Table 3.5--1996 Individual Income Tax Returns with Modified Taxable Income: Tax Generated, by Rate and by Size of Adjusted Gross
Income
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Number of Tax generated at specific rate
returns with Taxable Modified Tax 15 percent (from Form 8814) 15 percent
Size of adjusted gross income modified income taxable generated Number Income Tax Number
taxable income at all rates of taxed generated of
income returns at rate at rate returns
(1) (2) (3) (4) (5) (6) (7) (8)
Total.......................................................................... 96,513,834 3,089,667,206 3,090,039,998 666,574,904 178,536 117,281 17,652 96,490,443
Under $2,000............................................................. 1,297,522 511,996 513,119 81,957 1,414 978 147 1,295,056
$2,000 under $4,000................................................. 1,381,223 1,041,212 1,048,985 191,096 - - - 1,381,223
$4,000 under $6,000................................................. 1,841,786 2,142,923 2,153,968 342,525 *1,231 *592 *89 1,840,555
$6,000 under $8,000................................................. 2,708,278 4,283,500 4,284,044 650,262 *1,241 *592 *89 2,705,831
$8,000 under $10,000............................................... 3,279,844 8,635,974 8,637,941 1,308,655 *3,710 *2,054 *308 3,276,135
$10,000 under $12,000............................................. 3,438,735 13,740,210 13,740,913 2,066,940 *1,330 *865 *130 3,436,175
$12,000 under $14,000............................................. 3,886,509 18,418,004 18,418,368 2,776,060 *345 *166 *25 3,884,933
$14,000 under $16,000............................................. 4,515,126 25,700,069 25,701,028 3,863,139 *1,538 *670 *100 4,514,819
$16,000 under $18,000............................................. 4,427,739 32,061,961 32,064,934 4,824,118 *2,484 *2,415 *364 4,427,739
$18,000 under $20,000............................................. 4,129,358 36,986,796 36,987,120 5,557,164 *10 *1 - 4,128,127
$20,000 under $25,000............................................. 9,437,226 110,948,882 110,951,691 16,652,891 *4,861 *2,098 *314 9,435,601
$25,000 under $30,000............................................. 7,954,192 128,039,290 128,044,544 19,253,299 *6,091 *1,730 *260 7,952,294
$30,000 under $40,000............................................. 12,481,128 273,188,362 273,225,353 42,845,950 13,339 9,798 1,474 12,481,128
$40,000 under $50,000............................................. 9,506,924 284,066,359 284,102,427 46,663,357 8,379 6,559 985 9,505,812
$50,000 under $75,000............................................. 14,300,120 609,539,151 609,617,130 105,754,831 36,445 17,099 2,575 14,299,000
$75,000 under $100,000........................................... 5,797,564 365,077,448 365,134,394 73,816,834 21,339 18,190 2,737 5,796,539
$100,000 under $200,000......................................... 4,609,154 467,738,769 467,813,998 110,330,516 39,441 24,560 3,696 4,608,633
$200,000 under $500,000......................................... 1,197,120 296,724,135 296,763,844 87,893,139 27,544 21,957 3,308 1,196,603
$500,000 under $1,000,000...................................... 213,523 128,864,381 128,872,992 43,745,287 5,305 4,764 718 213,522
$1,000,000 or more................................................... 110,762 281,957,786 281,963,207 97,956,884 2,488 2,193 330 110,720
Tax generated at specific rate
28 percent 28 percent (capital gains) 31 percent
Size of adjusted gross income
Number Income Tax Number Income Tax Number Income
of taxed generated of taxed generated of taxed
returns at rate at rate returns at rate at rate returns at rate
(11) (12) (13) (14) (15) (16) (17) (18)
Total.......................................................................... 27,911,145 577,646,953 161,741,147 2,434,556 168,059,235 47,056,581 4,351,948 137,609,191
Under $2,000............................................................. - - - - - - - -
$2,000 under $4,000................................................. - - - - - - - -
$4,000 under $6,000................................................. - - - - - - - -
$6,000 under $8,000................................................. - - - - - - - -
$8,000 under $10,000............................................... - - - - - - - -
$10,000 under $12,000............................................. - - - - - - - -
$12,000 under $14,000............................................. - - - - - - - -
$14,000 under $16,000............................................. - - - - - - - -
$16,000 under $18,000............................................. - - - - - - - -
$18,000 under $20,000............................................. - - - - - - - -
$20,000 under $25,000............................................. *6,215 *5,773 *1,616 - - - - -
$25,000 under $30,000............................................. 159,104 312,568 87,519 - - - - -
$30,000 under $40,000............................................. 3,621,031 14,255,792 3,991,622 - - - - -
$40,000 under $50,000............................................. 2,969,240 31,061,413 8,697,196 - - - - -
$50,000 under $75,000............................................. 9,462,830 108,017,216 30,244,820 88,414 786,123 220,110 255,659 976,418
$75,000 under $100,000........................................... 5,675,521 135,431,338 37,920,775 221,372 2,768,110 775,060 482,915 6,531,718
$100,000 under $200,000......................................... 4,537,694 209,505,711 58,661,599 1,196,565 18,833,534 5,273,398 2,183,411 58,175,453
$200,000 under $500,000......................................... 1,167,426 62,419,020 17,477,326 699,570 29,734,223 8,325,585 1,123,876 56,291,619
$500,000 under $1,000,000...................................... 206,740 11,047,974 3,093,433 145,454 19,914,687 5,576,112 202,359 10,328,657
$1,000,000 or more................................................... 105,345 5,590,147 1,565,241 83,182 96,022,559 26,886,316 103,729 5,305,326
Footnotes at end of table
Table 3.5--1996 Individual Income Tax Returns with Modified Taxable Income: Tax Generated, by Rate and by Size of Adjusted Gross
Income--Continued
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Tax generated at specific rate
36 percent 39.6 percent Form 8615
Size of adjusted gross income
Number Income Tax Number Income Tax Number Income
of taxed generated of taxed generated of taxed
returns at rate at rate returns at rate at rate returns at rate
(20) (21) (22) (23) (24) (25) (26) (27)
Total.......................................................................... 1,665,634 118,430,023 42,634,808 624,601 239,625,521 94,891,706 364,783 1,889,435
Under $2,000............................................................. - - - - - - 120,797 37,860
$2,000 under $4,000................................................. - - - - - - 142,891 236,309
$4,000 under $6,000................................................. - - - - - - 36,329 127,967
$6,000 under $8,000................................................. - - - - - - 16,599 95,225
$8,000 under $10,000............................................... - - - - - - *9,679 *72,563
$10,000 under $12,000............................................. - - - - - - *4,923 *46,857
$12,000 under $14,000............................................. - - - - - - *7,361 *86,093
$14,000 under $16,000............................................. - - - - - - *3,693 *48,458
$16,000 under $18,000............................................. - - - - - - *5,569 *86,373
$18,000 under $20,000............................................. - - - - - - *3,669 *59,361
$20,000 under $25,000............................................. - - - - - - *3,669 *71,787
$25,000 under $30,000............................................. - - - - - - *1,112 *28,123
$30,000 under $40,000............................................. - - - - - - *3,578 *114,753
$40,000 under $50,000............................................. - - - - - - *1,112 *46,906
$50,000 under $75,000............................................. - - - - - - *1,112 *62,077
$75,000 under $100,000........................................... 9,882 95,919 34,531 - - - *1,025 *83,644
$100,000 under $200,000......................................... 321,567 5,402,463 1,944,887 3,035 86,769 34,361 *521 *73,739
$200,000 under $500,000......................................... 1,034,683 78,581,425 28,289,313 338,201 23,805,298 9,426,898 *1,027 *230,423
$500,000 under $1,000,000...................................... 197,637 22,641,175 8,150,823 185,958 56,837,029 22,507,463 - -
$1,000,000 or more................................................... 101,864 11,709,041 4,215,255 97,408 158,896,424 62,922,984 118 280,919
* Estimate should be used with caution because of the small number of sample returns on which it is based.
** Data combined to prevent disclosure of information for specific taxpayers.
NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income, 1996 Individual Tax Returns, Publication 1304 (Rev. 3 - 99).
ate
15 percent
Income Tax
taxed generated
at rate at rate
(9) (10)
1,846,662,359 276,999,354
474,281 71,142
812,676 121,901
2,025,408 303,811
4,188,228 628,234
8,563,323 1,284,498
13,693,191 2,053,979
18,332,110 2,749,816
25,651,901 3,847,785
31,976,147 4,796,422
36,927,758 5,539,164
110,872,033 16,630,805
127,702,123 19,155,318
258,845,009 38,826,751
252,987,549 37,948,132
499,758,196 74,963,729
220,205,475 33,030,821
175,711,770 26,356,765
45,679,878 6,851,982
8,098,706 1,214,806
4,156,598 623,490
ercent
Tax
generated
at rate
(19)
42,658,849
-
-
-
-
-
-
-
-
-
-
-
-
-
-
302,690
2,024,833
18,034,390
17,450,402
3,201,884
1,644,651
Tax
generated
at rate
(28)
572,132
10,578
69,087
38,587
21,889
*23,741
*12,687
*26,116
*15,102
*27,199
*17,904
*19,933
*10,009
*25,927
*16,885
*20,808
*27,947
*21,042
*68,111
-
98,580