Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667-or 33.4 percent-were classified by the Internal Revenue Service as "Nontaxable returns," meaning the people who filed them paid $0 or less in income taxes, according to data published by the Statistics of Income Division of the IRS. At the same time, 80 percent of all income taxes paid that year were paid by tax return filers who had adjusted gross incomes of $100,000 or more.
Of these, 100,052,490 were "Taxable returns"-meaning the filers paid some income taxes-and 50,219,667 were "Nontaxable returns"-meaning the filers paid $0 or less in income taxes.
In 1996, the IRS estimates it collected $658,244,750,000 in income taxes and that $338,010,561,000 of that-or 51.4 percent-was paid by filers who had adjusted gross incomes of $100,000 or more.
Even when dependents who filed tax returns are removed from the data, nearly a third of tax filers still paid no income taxes.
Of these, 4,148,923 paid some income tax and 5,234,449 did not pay any income tax.
Of these 95,903,567 were taxable returns and 44,985,218-or 31.9 percent of the total 140,888,785-were nontaxable returns, representing filers who paid $0 or less in income taxes.
"For this report, the earned income credit, American opportunity credit, premium tax credit, regulated investment company, and health coverage credit are treated first as an amount used to offset income tax before credits. Since they were refundable, they were subtracted from income tax after reduction by all other statutory credits. As a result, some returns became nontaxable strictly because of the refundable credit when the refundable credits equaled or exceeded income tax before credits reduced by any other credits."
https://www.cnsnews.com/news/article/terence-p-jeffrey/irs-50219667-tax-return-filers-paid-0-or-less-income-taxes
Of these, 100,052,490 were "Taxable returns"-meaning the filers paid some income taxes-and 50,219,667 were "Nontaxable returns"-meaning the filers paid $0 or less in income taxes.
In 1996, the IRS estimates it collected $658,244,750,000 in income taxes and that $338,010,561,000 of that-or 51.4 percent-was paid by filers who had adjusted gross incomes of $100,000 or more.
Even when dependents who filed tax returns are removed from the data, nearly a third of tax filers still paid no income taxes.
Of these, 4,148,923 paid some income tax and 5,234,449 did not pay any income tax.
Of these 95,903,567 were taxable returns and 44,985,218-or 31.9 percent of the total 140,888,785-were nontaxable returns, representing filers who paid $0 or less in income taxes.
"For this report, the earned income credit, American opportunity credit, premium tax credit, regulated investment company, and health coverage credit are treated first as an amount used to offset income tax before credits. Since they were refundable, they were subtracted from income tax after reduction by all other statutory credits. As a result, some returns became nontaxable strictly because of the refundable credit when the refundable credits equaled or exceeded income tax before credits reduced by any other credits."
https://www.cnsnews.com/news/article/terence-p-jeffrey/irs-50219667-tax-return-filers-paid-0-or-less-income-taxes
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