Summary of the Latest Federal Income Tax Data Based on Tax Year ...

Summary of the Latest Federal Income Tax Data, 2024 Update

Taxpayers reported more than $14.7 trillion in AGI on 153.5 million tax returns in 2021, an increase of nearly $2.2 trillion in AGI and a decrease of 3.9 ...

Summary of the Latest Federal Income Tax Data, 2023 Update

Reported Income and Taxes Paid Increased in Tax Year 2020 ... Taxpayers reported more than $12.5 trillion in AGI on 157.5 million tax returns in ...

SOI Tax Stats - IRS Data Book | Internal Revenue Service

The PDF version of this year's Data Book PDF offers additional graphs in each section for easier understanding of all the hard work the IRS ...

Statistics | Internal Revenue Service

... data that describe and measure elements of the U.S. tax system. Check out What's new. Business tax statistics. Corporations · International ...

Summary of the Latest Federal Income Tax Data Based on Tax Year ...

The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 ...

How much revenue has the US government collected this year?

Since federal taxes are based on a percentage of income for people and businesses, as people and businesses earn more the federal revenue from taxes increases.

America's Finance Guide | U.S. Treasury Fiscal Data

The primary source of revenue for the U.S. government in 2023 was Individual Income Taxes. Learn more about government revenue. Spending. In fiscal year 2024, ...

Who does and doesn't pay federal income tax in the U.S.

All told, the federal government expects to collect about $2.33 trillion in individual income taxes this year, accounting for nearly half (48.5 ...

Tax - Economic Data Series | FRED | St. Louis Fed

14,986 Series · Corporate Profits After Tax (without IVA and CCAdj) · Federal government current tax receipts · U.S Individual Income Tax: Tax Rates for Regular ...

What Is the Average Federal Individual Income Tax Rate on the ...

In our primary analysis, we estimate an average Federal individual income tax rate of 8.2 percent for the period 2010-2018. We also present ...

Taxes | Congressional Budget Office

CBO projects future federal revenues under current law, estimates the distribution of income and federal taxes, and analyzes the effects of various features of ...

Data on Taxation Trends - European Commission

New data updated in March 2024 including tax revenue data up to 2022. Page ... The developments in recent years suggest a small shift from taxes on ...

Government Taxes (State Tax Collections/ Quarterly Tax Revenues)

State and local government tax collections by major tax category including property, income and sales taxes.

U.S. Bureau of Economic Analysis (BEA)

Personal income increased $50.5 billion (0.2 percent at a monthly rate) in August. Disposable personal income —personal income less personal current taxes— ...

These 19 Fortune 100 Companies Paid Next to Nothing—or Nothing ...

... for fiscal years that ended during 2021. Effective tax rates were calculated by dividing the current U.S. federal income tax expense that ...

The Earned Income Tax Credit (EITC) - CRS Reports

According to the most recent IRS data, for 2020 ... Notes: The IRS data used in these estimates are based on the year of the tax return.

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal ...

In recent years, the median American household earned about $70,000 annually and paid 14% in federal taxes. The highest income tax rate, 37%, ...

Who Pays Income Taxes? - Foundation - National Taxpayers Union

The IRS's Statistics of Income division publishes annual data showing the share of taxes paid by taxpayers across ranges of Adjusted Gross Income (AGI). The ...

Taxation - Our World in Data

Taxation is, by and large, the most important source of government revenue in nearly all countries. We begin this topic page by providing an overview of ...

2024 Tax Brackets: Find Your Federal Tax Rate Schedules - TurboTax

These tax brackets determine how much you'll pay on your taxable income for that year. Each year, tax brackets are adjusted based on inflation.