Accumulation and Distribution of Individual Retirement Arrangements, 2000PDFArticle by Peter J. Sailer, SOI and Sarah E. Nutter, George Mason University For 2000, 46 million taxpayers held $2.6 trillion in individual retirement arrangements (IRA’s). Nearly all (91.5 percent) was invested in traditional IRA plans. More than 15 million taxpayers made contributions of $36.5 billion to these plans. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS Related Link:Individual Tax Statistics Individual Foreign-Earned Income and Foreign Tax Credit, 2001PDFArticle by Jeff Curry and Maureen Keenan Kahr, SOI For 2001, U.S. taxpayers living abroad reported $27 billion in foreign-earned income. The foreign-earned income exclusion was $14 billion, while the exclusion for employer-provided housing expenses was nearly $2 billion. There were also over $6 billion of foreign tax credits. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS Related Link:Individual FEI / FTC Statistics Individual Income Tax Rates and Shares, 2001PDFArticle by David Campbell and Michael Parisi, SOI Taxpayers filed 130 million returns for Tax Year 2001. Adjusted gross income on taxable returns fell 4.0 percent and total income tax decreased 10.4 percent. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS, 6XLS, 7XLS, 8XLS Related Link:Individual Tax Statistics Interest-Charge Domestic International Sales Corporations, 2000PDFData Release by Cynthia Belmonte, SOI IC-DISC tax provisions provide limited incentives to small U.S. exporters. IC-DISC’s filed 727 income tax returns for 2000. Export gross receipts were $4.7 billion, tax-deferred IC-DISC income reported to shareholders was $0.7 billion, and actual distributions to shareholders were $0.4 billion. Excel Table:1XLS Related Link:FSC / IC-DISC Statistics S Corporation Returns, 2001PDFArticle by Kelly Bennett, SOI Nearly 3 million S corporation returns were filed for Tax Year 2001, the single most popular corporate entity choice, representing 58 percent of all corporate entities. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS Related Link:S Corporations Statistics Selected Income and Tax Items from Inflation-Indexed Individual Tax Returns, 1990-2001PDFData Release by Michael Strudler and Michael Parisi, SOI For Tax Year 2001, about 130.3 million returns were filed, a 14.5-percent increase from the 113.7 million returns filed for 1990. The number of returns for all size classes with real adjusted gross income above $100,000 increased by 69.2 percent or more. Excel Tables:1aXLS, 1bXLS, 1cXLS, 1dXLS, 1eXLS, 1fXLS, 1gXLS, 1hXLS, 1iXLS, 1jXLS, 1kXLS, 1lXLS, 2aXLS, 2bXLS, 2cXLS, 2dXLS, 2eXLS, 2fXLS, 2gXLS, 2hXLS, 2iXLS, 2jXLS, 2kXLS, 2lXLS Related Link:Individual Tax Statistics Unrelated Business Income Tax Returns, 2000, with a Decade in Review, 1991-2000PDFArticle by Margaret Riley, SOI Nonprofit organizations filed approximately 39,000 Forms 990-T for unrelated business income (UBI). After offsetting total gross UBI ($8.4 billion) with deductions ($7.7 billion), unrelated business taxable income (less deficit) was $0.7 billion. Unrelated business income tax was $0.4 billion. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS, 6XLS, 7XLS Related Link:Exempt Organizations: Unrelated Business Income Statistics Use of the Federal Empowerment Zone Employment Credit for Tax Year 1997: Who Claims What?PDFArticle by Andrew Bershadker, Office of Tax Analysis and Edith Brashares, Horst Frisch, Inc. For Tax Year 1997, there were 1,168 individual income tax returns that showed EZE credits of $10.9 million against regular tax. In addition, 278 taxable corporations claimed $8.6 million in EZE credit. Excel Tables:1XLS, 2XLS, 3XLS, 4XLS, 5XLS, 6XLS, 7XLS, 8XLS, 9XLS, 10XLS, 11XLS, 12XLS Related Link:Corporate and Individual Tax Statistics Link: Historical Tables and Appendix
