![]() ![]() High-Income Taxpayers Paid the Highest Average Income Tax Rates Source: IRS, Statistics of Income, ”Individual Income Rates and Tax Shares.” ![]() It does not include any refundable portions of these credits. “Income taxes paid” is the sum of income tax after credits (including the subtraction of excess advance premium tax credit repayment, the earned income credit, American opportunity credit, health coverage tax credit, and the regulated investment credit credit) limited to zero plus net investment income tax from Form 8960 and the tax from Form 4970, Tax on Accumulation Distribution of Trusts. “Income split point” is the minimum AGI for tax returns to fall into each percentile. Note: Table does not include dependent filers. Summary of Federal Income Tax Data, Tax Year 2019 The average individual income tax rate was nearly unchanged: 13.29 percent in 2019, compared to 13.28 percent in 2018. Total income taxes paid rose by $42 billion to $1.58 trillion, a 2.7 percent increase above 2018. The number of returns filed rose by 3.9 million (2.7 percent) and reported AGI rose by $319 million (2.8 percent) above 2018 levels. Taxpayers reported nearly $11.9 trillion in adjusted gross income (AGI) on 148.3 million tax returns in 2019. Reported Income and Taxes Paid Increased in Tax Year 2019
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