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Release Tables:
Individual Tax Return Items

   
    1999    
 
 
    2016
Thousands of U.S. Dollars
Name 2016 Preceding
Period
Year Ago
from Period
Adjusted gross income (AGI)
10,225,936,977.0 10,210,310,103.0 10,210,310,103.0
Salaries and wages
7,217,425,529 7,112,222,959 7,112,222,959
Taxable interest
96,640,222 95,881,223 95,881,223
Tax-exempt interest
60,652,535 61,871,455 61,871,455
Ordinary dividends
254,065,148 260,252,720 260,252,720
Qualified dividends
202,033,794 203,187,788 203,187,788
Business or profession net income
389,078,638 391,975,736 391,975,736
Business or profession net loss
60,996,610 60,161,435 60,161,435
Net capital gain in AGI
634,341,271 713,598,090 713,598,090
Net capital loss in AGI
20,125,823 18,646,316 18,646,316
Capital gain distributions reported on Form 1040
6,759,530 11,563,203 11,563,203
Sales of property other than capital assets, net gain
27,611,408 33,036,562 33,036,562
Sales of property other than capital assets, net loss
21,318,833 21,093,508 21,093,508
Taxable IRA distributions
257,507,903 253,213,041 253,213,041
Pensions and annuities in AGI
693,626,543 689,991,999 689,991,999
Unemployment compensation
25,420,264 27,225,383 27,225,383
Social Security benefits in AGI
285,939,053 277,411,075 277,411,075
Rent net income
77,938,125 76,533,974 76,533,974
Rent net loss
53,626,240 52,761,966 52,761,966
Royalty net income
17,780,149 23,777,626 23,777,626
Royalty net loss
458,413 461,722 461,722
Partnership and S corporation net income
754,310,147 755,622,761 755,622,761
Partnership and S corporation net loss
125,646,321 126,618,186 126,618,186
Estate or trust net income
30,427,832 32,453,002 32,453,002
Estate or trust net loss
3,856,714 5,033,199 5,033,199
Farm net income
11,506,347 13,533,867 13,533,867
Farm net loss
29,172,377 27,497,651 27,497,651
Total statutory adjustments
153,413,762 150,092,952 150,092,952
Educator expenses
982,697 950,200 950,200
Certain business expenses of reservists, performing artists, and fee-basis government officials
605,289 579,419 579,419
Individual Retirement Arrangements
13,387,326 13,043,934 13,043,934
Student loan interest deduction
13,446,141 13,438,377 13,438,377
Tuition and fees deduction
3,910,226 3,918,501 3,918,501
Health savings account deduction
4,966,885 4,322,792 4,322,792
Medical savings account deduction
6,922 3,686 3,686
Keogh and self-employed retirement plans
24,682,853 24,378,156 24,378,156
Deduction for self-employment tax
29,865,683 30,106,835 30,106,835
Self-employed health insurance
30,112,330 28,852,216 28,852,216
Domestic production activities deduction
13,376,710 12,791,597 12,791,597
Exemptions
1,146,205,770 1,140,740,415 1,140,740,415
Total deductions
2,187,065,561 2,158,046,457 2,158,046,457
Standard deductions
893,666,363 900,609,447 900,609,447
Returns with additional standard deductions for age 65 or over or blindness
28,572,178 28,146,319 28,146,319
Itemized deductions
1,293,399,198 1,257,437,010 1,257,437,010
Medical and dental expense
90,195,263 86,931,032 86,931,032
Taxes paid
566,097,879 553,015,621 553,015,621
Interest paid
304,996,915 304,461,163 304,461,163
Home mortgage interest paid
282,953,098 283,004,465 283,004,465
Charitable contributions
233,867,289 221,850,264 221,850,264
Taxable income
7,330,107,228 7,350,295,491 7,350,295,491
Income tax before credits
1,504,894,343 1,516,165,675 1,516,165,675
Tax credits
75,380,997 77,927,251 77,927,251
Child care credit
3,635,193 3,585,379 3,585,379
Credit for the elderly or disabled
6,563 6,397 6,397
Child tax credit
26,800,252 27,099,975 27,099,975
Nonrefundable education credits
9,653,056 10,234,109 10,234,109
Retirement savings contributions credit
1,536,316 1,441,212 1,441,212
Residential energy credit
2,336,382 2,087,749 2,087,749
Foreign tax credit
20,090,001 22,560,125 22,560,125
General business credit
4,130,911 3,616,120 3,616,120
Income tax after credits
1,426,594,886 1,435,848,586 1,435,848,586
Total income tax
1,446,047,551 1,457,891,441 1,457,891,441
Alternative minimum tax
31,016,377 31,165,616 31,165,616
Earned income credit
66,723,338 68,524,975 68,524,975
Used to offset income tax before credits
1,403,058 1,490,048 1,490,048
Used to offset other taxes
8,266,292 8,240,113 8,240,113
Excess earned income credit (refundable)
57,053,987 58,794,813 58,794,813
Refundable American opportunity credit
7,864,516 8,623,424 8,623,424
Used to offset income tax before credits
3,628,286 3,853,556 3,853,556
Used to offset other taxes
301,157 256,816 256,816
Excess American opportunity credit (refundable)
3,935,073 4,513,052 4,513,052
Tax payments, total
1,693,457,338 1,688,472,002 1,688,472,002
Income tax withheld
1,222,368,779 1,197,083,155 1,197,083,155
Excess Social Security tax withheld
3,183,701 3,082,121 3,082,121
Estimated tax payments
360,038,618 372,286,086 372,286,086
Payments with requests for extension of filing time
107,697,232 115,820,220 115,820,220
Tax due at time of filing
154,021,961 161,798,546 161,798,546
Tax overpayments, total
414,634,849 408,707,508 408,707,508
Overpayment refunds
334,914,071 329,830,398 329,830,398
   

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