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
Hawaii 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 552,105 6,133 112,398 108,905 88,456 105,234
Dependent Exemptions Count 336,721 2,243 26,837 48,198 52,803 78,808
Joint Returns Count 224,550 1,893 11,023 25,178 29,157 51,702
Single Returns Count 264,238 3,543 90,286 65,879 44,170 40,906
Head of Household Count 51,460 402 8,867 14,534 12,351 10,567
Number of Farm Returns 6,101 332 972 962 838 1,209
Paid Preparer Returns Count 286,319 4,450 45,667 55,251 43,951 57,358
Salaries and Wages:
Number of Returns 461,379 1,609 84,404 89,419 77,098 92,872
Amount 14,962,558 29,814 398,038 1,264,640 1,787,203 3,277,525
Taxable Interest Income:
Number of Returns 373,305 3,695 51,026 56,064 57,670 83,123
Amount 679,451 16,283 33,522 60,718 59,736 109,248
Tax-exempt Interest:
Number of Returns 24,163 222 1,543 1,818 1,911 4,318
Amount 153,376 1,455 3,555 5,096 6,877 17,378
Dividends Received:
Number of Returns 140,348 1,574 16,423 14,072 15,475 28,525
Amount 458,284 6,167 14,843 21,816 22,340 49,903
State and Local Refunds:
Number of Returns 152,395 1,285 5,598 9,495 15,091 37,768
Amount 177,511 2,862 1,983 4,993 10,600 33,274
Business or Profession Net Income (less loss):
Number of Returns 80,343 2,998 12,407 11,323 10,066 15,730
Amount 776,116 -40,313 39,346 64,215 58,410 102,532
Net Capital Gain (less loss):
Number of Returns 111,141 1,836 12,644 10,060 11,295 22,038
Amount 965,190 36,183 13,216 16,774 18,771 52,413
Taxable IRA Distributions:
Number of Returns 30,492 238 2,324 4,714 4,296 6,812
Amount 249,513 2,637 6,536 20,021 21,176 42,256
Taxable Pensions / Annuities:
Number of Returns 100,780 575 8,906 18,023 15,148 21,992
Amount 1,652,245 5,528 39,216 161,840 194,022 359,276
Farm Net Income / Loss:
Number of Returns 6,038 325 967 958 830 1,196
Amount 1,696 -4,427 1,122 1,585 1,083 1,723
Unemployment Compensation:
Number of Returns 38,392 121 4,746 8,684 6,810 9,264
Amount 134,382 422 11,633 29,021 25,611 36,024
Taxable Social Security Income:
Number of Returns 42,946 99 194 633 6,512 14,292
Amount 349,033 1,100 973 1,544 11,406 71,649
IRA Payments:
Number of Returns 23,714 131 1,836 3,983 5,913 7,531
Amount 46,188 227 2,994 7,147 10,440 13,788
S.E. Health Insurance Deduction:
Number of Returns 13,893 407 1,927 2,387 1,886 2,401
Amount 15,369 419 1,501 2,187 1,953 2,658
Self-Employed Retirement Plan Payments:
Number of Returns 5,781 21 102 247 328 807
Amount 44,153 45 162 474 962 2,945
Total Adjustments:
Number of Returns 86,868 1,261 12,674 13,501 13,517 18,825
Amount 203,523 2,404 10,161 19,244 22,903 36,244
AGI Amount 20,367,085 -340,803 538,220 1,627,460 2,185,744 4,102,520
Total Itemized Deductions:
Number of Returns 180,042 1,590 3,515 10,026 17,713 44,432
Amount 3,445,595 37,336 82,213 114,932 269,769 589,867
Total Standard Deduction:
Number of Returns 372,063 4,543 108,883 98,879 70,743 60,802
Amount 1,916,814 22,084 439,883 512,179 386,100 360,374
Taxable Income:
Number of Returns 455,234 ** ** 91,542 85,639 104,138
Amount 13,165,194 ** ** 603,506 1,167,830 2,543,899
Income Tax Before Credits:
Number of Returns 454,860 16 42,785 91,550 85,644 104,144
Amount 2,590,529 17 11,048 90,449 174,894 407,273
Child Care Credit:
Number of Returns 27,093 ** ** 1,863 3,473 7,065
Amount 9,984 ** ** 573 1,189 2,610
Foreign Tax Credit:
Number of Returns 11,049 0 720 562 693 1,699
Amount 9,039 0 14 42 94 203
General Business Credit:
Number of Returns 2,727 ** ** 62 129 429
Amount 5,268 ** ** 42 136 583
Total Credits:
Number of Returns 41,798 4 1,039 3,443 4,470 9,254
Amount 26,984 * 58 897 1,500 3,731
Self-Employment Tax:
Number of Returns 56,907 964 10,323 8,706 6,808 10,210
Amount 119,894 1,288 7,340 12,044 11,205 19,595
Income Tax:
Number of Returns 453,380 27 42,566 90,716 85,393 103,990
Amount 2,575,869 346 11,040 89,609 173,435 403,678
Total Tax Liability:
Number of Returns 468,570 1,109 51,638 94,420 86,250 104,383
Amount 2,709,226 1,932 18,719 102,751 185,855 425,728
Withholding Tax:
Number of Returns 487,513 1,637 80,927 96,656 83,591 100,623
Amount 2,179,381 3,576 30,242 127,676 206,312 432,173
Estimated Tax Payment:
Number of Returns 65,681 627 4,219 7,746 7,296 12,980
Amount 572,034 2,232 4,385 11,561 15,767 41,265
Earned Income Credit:
Number of Returns 66,480 687 31,211 21,544 13,038 0
Amount 81,529 555 28,195 42,730 10,048 0
Excess Earned Income Credit:
Number of Returns 49,136 406 24,974 19,316 4,440 0
Amount 62,314 324 24,853 33,810 3,327 0
Total Tax Payments:
Number of Returns 521,047 2,596 93,179 103,755 87,020 104,251
Amount 2,949,597 7,305 63,700 183,324 233,772 477,713
Overpayment (Negative Amount):
Number of Returns 371,127 2,051 82,456 85,675 66,346 68,329
Amount -453,414 -5,362 -50,833 -93,158 -63,184 -85,352
Tax Due at Time of Filing:
Number of Returns 147,158 596 18,792 19,504 19,977 33,383
Amount 291,116 757 5,876 12,293 16,129 37,825
Medical and Dental Expense:
Number of Returns 27,555 1,026 2,036 4,874 5,654 8,101
Amount 227,553 5,118 51,558 21,640 84,848 29,147
State and Local Income Tax:
Number of Returns 167,296 763 1,948 7,453 15,698 41,890
Amount 799,600 2,220 1,643 7,456 24,490 103,943
Real Estate Tax:
Number of Returns 141,583 1,290 2,419 6,614 12,028 32,291
Amount 144,782 2,098 2,224 5,073 8,557 23,772
Taxes Paid Deduction:
Number of Returns 179,215 1,463 3,265 9,658 17,607 44,393
Amount 960,175 4,629 4,035 13,094 34,133 130,694
Interest Paid Deduction:
Number of Returns 143,794 1,346 2,470 6,702 12,762 33,868
Amount 1,748,061 24,613 23,275 61,462 111,672 321,299
Contributions Deduction:
Number of Returns 160,797 0 2,230 7,838 15,093 39,704
Amount 347,571 0 1,852 9,553 20,365 57,585
* 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
71,321 32,166 17,769 4,484 4,359 620 260
69,235 32,854 17,007 4,165 3,932 459 180
53,579 28,309 15,572 3,808 3,633 501 195
13,464 3,003 1,763 532 555 90 47
3,511 669 303 114 120 15 7
951 417 237 61 83 21 18
41,583 19,047 11,180 3,384 3,622 583 243
63,687 28,887 15,541 3,753 3,470 461 178
3,355,187 2,088,382 1,432,110 445,860 621,031 145,683 117,083
64,199 30,736 17,246 4,380 4,289 617 260
114,751 74,812 63,402 29,028 50,281 24,134 43,535
5,012 3,275 2,945 1,136 1,517 310 156
23,010 17,027 20,303 10,831 23,256 9,043 15,544
27,899 16,773 11,863 3,420 3,536 545 243
65,805 53,637 59,388 29,122 56,148 28,318 50,798
41,372 22,752 12,453 3,005 2,933 443 200
45,357 29,439 20,409 7,038 11,868 4,375 5,311
13,558 6,805 4,417 1,320 1,423 213 83
116,665 86,565 109,966 61,727 124,809 35,647 16,547
22,096 13,734 10,148 3,143 3,355 555 237
85,309 87,556 113,469 71,409 157,157 91,194 221,740
6,158 3,085 1,827 497 448 65 28
51,589 37,064 31,309 13,250 15,956 5,038 2,681
18,752 9,180 5,416 1,352 1,196 162 78
388,949 224,413 157,658 45,890 50,689 11,805 12,958
939 412 235 61 81 18 16
1,268 1,199 1,035 311 -585 -7 -2,611
6,205 1,866 583 75 33 ** **
22,880 6,086 2,194 329 166 ** **
11,268 4,966 3,011 855 891 156 69
133,075 60,037 39,749 12,331 13,489 2,523 1,156
2,325 866 624 248 215 31 11
5,697 2,433 1,852 792 678 106 34
1,810 939 942 437 620 105 32
2,098 1,199 1,315 723 1,067 186 61
1,158 913 965 496 647 75 22
5,104 5,425 8,942 6,037 11,564 2,070 424
12,539 6,022 4,498 1,681 1,907 317 126
29,209 19,441 22,964 12,554 22,011 4,566 1,821
4,351,648 2,755,976 2,094,021 766,428 1,236,655 411,785 637,433
49,455 27,573 16,398 4,265 4,226 599 250
829,286 578,057 426,574 144,453 215,872 63,171 94,065
21,866 4,593 1,371 219 133 21 10
149,797 33,542 10,143 1,583 929 140 62
71,136 32,126 17,750 4,480 4,352 619 258
2,864,308 1,899,937 1,525,643 589,100 1,010,198 348,726 543,937
71,136 32,126 17,750 4,480 4,352 619 258
489,892 366,954 334,337 143,613 285,250 111,940 174,860
7,513 4,329 2,073 425 307 25 5
2,802 1,634 839 187 134 12 3
2,197 1,627 1,594 662 948 232 115
365 385 550 388 1,940 914 4,145
658 569 458 157 187 40 23
1,059 890 854 347 599 456 298
10,299 6,333 3,955 1,194 1,381 293 133
4,614 3,073 2,376 1,065 3,080 1,752 4,837
8,755 4,470 3,450 1,304 1,552 264 101
20,449 13,463 14,056 6,685 10,885 2,141 743
71,102 32,125 17,749 4,480 4,353 619 260
485,588 364,884 332,930 143,554 286,658 112,310 171,837
71,170 32,132 17,754 4,480 4,355 619 260
509,094 380,225 348,633 150,736 298,125 114,641 172,789
68,510 30,761 16,492 3,975 3,670 478 193
470,812 316,197 251,994 93,268 157,116 47,230 42,784
13,058 7,902 6,397 2,211 2,591 452 202
63,520 59,065 75,352 45,066 109,960 52,840 91,021
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
70,899 32,020 17,681 4,447 4,322 618 259
541,392 382,755 339,587 146,270 291,709 113,420 168,650
41,358 15,166 6,886 1,486 1,212 129 33
-72,739 -34,231 -21,651 -8,683 -11,513 -3,448 -3,259
26,568 14,829 8,905 2,238 1,993 275 98
47,691 38,052 39,863 19,136 35,320 14,016 24,160
4,179 1,107 430 85 54 5 4
18,024 7,228 5,999 1,798 1,871 182 139
47,761 26,749 15,936 4,138 4,123 588 249
181,929 144,951 120,238 47,793 87,524 31,844 45,569
39,767 24,054 14,603 3,837 3,880 565 235
34,881 26,065 20,414 7,160 10,107 2,592 1,839
49,514 27,583 16,398 4,259 4,225 599 251
220,565 173,618 142,455 55,723 98,860 34,766 47,603
40,879 24,068 13,999 3,507 3,523 477 193
461,542 317,092 219,201 71,222 98,375 21,105 17,203
45,647 26,064 15,506 3,978 3,944 560 233
74,259 49,249 38,603 14,697 27,110 11,475 42,823