Department Of the Treasury Internal Revenue Service
Individual Income Tax Returns 2006
Publication 1304 (Rev. 07-2008)
Douglas H. Shulman Commissioner Mark J. Mazur Director, Research, Analysis and Statistics Thomas B. Petska Director, Statistics of Income Division David P. Paris Chief, Individual Statistics Branch
This report contains data on sources of income, adjusted gross income, exemptions, deductions, taxable income, income tax, modified income tax, tax credits, self-employment tax, and tax payments. Classifications are by tax status, size of adjusted gross income, marital status, and type of tax computation. Additional unpublished information from individual income tax returns is available on a reimbursable basis. The Statistics of Income Division also makes the results of its studies available on the Internet. You can sample our products by visiting our Internet site at http://www.irs.gov/taxstats. Most of the tables included in this publication are available on the Internet site in Microsoft Excel format. The Statistics of Income Division’s Statistical Information Services (SIS) staff provides data, statistical analysis, and information in response to requests from customers. In addition, the SIS staff provides data referral services, acts as liaison between requesters and IRS analysts on technical questions, and arranges for sales and transmittals of publications and published tables. The SIS staff can be reached by telephone on (202) 874-0410, or by fax on (202) 874-0922.
Citation: Statistics of Income--2006 Individual Income Tax Returns Internal Revenue Service Washington, DC
Contents
Section 1
Introduction and Changes in Law Requirements for Filing ........................................................................................................10 Changes in Law ....................................................................................................................12 . The 1979 Income Concept ....................................................................................................14 Comparison of Adjusted Gross Income with 1979 Income Concept.....................................19
Page
Section 2
Description of the Sample Domain of Study ................................................................................................................. 23 Sample Design and Selection ............................................................................................. 23 . Data Capture and Cleaning ................................................................................................. 24 Method of Estimation ......................................................................................................... 24 Sampling Variability and Confidence Intervals .................................................................. 24 Table Presentation ............................................................................................................... 25
Section 3
Basic Tables Part 1—Returns Filed and Sources of Income ................................................................... 31 . Part 2—Exemptions and Itemized Deductions ................................................................... 75 Part 3—Tax Computation ................................................................................................... 101
Section 4
Explanation of Terms ............................................................................................................... 131
Section 5
2006 Forms ............................................................................................................................. 163
Section 6
Index ....................................................................................................................................... 261
Section 1
Introduction and Changes in Law
Introduction
This report contains complete individual income tax data for Tax Year 2006. The statistics are based on a stratified probability sample of individual income tax returns, selected before audit, which represents a population of over 138 million Forms 1040, 1040A, and 1040EZ, including electronic returns, filed for Tax Year 2006. Table A on the following pages presents selected income and tax items for Tax Years 2002 through 2006 as they appear on the forms and provides the percentage change for each item between 2005 and 2006. When comparing income and tax items from different years, it is important to consider any changes in the tax law, which may have affected the data. These tax law changes are explained below. To assist year-toyear comparisons, Table A includes the items in both current dollars and constant 1990 dollars, as adjusted by the U.S. Department of Labor’s consumer price index (CPI-U).
For Tax Year 2006, the number of individual tax returns filed increased by just over 4.0 million, or 3.0 percent. Adjusted gross income (AGI) rose $608.3 billion, or 8.2 percent from 2005 to 2006, compared to the 9.3 percent increase recorded from 2004 to 2005. Total tax liability increased 9.3 percent to $1.1 trillion. Several components of AGI showed large increases between 2005 and 2006. The most notable of these were net capital gains less loss, which increased 16.3 percent, and taxable interest, which increased 37.1 percent. This report is divided into six sections. Section 1 explains the requirements for filing, changes in the law for 2006, and the 1979 Income Concept. Section 2 describes the sample of individual income tax returns upon which the statistics are based. Section 3 contains tables of detailed aggregate statistics on individual tax returns. Within this section, tables classified by the age of the taxpayer has been introduced for the first time. These tables (1.5, 2.6, and 3.7) are the initial
Justin Bryan and Michael Parisi were responsible for the text and production of this report. This report was prepared under the direction of Jeff Hartzok, Chief, Individual Returns Analysis Section, Individual Statistics Branch.
Individual Returns 006
[All figures are estimates based on samples--money amounts are in thousands of dollars] Item
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars [1]
Current dollars 2002 (1) 2003 (2) 130,423,626 61,154,815 80,420,043 30,472,170 29,631,494 18,910,697 20,372,089 * 11,771,948 110,890,993 4,649,900,493 59,459,344 127,159,692 4,524,955 53,750,230 30,475,097 115,141,232 22,449,379 80,994,736 24,655,907 23,425,623 431,368 6,470,712 19,415,648 229,655,285 21,889,687 294,021,717 1,095,371 332,293 1,753,860 -330,359 9,240,253 120,948,781 8,611,702 88,335,605 24,767,067 565,420,626 22,822,842 372,931,442 14,824,475 295,698,600 1,997,116 -12,371,492 10,065,230 44,007,879 14,120,202 214,011,279 10,975,002 97,768,201 2004 (3) 132,226,042 68,380,152 80,603,689 34,900,171 30,572,631 20,771,324 21,049,722 * 12,708,657 112,369,812 4,921,806,344 57,605,888 125,474,158 4,416,851 52,031,763 30,687,178 146,838,808 24,549,867 110,500,411 23,621,296 22,735,928 439,608 7,262,338 20,252,079 247,217,287 22,388,659 471,735,648 2,878,263 1,925,990 1,749,934 2,502,516 9,516,936 131,491,539 8,913,846 101,672,181 25,130,018 627,664,241 23,123,390 394,285,849 15,191,999 357,378,135 2,004,898 -13,239,205 9,094,911 32,740,272 14,759,589 231,873,220 11,691,859 110,462,387 2005 (4) 134,372,678 73,471,852 81,497,559 39,465,536 31,326,141 22,224,396 21,548,977 11,781,921 114,070,880 5,155,407,373 59,249,357 162,432,720 4,497,973 57,693,924 31,175,376 166,482,004 25,853,686 118,980,474 22,110,769 22,204,760 457,488 7,979,270 21,057,329 269,701,056 22,040,458 663,057,140 4,155,219 4,958,078 1,777,203 3,662,932 10,024,085 146,906,503 9,387,189 112,277,199 25,352,088 685,308,391 23,247,374 420,144,855 15,510,991 447,047,895 1,981,249 -12,168,786 7,887,700 27,857,367 15,510,458 252,239,705 12,660,754 124,829,069 2006 (5) 138,394,754 80,095,643 83,805,545 43,470,129 32,018,556 23,888,067 ** 22,570,653 12,737,447 116,379,376 5,469,370,119 62,401,235 222,707,445 6,038,822 72,970,971 31,619,775 199,359,146 26,584,184 137,195,800 22,964,214 24,206,006 441,514 8,120,381 21,656,409 281,527,260 22,069,069 771,045,623 4,599,135 8,416,731 1,778,803 4,201,647 10,635,115 165,503,242 9,965,065 124,705,552 26,511,367 780,831,489 24,098,220 450,454,465 15,624,588 466,087,829 1,958,273 -15,331,319 7,378,438 26,523,665 20,609,364 339,754,476 13,749,185 144,403,839 Percent change, 2005 to 2006 (6) 3.0 9.0 2.8 10.1 2.2 7.5 4.7 8.1 2.0 6.1 5.3 37.1 34.3 26.5 1.4 19.7 2.8 15.3 3.9 9.0 -3.5 1.8 2.8 4.4 0.1 16.3 10.7 69.8 0.1 14.7 6.1 12.7 6.2 11.1 4.6 13.9 3.7 7.2 0.7 4.3 -1.2 -26.0 -6.5 -4.8 32.9 34.7 8.6 15.7
All returns Electronically filed returns Form 1040 returns Electronically filed returns Form 1040A returns Electronically filed returns Form 1040EZ returns Electronically filed returns Salaries and wages Number of returns Amount Taxable interest received Number of returns Amount Tax-exempt interest Number of returns Amount Ordinary dividends in AGI Number of returns Amount Qualified dividends in AGI Number of returns Amount State income tax refund Number of returns Amount Alimony received Number of returns Amount Business or profession net income, less loss Number of returns Amount Net capital gain in AGI less loss Number of returns Amount Capital gain distributions reported on Form 1040 Number of returns Amount Sales of property other than capital assets, net gain less loss Number of returns Amount Total IRA distributions Number of returns Amount Taxable IRA distributions in AGI Number of returns Amount Total pensions and annuities Number of returns Amount Taxable pensions and annuities in AGI Number of returns Amount Rents, royalties, partnerships, estates, trusts, etc. Number of returns Amount Farm net income less loss Number of returns Amount Unemployment compensation in AGI Number of returns Amount Social security benefits (received) Number of returns Amount Taxable social security benefits in AGI Number of returns Amount Footnotes at end of table.
130,076,443 52,798,823 80,748,948 24,843,419 28,714,328 16,839,599 20,613,167 * 11,115,806 110,938,441 4,559,690,903 63,584,806 149,024,899 4,453,829 54,564,456 31,409,759 103,241,332 N/A N/A 23,838,529 23,875,813 425,963 6,523,019 18,597,305 220,783,572 23,249,625 238,368,458 939,523 420,312 1,728,377 -2,386,530 8,889,787 120,418,135 8,291,357 88,219,481 24,857,470 561,031,602 22,794,417 357,840,960 14,683,765 278,192,647 1,995,073 -14,419,719 10,334,639 43,129,155 13,869,265 205,658,281 10,702,502 93,459,494
Introduction and Changes in Law
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Item Current dollars 2002 (1) 316,931 14,936,779 670,081 58,126,147 5,467,631 19,100,950 129,837,130 6,110,746,964 61,118 121,282 2,884,403 712,505 N/A N/A N/A N/A 947,470 2,215,391 14,664,473 18,687,162 3,571,152 10,494,247 1,186,947 16,349,738 804,926 192,750 587,219 7,183,522 3,277,671 9,462,404 6,640,784 4,659,546 N/A N/A 3,444,941 6,154,145 N/A N/A 2,074 54,614 208,348 1,064,125 28,911,078 77,161,432 6,033,585,532 45,647,551 898,047,320 2003 (2) 306,393 15,076,406 712,076 62,824,777 5,703,893 21,289,227 130,171,008 6,294,684,470 67,347 129,214 3,240,673 805,734 N/A N/A N/A N/A 1,023,888 2,439,835 15,373,279 19,791,285 3,802,277 16,454,211 1,208,801 17,795,957 736,121 150,214 587,368 7,520,335 3,418,494 10,006,814 6,953,370 4,409,816 N/A N/A 3,571,154 6,683,631 N/A N/A 1,491 51,765 272,647 1,314,285 30,382,069 87,575,677 6,207,108,793 43,949,591 901,864,834 2004 (3) 295,313 15,446,376 829,838 75,011,556 5,891,550 23,197,673 131,924,074 6,886,851,809 32,334 66,602 3,402,468 858,457 105,135 252,597 90,857 190,732 1,096,436 2,952,043 15,920,203 21,109,366 3,883,687 18,457,063 1,201,332 19,295,952 780,327 209,833 574,001 8,470,128 3,330,763 10,028,607 7,527,249 4,398,734 N/A N/A 4,710,253 10,589,279 N/A N/A 3,352 59,899 188,210 1,107,387 32,153,965 98,046,679 6,788,805,130 46,335,237 998,238,457 2005 (4) 303,940 16,275,890 862,791 79,451,741 6,811,025 26,863,382 134,114,986 7,531,892,210 18,808 41,341 3,503,719 877,796 100,111 285,073 215,781 510,690 1,134,137 3,076,563 16,694,655 22,733,881 3,901,082 19,645,889 1,256,900 21,268,404 805,625 265,870 588,463 8,954,038 3,256,066 12,003,037 8,072,896 5,052,720 N/A N/A 4,696,013 10,846,990 336,959 2,360,983 2,417 70,962 257,014 1,402,311 33,591,124 109,396,547 7,422,495,663 47,755,427 1,121,810,935 2006 (5) 329,264 18,154,653 916,899 80,795,920 6,176,952 29,938,461 137,228,802 8,144,688,302 18,668 35,106 3,166,931 805,568 120,468 368,258 358,968 868,560 1,082,576 3,159,251 17,074,708 23,925,376 3,804,190 20,302,533 1,228,299 22,011,551 1,164,171 429,850 585,286 9,115,764 3,230,531 12,533,506 8,540,900 6,156,865 57,259 51,814 4,015,828 9,620,615 421,128 3,303,121 3,942 83,632 137,296 1,073,988 33,980,524 113,845,357 8,030,842,945 49,123,555 1,229,237,288
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Percent change, 2005 to 2006 (6) 8.3 11.5 6.3 1.7 -9.3 11.4 2.3 8.1 -0.7 -15.1 -9.6 -8.2 20.3 29.2 66.4 70.1 -4.5 2.7 2.3 5.2 -2.5 3.3 -2.3 3.5 44.5 61.7 -0.5 1.8 -0.8 4.4 5.8 21.9 [7] [7] -14.5 -11.3 25.0 39.9 63.1 17.9 -46.6 -23.4 1.2 4.1 8.2 2.9 9.6
Foreign earned income exclusion [2] Number of returns Amount Net operating loss [2] Number of returns Amount Other income, net gain less loss [2] Number of returns Amount Total income Number of returns Amount Archer MSA deduction Number of returns Amount Educator expenses Number of returns Amount Certain business expenses of reservists, performing artists, and fee-basis governement officials Number of returns Amount Health savings account deduction Number of returns Amount Moving expenses Number of returns Amount One-half of self-employment tax Number of returns Amount Self-employed health insurance Number of returns Amount Keogh retirement plan Number of returns Amount Penalty on early withdrawal of savings Number of returns Amount Alimony paid adjustment Number of returns Amount Total taxpayer IRA adjustment Number of returns Amount Student loan interest deduction Number of returns Amount Jury duty pay Number of returns Amount Tuition and fees deduction Number of returns Amount Domestic production activities deduction Number of returns Amount Foreign housing deductions Number of returns Amount Other adjustments Number of returns Amount Total statutory adjustments Number of returns Amount Adjusted gross income or loss (AGI) Amount Total itemized deductions Number of returns Amount Footnotes at end of table.
Individual Returns 006
[All figures are estimates based on samples--money amounts are in thousands of dollars] Item
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Current dollars 2002 (1) 82,655,191 492,067,532 82,655,191 477,170,045 10,857,098 14,897,487 114,976,167 4,760,885,833 258,716,374 761,440,430 102,275,969 4,096,127,651 102,266,930 829,839,121 13,291 153,564 1,910,789 6,853,901 102,293,722 836,842,718 3,748,974 5,933,600 6,185,855 2,706,539 133,538 21,119 6,544,536 5,012,744 5,307,176 1,058,219 N/A N/A 25,939,801 21,520,271 55,905 234,109 284,720 750,855 193,776 976,398 38,846,217 38,747,463 93,565,243 798,095,255 14,664,473 37,367,003 14,684 117,943 2003 (2) 84,643,281 555,780,052 84,643,281 539,921,089 11,200,647 15,858,963 114,402,877 4,873,784,147 261,126,373 781,305,067 101,392,812 4,200,218,439 101,386,201 780,315,781 21,370 222,088 2,357,975 9,469,803 101,412,777 790,005,881 4,145,174 5,805,555 6,313,297 3,206,890 123,147 20,257 7,298,227 5,843,029 5,296,688 1,034,394 N/A N/A 25,672,254 22,788,025 63,980 348,793 262,738 612,744 250,605 916,538 39,247,449 41,069,375 91,109,363 748,936,506 15,373,279 39,574,991 15,797 87,939 2004 (3) 84,016,753 560,932,618 84,016,753 545,082,218 10,985,079 15,850,401 116,042,570 5,360,753,836 263,896,304 800,690,043 102,737,959 4,670,165,637 102,721,593 871,227,853 9,884 85,611 3,096,299 13,029,239 102,740,921 884,342,703 4,700,259 6,757,994 6,316,649 3,337,984 107,914 18,740 7,180,884 6,016,805 5,288,732 1,011,506 N/A N/A 25,988,711 32,300,455 71,136 301,890 248,506 635,391 274,596 902,000 39,841,978 51,599,346 90,876,672 832,743,358 15,920,203 42,210,737 41,161 173,122 2005 (4) 84,841,222 580,747,711 84,841,222 564,186,053 10,996,440 16,561,658 118,115,885 5,859,016,944 269,043,070 839,904,186 104,330,653 5,137,165,874 104,321,332 972,706,955 10,595 23,740 4,004,756 17,421,071 104,345,964 990,151,766 5,398,046 9,361,989 6,500,596 3,462,104 101,627 14,127 7,057,251 6,119,631 5,293,605 944,531 N/A N/A 25,950,568 32,047,620 84,793 319,558 251,386 877,850 290,376 1,081,252 40,526,374 54,571,100 92,343,186 935,580,666 16,694,655 45,459,427 15,206 299,191 2006 (5) 86,583,732 607,464,186 86,583,732 590,487,763 11,261,327 16,976,422 120,676,830 6,340,706,374 275,256,944 891,911,609 106,667,402 5,579,145,443 106,658,774 1,061,247,534 12,787 43,250 3,966,540 21,564,586 106,688,255 1,082,855,370 6,418,317 10,958,470 6,466,792 3,486,637 98,261 14,571 7,725,138 7,022,420 5,192,133 893,957 4,344,189 1,000,149 25,741,511 31,741,551 93,369 351,184 386,681 1,302,464 359,098 1,032,247 44,397,533 58,141,809 94,509,890 1,024,713,561 17,074,708 47,842,244 12,536 320,788 Percent change, 2005 to 2006 (6) 2.1 4.6 2.1 4.7 2.4 2.5 2.2 8.2 2.3 6.2 2.2 8.6 2.2 9.1 20.7 82.2 -1.0 23.8 2.2 9.4 18.9 17.1 -0.5 0.7 -3.3 3.1 9.5 14.8 -1.9 -5.4 [7] [7] -0.8 -1.0 10.1 9.9 53.8 48.4 23.7 -4.5 9.6 6.5 2.3 9.5 2.3 5.2 -17.6 7.2
Total standard deduction Number of returns Amount Basic standard deduction Number of returns Amount Additional standard deduction Number of returns Amount AGI less deductions Number of returns Amount Number of exemptions Exemption amount Taxable income Number of returns Amount Tax from table, rate schedules, etc. Number of returns Amount Additional taxes Number of returns Amount Alternative minimum tax Number of returns Amount Income tax before credits Number of returns Amount Foreign tax credit Number of returns Amount Child care credit Number of returns Amount Credit for elderly or disabled Number of returns Amount Education credits Number of returns Amount Retirement savings contributions credit Number of returns Amount Residential energy credit Number of returns Amount Child tax credit Number of returns Amount Adoption credit Number of returns Amount General business credit Number of returns Amount Prior year minimum tax credit Number of returns Amount Total credits [1][3] Number of returns Amount Income tax less credits [1] Number of returns Amount Self-employment tax Number of returns Amount Recapture taxes Number of returns Amount Footnotes at end of table.
Introduction and Changes in Law
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Item Current dollars 2002 (1) 238,185 31,446 4,896,938 3,498,067 156,376 73,904 229,722 703,931 99,559,612 839,977,103 114,861,744 717,492,263 12,434,579 198,177,595 21,703,187 38,198,572 N/A N/A 10,937,417 6,415,753 1,235,156 36,321,934 1,145,352 1,564,478 19,422 37,701 365,868 101,459 5,322 1,967 N/A N/A 123,462,930 998,311,722 103,462,884 239,784,002 100,143,606 205,987,348 5,418,534 33,796,653 22,818,761 82,287,723 5,149,988 838,341 2003 (2) 557,717 148,746 4,877,670 3,407,940 142,694 66,986 240,601 810,442 97,875,142 793,111,460 114,861,706 703,758,484 11,576,213 182,906,911 22,024,227 38,657,067 N/A N/A 12,570,455 9,112,716 1,333,579 38,303,188 1,121,141 1,566,411 12,717 123,633 349,860 82,154 17,834 32,514 N/A N/A 123,461,513 974,543,079 105,361,848 254,553,541 102,004,984 219,751,889 5,199,186 34,801,652 21,072,333 73,741,408 4,829,886 619,485 2004 (3) 517,609 107,929 4,924,584 3,640,374 142,639 62,360 243,702 885,832 98,115,557 879,962,609 116,312,978 731,734,362 10,996,504 188,770,357 22,270,550 40,024,074 10,024 9,283 14,528,434 14,450,019 1,518,779 59,268,206 1,242,604 1,727,641 9,608 33,754 345,020 86,378 16,314 23,595 N/A N/A 124,989,700 1,036,118,363 103,706,648 255,064,839 100,674,244 221,371,474 4,314,593 33,693,366 24,452,350 99,683,779 5,641,853 774,697 2005 (4) 335,818 79,220 4,822,297 3,820,152 122,078 58,167 228,381 936,858 99,880,223 986,460,793 118,161,380 782,659,594 11,053,213 221,001,524 22,751,904 42,410,290 21,973 328,268 15,219,712 15,495,160 1,627,572 77,833,848 1,383,240 2,023,314 19,812 52,976 340,769 101,712 13,380 27,078 N/A N/A 126,781,067 1,141,605,497 104,778,359 272,110,056 101,870,385 232,975,616 4,055,960 39,134,446 25,659,937 118,232,296 5,882,477 1,266,944 2006 (5) 355,457 73,109 5,148,030 4,347,720 129,124 62,149 225,441 917,524 102,363,945 1,078,601,440 120,500,889 843,094,979 11,128,072 252,998,613 23,042,200 44,387,566 8,323 90,997 15,590,592 16,248,889 1,758,125 86,530,919 1,443,437 2,288,807 84,547 52,199 318,754 85,905 22,397 27,567 96,873,353 4,164,063 134,948,299 1,249,879,508 109,915,823 295,796,995 107,001,071 250,941,390 3,978,421 44,855,606 26,694,105 126,289,889 6,496,924 1,770,962
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Percent change, 2005 to 2006 (6) 5.8 -7.7 6.8 13.8 5.8 6.8 -1.3 -2.1 2.5 9.3 2.0 7.7 0.7 14.5 1.3 4.7 -62.1 -72.3 2.4 4.9 8.0 11.2 4.4 13.1 326.7 -1.5 -6.5 -15.5 67.4 1.8 [7] [7] 6.4 9.5 4.9 8.7 5.0 7.7 -1.9 14.6 4.0 6.8 10.4 39.8
Social security, Medicare tax on tip income not reported Number of returns Amount Tax on qualified retirement plans Number of returns Amount Advanced earned income credit payments Number of returns Amount Household employment taxes Number of returns Amount Total tax liability [1,4] Number of returns Amount Income tax withheld Number of returns Amount Estimated tax payments Number of returns Amount Earned income credit [1] Number of returns Amount Nontaxable combat pay election Number of returns Amount Additional child tax credit Number of returns Amount Payment with an extension request Number of returns Amount Excess social security tax withheld Number of returns Amount Other payments: Form 2439 Number of returns Amount Form 4136 Number of returns Amount Form 8885 [5] Number of returns Amount Federal telephone excise tax credit Number of returns Amount Total payments [1] Number of returns Amount Overpayment, total Number of returns Amount Overpayment refunded Number of returns Amount Refund credited to next year Number of returns Amount Tax due at time of filing Number of returns Amount Tax penalty Number of returns Amount Footnotes at end of table.
6
Individual Returns 006
[All figures are estimates based on samples--money amounts are in thousands of dollars] Item
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Constant 1990 dollars [6] 2002 (7) 2003 (8) 130,423,626 61,154,815 80,420,043 30,472,170 29,631,494 18,910,697 20,372,089 * 11,771,948 110,890,993 3,302,486,146 59,459,344 90,312,281 4,524,955 38,174,879 30,475,097 81,776,443 22,449,379 57,524,670 24,655,907 16,637,516 431,368 4,595,676 19,415,648 163,107,447 21,889,687 208,822,242 1,095,371 236,004 1,753,860 -234,630 9,240,253 85,901,123 8,611,702 62,738,356 24,767,067 401,577,149 22,822,842 264,866,081 14,824,475 210,013,210 1,997,116 -8,786,571 10,065,230 31,255,596 14,120,202 151,996,647 10,975,002 69,437,643 2004 (9) 132,226,042 68,380,152 80,603,689 34,900,171 30,572,631 20,771,324 21,049,722 * 12,708,657 112,369,812 3,406,094,356 57,605,888 86,833,327 4,416,851 36,008,140 30,687,178 101,618,552 24,549,867 76,470,873 23,621,296 15,734,206 439,608 5,025,839 20,252,079 171,084,628 22,388,659 326,460,656 2,878,263 1,332,865 1,749,934 1,731,845 9,516,936 90,997,605 8,913,846 70,361,371 25,130,018 434,369,717 23,123,390 272,862,179 15,191,999 247,320,509 2,004,898 -9,162,080 9,094,911 22,657,628 14,759,589 160,465,896 11,691,859 76,444,558 2005 (10) 134,372,678 73,471,852 81,497,559 39,465,536 31,326,141 22,224,396 21,548,977 11,781,921 114,070,880 3,450,741,214 59,249,357 108,723,373 4,497,973 38,617,084 31,175,376 111,433,738 25,853,686 79,638,871 22,110,769 14,862,624 457,488 5,340,877 21,057,329 180,522,795 22,040,458 443,813,347 4,155,219 3,318,660 1,777,203 2,451,762 10,024,085 98,330,993 9,387,189 75,152,074 25,352,088 458,707,089 23,247,374 281,221,456 15,510,991 299,228,845 1,981,249 -8,145,104 7,887,700 18,646,163 15,510,458 168,835,144 12,660,754 83,553,594 2006 (11) 138,394,754 80,095,643 83,805,545 43,470,129 32,018,556 23,888,067 ** 22,570,653 12,737,447 116,379,376 3,546,932,632 62,401,235 144,427,656 6,038,822 47,322,290 31,619,775 129,286,087 26,584,184 88,972,633 22,964,214 15,697,799 441,514 5,266,136 21,656,409 182,572,802 22,069,069 500,029,587 4,599,135 5,458,321 1,778,803 2,724,804 10,635,115 107,330,248 9,965,065 80,872,602 26,511,367 506,375,804 24,098,220 292,123,518 15,624,588 302,261,887 1,958,273 -9,942,490 7,378,438 17,200,820 20,609,364 220,333,642 13,749,185 93,647,107 Percent change, 2005 to 2006 (12) 3.0 9.0 2.8 10.1 2.2 7.5 4.7 8.1 2.0 2.8 5.3 32.8 34.3 22.5 1.4 16.0 2.8 11.7 3.9 5.6 -3.5 -1.4 2.8 1.1 0.1 12.7 10.7 64.5 0.1 11.1 6.1 9.2 6.2 7.6 4.6 10.4 3.7 3.9 0.7 1.0 -1.2 -22.1 -6.5 -7.8 32.9 30.5 8.6 12.1
All returns Electronically filed returns Form 1040 returns Electronically filed returns Form 1040A returns Electronically filed returns Form 1040EZ returns Electronically filed returns Salaries and wages Number of returns Amount Taxable interest received Number of returns Amount Tax-exempt interest Number of returns Amount Ordinary dividends in AGI Number of returns Amount Qualified dividends in AGI Number of returns Amount State income tax refund Number of returns Amount Alimony received Number of returns Amount Business or profession net income, less loss Number of returns Amount Net capital gain in AGI less loss Number of returns Amount Capital gain distributions reported on Form 1040 Number of returns Amount Sales of property other than capital assets, net gain less loss Number of returns Amount Total IRA distributions Number of returns Amount Taxable IRA distributions in AGI Number of returns Amount Total pensions and annuities Number of returns Amount Taxable pensions and annuities in AGI Number of returns Amount Rents, royalties, partnerships, estates, trusts, etc. Number of returns Amount Farm net income less loss Number of returns Amount Unemployment compensation in AGI Number of returns Amount Social security benefits (received) Number of returns Amount Taxable social security benefits in AGI Number of returns Amount Footnotes at end of table.
130,076,443 52,798,823 80,748,948 24,843,419 28,714,328 16,839,599 20,613,167 * 11,115,806 110,938,441 3,313,728,854 63,584,806 108,302,979 4,453,829 39,654,401 31,409,759 75,030,038 N/A N/A 23,838,529 17,351,608 425,963 4,740,566 18,597,305 160,453,177 23,249,625 173,232,891 939,523 305,459 1,728,377 -1,734,397 8,889,787 87,513,180 8,291,357 64,112,995 24,857,470 407,726,455 22,794,417 260,058,837 14,683,765 202,174,889 1,995,073 -10,479,447 10,334,639 31,343,863 13,869,265 149,460,960 10,702,502 67,921,144
Introduction and Changes in Law
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Item Constant 1990 dollars [6] 2002 (7) 316,931 10,855,217 670,081 42,242,839 5,467,631 13,881,504 129,837,130 4,440,949,828 61,118 88,141 2,884,403 517,809 N/A N/A N/A N/A 947,470 1,610,023 14,664,473 13,580,786 3,571,152 7,626,633 1,186,947 11,882,077 804,926 140,080 587,219 5,220,583 3,277,671 6,876,747 6,640,784 3,386,298 N/A N/A 3,444,941 4,472,489 N/A N/A 2,074 39,690 208,348 773,347 28,911,078 56,076,622 4,384,873,206 45,647,551 652,650,669 2003 (8) 306,393 10,707,675 712,076 44,619,870 5,703,893 15,120,190 130,171,008 4,470,656,584 67,347 91,771 3,240,673 572,254 N/A N/A N/A N/A 1,023,888 1,732,837 15,373,279 14,056,310 3,802,277 11,686,229 1,208,801 12,639,174 736,121 106,686 587,368 5,341,147 3,418,494 7,107,112 6,953,370 3,131,972 N/A N/A 3,571,154 4,746,897 N/A N/A 1,491 36,765 272,647 933,441 30,382,069 62,198,634 4,408,457,950 43,949,591 640,529,001 2004 (9) 295,313 10,689,534 829,838 51,911,111 5,891,550 16,053,753 131,924,074 4,765,987,411 32,334 46,091 3,402,468 594,088 105,135 174,808 90,857 131,994 1,096,436 2,042,936 15,920,203 14,608,558 3,883,687 12,773,054 1,201,332 13,353,600 780,327 145,213 574,001 5,861,680 3,330,763 6,940,212 7,527,249 3,044,107 N/A N/A 4,710,253 7,328,221 N/A N/A 3,352 41,453 188,210 766,358 32,153,965 67,852,373 4,698,135,038 46,335,237 690,822,462 2005 (10) 303,940 10,894,170 862,791 53,180,550 6,811,025 17,980,845 134,114,986 5,041,427,182 18,808 27,671 3,503,719 587,548 100,111 190,812 215,781 341,827 1,134,137 2,059,279 16,694,655 15,216,788 3,901,082 13,149,859 1,256,900 14,235,880 805,625 177,959 588,463 5,993,332 3,256,066 8,034,161 8,072,896 3,382,008 N/A N/A 4,696,013 7,260,368 336,959 1,580,310 2,417 47,498 257,014 938,629 33,591,124 73,223,927 4,968,203,255 47,755,427 750,877,467 2006 (11) 329,264 11,773,446 916,899 52,396,835 6,176,952 19,415,344 137,228,802 5,281,899,029 18,668 22,767 3,166,931 522,418 120,468 238,818 358,968 563,268 1,082,576 2,048,801 17,074,708 15,515,808 3,804,190 13,166,364 1,228,299 14,274,676 1,164,171 278,761 585,286 5,911,650 3,230,531 8,128,084 8,540,900 3,992,779 57,259 33,602 4,015,828 6,239,050 421,128 2,142,102 3,942 54,236 137,296 696,490 33,980,524 73,829,674 5,208,069,355 49,123,555 797,170,744
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Percent change, 2005 to 2006 (12) 8.3 8.1 6.3 -1.5 -9.3 8.0 2.3 4.8 -0.7 -17.7 -9.6 -11.1 20.3 25.2 66.4 64.8 -4.5 -0.5 2.3 2.0 -2.5 0.1 -2.3 0.3 44.5 56.6 -0.5 -1.4 -0.8 1.2 5.8 18.1 [7] [7] -14.5 -14.1 25.0 35.5 63.1 14.2 -46.6 -25.8 1.2 0.8 4.8 2.9 6.2
Foreign earned income exclusion [2] Number of returns Amount Net operating loss [2] Number of returns Amount Other income, net gain less loss [2] Number of returns Amount Total income Number of returns Amount Archer MSA deduction Number of returns Amount Educator expenses Number of returns Amount Certain business expenses of reservists, performing artists, and fee-basis governement officials Number of returns Amount Health savings account deduction Number of returns Amount Moving expenses Number of returns Amount One-half of self-employment tax Number of returns Amount Self-employed health insurance Number of returns Amount Keogh retirement plan Number of returns Amount Penalty on early withdrawal of savings Number of returns Amount Alimony paid adjustment Number of returns Amount Total taxpayer IRA adjustment Number of returns Amount Student loan interest deduction Number of returns Amount Jury duty pay Number of returns Amount Tuition and fees deduction Number of returns Amount Domestic production activities deduction Number of returns Amount Foreign housing deductions Number of returns Amount Other adjustments Number of returns Amount Total statutory adjustments Number of returns Amount Adjusted gross income or loss (AGI) Amount Total itemized deductions Number of returns Amount Footnotes at end of table.
Individual Returns 006
[All figures are estimates based on samples--money amounts are in thousands of dollars] Item
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Constant 1990 dollars [6] 2002 (7) 82,655,191 357,607,218 82,655,191 346,780,556 10,857,098 10,826,662 114,976,167 3,459,946,100 258,716,374 553,372,406 102,275,969 2,976,836,956 102,266,930 603,080,757 13,291 111,602 1,910,789 4,981,033 102,293,722 608,170,580 3,748,974 4,312,209 6,185,855 1,966,961 133,538 15,348 6,544,536 3,642,983 5,307,176 769,055 N/A N/A 25,939,801 15,639,732 55,905 170,137 284,720 545,680 193,776 709,592 38,846,217 28,159,493 93,565,243 580,011,086 14,664,473 27,156,252 14,684 85,714 2003 (8) 84,643,281 394,730,151 84,643,281 383,466,683 11,200,647 11,263,468 114,402,877 3,461,494,423 261,126,373 554,904,167 101,392,812 2,983,109,687 101,386,201 554,201,549 21,370 157,733 2,357,975 6,725,712 101,412,777 561,083,722 4,145,174 4,123,263 6,313,297 2,277,621 123,147 14,387 7,298,227 4,149,879 5,296,688 734,655 N/A N/A 25,672,254 16,184,677 63,980 247,722 262,738 435,188 250,605 650,950 39,247,449 29,168,590 91,109,363 531,915,132 15,373,279 28,107,238 15,797 62,457 2004 (9) 84,016,753 388,188,663 84,016,753 377,219,528 10,985,079 10,969,136 116,042,570 3,709,864,246 263,896,304 554,110,756 102,737,959 3,231,948,538 102,721,593 602,925,850 9,884 59,246 3,096,299 9,016,774 102,740,921 612,001,871 4,700,259 4,676,812 6,316,649 2,310,024 107,914 12,969 7,180,884 4,163,879 5,288,732 700,004 N/A N/A 25,988,711 22,353,256 71,136 208,920 248,506 439,717 274,596 624,221 39,841,978 35,708,890 90,876,672 576,292,981 15,920,203 29,211,583 41,161 119,808 2005 (10) 84,841,222 388,720,021 84,841,222 377,634,574 10,996,440 11,085,447 118,115,885 3,921,698,088 269,043,070 562,184,863 104,330,653 3,438,531,375 104,321,332 651,075,606 10,595 15,890 4,004,756 11,660,690 104,345,964 662,752,186 5,398,046 6,266,392 6,500,596 2,317,339 101,627 9,456 7,057,251 4,096,139 5,293,605 632,216 N/A N/A 25,950,568 21,450,884 84,793 213,894 251,386 587,584 290,376 723,730 40,526,374 36,526,841 92,343,186 626,225,345 16,694,655 30,427,997 15,206 200,262 2006 (11) 86,583,732 393,945,646 86,583,732 382,936,292 11,261,327 11,009,353 120,676,830 4,112,001,540 275,256,944 578,412,198 106,667,402 3,618,122,855 106,658,774 688,227,973 12,787 28,048 3,966,540 13,984,816 106,688,255 702,240,837 6,418,317 7,106,660 6,466,792 2,261,113 98,261 9,449 7,725,138 4,554,099 5,192,133 579,739 2,817,243 648,605 25,741,511 20,584,663 93,369 227,746 386,681 844,659 359,098 669,421 44,397,533 37,705,453 94,509,890 664,535,383 17,074,708 31,026,099 12,536 208,034 Percent change, 2005 to 2006 (12) 2.1 1.3 2.1 1.4 2.4 -0.7 2.2 4.9 2.3 2.9 2.2 5.2 2.2 5.7 20.7 76.5 -1.0 19.9 2.2 6.0 18.9 13.4 -0.5 -2.4 -3.3 -0.1 9.5 11.2 -1.9 -8.3 [7] [7] -0.8 -4.0 10.1 6.5 53.8 43.8 23.7 -7.5 9.6 3.2 2.3 6.1 2.3 2.0 -17.6 3.9
Total standard deduction Number of returns Amount Basic standard deduction Number of returns Amount Additional standard deduction Number of returns Amount AGI less deductions Number of returns Amount Number of exemptions Exemption amount Taxable income Number of returns Amount Tax from table, rate schedules, etc. Number of returns Amount Additional taxes Number of returns Amount Alternative minimum tax Number of returns Amount Income tax before credits Number of returns Amount Foreign tax credit Number of returns Amount Child care credit Number of returns Amount Credit for elderly or disabled Number of returns Amount Education credits Number of returns Amount Retirement savings contributions credit Number of returns Amount Residential energy credit Number of returns Amount Child tax credit Number of returns Amount Adoption credit Number of returns Amount General business credit Number of returns Amount Prior year minimum tax credit Number of returns Amount Total credits [3] Number of returns Amount Income tax less credits [1] Number of returns Amount Self-employment tax Number of returns Amount Recapture taxes Number of returns Amount Footnotes at end of table.
Introduction and Changes in Law
Table A--Selected Income and Tax Items for Selected Years, 2002-2006, in Current and Constant 1990 Dollars--Continued [1]
Item Constant 1990 dollars [6] 2002 2003 2004 2005 2006
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Percent change, 2005 to 2006
(7) (8) (9) (10) (11) (12) Social security, Medicare tax on tip income not reported Number of returns 557,717 517,609 335,818 355,457 5.8 238,185 Amount 22,853 105,643 74,691 53,025 47,412 -10.6 Tax on qualified retirement plans Number of returns 4,896,938 4,877,670 4,924,584 4,822,297 5,148,030 6.8 Amount 2,542,200 2,420,412 2,519,290 2,556,996 2,819,533 10.3 Advanced earned income credit payments Number of returns 156,376 142,694 142,639 122,078 129,124 5.8 Amount 53,709 47,575 43,156 38,934 40,304 3.5 Household employment taxes Number of returns 229,722 240,601 243,702 228,381 225,441 -1.3 Amount 511,578 575,598 613,033 627,080 595,022 -5.1 Total tax liability [1,4] Number of returns 99,559,612 97,875,142 98,115,557 99,880,223 102,363,945 2.5 Amount 610,448,476 563,289,389 608,970,664 660,281,655 699,482,127 5.9 Income tax withheld Number of returns 114,861,744 114,861,706 116,312,978 118,161,380 120,500,889 2.0 Amount 521,433,331 499,828,469 506,390,562 523,868,537 546,754,202 4.4 Estimated tax payments Number of returns 12,434,579 11,576,213 10,996,504 11,053,213 11,128,072 0.7 Amount 144,024,415 129,905,477 130,636,925 147,926,054 164,071,733 10.9 Earned income credit [1] Number of returns 21,703,187 22,024,227 22,270,550 22,751,904 23,042,200 1.3 Amount 27,760,590 27,455,303 27,698,321 28,387,075 28,785,711 1.4 Nontaxable combat pay election Number of returns N/A N/A 10,024 21,973 8,323 -62.1 Amount N/A N/A 6,424 219,724 59,012 -73.1 Additional child tax credit Number of returns 10,937,417 12,570,455 14,528,434 15,219,712 15,590,592 2.4 Amount 4,662,611 6,472,099 10,000,013 10,371,593 10,537,542 1.6 Payment with an extension request Number of returns 1,235,156 1,333,579 1,518,779 1,627,572 1,758,125 8.0 Amount 26,396,754 27,203,969 41,016,060 52,097,622 56,116,030 7.7 Excess social security tax withheld Number of returns 1,145,352 1,121,141 1,242,604 1,383,240 1,443,437 4.4 Amount 1,136,975 1,112,508 1,195,599 1,354,293 1,484,311 9.6 Other payments: Form 2439 Number of returns 19,422 12,717 9,608 19,812 84,547 326.7 Amount 27,399 87,808 23,359 35,459 33,851 -4.5 Form 4136 Number of returns 365,868 349,860 345,020 340,769 318,754 -6.5 Amount 73,735 58,348 59,777 68,080 55,710 -18.2 Form 8885 [5] Number of returns 5,322 17,834 16,314 13,380 22,397 67.4 Amount 1,430 23,092 16,329 18,124 17,877 -1.4 Federal telephone excise tax credit Number of returns N/A N/A N/A N/A 96,873,353 [7] Amount N/A N/A N/A N/A 2,700,430 [7] Total payments [1] Number of returns 123,462,930 123,461,513 124,989,700 126,781,067 134,948,299 6.4 Amount 725,517,240 692,147,073 717,036,929 764,126,839 810,557,398 6.1 Overpayment, total Number of returns 103,462,884 105,361,848 103,706,648 104,778,359 109,915,823 4.9 Amount 174,261,629 180,790,867 176,515,460 182,135,245 191,826,845 5.3 Overpayment refunded Number of returns 100,143,606 102,004,984 100,674,244 101,870,385 107,001,071 5.0 Amount 149,700,108 156,073,785 153,198,252 155,940,841 162,737,607 4.4 Refund credited to next year Number of returns 5,418,534 5,199,186 4,314,593 4,055,960 3,978,421 -1.9 Amount 24,561,521 24,717,082 23,317,208 26,194,408 29,089,239 11.1 Tax due at time of filing Number of returns 22,818,761 21,072,333 24,452,350 25,659,937 26,694,105 4.0 Amount 59,802,124 52,373,159 68,985,314 79,138,083 81,900,058 3.5 Tax penalty Number of returns 5,149,988 4,829,886 5,641,853 5,882,477 6,496,924 10.4 Amount 609,259 439,975 536,122 848,021 1,148,484 35.4 [1] All items correspond to the Form 1040 line items. Therefore, some may differ from the SOI items shown in the Basic Tables in Section 3. N/A = Not applicable. [2] Line 21 on Form 1040 consists of other income minus foreign earned income exclusion and net operating loss. [3] Total credits includes the values for mortgage interest tax credit and "other credits" not tabulated here. [7] Percentage not computed. [4] Total tax liability includes the values for "other taxes" not tabulated here. * Includes Form 1040 Telefile. [5] The data for 2002 cover only the health coverage credit for insurance premiums paid in December 2002. ** Includes 742,859 Form 1040EZ-T returns. [6] Inflation-adjusted data were calculated using the consumer price index from the Bureau of Labor Statistics; based on 1990=100 when 1990 CPI-U = 130.7; 2006 CPI-U = 201.6; 2005 CPI-U = 195.3; 2004 CPI-U = 188.9; 2003 CPI-U = 184.0; 2002 CPI-U = 179.9
0
Individual Returns 006
Figure 1--General Filing Requirements
Marital Status Filing Status
Single Single (including divorced and legally separated)
Age
under 65 65 or older under 65 65 or older
Gross Income
$8,450 $9,700 $10,850 $11,750
Head of household
Married with a child and living apart from spouse during the last six months of 2006
Head of household
under 65 65 or older
$10,850 $12,100
Married and living with spouse at the end of 2006 (or on the date spouse died)
Married, joint return
under 65 (both spouses) 65 or older (one spouse) 65 or older (both spouses) any age
$16,900 $17,900 $18,900 $3,300
Married, separate return
Married, not living with spouse at the end of 2006 (or on the date spouse died)
Married, joint or separate return
any age
$3,300
Single Widowed in 2004 or 2005 and not remarried in 2006 Head of household Qualifying widow(er) with dependent child
under 65 65 or older under 65 65 or older under 65 65 or older
$8,450 $9,700 $10,850 $11,750 $13,600 $14,600
improvement in a series of planned innovations to the content and scope of this report. Section 4 provides explanations of the terms used in the tables. The tax forms appear in Section 5, and Section 6 contains a subject index.
Requirements for Filing
The filing requirements for Tax Year 2006 were based on gross income, marital status, age, and, to a lesser extent, dependency and blindness. Gross income included all income received in the form of money, property, and services that was not expressly exempt from tax. Generally, a citizen or resident of the United States was required to file a tax return if gross income for the year was at least as much as the amount shown for the appropriate filing status in Figure 1. Figure 2 shows the filing requirements for taxpayers who could be claimed as a dependent by another person (such as a
parent). In addition to the general filing requirements, an individual was obligated to file a return for Tax Year 2006 if he or she: 1. Was liable for any of the following taxes: • Social security or Medicare tax on unreported tip income; • Uncollected social security, Medicare, or railroad retirement tax on reported tip income or group-term life insurance; • Alternative minimum tax; • Tax on an individual retirement arrangement (IRA) or a qualified retirement plan; • Tax from the recapture of various credits, including investment credits or low-income housing credits; • Household employment taxes (unless only filing because taxpayer owed this tax, then taxpayer could have filed only schedule H);
Introduction and Changes in Law
Figure 2.-Filing Requirements for Children and Other Dependents
If someone (such as a parent) can claim the individual as a dependent, and any of the four conditions listed below applies, he or she must file a return. In this chart unearned income includes taxable interest, ordinary dividends, and capital gain distributions. Earned income includes wages, tips, and taxable scholarship and fellowship grants. Gross income is the total of unearned and earned incom 1. Single dependents under 65 must file a return if• Earned income was more than $5,150, or • Unearned income was over $850, or • Gross income was more than the larger of (a) $850 or (b) earned income (up to $4,850) plus $300. 2. Single dependents 65 or older or blind must file a return if• Earned income was more than $6,400 ($7,650 if 65 or older and blind), or • Unearned income was more than $2,100 ($3,350 if 65 or older and blind), or • Gross income was more than the total of earned income (up to $4,850) plus $300 or $850, whichever is larger; plus $1,250 ($2,500 if 65 or older and blind) 3. Married dependents under 65 must file a return if• Gross income was at least $5 and spouse files a separate return and itemizes deductions. • Earned income was more than $5,150, or • Unearned income was over $850, or • Gross income was more than the larger of $850 or earned income (up to $4,850) plus $300. 4. Married dependents 65 or older or blind must file a return if• Earned income was more than $6,150 ($7,150 if 65 or older and blind), or • Unearned was more than $1,850 ($2,850 if 65 or older and blind), or • Gross income was more than the total of earned income (up to $4,850) plus $300 or $850, whichever is larger, plus $1,000 ($2,000 if 65 or older and blind) • Gross income was at least $5 and spouse files a separate return and itemizes deductions.
2. Received any advanced earned income credit (AEIC) payments. 3. Had net earnings from self-employment of at least $400; or 4. Had wages of $108.28 or more from a church or qualified church-controlled organization that was exempt from employer social security and Medicare taxes.
Data shown in this report include individuals who were not required to file tax returns, but did so for any of a number of reasons. For example, an individual might have filed a return to obtain a refund of tax withheld, or take advantage of the earned income credit.
Individual Returns 006
Changes in Law or Administrative Procedures
Major changes in effect for Tax Year 2006 that influenced the Statistics of Income data are listed below. Section 4, Explanation of Terms, provides more detailed explanations and definitions of the terms used in this report.
Exemption Amount
Additional Child Tax Credits
Modifications were made to the additional child tax credit for 2006. In Tax Year 2005, the credit limit based on earned income was 15 percent of a taxpayer’s earned income that exceeded $11,000. For 2006, the limit was 15 percent of a taxpayer’s earned income that exceeded $11,300.
Alternative Minimum Tax
For Tax Year 2006, the minimum exemption rose to $62,550 for a married couple filing a joint return, up from $58,000 in 2005, and to $42,500 for singles and heads of household, up from $40,250, and to $31,275 from $29,000 for a married person filing separately.
Indexing for inflation increased to $3,300 the deduction for each exemption to which the taxpayer was entitled for 2006, an increase from the $3,200 allowed for 2005. The AGI threshold for the limitation of exemption amounts was also indexed for inflation, increasing from $145,950 to $150,500 for single filers; $218,950 to $225,750 for married persons filing jointly and surviving spouses; $182,450 to $188,150 for heads of household; and $109,475 to $112,875 for married persons filing separately. The phase-out of the deduction for exemptions was completed at AGI levels above $273,000 for single filers; $348,250 for married persons filing jointly and surviving spouses; $310,650 for heads of household; and $183,750 for married persons filing separately. For 2006, a taxpayer could lose no more than 2/3 of the dollar amount of their exemption. This meant each exemption could not be reduced to less than $1,100 for 2006. For 2005 and previous years, exemption amounts could be limited to zero.
Federal Telephone Excise Tax Credit
Earned Income Credit
The maximum amount of the earned income credit increased, as did the amounts of earned income and investment income an individual could have and still claim the credit. The maximum amount of investment income (interest, dividends and capital gain income) a taxpayer could have and still claim the credit increased to $2,800 from $2,700. The maximum credit for taxpayers with no qualifying children increased to $412 from $399. For these taxpayers, earned income and AGI had to be less than $12,120 ($14,120 if married filing jointly) to get any EIC. For taxpayers with one qualifying child, the maximum credit increased $85 to $2,747 and, for taxpayers with two or more qualifying children, the maximum credit increased to $4,536 from $4,400. To be eligible for the credit, a taxpayer’s earned income and AGI had to be less than $32,001 ($34,001 for married filing jointly) for one qualifying child, or less than $36,348 ($38,348 for married filing jointly) for two or more qualifying children.
Taxpayers who were billed after February 28, 2003 and before August 1, 2006, for federal telephone excise tax on long distance or bundled service may have taken a credit or refund for Tax Year 2006. Individuals were eligible to receive this credit even if they owed no tax or had not received a refund of this excise tax from their service provider. Taxpayers could request the standard amount based on the number of exemptions claimed on their return (number of exemptions: 0 = $0, 1 = $30, 2 = $40, 3 = $50, 4 or more = $60) or the actual amount shown on the taxpayer’s long distance records. Individuals who did not otherwise have to file an income tax return filed a Form 1040EZ-T, Request for Refund of Federal Telephone Excise Tax, in order to obtain their refund. A total of 742,859 Form 1040EZ-T returns were filed for Tax Year 2006. This number is included in the “All returns, total” (138,394,754) shown throughout this publication.
Introduction and Changes in Law
Foreign-earned Income
Taxpayers who claimed the foreign earned income exclusion or the foreign housing deduction on Form 2555, Foreign Earned Income, had to use the foreign earned income tax worksheet to figure their tax. Taxpayers had to refigure their tax on nonexcluded income using the tax tables that would have applied had they not claimed the exclusion.
Itemized Deductions
General Business Credits
The Energy Tax Incentives Act of 2005 and the Safe, Accountable, Flexible, Efficient Transportation Act of 2005 provided tax incentives for energy efficient buildings and appliances, alternative and clean fuel vehicle credits, and other incentives and credits related to energy production and excise taxes.
Health Savings Account Deduction
The deduction was limited to the annual deductible on the qualifying high deductible health plan, but not more than $2,700 ($5,450 if family coverage), an increase from $2,650 ($5,250 if family coverage) in 2005. These limits were $700 higher if the taxpayer was age 55 or older ($1,400 if both spouses were 55 or older). For 2005, these limits were $600 and $1,200 respectively.
If a taxpayer’s AGI was greater than $150,500 ($75,250 if married filing separately), his or her itemized deductions may have been limited; the threshold was increased from $145,950 ($72,975 if married filing separately) for 2005, as a result of inflation indexing. The limitation did not apply to deductions for medical and dental expenses, investment interest expenses, casualty or theft losses, and gambling losses; all other deductions were subject to the limitation. To arrive at allowable itemized deductions, total itemized deductions were reduced by the smaller of: (a) 80 percent of the non-exempt deductions, or (b) 3 percent of the amount of AGI in excess of the limitation threshold. For Tax Year 2006, the reduction amount was then divided by 3 and subtracted from the original reduction amount. As a result, the amount by which the deduction was reduced was only 2/3 of the amount of the reduction that would have otherwise applied (for 2005 and previous years).
Katrina Emergency Tax Relief Act of 00
The Katrina Emergency Tax Relief Act of 2005 provided an additional exemption of $500 in years 2005 or 2006 for each Hurricane Katrina displaced individual claimed by the taxpayer. The total additional exemption claimed for all years cannot exceed: $2,000 for married taxpayers filing jointly, $1,000 for married taxpayers filing separately, and $2,000 for all other taxpayers. A Hurricane Katrina displaced individual is a person (1) whose main home on August 28, 2005 was in the Hurricane Katrina disaster area, (2) who is displaced from the home, and (3) who is provided housing free of charge in the taxpayer’s main home for a period of 60 consecutive days which ends in the taxable year in which the exemption is claimed. The additional exemption is not subject to the income-based phaseouts applicable to personal exemptions, and is allowed as a deduction in computing alternative minimum taxable income.
Individual Retirement Arrangement Deduction
For 2006, a taxpayer (both taxpayers for taxpayers filing jointly), was able to take an IRA deduction up to $4,000 ($5,000 if age 50 or older) if not covered by a retirement plan, or if covered by a retirement plan but their modified AGI was less than $60,000 ($85,000 if married filing jointly or qualifying widow(er)). This was up from $80,000 if married filing jointly or qualifying widow(er) for 2005. Military members serving in combat zone localities could count tax free combat pay in figuring how much to contribute to a Roth or traditional IRA. This allowed members of the military to make contributions with no taxable earned income, unlike in previous years.
Individual Returns 006
Figure 3.-Calculation of the 1979 Income Concept for 2006
1979 Total Income Concept= Income or Loss: • • • • • • • • • • • • • • • • • • • • Salaries and wages [1] Interest [1] Dividends [1] Taxable refunds [1] Alimony received [1] Sales of capital assets, net gain or loss [1] Other gains and losses (Form 4797) [1] Business net income or loss [1] Farm net income or loss [1] Rent net income or loss [1] Royalty net income or loss [1] Partnership net income or loss [1] S Corporation net income or loss [1] Farm rental net income or loss [1] Estate or trust net income or loss [1] Unemployment compensation [1] Depreciation in excess of straight-line depreciation [2] Total pension income [3,5] Other net income or loss [4] Net operating loss [1]
Kiddie Tax
For Tax Year 2006, the age limit for children who received taxable income and needed to figure tax using their parent’s higher marginal rates increased from 14 to 18. Also, the amount of taxable investment income a child could have before being taxed at their parent’s rate rose to $1,700, up from $1,600.
Residential Energy Credit
For 2006, taxpayers could receive a 10 percent credit for buying qualified energy efficiency improvements for their main home. The maximum credit is $500 and no more than $200 of the credit can be attributable to expenses for windows.
Self-employment Tax
The ceiling on taxable “self-employment income” was raised, for 2006, to $94,200 for the social security portion (12.4 percent) of the self-employment tax. The limit was $90,000 for 2005.
Standard Deduction
Deductions: • Disallowed passive losses (Form 8582) [6] • Moving expenses [1] • Alimony paid [1] • Unreimbursed business expenses [6]
[1] Included in adjusted gross income (less deficit) (AGI) for Tax Year 2006. [2] Adjustment to add back excess depreciation (accelerated over straight-line depreciation) deducted in the course of a trade or business and included in net income (loss) amounts shown above. [3] Includes taxable and tax-exempt pension and retirement distributions, including IRA distributions. [4] Includes an adjustment to add back amounts reported for the foreign-earned income exclusion." [5] Not fully included in AGI for Tax Year 2006. [6] Not included in AGI for Tax Year 2006.
For married persons filing jointly or surviving spouses, the standard deduction was increased in 2006, from $10,000 to $10,300. For single filers and married persons filing separately, the standard deduction rose from $5,000 to $5,150; and for heads of household, from $7,300 to $7,550. The amount of standard deduction for a dependent was the greater of $850 or the dependent’s earned income plus $300 (but not more than the regular standard deduction amount). Taxpayers who were age 65 or over or blind could claim an additional standard deduction amount of $1,000 or $1,250 depending on marital status.
The Income Concept: A Retrospective Income Definition
In order to analyze changes in income and taxes over a period of years, a consistent definition of income must be used. The income concept available from Federal income tax returns, AGI, was designed to facilitate tax administration, and
Introduction and Changes in Law
Table B--All Returns: Selected Income and Tax Items, by Size of Adjusted Gross Income and by 1979 Income Concept, 2006
Income Size of income 2006 Adjusted Gross Income Number of returns (1) All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Size of income 138,394,754 26,095,710 22,649,374 18,662,022 14,151,824 10,687,193 8,737,131 7,015,854 5,864,866 4,699,669 3,677,804 5,908,809 3,122,919 1,897,211 1,159,484 2,052,633 712,339 356,513 589,306 150,431 64,007 98,724 24,975 15,956 Amount (2) 8,030,843 27,801 337,396 463,115 492,158 478,796 478,756 454,804 438,764 398,383 348,521 656,794 426,919 306,222 216,387 492,248 244,464 158,440 399,609 182,044 110,212 295,129 171,408 452,475 1979 Income Concept Number of returns (3) 138,394,754 25,375,987 22,862,807 19,469,649 14,756,183 10,817,266 8,533,497 6,643,970 5,520,997 4,383,870 3,375,395 5,698,483 3,118,749 1,903,120 1,230,057 2,301,167 848,089 436,758 713,367 176,106 77,679 109,242 26,195 16,119 Amount (4) 8,267,914 18,939 340,984 482,792 513,029 484,442 467,653 430,553 413,048 371,780 319,770 633,943 425,879 307,067 229,734 554,144 291,557 194,224 482,725 212,447 133,669 324,425 179,321 455,790 Number of returns (5) 116,379,376 18,860,514 18,057,847 16,208,518 12,585,820 9,481,258 7,769,958 6,236,960 5,259,746 4,216,268 3,339,373 5,358,253 2,798,150 1,694,335 1,037,581 1,792,886 607,735 300,724 487,691 121,544 51,234 79,672 20,365 12,944 Salaries and wages 2006 Adjusted Gross Income Amount (6) 5,469,370 113,482 255,089 381,074 408,124 389,321 382,605 358,026 345,286 311,581 273,004 513,685 317,222 222,086 152,057 315,506 143,216 85,910 188,814 70,189 37,610 89,553 44,037 71,895 1979 Income Concept Number of returns (7) 116,379,376 18,581,531 18,262,690 16,549,439 12,851,992 9,523,293 7,686,564 5,957,871 5,027,684 3,990,086 3,129,298 5,223,671 2,804,671 1,718,155 1,089,882 1,988,474 716,553 363,576 587,835 141,957 61,810 87,848 21,414 13,083
[All figures are estimates based on samples--money amounts are in millions of dollars]
Amount (8) 5,469,370 109,311 259,606 390,917 418,804 393,908 383,462 350,681 334,918 300,850 259,458 499,385 313,345 219,167 150,134 323,908 150,039 88,997 199,578 73,360 40,141 92,356 44,968 72,080
Taxable interest received 2006 Adjusted Gross Income Number of returns (9) All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Footnotes at end of table 62,401,235 6,491,634 6,047,067 5,570,463 5,351,616 5,113,117 4,917,069 4,450,296 4,014,124 3,408,705 2,859,776 4,843,566 2,700,547 1,698,745 1,060,729 1,916,127 682,746 346,643 577,126 148,607 63,647 98,086 24,891 15,906 Amount (10) 222,707 10,859 9,581 9,081 8,491 8,360 8,685 9,093 8,608 7,281 6,662 11,934 9,561 7,194 5,267 13,163 7,175 5,020 14,078 7,402 4,876 13,487 8,969 27,880 1979 Income Concept Number of returns (11) 62,401,235 6,111,408 5,942,438 6,104,669 5,839,838 5,316,841 4,805,010 4,176,839 3,773,216 3,133,089 2,598,327 4,627,851 2,687,362 1,704,974 1,116,254 2,134,862 807,836 421,612 697,046 173,774 77,297 108,518 26,107 16,068 Amount (12) 222,707 10,798 9,289 11,150 10,323 9,984 9,130 8,154 7,239 6,367 5,270 11,215 8,720 6,601 4,889 13,269 7,351 5,234 14,810 7,396 4,980 13,639 9,086 27,814
Ordinary dividends received 2006 Adjusted Gross Income Number of returns (13) 31,619,775 3,258,358 2,575,173 2,279,094 2,133,918 2,210,312 2,201,969 2,109,257 1,962,077 1,738,884 1,507,785 2,781,388 1,743,718 1,172,019 778,139 1,477,081 561,302 295,912 508,531 135,761 58,893 90,849 23,849 15,505 Amount (14) 199,359 4,954 4,582 4,449 4,174 5,242 5,603 5,726 5,756 5,692 5,108 11,512 9,109 7,125 5,104 15,384 9,373 6,073 16,967 8,818 5,424 15,016 9,455 28,715
Ordinary dividends received 1979 Income Concept Number of returns (15) 31,619,775 3,082,383 2,508,262 2,553,357 2,462,063 2,294,713 2,171,186 1,930,749 1,805,145 1,586,722 1,314,351 2,609,540 1,711,138 1,173,416 804,945 1,620,298 654,098 356,421 610,219 158,193 71,260 100,746 24,903 15,666 Amount (16) 199,359 4,925 4,444 5,485 6,433 5,702 5,917 5,733 5,428 5,217 4,052 10,371 8,134 6,328 5,130 14,941 9,226 6,107 17,529 8,989 5,713 15,242 9,588 28,724
6
Individual Returns 006
[All figures are estimates based on samples--money amounts are in millions of dollars]
Table B--All Returns: Selected Income and Tax Items, by Size of Adjusted Gross Income and by 1979 Income Concept, 2006--Continued
Business or profession net income less loss Size of income 2006 Adjusted Gross Income Number of returns (17) 21,656,409 4,073,073 3,345,918 2,108,150 1,765,939 1,565,876 1,378,831 1,188,670 1,034,837 853,471 704,380 1,177,196 674,100 430,107 270,743 547,356 189,644 100,501 156,591 37,964 16,159 26,003 6,508 4,394 Amount (18) 281,527 5,303 25,527 17,752 14,711 13,569 12,313 11,132 11,290 10,696 10,776 19,908 16,336 13,736 10,921 28,045 13,761 8,546 15,866 5,143 2,728 9,434 1,771 2,263 1979 Income Concept Number of returns (19) 21,656,409 3,780,104 3,320,152 2,187,003 1,854,413 1,589,814 1,364,025 1,201,587 1,035,951 819,573 614,289 1,208,081 673,098 434,816 298,274 627,774 229,073 119,359 193,158 46,436 18,885 29,219 6,892 4,436 Amount (20) 281,527 2,052 22,983 16,557 13,846 12,961 11,513 11,368 11,054 9,815 8,137 20,756 14,968 13,130 11,478 32,050 17,029 9,847 19,083 5,950 2,968 9,783 1,904 2,298 Number of returns (21) 26,668,205 2,954,743 2,014,522 1,783,037 1,672,552 1,784,377 1,725,580 1,657,967 1,627,355 1,415,450 1,254,442 2,319,984 1,522,190 1,059,468 723,985 1,435,874 568,002 295,544 518,804 139,923 60,155 94,231 24,317 15,700 Sales of capital assets 2006 Adjusted Gross Income Amount (22) 779,462 11,064 2,807 3,336 4,028 5,115 5,813 6,517 8,116 8,020 8,350 18,158 17,317 16,057 13,794 45,535 29,054 23,314 74,779 43,744 30,412 92,753 68,260 243,121 1979 Income Concept Number of returns (23) 26,668,205 2,821,257 1,942,310 2,013,504 1,925,400 1,855,190 1,693,647 1,534,568 1,507,055 1,303,314 1,079,662 2,168,708 1,501,450 1,039,986 741,018 1,558,963 645,737 350,483 607,749 159,678 72,992 104,306 25,368 15,859 Amount (24) 779,462 11,836 2,824 3,931 5,085 5,774 6,672 7,036 8,306 8,119 6,209 17,264 16,859 14,199 13,267 44,460 28,648 23,335 75,392 43,903 30,593 93,586 68,820 243,344
All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Size of income
Rents, royalties, and farm rental net income less loss 2006 Adjusted Gross Income Number of returns (25) All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Footnotes at end of table 9,987,998 954,035 885,479 839,475 790,576 745,500 694,108 682,318 659,758 568,425 477,000 816,640 498,180 253,179 175,464 393,567 161,834 88,749 166,768 50,944 24,410 40,716 12,046 8,829 Amount (26) 23,427 -6,148 -322 -879 -961 -959 -308 -479 -384 36 286 1,107 2,263 2,174 1,565 4,928 2,715 2,187 5,695 2,454 1,487 3,254 1,469 2,248 1979 Income Concept Number of returns (27) 9,987,998 926,570 849,413 918,821 866,371 768,234 690,285 645,632 632,517 512,998 425,911 781,505 471,800 253,563 193,625 418,418 186,858 106,256 188,894 57,030 27,674 44,185 12,553 8,885 Amount (28) 23,427 -6,680 -336 -763 -639 -442 -356 -219 -728 153 810 698 2,334 1,520 2,069 4,419 2,550 2,246 5,733 2,467 1,537 3,298 1,497 2,262
Partnership and S corporation net income less loss 2006 Adjusted Gross Income Number of returns (29) 7,619,301 617,160 354,096 409,616 398,754 443,341 416,279 405,906 399,454 381,357 317,808 643,974 447,194 346,482 260,608 661,645 307,932 182,111 356,985 106,507 48,403 77,745 21,442 14,503 Amount (30) 425,477 -34,895 20 1,296 2,234 2,249 3,390 3,406 4,407 4,333 4,299 11,588 10,300 11,060 9,980 36,535 27,449 22,570 73,457 39,782 25,335 65,431 33,815 67,434 1979 Income Concept Number of returns (31) 7,619,301 586,165 345,247 416,772 409,053 460,594 437,952 405,715 380,092 341,795 305,560 629,319 429,023 326,512 264,684 680,607 329,576 198,303 384,228 115,109 53,935 82,168 22,265 14,627 Amount (32) 425,477 -35,009 -13 920 1,748 2,039 3,392 3,224 4,098 3,886 4,313 10,734 9,795 9,467 9,575 35,806 27,090 23,223 75,139 40,544 26,358 66,810 34,487 67,852
Introduction and Changes in Law
Table B--All Returns: Selected Income and Tax Items, by Size of Adjusted Gross Income and by 1979 Income Concept, 2006--Continued
Nondeductible passive losses Size of income 2006 Adjusted Gross Income Number of returns (33) All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Size of income 1,891,387 150,104 60,091 69,377 71,150 67,308 73,173 65,328 83,234 59,204 52,356 142,473 140,087 179,853 120,587 242,044 93,267 51,946 97,674 28,009 12,545 21,481 5,917 4,178 Amount (34) 33,824 4,512 1,012 1,137 655 666 829 574 839 835 544 1,931 2,466 2,360 2,200 3,458 1,457 1,005 2,534 900 541 1,273 670 1,425 1979 Income Concept Number of returns (35) 1,891,387 203,675 66,012 77,450 78,234 62,855 68,884 67,625 64,573 46,530 55,590 146,983 148,975 145,264 106,449 222,126 94,509 54,044 105,262 29,356 13,589 23,157 6,116 4,126 Amount (36) 33,824 11,560 630 992 696 527 563 570 580 404 635 1,525 1,812 1,405 1,183 2,367 1,404 807 2,061 740 470 1,073 601 1,220 Number of returns (37) 595,604 47,973 35,064 28,208 33,852 30,019 31,938 33,992 27,558 26,429 28,808 49,532 41,186 31,807 20,633 42,992 21,865 14,088 23,691 8,422 4,180 8,038 2,837 2,491 Estate and trust net income less loss 2006 Adjusted Gross Income Amount (38) 17,183 -284 173 171 162 195 272 301 374 301 279 648 732 478 532 1,436 757 561 1,743 1,127 711 1,943 1,384 3,189 1979 Income Concept Number of returns (39) 595,604 46,411 33,594 39,218 33,923 31,506 35,013 31,570 29,183 24,603 18,305 52,612 35,098 28,294 17,464 46,061 22,902 15,165 26,721 9,242 4,883 8,427 2,913 2,497
[All figures are estimates based on samples--money amounts are in millions of dollars]
Amount (40) 17,183 -288 156 220 194 277 237 380 374 263 227 632 643 476 490 1,298 778 654 1,750 1,105 760 1,947 1,401 3,209
Pensions and annuities in AGI [1] 2006 Adjusted Gross Income Number of returns (41) All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over Footnotes at end of table 28,176,513 2,444,711 4,158,856 3,291,742 2,794,978 2,433,009 2,193,026 2,005,237 1,687,078 1,393,495 1,130,211 1,752,628 940,656 557,847 341,885 566,717 185,953 81,261 136,018 34,425 14,915 22,454 5,652 3,758 Amount (42) 575,160 13,232 40,403 43,313 43,127 44,204 44,584 45,099 40,700 38,739 31,582 56,754 37,389 23,242 14,896 28,802 10,514 4,406 7,911 2,147 1,038 1,819 613 645
Pensions and annuities [1] 1979 Income Concept Number of returns (43) 30,717,104 2,261,393 4,193,391 3,949,738 3,403,466 2,718,361 2,203,878 1,879,072 1,614,160 1,317,332 1,073,996 1,834,295 1,106,304 709,080 502,126 952,424 363,130 185,443 294,807 69,452 32,719 39,054 8,468 5,016 Amount (44) 946,335 13,260 41,443 56,518 60,057 57,320 49,717 46,866 43,590 38,622 32,590 65,857 52,364 37,253 33,119 83,374 47,812 33,759 71,953 26,831 19,784 24,897 5,981 3,369 Number of returns (45) 33,980,524 4,318,488 4,159,929 3,422,825 3,120,636 2,868,416 2,537,807 2,109,181 1,831,336 1,566,692 1,385,118 2,489,086 1,330,531 684,821 387,853 797,158 303,042 167,063 298,496 81,600 36,587 58,180 15,304 10,376
Total statutory adjustments 2006 Adjusted Gross Income Amount (46) 113,845 6,137 5,916 6,260 6,107 6,545 5,991 5,413 4,936 4,667 4,549 10,085 6,527 4,949 3,526 9,401 5,055 3,262 6,878 2,231 1,161 2,196 809 1,246 1979 Income Concept Number of returns (47) 17,245,795 309,986 786,092 1,326,459 1,646,551 1,709,703 1,728,228 1,549,465 1,396,126 1,247,570 1,033,560 1,810,742 910,282 535,202 336,119 522,723 165,352 77,488 108,347 21,902 8,737 11,352 2,538 1,269 Amount (48) 87,876 2,990 5,323 7,537 8,402 7,894 7,490 6,678 5,694 5,183 4,086 8,030 4,225 2,850 1,865 3,858 1,603 812 1,675 508 236 481 232 223
Individual Returns 006
[All figures are estimates based on samples--money amounts are in millions of dollars]
Table B--All Returns: Selected Income and Tax Items, by Size of Adjusted Gross Income and by 1979 Income Concept, 2006--Continued
Total itemized deductions Size of income 2006 Adjusted Gross Income Number of returns (49) Amount (50) 1,229,237 13,933 34,215 48,571 65,218 71,839 77,818 78,351 78,355 72,024 64,954 124,995 80,097 56,237 38,016 82,288 37,162 22,306 49,649 20,078 11,936 30,052 17,654 53,490 Total tax credits Size of income 2006 Adjusted Gross Income Number of returns (57) Amount (58) 58,939 55 1,374 5,225 5,688 5,611 5,394 5,094 4,834 4,175 3,279 4,491 1,257 541 333 984 798 547 1,745 942 629 1,821 1,039 3,084 1979 Income Concept Number of returns (59) 46,091,502 774,192 4,947,895 7,904,309 6,062,000 4,613,982 3,677,626 3,162,848 2,818,562 2,366,523 1,867,676 3,071,352 1,422,839 754,099 487,002 925,014 366,886 205,630 393,311 109,597 50,993 76,385 19,690 13,090 Amount (60) 58,939 62 1,412 5,231 5,826 5,527 5,370 4,994 4,671 4,020 3,070 4,407 1,326 558 386 1,064 819 659 1,862 1,006 634 1,891 1,057 3,087 Number of returns (61) 92,740,927 4,231,224 11,496,426 11,630,302 11,156,227 9,329,664 8,078,633 6,734,304 5,710,311 4,636,829 3,638,992 5,880,912 3,111,490 1,890,588 1,158,392 2,048,654 710,871 355,719 588,046 150,100 63,863 98,525 24,924 15,929 1979 Income Concept Number of returns (51) 49,099,251 974,212 2,487,320 3,743,337 4,600,273 4,571,173 4,411,906 3,975,108 3,711,748 3,246,848 2,649,064 4,809,323 2,759,380 1,715,747 1,108,380 2,115,710 780,840 399,564 653,971 165,343 73,507 105,204 25,405 15,889 Amount (52) 1,173,295 13,996 32,523 50,611 64,527 68,205 72,819 69,996 70,409 64,523 55,644 113,423 75,094 52,221 36,985 82,678 38,569 23,410 52,342 20,889 12,427 30,756 17,811 53,437 Number of returns (53) 106,667,402 4,812,195 14,590,659 17,082,754 13,733,631 10,511,657 8,655,927 6,972,897 5,832,236 4,684,616 3,665,857 5,898,229 3,117,109 1,893,363 1,158,475 2,049,784 710,797 355,631 588,218 150,188 63,844 98,492 24,914 15,931 Taxable income 2006 Adjusted Gross Income Amount (54) 5,579,145 7,987 81,561 196,552 265,074 284,972 299,265 295,448 293,506 273,253 242,662 468,332 315,050 230,910 166,942 392,308 204,491 135,058 348,056 161,556 98,152 265,082 153,833 399,093 Total income tax 2006 Adjusted Gross Income Amount (62) 1,023,920 924 7,132 17,898 27,293 32,510 36,989 38,015 38,353 36,730 34,376 74,242 56,666 44,352 34,121 88,904 52,060 36,076 94,214 44,125 26,721 71,647 39,557 91,014 1979 Income Concept Number of returns (63) 92,740,927 4,259,870 11,496,998 12,275,746 11,621,410 9,436,991 7,856,837 6,337,130 5,343,526 4,288,327 3,329,496 5,632,407 3,078,993 1,888,820 1,224,877 2,284,659 840,980 432,022 709,200 175,043 76,488 108,872 26,142 16,093 Amount (64) 1,023,920 1,150 7,260 19,332 30,494 35,468 37,860 36,905 36,849 34,373 31,990 70,124 54,177 42,199 33,223 87,993 52,698 36,528 97,561 45,206 27,876 73,098 40,274 91,282 1979 Income Concept Number of returns (55) 106,667,402 4,797,813 14,642,214 17,656,602 14,255,046 10,600,232 8,417,956 6,570,876 5,463,195 4,350,620 3,354,600 5,662,854 3,097,027 1,894,637 1,226,274 2,288,216 844,070 432,809 709,667 175,132 76,484 108,849 26,133 16,094 Amount (56) 5,579,145 9,297 82,888 208,727 289,398 303,539 303,513 286,624 279,632 254,501 222,641 443,252 302,932 220,520 164,620 395,927 211,686 140,107 363,964 166,195 102,319 270,499 156,321 400,043
All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over
49,123,555 922,978 2,306,005 3,358,387 4,363,179 4,546,362 4,512,370 4,230,494 3,966,402 3,491,422 2,916,231 5,040,862 2,793,613 1,738,700 1,082,756 1,947,901 676,401 337,936 552,797 142,284 61,068 95,326 24,348 15,735
All returns, total Under $10,000 $10,000 under $20,000 $20,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $60,000 $60,000 under $70,000 $70,000 under $80,000 $80,000 under $90,000 $90,000 under $100,000 $100,000 under $125,000 $125,000 under $150,000 $150,000 under $175,000 $175,000 under $200,000 $200,000 under $300,000 $300,000 under $400,000 $400,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 and over
46,091,502 813,403 4,897,990 7,860,566 5,849,213 4,699,854 3,660,996 3,241,445 2,939,293 2,465,438 1,994,524 3,151,787 1,405,671 740,196 460,323 833,061 315,069 179,027 342,863 96,453 43,087 69,452 18,816 12,972
[1] Individual Retirement Arrangements are included in the calculation of "Pensions and annuities." NOTE: Detail may not add to totals because of rounding.
Introduction and Changes in Law its definition has changed over time to reflect modifications to the Internal Revenue Code. Tax laws of the 1980’s (the Economic Recovery Tax Act of 1981, the Tax Equity and Fiscal Responsibility Act of 1982, the Tax Reform Act of 1984, and the Tax Reform Act of 1986) made significant changes to the components of AGI, which made it more difficult to use AGI for accurate comparisons of income from year to year. For this reason, it was decided to develop an income definition that would be consistent over several years, and would allow comparisons both before and after the major tax legislation of the 1980’s. The result was a retrospective income definition known as the 1979 Income Concept, reflecting a base period from 1979 through 1986. It was calculated using only data available from Individual income tax returns. By using the same income items in the calculation each year, its definition was consistent throughout the base years. In addition, this retrospective income definition could be used in future years to compare income by continuing to include the same components that were common to all years. The calculation of the 1979 Income Concept is shown in Figure 3. Several items partially excluded from AGI for the base years were fully included in this new income measure, the largest of which was capital gains. The full amount of all capital gains, as well as all dividends and unemployment compensation, was included in the income calculation. Total pensions, annuities, IRA distributions, and roll-overs were added, including the non-taxable portions that were excluded from AGI. Social security benefits were omitted because they were not reported on tax returns until 1984. Also, any depreciation in excess of straight-line depreciation, which was subtracted in computing AGI, was added back. Deductions that could be subtracted in the calculation of the 1979 Income Concept were limited to employee business expenses, alimony paid, and moving expenses. These same items were also subtracted in computing AGI until 1987 when unreimbursed business expenses and moving expenses were changed from adjustments to itemized deductions. Starting in 1994, moving expenses were once more made an adjustment
to income. The amounts reported for employee business expenses by taxpayers who itemized deductions were subtracted in the calculation of the 1979 Income Concept. Taxpayers who did not itemize deductions, however, could not claim this expense (as well as moving expenses prior to 1994). For this reason, the deduction for these two expenses beginning in 1987 is not completely comparable to that for previous years.
Comparison of AGI with Income Concept
The Tax Reform Act of 1986 (TRA 86) made extensive changes to the calculation of AGI beginning with 1987. These changes made necessary a revision of the calculation of the 1979 Income Concept, in order to make tax years beginning with 1987 comparable to the base years, 1979 through 1986. The law changes limited the deduction of passive losses and eliminated unreimbursed employee business expenses and moving expenses as “adjustments” (moving expenses changed back for 1994) in figuring AGI beginning with Tax Year 1987. Since passive losses had been fully deductible for both income measures prior to 1987, the disallowed passive losses had to be deducted in the 1979 Income Concept calculation for tax years after 1986. Some income items, such as capital gains, that had been partially excluded from AGI under prior law were fully included. The new law also eliminated or restricted some deductions. Therefore, if AGI is used to measure income, comparisons between 1986 income and tax data with that for years after 1986 are misleading. A more accurate comparison can be made using the 1979 Income Concept because it measures income in the same way for all years. Table B shows total income and selected tax items for 2006 using AGI and the 1979 Income Concept, classified by size of 2006 income. Before TRA 86 became effective, a comparison of income measured by AGI with that measured by the 1979 Income Concept showed significant differences at income levels of $200,000 or more. But, with the elimination of preferential treatment of various income items by TRA 86, such as the
0
Individual Returns 006 23.3 percent increase for 2005. The average tax rates (income tax as a percentage of total income) for each income class and both income concepts for years 1986 through 2005 are shown in Figure 4. For the population as a whole, average tax rates for 2006 (based on the 1979 Income Concept) were 0.1 percentage point higher than those for 2005. Between 1986 and 2006, the average tax rates declined in all income categories except below $10,000. For the first time, the $1,000,000 or more income category showed a decrease in average tax rates between 1986 and 2006 of 0.1 percentage point. Although the average tax rate for 2006 was calculated using a lower maximum marginal tax rate of 35.0 percent compared to 50 percent for 1986, it was calculated on income that included all capital gains (long-term gains could be partially excluded from income for 1986).
exclusion of a portion of capital gains, much of the difference disappeared. Under tax law prior to 1987, the capital gains exclusion accounted for the largest difference at the higher income levels between the two income measures. For 2006, 1979 Concept income was 3.0 percent higher than income as calculated using AGI. This difference was primarily attributed to the inclusion of more than $371.2 billion in nontaxable pensions and annuities (including IRA distributions) in the 1979 Income Concept. Income for all returns, using the 1979 Income Concept, increased 8.6 percent for 2006; income for the $200,000 and above group increased 16.8 percent. Total income tax for all returns increased 9.5 percent in 2006 after an increase of 12.4 percent in 2005; and total income tax reported for the $200,000 and above income group increased 13.7 percent for 2005, down significantly from the
Introduction and Changes in Law
Figure 4--Total Income Tax as a Percentage of Adjusted Gross Income and the 1979 Income Concept, 1986-2005
Size of 2005 AGI Total income tax as a percentage of adjusted gross income 1986 (1) All returns, total................. Under $10,000..................... $10,000 under $20,000........ $20,000 under $30,000........ $30,000 under $40,000........ $40,000 under $50,000........ $50,000 under $60,000........ $60,000 under $70,000........ $70,000 under $80,000........ $80,000 under $90,000........ $90,000 under $100,000...... $100,000 under $125,000.... $125,000 under $150,000.... $150,000 under $175,000.... $175,000 under $200,000.... $200,000 under $300,000.... $300,000 under $400,000.... $400,000 under $500,000.... $500,000 under $1,000,000. $1,000,000 or more............. Size of 2005 Income 14.8 4.3 7.8 10.6 12.2 13.8 15.5 16.9 18.7 19.9 20.8 23.1 25.2 28.0 29.3 31.1 33.7 36.2 38.4 40.2 1987 (2) 13.3 4.0 6.8 9.4 10.6 11.8 13.5 15.1 16.5 17.8 18.8 20.1 21.8 23.0 23.9 25.8 27.0 28.2 29.0 28.6 1988 (3) 13.4 4.0 6.5 9.3 10.9 11.6 13.2 14.5 15.6 16.6 17.4 18.8 20.3 21.6 22.5 23.7 24.0 24.1 24.6 25.0 1989 (4) 13.3 3.8 6.4 9.3 10.9 11.5 12.9 14.2 15.3 16.2 17.3 18.4 19.8 21.1 21.8 22.8 23.6 23.9 24.0 24.2 1990 (5) 13.1 3.7 6.1 9.1 10.6 11.4 12.4 13.8 14.9 15.8 16.6 17.5 19.2 20.4 21.1 22.6 23.7 23.6 24.0 24.1 1991 (6) 12.9 3.5 5.5 8.7 10.5 11.0 12.1 13.2 14.4 15.4 16.0 17.3 18.6 19.8 21.0 22.7 24.3 24.9 25.7 26.2 1992 (7) 13.1 3.2 5.1 8.4 10.2 10.8 11.6 12.9 14.0 15.0 15.9 16.9 18.7 19.6 20.7 22.9 24.4 25.3 26.0 26.8 1993 (8) 13.5 3.0 4.9 8.2 10.1 10.7 11.5 12.7 13.9 15.1 15.7 17.0 18.6 19.7 21.2 23.8 26.9 28.4 30.0 31.2 1994 (9) 13.7 3.0 4.8 8.1 10.0 10.8 11.4 12.6 13.8 14.9 15.9 17.0 18.6 19.9 21.4 23.9 26.9 28.6 30.2 31.1 1995 (10) 14.0 3.0 4.7 7.9 9.8 10.7 11.4 12.5 13.6 14.6 15.8 16.9 18.3 19.9 20.9 23.8 26.8 28.7 30.2 31.4 1996 (11) 14.5 3.1 4.6 7.7 9.7 10.8 11.3 12.3 13.6 14.6 15.4 16.7 18.4 19.8 20.9 23.4 26.6 28.2 30.1 30.8 1997 (12) 14.7 3.2 4.3 7.6 9.6 10.7 11.3 12.1 13.4 14.4 15.2 16.5 17.7 19.3 20.5 22.9 26.1 27.4 29.0 28.8 1998 (13) 14.6 2.9 4.3 6.8 8.8 10.0 10.7 11.4 12.6 13.5 14.8 16.0 17.7 18.8 20.0 22.4 25.4 26.9 28.2 27.5 1999 (14) 15.0 3.0 4.1 6.7 8.6 9.8 10.6 11.2 12.4 13.5 14.5 15.8 17.6 19.0 20.0 22.4 25.4 26.7 28.4 27.9 2000 (15) 15.4 3.3 4.1 6.5 8.5 9.8 10.6 11.2 12.1 13.5 14.4 15.8 17.4 18.6 19.9 22.4 25.0 26.6 28.3 27.7 2001 (16) 14.4 2.4 3.4 5.9 8.0 9.4 10.2 10.8 11.6 12.9 13.7 15.2 16.8 18.2 19.1 21.6 24.7 26.1 28.1 28.3 2002 (17) 13.2 2.3 2.6 4.7 6.7 8.1 9.2 9.6 10.6 11.6 12.7 14.2 16.0 17.3 18.4 21.0 24.2 25.7 27.9 28.5 2003 (18) 12.1 2.1 2.4 4.2 6.1 7.4 8.5 9.0 9.4 10.1 11.0 12.4 14.2 15.4 16.8 19.2 22.4 23.8 24.9 24.8 2004 (19) 12.3 2.4 2.3 4.1 5.8 7.2 8.1 8.5 9.0 9.5 10.5 12.0 13.7 15.1 16.4 18.9 22.1 23.2 24.3 23.4
2005 (20) 12.6 2.5 2.2 4.0 5.6 6.9 7.8 8.4 8.8 9.4 10.1 11.5 13.4 14.8 16.2 18.6 21.6 22.9 23.8 23.0
2006 (21) 12.7 3.3 2.1 3.9 5.5 6.8 7.7 8.4 8.7 9.2 9.9 11.3 13.3 14.5 15.8 18.1 21.3 22.8 23.6 22.5
Total income tax as a percentage of 1979 Income Concept 1986 (21) 1987 (22) 13.1 4.2 6.7 9.3 10.7 11.7 13.4 15.0 16.2 17.5 18.1 19.3 20.6 21.2 22.5 23.8 24.5 26.5 26.7 26.8 1988 (23) 13.3 4.4 6.5 9.3 10.7 11.7 13.2 14.5 15.4 16.1 17.1 18.0 19.6 20.6 21.6 22.3 22.6 23.2 23.5 24.5 1989 (24) 13.2 4.3 6.4 9.3 10.9 11.5 12.9 14.2 15.2 16.2 16.8 17.7 18.8 20.0 20.7 21.5 21.9 22.7 22.0 23.2 1990 (25) 13.0 4.3 6.1 9.1 10.7 11.5 12.5 13.8 14.6 15.5 16.1 16.9 18.0 19.1 20.0 21.4 21.5 22.3 21.7 23.2 1991 (26) 12.7 4.0 5.5 8.7 10.5 11.1 12.0 13.2 14.2 15.1 15.5 16.6 17.3 18.3 18.6 20.5 21.6 23.0 23.5 25.2 1992 (27) 12.8 3.5 5.1 8.3 10.2 10.9 11.6 12.9 13.7 14.6 15.2 16.2 17.2 17.8 19.0 20.2 21.6 21.4 22.6 26.1 1993 (28) 13.3 3.2 4.8 8.2 10.2 10.8 11.6 12.7 13.7 14.7 15.3 16.3 17.7 18.0 19.1 21.4 23.5 25.4 26.3 29.5 1994 (29) 13.5 3.2 4.8 8.1 10.1 11.0 11.6 12.7 13.6 14.6 15.4 16.3 17.4 18.5 19.4 21.5 23.7 24.8 26.1 30.1 1995 (30) 13.8 3.1 4.7 7.9 10.1 11.0 11.6 12.5 13.6 14.4 15.5 16.2 17.4 18.1 19.2 21.5 23.7 25.1 26.7 30.4 1996 (31) 14.3 3.2 4.6 7.8 10.0 11.1 11.6 12.5 13.5 14.5 15.2 16.1 17.3 18.4 18.9 21.3 23.1 25.0 27.1 29.8 1997 (32) 14.5 3.4 4.4 7.6 9.8 11.0 11.5 12.4 13.3 14.2 15.2 16.0 16.7 18.2 18.8 20.4 24.0 24.3 26.1 27.5 1998 (33) 14.2 3.1 4.2 6.9 9.1 10.3 11.0 11.4 12.6 13.3 14.5 15.2 16.6 17.1 18.1 19.4 21.5 22.6 24.3 26.2 1999 (34) 14.6 3.2 4.1 6.8 8.9 10.1 10.9 11.4 12.4 13.4 14.0 15.4 16.6 17.5 18.4 19.9 21.3 23.2 24.0 26.1 2000 (35) 15.0 3.6 4.0 6.6 9.0 10.2 10.9 11.5 12.3 13.4 14.2 15.4 16.6 17.5 18.0 20.2 21.7 21.5 24.3 26.0 2001 (36) 14.1 2.9 3.4 6.1 8.4 9.9 10.6 11.1 11.8 12.9 13.6 14.9 16.2 17.0 17.8 19.5 21.3 22.2 24.2 27.0 2002 (37) 12.9 3.0 2.6 4.8 7.1 8.5 9.5 9.8 10.8 11.5 12.7 13.8 15.2 15.9 16.8 18.5 20.5 21.8 23.7 26.7 2003 (38) 11.8 2.8 2.4 4.4 6.5 7.8 8.7 9.1 9.5 10.1 11.0 12.0 13.6 14.3 15.3 17.1 19.2 20.2 21.7 23.4 2004 (39) 12.0 3.0 2.3 4.2 6.2 7.6 8.4 8.7 9.1 9.6 10.4 11.7 13.0 14.1 14.9 17.0 18.9 19.7 20.7 22.3 2005 (40) 12.3 3.7 2.2 4.1 6.0 7.4 8.1 8.7 9.0 9.4 10.1 11.3 12.8 13.8 15.0 16.4 18.4 19.5 21.0 21.8 2006 (41) 12.4 6.1 2.1 4.0 5.9 7.3 8.1 8.6 8.9 9.2 10.0 11.1 12.7 13.7 14.5 15.9 18.1 18.8 20.2 21.3
All returns, total................. Under $10,000..................... $10,000 under $20,000........ $20,000 under $30,000........ $30,000 under $40,000........ $40,000 under $50,000........ $50,000 under $60,000........ $60,000 under $70,000........ $70,000 under $80,000........ $80,000 under $90,000........ $90,000 under $100,000...... $100,000 under $125,000.... $125,000 under $150,000.... $150,000 under $175,000.... $175,000 under $200,000.... $200,000 under $300,000.... $300,000 under $400,000.... $400,000 under $500,000.... $500,000 under $1,000,000. $1,000,000 or more.............
13.3 4.9 7.6 10.0 11.6 12.6 13.8 14.9 15.8 16.7 16.8 18.3 19.0 19.3 20.3 22.6 22.6 23.4 23.7 21.4
Section 2
Description of the Sample
This section describes the sample design and selection, the method of estimation, the sampling variability of the estimates, and the methodology of computing confidence intervals.
Domain of Study
The statistics in this report are estimates from a probability sample of unaudited Individual Income Tax Returns, Forms 1040, 1040A, and 1040EZ (including electronic returns) filed by U.S. citizens and residents during Calendar Year 2007. All returns processed during 2007 were subjected to sampling except tentative and amended returns. Tentative returns were not subjected to sampling because the revised returns may have been sampled later, while amended returns were excluded because the original returns had already been subjected to sampling. A small percentage of returns were not identified as tentative or amended until after sampling. These returns, along with those that contained no income information, were excluded in calculating estimates. This resulted in a small difference between the population total (138,485,355 returns) reported in Table C and
the estimated total of all returns (138,139,754) reported in other tables. The estimates in this report are intended to represent all returns filed for Tax Year 2006. While most of the returns processed during Calendar Year 2007 were for Tax Year 2006, the remaining returns were mostly for prior years, and a few for non-calendar years ending during 2007 and 2008. Returns for prior years were used in place of 2006 returns received and processed after December 31, 2007. This was done based on the assumption that the characteristics of returns due, but not yet processed, can best be represented by the returns for previous income years that were processed in 2007.
Sample Design and Selection
The sample design is a stratified probability sample, in which the population of tax returns is classified into subpopulations, called strata, and a sample is randomly selected independently from each stratum. Strata are defined by: 1. Nontaxable (including no alternative minimum tax) with adjusted gross income or expanded income of $200,000 or more. 23
Valerie Testa, Jana Scali, and Katie Thamert designed the sample and prepared the text and tables in this section under the direction of Yahia Ahmed, Chief, Mathematical Statistics Section, Statistical Computing Branch.
24
Individual Returns 2006 for a quality evaluation. The administrative data and controlling information for each record designated for this sample was loaded onto an online database at the Cincinnati Submission Processing Center. Computer data for the selected administrative records were then used to identify inconsistencies, questionable values, and missing values as well as any additional variables that an editor needed to extract for each record. The editors use a hardcopy of the taxpayer’s return to enter the required information onto the online system. After the completion of service center review, data were further validated, tested, and balanced. Adjustments and imputations for selected fields based on prior year data and other available information were used to make each record internally consistent. Finally, prior to publication, all statistics and tables were reviewed for accuracy and reasonableness in light of provisions of the tax law, taxpayer reporting variations and limitations, economic conditions, and comparability with other statistical series. Some returns designated for the sample were not available for SOI processing because other areas of IRS needed the return at the same time. For Tax Year 2006, 0.17 percent of the sample returns were unavailable.
2. High business receipts of $50,000,000 or more. 3. Presence or absence of special Forms or Schedules (Form 2555, Form 1116, Form 1040 Schedule C, and Form 1040 Schedule F). 4. Indexed positive or negative income. Sixty variables are used to derive positive and negative incomes. These positive and negative income classes are deflated using the ChainType Price Index for the Gross Domestic Product to represent a base year of 1991. (See footnote 1 for details.) 5. Potential usefulness of the return for tax policy modeling. Thirty-two variables are used to determine how useful the return is for tax modeling purposes. Table C shows the population and sample count for each stratum after collapsing some strata with the same sampling rates. (See references 1 and 2 for details.) The sampling rates range from 0.10 percent to 100 percent. Tax data processed to the IRS Individual Master File at the Enterprise Computing Center at Martinsburg during Calendar Year 2007 were used to assign each taxpayer’s record to the appropriate stratum and to determine whether or not the record should be included in the sample. Records are selected for the sample either if they possess certain combinations of the four ending digits of the social security number, or if their ending five digits of an eleven-digit number generated by a mathematical transformation of the SSN is less than or equal to the stratum sampling rate times 100,000. (See reference 3 for details.)
Method of Estimation
Weights were obtained by dividing the population count of returns in a stratum by the number of sample returns for that stratum. The weights were adjusted to correct for misclassified returns. These weights were applied to the sample data to produce all of the estimates in this report.
Data Capture and Cleaning
Sampling Variability and Confidence Intervals
Data capture for the SOI sample begins with the designation of a sample of administrative records. While the sample was being selected, the process was continually monitored for sample selection and data collection errors. In addition, a small subsample of returns was selected and independently reviewed, analyzed, and processed
The sample used in this study is one of a large number of samples that could have been selected using the same sample design. The estimates calculated from these different samples would vary. The standard error (SE) of an estimate is a measure of the variation among the estimates from the possible samples and, thus, is a measure of the
Description of the Sample precision with which an estimate from a particular sample approximates the average of the estimates calculated from all possible samples. The standard error may be expressed as a percentage of the value being estimated. This ratio is called the coefficient of variation (CV). Tables 1.4 CV, 2.1 CV, and 3.3 CV contain estimated CV’s for the estimates included in Tables 1.4, 2.1, and 3.3 of this report. The sample estimate and an estimate of its standard error permit the construction of interval estimates with prescribed confidence that the interval includes the population value. If all possible samples were selected under essentially the same conditions and an estimate and its estimated standard error were calculated from each sample, then: 1. About 68 percent of the intervals from one standard error below the estimate to one standard error above the estimate would include the population value. This is a 68 percent confidence interval. 2. About 95 percent of the intervals from two standard errors below the estimate to two standard errors above the estimate would include the population value. This is a 95 percent confidence interval. For example, from Table 1.4, the estimate for State Income Tax Refunds, X, is $24.206 billion, and its related coefficient of variation, CV(X), is 0.77 percent. The standard error of the estimate, SE(X), needed to construct the confidence interval estimate, is: SE (X) = X • CV(X) = ($24.206 × 109) • (0.0070) = $0.169 billion The p percent confidence interval is calculated using the formula: X ± z •SE(X) where z takes the value 1, 2, or 3 when p is 68, 95,
25 or 99, respectively. Based on these data, the 68 percent confidence interval is from $24.037 billion to $24.375 billion, the 95 percent confidence interval is from $23.868 billion to $24.544 billion, and the 99 percent confidence interval is from $23.699 billion to $24.713 billion.
Table Presentation
Whenever a weighted frequency is less than 3, the estimate and its corresponding amount are combined or deleted in order to avoid disclosure of information for specific taxpayers. (The combined or deleted data, if any, are included in the corresponding column totals.) These combinations and deletions are indicated by a double asterisk (**). Estimates based on less than 10 sampled returns are considered to be unreliable. These estimates are noted by a single asterisk (*) to the left of the data unless all of the sampled returns are selected with certainty (at the 100 percent rate). In the tables, a dash (-) in place of a frequency or an amount indicates that either no returns in the population had the characteristic or the characteristic was so rare that it did not appear on any of the sampled returns.
Footnote
[1] Indexing of positive and negative income is done by dividing each by the ratio of the ChainType Price Index for the Gross Domestic Product for the fourth quarter of 2005 to the fourth quarter of the base year of 1991. The indices were calculated using the Gross Domestic Product (GDP) Chain-type Price Index found in the table titles “Quantity and Price Indexes for Gross Domestic Product” released to the public on November 29, 2006 on the BEA web site (http://www.bea.gov/).
References
[1] Hostetter, S., Czajka, J. L., Schirm, A. L., and O’Conor, K. (1990), “Choosing the Appropriate Income Classifier for Economic Tax Modeling,” in Proceedings of the Section on Survey Research Methods, American Statistical Association, 419-424.
26
Individual Returns 2006
[2] Schirm, A. L., and Czajka, J. L. (1991), “Alternative Designs for a Cross-Sectional Sample of Individual Tax Returns: the Old and the New,” Proceedings of the Section on Survey Research Methods, American Statistical Association, 163-168. [3] Harte, J.M. (1986), “Some Mathematical and Statistical Aspects of the Transformed Taxpayer Identification Number: A Sample Selection Tool Used at IRS,” Proceedings of the Section on Survey Research Methods, American Statistical Association, 603-608.
Table C.—Number of Individual Income Tax Returns in the Population and Sample by Sampling Strata for 2006
Number of returns Description of the sample strata
Grand total Form 1040 returns only with adjusted gross income or expanded income of $200,000 and over, with no income tax after credits and no additional tax for tax preferences, total Form 1040 returns only with combined Schedule C (business or profession) total receipts of $50,000,000 and over, total Other Returns, total
Population counts [1] 138,485,335 13,274 261 138,471,800
Sample counts 321,006 13,274 261 307,471
Description of the Sample
Form 1040, with Form 2555
Form 1040, with Form 1116 but without Form 2555 All other forms
Form 1040, with Schedule C but without Form 1116 or Form 2555
Form 1040, with Schedule F but without Schedule C, Form 1116 or Form 2555
Description of the sample strata
Degree of interest [2] (1)
Population counts (2) 324,044
Sample counts (3) 15,657
Population counts (4) 4,931,953
Sample counts (5) 70,089
Population counts (6) 21,266,480
Sample counts (7) 57,767
Population counts (8) 1,383,973
Sample counts (9) 5,592
Population counts (10) 110,565,350
Sample counts (11) 158,366 687 1,144 1,533 1,449 770 537 641 541 1,222 31,670 26,129 9,074 21,618 9,805 10,894 4,450 2,395 6,192 4,598 4,494 6,438 6,173 4,019 1,893 1,597 2,659 10,827 23,486 59,990 140,878 299,900 414,073 1,136,198 31,663,929 29,365,429 10,829,504 24,185,275 10,749,731 14,420,664 6,372,178 1,961,784 4,203,691 1,719,364 589,175 201,758 85,723 21,141 12,846 1,597 2,659 3,647 3,750 2,111 1,458 1,743 1,425 2,233 31,670 29,283 17,307 24,268 17,719 14,477 11,115 5,223 16,438 14,011 17,555 25,251 28,542 21,142 12,847
Total Indexed Negative Income [3] $10,000,000 or more All 6 6 198 198 609 609 97 97 687 $5,000,000 under $10,000,000 All 4 4 366 366 961 961 184 184 1,144 $2,000,000 under $5,000,000 All 38 37 1,630 555 3,844 1,279 629 243 4,686 $1,000,000 under $2,000,000 All 107 104 3,585 580 8,707 1,352 1,635 265 9,452 $500,000 under $1,000,000 All 355 143 8,597 281 23,319 766 4,478 151 23,241 $250,000 under $500,000 All 974 94 17,774 202 57,085 541 10,264 84 54,781 $120,000 under $250,000 All 2,907 286 30,729 120 124,065 618 17,815 78 124,384 $60,000 under $120,000 All 7,761 154 31,024 90 168,909 572 18,743 68 187,636 Under $60,000 All 15,018 151 23,914 40 423,298 762 28,727 58 645,241 Indexed Positive Income [3] Under $30,000 1 31,663,929 Under $30,000 2 5,621 59 231,004 233 2,724,392 2,780 83,508 82 26,320,904 Under $30,000 3-4 55,459 582 242,954 361 4,520,526 7,093 115,266 197 5,895,299 $30,000 under $60,000 1-2 5,556 63 459,148 449 1,971,856 1,969 168,590 169 21,580,125 $30,000 under $60,000 3-4 67,022 680 508,770 815 3,789,084 6,001 256,234 418 6,128,621 $60,000 under $120,000 1-3 9,607 218 858,854 865 2,276,452 2,285 220,286 215 11,055,465 $60,000 under $120,000 4 72,309 1,507 581,381 851 2,629,243 4,031 190,709 276 2,898,536 $120,000 under $250,000 1-3 15,978 1,379 271,042 518 395,554 773 83,773 158 1,195,437 $120,000 under $250,000 4 32,632 2,664 765,049 2,494 1,433,341 4,780 91,429 308 1,881,240 $250,000 under $500,000 All 20,268 1,693 486,934 3,568 509,536 3,710 64,465 442 638,161 $500,000 under $1,000,000 All 7,961 3,134 234,392 5,674 148,820 3,766 19,742 487 178,260 $1,000,000 under $2,000,000 All 2,915 1,159 101,076 12,179 39,596 4,870 5,244 605 52,927 $2,000,000 under $5,000,000 All 1,167 1,161 50,185 16,303 13,405 4,371 1,682 534 19,284 $5,000,000 under $10,000,000 All 257 257 13,921 13,921 2,612 2,612 333 333 4,018 $10,000,000 or more All 122 122 9,426 9,426 1,266 1,266 140 140 1,892 [1] This population includes an estimated 90,712 returns that were excluded from other tables in this report because they contained no income information or represented amended or tentative returns identified after sampling. [2] Each population member is assigned a degree of interest based on how useful it is for tax modeling purposes. Degree of interest ranges from one (1) to four (4), with a one being assigned to returns that are the least interesting, and a four being assigned to those that are the most interesting. ‘All’ refers to income classes for which returns with all four degrees of interest are assigned. [3] Positive and Negative Income classes are divided by a Chain-Type Price Index for the Gross Domestic Product of 1.3386 to represent a base year of 1991.
27
Section 3
1.1 1.2 1.3 1.4 1.4CV 1.5
Basic Tables
Page
Part 1—Returns Filed and Sources of Income
Selected Income and Tax Items, by Size and Accumulated Size of Adjusted Gross Income ...................................................... 31 . All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status .................. 34 . All Returns: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status .......................................................................... 40 All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income ........................................................................ 42 Coefficient of Variation for All Returns: Sources of Income, Adjustments and Tax Items, by Size of Adjusted Gross Income ........................... 56 All Returns: Sources of Income, Adjustments, and Tax Items, by Age .................................................................................................................... 70
Part 2—Exemptions and Itemized Deductions
2.1 Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items by Size of Adjusted Gross Income ................................................. 75 Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items by Size of Adjusted Gross Income .................................................. 81 Returns with Itemized Deductions: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status ................................................................................................... 87 All Returns: Exemptions by Type and Number of Exemptions, by Size of Adjusted Gross Income ........................................................................ 89 All Returns: Exemptions by Type and Number of Exemptions, by Marital Status ................................................................................................... 91
2.1CV
2.2
2.3 2.4
Tony Hall, Lori Hentz and Michael Parisi were responsible for programming the Basic Tables. Table 1.4CV, 2.1CV, and 3.3CV were programmed by Valerie Testa. Review of tables was performed by Michael Parisi and Justin Bryan.
29
Section 3
2.5 2.6
Returns with Earned Income Credit, by Size of Adjusted Gross Income ............................................................................................................................ 93 .
Basic Tables
Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items by Age ..................................................................................................... 97 .
Part 3—Tax Computations ............................................................................ Page
3.1 Returns with Modified Taxable Income: Adjusted Gross Income and Tax Items, by Type of Tax Computation, by Size of Adjusted Gross Income ................................................................................................................ 101 . Returns with Total Income Tax: Total Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted Gross Income ................................................................................................................ 103 . All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income ................................................................................ 107 Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income ........................................................ 115 Returns with Modified Taxable Income: Tax Classified by Both the Marginal Rate and Each Rate at Which Tax Was Computed .................................. 123 Returns with Modified Taxable Income: Tax Generated, by Rate and by Size of Adjusted Gross Income ......................................................................... 125 Returns with Modified Taxable Income: Taxable Income and Tax Classified by Each Rate at Which Tax Was Computed and by Marital Status .............................. 127 . All Returns: Tax Liability, Tax Credits, and Tax Payments, by Age ............................................................................................................................. 128
3.2
3.3 3.3CV 3.4 3.5 3.6 3.7
30
(All figures are estimates based on samples--money amounts are in thousands of dollars except as indicated) All returns Number of returns Amount (3) 8,030,842,945 -91,196,611 31,004,475 87,992,646 146,357,710 191,038,095 222,862,623 240,252,128 492,158,138 478,795,699 1,158,386,347 960,841,319 1,606,322,715 895,151,023 399,608,986 182,043,576 110,211,789 295,129,497 171,407,703 452,475,087 Income tax after credits Percentage of total (11) 5,460,467,126 -959,903 6,593,825 24,791,811 46,091,776 67,420,436 91,166,552 237,763,671 267,238,142 726,336,744 656,902,758 1,180,048,005 731,077,382 347,608,241 161,343,642 98,009,348 264,780,730 153,633,684 398,700,477 21.6 13.4 6.4 3.0 1.8 4.8 2.8 7.3 1.7 4.4 4.9 13.3 12.0 [2] 0.1 0.5 0.8 1.2 856,788 3,368,135 5,775,872 5,720,555 5,853,087 5,777,215 11,156,228 9,329,664 17,817,863 10,981,207 12,041,382 3,115,243 588,046 150,100 63,863 98,525 24,924 15,929 [1] 6,301 100.0 92,740,926 (12) (13) (14) 1,023,916,399 181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,384 90,019,371 209,381,101 177,041,085 94,213,951 44,125,182 26,720,695 71,645,509 39,556,521 91,012,054 returns Number of Amount Percentage of total (15) 100.0 [2] [2] 0.1 0.2 0.5 0.7 1.0 2.7 3.2 9.2 8.8 20.4 17.3 9.2 4.3 2.6 7.0 3.9 8.9 (16) 1,023,920,139 181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,396 90,019,371 209,381,101 177,041,086 94,213,951 44,125,225 26,721,295 71,647,095 39,556,521 91,013,554 Amount Total (17) 100.0 [2] [2] 0.1 0.2 0.5 0.7 1.0 2.7 3.2 9.2 8.8 20.4 17.3 9.2 4.3 2.6 7.0 3.9 8.9 3.7 2.1 5.6 2,989,440 6,863,171 28,357,677 98,525 24,924 15,929 Taxable returns--continued Taxable income Number of returns (10) 92,713,707 -856,524 3,366,091 5,774,668 5,718,790 5,852,412 5,777,020 11,155,560 9,329,077 17,814,551 10,979,416 12,036,255 3,112,958 587,466 149,994 63,752 98,377 24,884 15,911 Amount Total income tax Percentage of Taxable income (18) 18.8 [1] 9.2 9.9 9.6 10.3 11.1 11.4 11.5 12.2 13.0 13.7 17.7 24.2 27.1 27.3 27.3 27.1 25.7 22.8 Adjusted gross income less deficit (19) 13.8 [1] 3.9 2.6 3.3 4.7 5.7 6.5 7.0 7.8 8.6 9.5 13.1 19.8 23.6 24.3 24.3 24.3 23.1 20.1 Average income tax (dollars) (20) 11,041 28,759 104 194 411 832 1,282 1,800 2,446 3,485 5,300 8,198 17,388 56,831 160,215 293,972 418,416 727,197 1,587,086 5,713,702 0.1 [2] [2] 20.0 11.1 5.0 2.3 1.4 132,881 286,771 678,101 1,210,147 1,721,871 12,041,382 3,115,244 588,046 150,100 63,863 13.0 3.4 0.6 0.2 0.1 1,600,506,040 893,337,094 398,745,041 181,642,049 109,965,064 294,545,355 171,031,711 451,838,401 3.0 6.1 6.0 14.4 12.0 27,458 34,777 44,801 61,437 86,248 5,777,215 11,156,228 9,329,664 17,817,863 10,981,207 6.2 12.0 10.1 19.2 11.8 159,017,821 389,433,125 418,586,587 1,097,416,753 947,433,910 2.1 5.2 5.6 14.8 12.7 21.5 12.0 5.4 2.4 1.5 4.0 2.3 6.1 0.4 1.1 1.8 2.4 2.8 2,665 7,465 12,497 17,466 22,484 856,788 3,368,135 5,775,872 5,720,555 5,853,087 0.9 3.6 6.2 6.2 6.3 2,257,448 25,495,646 72,134,324 100,369,887 131,704,447 [2] 0.3 1.0 1.3 1.8 [1] -34,085 6,301 [2] -5,987,541 [1] 100.0 58,029 92,740,927 100.0 7,439,473,162 100.0 (4) (5) (6) (7) (8) (9) Percent of total Average (dollars) Amount Percent of total (1) 138,394,754 2,675,594 11,633,370 11,786,747 11,711,680 10,937,694 9,912,261 8,749,761 14,151,824 10,687,193 18,854,917 11,140,408 12,088,423 3,121,485 589,306 150,431 64,007 98,724 24,975 15,956 0.1 [2] [2] 8.7 2.3 0.4 0.1 [2] 6.3 10.2 7.7 13.6 8.0 8.4 8.5 8.5 7.9 7.2 1.9 100.0 (2) Percent of total Adjusted gross income less deficit Number of returns Percent of total Adjusted gross income less deficit Taxable returns
Table 1.1--Selected Income and Tax Items, by Size and Accumulated Size of Adjusted Gross Income
Size and accumulated size of adjusted gross income
Basic Tables 2006
Size of Adjusted Gross Income
Total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000
$25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000
$2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Size and accumulated size of adjusted gross income
Size of Adjusted Gross Income Total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000
$25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000
$2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
31
Footnotes at end of table.
32
(All figures are estimates based on samples--money amounts are in thousands of dollars except as indicated) All returns Number of returns Amount (23) (24) (25) (26) (27) (28) (29) Percent of total Average (dollars) Amount Percent of total (21) (22) Percent of total Adjusted gross income less deficit Number of returns Percent of total Adjusted gross income less deficit Taxable returns
Table 1.1--Selected Income and Tax Items, by Size and Accumulated Size of Adjusted Gross Income--Continued
Size and accumulated size of adjusted gross income
Accumulated from Smallest Size of Adjusted Gross Income 2,675,594 11,633,370 23,420,116 35,131,797 46,069,491 55,981,752 64,731,513 78,883,337 89,570,530 108,425,446 119,565,854 131,654,277 134,775,762 135,365,067 135,515,499 135,579,506 135,678,229 135,703,204 135,719,160 7,498,156,765 7,669,564,468 8,122,039,556 8,030,842,945 Taxable returns--continued Taxable income Number of returns (30) (31) (32) (33) (34) (35) total returns total (36) Amount Percentage of Number of Amount Percentage of Income tax after credits Amount Total (37) Total income tax Percentage of Taxable income (38) Adjusted gross income less deficit (39) Average income tax (dollars) (40) 100.0 58,029 92,740,927 100.0 93.4 95.5 101.1 55,264 56,517 59,844 92,693,773 92,718,697 92,734,626 99.9 100.0 100.0 138,394,754 100.0 98.0 98.1 98.1 6,822,590,590 6,993,622,301 7,445,460,702 7,439,473,162 95.1 97.4 97.8 97.9 98.0 5,616,011,895 6,511,162,917 6,910,771,903 7,092,815,479 7,203,027,268 69.9 81.1 86.1 88.3 89.7 42,657 48,311 51,053 52,340 53,128 88,677,995 91,793,239 92,381,285 92,531,385 92,595,248 95.6 99.0 99.6 99.8 99.8 4,944,355,988 5,837,693,082 6,236,438,122 6,418,080,171 6,528,045,235 66.5 78.5 83.8 86.3 87.7 91.7 94.0 100.1 100.0 46.8 57.0 64.7 78.3 86.4 919,507,676 1,411,665,814 1,890,461,513 3,048,847,860 4,009,689,179 11.4 17.6 23.5 38.0 49.9 14,205 17,896 21,106 28,119 33,535 27,351,651 38,507,878 47,837,543 65,655,406 76,636,613 29.5 41.5 51.6 70.8 82.6 490,979,574 880,412,699 1,298,999,286 2,396,416,039 3,343,849,949 6.6 11.8 17.5 32.2 44.9 8.4 16.9 25.4 33.3 40.5 31,004,475 118,997,121 265,354,831 456,392,925 679,255,548 0.4 1.5 3.3 5.7 8.5 2,665 5,081 7,553 9,907 12,134 856,788 4,224,923 10,000,794 15,721,349 21,574,436 0.9 4.6 10.8 17.0 23.3 2,257,448 27,753,094 99,887,418 200,257,306 331,961,753 [2] 0.4 1.3 2.7 4.5 1.9 -91,196,611 [1] -34,085 6,301 [2] -5,987,541 [1]
No adjusted gross income
$1 under $5,000 $1 under $10,000 $1 under $15,000 $1 under $20,000 $1 under $25,000
$1 under $30,000 $1 under $40,000 $1 under $50,000 $1 under $75,000 $1 under $100,000
$1 under $200,000 $1 under $500,000 $1 under $1,000,000 $1 under $1,500,000 $1 under $2,000,000
$1 under $5,000,000 $1 under $10,000,000 $1 or more
All returns
Individual Returns 2006
Size and accumulated size of adjusted gross income
Accumulated from Smallest Size
of Adjusted Gross Income -856,524 4,222,616 9,997,283 15,716,074 21,568,486 [2] 0.1 0.6 1.4 2.7 4.3 8.7 13.6 26.9 38.9 60.5 73.9 80.3 83.2 85.0 89.9 92.7 100.0 100.0 27,351,651 38,507,878 47,837,543 65,655,406 76,636,613 88,677,995 91,793,238 92,381,284 92,531,384 92,595,247 92,693,772 92,718,696 92,734,625 92,740,926 856,788 4,224,923 10,000,794 15,721,349 21,574,436 27,345,506 38,501,066 47,830,143 65,644,694 76,624,110 88,660,365 91,773,323 92,360,789 92,510,782 92,574,535 92,672,912 92,697,796 92,713,707 92,713,707 4,908,132,965 5,061,766,649 5,460,467,126 5,460,467,126 3,305,313,622 4,036,391,004 4,383,999,245 4,545,342,886 4,643,352,235 237,024,302 474,787,973 742,026,116 1,468,362,859 2,125,265,617 959,903 7,553,728 32,345,539 78,437,315 145,857,751 -[1] 6,301 181,211 88,684 743,074 3,116,203 7,875,481 15,377,173 25,773,739 53,066,828 85,576,336 180,019,719 270,039,090 479,420,191 656,461,276 750,675,227 794,800,409 821,521,104 893,166,613 932,723,134 1,023,735,188 1,023,916,399 [2] [2] 0.1 0.3 0.8 1.5 2.5 5.2 8.4 17.6 26.4 46.8 64.1 73.3 77.6 80.2 87.2 91.1 100.0 100.0 181,211 88,684 743,074 3,116,203 7,875,481 15,377,173 25,773,739 53,066,828 85,576,336 180,019,731 270,039,102 479,420,203 656,461,288 750,675,240 794,800,464 821,521,759 893,168,854 932,725,375 1,023,738,929 1,023,920,139 [2] [2] 0.1 0.3 0.8 1.5 2.5 5.2 8.4 17.6 26.4 46.8 64.1 73.3 77.6 80.2 87.2 91.1 100.0 100.0 [1] 9.2 9.8 9.6 10.0 10.5 10.9 11.2 11.5 12.3 12.7 14.5 16.3 17.1 17.5 17.7 18.2 18.4 18.7 18.8 [1] 3.9 2.7 3.1 3.9 4.6 5.2 6.0 6.6 7.5 8.1 9.7 11.2 12.0 12.4 12.6 13.1 13.3 13.7 13.8 28,759 104 176 312 501 713 942 1,378 1,789 2,742 3,524 5,406 7,152 8,126 8,590 8,872 9,636 10,060 11,039 11,041
No adjusted gross income
$1 under $5,000 $1 under $10,000 $1 under $15,000 $1 under $20,000 $1 under $25,000
$1 under $30,000 $1 under $40,000 $1 under $50,000 $1 under $75,000 $1 under $100,000
$1 under $200,000 $1 under $500,000 $1 under $1,000,000 $1 under $1,500,000 $1 under $2,000,000
$1 under $5,000,000 $1 under $10,000,000 $1 or more
All returns
Footnotes at end of table.
(All figures are estimates based on samples--money amounts are in thousands of dollars except as indicated) All returns Number of returns Amount (43) (44) (45) (46) (47) (48) (49) Percent of total Average (dollars) Amount Percent of total (41) (42) Percent of total Adjusted gross income less deficit Number of returns Percent of total Adjusted gross income less deficit Taxable returns
Table 1.1--Selected Income and Tax Items, by Size and Accumulated Size of Adjusted Gross Income--Continued
Size and accumulated size of adjusted gross income
Accumulated from Largest Size 15,956 40,931 139,655 203,661 354,093 943,398 4,064,884 16,153,306 27,293,714 46,148,630 56,835,823 70,987,647 79,737,408 89,649,669 100,587,363 112,299,044 124,085,791 135,719,160 138,394,754 Taxable income Number of returns (50) (51) (52) (53) (54) total returns total (55) (56) Amount Percentage of Number of Amount Income tax after credits Percentage of Amount Total (57) 100.0 8,030,842,945 100.0 58,029 92,740,927 Taxable returns--continued Total income tax Percentage of Taxable income (58) Adjusted gross income less deficit (59) Average income tax (dollars) (60) 98.1 8,122,039,556 101.1 59,844 92,734,626 100.0 100.0 51.3 57.6 64.8 72.7 81.1 89.7 7,202,531,880 7,442,784,007 7,665,646,631 7,856,684,725 8,003,042,435 8,091,035,081 89.7 92.7 95.5 97.8 99.7 100.7 101,462 93,341 85,507 78,108 71,265 65,205 65,382,975 71,160,190 77,013,277 82,733,832 88,509,704 91,877,838 70.5 76.7 83.0 89.2 95.4 99.1 6,954,481,129 7,113,498,950 7,245,203,397 7,345,573,284 7,417,707,608 7,443,203,254 7,445,460,702 7,439,473,162 11.7 19.7 33.3 41.1 4,112,350,377 5,073,191,695 6,231,578,042 6,710,373,742 51.2 63.2 77.6 83.6 254,583 185,874 135,033 118,066 16,098,014 27,079,221 44,897,084 54,226,748 17.4 29.2 48.4 58.5 4,101,610,754 5,049,044,664 6,146,461,416 6,565,048,003 55.1 67.9 82.6 88.2 93.5 95.6 97.4 98.7 99.7 100.1 100.1 100.0 0.1 0.3 0.7 2.9 1,029,224,076 1,211,267,653 1,610,876,638 2,506,027,661 12.8 15.1 20.1 31.2 5,053,614 3,420,761 1,707,526 616,507 203,241 353,341 941,387 4,056,631 0.2 0.4 1.0 4.4 1,027,380,531 1,209,022,580 1,607,767,621 2,501,104,714 13.8 16.3 21.6 33.6 [2] [2] 0.1 452,475,087 623,882,790 919,012,287 5.6 7.8 11.4 28,357,677 15,242,305 6,580,590 15,929 40,853 139,378 [2] [2] 0.2 451,838,401 622,870,112 917,415,467 6.1 8.4 12.3
Basic Tables 2006
of Adjusted Gross Income
$10,000,000 or more $5,000,000 or more $2,000,000 or more
$1,500,000 or more $1,000,000 or more $500,000 or more $200,000 or more
$100,000 or more $75,000 or more $50,000 or more $40,000 or more
$30,000 or more $25,000 or more $20,000 or more $15,000 or more $10,000 or more $5,000 or more
$1 or more
All returns
Size and accumulated size of adjusted gross income
Accumulated from Largest Size 15,911 40,795 139,172 202,925 352,918 940,384 4,053,342 16.8 19.7 26.1 39.5 61.1 73.1 86.4 91.3 95.7 97.3 98.6 99.4 99.9 100.0 100.0 100.0 16,089,597 27,069,013 44,883,564 54,212,641 65,368,201 71,145,221 76,997,633 82,716,423 88,491,091 91,857,182 92,713,707 5,460,467,126 5,223,442,823 5,314,609,375 5,382,029,811 5,428,121,587 5,452,913,398 5,459,507,223 3,335,201,509 3,992,104,266 4,718,441,010 4,985,679,152 915,124,239 1,076,467,881 1,424,076,122 2,155,153,504 203,241 353,341 941,387 4,056,630 16,098,013 27,079,220 44,897,083 54,226,747 65,382,974 71,160,189 77,013,276 82,733,831 88,509,703 91,877,837 92,734,625 92,740,926 398,700,477 552,334,161 817,114,891 7.3 10.1 15.0 15,929 40,853 139,378 91,012,054 130,568,575 202,214,084 228,934,779 273,059,961 367,273,912 544,314,997 753,696,098 843,715,469 938,158,852 970,668,360 997,961,449 1,008,358,015 1,015,859,707 1,020,618,985 1,022,992,114 1,023,646,504 1,023,735,188 1,023,916,399 8.9 12.8 19.7 22.4 26.7 35.9 53.2 73.6 82.4 91.6 94.8 97.5 98.5 99.2 99.7 99.9 100.0 100.0 100.0 91,013,554 130,570,075 202,217,170 228,938,464 273,063,689 367,277,640 544,318,726 753,699,827 843,719,198 938,162,593 970,672,100 997,965,190 1,008,361,756 1,015,863,447 1,020,622,725 1,022,995,855 1,023,650,244 1,023,738,929 1,023,920,139 8.9 12.8 19.7 22.4 26.7 35.9 53.2 73.6 82.4 91.6 94.8 97.5 98.5 99.2 99.7 99.9 100.0 100.0 100.0 22.8 23.6 24.7 25.0 25.4 25.8 25.3 22.6 21.1 19.9 19.5 19.1 19.0 18.9 18.8 18.8 18.7 18.7 18.8 20.1 21.0 22.0 22.3 22.6 22.8 21.8 18.4 16.7 15.3 14.8 14.3 14.2 14.0 13.9 13.8 13.8 13.7 13.8 5,713,702 3,196,095 1,450,854 1,126,438 772,805 390,145 134,180 46,819 31,157 20,896 17,900 15,263 14,170 13,191 12,336 11,558 11,141 11,039 11,041
of Adjusted Gross Income
$10,000,000 or more $5,000,000 or more $2,000,000 or more
$1,500,000 or more $1,000,000 or more $500,000 or more $200,000 or more
$100,000 or more $75,000 or more $50,000 or more $40,000 or more
$30,000 or more $25,000 or more $20,000 or more $15,000 or more $10,000 or more $5,000 or more
$1 or more
All returns 92,713,707 5,460,467,126 [1] Percentage not computed. [2] Less than 0.05 percent. NOTE: Detail may not add to totals because of rounding.
33
34
(All figures are estimates based on samples--money amounts are in thousands of dollars) All returns Adjusted gross income Number of returns (3) 891,911,609 13,701,043 30,992,750 48,679,895 64,289,348 64,891,816 62,615,725 56,170,790 92,969,386 74,720,994 147,796,871 98,728,598 112,610,244 20,812,455 1,852,070 465,721 195,296 294,709 75,710 48,187 559,830,041 42,964 * 8,306 2,286,609 15,998,745 19,646,421 23,466,929 24,731,792 55,205,533 55,116,559 131,415,083 96,192,421 112,013,383 20,778,439 1,849,018 1,077,839 332,081,568 3,770,537 9,976,544 8,147,439 10,610,868 2,957,262 551,845 338,135 6,721,474 3,266,548 1,125,404 825,885 524,163 4,683,478 8,590,341 12,647,336 41,131,313 52,740,328 169,793,195 166,368,784 294,319,827 140,429,335 49,119,305 131,967,702 155,251,862 275,037 2,087,265 26,257 93,580 6,158 13,637 ---850,630 3,341,240 5,500,835 5,196,297 5,027,202 4,650,831 7,885,680 5,559,127 7,838,066 2,833,732 1,429,475 157,969 36,196 15,190 36,261,263 42,402,082 1,073,985,426 50,322,469 15,735 53,489,509 219 24,348 17,653,722 627 95,326 30,051,854 3,396 32,294 5,894 2,022 353,069,111 -1,283,821 16,534,815 29,271,515 29,954,091 32,232,243 30,474,024 55,335,913 43,511,156 69,935,207 28,058,378 14,438,857 1,540,758 350,288 148,045 254,395,075 61,068 11,936,247 2,928 28,971 142,284 20,077,961 8,145 79,967 552,797 49,648,717 36,460 352,573 2,962,237 141,755,680 159,232 1,551,488 3,116,212 588,218 150,188 63,844 98,492 24,914 15,931 -856,524 3,366,091 5,774,668 5,718,790 5,852,412 5,777,020 11,155,559 9,329,077 17,814,551 10,979,416 3,112,958 587,466 10,655,930 299,344,593 1,431,428 14,455,415 8,297,996 174,668,813 2,842,375 28,144,230 11,102,730 10,818,922 196,833,604 8,032,741 71,896,979 18,708,802 4,546,362 71,839,198 6,140,831 49,279,206 10,511,657 284,972,064 743,787,518 660,346,861 731,857,821 348,055,997 161,556,432 98,151,682 265,082,448 153,833,151 399,093,365 92,713,707 5,460,467,126 -959,903 6,593,825 24,791,811 46,091,775 67,420,436 91,166,552 237,763,671 267,238,142 726,336,744 656,902,758 12,036,255 1,180,048,005 731,077,382 347,608,241 352,918 1,076,467,881 13,953,695 118,678,317 4,363,179 65,217,946 9,784,646 72,889,698 13,733,631 265,074,215 1,821,779 26,575,063 6,927,002 49,866,813 8,252,297 111,592,271 1,536,608 21,996,060 8,375,654 59,646,185 8,830,458 84,959,346 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,243 588,046 150,100 63,863 98,525 24,924 15,929 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,243 588,046 353,341 -1,276,531 19,170,566 9,661,065 67,360,733 7,958,803 54,399,481 5,720,555 1,029,474 15,044,424 10,682,206 71,356,540 6,631,856 27,161,757 5,775,871 577,704 8,464,825 11,207,720 68,845,027 3,931,639 7,022,667 3,368,135 345,274 5,468,507 11,287,057 51,670,150 880,556 964,764 856,788 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,384 90,019,371 209,381,101 177,041,085 94,213,951 44,125,182 26,720,695 71,645,509 39,556,521 91,012,054 92,740,926 1,023,916,399 181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,384 90,019,371 209,381,101 177,041,085 94,213,951 273,059,961 -------6,301 181,211 49,123,555 1,229,237,288 86,583,732 607,464,186 106,667,402 5,579,145,443 92,740,926 1,023,916,399 (4) (5) (6) (7) (8) (9) (10) (11) (12) returns returns returns returns (13) Amount of Amount of Amount of Amount of Number Number Number Number Amount less deficit (1) (2) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status
Size of adjusted gross income
Number of returns
All returns, total 2,675,594 31,004,475 87,992,646 146,357,710 191,038,094 222,862,623 240,252,128 492,158,138 478,795,699 960,841,319 895,151,023 399,608,986 182,043,576 110,211,789 295,129,497 171,407,703 452,475,087 -5,987,541 2,257,448 25,495,646 72,134,324 100,369,887 131,704,447 159,017,821 389,433,125 418,586,587 947,433,910 893,337,094 398,745,041 -91,196,610
138,394,754 8,030,842,945
92,740,927 1,023,920,139 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 150,100 63,863 98,525 24,924 15,929 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 353,341 -181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,395 90,019,371 209,381,101 177,041,086 94,213,951 44,125,224 26,721,295 71,647,095 39,556,521 91,013,554 92,740,927 1,023,920,139 181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,395 90,019,371 209,381,101 177,041,086 94,213,951 273,063,689 --
No adjusted gross income
$1 under $5,000
11,633,370
$5,000 under $10,000
11,786,747
$10,000 under $15,000 9,912,261 8,749,761
11,711,680
$15,000 under $20,000
10,937,694
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
14,151,824
$40,000 under $50,000
10,687,193
$50,000 under $75,000
18,854,917 1,158,386,347
$75,000 under $100,000 3,121,485 589,306 150,431 64,007 98,724 24,975 15,956 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 9,329,664
11,140,408
$100,000 under $200,000
12,088,423 1,606,322,715
12,067,176 1,181,233,605
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
Individual Returns 2006
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
92,740,927 7,439,473,161
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
11,156,227
$40,000 under $50,000
$50,000 under $75,000
17,817,863 1,097,416,752
$75,000 under $100,000 3,115,244 588,046 353,341 1,209,022,580 591,369,784
10,981,207
$100,000 under $200,000
12,041,382 1,600,506,040
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
45,653,826
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Returns of married persons filing jointly Adjusted gross income Number of returns (16) 523,672,914 7,178,755 6,524,767 10,678,690 16,632,662 21,055,865 22,371,633 22,034,232 45,098,225 44,471,998 112,540,080 87,780,645 104,692,369 19,881,198 1,731,785 433,753 181,070 271,695 69,648 43,843 372,955,451 24,425 * 2,868 * 6,831 * 6,979 2,407,014 6,657,226 6,942,055 19,689,466 27,926,096 97,234,520 85,356,764 104,121,852 19,851,421 1,729,335 998,597 150,717,464 644,378 1,020,857 5,150,120 6,131,796 8,913,557 2,521,998 469,526 280,317 3,513,883 167,993 113,477 5,068 * 1,057 * 16,225 59,523 1,533,754 2,537,635 10,435,061 17,204,514 93,085,136 127,385,198 250,515,866 119,308,037 41,403,762 104,381,104 91,205,566 *3 * 53 * 252 * 5,798 --25,420,399 767,871,666 15,128,499 -*9 ** 1,021 ** 359,645 877,870 852,451 1,986,265 2,262,370 5,044,038 2,364,464 1,219,615 120,482 28,223 12,046 8,434,213 12,694 40,398,245 155 20,018 14,093,993 477 77,759 24,179,078 2,557 50,855 9,777,242 2,333 25,435 27,425 5,093 1,665 162,672,990 -* 98 ** 12,527 ** 3,938,811 9,911,442 9,497,454 21,542,712 24,084,564 53,443,540 25,282,821 13,209,490 1,315,982 303,871 129,677 89,890,773 119,382 16,686,058 6,607 70,921 470,132 41,745,837 28,381 305,529 2,525,334 120,202,982 121,243 1,323,846 8,952,560 254,540,643 1,220,805 13,221,724 10,158,455 2,643,396 497,769 125,837 53,083 80,156 20,454 12,833 ----362,988 991,322 1,020,254 2,630,634 3,282,644 10,193,258 8,494,707 10,129,810 2,641,217 497,271 292,060 4,806,759 6,266,135 134,220,545 2,372,451 25,365,117 8,612,366 5,889,835 114,977,669 5,225,684 55,315,855 11,018,519 1,582,623 30,115,034 2,766,554 29,280,764 4,233,670 1,252,491 24,251,855 3,178,389 33,841,039 4,140,722 54,854,282 93,330,983 410,590,825 500,735,380 983,421,817 617,158,429 294,283,651 135,275,241 81,666,991 215,566,284 126,461,209 313,763,746 40,536,165 3,791,078,320 ----443,171 4,259,154 9,130,222 41,133,846 79,283,531 394,425,558 497,467,831 982,461,174 616,655,967 293,989,648 871,828,217 55,491,458 477,392 9,302,903 1,736,870 18,615,453 1,851,583 13,451,083 437,856 8,187,282 1,851,606 19,997,783 1,483,758 5,507,557 334,553 6,556,546 1,857,373 20,253,464 410,324 502,299 225,476 4,749,533 1,506,121 16,472,937 --* 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 10,194,158 8,496,260 10,133,172 2,642,480 497,749 125,784 53,101 80,183 20,467 12,828 40,551,555 2,657 * 261 * 1,023 * 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 10,194,158 8,496,260 10,133,172 2,642,480 497,749 292,363 -151,687 3,155,802 1,029,628 11,261,233 --* 1,023 87,501 1,935,985 655,479 7,178,480 --* 261 ------2,657 28,934,283 859,077,233 23,562,712 252,563,763 45,342,924 3,846,569,779 40,551,555 733,816,730 108,400 * 1,245 * 1,738 * 864 45,712 392,681 818,671 3,686,985 7,479,399 41,652,349 60,497,999 167,569,483 148,390,523 80,207,974 37,344,755 22,380,918 58,580,821 32,721,487 71,934,726 733,816,730 108,400 * 1,245 * 1,738 * 864 45,712 392,681 818,671 3,686,985 7,479,399 41,652,349 60,497,999 167,569,483 148,390,523 80,207,974 222,962,707 -(17) (18) (19) (20) (21) (22) (23) (24) returns returns returns Amount of Amount of Amount of Amount of returns (25) 40,551,555 2,657 * 261 * 1,023 * 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 10,194,158 8,496,260 10,133,172 2,642,480 497,749 125,784 53,101 80,183 20,467 12,828 40,551,555 2,657 * 261 * 1,023 * 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 10,194,158 8,496,260 10,133,172 2,642,480 497,749 292,363 -(26) 733,818,888 108,400 * 1,245 * 1,738 * 864 45,712 392,681 818,671 3,686,985 7,479,399 41,652,349 60,497,999 167,569,483 148,390,523 80,207,974 37,344,798 22,381,517 58,580,836 32,721,487 71,936,227 733,818,888 108,400 * 1,245 * 1,738 * 864 45,712 392,681 818,671 3,686,985 7,479,399 41,652,349 60,497,999 167,569,483 148,390,523 80,207,974 222,964,865 -Number Number Number Number Amount less deficit (14) (15) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status--Continued
Basic Tables 2006
Size of adjusted gross income
Number of returns
All returns, total 797,892 742,980 1,181,314 1,731,597 2,191,926 2,289,462 2,214,262 4,430,880 4,349,177 692,357,267 747,376,711 758,050,599 337,863,545 152,380,159 91,588,423 239,805,781 140,503,966 354,063,890 -3,661,017 * 674 * 7,986 * 15,417 6,845,373 22,358,142 28,105,682 92,800,174 148,479,599 638,174,621 735,412,345 756,858,023 337,309,069 976,837,056 257,095,468 8,638,586 2,646,577 498,556 125,990 53,188 80,316 20,494 12,849 2,657 * 261 * 1,023 * 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 8,496,260 2,642,480 497,749 292,364 195,870,735 155,191,042 60,889,359 51,545,637 38,534,628 21,925,615 9,143,031 1,955,777 -57,335,082
53,294,930 5,346,722,611
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
11,115,519
$75,000 under $100,000
$100,000 under $200,000
10,173,366 1,355,011,527
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
40,551,555 5,089,627,143
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
10,194,158
$75,000 under $100,000
$100,000 under $200,000
10,133,172 1,350,083,999
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
12,743,375
35
Footnotes at end of table
36
(All figures are estimates based on samples--money amounts are in thousands of dollars) Returns of married persons filing separately Adjusted gross income Number of returns (29) 11,003,300 282,236 454,002 522,762 702,889 925,297 958,747 1,085,338 1,923,867 1,527,314 ** 2,551,811 ** ** ** 69,036 ** ** ** ** ** ** 8,453,347 2,863 5,427 118,364 499,891 620,465 737,364 835,741 1,651,317 1,425,046 ** 2,488,491 ** ** ** 68,377 ** ** 2,549,953 ** ** ** 43,111 ** ** 129,364 198,167 ** 463,853 184,912 65,201 56,594 440,100 499,286 1,921,096 2,137,436 ** 8,133,239 ** ** ** 7,878,579 ** ** 2,970,051 26,587 165,093 17,709 86,737 6,748 11,923 1,645 1,560 -** 161,172 ** 150,062 139,675 143,855 199,237 93,297 74,613 12,862 9,526 1,744 590 231 266,704 ---1,064,528 21,275,048 986,863 ** ** 8 ** ** 10 54 41 5,138,962 --** 833,608 ** 777,806 726,457 742,471 1,042,249 491,022 392,183 68,089 51,851 8,931 3,046 1,250 1,381,279 ** ** 84 455 ** ** 44 233 ** ** 94 513 ** ** 609 3,141 7,422 2,481 1,329 3,608 822 800 2,058,202 -* 1,645 38,300 147,965 176,649 196,270 210,036 387,140 ** 883,812 ** ** ** ** 7,377 9,007 117,060 ** 43,414 ** 8,102,380 1,851 9,485 ** ** ** 9,803 53,306 ** ** ** 12,975 68,668 ** ** 469,933 ** 8,651,799 75,551 397,016 ** ** ** ** ** 4,303,732 2,672,909 1,965,500 10,456,476 5,021,016 26,268,328 116,049,621 -* 1,031 52,235 607,487 1,544,045 2,505,422 3,690,195 8,865,353 ** 48,189,184 ** ** ** ** 4,275,119 46,319,550 1,210,331 205,107 2,300,960 95,512 502,471 ** 895,380 ** 48,519,286 204,516 2,355,908 206,399 1,078,986 408,128 9,127,348 77,484 740,961 158,137 815,420 230,641 3,904,615 70,356 885,051 153,243 796,328 215,799 2,641,385 196,270 210,036 387,149 291,464 356,576 115,549 91,049 29,281 7,386 2,474 1,322 3,620 822 803 2,059,183 823 * 1,645 38,300 147,965 176,649 196,270 210,036 387,149 291,464 356,576 115,549 91,049 29,281 7,386 9,041 -40,952 467,067 177,475 918,356 204,508 1,675,741 176,649 38,801 322,853 146,393 757,146 161,256 646,514 147,965 26,951 256,238 109,718 572,988 41,442 56,070 38,300 16,380 161,882 105,664 545,634 * 1,645 * 1,031 * 1,645 * 104 5,072 59,944 164,519 279,800 446,789 1,098,036 1,179,356 2,550,517 1,396,035 2,265,445 1,879,869 1,131,753 715,953 529,855 3,028,757 1,263,434 5,959,169 23,979,148 24,740 * 104 5,072 59,944 164,519 279,800 446,789 1,098,036 1,179,356 2,550,517 1,396,035 2,265,445 1,879,869 1,131,753 11,497,168 -------823 24,740 1,193,892 24,245,099 1,253,567 6,520,241 2,175,262 117,259,953 2,059,183 23,979,148 (30) (31) (32) (33) (34) (35) (36) (37) (38) 2,059,183 823 * 1,645 38,300 147,965 176,649 196,270 210,036 387,149 291,464 356,576 115,549 91,049 29,281 7,386 2,474 1,322 3,620 822 803 2,059,183 823 * 1,645 38,300 147,965 176,649 196,270 210,036 387,149 291,464 356,576 115,549 91,049 29,281 7,386 9,041 -returns returns returns returns (39) 23,979,148 24,740 * 104 5,072 59,944 164,519 279,800 446,789 1,098,036 1,179,356 2,550,517 1,396,035 2,265,445 1,879,869 1,131,753 715,953 529,855 3,028,757 1,263,434 5,959,169 23,979,148 24,740 * 104 5,072 59,944 164,519 279,800 446,789 1,098,036 1,179,356 2,550,517 1,396,035 2,265,445 1,879,869 1,131,753 11,497,168 -Amount of Amount of Amount of Amount of Number Number Number Number Amount less deficit (27) 2,524,941 150,783,348 -5,789,748 307,962 1,038,870 2,330,277 3,852,690 5,014,578 6,493,962 14,407,766 13,323,359 ** 44,010,761 ** ** ** 65,792869 ** ** ** ** ** ** 149,883,805 -983,971 * 8,018 341,781 1,868,464 3,107,409 4,409,343 5,767,693 13,479,708 12,910,324 ** 43,470,989 ** ** ** 65,504,046 ** ** 899,543 69,397 122,444 137,992 185,194 218,430 223,598 236,600 413,915 300,619 ** ** ** 46,147 ** ** ** ** ** ** 2,059,183 823 * 1,645 38,300 147,965 176,649 196,270 210,036 387,149 291,464 ** ** **45,708 ** ** 465,758 (28) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status--Continued
Size of adjusted gross income
Number of returns
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
** 570,605
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
** 563,174
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Returns of head of households Adjusted gross income Number of returns (42) 174,175,546 1,475,549 8,476,235 17,013,589 24,951,351 23,268,187 22,574,518 18,270,985 23,127,623 13,568,803 14,530,452 3,984,531 2,586,315 299,349 31,051 6,578 3,248 5,147 1,166 870 49,529,270 ** --193,814 993,018 1,567,130 ** 3,432,620 11,852,248 10,951,044 13,709,036 3,909,467 2,575,484 297,682 30,834 16,892 124,646,276 427,301 583,688 1,137,679 415,096 307,856 62,169 11,795 6,350 1,440,691 69,874 24,893 9,256 650 3,695 91,210 269,448 820,003 5,344,721 8,242,729 20,079,089 9,403,859 9,079,791 3,176,504 1,142,997 2,246,101 24,984,451 ------3,056,607 59,900,147 3,689,718 ---41,922 153,445 214,693 452,345 1,220,464 843,605 634,976 95,944 24,750 5,893 1,297 386 12,331,336 328 730,850 *5 436 344,023 15 1,866 607,838 133 1,162 218,792 95 746 1,015 115 * 39 27,998,801 ---328,420 1,184,705 1,642,410 3,424,181 9,235,799 6,390,833 4,814,927 730,620 188,381 45,712 9,860 2,952 93,154,395 2,596 378,841 145 1,090 11,848 1,165,363 1,327 10,088 62,447 3,229,739 6,004 46,546 308,931 9,245,066 24,906 189,552 332,801 68,179 13,106 2,729 1,249 1,992 450 332 6,745,382 ---42,572 162,701 239,587 522,219 1,647,766 1,427,293 1,772,615 511,038 331,896 67,924 13,050 6,722 6,775,791 420,738 9,696,325 96,016 731,164 515,749 1,193,506 21,943,691 643,759 4,881,242 1,831,212 731,761 11,591,414 914,338 6,923,719 1,623,817 806,356 12,042,007 1,886,240 14,261,637 2,636,345 43,858,422 41,410,031 68,689,261 29,580,497 31,039,473 16,047,776 7,606,207 2,977,092 1,936,993 5,328,452 2,733,033 7,888,273 251,366,047 ---54,790 603,878 1,933,082 6,837,440 31,280,047 38,229,901 67,689,489 29,461,819 30,945,188 15,979,251 7,569,536 20,781,624 49,680,248 350,262 5,048,681 1,739,672 13,147,907 2,020,134 21,322,778 267,871 3,645,923 2,328,570 17,608,800 2,423,341 15,307,325 160,600 2,256,145 2,559,970 19,359,609 1,799,706 5,132,309 91,416 1,380,349 2,776,268 20,998,738 250,029 188,371 42,572 162,701 239,587 ** 522,898 1,647,766 1,427,293 1,772,654 511,039 332,605 68,062 13,092 2,721 1,244 1,991 449 331 6,747,004 ** --42,572 162,701 239,587 ** 522,898 1,647,766 1,427,293 1,772,654 511,039 332,605 68,062 13,092 6,736 -56,495 831,587 2,034,561 15,383,062 ---28,678 527,964 1,009,030 7,608,129 ---------** 4,497,298 84,884,598 16,021,055 121,153,196 13,521,172 301,046,295 6,747,004 36,833,734 ** --5,076 57,389 172,749 ** 451,915 2,347,367 3,501,749 8,016,263 4,742,831 6,289,577 4,071,604 2,067,355 788,344 535,458 1,342,165 687,786 1,756,106 36,833,734 ** --5,076 57,389 172,749 ** 451,915 2,347,367 3,501,749 8,016,263 4,742,831 6,289,577 4,071,604 2,067,355 5,109,859 -(43) (44) (45) (46) (47) (48) (49) (50) returns returns returns Amount of Amount of Amount of Amount of returns (51) 6,747,004 ** --42,572 162,701 239,587 ** 522,898 1,647,766 1,427,293 1,772,654 511,039 332,605 68,062 13,092 2,721 1,244 1,991 449 331 6,747,004 ** --42,572 162,701 239,587 ** 522,898 1,647,766 1,427,293 1,772,654 511,039 332,605 68,062 13,092 6,736 -(52) 36,833,734 ** --5,076 57,389 172,749 ** 451,915 2,347,367 3,501,749 8,016,263 4,742,831 6,289,577 4,071,604 2,067,355 788,344 535,458 1,342,165 687,786 1,756,106 36,833,734 ** --5,076 57,389 172,749 ** 451,915 2,347,367 3,501,749 8,016,263 4,742,831 6,289,577 4,071,604 2,067,355 5,109,859 -Number Number Number Number Amount less deficit (40) 630,183,874 -2,749,342 3,114,077 16,153,937 35,833,917 47,468,632 58,392,521 57,200,967 92,929,533 73,400,533 110,004,615 43,981,405 42,953,562 19,605,540 8,764,070 3,342,200 2,150,660 5,941,105 3,076,771 8,619,170 388,562,355 ** --580,720 2,872,812 5,412,070 ** 14,380,917 57,712,815 63,814,507 106,292,438 43,505,732 42,778,380 19,489,885 8,706,474 23,015,605 241,621,519 (41) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status--Continued
Size of adjusted
Basic Tables 2006
gross income
Number of returns
All returns, total 151,015 1,037,708 2,091,056 2,867,684 2,720,570 2,596,441 2,089,934 2,692,596 1,646,100 1,837,265 516,754 333,837 68,452 13,175 2,741 1,257 1,999 451 333 6,747,004 ** --42,572 162,701 239,587 1,647,766 1,427,293 1,772,654 511,039 332,605 68,062 13,092 6,737
20,669,369
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
** 522,898
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
13,922,364
37
Footnotes at end of table
38
(All figures are estimates based on samples--money amounts are in thousands of dollars) Returns of surviving spouses Adjusted gross income Number of returns (55) 630,238 13,702 * 69,811 * 37,570 * 57,660 80,419 * 24,184 * 40,631 * 72,208 * 48,892 ** 176,077 ** ** ** 9,085 ** ** ** ** ** ** 262,862 ** -----** 13,204 * 30,835 * 33,780 ** 175,984 ** ** ** 9,058 ** ** 367,376 ** ** ** 1,714 ** ** 7,646 * 625 ** 11,171 * 1,018 ----* 14,957 * 8,660 ** 216,237 ** ** ** 130,481 ** ** 153,314 -------------* 2,000 * 3,654 * 2,996 7,249 * 1,644 ---*6 33,253 ---14,528 370,334 17,548 ** ** -** ** ---182,735 ------* 20,596 * 39,628 * 30,856 74,662 * 16,936 ---* 57 345,381 ** ** *3 * 32 ** ** --** ** *3 * 25 ** ** --* 137 * 19 * 11 42 *8 *8 32,076 ------* 2,000 * 4,672 ** 25,179 ** ** ** ** * 137 88 14,482 ** 1,719 ** 135,667 --** ** ** --** ** ** * 1,644 * 16,936 ** ** 11,178 ** 217,224 7,249 74,662 ** ** ** ** ** * 84,168 * 13,991 * 16,006 115,525 * 51,524 * 182,284 2,055,220 ------* 22,858 * 81,783 ** 1,487,081 ** ** ** ** * 84,168 379,330 124,745 * 1,352 * 23,736 * 3,621 * 37,294 ** 26,431 ** 1,512,338 * 1,018 * 14,957 * 7,283 * 77,010 * 8,301 * 120,282 * 1,007 * 13,393 * 4,649 * 47,884 * 5,656 * 59,297 --* 3,664 * 37,741 * 3,664 * 23,343 -** 2,001 * 4,672 * 3,621 11,372 * 6,285 * 2,407 1,494 * 137 * 19 * 11 42 *8 *8 32,077 ** -----** 2,001 * 4,672 * 3,621 11,372 * 6,285 * 2,407 1,494 * 137 88 -2,302 48,988 6,501 66,963 * 2,279 * 1,206 -* 650 * 8,135 * 6,943 * 72,523 ---* 1,287 * 39,339 * 3,302 * 35,879 ---* 1,660 * 22,209 * 5,939 * 61,168 --------** 922 * 6,190 * 7,819 41,399 * 48,462 * 30,253 86,282 * 24,774 * 4,279 * 5,369 32,231 * 12,466 * 35,704 336,150 ** -----** 922 * 6,190 * 7,819 41,399 * 48,462 * 30,253 86,282 * 24,774 90,049 -------** ** 22,174 523,648 50,801 528,116 46,557 2,179,965 32,077 336,150 (56) (57) (58) (59) (60) (61) (62) (63) (64) 32,077 ** -----** 2,001 * 4,672 * 3,621 11,372 * 6,285 * 2,407 1,494 * 137 * 19 * 11 42 *8 *8 32,077 ** -----** 2,001 * 4,672 * 3,621 11,372 * 6,285 * 2,407 1,494 * 137 88 -returns returns returns returns (65) 336,150 ** -----** 922 * 6,190 * 7,819 41,399 * 48,462 * 30,253 86,282 * 24,774 * 4,279 * 5,369 32,231 * 12,466 * 35,704 336,150 ** -----** 922 * 6,190 * 7,819 41,399 * 48,462 * 30,253 86,282 * 24,774 90,049 -Amount of Amount of Amount of Amount of Number Number Number Number Amount less deficit (53) 74,771 3,462,218 -81,915 * 14,848 * 37,692 * 94,935 151,176 * 85,267 * 161,205 * 284,457 * 232,072 ** 1,515,102 ** ** ** 967,377 ** ** ** ** ** ** 2,866,124 ** -----** 51,631 * 167,203 * 170,749 ** 1,514,529 ** ** ** 962,012 ** ** 596,094 1,796 * 7,598 * 4,589 * 7,593 8,803 * 3,664 * 5,656 * 8,301 * 4,973 ** 20,072 ** ** ** 1,725 ** ** ** ** ** ** 32,077 ** -----** 2,001 * 4,672 * 3,621 ** 20,064 ** ** ** 1,720 ** ** 42,694 (54) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status--Continued
Size of adjusted gross income
Number of returns
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Returns of single persons Adjusted gross income Number of returns (68) 182,429,611 4,750,800 15,467,935 20,427,284 21,944,785 19,562,048 16,686,644 14,739,604 22,747,463 15,103,987 18,903,770 6,389,181 5,000,482 578,433 77,077 21,165 9,072 14,089 3,539 2,252 128,629,112 7,699 10 2,161,414 15,298,061 15,625,924 14,505,209 13,516,147 21,981,667 14,780,593 18,707,781 6,352,955 4,988,553 576,363 76,785 49,951 53,800,499 2,008,938 1,967,200 3,403,916 1,493,243 1,306,565 344,077 63,593 42,591 1,629,889 822,336 630,921 483,251 255,622 1,980,608 4,367,653 6,347,039 8,790,412 23,415,478 25,146,988 52,490,815 27,432,644 32,659,933 16,491,678 5,863,098 19,494,001 35,938,480 19,506 81,603 4,261 6,280 --12,846,019 224,568,230 30,499,841 -850,621 3,309,305 5,328,655 4,533,144 3,794,963 3,200,180 4,476,060 2,356,860 2,077,191 358,818 175,585 29,850 6,086 2,521 15,195,757 1,912 8,919,419 51 3,066 2,387,168 125 12,109 4,228,028 620 7,760 1,611,666 456 2,557 3,367 633 277 157,075,623 -1,283,723 16,363,039 28,268,735 24,052,768 19,951,934 16,789,321 23,475,525 12,513,881 11,209,896 1,959,912 989,135 170,133 33,510 14,109 69,623,246 17,888 2,648,652 1,295 7,418 63,832 6,002,428 6,143 33,815 345,237 16,819,404 30,134 171,611 373,707 69,783 19,122 8,173 12,693 3,180 1,958 -854,880 3,327,791 5,584,131 5,016,453 4,425,233 4,022,512 6,485,348 4,324,056 5,480,770 1,851,837 1,481,106 373,095 69,631 45,040 2,239,604 1,310,856 33,255,686 175,914 990,834 1,481,951 1,503,627 28,589,601 359,289 1,962,346 1,852,632 3,445,551 55,508,761 2,080,499 11,228,204 5,488,322 2,025,518 27,808,055 2,360,805 12,534,958 4,349,990 141,105,104 248,547,645 122,379,834 156,880,101 91,249,086 41,778,239 20,617,198 12,566,192 33,615,710 19,566,368 50,990,733 43,341,883 1,299,917,917 -958,872 6,541,590 24,129,534 43,500,681 58,722,778 71,485,837 156,402,642 140,770,438 248,316,324 122,333,376 156,813,472 91,093,445 41,689,769 137,159,159 12,171,534 2,098,798 26,553,220 4,506,335 23,631,026 6,540,135 157,113,880 915,633 11,469,125 3,287,674 17,240,149 4,144,282 72,854,498 760,526 9,277,804 4,038,571 21,205,533 4,703,895 61,479,735 738,125 9,841,820 5,059,745 26,762,342 5,541,985 47,087,926 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 373,926 69,682 19,101 8,185 12,688 3,178 1,959 43,351,107 2,141 854,883 3,328,812 5,584,277 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 373,926 69,682 45,111 -673,131 8,583,552 6,246,482 33,055,196 6,220,571 26,326,872 5,584,277 341,284 4,181,858 8,030,512 41,591,865 3,890,197 6,966,597 3,328,812 211,055 2,820,466 9,510,946 36,276,739 878,911 963,733 854,883 ------2,141 44,807 87,335 647,580 2,307,245 4,491,658 6,656,461 8,681,533 20,154,512 20,341,183 42,182,856 23,334,044 33,226,344 22,612,807 10,782,095 5,271,850 3,269,094 8,661,535 4,871,348 11,326,348 228,950,637 44,807 87,335 647,580 2,307,245 4,491,658 6,656,461 8,681,533 20,154,512 20,341,183 42,182,856 23,334,044 33,226,344 22,612,807 10,782,095 33,400,175 -14,475,908 260,506,710 45,695,598 226,698,869 45,581,486 1,312,089,451 43,351,107 228,950,637 (69) (70) (71) (72) (73) (74) (75) (76) (77) 43,351,108 2,141 854,883 3,328,812 5,584,277 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 373,927 69,682 19,101 8,185 12,688 3,178 1,959 43,351,108 2,141 854,883 3,328,812 5,584,277 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 373,927 69,682 45,111 -returns returns returns returns (78) 228,952,219 44,807 87,335 647,580 2,307,245 4,491,658 6,656,461 8,681,533 20,154,512 20,341,183 42,182,867 23,334,044 33,226,344 22,612,808 10,782,095 5,271,850 3,269,094 8,663,106 4,871,348 11,326,348 228,952,219 44,807 87,335 647,580 2,307,245 4,491,658 6,656,461 8,681,533 20,154,512 20,341,183 42,182,867 23,334,044 33,226,344 22,612,808 10,782,095 33,401,746 -Amount of Amount of Amount of Amount of Number Number Number Number Amount less deficit (66) (67) Exemption amount Total itemized deductions Standard deduction Taxable income Income tax after credits Total income tax
Table 1.2--All Returns: Adjusted Gross Income, Exemptions, Deductions, and Tax Items, by Size of Adjusted Gross Income and by Marital Status--Continued
Basic Tables 2006
Size of adjusted gross income
Number of returns
All returns, total 1,655,493 9,722,639 8,371,796 6,919,612 5,797,965 4,799,096 4,203,307 6,606,133 4,386,324 5,528,047 1,862,928 1,486,770 375,371 69,977 19,184 8,216 12,729 3,191 1,963 2,141 854,883 3,328,812 5,584,277 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 373,927 69,682 45,112 91,157,159 156,643,067 47,646,135 108,133,342 195,373,028 158,070,757 330,679,883 193,211,408 225,273,225 110,581,521 99,524,892 87,544,295 69,669,723 25,145,880 2,248,756 -1,212,174 59,909,565 21,951,005 37,814,090 14,162,258 23,275,322 47,848,672 108,550,622 195,946,694 159,011,697 333,381,038 195,969,000 229,345,340 115,506,634 107,824,620 101,030,969 86,172,965 61,619,117 25,611,811 -25,240,524
61,830,743 1,899,690,895
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
43,351,108 1,808,533,735
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
18,479,635
39
* Estimate should be used with caution due to the small number of sample returns on which it is based. ** Data combined to prevent disclosure of taxpayer information. NOTE: Detail may not add to totals because of rounding.
40
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars) Item
Table 1.3 -- All Returns: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status
All returns Number of returns (1) Amount (2) 8,030,842,945 5,469,370,119 222,707,445 72,970,971 199,359,146 137,195,800 24,206,006 8,120,381 330,265,386 48,738,126 798,214,029 18,751,674 4,201,647 124,705,552 450,454,465 79,570,209 59,174,928 2,997,397 425,477,314 17,183,423 -15,331,319 26,523,665 144,403,839 29,938,461 113,845,357 35,106 368,258 868,560 3,159,251 23,925,376 22,011,551 20,302,533 429,850 9,115,764 12,533,506 6,156,865 51,814 3,303,121 805,568 9,620,615 1,229,237,288 70,704,272 432,774,100 470,474,844 186,646,644 5,135,555 98,654,116 590,487,763 16,976,422 5,579,145,443 21,564,586 58,938,971 10,958,470 3,486,637 14,571 7,022,420 893,957 1,000,149 31,741,551 50,035 797,162 1,032,247 1,302,464 120,603 1,023,916,399 1,023,920,139 1,071,872,816 1,189,243,053 843,094,979 252,998,613 250,941,390 126,289,889 Joint returns of married persons Number of returns (3) 53,294,930 45,260,173 34,613,103 3,614,189 18,338,546 15,463,746 14,297,903 19,366 9,184,565 3,418,382 10,312,940 5,079,847 1,305,308 5,968,846 13,561,426 3,935,757 3,469,206 371,045 5,497,356 300,771 1,534,960 3,405,011 8,748,038 3,652,753 19,037,651 12,968 64,691 271,394 546,414 10,066,265 945,356 2,571,735 663,026 238,277 2,056,753 4,450,990 30,793 339,122 2,127,200 2,329,108 28,934,283 5,527,496 28,856,871 25,955,455 25,878,929 100,983 6,995,492 23,562,712 5,855,905 45,342,924 3,010,678 25,465,181 3,992,998 3,977,591 16,385 3,903,724 2,334,532 3,082,883 16,104,301 19,847 245,594 269,125 273,886 26,750 40,551,555 40,551,555 42,372,240 52,413,783 47,622,491 6,885,493 38,116,947 13,012,568 Amount (4) 5,346,722,611 3,507,347,497 147,191,414 47,865,479 132,033,394 92,321,802 17,160,528 242,077 230,790,856 31,321,639 592,832,283 11,375,620 3,892,162 86,008,142 293,482,565 56,976,161 39,239,795 1,848,782 351,601,958 8,478,848 -12,633,882 12,975,118 104,335,086 20,232,130 80,007,187 27,121 163,214 737,973 1,923,668 17,115,152 17,645,484 16,139,023 252,001 3,638,433 9,289,852 3,463,486 16,553 2,732,627 559,872 5,526,950 859,077,233 37,045,862 318,838,613 337,640,907 137,208,329 3,272,748 54,237,813 242,416,352 10,147,411 3,846,569,779 17,061,859 40,975,646 7,829,202 2,071,742 1,668 4,087,569 497,438 729,471 23,331,116 36,767 64,712 838,863 984,607 97,609 733,816,730 733,818,888 768,729,259 825,402,458 561,196,968 193,342,696 125,112,075 87,707,242 Separate returns of married persons Number of returns (5) 2,524,941 2,115,689 925,084 87,984 402,629 327,156 474,182 9,422 260,910 102,622 225,465 135,448 35,789 105,921 348,593 87,911 55,352 5,590 137,528 6,260 19,057 116,182 195,665 103,781 404,498 79 2,650 1,695 23,067 266,211 14,499 50,353 15,847 28,862 31,910 -1,002 6,620 49,061 -1,193,892 198,542 1,166,798 853,228 859,873 6,816 311,157 1,253,567 98,875 2,175,262 151,271 584,597 92,904 32,115 --73,346 86,030 358,829 646 -5,966 1,793 265 2,059,183 2,059,183 2,141,016 2,376,640 2,148,004 178,177 1,551,597 834,291 Amount (6) 150,783,348 85,874,944 6,170,536 2,183,605 5,785,705 3,895,018 510,868 179,728 9,894,947 1,597,723 28,949,451 168,855 103,992 1,339,932 6,498,750 1,724,572 799,075 45,163 10,552,930 1,086,812 -271,966 466,720 1,889,192 703,658 1,724,458 117 762 4,946 82,806 461,088 226,315 222,520 4,394 485,050 88,895 -36 113,284 11,929 -24,245,099 881,003 8,335,769 8,817,656 4,613,504 99,488 2,581,517 6,419,326 100,915 117,259,953 706,398 1,267,902 778,011 19,689 --8,829 18,796 393,189 1,094 -18,008 23,780 2,771 23,979,148 23,979,148 25,018,384 24,770,151 12,755,664 7,873,608 2,838,964 4,875,842
Adjusted gross income less deficit Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends State income tax refunds Alimony received Business or profession: Net income Net loss Sales of capital assets: Net gain in AGI Net loss in AGI Sales of property other than capital assets, net gain less loss Taxable IRA distributions Taxable pensions and annuities Rent and royalty: Net income Net loss Farm rental net income less loss Partnership and S Corporation net income less loss Estate and trust net income less loss Farm net income less loss Unemployment compensation Taxable social security benefits Other income less loss Total statutory adjustments Medical savings account deduction Certain business expenses of reservist, performing artists, etc. Health savings account deduction Moving expenses adjustment Deduction for self-employment tax Payments to a Keogh plan Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid IRA payments Student loan interest deduction Jury duty pay deduction Domestic production activities deduction Educator expenses deduction Tuition and fees deduction Total itemized deductions Medical and dental expenses deduction Taxes paid deduction Interest paid deduction Contributions deduction Casualty or theft loss deduction Total miscellaneous deductions Basic standard deduction Additional standard deduction Taxable income Alternative minimum tax Total tax credits [1] Foreign tax credit Child care credit Credit for the elderly or disabled Education credit Retirement savings contribution credit Residential energy credit Child tax credit Alternative motor vehicle credit Earned income credit used to offset income tax before credits Minimum tax credit General business credit Empowerment zone and community renewal employment credit Income tax after credits Total income tax Total tax liability Total tax payments Income tax withheld Estimated tax payments Overpayment refunded Tax due at time of filing Footnotes at end of table.
138,394,754 116,379,376 62,401,235 6,038,822 31,619,775 26,584,184 22,964,214 441,514 16,209,687 5,446,722 18,026,214 8,641,990 1,778,803 9,965,065 24,098,220 5,787,074 5,353,497 588,698 7,619,301 595,604 1,958,273 7,378,438 13,749,185 6,176,952 33,980,524 18,668 120,468 358,968 1,082,576 17,074,708 1,228,299 3,804,190 1,164,171 585,286 3,230,531 8,540,900 57,259 421,128 3,166,931 4,015,828 49,123,555 10,208,792 48,660,923 40,284,927 41,437,749 206,287 13,484,217 86,583,732 11,261,327 106,667,402 3,966,540 46,091,502 6,418,317 6,466,792 98,261 7,725,138 5,192,133 4,344,189 25,741,511 25,300 2,960,172 359,098 386,681 32,209 92,740,926 92,740,927 96,815,936 133,577,700 120,500,889 11,128,072 107,001,071 26,694,105
Basic Tables 2006
Table 1.3 -- All Returns: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status--Continued
Item Returns of heads of households Number of returns (7) Adjusted gross income less deficit 20,669,369 Amount (8) 630,183,874 Returns of surviving spouses Number of returns (9) 74,771 60,931 43,839 2,519 19,107 14,259 9,654 -7,277 1,936 12,673 4,422 1,544 6,602 22,338 4,275 5,831 -2,187 207 1,574 2,433 8,791 5,745 16,603 ---1,623 7,818 49 1,511 556 -394 2,017 -201 2,243 2,886 22,174 6,552 22,172 18,520 19,086 -6,375 50,801 5,019 46,557 1,737 36,458 7,220 4,447 -2,017 1,007 1,812 27,133 -5,299 16 154 11 32,077 32,077 34,308 72,776 64,003 3,783 64,890 8,608 Amount (10) 3,462,218 2,229,537 139,229 45,886 75,444 34,478 9,331 -83,127 3,950 480,686 5,654 1,008 74,513 364,089 32,797 102,715 -7,923 32,137 -8,717 4,859 58,867 54,798 27,880 ---3,861 4,885 2,167 2,847 9 -1,931 1,251 -1,324 561 9,042 523,648 39,718 189,966 215,374 59,887 -32,104 523,098 5,019 2,179,965 7,526 43,837 3,483 3,001 -1,723 201 303 30,344 -1,976 624 1,625 58 336,150 336,150 345,627 467,251 327,693 110,721 206,237 43,559 Returns of single persons Number of returns (11) 61,830,743 49,811,047 23,107,907 2,179,551 11,672,753 9,837,303 6,070,155 229,712 4,639,753 1,438,537 6,834,151 3,095,945 391,846 3,483,622 8,771,716 1,548,390 1,430,828 200,752 1,710,084 264,846 357,835 2,447,757 4,480,118 1,918,957 10,673,217 * 5,581 42,907 74,758 427,963 4,625,774 220,896 984,447 401,995 235,823 915,292 3,294,963 * 18,504 63,544 734,441 1,127,324 14,475,908 3,605,479 14,202,822 9,694,644 11,157,377 71,989 4,461,149 45,695,598 4,999,394 45,581,486 518,029 9,005,941 2,159,869 137,159 * 76,839 2,822,275 1,302,841 851,359 877,548 * 4,798 1,213,605 69,921 95,959 4,124 43,351,107 43,351,108 45,222,573 58,723,023 52,262,844 3,769,544 47,822,891 11,771,578 Amount (12) 1,899,690,895 1,329,446,276 64,322,196 21,729,516 57,297,811 38,115,970 4,744,699 4,192,730 62,752,706 11,833,819 157,219,429 6,511,995 391,055 33,237,208 133,396,239 18,608,681 14,717,001 1,069,521 51,845,431 6,867,527 -2,080,228 8,287,786 35,897,916 7,896,556 24,664,777 * 7,737 182,724 107,301 957,842 4,423,298 3,451,136 3,165,362 143,567 3,756,022 2,643,211 2,207,385 * 14,846 392,931 172,211 2,794,461 260,506,710 29,431,606 82,484,335 84,976,744 35,793,365 1,021,438 31,013,996 220,359,285 6,339,584 1,312,089,451 2,940,707 5,815,412 1,919,012 73,531 * 12,441 2,083,700 167,197 179,138 719,256 * 12,157 167,455 159,703 260,588 15,290 228,950,637 228,952,219 238,691,230 269,970,357 208,550,210 46,282,779 56,653,432 29,381,100
41
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Salaries and wages 19,131,537 544,471,865 Taxable interest 3,711,302 4,884,069 Tax-exempt interest 154,579 1,146,486 1,186,739 4,166,792 Ordinary dividends Qualified dividends 941,719 2,828,531 State income tax refunds 2,112,321 1,780,580 Alimony received 183,014 3,505,847 Business or profession: Net income 2,117,182 26,743,751 Net loss 485,245 3,980,995 Sales of capital assets: Net gain in AGI 640,984 18,732,181 Net loss in AGI 326,329 689,551 Sales of property other than capital assets, net gain less loss 44,316 -186,570 Taxable IRA distributions 400,074 4,045,758 Taxable pensions and annuities 1,394,148 16,712,822 Rent and royalty: Net income 210,741 2,227,998 Net loss 392,280 4,316,342 Farm rental net income less loss 11,311 33,930 Partnership and S Corporation net income less loss 272,146 11,469,070 Estate and trust net income less loss 23,519 718,099 Farm net income less loss 44,847 -336,525 Unemployment compensation 1,407,054 4,789,181 Taxable social security benefits 316,573 2,222,778 Other income less loss 495,716 1,051,320 Total statutory adjustments 3,848,555 7,421,055 Medical savings account deduction * 40 * 130 Certain business expenses of reservist, performing artists, etc. 10,221 21,557 Health savings account deduction 11,121 18,339 Moving expenses adjustment 83,508 191,074 Deduction for self-employment tax 2,108,640 1,920,952 Payments to a Keogh plan 47,499 686,449 Self-employed health insurance deduction 196,145 772,781 Penalty on early withdrawal of savings 82,747 29,878 Alimony paid 82,324 1,236,258 IRA payments 226,181 509,618 Student loan interest deduction 792,930 484,744 Jury duty pay deduction * 6,959 * 20,378 Domestic production activities deduction 11,640 62,954 Educator expenses deduction 253,986 60,996 Tuition and fees deduction 556,511 1,290,162 Total itemized deductions 4,497,298 84,884,598 Medical and dental expenses deduction 870,723 3,306,083 Taxes paid deduction 4,412,260 22,925,417 Interest paid deduction 3,763,080 38,824,164 Contributions deduction 3,522,484 8,971,560 Casualty or theft loss deduction 26,499 741,880 Total miscellaneous deductions 1,710,043 10,788,687 Basic standard deduction 16,021,055 120,769,703 Additional standard deduction 302,135 383,493 13,521,172 301,046,295 Taxable income Alternative minimum tax 284,824 848,096 Total tax credits [1] 10,999,324 10,836,175 Foreign tax credit 165,325 428,761 Child care credit 2,315,480 1,318,674 Credit for the elderly or disabled * 5,037 * 462 Education credit 997,121 849,427 Retirement savings contribution credit 1,480,408 220,291 Residential energy credit 322,105 72,441 Child tax credit 8,373,700 7,267,647 Alternative motor vehicle credit * 10 * 18 Earned income credit used to offset income tax before credits 1,495,674 563,020 Minimum tax credit 14,069 15,049 General business credit 14,889 31,864 Empowerment zone and community renewal employment credit 1,058 4,875 Income tax after credits 6,747,004 36,833,734 6,747,004 36,833,734 Total income tax Total tax liability 7,045,799 39,088,316 Total tax payments 19,991,478 68,632,836 Income tax withheld 18,403,547 60,264,444 Estimated tax payments 291,075 5,388,810 Overpayment refunded 19,444,747 66,130,681 Tax due at time of filing 1,067,059 4,282,147 * Estimate should be used with caution due to the small number of sample returns on which it is based. [1] Includes credits not shown separately. NOTE: Detail may not add to totals because of rounding.
42
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income
Adjusted gross income less deficit (2) 8,030,842,945 116,379,376 714,478 8,852,728 9,293,308 9,080,238 8,977,609 8,573,595 7,634,923 12,585,820 9,481,258 16,801,304 10,021,003 10,888,319 2,701,345 487,691 121,544 51,234 79,672 20,365 12,944 80,491,071 4,077 394,050 3,109,939 4,600,464 4,634,257 4,832,932 4,862,722 9,770,826 8,217,096 15,858,967 9,883,292 10,852,978 2,697,327 486,872 285,274 35,888,305 335,828,983 868,179,848 741,416,596 1,201,465,471 543,683,640 188,437,017 312,716,274 580,668,058 315,938,737 125,002,809 101,471,717 76,644,244 1,746,136 2,006,856 2,160,213 4,514,573 4,563,979 10,871,915 8,104,179 10,261,626 2,940,233 576,018 350,447 11,258,675 54,374,779 1,631,188 22,343,967 866,689 763,956 543,425 434,024 5,084 730,400 360,235 572,961 2,404,180 3,133,483 3,622,912 3,840,667 7,663,678 7,491,669 21,321,577 17,728,443 33,641,666 25,148,352 13,953,281 62,243,965 18,849,977 4,888,702,061 51,142,560 203,857,468 71,895,407 15,906 27,879,563 44,036,537 24,891 8,969,331 19,294 13,500 5,483,153 1,461 31,914 36,774 96,224 79,274 119,147 119,807 245,570 302,627 850,316 749,606 1,465,694 880,601 278,533 225,607 555,669 89,552,878 98,086 13,487,165 67,060 37,609,861 63,647 4,875,598 40,440 70,188,881 148,607 7,401,827 85,556 188,813,547 577,126 14,078,383 278,847 544,631,238 2,945,517 25,358,364 882,075 12,593,927 7,641,895 3,819,089 2,536,776 6,608,002 3,750,095 7,585,202 68,841,717 167,881 18,131 51,093 364,964 263,108 541,580 656,592 1,231,439 1,408,972 4,627,135 4,094,889 11,039,692 12,511,512 7,603,362 24,261,366 4,129,254 1,205,050,029 10,303,588 33,955,561 1,472,513 11,277,566 751,305,323 8,230,374 18,145,119 764,350 4,333,509 919,196,733 11,419,597 22,185,113 884,523 5,028,368 389,320,598 5,113,117 8,359,747 337,171 1,791,270 2,210,312 5,300,090 4,219,882 6,475,265 2,334,295 508,531 135,761 58,893 90,849 23,849 15,505 27,065,994 4,166 568,123 461,258 702,751 778,518 899,794 926,768 1,865,140 2,013,757 5,072,273 4,162,671 6,448,570 2,330,257 507,654 324,294 4,553,780 408,124,120 5,351,616 8,491,134 284,278 1,568,021 2,133,918 198,062,401 2,783,594 4,546,243 143,631 769,828 1,117,737 183,012,022 2,786,869 4,534,292 153,479 675,569 1,161,357 148,316,842 3,020,019 5,106,052 135,964 436,457 1,294,938 2,343,797 2,154,371 2,294,745 4,173,540 5,242,042 14,192,978 13,692,026 32,849,107 30,828,990 16,966,756 8,818,224 5,424,332 15,016,424 9,454,677 28,715,176 189,597,772 320,571 430,727 488,832 1,207,246 1,414,346 1,643,328 1,942,460 3,616,851 4,743,392 13,518,798 13,158,292 32,499,375 30,642,490 16,859,761 67,111,302 9,761,374 106,771,898 3,027,048 4,474,593 163,586 662,514 1,280,234 2,238,306 67,219,963 2,766,590 3,009,871 121,627 401,115 1,247,269 1,567,563 28,383,613 2,839,640 1,699,168 102,075 190,872 1,470,125 1,102,881 17,878,229 885,404 6,150,321 88,852 1,300,897 540,964 2,283,212 445,855 1,216,545 1,012,178 1,049,868 1,021,828 934,157 905,574 1,714,990 1,836,925 4,383,316 3,521,698 5,616,465 2,135,848 480,372 128,611 55,774 86,502 22,749 14,929 22,954,944 3,655 512,475 402,665 576,103 620,658 732,162 747,433 1,496,879 1,676,998 4,197,834 3,473,055 5,594,780 2,132,527 479,626 308,094 3,629,240 5,469,370,119 62,401,235 222,707,445 6,038,822 72,970,971 31,619,775 199,359,146 26,584,184 -91,196,610 31,004,475 87,992,646 146,357,710 191,038,094 222,862,623 240,252,128 492,158,138 478,795,699 1,158,386,347 960,841,319 1,606,322,715 895,151,023 399,608,986 182,043,576 110,211,789 295,129,497 171,407,703 452,475,087 7,439,473,161 -5,987,541 2,257,448 25,495,646 72,134,324 100,369,887 131,704,447 159,017,821 389,433,125 418,586,587 1,097,416,752 947,433,910 1,600,506,040 893,337,094 398,745,041 1,209,022,580 591,369,784 (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) 137,195,800 1,230,016 570,614 756,449 1,071,720 1,215,611 1,121,027 1,243,463 2,314,142 2,848,694 8,689,544 8,472,200 21,725,457 21,875,425 12,504,165 6,704,820 4,102,064 11,401,157 7,245,962 22,103,272 131,785,142 197,445 257,502 280,502 563,322 715,138 883,908 1,033,009 1,986,387 2,544,294 8,265,736 8,094,546 21,488,738 21,746,192 12,431,409 51,297,015 5,410,658 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Number of
Size of adjusted gross income
returns (1)
All returns, total
138,394,754
No adjusted gross income
2,675,594
$1 under $5,000
11,633,370
$5,000 under $10,000
11,786,747
$10,000 under $15,000
11,711,680
$15,000 under $20,000
10,937,694
$20,000 under $25,000
9,912,261
$25,000 under $30,000
8,749,761
$30,000 under $40,000
14,151,824
$40,000 under $50,000
10,687,193
$50,000 under $75,000
18,854,917
$75,000 under $100,000
11,140,408
$100,000 under $200,000 589,306 150,431 64,007 98,724 24,975 15,956
12,088,423
$200,000 under $500,000
3,121,485
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
Individual Returns 2006
$10,000,000 or more
Taxable returns, total 6,301 856,788
92,740,927
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
3,368,135
$10,000 under $15,000
5,775,871
$15,000 under $20,000
5,720,555
$20,000 under $25,000
5,853,087
$25,000 under $30,000
5,777,215
$30,000 under $40,000
11,156,227
$40,000 under $50,000
9,329,664
$50,000 under $75,000
17,817,863
$75,000 under $100,000
10,981,207
$100,000 under $200,000 588,046 353,341
12,041,382
$200,000 under $500,000
3,115,244
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
45,653,826
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
State income tax refunds Net income Amount (16) 8,120,381 * 17,177 48,874 102,417 311,444 303,100 320,145 388,958 802,522 767,243 1,654,603 856,613 1,148,793 832,321 406,904 28,019 28,350 32,319 21,122 49,458 7,085,346 --* 5,847 159,942 203,593 172,855 209,523 632,685 719,760 1,652,022 815,214 1,116,707 6,018 1,640 552 122,824 831,570 406,358 159,268 1,035,035 137,089 401,788 412,485 417,455 375,461 856,788 874,971 1,863,164 1,392,550 1,798,818 634,975 117,031 64,894 6,840,801 20,041 1,377 9,368,887 261,893,236 126,308 20,690 601,742 3,291,513 4,458,636 4,501,466 4,803,931 11,079,388 12,586,346 30,475,000 29,463,095 65,674,924 53,167,486 16,970,084 24,672,627 68,372,150 2,693 3,452,208 4,419 2,286,669 18,408 10,308,226 11,777 3,018,574 4,382 7,595 2,089 1,701 3,788,396 467 * 1,920 22,469 80,927 93,364 136,000 156,302 364,379 370,889 956,918 600,334 738,400 200,830 39,246 25,951 1,658,325 27,696 5,648,649 10,268 117,221 16,997,119 39,370 636,114 53,290,017 201,387 1,809,342 66,288,637 742,802 1,424,198 30,602,858 617,322 3,472,142 5,387,127 2,938,573 1,131,576 505,529 290,752 873,883 515,291 1,189,468 28,404,323 217,635 * 8,255 81,333 398,678 659,881 691,166 922,780 2,033,361 2,126,698 5,455,063 3,246,656 5,253,381 2,887,618 1,111,478 3,310,343 20,333,802 2,079,261 35,340,025 1,039,407 6,263,365 1,106,549 16,208,014 459,326 2,639,195 1,257,950 17,786,932 507,989 3,076,241 734,803 10,622,790 267,015 1,781,254 173,381 345,996 390,479 845,713 653,719 825,108 189,900 18,833 3,279 1,056 959 170 33 4,045,697 * 164 210,824 103,130 141,367 135,575 128,857 144,287 313,838 351,975 825,001 652,602 824,049 189,742 18,800 5,484 553,439 839,119 10,666,018 267,212 1,755,465 164,085 1,144,236 12,971,831 265,387 2,105,613 199,657 1,695,773 16,556,296 240,522 1,895,075 214,205 1,736,070 11,626,939 184,145 1,194,895 200,297 239,472 332,462 238,883 245,207 255,395 426,125 615,884 1,475,849 1,148,707 2,037,960 896,556 121,489 27,177 10,821 18,992 12,251 1,429 7,921,918 * 1,297 215,786 153,957 261,036 180,392 209,969 221,947 370,776 585,644 1,452,719 1,145,822 2,035,226 895,612 121,273 70,463 494,814 1,351,819 3,904,914 158,823 979,663 343,221 276,371 212,239 2,688,671 429,977 10,743,018 29,044 35,701 16,209,687 330,265,386 5,446,722 48,738,126 4,599,135 8,416,731 (17) (18) (19) (20) (21) (22) (23) 13,427,079 165,726 458,409 466,823 472,963 433,733 406,848 422,174 796,257 854,874 2,077,659 1,753,040 3,063,606 1,421,642 368,754 105,275 46,943 77,025 21,008 14,319 11,865,301 1,861 238,379 211,212 271,361 266,272 325,961 341,183 665,990 763,463 1,966,133 1,713,302 3,048,571 1,419,178 368,268 264,167 1,561,777 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Net loss Taxable net gain Amount (24) 789,797,297 10,929,006 809,762 1,579,013 1,749,283 1,984,703 1,927,522 2,184,965 4,704,585 5,575,487 17,827,689 21,345,205 67,091,897 98,690,086 75,003,350 43,801,537 30,434,436 92,779,494 68,256,219 243,123,059 769,758,786 2,345,595 371,176 629,281 959,385 1,028,720 1,410,854 1,753,837 3,563,472 4,445,001 16,261,842 20,174,114 66,105,140 98,238,243 74,789,342 477,682,782 20,038,512 Amount (14) 24,206,006 253,202 57,764 79,319 147,636 188,855 230,430 302,498 36,816 65,334 49,658 74,100 30,556 23,824 6,030 1,643 279 84 153 23 13 318,690 --* 650 19,489 22,756 20,635 18,068 53,662 47,776 74,048 29,873 23,522 975,120 1,264,727 3,960,527 3,660,605 5,938,834 2,233,468 1,064,349 571,473 393,698 990,355 606,420 1,286,725 22,153,705 3,430 * 1,933 1,622 32,700 60,466 111,115 165,595 712,302 986,811 3,559,802 3,519,544 5,876,725 2,221,285 1,057,923 3,842,452 2,052,301 37,814 37,850 40,832 23,673 12,124 * 709 441,514 (15) Number of returns Alimony received Business or profession Capital gain distributions Sales of capital assets
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (13)
Basic Tables 2006
All returns, total 84,997 96,236
22,964,214
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
135,605
$10,000 under $15,000
256,138
$15,000 under $20,000
343,539
$20,000 under $25,000
482,416
$25,000 under $30,000
621,237
$30,000 under $40,000
1,786,876
$40,000 under $50,000
2,091,754
$50,000 under $75,000
5,614,850
$75,000 under $100,000
4,515,008
$100,000 under $200,000
5,546,706
$200,000 under $500,000 59,080 27,498 45,133 12,504 8,735
1,035,039
$500,000 under $1,000,000
200,864
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 247
20,692,187
No adjusted gross income
$1 under $5,000 12,691 69,321
* 3,952
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
155,655
$20,000 under $25,000
283,409
$25,000 under $30,000
399,418
$30,000 under $40,000
1,429,771
$40,000 under $50,000
1,766,804
$50,000 under $75,000
5,223,288
$75,000 under $100,000
4,428,524
$100,000 under $200,000
5,531,627
$200,000 under $500,000
1,034,011
$500,000 under $1,000,000
200,649
$1,000,000 or more
152,819
Nontaxable returns, total
2,272,027
43
Footnotes at end of table.
44
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D Taxable net loss Amount (26) 18,751,674 5,337,951 88,769 178,138 151,658 183,746 153,010 135,904 158,133 279,744 317,971 789,484 673,185 1,267,581 636,454 181,196 54,344 24,540 43,241 12,065 8,788 4,685,177 1,354 75,502 65,859 101,138 87,938 106,272 120,579 223,324 281,426 747,521 654,815 1,260,567 635,228 180,927 142,727 652,774 614,418 1,904,967 1,995,596 5,485,072 6,522,789 4,465,465 26,867,472 3,014,100 431,646 263,857 170,056 116,237 203,146 67,956 73,734 91,543 100,955 218,454 232,378 679,940 608,651 1,172,376 635,004 168,719 119,053 952,481 39,296 34,902 66,099 31,269 148,754 1,220 49,294,870 4,236,154 98,244,380 733,879 51,592 182,801 679,080 710,652 1,214,462 1,059,910 2,990,855 3,589,284 8,750,695 9,917,487 23,850,893 19,699,563 9,062,981 15,750,246 31,559,009 13,592,717 5,415 4,057,290 3,775,930 8,736 1,970,930 5,494,806 33,172 4,379,456 1,627,899 21,923 2,054,017 8,711 12,873 3,186 1,929 1,372,194 1,122 9,503 11,636 20,280 23,423 32,327 30,486 77,874 76,602 185,000 191,599 367,132 232,879 66,865 45,467 558,840 2,499,163 50,016 3,496,897 18,895 4,494,160 169,099 9,269,121 67,104 6,593,565 636,463 19,995,500 233,728 5,651,886 1,182,710 24,852,160 372,787 20,758,570 16,677,093 7,475,240 2,733,394 1,579,627 3,119,487 1,193,644 1,934,068 78,651,261 683,070 32,342 153,384 581,479 592,115 1,063,981 796,312 2,269,620 2,833,513 7,413,155 8,134,766 19,905,223 16,425,073 7,298,250 10,468,979 26,438,559 2,192,476 619,191 10,784,676 195,849 8,889,506 2,114,359 729,884 10,935,898 210,425 9,273,034 771,638 269,778 4,677,629 93,556 3,737,651 587,104 273,040 4,704,127 103,372 3,506,078 276,214 313,479 783,833 660,397 1,268,587 637,102 175,411 49,363 21,645 36,668 9,813 6,695 4,620,749 1,320 73,959 64,220 98,582 86,388 104,864 116,573 218,413 278,107 739,835 642,246 1,261,306 635,833 175,138 123,965 699,089 323,079 141,502 2,244,851 52,703 1,859,647 155,105 245,596 141,693 2,844,925 57,863 2,426,374 134,487 328,120 148,807 2,630,346 58,300 1,867,613 155,041 332,176 149,647 2,647,093 59,396 2,258,771 180,414 347,051 387,869 292,691 333,287 665,223 969,046 2,313,705 2,272,715 5,681,192 6,142,065 3,395,648 1,586,018 911,632 2,595,986 1,311,580 2,731,844 30,342,585 57,009 65,650 35,510 210,468 129,744 185,982 251,181 468,466 740,120 2,070,226 2,078,666 5,508,048 6,093,384 3,370,973 9,077,159 3,181,673 291,388 150,870 2,644,251 73,388 2,270,163 153,366 320,432 137,813 187,544 2,690,126 105,391 2,199,476 188,296 192,116 1,255,098 269,147 12,924,095 201,579 11,330,384 113,924 1,074,156 52,308,971 5,188,636 129,803,389 1,931,034 105,089,820 5,319,838 33,524,258 1,295,372 821,625 688,816 731,634 766,358 673,907 603,028 1,102,486 1,076,511 2,684,678 2,296,786 3,804,717 1,684,019 345,470 84,666 33,640 45,271 8,879 3,810 14,275,474 4,767 42,290 109,951 280,946 368,349 457,874 448,501 904,942 924,394 2,510,056 2,248,012 3,775,537 1,679,709 344,368 175,777 4,476,201 3,623,253 98,753 94,367 96,105 101,773 102,969 92,366 97,865 185,585 195,275 542,292 453,476 877,991 467,977 122,013 38,002 16,918 26,928 7,500 5,098 3,120,703 389 18,892 26,245 48,324 54,736 62,651 73,949 153,913 168,706 510,000 447,713 872,013 467,112 121,753 94,305 502,550 (27) (28) (29) (30) (31) (32) (33) (34) (35) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (36) 27,126,470 1,734,533 544,178 379,145 359,903 822,255 456,922 412,495 1,252,855 1,195,034 1,928,487 2,173,074 4,781,666 4,103,316 1,996,840 842,630 562,431 1,247,358 651,225 1,682,123 21,561,642 53,982 19,213 25,066 71,923 130,762 160,078 265,573 752,488 918,660 1,593,188 2,064,561 4,613,083 4,050,926 1,967,388 4,874,751 5,564,828 Short-term capital gain Short-term capital loss Short-term loss carryover Net short-term gain from sales of capital assets Net short-term loss from sales of capital assets
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (25)
All returns, total
8,641,990
No adjusted gross income
521,417
$1 under $5,000
435,750
$5,000 under $10,000
334,056
$10,000 under $15,000
343,659
$15,000 under $20,000
350,306
$20,000 under $25,000
319,458
$25,000 under $30,000
297,091
$30,000 under $40,000
530,300
$40,000 under $50,000
539,024
$50,000 under $75,000
1,283,264
$75,000 under $100,000
1,067,399
$100,000 under $200,000
1,736,912
$200,000 under $500,000 31,369 12,156 16,247 3,139 1,348
687,878
$500,000 under $1,000,000
131,217
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 1,664 43,441 73,697
6,661,418
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
146,462
$15,000 under $20,000
175,247
$20,000 under $25,000
218,908
$25,000 under $30,000
229,410
$30,000 under $40,000
440,700
$40,000 under $50,000
470,081
$50,000 under $75,000
1,206,131
$75,000 under $100,000
1,049,806
$100,000 under $200,000
1,724,712
$200,000 under $500,000 64,081
686,262
$500,000 under $1,000,000
130,817
$1,000,000 or more
Nontaxable returns, total
1,980,572
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--continued Short-term loss from other forms (4684, 6781, and 8824) Number of returns (39) 178,867 5,102 3,692 2,167 2,169 * 107 3,259 * 2,810 5,460 8,634 15,421 12,122 33,551 32,581 17,532 8,432 5,258 11,609 4,586 4,373 163,290 205 * 650 * 1,632 * 1,274 -* 2,094 * 1,170 4,464 7,641 15,377 11,878 32,795 32,425 17,482 34,204 15,576 * 1,499 28,833 7,381 22,119 17,114 113,702 97,004 96,357 857,659 107,746 * 13,237 -* 1,109 * 474 * 4,547 * 4,621 * 3,306 10,210 5,635 25,130 26,223 71,061 63,469 155,315 143,129 70,576 91,609 52,073 *1 * 4,572 1,287 426 1,257,776 679,830 558,105 8,023 9,594,047 20,994,418 105,034 * 791 * 5,028 * 5,620 * 164 21,911 12,879 20,415 70,815 122,317 166,686 824,373 1,355,940 1,604,238 16,678,208 712,437 95,876 10,067 2,400,088 117,074 29,587 2,937,020 42,979 15,570 800,718 49,873 28,523 1,006,049 10,808 5,596 9,940 3,256 2,524 314,894 246 * 3,629 * 1,302 4,420 * 3,573 7,316 5,565 12,113 10,254 37,055 29,349 77,025 61,042 29,929 32,075 38,363 97,449 70,712 1,620,155 29,985 99,258 143,655 1,400,557 61,254 115,641 157,016 860,772 78,405 18,693 66,113 193,554 32,024 53,324 232,238 349,025 490,458 206,372 123,982 514,908 375,658 960,729 3,373,337 13,554 * 480 * 5,120 39,363 * 4,307 15,401 1,328 15,290 28,774 32,546 26,666 211,503 332,245 479,491 2,167,268 460,504 22,281 74,900 148,188 38,480 88,587 10,316 30,039 92,349 13,912 38,253 32,517 27,237 34,736 15,445 45,442 * 2,010 7,409 13,054 7,224 5,419 382,390 730,789 790,119 1,922,654 1,650,976 2,897,627 1,394,687 372,902 107,242 47,624 76,906 21,282 14,483 11,205,958 1,777 230,295 204,478 236,684 245,384 305,465 313,063 615,606 705,435 1,818,859 1,614,433 2,882,734 1,392,247 372,357 267,142 1,464,260 15,266 14,628 23,572 10,430 17,628 378,332 * 59 5,817 6,442 4,527 10,969 397,587 9,304 12,580 22,717 7,284 59,804 425,905 3,577 7,490 7,361 5,370 32,951 447,610 16,746 9,854 20,393 8,254 4,779 435,610 868,156 1,560,183 1,656,597 1,863,154 1,828,806 2,075,376 4,513,159 5,290,394 17,195,436 20,439,153 64,920,007 96,830,228 73,492,613 42,617,357 29,729,291 89,439,292 65,624,946 232,283,787 743,115,554 2,370,224 345,160 648,004 886,549 969,891 1,310,861 1,569,309 3,342,287 4,162,373 15,543,867 19,364,688 63,972,924 96,373,542 73,269,532 458,986,344 20,626,954 58,498 12,681 525,084 8,539 223,314 175,494 11,514,572 1,365,522 731,903 21,706,855 353,257 3,833,841 12,670,217 763,742,508 (40) (41) (42) (43) (44) (45) (46) (47) 7,257,803 446,041 386,930 293,221 303,335 306,833 271,142 244,605 431,948 446,895 1,074,451 861,296 1,448,014 578,830 110,316 26,351 10,155 13,737 2,616 1,086 5,578,925 1,284 40,809 69,069 130,505 157,581 187,665 193,094 364,956 393,156 1,014,573 845,674 1,439,245 577,482 110,029 53,804 1,678,877 Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (48) 208,022,674 22,130,052 5,085,293 4,994,416 5,662,194 7,062,183 5,618,520 4,805,976 11,011,220 7,793,404 22,815,209 19,039,596 38,039,000 29,136,067 10,901,424 4,001,350 2,082,228 4,722,990 1,667,692 1,453,859 153,170,524 1,360,106 190,642 476,613 1,810,982 2,733,234 3,247,284 3,010,572 6,821,259 6,226,383 20,161,700 17,799,177 36,267,401 28,779,048 10,664,860 13,621,261 54,852,151 Net short-term partnership/ S-corporation gain Net short-term partnership/ S-corporation loss Long-term capital gain Long-term capital loss
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income Amount (38) 4,688,907 78,491 * 357 * 5,179 3,097 * 4,359 * 597 11,457 19,911 13,869 28,958 76,128 145,875 284,134 269,224 242,469 170,393 581,169 409,657 2,343,583 4,556,288 4,725 * 101 *1 * 1,853 * 2,861 * 398 * 4,600 18,141 2,527 22,737 75,865 145,267 279,150 268,760 3,729,304 132,619
Short-term gain from other forms (2119, 4797, etc.)
Number of returns (37)
Basic Tables 2006
All returns, total 4,549
146,529
No adjusted gross income
$1 under $5,000 4,216
* 3,820
$5,000 under $10,000
* 2,946
$10,000 under $15,000
$15,000 under $20,000
* 3,184
$20,000 under $25,000 4,048 5,584 4,697 10,345 12,503 24,679 29,334 13,675 5,995 3,458 7,206 2,696 2,277
* 1,318
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 71 * 650 *6
128,789
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
* 1,288
$15,000 under $20,000 * 688 5,387 3,749 10,115 12,460 24,616 29,226 13,640 21,593 17,740
* 2,061
$20,000 under $25,000
$25,000 under $30,000
* 3,240
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
45
Footnotes at end of table.
46
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--continued Net long-term loss from sales of capital assets Number of returns (51) 4,660,800 163,414 191,987 156,893 186,522 180,679 159,921 142,606 274,057 310,413 737,013 595,578 1,020,841 409,794 81,622 21,118 9,029 13,604 3,487 2,223 3,876,197 379 38,086 50,998 93,274 103,981 121,564 115,017 229,644 275,421 701,892 588,876 1,017,187 409,056 81,458 49,364 784,604 1,465,497 4,874,107 4,046,963 8,273,886 6,556,953 2,333,896 7,513,307 12,152,060 1,381,127 532,121 635,262 470,534 449,712 79,358 111,412 121,542 135,811 250,000 257,900 695,584 601,959 1,097,402 557,104 126,185 74,828 1,269,894 110,824 47,264 54,787 36,709 143,357 1,467 1,542,728 206,273 426,438 1,503,148 2,536,169 2,893,773 2,871,077 6,301,753 5,548,011 17,674,568 16,656,497 35,029,322 30,072,925 12,235,705 16,757,896 48,774,478 38,842,333 4,194,524 152,256,284 2,883,014 2,260 1,969,454 953,514 4,245 2,174,481 1,911,244 19,735 5,683,480 636,088 13,947 2,494,000 21,534 37,476 12,113 8,799 2,001,786 1,100 8,454 4,468 19,394 25,576 41,126 52,059 95,301 111,514 268,009 252,337 499,489 364,023 134,742 124,193 359,197 1,174,670 34,810 4,795,592 44,447 2,373,413 126,488 12,484,663 134,939 6,636,238 558,397 30,460,256 364,846 8,343,074 1,105,525 36,850,047 503,310 19,219,590 34,319,485 26,241,875 14,701,523 9,583,949 28,870,801 21,186,263 58,651,416 223,902,508 1,110,575 15,265 12,305 98,889 121,336 178,237 357,493 596,346 920,811 3,743,601 4,674,357 18,845,193 34,189,662 26,194,260 132,844,178 9,911,307 4,203,429 620,402 17,905,529 263,093 5,083,001 5,298,571 738,469 20,181,713 298,414 4,430,508 1,799,137 291,317 6,951,666 133,835 1,273,392 3,576,292 295,554 8,484,248 117,424 925,514 5,780 7,690 14,797 12,753 27,088 24,542 11,634 5,482 3,021 6,715 2,211 2,030 127,971 116 * 650 * 1,632 * 1,274 -* 1,900 * 1,170 4,786 7,006 14,758 12,720 26,503 24,433 11,599 19,424 13,327 923,874 174,199 4,473,226 67,509 649,723 * 2,810 970,295 180,266 5,257,371 63,557 496,886 * 3,364 2,157,426 208,767 5,520,984 64,733 480,288 * 115 1,402,570 206,741 5,058,492 65,175 656,826 * 2,036 * 13,389 * 89 * 16,198 * 2,485 17,960 12,732 32,126 36,107 157,677 127,914 118,991 46,822 50,455 125,576 95,756 577,215 1,394,284 818 *1 * 712 * 1,654 -* 10,990 * 2,248 12,450 10,907 31,930 34,473 156,993 124,811 118,131 888,167 133,599 788,557 214,217 4,646,565 48,925 268,254 2,816 5,366 981,172 293,406 4,683,517 34,157 262,044 2,685 19,685 3,981,817 375,672 20,955,478 76,698 6,512,476 3,729 71,342 50,994,393 5,464,418 201,030,762 2,360,983 233,813,815 141,298 1,527,883 1,514,318 30,359 22,472 25,267 35,850 15,424 37,179 21,628 52,381 57,985 177,017 149,956 350,542 273,404 122,534 47,118 24,381 44,449 14,903 11,469 1,374,768 982 10,197 13,908 20,409 7,989 27,967 13,174 45,591 47,961 160,146 142,783 346,683 272,557 122,316 142,107 139,550 (52) (53) (54) (55) (56) (57) (58) (59) Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (60) 189,676,169 3,603,129 108,765 140,973 147,665 122,063 113,452 178,241 364,926 333,321 1,383,483 1,426,898 5,225,124 10,312,447 11,461,172 7,883,067 6,813,054 25,171,170 21,467,736 93,419,483 185,054,677 787,726 7,692 51,820 64,644 31,950 78,777 114,964 245,004 226,941 1,000,174 1,253,116 5,072,056 10,181,718 11,379,115 154,558,981 4,621,492 Long-term loss carryover Long-term gain from other forms (2119, 4797, etc.) Long-term loss from other forms (4684, 6781, and 8824) Net long-term partnership/ S-corporation gain
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income Amount (50) 339,029,650 4,578,293 731,415 1,093,936 1,121,465 1,243,843 1,277,127 1,193,244 3,199,467 3,076,179 10,123,768 12,089,270 36,677,700 50,751,304 35,591,186 20,246,599 13,550,845 36,329,890 23,663,920 82,490,200 328,154,871 781,509 230,785 413,927 562,418 664,443 911,828 930,917 2,457,856 2,335,636 9,391,900 11,554,205 36,209,738 50,454,585 35,448,470 175,806,655 10,874,780
Net long-term gain from sales of capital assets
Number of returns (49)
All returns, total
9,191,345
No adjusted gross income
155,504
$1 under $5,000
330,419
$5,000 under $10,000
325,136
$10,000 under $15,000
307,306
$15,000 under $20,000
288,264
$20,000 under $25,000
261,983
$25,000 under $30,000
274,699
$30,000 under $40,000
516,660
$40,000 under $50,000
523,650
$50,000 under $75,000
1,371,312
$75,000 under $100,000
1,163,878
$100,000 under $200,000
2,136,841
$200,000 under $500,000
1,044,957
$500,000 under $1,000,000
284,775
$1,000,000 under $1,500,000
82,192
$1,500,000 under $2,000,000
36,796
Individual Returns 2006
$2,000,000 under $5,000,000
59,503
$5,000,000 under $10,000,000
16,353
$10,000,000 or more
11,119
Taxable returns, total 1,508
8,070,762
No adjusted gross income
$1 under $5,000
154,531
$5,000 under $10,000
144,222
$10,000 under $15,000
163,455
$15,000 under $20,000
178,522
$20,000 under $25,000
204,056
$25,000 under $30,000
225,345
$30,000 under $40,000
431,254
$40,000 under $50,000
464,395
$50,000 under $75,000
1,303,379
$75,000 under $100,000
1,142,697
$100,000 under $200,000
2,124,552
$200,000 under $500,000
1,042,919
$500,000 under $1,000,000
284,294
$1,000,000 or more
205,632
Nontaxable returns, total
1,120,584
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--cont. Net long-term partnership/ S-corporation loss Net gain Number of returns (65) 894,821 47,233 13,320 21,146 18,747 29,969 31,366 34,839 52,937 54,888 130,678 99,197 161,089 110,958 42,126 15,143 7,657 14,823 4,812 3,893 707,087 42,280 162,930 235,571 320,109 199,389 222,677 231,270 81,267 9,591 271,365 144,304 636,901 64,160 24,001 19,799 52,579 420,501 433,064 925,425 1,239,010 451,775 560,223 1,374,315 1,233,365 2,306,872 91,947 1,138,128 305,720 209,815 1,188,001 428,607 460,669 584,325 998,419 1,486,607 4,098,462 4,966,070 11,675,638 9,943,720 4,703,588 8,227,591 2,665,942 593 * 2,086 * 676 5,629 8,101 17,383 18,703 43,105 45,087 112,806 94,963 158,995 110,628 42,055 46,276 187,734 849,336 2,157,295 1,922,682 1,062,465 395,545 263,909 908,489 558,481 2,449,912 12,183,248 146,611 * 352 * 813 13,224 33,974 67,017 103,675 264,722 269,875 858,421 772,906 2,123,078 1,910,853 1,049,507 4,568,220 1,837,463 1,060,936 355,855 316,668 228,522 138,854 29,867 28,337 46,848 49,428 106,644 82,099 155,178 122,025 52,828 17,640 8,113 13,991 4,070 2,978 669,548 368 * 1,949 * 1,949 6,215 11,911 11,931 18,941 30,775 39,052 92,597 81,125 151,631 121,653 52,739 46,712 214,434 198,809 29,580 73,428 21,192 67,656 25,683 28,171 15,704 135,905 122,562 140,334 125,236 142,520 154,942 154,483 329,680 467,023 444,163 981,596 968,171 552,050 315,584 177,442 444,992 227,828 527,069 5,312,443 94,953 * 248 * 58 26,947 34,395 20,022 83,519 78,212 215,570 297,528 414,059 921,465 942,443 542,033 1,640,991 4,506,621 983,697 71,777 3,407,487 14,020,711 883,982 9,819,064 (66) (67) (68) (69) 9,965,065 90,723 212,131 444,417 678,299 677,439 596,004 546,177 942,459 829,642 1,816,177 1,262,637 1,409,061 362,965 62,187 15,248 6,593 9,321 2,199 1,388 8,233,236 979 8,643 35,668 337,263 359,598 476,156 476,272 867,134 787,378 1,770,337 1,248,001 1,406,485 362,509 62,111 34,704 1,731,829 Amount Number of returns Amount Number of returns Net loss Number of returns (61) 407,026 12,520 11,892 5,027 9,567 7,165 13,150 10,151 23,537 19,056 55,693 37,552 93,479 64,351 24,044 306,075 85,136 37,905 60,255 16,028 10,712 8,723,969 1,194 164,085 155,229 169,910 1,889,642 48,334,585 1,009,172 2,381,951 1,000,435 1,956,385 4,711,284 8,065 3,815 5,658 1,502 799 354,446 156 * 2,307 * 2,307 5,910 * 2,376 8,802 8,854 20,555 14,782 51,100 37,391 25,909 23,516 * 2,976 15,979 * 4,257 * 1,092 25,069 3,021,216 197,759 146,090 317,289 126,440 154,485 437,294 433,453 1,139,831 9,968,785 670,678 2,318,740 11,779,641 146,091 1,254,713 5,091,544 346,447 1,437,665 4,301,324 51,538 613,412 1,629,172 146,861 520,647 1,237,392 46,759 278,317 694,536 51,341 278,662 618,025 43,675 317,224 676,952 84,628 327,351 627,527 12,980 343,359 516,073 30,760 375,020 395,772 815,657 190,918 514,916 4,260,226 9,911,970 51,000,528 (62) (63) (64) Amount Number of returns Amount Schedule D capital gain distributions Sale of property other than capital assets Taxable IRA distributions Amount (70) 124,705,552 1,158,023 473,463 1,618,447 3,190,285 3,996,223 3,705,488 3,602,087 6,926,479 7,421,193 20,621,318 18,585,414 32,734,810 14,501,694 3,604,237 890,201 421,163 797,809 243,191 214,027 114,807,436 56,675 19,403 167,765 1,501,725 2,116,171 2,948,200 3,111,953 6,215,658 7,098,336 19,942,735 18,359,881 32,626,320 14,479,224 3,600,039 2,563,351 9,898,116
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
47
Footnotes at end of table.
48
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Pensions and annuities Total Amount (72) 780,831,489 24,098,220 166,778 610,869 1,249,644 1,794,510 1,825,985 1,525,046 1,322,823 2,445,322 2,108,902 4,354,987 2,847,974 3,015,567 661,259 105,338 26,519 11,637 17,415 4,589 3,056 19,547,813 1,930 20,577 108,478 928,133 1,071,439 1,197,108 1,127,572 2,221,417 1,977,382 4,237,899 2,819,486 3,007,740 660,326 105,200 63,127 4,550,407 34,205,838 35,520,882 87,754,215 71,750,790 99,278,324 29,181,142 4,296,530 3,686,937 33,803,166 16,229,195 14,908,759 11,422,962 7,737,773 585,194 11,965 79,767 95,231 126,708 108,250 227,195 227,836 579,262 499,944 734,699 348,809 86,437 61,030 756,621 36,842 * 1,311 55,911 445 416,651,298 3,188,889 48,570,101 64,759 * 1,487 65,907 477,449 514,434 785,089 600,675 1,381,614 1,547,327 4,869,883 5,170,699 10,766,249 10,231,046 4,753,527 7,339,957 5,037,776 431,046 2,880 1,038,011 369,524 4,585 940,146 1,021,628 17,476 2,342,411 616,899 11,787 1,140,497 8,765 13,682 3,448 2,256 3,927,308 1,480 * 893 7,218 39,091 78,756 97,313 125,226 271,602 327,531 814,980 677,357 966,355 391,747 79,070 48,689 1,272,962 1,256,618 24,403 1,894,059 20,649 4,307,088 86,574 4,761,978 79,279 29,220,410 349,489 10,262,790 392,791 99,546,475 739,049 10,922,109 976,048 12,001,867 6,699,837 2,152,430 685,190 353,315 672,666 242,077 313,266 43,819,597 84,682 * 24,465 106,935 145,154 544,456 698,957 1,006,455 2,037,185 2,623,049 7,511,579 6,350,356 11,651,477 6,641,859 2,140,767 2,252,221 20,437,144 72,204,466 505,388 5,242,437 699,206 6,949,434 89,292,597 618,194 5,269,195 907,052 9,122,069 36,782,882 265,498 1,904,182 404,943 3,887,236 36,200,311 279,731 1,775,171 402,712 3,733,219 17,909,569 149,867 883,912 205,819 1,909,343 64,692 98,188 85,200 203,706 176,508 289,436 159,545 52,153 18,786 9,141 18,496 6,607 5,624 1,251,524 372 * 5,772 * 5,268 22,380 38,301 38,727 51,424 88,052 76,853 195,537 171,903 287,222 159,117 52,040 58,555 211,667 18,095,986 173,954 1,024,344 195,752 1,940,478 50,303 18,862,468 201,711 1,082,296 189,281 1,858,646 57,180 14,353,972 207,224 1,100,487 171,587 1,340,338 53,291 6,451,151 140,630 602,032 151,704 1,408,205 40,680 82,467 179,706 119,369 162,834 229,529 376,922 361,821 1,049,860 1,019,623 2,621,262 3,099,941 2,311,148 1,063,112 638,770 1,456,712 745,086 1,494,362 16,538,161 9,538 * 1,410 * 9,533 88,765 94,875 143,976 209,981 329,573 345,215 1,023,607 918,337 2,587,563 3,084,862 2,306,338 5,384,591 822,662 1,675,972 78,655 237,785 108,411 1,178,879 42,173 49,348 1,855,402 88,415 1,184,036 266,883 7,808,243 31,481 298,952 450,454,465 3,945,510 53,607,878 5,200,270 64,256,741 1,463,190 17,360,823 4,373,674 4,683,077 11,219,149 20,595,523 25,959,587 25,149,825 25,544,357 50,681,403 52,652,390 131,136,642 114,882,290 193,499,931 84,994,254 18,254,697 5,989,224 2,731,506 5,367,045 1,589,726 1,527,187 720,856,029 89,422 66,184 687,848 10,529,352 14,599,907 19,653,745 22,695,658 46,733,176 49,973,141 128,610,011 113,767,328 193,126,830 84,900,769 18,233,959 17,188,700 59,975,460 40,159 1,071 * 1,222 * 650 * 1,307 * 3,750 * 345 * 106 2,408 * 2,606 ** 8,684 ** 9,274 5,821 1,267 417 290 534 197 211 33,524 * 34 -* 650 * 1,307 -* 345 -* 2,062 * 2,603 ** 8,546 ** 9,269 5,807 1,259 1,643 6,635 (73) (74) (75) (73) (77) (78) (79) (80) (81) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (82) 320,028 20,140 * 4,537 * 414 * 2,764 * 66,558 * 13 * 24 12,924 * 7,366 ** 61,255 ** 31,114 66,968 11,108 1,437 9,111 11,084 3,743 9,470 231,884 * 6,730 -* 414 * 2,764 -* 13 -* 9,771 * 7,365 ** 61,241 ** 31,100 66,856 10,864 34,765 88,144 Taxable Net income Net loss (includes nondeductible loss) Net income Net loss Rent Royalty
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (71)
All returns, total
26,511,367
No adjusted gross income
209,440
$1 under $5,000
673,447
$5,000 under $10,000
1,289,939
$10,000 under $15,000
1,857,848
$15,000 under $20,000
1,897,323
$20,000 under $25,000
1,599,002
$25,000 under $30,000
1,423,193
$30,000 under $40,000
2,614,607
$40,000 under $50,000
2,284,881
$50,000 under $75,000
4,769,688
$75,000 under $100,000
3,204,933
$100,000 under $200,000
3,591,859
$200,000 under $500,000 36,445 16,066 23,725 6,169 4,058
864,185
$500,000 under $1,000,000
144,559
$1,000,000 under $1,500,000
Individual Returns 2006
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 1,999 20,577
21,610,788
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
113,095
$10,000 under $15,000
953,924
$15,000 under $20,000
1,100,712
$20,000 under $25,000
1,246,044
$25,000 under $30,000
1,207,620
$30,000 under $40,000
2,359,573
$40,000 under $50,000
2,130,009
$50,000 under $75,000
4,630,989
$75,000 under $100,000
3,169,768
$100,000 under $200,000
3,582,637
$200,000 under $500,000 86,360
863,086
$500,000 under $1,000,000
144,396
$1,000,000 or more
Nontaxable returns, total
4,900,578
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Farm rental Net income Amount (84) 3,609,088 99,686 23,641 122,052 81,393 124,711 170,126 122,251 306,169 317,435 478,145 ** 34,115 ** 16,960 ** 9,286 ** ** 37,495 18,256 30,889 9,381 6,963 4,344,038 676 7,083 16,250 107,250 133,763 172,912 ** 15,780 52,589 ** 122,176 ** 16,918 ** 9,274 ** ** 27,300 132,270 ** 79,074 ** ** 137,133 158,272 326,783 307,401 782,367 664,912 ** 982,668 458,964 121,923 102,812 985,706 2,541,554 67,291,820 72,215 2,897 80,564 587,107 660,717 1,071,474 901,822 1,976,224 2,094,415 6,268,857 6,437,028 13,992,438 13,383,793 7,041,612 12,720,656 6,062,259 1,680,058 3,800,646 1,779,343 2,948,269 ** ** ** ** 98,674 * 15 -* 650 * 3,289 * 2,330 ** 11,913 ** 10,640 10,132 ** 33,512 ** 43,949 * 5,725 * 22,330 * 444 -* 221 474,559 ** ** ** ** ** 13,449 6,154 9,827 2,665 1,866 3,409,008 1,511 * 893 7,218 38,529 72,562 99,178 122,431 270,943 315,448 801,371 669,330 747,509 183,692 44,513 33,881 1,249,247 ** 122,136 7,055,299 44,631 ** 79,329 459,930 13,429,267 184,220 132,388 988,040 14,178,932 755,422 ** 674,865 6,615,465 690,126 6,239,558 7,070,707 3,599,081 1,360,487 494,755 292,466 546,937 210,577 293,399 32,818,865 79,628 * 17,266 105,511 142,871 513,876 620,796 923,033 1,921,919 2,420,427 6,710,211 5,794,964 6,823,435 3,564,778 1,353,150 1,827,002 17,108,122 ** 127,131 826,979 6,697,005 889,638 7,921,751 467,526 827,518 300,975 86,536 16,574 22,013 27,356 5,661 9,320 3,126,209 * 589 -* 5,096 36,694 60,684 155,079 101,799 277,830 266,705 471,304 455,442 827,293 300,303 86,495 80,896 482,879 10,228 55,002 353,860 2,498,875 391,640 3,458,145 13,610 23,548 388,227 2,429,952 402,349 3,391,203 ** ** 212,525 1,220,991 199,691 1,695,934 ** 13,200 ** 45,001 231,187 1,336,812 196,072 1,740,845 120,909 121,108 248,469 271,850 677,422 603,605 1,196,187 874,791 280,490 82,682 36,530 56,232 14,425 9,277 4,398,750 1,213 16,508 23,875 45,022 53,383 75,850 75,119 171,842 209,477 600,416 587,452 1,185,654 873,700 280,275 198,963 623,559 6,873 30,468 264,026 1,246,896 184,286 1,703,794 101,787 6,506 37,938 271,122 1,309,855 166,044 1,174,483 108,746 * 4,955 * 5,613 196,191 794,259 143,090 1,270,084 85,310 * 4,448 * 13,650 127,760 301,997 109,116 964,659 66,758 251,798 561,090 797,676 987,462 1,361,451 1,660,766 3,957,627 4,365,451 12,693,983 14,738,460 51,220,393 94,459,177 78,690,143 42,460,924 27,385,477 71,418,932 38,143,069 80,527,915 517,342,058 661,526 29,303 125,905 309,732 469,813 761,699 1,009,415 2,640,140 3,176,421 10,672,632 14,158,122 50,770,450 94,342,147 78,626,494 259,588,259 10,882,464 5,791 61,623 109,910 1,488,603 267,968 6,498,122 65,730 2,542,730 125,974 611,692 5,329,744 73,354,079 4,658,255 49,926,987 5,022,308 528,224,522 (85) (86) (87) (88) (89) (90) (91) (92) (93) 2,596,993 263,510 57,333 78,519 80,024 63,538 80,201 87,399 150,285 171,491 349,435 290,343 502,071 276,897 76,495 23,825 11,873 21,513 7,017 5,226 1,873,514 1,865 * 3,908 11,716 16,382 23,263 40,007 53,353 99,988 120,767 308,371 276,608 496,120 275,749 76,187 69,231 723,478 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Net loss Net income Net loss Net income Net loss Amount (94) 102,747,208 36,222,811 940,789 1,087,075 987,010 777,918 986,181 740,065 1,723,222 2,116,726 4,042,787 3,554,421 8,291,829 7,905,163 5,233,471 2,678,612 2,049,983 5,987,978 4,327,735 13,093,433 58,276,229 1,358,255 * 8,487 66,371 106,313 172,109 255,475 248,747 815,716 1,069,833 3,088,547 2,873,451 7,779,317 7,610,410 5,068,634 27,754,564 Total rental and royalty Partnership and S Corporation
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (83)
Basic Tables 2006
All returns, total 10,028 15,055 23,708 27,138 33,302 22,727 15,465 43,472 36,008 70,024 63,151 76,844 18,471 4,565 961 646 822 195 143
462,724
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total * 26 -* 650 12,019 16,362 20,438 13,507 39,998 32,841 69,394 62,497 76,835 18,444 4,560 2,763 92,392
370,332
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
49
Nontaxable returns, total
44,470,979
Footnotes at end of table.
50
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Estate and trust Farm Net loss Number of returns (97) 44,685 5,635 * 633 * 656 * 1,724 ** 2,808 ** * 3,183 * 1,824 *3 2,463 3,124 11,096 4,748 2,395 934 525 1,487 655 791 34,488 90 85,536 --* 996 ** 1,798 ** * 3,931 ** 38,634 ** * 4,053 * 30,547 75,557 97,818 85,249 948,084 10,198 569,471 13,511 19,977 34,179 40,955 84,411 51,033 66,560 18,447 4,957 3,358 186,563 12,129 12,845 * 2,349 * 594 * 1,064 * 3,930 83,944 72,329 106,154 189,913 350,531 308,866 1,108,516 891,016 1,287,338 766,803 246,561 369,165 1,879,808 98 18,044 --* 1,680 ** 1,657 ** * 2,552 ** 1,686 ** * 1,503 * 3,075 10,776 4,704 2,379 4,385 1,372,203 365,403 5,804,172 507,399 171 49,875 186,145 234 34,641 877 631 1,008,038 242 * 585 * 3,975 21,016 22,117 49,327 32,830 111,868 96,920 240,712 166,718 177,929 58,672 14,647 10,480 398,270 156,714 1,004 113,445 2,937 48,800 736 50,520 1,803 50,993 1,217 120,715 4,240 87,587 4,966 246,624 14,678 761,072 298,002 171,552 349,994 191,544 256,627 15,000,930 72,675 * 183 * 32,997 214,856 154,582 507,043 308,585 1,237,134 1,110,761 2,543,110 2,182,318 2,874,547 1,745,096 752,702 1,264,342 8,014,368 114,675 18,478 767,613 58,820 1,761,963 83,090 66,571 1,287,533 178,854 2,917,618 49,775 51,963 949,102 169,413 2,225,584 7,487 94,979 1,245,223 253,654 2,802,509 * 239 52,015 497,089 112,751 1,327,376 660,569 1,216,312 609,953 473,419 65,449 6,153 1,086 393 410 68 15 4,919,437 *4 * 4,667 57,828 292,940 380,213 372,211 347,770 636,220 550,153 1,132,175 601,241 470,554 65,343 6,150 1,969 2,459,001 * 39,331 50,219 589,943 131,786 1,515,092 892,804 * 12,888 34,775 413,523 53,682 658,396 561,861 ** 27,637 242,615 85,322 1,003,266 698,676 ** 2,365 36,297 302,192 67,344 637,043 774,688 2,670,675 2,470,683 1,992,170 3,354,530 2,502,646 4,556,537 2,477,116 2,093,333 370,262 29,052 6,858 2,269 2,486 338 127 18,327,781 * 10 * 6,824 130,048 896,985 1,215,851 1,295,429 1,211,264 2,392,084 2,069,861 4,188,166 2,431,088 2,079,283 369,803 29,034 12,052 8,195,884 * 1,101 37,605 264,452 68,266 741,797 721,418 2,325,971 * 64 28,663 160,073 54,813 572,166 503,188 1,263,517 * 2,446 28,900 80,650 32,172 278,362 171,143 305,315 590,575 15,536 268,150 114,266 4,545,334 20,834 99,780 474,661 1,143,764 1,494,227 1,881,111 1,730,856 1,448,359 1,238,501 1,944,582 1,624,679 3,195,656 1,881,522 1,854,245 522,568 104,049 29,311 13,384 19,617 4,946 3,324 15,182,325 1,414 32,067 95,752 937,141 979,336 1,159,948 1,073,035 1,807,414 1,555,475 3,132,634 1,863,133 1,849,207 521,450 103,871 70,447 5,427,039 1,941,673 551,965 7,683,980 1,406,308 23,015,298 7,378,438 26,523,665 20,609,364 (98) (99) (100) (101) (102) (103) (104) (105) (106) 339,754,476 6,799,770 14,997,556 21,383,845 27,839,239 26,412,455 23,169,036 20,138,240 31,138,749 25,537,091 53,022,062 35,164,477 38,270,289 11,614,388 2,474,120 727,861 336,601 504,477 131,813 92,406 256,244,699 27,024 325,575 1,164,588 11,571,901 12,901,620 18,392,162 17,512,272 28,965,366 24,502,124 52,045,638 34,823,373 38,161,025 11,591,409 2,470,467 1,790,156 83,509,778 Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Net income Net loss Unemployment compensation Total Social security benefits Net income Amount (96) 19,125,097 209,639 35,900 63,246 79,009 96,916 88,645 95,313 200,986 195,642 719,464 865,421 2,472,272 2,867,625 1,830,603 1,178,234 760,213 2,099,324 1,570,130 3,696,514 18,661,960 39,683 * 7,010 * 25,967 58,065 54,563 87,284 69,771 185,898 162,952 701,423 830,405 2,466,665 2,860,498 1,828,544 9,283,231 463,136
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (95)
All returns, total 10,051 11,513 19,485 13,197 17,987 12,008 12,365 32,028 30,016 75,924 67,214 74,198 21,296 7,489 3,655 6,550 2,182 1,700
550,919
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
132,063
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
Individual Returns 2006
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 279
495,030
No adjusted gross income
$1 under $5,000 7,609 8,780 11,963 9,353 30,728 27,077 73,567 66,238 74,011 21,264 21,545 55,889
* 5,555
$5,000 under $10,000
* 6,216
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
130,845
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Social security benefits Other income Foreign earned income exclusion Net income Number of returns (111) 5,830,163 81,685 269,719 274,682 271,627 281,415 250,770 256,576 484,296 426,030 987,620 706,973 977,488 365,970 103,155 33,945 15,890 27,321 8,454 6,546 4,640,142 844 71,184 72,383 125,841 152,097 157,307 167,901 373,943 363,573 1,164,142 891,483 1,800,792 22,145 6,571 4,395 187,840 1,592,329 505,179 334,531 9,366,720 929,772 694,506 970,876 364,999 102,918 91,997 1,190,021 1,930,710 32,382,202 96,986 90,875 198,716 330,010 449,012 459,011 520,332 884,751 1,074,649 2,961,484 2,676,172 6,155,989 5,776,248 2,811,413 7,896,553 5,091,049 1,177,593 2,410,463 982,496 1,452,682 2,744 1,242 2,048 636 509 176,911 52 -* 794 2,819 7,266 9,074 6,559 10,073 5,393 27,318 27,095 41,972 23,937 7,457 7,102 169,879 2,827,262 7,590 5,817,983 24,553 6,378,052 43,166 2,726,889 27,610 305,850 557,252 583,025 266,355 119,412 77,603 202,251 64,088 135,209 2,708,461 3,465 -* 6,815 19,754 46,054 42,527 46,265 82,998 28,679 223,418 296,026 536,597 559,449 259,998 556,417 4,826,329 3,350,611 28,426 241,643 1,352,265 6,197 37,477 1,344,689 14,417 101,873 868,917 9,772 73,226 17,137 24,818 21,178 41,905 19,630 25,340 18,230 5,683 1,609 819 1,420 490 354 179,578 6,001 * 848 * 1,949 10,046 5,543 10,544 7,783 17,858 13,042 35,717 18,503 23,722 17,832 5,564 4,626 737,320 808,956 12,681 83,747 22,250 917,957 10,803 83,461 33,841 939,649 7,972 77,531 39,452 750,807 8,453 150,332 65,446 456,380 7,249 128,175 82,867 640,445 662,958 538,458 388,207 344,842 238,942 421,815 429,250 1,005,149 522,150 1,259,079 1,307,690 885,784 401,070 288,117 809,406 406,251 1,410,450 17,745,547 9,163,035 * 26,834 * 12,186 74,545 62,313 135,452 121,679 202,259 241,967 806,149 436,846 1,090,099 1,260,004 853,140 3,259,040 63,050,372 978,888 130,721 4,246,279 494,432 68,835,856 37,473,251 346,790 7,534,789 916,899 80,795,920 (112) (113) (114) (115) (116) (117) 1,871,292 21,076 27,915 55,251 69,601 97,026 84,919 82,543 167,368 153,534 394,720 258,732 334,983 93,218 18,595 5,298 2,004 3,212 807 490 1,530,881 47 * 650 * 2,946 25,908 43,840 47,735 52,438 137,317 135,057 375,011 254,866 332,864 92,206 18,329 11,669 340,411 Amount Number of returns Amount Number of returns Amount Number of returns Net loss Amount (118) 27,902,023 193,415 51,780 191,227 272,748 396,119 343,143 291,346 658,374 698,436 2,523,421 2,027,988 4,895,546 5,500,591 2,443,989 1,561,531 520,432 1,655,995 846,051 2,829,890 25,067,641 5,760 * 650 * 13,923 101,238 158,184 168,939 166,860 500,008 572,391 2,158,049 1,906,306 4,804,371 5,221,543 2,268,943 7,020,476 2,834,382 Amount (108) 144,403,839 3,978 68,781 51,927 23,078 15,383 13,484 11,296 9,585 15,891 13,383 24,226 16,089 30,530 24,006 6,975 2,005 824 1,308 293 200 141,424 ** ** 14 1,317 4,848 6,329 5,796 6,077 11,021 10,771 20,545 14,267 27,326 330,129 640,445 601,628 328,930 298,808 245,795 53,534 ** 207 ** 8,787,933 15,598 22,930 101,266 61,706 153,207 540,579 1,755,019 2,056,528 1,034,390 1,443,808 765,169 921,338 543,126 665,020 750,676 837,996 1,116,499 2,367,590 3,002,210 43,894 96,947 150,266 308,683 1,510,726 3,137,903 9,248,264 13,496,335 40,602,618 29,815,691 32,493,456 9,868,119 2,102,941 618,624 286,109 428,718 112,035 78,531 141,210,318 * 290 * 7,703 * 9,062 91,465 213,599 1,268,406 2,794,434 8,638,060 12,954,000 39,836,228 29,526,327 32,400,692 9,848,721 2,099,837 1,521,495 3,193,521 329,264 18,154,653 (109) (110) Number of returns Amount Net operating loss Gambling earnings Taxable
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (107)
Basic Tables 2006
All returns, total 278 16,799 23,099 35,244
13,749,185
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
332,541
$20,000 under $25,000
1,002,101
$25,000 under $30,000
1,145,526
$30,000 under $40,000
1,942,152
$40,000 under $50,000
1,624,323
$50,000 under $75,000
3,194,456
$75,000 under $100,000
1,881,448
$100,000 under $200,000
1,854,214
$200,000 under $500,000 29,298 13,384 19,611 4,942 3,323
522,397
$500,000 under $1,000,000
104,047
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total *9 * 1,645 * 4,449 20,811
13,032,699
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
248,598
$20,000 under $25,000
846,501
$25,000 under $30,000
1,011,264
$30,000 under $40,000
1,804,984
$40,000 under $50,000
1,555,179
$50,000 under $75,000
3,131,435
$75,000 under $100,000
1,863,059
$100,000 under $200,000
1,849,182
$200,000 under $500,000 70,425
521,290
$500,000 under $1,000,000
103,869
$1,000,000 or more
Nontaxable returns, total
716,486
51
Footnotes at end of table.
52
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments Total IRA Payments Jury duty pay deduction Number of returns (123) 57,259 * 95 -* 2,007 -* 1,038 * 1,990 * 3,664 * 3,784 10,239 16,012 7,731 10,688 ----* 10 --51,356 ** ---** 1,008 -* 2,657 * 3,014 10,239 16,012 7,731 2,652,972 816,730 160,272 12,660 488,842 94,217 1,435,549 10,684 --* 10 5,903 ** ---** 32 -* 3,117 * 85 4,179 15,412 5,687 4,674 --* 66 18,561 33,252 --* 66 ---7,026,373 325 * 137 25,429 194,680 238,528 391,688 453,295 949,602 908,813 1,744,627 1,233,807 885,441 ---1,514,527 --------4,678 886,415 551,200 -------5,159,879 43 * 47 21,761 126,734 156,976 254,005 325,372 714,414 705,266 1,210,620 1,094,267 550,371 ---996,986 5,687 1,247,055 1,104,494 15,412 1,873,978 1,310,876 4,179 1,028,151 773,779 * 3,165 1,155,277 869,677 302,129 274,310 712,060 687,777 790,879 ** 106,153 ** ** ** ** ** ** 2,902,670 *3 -* 1,657 20,712 38,746 36,367 70,088 253,124 234,423 673,520 679,061 788,844 ** 106,126 ** ** 264,261 * 3,138 598,147 409,125 95,028 * 72 559,968 377,386 55,944 * 34 394,424 259,119 59,968 -343,137 209,340 49,808 10,743 14,089 12,677 22,698 70,596 66,922 179,617 180,642 214,373 ** 26,138 ** ** ** ** ** ** 743,111 *1 -* 414 4,399 9,197 8,309 16,810 58,902 56,214 170,024 178,848 213,864 ** 26,130 ** ** 62,457 * 15,149 243,623 134,471 23,359 4,941 -133,700 84,755 3,992 979 * 235 77,023 72,642 5,526 1,154 51,814 8,540,900 6,156,865 3,166,931 805,568 4,015,828 127,484 234,206 282,327 138,667 144,163 104,552 107,923 171,589 257,031 655,985 466,696 1,325,203 -------2,854,373 * 306 -10,876 33,918 37,806 24,871 30,737 102,034 218,896 614,842 457,991 1,322,095 ---1,161,454 (124) (125) (126) (127) (128) (129) Amount Number of returns Amount Number of returns Amount Number of returns Amount (130) 9,620,615 416,689 699,039 786,948 318,554 341,712 230,213 258,161 377,163 613,943 1,356,459 1,072,235 3,149,499 -------6,472,777 * 962 -34,288 71,777 76,506 54,568 67,005 220,344 506,320 1,248,596 1,050,232 3,142,180 ---3,147,838 Student loan interest deduction Educator expenses deduction Tuition and fees deduction
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income Amount (120) 113,845,357 1,827,372 1,724,535 2,584,878 2,856,100 87,281 126,468 182,502 176,738 363,347 399,775 696,104 401,749 548,798 115,030 21,569 6,001 2,360 3,325 687 306 2,741,689 195 * 1,949 * 5,294 19,065 69,336 105,485 112,485 309,128 354,687 667,736 399,060 548,199 114,875 21,534 1,297,089 2,554,051 1,689,955 983,320 327,363 257,223 205,570 42,828 * 13,008 * 1,998 1,362 11,097,958 2,226 5,033 25,341 17,807 43,941 160,483 817,670 2,655,946 1,703,855 2,646,168 1,435,270 1,141,452 570,077 456,664 341,010 209,669 3,059,741 2,934,907 3,325,173 6,106,681 6,544,944 13,930,682 11,625,670 25,086,656 17,718,061 6,878,185 2,230,584 1,160,647 2,195,601 809,364 1,245,577 96,524,656 22,722 6,414 175,695 756,027 1,309,031 1,522,831 1,794,415 4,443,235 5,363,531 12,653,303 11,312,889 24,963,418 17,692,707 6,872,582 7,635,855 17,320,701 41,162 120,235 36,391 94,633 20,939 86,027 3,230,531 12,533,506 (121) (122) Number of returns Amount
Number of returns (119)
All returns, total
33,980,524
No adjusted gross income
455,479
$1 under $5,000
1,586,375
$5,000 under $10,000
2,276,634
$10,000 under $15,000
2,299,646
$15,000 under $20,000
1,860,283
$20,000 under $25,000
1,708,504
$25,000 under $30,000
1,714,321
$30,000 under $40,000
3,120,636
$40,000 under $50,000
2,868,416
$50,000 under $75,000
5,595,967
$75,000 under $100,000
3,834,167
$100,000 under $200,000
4,892,291
$200,000 under $500,000 81,600 36,587 58,180 15,304 10,376
1,267,263
$500,000 under $1,000,000
298,496
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 2,197 26,330
24,232,679
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
194,011
$10,000 under $15,000
708,921
$15,000 under $20,000
821,106
$20,000 under $25,000
984,167
$25,000 under $30,000
1,080,677
$30,000 under $40,000
2,391,144
$40,000 under $50,000
2,424,571
$50,000 under $75,000
5,188,241
$75,000 under $100,000
3,773,286
$100,000 under $200,000
4,872,660
$200,000 under $500,000
1,265,419
$500,000 under $1,000,000
298,136
$1,000,000 or more
201,814
Nontaxable returns, total
9,747,845
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments--continued Domestic production activities deduction Amount (132) 3,303,121 411 203 540 676 * 5,083 4,515 5,781 15,487 21,722 29,860 61,214 59,402 81,454 48,082 13,018 2,658 1,193 1,381 242 92 319 776,323 ** -21,081 143,404 411,784 411,641 412,395 394,837 864,588 46,268 107,737 134,047 208,808 48,017 13,012 5,556 41,750 168,748 48,041 20,889 92,237 890,970 1,943,912 1,469,909 2,022,621 865,192 214,972 138,664 6,866,945 -** 648 * 3,792 * 3,849 10,283 23,212 1,793 10,207,763 7,226 317,218 ** --** 1,277 * 1,956 * 3,930 10,237 14,153 26,088 54,532 57,555 80,904 205,933 18,583,802 8,582 1,791 47,149 254,526 335,259 352,966 379,320 879,129 1,016,381 2,558,345 2,445,856 4,623,821 3,175,790 1,141,087 1,363,799 5,341,573 952 10,478 136,545 5,312 40,088 450,704 4,543 25,190 198,935 9,789 55,824 372,818 858 223 391 69 20 901,837 --* 4,958 32,045 37,915 58,813 54,783 95,334 80,010 185,855 135,384 171,127 39,730 4,330 1,554 180,739 48,066 215,205 1,141,943 4,340 168,984 866,406 3,180,213 39,785 211,203 2,035,499 4,667,949 171,967 139,124 1,504,737 2,536,569 136,465 122,495 2,175,980 2,959,904 194,803 569,405 428,768 805,776 194,901 33,351 7,448 2,545 4,721 883 363 2,701,098 --* 5,048 46,575 71,192 91,874 98,856 201,470 175,469 544,361 422,588 800,208 194,314 33,265 15,878 458,153 54,677 1,138,138 1,357,125 100,975 212,928 37,152 1,300,938 1,448,066 118,175 255,521 22,594 776,607 866,337 78,533 149,888 8,853 850,630 824,875 74,710 126,452 12,848 10,845 40,041 43,898 113,611 146,429 401,011 292,640 80,194 19,317 8,283 11,372 2,543 1,556 1,168,853 69 -* 1,086 * 2,462 8,276 6,837 8,081 34,260 38,976 106,689 146,115 400,319 292,456 80,170 43,057 59,446 7,232 1,154,425 974,931 64,198 133,324 14,128 * 8,364 1,714,841 1,226,984 44,573 75,530 7,993 1,958 1,405 3,474 12,362 13,260 36,257 57,177 183,168 383,359 395,980 259,110 207,243 605,777 375,586 765,175 3,279,336 -* 87 * 186 * 172 * 740 * 982 1,110 8,736 8,279 32,488 54,568 181,748 382,843 395,690 2,211,707 23,785 * 3,704 * 6,404 1,751,376 864,783 20,545 34,093 8,002 * 349 * 1,736 1,223,200 297,289 18,464 35,856 3,953 2,077 30,244 40,565 42,227 54,096 53,050 251,126 302,760 902,348 1,483,423 6,303,931 7,509,508 3,005,840 843,282 392,349 550,107 109,915 67,283 21,644,970 2,406 -* 1,151 * 6,535 30,963 27,977 38,550 208,293 260,569 829,058 1,477,926 6,290,496 7,503,681 3,004,867 1,962,499 366,581 3,730 10,759 227,919 213,472 13,481 87,496 9,635 67,419 358,968 868,560 17,074,708 23,925,376 1,082,576 3,159,251 1,228,299 22,011,551 (133) (134) (135) (136) (137) (138) (139) (140) (141) 1,164,171 21,892 34,101 59,166 90,358 80,574 61,040 57,773 141,970 94,724 179,957 136,173 156,793 38,257 7,313 1,593 851 1,115 323 199 900,433 71 * 2,000 10,655 41,032 42,153 41,255 44,617 123,961 82,532 171,796 134,497 156,324 38,170 7,298 4,072 263,737 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Health savings account deduction Deduction for self-employment tax Moving expense adjustment Payments to a Keogh plan Penalty on early withdrawal of savings Amount (142) 429,850 14,465 26,103 15,887 24,959 31,503 13,079 25,335 43,913 25,697 82,273 32,829 54,550 23,569 6,289 3,300 1,305 2,673 619 1,502 327,399 40 * 207 548 8,441 20,750 8,497 21,462 41,537 23,565 76,291 32,470 54,434 23,499 6,269 9,389 102,451
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns (131)
Basic Tables 2006
All returns, total 1,025 2,242 3,421 2,390 4,748 3,501 6,580 18,288 18,263 43,374 41,482 94,364 91,056 41,789 15,423 8,922 15,610 4,914 3,734
421,128
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total --
389,683
No adjusted gross income
$1 under $5,000 * 745 * 673
* 1,300
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
* 1,263
$20,000 under $25,000 3,609 13,391 11,844 40,499 39,333 93,880 90,922 41,756 48,569 31,445
* 1,897
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
53
Footnotes at end of table.
54
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments--continued Alimony paid Amount (144) 9,115,764 307,935 51,689 80,288 69,058 167,670 195,279 179,617 169,056 301,793 273,173 520,794 372,950 656,211 405,651 119,952 34,349 15,415 22,841 5,585 3,473 2,855,279 441 * 137 * 2,283 24,496 148,020 274,730 329,712 345,058 819,717 851,265 2,067,641 1,914,190 3,981,217 3,353,076 1,164,295 855,928 948,912 4,167,150 -* 1,639 -* 631 * 2,648 ** 7,731 ** ** ** 2,821 ** ** 3,198 ---10,146 53,201 85,756 105,927 95,131 215,044 218,446 455,133 358,437 650,917 405,096 119,859 81,606 3,754 ------* 1,957 -* 107 * 2,211 ** 16,230 ** ** ** 8,264 ** ** 6,337 16,135,383 15,470 28,769 41,959 ** ** 60,542 ** ** 240,699 ** ** * 14 --100,504 --* 1,000 * 5,644 * 5,656 * 1,007 * 6,637 * 8,659 * 5,792 23,219 16,077 24,035 2,744 *8 * 25 19,964 159,332 ** ** -353,958 ** ** * 11 1,165,142 ** ** *8 3,357,795 ** 2,826 ** 8,273 2,744 11,044 * 14 * 10 -* 27 --297,556 --* 17,926 * 22,584 * 8,456 * 2,792 * 27,009 * 32,365 * 14,690 63,327 33,745 63,567 11,044 * 14 * 37 70,702 4,018,607 ** ** 24,035 63,567 2,040,292 ** ** 16,077 33,745 2,475,857 ** 8,384 ** 18,191 23,451 64,795 1,148,803 * 2,648 * 2,211 * 6,790 * 20,228 16,592 23,239 13,648 26,727 ** 9,481 ** 301 145 177 47 27 107,957 --* 2,007 * 1,925 * 4,999 * 3,342 * 3,455 * 6,526 12,918 22,261 13,635 26,721 ** 9,470 ** 697 29,339 1,259,992 * 1,563 * 1,399 10,664 43,831 9,165 718,556 --10,308 30,768 6,114 664,439 * 1,639 * 1,957 * 2,215 * 6,514 9,333 694,235 * 650 * 1,624 8,230 16,267 * 7,663 602,976 * 952 * 1,426 * 7,333 * 33,265 6,525 190,541 122,351 162,409 262,387 458,978 1,035,144 734,879 1,917,502 1,890,043 831,737 318,308 149,551 283,024 107,417 142,524 8,288,586 5,559 -* 7,806 * 18,620 112,100 110,618 120,309 224,785 351,461 1,005,189 707,516 1,911,947 1,883,392 830,131 999,153 827,178 22,288 * 9,930 32,217 28,008 26,266 51,366 160,822 63,430 269,501 ** 212,964 ** 8,260 23,756 19,382 9,691 14,479 886,222 --* 1,914 * 4,181 * 2,773 * 17,213 * 11,234 * 25,454 42,546 159,778 63,304 269,436 ** 212,820 ** 75,568 187,765 135,788 448,860 --* 4,637 * 37,757 * 2,146 * 2,084 119,985 411,619 --* 2,652 * 5,054 * 3,334 * 12,288 104,610 438,871 *8 * 26 * 1,298 * 1,373 2,630 107,257 3,804,190 20,302,533 18,668 35,106 120,468 368,258 137,296 1,073,988 86,583,732 -11,287,057 11,207,720 10,682,206 9,661,065 8,375,654 6,927,002 9,784,646 6,140,831 8,032,741 2,842,375 1,431,428 159,232 36,460 8,145 2,928 3,396 627 219 50,322,469 -850,630 3,341,240 5,500,835 5,196,297 5,027,202 4,650,831 7,885,680 5,559,127 7,838,066 2,833,732 1,429,475 157,969 36,196 15,190 36,261,263 (145) (146) (147) (148) (149) (150) (151) (152) (153) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (154) 590,487,763 -50,412,459 67,067,099 69,130,018 65,286,068 58,143,708 48,708,543 71,212,906 48,025,710 69,792,769 27,071,979 13,704,040 1,454,685 336,034 76,136 27,189 30,834 5,653 1,934 341,304,085 -1,279,223 16,464,377 28,165,795 28,831,530 30,826,293 29,352,973 53,692,590 42,264,781 67,834,232 26,986,174 13,687,609 1,444,046 333,793 140,670 249,183,678 Self-employed health insurance deduction Medical savings account deduction Certain business expenses of reservist, performing artist, etc. Other adjustments [1] Basic standard deduction
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Size of adjusted gross income
Number of returns
(143)
All returns, total
585,286
No adjusted gross income 8,726 8,124 8,397
13,531
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
21,164
$20,000 under $25,000
14,693
$25,000 under $30,000
18,272
$30,000 under $40,000
31,161
$40,000 under $50,000
58,117
$50,000 under $75,000
115,927
$75,000 under $100,000
79,785
$100,000 under $200,000
122,011
$200,000 under $500,000 4,084 2,000 3,203 793 589
59,634
$500,000 under $1,000,000
15,078
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
Individual Returns 2006
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total 91 -* 650
523,398
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
* 2,372
$15,000 under $20,000
16,226
$20,000 under $25,000
12,190
$25,000 under $30,000
16,100
$30,000 under $40,000
29,419
$40,000 under $50,000
46,605
$50,000 under $75,000
113,551
$75,000 under $100,000
79,123
$100,000 under $200,000
121,886
$200,000 under $500,000
59,486
$500,000 under $1,000,000
15,053
$1,000,000 or more
10,647
Nontaxable returns, total
61,888
Footnotes at end of table.
Table 1.4--All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Additional standard deduction
Total itemized deductions
Exemptions
Taxable income
Alternative minimum tax
Income tax before credits
Size of adjusted gross income Amount Number of returns (157) 49,123,555 -345,274 577,704 1,029,474 1,276,531 1,536,608 1,821,779 4,363,179 4,546,362 10,818,922 8,297,996 10,655,930 2,962,237 552,797 142,284 61,068 95,326 24,348 15,735 42,402,082 -6,158 26,257 275,037 524,163 825,885 1,125,404 3,266,548 3,770,537 9,976,544 8,147,439 10,610,868 2,957,262 551,845 338,135 6,721,474 41,131,313 52,740,328 169,793,195 166,368,784 294,319,827 140,429,335 49,119,305 131,967,702 155,251,862 12,647,336 8,590,341 4,683,478 2,087,265 4,859,576 5,964,742 7,124,397 7,505,864 16,747,619 16,719,404 39,856,386 29,167,419 34,037,385 8,992,096 1,724,667 1,004,497 100,842,106 93,580 695,220 13,637 * 2,517 -13,047 1,073,985,426 174,414,838 559,830,041 42,964 * 8,306 2,286,609 15,998,745 19,646,421 23,466,929 24,731,792 55,205,533 55,116,559 131,415,083 96,192,421 112,013,383 20,778,439 1,849,018 1,077,839 332,081,568 53,489,509 45,008 48,187 17,653,722 70,750 75,710 30,051,854 275,826 294,709 11,936,247 181,815 195,296 63,844 98,492 24,914 15,931 92,713,707 -856,524 3,366,091 5,774,668 5,718,790 5,852,412 5,777,020 11,155,559 9,329,077 17,814,551 10,979,416 12,036,255 3,112,958 587,466 352,918 13,953,695 20,077,961 432,991 465,721 150,188 49,648,717 1,727,892 1,852,070 588,218 141,755,680 9,008,457 20,812,455 3,116,212 299,344,593 34,219,151 112,610,244 12,067,176 174,668,813 29,937,280 98,728,598 11,102,730 660,346,861 1,181,233,605 731,857,821 348,055,997 161,556,432 98,151,682 265,082,448 153,833,151 399,093,365 5,460,467,126 -959,903 6,593,825 24,791,811 46,091,775 67,420,436 91,166,552 237,763,671 267,238,142 726,336,744 656,902,758 1,180,048,005 731,077,382 347,608,241 1,076,467,881 118,678,317 196,833,604 44,823,495 147,796,871 18,708,802 743,787,518 71,839,198 22,665,089 74,720,994 10,511,657 284,972,064 65,217,946 28,203,110 92,969,386 13,733,631 265,074,215 26,575,063 17,047,316 56,170,790 8,252,297 111,592,271 1,513 3,811 7,815 87,680 129,240 1,096,666 2,242,146 ** 381,972 ** ** ** ** ** 3,956,902 6,293 * 264 * 2,326 * 846 2,065 2,668 1,513 3,408 7,808 83,801 127,729 1,094,108 2,242,107 ** 381,965 ** 9,638 21,996,060 19,004,738 62,615,725 8,830,458 84,959,346 2,668 19,170,566 19,703,873 64,891,816 7,958,803 54,399,481 2,202 15,044,424 19,526,046 64,289,348 6,631,856 27,161,757 850 8,464,825 14,789,260 48,679,895 3,931,639 7,022,667 2,336 316 1,138 3,649 2,880 11,746 11,993 17,190 105,899 180,430 2,128,778 10,982,445 ** 7,930,923 ** ** ** ** ** 21,556,222 184,067 * 1,713 * 313 * 1,136 3,514 2,880 11,746 11,785 16,846 103,359 180,057 2,125,489 10,982,395 ** 7,930,923 ** 8,364 5,468,507 9,430,166 30,992,750 880,556 964,764 * 890 * 2,278 -4,164,681 13,701,043 --6,751 184,922 1,229,237,288 275,256,944 891,911,609 106,667,402 5,579,145,443 3,966,540 21,564,586 (158) (159) (160) (161) (162) (163) (164) (165) 106,688,255 8,711 875,009 3,932,334 6,635,470 7,960,548 8,828,936 8,251,473 13,732,197 10,512,872 18,712,718 11,103,860 12,073,036 3,118,500 588,799 150,295 63,955 98,640 24,954 15,949 92,740,927 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 353,341 13,947,327 Amount Number of exemptions Amount Number of returns Amount Number of returns Amount Number of returns
Number of returns (156) 16,976,422 -1,257,691 1,777,928 2,226,522 2,074,666 1,502,477 1,158,271 1,676,792 1,253,497 2,104,209 1,072,252 751,375 96,803 16,538 3,831 1,782 1,460 240 88 11,765,025 -* 4,598 70,437 1,105,720 1,122,560 1,405,950 1,121,051 1,643,324 1,246,376 2,100,975 1,072,204 751,248 96,712 16,495 7,375 5,211,397
Amount
(155)
(166) 1,082,855,370 185,136 92,406 701,254 2,710,778 5,795,585 9,784,380 13,339,066 32,980,877 38,120,185 107,459,776 99,778,247 216,003,453 179,370,453 95,958,665 45,067,137 27,349,574 73,466,456 40,595,481 94,096,462 1,069,743,976 184,070 91,331 658,485 2,477,322 4,947,131 7,989,100 11,220,705 30,089,684 36,207,991 105,467,659 99,378,746 215,804,210 179,161,402 95,831,066 280,235,073 13,111,394
Basic Tables 2006
All returns, total --
11,261,327
No adjusted gross income
$1 under $5,000
893,594
$5,000 under $10,000
1,266,667
$10,000 under $15,000
1,529,092
$15,000 under $20,000
1,378,923
$20,000 under $25,000
971,361
$25,000 under $30,000
752,950
$30,000 under $40,000
1,102,722
$40,000 under $50,000
825,340
$50,000 under $75,000
1,366,282
$75,000 under $100,000
645,871
$100,000 under $200,000
454,446
$200,000 under $500,000 2,446 1,060 934 159 56
59,142
$500,000 under $1,000,000
10,281
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total --
7,833,730
No adjusted gross income
$1 under $5,000
* 3,680
$5,000 under $10,000
56,117
$10,000 under $15,000
875,514
$15,000 under $20,000
838,694
$20,000 under $25,000
901,870
$25,000 under $30,000
722,832
$30,000 under $40,000
1,077,084
$40,000 under $50,000
820,324
$50,000 under $75,000
1,363,451
$75,000 under $100,000
645,841
$100,000 under $200,000
454,357
$200,000 under $500,000 4,637
59,078
$500,000 under $1,000,000
10,251
$1,000,000 or more
Nontaxable returns, total
3,427,598
[1] Other adjustments does not include the foreign housing adjustment.
* Estimate should be used with caution due to the small number of sample returns on which it is based.
55
** Data combined to avoid disclosure of information for specific taxpayers.
NOTE: Detail may not add to totals because of rounding.
56
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income
Adjusted gross income less deficit (2) 0.09 0.10 2.55 0.94 0.93 0.95 0.96 0.99 1.05 0.79 0.84 0.55 0.78 0.64 0.79 1.10 1.33 1.00 1.21 0.61 0.02 0.19 20.33 4.74 1.70 1.37 1.37 1.34 1.34 0.92 0.92 0.58 0.78 0.64 0.79 1.10 0.65 0.39 0.62 0.83 0.68 0.88 1.31 0.48 0.59 0.97 0.96 1.39 1.40 2.06 2.00 1.36 1.30 0.77 0.89 0.67 0.72 0.96 0.54 0.79 1.42 2.22 1.42 2.32 1.78 3.23 5.63 4.01 6.87 8.75 4.99 4.92 4.65 4.92 3.62 3.71 2.57 3.05 2.35 2.09 2.14 0.37 1.76 12.75 16.36 3.91 0.19 0.27 0.66 0.01 0.02 0.01 0.86 0.54 0.63 0.61 0.03 0.97 20.18 16.17 14.62 9.53 9.94 8.32 8.34 5.79 5.16 3.05 3.24 1.96 1.44 1.44 0.61 3.47 0.84 0.99 0.97 0.62 1.43 0.87 1.97 1.15 1.74 1.16 2.28 1.56 1.30 0.95 2.12 1.44 2.63 2.58 2.59 1.25 0.59 0.07 1.19 32.46 29.15 28.75 24.93 35.13 21.21 16.94 15.41 11.58 7.16 6.81 4.06 2.97 2.65 0.58 5.74 0.88 0.72 2.07 1.43 2.95 0.68 0.67 2.33 1.96 3.99 0.82 0.88 3.01 3.20 6.57 0.59 0.75 2.52 2.98 6.76 1.17 1.31 0.90 0.84 1.03 1.22 0.91 0.52 0.55 0.02 0.42 19.30 3.86 4.24 3.45 3.27 3.05 3.01 2.10 1.99 1.20 1.33 0.90 0.84 1.03 0.51 1.23 0.88 1.21 3.55 4.84 11.29 1.88 0.82 1.24 3.41 5.28 13.30 1.94 1.09 1.74 4.51 7.51 14.87 2.70 1.02 1.73 4.16 7.28 17.75 2.66 5.29 5.50 4.22 4.24 2.90 3.43 2.41 2.11 2.45 2.78 2.42 1.30 1.08 -0.68 5.30 5.90 7.96 6.38 6.10 5.89 6.02 4.56 4.47 2.97 3.47 2.43 2.12 2.46 0.51 2.52 1.00 1.66 3.73 7.57 22.61 2.51 4.84 1.01 1.65 3.60 7.11 19.10 2.51 4.62 1.02 1.73 3.94 8.04 21.69 2.53 4.92 1.24 1.72 4.22 8.74 19.11 2.34 4.03 2.57 2.80 2.76 2.81 2.95 2.98 2.16 2.07 1.29 1.45 0.97 0.88 1.07 1.26 0.94 0.53 0.56 0.02 0.46 21.13 4.05 4.51 3.81 3.65 3.37 3.33 2.34 2.18 1.32 1.46 0.98 0.89 1.07 0.53 1.38 2.77 1.98 2.30 6.56 6.64 2.60 2.96 2.89 0.16 0.24 0.62 0.93 1.17 0.39 0.65 0.43 1.01 0.93 0.83 0.82 0.86 0.91 0.98 0.74 0.77 0.51 0.71 0.56 0.64 0.84 1.10 0.86 1.11 0.44 0.01 0.11 2.04 3.43 1.66 1.23 1.23 1.22 1.23 0.86 0.85 0.53 0.72 0.56 0.64 0.84 0.31 0.62 (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) 0.78 3.62 4.79 5.86 5.38 6.04 6.50 6.73 4.92 5.08 3.61 4.20 2.95 2.51 2.93 3.33 2.89 1.57 1.32 -0.80 5.06 6.87 9.51 7.37 7.33 7.41 7.35 5.32 5.36 3.72 4.22 2.97 2.53 2.95 0.62 3.30 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends
(Coefficient of variation for number of returns and amount (percent))
Number of
Size of adjusted gross income
returns (1) 0.01 1.44 0.81 0.81 0.82 0.85 0.91 0.97 0.74 0.77 0.50 0.71 0.58 0.69 0.94 1.15 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 0.31
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
Individual Returns 2006
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
State income tax refunds Net income Amount (16) 5.69 53.22 30.35 18.85 14.19 16.33 15.99 16.96 12.81 14.86 11.52 19.08 18.36 25.34 39.39 42.38 55.04 31.03 73.10 -6.34 --99.92 19.62 20.00 22.21 23.50 13.89 15.20 11.54 19.47 18.67 25.36 26.18 18.05 7.34 39.44 16.89 10.53 4.15 4.10 4.04 4.31 2.81 2.73 1.81 2.11 1.61 1.70 2.23 1.81 0.72 7.17 18.69 31.09 0.63 1.48 16.16 21.83 9.85 5.13 5.33 5.51 6.08 4.41 4.38 2.99 3.38 2.22 2.18 2.97 12.61 1.28 0.13 1.51 1.30 2.40 4.77 30.09 2.29 4.20 3.78 2.05 1.69 -1.21 25.66 57.44 18.03 9.42 8.77 7.53 7.09 4.62 4.51 2.74 3.55 2.91 3.43 4.13 1.97 1.83 2.71 3.65 4.49 2.23 2.96 4.11 1.70 2.17 3.42 1.60 2.21 2.90 2.08 3.32 3.49 5.67 4.38 5.18 5.29 5.84 6.52 2.83 1.01 -1.74 3.76 62.62 29.71 13.86 12.93 11.28 10.98 7.35 6.90 4.85 5.85 4.41 5.27 5.39 1.30 2.46 1.69 2.77 2.60 4.61 2.38 3.76 4.01 6.11 2.25 3.34 3.86 6.13 3.00 4.00 5.36 7.91 7.13 5.04 4.76 3.19 3.69 3.06 3.79 6.57 9.39 8.08 6.67 8.21 -1.40 83.51 6.78 9.55 8.15 8.16 8.31 7.90 5.32 5.03 3.23 3.70 3.06 3.79 6.59 5.94 3.79 2.78 3.66 5.26 7.56 7.25 2.38 3.01 5.15 7.51 6.61 1.91 2.26 5.31 9.80 6.41 1.86 2.26 5.98 11.87 6.60 10.72 12.09 12.80 15.12 15.25 11.29 12.21 6.81 8.16 8.01 20.62 13.98 18.88 18.43 13.82 5.06 -3.83 53.29 8.74 15.89 14.86 16.53 17.45 16.35 10.70 12.79 6.91 8.18 8.02 20.64 14.01 8.70 7.32 2.12 3.22 6.31 10.70 5.23 7.21 4.16 4.62 2.56 3.17 13.17 11.92 0.35 1.18 0.96 1.42 1.31 3.63 0.62 4.45 3.85 3.91 3.97 4.16 4.34 4.24 3.08 2.97 1.87 2.07 1.36 1.13 1.25 1.41 1.06 1.24 0.58 -0.66 15.43 5.27 5.78 5.30 5.38 4.90 4.75 3.41 3.17 1.93 2.10 1.37 1.14 1.25 0.66 2.05 (17) (18) (19) (20) (21) (22) (23) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Net loss Taxable net gain Amount (24) 0.36 2.22 10.82 8.50 5.95 7.95 7.50 6.92 5.14 4.97 3.12 3.20 2.00 1.73 1.75 1.93 1.56 0.74 0.60 -0.36 2.76 7.55 7.38 7.77 7.70 7.40 7.46 5.26 5.34 3.26 3.27 2.02 1.74 1.76 0.25 2.51 Amount (14) 0.70 8.86 15.63 14.37 9.66 7.53 6.28 5.42 13.40 10.35 11.63 9.44 15.47 15.89 21.44 26.13 33.45 28.30 16.23 19.00 -4.53 --99.92 18.22 17.25 17.80 18.86 11.42 11.88 9.44 15.67 16.04 21.48 4.12 3.25 1.82 2.00 1.72 2.50 3.32 3.71 5.73 1.55 1.23 -0.72 9.40 68.74 31.67 21.91 10.80 7.76 6.88 4.01 3.61 1.87 2.02 1.72 2.52 3.34 0.91 3.03 13.17 13.59 12.60 16.62 22.93 53.11 3.85 (15) Number of returns Alimony received Business or profession Capital gain distributions Sales of capital assets
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (13) 0.50 6.55 9.09 7.43 5.52 4.88 4.20 3.73 2.20 2.01 1.17 1.31 1.05 1.50 1.82 1.95 1.48 0.83 0.78 0.04 0.53 22.97 45.70 26.01 10.87 7.32 5.56 4.69 2.49 2.20 1.22 1.33 1.06 1.50 1.82 0.81 1.87
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
57
Footnotes at end of table.
58
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D Taxable net loss Amount (26) 0.88 1.04 6.65 6.26 6.94 6.41 7.04 7.42 7.01 5.18 4.92 3.12 3.44 2.23 1.82 1.91 2.05 1.56 2.12 0.78 -0.06 1.14 15.07 15.04 14.82 10.14 10.02 9.00 8.73 5.87 5.68 8.40 8.45 5.45 4.78 1.91 1.02 3.19 4.97 0.74 6.21 3.32 3.57 2.27 1.81 1.92 0.95 2.38 6.03 38.98 34.48 19.54 16.45 11.16 13.17 7.78 7.82 5.21 5.08 3.10 2.95 3.02 1.06 2.25 1.23 0.01 1.11 27.46 9.41 10.54 8.83 9.41 8.48 8.13 5.86 5.28 3.22 3.50 2.23 1.83 12.91 15.75 25.49 17.68 19.60 36.15 23.95 22.87 5.36 1.20 -1.34 0.94 1.21 2.11 0.97 1.98 4.23 1.66 3.46 2.71 1.62 1.59 0.13 1.86 23.24 27.04 24.36 16.89 15.84 14.23 14.41 9.44 9.36 5.84 5.83 3.77 2.99 3.12 1.56 2.91 5.57 2.11 3.55 3.40 4.94 1.91 2.95 3.11 4.73 1.81 2.91 2.98 5.40 2.26 3.00 3.74 3.36 3.26 3.57 4.41 4.24 2.54 1.77 0.03 1.47 6.39 56.63 39.55 21.06 18.99 12.19 16.97 9.17 11.10 5.90 5.82 3.47 3.31 3.66 1.52 2.55 8.45 3.53 4.80 5.72 5.46 7.94 3.18 4.64 5.40 5.22 11.38 5.23 6.72 8.39 9.37 12.88 5.15 6.23 7.97 7.63 5.20 4.94 3.12 3.46 2.22 1.82 1.94 2.16 1.67 1.97 0.88 0.04 1.11 28.09 9.50 10.72 8.96 9.37 8.50 8.27 5.91 5.29 3.22 3.52 2.23 1.83 1.94 1.05 3.01 21.69 7.11 9.79 10.52 11.36 7.04 15.37 7.05 8.47 10.20 9.43 7.40 17.48 6.91 7.94 10.03 10.77 6.91 23.13 6.72 9.15 9.88 10.01 6.43 22.26 17.24 14.47 21.25 12.39 20.43 7.75 8.33 5.22 4.86 5.51 7.13 5.09 3.09 2.47 -1.90 13.04 23.10 25.08 35.27 18.45 16.83 26.46 14.82 23.78 8.27 8.34 5.26 4.90 5.55 1.64 6.71 33.30 6.65 9.50 8.87 10.61 6.87 31.04 14.31 5.96 9.51 7.65 10.44 6.04 14.66 6.48 3.77 3.03 4.35 3.27 5.80 7.74 1.18 1.02 1.03 1.55 1.23 1.04 1.83 2.70 4.34 5.00 5.02 4.98 5.28 5.60 4.23 4.24 2.73 3.00 2.06 1.92 2.36 2.86 2.35 1.56 1.71 0.27 1.05 23.02 17.97 12.71 8.07 7.25 6.53 6.68 4.76 4.61 2.85 3.04 2.08 1.93 2.36 1.49 1.70 1.27 6.60 8.69 8.60 8.39 8.60 9.02 8.81 6.36 6.24 3.78 4.24 2.68 2.16 2.30 2.46 1.91 1.09 1.00 0.05 1.37 13.60 19.31 17.26 12.34 12.02 11.15 10.40 7.08 6.74 3.91 4.28 2.69 2.16 2.31 1.07 3.53 (27) (28) (29) (30) (31) (32) (33) (34) (35) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (36) 1.86 7.62 20.17 15.11 18.80 6.74 12.49 13.17 9.49 9.02 8.60 7.93 5.72 5.11 4.33 4.79 6.69 3.11 1.37 -2.05 9.58 43.35 34.09 27.43 23.71 20.21 11.57 12.52 8.44 9.47 8.11 5.87 5.18 4.39 1.39 4.45 Short-term capital gain Short-term capital loss Short-term loss carryover Net short-term gain from sales of capital assets Net short-term loss from sales of capital assets
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (25) 0.82 2.56 4.01 4.67 4.62 4.62 4.82 5.08 3.79 3.79 2.46 2.71 1.89 1.79 2.28 2.77 2.30 1.52 1.68 0.26 0.97 22.28 14.15 10.77 7.27 6.69 5.93 5.96 4.23 4.09 2.55 2.74 1.90 1.80 2.29 1.46 1.65
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--continued Short-term loss from other forms (4684, 6781, and 8824) Number of returns (39) 4.60 22.08 46.61 56.15 49.79 98.59 43.83 49.98 34.50 28.85 22.15 23.94 13.03 7.94 5.83 4.90 3.49 1.65 1.21 -4.76 21.92 99.92 72.58 70.67 -59.22 69.90 39.14 31.42 22.22 24.41 13.28 7.98 5.84 1.42 17.16 98.91 62.95 41.11 30.56 33.86 45.91 21.19 14.62 1.05 16.18 55.57 -99.10 99.82 99.92 37.75 37.10 37.70 50.92 27.10 35.57 16.92 16.54 10.26 11.09 6.03 3.76 2.96 1.12 9.66 7.35 11.89 4.97 2.47 ---1.26 2.62 54.33 67.46 91.78 60.30 77.39 66.70 26.46 40.26 22.89 24.73 15.55 10.18 7.81 0.74 6.71 2.35 0.83 1.38 4.45 2.13 2.61 10.33 1.99 6.57 10.77 2.72 7.51 4.40 3.42 1.78 1.50 -3.86 22.54 45.52 70.49 39.90 41.60 31.64 39.30 24.62 27.46 14.72 16.52 8.71 5.62 4.55 1.68 11.97 14.45 2.95 7.73 4.54 20.71 3.75 9.86 5.60 45.15 5.98 14.97 8.60 31.13 10.79 22.06 15.76 38.52 19.97 17.29 10.26 9.79 8.96 4.37 1.36 -3.13 8.52 78.59 87.99 81.61 65.10 90.37 72.41 48.93 59.67 38.53 35.05 21.42 18.16 10.50 1.50 12.42 30.34 9.90 20.96 14.30 42.61 33.38 15.23 33.01 23.09 46.46 56.11 15.93 33.99 21.69 38.48 77.36 31.59 65.81 33.00 40.74 49.87 22.13 72.10 25.54 79.28 4.49 4.40 3.20 3.08 1.93 2.13 1.39 1.14 1.24 1.39 1.05 0.58 0.58 -0.67 12.08 5.38 5.87 5.63 5.57 5.05 4.93 3.53 3.28 1.99 2.15 1.39 1.14 1.24 0.57 2.09 8.51 35.20 53.54 36.14 65.45 4.32 69.97 23.42 55.45 31.09 62.79 4.14 60.49 28.28 49.49 35.61 47.77 3.97 58.64 24.89 71.07 30.07 55.04 3.93 10.64 6.90 6.70 8.08 7.75 7.33 5.21 5.15 3.25 3.28 2.03 1.74 1.76 1.94 1.57 0.75 0.61 -0.37 2.75 8.05 8.50 8.74 7.97 7.62 7.44 5.30 5.52 3.38 3.36 2.05 1.75 1.76 0.25 2.43 20.95 13.59 6.64 16.62 11.37 4.33 2.15 4.75 2.39 1.24 3.67 3.13 0.63 0.36 (40) (41) (42) (43) (44) (45) (46) (47) 0.90 2.81 4.26 5.02 4.94 4.94 5.23 5.60 4.19 4.15 2.68 3.01 2.07 1.97 2.49 3.04 2.54 1.67 1.86 0.32 1.06 26.29 14.44 11.19 7.74 7.03 6.39 6.46 4.63 4.46 2.77 3.05 2.07 1.97 2.49 1.61 1.80 Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Net short-term partnership/ S-corporation gain Net short-term partnership/ S-corporation loss Long-term capital gain Long-term capital loss Amount (48) 0.82 2.23 6.55 6.78 6.12 5.59 6.45 7.04 4.34 5.49 3.15 3.72 2.46 2.44 3.21 4.53 4.07 2.07 1.23 0.01 1.04 5.37 30.83 20.15 10.95 9.56 8.70 8.82 6.09 6.22 3.37 3.90 2.56 2.47 3.28 1.63
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income Amount (38) 2.51 18.92 64.81 74.97 65.29 49.80 51.86 53.09 49.74 79.87 40.85 49.45 30.91 21.29 17.24 17.54 13.55 6.46 3.90 -2.55 23.44 99.92 91.54 97.97 69.21 73.44 61.52 54.21 41.90 48.46 49.62 31.04 21.67 17.27 1.70 15.21
Short-term gain from other forms (2119, 4797, etc.)
Number of returns (37) 5.03 24.00 45.37 50.96 41.42 50.12 67.75 40.97 33.70 35.88 25.79 22.58 13.15 8.21 6.58 5.84 4.35 2.10 1.58 -5.16 17.39 99.92 91.54 70.60 69.10 92.77 47.18 34.87 40.89 26.34 22.65 13.18 8.24 6.60 1.89 17.91
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
59
Nontaxable returns, total
1.63
Footnotes at end of table.
60
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--continued Net long-term gain from sales of capital assets Amount (50) 0.61 1.18 5.11 6.30 7.07 6.43 6.67 7.11 7.49 5.40 5.06 3.30 3.72 2.51 2.38 2.91 3.25 2.69 1.60 1.49 0.11 1.30 17.14 14.55 12.89 9.32 8.93 8.25 8.51 6.00 5.38 3.39 3.75 2.52 2.38 2.92 1.52 2.90 10.76 4.66 6.75 4.45 4.53 5.71 2.75 5.44 9.57 15.33 14.78 19.08 8.04 7.61 7.41 5.40 5.36 3.25 3.52 2.31 1.96 2.28 1.32 2.01 18.16 9.52 31.59 12.95 25.60 14.37 9.28 23.09 5.52 31.11 20.89 12.29 9.91 9.49 9.28 7.86 6.68 3.83 4.25 2.73 2.56 3.18 1.55 1.82 1.77 1.16 1.10 -0.15 -2.11 1.41 1.27 8.63 1.37 2.04 7.63 2.13 3.96 1.68 0.88 0.76 -1.49 13.60 27.31 37.71 18.96 17.10 12.92 11.42 8.52 7.75 5.00 5.16 3.15 2.31 2.11 0.85 3.84 9.61 2.64 4.38 2.17 5.61 2.27 3.12 2.11 4.47 1.95 2.53 2.30 4.42 2.30 2.63 3.13 4.15 3.22 3.06 3.35 2.86 1.51 1.04 -0.80 4.79 43.82 55.99 28.20 23.08 20.95 17.47 13.25 14.48 8.44 7.26 4.20 3.24 3.07 0.55 6.46 6.58 3.46 4.04 5.03 6.95 4.56 3.13 3.55 4.71 7.58 9.93 5.00 5.92 6.99 12.40 5.12 4.89 6.36 7.51 11.45 33.95 31.26 22.71 24.06 14.22 9.14 7.15 6.08 4.66 2.30 1.75 -5.78 28.08 99.92 72.58 70.67 -64.47 69.90 38.27 33.13 22.77 24.12 14.48 9.18 7.17 2.02 18.93 13.88 6.37 7.40 9.87 19.33 49.98 11.98 6.13 7.04 10.14 19.36 44.52 6.73 5.77 7.00 10.22 24.03 91.44 23.62 5.79 6.64 10.07 47.74 52.81 72.88 8.51 49.40 89.81 37.91 36.59 31.25 35.61 49.22 22.42 15.84 16.64 11.36 5.78 3.35 -6.31 12.45 99.92 99.86 99.65 -64.69 98.93 49.85 41.72 31.44 37.28 49.43 22.97 15.96 1.41 18.69 13.37 5.64 7.11 11.60 18.93 48.98 60.49 16.47 4.74 6.81 13.59 44.35 51.98 69.55 12.35 3.14 2.32 5.93 7.22 25.91 24.74 1.86 0.99 0.90 1.38 0.81 5.53 5.98 3.61 10.66 8.33 8.42 8.99 10.48 9.39 9.94 6.40 4.02 4.28 2.71 2.36 2.50 2.86 2.29 1.21 1.03 -0.62 6.09 10.37 10.84 12.08 10.32 9.55 10.03 12.05 6.96 4.14 4.37 2.74 2.37 2.51 0.46 3.27 1.74 9.48 17.10 15.71 14.31 21.28 14.00 17.97 11.61 11.07 6.49 7.18 4.05 2.67 2.21 2.10 1.56 0.79 0.68 -1.81 16.70 25.98 21.40 19.22 30.99 16.49 23.52 12.66 12.38 6.89 7.39 4.09 2.68 2.21 0.76 6.24 (51) (52) (53) (54) (55) (56) (57) (58) (59) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (60) 0.53 5.03 33.37 31.13 23.76 40.34 23.45 31.12 23.22 18.84 12.35 12.96 6.94 4.89 4.04 3.86 3.04 1.40 0.92 -0.52 2.65 32.27 31.66 32.79 44.22 24.34 38.98 20.44 24.18 13.84 13.99 7.11 4.95 4.07 0.35 5.31 Net long-term loss from sales of capital assets Long-term loss carryover Long-term gain from other forms (2119, 4797, etc.) Long-term loss from other forms (4684, 6781, and 8824) Net long-term partnership/ S-corporation gain
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (49) 0.76 4.82 4.53 4.63 4.86 5.06 5.33 5.20 3.79 3.77 2.29 2.56 1.65 1.35 1.46 1.63 1.23 0.69 0.67 -0.80 17.74 6.59 6.95 6.72 6.48 6.08 5.82 4.19 4.03 2.36 2.59 1.66 1.36 1.46 0.68 2.38
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Sales of capital assets reported on Form 1040, Schedule D--cont. Net long-term partnership/ S-corporation loss Net gain Number of returns (65) 2.21 7.57 20.81 16.84 18.13 13.96 14.12 13.35 10.37 10.14 6.86 7.97 5.39 4.11 3.81 3.74 2.94 4.53 1.19 -2.48 21.06 54.28 99.46 34.77 28.35 19.34 8.35 6.81 5.88 3.80 4.59 1.53 1.25 1.38 0.66 8.68 2.31 2.98 2.79 3.35 1.30 4.29 18.61 11.75 11.35 7.46 8.19 5.44 4.13 3.82 1.95 5.05 2.84 -2.71 6.22 87.78 68.39 68.38 47.66 31.65 29.13 22.39 20.35 12.74 12.24 9.43 8.50 10.38 1.17 6.52 3.99 7.32 7.73 10.26 3.43 3.46 2.83 1.54 1.33 -2.69 17.32 57.68 57.68 36.06 25.52 25.97 20.72 14.97 13.71 8.90 9.58 5.86 4.10 3.44 1.46 4.91 8.45 4.09 9.30 5.77 11.79 9.48 11.68 8.18 15.71 19.75 12.72 8.98 8.20 8.89 7.64 3.93 1.36 -3.84 5.46 70.35 82.14 64.87 31.17 48.47 41.28 33.40 28.95 16.92 20.97 13.06 9.23 8.35 2.18 5.80 17.41 12.04 23.73 19.14 11.86 23.22 19.05 16.45 29.03 19.74 15.54 47.14 3.75 3.90 2.95 3.11 2.06 2.51 2.13 2.54 3.32 3.89 3.17 1.92 1.84 0.18 0.92 57.69 32.24 15.77 5.13 4.92 4.23 4.19 3.08 3.20 2.08 2.53 2.14 2.54 3.32 1.87 2.15 24.41 15.26 23.06 3.56 25.58 17.65 30.60 3.56 28.30 16.35 30.70 4.43 38.07 19.07 43.44 6.43 9.08 5.81 4.98 5.04 5.35 5.64 4.37 4.67 3.15 3.84 3.31 4.55 6.85 11.13 8.14 6.24 9.13 0.34 1.46 23.50 36.85 20.01 7.08 7.01 6.02 6.04 4.55 4.81 3.19 3.87 3.32 4.55 6.86 4.61 3.30 6.98 6.68 6.49 6.84 8.29 2.50 2.36 3.37 0.83 1.37 (66) (67) (68) (69) (70) Amount Number of returns Amount Number of returns Amount Net loss Number of returns (61) 3.64 15.43 24.70 38.95 26.69 31.01 24.73 29.18 18.48 19.15 11.69 14.56 7.83 5.66 4.94 1.38 1.59 1.19 0.67 0.67 -0.74 21.63 6.43 6.84 6.63 6.17 5.90 5.75 4.15 3.69 2.29 2.46 9.16 9.85 9.66 10.15 9.13 21.39 1.13 -1.35 1.96 3.18 4.65 3.34 5.26 4.28 2.55 2.37 -3.89 12.69 59.07 59.07 36.05 57.38 30.04 32.32 20.03 21.99 12.40 14.62 7.94 5.67 4.95 2.40 10.23 14.90 4.06 13.64 19.49 26.98 29.85 31.16 35.14 59.56 66.22 51.92 64.89 97.77 97.66 9.13 6.08 -3.62 9.48 9.98 11.57 14.76 13.23 1.25 2.79 18.55 1.53 2.97 26.65 2.43 4.53 24.44 2.23 3.75 50.06 3.51 5.63 31.00 3.82 6.47 42.64 5.16 7.60 43.24 5.21 8.69 77.00 4.85 7.59 49.53 4.73 6.82 49.26 4.57 7.04 49.10 4.29 7.08 9.15 4.50 6.84 5.00 0.69 1.09 (62) (63) (64) Amount Number of returns Amount Schedule D capital gain distributions Sale of property other than capital assets Taxable IRA distributions
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
61
Footnotes at end of table.
62
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Pensions and annuities Total Amount (72) 0.93 0.49 5.15 3.78 2.61 2.17 2.15 2.34 2.50 1.80 1.89 1.26 1.61 1.42 1.86 2.54 2.89 2.34 1.41 1.28 0.08 0.02 0.79 32.19 26.39 11.48 3.62 3.42 3.28 3.39 2.45 2.61 1.78 2.23 1.97 1.86 2.55 1.33 1.30 3.09 4.81 2.91 1.87 8.94 8.29 7.12 7.73 5.33 5.34 3.38 3.76 2.68 2.37 2.57 1.26 2.76 23.64 70.02 13.46 1.28 1.50 9.42 62.88 31.36 12.32 11.19 10.05 11.45 7.86 8.06 5.15 5.57 3.81 3.65 4.06 1.48 4.04 --0.55 34.09 20.83 9.16 3.08 2.84 2.66 2.73 1.90 1.96 1.28 1.62 1.42 5.49 1.24 1.31 3.95 1.34 2.47 5.74 2.31 4.17 2.70 1.58 1.46 -1.22 31.22 75.26 29.44 13.15 9.37 8.35 7.41 5.00 4.61 3.04 3.40 2.41 2.39 2.79 1.47 2.09 7.25 2.83 4.14 3.15 4.79 2.57 4.05 2.78 3.09 2.37 3.64 2.38 1.97 2.67 3.80 2.40 3.14 3.24 4.12 4.28 4.85 2.57 1.28 -1.54 14.20 58.42 41.10 25.32 14.37 12.38 10.56 7.65 6.72 4.35 4.57 3.18 3.27 4.14 1.69 2.57 2.22 3.74 5.52 3.33 4.46 1.76 3.26 4.91 2.86 4.19 2.55 4.91 7.36 4.08 5.84 2.37 4.76 7.08 4.02 5.89 8.74 9.25 6.03 6.62 4.56 3.62 3.37 3.33 2.63 1.29 1.01 -2.15 17.43 33.36 38.59 18.23 14.00 13.75 11.96 9.29 9.80 6.17 6.73 4.58 3.63 3.38 1.20 5.53 3.19 6.52 10.03 5.64 7.92 10.65 2.95 6.03 8.50 5.80 8.01 12.07 2.63 5.66 8.69 5.86 9.18 11.32 2.61 5.54 7.67 6.09 8.74 11.57 17.26 22.26 23.86 24.25 19.84 19.84 12.31 15.18 9.71 8.85 8.70 7.81 9.23 4.85 2.82 -3.01 13.84 50.12 57.30 25.41 26.48 26.13 26.31 21.55 20.57 12.59 15.82 9.79 8.90 8.72 2.33 9.57 3.29 6.68 10.56 6.51 8.92 13.60 21.01 5.57 8.92 12.60 7.46 10.78 12.84 19.62 6.77 6.27 6.49 3.75 3.81 10.45 10.88 0.74 1.15 1.41 1.04 1.32 2.00 2.90 6.92 15.83 8.60 4.18 4.19 4.09 6.45 2.78 3.05 1.89 2.51 2.21 3.75 4.91 6.38 5.39 6.52 2.06 -0.97 22.71 33.16 12.45 6.23 4.34 3.97 7.11 2.82 3.15 1.92 2.52 2.22 3.76 4.92 3.13 3.22 11.82 60.20 70.72 99.92 80.36 39.65 99.85 99.53 52.84 53.38 ** 29.49 ** 26.54 19.12 23.31 19.90 15.15 7.57 4.81 -13.01 86.92 -99.92 80.36 -99.85 -59.93 53.44 ** 29.92 ** 26.55 19.17 23.46 6.25 28.17 (73) (74) (75) (73) (77) (78) (79) (80) (81) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (82) 20.18 18.20 99.44 99.92 90.00 67.92 99.85 99.53 52.25 73.77 ** 45.01 ** 44.33 47.26 33.48 38.66 41.37 50.35 14.47 -19.73 41.37 -99.92 90.00 -99.85 -62.56 73.78 ** 45.02 ** 44.35 47.34 34.23 19.50 51.71 Taxable Net income Net loss (includes nondeductible loss) Net income Net loss Rent Royalty
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (71) 0.46 4.86 3.59 2.56 2.13 2.10 2.28 2.41 1.75 1.82 1.21 1.52 1.29 1.61 2.17 2.51 1.98 1.20 1.12 0.06 0.52 32.95 20.83 8.95 3.04 2.80 2.61 2.64 1.85 1.90 1.23 1.53 1.30 1.61 2.17 1.15 1.25
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
Individual Returns 2006
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Farm rental Net income Amount (84) 5.62 27.45 27.87 20.55 41.72 34.02 33.55 ** 24.14 ** 23.56 26.62 ** 14.65 ** 19.95 ** 13.09 ** ** ** ** ** ** 8.32 56.23 -99.92 51.22 58.96 ** 25.65 ** 26.26 26.86 ** 14.86 ** 20.00 ** 13.11 ** ** 15.95 ** 39.64 38.19 ** 26.34 ** 29.73 ** 15.34 ** ** 22.45 ** 34.38 76.10 90.05 99.92 20.55 7.91 7.15 6.22 6.55 4.55 4.67 2.95 3.30 2.37 2.07 2.16 0.93 2.46 -30.11 68.72 12.02 13.03 1.11 ** --1.35 8.62 40.46 27.71 10.94 9.83 8.89 10.53 7.21 7.45 4.67 5.13 3.58 3.51 3.99 1.33 3.62 ** 0.86 1.46 ** 0.98 2.43 ** 1.83 4.31 ** 2.31 4.01 3.83 3.24 1.88 1.61 -1.37 30.65 75.26 29.44 13.46 9.81 8.31 7.49 5.01 4.71 3.07 3.42 2.88 3.38 3.56 1.71 2.11 ** 2.15 3.99 3.55 ** 15.29 2.07 3.50 3.37 29.71 2.36 3.57 2.86 ** 3.27 5.08 3.35 4.34 3.66 4.61 4.57 5.16 6.00 3.27 1.34 -1.66 11.34 62.05 41.28 26.67 14.50 12.17 10.56 7.01 6.37 4.13 4.50 3.64 4.65 4.59 1.96 2.66 ** 25.57 2.86 4.48 2.89 3.84 36.72 4.32 6.83 4.16 5.57 33.04 4.14 6.50 4.03 5.83 ** 5.61 9.29 5.73 8.00 7.36 5.10 4.89 3.12 3.38 2.05 1.48 1.45 1.61 1.25 0.73 0.74 -0.99 18.65 19.69 17.34 12.18 11.09 9.51 9.37 6.17 5.60 3.33 3.44 2.06 1.48 1.45 0.70 3.09 ** 33.62 5.34 7.71 5.81 8.11 7.41 47.42 5.04 6.99 5.95 9.42 7.90 60.38 4.92 6.90 6.23 8.90 7.82 45.39 5.75 8.79 6.71 8.85 8.85 22.17 18.98 22.43 30.09 18.31 20.85 13.97 16.08 14.43 20.15 24.04 23.51 25.10 29.08 4.83 -6.20 66.19 -99.92 32.62 27.62 23.74 31.30 19.29 22.58 14.10 16.29 14.43 20.19 24.05 12.91 12.27 41.64 51.75 7.25 10.67 7.49 10.35 9.76 15.02 12.17 10.12 9.90 9.69 9.26 6.82 6.58 4.34 4.50 2.55 1.92 1.78 1.98 1.69 0.90 0.86 -0.56 6.91 24.99 25.34 15.00 13.84 12.80 11.74 8.04 7.56 4.66 4.60 2.56 1.92 1.78 0.44 3.97 28.40 37.51 5.62 5.85 3.77 4.27 7.14 5.23 7.37 11.29 1.00 1.27 1.14 1.41 0.94 0.55 (85) (86) (87) (88) (89) (90) (91) (92) (93) 1.46 3.49 10.77 9.28 9.36 10.46 9.52 9.27 7.04 6.60 4.70 5.15 3.35 2.72 2.75 2.89 2.27 2.82 0.96 -1.74 23.80 40.68 24.56 20.84 18.14 14.06 12.31 8.74 7.93 5.03 5.31 3.38 2.74 2.76 1.37 2.73 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Net loss Net income Net loss Net income Net loss Amount (94) 1.02 1.88 18.40 15.58 15.58 15.96 14.57 14.96 10.85 10.55 7.03 7.62 4.69 3.65 3.24 3.32 3.32 1.33 0.39 -1.12 5.18 13.60 36.93 31.62 24.09 19.42 17.72 12.42 14.78 7.82 8.01 4.84 3.80 3.35 0.49 1.85 Total rental and royalty Partnership and S Corporation
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (83) 3.81 21.73 22.93 16.72 16.29 14.72 17.69 20.86 12.54 13.88 10.25 11.15 9.25 11.29 12.33 14.58 10.21 6.29 5.69 -4.26 41.04 -99.92 24.69 20.73 18.56 22.37 13.07 14.62 10.30 11.22 9.25 11.31 12.35 5.92 8.61
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
63
Footnotes at end of table.
64
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Estate and trust Farm Net loss Number of returns (97) 10.57 28.21 99.61 98.93 70.27 ** 55.94 ** 44.69 66.71 -51.99 46.62 23.45 18.95 18.20 12.74 10.72 4.36 2.73 -11.93 35.57 --72.06 ** 72.30 ** 49.97 ** 55.94 ** 70.51 47.35 23.98 19.13 18.32 3.36 22.80 58.49 63.46 38.20 25.36 26.54 2.09 11.02 ** ** 78.22 70.49 ** 22.60 19.26 13.09 12.42 8.18 11.11 8.53 9.75 11.03 4.72 5.52 ** 98.52 24.90 89.21 21.66 -49.39 -98.47 69.65 57.76 27.52 31.36 35.84 32.45 21.78 15.16 12.02 12.47 10.49 12.58 10.66 7.03 8.37 0.90 34.06 12.52 4.12 3.66 4.45 ---1.81 4.87 7.23 2.69 -1.90 46.88 99.91 41.77 18.76 17.79 11.76 14.26 7.79 8.22 5.17 6.22 5.42 5.63 5.91 2.89 3.37 7.57 5.63 11.02 3.19 16.55 9.48 19.39 5.85 25.97 10.78 16.96 6.40 25.83 11.01 10.66 5.90 6.84 6.97 8.71 4.14 1.49 -2.63 12.24 99.91 68.52 26.42 27.47 17.29 19.69 12.64 11.40 7.90 8.23 6.76 7.08 6.92 2.31 3.84 21.63 9.73 12.57 5.62 7.02 35.71 8.53 10.49 5.40 6.69 54.50 10.97 12.69 6.14 8.11 45.54 7.70 11.01 5.01 7.83 2.66 3.85 4.07 6.63 11.83 16.34 13.45 10.55 13.45 -1.31 61.82 45.25 12.91 5.72 4.95 4.96 5.14 3.75 4.00 2.76 3.88 4.09 6.64 11.84 9.67 1.88 -10.73 14.12 7.61 10.60 3.65 54.22 10.80 16.40 7.07 10.90 3.16 72.70 14.46 21.36 10.98 15.64 4.03 ** 15.01 21.29 8.97 14.08 3.62 4.68 5.33 4.23 4.80 3.61 5.08 5.27 8.02 13.52 18.79 15.86 12.81 12.60 -1.76 43.56 49.95 17.00 7.94 6.73 6.57 6.82 4.97 5.33 3.74 5.12 5.29 8.03 13.53 11.42 2.49 ** 78.22 13.67 19.47 9.83 14.06 3.43 4.54 80.79 12.90 22.25 9.68 13.09 3.56 4.76 85.45 15.53 24.01 10.58 15.36 4.27 5.43 99.24 15.70 31.64 13.78 19.06 7.28 9.49 9.93 13.30 20.03 4.44 4.39 13.59 16.09 3.68 2.68 2.30 2.06 2.16 2.35 2.54 1.98 2.15 1.47 1.98 1.78 2.05 2.43 2.73 2.18 1.30 1.18 0.08 0.63 40.31 16.67 9.32 3.00 2.92 2.66 2.75 2.07 2.20 1.49 1.99 1.78 2.05 2.44 1.24 1.15 4.35 2.90 3.80 1.45 2.09 1.05 1.42 0.53 (98) (99) (100) (101) (102) (103) (104) (105) (106) 0.60 3.89 3.12 2.56 2.29 2.39 2.59 2.81 2.20 2.43 1.67 2.18 1.95 2.23 2.61 2.93 2.37 1.41 1.24 0.07 0.70 30.87 18.63 10.54 3.25 3.17 2.90 3.02 2.29 2.48 1.69 2.19 1.95 2.23 2.61 1.31 1.31 Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Net income Net loss Unemployment compensation Total Social security benefits Net income Amount (96) 2.64 13.06 66.13 26.32 26.59 24.59 29.31 31.60 21.94 24.42 14.64 15.43 11.07 9.63 9.87 11.19 9.06 4.54 3.59 -2.69 7.84 38.29 39.79 32.78 34.95 29.72 38.63 22.47 25.85 14.94 15.88 11.09 9.65 9.88 1.99 12.20
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (95) 3.16 19.18 25.09 19.09 22.27 19.79 23.00 23.50 14.99 15.65 9.57 10.53 6.65 5.29 5.39 5.32 4.24 2.24 1.79 -3.31 50.01 35.83 33.74 29.97 28.40 23.08 28.08 15.36 16.48 9.77 10.63 6.66 5.31 5.40 2.09 10.50
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
Individual Returns 2006
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Social security benefits Other income Foreign earned income exclusion Net income Number of returns (111) 1.08 6.64 5.11 5.12 5.24 5.30 5.55 5.60 4.10 4.35 2.85 3.45 2.64 2.46 2.51 2.57 1.98 1.07 0.91 0.04 1.22 25.04 10.16 10.04 7.93 7.31 7.15 7.01 4.69 9.35 4.38 3.64 1.84 2.63 1.82 1.02 1.06 4.64 2.46 1.81 1.11 1.36 4.74 2.95 3.49 2.65 2.47 2.52 1.04 2.41 2.31 40.53 11.97 15.42 12.26 12.03 13.32 13.24 8.75 10.29 7.67 9.22 6.54 7.02 8.36 2.30 4.74 -2.88 3.81 7.46 9.24 6.99 6.15 3.33 2.99 -5.36 58.16 -82.45 45.57 35.02 31.07 34.00 25.34 30.30 15.53 16.48 10.41 6.26 5.07 3.05 6.83 8.32 4.99 6.97 6.10 6.50 10.15 9.07 16.17 24.82 13.90 8.99 7.27 13.93 18.43 7.24 3.01 -5.21 18.26 -66.20 48.16 50.92 34.69 40.23 29.75 24.09 22.51 25.64 14.42 9.37 7.45 4.75 7.40 7.24 14.97 20.89 9.38 26.89 19.55 7.80 21.60 25.30 10.53 27.41 29.88 17.53 15.83 16.50 12.52 15.94 11.16 9.65 9.15 9.07 7.98 4.29 3.33 -5.24 17.40 71.90 57.33 25.78 34.04 24.99 25.62 19.21 21.39 13.92 16.76 11.68 9.86 9.34 3.71 2.37 10.12 25.15 24.07 16.37 9.02 26.74 33.05 13.99 10.63 29.44 28.16 12.33 8.06 27.31 45.15 10.01 14.98 20.27 21.24 19.11 22.70 23.55 20.26 18.13 21.13 11.58 8.66 7.82 8.71 8.53 3.31 0.78 -2.03 2.19 59.82 80.81 29.43 55.48 28.72 36.24 27.69 27.18 21.05 22.24 12.49 8.98 8.12 1.55 1.44 7.12 27.41 37.44 8.64 13.67 10.80 8.11 8.15 2.55 1.30 2.09 4.32 5.10 2.16 1.20 (112) (113) (114) (115) (116) (117) 1.94 13.35 15.51 10.92 10.11 8.64 9.23 9.82 6.80 7.09 4.44 5.65 4.56 5.15 6.08 6.83 5.78 3.40 3.16 -2.16 64.89 99.92 45.61 16.69 12.78 12.37 12.44 7.54 7.60 4.57 5.70 4.58 5.21 6.17 3.39 4.46 Amount Number of returns Amount Number of returns Amount Number of returns Net loss Amount (118) 2.71 15.26 17.11 14.01 15.51 14.13 11.86 14.89 9.81 9.86 7.42 9.17 7.65 8.55 10.65 12.69 12.39 6.51 5.94 -2.95 1.44 99.92 60.81 21.10 18.32 14.78 20.21 10.79 9.99 7.34 9.19 7.73 9.00 11.47 3.41 5.69 Amount (108) 0.79 14.26 2.70 3.45 7.37 6.48 6.87 7.18 7.85 5.57 7.62 4.69 3.51 1.71 2.43 1.71 2.35 3.56 1.92 0.26 -1.33 ** ** 79.91 23.61 12.06 10.55 10.28 10.03 6.77 9.01 5.31 3.87 1.86 9.87 6.70 9.94 10.97 12.14 24.28 ** 76.29 ** 1.14 -0.29 1.95 3.79 2.48 1.69 2.23 1.64 3.25 3.89 7.78 5.51 7.64 6.86 6.83 6.36 7.92 3.87 3.12 25.95 22.41 20.36 10.55 3.90 3.19 2.23 2.33 1.62 2.18 1.94 2.23 2.61 2.93 2.37 1.41 1.24 0.07 0.80 80.25 73.41 52.56 26.89 13.06 4.32 3.37 2.33 2.39 1.64 2.19 1.95 2.23 2.61 1.31 0.51 0.62 (109) (110) Number of returns Amount Net operating loss Gambling earnings Taxable
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (107) 0.65 25.69 23.22 19.02 15.43 5.08 2.86 2.65 1.98 2.15 1.47 1.98 1.78 2.05 2.43 2.73 2.18 1.30 1.18 0.08 0.67 83.39 72.44 42.06 20.76 5.90 3.14 2.85 2.07 2.20 1.49 1.99 1.78 2.05 2.44 1.24 3.22
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
65
Footnotes at end of table.
66
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments Total IRA Payments Jury duty pay deduction Number of returns (123) 12.56 61.49 -70.68 -97.09 70.57 50.67 49.03 30.49 23.46 35.40 27.32 ----42.92 --13.25 ** ---** 99.85 -58.72 57.71 30.49 23.46 4.96 3.65 4.59 5.86 3.18 3.99 3.28 4.90 35.40 27.33 --42.92 39.44 ** ---** 88.80 -84.30 60.19 85.92 42.44 74.30 36.18 --82.06 81.44 27.45 --82.06 ---1.11 90.81 99.64 18.86 6.94 6.30 4.93 4.59 3.16 3.16 2.25 2.70 3.16 ---2.37 ---------------1.56 36.90 99.64 26.15 9.97 8.87 6.88 6.36 4.26 4.29 3.18 3.60 4.52 ---3.38 36.14 3.16 4.52 74.30 2.69 3.58 42.44 2.16 3.05 85.92 2.96 4.04 5.72 3.54 3.62 3.18 ** 4.95 ** ** ** ** ** ** 1.70 82.03 -72.30 21.42 15.30 15.96 11.60 6.10 6.21 3.65 3.64 3.18 ** 4.95 ** ** 5.69 81.60 2.84 3.87 5.55 83.76 3.96 5.55 9.88 63.09 4.09 5.75 12.57 85.30 4.85 6.88 12.17 -5.15 7.48 13.65 14.31 12.32 12.91 10.16 5.66 5.93 3.74 3.89 3.42 ** 5.15 ** ** ** ** ** ** 1.80 82.03 -72.30 22.47 15.49 16.23 11.96 6.23 6.41 3.85 3.92 3.43 ** 5.15 ** ** 5.94 98.31 6.01 9.00 18.86 20.02 -7.94 11.24 40.85 41.05 80.30 8.76 12.02 25.19 26.50 34.08 1.00 1.41 1.62 1.72 1.45 7.59 6.19 5.73 7.81 7.73 9.02 8.83 7.16 5.91 3.69 4.39 2.49 -------1.72 96.21 -29.25 16.58 16.04 19.57 17.32 9.51 6.47 3.83 4.43 2.49 ---2.69 (124) (125) (126) (127) (128) (129) Amount Number of returns Amount Number of returns Amount Number of returns Amount (130) 1.70 8.27 6.84 6.41 9.20 9.06 10.81 10.33 8.58 7.01 4.42 5.26 2.89 -------2.04 96.15 -30.98 20.25 19.83 24.14 21.08 11.35 7.78 4.61 5.32 2.89 ---3.05 Student loan interest deduction Educator expenses deduction Tuition and fees deduction
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income Amount (120) 0.65 6.07 4.45 3.41 3.10 9.58 7.95 6.80 6.81 4.79 4.55 3.38 4.40 3.50 4.38 5.51 6.12 5.36 3.30 3.45 -1.64 58.15 57.68 41.54 20.80 10.83 8.98 8.66 5.20 4.83 3.46 4.42 3.50 4.39 5.52 5.72 4.10 6.23 9.98 10.63 12.11 25.64 46.43 72.70 65.85 1.80 -3.71 3.46 5.68 6.35 5.85 4.59 3.64 4.94 4.01 5.39 5.75 8.16 8.47 9.39 11.35 3.51 3.60 3.59 2.90 2.82 2.10 2.52 1.74 1.84 2.13 2.50 2.50 2.43 1.07 0.07 0.74 17.94 43.24 15.19 5.81 5.35 4.92 4.72 3.50 3.12 2.22 2.56 1.75 1.84 2.13 1.07 1.54 13.62 17.45 14.41 16.21 15.23 18.26 1.51 1.69 (121) (122) Number of returns Amount
Number of returns (119) 0.36 3.20 2.09 1.73 1.73 2.00 2.14 2.16 1.60 1.63 1.13 1.38 1.10 1.22 1.39 1.59 1.25 1.61 0.69 0.03 0.47 20.53 16.35 6.26 3.34 3.15 2.90 2.80 1.86 1.80 1.19 1.39 1.10 1.22 1.39 0.79 0.72
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
Individual Returns 2006
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments--continued Domestic production activities deduction Amount (132) 1.10 41.23 57.53 48.46 44.38 38.88 40.91 35.51 22.77 18.72 16.42 11.47 11.66 8.41 6.52 7.22 9.19 7.66 5.33 5.84 -4.40 ** -18.02 6.96 4.09 4.10 4.06 4.20 2.79 22.44 14.45 13.24 9.23 6.53 7.22 4.87 12.65 7.00 8.22 5.07 15.34 2.71 1.79 2.08 1.53 1.45 1.66 1.03 0.76 -** 70.54 63.37 45.78 28.18 23.41 17.98 12.25 11.85 8.46 37.46 27.64 56.79 64.88 ** 69.46 --** 24.21 4.56 0.62 -0.05 0.35 0.88 17.30 19.32 9.29 4.92 5.18 5.29 5.77 4.14 4.16 2.77 3.12 2.03 1.92 2.28 3.50 1.28 6.18 0.84 1.60 5.73 2.28 10.28 8.40 1.54 2.60 9.59 1.94 2.80 17.99 16.62 10.14 12.72 -3.05 --41.36 16.84 15.66 12.57 12.77 9.82 10.65 6.93 8.09 6.71 8.49 12.98 10.54 6.79 8.22 1.66 2.28 12.95 6.99 1.45 1.92 8.48 9.16 1.52 2.02 6.69 12.98 2.05 3.07 8.06 10.95 10.44 12.93 15.49 23.38 26.63 11.30 14.87 -4.55 --49.11 22.03 21.82 19.01 18.43 14.93 14.09 9.60 11.02 10.50 12.97 15.53 12.27 10.44 13.58 1.67 2.57 6.78 9.35 20.13 2.36 3.57 9.46 12.45 24.28 2.22 3.16 8.81 12.81 34.58 2.92 3.85 10.62 15.06 41.53 2.77 3.52 11.07 16.55 22.31 24.16 12.86 12.07 7.58 6.61 3.09 2.42 2.65 3.22 2.80 1.79 1.78 0.15 1.76 46.53 -90.75 50.04 29.14 31.84 28.24 14.24 12.92 7.83 6.62 3.10 2.43 2.65 1.59 9.83 42.34 2.37 2.93 11.95 16.99 22.21 49.27 1.90 2.23 14.11 19.39 28.13 34.30 41.68 32.84 19.40 22.91 13.22 12.84 7.49 5.43 4.45 4.34 3.49 1.77 1.46 -1.11 -77.30 86.26 99.93 59.52 55.89 52.63 23.47 30.50 13.88 13.22 7.53 5.44 4.45 0.80 13.98 44.47 46.71 1.87 2.23 19.56 24.74 29.45 86.55 87.54 2.29 3.06 20.58 28.43 41.50 49.88 35.22 35.17 27.70 26.17 25.24 19.09 13.75 9.69 8.14 3.75 2.68 3.02 3.70 3.99 2.56 2.45 0.16 1.64 57.31 -70.79 54.29 34.56 38.39 30.58 21.64 14.93 10.08 8.17 3.76 2.68 3.02 1.90 12.35 29.00 31.27 3.95 4.77 19.08 36.48 21.14 29.01 4.16 4.39 0.39 0.71 2.78 4.17 1.73 1.63 (133) (134) (135) (136) (137) (138) (139) (140) (141) 2.63 16.07 15.95 12.01 9.78 10.48 11.81 11.98 7.84 9.58 6.92 7.87 6.85 7.90 10.05 11.18 8.93 5.67 5.32 -2.99 45.24 70.67 30.30 14.73 14.67 14.25 13.96 8.43 10.32 7.09 7.92 6.86 7.92 10.07 5.01 5.53 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Health savings account deduction Deduction for self-employment tax Moving expense adjustment Payments to a Keogh plan Penalty on early withdrawal of savings Amount (142) 8.02 32.76 51.46 29.46 28.22 22.77 22.68 35.95 28.38 17.71 25.87 15.71 18.63 14.76 17.27 18.47 19.23 18.14 6.46 -9.14 44.61 92.99 47.48 35.81 29.06 28.13 41.67 29.92 18.76 27.70 15.87 18.67 14.81 17.32 8.72 16.76
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (131) 2.81 65.57 50.85 45.10 47.90 33.72 39.72 28.88 17.16 17.90 11.05 11.51 6.69 4.75 3.90 3.66 2.75 1.44 1.22 -2.86 -70.60 88.07 99.93 66.48 57.42 40.18 20.72 22.65 11.61 11.78 6.72 4.76 3.90 1.34 12.62
Basic Tables 2006
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
67
Footnotes at end of table.
68
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
Statutory adjustments--continued Alimony paid Amount (144) 3.26 19.17 33.83 32.82 27.19 6.15 5.80 5.94 6.23 4.58 4.82 3.46 4.06 2.49 2.11 2.19 2.47 2.03 1.22 1.18 0.07 0.08 1.34 19.49 99.64 29.33 13.62 11.34 9.39 10.89 6.80 7.07 4.53 5.03 2.86 2.44 2.54 1.14 2.45 1.28 3.02 72.51 -99.92 58.68 ** 26.33 ** ** ** 20.40 ** ** 42.51 ----------88.01 -99.92 63.82 ** 27.91 ** ** ** 19.21 ** ** 46.59 19.06 18.40 ** ** 1.25 18.79 99.64 24.72 11.06 8.97 7.75 8.54 5.56 5.43 3.72 4.15 2.50 2.11 2.19 1.35 ** ** 1.40 ** ** 58.87 --9.46 --99.95 41.22 41.19 99.95 38.11 33.56 36.17 20.21 24.34 18.74 32.60 93.78 45.73 20.99 2.40 ** ** -2.80 ** ** 71.96 2.54 ** ** 93.78 2.43 ** 20.37 ** 19.19 32.60 46.88 93.78 63.05 -72.25 --15.56 --99.95 86.14 77.71 99.95 62.00 54.19 55.45 28.81 33.12 25.08 46.88 93.78 55.30 30.31 2.84 ** ** 18.74 25.08 4.91 ** ** 24.34 33.12 4.18 ** 25.49 ** 27.12 20.03 28.23 6.21 58.68 63.82 34.17 48.69 23.15 18.53 25.06 16.50 ** 14.40 ** 25.55 21.56 14.07 9.36 -8.36 --70.68 57.66 44.70 49.81 45.87 36.21 26.11 19.07 25.08 16.51 ** 14.42 ** 12.45 16.73 5.56 60.22 68.00 30.32 44.94 30.86 7.65 --30.48 54.95 36.14 7.53 72.51 88.01 64.90 69.91 30.39 7.21 99.92 99.92 32.34 56.20 35.56 7.59 75.33 82.03 35.65 65.71 33.82 25.38 30.25 24.31 24.57 14.99 11.15 13.99 8.08 6.89 7.26 8.72 8.13 4.45 3.78 -3.40 40.79 -99.92 48.24 27.39 32.85 25.70 27.08 17.10 11.43 14.36 8.11 6.91 7.27 3.30 11.27 45.88 68.54 48.13 50.36 54.20 39.82 32.22 38.78 24.72 ** 20.54 ** 40.91 48.83 26.99 0.33 -11.63 --99.43 73.56 56.01 72.39 68.05 55.88 45.96 32.43 38.86 24.72 ** 20.56 ** 17.42 32.47 6.83 8.46 --45.24 58.62 66.28 91.66 7.26 9.35 --58.82 84.57 49.53 59.50 5.99 6.55 79.78 80.86 80.26 86.59 43.74 53.25 1.10 1.21 17.40 17.26 8.63 13.85 7.48 11.15 0.15 -0.82 0.84 0.86 0.92 1.00 1.12 0.92 1.10 0.94 1.70 2.26 3.87 4.28 5.41 4.69 3.32 3.89 -0.32 -3.16 1.63 1.25 1.29 1.32 1.38 1.04 1.17 0.95 1.70 2.26 3.90 4.31 3.12 0.37 (145) (146) (147) (148) (149) (150) (151) (152) (153) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (154) 0.21 -0.94 0.87 0.90 0.96 1.04 1.16 0.96 1.16 0.97 1.73 2.31 3.99 4.33 5.57 4.80 3.40 3.99 -0.35 -3.92 1.66 1.26 1.33 1.37 1.44 1.08 1.23 0.99 1.73 2.31 4.02 4.36 3.24 0.41 Self-employed health insurance deduction Medical savings account deduction Certain business expenses of reservist, performing artist, etc. Other adjustments [1] Basic standard deduction
(Coefficient of variation for number of returns and amount (percent))
Size of adjusted gross income
Number of returns (143) 3.41 16.22 28.54 30.38 26.80 19.81 23.61 21.11 16.01 12.20 8.57 10.39 7.16 6.07 6.10 6.70 5.81 3.24 2.97 -3.62 35.25 -99.92 55.53 23.36 26.21 22.65 16.55 13.66 8.69 10.47 7.17 6.08 6.11 2.96 10.09
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
Individual Returns 2006
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
Table 1.4CV--Coefficient of Variation for All Returns: Sources of Income, Adjustments, and Tax Items, by Size of Adjusted Gross Income--Continued
(Coefficient of variation for number of returns and amount (percent))
Additional standard deduction
Total itemized deductions
Exemptions
Taxable income
Alternative minimum tax
Income tax before credits
Size of adjusted gross income Amount Number of returns (157) 0.26 -4.58 3.63 2.75 2.50 2.31 2.14 1.37 1.31 0.78 0.88 0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 -34.72 17.45 5.51 4.02 3.21 2.77 1.61 1.46 0.82 0.89 0.65 0.72 0.99 0.56 1.05 1.59 2.94 1.74 1.59 0.92 1.00 0.74 0.87 1.21 0.31 1.29 3.37 4.18 5.71 21.57 3.65 1.35 1.32 1.31 1.32 0.95 0.99 0.65 0.85 0.69 0.80 1.11 0.59 0.44 36.85 52.77 -20.05 0.27 0.20 0.01 0.03 0.03 0.20 20.08 52.78 3.65 1.35 1.32 1.31 1.32 0.95 0.99 0.65 0.85 0.69 0.97 1.12 0.60 0.44 0.62 0.62 0.63 0.76 0.66 0.60 1.39 1.00 1.02 1.57 1.34 1.36 1.16 0.86 0.99 0.54 0.02 0.15 -3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 0.74 1.19 1.10 1.12 0.95 0.86 0.80 0.97 0.69 0.75 0.69 0.69 0.58 1.02 0.84 0.84 0.71 0.73 0.58 0.65 0.85 1.12 0.88 1.23 0.45 0.01 0.13 -4.17 2.09 1.36 1.31 1.31 1.29 0.90 0.88 0.55 0.73 0.58 0.65 0.86 0.34 0.97 0.90 0.64 0.64 0.50 0.54 1.49 0.96 0.96 0.78 0.83 1.56 0.90 0.90 0.76 0.82 2.62 1.16 1.16 1.01 1.11 2.67 1.08 1.08 0.97 1.10 49.14 61.49 38.78 26.77 8.25 6.83 1.85 0.79 ** 1.19 ** ** ** ** ** 0.67 16.89 65.54 58.58 78.59 53.86 49.14 61.49 42.37 26.80 8.46 6.88 1.85 0.79 ** 1.19 ** 23.04 2.98 1.02 1.02 1.03 1.16 50.88 3.54 1.00 1.00 1.13 1.28 78.21 4.53 1.09 1.09 1.49 1.98 58.33 5.68 1.34 1.34 3.11 4.15 72.83 45.77 50.39 63.06 41.24 52.10 77.39 57.52 37.56 11.81 10.96 3.18 1.15 ** 1.01 ** ** ** ** ** 0.77 26.39 51.27 50.86 63.14 42.65 52.10 77.39 58.52 38.29 12.03 10.98 3.19 1.15 ** 1.01 ** 30.60 -1.82 1.82 --15.86 26.27 0.27 0.15 0.16 0.12 0.12 0.67 0.77 (158) (159) (160) (161) (162) (163) (164) (165) 0.12 14.74 3.11 1.49 1.13 1.03 0.97 1.01 0.76 0.78 0.50 0.71 0.58 0.69 0.94 1.15 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 0.74 Amount Number of exemptions Amount Number of returns Amount Number of returns Amount Number of returns
Number of returns (155) 0.80 -3.09 2.57 2.34 2.48 2.95 3.33 2.71 3.12 2.38 3.52 3.91 6.47 8.04 10.36 8.09 6.54 7.50 -0.98 -50.56 12.64 3.15 3.22 3.07 3.41 2.74 3.13 2.38 3.52 3.91 6.48 8.06 5.92 1.52 6.02 8.45 6.77 4.08 3.69 2.52 3.28 2.88 3.57 3.21 3.31 3.18 12.71 50.58 -1.02 -7.40 6.71 8.35 10.62 8.43 6.76 4.08 3.69 2.52 3.27 2.84 3.49 3.08 2.57 2.42 2.64 3.18 -0.84 (156)
Amount
Basic Tables 2006
(166) 0.16 26.24 4.97 2.15 1.32 1.20 1.14 1.16 0.85 0.87 0.58 0.77 0.59 0.65 0.87 1.15 0.91 1.51 0.48 0.02 0.17 26.39 4.99 2.27 1.40 1.35 1.34 1.33 0.92 0.92 0.59 0.77 0.59 0.65 0.87 0.43 0.99
All returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $1,500,000
$1,500,000 under $2,000,000
$2,000,000 under $5,000,000
$5,000,000 under $10,000,000
$10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $25,000
$25,000 under $30,000
$30,000 under $40,000
$40,000 under $50,000
$50,000 under $75,000
$75,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Nontaxable returns, total
69
[1] Other adjustments does not include the foreign housing adjustment.
** Data combined to avoid disclosure of information for specific taxpayers.
70
Table 1.5--All Returns: Sources of Income, Adjustments, and Tax Items, by Age
Adjusted gross income less deficit (2) 8,030,842,945 116,379,376 2,351,088 43,952,944 24,713,520 23,586,542 15,429,675 6,345,607 Alimony received Net income Amount (16) 8,120,381 -147,696 1,291,096 3,036,235 2,563,224 1,082,130 1,537,404 30,978,441 2,805,777 77,241,193 3,966,895 105,095,934 3,982,116 76,156,860 1,319,077 1,392,799 1,044,358 629,372 3,853,978 40,628,292 1,054,217 63,518 164,667 6,898 16,209,687 330,265,386 5,446,722 48,738,126 21,288 7,212,704 12,064,985 12,948,828 10,177,709 6,312,613 (17) (18) (19) (20) Number of returns Amount Number of returns Amount Net loss Number of returns (15) 441,514 -13,279 86,371 155,601 127,683 58,580 Number of returns (21) 4,599,135 229,686 878,271 755,199 934,560 765,009 1,036,409 Business or profession 208,284,418 15,105,567 102,308,672 2,741,505 39,948,541 9,338,450 956,825,802 11,884,692 50,474,419 1,267,599 16,194,238 6,364,852 1,591,954,851 13,407,351 38,973,252 1,033,099 11,403,589 6,454,841 35,420,043 45,425,479 94,201,216 1,466,915,489 10,526,993 22,562,516 547,324 3,839,392 4,591,879 16,624,147 1,236,621,018 10,522,931 7,702,758 368,491 1,390,599 4,035,309 6,488,450 8,768,541 953,703 685,829 80,803 194,612 834,444 1,199,812 762,813 3,400,292 3,805,913 5,327,216 5,332,329 7,955,621 5,469,370,119 62,401,235 222,707,445 6,038,822 72,970,971 31,619,775 199,359,146 26,584,184 15,253,801 1,334,051,951 1,774,983,198 2,107,230,338 1,594,904,150 1,204,419,506 (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) 137,195,800 805,241 4,191,051 10,925,323 23,624,799 30,756,343 66,893,043 Sales of capital assets Taxable net gain Amount (22) 8,416,731 438,973 726,378 823,151 1,716,056 1,608,225 3,103,948 Number of returns (23) 13,427,079 357,815 1,624,871 1,900,299 2,614,145 2,733,150 4,196,799 Amount (24) 789,797,297 3,193,825 30,562,365 107,679,518 187,156,571 209,991,497 251,213,521 Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Number of
Age [1]
returns (1)
All returns, total
138,394,754
Under 18
3,171,465
18 under 35
45,860,531
35 under 45
26,539,754
45 under 55
25,642,275
55 under 65
18,418,709
65 and over State income tax refunds Amount (14) 24,206,006 11,932 2,569,969 6,061,798 7,294,287 5,232,013 3,036,007
18,762,020
Age [1]
Capital gain distributions
Number of returns (13)
All returns, total 12,418
22,964,214
Under 18
18 under 35
3,445,383
Individual Returns 2006
35 under 45
6,056,938
45 under 55
6,791,883
55 under 65
4,562,954
65 and over
2,094,638
Sales of capital assets reported on Form 1040, Schedule D Taxable net loss Amount (26) 18,751,674 5,337,951 139,827 750,984 850,057 1,101,298 1,080,285 1,415,500 228,466 4,122,030 11,090,625 14,110,401 11,259,539 11,497,909 52,308,971 414,101 1,866,385 2,737,658 4,061,164 4,115,738 5,556,628 (27) (28) (29) 5,188,636 129,761 574,255 848,514 1,159,298 1,098,650 1,378,157 Number of returns Amount Number of returns Short-term capital gain Short-term capital loss Amount (30) 129,803,389 383,292 5,304,357 19,536,022 33,417,242 35,204,402 35,958,074 Short-term loss carryover Number of returns (31) 1,931,034 64,611 158,623 302,861 454,726 434,331 515,882 Amount (32) 105,089,820 325,793 3,245,551 15,347,722 27,395,007 29,920,511 28,855,236 Net short-term gain from sales of capital assets Number of returns (33) 5,319,838 135,070 730,024 850,505 1,101,841 1,099,313 1,403,085 Amount (34) 33,524,258 129,616 2,034,369 5,952,514 9,281,145 8,184,163 7,942,450 Net short-term loss from sales of capital assets Number of returns (35) 3,623,253 71,711 434,281 601,912 791,427 759,791 964,130 Amount (36) 27,126,470 59,098 2,032,156 4,423,527 6,806,897 6,142,336 7,662,456
Age [1]
Number of returns (25)
All returns, total
8,641,990
Under 18
212,151
18 under 35
1,067,122
35 under 45
1,331,783
45 under 55
1,860,506
55 under 65
1,799,452
65 and over
2,370,975
Footnotes at end of table.
Table 1.5--All Returns: Sources of Income, Adjustments, and Tax Items, by Age--Continued
Sales of capital assets reported on Form 1040, Schedule D--continued Short-term loss from other forms (4684, 6781, and 8824) Number of returns (39) 178,867 2,761 11,893 27,621 44,206 46,170 46,216 Sales of capital assets reported on Form 1040, Schedule D--continued Net long-term loss from sales of capital assets Number of returns (51) 4,660,800 102,363 555,129 650,486 900,061 974,793 1,477,968 18,271,701 1,781,840 13,394,275 1,213,337 9,627,667 1,123,747 45,784,071 54,838,640 70,465,316 6,273,575 690,231 22,024,879 3,172,133 498,708 6,826,548 255,042 156,555 1,091,309 14,322 128,624 313,457 469,529 577,813 857,239 Sale of property other than capital assets Net gain Number of returns (65) 894,821 481,267 1,990,162 1,107,154 1,805,985 2,122,245 3,552,963 1,192,660 4,169,954 9,870,959 13,134,981 21,353,205 3,420 75,903 159,922 227,355 205,127 223,095 Amount (66) 14,020,711 2,143 944,006 2,701,367 3,506,737 3,870,577 2,995,880 Net loss Number of returns (67) 883,982 5,288 86,082 182,427 229,318 200,031 180,836 Amount (68) 9,819,064 1,311 506,362 2,074,598 2,704,397 2,582,910 1,949,487 50,994,393 5,464,418 201,030,762 2,360,983 (52) (53) (54) (55) (56) 233,813,815 476,549 7,852,350 29,699,124 53,431,487 66,111,732 76,242,572 Amount Number of returns Amount Number of returns Amount Long-term loss carryover Long-term gain from other forms (2119, 4797, etc.) Long-term loss from other forms (4684, 6781, and 8824) Number of returns (57) 141,298 2,656 10,423 20,845 37,695 39,699 29,980 Amount (58) 1,527,883 4,861 52,207 330,822 507,873 412,554 219,565 Net long-term partnership/ S-corporation gain Number of returns (59) 1,514,318 41,511 129,158 194,985 307,255 350,483 490,925 Amount (60) 189,676,169 1,078,953 7,044,229 29,408,325 52,159,269 49,577,129 50,408,263 246,907 230,372 4,721,891 110,593 996,410 4,144,389 383,331 154,596 4,642,042 81,505 919,666 2,638,935 411,845 157,242 5,945,038 75,144 997,216 2,451,155 278,389 102,021 5,135,535 41,580 668,709 1,677,876 100,049,460 179,105,711 206,171,190 247,991,233 41,761 68,668 1,143,462 35,270 234,646 1,404,290 27,383,049 3,289 19,004 118,886 9,165 17,195 353,572 3,041,865 1,365,522 731,903 21,706,855 353,257 3,833,841 12,670,217 763,742,508 7,257,803 189,468 844,798 1,016,867 1,506,338 1,551,368 2,148,963 (40) (41) (42) (43) (44) (45) (46) (47) Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (48) 208,022,674 1,105,254 8,953,674 23,932,417 46,676,505 55,896,307 71,458,517 Net short-term partnership/ S-corporation gain Net short-term partnership/ S-corporation loss Long-term capital gain Long-term capital loss
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Age [1] Amount (38) 4,688,907 * 2,047 1,193,955 1,184,855 1,076,902 594,775 636,373
Short-term gain from other forms (2119, 4797, etc.)
Number of returns (37)
All returns, total
146,529
Basic Tables 2006
Under 18 7,568 22,886 33,092 40,364 41,307
* 1,312
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
Age [1] Amount (50) 339,029,650 1,262,869 11,850,915 41,928,410 74,057,399 91,256,157 118,673,901
Net long-term gain from sales of capital assets
Number of returns (49)
All returns, total
9,191,345
Under 18
254,767
18 under 35
990,292
35 under 45
1,167,858
45 under 55
1,766,689
55 under 65
1,944,313
65 and over
3,067,427
Sales of capital assets reported on Form 1040, Schedule D--cont. Schedule D capital gain distributions Number of returns (63) 9,911,970 301,312 1,022,311 (64) 51,000,528 Amount
Age [1] Amount (62) 4,260,226 11,815 257,393 462,156 1,170,764 1,165,438
Net long-term partnership/ S-corporation loss
Taxable IRA distributions Number of returns (69) 9,965,065 9,408 385,783 614,897 861,892 1,521,290 6,571,795 Amount (70) 124,705,552 49,873 1,964,099 6,317,595 10,653,135
Number of returns (61)
All returns, total 5,188 39,175 46,115 95,129 91,979
407,026
Under 18
18 under 35
35 under 45
45 under 55
71
55 under 65
27,882,310 77,838,541
65 and over
129,440
Footnotes at end of table.
Table 1.5--All Returns: Sources of Income, Adjustments, and Tax Items, by Age--Continued
72
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Pensions and annuities Total Amount (72) 780,831,489 24,098,220 20,305 1,366,148 1,654,911 2,442,397 5,837,394 12,777,065 Total rental and royalty Net loss Amount (84) 3,609,088 125,974 -* 1,006 6,942 22,718 37,515 57,794 283,267 2,138,088 149,767 1,313,813 138,598 1,074,966 13,165,106 19,567,664 33,872,929 Farm Net loss Number of returns (97) 44,685 * 1,793 6,590 4,281 6,493 9,798 15,731 1,941,673 * 41,924 161,251 255,441 377,494 483,064 622,500 (98) Amount Net income Number of returns (99) 551,965 * 5,306 60,193 84,921 140,593 125,548 135,405 Amount (100) 7,683,980 * 7,552 726,137 1,064,383 2,522,674 1,932,893 1,430,341 Net loss Number of returns (101) 1,406,308 * 2,566 118,789 222,953 352,503 334,553 374,944 Amount (102) 23,015,298 * 4,646 1,512,980 3,458,820 5,926,522 6,366,819 5,745,512 35,670 568,529 5,082,284 * 4,390 220,629 1,584,499 -13,719 81,597 * 657 494,289 981,141 1,271,359 1,063,636 847,173 611,692 5,329,744 73,354,079 4,658,255 * 18,572 54,587 88,401 306,421 530,215 2,610,893 Estate and trust Net income Amount (96) 19,125,097 238,986 1,862,226 1,861,554 3,124,537 4,156,422 7,881,372 (85) (86) (87) (88) (89) (90) 49,926,987 * 6,520 5,473,234 11,496,188 14,336,617 11,443,905 7,170,523 Number of returns Amount Number of returns Amount Number of returns Amount Net income Net loss Number of returns (91) 5,022,308 40,235 564,932 1,134,725 1,386,596 1,062,827 832,993 261,017,030 1,486,101 23,648,251 904,208 8,460,056 639,659 134,592,014 999,353 15,025,527 1,178,255 14,815,776 351,952 33,654,529 840,810 9,982,389 1,468,234 19,092,604 275,060 3,117,730 4,383,587 8,081,588 14,632,691 450,906 4,060,321 1,104,664 15,009,848 134,879 1,053,998 6,443,415 165,698 885,672 543,295 6,867,960 51,188 665,129 114,785 * 2,641 * 5,717 * 1,614 * 10,497 10,454 58,791 -1,233 4,607 7,017 8,717 18,586 Partnership and S Corporation Net income Amount (92) 528,224,522 841,786 26,460,535 116,715,166 175,419,289 133,917,958 74,869,788 Unemployment compensation Number of returns (103) 7,378,438 * 2,748 2,242,281 1,859,623 1,885,315 1,111,395 277,076 Amount (104) 26,523,665 * 2,913 6,970,374 7,069,380 7,048,445 4,533,712 898,841 Number of returns (93) 2,596,993 17,905 281,224 575,611 659,761 596,451 466,042 Net loss Amount (94) 102,747,208 277,638 5,917,535 18,947,234 30,174,304 27,896,514 19,533,983 Social security benefits Total Number of returns (105) 20,609,364 80,461 188,779 358,258 824,722 3,159,878 15,997,265 Amount (106) 339,754,476 739,645 1,552,156 4,149,935 11,182,959 43,194,445 278,935,337 450,454,465 3,945,510 53,607,878 5,200,270 64,256,741 1,463,190 17,360,823 40,159 149,884 13,941,613 43,451,889 94,707,156 261,871,218 366,709,729 Farm rental Net income (73) (74) (75) (73) (77) (78) (79) (80) (81) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (82) 320,028 -1,332 67,242 45,994 74,994 130,466 Taxable Net income Net loss (includes nondeductible loss) Net income Net loss Rent Royalty
Age [1]
Number of returns (71)
All returns, total 21,304
26,511,367
Under 18
18 under 35
1,791,497
35 under 45
2,241,816
45 under 55
3,103,924
55 under 65
6,339,672
65 and over
13,013,154
Age [1]
Number of returns (83)
All returns, total * 624 8,003 18,164 60,540 84,243
462,724
Individual Returns 2006
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
291,150
Age [1]
Number of returns (95)
All returns, total 13,449 63,548 44,742 96,612
550,919
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
117,502
65 and over
215,065
Footnotes at end of table.
Table 1.5--All Returns: Sources of Income, Adjustments, and Tax Items, by Age--Continued
Other income Foreign earned income exclusion Gambling earnings Net income Number of returns (111) 5,830,163 64,882 1,112,351 1,062,356 1,268,811 1,155,128 1,166,634 Statutory adjustments Total IRA Payments Jury duty pay deduction Number of returns (123) 57,259 -10,275 9,944 19,870 15,825 1,345 34,380 13,387 35 1,644 2,367 --4,818,643 1,665,868 1,334,144 646,748 75,496 Statutory adjustments--continued Domestic production activities deduction Amount (132) 3,303,121 10,276 142,608 567,147 1,096,546 895,396 591,148 57,293 97,390 106,066 87,242 10,976 -358,968 (133) (134) 868,560 -76,913 216,429 276,580 276,291 22,346 Number of returns Amount Health savings account deduction Deduction for self-employment tax Number of returns (135) 17,074,708 66,703 3,860,572 4,147,473 4,280,822 3,043,610 1,675,527 Amount (136) 23,925,376 14,150 3,055,579 5,853,373 7,397,554 5,438,861 2,165,859 Moving expense adjustment Number of returns (137) 1,082,576 * 685 483,170 278,392 195,561 105,173 19,594 Amount (138) 3,159,251 * 1,986 1,031,482 888,156 792,865 355,937 88,826 Payments to a Keogh plan Number of returns (139) 1,228,299 *8 62,699 241,616 415,872 368,447 139,656 Amount (140) 22,011,551 * 213 735,764 4,033,671 7,603,750 7,342,760 2,295,393 Penalty on early withdrawal of savings Number of returns (141) 1,164,171 * 3,299 150,478 134,084 236,010 230,529 409,771 Amount (142) 429,850 * 115 25,559 45,028 98,383 72,763 188,003 51,814 8,540,900 (124) (125) (126) 6,156,865 -3,395,199 1,290,466 941,492 464,843 64,864 Amount Number of returns Amount Student loan interest deduction Educator expenses deduction Number of returns (127) 3,166,931 -856,595 753,323 804,258 635,382 117,372 Amount (128) 805,568 -218,476 191,806 203,533 163,622 28,131 Tuition and fees deduction Number of returns (129) 4,015,828 * 48 1,380,080 733,230 1,351,332 489,653 61,484 Amount (130) 9,620,615 * 192 3,369,781 1,509,190 3,402,438 1,222,011 117,003 7,443,800 35,715 601,654 319,988 8,634,108 47,727 1,235,836 204,159 8,870,212 71,504 1,728,970 179,995 7,175,894 90,256 2,117,661 125,728 9,845,385 19,502,934 23,220,304 25,169,966 5,067,112 101,537 1,830,580 80,110 2,998,078 282,125 * 51 * 20,090 6,919 59,253 37,473,251 346,790 7,534,789 916,899 80,795,920 1,871,292 * 650 172,998 283,315 457,217 539,532 417,580 (112) (113) (114) (115) (116) (117) Amount Number of returns Amount Number of returns Amount Number of returns Amount (118) 27,902,023 * 15,661 1,824,230 3,980,272 7,405,855 8,451,911 6,224,094 Net loss Amount (108) 144,403,839 58,351 210,598 1,212,396 4,071,236 18,772,512 120,078,746 12,762 556,822 56,761 3,262,722 84,788 5,146,105 97,776 5,786,392 77,017 3,395,068 * 159 * 7,544 329,264 18,154,653 (109) (110) Number of returns Amount Net operating loss
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Social security benefits Taxable
Age [1]
Number of returns
(107)
Basic Tables 2006
All returns, total 9,175
13,749,185
Under 18
18 under 35
43,764
35 under 45
165,055
45 under 55
492,137
55 under 65
2,200,945
65 and over
10,838,108
Age [1] Amount (120) 113,845,357 51,234 14,578,029 22,160,000 35,951,312 29,984,260 11,120,523 365,774 1,806,517 960,674 4,537,805 932,888 3,532,270 527,166 1,668,643 435,673 967,205 8,355 21,065 3,230,531 12,533,506 (121) (122) Number of returns Amount
Number of returns
(119)
All returns, total
33,980,524
Under 18
81,550
18 under 35
10,271,832
35 under 45
7,354,471
45 under 55
8,033,961
55 under 65
5,524,325
65 and over
2,714,385
Age [1]
Number of returns
(131)
All returns, total 4,828
421,128
Under 18
18 under 35
41,206
35 under 45
90,732
45 under 55
137,703
55 under 65
88,443
73
65 and over
58,215
Footnotes at end of table.
74
Table 1.5--All Returns: Sources of Income, Adjustments, and Tax Items, by Age--Continued
Statutory adjustments--continued Alimony paid Amount (144) 9,115,764 3,804,190 * 1,668 396,974 786,662 1,131,284 930,370 557,232 2,303,879 28 39 1,130 1,650 15,571 5,946,802 7,430 12,007 9,240 33,873 30,436 6,794,993 6,838 14,067 32,360 93,422 34,256 4,097,515 2,705 5,819 34,002 105,437 25,704 338,189 299,592 177,811 124,986 1,158,899 1,667 3,175 42,729 131,082 31,329 133,410 * 445 --* 1,007 * 2,792 --20,302,533 18,668 35,106 120,468 368,258 137,296 1,073,988 -120,609 1,316,256 3,342,563 3,015,838 1,320,497 86,583,732 2,978,687 37,772,907 14,252,044 12,047,657 8,513,038 11,019,399 (145) (146) (147) (148) (149) (150) (151) (152) (153) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (154) 590,487,763 8,153,927 230,943,488 107,007,259 91,059,998 67,178,303 86,144,789 Self-employed health insurance deduction Medical savings account deduction Certain business expenses of reservist, performing artist, etc. Other adjustments [2] Basic standard deduction
(All figures are estimates based on samples--money amounts are in thousands of dollars.)
Age [1]
Number of returns
(143)
All returns, total --
585,286
Under 18
18 under 35
16,514
35 under 45
102,415
45 under 55
185,887
55 under 65
166,967
65 and over
113,503
Additional standard deduction
Total itemized deductions
Exemptions
Taxable income
Alternative minimum tax
Income tax before credits
Age [1] Amount Number of returns (157) 49,123,555 41,981 7,640,198 11,934,090 13,217,023 9,504,981 6,785,281 195,401,837 29,434,252 252,919,890 34,662,769 340,806,837 62,029,137 198,795,825 111,227,094 95,380,928 295,652,384 73,623,168 238,361,950 143,883,827 75,306,556 247,493,852 572,514 201,063 651,961 1,211,857 32,748,098 21,558,862 21,839,484 15,827,975 13,481,125 1,229,237,288 275,256,944 891,911,609 106,667,402 (158) (159) (160) (161) (162) 5,579,145,443 7,217,762 777,150,920 1,184,578,085 1,528,206,529 1,206,794,825 875,197,321 Amount Number of exemptions Amount Number of returns Amount Number of returns (163) 3,966,540 13,805 249,261 1,022,154 1,305,296 810,704 565,320 Amount Number of returns (164) 21,564,586 17,052 959,910 4,214,007 6,284,999 5,123,541 4,965,077 (165) 106,688,255 1,209,647 32,744,688 21,569,532 21,845,220 15,833,785 13,485,382 Amount
Number of returns (156) 16,976,422 -22,921 29,913 59,883 294,416 16,569,289
(155)
(166) 1,082,855,370 1,211,428 123,619,784 232,199,023 315,332,249 246,099,857 164,393,030
All returns, total -20,120 26,872 55,086
11,261,327
Individual Returns 2006
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
277,989
65 and over
10,881,261
[1] Age for joint returns was based on the primary taxpayer's age.
[2] Other adjustments does not include the foreign housing adjustment.
* Estimate should be used with caution due to the small number of sample returns on which it is based.
NOTE: Detail may not add to totals because of rounding.
(All figures are estimates based on samples--money amounts are in thousands of dollars) Adjusted gross income Amount (4) 3,606,296,025 1,370,056 2,793,486 6,078,413 12,605,720 22,791,167 36,255,421 52,564,837 67,277,956 77,974,854 86,130,246 96,996,423 101,396,575 344,435,043 580,068,666 1,104,429,416 528,108,425 180,665,715 67,012,876 36,183,730 87,006,716 43,167,501 70,982,783 3,447,019,089 159,276,936 Business or profession net income less loss Amount (16) 6,314,045 * 15,656 * 24,702 94,906 117,436 158,660 242,308 261,178 247,056 242,156 276,394 253,651 392,282 700,345 756,206 1,139,375 832,136 401,144 27,497 28,350 32,028 21,122 49,458 5,637,835 676,210 349,227 359,289 381,913 395,534 408,544 427,282 447,270 415,534 1,236,364 1,630,082 2,309,730 807,752 147,743 36,039 15,523 25,238 6,375 4,353 8,310,432 2,101,491 146,463 204,037 298,041 359,589 10,411,923 (17) (18) 204,959,216 377,049 925,945 1,643,467 2,496,362 2,879,069 3,410,011 3,212,588 3,582,466 3,584,722 3,737,292 4,323,982 3,716,847 11,839,875 21,526,259 53,885,439 48,463,149 14,704,294 4,868,337 2,558,393 9,224,302 1,740,189 2,259,180 186,307,336 18,651,879 Number of returns Amount Sales of capital assets, net gain less loss Number of returns (19) 16,107,612 106,051 152,255 275,158 299,147 290,365 331,511 349,791 381,299 402,890 489,769 498,929 489,084 1,583,726 2,552,904 4,920,065 2,177,787 486,576 132,504 57,464 91,090 23,741 15,505 14,657,027 1,450,585 Amount (20) 692,366,058 94,813 232,999 202,682 518,119 440,179 522,116 924,589 958,304 948,754 1,577,416 1,319,068 1,380,567 6,376,140 13,689,573 50,204,747 84,589,099 65,159,348 40,076,865 28,303,498 88,313,516 66,122,497 240,411,167 685,156,713 7,209,345 9,091,338 2,798,418 542,686 140,719 60,766 94,798 24,276 15,703 30,460,751 3,664,296 25,484,506 23,450,039 13,126,510 7,112,471 4,720,925 13,187,148 8,861,130 27,629,247 151,944,607 7,639,441 1,252,847 840,610 265,600 82,211 39,013 65,420 18,929 13,365 3,946,554 275,987 9,509,204 12,039,853 7,373,323 3,730,768 2,476,436 6,523,053 3,692,543 7,517,198 60,124,310 2,556,271 5,686,497 2,223,436 479,821 128,990 56,379 87,951 23,319 15,321 17,118,269 1,597,810 1,306,797 1,403,196 1,351,446 4,183,563 6,166,596 1,909,592 1,919,727 2,213,791 6,786,104 11,307,969 89,668 104,166 93,589 328,186 541,039 581,698 619,620 641,415 1,860,407 3,039,371 585,860 609,341 629,805 1,939,111 3,112,698 1,609,929 1,554,254 1,508,600 5,222,127 9,505,286 26,677,872 28,893,432 16,157,826 8,525,136 5,260,351 14,728,599 9,277,897 28,547,708 159,632,534 5,220,043 Sales of property other than capital assets, net gain less loss Number of returns (21) 1,162,514 11,530 14,407 12,080 25,935 21,328 30,140 21,688 26,868 27,274 28,734 22,943 31,058 94,218 125,571 272,019 217,543 88,972 31,370 15,248 28,031 8,736 6,821 1,006,138 156,376 Amount (22) 4,612,509 -94,122 -33,912 -55,141 23,526 -62,541 16,755 10,023 73,986 -111,780 7,238 44,698 -14,139 158,806 169,889 745,859 540,396 357,432 51,370 77,917 425,275 326,099 1,954,876 4,902,085 -289,575 776,363 907,565 1,005,639 1,142,756 1,181,932 1,551,189 1,676,105 1,516,116 1,643,559 1,695,772 69,476 59,741 59,863 72,846 72,535 390,692 365,444 401,506 636,597 567,260 368,623 394,444 415,256 476,829 490,934 928,346 1,006,729 885,705 1,082,227 1,114,752 226,825 343,909 636,885 722,870 366,563 600,307 1,303,032 1,522,244 13,502 31,121 48,614 60,199 49,614 255,215 204,290 205,074 126,203 182,878 321,658 360,723 164,291 365,860 847,236 988,411 34,125,046 159,584,048 4,222,541 62,680,581 18,716,079 164,852,577 16,016,413 96,027 145,357 272,066 290,512 299,893 327,722 340,917 384,002 405,349 500,993 515,402 508,175 1,611,857 2,585,833 4,941,400 2,039,944 454,158 122,366 53,462 83,954 22,259 14,765 14,714,818 1,301,595 (5) (6) (7) (8) (9) (10) (11) Amount Amount Amount less deficit (2) 5,703,411,397 897,728 4,483,242 12,993,491 22,530,397 34,732,459 50,189,440 67,680,826 85,669,887 96,351,163 108,268,950 121,740,422 126,105,970 425,271,702 719,121,881 1,426,278,373 849,219,050 374,776,185 172,251,488 105,182,120 285,253,743 167,220,224 447,192,655 5,495,382,459 208,028,938 Alimony received Number of returns (15) 241,090 * 2,440 * 4,401 9,269 10,418 14,703 18,602 19,349 19,623 14,368 16,296 14,909 15,525 25,094 25,187 22,776 6,029 1,603 230 84 149 23 13 191,916 49,175 9,776,572 2,592,596 460,767 115,716 49,259 77,197 19,904 12,760 37,449,643 4,792,986 1,994,669 2,058,165 1,970,254 5,728,912 7,601,849 1,085,083 1,427,953 1,749,461 1,954,846 2,004,416 114,916 236,776 463,069 747,491 42,242,629 (3) Number of returns Number of returns Number of returns Number of returns Number of returns Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends Amount (12) 116,974,712 82,724 169,449 404,304 554,716 476,664 577,374 478,295 588,934 588,526 907,973 907,815 872,081 3,317,460 5,868,146 17,809,929 20,621,678 11,967,514 6,491,750 4,003,283 11,206,977 7,111,903 21,967,219 113,832,787 3,141,924 Taxable IRA distributions Number of returns (23) 4,829,457 25,413 78,148 158,196 174,497 190,854 175,599 172,476 183,630 167,354 195,608 198,927 195,385 577,861 813,178 1,105,227 326,825 57,436 14,275 6,111 8,939 2,147 1,369 4,275,286 554,171 Amount (24) 80,887,147 120,428 379,779 857,978 1,122,116 1,370,160 1,373,021 1,444,221 1,785,023 1,626,218 2,081,896 2,358,769 2,209,838 7,390,624 11,981,899 26,281,866 12,697,890 3,397,017 781,172 399,071 773,220 241,814 213,129 76,330,740 4,556,408
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income
Number of (1)
Size of adjusted gross income
returns
Basic Tables 2006
All returns, total
49,123,555
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
345,274 577,704 1,029,474 1,276,531
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
1,536,608 1,821,779 2,081,379 2,281,800 2,267,677
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
2,278,685 2,317,981 2,194,389 6,306,552 8,297,996
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total State income tax refunds Amount (14) 22,831,386 27,077 46,514 101,896 132,671 177,314 249,508 360,633 480,026 498,754 639,560 704,117 697,751 2,310,829 3,543,141 5,759,424 2,200,960 1,058,601 568,988 392,414 988,637 606,120 1,286,455 21,249,357 1,582,029
10,655,930 2,962,237 552,797 142,284 61,068 95,326 24,348 15,735 42,402,082 6,721,474
Size of adjusted gross income (13)
Number of returns
All returns, total
20,973,322
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
39,074 61,428 153,955 234,404
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
341,760 486,821 683,977 848,836 891,695
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
956,560 1,040,965 1,016,495 3,107,855 4,304,791
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
5,435,530 1,020,503 197,015 58,366 27,268 44,853 12,457 8,718 19,214,409 1,758,913
75
Footnotes at end of table
76
(All figures are estimates based on samples--money amounts are in thousands of dollars) Taxable pensions and annuities Amount (26) 251,431,238 292,624 923,505 3,219,192 4,482,255 5,418,199 5,495,001 6,047,493 6,931,408 7,404,755 8,132,122 9,010,754 8,745,181 28,400,073 46,360,835 77,007,775 26,064,824 3,965,391 1,168,723 592,063 974,059 364,907 430,101 237,746,228 13,685,011 Unemployment compensation Number of returns (39) 2,604,896 7,285 26,762 42,338 91,978 102,011 114,875 137,181 136,007 145,660 141,154 149,546 153,649 398,881 456,155 431,799 62,269 5,439 1,074 384 369 65 15 2,178,557 426,338 554,357 613,800 630,736 1,574,133 1,895,747 1,905,633 358,237 25,713 6,782 2,219 2,297 322 127 9,148,143 1,861,314 414,269 481,431 586,228 588,230 620,131 345,664 383,016 364,391 367,113 326,302 341,055 340,940 312,978 930,642 1,149,598 1,361,049 457,719 93,308 26,709 12,373 18,643 4,813 3,275 6,472,907 521,825 26,847 96,219 212,828 413,171 6,003 7,410 12,222 129,506 11,009,458 6,994,732 (40) (41) (42) 86,089,204 18,781 31,734 63,915 164,457 621,302 1,179,107 1,558,102 2,316,103 2,548,771 3,211,790 3,861,938 3,763,252 12,695,268 17,974,637 23,985,071 8,737,102 1,920,738 572,961 265,859 411,303 109,465 77,550 83,371,813 2,717,392 Amount Number of returns Amount Taxable social security benefits Foreign-earned income exclusion Number of returns (43) 74,275 1,458 1,757 1,958 2,383 2,197 2,301 2,069 2,160 2,033 2,298 1,870 2,071 5,784 7,186 16,550 13,296 3,750 1,198 576 959 246 174 58,372 15,903 Amount (44) 4,743,225 90,449 120,109 118,296 159,312 144,440 148,816 137,702 148,374 113,786 123,541 127,935 105,848 335,786 449,044 1,031,702 882,188 272,682 87,968 40,922 72,083 18,825 13,417 3,634,341 1,108,883 921,660 494,220 132,440 40,204 19,530 34,029 10,378 7,853 3,053,817 424,349 12,603,223 13,657,940 7,119,445 2,968,368 1,792,536 3,984,739 1,731,734 2,625,105 57,711,852 3,500,260 822,727 295,224 74,224 22,773 9,895 16,575 4,628 3,293 2,960,235 648,131 8,127,080 5,052,000 2,050,390 745,474 433,920 858,112 338,421 465,356 33,507,149 9,059,485 67,720 22,283 5,537 1,194 744 1,182 261 189 250,220 34,220 465,537 223,834 55,506 8,213 12,855 20,647 3,793 6,461 1,453,961 129,651 1,526,050 1,098,851 339,871 102,225 46,703 75,659 21,007 14,352 4,946,415 652,897 107,927 91,752 94,456 326,478 511,554 941,865 729,374 842,799 2,775,507 4,869,110 148,095 129,171 123,690 438,961 621,763 1,567,542 1,263,681 1,289,808 4,451,984 6,136,424 13,530 10,514 9,993 32,678 43,647 92,274 69,208 40,114 79,431 218,553 140,249 132,462 136,507 445,549 719,243 664,269 787,616 1,065,935 3,822,096 8,403,313 38,564,725 82,384,610 70,296,645 38,363,007 24,529,825 63,623,958 33,047,250 66,395,136 433,273,321 -1,804,311 Other income less loss Number of returns (45) 3,407,006 17,332 27,635 52,650 61,871 78,782 89,631 104,479 115,410 103,288 114,104 128,086 123,399 375,635 560,324 890,204 364,873 103,803 34,588 16,447 28,531 8,947 6,986 3,016,294 390,712 Amount (46) 24,886,393 6,572 79,430 177,981 200,837 209,575 189,011 241,628 279,400 399,017 369,988 372,037 374,335 929,172 1,350,294 5,216,315 5,090,973 2,497,291 1,082,586 865,769 2,123,642 1,079,074 1,751,467 23,081,980 1,804,413 90,616 88,362 86,298 100,159 75,967 572,649 613,476 571,407 737,673 583,937 106,424 116,067 132,827 125,819 138,808 1,251,047 1,127,909 1,403,525 1,190,893 1,519,025 9,921 8,861 10,695 10,530 9,616 51,500 39,175 40,391 45,455 49,688 86,512 101,089 105,205 127,751 143,612 -94,083 96,243 315,546 658,489 342,335 32,732 41,577 88,114 81,862 194,047 228,363 545,859 522,954 45,318 55,412 76,377 100,297 636,868 676,612 713,403 1,267,161 * 2,594 * 4,124 9,003 9,621 * 3,675 * 17,943 12,286 27,070 34,234 53,818 74,469 73,897 -634,840 -649,370 -327,925 -185,769 * 1,283 4,358 3,745 6,934 5,898 7,727 5,878 11,262 6,279 14,798 7,079 11,548 34,893 45,783 125,001 76,425 22,496 8,124 4,061 7,872 2,784 2,478 393,121 23,584 3,478,166 61,212,112 3,608,366 42,566,634 284,440 1,583,611 5,599,312 431,469,010 416,705 (27) (28) (29) (30) (31) (32) (33) (34) (35) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (36) 15,704,443 * -985 19,786 22,336 35,899 31,854 33,019 33,870 37,429 31,805 104,717 67,972 66,916 360,827 510,522 1,933,817 2,635,551 1,619,147 1,054,587 694,272 1,867,703 1,370,028 3,173,371 15,581,888 122,554 Total statutory adjustments Number of returns (47) 16,945,059 131,699 203,572 298,284 391,856 398,062 470,699 534,053 581,299 633,412 729,537 720,903 706,258 2,068,282 2,971,639 4,409,598 1,217,325 283,357 78,005 35,279 56,638 15,028 10,273 14,558,160 2,386,900 Amount (48) 83,337,280 388,213 475,071 706,561 1,031,789 1,071,541 1,291,751 1,395,546 1,435,959 1,536,738 1,945,699 2,009,395 1,675,950 5,628,541 8,973,998 22,544,428 17,144,573 6,604,202 2,155,298 1,136,262 2,155,608 795,928 1,234,229 76,243,939 7,093,340 Rent and royalty net income Rent and royalty net loss Farm rental net income less loss Partnership and S Corporation net income less loss Estate and trust net income less loss
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income (25) 63,051 162,259 384,963 422,128 425,954 405,892 412,534 448,916 431,956
Number of returns
All returns, total
11,029,556
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
459,954 467,377 441,321 1,393,910 1,911,294
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total Farm net income less loss Amount (38) -7,515,850 -78,660 -54,063 -184,022 -88,606 -297,826 -107,689 -89,260 -317,760 -159,866 -221,830 -109,679 -189,041 -992,783 -846,102 -1,575,525 -918,875 -435,726 -175,104 -110,309 -208,483 -147,831 -206,811 -6,476,961 -1,038,889
Individual Returns 2006
2,437,692 604,039 96,305 24,695 10,965 16,858 4,471 3,023 9,692,606 1,336,951
Size of adjusted gross income (37) 8,536 8,594 18,287 21,285 23,521 18,534 26,691 29,960 21,756
Number of returns
All returns, total
756,895
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
28,610 29,773 26,636 96,640 123,501
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
180,864 64,492 16,681 4,712 2,361 3,622 1,047 791 644,171 112,724
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total itemized deductions Itemized deductions limitation Number of returns (50) 6,789,435 35,152,244 ------------*7 23,483 3,643,363 3,273,871 2,611,974 7,919,043 8,010,216 7,763,421 2,055,845 408,830 63,807 31,182 15,454 ** 4,545 ** 41,984,625 28,719,647 819,457 83,677 6,326 746 206 123 ** 10 ** 7,264,140 2,944,652 15,563,471 3,728,300 709,305 131,461 58,067 39,488 ** 9,589 ** 76,141,023 34,221,899 819,457 83,677 6,326 746 206 123 *8 *3 7,264,141 2,943,170 7,800,050 1,672,455 300,475 67,653 26,885 24,033 * 3,403 * 2,590 34,157,348 5,502,252 587,677 566,417 467,017 1,205,366 1,147,674 5,732,346 5,502,434 4,623,468 13,988,154 15,387,801 587,677 566,417 467,017 1,205,366 1,147,674 2,088,983 2,228,563 2,011,493 6,069,111 7,377,585 1,270,065 8,188,936 5,858,010 2,948,618 1,841,180 4,922,580 2,841,111 7,258,254 35,097,675 54,569 Total Itemized deductions--continued Taxes paid deduction Total Total Income tax Amount (61) 265,306,032 269,667 314,328 575,271 860,560 1,358,901 1,845,996 2,535,874 3,240,458 3,746,087 4,355,360 4,808,637 5,046,648 17,517,205 29,850,662 762,030 1,064,169 1,318,487 1,580,095 1,566,801 1,660,365 1,689,511 1,629,041 4,881,337 6,586,019 93,675 186,039 326,542 548,423 35,666,458 (62) (63) 246,381,591 177,369 175,255 282,710 535,277 807,300 1,360,042 1,955,115 2,687,651 3,115,904 3,690,536 4,093,871 4,351,034 15,612,337 27,016,616 Number of returns Amount Amount (59) 432,774,100 1,091,230 1,530,443 2,461,698 3,391,832 277,155 481,024 875,214 1,102,151 1,399,056 1,646,179 1,924,399 2,120,969 2,123,804 2,188,871 2,233,681 2,103,113 6,089,601 8,081,139 4,168,222 5,227,676 6,627,559 7,773,768 8,401,705 9,409,964 10,197,319 10,538,408 34,248,675 55,727,801 46,915,714 (60) Number of returns State and local taxes General sales tax Number of returns (64) 11,249,256 183,480 294,985 548,671 553,728 637,026 582,009 605,912 540,874 557,003 528,506 544,170 474,072 1,208,264 1,495,120 Amount (65) 18,924,441 92,298 139,073 292,561 325,282 551,601 485,954 580,759 552,807 630,184 664,824 714,766 695,615 1,904,868 2,834,047 819,457 83,677 6,326 746 206 123 ** 10 ** 7,264,140 2,944,652 587,677 566,417 467,017 1,205,366 1,147,674 683,735 720,353 693,418 685,398 608,110 4,248,006 4,604,854 4,027,111 3,836,680 3,762,008 683,735 720,353 693,418 685,398 608,110 5,403,435 6,088,208 5,717,585 5,764,769 5,697,762 683,735 720,353 693,418 685,398 608,110 1,155,428 1,483,354 1,690,474 1,928,090 1,935,754 217,097 357,885 661,891 696,209 1,367,937 2,790,638 4,911,481 5,354,006 217,097 357,885 661,891 696,209 1,411,489 2,999,486 5,535,883 6,270,423 215,616 357,885 661,891 696,209 43,553 208,848 624,402 916,417 10,208,792 70,704,272 10,208,792 110,362,922 10,207,311 39,659,600 ------------* 137 102,855 2,833,121 2,962,137 552,466 142,277 61,063 95,309 24,341 15,729 6,775,400 14,035 (51) (52) (53) (54) (55) (56) (57) Amount Number of returns Amount Number of returns Amount Number of returns Amount Medical and dental expenses deduction Medical and dental expenses Medical and dental expenses limitation
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income (49)
Total in taxable income
Basic Tables 2006
All returns, total
1,229,237,288
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
5,468,507 8,464,825 15,044,424 19,170,566
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
21,996,060 26,575,063 30,574,934 34,643,012 34,761,045
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
37,078,153 39,161,210 38,656,850 119,015,544 174,668,813
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
299,344,593 141,755,680 49,648,717 20,077,961 11,936,247 30,051,854 17,653,722 53,489,509 1,073,985,426 155,251,862
Size of adjusted gross income
Number of returns (58)
All returns, total
48,660,923
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
322,484 551,708 980,400 1,232,624
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
1,498,621 1,766,088 2,037,765 2,240,619 2,231,199
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
2,263,424 2,304,102 2,183,590 6,274,174 8,281,651
77
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
10,642,872 2,960,017 551,385 142,087 60,950 95,169 24,299 15,696 42,160,935 6,499,988
111,054,876 64,770,705 27,064,821 11,483,609 7,079,805 17,761,193 10,024,660 22,738,131 405,613,605 27,160,495
10,456,114 2,930,430 546,749 141,133 60,579 94,603 24,140 15,610 40,949,825 5,965,889
63,981,487 42,928,132 20,545,408 9,284,435 5,928,443 15,516,414 9,135,130 21,660,929 256,489,189 8,816,843
8,641,327 2,398,821 456,786 115,907 50,331 77,356 20,194 13,202 32,271,740 3,394,718
59,323,020 40,731,516 19,929,203 9,049,077 5,811,672 15,244,110 8,997,205 21,434,774 239,812,765 6,568,827
1,814,787 531,609 89,964 25,226 10,248 17,247 3,946 2,408 8,678,085 2,571,170
4,658,467 2,196,616 616,205 235,358 116,771 272,304 137,925 226,154 16,676,425 2,248,016
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total Itemized deductions--continued Taxes paid deduction--continued Real estate taxes Total Amount (71) 2,125,666 10,348 10,262 40,395 18,160 29,567 37,383 37,780 64,250 41,946 44,227 52,370 85,181 152,296 269,949 552,741 267,665 117,567 46,024 27,081 76,618 32,690 111,167 1,916,439 209,227 Total Itemized deductions--continued Interest paid deduction--continued Home mortgage interest--cont. Deductible points Number of returns (80) 2,970,713 11,420 15,325 32,543 41,063 57,384 58,357 87,752 101,156 119,844 120,566 117,915 101,022 370,119 534,550 860,630 267,614 48,791 11,373 4,611 6,450 1,524 705 2,598,417 372,297 1,315,066 700,186 281,635 90,360 39,808 73,678 19,846 13,493 5,036,227 1,057,535 140,457 128,203 81,317 310,545 442,856 771,880 196,122 31,467 10,169 3,897 6,198 2,024 858 1,980,364 611,497 64,198 68,374 83,955 69,468 102,233 1,621 14,490 35,065 26,466 8,499 12,691 16,044 17,573 24,302 20,721 26,205 26,330 29,772 39,225 29,559 34,907 116,437 200,947 482,605 424,056 154,832 53,494 26,836 48,140 15,376 11,337 1,671,337 148,551 2,591,861 1,819,888 (81) (82) (83) 24,731,289 12,333 11,683 13,570 35,924 44,910 40,567 51,412 39,855 47,437 111,887 58,237 62,118 160,337 453,580 1,521,801 3,055,414 2,555,432 1,488,637 1,109,870 3,284,005 2,324,640 8,247,642 23,408,644 1,322,645 Amount Number of returns Amount Paid to individuals Number of returns (78) 1,147,219 5,460 16,509 13,740 21,642 31,552 27,759 27,555 50,487 49,472 53,585 47,638 47,218 143,282 202,679 289,522 86,687 21,039 5,232 2,000 2,993 742 428 1,005,421 141,798 284,733 167,499 294,196 664,974 878,344 115,833 130,685 141,734 274,527 273,794 36,425 87,460 92,763 116,724 6,093,762 (79) Amount Investment interest expense deduction Number of returns (84) 41,437,749 194,472 346,040 679,633 865,118 1,080,523 1,330,287 1,573,072 1,741,856 1,772,665 1,834,631 1,895,962 1,824,105 5,380,233 7,396,397 9,866,262 2,801,342 528,987 136,509 59,100 91,298 23,818 15,439 36,739,557 4,698,192 Total Amount (85) 186,646,644 149,244 483,820 1,032,409 1,575,449 2,050,530 2,629,782 3,151,067 3,674,894 3,887,177 4,059,750 4,459,457 4,513,972 13,927,253 21,320,365 38,470,089 22,027,498 10,255,970 4,783,947 3,221,152 8,750,700 6,041,122 26,180,998 174,764,083 11,882,561 Contributions deduction Cash contributions Number of returns (86) 38,942,196 167,572 322,013 628,767 804,227 998,576 1,238,051 1,443,217 1,619,262 1,631,323 1,695,519 1,770,140 1,693,949 5,023,355 6,917,262 9,408,181 2,734,157 522,824 135,338 58,735 90,691 23,668 15,368 34,587,699 4,354,497 Amount (87) 144,223,015 199,448 548,664 974,217 1,324,744 1,688,286 2,151,604 2,567,876 3,054,496 3,242,079 3,317,094 3,632,318 3,819,075 11,529,662 17,821,439 35,052,895 18,067,112 7,962,112 3,447,502 2,256,211 5,432,654 3,322,475 12,811,054 130,519,348 13,703,667 Other than cash contributions Number of returns (88) 24,748,231 86,021 148,513 270,499 417,184 563,205 716,172 876,966 988,064 1,014,103 1,055,215 1,116,519 1,075,206 3,172,157 4,602,131 6,471,720 1,728,413 286,655 70,064 28,303 42,544 11,024 7,554 22,316,940 2,431,291 Amount (89) 52,631,443 46,002 68,672 185,246 247,258 341,423 434,262 579,328 580,018 692,652 698,111 778,405 694,048 2,347,223 3,336,757 7,148,566 4,474,782 2,526,879 1,599,850 1,447,466 3,527,808 3,019,095 17,857,590 50,541,676 2,089,766 9,345,914 2,510,674 454,208 114,986 49,808 77,912 20,458 13,458 34,916,786 5,368,140 122,673,860 50,965,901 13,863,175 4,605,699 2,484,023 5,461,242 2,890,309 8,586,161 399,610,599 70,864,246 9,250,722 2,425,757 417,098 101,144 41,442 61,740 14,555 8,198 34,499,179 5,332,201 1,813,029 1,893,944 1,835,946 5,399,720 7,262,693 16,044,837 16,994,245 17,060,606 51,856,847 76,362,548 1,800,161 1,880,746 1,825,144 5,368,506 7,215,595 15,792,494 16,807,805 16,917,171 51,385,966 75,466,112 120,380,179 47,714,366 11,276,276 3,106,893 1,370,257 2,171,039 563,645 337,660 374,221,591 68,930,103 1,061,899 1,274,738 1,569,953 1,759,767 1,759,440 9,100,590 10,418,436 12,794,118 15,231,363 14,724,513 1,053,810 1,263,054 1,559,783 1,753,837 1,749,360 8,991,482 10,309,494 12,658,751 15,122,041 14,574,844 230,562 371,880 665,639 798,300 2,542,276 3,152,592 5,664,579 6,996,923 228,045 365,438 656,883 790,362 2,528,322 3,126,419 5,615,944 6,934,533 40,284,927 470,474,844 39,831,381 443,151,695 39,441,507 227,353 356,164 650,536 778,228 1,035,978 1,248,965 1,545,261 1,737,400 1,721,042 1,779,245 1,860,603 1,803,927 5,315,086 7,158,034 9,188,506 2,402,542 410,181 99,500 40,571 60,303 14,147 7,936 34,169,301 5,272,206 (72) (73) (74) (75) (76) Number of returns Amount Number of returns Amount Number of returns Amount (77) 437,057,932 2,491,897 3,038,959 5,523,181 6,817,809 8,875,649 10,178,810 12,517,017 14,847,513 14,301,051 15,507,761 16,640,307 16,622,975 50,720,992 74,587,768 119,065,113 47,014,180 10,994,641 3,016,533 1,330,449 2,097,361 543,799 324,168 369,185,364 67,872,568 Paid to financial institutions Number of returns (66) 42,584,481 245,754 426,202 762,491 923,810 1,130,445 1,346,401 1,632,333 1,800,620 1,797,302 1,878,804 1,960,188 1,886,442 5,609,716 7,590,363 9,964,895 2,785,290 522,929 134,510 57,813 90,114 23,095 14,962 37,168,506 5,415,974 44,131,009 20,863,441 6,220,681 2,104,645 1,099,851 2,122,761 839,226 948,067 139,411,250 16,973,100 5,027,429 1,288,028 225,168 54,105 22,978 34,369 8,990 5,933 18,850,117 2,620,275 2,389,639 711,468 181,165 48,505 24,431 45,400 17,613 17,969 7,796,727 1,161,325 768,909 247,914 56,392 13,660 6,158 10,093 2,559 1,770 2,777,151 294,256 4,662,685 4,971,652 5,021,057 15,465,617 24,026,524 985,956 1,014,387 1,007,897 2,875,959 3,854,748 347,692 364,659 385,521 1,113,557 1,580,666 121,190 129,565 142,074 376,357 557,566 2,604,984 3,087,654 3,751,871 4,165,909 4,290,350 589,402 696,267 873,163 927,449 938,122 174,770 256,642 302,034 303,151 323,322 64,612 95,053 104,258 131,171 113,345 749,048 1,151,873 1,760,448 2,344,997 93,531 178,218 324,198 444,094 62,168 53,981 85,585 168,115 13,723 16,525 36,966 61,546 156,384,349 21,470,392 8,958,052 3,071,407 (67) (68) (69) (70) Amount Number of returns Amount Number of returns Personal property taxes Other taxes Total Home mortgage interest Interest paid deduction
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
78
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
Individual Returns 2006
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total Itemized deductions--continued Contributions deduction--cont. Limited miscellaneous deductions Casualty or theft loss deduction Total after limitation Number of returns (94) 12,313,749 120,415 168,888 209,609 317,696 412,245 534,528 612,523 704,863 664,173 630,764 684,621 603,852 1,709,691 2,028,476 2,317,906 475,726 73,772 18,032 7,876 12,735 3,268 2,090 10,384,497 1,929,252 Total Itemized deductions--continued Limited miscellaneous deductions--continued Gambling loss deduction Number of returns (104) 1,060,601 3,899 11,217 14,875 27,900 28,430 28,198 34,958 32,283 40,983 4,293,211 4,662,156 4,335,198 12,716,986 15,964,773 47,497 53,216 48,974 127,798 183,178 Amount (105) 19,100,144 9,327 49,005 104,941 155,615 163,274 123,921 223,002 180,967 193,859 232,098 334,014 416,417 972,696 1,463,914 Other limited miscellaneous deductions Number of returns (100) 9,484,460 70,670 90,446 143,146 189,414 263,088 305,560 316,222 381,506 355,542 358,488 418,166 364,528 1,103,467 1,477,711 404,703 595,287 523,304 1,546,768 2,329,456 1,331,020 1,408,922 1,324,941 3,793,202 4,993,130 360,274 437,652 456,840 418,720 466,412 783,928 990,714 1,173,473 1,294,870 1,315,542 2,304,867 3,367,833 3,921,260 4,336,724 4,362,189 118,705 97,425 197,014 215,384 132,869 244,797 426,898 633,153 296,333 325,523 667,195 1,526,421 29,472,844 28,432,625 110,832,221 (101) (102) (103) Amount Number of returns Amount Miscellaneous deductions subject to 2% AGI limitation Miscellaneous deductions other than gambling Number of returns (106) 564,501 3,959 * 3,248 7,352 14,462 15,322 27,874 33,236 25,188 23,530 23,597 29,129 22,649 47,178 60,620 Amount (107) 2,525,301 10,822 * 15,565 17,136 62,377 82,753 90,878 153,473 84,336 52,657 60,625 76,437 46,225 119,871 161,572 Total unlimited miscellaneous deduction Number of returns (108) 1,605,514 8,496 14,465 22,227 43,369 42,744 53,809 69,157 55,814 64,512 68,819 81,208 69,742 173,733 240,478 Amount (109) 21,987,875 20,245 64,570 122,077 225,748 246,027 214,799 379,879 265,303 246,516 292,723 410,451 462,642 1,117,546 1,643,483 Number of returns (110) 119,049,156 536,390 904,622 1,554,985 2,138,602 2,786,031 3,367,132 3,950,447 4,361,612 4,471,961 4,739,782 5,131,972 4,987,379 15,530,311 22,626,549 Amount (111) 378,007,545 1,765,574 2,976,169 5,118,957 7,046,566 9,182,278 11,096,551 13,020,928 14,381,340 14,742,475 15,628,414 16,921,338 16,443,049 51,209,886 74,616,798 Exemptions 15,312,606 5,138,639 1,653,898 762,761 492,914 1,367,245 760,764 1,679,362 65,987,373 10,678,868 3,647,370 629,755 71,594 13,348 4,862 6,853 1,456 684 14,264,041 1,721,202 17,837,072 4,403,154 734,369 186,361 69,730 188,789 106,258 92,918 66,097,233 9,503,596 3,485,030 3,719,360 3,398,281 9,581,461 11,060,035 802,647 860,356 811,554 2,377,186 3,125,275 3,700,993 3,860,382 3,620,564 10,605,289 12,850,839 986,630 1,040,714 975,489 2,787,149 3,666,766 4,646,274 1,185,210 212,941 51,699 22,667 35,231 8,961 5,815 18,313,889 2,496,285 2,048,765 2,980,683 3,400,865 3,664,552 3,625,656 379,057 552,450 680,060 771,606 796,096 1,829,720 2,786,879 3,307,364 3,742,310 3,717,918 591,098 730,698 852,340 954,189 957,938 114,873 143,301 157,055 175,694 177,859 187,515 206,487 191,330 564,928 784,478 1,339,811 745,442 283,614 110,023 66,307 143,435 61,810 77,561 5,160,225 598,323 289,522 292,989 586,533 1,364,323 31,147 55,222 107,717 258,950 154,508 185,411 400,824 1,219,178 99,521 186,062 333,542 479,241 23,120 42,688 69,357 91,858 76,666,241 15,985,244 75,600,830 20,810,174 5,758,548 (95) (96) (97) (98) (99) Amount Number of returns Amount Number of returns Amount Unreimbursed employee business expense Tax preparation fees Carryover from prior years Number of returns (90) 511,699 33,185 32,612 39,205 38,092 29,995 21,084 27,011 22,048 19,170 23,972 20,581 11,964 47,151 40,142 58,921 28,985 8,299 3,000 1,551 2,784 1,038 907 319,175 192,523 1,958,394 3,177,531 2,662,903 1,390,888 671,222 2,680,742 1,530,761 7,404,833 23,112,109 2,010,323 29,150 11,303 2,153 633 214 342 85 71 144,797 61,490 971,613 640,133 200,274 114,849 33,016 51,003 12,001 37,363 1,936,553 3,199,002 278,285 196,490 67,276 678,585 885,477 6,518 10,717 12,532 28,117 20,802 142,487 106,508 70,967 364,726 567,848 208,116 104,753 92,005 162,083 66,571 15,180 11,360 15,517 11,841 10,391 133,920 498,833 194,335 196,453 113,469 90,512 195,161 359,696 260,147 * 981 * 4,245 7,524 * 6,613 * 8,053 * 149,773 265,647 * 262,285 25,122,432 206,287 5,135,555 (91) (92) (93) Amount Number of returns Amount
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
Basic Tables 2006
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
79
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
2,373,493 853,748 226,414 71,468 33,746 57,850 17,259 12,529 8,411,197 1,073,263
4,936,454 4,092,839 2,344,873 1,261,447 877,104 2,484,101 1,468,538 3,839,541 27,258,142 2,214,702
6,367,690 1,661,811 327,360 89,069 40,681 66,544 18,833 13,179 25,010,393 3,422,232
24,113,338 9,241,436 3,362,855 1,557,831 1,013,141 2,816,325 1,636,606 4,010,020 98,515,600 12,316,622
270,323 81,296 15,395 4,617 1,718 2,769 697 380 939,409 121,192
3,701,219 4,049,433 1,876,741 1,116,974 377,611 1,383,339 654,055 1,317,722 17,108,338 1,991,805
92,328 60,794 28,898 12,809 7,118 14,675 5,579 4,957 479,618 84,883
457,503 249,354 167,954 78,829 52,969 173,051 107,612 203,301 1,996,388 528,913
357,734 140,415 44,098 17,149 8,791 17,289 6,195 5,269 1,400,053 205,461
4,368,194 4,345,893 2,059,760 1,211,907 435,334 1,567,597 762,613 1,524,568 19,186,263 2,801,612
30,711,867 8,641,751 1,639,082 412,607 174,514 267,836 69,226 44,497 99,470,602 19,578,553
101,073,076 19,983,557 1,759,659 444,551 187,876 286,633 74,207 47,663 313,506,269 64,501,277
Footnotes at end of table
80
(All figures are estimates based on samples--money amounts are in thousands of dollars) Taxable income Alternative minimum tax Number of returns (114) 3,808,616 * 256 * 676 * 200 * 917 * 675 849 871 2,596 2,017 4,496 7,523 11,189 60,232 122,603 1,067,027 2,164,122 269,527 40,938 16,710 24,043 6,518 4,632 3,801,731 6,885 2,081,752 10,739,228 3,114,602 891,670 521,958 1,171,060 620,995 1,447,268 20,888,745 5,415 10,640,543 2,959,252 552,290 142,148 61,016 95,242 24,327 15,728 42,402,082 2,855,530 187,978,327 169,512,297 89,926,713 42,548,730 26,066,601 70,962,520 39,579,867 92,803,873 867,440,823 4,013,606 5,227,334 1,261,957 324,800 92,435 41,472 67,490 18,461 12,842 18,636,983 2,855,530 5,829,709 1,558,035 1,217,237 690,847 505,846 1,566,113 949,091 2,864,953 30,165,238 4,013,606 10,610,868 2,957,262 551,845 142,022 60,953 95,144 24,303 15,712 42,402,082 -6,569 8,727 14,876 69,844 171,329 2,209,137 2,263,793 2,167,779 6,245,151 8,261,449 7,457,703 9,112,088 10,060,340 37,349,422 70,902,509 1,010,150 1,012,609 949,404 3,143,810 4,571,177 1,088,900 1,277,056 1,346,477 4,919,406 7,696,169 1,921,550 2,020,537 1,992,471 5,963,536 8,147,439 6,368,803 7,835,032 8,713,863 32,430,015 63,206,340 182,148,619 167,954,262 88,709,475 41,857,882 25,560,756 69,396,407 38,630,776 89,938,920 837,275,584 -* 712 11,669 4,559 7,275 5,205 1,048,546 1,473,167 1,850,830 2,121,003 2,166,163 863,532 1,879,414 3,188,200 4,734,064 6,129,284 416,150 538,299 748,620 900,778 914,995 145,456 313,311 529,198 745,618 883,128 825,885 1,125,404 1,494,657 1,771,891 1,848,987 718,076 1,566,103 2,659,002 3,988,446 5,246,156 * 1,677 * 151 * 697 * 2,336 6,688 43,033 305,342 604,982 2,478 9,663 69,036 317,768 * 1,423 22,089 57,941 158,279 * 630 2,310 8,477 40,875 6,158 26,257 275,037 524,163 1,848 7,353 60,558 276,892 20,894,160 45,257,612 871,454,428 21,492,514 34,178,844 42,402,082 837,275,584 42,402,082 6,158 26,257 275,037 524,163 825,885 1,125,404 1,494,657 1,771,891 1,848,987 1,921,550 2,020,537 1,992,471 5,963,536 8,147,439 10,610,868 2,957,262 551,845 142,022 60,953 95,144 24,303 15,712 42,402,082 -(115) (116) (117) (118) (119) (120) (121) (122) Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (123) 837,277,177 1,848 7,353 60,558 276,892 718,076 1,566,103 2,659,002 3,988,446 5,246,156 6,368,803 7,835,032 8,713,863 32,430,027 63,206,340 182,148,619 167,954,262 88,709,475 41,857,925 25,560,756 69,396,445 38,630,776 89,940,420 837,277,177 -Income tax before credits Total tax credits Income tax after credits Total income tax
Table 2.1--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income Amount (113) 4,144,450,317 * 7,054 89,424 716,447 3,157,252 7,922,139 16,078,166 26,433,974 38,215,315 47,994,153 56,420,341 66,266,161 71,339,666 256,033,014 470,883,453 1,027,181,846 688,306,234 323,668,181 151,865,480 93,158,405 255,247,064 149,653,069 393,813,479 4,109,723,394 34,726,923
Number of returns
(112)
All returns, total
45,237,593
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
* 5,903 42,179 304,155 601,293
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
1,048,299 1,474,985 1,851,178 2,121,000 2,165,727
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
2,208,355 2,263,406 2,167,760 6,241,642 8,260,318
Individual Returns 2006
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
10,634,684 2,956,964 551,709 142,041 60,905 95,094 24,287 15,710 42,384,843 2,852,751
* Estimate should be used with caution due to the small number of sample returns on which it is based. ** Data combined to avoid disclosure of information for specific taxpayers. NOTE: Detail may not add to totals because of rounding.
(Coefficient of variation for number of returns and amount (percent)) Adjusted gross income Amount (4) 0.27 12.92 7.47 5.22 3.69 3.04 2.60 2.33 2.21 2.16 2.16 2.13 2.18 1.23 0.99 0.73 0.90 1.35 1.79 1.46 0.86 0.87 0.01 0.28 1.52 Alimony received Number of returns (15) 5.13 50.11 37.84 26.04 24.68 20.78 18.55 18.95 18.32 21.20 20.22 21.67 19.89 15.94 16.99 16.01 21.44 26.68 36.44 28.30 16.48 19.00 -5.75 11.38 1.58 2.48 3.33 3.73 5.75 1.56 1.23 -0.70 3.52 18.50 25.35 39.93 43.17 55.04 31.30 73.10 -7.57 14.93 26.15 27.60 24.30 18.12 20.76 24.60 22.87 23.79 22.29 25.86 4.34 4.30 4.24 4.15 4.14 4.02 3.97 4.13 2.34 1.90 1.37 1.50 1.98 2.35 1.96 3.52 1.03 0.08 0.60 1.66 52.15 40.04 28.78 28.69 6.46 5.64 4.62 4.29 6.94 0.52 1.89 27.77 15.08 13.71 10.00 9.00 8.85 9.80 9.15 9.55 8.99 10.21 10.04 5.76 4.34 2.63 2.39 3.32 4.19 4.83 33.63 3.16 2.31 2.05 3.98 (16) (17) (18) Amount Number of returns Amount Business or profession net income less loss Sales of capital assets, net gain less loss Number of returns (19) 0.54 7.82 6.73 5.07 4.90 4.94 4.73 4.65 4.47 4.38 4.00 3.93 4.00 2.21 1.72 1.05 0.87 1.06 1.24 0.93 1.06 0.55 0.02 0.56 2.14 Amount (20) 0.37 78.56 34.24 30.94 26.18 23.84 18.63 15.69 13.47 13.73 11.11 11.48 12.51 5.65 4.17 2.33 1.84 1.83 1.99 1.61 0.76 0.60 -0.37 5.70 0.73 0.75 1.00 1.20 0.89 1.02 0.54 0.02 0.37 1.42 2.43 2.14 2.14 2.34 2.02 0.98 0.64 0.02 0.69 3.42 2.12 1.48 1.48 1.60 1.18 0.63 0.61 0.03 1.07 4.99 4.28 3.04 2.69 2.61 2.64 1.25 0.60 0.08 1.20 8.18 0.98 0.87 1.07 1.26 0.94 0.53 0.55 0.02 0.53 2.12 2.51 2.43 2.48 1.37 1.07 8.08 7.69 7.52 4.53 3.65 9.41 8.76 9.16 4.90 3.82 18.88 17.28 21.78 10.63 7.76 3.71 3.63 3.60 2.03 1.57 8.58 8.22 8.42 5.04 4.17 2.62 2.16 2.52 2.82 2.46 1.31 1.08 -0.72 4.10 Sales of property other than capital assets, net gain less loss Number of returns (21) 1.93 21.00 20.97 22.83 15.34 18.03 15.00 17.72 14.87 15.25 15.32 16.54 14.45 8.68 7.45 4.27 2.98 2.59 2.57 2.04 2.50 0.89 -2.03 6.04 Amount (22) 7.95 60.20 62.50 65.48 181.01 106.98 267.61 182.80 80.99 67.67 571.90 135.89 385.55 56.63 68.05 28.10 28.16 29.21 78.50 29.98 9.28 4.96 -6.77 53.97 3.19 3.00 2.86 2.69 2.65 7.62 7.73 7.60 7.84 8.18 10.65 11.14 11.16 10.23 10.21 26.40 20.46 27.73 23.63 25.19 4.57 4.45 4.38 4.08 4.06 8.25 8.42 8.32 9.66 8.90 5.64 4.67 3.52 3.32 12.75 10.44 7.16 6.96 21.78 15.29 12.46 11.27 34.94 32.35 24.91 21.50 7.64 6.42 4.87 4.61 11.55 12.30 8.41 8.15 8.68 7.23 5.28 5.11 5.04 4.86 4.84 4.53 4.46 4.01 3.94 4.00 2.22 1.73 1.06 0.92 1.11 1.30 0.97 0.54 0.57 0.02 0.57 2.34 Taxable IRA distributions Number of returns (23) 1.19 17.26 10.45 7.24 6.96 6.56 6.85 6.82 6.69 6.92 6.44 6.20 6.35 3.69 3.15 2.40 2.67 3.47 4.01 3.29 1.96 1.86 0.18 1.25 3.78 Amount (24) 1.78 24.12 13.27 10.55 9.63 9.29 9.29 10.33 9.13 10.64 9.24 8.79 9.29 5.65 4.81 3.69 4.67 7.11 9.84 8.48 6.31 9.18 0.34 1.86 5.77 0.35 0.67 1.05 1.20 0.51 0.71 0.55 (5) (6) (7) (8) (9) (10) (11) Amount Amount Amount less deficit (2) 0.18 5.30 3.70 2.76 2.51 2.32 2.15 2.02 1.93 1.92 1.90 1.88 1.94 1.09 0.88 0.63 0.67 0.88 1.13 0.89 1.15 0.45 0.01 0.19 1.25 0.70 0.81 1.14 1.37 1.03 1.24 0.61 0.02 0.32 1.27 2.05 2.01 2.06 1.15 0.94 2.78 2.45 2.22 2.10 2.05 7.81 5.65 4.03 3.30 0.30 (3) Number of returns Number of returns Number of returns Number of returns Number of returns Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends Amount (12) 0.84 14.89 14.37 9.61 10.03 9.44 10.47 9.46 10.26 9.98 10.22 9.57 9.82 6.20 5.08 3.21 2.59 3.01 3.37 2.93 1.59 1.32 -0.85 5.12
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income
Number of (1) 0.26 4.58 3.63 2.75 2.50 2.31 2.14 2.02 1.93 1.92 1.90 1.88 1.94 1.09 0.88 0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 1.05 State income tax refunds Amount (14) 0.70 19.17 21.44 10.77 9.06 7.41 6.06 5.51 6.53 4.62 4.96 4.51 4.15 2.38 2.04
Size of adjusted gross income
returns
Basic Tables 2006
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income (13) 0.53 13.56 10.62 7.03 5.86 4.95 4.22 3.57 3.23 3.14 3.01 2.88 2.93 1.63 1.35 1.07 1.52 1.84 1.97 1.49 0.83 0.78 0.04 0.55 2.14
Number of returns
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
81
82
(Coefficient of variation for number of returns and amount (percent)) Taxable pensions and annuities Amount (26) 1.06 15.78 9.95 5.59 5.42 5.36 5.64 5.69 5.59 5.69 5.46 5.44 5.69 3.28 2.80 2.20 3.17 4.77 7.19 5.94 3.66 5.55 0.02 1.11 3.40 Unemployment compensation Number of returns (39) 1.78 30.24 16.92 13.71 9.46 9.15 8.83 7.99 7.98 7.73 7.90 7.68 7.59 4.69 4.46 4.28 6.78 12.52 16.51 13.59 11.18 13.53 -1.96 4.42 5.57 8.20 14.32 19.00 16.08 13.53 12.59 -2.54 5.61 10.20 9.89 9.98 6.38 5.87 4.76 4.69 4.89 2.82 2.56 2.06 2.19 2.56 2.85 2.27 1.33 1.20 0.08 0.98 3.78 11.28 11.09 10.01 10.13 9.61 4.84 4.59 4.62 4.60 4.87 45.85 20.93 17.14 11.81 38.04 32.73 25.67 8.01 2.31 0.94 1.06 43.00 38.13 33.71 16.57 6.34 5.48 5.21 5.06 5.29 5.08 5.04 5.24 3.09 2.81 2.25 2.38 2.75 3.04 2.46 1.44 1.25 0.07 1.08 5.25 (40) (41) (42) Amount Number of returns Amount Taxable social security benefits Foreign-earned income exclusion Number of returns (43) 2.01 22.05 17.56 17.27 15.70 15.50 15.92 15.40 14.38 16.26 15.52 14.52 34.64 8.04 5.70 2.65 4.36 2.61 3.25 4.50 2.27 0.29 -2.26 5.06 Amount (44) 1.75 21.71 16.77 17.16 15.40 15.06 14.77 15.22 14.43 15.68 15.34 14.73 17.42 8.08 5.34 2.56 4.26 2.66 3.45 4.81 2.30 0.32 -1.95 4.57 2.38 1.98 2.05 2.21 1.76 0.93 0.81 -1.26 3.71 3.67 3.38 3.78 3.90 4.13 2.32 1.44 -1.42 5.51 2.63 2.58 2.74 2.92 2.51 1.39 1.20 -1.40 3.02 3.31 3.67 3.56 3.97 4.62 2.43 0.97 -1.58 3.88 9.91 9.92 10.54 12.63 9.43 5.52 4.96 -5.12 14.28 22.52 25.46 32.20 48.15 25.07 38.81 8.20 -10.64 30.36 1.82 1.29 1.27 1.40 1.07 0.93 0.58 -0.92 3.11 7.67 8.47 8.25 4.53 3.74 11.70 12.11 12.19 7.09 5.93 6.67 7.26 7.49 4.17 3.48 8.61 9.02 9.34 5.36 4.34 22.98 26.08 27.67 15.14 13.69 44.19 47.69 62.50 46.73 24.25 6.96 7.18 7.24 3.96 3.14 36.09 27.40 19.01 11.51 7.69 3.38 2.19 1.98 2.17 1.89 1.01 0.98 -0.67 32.72 Other income less loss Number of returns (45) 1.37 19.84 15.18 11.62 10.80 9.53 9.16 8.77 8.37 8.79 8.33 7.90 8.16 4.65 3.89 2.75 2.44 2.47 2.51 1.93 1.03 0.88 0.04 1.46 4.25 Amount (46) 2.75 224.97 45.19 44.40 23.57 20.12 24.21 21.35 17.30 18.22 21.63 18.29 22.26 12.64 12.37 7.41 7.78 9.34 9.30 8.31 4.25 2.90 -2.85 10.50 8.37 8.55 8.71 8.03 9.16 11.79 13.34 12.00 11.49 13.37 7.72 7.33 6.87 7.13 6.93 10.00 9.38 9.65 9.69 9.08 27.31 27.46 26.72 24.86 27.06 49.40 54.38 60.96 42.15 55.59 8.65 8.25 7.96 7.31 7.00 170.29 144.32 58.36 31.73 59.40 13.30 12.36 8.43 8.76 18.16 19.92 11.19 15.16 11.33 10.56 8.87 7.85 14.17 12.73 12.03 12.41 53.53 41.62 28.50 26.75 139.60 49.80 41.60 67.54 13.57 10.83 9.43 9.26 25.95 25.42 43.25 70.53 70.55 40.40 39.74 33.73 33.03 27.54 32.91 25.28 33.69 22.54 30.71 25.17 14.07 12.70 6.84 5.21 5.35 5.01 3.99 2.01 1.51 -3.53 16.37 1.19 1.37 1.26 1.48 4.82 10.08 0.88 0.69 3.46 (27) (28) (29) (30) (31) (32) (33) (34) (35) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (36) 2.97 287.14 58.02 49.00 44.54 48.88 62.05 62.50 86.66 52.70 36.44 40.93 37.58 23.03 19.80 12.51 10.25 10.90 12.23 9.89 4.99 4.12 -2.98 36.42 Total statutory adjustments Number of returns (47) 0.56 7.01 5.76 4.75 4.26 4.24 3.99 3.82 3.67 3.55 3.29 3.34 3.39 1.96 1.60 1.17 1.25 1.44 1.63 1.28 1.65 0.70 0.03 0.61 1.67 Amount (48) 0.81 11.24 9.78 7.51 7.02 6.76 6.26 6.19 6.82 5.42 5.39 6.11 5.73 3.64 2.87 1.86 1.88 2.19 2.57 2.54 2.48 1.08 0.07 0.85 2.67 Rent and royalty net income Rent and royalty net loss Farm rental net income less loss Partnership and S Corporation net income less loss Estate and trust net income less loss
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income (25) 0.75 11.11 7.20 4.69 4.43 4.39 4.47 4.41 4.23 4.25 4.12 4.06 4.19 2.32 2.01 1.59 1.95 2.67 2.98 2.42 1.44 1.29 0.08 0.80 2.43 Farm net income less loss Amount (38) 5.28 30.06 69.81 27.20 51.76 30.65 44.78 99.50 36.12 36.16 31.48 81.24 33.22 16.62 19.94 11.84 13.21 12.34 15.48 15.77 8.86 2.53 -5.53 17.55
Number of returns
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
Individual Returns 2006
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income (37) 2.39 24.65 26.10 18.26 17.70 17.65 18.95 16.76 15.65 18.09 15.21 15.45 16.79 8.78 7.50 5.36 5.29 5.57 5.88 5.15 2.84 2.38 -2.63 7.43
Number of returns
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
(Coefficient of variation for number of returns and amount (percent)) Total itemized deductions Itemized deductions limitation Number of returns (50) 0.47 0.19 ------------99.64 10.08 1.23 0.66 0.87 1.14 0.91 0.51 0.47 0.01 0.19 1.13 Total Itemized deductions--continued Taxes paid deduction Size of adjusted gross income Total Number of returns (58) 0.27 0.27 5.09 3.97 2.97 2.69 2.42 2.25 2.10 2.00 1.98 2.14 2.12 2.19 1.27 0.99 1.94 1.92 1.98 1.11 0.90 1.91 1.89 1.95 1.09 0.88 4.72 3.71 2.81 2.54 2.34 2.18 2.04 1.95 1.93 2.95 2.71 2.65 2.24 2.35 7.12 5.01 3.75 3.42 0.24 (59) (60) Amount Number of returns Amount (61) 0.28 16.18 7.79 5.20 4.77 3.94 3.54 3.37 2.53 2.88 2.32 2.25 2.42 1.46 1.11 Total State and local taxes Income tax Number of returns (62) 0.35 8.83 6.41 4.85 3.87 3.34 2.85 2.57 2.35 2.34 2.26 2.24 2.28 1.27 1.03 Amount (63) 0.31 24.02 12.82 8.71 7.00 4.24 4.45 4.13 2.87 3.34 2.58 2.50 2.63 1.60 1.21 General sales tax Number of returns (64) 0.78 6.23 5.07 3.78 3.78 3.56 3.72 3.68 3.89 3.86 3.93 3.88 4.16 2.61 2.35 Amount (65) 1.07 10.22 7.02 5.83 5.17 7.49 5.16 4.98 5.09 4.78 5.22 5.07 6.24 3.46 3.07 2.90 5.47 11.49 18.26 18.26 19.13 ** 35.23 ** 1.02 1.61 5.31 9.18 17.07 22.03 18.99 20.91 ** 43.84 ** 1.67 3.13 2.90 5.47 11.49 18.26 18.26 19.13 ** 35.23 ** 1.02 1.61 3.58 6.67 13.19 18.59 16.94 17.82 ** 34.74 ** 1.27 2.81 3.74 3.78 4.20 2.60 2.67 6.90 7.56 6.94 5.02 5.93 3.74 3.78 4.20 2.60 2.67 5.24 5.43 5.20 3.55 3.83 3.74 3.78 4.20 2.60 2.67 2.90 5.47 11.49 18.26 18.26 19.13 43.86 -1.02 1.61 3.44 3.40 3.48 3.49 3.70 5.61 6.27 5.92 5.90 6.51 3.44 3.40 3.48 3.49 3.70 4.89 5.23 4.83 4.70 5.10 3.44 3.40 3.48 3.49 3.70 5.82 4.65 3.47 3.40 9.28 8.08 6.03 5.95 5.82 4.65 3.47 3.40 9.12 7.71 5.59 5.39 5.85 4.65 3.47 3.40 0.84 1.60 0.84 1.22 0.84 ------------99.64 8.92 1.09 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.47 11.92 0.97 6.66 4.74 3.49 3.42 3.44 3.40 3.49 3.49 3.70 3.74 3.78 4.20 2.60 2.67 2.83 5.24 10.83 17.69 18.29 17.70 40.48 -1.09 2.00 (51) (52) (53) (54) (55) (56) (57) Amount Number of returns Amount Number of returns Amount Number of returns Amount Medical and dental expenses deduction Medical and dental expenses Medical and dental expenses limitation
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income (49) 0.27 5.68 4.53 3.54 2.98 2.67 2.62 2.26 2.20 2.17 2.14 2.13 2.13 1.24 1.02 0.75 0.86 1.19 1.57 1.39 0.76 0.62 0.01 0.27 1.29
Total in taxable income
Basic Tables 2006
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
83
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 1.07
0.71 0.86 1.14 1.40 1.31 0.75 0.63 0.02 0.25 1.47
0.66 0.73 0.99 1.20 0.90 1.03 0.55 0.02 0.30 1.12
0.79 1.04 1.27 1.51 1.42 0.82 0.66 0.02 0.29 2.42
0.77 0.83 1.13 1.35 1.02 0.59 0.61 0.03 0.37 1.53
0.85 1.10 1.31 1.54 1.45 0.83 0.67 0.02 0.31 3.10
1.94 2.17 2.73 3.07 2.51 5.09 1.40 -0.89 1.70
2.57 3.20 5.12 7.74 6.87 4.00 3.05 -1.15 2.95
(Coefficient of variation for number of returns and amount (percent)) Total Itemized deductions--continued Taxes paid deduction--continued Real estate taxes Total Amount (71) 3.86 47.55 35.05 49.46 18.71 21.45 18.60 15.43 16.91 17.65 15.89 18.24 19.65 8.41 9.44 11.79 7.56 8.17 9.54 8.45 4.43 4.95 -4.07 12.38 Total Itemized deductions--continued Interest paid deduction--continued Home mortgage interest--cont. Deductible points Number of returns (80) 1.55 24.28 20.92 14.57 13.56 11.55 11.43 9.75 9.18 8.34 8.45 8.47 9.22 4.80 4.03 2.89 3.03 3.85 4.53 3.81 2.39 2.36 -1.65 4.50 7.92 7.56 8.26 10.12 8.23 4.30 3.95 -3.69 10.20 17.74 21.61 25.54 10.91 10.17 11.05 11.43 10.10 12.41 13.77 8.45 7.97 -4.67 12.59 26.64 24.60 19.71 24.86 18.86 39.09 43.39 28.40 28.08 25.59 21.38 19.40 18.55 16.18 17.26 15.83 14.94 14.89 13.59 14.81 13.76 7.89 6.01 3.33 2.17 1.96 1.98 1.48 0.76 0.68 -1.55 6.03 4.64 1.50 (81) (82) Amount Number of returns Amount (83) 1.02 32.86 26.54 27.94 37.68 38.16 27.81 30.87 26.05 24.75 28.59 25.79 24.32 15.69 15.14 7.45 4.63 4.51 4.19 3.84 1.86 1.15 -1.04 4.90 Paid to individuals Number of returns (78) 2.56 37.03 20.85 22.20 18.50 16.21 17.54 17.84 13.32 13.43 12.97 13.24 13.21 7.81 6.54 5.07 5.43 6.03 6.98 5.68 3.38 3.13 -2.73 7.38 19.59 18.64 20.19 12.09 10.02 21.12 25.25 21.85 21.12 15.86 43.87 23.07 33.43 21.88 3.52 (79) Amount Investment interest expense deduction Number of returns (84) 0.30 6.01 4.65 3.39 3.03 2.75 2.51 2.33 2.21 2.18 2.13 2.09 2.13 1.20 0.95 0.69 0.75 1.02 1.22 0.91 0.52 0.55 0.02 0.32 1.27 Total Amount (85) 0.45 7.88 6.38 4.98 4.57 4.13 3.83 3.57 3.39 3.43 3.42 3.33 3.43 2.02 1.74 1.32 1.61 2.18 2.58 2.45 1.24 0.91 -0.47 2.09 Contributions deduction Cash contributions Number of returns (86) 0.32 6.47 4.83 3.52 3.14 2.86 2.61 2.43 2.29 2.27 2.21 2.16 2.21 1.24 0.99 0.72 0.77 1.02 1.23 0.92 0.52 0.55 0.02 0.34 1.32 Amount (87) 2.41 9.75 10.34 6.30 5.13 4.60 4.12 3.99 3.72 3.94 3.83 3.65 3.85 2.26 1.93 9.71 2.15 3.29 3.47 5.36 1.50 1.14 -0.64 24.63 Other than cash contributions Number of returns (88) 0.46 9.17 7.09 5.40 4.39 3.87 3.46 3.15 2.97 2.92 2.85 2.76 2.82 1.61 1.29 0.94 1.08 1.52 1.83 1.45 0.86 0.84 0.03 0.49 1.80 Amount (89) 1.26 14.78 13.66 23.32 14.13 6.80 7.09 7.31 4.87 7.39 5.44 5.87 5.07 5.39 2.85 5.32 8.93 7.92 9.91 8.23 3.83 1.83 -1.30 4.37 0.72 0.83 1.13 1.36 1.02 1.23 0.60 0.02 0.34 1.17 0.95 1.11 1.56 2.00 2.03 1.23 0.97 -0.40 1.48 0.73 0.85 1.21 1.48 1.15 1.53 0.74 0.03 0.34 1.18 2.14 2.09 2.13 1.19 0.97 2.59 2.60 2.61 1.48 1.22 2.15 2.10 2.14 1.20 0.97 2.59 2.59 2.61 1.48 1.22 0.95 1.11 1.54 1.88 1.53 1.05 0.88 -0.42 1.49 2.76 2.54 2.32 2.20 2.18 3.69 3.02 2.77 2.72 2.65 2.77 2.56 2.33 2.20 2.19 3.71 3.03 2.78 2.73 2.65 5.48 4.45 3.35 3.10 7.23 5.54 4.30 3.80 5.52 4.50 3.38 3.12 7.26 5.56 4.30 3.81 0.31 0.39 0.32 0.41 0.32 5.53 4.56 3.39 3.14 2.80 2.57 2.34 2.21 2.21 2.16 2.11 2.15 1.20 0.98 0.73 0.86 1.22 1.49 1.17 1.57 0.75 0.03 0.35 1.19 (72) (73) (74) (75) (76) Number of returns Amount Number of returns Amount Number of returns Paid to financial institutions Amount (77) 0.41 7.29 5.66 4.32 3.85 3.75 3.04 2.80 2.74 2.68 2.61 2.61 2.62 1.48 1.23 0.95 1.12 1.56 1.90 1.55 1.08 0.89 -0.42 1.50 Number of returns (66) 0.30 5.35 4.19 3.16 2.90 2.67 2.48 2.27 2.17 2.16 2.09 2.05 2.09 1.17 0.94 0.69 0.76 1.02 1.23 0.93 1.07 0.56 0.02 0.32 1.17 1.11 1.29 1.73 2.07 1.63 0.98 0.93 0.04 0.56 1.72 2.25 2.22 3.33 3.94 3.75 2.12 2.35 -1.12 4.19 3.05 3.09 3.62 4.12 3.30 1.87 1.77 0.14 1.61 5.16 0.86 0.95 1.30 1.65 1.46 0.74 0.70 0.01 0.38 1.53 2.57 2.60 2.65 1.48 1.19 2.94 2.89 2.91 1.69 1.43 5.56 5.55 5.55 3.54 2.56 8.40 8.08 7.74 4.75 3.96 3.38 3.19 3.20 2.71 2.84 3.75 3.48 3.16 3.06 3.02 6.60 6.97 7.11 5.52 5.72 11.19 9.54 8.99 8.13 8.72 6.98 5.46 4.10 3.84 8.66 6.51 4.90 4.22 35.81 11.27 9.01 14.82 22.33 21.33 14.14 11.35 0.36 0.52 1.11 1.54 (67) (68) (69) (70) Amount Number of returns Amount Number of returns Personal property taxes Other taxes Total Home mortgage interest Interest paid deduction
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
84
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
Individual Returns 2006
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
(Coefficient of variation for number of returns and amount (percent)) Total Itemized deductions--continued Contributions deduction--cont. Limited miscellaneous deductions Casualty or theft loss deduction Total after limitation Number of returns (94) 0.77 7.78 6.67 6.15 5.15 4.61 4.10 3.85 3.59 3.68 3.75 3.60 3.83 2.24 2.05 1.73 2.19 3.08 3.40 2.83 1.58 1.34 -0.84 2.06 Total Itemized deductions--continued Limited miscellaneous deductions--continued Gamling loss deduction Number of returns (104) 2.51 38.20 23.72 20.94 15.97 15.56 16.11 14.27 14.78 13.53 4.74 4.59 4.71 2.77 2.38 12.67 11.87 12.19 7.68 6.65 Amount (105) 3.14 37.12 27.97 31.88 28.80 19.49 22.03 18.79 20.56 16.98 19.45 16.61 17.98 12.11 10.16 Other limited miscellaneous deductions Number of returns (100) 0.82 10.19 9.11 7.43 6.55 5.70 5.35 5.25 4.81 4.93 4.90 4.52 4.84 2.76 2.37 10.01 13.10 10.23 5.52 5.34 2.54 2.46 2.54 1.46 1.23 13.12 17.43 11.32 9.93 11.01 3.30 2.96 2.73 2.61 2.56 6.46 5.50 4.99 4.66 4.67 26.65 20.27 13.97 13.47 7.39 5.59 4.34 3.62 18.36 12.40 9.47 7.29 1.07 0.43 0.80 (101) (102) (103) Amount Number of returns Amount Miscellaneous deductions subject to 2% AGI limitation Miscellaneous deductions other than gambling Number of returns (106) 3.37 41.91 44.64 31.26 24.12 24.30 17.65 16.30 18.99 19.87 18.69 17.22 19.62 13.46 11.72 Amount (107) 5.68 48.62 69.17 47.05 32.91 34.04 32.01 35.20 47.27 29.95 27.91 38.22 31.06 20.59 20.77 Total unlimited miscellaneous deduction Number of returns (108) 2.02 27.29 20.95 17.41 13.25 13.32 12.19 10.75 11.91 11.24 10.66 9.85 10.56 6.70 5.82 Amount (109) 2.95 31.11 26.99 28.19 22.10 17.36 18.69 18.02 20.63 14.81 16.54 15.28 16.51 11.05 9.35 Number of returns (110) 0.32 5.47 4.11 3.10 2.89 2.64 2.49 2.37 2.25 2.27 2.25 2.23 2.27 1.28 1.03 Amount (111) 0.33 5.47 4.11 3.10 2.89 2.64 2.49 2.37 2.25 2.27 2.25 2.23 2.27 1.28 1.03 Exemptions 2.35 3.06 4.11 4.92 5.59 2.28 1.91 -1.07 3.35 1.37 1.99 3.37 4.50 3.74 2.41 2.50 0.37 0.69 2.23 2.16 3.35 6.56 11.76 8.66 5.25 4.42 0.01 1.10 3.53 1.17 1.35 1.79 2.11 1.65 0.97 0.92 -0.58 1.80 5.36 5.25 5.42 3.29 2.96 3.33 3.22 3.31 1.89 1.63 5.17 4.94 5.21 3.10 2.69 2.97 2.87 2.97 1.73 1.48 6.97 5.92 5.43 5.13 5.19 4.87 4.05 3.67 3.44 3.36 7.44 5.81 5.47 5.08 5.05 3.79 3.45 3.21 3.05 3.01 5.07 5.09 4.23 3.89 3.75 4.90 4.85 4.29 3.96 2.15 1.88 2.29 2.81 3.21 3.30 1.67 1.37 -0.86 2.56 18.73 13.47 10.42 7.85 14.73 11.98 8.81 5.83 25.58 18.59 13.68 8.55 8.56 6.39 4.93 4.16 11.53 9.26 6.27 5.33 1.03 0.65 1.06 0.54 0.81 (95) (96) (97) (98) (99) Amount Number of returns Amount Number of returns Amount Unreimbursed employee business expense Tax preparation fees Carryover from prior years Number of returns (90) 3.64 14.45 14.64 13.14 13.65 16.05 18.70 16.99 19.70 20.61 24.08 27.32 24.18 27.34 25.95 36.17 28.10 25.26 17.46 19.89 15.03 14.53 16.83 19.31 17.75 10.34 9.48 -7.21 11.45 31.12 15.67 27.12 42.02 38.45 35.39 12.36 -9.63 16.91 58.08 40.21 35.06 29.68 37.93 37.18 52.89 40.50 47.74 40.05 18.50 18.84 24.21 13.08 14.23 10.08 8.29 7.56 7.68 6.18 3.09 2.26 -4.64 5.90 27.40 21.63 27.12 12.85 15.84 9.65 2.16 -5.57 10.50 51.28 34.10 38.13 44.10 45.31 34.31 28.33 29.62 48.79 20.37 22.54 26.98 29.21 32.43 67.98 45.72 32.78 35.62 61.04 67.60 74.75 44.83 5.19 6.10 11.14 (91) (92) (93) Amount Number of returns Amount
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
Basic Tables 2006
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
Size of adjusted gross income
All returns, total
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
85
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
1.64 1.53 1.64 1.73 1.29 0.68 0.63 0.02 0.87 2.73
3.36 2.93 2.96 3.18 3.51 1.46 1.15 -1.03 6.44
0.95 1.08 1.37 1.55 1.16 0.64 0.61 0.02 0.46 1.53
1.80 2.14 2.63 3.08 3.17 1.37 1.09 -0.82 3.07
5.01 5.51 6.63 7.33 6.23 3.65 3.40 -2.68 7.32
8.09 9.02 11.39 13.69 13.03 6.83 7.09 -3.42 6.86
8.37 5.81 4.47 3.96 3.01 1.46 1.09 -3.58 9.72
19.21 16.01 16.52 11.53 12.80 9.08 1.82 -6.05 14.60
4.31 4.01 3.72 3.51 2.70 1.35 1.04 -2.15 5.87
8.42 8.48 10.47 12.64 11.41 6.11 6.08 -3.12 8.96
0.76 0.83 1.15 1.38 1.04 0.68 0.63 0.03 0.33 1.23
0.76 1.00 1.17 1.40 1.05 0.62 0.64 0.03 0.35 1.23
86
(Coefficient of variation for number of returns and amount (percent)) Taxable income Alternative minimum tax Number of returns (114) 0.69 67.42 96.04 72.16 72.68 96.22 78.50 76.20 49.55 49.11 35.53 27.58 23.29 10.03 7.04 1.88 0.81 1.62 2.31 1.92 1.14 1.01 -0.69 27.77 3.22 1.18 2.13 3.97 3.30 1.85 1.53 -0.76 39.23 0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 1.70 0.66 0.68 0.91 1.19 0.94 1.56 0.49 0.02 0.22 2.04 1.07 1.15 1.27 1.49 1.09 0.60 0.62 0.03 0.54 1.70 1.74 3.72 4.30 3.77 3.51 2.02 1.45 -0.68 2.04 0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 -47.52 35.81 35.32 14.10 11.35 1.94 1.91 1.96 1.10 0.88 2.16 2.12 2.16 1.20 0.95 2.89 2.89 3.00 1.61 1.29 3.62 3.56 3.66 2.00 1.64 2.09 2.03 2.05 1.13 0.89 2.38 2.32 2.34 1.30 1.01 0.67 0.69 0.92 1.20 0.95 1.60 0.49 0.02 0.23 -53.96 77.91 77.81 81.30 49.91 2.85 2.42 2.16 2.01 1.97 3.53 2.91 2.50 2.31 2.20 4.57 4.02 3.43 3.10 3.07 6.56 5.25 4.45 3.92 3.82 3.21 2.77 2.41 2.21 2.14 3.91 3.28 2.79 2.55 2.41 52.31 42.09 81.65 48.67 32.93 13.94 5.22 3.74 37.58 20.44 6.85 4.57 60.04 19.84 11.92 7.25 60.59 33.22 19.13 10.89 34.72 17.45 5.51 4.02 42.54 24.35 7.19 4.88 34.72 17.45 5.51 4.02 3.21 2.77 2.41 2.21 2.14 2.09 2.03 2.05 1.13 0.89 0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 -0.76 0.28 0.22 0.50 0.63 0.29 0.23 0.29 (115) (116) (117) (118) (119) (120) (121) (122) Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (123) 0.23 42.54 24.35 7.19 4.88 3.91 3.28 2.79 2.55 2.41 2.38 2.32 2.34 1.30 1.01 0.67 0.69 0.92 1.20 0.95 1.60 0.49 0.02 0.23 -Income tax before credits Total tax credits Income tax after credits Total income tax
Table 2.1CV--Coefficient of Variation for Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income Amount (113) 0.19 41.36 19.47 6.67 4.36 3.35 2.75 2.41 2.21 2.12 2.07 2.02 2.05 1.15 0.91 0.64 0.68 0.90 1.15 0.91 1.27 0.46 0.01 0.19 2.04
Number of returns
(112)
All returns, total
0.28
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
36.11 14.14 5.23 3.75
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000
2.85 2.42 2.16 2.01 1.97
$45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000
1.94 1.91 1.96 1.10 0.88
$100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
0.65 0.72 0.99 1.19 0.89 1.02 0.54 0.02 0.29 1.71
Individual Returns 2006
** Data combined to avoid disclosure of information for specific taxpayers.
Basic Tables 2006
Table 2.2 -- Returns with Itemized Deductions: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status
All Item Number of returns (1) Adjusted gross income less deficit Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends State income tax refunds Alimony received Business or profession: Net income Net loss Sales of capital assets: Net gain in AGI Net loss in AGI Sales of property other than capital assets, net gain less loss Taxable IRA distributions Taxable pensions and annuities Rent and royalty: Net income Net loss Farm rental net income less loss Partnership and S Corporation net income less loss Estate and trust net income less loss Farm net income less loss Unemployment compensation Taxable social security benefits Other income less loss Total statutory adjustments Medical savings account deduction Certain business expenses of reservist, performing artists, etc. Health savings account deduction Moving expenses adjustment Deduction for self-employment tax Payments to a Keogh plan Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid IRA payments Student loan interest deduction Jury duty pay Domestic production activities deduction Educator expenses deduction Tuition and fees deduction Total itemized deductions Medical and dental expenses deduction Taxes paid deduction Interest paid deduction Contributions deduction Casualty or theft loss deduction Total miscellaneous deductions Taxable income Alternative minimum tax Total tax credits Foreign tax credit Child care credit Credit for the elderly or disabled Education credit Retirement savings contribution credit Residential energy credits Child tax credit Alternative motor vehicle credit Earned income credit used to offset income tax before credits Minimum tax credit General business credit Empowerment zone and renewal community employment credit Income tax after credits Total income tax Total tax liability Total tax payments Income tax withheld Estimated tax payments Overpayment refunded Tax due at time of filing Footnotes at end of table. 49,123,555 42,242,629 34,125,046 4,222,541 18,716,079 16,016,413 20,973,322 241,090 7,225,926 3,185,997 10,710,760 5,396,852 1,162,514 4,829,457 11,029,556 3,478,166 3,608,366 284,440 5,599,312 416,705 756,895 2,604,896 6,994,732 3,407,006 16,945,059 12,224 68,197 269,147 554,531 7,956,241 1,037,371 2,565,354 550,151 411,619 1,781,815 3,888,263 32,719 328,158 2,238,167 2,453,812 49,123,555 10,208,792 48,660,923 40,284,927 41,437,749 206,287 13,484,217 45,237,593 3,808,616 21,492,514 4,478,567 3,719,779 8,818 3,082,295 1,020,667 3,426,650 12,044,496 19,591 209,355 321,423 298,607 27,744 42,402,082 42,402,082 43,574,152 48,716,892 44,586,085 7,021,783 35,049,624 11,828,021 returns Amount Joint returns of married persons Number of returns (3) 28,934,283 26,021,603 22,085,790 2,742,033 12,519,050 10,745,282 13,225,888 11,095 5,340,455 2,278,892 7,097,094 3,690,601 886,890 3,037,788 6,780,873 2,460,013 2,425,212 180,954 4,314,873 226,053 621,749 1,716,637 4,373,952 2,400,244 12,143,648 8,837 46,220 221,221 340,999 5,996,088 822,143 1,836,962 342,683 169,744 1,268,250 2,919,248 18,127 269,471 1,684,630 1,824,206 28,934,283 5,527,496 28,856,871 25,955,455 25,878,929 100,983 6,995,492 27,102,850 2,913,481 15,741,566 3,057,604 2,929,894 * 1,658 2,277,584 641,671 2,432,733 9,685,381 16,393 22,352 245,979 219,218 24,257 25,420,399 25,420,399 26,158,507 28,805,468 27,001,963 4,629,367 19,813,435 7,693,494 Amount Separate returns of married persons Number of returns (5) 1,193,892 1,018,155 600,737 65,878 287,857 244,511 435,239 6,000 131,894 52,694 155,728 92,811 26,246 55,921 199,275 60,889 38,687 4,000 108,481 4,184 8,938 56,228 114,812 64,458 244,228 * 79 * 1,651 908 10,474 145,378 13,841 35,086 9,958 21,629 20,173 -* 1,002 5,982 40,079 -1,193,892 198,542 1,166,798 853,228 859,873 6,816 311,157 1,106,106 144,050 340,397 71,505 20,594 --19,589 73,864 188,793 * 646 -4,617 1,776 264 1,064,528 1,064,528 1,097,106 1,162,406 1,046,958 125,769 717,455 421,207 Amount
87
(All figures are estimates based on samples--money amounts are in thousands of dollars)
(2) 5,703,411,397 3,606,296,025 159,584,048 62,680,581 164,852,577 116,974,712 22,831,386 6,314,045 232,747,543 27,788,327 704,409,758 12,043,700 4,612,509 80,887,147 251,431,238 61,212,112 42,566,634 1,583,611 431,469,010 15,704,443 -7,515,850 11,009,458 86,089,204 24,886,393 83,337,280 26,318 185,177 707,856 2,081,645 16,377,923 20,244,768 15,405,758 201,608 7,548,605 7,485,703 2,849,501 46,202 3,108,505 578,928 5,676,661 1,229,237,288 70,704,272 432,774,100 470,474,844 186,646,644 5,135,555 98,654,116 4,144,450,317 20,894,160 34,178,844 8,115,888 1,963,036 842 3,110,961 164,338 808,023 17,316,902 40,327 60,089 957,739 1,134,924 108,392 837,275,584 837,277,177 872,830,651 941,297,089 626,100,343 228,659,591 126,787,598 95,767,321
(4) 4,264,299,136 2,707,358,732 111,738,934 41,809,659 113,076,748 80,895,806 16,289,076 198,369 176,969,268 20,118,524 534,829,358 8,355,157 3,687,940 57,326,083 169,019,049 44,520,487 29,679,768 950,189 356,604,991 8,046,245 -6,343,165 7,272,849 61,578,580 18,116,108 63,251,583 20,571 113,082 622,984 1,396,392 12,852,015 16,379,598 12,653,553 113,305 3,074,887 5,883,871 2,226,999 14,807 2,567,447 446,672 4,307,623 859,077,233 37,045,862 318,838,613 337,640,907 137,208,329 3,272,748 54,237,813 3,143,068,175 16,611,630 27,595,148 5,927,464 1,527,268 * 87 2,431,997 115,988 591,217 14,894,944 32,247 3,933 787,306 874,197 88,158 641,788,649 641,790,207 669,339,154 710,296,800 466,058,673 177,012,710 82,107,439 71,121,152
(6) 121,891,144 57,173,108 5,330,729 1,979,096 5,236,093 3,607,007 488,893 154,590 8,338,976 664,882 26,530,461 115,292 210,348 873,799 4,116,389 1,522,694 523,654 31,968 11,551,730 1,085,107 -135,159 233,456 1,250,138 633,930 1,421,672 * 117 * 537 4,194 49,884 350,578 225,647 179,437 3,479 402,527 62,606 -* 36 112,989 9,783 -24,245,099 881,003 8,335,769 8,817,656 4,613,504 99,488 2,581,517 93,642,497 659,095 776,268 501,209 11,576 --1,369 16,129 199,376 * 1,094 -17,673 23,476 2,771 20,680,471 20,680,471 21,468,375 21,030,255 9,636,595 7,447,712 1,912,434 4,070,230
88
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Table 2.2 -- Returns with Itemized Deductions: Sources of Income, Adjustments, Deductions, Credits, and Tax Items, by Marital Status--Continued
Item Returns of heads of households Number of Amount returns (7) (8) 4,497,298 277,234,496 Returns of surviving spouses Number of Amount returns (9) (10) 22,174 18,134 20,874 1,386 10,889 7,966 7,990 -2,536 * 953 5,696 2,744 868 * 293 8,157 1,657 2,333 -1,505 206 * 1,043 * 139 3,486 2,791 8,373 ---* 1,623 2,578 * 49 360 --* 394 * 1,018 -* 201 * 1,250 * 1,887 22,174 6,552 22,172 18,520 19,086 -6,375 16,163 1,734 10,712 4,222 * 808 -* 1,018 -* 180 7,386 --* 16 * 154 * 11 14,528 14,528 15,544 22,174 18,467 2,775 17,632 4,393 2,096,689 1,154,623 91,589 45,004 58,226 23,344 8,467 -64,397 * 944 439,008 3,562 21,986 * 3,232 162,996 23,548 37,490 -18,345 31,751 * 2,743 * 1,332 30,219 29,216 20,376 ---* 3,861 3,484 * 2,167 1,484 --* 1,931 * 763 -* 1,324 * 313 * 5,049 523,648 39,718 189,966 215,374 59,887 -32,104 1,510,469 7,494 14,989 3,419 * 291 -* 1,680 -* 27 6,767 --* 624 * 1,625 * 58 284,434 284,434 292,022 341,264 206,062 108,618 78,203 37,951 Returns of single persons Number of Amount returns (11) (12) 14,475,908 10,993,969 9,362,231 1,307,115 5,176,891 4,428,084 5,441,556 123,118 1,330,489 626,676 3,050,917 1,402,655 220,498 1,555,117 3,510,395 837,315 885,776 94,037 994,781 171,626 106,045 597,904 2,370,684 760,672 3,345,529 3,268 15,767 40,703 168,365 1,394,952 166,127 569,627 156,513 158,161 396,974 684,130 9,616 44,323 370,527 320,773 14,475,908 3,605,479 14,202,822 9,694,644 11,157,377 71,989 4,461,149 13,037,994 486,419 2,679,378 1,223,135 40,405 7,160 445,756 125,565 672,650 181,292 * 2,542 36,110 59,295 67,869 2,155 12,846,019 12,846,019 13,145,993 14,262,741 12,324,251 2,080,673 10,520,174 3,256,271 1,037,889,932 620,251,489 39,029,416 17,885,565 43,146,468 30,137,300 4,395,577 3,275,627 37,319,881 5,131,502 126,507,110 3,110,062 718,721 20,082,345 69,438,457 13,535,874 9,270,052 585,618 52,495,403 5,919,920 -874,338 2,630,366 22,011,985 4,681,097 14,289,037 5,499 57,183 65,925 530,561 2,484,835 3,067,495 2,051,846 64,022 3,035,682 1,249,907 433,674 11,050 369,796 88,074 637,856 260,506,710 29,431,606 82,484,335 84,976,744 35,793,365 1,021,438 31,013,996 744,203,462 2,801,362 2,538,716 1,404,445 18,182 756 364,624 15,915 144,501 174,518 * 6,968 5,535 139,150 214,235 12,596 148,231,295 148,231,329 154,014,807 170,668,940 118,309,834 39,265,723 27,127,977 17,608,296
Adjusted gross income less deficit
Salaries and wages 4,190,769 220,358,072 Taxable interest 2,055,414 3,393,379 Tax-exempt interest 106,129 961,257 Ordinary dividends 721,391 3,335,043 Qualified dividends 590,569 2,311,254 State income tax refunds 1,862,649 1,649,374 Alimony received 100,877 2,685,459 Business or profession: Net income 420,552 10,055,021 Net loss 226,783 1,872,476 Sales of capital assets: Net gain in AGI 401,325 16,103,821 Net loss in AGI 208,041 459,627 Sales of property other than capital assets 28,012 -26,486 Taxable IRA distributions 180,338 2,601,688 Taxable pensions and annuities 530,856 8,694,346 Rent and royalty: Net income 118,292 1,609,509 Net loss 256,358 3,055,670 Farm rental net income less loss 5,449 15,837 Partnership and S Corporation net income less loss 179,672 10,798,541 Estate and trust net income less loss 14,635 621,419 Farm net income less loss 19,120 -165,931 Unemployment compensation 233,989 871,455 Taxable social security benefits 131,797 1,218,284 Other income less loss 178,842 1,426,041 Total statutory adjustments 1,203,281 4,354,612 Medical savings account deduction * 40 * 130 Certain business expenses of reservist, performing artists, etc. * 4,559 * 14,375 Health savings account deduction 6,315 14,753 Moving expenses adjustment 33,070 100,946 Deduction for self-employment tax 417,246 687,013 Payments to a Keogh plan 35,211 569,861 Self-employed health insurance deduction 123,318 519,438 Penalty on early withdrawal of savings 40,998 20,802 Alimony paid 62,085 1,035,509 IRA payments 96,024 287,389 Student loan interest deduction 283,867 188,065 Jury duty pay * 3,974 * 20,309 Domestic production activities deduction 8,181 56,948 Educator expenses deduction 141,681 34,086 Tuition and fees deduction 306,945 726,133 Total itemized deductions 4,497,298 84,884,598 Medical and dental expenses deduction 870,723 3,306,083 Taxes paid deduction 4,412,260 22,925,417 Interest paid deduction 3,763,080 38,824,164 Contributions deduction 3,522,484 8,971,560 Casualty or theft loss deduction 26,499 741,880 Total miscellaneous deductions 1,710,043 10,788,687 Taxable income 3,974,481 162,025,715 Alternative minimum tax 262,932 814,579 Total tax credits 2,720,461 3,253,722 Foreign tax credit 122,102 279,351 Child care credit 728,077 405,718 Credit for the elderly or disabled --Education credit 357,936 312,660 Retirement savings contribution credit 233,842 31,066 Residential energy credits 247,223 56,150 Child tax credit 1,981,643 2,041,296 Alternative motor vehicle credit * 10 * 18 Earned income credit used to offset income tax before credits 150,894 50,621 Minimum tax credit 11,516 12,987 General business credit 9,590 21,392 Empowerment zone and renewal community employment credit 1,057 4,810 Income tax after credits 3,056,607 26,290,736 Total income tax 3,056,607 26,290,736 Total tax liability 3,157,002 27,716,292 Total tax payments 4,464,102 38,959,830 Income tax withheld 4,194,446 31,889,180 Estimated tax payments 183,199 4,824,829 Overpayment refunded 3,980,928 15,561,546 Tax due at time of filing 452,657 2,929,693 * Estimate should be used with caution due to the small number of sample returns on which it is based. NOTE: Detail may not add to totals because of rounding.
Basic Tables 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
89
Table 2.3--All Returns: Exemptions by Type and Number of Exemptions, by Size of Adjusted Gross Income
Number of Size of adjusted gross income Number of returns Number of exemptions exemptions for taxpayers (1) (2) 275,256,944 13,594,847 14,789,260 19,526,046 19,703,873 19,004,738 17,047,316 15,013,013 13,190,097 11,882,510 10,782,579 10,547,543 9,474,139 24,801,813 29,937,280 34,219,151 9,008,457 1,727,892 432,991 181,815 275,826 70,750 45,008 174,414,838 100,842,106 (3) 181,770,971 10,213,103 10,185,562 12,471,642 12,805,773 12,104,115 10,921,774 9,728,251 8,819,117 7,842,002 7,187,865 6,935,748 6,402,942 16,627,333 19,771,328 22,254,680 5,766,271 1,087,089 276,190 117,077 178,886 45,426 28,799 128,266,831 53,504,140 Number of returns (4) 51,367,931 1,975,455 2,969,679 4,062,328 3,984,871 3,889,201 3,362,985 2,826,462 2,376,379 2,173,774 1,950,804 1,887,400 1,679,258 4,415,061 5,418,601 6,267,652 1,654,496 306,066 73,224 30,246 45,235 11,512 7,244 27,087,423 24,280,508 Number of exemptions (5) 93,485,973 3,381,744 4,603,698 7,054,404 6,898,100 6,900,623 6,125,542 5,284,762 4,370,980 4,040,508 3,594,714 3,611,795 3,071,197 8,174,481 10,165,952 11,964,471 3,242,186 640,803 156,801 64,738 96,940 25,324 16,209 46,148,006 47,337,966 Exemptions for dependents Total Total income tax Adjusted gross income less deficit Number of returns Amount (6) 3,688,689,632 -26,149,550 23,009,572 50,753,947 69,716,994 87,550,028 92,188,322 91,683,348 88,965,925 92,315,802 92,668,633 99,025,996 96,479,431 297,262,101 469,068,357 833,621,032 472,034,323 206,421,598 88,368,244 51,951,994 135,104,828 78,731,821 197,916,886 3,191,613,484 497,076,149 (7) 27,087,423 2,198 * 12 51,906 181,051 298,503 645,787 1,102,799 1,286,802 1,405,640 1,449,799 1,497,292 1,451,987 4,074,134 5,282,855 6,232,325 1,651,664 305,521 73,082 30,186 45,151 11,498 7,232 27,087,423 -(8) 437,839,973 39,603 *2 6,492 65,580 178,433 513,244 1,201,036 1,779,810 2,496,825 3,078,612 3,787,685 4,258,792 15,856,992 33,019,320 97,874,716 93,559,654 50,441,902 22,538,777 13,270,670 34,091,020 18,827,219 40,953,589 437,839,973 --
All returns, total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000 $45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
138,394,754 14,308,963 11,786,747 11,711,680 10,937,694 9,912,261 8,749,761 7,554,418 6,597,407 5,677,163 5,010,030 4,644,439 4,092,692 10,117,786 11,140,408 12,088,423 3,121,485 589,306 150,431 64,007 98,724 24,975 15,956 92,740,927 45,653,826
Exemptions for dependents--continued Exemptions for children at home Size of adjusted gross income Number of returns (9) All returns, total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000 $45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total Footnotes at end of table. 46,497,241 1,749,532 2,568,679 3,487,454 3,399,756 3,334,313 2,899,124 2,484,007 2,106,233 1,958,865 1,773,088 1,732,685 1,556,072 4,153,365 5,176,877 6,048,805 1,603,867 299,905 71,949 29,684 44,484 11,356 7,141 24,578,437 21,918,804 Number of exemptions (10) 82,277,150 2,891,925 3,869,145 5,904,609 5,640,801 5,647,622 4,972,126 4,373,850 3,692,274 3,524,850 3,140,204 3,209,418 2,790,295 7,558,083 9,602,169 11,361,349 3,120,378 624,687 153,726 63,430 95,254 24,978 15,977 41,523,939 40,753,211 Adjusted gross income less deficit (11) 3,496,693,785 -25,293,542 19,917,316 43,513,822 59,470,870 75,007,317 79,464,275 80,604,135 78,851,768 83,213,519 84,225,145 90,942,549 89,386,370 279,744,082 448,345,210 804,631,504 458,203,975 202,341,301 86,813,850 50,984,258 132,878,551 77,656,993 195,790,519 3,037,429,071 459,264,714 Total income tax Number of returns (12) 24,578,437 1,996 * 12 8,513 44,226 83,781 400,306 862,770 1,067,980 1,211,151 1,282,532 1,347,440 1,329,465 3,816,224 5,043,109 6,014,135 1,601,111 299,376 71,810 29,627 44,402 11,344 7,129 24,578,437 -Amount Number of returns (13) 421,275,534 38,657 *2 1,461 13,038 36,845 252,334 844,431 1,338,188 1,990,359 2,523,629 3,193,259 3,736,070 14,366,912 30,888,892 93,873,352 90,916,311 49,448,790 22,181,282 13,022,420 33,535,681 18,593,579 40,480,042 421,275,534 -(14) 638,886 * 13,475 21,023 27,807 24,032 34,726 39,481 38,505 31,168 31,283 40,698 40,196 18,927 59,532 93,331 98,583 20,398 4,016 838 352 369 87 60 492,042 146,844 Exemptions for children away from home Number of exemptions (15) 814,528 * 17,043 27,037 38,504 38,404 45,790 48,100 47,216 38,002 43,622 50,757 49,104 22,955 77,624 114,119 122,249 26,312 5,212 1,220 476 558 136 91 601,011 213,517 Adjusted gross income less deficit (16) 49,687,824 * -595,638 167,363 364,776 429,027 786,559 1,090,257 1,239,885 1,172,302 1,325,934 1,937,067 2,102,996 1,086,615 3,999,984 8,121,129 13,140,046 5,803,412 2,722,586 999,887 605,666 1,120,888 595,586 1,471,499 47,057,810 2,630,014 Total income tax Number of returns (17) 492,042 * 201 -4,066 637 14,203 31,143 26,207 25,717 27,516 31,471 37,915 17,006 59,507 91,875 98,509 20,360 4,006 837 351 369 87 60 492,042 -Amount
(18) 6,423,431 * 765 -625 337 5,160 30,526 31,333 52,985 67,286 101,561 140,591 65,225 331,239 760,803 1,797,215 1,180,681 684,123 236,568 164,845 291,220 137,095 343,249 6,423,431 --
90
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Table 2.3--All Returns: Exemptions by Type and Number of Exemptions, by Size of Adjusted Gross Income--Continued
Exemptions for dependents--continued Exemptions for parents Size of adjusted gross income Number of returns (19) Number of exemptions (20) 3,193,632 97,491 112,758 164,395 286,138 316,746 269,580 245,236 207,854 164,474 155,230 158,198 108,724 261,919 253,763 310,675 69,113 8,272 1,334 647 823 149 116 1,973,958 1,219,674 Adjusted gross income less deficit (21) 151,674,280 -1,003,447 764,817 1,804,026 4,255,851 6,022,485 6,237,434 6,746,064 6,809,377 5,979,279 6,419,007 6,970,803 5,340,367 14,430,776 18,800,475 33,554,380 15,937,224 4,536,647 1,302,286 947,054 2,123,956 903,145 2,792,276 129,188,032 22,486,248 Total income tax Number of returns (22) 1,705,172 *4 -16,321 78,452 124,797 112,077 127,695 115,179 107,578 104,870 106,715 83,504 195,455 214,286 251,314 57,478 6,868 1,098 545 705 129 102 1,705,172 -Amount Number of returns (23) 14,056,542 * 222 -1,813 27,639 78,878 119,511 172,493 213,697 249,319 307,843 335,537 312,480 876,558 1,452,230 3,937,257 3,030,307 1,100,124 301,832 244,939 515,955 197,014 580,893 14,056,542 -(24) 5,114,905 277,849 460,150 689,514 677,354 615,271 539,072 397,437 287,663 220,243 177,502 143,853 103,977 219,295 154,929 126,233 21,660 2,015 417 169 234 52 18 1,646,384 3,468,521 Exemptions for other dependents Number of exemptions (25) 7,200,662 375,284 594,759 946,896 932,757 890,466 835,737 618,460 432,851 307,562 248,524 195,076 149,223 276,854 195,901 170,199 26,383 2,632 522 185 305 62 25 2,049,098 5,151,565 Adjusted gross income less deficit (26) 161,744,575 -41,492 3,545,736 8,645,549 11,855,571 13,891,601 14,813,915 12,888,928 10,787,163 9,378,781 8,432,045 7,540,252 5,982,757 14,687,163 13,386,447 16,632,890 5,801,435 1,345,814 505,585 286,872 690,642 346,296 340,627 95,106,456 66,638,119 Total income tax Number of returns (27) 1,646,384 528 -23,006 63,423 95,114 139,730 170,705 171,124 152,465 135,425 112,502 86,849 200,330 145,778 124,900 21,619 2,007 414 168 232 51 18 1,646,384 -Amount
(28) 7,905,116 1,274 -2,592 25,830 64,556 134,257 225,029 276,243 331,019 314,966 342,591 307,695 924,768 1,035,876 2,007,643 1,083,502 304,098 130,584 67,318 160,705 84,799 79,772 7,905,116 --
All returns, total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000 $45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Taxable returns, total Nontaxable returns, total
2,698,088 74,653 97,278 143,201 242,583 267,037 228,074 207,264 181,782 141,145 135,128 132,743 92,539 215,693 219,231 252,675 57,598 6,877 1,101 549 707 130 102 1,705,172 992,916
Exemptions for dependents--continued Exemptions for individuals displaced by Hurricane Katrina Size of adjusted gross income Number of returns (29) All returns, total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $35,000 $35,000 under $40,000 $40,000 under $45,000 $45,000 under $50,000 $50,000 under $55,000 $55,000 under $60,000 $60,000 under $75,000 $75,000 under $100,000 29,742 * 2,114 * 1,000 * 1,295 * 2,570 * 2,015 * 2,008 * 2,007 -* 1,556 -* 1,148 * 625 * 2,628 * 3,678 Number of exemptions (30) 52,401 * 4,432 * 1,000 * 1,969 * 4,585 * 4,029 * 3,008 * 7,021 -* 1,556 -* 1,148 * 625 * 4,889 * 5,671 Adjusted gross income less deficit (31) 2,217,747 * -3,519 * 6,188 * 17,284 * 45,542 * 47,717 * 53,414 * 65,915 -* 63,520 -* 60,750 * 37,332 * 164,470 * 323,128 * 722,316 * 309,310 * 149,671 * 10,158 * 10,122 * 51,058 * 23,104 * 60,269 1,844,445 373,301 Number of returns (32) 14,870 ------* 1,007 -* 625 -* 1,148 -* 1,630 * 3,677 * 5,411 * 1,161 * 173 *8 *6 * 17 *3 *3 14,870 -Total income tax Amount
(33) 270,753 ------* 666 -* 1,387 -* 3,884 -* 9,700 * 29,072 * 104,462 * 49,715 * 36,311 * 1,432 * 2,688 * 12,997 * 3,148 * 15,293 270,753 --
$100,000 under $200,000 * 5,710 * 10,155 $200,000 under $500,000 * 1,173 * 1,754 $500,000 under $1,000,000 * 175 * 474 $1,000,000 under $1,500,000 *9 * 21 $1,500,000 under $2,000,000 *6 * 12 $2,000,000 under $5,000,000 * 17 * 37 $5,000,000 under $10,000,000 *3 * 11 $10,000,000 or more *3 *3 Taxable returns, total 14,870 25,182 Nontaxable returns, total 14,872 27,219 * Estimate should be used with caution because of the small number of returns on which it is based. NOTE: Detail may not add to totals because of rounding.
Basic Tables 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
91
Table 2.4--All Returns: Exemptions by Type and Number of Exemptions, by Marital Status
Exemptions for dependents Number Marital status of returns Number of exemptions Number of exemptions for taxpayers Number of returns (1) (2) 275,256,944 162,953,029 3,424,065 3,335,040 89,024 52,960,974 192,979 55,725,896 (3) 181,770,971 106,586,845 2,556,922 2,484,139 72,783 20,669,369 74,771 51,883,064 (4) 51,367,931 28,310,350 572,782 561,464 11,318 19,804,850 74,771 2,605,177 Number of exemptions (5) 93,485,972 56,366,184 867,143 850,901 16,241 32,291,606 118,208 3,842,832 Total Adjusted gross income less deficit (6) 3,688,689,632 2,982,628,368 36,571,846 36,009,818 562,028 592,476,436 3,462,218 73,550,765 Total income tax Number of returns (7) 27,087,423 19,695,804 406,396 397,500 8,896 6,089,801 32,077 863,345 (8) 437,839,973 393,353,289 5,050,869 4,989,297 61,572 32,668,083 336,150 6,431,582 Amount
All returns, total Joint returns of married persons Separate returns of married persons, total: Spouse filing Spouse not filing Returns of heads of household Returns of surviving spouses Returns of single persons
138,394,754 53,294,930 2,524,941 2,488,049 36,892 20,669,369 74,771 61,830,743
Exemptions for dependents--continued Exemptions for children at home Marital status Number of returns (9) All returns, total Joint returns of married persons Separate returns of married persons, total: Spouse filing Spouse not filing Returns of heads of household Returns of surviving spouses Returns of single persons Footnotes at end of the table. 508,634 499,472 9,162 16,893,683 73,763 1,566,834 757,511 743,437 14,074 25,823,924 115,871 2,203,086 33,422,960 32,988,062 434,898 507,734,701 3,438,562 37,399,374 354,714 347,974 6,740 4,823,889 32,076 303,761 4,677,554 4,634,800 42,754 27,784,560 336,146 2,925,946 27,073 25,056 * 2,017 83,351 * 42 285,664 35,356 33,327 * 2,029 102,087 * 42 366,758 1,566,098 1,485,581 * 80,517 4,082,273 * 30,753 16,156,229 22,600 20,582 * 2,017 50,594 * 42 229,447 213,919 208,319 * 5,601 393,140 * 7,691 2,017,590 46,497,241 27,454,327 Number of exemptions (10) 82,277,150 53,376,758 Adjusted gross income less deficit (11) 3,496,693,785 2,914,698,187 Total income tax Number of returns (12) 24,578,437 19,063,997 Amount Number of returns (13) 421,275,534 385,551,328 (14) 638,886 242,755 Exemptions for children away from home Number of exemptions (15) 814,528 310,285 Adjusted gross income less deficit (16) 49,687,824 27,852,472 Total income tax Number of returns (17) 492,042 189,359 Amount
(18) 6,423,431 3,791,091
92
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Table 2.4--All Returns: Exemptions by Type and Number of Exemptions, by Marital Status--Continued
Exemptions for dependents--continued Exemptions for parents Marital status Number of returns (19) Number of exemptions (20) 3,193,632 1,260,192 30,492 30,354 * 139 ** 1,658,832 ** 244,115 Adjusted gross income less deficit (21) 151,674,279 90,629,206 1,676,419 1,629,806 * 46,612 ** 53,021,322 ** 6,347,333 Total income tax Number of returns (22) 1,705,172 713,947 23,313 23,174 * 139 ** 867,492 ** 100,419 Amount Number of returns (23) 14,056,542 9,569,794 243,833 230,616 * 13,218 ** 3,675,719 ** 567,195 (24) 5,114,905 986,700 30,814 30,814 -3,378,126 * 2,294 716,970 Exemptions for other dependents Number of exemptions (25) 7,200,662 1,418,949 43,783 43,783 -4,706,764 * 2,294 1,028,873 Adjusted gross income less deficit (26) 161,744,575 56,310,780 1,300,749 1,300,749 -86,818,536 * 57,258 17,257,253 Total income tax Number of returns (27) 1,646,384 480,155 23,506 23,506 -888,186 -254,538 Amount
(28) 7,905,116 3,865,686 81,305 81,305 -2,897,676 -1,060,449
All returns, total Joint returns of married persons Separate returns of married persons, total: Spouse filing Spouse not filing Returns of heads of household Returns of surviving spouses Returns of single persons
2,698,088 1,036,344 27,039 26,900 * 139 ** 1,436,119 ** 198,586
Exemptions for dependents--continued Exemptions for individuals displaced by Hurricane Katrina Marital status Number of returns (29) All returns, total Joint returns of married persons Separate returns of married persons, total: Spouse filing Spouse not filing Returns of heads of household Returns of surviving spouses Returns of single persons ---* 8,326 -6,933 ---* 15,020 -13,393 ---* 180,717 -406,044 ---* 1,632 -* 2,296 ---* 2,053 -* 50,524 29,742 14,483 Number of exemptions (30) 52,401 23,988 Adjusted gross income less deficit (31) 2,217,746 1,630,985 Number of returns (32) 14,870 10,942 Total income tax Amount
(33) 270,753 218,176
* Estimate should be used with caution because of the small number of returns on which it is based. ** Data combined to avoid disclosure of specific taxpayer information. NOTE: Detail may not add to totals because of rounding.
Basic Tables 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
93
Table 2.5--Returns with Earned Income Credit, by Size of Adjusted Gross Income
All returns with earned income credit Size of adjusted gross income Number of returns Adjusted gross income less deficit EIC salaries and wages Number of returns (1) (2) 353,190,414 -4,938,495 190,176 690,168 1,543,860 2,610,072 3,465,866 4,522,978 5,707,652 7,361,946 9,311,663 9,010,064 10,474,271 13,858,978 9,664,354 9,589,239 10,023,624 9,474,348 11,518,646 11,705,099 11,674,944 11,700,347 68,587,796 69,655,827 65,786,992 (3) 20,527,260 118,043 241,157 376,764 531,232 622,999 641,459 704,042 737,008 810,378 880,488 797,132 880,789 976,443 661,848 613,209 611,642 550,787 641,544 624,181 590,463 566,584 2,935,200 2,457,756 1,956,112 (4) 317,181,701 900,953 316,403 686,182 1,447,112 2,189,918 2,863,099 3,809,329 4,615,366 5,652,900 6,646,543 7,094,113 8,513,416 9,935,247 7,418,446 7,771,710 8,414,815 8,096,493 10,135,023 10,292,165 10,632,515 10,559,777 63,589,987 64,616,686 60,983,502 Amount EIC self-employment income Number of returns (5) 5,223,745 126,060 132,038 97,835 126,192 172,182 200,558 191,236 224,029 283,311 398,212 257,300 244,325 415,709 236,002 191,993 163,582 140,376 137,705 130,561 99,799 98,400 422,164 384,722 349,455 (6) 33,463,920 467,534 89,207 166,544 289,364 500,361 700,494 713,636 1,114,564 1,622,229 2,426,391 1,611,736 1,568,257 3,452,706 1,950,962 1,544,314 1,309,387 1,197,956 1,068,982 1,088,401 797,117 748,566 3,220,155 3,242,947 2,572,111 Amount EIC earned income [1] Number of returns (7) 23,041,220 199,970 355,787 451,309 613,914 744,824 770,799 822,253 879,401 976,971 1,100,259 948,893 997,595 1,207,044 774,429 711,299 692,482 611,161 698,220 668,939 631,668 600,577 3,047,784 2,541,697 1,993,945 (8) 350,736,618 1,368,487 405,610 872,201 1,758,930 2,722,384 3,563,593 4,522,965 5,729,929 7,275,129 9,072,934 8,705,849 10,081,672 13,387,953 9,375,011 9,316,024 9,724,202 9,294,449 11,204,005 11,380,566 11,429,632 11,308,343 66,821,502 67,859,634 63,555,613 Amount Total earned income credit Number of returns (9) 23,042,200 199,970 355,787 451,309 613,914 744,824 770,799 822,253 879,401 976,971 1,100,259 948,893 997,595 1,207,044 775,409 711,299 692,482 611,161 698,220 668,939 631,668 600,577 3,047,784 2,541,697 1,993,945 (10) 44,387,566 186,363 72,721 158,643 338,138 546,272 701,634 922,165 1,148,015 1,659,472 2,053,375 1,865,211 2,131,094 3,159,608 2,509,548 2,448,490 2,492,245 2,116,416 2,369,458 2,109,104 1,899,580 1,646,759 6,927,664 3,614,755 1,310,836 Amount
Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over
23,042,200 199,970 355,787 451,309 613,914 744,824 770,799 822,253 879,401 976,971 1,100,259 948,893 997,595 1,207,044 775,409 711,299 692,482 611,161 698,220 668,939 631,668 600,577 3,047,784 2,541,697 1,993,945
All returns with earned income credit--continued Size of adjusted gross income EIC used to offset income tax before credits Number of returns (11) Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over Footnotes at end of table. 2,960,172 *9 ----* 637 --* 1,000 169,454 277,049 287,479 280,950 37,339 9,968 26,511 39,865 36,015 36,922 49,691 50,448 398,815 727,259 530,760 (12) 797,162 *3 ----* 90 --*4 4,604 27,750 34,216 12,572 1,199 2,284 4,193 9,195 10,654 10,542 18,405 27,341 202,245 316,809 115,055 Amount Total income tax Number of returns (13) 1,191,208 *9 --------* 650 10,897 258,245 271,061 28,378 -* 1,007 * 300 ---* 637 * 3,608 264,672 351,743 (14) 488,131 * 54 --------*6 475 23,538 67,279 8,744 -* 104 *4 ---* 42 * 729 130,363 256,794 Amount EIC used to offset all other taxes Number of returns (15) 4,874,407 99,751 67,307 91,084 123,346 161,486 189,270 182,676 217,739 281,687 388,311 259,469 195,049 369,767 238,482 175,840 158,041 138,480 126,494 128,122 96,207 96,001 426,698 349,837 313,265 (16) 4,518,182 59,979 15,746 21,213 31,105 52,044 75,069 82,950 112,270 202,367 326,455 203,397 205,071 488,250 289,317 253,252 236,321 206,856 187,393 185,585 136,049 136,850 506,835 338,544 165,263 Amount EIC refundable portion Number of returns (17) 20,268,821 137,223 305,848 385,960 532,013 631,727 656,866 712,948 759,973 887,591 1,021,257 858,914 711,859 910,610 725,642 698,805 684,437 605,815 686,564 656,536 611,573 586,707 2,922,994 2,117,333 1,459,628 (18) 39,072,222 126,381 56,975 137,430 307,033 494,228 626,476 839,214 1,035,745 1,457,101 1,722,316 1,634,064 1,891,807 2,658,786 2,219,032 2,192,953 2,251,731 1,900,365 2,171,411 1,912,977 1,745,125 1,482,568 6,218,585 2,959,402 1,030,518 Amount Nontaxable combat pay Number of returns (19) * 8,323 --* 2,022 * 1,650 * 2,007 --------* 1,645 -------* 1,000 --(20) * 90,997 --* 19,475 * 22,454 * 32,105 --------* 5,603 -------* 11,361 --Amount
94
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Table 2.5--Returns with Earned Income Credit, by Size of Adjusted Gross Income--Continued
Returns with no qualifying children Size of adjusted gross income Number of returns Adjusted gross income less deficit EIC salaries and wages Number of returns (21) (22) 28,022,255 -2,310,917 128,465 408,117 837,055 1,435,390 1,927,501 2,409,651 2,980,753 3,059,307 3,620,431 3,511,211 3,996,943 4,300,943 1,045,699 622,152 * 49,555 --------(23) 3,874,076 64,890 149,086 208,786 264,876 312,764 326,027 344,411 361,660 346,145 372,607 317,871 348,338 343,441 70,434 39,838 * 2,900 --------(24) 24,856,975 321,641 225,249 365,860 721,884 1,103,311 1,455,643 1,885,869 2,270,412 2,402,998 2,942,705 2,829,831 3,414,845 3,670,636 756,832 455,177 * 34,081 --------Amount EIC self-employment income Number of returns (25) 1,413,454 81,604 113,136 74,892 100,761 131,700 143,999 133,794 146,602 106,164 102,786 87,420 76,614 68,443 28,257 15,376 * 1,906 --------(26) 4,829,412 166,099 26,939 129,906 225,751 363,446 477,905 485,502 661,592 510,218 475,684 470,801 317,466 305,974 145,944 57,510 * 8,676 --------Amount EIC earned income [1] Number of returns (27) 4,809,712 124,762 248,328 270,085 336,192 410,292 428,232 437,742 460,002 408,054 426,538 370,499 380,745 374,275 84,250 46,185 * 3,531 --------(28) 29,686,412 487,740 252,187 495,766 947,659 1,466,757 1,933,548 2,371,372 2,932,005 2,913,215 3,418,389 3,300,633 3,732,311 3,976,610 902,777 512,688 * 42,756 --------Amount Total earned income credit Number of returns (29) 4,810,692 124,762 248,328 270,085 336,192 410,292 428,232 437,742 460,002 408,054 426,538 370,499 380,745 374,275 85,230 46,185 * 3,531 --------(30) 1,141,902 25,220 17,776 36,093 68,373 105,910 138,497 167,272 171,882 136,137 117,279 75,652 50,512 22,831 6,310 2,136 * 22 --------Amount
Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over
4,810,692 124,762 248,328 270,085 336,192 410,292 428,232 437,742 460,002 408,054 426,538 370,499 380,745 374,275 85,230 46,185 * 3,531 ---------
Returns with no qualifying children--continued Size of adjusted gross income EIC used to offset income tax before credits Number of returns (31) Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over Footnotes at end of table. 1,030,495 *3 ----* 637 --* 1,000 167,817 274,132 284,472 274,056 28,378 ----------(32) 78,374 * [2] ----* 90 --*4 4,552 27,423 33,849 12,309 148 ----------Amount Total income tax Number of returns (33) 569,234 *3 --------* 650 10,897 258,245 271,061 28,378 ----------(34) 100,044 *2 --------*6 475 23,538 67,279 8,744 ----------Amount EIC used to offset all other taxes Number of returns (35) 1,158,055 60,557 51,597 69,625 95,898 121,207 131,943 124,738 137,305 103,574 93,817 85,629 28,401 24,069 17,775 10,015 * 1,906 --------(36) 286,475 13,861 6,092 10,555 19,023 30,637 39,985 44,224 47,392 31,183 22,419 11,306 5,029 2,498 1,808 450 * 11 --------Amount EIC refundable portion Number of returns (37) 3,219,703 68,502 198,389 205,684 254,627 297,829 314,299 329,073 342,458 320,707 348,676 282,573 96,298 82,058 40,085 36,820 * 1,625 --------(38) 777,053 11,359 11,684 25,538 49,349 75,273 98,423 123,047 124,490 104,950 90,308 36,923 11,634 8,024 4,353 1,686 * 11 --------Amount Nontaxable combat pay Number of returns (39) * 650 ---* 650 --------------------(40) * 24 ---* 24 --------------------Amount
Basic Tables 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
95
Table 2.5--Returns with Earned Income Credit, by Size of Adjusted Gross Income--Continued
Returns with one qualifying child Size of adjusted gross income Number of returns Adjusted gross income less deficit EIC salaries and wages Number of returns (41) (42) 143,033,648 -1,126,192 34,636 170,518 427,540 713,220 963,067 1,303,524 1,549,195 2,615,514 3,909,985 3,051,737 3,258,972 3,573,992 3,836,654 3,988,629 4,613,581 4,719,700 5,506,200 5,919,681 5,835,370 6,303,831 33,805,364 32,708,186 15,350,743 (43) 8,037,576 23,550 54,315 99,729 158,337 190,514 201,374 219,268 204,099 261,463 329,816 272,133 270,628 274,775 276,089 270,047 289,401 281,296 311,848 324,594 297,751 315,003 1,459,612 1,169,153 482,779 (44) 130,798,157 209,557 62,739 174,395 435,157 683,719 897,936 1,168,292 1,244,332 1,748,855 2,333,324 2,466,508 2,628,805 2,910,648 3,263,621 3,578,571 4,072,398 4,237,973 4,982,097 5,477,665 5,385,179 5,870,911 31,765,858 30,750,331 14,449,286 Amount EIC self-employment income Number of returns (45) 1,606,598 22,482 8,957 14,391 18,084 22,479 28,573 39,615 51,419 134,578 229,054 86,519 74,861 67,349 63,449 58,411 55,518 52,872 58,531 48,722 41,362 43,230 168,750 144,549 72,842 (46) 10,025,342 174,953 14,311 31,049 39,019 75,632 116,000 172,322 321,151 861,872 1,561,853 519,472 526,431 565,830 518,275 318,920 399,660 391,424 355,510 254,866 289,010 185,018 1,024,057 991,789 316,920 Amount EIC earned income [1] Number of returns (47) 8,746,522 36,191 61,346 108,442 168,197 202,727 214,927 236,493 238,496 345,666 464,169 321,268 310,914 311,319 307,131 296,264 319,033 304,756 334,247 338,016 315,682 323,566 1,504,305 1,193,841 489,525 (48) 140,868,784 384,510 77,050 224,771 474,176 779,706 1,013,936 1,340,614 1,565,484 2,610,727 3,895,177 2,985,979 3,155,236 3,476,478 3,787,498 3,897,491 4,472,058 4,629,398 5,337,606 5,732,531 5,674,189 6,055,929 32,789,914 31,742,120 14,766,206 Amount Total earned income credit Number of returns (49) 8,746,522 36,191 61,346 108,442 168,197 202,727 214,927 236,493 238,496 345,666 464,169 321,268 310,914 311,319 307,131 296,264 319,033 304,756 334,247 338,016 315,682 323,566 1,504,305 1,193,841 489,525 (50) 16,077,700 59,842 25,722 68,368 149,963 251,495 327,423 436,682 510,465 867,928 1,249,968 853,060 833,403 836,054 823,284 799,074 851,648 790,438 832,810 785,824 687,114 655,303 2,333,446 936,609 111,779 Amount
Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over
8,746,522 36,191 61,346 108,442 168,197 202,727 214,927 236,493 238,496 345,666 464,169 321,268 310,914 311,319 307,131 296,264 319,033 304,756 334,247 338,016 315,682 323,566 1,504,305 1,193,841 489,525
Returns with one qualifying child--continued Size of adjusted gross income EIC used to offset income tax before credits Number of returns (51) Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over Footnotes at end of table. 1,594,629 ---------* 1,000 * 637 * 2,000 * 3,289 * 5,301 * 6,946 23,210 37,200 35,007 31,624 42,718 42,747 365,791 643,182 353,977 (52) 586,448 ---------* 24 * 85 * 362 * 126 * 558 * 1,460 2,798 8,862 10,524 10,350 16,738 25,055 182,968 272,592 53,944 Amount Total income tax Number of returns (53) 544,708 ---------------* 1,007 * 300 ---* 637 * 3,608 263,665 275,491 (54) 348,641 ---------------* 104 *4 ---* 42 * 729 130,349 217,412 Amount EIC used to offset all other taxes Number of returns (55) 1,527,960 20,582 6,065 13,538 18,443 23,551 28,604 39,336 52,509 137,124 230,936 89,347 72,912 67,063 69,639 50,042 51,805 51,942 52,688 47,511 41,216 40,767 173,243 116,031 33,067 (56) 1,496,790 22,252 2,147 7,618 8,799 11,659 17,746 26,568 45,937 133,183 239,951 95,964 86,613 86,983 83,437 66,367 76,034 69,456 67,126 49,671 46,754 37,110 144,179 62,023 9,213 Amount EIC refundable portion Number of returns (57) 7,971,103 32,228 61,346 107,495 168,197 202,093 214,927 235,855 237,265 344,659 463,238 319,216 310,277 308,370 303,378 293,736 312,933 301,925 323,342 327,013 299,106 312,918 1,434,133 866,188 191,266 (58) 13,994,462 37,590 23,575 60,750 141,164 239,837 309,677 410,114 464,527 734,745 1,009,994 757,011 746,427 748,945 739,289 731,246 772,816 712,120 755,160 725,803 623,621 593,138 2,006,298 601,993 48,622 Amount Nontaxable combat pay Number of returns (59) * 3,652 --* 1,007 -* 1,000 --------* 1,645 ----------(60) * 45,285 --* 19,327 -* 20,355 --------* 5,603 ----------Amount
96
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Table 2.5--Returns with Earned Income Credit, by Size of Adjusted Gross Income--Continued
Returns with two or more qualifying children Size of adjusted gross income Number of returns Adjusted gross income less deficit EIC salaries and wages Number of returns (61) (62) 182,134,511 -1,501,386 27,075 111,533 279,266 461,462 575,298 809,803 1,177,704 1,687,125 1,781,247 2,447,116 3,218,356 5,984,043 4,782,000 4,978,459 5,360,487 4,754,648 6,012,446 5,785,418 5,839,574 5,396,516 34,782,431 36,947,642 50,436,249 (63) 8,615,608 29,602 37,755 68,249 108,019 119,721 114,058 140,362 171,249 202,771 178,065 207,127 261,824 358,227 315,325 303,324 319,341 269,491 329,695 299,587 292,711 251,582 1,475,587 1,288,603 1,473,333 (64) 161,526,569 369,755 28,415 145,927 290,071 402,887 509,520 755,168 1,100,621 1,501,047 1,370,515 1,797,775 2,469,765 3,353,963 3,397,993 3,737,961 4,308,336 3,858,520 5,152,926 4,814,500 5,247,337 4,688,867 31,824,129 33,866,355 46,534,216 Amount EIC self-employment income Number of returns (65) 2,203,693 21,974 9,945 8,552 7,348 18,003 27,986 17,827 26,008 42,569 66,371 83,361 92,850 279,917 144,296 118,206 106,158 87,503 79,174 81,840 58,438 55,170 253,414 240,173 276,613 (66) 18,609,165 126,482 47,958 5,590 24,594 61,284 106,590 55,812 131,820 250,140 388,854 621,463 724,360 2,580,901 1,286,742 1,167,883 901,051 806,532 713,473 833,535 508,106 563,548 2,196,098 2,251,159 2,255,191 Amount EIC earned income [1] Number of returns (67) 9,484,987 39,017 46,113 72,782 109,526 131,805 127,640 148,019 180,903 223,251 209,551 257,126 305,936 521,450 383,048 368,850 369,918 306,405 363,973 330,923 315,986 277,011 1,543,479 1,347,856 1,504,420 (68) 180,181,423 496,238 76,373 151,665 337,095 475,921 616,110 810,980 1,232,441 1,751,187 1,759,369 2,419,237 3,194,125 5,934,865 4,684,736 4,905,845 5,209,387 4,665,051 5,866,399 5,648,035 5,755,443 5,252,414 34,031,588 36,117,514 48,789,407 Amount Total earned income credit Number of returns (69) 9,484,987 39,017 46,113 72,782 109,526 131,805 127,640 148,019 180,903 223,251 209,551 257,126 305,936 521,450 383,048 368,850 369,918 306,405 363,973 330,923 315,986 277,011 1,543,479 1,347,856 1,504,420 (70) 27,167,964 101,301 29,223 54,182 119,803 188,866 235,714 318,211 465,669 655,407 686,128 936,499 1,247,179 2,300,722 1,679,954 1,647,280 1,640,575 1,325,978 1,536,648 1,323,281 1,212,466 991,456 4,594,218 2,678,147 1,199,057 Amount
Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over
9,484,987 39,017 46,113 72,782 109,526 131,805 127,640 148,019 180,903 223,251 209,551 257,126 305,936 521,450 383,048 368,850 369,918 306,405 363,973 330,923 315,986 277,011 1,543,479 1,347,856 1,504,420
Returns with two or more qualifying children--continued Size of adjusted gross income EIC used to offset income tax before credits Number of returns (71) Total No adjusted gross income $1 under $1,000 $1,000 under $2,000 $2,000 under $3,000 $3,000 under $4,000 $4,000 under $5,000 $5,000 under $6,000 $6,000 under $7,000 $7,000 under $8,000 $8,000 under $9,000 $9,000 under $10,000 $10,000 under $11,000 $11,000 under $12,000 $12,000 under $13,000 $13,000 under $14,000 $14,000 under $15,000 $15,000 under $16,000 $16,000 under $17,000 $17,000 under $18,000 $18,000 under $19,000 $19,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 and over 335,047 *7 --------* 637 * 2,279 * 1,007 * 3,605 * 3,659 * 3,022 * 3,302 * 2,664 * 1,007 * 5,298 * 6,973 * 7,701 33,024 84,077 176,783 (72) 132,341 *3 --------* 28 * 241 *6 * 137 * 493 * 824 * 1,395 * 333 * 130 * 193 * 1,667 * 2,286 19,277 44,217 61,111 Amount Total income tax Number of returns (73) 77,266 *7 ---------------------* 1,007 76,252 (74) 39,447 * 52 ---------------------* 13 39,382 Amount EIC used to offset all other taxes Number of returns (75) 2,188,392 18,612 9,645 7,921 9,005 16,729 28,723 18,602 27,924 40,989 63,558 84,493 93,735 278,635 151,068 115,783 104,330 86,538 73,806 80,611 54,992 55,234 253,455 233,806 280,198 (76) 2,734,917 23,866 7,507 3,041 3,283 9,748 17,338 12,158 18,940 38,001 64,086 96,127 113,428 398,769 204,072 186,435 160,276 137,400 120,267 135,914 89,295 99,740 362,655 276,521 156,050 Amount EIC refundable portion Number of returns (77) 9,078,015 36,492 46,113 72,782 109,189 131,805 127,640 148,019 180,251 222,225 209,342 257,126 305,283 520,181 382,179 368,249 369,879 303,890 363,222 329,523 312,467 273,790 1,488,861 1,251,145 1,268,362 (78) 24,300,707 77,432 21,716 51,142 116,520 179,118 218,376 306,053 446,728 617,406 622,014 840,130 1,133,745 1,901,816 1,475,390 1,460,020 1,478,904 1,188,245 1,416,251 1,187,174 1,121,504 889,429 4,212,287 2,357,409 981,896 Amount Nontaxable combat pay Number of returns (79) * 4,022 --* 1,015 * 1,000 * 1,007 ----------------* 1,000 --(80) * 45,688 --* 148 * 22,430 * 11,750 ----------------* 11,361 --Amount
* Estimate should be used with caution because of the small number of returns on which it is based. [1] For prior year returns, EIC earned income includes nontaxable earned income. [2] Less than $500. NOTE: Detail may not add to totals because of rounding.
(All figures are estimates based on samples--money amounts are in thousands of dollars) Adjusted gross income Amount (4) 3,606,296,025 177,681 500,506,918 1,042,067,831 1,210,807,018 711,375,195 141,361,382 Business or profession net income less loss Amount (16) 6,314,045 -* 1,933 1,328,202 2,737,891 3,065,126 2,247,207 1,031,564 Rent and royalty net loss Number of returns (29) 3,608,366 ** ** 345,834 772,000 12,579,900 17,622,919 24,919,676 1,065,905 862,088 562,539 Amount (30) 42,566,634 ** ** 4,043,208 9,248,201 12,674,566 10,406,291 6,194,369 53,111,983 19,594,645 73,230,281 44,525,026 14,493,653 1,335,113 3,111,557 4,122,200 3,729,681 3,778,217 * 3,626 30,844 * 95,816 959,164 2,380,600 2,177,386 701,079 10,411,923 204,959,216 16,107,612 (17) (18) (19) (20) 692,366,058 1,586,778 23,774,629 97,722,994 171,812,035 187,821,918 209,647,703 Farm rental net income less loss Number of returns (31) 284,440 -2,313 17,550 51,254 72,742 140,580 Amount (32) 1,583,611 -818 13,194 150,356 203,961 1,215,282 Number of returns Amount Number of returns Amount Sales of capital assets, net gain less loss 6,062,600 61,680,931 1,654,505 32,410,228 4,390,460 7,401,751 40,298,406 1,026,054 14,919,830 4,380,181 9,361,728 32,744,951 881,110 10,569,116 4,880,392 7,435,715 19,706,109 473,449 3,543,150 3,556,546 15,121,699 32,187,741 39,957,282 73,080,206 3,831,120 4,961,424 176,769 1,105,381 1,474,325 4,150,868 32,132 192,226 10,654 132,875 34,175 354,781 34,125,046 159,584,048 4,222,541 62,680,581 18,716,079 164,852,577 (5) (6) (7) (8) (9) (10) (11) 16,016,413 30,474 1,246,572 2,992,601 4,101,523 3,755,532 3,889,710 Amount Amount Amount less deficit (2) 5,703,411,397 2,961,856 6,635 7,418,676 11,422,287 12,526,429 8,236,208 2,632,395 Alimony received Number of returns (15) 241,090 -* 2,560 37,153 101,012 79,584 20,781 Rent and royalty net income Number of returns (27) 3,478,166 3,437 149,083 464,187 884,830 949,344 1,027,286 44,083 1,223,385 4,822,149 61,212,112 (28) Amount 569,734,588 1,327,481,011 1,696,073,197 1,270,827,219 836,333,526 42,242,629 (3) Number of returns Number of returns Number of returns Number of returns Number of returns Salaries and wages Taxable interest Tax-exempt interest Ordinary dividends Qualified dividends Amount (12)
Table 2.6--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Age
Number of (1)
Age [1]
returns
Basic Tables 2006
All returns, total 41,981
49,123,555
116,974,712 250,159 2,729,251 10,149,765 21,900,119 27,673,584 54,271,833 Taxable IRA distributions
Under 18
18 under 35
7,640,198
35 under 45
11,934,090
45 under 55
13,217,023
55 under 65
9,504,981
65 and over State income tax refunds Amount (14) 22,831,386 8,921 2,358,544 5,761,168 7,025,721 4,976,670 2,700,363
6,785,281
Age [1]
Sales of property other than capital assets, net gain less loss Number of returns (21) 1,162,514 1,308 89,377 243,453 328,734 267,190 232,451 Amount (22) 4,612,509 1,305 471,866 864,492 1,090,445 1,317,070 867,332 Partnership and S Corporation net income less loss Number of returns (33) 5,599,312 10,203 467,051 1,327,945 1,623,081 1,279,935 891,097 Amount (34) 431,469,010 449,849 18,614,873 97,837,938 147,014,346 110,170,025 57,381,979
Number of returns (13)
Number of returns (23) 4,829,457 ** ** 147,375 396,787 560,283 905,793 2,819,218
Amount (24) 80,887,147 ** ** 959,686 4,551,926 7,710,814 19,585,303 48,079,419 Estate and trust net income less loss Number of returns (35) 416,705 3,638 32,487 33,940 84,022 98,133 164,486 Amount (36) 15,704,443 98,791 1,275,866 1,482,207 2,712,389 3,522,596 6,612,594
All returns, total 8,299
20,973,322
Under 18
18 under 35
3,013,321
35 under 45
5,660,821
45 under 55
6,355,033
55 under 65
4,182,819
65 and over Taxable pensions and annuities Amount (26) 251,431,238 * 22,158 3,097,254 9,372,809 23,242,985 89,876,890 125,819,143
1,753,029
Age [1]
Number of returns (25)
All returns, total * 1,666 449,083 951,067
11,029,556
Under 18
18 under 35
35 under 45
45 under 55
1,519,666
55 under 65
3,353,605
65 and over
4,754,469
Footnotes at end of table
97
98
(All figures are estimates based on samples--money amounts are in thousands of dollars) Farm net income less loss Amount (38) -7,515,850 2,604,896 -27,915 88,924 833,540 2,779,134 12,213,310 70,146,381 2,514 132,632 619,631 14,007 918,747 789,728 24,815 1,610,167 928,338 6,253,542 6,357,008 5,376,448 22,353 1,459,811 707,625 4,896,959 10,586 621,868 359,883 1,997,183 --1,801 5,254 457,971 743,869 793,269 509,811 99,976 Total itemized deductions Itemized deductions limitation Number of returns (50) 6,789,435 3,338 19,246 1,418,993 6,849,338 10,897,594 9,142,618 6,824,455 Total Itemized deductions--continued Taxes paid deduction Total Total Amount (59) 432,774,100 46,915,714 32,104 7,206,140 11,406,649 12,746,734 9,159,092 6,364,994 145,799 42,809,334 101,686,010 129,716,002 96,983,287 61,433,668 265,306,032 124,390 26,820,839 62,069,182 80,819,058 59,989,680 35,482,882 (60) (61) Number of returns Amount Number of returns (62) 35,666,458 30,801 5,913,062 9,167,511 10,281,827 6,955,326 3,317,932 State and local taxes Income tax Amount (63) 246,381,591 123,240 24,721,368 58,065,513 76,014,435 55,933,709 31,523,327 General sales tax Number of returns (64) 11,249,256 1,303 1,293,079 2,239,138 2,464,907 2,203,767 3,047,062 Amount (65) 18,924,441 1,150 2,099,471 4,003,670 4,804,623 4,055,972 3,959,555 3,969,407 41,338,507 3,969,407 2,225,582 12,250,765 2,225,582 1,826,623 8,539,431 1,826,623 1,351,670 5,464,019 1,351,670 832,085 2,940,563 832,085 5,697,508 10,780,701 16,037,998 21,516,145 56,144,536 3,426 170,987 3,426 186,035 444,225 1,611,472 2,226,305 1,573,236 930,858 35,152,244 10,208,792 70,704,272 10,208,792 110,362,922 (51) (52) (53) (54) (55) (56) 10,207,311 3,426 832,086 1,351,670 1,826,623 2,224,950 3,968,556 Amount Number of returns Amount Number of returns Amount Number of returns Medical and dental expenses deduction Medical and dental expenses Medical and dental expenses limitation Amount (57) 39,659,600 15,047 2,757,895 5,316,682 7,498,567 9,265,380 14,806,029 373,160 5,304,449 2,382,072 1,291,751 3,342,229 292,159 3,236,925 90,114 1,675,072 12,878 -3,382 11,009,458 6,994,732 86,089,204 74,275 4,743,225 3,407,006 24,886,393 --362,722 -1,237,810 -1,997,387 -2,204,022 -1,713,909 16,945,059 3,545 2,999,107 4,153,386 5,046,361 3,443,327 1,299,333 (39) (40) (41) (42) (43) (44) (45) (46) (47) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (48) 83,337,280 11,038 6,010,394 16,985,491 29,224,042 23,248,190 7,858,124 Unemployment compensation Taxable social security benefits Foreign-earned income exclusion Other income less loss Total statutory adjustments
Table 2.6--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Age--Continued
Age [1]
Number of returns (37) 756,895 -58,168 132,092 219,624 185,035 161,976
All returns, total
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
Age [1]
Total in taxable income (49)
All returns, total 572,514
1,229,237,288
Under 18
18 under 35
143,883,827
Individual Returns 2006
35 under 45
295,652,384
45 under 55
340,806,837
55 under 65
252,919,890
65 and over
195,401,837
Age [1]
Number of returns (58)
All returns, total 34,385
48,660,923
Under 18
18 under 35
7,509,385
35 under 45
11,836,438
45 under 55
13,141,955
55 under 65
9,463,312
65 and over
6,675,448
Footnotes at end of table
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total Itemized deductions--continued Taxes paid deduction--continued Real estate taxes Total Amount (71) 2,125,666 * 668 163,824 407,464 595,541 556,108 402,060 Total Itemized deductions--continued Interest paid deduction--continued Deductible points Number of returns (80) 2,970,713 -118,256 630,757 4,597,777 5,983,763 6,850,308 6,550,429 295,834 695,444 1,021,230 672,572 285,634 174,656 433,478 419,953 458,674 722,998 470,629 774,191 356,360 500,062 95,365 -5,382 2,591,861 1,819,888 24,731,289 41,437,749 11,210 5,563,112 9,842,057 11,466,845 8,490,719 6,063,805 (81) (82) (83) (84) Amount Number of returns Amount Number of returns Amount (85) 186,646,644 49,888 12,545,645 31,688,730 48,296,694 44,736,831 49,328,855 Limited miscellaneous deductions Casualty or theft loss deduction Total after limitation Number of returns (93) 5,135,555 -368,802 43,096 56,497 39,882 39,029 910,814 2,241,181 821,951 792,806 (94) 12,313,749 15,882 2,655,908 3,099,710 3,201,159 2,106,702 1,234,387 Amount (95) 76,666,241 75,035 17,220,085 18,803,804 18,946,000 12,948,578 8,672,738 Unreimbursed employee business expense Number of returns (96) 15,985,244 * 937 3,287,231 4,345,403 4,653,857 2,900,211 797,604 Amount (97) 75,600,830 * 4,423 18,799,487 21,610,325 20,635,659 11,869,407 2,681,529 Tax preparation fees Number of returns (98) 20,810,174 7,852 3,033,829 4,845,035 5,481,596 4,163,524 3,278,337 Amount (99) 5,758,548 4,260 549,741 1,044,965 1,381,221 1,243,013 1,535,348 Investment interest expense deduction Total Contributions deduction Cash contributions Number of returns (86) 38,942,196 10,099 4,942,366 9,038,688 10,845,239 8,172,962 5,932,842 Amount (87) 144,223,015 31,773 9,614,175 24,160,555 37,883,735 34,056,459 38,476,318 Other than cash contributions Number of returns (88) 24,748,231 1,511 3,466,409 6,279,053 7,072,154 4,966,267 2,962,837 Amount (89) 52,631,443 9,432 2,899,454 6,700,991 10,523,332 11,506,035 20,992,197 3,647,447 35,603,393 3,424,941 8,002,205 87,166,070 7,893,095 11,859,215 138,410,304 11,794,451 10,790,544 140,836,033 10,761,797 5,977,171 68,312,099 5,954,130 67,181,280 135,464,065 131,703,543 79,895,810 28,878,307 8,345 146,946 * 2,967 * 28,690 40,284,927 470,474,844 39,831,381 443,151,695 (72) (73) (74) (75) (76) 39,441,507 * 2,967 5,891,416 10,670,936 11,686,991 7,806,091 3,383,107 Number of returns Amount Number of returns Amount Number of returns Amount (67) 156,384,349 * 20,734 * 143 320,549 676,070 867,136 719,139 488,370 14,557,536 3,084,522 5,224,004 6,100,029 4,321,658 2,740,168 936,944 1,776,414 2,718,243 2,259,311 1,267,134 36,950,053 45,583,160 34,661,084 24,611,782 * 11 *6 21,470,392 8,958,052 3,071,407 (68) (69) (70) Number of returns Amount Number of returns Personal property taxes Other taxes Total Home mortgage interest Paid to financial institutions Amount (77) 437,057,932 * 28,671 66,282,158 134,036,399 129,907,927 78,561,178 28,241,598 Interest paid deduction
Table 2.6--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Age--Continued
Age [1]
Number of returns (66)
Basic Tables 2006
All returns, total * 4,289
42,584,481
Under 18
18 under 35
5,572,996
35 under 45
10,379,247
45 under 55
11,987,907
55 under 65
8,765,889
65 and over
5,874,153
Age [1] Paid to individuals Amount (79) 6,093,762 ** ** 899,141 1,427,666 1,795,616 1,334,631 636,709
Home mortgage interest--cont.
Number of returns (78)
All returns, total **
1,147,219
Under 18
18 under 35 281,350 345,497 265,919 111,177
** 143,276
35 under 45
45 under 55
55 under 65
65 and over
Total Itemized deductions--continued
Contributions deduction--cont. Carryover from prior years Amount (91) 25,122,432 206,287 -27,783 11,358 156,853 2,412,385 2,107,413 3,807,511 16,626,912 (92) Number of returns Amount
Age [1]
Number of returns (90) 511,699 1,011 42,777 82,584 125,647 105,031 154,650
All returns, total
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
99
65 and over
Footnotes at end of table
100
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total Itemized deductions--continued Limited miscellaneous deductions--continued Gambling loss deduction Number of returns (104) 1,060,601 -55,897 151,457 286,688 345,100 221,460 Income tax before credits Number of returns (116) 45,257,612 35,681 7,125,523 11,159,901 12,456,872 8,860,295 5,619,340 209,008,300 126,495,577 273,314,165 193,443,809 68,672,842 519,736 17,352 3,801,723 7,344,841 5,871,227 2,765,775 1,691,595 871,454,428 21,492,514 (117) (118) (119) 34,178,844 13,286 5,700,038 13,445,021 9,316,644 3,918,347 1,785,507 Amount Number of returns Amount Total tax credits 4,354,046 80,587 478,431 6,459,084 137,263 632,477 473,656 301,247 4,897,601 136,979 608,749 415,112 2,559,422 117,672 533,012 268,013 829,991 89,591 269,527 145,076 1,106,292 3,112,312 5,554,819 7,155,025 5,056,325 Income tax after credits Number of returns (120) 42,402,082 34,371 6,337,141 9,966,122 11,798,730 8,698,615 5,567,103 Amount (121) 837,275,584 506,450 62,972,804 179,998,788 263,997,521 205,089,953 124,710,070 -2,409 3,104 2,409 3,104 19,100,144 564,501 2,525,301 1,605,514 21,987,875 (105) (106) (107) (108) (109) (110) 119,049,156 * 5,952 17,317,118 36,863,842 35,413,252 18,669,768 10,779,224 Amount Number of returns Amount Number of returns Amount Number of returns than gambling deduction Amount (111) 378,007,545 * 19,535 56,532,207 117,461,244 111,291,657 58,670,548 34,032,354 Total income tax Number of returns (122) 42,402,082 34,371 6,337,141 9,966,122 11,798,730 8,698,615 5,567,103 Amount (123) 837,277,177 506,450 62,972,804 179,998,788 263,999,057 205,090,009 124,710,070 deductions other miscellaneous Miscellaneous Total unlimited Exemptions Miscellaneous deductions subject to 2% AGI limitation Number of returns (102) 28,432,625 19,977 4,522,781 6,773,412 7,601,313 5,526,571 3,988,572 Alternative minimum tax Number of returns (114) 3,808,616 8,202 240,295 994,520 1,272,098 783,743 4,987,204 6,128,941 4,146,643 943,898 15,069 20,894,160 (115) Amount 14,105,306 20,328,737 28,389,133 26,450,175 21,466,083 92,786 110,832,221 (103) Amount
Table 2.6--Returns with Itemized Deductions: Sources of Income, Adjustments, Itemized Deductions by Type, Exemptions, and Tax Items, by Age--Continued
Age [1]
Other limited miscellaneous deductions Amount (101) 29,472,844 84,103 2,116,855 3,794,886 6,372,253 7,216,318 9,888,429
Number of returns (100)
All returns, total 17,731
9,484,460
Under 18
18 under 35
1,202,177
35 under 45
1,672,394
45 under 55
2,423,540
55 under 65
2,094,375
65 and over Taxable income
2,074,242
Age [1] Amount (113) 4,144,450,317 2,418,259 373,926,998 923,523,019 1,254,358,829 967,453,881
Number of returns (112)
All returns, total 34,242
45,237,593
Under 18
Individual Returns 2006
18 under 35
7,124,775
35 under 45
11,153,705
45 under 55
12,453,457
55 under 65
8,855,334
65 and over 5,616,081 622,769,332 509,759 4,672,406 * Estimate should be used with caution due to the small number of sample returns on which it is based. ** Data combined to avoid disclosure of information for specific taxpayers. [1] Age for joint returns was based on the primary taxpayer's age. NOTE: Detail may not add to totals because of rounding.
[All figures are estimates based on samples--money amounts are in thousands of dollars, except where otherwise indicated] Income tax before credits regular tax computation due to Amount computations (7) 419,499,609 19,731 558,816 2,453,565 5,346,923 8,971,513 12,090,886 29,380,711 31,870,452 82,049,505 67,547,352 105,171,199 43,530,488 12,866,394 4,578,779 2,396,978 6,501,066 1,978,024 2,187,226 ------------------------* 1,649 * 30 * 2,995 --* 136 ------------* 7,090 -* 819 --* 13,034 -------* 4,811 * 20,943 1,229,287 ** ** 1,658 -*7 * 1,312 *8 * 1,411 5,301 68,055 93,069 516,180 521,061 20,214 657 138 184 27 *5 (8) (9) (10) (11) alternative Number of returns Amount Number of returns Amount (12) 3,321,956 ** ** 174 -* 16 * 2,112 *3 * 719 11,150 69,048 112,131 880,999 2,021,633 177,795 25,656 4,310 11,772 3,805 * 633 Number of returns (4) 82,283,552 288,786 3,482,283 5,964,638 7,279,957 8,003,582 7,395,670 12,107,304 8,717,227 14,338,006 7,549,229 6,240,777 815,335 74,251 13,332 4,736 7,115 967 356 19,731 558,817 2,453,627 5,347,153 8,971,731 12,092,082 29,382,767 31,871,571 82,057,678 67,565,889 105,211,314 43,592,552 12,911,894 4,589,295 2,409,127 6,531,176 1,998,088 2,194,206 288,786 3,482,283 5,964,638 7,279,957 8,003,582 7,395,670 12,107,304 8,717,227 14,338,006 7,549,229 6,240,777 815,335 74,251 13,332 4,736 7,115 967 356 419,758,698 82,283,552 (5) (6) Amount Number of returns Tax generated Tax differences Taxes from special computation Alternative minimum tax
Table 3.1--Returns with Modified Taxable Income [1]: Adjusted Gross Income and Tax Items, by Type of Tax Computation, by Size of Adjusted Gross Income
Type of tax computation by size of adjusted gross income
Number of returns
Adjusted gross income
Modified taxable income
(1) 4,083,327,222 680,822 27,319,420 74,994,436 128,105,808 180,247,779 203,100,617 420,768,431 390,120,479 877,147,661 649,240,673 800,600,903 222,534,248 49,405,283 16,075,792 8,090,994 21,106,639 6,540,607 7,246,632 197,052 5,580,333 24,361,585 49,662,837 77,148,640 100,065,632 233,397,982 235,112,367 562,214,982 442,254,428 575,127,033 177,326,248 42,124,462 14,045,900 7,187,102 19,034,657 5,719,365 6,273,621 2,576,834,227
(2)
(3)
Basic Tables 2006
Total
Returns with regular tax computation only
82,283,552
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
288,786 3,482,283 5,964,638 7,279,957 8,003,582 7,395,670 12,107,304 8,717,227 14,338,006 7,549,229 6,240,777 815,335 74,251 13,332 4,736 7,115 967 356
Total 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 761 * 521 * 122 * 33 83 ** 20 ** 550,504 577,960 424,713 244,534 211,825 210,060 298,694 * 191,599 * 208,833 * 508,800 * 443,450 * 259,807 * 357,227 * 158,101 * 57,941 287,609 ** 159,310 ** 278,269 423,634 350,329 213,012 209,678 195,324 332,324 * 183,797 * 199,883 * 505,552 * 448,641 * 253,375 * 336,665 * 151,539 * 53,842 271,120 ** 150,666 ** 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 761 * 521 * 122 * 33 83 ** 20 ** 39,027 46,170 43,483 27,655 24,562 26,983 40,875 * 31,903 * 38,356 * 96,782 * 91,601 * 73,915 * 107,362 * 50,575 * 18,179 93,232 ** 52,324 ** 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 761 * 521 * 122 * 33 83 ** 20 ** 47,623 69,668 58,843 35,832 37,631 42,337 63,337 * 40,304 * 35,872 * 102,207 * 68,564 * 66,722 * 70,447 * 37,882 * 13,939 63,606 ** 30,844 **
Returns with Form 8615 tax computation 352,987 5,150,965 4,557,649 352,987 902,985 352,987 885,659
-17,326 8,596 23,498 15,360 8,177 13,069 15,354 22,462 * 8,401 * -2,484 * 5,426 * -23,038 * -7,193 * -36,915 * -12,693 * -4,240 -29,625 ** -21,480 **
--------------------
--------------------
7,455 -* 650 -* 1,299 * 673 * 650 * 650 * 625 * 624 * 1,986 --* 220 * 48 -* 27 ** 4 **
5,457 -* 53 -* 882 * 42 * 59 * 419 * 384 * 647 * 1,811 --* 491 * 291 -* 342 ** 34 **
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Total 328,024 1,785,090 5,721,208 9,580,116 15,612,899 21,402,547 53,315,013 77,681,270 264,414,700 300,997,440 783,551,617 644,323,895 329,250,983 153,276,254 93,020,432 246,181,098 143,922,080 351,534,132 73,041 400,241 1,421,172 3,129,258 5,783,818 8,838,806 26,006,088 42,708,861 157,775,224 190,741,817 525,236,537 441,772,583 224,899,699 100,774,620 59,353,929 151,623,407 80,082,059 156,807,186 111,011 242,149 452,701 545,920 691,658 774,299 1,519,769 1,723,174 4,242,132 3,468,933 5,687,194 2,213,703 484,755 126,768 54,002 82,486 20,987 13,076
Returns with Schedule D tax computation 3,495,898,798 2,177,428,346 22,454,716
22,454,716
718,631,459 15,628 68,368 197,873 442,355 818,782 1,309,110 3,779,834 6,623,279 26,806,712 33,797,175 114,413,162 135,163,659 88,966,725 44,892,947 27,989,726 76,242,725 45,474,554 111,628,845
22,454,716 111,011 242,149 452,701 545,920 691,658 774,299 1,519,769 1,723,174 4,242,132 3,468,933 5,687,194 2,213,703 484,755 126,768 54,002 82,486 20,987 13,076
611,385,367 11,468 54,123 168,989 378,009 725,292 1,150,340 3,418,595 6,077,079 24,869,995 31,508,122 107,019,167 121,345,632 76,975,222 37,817,421 23,213,317 62,056,547 35,326,266 79,269,782
-107,246,092 -4,160 -14,245 -28,883 -64,346 -93,490 -158,770 -361,238 -546,200 -1,936,716 -2,289,054 -7,393,996 -13,818,027 -11,991,503 -7,075,526 -4,776,409 -14,186,177 -10,148,288 -32,359,064
3,308 ----* 624 ---* 1,277 *8 * 1,023 * 313 * 41 *8 *3 *7 *3 --
15,840 ----* 225 ---* 9,778 * 34 * 57 * 4,527 *6 * 91 * 634 * 162 * 327 --
2,604,122 -----* 661 * 394 * 1,286 13,277 30,693 561,711 1,679,388 242,236 35,402 13,661 18,182 4,426 2,804
15,343,821 -----* 2,130 * 340 * 636 18,786 43,576 1,139,706 8,567,864 2,699,037 704,199 375,229 737,517 336,275 718,525
Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
111,011 242,149 452,701 545,920 691,658 774,299 1,519,769 1,723,174 4,242,132 3,468,933 5,687,194 2,213,703 484,755 126,768 54,002 82,486 20,987 13,076
101
Footnotes at end of table.
[All figures are estimates based on samples--money amounts are in thousands of dollars, except where otherwise indicated] Income tax before credits Number of returns (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) returns returns returns Modified taxable income (dollars) Adjusted gross income Amount of Amount of Amount of Amount income tax Number Number Number As a percentage of Average Total tax credits Income tax after credits Total income tax
Table 3.1--Returns with Modified Taxable Income [1]: Adjusted Gross Income and Tax Items, by Type of Tax Computation, by Size of Adjusted Gross Income--Continued
102
Type of tax computation by size of adjusted gross income
Returns with regular tax computation only 82,283,552 288,786 3,482,283 5,964,638 7,279,957 8,003,582 7,395,670 12,107,304 8,717,227 14,338,006 7,549,229 6,240,777 815,335 74,251 13,332 4,736 7,115 967 356 352,987 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 761 * 521 * 122 * 33 83 ** 20 ** 22,454,716 111,011 242,149 452,701 545,920 691,658 774,299 1,519,769 1,723,174 4,242,132 3,468,933 5,687,194 2,213,703 484,755 126,768 54,002 82,486 20,987 13,076 626,745,029 11,468 54,123 168,989 378,009 725,517 1,152,470 3,418,936 6,077,716 24,898,559 31,551,732 108,158,929 129,918,023 79,674,265 38,521,711 23,589,181 62,794,227 35,662,869 79,988,306 10,533,718 19,449 56,421 143,190 172,185 253,443 252,577 573,178 723,826 1,880,547 1,861,305 2,977,916 1,103,813 303,995 85,417 38,056 61,313 16,301 10,784 14,796,165 232 2,043 24,636 35,950 84,909 108,470 283,862 496,767 1,896,497 2,243,104 2,424,401 1,028,681 864,357 506,098 379,082 1,168,834 728,627 2,519,614 21,818,421 110,413 231,995 398,792 510,454 627,561 698,012 1,397,277 1,614,017 4,110,792 3,446,250 5,678,214 2,212,947 484,528 126,705 53,968 82,453 20,976 13,068 611,948,863 11,236 52,080 144,353 342,059 640,607 1,044,000 3,135,073 5,580,948 23,002,061 29,308,627 105,734,528 128,889,342 78,809,908 38,015,613 23,210,099 61,625,393 34,934,242 77,468,692 891,116 47,623 69,721 58,843 36,714 37,673 42,396 63,756 * 40,689 * 36,519 * 104,019 * 68,564 * 66,722 * 70,938 * 38,172 * 13,939 63,949 ** 30,878 ** 111,290 47,996 28,520 10,026 * 4,310 * 5,029 * 2,337 * 3,316 * 1,922 * 2,805 * 2,643 * 1,603 * 444 * 164 * 66 * 33 61 ** 15 ** 17,911 1,529 934 650 * 86 * 560 * 348 * 228 * 479 * 122 * 2,367 * 3,083 * 1,323 * 257 * 2,646 * 692 1,635 ** 973 ** 352,986 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 760 * 521 * 122 * 33 83 ** 20 ** 873,205 46,094 68,788 58,193 36,628 37,113 42,048 63,528 * 40,209 * 36,398 * 101,652 * 65,481 * 65,399 * 70,681 * 35,526 * 13,247 62,314 ** 29,905 ** 352,986 181,301 79,780 33,649 14,763 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 760 * 521 * 122 * 33 83 ** 20 ** 21,818,421 110,413 231,995 398,792 510,454 627,561 698,012 1,397,277 1,614,017 4,110,792 3,446,250 5,678,214 2,212,947 484,528 126,705 53,968 82,453 20,976 13,068 873,205 46,094 68,788 58,193 36,628 37,113 42,048 63,528 * 40,209 * 36,398 * 101,652 * 65,481 * 65,399 * 70,681 * 35,526 * 13,247 62,314 ** 29,905 ** 611,952,603 11,236 52,080 144,353 342,059 640,607 1,044,000 3,135,073 5,580,948 23,002,073 29,308,627 105,734,528 128,889,342 78,809,908 38,015,656 23,210,698 61,626,979 34,934,242 77,470,193 19.2 16.6 16.2 16.6 17.2 17.7 21.5 19.1 * 21.9 * 18.2 * 20.1 * 14.6 * 25.8 * 21.0 * 23.4 * 24.6 23.0 ** 19.8 ** 28.1 15.4 13.0 10.2 10.9 11.1 11.8 12.1 13.1 14.6 15.4 20.1 29.2 35.0 37.7 39.1 40.6 43.6 49.4 17.0 8.4 11.9 13.7 15.0 17.5 20.0 21.3 * 21.0 * 17.4 * 20.0 * 14.8 * 25.2 * 19.8 * 22.5 * 22.9 21.7 ** 18.8 ** 17.5 3.4 2.9 2.5 3.6 4.1 4.9 5.9 7.2 8.7 9.7 13.5 20.0 23.9 24.8 25.0 25.0 24.3 22.0 422,842,508 19,751 558,970 2,453,565 5,346,940 8,973,625 12,090,890 29,388,520 31,881,602 82,119,372 67,659,483 106,052,198 45,565,155 13,044,189 4,604,435 2,401,288 6,512,838 1,981,829 2,187,859 34,804,038 * 1,605 558,361 1,608,667 2,871,139 3,985,144 3,284,393 5,224,365 3,938,574 6,473,044 3,968,275 2,695,210 169,317 18,877 3,849 1,277 1,531 285 127 39,828,255 * 109 42,352 307,528 994,937 2,188,095 2,824,303 5,376,394 5,080,891 11,019,188 7,400,999 3,801,992 313,508 122,768 71,765 42,152 112,061 54,572 74,641 69,165,083 287,832 2,944,680 5,183,828 5,092,049 5,110,642 5,010,430 9,676,677 7,660,838 13,596,281 7,460,217 6,226,238 814,743 74,172 13,310 4,732 7,097 963 355 383,014,253 19,642 516,618 2,146,037 4,352,002 6,785,530 9,266,587 24,012,126 26,800,711 71,100,184 60,258,483 102,250,206 45,251,647 12,921,421 4,532,670 2,359,137 6,400,777 1,927,257 2,113,218 69,165,083 287,832 2,944,680 5,183,828 5,092,049 5,110,642 5,010,430 9,676,677 7,660,838 13,596,281 7,460,217 6,226,238 814,743 74,172 13,310 4,732 7,097 963 355 383,014,253 19,642 516,618 2,146,037 4,352,002 6,785,530 9,266,587 24,012,126 26,800,711 71,100,184 60,258,483 102,250,206 45,251,647 12,921,421 4,532,670 2,359,137 6,400,777 1,927,257 2,113,218 14.9 10.0 9.3 8.8 8.8 8.8 9.3 10.3 11.4 12.6 13.6 17.8 25.5 30.7 32.3 32.8 33.6 33.7 33.7 9.4 2.9 1.9 2.9 3.4 3.8 4.6 5.7 6.9 8.1 9.3 12.8 20.3 26.2 28.2 29.2 30.3 29.5 29.2 4,655 68 148 360 598 848 1,253 1,983 3,074 4,959 7,982 16,384 55,501 174,024 339,984 498,129 899,617 1,993,027 5,936,006 2,474 254 862 1,729 2,481 3,875 5,574 7,484 * 9,622 * 10,612 * 17,308 * 22,879 * 85,938 * 135,664 * 291,197 * 401,424 750,771 ** 1,495,250 ** 27,253 101 215 319 627 926 1,348 2,063 3,239 5,422 8,449 18,592 58,223 162,577 299,884 429,812 747,120 1,664,566 5,924,609
Individual Returns 2006
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Returns with Form 8615 tax computation Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Returns with Schedule D tax computation Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
* Estimate should be used with caution due to the small number of sample returns on which it is based. ** Data combined to avoid disclosure of information for specific taxpayers. [1] See section 4 for the definition of modified taxable income NOTE: Detail may not add to totals because of rounding.
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total income tax as a percentage of adjusted gross income Total Adjusted Number of returns gross income less deficit (2) 7,439,473,161 -3,730,093 25,495,646 72,134,324 100,369,887 131,704,447 159,017,821 389,433,125 418,586,587 1,097,416,752 947,433,910 1,600,506,040 2,501,104,714 1,023,920,139 269,895 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,395 90,019,371 209,381,101 544,318,726 27,078,038 665,655 3,249,848 4,917,439 2,899,898 1,961,574 1,998,056 3,528,931 2,308,988 3,738,257 1,345,488 421,892 42,012 882,883,495 1,632,702 24,628,454 61,614,637 49,173,472 44,131,335 54,962,102 121,851,093 103,688,130 227,974,453 114,103,387 50,275,179 28,848,552 25,473,486 31,483 559,651 1,710,582 1,577,191 989,281 1,517,017 3,579,716 2,851,687 6,689,838 3,716,158 1,636,484 614,397 12,999,940 70,991 33,651 758,576 2,494,625 1,053,374 444,986 1,718,507 1,590,959 2,607,001 1,652,740 547,198 27,332 (3) (4) (5) (6) (7) (8) 602,930,514 196,979 254,048 9,128,878 45,615,763 22,771,692 12,247,629 61,780,966 70,501,334 160,722,336 141,716,777 63,383,719 14,610,392 Total income tax Number of returns gross income less deficit Total income tax Number of returns gross income less deficit Adjusted Adjusted Under 5 percent 5 under 7 percent
Table 3.2--Returns with Total Income Tax: Total Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted Gross Income
Size of adjusted gross income
Basic Tables 2006
Total income tax
(1) 92,740,927 863,089 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 4,056,631
(9) 36,494,115 11,781 14,371 530,088 2,698,089 1,447,447 741,753 3,649,298 4,334,939 9,690,968 8,615,188 3,859,256 900,936
All returns
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Joint returns 40,551,555 2,918 * 1,023 * 1,058 364,714 991,346 1,020,444 2,630,643 3,283,227 10,194,158 8,496,260 10,133,172 3,432,592 5,089,627,143 -3,660,343 * 7,986 * 15,417 6,845,373 22,358,142 28,105,682 92,800,174 148,479,599 638,174,621 735,412,345 1,350,083,999 2,071,004,148 733,818,888 109,646 * 1,738 * 864 45,712 392,681 818,671 3,686,985 7,479,399 41,652,349 60,497,999 167,569,483 451,563,362 10,440,500 -* 12 * 1,007 363,652 990,793 1,018,892 1,809,953 1,466,335 3,116,268 1,256,279 385,805 31,504 549,123,706 -* 85 * 14,768 6,826,301 22,345,345 28,062,817 62,402,012 66,252,575 191,555,256 106,680,427 45,521,982 19,462,139 15,944,031 -*2 * 233 41,862 390,689 806,599 1,909,399 1,774,069 5,586,492 3,488,991 1,510,413 435,283 5,847,618 ----* 252 773 817,502 892,065 2,014,888 1,571,073 529,533 21,533 401,822,327 ----* 5,746 21,682 30,280,617 39,543,184 125,764,150 134,835,343 61,153,519 10,218,086 24,313,151 ----* 343 1,275 1,759,623 2,438,745 7,572,535 8,195,277 3,723,716 621,636
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Single returns 43,351,108 857,024 3,328,812 5,584,277 5,016,491 4,425,884 4,022,516 6,485,998 4,324,060 5,483,103 1,852,073 1,482,149 488,720 1,808,533,735 1,036,582 25,145,880 69,669,723 87,544,295 99,524,892 110,581,521 225,273,225 193,211,408 330,679,883 158,070,757 195,373,028 312,422,544 228,952,219 132,142 647,580 2,307,245 4,491,658 6,656,461 8,681,533 20,154,512 20,341,183 42,182,867 23,334,044 33,226,344 66,796,649 13,225,036 664,010 3,213,228 4,732,450 2,300,763 716,306 538,977 555,773 218,924 206,109 45,676 25,416 7,403 208,416,393 1,624,683 24,301,248 59,232,182 38,266,047 16,048,123 14,700,725 19,031,051 9,710,014 12,153,841 3,806,930 3,404,286 6,137,263 6,093,702 31,379 555,478 1,650,784 1,432,853 437,101 436,473 578,809 289,904 355,419 110,586 87,744 127,172 5,605,598 70,991 32,007 753,576 2,400,473 986,338 331,232 507,836 248,570 217,594 40,622 12,449 3,912 133,611,788 196,979 239,695 9,067,219 43,899,048 21,277,398 9,098,951 17,644,908 11,039,986 12,789,655 3,420,788 1,602,806 3,334,357 8,111,247 11,781 13,504 526,271 2,595,287 1,358,153 555,639 1,073,228 680,946 779,904 206,288 96,785 213,460
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
103
Footnotes at end of table.
104
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total income tax as a percentage of adjusted gross income--continued 7 under 10 percent Adjusted Number of returns gross income less deficit (11) 1,260,257,977 254,046 246,449 1,028,740 5,226,949 64,101,499 90,409,731 109,023,043 109,742,375 355,836,938 279,146,483 203,954,576 41,287,146 108,268,241 20,706 20,690 75,489 428,318 4,971,070 7,952,788 9,873,930 8,995,828 30,743,988 23,828,565 17,800,297 3,556,572 10,306,070 18,174 6,948 4,507 4,578 18,728 41,357 2,639,160 1,473,288 1,720,933 2,255,949 2,030,245 92,203 781,398,804 68,329 45,523 57,795 78,852 445,096 1,122,074 95,821,113 63,913,431 109,988,699 194,272,566 253,490,664 62,094,662 85,320,674 7,523 5,065 6,310 8,879 46,036 120,733 10,028,730 7,174,809 11,807,310 21,210,668 28,048,629 6,855,981 9,871,860 15,920 19,904 17,937 8,572 4,527 3,993 16,625 1,518,268 2,513,528 1,361,439 4,066,306 324,841 1,111,387,709 58,542 150,388 225,826 148,693 100,547 109,450 591,538 70,327,527 148,713,981 121,482,814 541,655,214 227,823,188 (12) (13) (14) (15) (16) (17) Total income tax Number of returns gross income less deficit Total income tax Number of returns gross income less deficit Adjusted Adjusted Total income tax 10 under 12 percent 12 under 15 percent
Table 3.2--Returns with Total Income Tax: Total Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
(10) 23,049,236 73,601 34,677 71,184 305,295 2,807,872 3,282,821 3,242,789 2,429,071 5,783,922 3,242,670 1,712,455 62,879
(18) 150,521,568 7,953 19,793 30,648 19,945 13,904 15,184 76,337 9,066,311 20,343,016 15,982,723 73,255,479 31,690,275
All returns
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Individual Returns 2006
Joint returns 10,073,536 ---* 40 * 206 * 437 1,000 921,191 4,447,990 3,016,412 1,634,975 51,285 805,751,359 ---* 663 * 5,040 * 11,763 34,704 42,516,518 277,362,779 260,040,254 194,263,033 31,516,604 69,079,377 ---* 52 * 382 * 999 2,890 3,237,983 24,000,782 22,166,894 16,951,084 2,718,310 4,596,359 -----* 192 411 577 609,885 1,985,612 1,919,390 80,292 505,661,792 -----* 5,560 14,649 26,399 43,165,973 171,465,421 239,692,291 51,291,499 55,304,906 -----* 578 1,622 2,924 4,438,049 18,675,937 26,518,525 5,667,271 4,658,797 ----* 12 -743 1,184 1,990 662,616 3,717,970 274,282 741,197,451 ----* 265 -27,287 54,549 121,656 62,020,732 498,125,549 180,847,413 100,381,360 ----* 36 -3,641 7,250 16,331 7,893,059 67,325,746 25,135,297
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Single returns 10,973,311 73,601 34,677 69,921 296,708 2,695,325 3,110,975 2,885,579 1,015,025 624,746 108,135 50,288 8,331 354,608,390 254,046 246,449 1,012,859 5,066,854 61,552,921 85,660,962 96,491,820 44,956,033 36,647,304 9,143,405 6,464,015 7,111,723 30,761,508 20,706 20,690 74,281 414,106 4,774,383 7,544,740 8,820,615 3,901,341 3,206,094 802,015 572,929 609,608 4,992,621 18,174 6,900 4,265 * 3,511 16,615 31,839 2,521,263 1,381,493 777,193 147,312 74,092 9,966 229,077,804 68,329 45,215 54,541 * 57,716 396,987 857,993 91,565,222 59,845,297 46,126,284 12,502,645 9,241,843 8,315,733 24,917,101 7,523 5,031 5,971 * 6,680 40,807 91,969 9,579,760 6,726,553 5,122,685 1,392,603 1,025,883 911,636 4,580,894 15,920 19,904 17,887 8,524 4,467 3,849 6,845 1,453,966 2,278,775 492,032 237,972 40,754 308,569,875 58,542 150,388 225,124 147,827 99,200 105,540 232,120 67,382,535 133,700,686 41,667,626 30,413,199 34,387,087 41,769,912 7,953 19,793 30,556 19,826 13,708 14,661 30,731 8,682,726 18,350,189 5,690,900 4,125,135 4,783,732
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Footnotes at end of table.
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total income tax as a percentage of adjusted gross income--continued 15 under 17 percent Adjusted Number of returns gross income less deficit (20) 677,462,581 * 24,016 * 49,601 * 12,568 36,922 51,652 * 7,824 46,590 158,885 80,630,671 43,610,496 258,276,392 294,556,963 107,914,814 * 3,799 * 7,837 * 2,059 5,861 8,291 * 1,285 7,499 24,900 12,799,660 6,982,235 41,106,222 46,965,166 4,613,128 * 5,555 13,791 * 2,307 * 4,638 2,479 2,934 4,918 3,873 188,183 612,431 1,521,574 2,250,445 1,252,843,385 * 22,155 100,709 * 29,302 * 77,345 56,265 82,054 179,066 180,112 13,478,902 52,876,266 228,197,135 957,564,074 255,942,882 * 4,185 20,918 * 6,733 * 15,648 10,907 15,139 36,416 38,760 2,341,851 9,610,327 43,290,510 200,551,488 702,169 * 106 * 2,309 * 1,324 *3 * 650 * 1,306 * 2,646 * 1,114 * 158 1,787 6,349 684,417 (21) (22) (23) (24) (25) (26) 567,201,442 * 363 * 20,341 * 16,596 * 61 * 13,554 * 36,403 * 92,803 * 47,556 * 9,841 151,051 1,047,113 565,765,758 Total income tax Number of returns gross income less deficit Total income tax Number of returns gross income less deficit Adjusted Adjusted 17 under 25 percent 25 under 30 percent
Table 3.2--Returns with Total Income Tax: Total Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
Basic Tables 2006
Total income tax
(19) 3,987,837 * 6,628 * 6,990 * 1,007 2,255 2,478 * 290 1,335 3,470 1,264,865 507,776 1,733,894 456,848
(27) 154,818,108 * 98 * 5,966 * 4,613 * 17 * 3,467 * 10,101 * 24,860 * 13,274 * 2,640 39,659 270,899 154,442,513
All returns
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Joint returns 1,804,381 ---*9 --[1] [1] 1,232 974 1,406,088 395,299 72,355,927 ---* 24 --[1] [1] 12,605 13,660 34,499,446 37,824,711 2,506,715 [1] [1] -* 1,007 --* 1,001 * 672 1,881 2,827 537,610 1,960,710 920,895,073 [1] [1] -* 18,149 --* 39,655 * 31,572 124,940 249,190 93,984,100 826,439,585 454,158,690 ---* 144 --[1] [1] 78,381 84,713 217,063,942 236,896,706 189,814,857 [1] [1] -* 3,556 --* 9,154 * 7,516 23,291 49,047 16,915,870 172,804,711 532,258 [1] [1] [1] *3 -[1] [1] [1] [1] * 324 473 530,903 468,794,942 [1] [1] [1] * 61 -[1] [1] [1] [1] * 24,815 75,341 468,673,493 127,924,245 [1] [1] [1] * 17 -[1] [1] [1] [1] * 6,767 19,641 127,892,350
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Single returns 1,953,572 * 6,628 * 6,990 * 1,007 * 2,195 2,478 * 195 [1] [1] 1,202,392 436,423 241,074 51,234 187,559,687 * 24,016 * 49,601 * 12,568 * 35,849 51,652 * 5,319 [1] [1] 76,601,597 37,264,824 30,498,826 42,890,698 29,881,774 * 3,799 * 7,837 * 2,059 * 5,686 8,291 * 880 [1] [1] 12,160,986 5,977,144 4,896,284 6,798,832 1,861,398 [1] [1] * 2,307 * 3,629 2,383 2,826 3,552 3,081 175,317 579,831 839,859 230,274 275,287,068 [1] [1] * 29,302 * 59,178 53,997 79,020 127,067 142,741 12,601,483 50,093,823 113,599,869 98,385,605 54,645,169 [1] [1] * 6,733 * 12,088 10,495 14,560 24,727 30,096 2,187,494 9,101,204 22,380,429 20,853,953 128,279 [1] [1] [1] -* 650 [1] [1] [1] [1] 1,259 939 117,204 70,958,874 [1] [1] [1] -* 13,554 [1] [1] [1] [1] 108,194 137,659 70,506,738 19,368,002 [1] [1] [1] -* 3,467 [1] [1] [1] [1] 27,889 36,682 19,246,538
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
105
Footnotes at end of table.
106
(All figures are estimates based on samples--money amounts are in thousands of dollars) Total income tax as a percentage of adjusted gross income--continued 30 under 50 percent Adjusted Number of returns gross income less deficit (29) 308,535,366 -* 60 * 19,425 * 11,121 * 31,362 * 36,790 * 46,307 * 26,862 * 56,133 * 50,442 180,570 308,076,294 98,604,941 -* 23 * 6,015 * 3,851 * 10,180 * 12,349 * 15,201 * 8,351 * 18,757 * 16,864 63,667 98,449,683 1,596 * 137 [1] *3 -* 69 [1] [1] [1] * 34 * 268 * 168 897 525,011 * 249 [1] * 30 -* 1,443 [1] [1] [1] * 2,122 * 22,832 * 29,271 468,537 319,471 * 140 [1] * 20 -* 1,107 [1] [1] [1] * 1,189 * 15,559 * 20,953 280,060 6,790 6,322 [1] * 40 * 41 -[1] [1] [1] * 49 * 10 * 154 * 10 -5,953,121 -5,987,474 [1] * 527 * 710 -[1] [1] [1] * 2,674 * 796 * 16,206 * 9,149 (30) (31) (32) (33) (34) (35) Total income tax Number of returns gross income less deficit Total income tax Number of returns gross income less deficit Adjusted Adjusted Total income tax 50 under 100 percent 100 percent or more
Table 3.2--Returns with Total Income Tax: Total Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
(28) 124,264 -*7 * 1,548 * 650 * 1,337 * 1,324 * 1,299 * 624 * 932 * 648 1,147 114,748
(36) 241,840 182,225 [1] * 573 * 1,478 -[1] [1] [1] * 4,179 * 1,423 * 28,704 * 11,654
All returns
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Individual Returns 2006
Joint returns 87,000 --*7 -[1] [1] --* 11 * 11 1,014 85,941 245,376,198 --* 80 -[1] [1] --* 727 * 957 159,741 245,214,360 78,249,431 --* 35 -[1] [1] --* 324 * 399 56,867 78,191,673 1,352 [1] -[1] -[1] [1] -[1] *4 * 128 * 165 834 476,554 [1] -[1] -[1] [1] -[1] * 234 * 10,236 * 28,800 435,114 289,924 [1] -[1] -[1] [1] -[1] * 168 * 7,084 * 20,552 260,466 3,039 [1] [1] * 40 *3 -[1] [1] [1] [1] *3 * 150 * 10 -3,630,950 [1] [1] * 527 * 54 -[1] [1] [1] [1] * 258 * 15,702 * 9,149 161,678 [1] [1] * 573 * 200 -[1] [1] [1] [1] * 882 * 27,623 * 11,654
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
Single returns 27,982 -*7 * 1,542 * 650 [1] [1] * 1,299 * 624 * 921 * 636 * 56 19,602 13,335,561 -* 23 * 5,980 * 3,851 [1] [1] * 15,201 * 8,351 * 18,433 * 16,465 * 3,391 13,241,470 41,623,253 -* 60 * 19,345 * 11,121 [1] [1] * 46,307 * 26,862 * 55,406 * 49,485 * 10,021 41,336,827 * 219 [1] [1] [1] -[1] [1] --* 30 * 140 -* 43 * 30,945 [1] [1] [1] -[1] [1] --* 1,888 * 12,498 -* 16,513 * 19,709 [1] [1] [1] -[1] [1] --* 1,021 * 8,408 -* 10,247 2,197 [1] [1] -* 38 -[1] -[1] [1] *7 *4 --1,210,342 [1] [1] -* 656 -[1] -[1] [1] * 538 * 504 -48,533 [1] [1] -* 1,279 -[1] -[1] [1] * 541 * 1,081 --
Total Under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000 $20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 or more
* Estimate should be used with caution due to the small number of sample returns on which it is based. [1] Data deleted to avoid disclosure of information for specific taxpayers. Deleted data are included in appropriate totals. NOTE: Detail may not add to totals because of rounding.
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax credits Total All returns Number of returns (1) 138,394,754 58,938,971 3,925 3,722 46,864 337,648 1,036,307 2,282,688 2,942,500 5,687,787 5,610,678 13,016,392 9,758,876 6,622,352 2,329,368 1,744,714 941,955 628,879 1,820,947 1,038,960 3,084,408 45,827,577 2,860 2,647 4,095 104,192 187,853 487,409 824,139 2,796,594 3,698,484 11,024,276 9,359,375 6,423,109 2,120,317 1,617,115 7,175,113 13,111,394 13,947,327 *4 ----* 2,688 16,078 254,054 357,791 1,160,792 1,035,801 1,257,008 236,005 ** 35,670 ** 2,110,902 4,355,890 2,246,696 *5 ----* 796 8,522 126,187 163,208 595,312 538,035 673,064 121,535 ** 20,032 ** 1,239,941 1,059,945 1,263,315 236,082 ** 35,682 ** ** ** ** ** 556,015 678,382 121,568 ** 20,034 ** ** ** ** ** ---------55,360 ** 301 -** 23,753 24,653 * 6,653 ---------42,901 424,355 456,804 757,388 587,976 1,351,595 219,309 300,522 477,339 314,945 723,722 9,932 ----1,211 -------------8,278 ** 220 -** 4,825 2,540 * 694 ---------6,293 * 625 -34,535 258,485 * 223 -4,404 70,167 ** * 1,658 53,739 32,616 ** * 98 9,898 3,141 *4 *5 ** 315 ** 224 6,466,792 3,486,637 98,261 14,571 2,675,594 11,633,370 11,786,747 11,711,680 10,937,694 9,912,261 8,749,761 14,151,824 10,687,193 18,854,917 11,140,408 12,088,423 3,121,485 589,306 150,431 64,007 98,724 24,975 15,956 92,740,927 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 353,341 45,653,826 5,754,917 5,726,324 1,323,901 342,110 240,329 1,314,914 1,095,545 3,273,244 3,516,647 7,529,272 110,490 115,892 952,539 845,859 2,191 32,144,174 5,877,571 5,757,978 1,327,157 342,863 96,453 43,087 69,452 18,816 12,972 4,290,763 3,569,803 5,849,213 4,699,854 8,424,127 128,710 680,091 1,812,137 3,085,853 4,602 46,091,502 (2) (3) (4) (5) (6) (7) (8) 25,741,511 3,602 * 2,095 * 2,943 223,656 1,294,236 2,066,202 2,147,348 3,670,668 3,057,747 6,098,909 4,053,416 3,119,295 1,393 ------16,167,659 1,559 * 243 --* 1,676 39,173 229,990 1,501,243 2,019,147 5,321,796 3,951,427 3,100,016 * 1,389 --9,573,852 returns returns returns (9) 31,741,551 3,070 * 904 * 260 23,639 355,340 1,026,261 1,545,132 3,604,360 4,033,045 9,839,487 7,001,516 4,307,293 1,243 ------24,080,565 2,309 * 348 --* 1,679 39,171 229,891 1,634,412 2,650,128 8,464,256 6,774,211 4,282,920 * 1,239 --7,660,986 Amount Number of Amount Number of Amount Number of Child care credit Credit for the elderly and disabled Child tax credit
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income
Size of adjusted gross income
Basic Tables 2006
Amount
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
107
108
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax credits--continued Education credit Retirement savings contribution credit Amount returns (11) 7,022,420 5,192,133 273 * 106 43,737 259,377 608,572 * 106 2,886 60,963 84,049 197,554 161,471 196,164 190,627 * 44 ---------489,012 73 * 106 * 286 24,522 44,279 86,421 58,113 127,026 148,141 * 44 -----404,945 -** 10 20,750 43,541 73,148 95,435 306,953 348,933 1,016,862 849,241 1,052,860 223,125 ** 39,509 ** -----2,039,831 273,821 ** 4,070,368 940,565 ** -** 3 2,392 7,605 13,400 20,061 60,987 75,059 224,321 190,834 265,387 66,910 ** 13,605 ** 59,585 856,555 1,054,189 223,150 ** 39,515 ** ** ** ** ** 192,403 266,052 66,919 ** 13,610 ** ** ** ** ** 16,623 19,439 ** 809 ** ** -** --34,564 -------* 1,000 * 2,044 * 7,779 8,747 14,203 ** 791 -** 58,804 102,428 123,740 374,836 399,364 1,074,168 19,552 28,143 73,888 86,920 239,835 * 1,098 * 1,632 9,551 12,547 30,625 * 456 * 1,568 11,922 18,967 98,193 64,195 150,208 ** 5,248 ** ** -** --144,994 -------* 482 * 2,848 * 13,045 16,339 107,297 ** 4,983 -** 206,190 -** 3,019 33,268 59,955 -** 35 3,985 8,809 ---* 1,007 ---* 371 1,184,202 631,116 1,296,260 1,167,867 * 625 ---------3,152,302 213 * 106 * 6,934 137,935 405,902 716,631 185,108 817,493 881,356 * 625 92 ** ** * 38 * 57 893,957 4,344,189 1,000,149 93,369 351,184 ** 327 ** 8,246 172,644 425,403 594,529 550,663 1,120,372 847,007 1,705,504 1,526,097 71,628 -------5,098,239 ** 208 ** * 366 25,611 125,335 332,009 336,897 720,906 582,905 1,429,892 1,473,289 70,820 ---1,924,182 2,960,172 *9 * 637 447,503 642,247 212,941 398,815 727,259 530,760 -----------1,191,208 *9 -11,547 558,692 * 937 * 3,608 264,672 351,743 -------1,768,964 (12) (13) (14) (15) (16) (17) (18) returns returns returns (19) 797,162 *3 * 90 32,357 54,465 76,138 202,245 316,809 115,055 -----------275,639 *3 -952 42,714 * 348 * 2,746 153,664 75,212 -------521,523 Number of Amount Number of Amount Number of Amount Number of Amount Earned income credit used to offset income tax before credits Number of returns (10) 7,725,138 ** 517 ** 86,557 497,570 695,625 740,224 637,674 1,229,482 841,353 1,570,901 1,274,749 150,487 -------5,453,195 ** 253 ** * 3,924 139,297 306,595 441,590 383,591 819,391 618,667 1,353,339 1,237,394 149,154 ---2,271,942 Residential energy credits Adoption credit
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
Individual Returns 2006
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax credits--continued Minimum tax credit General business credit Amount returns (23) 10,958,470 13 2,391 2,666 6,335 10,332 14,044 23,334 45,483 41,338 206,183 214,073 754,929 1,920,006 1,432,537 739,541 494,282 1,471,381 839,138 2,740,464 10,014,389 *5 2,187 2,474 3,832 6,068 8,222 12,684 24,416 29,772 136,229 169,369 636,817 1,721,454 1,310,063 5,950,797 211,117 44,940 944,081 349,510 --* 650 * 1,097 -* 982 * 4,004 11,939 15,210 56,418 65,221 114,091 23,931 24,808 31,160 37,171 1,240,829 --*1 *2 -* 1,229 * 1,758 16,006 24,889 107,562 127,132 177,758 44,312 102,370 637,811 61,634 66,524 114,331 24,042 24,827 9,788 5,446 10,008 3,275 2,649 128,993 178,259 44,805 102,599 70,010 63,183 167,716 111,007 225,896 * 2,081 4,865 ** 21,246 ** ** ** ** ** ** 29,574 43 -* 650 ------* 1,748 * 1,027 4,865 ** 21,241 ** ** 2,635 * 1,911 8,029 21,404 21,256 65,719 * 1,299 5,533 28,636 37,756 133,501 ---* 625 * 2,049 -* 1,949 * 3,913 * 1,611 -* 199 * 832 * 2,239 -* 1,299 ---* 44 -----* 618 * 3,511 * 6,939 9,765 ** 99,701 ** ** ** ** ** ** 114,558 26 -* 10 ------* 1,829 * 3,286 9,765 ** 99,643 ** ** 6,045 --43 26 386,681 1,302,464 32,209 120,603 (24) (25) (26) (27) returns returns (28) 79,911 * 14 -* 650 ** 1,614 ** * 4,013 * 827 * 1,725 9,492 16,717 16,552 19,902 5,020 ** 3,386 ** ** ** ** ** 73,655 *9 -* 650 * 1,000 -* 4,013 * 787 * 1,645 * 6,232 14,842 16,494 19,594 5,006 ** 3,383 ** 6,256 (29) 168,593 * 113 -*6 ** 419 ** * 2,070 * 637 * 2,805 14,183 28,418 25,753 38,296 6,926 ** 48,966 ** ** ** ** ** 152,082 * 15 -*6 * 294 -* 2,070 * 610 * 2,645 * 6,660 23,510 25,386 35,281 6,790 ** 48,814 ** 16,511 Number of Amount Number of Amount Number of Empowerment zone and community renewal credit Other tax credits Amount Number of returns (20) 359,098 6,418,317 151 125,978 95,754 122,013 122,772 143,642 155,818 312,213 361,082 952,000 854,194 1,708,249 960,785 288,317 84,665 38,493 62,732 17,310 12,151 6,207,200 * 74 110,247 91,537 102,035 113,014 128,585 134,034 278,430 338,418 910,829 841,228 1,698,446 957,816 287,600 214,909 --* 727 * 634 * 631 5,532 4,233 4,226 8,417 26,071 34,659 163,170 55,347 34,495 8,887 3,635 5,976 1,570 887 338,391 ---** -** 1,241 * 1,275 * 3,187 5,655 22,933 33,106 160,740 54,948 34,400 20,906 20,706 36,996 161,851 131,351 155,005 475,192 ** 650 * 278 * 2,779 7,352 15,853 --** --987,308 38,395 165,391 140,800 159,886 110,331 60,006 155,298 69,269 86,103 3,061 2,701 4,406 16,095 20,291 -* 42 * 64 * 109 -1,032,247 (21) (22) returns Amount Number of Foreign tax credit
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
109
110
(All returns are estimates based on samples--money amounts are in thousands of dollars) Income tax after income Total tax Amount returns (31) 1,023,916,399 181,211 88,684 654,390 2,373,130 4,759,278 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 150,100 63,863 98,525 24,924 15,929 92,740,927 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,244 588,046 353,341 -90,019,371 209,381,101 177,041,086 94,213,951 273,063,689 -7,501,691 10,396,566 27,293,090 32,509,507 94,443,395 88,684 654,390 2,373,130 4,759,278 31,217 178,501 500,349 568,312 588,697 563,145 1,324,803 1,331,364 3,004,113 2,270,227 2,837,290 1,026,777 240,385 162,283 7,986,646 181,211 2,092 1,023,920,139 14,629,554 42,527,052 20,303 5,220 110,572 532,493 718,295 755,588 816,086 1,970,169 2,312,477 5,961,736 5,667,677 10,682,122 7,001,942 2,453,375 3,518,997 11,294,938 90,019,371 209,381,101 177,041,086 94,213,951 44,125,224 26,721,295 71,647,095 39,556,521 91,013,554 2,316,893 2,852,443 1,028,307 240,680 63,421 29,440 47,389 12,902 9,321 5,861,893 10,788,086 7,016,379 2,456,259 812,116 448,666 1,063,849 399,273 798,488 770,091 785,695 130,846 13,158 3,177 1,332 1,801 411 252 4,110,643 241 7,974 23,635 72,972 136,541 147,256 147,412 424,749 416,654 1,040,633 757,650 784,165 130,672 13,134 6,957 1,037,386 7,501,691 10,396,566 27,293,090 32,509,507 94,443,395 1,172,082 1,048,195 1,901,028 1,646,372 3,296,269 1,757,227 1,840,000 3,192,333 3,043,529 6,833,857 289,699 253,822 575,878 494,671 1,110,130 97,668 94,758 276,063 303,670 848,562 738,691 1,271,887 414,780 35,326 8,325 2,826 4,317 999 1,344 3,910,881 1,434 1,396 15,245 18,165 43,713 47,199 54,790 205,173 262,136 796,558 728,647 1,269,265 414,250 35,297 17,613 436,839 88,684 654,390 2,373,130 4,759,278 1,350,300 1,942,922 1,940,919 1,442,821 635,544 1,794,289 2,528,050 2,038,165 90,714 144,235 190,304 254,414 15,289 46,450 55,012 76,469 7,501,691 10,396,566 27,293,090 32,509,507 94,443,384 90,019,371 209,381,101 177,041,085 94,213,951 44,125,182 26,720,695 71,645,509 39,556,521 91,012,054 1,023,916,399 181,211 88,684 654,390 2,373,130 4,759,278 7,501,691 10,396,566 27,293,090 32,509,507 94,443,384 90,019,371 209,381,101 177,041,085 94,213,951 273,059,961 -6,301 181,211 274,498 513,983 37,401 55,284 92,740,927 1,023,920,139 22,616,201 53,821,990 5,148,030 4,347,720 17,074,708 227,919 1,223,200 1,751,376 1,714,841 1,154,425 850,630 776,607 1,300,938 1,138,138 2,175,980 1,504,737 2,035,499 866,406 215,205 55,824 25,190 40,088 10,478 7,226 10,207,763 1,793 21,081 143,404 411,784 411,641 412,395 394,837 864,588 890,970 1,943,912 1,469,909 2,022,621 865,192 214,972 138,664 6,866,945 (32) (33) (34) (35) (36) (37) (38) returns returns returns (39) 47,842,244 426,829 593,978 1,728,692 2,453,102 1,949,281 1,649,327 1,732,300 2,895,477 2,713,697 5,918,754 5,072,370 9,334,868 6,359,989 2,283,778 745,609 397,857 901,389 273,086 411,863 37,162,491 17,164 3,571 94,224 508,836 670,311 705,729 758,447 1,757,822 2,032,324 5,115,746 4,890,958 9,246,617 6,351,144 2,282,067 2,727,530 10,679,754 Number of Amount Number of Amount Number of Amount Number of Amount Penalty tax on qualified retirement plans Self-employment tax credits Number of returns (30) 92,740,926 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,243 588,046 150,100 63,863 98,525 24,924 15,929 92,740,926 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,156,227 9,329,664 17,817,863 10,981,207 12,041,382 3,115,243 588,046 353,341 -Total All other taxes
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
Individual Returns 2006
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(All returns are estimates based on samples--money amounts are in thousands of dollars) All other taxes--continued Earned income credit used to tax Total liability Number of returns (45) 4,518,182 59,979 195,178 927,439 1,472,211 852,734 506,835 338,544 165,263 -----------------* 613 * 230 * 1,912 8,984 32,467 * 1,623 * 998 * 2,283 6,176 17,422 12,056 42,892 59,235 24,086 30,892 27,138 32,323 18,794 131,556 204,043 122,071 260,784 133,222 ----------4,874,407 ----------------4,518,182 11,011,908 12,053,684 3,116,774 588,341 150,168 63,899 98,582 24,945 15,936 92,735,610 6,301 856,788 3,368,135 5,775,871 5,720,555 5,853,087 5,777,215 11,155,220 9,328,654 17,815,579 10,981,207 12,040,368 3,115,244 588,046 353,341 4,080,325 6,069,837 5,996,355 11,449,525 9,520,537 17,992,950 1,961,072 4,273,801 6,162,879 6,030,067 234,675 605,713 522,445 1,507,457 3,401,938 5,882,011 8,616,321 11,670,718 29,955,773 35,318,058 101,071,554 95,846,923 220,160,149 184,057,465 96,670,210 44,937,341 27,169,961 72,710,944 39,955,794 91,812,042 1,066,446,822 201,513 93,905 764,961 2,905,623 5,477,573 8,257,279 11,212,652 29,263,215 34,821,983 100,404,809 95,687,047 220,063,222 184,043,028 96,667,326 276,582,686 5,425,994 96,815,936 1,071,872,816 (46) (47) returns (48) 133,577,700 2,091,933 9,806,598 10,850,924 11,084,693 10,602,199 9,761,499 8,640,262 14,063,203 10,636,008 18,799,091 11,119,289 12,067,238 3,113,887 587,651 150,016 63,821 98,510 24,945 15,934 91,370,329 6,181 366,260 3,138,951 5,558,388 5,597,595 5,782,593 5,718,134 11,101,204 9,292,000 17,775,183 10,963,057 12,022,421 3,109,052 586,687 352,622 42,207,371 (49) 1,189,243,053 3,057,365 2,010,493 4,986,618 9,062,741 13,397,440 17,531,549 20,664,534 47,622,449 50,848,602 131,428,282 116,630,450 232,587,861 172,568,275 89,986,092 42,154,442 26,009,747 69,623,527 40,529,166 98,543,421 1,143,475,027 268,964 59,937 1,586,708 5,313,516 8,369,064 11,699,662 15,293,072 40,850,492 46,431,619 126,855,523 115,573,457 232,022,522 172,441,632 89,935,105 276,773,754 45,768,026 Amount Number of Amount offset other taxes Number of returns (43) 917,524 25,352 * 23,652 * 11,505 5,189 * 109 5,744 7,922 12,809 15,720 48,344 21,400 146,469 208,996 122,850 43,811 33,687 71,003 38,797 74,166 784,303 1,579 --* 1,271 ----------426,698 349,837 313,265 --632,493 1,329,882 1,137,179 585,303 99,751 4,874,407 (44) Amount Total Social security taxes on tip income Number of returns (40) 355,457 225,441 8,054 * 4,972 * 1,017 2,027 * 10 3,828 2,696 4,569 7,770 18,590 12,773 44,609 59,457 24,131 8,856 5,149 9,910 3,591 3,433 198,303 111 --* 528 -3,010 33,592 48,734 47,030 28,815 22,900 17,170 28,115 27,703 34,382 24,760 32,619 6,000 408 * 75 * 69 67 *6 *3 188,291 -* 1,650 * 8,998 11,303 10,943 9,973 9,635 17,598 24,109 30,389 24,455 32,619 5,993 408 220 167,166 2,410 10,659 1,624 260 207 990 782 1,983 6,173 7,178 * 247 * 942 3,984 3,347 -40,785 2,543 10,659 1,628 260 * 42 * 96 57 *1 * 12 2,879 2,733 3,870 7,307 7,669 2,162 7,064 13,614 8,693 1,820 73,109 (41) (42) returns Amount Number of Amount Household employment tax Tax payments
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
111
112
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax payments--continued Income tax withheld Additional child tax credit Number of returns (53) 252,998,613 1,193,395 244,089 364,730 568,385 694,208 894,306 1,081,420 2,405,596 2,998,942 9,295,866 10,231,775 30,166,318 45,296,907 32,359,619 17,101,762 11,259,484 29,568,901 17,074,056 40,198,855 248,617,510 115,789 11,376 48,575 263,357 418,589 615,695 828,681 2,038,981 2,640,501 8,829,281 10,096,301 29,995,521 45,231,074 32,330,642 115,153,147 1,119,673 4,381,103 ------* 1,047 * 1,011 ** 2,431 ** * 1,015 ---15,585,088 -5,503 11,422 -------* 3,149 * 3,837 ** 1,219 ** * 3,217 ---16,237,467 116,758 25,807 *5 ------156,629 39,005 *3 ------158,898 375,823 329,319 125,215 43,596 22,574 41,253 13,134 10,068 1,586,183 605 27,894 21,594 23,156 35,458 29,388 31,909 66,588 64,980 170,604 156,086 373,337 328,941 125,109 130,536 171,941 2,961,453 2,102,992 2,445,860 1,183,472 890,653 3,262,558 2,741,593 3,422,949 1,596,862 1,175,910 40,776 43,610 78,137 72,697 181,272 89,643 93,687 212,336 179,722 726,260 890,356 3,480,153 8,077,124 7,817,533 5,120,226 3,789,829 12,506,564 9,304,684 33,787,884 86,012,496 89,131 7,095 16,572 31,040 50,236 56,180 69,451 175,648 155,785 672,615 860,260 3,458,541 8,067,774 7,811,240 64,490,928 518,424 61,269 105,902 2,367,863 3,137,032 55,604 95,921 783,794 2,584,575 62,136 43,858 39,539 50,622 34,423 50,702 62,941 85,804 191,526 333,488 25,596 221,047 15,590,592 16,248,889 1,758,125 86,530,919 1,443,437 5,014 * 494 * 73 * 1,000 * 1,232 * 811 1,355 1,268 796 12,516 123,612 818,639 371,658 65,153 16,374 6,907 11,297 3,204 2,034 1,428,765 91 -*3 -* 288 * 96 * 329 * 967 * 519 10,131 122,538 817,411 371,488 65,112 39,792 14,672 (54) (55) (56) (57) (58) returns returns (59) 2,288,806 9,239 * 2,125 * 248 * 930 * 4,498 * 1,722 2,119 1,759 566 8,337 44,592 965,048 854,933 230,919 64,017 26,995 47,536 14,032 9,191 2,262,757 254 -* 17 -* 1,653 * 24 * 69 * 423 * 284 6,484 42,337 964,195 854,538 230,828 161,652 26,050 Amount Number of Amount Number of Amount Number of returns (50) 120,500,889 11,128,072 121,921 148,746 222,499 302,534 372,614 384,908 416,191 786,319 815,170 1,910,619 1,464,943 2,352,445 1,238,076 338,907 101,749 45,654 71,876 19,599 13,302 10,008,399 1,513 18,030 42,085 170,208 250,509 293,840 334,391 696,368 736,730 1,845,504 1,449,748 2,342,769 1,236,283 338,541 251,880 543,659 8,148,662 9,042,344 9,262,164 9,460,396 9,025,994 8,070,267 13,309,957 10,140,720 17,914,569 10,637,829 11,393,266 2,769,579 492,587 122,881 51,516 80,304 20,736 13,459 85,968,447 4,445 323,679 3,049,587 4,951,374 5,112,670 5,356,548 5,349,839 10,543,104 8,885,268 16,982,694 10,500,272 11,361,276 2,767,030 492,074 288,587 34,532,443 39,443,485 104,119,127 197,066,418 118,138,382 49,526,026 96,929,909 10,897,892 14,260,829 38,337,874 43,342,491 116,698,423 41,384 1,509,808 4,928,630 7,791,102 63,200 803,651,494 105,000,357 197,436,470 118,189,232 49,541,540 19,858,154 10,929,349 27,490,291 14,132,192 24,538,153 16,259,759 19,231,986 44,568,272 47,309,404 120,696,792 1,593,602 4,342,997 8,124,226 12,314,252 1,537,951 843,094,979 (51) (52) returns Amount Number of Amount Estimated tax payments Payments with request for extension of filing time Excess social security taxes withheld
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
Individual Returns 2006
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax payments--continued Earned income credit Health coverage credit portion Number of returns (65) 27,567 * 220 -* 996 * 3,012 * 4,590 2,512,414 4,240,682 3,731,353 3,147,195 2,922,994 2,117,333 1,459,628 -----------19,760 ---* 1,000 * 631 -* 133 * 1,674 * 190 5,273 4,666 30,931 12,028 4,571 3,426 8,141 45,922 1,393 10,698 4,756 7,039 17,760 3,250 -* 2,646 * 2,928 * 631 * 6,089 * 3,311 * 434 -* 40 -* 4,687 ---* 325 * 686 -* 1,974 * 2,249 * 597 * 7,462 * 4,781 * 1,435 -* 252 -* 7,807 ----------------20,268,821 -* 1,974 * 2,249 * 597 * 7,462 * 4,781 * 1,435 -* 252 -----137,223 126,381 1,622,141 6,688,442 11,214,308 9,212,446 6,218,585 2,959,402 1,030,518 ---------------------------39,072,222 20,268,821 39,072,222 (66) (67) returns (68) 96,873,353 1,903,631 3,584,433 5,670,531 7,034,712 7,058,989 6,775,377 6,045,308 10,388,101 8,438,148 15,568,233 9,677,565 10,927,095 2,915,943 552,340 142,056 60,503 91,940 23,512 14,936 68,297,214 5,683 * 2,541 340,476 2,837,578 3,322,786 3,743,531 3,837,728 8,001,551 7,301,466 14,675,485 -* 1,249 * 5,587 * 2,506 10,139 9,542,410 10,889,684 2,912,168 551,642 332,486 28,576,138 (69) 4,164,063 88,822 133,508 223,587 281,531 286,765 281,270 249,460 424,424 353,446 678,567 451,706 523,876 142,684 27,567 7,150 2,965 4,556 1,212 968 2,822,078 354 * 82 11,526 89,679 105,889 127,595 130,559 289,254 287,262 627,346 443,789 521,871 142,508 27,536 16,827 1,341,985 Amount Number of credit Amount Number of returns (63) 52,199 362 -* 21 * 773 * 1,464 * 258 * 439 1,694 * 190 5,273 1,401 10,700 4,772 7,088 2,625 421 4,916 2,328 7,472 48,949 13 -* 17 *4 -17,710 * 3,311 * 434 -* 40 ------* 2,646 * 2,928 * 631 * 6,089 -* 1,055 * 2,944 * 2,288 * 30 22,397 (64) Amount refundable excise tax Federal telephone Credit for Federal tax on gasoline and special fuels Number of returns (60) 318,754 84,547 684 -* 1,299 * 3,834 * 1,632 * 1,254 * 1,278 6,216 * 2,506 10,142 4,690 30,941 12,059 4,582 1,164 627 1,032 350 256 76,406 15 -* 650 * 637 -22,881 11,104 13,546 20,342 24,358 24,065 18,714 39,784 28,361 54,087 30,374 19,262 7,857 2,109 566 287 568 231 257 198,664 52 -* 2,602 4,143 6,394 12,727 10,898 28,693 21,697 50,288 30,077 19,250 7,833 2,106 1,906 120,090 5,469 3,844 2,601 1,543 3,531 2,275 1,376 4,388 4,509 8,639 -* 193 481 910 224 39,983 5,481 3,861 2,623 1,573 509 703 764 661 898 4,592 3,448 6,119 5,734 9,726 2,745 3,337 20,943 5,858 6,329 85,905 (61) (62) returns Amount Number of Amount Credit from regulated investment companies
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
113
114
(All returns are estimates based on samples--money amounts are in thousands of dollars) Overpayment Total Refunded Credited to 2007 estimated tax Amount returns (73) 250,941,390 2,587,142 3,464,671 10,904,118 18,478,374 20,199,416 19,328,517 15,728,664 24,252,130 19,895,541 39,386,837 27,181,289 31,026,983 8,783,136 2,788,201 1,159,524 718,106 1,682,960 1,032,560 2,343,218 155,239,335 65,396 31,575 1,011,932 3,026,987 3,727,215 4,443,261 5,163,942 13,857,390 14,517,195 34,326,466 26,155,416 30,563,605 8,700,345 2,757,528 6,891,082 40,940,959 95,702,055 16,547 15,185 71,226 98,068 101,256 115,582 233,130 219,339 534,305 465,026 793,520 496,215 158,432 141,049 517,988 1,553 3,460,433 43,424,961 85,893 6,584 12,547 63,371 95,271 91,697 140,687 343,639 405,754 1,024,175 1,475,355 3,786,358 5,886,835 4,622,772 25,384,023 1,430,645 473,817 800,836 497,394 158,714 50,822 24,199 42,978 13,257 10,019 1,538,336 3,841,190 5,919,175 4,640,692 2,792,859 1,936,426 5,796,467 3,849,682 11,046,896 2,786,425 4,466,245 1,683,970 316,639 76,776 30,636 42,254 8,400 4,113 23,999,118 2,082 603,122 627,566 1,212,669 1,108,574 1,221,439 1,212,865 2,112,297 2,107,158 4,393,376 2,773,340 4,462,448 1,683,502 316,545 162,134 2,694,987 140,055 150,480 275,283 252,840 564,188 177,467 193,490 429,380 496,475 1,133,659 1,339,787 1,341,929 2,251,033 2,181,048 4,465,446 1,283,123 1,483,473 2,979,998 3,557,999 9,330,748 7,930,562 22,698,609 26,578,547 14,323,612 6,828,434 3,864,073 10,719,392 4,358,202 6,747,018 123,342,331 84,788 72,158 204,710 693,132 944,961 1,109,496 1,243,358 2,649,626 3,361,944 9,029,361 7,858,696 22,674,871 26,575,467 14,323,102 32,516,661 2,947,558 78,690 95,296 115,242 158,669 63,892 75,272 137,570 201,937 1,525,770 1,295,658 1,456,103 1,275,723 373,785 744,897 1,009,385 1,182,821 75,641 584,740 146,148 295,209 3,978,421 44,855,606 26,694,105 126,289,889 6,496,924 38,023 23,221 154,714 241,155 223,795 251,210 263,321 496,378 531,592 1,134,001 823,782 1,371,370 686,992 160,172 42,743 17,282 27,150 6,301 3,721 5,901,325 759 * 137 35,667 149,028 156,100 199,130 211,876 432,054 492,032 1,097,866 814,710 1,367,989 686,698 160,118 97,160 595,599 (74) (75) (76) (77) (78) returns returns (79) 1,770,962 5,345 1,417 8,241 16,647 18,721 20,530 24,420 47,568 57,402 135,514 116,752 288,114 387,049 210,600 93,152 49,327 152,548 49,332 88,284 1,711,861 949 *6 1,583 10,010 13,224 15,967 19,112 38,978 51,525 128,653 114,336 287,423 386,890 210,582 432,625 59,101 Number of Amount Number of Amount Number of Amount Tax due at time of filing Predetermined estimated tax penalty
Table 3.3--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income Number of returns (70) 109,915,823 2,097,577 9,342,616 10,231,326 10,139,760 9,599,099 9,280,210 10,162,954 10,057,125 9,485,966 8,452,755 7,286,524 11,693,933 8,324,354 13,964,304 8,007,959 7,011,750 1,031,908 136,081 28,868 11,978 18,898 5,109 3,415 66,060,113 2,756 227,509 2,717,948 4,499,331 4,533,538 4,552,160 4,475,981 8,877,372 7,070,654 13,025,072 7,869,272 6,976,914 1,028,335 135,410 67,864 8,550,466 7,393,366 11,883,314 8,492,916 14,358,673 8,343,244 7,601,496 1,422,419 269,394 72,818 33,051 55,990 16,490 11,809 68,624,895 4,214 243,382 2,731,303 4,554,574 4,609,037 4,629,313 4,559,124 9,038,938 7,216,589 13,403,831 8,198,243 7,560,256 1,417,986 268,511 189,594 41,290,928 97,132,700 27,630,770 34,349,964 14,587,180 7,380,299 32,275,105 4,534,958 5,304,629 14,201,028 14,922,949 35,350,641 38,159 1,024,479 3,090,358 3,822,485 151,290 198,664,295 28,719,625 34,868,173 14,702,311 7,428,893 3,952,383 2,654,532 7,479,427 4,882,242 13,390,114 19,505,984 15,922,155 24,681,511 20,392,015 40,520,496 3,528,564 10,979,390 18,615,945 20,401,353 3,171,882 2,036,981 295,796,995 107,001,071 (71) (72) returns Amount Number of
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
Individual Returns 2006
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
* Estimate should be used with caution due to the small number of sample returns on which it is based.
** Data combined to avoid disclosure of information for specific taxpayers.
NOTE: Detail may not add to total because of rounding.
(Coefficient of variation for number of returns and amount (percent)) Tax credits Total All returns Number of returns (1) 0.01 1.44 21.11 20.53 4.59 3.11 2.30 1.84 1.86 1.46 1.60 1.15 1.44 1.62 2.94 3.21 3.03 3.24 1.84 1.33 -0.53 25.85 18.06 12.97 4.26 5.07 4.34 3.73 2.08 1.94 1.24 1.45 1.64 3.23 3.39 0.67 0.74 0.99 61.32 ----58.59 24.62 6.15 5.09 2.78 2.98 2.48 3.31 ** 4.15 ** 2.08 1.35 1.63 49.08 ----68.68 27.70 6.91 5.85 3.33 3.62 3.04 3.99 ** 4.76 ** 2.45 2.94 2.48 3.31 ** 4.15 ** ** ** ** ** 3.58 3.04 3.99 ** 4.76 ** ** ** ** ** ---------12.89 ** 57.92 -** 19.60 19.59 36.76 ---------14.47 4.76 4.59 3.52 3.93 2.56 5.36 5.07 4.06 4.61 3.08 29.85 ----99.92 -16.46 6.15 99.92 -26.08 7.21 ** 59.63 13.04 16.96 ** 69.20 14.57 19.98 35.52 -------------15.00 ** 59.50 -** 21.60 22.68 46.99 ---------16.97 61.32 49.08 ** 55.30 ** 58.34 0.81 0.81 0.82 0.85 0.91 0.97 0.74 0.77 0.50 0.71 0.58 0.69 0.94 1.15 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 0.31 1.12 1.01 1.11 1.23 0.58 2.63 2.87 1.63 1.52 0.97 8.36 8.12 3.08 3.28 29.73 0.40 1.11 1.00 1.10 1.23 1.45 1.06 0.59 0.61 0.03 1.43 1.57 1.20 1.29 0.91 7.73 3.60 2.24 1.72 21.13 0.33 0.45 1.13 1.36 9.62 11.23 (2) (3) (4) (5) (6) (7) returns returns Amount Number of Amount Number of Amount Number of returns (8) 0.51 25.40 50.57 50.93 6.51 2.69 2.11 2.06 1.55 1.65 1.11 1.40 1.56 44.44 ------0.65 38.24 71.03 --70.73 15.60 6.46 2.48 2.07 1.21 1.42 1.56 44.57 --0.92 (9) 0.62 26.20 50.25 67.17 9.45 3.23 2.48 2.29 1.70 1.81 1.25 1.59 1.89 50.57 ------0.74 31.22 71.96 --70.60 15.60 6.47 2.57 2.23 1.34 1.61 1.89 50.76 --1.23 Child care credit Credit for the elderly and disabled Child tax credit
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income
Basic Tables 2006
Size of adjusted gross income
Amount
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
115
116
(Coefficient of variation for number of returns and amount (percent)) Tax credits--continued Education credit Number of returns (10) 1.06 ** 47.00 72.00 99.53 14.07 5.98 3.93 2.80 3.80 2.61 2.69 99.92 ---------1.67 91.14 99.53 36.03 8.36 4.82 3.61 6.97 3.28 3.10 99.92 -----2.10 -----2.84 4.64 9.56 3.99 3.52 99.92 99.53 42.14 10.35 6.35 -** 42.62 20.63 14.06 10.57 9.48 5.34 4.99 2.91 3.23 2.68 3.40 ** 4.02 ** 5.63 66.03 ** 2.17 1.38 1.73 ** -** 42.43 25.42 17.86 12.29 11.70 6.60 6.88 3.55 3.91 3.58 4.19 ** 5.25 ** 7.23 ---------3.21 2.68 3.40 ** 4.02 ** ** ** ** ** 3.89 3.57 4.19 ** 5.25 ** ** ** ** ** 24.11 19.82 ** 55.93 ** ** -** --15.77 -------99.95 69.05 34.12 33.43 23.28 ** 57.13 -** 12.15 3.71 5.49 3.21 3.07 99.92 8.97 8.31 4.84 4.65 2.83 11.03 10.30 6.03 6.33 3.46 91.42 72.58 30.74 27.07 16.67 85.48 84.54 39.14 30.87 19.77 28.53 22.48 ** 71.47 ** ** -** --21.09 -------99.95 75.45 47.61 36.99 27.03 ** 75.28 -** 15.26 99.53 17.26 7.35 5.31 -** 57.47 16.45 11.98 -** 51.82 19.94 15.94 ---99.95 ---99.95 53.11 ** ** 80.44 77.13 ** 10.38 4.38 3.70 3.59 3.84 2.74 3.24 2.33 2.64 7.77 -------1.27 ** 55.58 ** 45.80 8.27 5.57 4.68 4.99 3.39 3.80 2.53 2.68 7.82 ---2.00 2.46 3.26 10.14 ---5.85 6.27 4.29 4.68 3.18 ** 50.08 10.46 6.97 ** 28.68 1.63 3.20 10.05 -------4.39 4.71 3.39 3.95 2.92 ** 13.17 4.98 4.33 ** 28.03 1.35 1.29 1.74 1.34 1.68 9.62 12.49 1.75 69.52 99.92 4.52 3.79 6.67 4.87 3.59 4.20 -----------2.79 69.52 -27.34 4.07 75.08 50.87 6.00 5.18 -------2.28 (11) (12) (13) (14) (15) (16) (17) (18) returns returns returns returns (19) 2.57 84.09 99.92 5.31 4.69 7.90 6.11 4.30 5.91 -----------4.19 84.09 -32.25 4.74 92.33 55.78 6.48 7.07 -------3.28 Amount Number of Amount Number of Amount Number of Amount Number of Retirement savings contribution credit Residential energy credits Adoption credit Earned income credit used to offset income tax before credits Amount
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
Individual Returns 2006
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(Coefficient of variation for number of returns and amount (percent)) Tax credits--continued Minimum tax credit Empowerment zone and community renewal credit Number of returns (25) 2.75 --92.67 61.39 77.73 79.20 40.69 24.43 22.72 14.11 13.82 8.98 14.96 8.04 8.77 7.81 3.59 3.05 -4.04 --99.92 91.41 -13.22 18.10 16.04 14.50 11.63 2.71 1.52 1.17 1.30 0.59 5.57 12.84 5.26 3.79 3.93 0.73 2.80 73.71 49.98 25.95 21.91 12.01 11.14 7.17 9.95 5.02 1.68 13.63 2.73 --99.92 88.00 -83.63 58.52 35.39 29.87 15.26 13.99 9.01 15.13 8.06 1.64 18.45 68.94 27.12 ** 6.36 ** ** ** ** ** ** 8.31 68.88 -99.92 ------57.98 98.77 27.12 ** 6.36 ** ** 52.74 ---99.92 51.58 -70.65 --68.88 43.81 -80.71 -----99.92 65.85 65.62 32.98 ** 9.09 ** ** ** ** ** ** 8.95 43.81 -99.92 ------87.03 97.28 32.98 ** 9.09 ** ** 61.25 8.77 9.04 (26) (27) Amount Number of returns (28) 9.29 48.08 -99.92 ** 72.63 ** 49.98 80.41 68.76 29.51 21.38 21.98 17.63 22.09 ** 9.01 ** ** ** ** ** 9.69 70.42 -99.92 99.95 -49.98 84.30 72.02 37.79 22.67 22.05 17.84 22.15 ** 9.02 ** 32.85 Number of returns (20) 3.58 -35.82 7.83 8.73 7.73 7.73 7.12 6.81 4.73 4.39 2.39 2.68 1.51 1.16 1.29 1.53 1.10 0.60 0.63 0.03 0.52 57.73 8.38 9.01 8.52 8.11 7.59 7.43 5.08 4.55 2.47 15.09 15.12 13.36 20.30 50.81 1.02 11.25 4.66 3.40 3.67 3.30 3.79 2.14 1.50 -10.98 7.16 9.90 5.01 4.63 3.51 1.84 1.51 -14.57 17.64 14.58 11.61 10.67 51.89 33.55 19.17 17.97 10.99 13.99 14.31 13.11 20.53 -57.68 45.11 72.30 43.39 --87.79 98.51 99.92 38.38 39.64 37.67 30.43 16.34 13.47 5.89 6.62 4.23 5.09 4.24 2.43 2.33 -3.64 ---** -** 67.43 70.67 47.39 35.98 17.53 13.89 5.96 6.66 4.24 2.38 17.37 13.96 21.19 10.26 13.39 10.33 3.39 ** 85.59 95.53 89.05 51.33 25.47 --** --3.50 20.52 10.07 12.49 10.01 10.43 9.42 5.79 5.65 -47.33 61.02 59.57 39.76 22.74 -92.30 96.05 99.92 -3.41 0.50 0.96 3.88 (21) (22) (23) (24) returns returns Amount Number of Amount Number of Amount Foreign tax credit General business credit Other tax credits
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
Amount
(29) 9.15 69.26 -99.92 ** 76.16 ** 66.92 95.65 67.96 40.44 28.06 27.64 21.50 25.15 ** 7.72 ** ** ** ** ** 9.32 91.99 -99.92 99.95 -66.92 99.90 71.94 55.74 31.39 28.01 21.76 25.65 ** 7.74 ** 36.97
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
117
118
(Coefficient of variation for number of returns and amount (percent)) Income tax after income Total Self-employment tax Number of returns (37) 2.02 13.38 16.23 27.79 12.84 9.28 8.00 8.78 5.72 6.11 3.93 4.81 4.51 8.07 15.42 41.55 17.44 13.95 9.90 -0.79 15.57 18.49 13.72 4.82 4.92 3.53 3.62 2.34 2.30 1.49 0.81 0.60 0.66 0.88 0.44 --1.76 1.37 1.36 1.57 0.92 0.75 5.01 5.45 3.77 3.75 2.45 2.77 1.85 1.85 2.28 2.74 1.25 1.35 80.42 30.21 19.04 10.65 7.81 7.51 7.41 4.37 4.34 2.74 3.35 3.03 4.50 7.51 4.46 2.71 2.20 73.86 44.78 81.11 17.46 13.16 11.57 11.38 6.75 6.78 4.06 4.86 4.52 8.08 15.44 20.14 4.36 0.39 3.95 2.29 1.87 1.90 2.37 2.77 2.92 2.22 2.36 1.67 2.05 1.52 1.45 1.66 1.94 1.54 2.28 0.84 0.05 0.62 24.21 18.02 6.96 4.09 4.10 4.06 4.20 2.79 2.71 1.79 2.08 1.53 1.45 1.66 1.03 0.76 (38) (39) 0.71 4.77 3.07 2.23 2.23 2.93 3.52 3.85 3.16 3.57 2.57 3.07 2.02 1.92 2.28 2.80 2.60 10.28 1.60 0.35 0.88 17.30 19.33 9.30 4.92 5.19 5.30 5.77 4.14 4.16 2.77 3.12 2.03 1.92 2.28 3.50 1.28 Amount tax Amount returns (31) 0.18 26.78 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 1.16 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 1.37 1.37 0.97 0.98 0.64 5.03 2.28 1.44 1.36 15.04 6.42 3.79 3.60 26.78 22.73 0.18 0.57 0.81 0.60 0.66 0.88 1.17 0.92 1.55 0.49 0.02 1.73 1.36 1.36 1.57 1.82 1.41 1.95 0.75 0.04 2.73 1.84 1.85 2.27 2.72 2.56 8.76 1.87 0.18 3.32 3.03 4.49 7.50 8.92 7.14 4.59 4.62 -1.37 1.37 0.97 0.98 0.64 2.45 2.60 1.91 2.03 1.41 3.35 3.69 2.92 3.26 2.30 5.31 5.63 3.73 3.97 2.64 5.03 2.28 1.44 1.36 2.21 1.81 1.83 2.19 3.86 2.35 2.20 2.83 9.15 7.42 6.45 5.70 26.78 3.66 4.41 10.27 5.03 2.28 1.44 1.36 1.37 1.37 0.97 0.98 0.64 0.81 0.60 0.66 0.88 1.17 0.92 1.55 0.49 0.02 0.18 26.78 5.03 2.28 1.44 1.36 1.37 1.37 0.97 0.98 0.64 0.81 0.60 0.66 0.88 0.44 -0.15 0.18 0.39 0.65 1.20 (32) (33) (34) (35) (36) returns returns Number of Amount Number of Amount Number of Amount Penalty tax on qualified retirement plans credits Number of returns (30) 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 1.16 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 -Total All other taxes
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
Individual Returns 2006
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(Coefficient of variation for number of returns and amount (percent)) All other taxes--continued Earned income credit used to offset other taxes Number of returns (43) 5.23 26.02 68.47 99.21 55.91 26.62 52.51 75.76 55.52 50.20 35.34 34.80 16.88 10.22 13.37 7.64 7.29 2.97 1.62 0.08 4.89 10.35 --99.91 -70.67 99.95 62.40 59.48 30.05 25.34 11.41 5.94 5.27 1.70 16.35 38.33 17.73 10.47 13.46 1.80 21.73 ----------------1.03 ----------------1.44 ------------------4.10 4.53 4.79 --5.33 5.78 5.95 --1.18 1.20 0.84 0.84 0.52 0.72 0.58 0.69 0.94 1.16 0.86 0.99 0.54 0.02 0.15 16.87 3.15 1.62 1.22 1.23 1.21 1.23 0.85 0.85 0.53 0.72 0.58 0.69 0.95 0.54 1.17 3.28 2.24 2.46 3.49 4.52 2.84 2.88 4.25 1.95 1.40 1.17 1.19 6.57 9.33 3.99 9.00 4.24 2.34 1.55 1.40 1.36 1.36 0.96 0.97 0.64 0.81 0.60 0.65 0.88 1.16 0.92 1.65 0.49 0.02 0.18 25.09 4.93 2.84 1.57 1.44 1.38 1.38 0.97 0.98 0.64 0.81 0.60 0.65 0.88 0.47 2.00 1.03 1.44 0.15 0.18 (44) (45) (46) (47) returns Amount Number of Amount Number of returns (48) 0.04 1.72 0.90 0.85 0.84 0.87 0.92 0.98 0.74 0.78 0.50 0.71 0.58 0.69 0.95 1.16 0.86 0.99 0.54 0.02 0.16 17.18 4.91 1.69 1.24 1.24 1.22 1.23 0.86 0.85 0.53 0.72 0.59 0.69 0.95 0.54 0.34 liability tax Total Total Social security taxes on tip income Number of returns (40) 5.05 42.07 28.90 41.73 99.02 53.09 24.95 48.40 58.36 41.60 30.89 20.89 24.45 11.17 5.92 5.27 5.18 3.59 1.87 1.36 0.07 4.26 11.38 --99.91 -72.51 99.95 58.94 35.67 21.91 16.98 13.81 13.97 17.95 20.06 22.76 18.02 18.32 16.58 19.57 16.23 21.92 31.00 58.62 31.89 24.29 41.62 -6.95 -72.24 33.31 29.14 29.26 30.58 31.82 23.24 19.83 17.57 19.77 16.23 21.95 31.00 23.47 7.36 12.39 24.18 39.12 39.12 55.18 33.35 51.29 44.22 31.18 37.54 26.76 98.12 43.52 68.99 51.42 -15.25 23.49 39.12 39.02 55.18 59.01 63.81 36.66 33.86 -29.41 44.30 31.34 34.36 25.38 26.12 20.57 25.81 30.06 61.37 10.12 4.23 (41) (42) returns Amount Number of Amount Household employment tax Tax payments
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
Amount
(49) 0.14 3.08 2.43 1.43 1.32 1.10 1.10 1.15 0.97 0.89 0.60 0.80 0.62 0.71 0.94 1.21 1.00 0.50 0.50 0.03 0.15 7.25 8.35 2.07 1.81 1.43 1.38 1.37 1.09 0.96 0.62 0.80 0.62 0.71 0.94 0.22 0.75
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
119
120
(Coefficient of variation for number of returns and amount (percent)) Tax payments--continued Income tax withheld Number of returns (50) 0.09 2.88 5.56 6.85 5.64 4.92 4.54 4.40 4.29 3.09 3.03 1.93 2.19 1.46 1.19 1.27 1.42 1.08 0.60 0.60 0.03 0.71 21.48 20.87 13.49 6.72 5.67 5.12 4.86 3.33 3.20 1.97 2.20 1.46 1.19 1.27 0.59 2.36 2.95 1.72 1.38 1.44 0.33 3.21 6.79 6.79 4.72 4.62 2.57 25.25 19.63 13.52 8.02 ------96.25 98.75 ** 55.87 ** 99.95 ---0.68 12.97 -0.41 40.16 51.96 -------98.72 99.79 ** 61.74 ** 99.95 ---0.91 2.92 1.72 1.37 1.44 1.64 1.43 0.75 0.65 0.02 8.52 16.61 -------11.37 23.27 -------6.59 3.60 2.43 2.19 2.15 1.63 0.84 0.74 0.02 1.65 12.39 17.04 18.56 18.21 14.71 15.01 15.12 10.57 10.24 6.32 6.66 3.61 2.43 2.20 0.79 5.85 5.89 5.85 4.35 4.31 2.51 1.74 2.07 1.90 2.70 3.06 1.98 2.41 2.31 3.50 4.03 12.48 12.66 9.53 9.64 6.10 16.75 17.34 12.18 13.05 9.05 8.83 4.37 2.92 2.50 2.53 2.16 1.01 0.76 0.05 0.47 6.24 24.70 25.94 31.63 19.62 19.87 21.63 13.73 14.26 9.55 8.97 4.39 2.92 2.50 0.31 7.11 12.60 10.97 8.08 6.30 11.47 8.82 1.92 1.68 14.96 10.62 2.65 1.78 11.01 12.41 13.53 12.17 17.65 17.07 27.01 18.83 5.71 5.97 7.07 11.94 6.14 1.00 0.95 0.94 0.93 0.96 1.02 0.77 0.80 0.52 0.74 0.62 0.77 1.09 1.32 1.00 1.20 0.60 0.02 0.17 22.09 5.26 1.72 1.33 1.31 1.28 1.28 0.88 0.87 0.55 0.75 0.62 0.77 1.09 0.64 0.40 0.77 0.84 0.68 0.90 1.34 0.46 1.40 1.39 1.13 0.98 0.64 8.53 2.03 1.78 1.45 13.81 0.20 0.83 0.68 0.90 1.34 1.80 1.49 0.87 0.88 0.01 1.12 1.17 1.00 0.91 0.61 2.20 1.26 1.32 1.10 3.58 0.19 0.67 0.40 0.68 0.91 1.59 0.47 1.96 26.26 72.17 58.44 71.87 59.70 53.86 74.78 55.95 45.11 22.99 8.65 2.96 2.65 3.49 3.92 3.11 1.80 1.59 0.12 1.97 34.80 -81.21 -72.67 69.95 50.57 66.50 60.61 25.96 8.71 2.96 2.65 3.50 1.77 17.44 (51) (52) (53) (54) (55) (56) (57) (58) returns returns returns returns (59) 2.13 26.38 71.54 58.56 99.73 72.12 67.30 94.32 76.94 38.29 26.59 11.50 3.82 3.45 4.42 4.96 4.00 5.06 1.99 0.06 2.14 29.17 -81.21 -98.83 86.33 53.79 55.35 48.00 29.59 11.69 3.82 3.45 4.42 2.55 20.12 Amount Number of Amount Number of Amount Number of Amount Number of Estimated tax payments Additional child tax credit Payments with request for extension of filing time Excess social security taxes withheld Amount
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
Individual Returns 2006
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
(Coefficient of variation for number of returns and amount (percent)) Tax payments--continued Earned income credit Health coverage credit portion Number of returns (65) 20.99 98.33 -96.40 58.88 63.89 -63.98 59.57 99.92 40.96 53.63 71.20 -98.73 -----21.06 ---99.95 99.92 -81.24 53.70 75.30 55.53 38.87 14.98 13.93 12.59 5.20 28.78 57.95 32.64 34.30 55.59 12.85 48.60 -58.86 53.89 99.92 33.79 51.09 75.18 -98.73 -42.46 23.38 ---99.95 99.92 -63.98 59.57 99.92 40.96 53.63 71.20 -98.73 -44.62 1.75 2.08 2.53 ---------------------------0.56 1.90 1.43 1.50 1.67 6.35 9.20 2.60 1.80 1.67 1.79 1.92 2.36 3.04 ---------------------------0.71 0.56 0.71 (66) (67) Amount Number of returns (68) 0.15 1.83 1.53 1.20 1.07 1.08 1.11 1.18 0.88 0.91 0.59 0.79 0.64 0.73 0.99 1.20 0.90 0.52 0.56 0.02 0.22 17.66 53.82 5.19 1.76 1.62 1.53 1.51 1.02 0.99 0.62 0.80 0.64 0.73 0.99 0.51 0.45 Number of returns (63) 13.26 39.06 -81.53 64.58 98.47 95.13 70.98 53.08 75.30 55.53 57.62 32.63 34.18 55.20 71.43 36.53 26.26 1.03 -13.77 13.42 -99.92 99.92 -51.09 75.18 -98.73 ------58.86 53.89 99.92 33.79 -95.51 53.78 59.17 98.33 18.87 (64) Amount refundable credit Credit for Federal tax on gasoline and special fuels Number of returns (60) 4.26 11.89 60.83 -70.65 40.81 72.58 82.11 69.09 33.34 49.83 26.69 38.67 14.98 13.90 12.56 13.33 10.34 5.54 4.96 -8.51 23.47 -99.92 99.92 --70.65 35.38 49.83 26.70 22.88 22.93 17.98 17.18 17.66 19.24 13.14 14.78 10.51 14.58 15.44 15.57 15.89 18.10 19.22 7.34 4.37 -5.44 57.69 -59.21 36.58 32.65 25.34 26.41 15.29 16.75 10.94 14.70 15.45 15.62 15.92 6.50 7.05 22.64 24.20 20.01 21.07 36.13 8.51 36.98 30.49 21.17 23.62 15.38 -58.30 48.18 38.03 30.03 6.99 24.15 19.93 20.89 35.43 36.95 24.64 18.69 10.14 -25.01 24.87 18.91 21.12 14.83 33.95 35.87 47.73 30.43 12.34 12.53 8.17 (61) (62) returns Amount Number of Amount Credit from regulated investment companies excise tax Federal telephone
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Basic Tables 2006
Size of adjusted gross income
Amount
(69) 0.32 5.29 2.29 2.76 1.62 1.65 1.71 2.07 1.08 1.23 0.67 0.99 0.69 0.82 1.78 2.13 1.13 0.67 0.58 0.02 0.29 29.98 50.82 9.84 3.13 1.73 2.20 1.69 1.13 1.36 0.70 1.00 0.69 0.83 1.78 0.92 0.89
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
Footnotes at end of table.
121
122
(Coefficient of variation for number of returns and amount (percent)) Overpayment Total Refunded Credited to 2007 estimated tax Amount returns (73) 0.31 3.14 1.89 1.38 1.32 1.31 1.35 1.46 1.42 1.22 0.91 1.25 1.27 2.28 3.11 4.18 4.03 2.02 1.30 -0.43 12.13 10.64 2.32 2.49 1.75 1.76 1.81 2.03 1.33 0.95 1.25 1.27 2.30 3.14 0.97 0.35 0.56 21.29 21.64 10.49 8.90 8.59 8.17 5.68 5.82 3.66 3.96 2.56 1.97 1.92 0.78 3.39 29.02 1.23 0.67 11.89 31.40 29.80 18.31 14.09 11.77 16.56 11.59 15.58 6.69 8.32 3.26 2.57 2.41 0.43 4.72 3.92 2.54 1.96 1.91 2.00 1.57 0.81 0.72 0.02 8.06 3.22 2.56 2.40 2.46 2.67 1.14 0.79 0.05 1.62 1.13 1.06 1.43 1.75 1.39 2.19 1.02 0.06 0.49 21.94 3.74 3.71 2.65 2.76 2.64 2.65 1.97 1.92 1.28 1.63 1.13 1.06 1.43 1.01 1.47 7.14 7.02 5.13 5.37 3.55 10.76 13.08 9.75 13.15 6.27 2.49 2.49 1.89 1.88 1.27 3.68 3.85 2.91 2.93 1.93 2.46 1.53 1.44 1.81 2.30 1.98 11.02 1.21 0.04 1.09 57.65 5.71 6.63 4.12 4.18 3.98 4.26 3.11 3.03 1.96 2.47 1.53 1.44 1.81 3.67 2.43 9.52 8.40 7.90 6.86 21.34 11.59 15.57 10.51 2.20 2.43 2.37 2.53 3.21 3.73 3.46 3.71 6.85 8.08 5.26 17.41 1.15 0.67 0.46 1.06 0.93 9.50 16.01 6.75 5.40 5.62 5.41 5.37 3.87 3.72 2.49 2.94 2.02 1.70 2.00 2.29 1.91 3.30 1.11 0.06 0.98 30.78 99.64 14.73 6.96 6.81 6.15 6.09 4.20 3.90 2.54 2.96 2.03 1.70 2.00 1.39 3.21 (74) (75) (76) (77) (78) returns returns (79) 1.84 11.95 18.48 7.88 6.20 6.70 7.28 6.97 5.80 5.74 3.91 4.51 3.01 2.61 3.66 4.41 3.47 17.76 1.92 0.01 1.90 47.65 99.64 16.92 8.10 8.23 8.57 8.10 6.59 6.21 4.04 4.56 3.02 2.61 3.66 6.35 4.03 Number of Amount Number of Amount Number of Tax due at time of filing Predetermined estimated tax penalty
Table 3.3CV--Coefficient of Variation for All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income--Continued
Size of adjusted gross income Number of returns (70) 0.11 1.77 1.82 0.93 0.89 0.90 0.93 1.00 1.08 0.83 0.91 0.63 0.91 0.91 1.55 2.33 2.87 2.30 1.35 1.24 -0.24 30.77 6.30 1.83 1.40 1.40 1.40 1.41 0.98 1.02 0.67 0.92 0.91 1.55 2.34 1.32 0.92 0.89 0.89 0.93 0.99 1.07 0.82 0.90 0.62 0.89 0.85 1.23 1.51 1.70 1.31 0.70 0.66 0.02 0.23 22.78 6.05 1.83 1.39 1.39 1.38 1.40 0.97 1.00 0.66 0.90 0.86 1.24 1.51 0.69 0.34 0.56 1.28 1.19 1.79 2.03 0.40 1.76 1.82 2.00 1.37 0.95 10.57 2.32 2.48 1.75 8.56 0.36 1.27 1.19 1.78 2.02 2.20 2.31 1.02 0.70 0.04 1.34 1.46 1.40 1.24 0.91 1.91 1.37 1.32 1.30 3.03 0.28 0.12 (71) (72) returns Amount Number of
Amount
All returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
Individual Returns 2006
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Taxable returns, total
No adjusted gross income
$1 under $5,000 $5,000 under $10,000 $10,000 under $15,000 $15,000 under $20,000
$20,000 under $25,000 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000
$75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 or more
Nontaxable returns, total
** Data combined to prevent disclosure of certain taxpayer information.
Basic Tables 2006
Table 3.4--Returns with Modified Taxable Income [1]: Tax Classified by Both the Marginal Rate and Each Rate at Which Tax Was Computed
(All figures are estimates based on samples--money amounts are in thousands of dollars) Classified by the highest marginal rate at which tax was computed Tax rate classes Number of returns (1) All returns All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615 Joint returns and returns of surviving spouses All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615 Separate returns of married persons All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615 Footnotes at end of table. 2,174,867 8,451 314,014 *7 1,027,096 102,197 528,841 7,771 104,988 657 49,667 31,179 -153,813,933 276,885 4,914,125 * -15,049 31,408,803 13,051,538 31,086,547 2,168,329 10,847,239 168,691 8,175,581 51,731,245 -117,178,658 69,938 1,319,516 *3 18,783,198 9,760,131 23,190,920 1,838,007 8,692,950 144,179 6,872,881 46,506,934 -53,984,899 69,938 1,254,716 *3 11,028,622 7,353,048 5,003,001 240,747 704,571 63,869 1,272,536 26,993,847 -24,540,501 3,496 128,736 -2,429,774 1,371,958 3,880,325 305,127 1,739,211 31,887 1,607,607 13,042,380 -14,280,102 3,497 125,472 -1,654,293 1,102,957 1,250,750 60,187 197,280 17,883 419,937 9,447,846 -23,943,022 2,804 103,012 -2,139,772 1,470,046 3,841,070 336,209 1,785,977 32,817 1,662,129 12,569,187 -15.6 1.0 2.1 [2] 6.8 11.3 12.4 15.5 16.5 19.5 20.3 24.3 [2] 45,391,852 321,946 7,359,293 9,863 16,576,126 5,544,510 10,852,508 281,664 2,326,638 46,340 1,227,064 845,900 -5,287,113,548 15,402,702 240,118,797 -104,232 1,045,032,131 581,936,154 1,296,629,277 69,949,557 481,786,640 10,191,242 409,711,044 1,136,460,236 -3,849,427,406 4,488,252 61,282,226 10,368 611,973,278 400,873,976 952,338,858 58,855,331 384,204,622 8,280,609 345,663,286 1,021,456,602 -1,319,780,255 4,488,142 55,279,464 10,368 361,661,915 153,635,831 134,718,007 4,987,803 21,708,180 694,495 68,146,293 514,449,757 -758,086,750 224,429 5,829,274 1,040 79,280,787 52,393,252 158,650,461 9,733,657 78,201,477 1,497,884 81,340,285 290,934,203 -326,792,949 224,407 5,527,946 1,040 54,249,287 23,045,375 33,679,502 1,246,951 6,078,290 194,459 22,488,277 180,057,415 -733,754,945 205,909 2,907,005 6,826 61,484,987 50,315,306 153,403,341 10,179,707 80,612,729 1,591,454 85,476,312 287,571,371 -13.9 1.3 1.2 [2] 5.9 8.6 11.8 14.6 16.7 15.6 20.9 25.3 [2] 106,658,774 1,151,527 25,752,688 19,240 41,304,877 8,639,561 22,314,164 442,189 4,020,037 71,581 1,587,873 1,002,051 352,987 7,842,167,353 27,701,952 526,398,164 -7,919 1,805,310,493 774,171,191 2,017,884,595 94,804,743 703,069,357 13,754,748 509,361,358 1,364,567,706 5,150,965 5,580,354,544 8,346,340 138,754,410 17,907 1,069,736,810 536,927,394 1,503,962,573 80,060,597 568,137,742 11,294,494 431,351,363 1,226,989,916 4,774,997 1,986,699,246 8,346,231 128,511,169 17,907 613,977,076 217,345,910 254,642,952 6,861,803 41,499,306 1,045,431 87,525,981 622,722,005 4,203,477 1,061,283,363 417,350 13,365,867 1,796 137,673,528 70,077,993 253,145,760 13,260,613 117,747,721 2,078,922 102,570,049 350,015,255 928,508 462,956,708 417,312 12,851,117 1,796 92,096,561 32,601,887 63,660,738 1,715,451 11,619,806 292,721 28,883,574 217,952,702 863,043 1,023,300,348 383,080 7,122,378 6,826 110,746,584 68,241,017 246,911,616 13,832,445 120,719,611 2,188,233 107,380,555 344,894,798 873,205 13.0 1.4 1.4 [2] 6.1 8.8 12.2 14.6 17.2 15.9 21.1 25.3 17.0 Adjusted gross income less deficit (2) At all rates (3) At marginal rate (4) At all rates (5) At marginal rate (6) Total (7) Modified taxable income Tax generated Income tax after credits As a percentage of Adjusted gross income (8)
123
Modified taxable income (9) 18.3 4.6 5.1 38.1 10.4 12.7 16.4 17.3 21.2 19.4 24.9 28.1 18.3
19.1 4.6 4.7 65.8 10.0 12.6 16.1 17.3 21.0 19.2 24.7 28.2 [2]
20.4 4.0 7.8 [2] 11.4 15.1 16.6 18.3 20.5 22.8 24.2 27.0 [2]
124
Individual Returns 2006
Table 3.4--Returns with Modified Taxable Income: Tax Classified by Both the Marginal Rate and Each Rate at Which Tax Was Computed--Continued
(All figures are estimates based on samples--money amounts are in thousands of dollars) Classified by the highest marginal rate at which tax was computed Tax rate classes Number of returns (1) Returns of heads of households All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615 Returns of single persons All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615 45,565,179 792,440 12,303,695 * 1,642 17,843,951 2,627,748 9,602,877 139,674 1,501,361 21,547 273,882 103,377 352,987 1,844,648,135 10,975,477 150,959,929 * 30,405 494,878,097 154,021,939 580,459,916 19,875,758 195,075,211 3,072,982 79,958,290 150,189,166 5,150,965 1,312,653,493 3,462,819 45,922,770 * 1,318 312,042,600 109,662,128 449,938,546 16,937,930 162,962,248 2,616,170 68,910,613 135,421,355 4,774,997 479,443,084 3,462,819 42,044,620 * 1,318 177,320,772 50,271,538 97,624,402 1,383,778 17,936,028 259,868 15,791,648 69,142,814 4,203,477 231,849,512 173,157 4,399,285 * 133 40,070,748 14,165,893 77,335,628 2,816,890 35,172,807 501,506 17,178,035 39,106,922 928,508 98,637,752 173,141 4,204,462 * 133 26,598,116 7,540,731 24,406,101 345,945 5,022,088 72,763 5,211,244 24,199,985 863,043 228,798,753 165,485 3,805,510 -37,763,101 14,532,866 76,997,403 2,889,277 35,503,942 516,738 17,672,635 38,078,592 873,205 12.4 1.5 2.5 [2] 7.6 9.4 13.3 14.5 18.2 16.8 22.1 25.4 17.0 17.4 4.8 8.3 [2] 12.1 13.3 17.1 17.1 21.8 19.8 25.6 28.1 18.3 13,526,875 28,690 5,775,685 7,729 5,857,705 365,107 1,329,939 13,080 87,051 * 3,036 37,260 21,595 -556,591,736 1,046,889 130,405,313 80,958 233,991,461 25,161,559 109,708,855 2,811,099 15,360,267 * 321,834 11,516,443 26,187,059 -301,094,986 325,331 30,229,898 6,218 126,937,735 16,631,159 78,494,249 2,429,329 12,277,922 * 253,537 9,904,583 23,605,026 -133,491,009 325,331 29,932,369 6,218 63,965,766 6,085,493 17,297,541 249,475 1,150,528 * 27,198 2,315,504 12,135,587 -46,806,599 16,268 3,008,571 623 15,892,220 2,146,889 13,279,346 404,939 2,634,227 * 47,644 2,444,123 6,931,750 -23,245,904 16,267 2,993,237 623 9,594,865 912,824 4,324,385 62,369 322,148 * 7,615 764,116 4,247,455 -36,803,628 8,883 306,851 -9,358,725 1,922,799 12,669,803 427,253 2,816,963 * 47,224 2,569,479 6,675,649 -6.6 0.8 0.2 [2] 4.0 7.6 11.5 15.2 18.3 * 14.7 22.3 25.5 [2] 12.2 2.7 1.0 [2] 7.4 11.6 16.1 17.6 22.9 * 18.6 25.9 28.3 [2] Adjusted gross income less deficit (2) At all rates (3) At marginal rate (4) At all rates (5) At marginal rate (6) Total (7) Modified taxable income Tax generated Income tax after credits As a percentage of Adjusted gross income (8) Modified taxable income (9)
* Estimate should be used with caution due to the small number of sample returns on which it is based. [1] See section 4 for the definition of modified taxable income. [2] Percentage not computed. NOTE: Detail may not add to totals because of rounding.
Basic Tables 2006
Table 3.5--Returns with Modified Taxable Income [1]: Tax Generated, by Rate and by Size of Adjusted Gross Income
Tax generated at specified rate Size of adjusted gross income Number of returns (1) Total 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 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more Size of adjusted gross income
333,185 393,372 887,021 1,180,325 2,011,905 2,529,783 2,621,735 2,940,733 3,057,122 3,443,534 8,828,262 8,251,278 13,731,528 10,512,281 18,708,956 11,102,049 3,116,220 588,226 150,189 63,848 98,500 24,917 15,931
125
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Taxable income (2)
148,463 520,951 863,366 2,363,844 4,089,984 7,624,699 11,954,530 16,061,007 20,474,244 25,444,391 84,958,925 111,591,561 265,072,833 284,971,930 743,782,211 660,318,278 731,857,395 348,055,997 161,556,432 98,151,682 265,082,448 153,833,151 399,093,365
Modified taxable income (3)
152,384 528,454 867,382 2,370,326 4,102,339 7,630,993 11,967,972 16,073,701 20,489,929 25,467,224 85,056,763 111,656,367 265,293,734 285,177,742 744,232,638 660,681,476 732,277,004 347,985,796 161,483,285 98,061,076 264,771,604 153,612,831 398,420,925
Tax generated at all rates (4)
10,867 52,708 83,024 238,533 406,204 754,870 1,193,483 1,609,722 2,140,998 2,795,763 9,784,387 13,325,950 32,970,635 38,102,778 107,343,865 99,607,990 213,889,256 168,370,440 92,728,417 44,152,720 26,816,518 72,283,115 39,972,419 92,648,701
Number of returns (5)
12,761,691 215,970 242,077 204,368 146,683 165,502 247,395 274,899 263,628 241,451 290,701 815,192 845,048 1,597,122 1,353,523 2,969,845 1,851,338 772,440 190,501 40,768 12,202 5,985 9,577 3,025 2,451
5 percent Income taxed at rate (6)
71,118,752 93,830 204,417 261,830 208,017 292,318 288,787 469,347 538,281 510,594 575,386 1,799,186 2,414,786 5,194,359 5,455,865 14,809,963 14,118,365 14,372,204 6,309,725 1,637,192 530,982 279,244 466,103 157,300 130,671
Tax generated at rate (7)
3,556,337 4,696 10,221 13,091 10,410 14,618 14,443 23,477 26,918 25,536 28,773 89,979 120,764 259,795 272,836 740,597 705,956 718,643 315,502 81,864 26,551 13,963 23,306 7,865 6,534
Number of returns (8)
177,160 287,459 803,707 1,153,419 1,944,233 2,445,717 2,554,894 2,887,247 3,020,719 3,387,513 8,709,674 8,182,866 13,646,327 10,454,320 18,602,026 11,037,241 11,955,091 3,048,380 564,629 141,612 59,371 90,548 22,144 13,559
10 percent Income taxed at rate (9)
49,508 183,568 444,138 2,025,705 3,636,187 7,236,113 11,205,642 14,958,266 17,689,478 19,341,366 56,123,440 63,896,258 126,953,412 112,209,998 226,336,105 149,144,766 167,018,658 42,724,743 7,915,923 1,977,465 825,167 1,248,284 306,459 186,439
Tax generated at rate (10)
103,363,709 4,951 18,357 44,414 202,571 363,619 723,611 1,120,564 1,495,827 1,768,948 1,934,137 5,612,344 6,389,626 12,695,341 11,221,000 22,633,611 14,914,477 16,701,866 4,272,474 791,592 197,747 82,517 124,828 30,646 18,644
106,658,774 5,579,105,232 5,580,354,544 1,061,283,363
105,189,855 1,033,637,088
12,067,873 1,181,233,546 1,181,992,599
10 percent (from Form 8814) Number Income Tax of taxed generated returns at rate at rate (11) (12)
139,646 3,761 * 542 -* 298 * 937 * 1,725 3,468 * 2,514 * 2,126 * 1,061 * 1,428 * 1,818 4,872 6,375 21,319 16,231 30,510 24,194 9,033 3,063 1,243 2,088 588 451
15 percent
Number of returns (14)
Tax generated at specified rate--continued 15 percent (capital gains) Income Tax Number Income Tax taxed generated of taxed generated at rate at rate returns at rate at rate (15) (16)
274,109,914 ---* 188 * 1,376 * 317 19,431 64,578 328,472 827,441 4,043,011 6,771,632 19,896,845 22,700,005 61,483,604 58,900,029 74,237,491 19,199,735 3,575,079 895,451 373,609 566,784 139,641 85,199 ---* 1,253 * 9,172 * 2,110 129,539 430,519 2,189,813 5,516,272
Number of returns (20)
29,370,033 ---------* 48 * 917 1,562 301,909 3,147,302 5,808,570 5,502,205 10,854,279 2,897,382 540,275 136,452 57,006 87,543 21,432 13,151
25 percent Income taxed at rate (21)
785,142,547 ---------* 659 * 9,929 5,508 208,356 14,689,828 84,896,035 89,749,848 377,411,401 167,985,415 31,721,514 7,986,168 3,345,482 5,104,543 1,259,055 768,807
Tax generated at rate (22)
196,285,637 ---------* 165 * 2,482 1,377 52,089 3,672,457 21,224,009 22,437,462 94,352,850 41,996,354 7,930,379 1,996,542 836,371 1,276,136 314,764 192,202
(13)
13,993 376 * 55 -* 30 * 94 * 173 349 * 252 * 214 * 107 * 144 * 184 489 641 2,138 1,625 3,053 2,421 904 306 124 209 59 45
(17)
13,103,694 ------------28,090 632,136 1,641,186 2,127,929 5,572,059 2,272,456 507,109 134,917 58,372 90,271 23,728 15,439
(18)
710,432,860 ------------16,323 1,297,976 7,976,307 11,685,615 61,931,958 97,684,463 72,998,494 43,107,734 29,463,986 88,775,562 65,141,852 230,352,590
(19)
106,565,265 ------------2,450 194,714 1,196,487 1,752,896 9,289,940 14,652,727 10,949,784 6,466,163 4,419,599 13,316,337 9,771,278 34,552,889
Total 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 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
Footnotes at end of table.
175,397 2,562 * 698 -* 866 * 1,925 * 2,355 4,063 * 2,564 * 2,947 * 2,538 * 2,325 * 2,982 6,945 10,294 28,978 21,959 40,841 25,869 8,293 2,567 1,141 1,834 472 378
78,987,673 1,827,399,429 ---* 698 * 7,635 * 1,804 182,982 205,545 1,785,231 1,909,351 4,582,979 5,277,035 10,553,498 9,665,238 18,088,522 10,935,293 11,878,481 3,026,977 560,896 140,727 59,028 90,162 22,057 13,536
26,953,407 45,144,215 132,645,630 151,333,366 409,890,691 392,666,860 494,916,604 127,998,233 23,833,857 5,969,672 2,490,726 3,778,560 930,937 567,994
126
Individual Returns 2006
(All figures are estimates based on samples--money amounts are in thousands of dollars) Size of adjusted gross income
25 percent (capital gains)
Table 3.5--Returns with Modified Taxable Income: Tax Generated, by Rate and by Size of Adjusted Gross Income--Continued
Tax generated at specified rate--continued 28 percent 28 percent (capital gains) Tax Number Income Tax Number Income Tax generated of taxed generated of taxed generated at rate returns at rate at rate returns at rate at rate (25)
3,846,240 ------------*1 301 16,028 38,114 334,034 788,304 579,659 289,625 183,096 540,127 335,072 741,879 ------------*4 1,200 64,096 152,427 1,335,992 3,153,101 2,318,597 1,158,486 732,376 2,160,495 1,340,285 2,967,515
Number of returns (23)
Income taxed at rate (24)
(26)
6,626,142 -------------* 48 8,384 436,127 2,689,377 2,671,122 515,690 130,574 55,261 85,414 21,124 13,022
(27)
270,372,582 -------------* 780 30,320 2,682,927 62,572,623 151,986,274 33,361,697 8,432,599 3,581,570 5,510,506 1,371,091 842,196
(28)
75,704,323 -------------* 218 8,490 751,220 17,520,334 42,556,157 9,341,275 2,361,128 1,002,840 1,542,942 383,905 235,815
(29)
97,447 -------------* 2,021 * 7,265 9,313 44,273 20,580 7,079 2,525 1,112 2,033 705 541
(30)
2,339,269 -------------* 47 * 7,004 7,333 127,974 200,734 201,432 146,624 55,610 546,318 354,114 692,078
(31)
654,998 -------------* 13 * 1,961 2,054 35,833 56,206 56,401 41,055 15,571 152,969 99,152 193,782
Total 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 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
855,216 ------------* 1,007 11,120 51,452 80,700 329,317 230,971 79,651 24,505 12,261 22,094 7,005 5,133
15,384,573
Size of adjusted gross income
Number of returns (32)
2,589,923 --------------* 96 564 101,382 1,697,958 494,241 125,696 53,312 83,092 20,690
33 percent Income taxed at rate (33)
237,462,316 --------------* 1,457 7,025 1,885,491 121,062,409 71,350,085 18,318,581 7,812,853 12,097,580 3,032,145
Tax generated at specified rate--continued 35 percent Tax Number Income Tax Number generated of taxed generated of at rate returns at rate at rate returns (34)
78,362,564 --------------* 481 2,318 622,212 39,950,595 23,545,528 6,045,132 2,578,241 3,992,201 1,000,608
Form 8615 Income taxed at rate
(39)
4,203,477 5,285 139,928 161,414 135,053 163,725 102,259 159,975 144,121 * 97,919 * 32,480 169,372 193,781 270,778 * 182,307 * 199,343 * 450,079 * 378,560 * 253,296 * 336,665 * 151,539 * 53,842 271,098 ** 150,658 **
Tax generated at rate
(40)
863,043 832 24,059 25,463 25,264 26,404 16,219 29,507 21,977 * 17,700 * 5,005 36,064 42,016 63,051 * 40,101 * 35,804 * 101,647 * 68,498 * 66,718 * 70,445 * 37,882 * 13,939 63,604 ** 30,844 **
(35)
1,002,051 ----------------1,437 272,377 448,687 117,644 50,403 79,085 19,821
(36)
622,722,005 ----------------10,625 12,894,416 102,301,308 73,700,373 49,418,977 144,810,466 79,616,978 159,968,864
(37)
217,952,702 ----------------3,719 4,513,046 35,805,458 25,795,131 17,296,642 50,683,663 27,865,942 55,989,102
(38)
352,987 31,466 118,109 54,996 31,964 24,547 12,409 15,954 11,522 * 6,555 * 1,972 9,577 7,543 8,489 * 4,179 * 3,430 * 5,873 * 2,862 * 761 * 521 * 122 * 33 83 ** 20 **
Total 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 $25,000 under $30,000 $30,000 under $40,000 $40,000 under $50,000 $50,000 under $75,000 $75,000 under $100,000 $100,000 under $200,000 $200,000 under $500,000 $500,000 under $1,000,000 $1,000,000 under $1,500,000 $1,500,000 under $2,000,000 $2,000,000 under $5,000,000 $5,000,000 under $10,000,000 $10,000,000 or more
12,892 1,894,690 625,248 12,597 * Estimate should be used with caution because of the small number of sample returns on which it is based. ** Data combined to avoid disclosure of information for specific taxpayers. [1] See section 4 for the definition of modified taxable income. NOTE: Detail may not add to totals because of rounding.
Basic Tables 2006
Table 3.6--Returns with Modified Taxable Income [1]: Taxable Income and Tax Classified by Each Rate at Which Tax Was Computed and by Marital Status
Tax rate class All returns Income taxed at rate (2)
5,580,354,544 71,118,752 1,033,637,088 139,646 1,827,399,429 710,432,860 785,142,547 15,384,573 270,372,582 2,339,269 237,462,316 622,722,005 4,203,477
127
(All figures are estimates based on samples--money amounts are in thousands of dollars)
Number of returns (1)
106,658,774 12,761,691 105,189,855 175,397 78,987,673 13,103,694 29,370,033 855,216 6,626,142 97,447 2,589,923 1,002,051 352,987
Income tax generated at rate (3)
1,061,277,890 3,555,938 103,363,709 13,993 274,109,914 106,564,929 196,285,637 3,846,143 75,704,323 654,995 78,362,564 217,952,702 863,043
Joint returns and returns of surviving spouses Number Income Income tax of taxed generated returns at rate at rate (4) (5) (6)
45,391,852 7,105,969 44,930,813 146,302 37,501,697 8,466,662 15,531,094 576,487 4,409,201 67,238 2,072,964 845,900 -3,849,427,406 47,201,096 622,134,651 123,309 1,210,659,130 532,085,641 522,206,066 11,738,561 193,771,718 1,633,442 193,424,034 514,449,757 -Returns of heads of households Income taxed at rate (11) 301,094,986 2,216,652 112,701,455 13,527 114,360,061 15,441,129 31,979,513 393,496 5,943,713 33,349 5,876,505 12,135,587 -758,084,535 2,360,055 62,213,465 12,352 181,598,870 79,812,846 130,551,517 2,934,640 54,256,081 457,364 63,829,931 180,057,415 --
Returns of married persons filing separately Number Income Income tax of taxed generated returns at rate at rate (7) (8) (9)
2,174,867 129,275 2,157,296 147 1,841,905 195,768 721,910 16,552 185,834 1,136 80,846 31,179 -117,178,658 705,381 15,168,422 127 28,869,004 25,535,216 11,912,753 525,433 3,738,943 148,195 3,581,338 26,993,847 -Returns of single persons Income taxed at rate (14) 1,312,653,493 20,995,622 283,632,560 2,683 473,511,234 137,370,874 219,044,214 2,727,084 66,918,208 524,284 34,580,440 69,142,814 4,203,477 24,540,390 35,269 1,516,842 13 4,330,351 3,830,282 2,978,188 131,358 1,046,904 41,495 1,181,842 9,447,846 --
All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615
Tax rate class
Number of returns (10) 13,526,875 496,751 13,478,568 24,325 7,697,144 359,663 1,489,080 20,151 145,909 3,146 58,855 21,595 --
Income tax generated at rate (12) 46,806,046 110,833 11,270,145 1,358 17,154,009 2,316,169 7,994,878 98,374 1,664,240 9,338 1,939,247 4,247,455 --
Number of returns (13) 45,565,179 5,029,697 44,623,178 4,624 31,946,927 4,081,600 11,627,948 242,026 1,885,198 25,927 377,259 103,377 352,987
Income tax generated at rate (15) 231,846,919 1,049,781 28,363,256 271 71,026,685 20,605,631 54,761,054 681,771 18,737,098 146,799 11,411,545 24,199,985 863,043
All tax rates 5 percent 10 percent 10 percent (Form 8814) 15 percent 15 percent (capital gains) 25 percent 25 percent (capital gains) 28 percent 28 percent (capital gains) 33 percent 35 percent Form 8615
* Estimate should be used with caution because of the small number of sample returns on which it is based. [1] See section 4 for the definition of modified taxable income. NOTE: Detail may not add to totals because of rounding.
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax credits Total Number of returns (1) 46,091,502 186,527 14,320,821 13,703,304 10,147,909 14,181,575 5,517,426 2,323,566 Tax credits--continued Education Retirement savings contribution credit Amount returns (11) 7,022,420 * 2,416 2,921,327 1,289,894 2,061,975 1,213,535 725,528 189,672 49,329 172,932 941,552 594,394 228,675 1,229,149 689,880 56,929 1,197,178 188,069 1,007,624 1,866,220 254,951 571,470 120,026 233,375 288,331 226,296 132,121 Tax credits--continued Minimum tax credit Amount (21) 1,032,247 * 159 22,290 175,876 353,558 314,470 165,895 170,787 663,490 851,209 1,317,103 1,437,742 1,977,985 6,418,317 (22) Number of returns Amount (23) 10,958,470 16,581 622,011 3,066,048 3,456,547 2,411,664 1,385,618 Foreign tax credit General business credit Number of returns (24) 386,681 1,009 34,329 57,753 108,369 93,684 91,536 Amount (25) 1,302,464 1,710 61,178 166,320 383,643 372,946 316,667 Empowerment zone and community renewal credit Number of returns (26) 32,209 * 997 591 9,779 9,741 7,187 3,915 Amount (27) 120,603 * 204 2,707 17,182 34,211 41,736 24,564 Number of returns (28) 79,911 * 663 14,861 16,378 16,638 21,123 10,249 Other tax credits Amount (29) 168,593 * 2,512 35,138 28,504 29,550 49,663 23,226 ----5,192,133 893,957 4,344,189 1,000,149 (12) (13) (14) (15) returns returns (16) 93,369 -20,535 42,250 22,505 6,656 1,422 (17) 351,184 -58,266 172,375 87,245 27,278 6,021 Number of Amount Number of Amount Number of credits Amount credit Residential energy Adoption credit Earned income credit used to offset income tax before credits Number of returns (18) 2,960,172 -1,005,293 828,418 807,188 295,686 23,586 (19) 797,162 -199,559 267,449 251,579 70,282 8,293 Amount 9,232 4,930 93,230 13,685 146,513 115,434 54,410 * 5,031 * 886 1,042,239 897,451 402,118 --5,509,391 4,699,119 3,033,822 21,883,103 2,818,753 1,515,013 --10,654,491 15,000,454 2,625,621 1,510,136 --8,378,831 9,180,097 14,750,558 6,591,236 1,074,529 135,897 32,846 * 301 * 30 --* 10,046 * 9,235 58,938,971 6,466,792 3,486,637 98,261 14,571 25,741,511 31,741,551 (2) (3) (4) (5) (6) (7) (8) (9) returns returns returns Amount Number of Amount Number of Amount Number of Amount Child care credit Credit for the elderly and disabled Child tax credit
Table 3.7--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Age
128
Age [1]
All returns
All returns, total
138,394,754
Under 18
3,171,465
18 under 35
45,860,531
35 under 45
26,539,754
45 under 55
25,642,275
55 under 65
18,418,709
65 and over
18,762,020
Age [1] returns (10)
Number of
All returns, total * 3,007
7,725,138
Under 18
Individual Returns 2006
18 under 35
3,772,140
35 under 45
1,407,983
45 under 55 648,613 63,089
1,830,305
55 under 65
65 and over
Age [1]
Number of returns (20) 359,098 * 812 12,744 67,389 108,268 100,101 69,783
All returns, total
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
Footnotes at end of table.
(All returns are estimates based on samples--money amounts are in thousands of dollars) Income tax after income Total tax Amount (31) 1,023,916,399 1,178,582 108,619,329 210,315,920 301,150,673 19,486,504 15,130,643 13,253,055 Earned income credit Household employment tax offset other taxes Number of returns (44) 4,874,407 * 5,414 1,675,538 1,525,035 1,121,011 464,757 82,652 4,518,182 * 6,026 1,499,252 1,601,150 1,055,050 302,157 54,547 Tax payments--continued Income tax withheld Amount (51) 843,094,979 513,672 146,160,518 206,229,974 248,693,505 174,168,277 67,329,034 11,128,072 71,392 633,423 1,148,309 1,962,599 2,300,119 5,012,230 (52) Number of returns Amount (53) 252,998,613 407,400 8,371,703 37,125,427 66,584,215 64,899,592 75,610,276 Estimated tax payments Additional child tax credit Number of returns (54) 15,590,592 14,388 7,149,943 5,473,302 2,373,081 493,279 86,600 Amount (55) 16,248,889 18,565 7,099,412 6,276,962 2,358,071 428,180 67,699 Payments with request for extension of filing time Number of returns (56) 1,758,125 62,095 166,481 324,045 461,073 399,307 345,123 Amount (57) 86,530,919 289,357 3,871,615 15,987,260 24,205,038 22,546,300 19,631,349 Excess social security taxes withheld Number of returns (58) 1,443,437 *8 169,027 472,115 513,028 248,229 41,028 Amount (59) 2,288,806 * 48 229,936 749,862 845,128 393,513 70,318 (45) Amount Number of returns (46) 96,815,936 1,236,249 27,554,083 18,172,781 20,388,276 15,735,168 13,729,379 Number of returns (42) 225,441 * 810 12,020 48,062 35,955 32,177 96,418 439,476 127,613 137,302 170,055 33,014 * 10,065 917,524 (43) Amount used to tax liability Amount (47) 1,071,872,816 1,211,190 113,614,323 221,364,023 316,651,465 252,123,417 166,908,398 Number of returns (48) 133,577,700 2,286,366 44,363,140 25,749,206 25,088,300 17,993,546 18,097,143 Amount (49) 1,189,243,053 1,213,160 159,716,910 261,101,013 341,294,983 262,648,739 163,268,248 Total 162,069,464 2,016,597 4,894,348 61,189 240,582,486 3,773,263 11,880,225 584,435 628,099 59,119 301,152,210 5,692,364 16,843,596 1,494,378 1,673,401 240,582,430 162,069,464 All other taxes--continued Social security taxes on tip income Amount (41) 73,109 * 227 31,991 16,385 11,553 8,543 4,409 17,241,341 210,316,520 5,675,655 13,337,303 1,583,863 1,350,214 26,442,250 108,620,877 5,381,201 6,827,501 1,421,869 636,534 1,187,135 1,178,582 77,120 39,016 * 2,294 * 354 66,703 3,860,572 4,147,473 4,280,822 3,043,610 1,675,527 92,740,927 1,023,920,139 22,616,201 53,821,990 5,148,030 4,347,720 17,074,708 (32) (33) (34) (35) (36) (37) (38) Number of returns Amount Number of returns Amount Number of returns Amount Number of returns Amount (39) 47,842,244 28,260 6,109,227 11,704,714 14,792,978 10,876,212 4,330,854 Tax payments Total Penalty tax on qualified retirement plans Self-employment tax credits Total All other taxes
Table 3.7--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Age--Continued
Age [1]
Number of returns (30)
All returns, total
92,740,926
Basic Tables 2006
Under 18
1,187,135
18 under 35
26,442,250
35 under 45
17,241,341
45 under 55
19,486,503
55 under 65
15,130,643
65 and over
13,253,055
Age [1]
Number of returns (40) 355,457 * 7,298 176,625 74,987 52,743 30,835 12,970
All returns, total
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
Age [1]
Number of returns (50)
All returns, total
120,500,889
Under 18
2,175,705
18 under 35
42,732,545
35 under 45
23,965,977
45 under 55
23,129,103
55 under 65
16,148,641
129
65 and over
12,348,917
Footnotes at end of table.
130
(All returns are estimates based on samples--money amounts are in thousands of dollars) Tax payments--continued Earned income credit Health coverage credit portion Number of returns (66) 20,268,821 24,216 9,543,828 5,626,905 3,536,052 1,266,801 271,019 Tax due at time of filing 1,710,363 430,492 6,136,229 11,360,427 19,398,434 36,276 71,437 25,049,867 20,088,432 20,376,826 15,101,156 16,185,634 39,072,222 96,873,353 (67) (68) Amount Number of returns Amount (69) 4,164,063 2,682 1,057,845 991,343 922,632 602,132 587,428 Predetermined estimated tax penalty credit Number of returns (64) 22,397 -* 1,631 * 700 * 5,610 12,164 2,292 4,106 12,633 * 9,389 * 864 * 576 -27,567 (65) Amount refundable excise tax Federal telephone Credit for Federal tax on gasoline and special fuels Amount (61) 85,905 84,547 -1,658 3,812 14,120 20,619 44,338 Overpayment Total Refunded Credited to 2007 estimated tax Amount (73) 250,941,390 413,141 79,476,615 71,187,678 55,090,030 30,408,717 14,365,208 800,670 890,141 1,531,448 460,513 258,798 36,851 3,978,421 44,855,606 100,453 1,746,668 7,021,060 12,019,882 11,652,326 12,315,217 (74) (75) Number of returns Amount Number of returns (76) 26,694,105 736,968 4,551,638 4,021,122 5,505,513 5,145,614 6,733,250 23,589 10,334 14,214 1,888 2,174 -52,199 -22,542 14,394 20,862 15,959 12,149 (62) (63) Number of returns Amount Credit from regulated investment companies
Table 3.7--All Returns: Tax Liability, Tax Credits, and Tax Payments, by Age--Continued
Age [1]
Number of returns (60) 318,754 -29,554 44,403 91,794 78,773 74,229
All returns, total
Under 18
18 under 35
35 under 45
45 under 55
55 under 65
65 and over
Age [1] Amount (71) 295,796,995 513,594 81,223,282 40,676,913 22,007,188 19,375,229 12,458,574 10,440,418 78,208,739 67,109,912 42,061,043 26,680,426 2,042,749 107,001,071 (72) Number of returns
Number of returns (70)
Amount (77) 126,289,889 461,887 9,103,873 21,895,085 34,806,221 29,868,641 30,154,182
Number of returns (78) 6,496,924 62,191 705,413 1,073,313 1,500,224 1,487,272 1,668,510
Amount (79) 1,770,962 4,724 118,485 346,584 536,485 433,996 330,687
All returns, total
109,915,823
Individual Returns 2006
Under 18
2,078,092
18 under 35
40,869,720
35 under 45
22,337,390
45 under 55
19,977,244
55 under 65
13,078,251
65 and over
11,575,126
* Estimate should be used with caution due to the small number of sample returns on which it is based.
[1] Age for joint returns was based on the primary taxpayer's age.
NOTE: Detail may not add to total because of rounding.
Section 4
Explanation of Terms
The Explanation of Terms section is designed to clarify the statistical content of this report and should not be construed as an interpretation of the Internal Revenue Code, related regulations, procedures, or policies. The definitions and explanation in this section relate to column or row titles used in one or more tables in this report. They provide background or limitations to such titles, and are necessary to interpret the statistical tables to which they relate. For each of these titles, the line number of the tax form on which it is reported appears after the title. Definitions marked with the symbol ∆ have been revised for 2006 to reflect changes in the law.
Additional Taxes
(line 44, Form 1040) Taxes calculated on Form 4972, Tax on LumpSum Distributions were reported here.
Adjusted Gross Income Less Deficit ∆
Additional Child Tax Credit ∆
(line 68, Form 1040) See “Child Tax Credit.”
Additional Standard Deduction
(included in line 40, Form 1040) See “Standard Deduction.”
(line 37, Form 1040) Income that had to be reported for the calculation of total income (line 22, Form 1040) and of adjusted gross income included the following: • Compensation for services, including wages, salaries, fees, commissions, tips, taxable fringe benefits, and similar items; • Taxable interest received; • Ordinary dividends and capital gain distributions; • Taxable refunds of state and local income taxes; • Alimony and separate maintenance payments; • Net income derived from a business, profession, or farm; • Net gain from the sale of capital assets; • Net gain from the sale of business 131
132
Individual Returns 2006 were subtracted to arrive at adjusted gross income (line 37, Form 1040): • Archer MSA deduction; • Educator expenses; • Certain business expenses of reservists, performing artists, and fee-basis government officials; • Health savings account deduction; • Moving expenses; • One-half of self-employment tax; • Contributions to self-employed retirement plans (Keogh or simplified employee pension) and certain contributions to IRAs; • Self-employed health insurance deduction; • Forfeited interest and penalties incurred by persons who made premature withdrawals of funds from time savings accounts; • Alimony payments; • IRA deductions; • Certain student loan interest; • Amount of jury duty pay reported on line 21, Form 1040, that was repaid to employers; • Tuition and fees deduction; • Domestic production activities deduction; • Deductible expenses related to income on line 21 from the rental of personal property engaged in for profit; • Forestation or reforestation expenses; • Foreign housing exclusion; • Repayments of supplemental unemployment compensation; • Attorney fees and court costs paid after October 22, 2004, for actions settled or decided after that date involving certain unlawful discrimination claims but only to the extent of gross income from such actions; and A deficit occurred if the allowable exclusions and deductions exceeded gross income, (i.e., the amount on line 36 was greater than the amount on line 22).
property; • Taxable amounts of annuities, pensions, and individual retirement arrangement (IRA) distributions; • Rents and royalties; • Distributive share of partnership or S corporation net income; • Net income from an estate or trust; • Unemployment compensation; • Taxable amounts of social security and railroad retirement (Tier 1) payments; • Taxable distributions from a Coverdell education savings account or qualified tuition program; • Taxable distributions from a health savings account (HSA) or Archer MSA; • Prizes, awards, and gambling winnings; • Jury duty pay; • Amounts received that were claimed as a deduction or credit in a prior year; • Bartering income; • Alaska permanent fund dividends; and • Alternative trade adjustment assistance • Income from an activity not engaged in for profit; • Loss on certain corrective distributions of excess deferrals; • Dividends on insurance policies if they exceeded the total of all net premiums paid; payments; Some reported income was fully or partially excluded from total income for 2006. The following is a list of such items: • The cost basis of pension, annuity, or IRA payments or distributions; • Tax-exempt interest; • Limited exclusion of social security benefits and railroad retirement benefits (only required to be reported if there was also a taxable amount); • Limited exclusion of qualified foreign earned income; • Exclusion of part or all of the gain from sale of principal residence up to $250,000 ($500,000 on joint returns); and From total income, the following statutory adjustments (lines 23 through 35, Form 1040)
Adjusted Gross Income or Loss
See “Adjusted Gross Income Less Deficit.”
Explanation of Terms
133 Advantage MSA distributions; tax from the recapture of the investment credit, the low income housing credit, qualified electric vehicle credit, the Indian employment credit, the new markets credit and credit for employer provided child care facilities; social security and Medicare taxes on tip income, penalty tax on qualified retirement plans; household employment taxes, recapture of federal mortgage subsidy, and other unspecified taxes which included uncollected FICA (or social security) tax on tips; excess golden parachute payments; section 72 penalty taxes; excise tax on stock compensation from an expatriated corporation; an additional tax on income from a nonqualified deferred compensation plan; interest of the tax due from the sale of residential lots and timeshares; and the statistics included tax from recapture of education credits. This differs slightly from the “other taxes” portion of the Form 1040 itself, which included the taxes listed above plus the advance earned income credit payments, received. Another item that is not included in all other taxes but instead is included in “total income tax” is tax from Form 4970, Tax on Accumulation Distribution of Trusts. (See also “Taxable and Nontaxable Returns” and “Total Income Tax.”)
Adjustments
See “Statutory Adjustments.”
Adoption Credit ∆
(line 54b, Form 1040) Generally, this nonrefundable credit (reported on Form 8839) was available to taxpayers who paid qualified adoption expenses in 2005 for an adoption that was not final at the end of 2005, or for qualified expenses paid in 2006, for an adoption that was final in or before 2006. The credit could have been as much as $10,960 for each child.
Advance Earned Payments
Income
Credit
(line 61, Form 1040) Taxpayers who believed they would be eligible for the earned income credit at the end of the year could have received part of the credit from their employers as an additional payment in their paychecks during the year. Those payments were then shown on the tax return where they either increased the balance due amount or reduced the amount of the overpayment.
Alimony Paid
(line 31a, Form 1040) Payments made as alimony or separate maintenance counted as a deduction (an adjustment to total income) for the person paying them.
Alternative Minimum Tax ∆
Alimony Received
(line 11, Form 1040) Payments received as alimony or separate maintenance were income to the person receiving them.
All Other Taxes
(lines 58, 59, 60, 62, 63 Form 1040) For the statistics in this report, this amount represents the sum of the self-employment tax; additional tax on health savings account distributions; additional tax on Archer MSA distributions; additional tax on Medicare
(line 45, Form 1040) The Revenue Act of 1978 established the alternative minimum tax to ensure that a minimum amount of income tax was paid by taxpayers who might otherwise be able to legally reduce, or totally eliminate, their tax burdens. The alternative minimum tax (AMT) was levied on income including benefits received in the form of deductions and exclusions, which reduced an individual’s regular effective tax rate. These benefits, known as “alternative minimum tax preferences and adjustments,” resulted from the treatment that the tax law gave to particular income and expense items. Alternative minimum taxable income (line 28, Form 6251) was defined as taxable income for ordinary income tax purposes adjusted for net operating losses from other tax years plus the amount of adjustments and preferences.
134
Individual Returns 2006
Alternative minimum taxable income (AMTI) was then reduced by an exemption amount determined by filing status and AMTI. If the return was filed jointly by a married couple or a surviving spouse, the maximum amount of the exemption was $62,550. The maximum amount for a single or head of household taxpayer was $42,500, and for a married couple filing separately, $31,275. The AMT exclusion was phased out if AMTI exceeded certain levels. For single taxpayers, the phase-out began at $112,500 and ended at $282,500. For joint returns the range was $150,000 to $400,200, and for married couples filing separately, the range was $75,000 to $200,100. If there was an amount remaining after subtracting the exemption, the first $175,000 (the first $87,500 if married filing separately) was taxed at a 26 percent rate; any excess was taxed at a 28 percent rate, except that capital gains were taxed at the same rates under the AMT as under the regular income tax. This amount was then reduced by the recalculated alternative minimum tax foreign tax credit, and regular income tax before credits (line 44, Form 1040 minus the regular foreign tax credit, line 47, Form 1040) to arrive at the alternative minimum tax. Personal credits (such as the child tax credit, child care credit, etc.) could be taken against the AMT.
Basic Standard Deduction ∆
(included in line 40, Form 1040) See “Standard Deduction.”
Business or Profession Net Income or Loss
Archer Medical Savings Account Deduction ∆
(line 23, Form 1040) Certain taxpayers who were covered only by a high-deductible health plan were able to participate in the Archer medical savings account program. The taxpayer was allowed to take a deduction of up to $1,755 (4,087.50 for a family) a year for contributions to a medical savings account. The Archer medical savings accounts were used to pay for medical expenses not reimbursable by medical insurance. Form 8853, Archer MSA’s and LongTerm Care Insurance Contracts, was used for the medical savings accounts.
(line 12, Form 1040) This source of income or loss was reported by individuals who were sole proprietors of a nonfarm business, including self-employed members of a profession. If two or more sole proprietorships were operated by the same taxpayer, the single amount of net income or loss included in the adjusted gross income represented the combined net income and loss from all sole proprietorships. The proprietor was required to exclude investment income from business profits and include it, instead, with the various types of investment income for which separate provisions were made on the individual income tax return. Total expenses (line 28, Schedule C) were deducted from gross income (line 7, Schedule C) to arrive at a tentative profit or loss. Expenses for business use of the taxpayer’s home (line 30, Schedule C) were then deducted to arrive at net income or loss. Compensation of the proprietor was included in computing net income, and was not allowed as a business deduction. The deduction of net operating losses from previous years was not considered a business expense, but was offset against “Other Income” (line 21, Form 1040). Information on sole proprietorships, business receipts, and expenditures can be found in the Summer 2008 issue of the Statistics of Income Bulletin.
Business or Profession Net Income Less Loss
See “Business or Profession Net Income or Loss.”
Capital Assets
See “Sales of Capital Assets, Net Gain or Loss.”
Explanation of Terms
135 state or local government officials, whether or not the taxpayer itemized their deductions.
Capital Gain Distributions Reported on Form 1040
(included in line 13, Form 1040) Taxpayers who had capital gains strictly from capital gain distributions could enter the amount directly on line 13, Form 1040.
Child Care Credit
Capital Gain Distributions Reported on Schedule D
(line 13, Schedule D) See “Sales of Capital Assets, Net Gain or Loss.”
Capital Gains and Losses
See “Sales of Capital Assets, Net Gain or Loss.”
Casualty or Theft Loss Deduction, Nonbusiness
(line 19, Schedule A) Nonbusiness casualty and theft losses were deductible, as an itemized deduction, from adjusted gross income to the extent that nonreimbursable net loss for each such casualty or theft exceeded $100, and the combined amount for all net losses during the year exceeded 10 percent of adjusted gross income. Casualty and theft losses that occurred in the Hurricane Katrina, Rita, or Wilma disaster areas after August 24, 2005 were not subject to these limitations. (See also “Total Itemized Deductions.”)
Casualty or Theft Loss of IncomeProducing Property
(included in line 27, Schedule A) See “Miscellaneous Itemized Deductions.”
Certain business expenses of reservists, performing artists, and fee-basis government officials
(line 48, Form 1040) This credit could be claimed by taxpayers who, while employed or looking for work, incurred expenses for the care of dependent children under age 13, or disabled dependents of any age. Qualified expenses included those for services performed within the home by non-dependent baby-sitters, maids, or cooks. Expenditures paid for the care of children under the age of 13 or any other qualified individuals for out-of-home, non-institutional care qualified for the child care credit. If the taxpayer omitted or used an invalid Social Security number or employer identification number (EIN) for the child care provider, the IRS used mathematical error procedures to change the child care credit. The maximum amount of care-related expenses on which the credit could be based with one qualifying child or dependent, was the smaller of earned income or $3,000; with more than one dependent the credit was based on the smaller of earned income or $6,000. For returns of married couples filing jointly, earned income refers to the earnings of the spouse with the lesser earned income. Exceptions were allowed if the spouse was disabled or a full-time student. The credit was equal to 35 percent of eligible expenses for taxpayers with adjusted gross income of $15,000 or less. The credit was reduced by one percentage point for each $2,000 or fraction thereof of adjusted gross income in excess of $15,000 up to $43,000. The credit remained at 20 percent of expenses for individuals with adjusted gross income over $43,000. The amount of the credit which could be claimed was limited to income tax before credits, and any excess was not refundable.
(line 24, Form 1040) Qualified business expenses were deductible for reservists, performing artists, and fee-basis
136
Individual Returns 2006 years). For all charitable contributions of $250 or more, a written acknowledgment from the qualified recipient organization was required. Starting in 2006, taxpayers were able to make a tax free distribution from an Individual Retirement Account to certain charitable organizations if they were at least 70 ½ years old. However, the taxpayer could not take a charitable deduction on Schedule A for the same contribution.
Child Tax Credit ∆
(line 53, Form 1040) A credit was allowed for each qualifying child under 17. To be a qualifying child, the person had to be a son, daughter, stepchild, grandchild, adopted child, or qualifying foster child for whom the taxpayer claims a dependent exemption. Taxpayers, who could not claim children as a dependent exemption, may have been able to claim them for the child tax credit, using form 8901. The taxpayer could claim up to $1,000 for each child meeting the AGI phase out guidelines. The credit was phased out by $50 for each $1,000, or fraction thereof, that AGI exceeded: $110,000 for taxpayers filing jointly; $55,000 for married filing separately; and $75,000 for single filers, head of households, or widow(ers). An additional child tax credit could have been refundable. The taxpayer had to meet the general requirements and some additional requirements. The additional child tax credit was not included in credits but instead as a payment (line 68, Form 1040). The credit limit based on earned income was 15 percent of the taxpayer’s earned income that exceeded $11,300. Members of the US Armed Forces, who served in a combat zone, had their nontaxable combat pay count as earned income in figuring this credit.
Credit for Federal Tax on Gasoline and Special Fuels ∆
(line 70b, Form 1040) This refundable credit (claimed on Form 4136) was allowed for federal excise taxes paid on gasoline and special fuels, such as gasohol and diesel fuel, provided the fuel was used for certain purposes (such as farm or non-highway use in a trade or business), bought at a price that included the tax, and a refund of the tax was not requested or received. The credit could reduce unpaid total tax liability or could be refunded.
Credit for the Elderly or Disabled
Contributions Deduction
(lines 15-18, Schedule A) Taxpayers could deduct contributions to certain organizations that were religious, charitable, educational, scientific, or literary in purpose. Contributions could be in cash, property, or out-of-pocket expenses that a taxpayer paid in doing volunteer work for a qualified organization. Contributions were allowed as an itemized deduction on Schedule A. Cash contributions were generally limited to one-half of the taxpayer’s AGI, while contributions of capital gain property were generally limited to 30 percent (20 percent in certain cases) of the taxpayer’s AGI. Contributions which could not be deducted due to the AGI limitation could be carried over to future years (and brought over from previous
(line 49, Form 1040) A credit (claimed on Schedule R) for the elderly or permanently and totally disabled was available to taxpayers age 65 or older (within certain income limitations), and to those taxpayers under age 65 who had retired with a permanent and total disability and who had received taxable income from a public or private employer because of that disability. The income to which the credit could be applied was reduced by nontaxable amounts of social security and railroad retirement benefits, veterans’ pensions, and any other pension, annuity, or disability benefits that were excluded from income under any other provisions of the law. An individual was considered permanently and totally disabled when he or she could not engage in any substantial gainful activity because of a physical or mental condition which had lasted, or was expected to last, at least twelve months, or was determined to be terminal. The maximum credit available ($1,125) was limited to total income tax with any excess not
Explanation of Terms refundable, and was reduced if the taxpayer’s income exceeded certain levels. Generally, if a taxpayer’s income was high enough to require the reporting of social security benefits as taxable income, the taxpayer could not take the credit.
137 Ordinary dividends did not include nontaxable distributions of stock or stock rights, returns of capital, capital gains, or liquidation distributions. Taxpayers were also instructed to exclude amounts paid on deposits or withdrawable accounts in banks, mutual savings banks, cooperative banks, savings and loan associations, and credit unions, which were treated as interest income. Qualified dividends are the ordinary dividends received in tax years beginning after 2002 that met certain conditions. These included: the dividend must have been paid by a U.S. corporation or a “qualified” foreign corporation; the stock ownership must have met certain holding period requirements; the dividends were not from certain institutions, such as mutual savings banks, cooperative banks, credit unions, tax-exempt organizations, or farmer cooperatives; and the dividends were not for any share of stock which was part of an employee stock ownership plan (ESOP). The maximum tax rate for qualified dividends was 15 percent (generally 5 percent for taxpayers whose other income was taxed at the 10 percent or 15 percent rate).
Credit from Companies
Regulated
Investment
(line 70a, Form 1040) Taxpayers were required to include in total income any amounts which were allocated to them as undistributed long-term capital gains of regulated investment companies. If investment companies paid tax on the capital gain, taxpayers were entitled to claim a refundable credit (claimed on Form 2439) for their proportionate share of the tax paid.
Credit to 2007 Estimated Tax
(line 75, Form 1040) This amount was the part of the overpayment of 2006 tax which taxpayers specifically requested to be credited to their estimated tax for 2007. (See also “Overpayment” and “Estimated Tax Payments.”)
Domestic Production Activities Credit
Deduction of Self-Employment Tax
(line 27, From 1040) If a taxpayer had income from self-employment and owed self-employment tax, one-half of that tax was deductible for income tax purposes. The amount was subtracted as an adjustment to total income in the calculation of AGI. (See also “SelfEmployment Tax.”)
Dividends
(line 35, Form 1040) A taxpayer could have deducted up to 3 percent of qualified production activities with some limitations. Activities included construction performed in the United States; engineering or architectural services performed in the United States; and any lease, rental license, sale, exchange. Other dispositions were also deductible, such as tangible personal property, qualified films and electricity, natural gas, or potable water that the taxpayer produced in the United States.
(lines 9a and 9b, Form 1040) Ordinary dividend income consisted of distributions of money, stock, or other property received by taxpayers from domestic and foreign corporations, either directly or passed through estates, trusts, partnerships, or regulated investment companies. Ordinary dividends also included distributions from money market mutual funds.
Earned Income Credit ∆
(line 66a, Form 1040) The earned income credit (EIC) for 2006 was a maximum of $2,747 for one qualifying child, $4,536 for two or more qualifying children, and $412 for taxpayers with no qualifying children. To be eligible for the credit with children, the taxpayers, other than married taxpayers filing
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jointly, must have had a qualifying child living with them for more than half the year and have had earned income and adjusted gross income each less than $32,001 ($36,348 if more than one qualifying child). For married filing jointly, earned income and adjusted gross income had to be less than $34,001 for one child and $38,348 for two or more children. To be eligible for the credit without children, the taxpayer must have had earned income and adjusted gross income less than $12,120 ($14,120 for married filing jointly) and the taxpayer (or their spouse) must have been at least 25 years of age and less than 65 years old. The credit was generally based on earned income, consisting of wages, salaries, and other employee compensation, plus net earnings from self-employment. A taxpayer, who was a member of the US Armed Forces and served in a combat zone, had certain pay excluded from their income. The taxpayer could have elected to include this pay in earned income when figuring the EIC. Taxpayers with investment income totaling more than $2,800 were not eligible to receive the EIC. Investment income included interest income (taxable and tax-exempt), dividend income, plus interest and dividend income from Form 8814, and capital gain net income. As in previous years, taxpayers could not take the credit if their filing status was married filing separately, or if they claimed the foreign-earned income exclusion. For this report, the earned income credit is divided into three parts: the amount used to offset income tax before credits (limited to the amount needed to reduce income tax after credits to zero); the amount used to offset all other taxes (limited to the amount needed to reduce total tax liability to zero); and the refundable portion. (See also “Advance Earned Income Credit Payments.”)
Earned Income Credit Used to Offset Other Taxes
See “Earned Income Credit.”
Education Credits ∆
Earned Income Credit, Refundable Portion
See “Earned Income Credit.”
(line 50, Form 1040) There were two credits available, the Hope credit and the Lifetime Learning credit. A taxpayer was only able to claim one of the credits per student, not both. The credits were phased out for AGI between $45,000 and $55,000 ($90,000 and $110,000 for married filing jointly). A taxpayer could not take either credit if they were claimed as a dependent on another return, married filing separately, or took a deduction for tuition and fees for the same student. The Hope credit allowed a maximum credit per student of 100 percent of the first $1,100 of qualified tuition and related expenses and 50 percent credit of the next $1,100 of eligible expenses for enrollment in undergraduate programs. Also, the credit only applied to the first two years of postsecondary education. The Lifetime Learning credit could have been used for tuition and expenses for undergraduate, graduate, and professional degree courses. The credit could have been used for an unlimited amount of time, as long as the taxpayer or dependents were enrolled in post-secondary education. The Lifetime Learning credit was a maximum of 20 percent of the first $10,000 of eligible expenses, or $2,000 per return. Education credits were expanded for students attending an eligible education institution in the Gulf Opportunity Zone (GOZ). The Hope credit was increased to 100 percent of the first $2,200 and 50 percent of the next $2,200 for GOZ students. The Lifetime Learning credit was also increased for GOZ students from 20 percent to 40 percent.
Earned Income Credit Used to Offset Income Tax Before Credits
See “Earned Income Credit.”
Education IRA (Coverdell Education Savings Accounts)
Taxpayers could have made nondeductible contributions up to $2,000 annually to an educational IRA for a child under age 18. The earnings and withdrawals were tax-free to the
Explanation of Terms extent that withdrawals did not exceed the beneficiary’s qualified higher education expenses for the year. The educational IRA contribution was phased out for modified AGI between $95,000 and $110,000 (between $190,000 and $220,000 for taxpayers married filing jointly) (See also “Individual Retirement Arrangement Deductible Payments.”)
139 and gains or losses from sales of capital assets or other property, from estate or trust income. Such income (which made up the largest portion of income from estates or trusts) was included on the tax return on the separate lines provided for these income types and was not separately identified for the statistics. A loss from an estate or trust was allocated to the beneficiary only upon settlement or termination of an estate or trust and was limited by the “passive loss” rules. The columns labeled “net income” and “net loss” represent the sum of all income and losses reported from all estates or trusts, i.e., the net amount computed on a return-by-return basis.
Educator Expenses
(included in line 23, Form 1040) If a taxpayer was an eligible educator in kindergarten through grade 12 in 2006, a deduction of $250 ($500 for two educators filing jointly) qualified expenses may have been taken. This deduction could have been taken even if the taxpayer did not itemize deductions.
Estate or Trust Net Income Less Loss
See “Estate or Trust Net Income or Loss.”
Employee Business Expense
See “Unreimbursed Expenses.”
Estimated Tax Payments
Business
Employee
Empowerment Zone and Renewal Community Employment Credit
(included in line 55c, Form 1040) Both the empowerment zone and renewal community credits were available to taxpayers for qualified wages paid or incurred during 2006. Parts of designated urban and rural areas in the United States qualified to receive the benefits of this credit.
Estate or Trust Net Income or Loss
(line 37, Schedule E, Part III) This was the beneficiary’s share of fiduciary income (with the exception of the items described below, which were reported separately) from any estate or trust. Income from estates or trusts included amounts required to be distributed, amounts credited to beneficiaries’ accounts from current-year fiduciary income (whether or not actually distributed), and any other amounts which were properly paid, credited, or required to be distributed for that year. Taxpayers excluded their share of dividends
(line 65, Form 1040) This figure represents the total of the tax payments made for 2006 using Form 1040-ES, and any overpayment from the taxpayer’s 2005 return that was applied to the 2006 estimated tax. Generally, individuals were required to make estimated tax payments if they expected to owe, after subtracting withholding and credits, at least $1,000 in tax for 2006, and they expected withholding and credits to be less than the smaller of: (a) 90 percent of the tax shown on Form 1040 for 2006, or (b) 100 percent of the tax shown on Form 1040 for 2005 (110 percent of the tax shown on Form 1040 for 2005 for taxpayers with adjusted gross income greater than $150,000 ($75,000 for married filing separately)).
Excess Social Security Taxes Withheld ∆
(line 67, Form 1040) If a taxpayer earned more than $94,200 in total wages from two or more employers in 2006, too much social security (FICA) or Railroad Retirement Tax Act (RRTA) tax may have been withheld from his or her wages. (There was no wage base limitation for Medicare tax; therefore, all covered wages were subject to Medicare tax.)
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Individual Returns 2006 and was completed at $273,000; for married persons filing jointly and surviving spouses, the phaseout began at $225,750 and was completed at $348,250; for heads of household, the phaseout began at $188,150 and was completed at $310,650; and for married persons filing separately, the phaseout began at $112,875 and was completed at $174,125.
Filers claimed credit for such overpayment on their income tax returns. The excess social security, or RRTA, taxes withheld could be taken as a credit toward payment of the taxpayer’s income tax, or refunded. In the case of a joint return, the credit was computed separately for each taxpayer.
Exemptions ∆
(lines 6, 42, Form 1040) In the computation of taxable income, a $3,300 deduction was allowed for each exemption claimed if adjusted gross income was less than $112,875. In general, an exemption was allowed for each taxpayer and dependent shown on a return. If an individual who could be claimed as a dependent by another taxpayer also filed his or her own return, that individual could not claim his or her own exemption or any exemptions for dependents. With few exceptions, an individual had to meet several requirements to qualify as a dependent for 2006: 1) The individual was related to the taxpayer (such as a son, daughter, or parent); 2) The individual was under age 19 or a fulltime student under age 24 or any age and was permanently and totally disabled; 3) The individual did not provide half of his or her support for 2006; 4) The individual lived with the taxpayer for more than half of 2006; 5) The individual met certain citizenship requirements; 6) The individual did not file a joint return with his or her spouse; These statistics classify the exemptions as children at home, children away from home, parents, and other. For 2006, taxpayers, if they met certain criteria, could have claimed an additional $500 exemption per person (up to $2000) if they provided housing to a person displaced by Hurricane Katrina. If a taxpayer had AGI above certain levels, his or her personal exemption deduction may have been reduced to one-third of the full amount. For single taxpayers, the phaseout began at $150,500
Farm Net Income or Loss
(line 18, Form 1040) This source of income or loss was reported by individuals who were sole proprietors of farms. When there were two or more farms operated by the same taxpayer, the single amount of profit or loss included in the adjusted gross income represented the combined profit and loss from all farming activities. Farm business total expenses (line 35, Schedule F) were deducted from farm gross income (line 11, Schedule F) to arrive at farm net profit or loss. Gains from certain sales of livestock and crops that qualified for capital gains treatment were excluded from farm net profit or loss and were included in capital gains. Farm rental income was included in total rent net income or loss. (See also “Farm Rental Net Income or Loss.”)
Farm Rental Net Income or Loss
(line 40, Schedule E) Taxpayers were required to report farm rental income and expenses separately from other farm profit or loss if they: a) received income that was based on crops or livestock produced by the tenant, and b) did not manage or operate the farm to any great extent. This income and expenses were reported on Form 4835 with net income less loss then reported on Schedule E. (See also “Total Rent and Royalty Income or Loss.”)
Farm Rental Net Income Less Loss
See “Farm Rental Net Income or Loss.”
Explanation of Terms
141 foreign housing exclusion was left as part of other income. (See also “Other Income.”)
Federal Telephone Excise Tax Credit ∆
(line 71, Form 1040) Taxpayers who were billed after February 28, 2003 and before August 1, 2006, for federal telephone excise tax on long distance or bundled service may have taken a credit or refund for Tax Year 2006. Individuals were eligible to receive this credit even if they owed no tax. Taxpayers could request the standard amount based on the number of exemptions claimed on their return (number of exemptions: 0 = $0, 1 = $30, 2 = $40, 3 = $50, 4 or more = $60) or the actual amount shown on the taxpayers long distance records. Individuals who did not otherwise have to file an income tax return filed a Form 1040EZ-T, Request for Refund of Federal Telephone Excise Tax, in order to obtain their refund. A total of 742,859 Form 1040EZ-T returns were filed for Tax Year 2006.
Foreign Housing Deduction ∆
(included in the total on line 36, Form 1040) Qualified taxpayers who had foreign housing expenses that were not provided by their employer were eligible to deduct these expenses from total income. Starting in 2006, this deduction was generally limited to $24,720. This deduction together with the foreign-earned income exclusion was limited to the total amount of foreign-earned income for 2006.
Foreign Tax Credit
Filing Status
See “Marital Filing Status.”
Foreign-Earned Income Exclusion ∆
(included in line 21, Form 1040) Qualified taxpayers could exclude from total income a certain amount of their foreign-earned income and employer-provided foreign housing expenses if their home, for tax purposes, was in a foreign country. For 2006, taxpayers had to refigure their tax using the foreign-earned income worksheet. The refigured tax was based on nonexcluded income using the tax tables that would have applied had they not claimed the exclusion. Qualifying individuals were limited to the lesser of a $82,400 exclusion or their total foreignearned income. Also, they could elect to exclude a portion of employer-provided foreign housing expenses. If the taxpayer elected to take both the foreign-earned income and foreign housing exclusions, the total amount of both exclusions was limited to the taxpayer’s total foreign earned income. The foreign-earned income exclusion was entered as a negative amount on this line by the taxpayer but edited into a separate field during service center processing. The employer-provided
(line 47, Form 1040) Individuals who paid income or excess profit taxes to a foreign country or U.S. possession could claim either this credit against Federal income tax liability, or take an itemized deduction for the amount of the foreign tax payment. Depending on the taxpayer’s income and taxes, the foreign tax credit could be less than the amount of foreign tax paid. Qualifying foreign taxes paid in excess of the allowable amount for Tax Year 2006 could be carried back 1 year and then forward 10 years.
Forms 1040, 1040A, and 1040EZ
The individual income tax system utilizes three major forms to collect income and tax information: the 1040, 1040A, and 1040EZ. A variation of the basic forms is an electronically filed form. Returns of all types were included in the population of returns subjected to sampling, and were classified by the guidelines for filing a standard form (i.e., Forms 1040, 1040A and 1040EZ), discussed below. For example, if a return was filed electronically that could have been a Form 1040EZ had it been filed on paper, it would have been considered a Form 1040EZ in the statistics. However, a paper return that could have been filed on a simpler form is classified by the form on which it was actually filed. The forms represented different levels of complexity in regard to the information reported. The Form 1040EZ for instance, could only be
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Individual Returns 2006 • the disabled access credit, • the renewable electricity production credit, • the Indian employment credit, • the credit for employer social security and Medicare taxes paid on employee tips, • the orphan drug credit, • the new markets credit, • small employer pension plan startup credit • employer-provided child care facilities and services credit • qualified railroad track maintenance credit, • biodiesel fuels credit, • low sulfur diesel fuel production credit, • distilled spirits credit, • nonconventional source fuel credit, • energy efficient home credit, • energy efficient appliance credit, • alternative motor vehicle credit, • alternative fuel vehicle refueling property credit, • the community development corporation credit, • mine rescue team training credit, • the credit from electing large partnerships, • and credit for employers affected by Hurricane Katrina, Rita, or Wilma Taxpayers claiming more than one of the credits were required to summarize them on Form 3800, General Business Credit. The general business credit was limited to 100 percent of the first $25,000 ($12,500 for a married couple filing separately) of tax liability and 25 percent of the excess over $25,000. If the current year general business credit exceeded the tax liability limitation, the excess amount could be carried back to the preceding tax year, then forward 20 years.
used if taxable income was less than $100,000, non-wage income came from only a limited number of sources, and the taxpayer did not itemize deductions. The Form 1040A could only be used if taxable income was less than $100,000, non-wage income came from only a limited number of sources, and the taxpayer did not itemize deductions. The Form 1040 had to be used if taxable income was greater than $100,000. In addition, the taxpayer had to file Form 1040 if he or she itemized deductions or had income (or losses) from a source not provided for on Form 1040A or 1040EZ, used certain tax provisions, or had certain tax credits not on Form 1040A or 1040EZ. (These forms can be found in Section 5, 2006 Forms.)
Gambling Earnings
(included in line 21, Form 1040) Gambling earnings include proceeds from lotteries, raffles, etc, and are included in line 21, Form 1040. These gambling earnings were edited into a separate field during service center processing. Gambling losses were not allowed to offset winnings on line 21. Instead, gambling losses were an itemized deduction reported on Schedule A. (See also “Gambling Loss Deduction” and “Other Income.”)
Gambling Loss Deduction
(included in line 27, Schedule A) Gambling losses (to the extent of gambling winnings) were fully deductible for taxpayers who itemize deductions. (See also “Gambling Earnings”, “Total Itemized Deductions”, and “Miscellaneous Itemized Deductions.”)
General Business Credit ∆
(line 55a, Form 1040) The general business credit consisted of the: • investment credit, • the work opportunity credit, • the welfare-to-work credit, • the research credit, • the low-income housing credit, • the enhanced oil recovery credit,
General Sales Tax Deduction
See “Sales Tax Deduction.”
Explanation of Terms
143
Health Coverage Credit Health Insurance Credit)
(formerly
Income Tax After Credits
(line 70c, Form 1040) A taxpayer who was an eligible trade adjustment assistance (TAA), alternate TAA, or Pension Benefit Guaranty Corporation pension recipient was able to take the credit. A taxpayer could not take the credit if they were covered under any employer-sponsored health plan. The credit was equal to 65 percent of the amount the taxpayer paid for qualified health insurance for 2006 minus any Archer medical savings account and health savings account (HSA) distributions used to pay the amount.
(line 57 minus part or all of line 66a, Form 1040) To arrive at income tax after credits, taxpayers deducted total credits (line 56, Form 1040) from income tax before credits (line 46, Form 1040). For the statistics, tax was further reduced by the portion of the earned income credit which did not result in a negative tax. This portion of the earned income credit was included in the total credits as “earned income credit used to offset income tax before credits.” Any tax remaining after subtraction of all credits and the earned income credit was tabulated as “income tax after credits.”
Health Savings Account Deduction ∆
Income Tax Before Credits
(line 25, Form 1040) A taxpayer could have taken a deduction for contributions to a Health Savings Account. The deduction was limited to the annual deductible on the qualifying high deductible health plan, but not more than $2,700 ($5,450, if family coverage). These limits were $700 higher if the taxpayer was age 55 or older ($1,400 higher if both spouses were 55 or older). A taxpayer could not contribute to an HSA starting the first month he or she was enrolled in Medicare.
(line 46, Form 1040) This amount consisted of the tax liability on taxable income, computed by using the tax tables, tax rate schedules, Schedule D Tax worksheet, Schedule J (Income averaging for farmers and fishermen), or Form 8615, plus Form(s) 8814 (line 44a), any additional taxes from Form 4972 (line 44b), and the alternative minimum tax (line 45). (See also “Tax Generated.”)
Income Tax Withheld
Home Mortgage Interest Deduction
(lines 10+11, Schedule A) See “Interest Paid Deduction.”
(line 62, Form 1040) Taxpayers paying domestic employees more than $1,500 generally had to pay social security and Medicare taxes for these employees with their income tax return by filing Schedule H, Household Employment Taxes.
Household Employment Taxes ∆
(line 64, Form 1040) Income tax withheld included amounts deducted from salaries, wages, and tips, as reported on Form W-2; deducted from pensions, annuities, and certain gambling winnings as reported on Forms 1099-R and W-2G; and withheld from distributions of profit-sharing, retirement plans, and individual retirement accounts, as reported on Form 1099-R. In some cases, a backup withholding rate of 31 percent was required for interest, dividend, and royalty payments which, generally, were not subject to withholding.
Income Subject to Tax
See “Modified Taxable Income.”
Individual Retirement Arrangement (Deductible) Payments ∆
(line 32, Form 1040) An individual retirement arrangement (IRA) is a savings program that generally allows a taxpayer
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Individual Returns 2006 year had to be made no later than the due date of the individual’s return for that year. (See also “Roth IRA” and “Education IRA.”)
to set aside money for retirement. In addition to the traditional IRA, there were two other plans for the taxpayer: the education IRA and the Roth IRA. Information on these two IRA’s can be found under their separate headings. Taxpayers not covered by an employment retirement plan may have been able to deduct all contributions to a traditional IRA. For taxpayers covered by a retirement plan at work, the traditional IRA deduction phased out between $75,000 and $85,000 of modified AGI for married persons filing jointly and surviving spouses; between $50,000 and $60,000 for single filers, heads of households, or married filing separately taxpayers living apart; and between $0 and $10,000 for married filing separately taxpayers living together. If one spouse was an active participant in an employer plan but the other was not, the deduction for the IRA contribution of the spouse not covered by an employer plan phased out between modified AGI of $150,000 and $160,000. Deductible contributions could be subtracted from the employee’s total income in arriving at adjusted gross income. Contributions to an IRA (whether or not they were deductible) were limited to the lesser of: (a) the individual’s taxable compensation for the year, or (b) $4,000 ($5,000 if age 50 or older). Married couples filing a joint return could contribute up to $4,000 ($5,000 if age 50 or older) to each spouse’s IRA, even if one spouse had minimal or no compensation. Therefore, the total combined IRA contributions could be up to $8,000 ($10,000 if age 50 or older) for a year. Unless they were disabled, taxpayers could not start withdrawing funds from the traditional account until they reached age 59-1/2. After age 701/2 taxpayers were required to begin withdrawals. Penalty taxes were assessed if the taxpayer failed to comply with these limitations. The additional tax on early withdrawals from a traditional IRA was eliminated if the distributions were used for qualified higher education expenses. This additional tax was also eliminated on distributions up to $10,000 from traditional or Roth IRA’s if the distributions were used to buy, build, or rebuild a qualified first home. Payments to an IRA for a particular taxable
Individual Retirement Arrangement Taxable Distributions ∆
(line 15b, Form 1040) Any money or property received from a taxpayer’s IRAaccount was considered a distribution and, generally, had to be included in the taxpayer’s total income in the year received. Exempted from this rule were tax-free roll-over distributions from one retirement account to another, distributions where the payout represented previously taxed non-deductible IRA contributions, distributions from a Roth IRA, and distributions from an IRA made directly by the trustee to a qualified charitable organization where the taxpayer was at least 70 ½ when the distribution was made. If a taxpayer converted from a traditional IRA to a Roth IRA, the taxpayer was required to include in gross income the amount that they would have reported in income if they had made a withdrawal from this IRA. The taxpayer did not include in gross income any part of the conversion that was a nondeductible contribution in a traditional IRA. Starting in 2005, qualified hurricane distributions by Hurricanes Katrina, Rita, and Wilma. were not subject to the additional 10 percent tax on early distributions by taxpayers affected
Interest Paid Deduction
(line 14, Schedule A, includes all lines 10-13) The rules for deducting home mortgage interest for 2006 were: (1) if a taxpayer took out a mortgage before October 13, 1987, secured by the taxpayer’s main or second home, all the interest was deductible, (2) if the taxpayer’s mortgage was after October 13, 1987, and the funds were used to buy, build, or improve that home, all interest could be deducted if the total of all mortgages on the property was $1 million or less ($500,000 if married filing separately), and (3) taxpayers could deduct all of the interest on an additional $100,000 ($50,000 if married filing separately) of mortgages on their main or second home other than to buy,
Explanation of Terms build, or improve that home. Generally, investment interest (interest paid on money borrowed that is allocable to property held for investment) was fully deductible up to the amount of net investment income. Beginning in 1993, the net investment income that was to be compared to investment interest could not include any net capital gains that were taxed on the capital gain tax rates or qualified dividends. Interest relating to business, royalty, and rental income was deducted directly from these items and was not reflected in the interest paid statistics.
145 on Schedule A, but were limited to the amount that exceeded 2 percent of adjusted gross income. These included: unreimbursed employee business expenses (including qualifying educational expenses), tax preparation fees, expenses paid to produce or collect taxable income, and expenses paid to manage or protect property held for earning income (including safe deposit boxes).
Long-Term Capital Gain or Loss
Interest Received
See “Taxable Interest Received.” See “Tax-Exempt Interest.”
(line 15, Schedule D) These include gains or losses from sales of capital assets held more than one year. (See also “Sales of Capital Assets, Net Gain or Loss.”)
Interest, Tax-Exempt
Long-Term Gain or Loss from Other Forms
(line 11, Schedule D) The other forms include: • Long-term gains from Forms 4797, 2439, and 6252; • Long-term gain or loss from Forms 4684, 6781, and 8824 See “Sales of Capital Assets, Net Gain or Loss.”
Investment Interest Expense Deduction
(line 13, Schedule A) See “Interest Paid Deduction.” and “Total Itemized Deductions.”
Itemized Deductions
See “Total Itemized Deductions” and specific itemized deductions.
Long-Term Loss Carryover
Itemized Deduction Limitation ∆
See “Total Itemized Deductions.”
Jury Duty Pay ∆
(line 34, Form 1040) If a taxpayer gave the jury duty pay to their employer because the employer continued to pay the taxpayer’s salary while they served on the jury, the taxpayer could have deducted the amount turned over to the employer, since the jury duty pay was also reported in the taxpayer’s total income. For 2006, this jury duty pay was reported on line 34 on Form 1040.
(line 14, Schedule D) Long-term capital losses from the prior year Schedule D that are carried over to the current year. (See “Sales of Capital Assets, Net Gain or Loss.”)
Marginal Tax Rates
Different portions of taxable income are taxed at different rates. The tax rate applied to the last dollar of income is called the “marginal tax rate” for that return. (See also “Tax Generated.”)
Marital Filing Status
Limited Miscellaneous Deductions
(lines 20-26, Schedule A) Certain taxpayer expenses could be deducted
(lines 1-5, Form 1040) The five marital filing status classifications were: (1) returns of single persons (not heads of household or surviving spouses);
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(2) joint returns of married persons; (3) separate returns of married persons; (4) returns of heads of household; and (5) returns of surviving spouses. Marital filing status was usually determined as of the last day of the tax year. The exception was that if one’s spouse died during the tax year, the survivor was considered married for the entire year. If a taxpayer was divorced during the tax year and did not remarry, the taxpayer was considered to be unmarried for the entire year. Surviving spouse status could only be used by those taxpayers whose spouse died in 2004 or 2005, and had a qualifying dependent.
Minimum Tax Credit
(line 55b, Form 1040) A minimum tax credit could be taken for 2006 by certain taxpayers who paid alternative minimum tax for 2005 or prior years. If all of the minimum tax credit (claimed on Form 8801) could not be used for 2006, the excess could be carried forward to later years.
Miscellaneous Deductions Other Than Gambling
(included in line 27, Schedule A) Other fully deductible expenses included such items as impairment-related work expenses for disabled persons, and amortizable bonds. (See also “Miscellaneous Itemized Deductions” and “Total Itemized Deductions.”)
Medical and Deduction
Dental
Expenses
(lines 1-4, Schedule A) Qualified medical expenses included nonreimbursed payments made for the diagnosis, treatment, or prevention of disease or for medical or dental insurance. However, taxpayers who took the self-employed health insurance adjustment had to reduce their total premium deduction by the amount of the adjustment (see “Self-Employed Health Insurance”). In general, medical and dental expenses could be claimed as an itemized deduction to the extent that they exceeded 7.5 percent of adjusted gross income. Amounts paid for medicine and drugs were deductible only if they were not available except by prescription or were for insulin. Taxpayers could deduct costs for transportation to obtain medical care and also a maximum of $50 per day for certain lodging expenses incurred while traveling to obtain medical care. (See also “Total Itemized Deductions.”)
Miscellaneous Deductions Subject to 2% AGI Limitation
(lines 20-26, Schedule A) See “Limited Miscellaneous Deductions” and “Miscellaneous Itemized Deductions.”
Miscellaneous Itemized Deductions
Medical and Limitation
Dental
Expenses
(lines 20-27, Schedule A) Miscellaneous itemized deductions were divided into two types. The first, such as employee business expenses, included those items that were limited to the amount that exceeded 2 percent of adjusted gross income, while the expenses of the other types, such as gambling losses not in excess of gambling winnings, and casualty and theft losses of income producing property were fully deductible. (See also “Gambling Loss Deduction,” “Limited Miscellaneous Deductions,” and “Miscellaneous Deductions Other Than Gambling.”)
(line 3, Schedule A) See “Medical and Dental Expenses Deduction” and “Total Itemized Deductions.”
Modified Taxable Income
Medical Savings Account Deduction
See “Archer Medical Savings Account Deduction.”
“Modified taxable income” is the term used to describe “income subject to tax,” the actual base on which tax is computed for the statistics in Tables 3.4 , 3.5, and 3.6. For most taxpayers filing current year returns, modified taxable income is identical to “taxable income.” For those returns
Explanation of Terms with a Form 8814, Parents’ Election To Report Child’s Interest and Dividends attached, modified taxable income includes the sum of all children’s interest and dividend income taxed at a 10 percent rate, as well as the parent’s taxable income. For prior year returns included in the 2006 statistics, a modified taxable income was calculated by using the tax rate schedule for 2006 to impute a hypothetical taxable income amount necessary to yield the given amount of tax reported. A person who has no tax will have no modified taxable income. Since the tax rate schedule is used to generate the modified taxable income, it is possible for a person to have up to four dollars of taxable income but have no modified taxable income because their tax reported would be zero.
147
Net Operating Loss
(included in line 21, Form 1040) Net operating loss was the excess loss of a business when taxable income for a prior year was less than zero. The loss could be applied to the AGI for the current year and carried forward up to 20 years. (See also “Other Income.”)
Net Short-Term Gain or Loss from Sales of Capital Assets
See “Sales of Capital Assets, Net Gain or Loss,” also “Short-Term Capital Gain or Loss.”
Nonconventional Source Fuel Credit ∆
Moving Expenses Adjustment
(line 26, Form 1040) Taxpayers deducted current-year qualified moving expenses in the calculation of adjusted gross income as a statutory adjustment. In order to qualify for this deduction, the new work place had to be at least 50 miles farther from the former residence than the former work place. Deductible expenses included those incurred to move household and personal goods, and travel including lodging en route to the new residence. Expenses no longer deductible included: meals while moving from the old residence to the new residence; travel expenses for pre-move house hunting trips; expenses while occupying temporary quarters in the area of the new job; and qualified residence sale, purchase, and lease expenses.
(included in line 55c, Form 1040) This nonrefundable credit was available to taxpayers who sold fuel produced from a nonconventional source. Examples were coke and coke gas, gas produced from geopressured brine or biomass, and liquid, gaseous, or solid synthetic fuels produced from coal. For 2006 this credit was claimed on line 1s on Form 3800, General Business Credit.
Nondeductible Passive Losses
(calculated on Form 8582) Nondeductible passive losses were calculated by subtracting deductible passive losses reported on Form 8582 (line 16) from total current year passive losses (lines 1b+2a+3b) and were limited to zero.
Nontaxable Returns
Net Capital Gain Less Loss in AGI
See “Taxable and Nontaxable Returns.”
See “Sales of Capital Assets, Net Gain or Loss.”
Nontaxable Combat Pay Election
Net Long-Term Gain or Loss from Sales of Capital Assets
See “Sales of Capital Assets, Net Gain or Loss,” also “Long-Term Capital Gain or Loss.”
(line 66b, Form 1040) For Tax Year 2006, members of the U.S. Armed Forces who served in a combat zone could have excluded certain pay from their income. The qualified taxpayer’s entitlement to the pay must have been fully accrued in a month during which they served in a combat zone or were hospitalized as a result of wounds, disease, or injury incurred
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while serving in the combat zone. However, this nontaxable pay was used to gain benefits for both the EIC and additional child tax credit purposes.
Other Income Less Loss
See “Other Income.”
One-Half of Self-Employment Tax Ordinary Dividends
(line 9a, Form 1040) See “Dividends.”
Other Payments
See “Deduction for Self-Employment Tax.”
(line 70, Form 1040) See “Credit for Federal Tax on Gasoline and Special Fuels”, “Credit from Regulated Investment Companies”, and “Health Coverage Credit” (formally known as Health Insurance Credit).
Other Adjustments
Other Tax Credits
(included in line 36, Form 1040) See “Statutory Adjustments.”
Other Income
(included in lines 54c, 55c, 56, Form 1040) “Other tax credits” is a residual category in the statistics. It includes other miscellaneous credits that did not belong in any other category and were used to offset income tax before credits.
(line 21, Form 1040) Included in other income were items such as taxable distributions from a Coverdell education savings account, distributions from qualified tuition programs (though some may be excluded if not more than the taxpayer’s qualified higher education expenses), taxable distributions from health savings accounts or Archer MSA’s, prizes, awards, jury duty fees, Alaska permanent fund dividends, alternative trade adjustment assistance payments, reimbursements for medical expenses, real estate taxes, or home mortgage interest taken as a deduction in a previous year, children’s interest and non-qualified dividends from Form 8814, and any other income subject to tax for which no specific line was provided on the return form. Any foreign-earned income exclusions or “net operating loss” in an earlier year (that was carried forward and deducted for 2006) were entered as a negative amount on this line by the taxpayer but edited into separate fields during service center processing. However, any employer-provided foreign housing exclusions were included in other income (as a negative amount). Gambling earnings, which were entered on this line by the taxpayer, were edited into a separate field during service center processing.
Other Taxes Deduction
(line 8, Schedule A) Other taxes consisted of any deductible tax other than state and local income taxes, real estate taxes, and personal property taxes. Examples of other taxes are taxes paid to a foreign country or U.S. possession. (See also “Personal Property Tax” and “Taxes Paid Deduction.”)
Overpayment
(line 73, Form 1040) An overpayment of tax occurred when “total tax payments” exceeded “total tax.” Overpayments included the amount of any “refundable portion of the earned income tax credit.” An overpayment could be refunded or credited toward the estimated tax for the following year. (See also “Credit to 2007 Estimated Tax” and “Refund.”)
Overpayment Refunded
(line 74a, Form 1040) See “Overpayment” and “Refund.”
Parents’ Election to Report Child’s Interest and Dividends ∆
(calculated on Form 8814) A parent could elect to report on his or her
Explanation of Terms return income received by his or her child. If the election were made, the child was not required to file a return. A parent could make this election if the child: • was under age 18 on January 1, 2007; • had income only from interest and dividends including Alaska permanent fund dividends, and capital gain distributions; • had gross income for 2006 that was more than $850 but less than $8,500; • did not file a joint return; • had no estimated tax payments for 2006; • did not have any overpayment of tax shown on his or her 2005 return applied to the 2006 return; and • had no Federal income tax withheld from his or her income (backup withholding). If the parents were not filing a joint return, special rules applied to determine which parent could make the election. (See also “Modified Taxable Income” and “other income.”)
149 limited under new rules to the amount that could offset passive income.
Partnership and S Corporation Net Income Less Loss
See “Partnership and S Corporation Net Income or Loss.”
Passive Activity Losses
Losses generated by any “flow-through” business activity (such as partnerships or S Corporations for which profits and certain other amounts were passed directly through to the owners), in which the taxpayer did not “materially participate” (i.e., was not involved regularly and substantially in the operations of the activity) qualified as passive activity losses. (See also “Nondeductible Passive Losses.”)
Partnership and S Corporation Net Income or Loss
(line 32, Schedule E) Partnerships and S Corporations (formerly Subchapter S Corporations) are not taxable entities; therefore, tax on their net profit or loss was levied, in general, directly on the members of the partnership or shareholders of the S Corporation. The profit or loss shown in the statistics was the taxpayer’s share of the ordinary gain or loss of the enterprise, and certain payments made to the taxpayer for the use of capital or, for partnership, as salary. Net long-term capital gains received from partnerships and S Corporations were reported on Schedule D. If a return showed net income from one partnership or S Corporation and a net loss from another, the two were added together, and the return was tabulated by the net amount of income or loss in the appropriate column. Beginning in 1987, net income and net loss were reported separately for passive and non-passive partnership and S Corporation activities. Passive losses were
(line 69, Form 1040) This payment was made when the taxpayer filed Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. The extension granted the taxpayer an additional period of time to file a tax return, but did not extend the time for the payment of the expected tax. Full payment of any tax due had to be made with the application for extension.
Payment with Request for Extension of Filing Time
Payments to a Keogh Plan
(line 28, Form 1040) Self-employed individuals were allowed to contribute to a Keogh retirement plan or a simplified employment pension plan for themselves and to deduct all or part of such contributions in computing adjusted gross income. The amount which could be deducted was based on net earnings from self- employment.
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Penalty Savings
on
Early
Withdrawal
of
(line 30, Form 1040) Taxpayers who paid penalties for the premature withdrawal of funds from time savings accounts or deposits could deduct those penalties as an adjustment to total income.
Penalty Tax on Qualified Retirement Plans
(line 60, Form 1040) If taxpayers withdrew any funds from an Individual Retirement Arrangement or qualified retirement plan before they were either age 591/2 or disabled, they were subject to a penalty tax equal to 10 percent of the premature distribution. Any taxpayer who failed to withdraw the minimum required distribution after reaching age 70-1/2 had to pay a 50 percent excise tax on the excess accumulation. Contributions to the IRA in excess of the legal limitation for the year (the lesser of $4,000, $8,000 if married filing jointly, or the taxpayer’s compensation for the year) were subject to an excise tax equal to 6 percent of the excess contribution.
pension was reported on lines 16a and 16b. For the taxpayer who participated in a contributory retirement plan while employed, the amount received was only partially taxable. In general, the amount excludable from gross income, the nontaxable portion, represented the taxpayer’s contributions under the plan, while the taxable portion represented the employer’s contribution and earnings on the entire investment. The nontaxable contribution had to be amortized over the expected lifetime of the taxpayer. The entire amount of pensions and annuities received for the year was reported on line 16a of the Form 1040. The taxable portion was computed on a separate worksheet and entered on line 16b.
Personal Property Taxes Deduction
(line 7, Schedule A) Personal property tax could be included as a deduction if the tax was an annual tax based on value alone. (See also “Taxes Paid Deduction.”)
Predetermined Estimated Tax Penalty
Pensions and Annuities
(lines 16a, 16b, Form 1040) Generally, pensions are periodic income received after retirement for past services with an employer, while annuities are income payable at stated intervals after payment of a specific premium. A taxpayer could acquire a pension or annuity either by purchase from a commercial organization (usually life insurance, endowment, or annuity contracts) or under a plan or contract connected with the taxpayer’s employment. Those pensions or annuities obtained in connection with employment could be purchased entirely by the taxpayer or could be financed in part (a contributory plan) or in whole (a non-contributory plan) by contributions of the employer. Since a non-contributory plan was paid for entirely by an employer, the amount received by the employee was fully taxable. This fully taxable
(line 77, Form 1040) If a return showed taxes of $1,000 or more owed on line 76 (tax due at time of filing) and this amount was more than 10 percent of the total tax, the taxpayer could owe a penalty, unless tax payments in the current year equaled or exceeded prior-year tax liability (provided prior-year liability was greater than zero). Also, taxpayers could owe a penalty if they underpaid their 2006 estimated tax liability for any payment period. Form 2210 was used to determine the amount of a penalty, if any. For this report, the predetermined estimated tax penalty includes only the amount calculated by the taxpayer when the return was initially filed.
Qualified Dividends
(line 9b, Form 1040) See “Dividends.”
Explanation of Terms
151
Real Estate Taxes
(line 6, Schedule A) This amount included taxes paid on real estate that was owned and not used for business by the taxpayer. The real estate taxes could only be used as a deduction if the taxes were based on the assessed value of the property. Also, the assessment had to be made uniformly on property throughout the community, and the proceeds had to be used for general community or governmental purposes. (See also “Taxes Paid Deductions”).
Rent and Royalty Net Income
(lines 24, Schedule E) If the combination of rent income and losses and royalty income and losses resulted in a positive amount it was considered rent and royalty net income. It is possible for a taxpayer to have both rent and royalty income and losses.
Rent and Royalty Net Loss
Recapture Taxes
(included in line 63, Form 1040) See “Tax from Recomputing Prior Year Investment Credit.”
Refund
(lines 25, Schedule E) If the combination of rent income and losses and royalty income and losses resulted in a negative amount it was considered rent and royalty net loss. This amount did not include passive losses that were not deductible, but included carryovers of previous years’ passive losses. It is possible for a taxpayer to have both rent and royalty income and losses. (See also “Passive Activity Losses.”)
(line 74a, Form 1040) A refund of tax included all overpayment of income taxes not applied by the taxpayer as a credit to the next year’s estimated tax. (See also “Overpayment.”)
Rent Net Income or Loss
Refund Credited to Next Year
(line 75, Form 1040) See “Credit to 2007 Estimated Tax.”
Regular Tax Computation
Typically, the taxpayer, in determining the amount of “tax generated,” first computed taxable income. Depending on marital status and size of taxable income, the taxpayer then used the tax table or applied the rates from one of four tax rate schedules to determine tax. Also, returns of taxpayers who had taxes computed by the Internal Revenue Service were classified under the regular tax computation method. If a taxpayer filed a Form 8615 or had any long-term capital gains, or qualified dividends taxed at a rate less than the tax tables, then they were not considered as regular tax computations.
(line 22, columns A,B,C, Schedule E) Rent net income or loss was determined by deducting from gross rent, the amounts for depreciation, repairs, improvements, interest, taxes, commissions, advertising, utilities, insurance, janitorial services, and any other allowable expenses related to the rented property. In the statistics, total rental net loss includes passive losses that were not deductible in figuring AGI. (See also “Passive Activity Losses” and “Total Rent and Royalty Income or Loss in AGI.”)
Rent Net Income Less Loss
See “Rent Net Income or Loss.”
Residential Energy Credit ∆
(line 52, Form 1040) New for 2006, a taxpayer could have received a 10 percent credit for buying qualified energy efficiency improvements for their main home. The maximum credit for all tax years was $500 and no more than $200 of the credit could have been attributable to expenses for windows.
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Individual Returns 2006
Retirement Credit
Savings
Contribution
(line 51, Form 1040) A taxpayer could take a credit of up to $1,000 ($2,000 if married filing jointly) for qualified retirement savings contributions, if their adjusted gross income was less than or equal to $25,000 ($37,500 if head of household, $50,000 if married filing jointly).
Roth IRA ∆
converted an amount from the traditional IRA to a Roth IRA, they were required to include in gross income the amount that they would have reported in income if they had made a withdrawal from this IRA. The taxpayer did not include in gross income any part of the conversion that was a nondeductible contribution in a traditional IRA. Married taxpayers filing separately could not take advantage of this rollover provision. (See also “Individual Retirement Arrangement Taxable Distributions.”)
(lines 16-25c, Form 8606) Similar to traditional IRAs Roth IRAs were generally used for retirement. Unlike traditional IRAs, contributions to a Roth IRA were not deductible. However, qualified distributions from the earnings of a Roth IRA were tax-exempt. The contribution limit for Roth IRAs was the lesser of $4,000 ($5,000 if age 50 or older), $8,000, ($9,000, or $10,000 depending on if none, one, or two of the taxpayers were age 50 or older and married filing jointly) or the individual’s taxable compensation unless the taxpayer contributed to both Roth IRAs and traditional IRAs. In that case, the contribution limit for Roth IRAs was reduced by all contributions (other than employer contributions) to traditional IRAs for the taxable year. The eligibility for Roth IRAs was phased out for joint filers with modified AGI between $150,000 and $160,000, married taxpayers filing separately and living with their spouses with modified AGI between $0 and $10,000, and all other filers (single, head of household, and married filing separately and not living with their spouse at any time during the year) with modified AGI between $95,000 and $110,000. Contributions to Roth IRAs could be made after the taxpayer reached the age of 70½. Also, the minimum distribution rules did not apply to living taxpayers as they did for traditional IRAs. Some taxpayers were also eligible to make taxable rollovers of traditional IRAs to Roth IRAs without paying the 10 percent tax on early withdrawals. Taxpayers had to have a modified AGI of $100,000 or less to be able to roll over a traditional IRA to a Roth IRA. When a taxpayer
Royalty Net Income or Loss
(line 22, columns A, B, C, Schedule E) Net royalties consisted of gross royalties less deductions for depletion, depreciation, office rent, legal fees, clerical help, interest, taxes, and similar items. Gross royalties included revenues from oil, gas, and other mineral rights; revenue from patents; and revenue from literary, musical, or artistic works. Certain royalties received under a lease agreement on timber, coal, and domestic iron ore were eligible for capital gains or ordinary loss treatment under Code section 1231. As a result of the separate computation, those royalties are reflected in the statistics for “sales of capital assets” and “sales of property other than capital assets.” (See also “Total Rent and Royalty Income or Loss in AGI.”)
Royalty Net Income Less Loss S Corporations
See “Royalty Net Income or Loss.”
See “Partnership and S Corporation Net Income or Loss.”
Salaries and Wages
(line 7, Form 1040) Salaries and wages as reported on the tax return were amounts of compensation primarily for personal services. The following items are included: • salaries; • wages;
Explanation of Terms • commissions; • bonuses; • tips; • fees; • excess reimbursement of employee business expenses; • moving expenses allowances; • the difference between the fair market value of certain property and the discount price for which it was purchased by a taxpayer from his or her employer; • severance pay; • sick pay; • the value of exercising a stock appreciation right; • directors’ fees; • vacation allowances; • most disability payments; • strike and lockout benefits; • the value of certain non-monetary payments for services (e.g., merchandise, accommodations, certain meals or lodging, certain stock purchase plans, or property); • dependent care benefits; • employer provided adoption benefits; and • scholarship and fellowship grants. Identifiable amounts for any of these categories, which may have been reported by taxpayers as “other income,” are treated as salaries and wages for the statistics.
153 was one year or less, the asset was considered short-term; otherwise, it was considered longterm. All capital gain distributions (distributions from mutual funds on the profit of sale of stock or bonds to the taxpayer) were considered long-term. Short-term capital gains were taxed at ordinary rates. Net capital gain: If the combination of net short-term gain or loss and net long-term gain or loss resulted in a positive amount, the taxpayer had a net capital gain. The full amount of this gain, whether short-term or long-term was included in adjusted gross income. Net capital loss: If the combination of net short-term gain or loss and net long-term gain or loss resulted in a negative amount, the taxpayer showed a net capital loss. The amount of net capital loss to be included in adjusted gross income was limited to the smaller of the actual net capital loss or $3,000 ($1,500 for married persons filing separately). Any excess capital losses over the $3,000 limit could be carried over to subsequent tax years (“long-term loss carryover” and “shortterm loss carryover” in the statistics). The maximum rate for most long-term net capital gains was 15 percent (generally, 5 percent for taxpayers in the 10- or 15-percent tax bracket). Collectible gains and up to 50 percent of eligible gains on qualified small business stock were taxed at the 28-percent rate. Gains from the sale of certain depreciable real property were taxed at a 25-percent rate. Therefore, the long-term capital gain tax rate could be 5-percent, 15-percent, 25percent, or 28-percent. Taxpayers were generally able to exclude from income up to $250,000 ($500,000 for married couples filing a joint tax return) of the gain on the sale of their homes.
Sales of Capital Assets, Net Gain or Loss ∆
(line 13, Form 1040) In general, capital assets for tax purposes included all property held for personal use or investment. Examples of such assets were homes, furniture, automobiles, and stocks and bonds. Most assets used for business activities were specifically excluded from treatment as capital assets. (See also “Sales of Property Other Than Capital Assets, Net Gain or Loss.”) The following concepts are used in the computation of net capital gain or loss for this report: Long-term or short-term: If the holding period
Sales of Capital Assets Reported on Schedule D
See “Sales of Capital Assets, Net Gain or Loss.”
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Individual Returns 2006 coverage under an employer-provided plan, were allowed to deduct, in the calculation of AGI, up to 100 percent of the amount paid for health insurance for themselves and their families.
Sales of Property Other Than Capital Assets, Net Gain Less Loss
(line 14, Form 1040) Property other than capital assets generally included property of a business nature, in contrast to personal or investment property, which were capital assets. Some types of property specifically included in this group were: (1) certain depreciable, depletable, and real business property; (2) accounts and notes receivable in the ordinary course of business generated from the sale of goods and services ordinarily held for sale by the business or includable in the inventory of the business; (3) certain copyrights, literary, musical, or artistic compositions, or similar properties; and (4) amounts resulting from certain “involuntary conversions,” including net losses from casualty and theft. Taxpayers reported all gains and losses not treated as capital gains on Form 4797, Sales of Business Property.
Self-Employment Tax ∆
(line 58, Form 1040) The ceiling for social security tax on taxable self-employment income for 2006 was $94,200. The limit did not apply for purposes of the Medicare tax. All net earnings greater than $400 ($108.28 for church employees) were also subject to the Medicare tax portion. (See also “Total Tax Liability.”)
Short-Term Capital Gain or Loss
(line 7, Schedule D) These include gains and losses from sale of capital assets held one year or less. (See “Sales of Capital Assets, Net Gain or Loss.”)
Short-Term Gain or Loss from Other Forms
(line 4, Schedule D) The other forms include: • Short-term gains from Form 6252 • Short-term gain or loss from Forms 4684, 6781, and 8824 See “Sales of Capital Assets, Net Gain or Loss.”
Sales Tax Deduction
(included in line 5, Schedule A) Taxpayers could have elected to deduct state and local general sales taxes instead of state and local income taxes as an itemized deduction on Schedule A. The taxpayer could have used either actual expenses or the optional state sales tax tables.
Short-Term Loss Carryover
Schedule D Capital Gain Distributions
See “Sales of Capital Assets, Net Gain or Loss.”
(line 6, Schedule D) These are short-term capital losses from the prior year Schedule D that are carried over to the current year. (See “Sales of Capital Assets, Net Gain or Loss.”)
Self-Employed Deduction
Health
Insurance
Size of Adjusted Gross Income
(line 29, Form 1040) Self-employed persons, or owners of more than 2 percent of outstanding stock of an S Corporation, if they were not eligible for health
(line 37, Form 1040) The amount of adjusted gross income reported by the taxpayer on the return was the basis for classifying data by size of adjusted gross income. Returns without positive adjusted gross income,
Explanation of Terms such as deficit returns or returns on which income and loss were equal, were classified as having “no adjusted gross income” and appear as a separate class in most basic tables. The absence of a class labeled “no adjusted gross income” indicates that any deficit or break-even returns in a table were included in the lowest income size class. (See “Adjusted Gross Income Less Deficit.”)
155 report the uncollected tax and pay it with the Form 1040. If the employee did not report the tips to the employer, the employee was required to compute the social security and Medicare tax on unreported tips on Form 4137 and attach it to Form 1040.
Standard Deduction ∆
Social Security Benefits ∆
(lines 20a, 20b, Form 1040) Social security benefits included any monthly benefit under title II of the Social Security Act or the part of a “tier 1 railroad retirement benefit” that was equivalent to a social security benefit. Social security benefits were not taxable unless the taxpayer’s total income (including tax-exempt interest) plus one-half of total social security benefits exceeded certain levels. The maximum taxable amount was up to 85 percent of the net social security benefits received. Social security benefits received were reported on Form 1040, line 20a and the taxable portion was reported on line 20b. Starting in tax year 2006, taxpayers were required to report gross social security benefits on line 20a even if the taxpayer had no taxable social security benefits.
Social Security and Medicare Taxes ∆
For 2006, the maximum wages subject to social security tax (6.2%) increased to $94,200. All wages were subject to medicare tax (1.45%).
Social Security and Medicare Tax on Tip Income
(line 59, Form 1040) Cash tips amounting to $20 or more received by the taxpayer in a month while working for any one employer were subject to withholding of income tax, social security tax (or the equivalent railroad retirement tax), and Medicare tax. If the employer was unable to withhold the social security and Medicare tax, the amount of uncollected social security tax on tips was indicated on the employee’s Form W-2, and the employee was required to
(included in line 40, Form 1040) For 2006, the basic standard deduction was increased. Taxpayers who were age 65 or over or blind could claim an additional standard deduction amount of $1,000 or $1,250 based on filing status. Both the basic and additional standard deductions were determined by marital filing status, as shown below. Single Basic deduction of $5,150; Each taxpayer 65 or over or blind was allowed an additional $1,250 deduction each for age and blindness. Married filing jointly or surviving spouses Basic deduction of $10,300; Each taxpayer 65 or over or blind was allowed an additional $1,000 deduction each for age and blindness. Married, filing separately Basic deduction of $5,150; Each taxpayer 65 or over or blind was allowed an additional $1,000 deduction each for age and blindness. Head of Household Basic deduction of $7,550; Each taxpayer 65 or over or blind was allowed an additional $1,250 deduction each for age and blindness. The basic standard deduction claimed by filers who were dependents of other taxpayers was the greater of $850 or the dependent’s earned income plus $300 (but not more than the regular standard deduction amount). In the statistics, the basic standard deduction is tabulated for all taxpayers who claimed it, including those who were 65 or over and/or blind. The “additional standard deduction” total includes only the additional amount that was taken by those taxpayers who were 65 or over and/or blind.
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Individual Returns 2006 deductions, and the foreign housing deduction. Each of the above items is described separately in this section. In addition, statutory adjustments included: deduction for clean-fuel vehicles, performing-arts-related expenses, deductible expenses related to income of personal property, the forestation/reforestation amortization deduction, and the repayment of supplemental unemployment benefits under the Trade Act of 1974. If not listed separately, these amounts are included in the “Other Adjustments” category in the statistics.
State Income Tax Refund
(line 10, Form 1040) If a taxpayer received a refund, credit, or offset of state or local income taxes in 2006 that was paid or deducted before 2006, all or part of that amount had to be reported as income to the extent that an itemized deduction for state and local income taxes had previously resulted in a tax benefit.
State and Local Income Taxes
(line 5, Schedule A) State and local income taxes paid could be used as an itemized deduction if a taxpayer had state and local income tax withheld from their salary during 2006; had paid state and local income taxes directly during 2006 for a prior year, or had made mandatory contributions to specific state disability funds. (See also “Taxes Paid Deduction.”)
Student Loan Interest Deduction
State and Local Taxes
(line 5, Schedule A) This is the total of State and Local Income Taxes or Sales Tax Deduction. The taxpayer could elect to use either, but not both.
(line 33, Form 1040) For 2006, eligible taxpayers were allowed to deduct up to $2,500 for interest paid on qualified higher educational loans. The deduction was phased out for taxpayers with modified AGI between $50,000 to $65,000 ($105,000 to $135,000 for taxpayers filing a joint return).
Tax Credits
See “Total Tax Credits.”
Statutory Adjustments
Tax Due at Time of Filing
(lines 23-36, Form 1040) Certain adjustments to total income were allowed as deductions in the calculation of adjusted gross income. For 2006, statutory adjustments included Archer MSA deductions, educator expenses, certain business expenses of certain reservists, performing artists, and feebasis government officials, health savings account deduction, moving expenses, the deduction for onehalf of self-employment tax, payments to a selfemployed Keogh retirement plan or a simplified employee pension (SEP), the self-employed health insurance deduction, penalty on early withdrawal of savings, alimony paid, payments to an IRA, student loan interest deductions, jury duty pay received by the taxpayer and given to the employer if the taxpayer continued to recieve wages while on jury duty, deduction for certain domestic production activities, tuition and fees
(line 76, Form 1040) “Tax due” was reported on returns on which total tax liability exceeded total tax payments.
Tax from Recomputing Investment Credit
Prior-Year
(included in line 63, Form 1040) The investment tax credit provisions of the law included a recapture rule which required taxpayers to pay back some or all of any investment credit previously taken on property disposed of before the end of the useful life claimed in computing the credit. The law specified that if property qualifying for the credit was disposed of before the end of its useful life, the tax for the year of disposal was increased by the difference between the credit originally claimed and the credit that would have been allowed based on the shorter actual life. Tax credits could not be applied against this additional
Explanation of Terms tax. Also tax from recapture of an education credit was reported here.
157 return, they attached a Form 8814. The investment income in excess of $1,700 was included on either Form 1040, line 21 or in the case of capital gains distributions on either Form 1040, line 13 or Schedule D, line 13, or qualified dividends on Form 1040, line 9b. The remaining investment income in excess of the $850 standard deduction was taxed at the child’s rate, added to the parents’ tax on Form 1040, line 44, and is also tabulated separately in Tables 3.4, 3.5, and 3.6. On most returns, except those with additional taxes from special computations, “tax generated” equaled “income tax before credits.” (See also “Modified Taxable Income”)
Tax Generated ∆
This amount was the tax computed on modified taxable income. The tax rates for 2006 were 10, 15, 25, 28, 33, and 35 percent. The 10percent bracket applied to taxable income equal to or below $7,550 for single filers and married persons filing separately; $15,100 for joint filers or surviving spouses; and $10,750 for heads of household. The 15-percent bracket applied to taxable income in excess of the 10-percent bracket ceiling and equal to or below $30,650 for single filers; $61,300 for joint filers or surviving spouses; $30,650 for married persons filing separately; and $41,050 for heads of household. The 25-percent tax bracket applied to taxable income in excess of the 15-percent bracket ceiling and equal to or below $74,200 for single filers; $123,700 for joint filers or surviving spouses; $61,850 for married persons filing separately; and $106,000 for heads of household. The 28 percent tax rate applied to taxable income in excess of the 25 percent tax bracket ceiling and equal to or below $154,800 for single filers; $188,450 for joint filers or surviving spouses; $94,225 for married persons filing separately; and $171,650 for heads of households. The 33 percent tax rate applied to taxable income in excess of the 28 percent tax bracket ceiling and equal to or below $336,550 for single filers, joint filers, or surviving spouses and heads of households and $168,275 for married persons filing separately. The 35 percent tax rate applied to taxable income in excess of the upper boundary for the 33 percent tax bracket. The tax generated at each of these tax rates is shown in Tables 3.4, 3.5, and 3.6. If children under age 18 had investment income that exceeded $1,700, there were two methods of reporting this income. If the child filed his or her own return, the investment income that exceeded $1,700 was taxed at the parents’ rate on Form 8615 (the remaining investment income was taxed at the child’s rate) and tabulated separately in Tables 3.4, 3.5, and 3.6. If the parents elected to report the child’s investment income on their
Tax Payments
(lines 64, 65, 67, 69, 70, 72, Form 1040) These payments were generally made before the return was filed and were applied against tax liability to determine any amount payable or refundable at the time of filing. They consisted of the following: (1) income tax withheld, including backup withholding; (2) estimated tax payments (including those from overpayment on 2005 return); (3) payment with request for extension of filing time; (4) excess social security, Medicare, or railroad retirement tax withheld; (5) credit for tax on certain gasoline, fuel, and oil; and (6) credit from regulated investment companies. Each of the above is described under a separate heading in this section. Although the earned income credit was included with tax payments on the tax return itself (line 66a, Form 1040), for the statistics it is treated partly as a credit against income tax liability and partly as a refundable amount. (See also “Earned Income Credit.”) Also, the additional child credit was included on the tax return as a payment but not treated that way for the statistics.
158
Individual Returns 2006 classification since three of the above taxes were considered social security (rather than income) taxes, and the remaining ones, except for advance earned income payments, were either based on prior year’s income or were penalty taxes. For this report, the earned income credit is treated first as an amount used to offset income tax before credits. Since the earned income credit was refundable, it was subtracted from income tax (for the statistics) after reduction by all other statutory credits. As a result, some returns became nontaxable strictly because of the earned income credit and the earned income credit equaled or exceeded income tax before credits reduced by any other credits. It should be noted that classification as taxable or nontaxable was based on each return as it was filed and does not reflect any changes resulting from audit or other enforcement activities. (See also, “Total Income Tax.”)
Tax Penalty
(line 77, Form 1040) See “Predetermined Estimated Tax Penalty.”
Tax Preparation Fees
(line 21, Schedule A) Tax preparation fees were included on Schedule A as a miscellaneous deduction, the total of which was subject to a 2 percent of AGI floor. The amounts reported in the statistics are prior to this floor. (See also “Limited Miscellaneous Deductions.”)
Tax Rates, Tax Rate Classes
See “Tax Generated.”
Tax Withheld
(line 64, Form 1040) See “Income Tax Withheld.”
Tax-Exempt Interest
Taxable Income
(line 8b, Form 1040) Tax-exempt interest included interest on certain State and municipal bonds, as well as any tax-exempt interest dividends from a mutual fund or other regulated investment company. This was an information reporting requirement and did not convert tax-exempt interest into taxable interest. It is included as income for certain programs, for example for the earned income credit or taxability of social security benefits.
(line 43, Form 1040) Taxable income was derived by subtracting from adjusted gross income any exemption amount and either total itemized deductions or the standard deduction. (See “Modified Taxable Income.”)
Taxable Interest (Received)
Taxable and Nontaxable Returns
The taxable and nontaxable classification of a return for this report is determined by the presence of “total income tax”. Some returns classified as “nontaxable” may have had a liability for other taxes, such as self-employment tax, uncollected employee social security and medicare tax on tips, tax from recomputing prior-year investment credit, penalty taxes on individual retirement accounts, Section 72 penalty taxes, advance earned income credit payments, household employment taxes, or golden parachute payments. These taxes, however, were disregarded for the purposes of this
(line 8a, Form 1040) This amount was the taxable portion of interest received from bonds, debentures, notes, mortgages, certain insurance policy proceeds, personal loans, bank deposits, savings deposits, tax refunds, and U.S. savings bonds. Also included as interest were “dividends” on deposits or withdrawable accounts in mutual savings banks, savings and loan associations, and credit unions. Interest on state or local government obligations remained tax-exempt, but the total tax-exempt interest had to be reported on line 8b of Form 1040. It was not included in the taxpayer’s income for tax purposes. (See also “Tax-Exempt Interest.”)
Explanation of Terms
159 earned income credit) plus the tax from Form 4970. It did not include any of the other taxes that made up total tax liability. Total income tax was the basis for classifying returns as taxable or nontaxable.
Taxable IRA Distributions (in AGI)
(line 15b, Form 1040) See “Individual Retirement Arrangement Taxable Distributions.”
Taxable Pensions and Annuities (in AGI)
(line 16b, Form 1040) See “Pensions and Annuities.”
Total Itemized Deductions ∆
Taxable Social Security Benefits
(line 20b, Form 1040) See “Social Security Benefits.”
Taxes Paid Deduction
(lines 5-9, Schedule A) Taxes allowed as an itemized deduction from adjusted gross income, included personal property taxes, state and local income taxes or general sales taxes, taxes paid to foreign countries or U.S. possessions (unless a foreign tax credit was claimed), and real estate taxes except those levied for improvements that tended to increase the value of the property. Mandatory employee contributions to a state disability fund and employee contributions to a state unemployment fund were also included. Federal taxes were not deductible. Taxes paid on business property were deducted separately on the schedules for business, rent, royalty, and farm income and are excluded from the “taxes paid” statistics in this report.
Total Income
(line 22, Form 1040) Total income was the sum of the individual income items (lines 7 through 21) before adjustments.
Total Income Tax
(line 57 + any Form 4970 tax on line 63 - line 66a, limited to zero, on Form 1040) Total income tax was the sum of income tax after credits (including the subtraction of the
(included in line 40, Form 1040) Itemized deductions from adjusted gross income could be claimed for medical and dental expenses, certain taxes paid, interest paid, charitable contributions, casualty and theft losses, and miscellaneous deductions. Itemized deductions were claimed only if they exceeded the total standard deduction, with three exceptions. First, if a taxpayer was married and filing separately, and his or her spouse itemized deductions, the spouse was required to itemize as well. Second, taxpayers in several states were required to itemize deductions on their Federal tax returns if they wished to itemize on their State returns. Third, if a taxpayer benefited for alternative minimum tax purposes, they might itemize even though the standard deduction was larger. The total amount of itemized deductions was tabulated only from returns showing positive adjusted gross income. If a taxpayer had AGI in excess of $150,500 ($75,250 if married filing separately), his or her itemized deductions may have been limited. The limitation did not apply to the deductions for medical and dental expenses, investment interest expenses, casualty or theft losses, and gambling losses. To arrive at allowable itemized deductions, total itemized deductions were reduced by the smaller of: a) 3 percent of the amount of AGI in excess of $150,500 ($75,250) or b) 80 percent of the non-exempt deductions. For Tax Year 2006, the reduction amount was then divided by 3 and subtracted from the original reduction amount. As a result, the amount by which the deduction was reduced was only 2/3 of the amount of the reduction that would have otherwise applied (for 2005 and previous years).
160
Individual Returns 2006 See “Miscellaneous Itemized Deductions.” Indian coal production credit; (17) alternative motor vehicle credit; (18) other tax credits; (19) earned income credit (EIC) used to offset income tax before credits These amounts were deducted from income tax before credits to arrive at income tax after credits. For the statistics, the portion of the EIC that did not result in a negative amount is tabulated as “earned income credit used to offset income tax before credits.” Any remaining EIC amount could be refunded or applied to other taxes, and is classified separately as “earned income credit refundable portion,” or “earned income credit used to offset other taxes.” All other credits were limited to the amount needed to offset income tax before credits and were not refundable (except the child tax credit – see “Child Tax Credit”) or used to offset any other taxes.
Total Miscellaneous Deductions
Total Rent and Royalty Income or Loss
(line 26 plus lines 39 and 40, Schedule E) This income concept consisted of all rent and royalty income and loss that was used in computing adjusted gross income, including farm rental income and suspended rental loss carryover from prior years. It excluded the portion of rental losses that was not deductible in computing adjusted gross income due to the passive loss rules. Income or loss from real estate mortgage investment conduits were also included in this concept.
Total Statutory Adjustments
(line 36, Form 1040) Total statutory adjustments was the sum of the individual adjustments to income (lines 23-36) (Note: foreign housing, Archer MSA, and other adjustments were reported on line 36).
Total Tax Liability
Total Tax Credits ∆
(lines 56, 66a, Form 1040) For this report, total tax credits consists of the following: (1) foreign tax credit; (2) child care credit; (3) credit for the elderly and disabled; (4) education credits; (5) retirement savings contributions credit; (6) residential energy credit; (7) child tax credit; (8) mortgage interest credit; (9) adoption credit (10) District of Columbia first time homebuyers credit; (11) general business credit; (12) minimum tax credit; (13) qualified electric vehicle credit; (14) empowerment zone and renewal community employment credit; (15) alcohol used as fuel credit; (16) renewable electricity, refined coal, and
(line 63 modified by the earned income credit and additional child tax credit, Form 1040) Total tax liability was the sum of income tax after credits, self-employment tax, social security and Medicare tax on tips, additional tax on HSA and MSA distributions, tax from recapturing prior-year investment credits, low income housing credit, qualified electric vehicle credit, Indian employment credit, new market credit, employerprovided child care facilities credit, tax from recapture of federal mortgage subsidy, taxes from qualified plans (including individual retirement accounts) and other tax favored accounts, Section 72 penalty taxes, household employment taxes, tax on golden parachute payments, Form 4970 tax, excise tax on insider stock compensation from an expatriated corporation, and interest on tax due on installment income from sale of residential lots and timeshares. These taxes were then reduced by the earned income credit used to offset all other taxes (defined under “Earned Income Credit” and “Additional Child Tax Credit”), limited to zero. For the statistics, unlike the Form 1040, total tax liability does not include any advance earned income credit payments.
Explanation of Terms
161 (3) Schedule D, Form 1040, used to compute the tax on long-term capital gains (in excess of short-term capital losses.) These include returns with capital gain distributions reported on Form 1040 or qualified dividends, also. This tax could be at various rates, 5, 15, 25, or 28 percent.
Total Tax Payments
See “Tax Payments.”
Total Taxable IRA Distributions
See “Individual Retirement Arrangement Taxable Distributions.”
Total Unlimited Deductions
Miscellaneous
Unemployment Compensation
(line 27, Schedule A) See “Miscellaneous Itemized Deductions.”
Tuition and Fees Deduction
(included in line 35, Form 1040) A taxpayer was able to deduct up to $4,000 of the qualified tuition and fees paid for themselves, a spouse, or dependents if the taxpayer’s modified AGI was under $65,000 ($130,000 if married filing jointly). A taxpayer was able to deduct up to $2,000 if their AGI was higher than the limit but not more than $80,000 ($160,000 if married filing jointly). This deduction could not be taken if the person could be claimed as a dependent on another taxpayer’s return or if they claimed the education credit for the same student.
(line 19, Form 1040) All unemployment compensation received was taxable. It did not include any supplemental unemployment benefits received from a companyfinanced supplemental unemployment benefit fund, which were included in salaries and wages.
Unreimbursed Expenses
Employee
Business
Type of Tax Computation
(line 44, Form 1040) Tabulations in Table 3.1 include three methods of computing the tax on income subject to tax. These methods were: (1) regular tax, as computed from the tax tables or tax rate schedules accompanying the Forms 1040, 1040A, or 1040EZ. Schedule J, Income Averaging for Farmers and Fishermen, returns are included with regular tax. (See also “Regular Tax Computation”); (2) Form 8615, used to compute the tax on investment income of children under 18; and
(line 20, Schedule A) This item, added together with most other miscellaneous itemized deductions, was subject to a floor of 2 percent of AGI. Unreimbursed employee business expenses included travel, transportation, meal, and entertainment costs incurred while based at or away from home in the performance of job duties. In most cases, fifty percent of meal and entertainment expenses were deductible, and were calculated on Form 2106, Employee Business Expenses. Many other expenses such as union dues, safety equipment, uniforms, protective clothing, and physical examinations were also deductible. Travel expenses away from home, which were paid or incurred, were not deductible if the period of temporary employment was more than one year. The amounts reported in the statistics were prior to the 2 percent floor. (See also “Limited Miscellaneous Itemized Deductions.”)
Section 6
Index
References in the index are either to table or page numbers. Table references appear in the form “X.X” (for example 1.1, 3.2, etc.) or a capital letter (for example A, B, etc.), and page numbers are preceded by the letters pg.
Adjusted gross income less deductions Time Series, 2002-2006 .................................. A Adjusted gross income less deficit Classified by: 1979 income concept ................................. . B Accumulated size of AGI ......................... . 1.1 Age ............................................................. 1.5 Marital status..................................... . 1.2, 1.3 Size of adjusted gross income .... . 1.1, 1.2, 1.4 Type and number of exemptions ....... . 2.3, 2.4 Definition .............................................. . pg 131 Reported on: Returns with earned income credit .......... . 2.5 Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Classified by marginal tax rate .............. . 3.4 Returns with total income tax .................. . 3.2 Time Series, 2002-2006 .................................. A Adjustments (See Statutory adjustments) 261
A
Additional child tax credit (See also basic and standard deductions) Changes in law ........................................ . pg 12 Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Additional standard deduction (See also basic and standard deductions) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Time Series, 2002-2006 .................................. A Additional taxes Definition .............................................. . pg 131 Time Series, 2002-2006 ................................ . A
262
Individual Returns 2006 Definition .............................................. . pg 133 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Time Series, 2002-2006 .................................. A Alternative minimum taxable income (See Alternative minimum tax) Alternative motor vehicle credit Classified by: Marital status............................................ . 1.3 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Archer Medical savings account deduction Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 134 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
Adoption credit Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 133 Advance earned income credit Time Series, 2002-2006 .................................. A Advance earned income credit payments Definition .............................................. . pg 133 Alimony paid Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 133 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Alimony received Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 133 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A All other taxes Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 133 Alternative minimum tax Changes in law ........................................ . pg 12 Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4
B
Basic standard deduction (See also Additional and standard deductions) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Time Series, 2002-2006 .................................. A Business or profession net income or loss Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 134 Reported on:
Index Returns with itemized deduction ............. . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A
263 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 135 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Child tax credit Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 136 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Children at home exemption (See Exemptions) Children away from home exemption (See Exemptions) Coefficient of variation All returns ........................... . 1.4CV and 3.3CV Reported on: Returns with itemized deductions ........ 2.1CV Contributions deduction Carryover from prior years ......................... . 2.1 Classified by: Age .......................................................... 2.6 Marital status......................................... . 1.3 Definition .............................................. . pg 136 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Type of contribution .................................... . 2.1 Credit for elderly or disabled Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3
C
Capital assets (See sales of capital assets, net gain less loss) Capital gain distributions reported on Form 1040 Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Time Series, 2002-2006 .................................. A Capital gains and losses (See sales of capital assets, net gain less loss) Cash contribution deduction (See Contributions deduction) Casualty or theft loss deduction Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 135 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Certain business expenses of reservist, performing artist, etc. Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 135 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Child care credit Classified by: Age ............................................................. 3.7
264
Individual Returns 2006 Description of the sample Data capture and cleaning ....................... . pg 24 Domain of study...................................... . pg 23 Method of estimation .............................. . pg 24 Sample design and selection ................... . pg 23 Sampling variability and confidence Intervals ................................................ . pg 24 Table presentation ................................... . pg 25 Domestic production activities credit Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 137 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2
Definition .............................................. . pg 136 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Credit for Federal tax on gasoline and special fuels Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 136 Credit from regulated investment companies Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 137 Credit to 2007 estimated tax (See also Overpayment refunded) Definition .............................................. . pg 137
E
Earned income credit Changes in law ........................................ . pg 12 Definition .............................................. . pg 137 Income items and credits ............................ . 2.5 Refundable portion: Classified by: Age .......................................................... 3.7 Size of adjusted gross income ........ . 2.5, 3.3 Time Series, 2002-2006 .................................. A Total: Reported on: Returns with earned income credit ....... . 2.5 Used to offset income tax before credits: Classified by: Age .......................................................... 3.7 Marital status......................................... . 1.3 Size of adjusted gross income ........ . 2.5, 3.3 Reported on: Returns with itemized deductions Classified by marital status ................ . 2.2 Used to offset other taxes .............. . 2.5, 3.3, 3.7 Education credits Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3
D
Deductible points (See also Interest paid deduction) Reported on: Returns with itemized deductions ............ . 2.1 Classified by Age .................................... 2.6 Deductions for self-employment tax Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 137 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Dependant exemptions (See Exemptions)
Index Definition .............................................. . pg 138 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Education IRA Definition .............................................. . pg 138 Educator expenses Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 139 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Electronically filed returns Time Series, 2002-2006 .................................. A Employee business expenses (See Unreimbursed employee business expenses) Empowerment zone and renewel community employment credit Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 139 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Estate and trust net income or loss Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 139 Reported on: Returns with intemized deductions .......... . 2.1 Classified by marital status ................... . 2.2
265 Estimated tax payments Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 139 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Excess social security taxes withheld Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 139 Time Series, 2002-2006 .................................. A Exemption amount Changes in law ........................................ . pg 12 Classified by: Size of adjusted gross income and marital status .................................. . 1.2 Time Series, 2002-2006 .................................. A Exemptions Classified by: Age ............................................................. 1.5 Marital status............................................ . 2.4 Size of adjusted gross income .................. . 1.4 Type of exemption ................................... . 2.3 Definition .............................................. . pg 140 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Time Series, 2002-2006 .................................. A
F
Farm net income or loss Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 140 Reported on: Returns with itemized deductions ............ . 2.1 Classified by:
266
Individual Returns 2006 Foreign tax credit Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 141 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Forfeited interest penalty Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 150 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Form 1040A returns Description ............................................ . pg 141 Time Series, 2002-2006 .................................. A Form 1040EZ returns Description ............................................ . pg 141 Time Series, 2002-2006 .................................. A Form 1040 returns Description ............................................ . pg 141 Time Series, 2002-2006 .................................. A Forms and instructions Form 1040 ............................................. . pg 164 Schedule A & B.................................. . pg 241 Schedule C ......................................... . pg 242 Schedule C-EZ ................................... . pg 243 Schedule D ......................................... . pg 244 Schedule E ......................................... . pg 245 Schedule EIC ..................................... . pg 246 Schedule F.......................................... . pg 247 Schedule H ......................................... . pg 248 Schedule R ......................................... . pg 249 Schedule SE ....................................... . pg 250 Form 1040A .......................................... . pg 236 Form 1040EZ ........................................ . pg 240 Form 2106 ............................................. . pg 251
Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Farm rental net income or loss Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 140 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Federal telephone excise tax credit Changes in law ........................................ . pg 12 Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 141 Time Series, 2002-2006 .................................. A Filing requirements Description .............................................. . pg 11 For children and other dependents .......... . pg 11 For most people....................................... . pg 11 Filing status (See Marital filing status) Foreign-earned income exclusion Changes in law ........................................ . pg 12 Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 141 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Time Series, 2002-2006 .................................. A Foreign housing deduction Definition .............................................. . pg 141 Time Series, 2002-2006 .................................. A
Index Form 2441 ............................................. . pg 252 Form 3800 ............................................. . pg 253 Form 6251 ............................................. . pg 254 Form 8582 ............................................. . pg 255 Form 8615 ............................................. . pg 257 Form 8801 ............................................. . pg 257 Form 8814 ............................................. . pg 258
267 Health savings account deduction Changes in law ........................................ . pg 13 Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 143 Home mortgage interest deduction (See also Interest paid deduction) Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Household employment tax Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 143
G
Gambling earnings Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 142 Gambling loss deduction Definition .............................................. . pg 142 Returns with itemized deductions ............... . 2.1 Classified by age ........................................ 2.6 General business credit Changes in law .......................................... pg 13 Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 142 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
I
Income subject to tax (See Modified taxable income) Income tax after credits As a percentage of adjusted gross income and modified taxable income ................... . 3.4 Classified by: Accumulated size of AGI ......................... . 1.1 Age ............................................................. 3.7 Marginal tax rate ...................................... . 3.4 Marital status..................................... . 1.2, 1.3 Size of adjusted gross income ........... . 1.2, 3.3 Definition .............................................. . pg 143 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Time Series, 2002-2006 .................................. A Income tax before credits Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 143 Reported on: Returns with itemized deductions ............ . 2.1
H
Heads of household, returns of (See also Marital filing status) Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Type of exemption ................................... . 2.4 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
268
Individual Returns 2006 Interest paid deduction Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 144 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Type of interest paid deduction ................... . 2.1 Interest received (See Taxable interest received) Interest, tax-exempt (See Tax-exempt interest) Investment interest expense deduction (See Interest paid deduction) Itemized deduction limitation Classified by: Marital status............................................ . 2.2 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Itemized deductions (See Total itemized deductions and also specific type) Changes in law ........................................ . pg 13
Classified by age ..................................... 2.6 Returns with modified taxable income . 3.1 Time Series, 2002-2006 .................................. A Income tax less credits Time Series, 2002-2006 .................................. A Income tax withheld Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 143 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 ................................ . A Individual retirement arrangement (IRA) deductible payments, adjustment (See also Primary and secondary IRA payments) Changes in law ........................................ . pg 13 Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 143 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Individual retirement arrangement (IRA) taxable distributions Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 144 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A
J
Joint returns of married persons (See also Marital filing status) Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Type of exemption ................................... . 2.4 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Returns with total income tax ..................... . 3.2
Index Jury duty pay Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 145 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
269 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Definition .............................................. . pg 145 Reported on: Returns with itemized deductions ............ . 2.2 Type of exemption ...................................... . 2.4 Medical and dental expenses deduction Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 146 Limitation.................................................... . 2.1 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Method of estimation Description .............................................. . pg 24 Minimum tax credit Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 146 Reported on: Returns with itemized deductions ............ . 2.2 Time Series, 2002-2006 ................................ . A Miscellaneous deductions other than gambling Definition .............................................. . pg 146 Returns with itemized deductions ............... . 2.1 Classified by age ........................................ 2.6 Miscellaneous itemized deductions Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 146 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2
K
Keogh retirement plan (See Payments to a Keogh plan) Time Series, 2002-2006 .................................. A
L
Long-term capital gain or loss (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Long-term gain or loss from other forms (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Long-term loss carryover (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4
M
Marginal tax rates (See also Tax generated) Definition .............................................. . pg 145 Reported on: Returns with modified Taxable income ................................. . 3.4, 3.6 Marital filing status Classified by: Each rate at which tax was computed ...... . 3.6
270
Individual Returns 2006 Returns with earned income credit .......... . 2.5 Nontaxable returns (See also Taxable returns) Classified by: Size of AGI ......................... . 1.2, 1.4, 2.3, 3.3 Reported on: Returns with itemized deductions ............ . 2.1 Number of exemptions Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Type of exemption and marital status ...... . 2.4 Type of exemption and size of AGI ......... . 2.3 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Time Series, 2002-2006 .................................. A
Miscellaneous medical expenses (See Medical and dental expenses deduction) Modified taxable income Classified by: Marginal tax rate ...................................... . 3.4 Size of adjusted gross income ........... . 3.1, 3.5 Tax generated at each rate ........................ . 3.6 Tax generated at specific rate ................... . 3.5 Definition .............................................. . pg 146 Moving expenses adjustment Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 147 Reported on: Classified by marital status ...................... . 2.2
N
Net capital gain in AGI less loss Definition .............................................. . pg 147 Time Series, 2002-2006 .................................. A Net operating loss Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 147 Time Series, 2002-2006 .................................. A Nonconventional source fuel credit Classified by: Marital status............................................ . 1.3 Size of adjusted gross income ................... .3.3 Definition .............................................. . pg 147 Nondeductible passive losses (See also Rent and royalty net income or loss) Classified by: 1979 income concept ................................. . B Definition .............................................. . pg 147 Nontaxable combat pay amount Definition .............................................. . pg 147 Reported on:
O
Ordinary dividends Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 148 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Other adjustments (See also Statutory adjustments) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Time Series, 2002-2006 .................................. A Other contributions (See Contributions deduction) Other dependents (See Exemptions)
Index Other income or loss Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 148 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Other payments Definition .............................................. . pg 148 Time Series, 2002-2006 .................................. A Other tax credits Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 148 Other tax deduction (See also Taxes paid deduction) Definition .............................................. . pg 148 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Other than cash contributions deduction (See Contributions deduction) Overpayment (See also Credit to 2007 estimated tax) Credited to 2007 estimated tax: Classified by: Age .......................................................... 3.7 Size of adjusted gross income ............... . 3.3 Definition .............................................. . pg 148 Refunded: Classified by: Age .......................................................... 3.7 Marital status......................................... . 1.3 Size of adjusted gross income ............... . 3.3 Reported on: Returns with itemized deductions Classified by marital status ................ . 2.2
271 Time Series, 2002-2006 .................................. A Total...................................................... 3.3, 3.7
P
Parent exemptions (See Exemptions) Parents’ election to report child’s interest and dividends Changes in law ........................................ . pg 13 Classified by: Marital status..................................... . 3.4, 3.6 Size of adjusted gross income .................. . 3.5 Definition .............................................. . pg 148 Reported on: Returns with modified Taxable income ....................... . 3.4, 3.5, 3.6 Partnership and S corporation net income or loss Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 149 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Passive activity losses Definition .............................................. . pg 149 Payments to a Keogh plan Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 149 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
272
Individual Returns 2006 Definition .............................................. . pg 150 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Population and sample Reported on: Forms 1040, 1040A, and 1040EZ .............. . C Predetermined estimated tax penalty Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 150 Time Series 2002-2006 ................................... A Prescription medicine and drug expenses (See Medical and dental expenses deduction) Primary IRA payments (See also Individual retirement arrangement deductible payments, adjustment) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
Payment with request for extension of filing time Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 149 Time Series, 2002-2006 ................................ . A Penalty on early withdrawal of savings Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 150 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Penalty tax on qualified retirement plans Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 150 Time Series, 2002-2006 .................................. A Pensions and annuities Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 150 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Personal exemption (See Exemptions) Personal interest deductions (See Interest paid deduction) Personal interest paid (See Interest paid deduction) Personal property taxes deduction (See also Taxes paid deduction)
Q
Qualified dividends Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 150 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A
Index
273
R
Real estate taxes (See also Taxes paid deduction) Definition .............................................. . pg 151 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Recapture taxes Time Series, 2002-2006 .................................. A Refund (See also Overpayment refunded) Definition .............................................. . pg 151 Refund credited to next year (See also Credit to 2007 estimated tax) Time Series, 2002-2006 ................................ . A Regular tax computation Classified by: Size of adjusted gross income .................. . 3.1 Definition .............................................. . pg 151 Rent and royalty net income or loss Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 151 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Rent net income or loss Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 151 Requirements for filing Description .............................................. . pg 11 Residential energy credit Changes in law ........................................ . pg 14 Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3
Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 151 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Retirement savings contribution credit Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 152 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Retrospective income concept Classified by: Size of AGI and 1979 income concept .B Description .............................................. . pg 14 Roth IRA Description ............................................ . pg 152 Royalty net income or loss Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 152
S
S corporation (See partnership and S Corporation net income or loss) Salaries and wages Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 152 Reported on: Returns with itemized deductions ............ . 2.1 Classified by:
274
Individual Returns 2006 Secondary IRA payments (See also Individual retirement arrangement deductible payments, adjustment) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Reported on: Returns with itemized deduction Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Self-employed health insurance deduction Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 154 Time Series, 2002-2006 .................................. A Self-employment tax (See also Deduction of self-employment tax) Changes in law ........................................ . pg 14 Classified by: Age ............................................................. 3.7 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 154 Time Series, 2002-2006 .................................. A Seperate returns of married persons (See also Marital filing status) Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Type of exemption ................................... . 2.4 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Short-term capital gain or loss (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 154
Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Sales of capital assets, net gain or loss Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 153 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Sales of capital assets reported on Schedule D Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Sales of property other than capital assets, net gain or loss Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 154 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 ................................ . A Sales tax deduction Definition .............................................. . pg 154 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Schedule D gain subject to 28% tax rate Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4
Index Short-term gain or loss from other forms (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Short-term loss carryover (See also Sales of capital assets, net gain or loss) Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 154 Single persons, returns of (See also Marital filing status) Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Type of exemption ................................... . 2.4 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Size of adjusted gross income Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.2 Selected income and tax items ................. . 1.1 Size of adjusted gross income .................. . 3.3 Sources of income .................................... . 1.4 Type of tax computation .......................... . 3.1 Definition .............................................. . pg 154 Reported on: Returns with earned income credit .......... . 2.5 Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 Returns with modified Taxable income .............................. . 3.1, 3.6 Returns with total income tax .................. . 3.2 Type of exemption ................................... . 2.3 Social security and Medicare tax on tip income Classified by: Age ............................................................. 3.7
275 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 155 Time Series, 2002-2006 ................................ . A Social security benefits Benefits in adjusted gross income: Classified by: Age .......................................................... 1.5 Marital status......................................... . 1.3 Size of adjusted gross income ............... . 1.4 Definition ........................................... . pg 155 Reported on: Returns with itemized deductions ......... . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Sources of data (See description of sample) Sources of income (See also specific type) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Spouse IRA Times Series, 2002-2006................................. A Standard deduction (See also Basic and additional standard deductions) Changes in law ........................................ . pg 14 Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.2 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 155 Time Series, 2002-2006 .................................. A
276
Individual Returns 2006 Surviving spouses, returns of (See also Marital filing status) Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Size of adjusted gross income .................. . 1.2 Sources of income .................................... . 1.3 Type of exemption ................................... . 2.4 Reported on: Returns with itemized deductions Classified by marital status ..................... 2.2
State and local income taxes Definition .............................................. . pg 156 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6 State income tax refunds (See Taxes paid deduction) Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 156 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Statutory adjustments (See also specific type) Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 156 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Type of adjustment ............................... . 1.4, 1.5 Student loan interest deduction Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 156 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Type of adjustment ............................... . 1.4, 1.5
T
Tax-exempt interest Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 158 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Taxable income Classified by: 1979 income concept ................................. . B Accumulated size of AGI ......................... . 1.1 Age ............................................................. 1.5 Marital status..................................... . 1.2, 1.3 Size of AGI ......................... . 1.1, 1.2, 1.4, 3.5 Tax generated at specific rate ................... . 3.5 Definition .............................................. . pg 158 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Taxable interest Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status............................................ . 1.3
Index Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 158 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Taxable pensions and annuities Time Series, 2002-2006 .................................. A Taxable returns (See also Nontaxable returns) Classified by: Accumulated size of AGI ......................... . 1.1 Size of AGI .................. . 1.1, 1.2, 1.4, 2.3, 3.3 Reported on: Returns with itemized deductions ............ . 2.1 Taxable social security Time Series, 2002-2006 .................................. A Tax credits (See also specific type) Classified by: 1979 income concept ................................. . B Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Time Series, 2002-2006 .................................. A Type of credit ....................................... . 3.3, 3.7 Tax due at time of filing Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 156 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
277 Taxes paid deduction Classified by: Marital status............................................ . 1.3 Definition .............................................. . pg 159 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Type of taxes paid deduction ...................... . 2.1 Tax generated Classified by: Each rate at which tax was computed ...... . 3.6 Marginal tax rate ...................................... . 3.4 Marital status............................................ . 3.4 Size of adjusted gross income .................. . 3.5 Tax generated at specified rate ................. . 3.5 Definition .............................................. . pg 157 Reported on: Returns with modified taxable income . 3.1 Tax items (See also specific type) Classified by: 1979 income concept ................................. . B Accumulated size of AGI ......................... . 1.1 Age ...................................................... 1.5, 3.7 Marital status............................................ . 1.3 Size of AGI ................................ . 1.2, 1.4, 3.3 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Time Series, 2002-2006 .................................. A Tax liability Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A
Tax payments (See also specific type) Classified by: Age ............................................................. 3.7 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 3.3 Definition .............................................. . pg 157 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Tax penalty (See also Predetermined estimated tax penalty) Definition .............................................. . pg 158 Time Series, 2002-2006 .................................. A Tax preperation fee (See also Miscellaneous itemized deductions) Definition .............................................. . pg 158 Tax Rates (See Income tax withheld) Tax withheld (See Income tax withheld) Total credits (See also Tax credits and total tax credits) Time Series, 2002-2006 .................................. A Total income Definition .............................................. . pg 159 Total income, net gain less loss Time Series, 2002-2006 .................................. A Total income tax As percentage of AGI.................................. . 3.2 Type of tax computation .......................... . 3.1 As percentage of taxable income ................ . 1.1 Average ....................................................... . 1.1 Type of tax computation .......................... . 3.1 Classified by: 1979 income concept ................................. . B Accumulated size of AGI ......................... . 1.1 Age ...................................................... 2.6, 3.7 Each rate at which tax was computed ...... . 3.6
Marital status..................................... . 1.2, 1.3 Number of exemptions............................. . 2.4 Size of AGI .................. . 1.1, 1.2, 2.1, 3.2, 3.3 Type of exemption ................................... . 2.3 Definition .............................................. . pg 159 Reported on: Returns with earned income credit .......... . 2.5 Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Returns with modified taxable income . 3.1 Total itemized deductions Classified by: 1979 income concept ................................. . B Age ............................................................. 1.5 Marital status................................... . . 1.2, 1.3 Size of adjusted gross income ........... . 1.2, 1.4 Definition .............................................. . pg 159 Limitation reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Type of deduction ................................ . 2.1, 2.6 Total miscellaneous deductions (See miscellaneous deductions) Total payments Times Series, 2002-2006................................. A Total rent and royalty income or loss Classified by: Age ............................................................. 1.5 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 160 Total standard deduction (See Standard deduction) Time Series, 2002-2006 .................................. A
Index Total statutory adjustments (See Statutory adjustments) Time Series, 2002-2006 ................................ . A Total tax credits (See Tax credits) Definition .............................................. . pg 160 Total tax liability (See Tax liability) Definition .............................................. . pg 160 Tuition and fees deduction Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 161 Reported on: Returns with itemized deductions Classified by marital status ................... . 2.2 Time Series, 2002-2006 .................................. A Type of tax computation Classified by: Size of adjusted gross income .................. . 3.1 Definition .............................................. . pg 161
279
U
Unemployment compensation Classified by: Age ............................................................. 1.5 Marital status............................................ . 1.3 Size of adjusted gross income .................. . 1.4 Definition .............................................. . pg 161 Reported on: Returns with itemized deductions ............ . 2.1 Classified by: Age ....................................................... 2.6 Marital status...................................... . 2.2 Time Series, 2002-2006 .................................. A Unreimbursed employee business expense (See also Miscellaneous itemized deductions and employee business expense) Definition .............................................. . pg 161 Reported on: Returns with itemized deductions ............ . 2.1 Classified by age ..................................... 2.6
279
280
Individual Returns 2006