2024-01-01: 111_732
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -45,6 +49,7 @@ brackets:
         2021-01-01: 122_428
         2022-01-01: 132_590
         2023-01-01: 136_700
+        2024-01-01: 141_212
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -54,6 +59,7 @@ brackets:
         2021-01-01: 625_372
         2022-01-01: 677_278
         2023-01-01: 698_274
+        2024-01-01: 721_318
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -63,6 +69,7 @@ brackets:
         2021-01-01: 750_442
         2022-01-01: 812_728
         2023-01-01: 837_922
+        2024-01-01: 865_574
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -72,6 +79,7 @@ brackets:
         2021-01-01: 1_250_738
         2022-01-01: 1_354_550
         2023-01-01: 1_396_542
+        2024-01-01: 1_442_628
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -90,6 +98,8 @@ metadata:
       href: https://www.ftb.ca.gov/forms/2022/2022-540-tax-rate-schedules.pdf
     - title: California Income Tax Rate Schedules for 2023
       href: https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
+    - title: 2024 California Indexing Form
+      href: https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/index.html#article1
     - title: Cal. Rev. & Tax. Code § 17041
       href: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=17041.&lawCode=RTC
       # Index according to federal tax parameter rules until we add California CPI trend.
diff --git a/policyengine_us/parameters/gov/states/ca/tax/income/rates/separate.yaml b/policyengine_us/parameters/gov/states/ca/tax/income/rates/separate.yaml
@@ -9,6 +9,7 @@ brackets:
         2021-01-01: 9_325
         2022-01-01: 10_099
         2023-01-01: 10_412
+        2024-01-01: 10_756
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -18,6 +19,7 @@ brackets:
         2021-01-01: 22_107
         2022-01-01: 23_942
         2023-01-01: 24_684
+        2024-01-01: 25_499
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -27,6 +29,7 @@ brackets:
         2021-01-01: 34_892
         2022-01-01: 37_788
         2023-01-01: 38_959
+        2024-01-01: 40_245
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -36,6 +39,7 @@ brackets:
         2021-01-01: 48_435
         2022-01-01: 52_455
         2023-01-01: 54_081
+        2024-01-01: 55_866
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -45,6 +49,7 @@ brackets:
         2021-01-01: 61_214
         2022-01-01: 66_295
         2023-01-01: 68_350
+        2024-01-01: 70_606
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -54,6 +59,7 @@ brackets:
         2021-01-01: 312_686
         2022-01-01: 338_639
         2023-01-01: 349_137
+        2024-01-01: 360_659
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -63,6 +69,7 @@ brackets:
         2021-01-01: 375_221
         2022-01-01: 406_364
         2023-01-01: 418_961
+        2024-01-01: 432_787
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -72,6 +79,7 @@ brackets:
         2021-01-01: 625_369
         2022-01-01: 677_275
         2023-01-01: 698_271
+        2024-01-01: 721_314
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -90,6 +98,8 @@ metadata:
       href: https://www.ftb.ca.gov/forms/2022/2022-540-tax-rate-schedules.pdf
     - title: California Income Tax Rate Schedules for 2023
       href: https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
+    - title: 2024 California Indexing Form
+      href: https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/index.html#article1
     - title: Cal. Rev. & Tax. Code § 17041
       href: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=17041.&lawCode=RTC
       # Index according to federal tax parameter rules until we add California CPI trend.
diff --git a/policyengine_us/parameters/gov/states/ca/tax/income/rates/single.yaml b/policyengine_us/parameters/gov/states/ca/tax/income/rates/single.yaml
@@ -9,6 +9,7 @@ brackets:
         2021-01-01: 9_325
         2022-01-01: 10_099
         2023-01-01: 10_412
+        2024-01-01: 10_756
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -18,6 +19,7 @@ brackets:
         2021-01-01: 22_107
         2022-01-01: 23_942
         2023-01-01: 24_684
+        2024-01-01: 25_499
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -27,6 +29,7 @@ brackets:
         2021-01-01: 34_892
         2022-01-01: 37_788
         2023-01-01: 38_959
+        2024-01-01: 40_245
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -36,6 +39,7 @@ brackets:
         2021-01-01: 48_435
         2022-01-01: 52_455
         2023-01-01: 54_081
+        2024-01-01: 55_866
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -45,6 +49,7 @@ brackets:
         2021-01-01: 61_214
         2022-01-01: 66_295
         2023-01-01: 68_350
+        2024-01-01: 70_606
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -54,6 +59,7 @@ brackets:
         2021-01-01: 312_686
         2022-01-01: 338_639
         2023-01-01: 349_137
+        2024-01-01: 360_659
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -63,6 +69,7 @@ brackets:
         2021-01-01: 375_221
         2022-01-01: 406_364
         2023-01-01: 418_961
+        2024-01-01: 432_787
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -72,6 +79,7 @@ brackets:
         2021-01-01: 625_369
         2022-01-01: 677_275
         2023-01-01: 698_271
+        2024-01-01: 721_314
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -90,6 +98,8 @@ metadata:
       href: https://www.ftb.ca.gov/forms/2022/2022-540-tax-rate-schedules.pdf
     - title: California Income Tax Rate Schedules for 2023
       href: https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
+    - title: 2024 California Indexing Form
+      href: https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/index.html#article1
     - title: Cal. Rev. & Tax. Code § 17041
       href: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=17041.&lawCode=RTC
       # Index according to federal tax parameter rules until we add California CPI trend.
diff --git a/policyengine_us/parameters/gov/states/ca/tax/income/rates/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ca/tax/income/rates/surviving_spouse.yaml
@@ -9,6 +9,7 @@ brackets:
         2021-01-01: 18_650
         2022-01-01: 20_198
         2023-01-01: 20_824
+        2024-01-01: 21_512
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -18,6 +19,7 @@ brackets:
         2021-01-01: 44_214
         2022-01-01: 47_884
         2023-01-01: 49_368
+        2024-01-01: 50_998
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -27,6 +29,7 @@ brackets:
         2021-01-01: 69_784
         2022-01-01: 75_576
         2023-01-01: 77_918
+        2024-01-01: 80_490
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -36,6 +39,7 @@ brackets:
         2021-01-01: 96_870
         2022-01-01: 104_910
         2023-01-01: 108_162
+        2024-01-01: 111_732
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -45,6 +49,7 @@ brackets:
         2021-01-01: 122_428
         2022-01-01: 132_590
         2023-01-01: 136_700
+        2024-01-01: 141_212
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -54,6 +59,7 @@ brackets:
         2021-01-01: 625_372
         2022-01-01: 677_278
         2023-01-01: 698_274
+        2024-01-01: 721_318
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -63,6 +69,7 @@ brackets:
         2021-01-01: 750_442
         2022-01-01: 812_728
         2023-01-01: 837_922
+        2024-01-01: 865_574
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -72,6 +79,7 @@ brackets:
         2021-01-01: 1_250_738
         2022-01-01: 1_354_550
         2023-01-01: 1_396_542
+        2024-01-01: 1_442_628
       metadata:
         uprating: gov.states.ca.cpi
     rate:
@@ -90,6 +98,8 @@ metadata:
       href: https://www.ftb.ca.gov/forms/2022/2022-540-tax-rate-schedules.pdf
     - title: California Income Tax Rate Schedules for 2023
       href: https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
+    - title: 2024 California Indexing Form
+      href: https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/index.html#article1
     - title: Cal. Rev. & Tax. Code § 17041
       href: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=17041.&lawCode=RTC
       # Index according to federal tax parameter rules until we add California CPI trend.