Federal Reserve Economic Data: Your trusted data source since 1991

Individual Income Tax Filing: Standard Deductions (DDSTRA)

Observation:

2016: 893,666,363 (+ more)   Updated: Dec 19, 2018 1:31 PM CST
2016:  893,666,363  
2015:  900,609,447  
2014:  876,239,898  
2013:  848,649,935  
2012:  797,425,658  
View All

Units:

Thousands of U.S. Dollars,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Department of the Treasury. Internal Revenue Service  

Release: SOI Tax Stats - Historical Data Tables  

Units:  Thousands of U.S. Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Standard deductions were indexed for inflation. Statistics for taxpayers with the additional standard deduction for age 65 or over exclude those who checked the box on tax returns indicating age 65 or over, but then itemized their deductions instead of claiming standard deductions.

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.

Suggested Citation:

U.S. Department of the Treasury. Internal Revenue Service, Individual Income Tax Filing: Standard Deductions [DDSTRA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDSTRA, June 15, 2024.

RELEASE TABLES

SOI Tax Stats - Historical Data Tables

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