Tax Year 1997, United States Selected Income and Tax Items for Individual Income Tax Returns: Forms 1040, 1040A & 1040EZ
Filing/Processing Period: January 1, 1998 to December 31, 1998
(Amounts are in thousands of dollars)
Size of Adjusted Gr
Missouri Breakeven $0.01 $10,000 $20,000 $30,000
Total and Under Under Under Under
Returns Loss $10,000 $20,000 $30,000 $50,000
Returns Count 2,451,886 18,871 570,209 514,755 365,430 453,814
Dependent Exemptions Count 1,577,206 6,637 168,478 270,942 224,278 362,684
Joint Returns Count 1,053,000 8,844 50,528 128,786 137,804 273,919
Single Returns Count 1,059,542 8,661 436,721 266,550 159,174 130,243
Head of Household Count 299,358 758 74,590 107,325 59,198 42,968
Number of Farm Returns 110,238 5,952 14,402 19,536 17,092 26,013
Paid Preparer Returns Count 1,405,081 15,453 260,537 295,580 210,929 282,417
Salaries and Wages:
Number of Returns 2,091,053 5,585 466,659 416,474 317,007 407,994
Amount 65,846,172 86,488 2,207,477 5,723,083 7,192,308 14,477,776
Taxable Interest Income:
Number of Returns 1,320,665 11,100 183,937 205,353 177,816 289,190
Amount 3,475,384 51,593 168,586 448,531 359,448 554,953
Tax-exempt Interest:
Number of Returns 91,652 549 4,419 7,374 7,543 15,606
Amount 860,636 5,886 11,450 21,873 30,213 82,523
Dividends Received:
Number of Returns 588,506 4,327 67,760 71,351 64,041 117,028
Amount 2,218,811 11,527 59,272 121,959 116,796 233,463
State and Local Refunds:
Number of Returns 411,836 997 4,224 14,149 29,923 99,944
Amount 234,772 1,629 1,548 4,467 9,427 36,901
Business or Profession Net Income (less loss):
Number of Returns 342,811 8,768 53,052 55,743 48,067 74,362
Amount 2,962,586 -257,418 157,262 297,960 273,563 500,652
Net Capital Gain (less loss):
Number of Returns 501,020 6,302 58,204 59,006 54,615 98,010
Amount 4,831,993 43,414 68,880 116,090 129,823 293,445
Taxable IRA Distributions:
Number of Returns 128,043 672 9,618 28,020 21,527 27,594
Amount 1,005,249 6,914 26,269 106,008 106,263 177,050
Taxable Pensions / Annuities:
Number of Returns 420,842 2,439 42,465 100,180 70,396 89,392
Amount 4,784,006 15,000 175,938 772,132 746,849 1,107,504
Farm Net Income / Loss:
Number of Returns 109,587 5,916 14,307 19,417 17,020 25,908
Amount -303,432 -112,088 -35,356 -52,244 -44,924 -59,968
Unemployment Compensation:
Number of Returns 140,173 349 21,530 40,434 23,561 31,546
Amount 241,158 763 38,952 74,807 41,230 50,560
Taxable Social Security Income:
Number of Returns 166,486 85 783 2,953 31,450 60,337
Amount 1,231,423 606 3,171 7,253 52,148 302,374
IRA Payments:
Number of Returns 78,718 267 4,726 11,625 16,530 25,123
Amount 173,215 557 7,531 21,950 32,355 49,609
S.E. Health Insurance Deduction:
Number of Returns 75,115 1,000 6,730 12,083 10,973 15,357
Amount 82,738 1,017 5,327 10,826 10,591 15,723
Self-Employed Retirement Plan Payments:
Number of Returns 18,663 29 165 515 793 2,213
Amount 145,659 223 252 963 1,905 7,160
Total Adjustments:
Number of Returns 376,178 3,916 53,829 61,729 55,984 84,172
Amount 795,639 7,306 31,406 69,253 81,066 142,934
AGI Amount 89,449,814 -859,729 2,844,368 7,641,786 9,005,494 17,751,408
Total Itemized Deductions:
Number of Returns 644,574 2,794 9,568 32,695 53,913 154,376
Amount 9,600,114 57,465 104,637 354,537 596,047 1,623,983
Total Standard Deduction:
Number of Returns 1,807,312 16,077 560,641 482,060 311,517 299,438
Amount 9,597,331 88,898 2,330,036 2,616,227 1,764,854 1,861,973
Taxable Income:
Number of Returns 1,983,550 5 221,305 421,626 359,726 452,439
Amount 60,693,567 1 344,795 2,617,943 4,849,062 11,458,639
Income Tax Before Credits:
Number of Returns 1,980,972 49 218,780 421,526 359,733 452,435
Amount 12,498,830 46 52,629 391,840 725,164 1,803,233
Child Care Credit:
Number of Returns 127,295 ** ** 13,980 19,550 37,799
Amount 49,701 ** ** 4,695 7,478 13,837
Foreign Tax Credit:
Number of Returns 40,988 4 3,046 2,084 2,348 5,261
Amount 11,276 * 62 100 143 369
General Business Credit:
Number of Returns 4,430 0 36 163 279 520
Amount 12,310 0 8 90 295 863
Total Credits:
Number of Returns 176,536 15 4,037 18,423 22,680 44,312
Amount 86,776 1 189 5,426 8,357 16,548
Self-Employment Tax:
Number of Returns 279,865 3,102 47,232 47,932 38,343 56,951
Amount 541,576 3,663 29,926 57,691 56,378 102,677
Income Tax:
Number of Returns 1,973,581 105 218,092 415,994 358,773 452,174
Amount 12,467,329 4,828 52,609 386,512 716,959 1,787,438
Total Tax Liability:
Number of Returns 2,042,658 3,754 260,174 436,940 360,623 452,600
Amount 13,073,388 9,409 84,176 449,010 777,921 1,900,587
Withholding Tax:
Number of Returns 2,134,944 4,968 441,949 437,722 334,556 424,933
Amount 10,226,367 9,547 160,210 565,974 842,721 1,925,401
Estimated Tax Payment:
Number of Returns 263,505 1,624 15,479 43,512 38,234 55,879
Amount 2,713,987 8,770 15,103 56,974 81,256 197,018
Earned Income Credit:
Number of Returns 393,452 1,871 173,319 142,708 75,554 0
Amount 590,464 1,690 205,188 322,744 60,842 0
Excess Earned Income Credit:
Number of Returns 306,594 1,211 148,456 132,701 24,226 0
Amount 473,474 1,106 190,259 264,073 18,037 0
Total Tax Payments:
Number of Returns 2,312,231 8,519 491,351 481,342 357,691 448,522
Amount 13,897,493 24,372 382,541 948,888 988,342 2,130,935
Overpayment (Negative Amount):
Number of Returns 1,719,845 7,048 446,889 402,341 272,159 307,816
Amount -2,224,617 -14,625 -323,729 -558,109 -281,801 -389,640
Tax Due at Time of Filing:
Number of Returns 613,767 2,141 84,646 91,967 83,349 133,209
Amount 1,660,236 2,802 24,043 55,491 75,583 174,435
Medical and Dental Expense:
Number of Returns 96,332 1,983 6,922 19,552 18,427 27,106
Amount 612,804 11,249 56,066 146,409 108,328 130,081
State and Local Income Tax:
Number of Returns 626,628 1,643 5,321 25,507 51,024 153,009
Amount 2,301,995 6,162 3,013 22,968 44,012 235,717
Real Estate Tax:
Number of Returns 594,370 2,236 6,515 24,934 45,917 140,751
Amount 831,036 4,171 6,525 23,560 42,140 137,970
Taxes Paid Deduction:
Number of Returns 641,744 2,613 8,302 30,464 53,423 154,971
Amount 3,399,995 11,088 10,747 51,317 170,612 407,237
Interest Paid Deduction:
Number of Returns 551,928 2,226 5,350 20,076 42,534 135,306
Amount 3,657,573 31,161 27,127 94,777 202,622 735,554
Contributions Deduction:
Number of Returns 557,006 0 6,059 23,728 41,750 127,564
Amount 1,614,519 0 6,861 39,631 67,323 212,778
* Less than $500.
** Omitted to avoid disclosure of specific taxpayer information.
NOTE: Details may not add to totals because of rounding.
SOURCE: Internal Revenue Service, Information Services, Martinsburg Computing Center, Development Center Branch.
Size of Adjusted Gross Income
$50,000 $75,000 $100,000 $150,000 $200,000 $500,000 $1,000,000
Under Under Under Under Under Under and
$75,000 $100,000 $150,000 $200,000 $500,000 $1,000,000 Over
302,566 115,268 65,048 18,762 21,321 3,870 1,972
301,985 123,264 68,741 20,444 23,943 4,067 1,743
251,400 103,457 57,940 16,491 18,765 3,389 1,677
38,479 9,428 5,800 1,851 2,034 374 227
10,770 1,946 1,007 327 365 73 31
16,108 5,239 3,112 1,018 1,354 265 147
190,222 70,992 42,147 13,885 17,657 3,443 1,819
276,164 104,795 57,361 15,948 18,113 3,296 1,657
14,875,986 7,696,991 5,417,578 1,983,649 3,465,541 1,215,776 1,503,519
244,045 103,485 61,038 18,096 20,803 3,838 1,964
522,284 287,153 269,730 125,166 255,591 116,795 315,554
17,680 11,087 10,756 4,915 8,211 2,200 1,312
113,949 76,787 98,304 57,930 156,710 72,069 132,943
119,244 62,761 43,999 14,489 18,062 3,568 1,876
296,837 219,475 254,373 143,630 306,752 155,714 299,011
136,035 68,020 35,837 9,242 10,358 1,976 1,131
59,775 38,113 25,636 10,067 19,653 8,363 19,193
53,661 21,595 14,532 5,080 6,310 1,091 550
499,231 320,214 406,267 226,431 389,204 100,702 48,519
96,897 52,027 39,069 13,723 17,676 3,594 1,897
414,678 344,864 452,353 270,298 719,582 436,165 1,542,402
21,307 9,196 6,049 1,780 1,887 273 120
195,275 119,827 114,289 48,017 76,235 14,936 14,167
64,708 25,994 15,519 4,290 4,299 731 429
931,721 445,212 320,449 103,323 112,833 25,148 27,897
16,014 5,186 3,076 1,009 1,329 262 143
-16,227 4,876 14,577 7,335 -2,761 -3,957 -2,695
16,705 4,284 1,421 214 113 ** **
24,831 6,566 2,501 544 355 ** **
39,339 14,650 9,409 3,145 3,416 597 322
396,527 236,047 123,132 43,721 51,388 9,593 5,461
9,412 4,114 3,541 1,386 1,600 273 121
25,280 12,719 11,643 4,740 5,495 930 406
10,929 5,428 5,303 2,476 3,550 816 470
12,532 6,882 7,590 3,990 6,022 1,394 846
3,766 2,863 3,347 1,765 2,543 465 199
14,922 16,331 28,633 22,257 41,800 8,521 2,690
54,550 23,374 18,284 7,211 9,928 2,086 1,115
121,809 75,706 90,800 52,161 91,344 20,626 11,228
18,379,558 9,843,581 7,724,700 3,214,492 6,196,278 2,607,409 5,100,470
191,493 96,313 59,565 17,775 20,489 3,692 1,901
2,311,486 1,443,838 1,153,561 449,845 768,947 260,120 475,648
111,073 18,955 5,483 987 832 178 71
748,868 133,024 39,038 6,974 5,764 1,191 482
302,340 115,206 65,011 18,750 21,305 3,867 1,970
13,068,129 7,366,284 6,029,691 2,617,023 5,369,140 2,346,444 4,626,418
302,341 115,206 65,010 18,750 21,305 3,867 1,970
2,210,999 1,459,317 1,346,075 649,151 1,546,700 770,815 1,542,859
34,759 12,961 5,724 1,238 1,019 129 27
14,454 5,607 2,472 562 482 83 19
7,142 5,113 5,604 2,803 5,180 1,482 921
647 611 1,261 786 2,434 1,584 3,278
757 616 731 376 595 203 154
1,395 1,330 1,645 947 1,858 1,228 2,649
42,834 18,545 11,834 4,316 6,722 1,779 1,039
17,853 8,209 6,055 2,791 6,824 4,959 9,564
40,566 16,989 13,374 5,407 7,603 1,539 827
96,986 54,272 56,824 26,688 40,647 9,732 6,094
302,304 115,207 65,022 18,753 21,317 3,869 1,971
2,194,429 1,452,760 1,344,160 650,474 1,559,216 773,181 1,544,763
302,397 115,228 65,027 18,757 21,318 3,869 1,971
2,304,274 1,515,461 1,408,599 680,289 1,603,718 783,957 1,555,988
284,943 107,619 58,757 16,254 18,266 3,303 1,674
2,160,030 1,272,571 1,037,833 437,403 919,295 385,628 509,754
44,961 22,565 19,106 7,734 10,617 2,382 1,412
264,034 205,209 279,753 181,623 487,410 275,958 660,880
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
300,284 114,479 64,474 18,582 21,167 3,855 1,965
2,436,527 1,491,574 1,341,031 636,448 1,463,575 698,882 1,354,377
187,270 56,119 27,244 6,608 5,446 662 243
-323,664 -124,141 -88,148 -36,042 -52,130 -15,652 -16,935
105,242 54,019 33,197 9,941 12,540 2,368 1,148
211,166 163,163 178,281 97,429 240,762 128,001 309,078
15,463 4,335 1,830 425 249 33 7
85,113 32,449 22,034 9,387 8,532 2,444 712
191,052 96,047 59,325 17,700 20,425 3,680 1,895
472,067 347,196 316,393 145,506 311,160 134,757 263,044
182,298 92,743 57,022 16,963 19,610 3,557 1,824
215,018 140,487 114,114 43,926 68,894 18,300 15,930
192,111 96,411 59,581 17,779 20,491 3,694 1,904
743,143 522,892 455,394 197,631 392,105 156,112 281,718
174,509 86,661 50,407 14,394 16,232 2,821 1,412
1,004,825 580,675 420,332 156,238 249,446 67,721 87,094
169,459 89,755 56,543 16,942 19,750 3,590 1,866
322,362 216,090 190,847 84,912 175,384 77,643 220,686