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IRS: 50,219,667 Tax Return Filers Paid $0 or Less in Income Taxes

https://www.cnsnews.com/news/article/terence-p-jeffrey/irs-50219667-tax-return-filers-paid-0-or-less-income-taxes
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Apr 15, 2019 5:31 PM 6+ day ago

50,219,667 Filers Paid $0 or Less!

(CNSNews.com) - Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667--or 33.4 percent--were classified by the Internal Revenue Service as "nontaxable returns," meaning the people who filed them paid $0 or less in income taxes, according to data published by the Statistics of Income Division of the IRS.

At the same time, 80 percent of all income taxes paid that year were paid by tax return filers who had adjusted gross incomes of $100,000 or more.

Table 2.3 in the Statistics of Income data released by the IRS lists the total number of all returns the IRS estimates it received in a tax year. It also breaks that number down by the number "taxable returns" and the number of "nontaxable returns."

"A nontaxable return, on the other hand, could either have a zero or negative tax liability after accounting for all credit," says ...

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IRS: 50,219,667 Tax Return Filers Paid $0 or Less in Income Taxes

IRS: 50,219,667 Tax Return Filers Paid $0 or Less in Income Taxes

cnsnews.com     6+ day ago

(CNSNews.com) - Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667--or 33.4 percent--were classified by the Internal Revenue Service as "nontaxable returns," me...

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50,219,667 income-tax filers paid $0 or less

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Press your menu button and find the option to bookmark this page (a star icon for some browsers). Then choose the option to add this bookmark to your home screen. (CNSNEWS) -- Of ...

IRS: 50,219,667 Tax Return Filers Paid $0 or Less in Income Taxes

IRS: 50,219,667 Tax Return Filers Paid $0 or Less in Income Taxes

cnsnews.com     6+ day ago

(CNSNews.com) - Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667--or 33.4 percent--were classified by the Internal Revenue Service as "nontaxable returns," me...

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