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1 change: 1 addition & 0 deletions changelog.d/ar-inflation-relief-2023-values.fixed.md
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Corrected the Arkansas inflation relief credit's 2023 maximums ($150/$300, not $50/$100) and restored the missing 2023 joint phase-out start, sunset the parameters to $0 from 2024, and refreshed the dead DFA worksheet reference URLs.
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Expand Up @@ -2,31 +2,36 @@ description: Arkansas allows for this maximum inflationary relief tax credit amo
metadata:
period: year
unit: currency-USD
label: Arkansas income-tax credit maximum amount
label: Arkansas inflation relief credit maximum amount
reference:
# The inflation relief credit is not mentioned in the Arkansas statutes
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=26
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Department of finance and administration, Bill HB1002
href: https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FAssembly%2F2021%2F2022S3%2FFiscal+Impacts%2FHB1002-DFA1.pdf#page=2
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
# The inflation relief credit is not mentioned in the Arkansas statutes
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=25
- title: Inflationary relief income-tax credit worksheet 2022
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Department of finance and administration, Bill HB1002
href: https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FAssembly%2F2021%2F2022S3%2FFiscal+Impacts%2FHB1002-DFA1.pdf#page=2
- title: Inflationary relief income-tax credit worksheet 2023
href: https://www.dfa.arkansas.gov/wp-content/uploads/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
breakdown:
- filing_status
JOINT:
2022-01-01: 300
2023-01-01: 100
2023-01-01: 300
2024-01-01: 0
SURVIVING_SPOUSE:
2022-01-01: 150
2023-01-01: 50
2023-01-01: 150
2024-01-01: 0
HEAD_OF_HOUSEHOLD:
2022-01-01: 150
2023-01-01: 50
2023-01-01: 150
2024-01-01: 0
SINGLE:
2022-01-01: 150
2023-01-01: 50
2023-01-01: 150
2024-01-01: 0
SEPARATE:
2022-01-01: 150
2023-01-01: 50
2023-01-01: 150
2024-01-01: 0
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Expand Up @@ -4,14 +4,14 @@ metadata:
unit: currency-USD
label: Arkansas inflation relief credit reduction amount
reference:
# The inflation relief credit is not mentioned in the Arkansas statutes
# The inflation relief credit is not mentioned in the Arkansas statutes
# House bill did not specify reduction amount
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=26
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=25
- title: Inflationary relief income-tax credit worksheet 2022
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Inflationary relief income-tax credit worksheet 2023
href: https://www.dfa.arkansas.gov/wp-content/uploads/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
breakdown:
- filing_status
JOINT:
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Expand Up @@ -2,16 +2,16 @@ description: Arkansas reduces the inflationary relief tax credit for each of the
metadata:
period: year
unit: currency-USD
label: Arkansas income reduction increment
label: Arkansas inflation relief credit reduction increment
reference:
# The inflation relief credit is not mentioned in the Arkansas statutes
# The inflation relief credit is not mentioned in the Arkansas statutes
# House bill did not specify reduction increment
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=26
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=25
- title: Inflationary relief income-tax credit worksheet 2022
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Inflationary relief income-tax credit worksheet 2023
href: https://www.dfa.arkansas.gov/wp-content/uploads/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1

breakdown:
- filing_status
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@@ -1,23 +1,23 @@
description: Arkansas provides inflationary relief tax credit to filers with taxable income above this amount, based on filing status.
metadata:
reference:
# The inflation relief credit is not mentioned in the Arkansas statutes
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=26
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Department of finance and administration, Bill HB1002
# The inflation relief credit is not mentioned in the Arkansas statutes
- title: Arkansas 2022 Individual Income Tax Forms and Instructions
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_AR1000F_and_AR1000NR_Instructions.pdf#page=25
- title: Inflationary relief income-tax credit worksheet 2022
href: https://www.dfa.arkansas.gov/wp-content/uploads/2022_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
- title: Department of finance and administration, Bill HB1002
href: https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FAssembly%2F2021%2F2022S3%2FFiscal+Impacts%2FHB1002-DFA1.pdf#page=2
- title: Inflationary relief income-tax credit worksheet
href: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
label: Arkansas inflation reduction credit reduction start
- title: Inflationary relief income-tax credit worksheet 2023
href: https://www.dfa.arkansas.gov/wp-content/uploads/2023_Final_InflationaryReliefIncomeTaxCredit_FI.pdf#page=1
label: Arkansas inflation relief credit reduction start
unit: currency-USD
period: year

breakdown:
- filing_status
JOINT:
2022-01-01: 174_000
2023-01-01: 179_200
SURVIVING_SPOUSE:
2022-01-01: 87_000
2023-01-01: 89_600
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