Excel Viewer | Adobe® Reader Statistics of Income (SOI) Bulletin - Summer 2017 PDF (entire publication in PDF) Featured Articles High-Income Tax Returns, 2014 PDF By Justin Bryan This annual study provides detailed data on returns with adjusted gross income or expanded income greater than $200,000. The study also looks at high-income, nontaxable returns (HINTs) and the reason for nontaxability. For Tax Year 2014, there were almost 6.3 million individual income tax returns with an expanded income of $200,000 or more, accounting for 4.2 percent of all returns for the year. Of these returns, 9,692 had no worldwide income tax liability. This was a 24.2-percent decline from the number of returns with no worldwide income tax liability in 2013, and the fifth decrease in a row since the all-time high of 19,551 HINTs in 2009. Excel Tables: 1 XLS, 2 XLS, 3 XLS, 4 XLS, 5 XLS, 6 XLS, 7 XLS, 8 XLS, 9 XLS, 10 XLS, 11 XLS, 12 XLS Related Link: High Income Tax Returns Corporate Foreign Tax Credit, Tax Year 2013 PDF By Scott Luttrell For Tax Year 2013, corporations filing a corporation income tax return reported a record $118.3 billion in foreign tax credits. This was an increase of $8.7 billion from the amount claimed for 2012. Taxable foreign-source income from corporations claiming the foreign tax credit increased 9.8 percent from 2012, to $460.9 billion for 2013, while their current foreign taxes paid increased by less than 1 percent to $126.2 billion. Firms in manufacturing industries accounted for 58 percent of all foreign tax credits. European countries accounted for 39.3 percent of taxable foreign-source income and 46 percent of current year foreign taxes. Excel Tables: 1 XLS, 2 XLS Related Link: Corporate Foreign Tax Credit Statistics Individual Noncash Contributions, Tax Year 2014 PDF By Pearson Liddell and Janette Wilson The number of individual returns filed by taxpayers with a Form 8283 attached increased 3.9 percent, from 7.7 million for Tax Year 2013 to 8.0 million for Tax Year 2014. Total donations increased 30.1 percent for 2014, up from $46.4 billion for the previous year. Corporate stock donations increased 48.0 percent from $19.7 billion for 2013 to $29.2 billion for 2014, while easements more than doubled to $3.2 billion. Of the $60.4 billion in noncash donations reported, over half went to foundations ($18.9 billion or 31.4 percent of the total) and large charitable organizations ($12.2 billion or 20.2 percent of the total). Excel Tables: 1 XLS, 2 XLS, 3 XLS, 4 XLS, 5 XLS Related Link: Special Studies on Individual Tax Return Data Departments SOI Sampling Methodology and Data Limitations Upcoming SOI Data Releases Historical Tables and Appendix
