Revert #8911: restore OK retirement exclusion for IRC 401 employer pensions in 2021#9014
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Revert #8911: restore OK retirement exclusion for IRC 401 employer pensions in 2021#9014PavelMakarchuk wants to merge 2 commits into
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…sions in 2021 The 2021 Form 511 Packet, page 17 — the document cited by the private_pension_qualifies parameter — lists 'An employee pension benefit plan under IRC Section 401' as the first qualifying source for Schedule 511-A line 6, word-for-word identical to the 2022 packet. The pre-2022 restriction was based on a false premise and over-taxed affected filers by $500/person x 5%. Adds a taxsim #1083 integration test verified against TaxAct and the TAXSIM-35 binary. Fixes #9009 Co-Authored-By: Claude Fable 5 <noreply@anthropic.com>
Co-Authored-By: Claude Fable 5 <noreply@anthropic.com>
Codecov Report✅ All modified and coverable lines are covered by tests. Additional details and impacted files@@ Coverage Diff @@
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Fixes #9009. Corrects #8830. Originating issue: PolicyEngine/policyengine-taxsim#1083. Related: #9005.
#8911 excluded private (IRC §401) employer pensions from
ok_pension_subtractionbefore 2022 on the premise that the 2021 Schedule 511-A line 6 instructions did not list §401 plans. The premise is false: the 2021 Form 511 Packet, page 17 (the same document cited byprivate_pension_qualifies.yaml), lists as the first qualifying source "An employee pension benefit plan under IRC Section 401" — word-for-word identical to the 2022 packet.Change: clean
git revertof 1f61736 (drops theprivate_pension_qualifiesgate and its tests, restoresmin_(p.pension_limit, pensions)per person).Test: integration test from the taxsim #1083 record (2021 OK MFJ, ages 65/68, $19,229/person private pension) — TaxAct and the TAXSIM-35 binary agree to the cent: subtraction 2 × $10,000 = $20,000,
ok_agi$61,891,ok_income_tax$2,005 (PE previously $0 / $81,891 / $3,004.57). All 16 OK income tests pass.🤖 Generated with Claude Code