DC KCCATC 2024 changes and EITC match delay (#5449)

* Fixes #5448 and #5447 * Update changelog_entry.yaml * Update changelog_entry.yaml Co-authored-by: Pavel Makarchuk <[email protected]> --------- Co-authored-by: Pavel Makarchuk <[email protected]> Co-authored-by: Max Ghenis <[email protected]>
PolicyEngine · Jan 9, 2025 · 7d1f694 · 7d1f694
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commit 7d1f694
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diff --git a/changelog_entry.yaml b/changelog_entry.yaml
@@ -0,0 +1,5 @@
+- bump: minor
+  changes:
+    added:
+    - 2024 DC keep child care affordable tax credit max benefit and thresholds. 
+    - DC EITC match delay to 2029.
diff --git a/policyengine_us/parameters/gov/states/dc/tax/income/credits/eitc/with_children/match.yaml b/policyengine_us/parameters/gov/states/dc/tax/income/credits/eitc/with_children/match.yaml
@@ -8,8 +8,10 @@ metadata:
       href: https://code.dccouncil.gov/us/dc/council/code/sections/47-1806.04#(f)(1)
     - title: 2023 DC Form D-40 Booklet, Page 34, Line 27c
       href: https://otr.cfo.dc.gov/sites/default/files/dc/sites/otr/publication/attachments/2023_D40_Book_Final_012324.pdf#page=34
+    - title: District of Columbia Tax Changes Take Effect October 1st 2024
+      href: https://otr.cfo.dc.gov/release/district-columbia-tax-changes-take-effect-october1-24
 values:
   2015-01-01: 0.4 # (f)(1)(A) and (f)(1)(B)
   2022-01-01: 0.7 # (f)(1)(B-1)
   2025-01-01: 0.85 # (f)(1)(B-2)
-  2026-01-01: 1 # (f)(1)(B-3)
+  2029-01-01: 1 # (f)(1)(B-3)
diff --git a/policyengine_us/parameters/gov/states/dc/tax/income/credits/kccatc/income_limit.yaml b/policyengine_us/parameters/gov/states/dc/tax/income/credits/kccatc/income_limit.yaml
@@ -16,6 +16,8 @@ metadata:
       href: https://otr.cfo.dc.gov/sites/default/files/dc/sites/otr/publication/attachments/2022_D-40_Booklet_Final_blk_01_23_23_Ordc.pdf#page=60
     - title: 2023 DC Form D-40 Booklet, Schedule ELC
       href: https://otr.cfo.dc.gov/sites/default/files/dc/sites/otr/publication/attachments/2023_D40_Book_Final_012324.pdf#page=60
+    - title: District of Columbia Tax Changes Take Effect October 1st 2024
+      href: https://otr.cfo.dc.gov/release/district-columbia-tax-changes-take-effect-october1-24
 
 SINGLE:
   values:
@@ -24,6 +26,7 @@ SINGLE:
     2021-01-01: 153_400
     2022-01-01: 157_200
     2023-01-01: 167_400
+    2024-01-01: 174_300
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -38,6 +41,7 @@ JOINT:
     2021-01-01: 153_400
     2022-01-01: 157_200
     2023-01-01: 167_400
+    2024-01-01: 174_300
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -52,6 +56,7 @@ SEPARATE:
     2021-01-01: 76_700
     2022-01-01: 78_600
     2023-01-01: 83_700
+    2024-01-01: 87_100
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -66,6 +71,7 @@ HEAD_OF_HOUSEHOLD:
     2021-01-01: 153_400
     2022-01-01: 157_200
     2023-01-01: 167_400
+    2024-01-01: 174_300
   metadata:
     uprating:
       parameter: gov.irs.uprating
@@ -80,6 +86,7 @@ SURVIVING_SPOUSE:
     2021-01-01: 153_400
     2022-01-01: 157_200
     2023-01-01: 167_400
+    2024-01-01: 174_300
   metadata:
     uprating:
       parameter: gov.irs.uprating

diff --git a/policyengine_us/parameters/gov/states/dc/tax/income/credits/kccatc/max_amount.yaml b/policyengine_us/parameters/gov/states/dc/tax/income/credits/kccatc/max_amount.yaml
@@ -19,9 +19,12 @@ metadata:
       href: https://otr.cfo.dc.gov/sites/default/files/dc/sites/otr/publication/attachments/2022_D-40_Booklet_Final_blk_01_23_23_Ordc.pdf#page=59
     - title: 2023 DC Form D-40 Booklet, Schedule ELC
       href: https://otr.cfo.dc.gov/sites/default/files/dc/sites/otr/publication/attachments/2023_D40_Book_Final_012324#page=59
+    - title: District of Columbia Tax Changes Take Effect October 1st 2024
+      href: https://otr.cfo.dc.gov/release/district-columbia-tax-changes-take-effect-october1-24
 values:
   2018-01-01: 1_000
   2020-01-01: 1_010
   2021-01-01: 1_020
   2022-01-01: 1_045
   2023-01-01: 1_115
+  2024-01-01: 1_160