How Many U.S. Taxpayers Are There?

How Many U.S. Taxpayers Are There?

How Many U.S. Taxpayers Are There?

According to the most recent tax data, 138.3 million taxpayers reported earning approximately $9.03 trillion in adjusted gross income and paying $1.23 trillion in federal income tax. There are approximately 245.3 million adults in the Unites States.

Those who do not pay federal income tax are generally either exempt due to the fact that they have no taxable income, or they receive enough tax breaks to reduce their income tax liability to zero. Generally, people who earn higher salaries pay a higher percent of their taxable income each year. On average, earners in the top 20 percent pay almost 87 percent of all income tax paid each year. People who’s taxable income is in the bottom 40 percent of the population usually receive money from the government due to taxes.