Individual Income Tax Filing: Standard Deductions, Amount in USD: 893666000 Thousands as of 01-01-2016

Annual , not seasonally adjusted . Standard deductions were indexed for inflation. Statistics for taxpayers with the additional standard deduction for age 65 or over exclude those who checked the box on tax returns indicating age 65 or over, but then itemized their deductions instead of claiming standard deductions. For additional information about the return filing requirements, see the annual reports, Statistics of Income-Individual Income Tax Returns at https://www.irs.gov/uac/soi-tax-stats-historical-data-tables.

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Category, Region, Data Source: https://www.irs.gov/

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Stats

Last Value 893666000 Thousands
Latest Period 2016-01-01
Last Updated 2018-12-19 13:31:42-06
Frequency a
Average Growth Rate 3.98
Long Term Average 674163000
Value from 1 Year Ago 900609000
Change from 1 Year Ago -0.77
Unit Thousands
Adjustment Thousands

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