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Tax season ended on April 15, and the six-month extension expires in October. As of May 23, a total of 132,270,182 tax returns have been filed with the Internal Revenue Service. By income group, those earning between $50,000 and $75,000 filed the most returns, at 15.69% of the total. Those in the group earning $1,000,000 and more filed just 0.22% of the total.
Read about the number of tax returns filed by May 23 and see how they vary across income groups.
Source:
Adjusted gross income |
Number of returns |
% of total return |
Total return |
13,22,70,182 |
100.00% |
No adjusted gross income and deficit |
13.31.774 |
1.01% |
$1 to $5,000 |
56,18,647 |
4.25% |
$5,000 to $10,000 |
64.72.696 |
4.89% |
10,000 to 15,000 US dollars |
74.42.678 |
5.63% |
15,000 to 20,000 US dollars |
72,47,104 |
5.48% |
$20,000 to $25,000 |
67.03.325 |
5.07% |
$25,000 to $30,000 |
65,10,940 |
4.92% |
30,000 to 40,000 US dollars |
1,31,56,282 |
9.95% |
40,000 to 50,000 US dollars |
1,14,85,185 |
8.68% |
50,000 to 75,000 US dollars |
2.07.51.406 |
15.69% |
75,000 to 100,000 US dollars |
1,32,93,648 |
10.05% |
100,000 to 200,000 US dollars |
2,28,19,080 |
17.25% |
$200,000 to $250,000 |
35,63,230 |
2.69% |
$250,000 to $500,000 |
45,71,679 |
3.46% |
500,000 to 1,000,000 US dollars |
10,17,382 |
0.77% |
$1,000,000 or more |
2,85,126 |
0.22% |