Statistics of Income (SOI) Bulletin - Winter 2018
(entire publication in PDF)
Individual Income Tax Shares, 2015
by Adrian Dungan
For Tax Year 2015, taxpayers filed 141.2 million individual income tax returns, excluding returns filed by dependents. The average adjusted gross income (AGI) reported on these returns was $71,829, up from $69,565 for the previous year. Total AGI increased 4.5 percent to $10.14 trillion, while total income tax increased 5.8 percent to $1.45 trillion. For 2015, the AGI threshold for the top 50 percent of all individual income tax returns was $39,275 for the year. These taxpayers accounted for 88.7 percent of total AGI, and paid 97.2 percent of total income tax. The top 0.001 percent of tax returns had an AGI of $59,380,503 or more. These taxpayers accounted for 2.1 percent of total AGI, and paid 3.5 percent of total income tax. The average tax rate of 14.34 percent for all returns in 2015 was the highest of this 10-year study.
Related Link: Individual Income Tax Rates and Tax Shares