src/fed2019/Form8960.test.ts

   1 import { Person } from '../core';
   2
   3 import W2 from './W2';
   4 import Form1040, { FilingStatus } from './Form1040';
   5 import Form1099B, { GainType } from './Form1099B';
   6 import Form1099DIV from './Form1099DIV';
   7 import Form1099INT from './Form1099INT';
   8 import Form8949 from './Form8949';
   9 import Form8959 from './Form8959';
  10 import Form8960 from './Form8960';
  11 import Schedule2 from './Schedule2';
  12 import ScheduleD from './ScheduleD';
  13 import TaxReturn from './TaxReturn';
  14
  15 describe('net investment income tax', () => {
  16   const filingStatusToResult = {
  17     [FilingStatus.Single]: 105555,
  18     [FilingStatus.MarriedFilingJoint]: 55555,
  19     [FilingStatus.MarriedFilingSeparate]: 180555,
  20   };
  21
  22   for (const filingStatus of Object.values(FilingStatus)) {
  23     test(`filing status ${filingStatus}`, () => {
  24       const p = Person.self('A');
  25       const tr = new TaxReturn();
  26       tr.addForm(new Form1040({ filingStatus }));
  27       tr.addForm(new Form1099DIV({
  28         payer: 'Brokerage',
  29         payee: p,
  30         ordinaryDividends: 2000,
  31         qualifiedDividends: 1500,
  32         totalCapitalGain: 55
  33       }));
  34       tr.addForm(new Form1099INT({
  35         payer: 'Bank',
  36         payee: p,
  37         interest: 3000
  38       }));
  39       tr.addForm(new Form1099B({
  40         payer: 'Brokerage',
  41         payee: p,
  42         description: '100 VTI',
  43         proceeds: 4000,
  44         costBasis: 3500,
  45         gainType: GainType.LongTerm,
  46         basisReportedToIRS: true
  47       }));
  48       tr.addForm(new Form8949);
  49       tr.addForm(new ScheduleD);
  50       tr.addForm(new W2({
  51         employer: 'Acme',
  52         employee: p,
  53         wages: 300000,
  54         fedIncomeTax: 0,
  55         medicareWages: 0,
  56         medicareTax: 0,
  57       }));
  58       tr.addForm(new Form8959);
  59       tr.addForm(new Schedule2);
  60
  61       const f = new Form8960();
  62       tr.addForm(f);
  63
  64       expect(f.getValue(tr, '1')).toBe(3000);
  65       expect(f.getValue(tr, '2')).toBe(2000);
  66       expect(f.getValue(tr, '5a')).toBe(555);
  67       expect(f.getValue(tr, '8')).toBe(5555);
  68       expect(f.getValue(tr, '11')).toBe(0);
  69       expect(f.getValue(tr, '12')).toBe(5555);
  70       expect(f.getValue(tr, '13')).toBe(305555);
  71       expect(f.getValue(tr, '14')).toBe(Form8960.filingStatusLimit(filingStatus));
  72       expect(f.getValue(tr, '15')).toBe(filingStatusToResult[filingStatus]);
  73       expect(f.getValue(tr, '16')).toBe(5555);
  74       expect(f.getValue(tr, '17')).toBe(5555 * 0.038);
  75
  76       expect(tr.getForm(Schedule2).getValue(tr, '8')).toBe(5555 * 0.038);
  77     });
  78   }
  79 });
  80
  81 describe('no net investment income tax', () => {
  82   for (const filingStatus of Object.values(FilingStatus)) {
  83     test(`filing status ${filingStatus}`, () => {
  84       const p = Person.self('A');
  85       const tr = new TaxReturn();
  86       tr.addForm(new Form1040({ filingStatus }));
  87       tr.addForm(new Form1099DIV({
  88         payer: 'Brokerage',
  89         payee: p,
  90         ordinaryDividends: 2000,
  91         qualifiedDividends: 1500,
  92         totalCapitalGain: 55
  93       }));
  94       tr.addForm(new Form1099INT({
  95         payer: 'Bank',
  96         payee: p,
  97         interest: 3000
  98       }));
  99       tr.addForm(new Form1099B({
 100         payer: 'Brokerage',
 101         payee: p,
 102         description: '100 VTI',
 103         proceeds: 4000,
 104         costBasis: 3500,
 105         gainType: GainType.LongTerm,
 106         basisReportedToIRS: true
 107       }));
 108       tr.addForm(new Form8949);
 109       tr.addForm(new ScheduleD);
 110       tr.addForm(new W2({
 111         employer: 'Acme',
 112         employee: p,
 113         wages: 70000,
 114         fedIncomeTax: 0,
 115         medicareWages: 0,
 116         medicareTax: 0,
 117       }));
 118       tr.addForm(new Form8959);
 119       tr.addForm(new Schedule2);
 120
 121       const f = new Form8960();
 122       tr.addForm(f);
 123
 124       expect(f.getValue(tr, '17')).toBe(0);
 125       expect(tr.getForm(Schedule2).getValue(tr, '8')).toBe(0);
 126     });
 127   }
 128 });