Individual Income Tax Filing: Total Tax Payment Amount in USD: 1693460000 Thousands as of 01-01-2016

Annual , not seasonally adjusted . Represents payments reflecting the sum of "total income tax" (see footnote 31), tax recapture of certain prior-year tax credits, tax applicable to Individual Retirement Arrangements (IRAs), and Social Security taxes on "self-employment income" and on certain employee tip income, as well as on other income-related taxes applicable to the years shown (see Statistics of Income-Individual Income Tax Returns). The total also includes the following not shown separately below in Table 1: "advance earned income credit payments" and credits for (a) capital gain tax paid by a Regulated Investment Company, but considered paid by shareholders, and (b) part of the purchase price of a diesel-powered highway vehicle. 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.

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

Chart

Stats

Last Value 1693460000 Thousands
Latest Period 2016-01-01
Last Updated 2018-12-19 13:31:03-06
Frequency a
Average Growth Rate 3.51
Long Term Average 1239810000
Value from 1 Year Ago 1688470000
Change from 1 Year Ago 0.3
Unit Thousands
Adjustment Thousands

Related Indicators