diff --git a/taxcalc/validation/taxsim35/Differences_Explained.md b/taxcalc/validation/taxsim35/Differences_Explained.md index bc6dfce43..0a9282461 100644 --- a/taxcalc/validation/taxsim35/Differences_Explained.md +++ b/taxcalc/validation/taxsim35/Differences_Explained.md @@ -3,8 +3,11 @@ This document explains the sources of known differences (that exceed $1) between Tax-Calculator and TAXSIM-35. Numerical differences are noted in the {letter}{year}-taxdiffs-actual.csv files in this directory. ## 2017 +* No differences greater than $1 (though one obs with an marginal tax rate differences of 7.65 percent) ## 2018 +* No differences greater than $1. + ## 2019 * There is one record in the "a" file with a difference in the EITC amount of $196.22. This record is of a single, 19 year old filer. This person is below the age of 25 and therefore should receive $0 EITC, which is what Tax-Calculator reports. TAXSIM-35 does not recognize this age threshold and incorrectly assigns this person $196.22 in EITC.