Individual Income Tax Returns 1997[510]

Table 2.--1997, Individual Income Tax, All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income [All figures are estimates based on samples--money amounts are in thousands of dollars] Taxable income Size of adjusted gross income Number of returns Income tax before credits Total Tax credits Number of returns (2) 99,314,519 -3,940,722 6,582,933 9,356,530 10,426,797 9,620,695 7,969,307 12,885,008 9,752,878 15,156,885 6,443,777 5,372,879 1,400,366 261,499 144,242 93,442,061 5,872,458 Amount (3) 3,429,109,165 -2,772,398 14,136,948 42,998,977 76,955,681 111,836,099 128,101,288 279,356,776 288,610,900 646,563,388 404,479,370 548,325,305 345,717,075 157,795,604 381,459,356 3,409,491,958 19,617,207 Number of returns (4) 99,225,503 612 3,851,069 6,576,945 9,361,216 10,427,881 9,619,748 7,970,070 12,885,016 9,752,885 15,156,884 6,444,130 5,372,889 1,400,406 261,500 144,252 93,456,850 5,768,653 Amount (5) 739,482,029 67 458,672 2,150,484 6,457,043 11,518,168 16,721,628 19,165,447 43,470,524 47,172,159 111,099,552 80,541,463 126,712,802 99,147,456 51,690,425 123,176,140 736,521,074 2,960,955 Number of returns (6) 16,194,821 76 118,513 1,150,088 1,527,117 3,090,492 2,645,322 1,169,765 951,350 1,004,319 1,917,915 955,777 1,056,279 417,340 112,911 77,556 10,426,168 5,768,653 (1) All returns............................................................................. 122,421,991 No adjusted gross income............................................................................. 18,707 9 $1 under $5,000............................................................................. 13,935,880 $5,000 under $10,000............................................................................. 13,414,246 $10,000 under $15,000............................................................................. 13,174,125 $15,000 under $20,000............................................................................. 11,393,805 $20,000 under $25,000............................................................................. 9,944,745 $25,000 under $30,000............................................................................. 8,064,922 $30,000 under $40,000............................................................................. 12,966,743 $40,000 under $50,000............................................................................. 9,787,857 $50,000 under $75,000............................................................................. 15,180,241 $75,000 under $100,000............................................................................. 6,454,920 $100,000 under $200,000............................................................................. 5,377,899 $200,000 under $500,000............................................................................. 1,401,734 $500,000 under $1,000,000............................................................................. 261,708 $1,000,000 or more............................................................................. 144,459 Taxable returns............................................................................. 93,471,200 Nontaxable returns............................................................................. 28,950,791 Tax credits--continued Credit for the elderly or disabled Size of adjusted gross income Number of returns (10) All returns…………………............................................................................. 190,343 No adjusted gross income………………………………….............................................................................. -$1 under $5,000…………………………………………………............................................................................. *4,360 $5,000 under $10,000…………………………………………..…............................................................................... 58,962 $10,000 under $15,000……………………………………………............................................................................... 82,520 $15,000 under $20,000……………………………………………….............................................................................. 39,093 $20,000 under $25,000…………………………………………............................................................................. *5,407 $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…………………………………………………………............................................................................. -Taxable returns............................................................................. Nontaxable returns............................................................................. Footnotes at end of table. Adoption credit Earned income credit used to offset income tax before credits Amount (11) 41,281 -*792 7,104 24,583 8,035 *766 ---------24,138 17,144 Number of returns (12) 30,721 ---*3,161 *3,103 *3,161 --*5,373 *14,463 *508 *951 ---19,033 *11,688 Amount (13) 58,522 ---*9 *9 *948 --*17,050 *40,019 *375 *112 ---25,820 *32,703 Number of returns (14) 8,399,556 -*3,161 1,021,942 1,277,978 2,837,679 2,450,456 808,339 --------3,054,596 5,344,959 101,314 89,029 Table 2.--1997, Individual Income Tax, All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of A --Continued [All figures are estimates based on samples--money amounts are in thousands of dollars] Tax credits Total Number of returns (8) 5,795,530 --*3,710 160,436 486,088 475,569 395,382 783,837 781,285 1,525,805 629,383 462,835 78,709 9,459 3,034 4,972,613 822,918 9 2,739 91,325 381,970 1,819,527 1,749,199 480,403 396,515 470,750 903,337 587,352 1,097,812 1,169,996 853,495 2,174,427 9,217,903 2,960,955 Child care credit Size of adjusted gross income Amount (9) 2,464,005 --*234 43,454 204,713 212,574 162,371 320,137 331,553 646,120 280,916 216,620 37,815 5,624 1,874 2,103,503 360,501 All returns............................................................................. Number of returns (18) 2,334,015 No adjusted gross income............................................................................. *11 $1 under $5,000............................................................................. 109,792 $5,000 under $10,000............................................................................. 64,312 $10,000 under $15,000............................................................................. 58,893 $15,000 under $20,000............................................................................. 59,219 $20,000 under $25,000............................................................................. 79,966 $25,000 under $30,000............................................................................. 61,006 $30,000 under $40,000............................................................................. 133,127 $40,000 under $50,000............................................................................. 179,638 $50,000 under $75,000............................................................................. 323,566 $75,000 under $100,000.............................................................................275,551 $100,000 under $200,000............................................................................. 530,304 $200,000 under $500,000............................................................................. 300,313 $500,000 under $1,000,000............................................................................. 91,551 $1,000,000 or more............................................................................. 66,764 Taxable returns............................................................................. Nontaxable returns............................................................................. 2,303,303 30,712 Foreign tax credit General business credit Number of returns (20) 306,254 *6 *1,199 *3,957 *1,833 *13,353 *2,605 *7,833 15,977 18,427 43,397 51,314 82,712 39,020 14,055 10,566 278,192 28,062 Tax credits--continued Amount (7) 12,178,858 Amount (19) 4,073,461 *2 1,667 3,621 5,732 8,369 23,487 7,079 28,064 70,134 101,392 159,985 639,085 852,969 597,718 1,574,156 3,995,293 78,168 Tax credits--continued Minimum tax credit Size of adjusted Number of returns (16) 118,571 52 --*432 *432 *359 *1,008 4,020 1,767 16,228 12,961 28,586 34,344 10,918 7,464 116,424 2,147 gross income Amount (17) 681,282 6 --*255 [1] *251 *333 2,536 1,246 14,434 20,071 45,882 140,316 141,305 314,647 665,846 15,436 All returns............................................................................. Number of returns (26) 38,040 No adjusted gross income............................................................................. -$1 under $5,000............................................................................. -$5,000 under $10,000............................................................................. -$10,000 under $15,000............................................................................. *4,360 $15,000 under $20,000............................................................................. *1,242 $20,000 under $25,000............................................................................. -$25,000 under $30,000............................................................................. -$30,000 under $40,000............................................................................. *1,153 $40,000 under $50,000............................................................................. *7,100 $50,000 under $75,000............................................................................. *5,420 $75,000 under $100,000............................................................................. *1,506 $100,000 under $200,000............................................................................. 8,528 $200,000 under $500,000............................................................................. 5,234 $500,000 under $1,000,000............................................................................. 1,771 $1,000,000 or more............................................................................. 1,726 Taxable returns............................................................................. Nontaxable returns............................................................................. Footnotes at end of table. ed income credit used to offset Other tax credits Income tax after credits income tax before credits Amount (15) 3,767,990 -*174 79,599 306,742 1,587,085 1,502,547 291,842 --------1,363,874 2,404,115 Amount (27) 84,668 ---*922 *533 --*238 *1,533 *2,100 *6,305 6,367 11,142 9,642 45,888 83,667 *1,001 Number of returns (28) 93,449,611 536 3,846,709 6,146,381 7,962,689 7,758,271 8,478,549 7,875,594 12,881,026 9,739,002 15,144,700 6,441,428 5,370,546 1,398,793 261,215 144,171 93,449,611 -- 36,711 *1,329 , and Tax Payments, by Size of Adjusted Gross Income Table 2.--1997, Individual Income Tax, All Returns: Tax Liability, Tax Credits --Continued [All figures are estimates based on samples--money amounts are in thousands of dollars] Tax credits--continued General business credit Empowerment zone employment credit Number of Amount returns (22) 826,320 *1 *106 *126 *273 *10,116 *299 *8,567 17,767 29,381 68,884 99,491 187,064 115,605 85,514 203,126 796,202 30,119 686 -----------*178 *160 *140 208 686 -Alternative minimum tax (23) 19,091 -----------*625 *813 *9,566 8,087 19,091 -Nonconventional source fuel credit Number of Amount returns (24) 19,866 *6 -*1,256 --*1,268 -*736 *2,221 *1,120 *3,473 3,888 2,751 1,551 1,597 18,737 *1,129 Total income tax (25) 56,068 *1 -*134 --*61 -*298 *874 *5,669 *5,573 1,347 11,335 4,127 26,649 50,334 *5,734 All returns............................................................................. Total Size of adjusted gross income Number of returns (34) 17,173,341 No adjusted gross income............................................................................. 151,370 $1 under $5,000............................................................................. 972,554 $5,000 under $10,000............................................................................. 1,679,372 $10,000 under $15,000............................................................................. 1,534,871 $15,000 under $20,000............................................................................. 1,278,810 $20,000 under $25,000............................................................................. 1,095,025 $25,000 under $30,000............................................................................. 987,480 $30,000 under $40,000............................................................................. 1,773,609 $40,000 under $50,000............................................................................. 1,533,894 $50,000 under $75,000............................................................................. 2,641,772 $75,000 under $100,000............................................................................. 1,326,983 $100,000 under $200,000............................................................................. 1,470,018 $200,000 under $500,000............................................................................. 549,514 $500,000 under $1,000,000............................................................................. 108,649 $1,000,000 or more............................................................................. 69,422 Taxable returns............................................................................. 13,057,990 Amount (21) Nontaxable returns............................................................................. 4,115,351 All other taxes--continued Household employment tax Size of adjusted ncome tax after credits Amount (29) 727,303,171 58 455,933 2,059,159 6,075,072 9,698,640 14,972,429 18,685,044 43,074,008 46,701,409 110,196,215 79,954,110 125,614,990 97,977,461 50,836,930 121,001,713 727,303,171 -- Number of returns (30) 618,072 5,949 7,409 7,258 5,024 *513 1,717 1,425 4,643 8,832 39,995 86,641 196,043 200,635 34,107 17,882 618,072 -- Amount (31) 4,005,101 111,300 3,806 5,710 4,383 *808 1,140 3,528 4,967 11,035 81,204 212,517 652,446 1,533,144 453,955 925,157 4,005,101 -- Number of returns (32) 93,471,200 6,478 3,847,065 6,146,444 7,962,908 7,758,666 8,479,844 7,876,771 12,881,191 9,739,055 15,146,748 6,445,155 5,374,164 1,400,848 261,529 144,335 93,471,200 -- gross income Amount (33) 731,321,399 111,358 459,739 2,064,868 6,079,455 9,699,447 14,973,568 18,688,572 43,078,975 46,713,703 110,278,865 80,166,627 126,267,568 99,511,646 51,290,896 121,936,110 731,321,399 -All returns............................................................................. Number of returns (42) 310,367 No adjusted gross income............................................................................. 4,081 $1 under $5,000............................................................................. *1,199 $5,000 under $10,000............................................................................. *5,793 $10,000 under $15,000............................................................................. 8,739 $15,000 under $20,000............................................................................. 4,806 $20,000 under $25,000............................................................................. 3,242 $25,000 under $30,000............................................................................. 2,239 $30,000 under $40,000............................................................................. 11,170 $40,000 under $50,000............................................................................. 5,740 $50,000 under $75,000............................................................................. 35,574 $75,000 under $100,000............................................................................. 44,765 $100,000 under $200,000.............................................................................75,591 $200,000 under $500,000.............................................................................65,021 $500,000 under $1,000,000............................................................................. 22,265 $1,000,000 or more............................................................................. 20,142 Taxable returns............................................................................. Nontaxable returns............................................................................. Footnotes at end of table. 287,903 22,464 2,909,053 Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income All other taxes Total Penalty tax on qualified retirement plans Number of Amount returns (36) 3,415,245 20,542 47,892 133,310 168,430 208,227 251,073 232,635 449,819 450,444 736,951 383,590 290,063 36,513 3,941 1,816 3,023,453 391,792 Earned income credit used to offset all other taxes (37) 2,335,845 17,529 9,785 30,615 60,868 59,144 87,943 91,456 192,087 208,643 506,161 396,150 539,655 115,759 14,579 5,472 2,220,370 115,475 Self-employment tax Number of returns (38) 13,515,150 129,021 907,604 1,446,279 1,298,744 1,051,773 815,520 762,867 1,349,557 1,104,457 1,945,818 936,807 1,134,274 481,894 93,281 57,255 9,885,562 3,629,589 Total tax liability Social Security taxes on tip income Number of Amount returns (40) 267,055 *6 *19,451 79,751 49,356 24,112 36,277 *5,520 *8,903 *17,063 24,253 *1,120 *1,235 --*9 157,303 109,752 Tax payments Total (41) 27,826 [1] *840 11,479 3,791 4,406 3,672 *467 *900 *680 1,488 *60 *42 --*1 18,608 9,218 Amount (35) 33,079,134 241,365 415,920 1,315,629 1,647,887 1,645,419 1,499,432 1,418,655 2,701,697 2,684,424 5,500,677 3,510,238 5,654,428 3,071,643 823,100 948,620 28,918,385 4,160,748 All other taxes--continued Amount (39) 29,738,153 207,294 405,078 1,255,975 1,574,261 1,578,374 1,406,657 1,322,996 2,485,505 2,465,849 4,906,537 2,994,635 4,928,378 2,808,368 743,082 655,164 25,834,707 3,903,446 ousehold employment tax Amount (43) 763,897 14,939 *211 *16,891 7,672 1,005 1,099 2,196 21,330 8,744 80,629 116,052 181,042 143,219 59,339 109,528 634,936 128,961 1,980,998 Number of returns (44) 3,040,945 44,047 541,856 988,657 676,019 526,528 232,728 31,109 --------*8 3,040,937 22,659,960 Amount (45) 2,224,931 20,084 158,920 657,316 759,763 462,959 157,666 8,222 --------*1 2,224,929 14,156,607 Number of returns (46) 95,665,608 134,790 4,533,361 6,711,620 8,265,174 8,014,025 8,644,150 7,923,738 12,902,897 9,748,500 15,154,781 6,449,716 5,375,718 1,401,166 261,591 144,382 93,471,200 2,194,408 21,726,059 Amount (47) 762,257,568 332,639 719,864 2,734,353 7,005,668 10,901,773 16,325,049 20,099,005 45,780,672 49,398,127 115,779,542 83,676,865 131,921,997 102,583,289 52,113,996 122,884,729 760,239,784 2,017,784 11,979,886 Number of returns (48) 112,455,465 361,130 10,280,996 11,032,003 11,507,168 10,674,031 9,626,548 7,915,189 12,793,317 9,665,090 15,055,407 6,412,556 5,334,823 1,393,087 260,241 143,880 89,390,544 23,064,922 Amount (49) 785,183,138 1,334,980 2,118,372 6,423,081 11,873,265 16,874,786 21,729,741 23,804,209 53,308,175 54,864,445 124,477,849 85,407,363 127,851,968 94,869,506 47,441,555 112,803,843 768,967,649 16,215,489 Table 2.--1997, Individual Income Tax, All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Income --Continued [All figures are estimates based on samples--money amounts are in thousands of dollars] Tax payments--continued Income tax withheld Size of adjusted gross income Number of returns (50) All returns............................................................................. 106,483,908 No adjusted gross income............................................................................. 258,582 $1 under $5,000............................................................................. 10,032,169 $5,000 under $10,000............................................................................. 10,587,328 $10,000 under $15,000............................................................................. 10,771,116 $15,000 under $20,000............................................................................. 9,934,414 $20,000 under $25,000............................................................................. 9,127,971 $25,000 under $30,000............................................................................. 7,538,271 $30,000 under $40,000............................................................................. 12,187,196 $40,000 under $50,000............................................................................. 9,197,705 $50,000 under $75,000............................................................................. 14,364,885 $75,000 under $100,000............................................................................. 6,051,211 $100,000 under $200,000............................................................................. 4,898,182 $200,000 under $500,000............................................................................. 1,193,565 $500,000 under $1,000,000............................................................................. 220,737 $1,000,000 or more............................................................................. 120,575 Taxable returns............................................................................. 84,219,249 Estimated tax payments Number of returns (52) 12,766,410 92,658 224,343 500,567 865,935 996,068 860,929 763,806 1,348,246 1,157,919 2,162,555 1,204,492 1,650,710 680,993 154,288 102,901 11,901,494 864,917 Tax payments--continued Credit for Federal tax on gasoline and special fuels Number of returns (58) All returns............................................................................. 445,633 No adjusted gross income............................................................................. 7,183 2 $1 under $5,000............................................................................. 24,726 $5,000 under $10,000............................................................................. 41,265 $10,000 under $15,000............................................................................. 47,668 $15,000 under $20,000............................................................................. 30,056 $20,000 under $25,000............................................................................. 29,959 $25,000 under $30,000............................................................................. 32,403 $30,000 under $40,000............................................................................. 56,021 $40,000 under $50,000............................................................................. 32,694 $50,000 under $75,000............................................................................. 82,928 $75,000 under $100,000............................................................................. 19,894 $100,000 under $200,000.............................................................................14,462 $200,000 under $500,000............................................................................. 4,294 $500,000 under $1,000,000............................................................................. 1,286 $1,000,000 or more............................................................................. 796 Taxable returns............................................................................. Nontaxable returns............................................................................. Footnotes at end of table. Amount (51) 582,124,212 639,540 1,881,343 5,684,684 10,708,452 15,228,373 19,948,509 21,858,361 48,679,901 49,922,139 110,696,784 73,086,071 97,514,484 59,129,792 26,188,749 40,957,031 568,333,549 13,790,662 Amount (53) 162,584,233 552,262 203,857 629,078 1,086,332 1,547,670 1,688,802 1,850,468 4,308,812 4,573,953 12,606,596 11,320,637 26,753,043 30,661,057 17,262,486 47,539,180 160,417,922 2,166,311 Payments with request for extension of filing time Number of Amount returns (54) 1,597,435 19,374 72,453 76,521 55,541 63,265 57,362 50,108 108,551 106,746 249,205 154,375 298,957 181,130 54,123 49,724 1,472,082 125,354 (55) 38,918,434 130,801 29,188 100,455 68,128 90,977 84,021 87,285 306,390 362,014 1,088,915 790,203 2,910,885 4,737,137 3,903,624 24,228,412 38,695,410 223,024 Excess Social Security taxes withheld Nontaxable returns............................................................................. 22,264,659 Overpayment Earned income credit, refundable portion Number of returns (62) 55,227 1,318 *589 *568 *186 *1,517 *2,224 *1,765 *3 *749 11,938 *5,051 3,576 12,481 958 12,305 53,680 1,547 15,367,868 54,287 2,966,715 4,264,714 3,746,697 3,089,061 1,150,292 96,102 ---------15,367,868 Total Size of adjusted gross income Credit from regulated investment companies Number of returns (60) 101,328 8,340 3,395 6,290 10,108 6,082 6,150 6,312 11,594 5,292 18,470 7,327 8,172 2,070 705 1,020 72,590 28,737 68,097 581 *3,598 *1,199 *1,199 *2,399 *2,318 *4,538 *47 *3,306 19,691 *14,694 7,329 5,689 712 797 66,307 1,790 Amount (59) Amount (61) Amount (63) 24,395,661 64,083 2,062,624 7,715,402 9,130,321 4,501,267 896,043 25,921 ---------24,395,661 309,128 136,505 Table 2.--1997, Individual Income Tax, All Returns: Tax Liability, Tax Credits, and Tax Payments, by Size of Adjusted Gross Inc --Continued [All figures are estimates based on samples--money amounts are in thousands of dollars] Excess Social Security taxes withheld Number of Amount returns (56) 1,267,562 2,042 -*4,791 *1,141 *41 *1,110 *4 *3,593 *3,180 170,725 320,743 557,201 151,377 31,916 19,697 1,260,278 7,284 Overpayment Total (57) 1,399,705 2,719 -*2,005 *60 *168 *36 *17 *1,475 *298 55,146 198,075 661,808 326,970 85,033 65,895 1,394,497 5,208 Refunded Size of adjusted gross income Number of returns (66) All returns............................................................................. 85,381,040 No adjusted gross income............................................................................. 315,272 $1 under $5,000............................................................................. 10,369,835 $5,000 under $10,000............................................................................. 10,777,166 $10,000 under $15,000............................................................................. 10,239,520 $15,000 under $20,000............................................................................. 8,815,244 $20,000 under $25,000............................................................................. 7,532,160 $25,000 under $30,000............................................................................. 5,755,619 $30,000 under $40,000............................................................................. 9,043,456 $40,000 under $50,000............................................................................. 6,502,311 $50,000 under $75,000............................................................................. 9,723,328 $75,000 under $100,000............................................................................. 3,489,097 $100,000 under $200,000............................................................................. 2,358,135 $200,000 under $500,000............................................................................. 384,033 $500,000 under $1,000,000............................................................................. 52,660 $1,000,000 or more............................................................................. 23,204 Taxable returns............................................................................. 60,898,217 Overpayment--continued Credit to 1998 estimated tax Number of returns (68) 4,109,601 51,809 102,693 179,564 306,324 348,785 266,446 216,356 399,989 298,375 631,268 375,071 546,024 267,963 65,921 53,013 3,757,399 352,202 Tax due at time of filing Amount (67) 119,706,937 998,737 3,906,592 12,098,262 15,183,970 11,855,759 7,999,194 5,455,193 11,217,936 9,769,021 17,567,268 8,249,472 9,023,375 3,359,737 1,144,376 1,878,044 80,575,776 39,131,161 Amount (69) 20,403,441 218,255 48,159 132,114 181,318 233,988 204,992 205,223 486,140 404,843 1,266,287 1,152,816 2,808,992 3,347,261 1,989,485 7,723,567 19,850,587 552,854 Nontaxable returns............................................................................. 24,482,823 [1] Less than $500. * Estimate should be used with caution because of the small number of sample returns on which it is based. NOTE: Detail may not add to totals because of rounding. Number of returns (64) 88,311,237 350,772 10,454,610 10,909,696 10,446,810 9,045,736 7,710,142 5,911,532 9,305,600 6,715,521 10,185,357 3,748,847 2,755,422 595,811 106,760 68,620 63,615,996 24,695,241 SOURCE: IRS, Statistics of Income Bulletin, Fall 1999, Publication 1136 (Rev. 12-99). Amount (65) 140,110,378 1,216,992 3,954,752 12,230,377 15,365,288 12,089,746 8,204,186 5,660,416 11,704,076 10,173,864 18,833,555 9,402,288 11,832,367 6,706,998 3,133,861 9,601,610 100,426,364 39,684,014 nts, by Size of Adjusted Gross Income Tax due at time of filing Predetermined estimated tax penalty Number of returns (70) 31,198,382 83,497 2,399,703 1,844,096 2,360,572 2,246,170 2,174,445 2,123,954 3,639,837 3,044,244 4,959,875 2,689,019 2,607,186 797,604 153,223 74,958 29,701,779 1,496,603 Amount (71) 93,909,641 153,733 498,088 840,504 1,388,029 1,647,476 1,939,837 1,958,502 4,244,080 4,771,675 10,290,481 7,753,852 16,112,931 14,617,307 7,889,733 19,803,413 92,789,691 1,119,950 Number of returns (72) 5,920,839 22,868 116,286 286,254 362,980 389,971 375,168 373,892 729,342 614,263 1,073,114 509,109 681,688 294,809 59,406 31,690 5,582,427 338,412 Amount (73) 1,080,062 3,165 3,380 11,936 20,642 23,794 28,579 28,492 66,438 63,649 136,517 82,061 210,535 196,527 83,431 120,916 1,058,231 21,831