I’m attempting to calculate an approximation of household disposable income in CPS by subtracting a variety of taxes, subsidies and benefits (hhincome - fedtax - statetax + eitcred + stimulus + stampval + ctccrd + actccrd) from hhincome (household income). I am worried that I am missing an important tax, benefit, etc. (e.g. property taxes) because it’s unclear to me what taxes fall under fedtax and statetax.
Can someone please let me know if property tax is counted under state tax and if there are other major taxes and benefits that I may be overlooking?
Thanks in advance