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[codex] Remove 2035 sunset from non-refundable SS credit #7959

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[codex] Remove 2035 sunset from non-refundable SS credit #7959

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1 change: 1 addition & 0 deletions changelog.d/codex-fix-nonrefundable-ss-credit-2100.fixed.md
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@@ -0,0 +1 @@
Extend the CRFB non-refundable Social Security credit reform so it continues feeding into non-refundable credits after 2035.
1 change: 0 additions & 1 deletion policyengine_us/reforms/crfb/non_refundable_ss_credit.py
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Expand Up @@ -86,7 +86,6 @@ def formula(tax_unit, period, parameters):
def modify_parameters(parameters):
parameters.gov.irs.credits.non_refundable.update(
start=instant("2026-01-01"),
stop=instant("2035-12-31"),
value=[
"foreign_tax_credit",
"cdcc",
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13 changes: 13 additions & 0 deletions policyengine_us/tests/policy/contrib/crfb/non_refundable_ss_credit.yaml
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Expand Up @@ -145,3 +145,16 @@
# Phase out = 6% * (165k - 150k) = $900
# Credit = max(0, 600 - 900) = 0
ss_credit: 0

- name: Late-year SS credit still reduces non-refundable income tax
period: 2073
reforms: policyengine_us.reforms.crfb.non_refundable_ss_credit.non_refundable_ss_credit_reform_object
input:
gov.contrib.crfb.ss_credit.in_effect: true
taxable_social_security: 30_000
taxable_income: 1_000_000
filing_status: SINGLE
output:
highest_tax_rate: 0.35
ss_credit: 600
income_tax_non_refundable_credits: 600
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