Tax Returns of Individuals: Statistical Charts for the Five Most Recent Years

This report provides answers to some of the most frequently asked questions concerning the federal individual income tax, including the number of returns filed, average tax per return, and income tax as percentage of adjusted gross income. This report will be updated as the Internal Revenue Service (IRS) releases new or revised statistics.

Order Code RS20397 Updated December 12, 2002 CRS Report for Congress Received through the CRS Web Tax Returns of Individuals: Statistical Charts for the Five Most Recent Years Arnold D. Solomon Information Research Specialist Information Research Division Summary These basic statistics provide answers to some of the most frequently asked questions concerning the federal individual income tax, including the number of returns filed, average tax per return, and income tax as percentage of adjusted gross income. This report will be updated as the Internal Revenue Service (IRS) releases new or revised statistics. The statistics provided by this report answer some of the most frequently requested information on the federal individual income tax data, including: ! ! ! ! Number of tax returns filed, Total taxes collected, Average tax per tax return by adjusted gross income, and Federal income tax as a percentage of adjusted gross income. The Internal Revenue Service uses adjusted gross income (AGI) in its statistical reports. AGI is gross income of taxpayers (single, joint filers, or head of household) less qualified adjustments. Examples of these adjustments include payments to retirement plans such as Keogh or IRA, forfeited interest penalties, and alimony payments. The statistics in this report, for tax years 1996-2000, are published in the IRS’s Statistics of Income Bulletin. The IRS released the 2000 preliminary figures in October 2002. For more detailed definitions of tax terms, see CRS Report RL30110, Federal Individual Income Tax Terms: An Explanation. Note that the number of tax returns filed is not the same as the estimated number of taxpayers, since it is not possible with joint returns to determine if all income was earned by one spouse or if both spouses contributed to family income. For more information on the number of taxpayers, see CRS Report RS20322, Number of Federal Individual Income Taxpayers: Fact Sheet. The IRS Web site for data and reports on individual income tax is [http://www.irs.ustreas.gov/prod/tax_stats/ind.html]. Congressional Research Service ˜ The Library of Congress CRS-2 Table 1. Individual Federal Income Tax Statistics for 20001 Size of Adjusted Gross Income Total Number of Tax Returns Average Tax (whole dollars) Tax as Percentage of AGI 129,271,972 $ 10,075 16.2 a Total Income Tax (in thousands of dollars) $ 976,312,472 84,572 No adjusted gross income 1,043,203 17,186 $1 under $1,000 1,798,565 17 2.0 3,170 $1,000 under $3,000 5,321,164 132 6.8 123,084 $3,000 under $5,000 5,549,573 174 4.1 197,075 $5,000 under $7,000 5,195,347 292 4.9 507,085 $7,000 under $9,000 4,981,121 327 4.1 762,848 $9,000 under $11,000 5,078,434 464 4.7 1,290,347 $11,000 under $13,000 4,866,961 703 5.9 1,902,022 $13,000 under $15,000 4,814,459 878 6.3 2,544,855 $15,000 under $17,000 4,801,087 1,049 6.6 3,191,952 $17,000 under $19,000 4,634,564 1,276 7.1 3,860,330 $19,000 under $22,000 6,502,674 1,563 7.6 7,069,399 $22,000 under $25,000 5,758,715 1,816 7.7 8,281,992 $25,000 under $30,000 8,381,914 2,245 8.2 16,423,653 $30,000 under $40,000 13,560,113 3,090 8.9 40,280,572 $40,000 under $50,000 10,397,908 4,457 10.0 45,627,870 $50,000 under $75,000 17,087,622 6,820 11.1 115,824,407 $75,000 under $100,000 8,642,424 11,645 13.6 100,473,137 $100,000 under $200,000 8,084,251 22,838 17.3 184,502,547 $200,000 under $500,000 2,135,707 68,867 24.0 146,957,804 $500,000 under $1,000,000 396,910 193,272 28.5 76,652,093 $1,000,000 or more 239,258 919,052 28.7 219,751,658 a. In addition to low income taxpayers, this size class includes taxpayers with tax preferences not reflected in adjusted gross income or taxable income subject to the alternative minimum tax. 1 These preliminary statistics are for tax year 2000. CRS-3 Table 2. Individual Federal Income Tax Statistics for 1999 Size of Adjusted Gross Income Total Number of Tax Returns Average Tax (whole dollars) 127,075,145 $ 9,280 Tax as Percentage of AGI 15.7 a Total Income Tax (in thousands of dollars) $ 877,401,489 109,267 No adjusted gross income 1,066,171 22,567 $1 under $1,000 1,814,159 31 3.7 6,961 $1,000 under $3,000 5,921,927 132 7.0 132,455 $3,000 under $5,000 5,613,885 172 4.0 213,939 $5,000 under $7,000 5,220,436 302 5.1 476,423 $7,000 under $9,000 5,102,064 298 3.7 750,385 $9,000 under $11,000 5,068,844 497 5.0 1,419,018 $11,000 under $13,000 4,957,068 719 6.0 1,957,948 $13,000 under $15,000 4,907,020 864 6.2 2,559,387 $15,000 under $17,000 5,022,849 1,054 6.6 3,450,118 $17,000 under $19,000 4,609,314 1,300 7.2 3,906,424 $19,000 under $22,000 6,245,201 1,549 7.5 6,868,131 $22,000 under $25,000 5,873,022 1,832 7.8 8,667,172 $25,000 under $30,000 8,392,768 2,277 8.3 16,944,556 $30,000 under $40,000 13,288,379 3,101 8.9 39,695,871 $40,000 under $50,000 9,870,200 4,462 10.0 43,463,696 $50,000 under $75,000 16,755,560 6,788 11.1 113,204,249 $75,000 under $100,000 7,811,626 11,767 13.7 91,819,100 $100,000 under $200,000 7,104,712 22,855 17.4 162,224,990 $200,000 under $500,000 1,876,561 69,465 24.0 130,273,941 $500,000 under $1,000,000 348,256 192,426 28.4 66,964,769 $1,000,000 or more 205,124 889,445 27.9 182,292,689 a. In addition to low income taxpayers, this size class includes taxpayers with tax preferences not reflected in adjusted gross income or taxable income subject to the alternative minimum tax. CRS-4 Table 3. Individual Federal Income Tax Statistics for 1998 Size of Adjusted Gross Income Total No adjusted gross income Number of Tax Returns Average Tax (whole dollars) 124,770,662 $ 8,475 Tax as Percentage of AGI 15.3 a Total Income Tax (in thousands of dollars) $ 788,541,979 90,071 994,831 24,436 $1 under $1,000 1,849,715 17 2.0 3,802 $1,000 under $3,000 5,753,130 134 7.2 131,969 $3,000 under $5,000 5,615,170 162 3.8 210,535 $5,000 under $7,000 5,249,594 290 5.0 473,061 $7,000 under $9,000 5,109,571 291 3.6 754,343 $9,000 under $11,000 5,312,792 484 4.8 1,451,190 $11,000 under $13,000 5,085,494 712 5.9 2.037,626 $13,000 under $15,000 5,215,361 875 6.2 2,737,689 $15,000 under $17,000 4,814,944 1,088 6.8 3,435,085 $17,000 under $19,000 4,638,105 1,309 7.3 4,130,629 $19,000 under $22,000 6,513,694 1,547 7.5 7,319,814 $22,000 under $25,000 5,857,794 1,873 8.0 8,964,596 $25,000 under $30,000 8,192,495 2,278 8.3 16,993,257 $30,000 under $40,000 13,135,034 3,157 9.1 40,347,682 $40,000 under $50,000 9,973,659 4,538 10.1 44,814,558 $50,000 under $75,000 15,886,502 6,876 11.3 108,921,128 $75,000 under $100,000 7,221,303 11,810 13.8 85,209,357 $100,000 under $200,000 6,226,258 22,947 17.5 143,720,694 $200,000 under $500,000 1,606,186 69,496 24.1 111,545,246 $500,000 under $1,000,000 307,020 190,608 28.2 58,482,844 $1,000,000 or more 172,004 853,981 27.5 146,766,804 a. In addition to low income taxpayers, this size class includes taxpayers with tax preferences not reflected in adjusted gross income or taxable income subject to the alternative minimum tax. CRS-5 Table 4. Individual Federal Income Tax Statistics for 1997 Size of Adjusted Gross Income Total No adjusted gross income Number of Tax Returns Average Tax (whole dollars) 122,421,991 $ 7,824 Tax as Percentage of AGI 15.3 a Total Income Tax (in thousands of dollars) $ 731,321,399 111,358 918,707 17,190 $1 under $1,000 2,011,837 57 7.0 20,072 $1,000 under $3,000 6,108,214 105 5.5 179,029 $3,000 under $5,000 5,815,828 146 3.6 260,638 $5,000 under $7,000 5,467,129 295 4.9 483,643 $7,000 under $9,000 5,199,290 294 3.6 833,370 $9,000 under $11,000 5,424,092 517 5.2 1,655,290 $11,000 under $13,000 5,248,145 728 6.1 2,262,413 $13,000 under $15,000 5,249,717 875 6.2 2,909,606 $15,000 under $17,000 4,780,544 1,110 6.9 3,481,162 $17,000 under $19,000 4,456,200 1,321 7.3 3,934,381 $19,000 under $22,000 6,450,536 1,528 7.5 7,854,641 $22,000 under $25,000 5,951,270 1,887 8.0 9,402,832 $25,000 under $30,000 8,064,922 2,373 8.6 18,688,572 $30,000 under $40,000 12,956,742 3,344 9.6 43,078,976 $40,000 under $50,000 9,787,857 4,797 10.7 46,713,703 $50,000 under $75,000 15,180,241 7,281 11.9 110,278,865 $75,000 under $100,000 6,454,920 12,438 14.5 80,166,627 $100,000 under $200,000 5,377,899 23,495 17.9 126,267,568 $200,000 under $500,000 1,401,734 71,037 24.6 99,511,646 $500,000 under $1,000,000 261,708 196,119 29.1 51,290,896 $1,000,000 or more 144,459 844,813 28.8 121,936,110 a. In addition to low income taxpayers, this size class includes taxpayers with tax preferences not reflected in adjusted gross income or taxable income subject to the alternative minimum tax. CRS-6 Table 5. Individual Federal Income Tax Statistics for 1996 Size of Adjusted Gross Income Total No adjusted gross income Number of Tax Returns Average Tax (whole dollars) 120,351,208 $ 7,239 Tax as Percentage of AGI 16.4 a Total Income Tax (in thousands of dollars) $ 658,244,750 120,584 909,440 26,820 $1 under $1,000 2,351,018 25 3.0 9,452 $1,000 under $3,000 6,471,694 96 5.1 152,629 $3,000 under $5,000 6,049,645 144 3.5 267,845 $5,000 under $7,000 5,397,531 275 4.5 425,565 $7,000 under $9,000 5,469,549 292 3.6 888,645 $9,000 under $11,000 5,437,993 534 5.3 1,694,909 $11,000 under $13,000 5,202,093 737 6.2 2,203,176 $13,000 under $15,000 5,316,327 883 6.3 3,058,744 $15,000 under $17,000 4,919,300 1,146 7.2 3,803,026 $17,000 under $19,000 4,597,121 1,361 7.5 4,546,472 $19,000 under $22,000 6,210,228 1,567 7.6 7,879,722 $22,000 under $25,000 5,609,256 1,885 8.0 9,493,170 $25,000 under $30,000 8,061,651 2,379 8.7 18,810,892 $30,000 under $40,000 12,549,433 3,400 9.8 42,380,168 $40,000 under $50,000 9,538,700 4,872 10.9 46,269,147 $50,000 under $75,000 14,322,850 7,338 12.1 104,909,151 $75,000 under $100,000 5,801,418 12,647 14.7 73,320,894 $100,000 under $200,000 4,612,554 23,827 18.2 109,837,768 $200,000 under $500,000 1,198,671 73,201 25.3 87,686,891 $500,000 under $1,000,000 213,823 203,734 30.1 43,529,845 $1,000,000 or more 110,912 874,968 30.9 96,956,057 a. In addition to low income taxpayers, this size class includes taxpayers with tax preferences not reflected in adjusted gross income or taxable income subject to the alternative minimum tax.