CPS ASEC 2005 Tax Model Documentation



Estimates for tax year 2004 were generated from person records in the CPS 2005 ASEC. The methodology used to produce these estimates was updated in tax year 2003 (2004 ASEC). This release continues the use of the new model. Annual federal and state tax law, parameter and threshold changes are included in the modeling. This document explains the most notable changes for tax year 2004.