Federal Income Tax Returns filed in 2005 and Income Categories
For purposes of analyzing income tax data, the Internal Revenue Service uses the percentile categories shown in the chart (Top 1%, Top 5%…etc.) A total of 132, 730,734 tax returns were filed by individuals in 2005. The IRS analyzes the statistics to determine income categories. For example, the chart indicates that the top 25% of tax returns (33.2 million) filed in 2005 reported income of at least $61,055.
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