For 2009, there were 3,924,489 individual income tax returns reporting
adjusted gross income (AGI) of $200,000 or more, and 3,975,288 with
expanded income of $200,000 or more. These returns represent,
respectively, 2.793 percent and 2.830 percent of all returns for 2009.
Article in Spring 2012 Bulletin
For Tax Year 2009, 21.9 million individual taxpayers who itemized
deductions reported $31.8 billion indeductions for noncash charitable
contributions. Of these taxpayers, 6.7 million reported $28 billion in
deductions for charitable contributions on Form 8283, Noncash
Charitable Contributions. This form is used by individual taxpayers
when the amount of taxpayer deductions for all noncashdonations on
Schedule A, Itemized Deductions, exceeds $500.Article in Spring 2012
Bulletin
For Tax Year 2010, taxpayers filed 142.9 million U.S. individual
incometax returns, an increase of 1.7 percent from the 140.5 million
returns filed for 2009. In contrast with Tax Year 2009, adjusted
grossincome (AGI) and several other notable items showed an increase
for Tax Year 2010. AGI increased by 5.2 percent from 2009 to $8
trillion for 2010.
Article in Winter 2012 Bulletin
Taxpayers filed 140.5 million individual income tax returns for Tax
Year 2009. Of those, 81.9 million (or 58.3 percent) were classified as
taxable returns. This represents the lowest percentage of taxable
returns in more than 24 years. A taxable return is a return that has
total income tax greater than $0. The number of taxable returns was
9.7 percent lower than for 2008. Adjusted gross income (AGI) on these
taxable returns decreased 10.6 percent to $6,778 billion for 2009,
while total income tax decreased 16.1 percent to$866 billion. The
average tax rate for taxable returns decreased 0.8 percentage points
to 12.8percent.
Article in Winter 2012 Bulletin
Taxpayers filed 140.5 million individual income tax returns for Tax
Year (TY) 2009, a decrease of 1.4 percent from the 142.5 million
returns filed for TY 2008. The adjusted gross income (AGI) less
deficit reported on these returns totaled $7.6 trillion, a 7.7-percent
decrease from the previous year. This was the second year in a row
that AGI has decreased.
Article in Fall 2011 Bulletin
as one would say "Selah"
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President of The United States
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