Table 6.—Total adjusted gross income estimated from National Income and Product Accounts and as reported on individual income tax returns per Statistics of Income , tax years 1950-2002

Statistics of Income Bulletin, Fall, 2004

Table 6.--Total Adjusted Gross Income Estimated from National Income
and Product Accounts (NIPA) andas Reported on Individual Income Tax
Returns per Statistics of Income (SOI), Tax Years 1950-2002

[All figures are estimates--money amounts are in billions of dollars]

                                                           Percentage
Tax        Total         Reported on tax                    of total
year   (per NIPA) [2]   returns (per SOI)   Amount (3)   (per NIPA) [3]

          Adjusted gross income (AGI)

            (1)                (2)             (3)            (4)

1950     202.5                 179.1         23.4        11.6
1951     229.3                 202.3         27.0        11.8
1952     241.6                 215.3         26.3        10.9
1953     256.1                 228.7         27.4        10.7
1954     257.3                 229.2         28.1        10.9
1955     278.7                 248.5         30.2        10.8
1956     299.4                 267.7         31.7        10.6
1957     312.6                 280.3         32.3        10.3
1958     315.8                 281.2         34.6        11.0
1959     341.8                 305.1         36.7        10.7
1960     354.0                 315.5         38.5        10.9
1961     368.0                 329.9         38.1        10.4
1962     390.0                 348.7         41.3        10.6
1963     411.0                 368.8         42.2        10.3
1964     443.9                 396.7         47.2        10.6
1965     480.6                 429.2         51.4        10.7
1966     521.2                 468.5         52.7        10.1
1967     551.3                 504.8         46.5         8.4
1968     605.6                 554.4         51.2         8.5
1969     659.8                 603.5         56.3         8.5
1970     696.4                 631.7         64.7         9.3
1971     742.8                 673.6         69.2         9.3
1972     824.5                 746.0         78.5         9.5
1973     925.0                 827.1         97.9        10.6
1974   1,003.5                 905.5         98.0         9.8
1975   1,046.8                 947.8         99.0         9.5
1976   1,168.0               1,053.9        114.1         9.8
1977   1,296.1               1,158.5        137.6        10.6
1978   1,466.4               1,302.4        164.0        11.2
1979   1,654.1               1,465.4        188.7        11.4
1980   1,830.3               1,613.7        216.6        11.8
1981   2,016.3               1,772.6        243.7        12.1
1982   2,098.6               1,852.1        246.5        11.7
1983   2,225.6               1,942.6        283.0        12.7
1984   2,472.6               2,139.9        332.7        13.5
1985   2,631.6               2,306.0        325.6        12.4
1986   2,853.2               2,481.7        371.5        13.0
1987   3,121.1               2,773.8        347.3        11.1
1988   3,411.9               3,083.0        328.9        9.6
1989   3,649.7               3,256.4        393.3        10.8
1990   3,798.4               3,405.4        393.0        10.3
1991   3,856.8               3,464.5        392.3        10.2
1992   4,092.0               3,629.1        462.9        11.3
1993   4,245.4               3,723.3        522.1        12.3
1994   4,473.7               3,907.5        566.2        12.7
1995   4,759.8               4,189.4        570.4        12.0
1996   5,144.5               4,536.0        608.5        11.8
1997   5,578.0               4,969.9        608.1        10.9
1998   6,120.2               5,416.0        704.2        11.5
1999   6,553.5               5,855.5        698.0        10.7
2000   7,125.4               6,365.4        760.0        10.7
2001   7,005.0 [r]           6,170.6        834.4 [r]    11.9 [r]
2002   6,994.6               6,033.6        961.0        13.7

Tables 5 and 6

[1] See Table 4 for the differences between "personal income" and "adjusted gross income" (AGI).

[2] Reflects changes made to data as part of the 2003 Comprehensive Revision of the National Income and Product Accounts (NIPAs). For details of this revision, see the Bureau of Economic Analysis website at http://www.bea.gov/bea/dn/ 2003benchmark/CR2003content.htm.

[3] Data for years 1987 and after are not comparable to pre-1987 data because of major changes in the definition of "adjusted gross income" (AGI).

SOURCE: Data on "personal income" and "adjusted gross income" (AGI) (per NIPA's) are from U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts (NIPA's), Table 7.19: Comparison of Personal Income in the National Income and Product Accounts with Adjusted Gross Income as Published by the Internal Revenue Service. This table appears periodically in the Survey of Current Business and can also be accessed on-line at: http://www.bea.gov/beaJdn/nipaweb/ index.asp. Data on "adjusted gross income" (AGI) (per SOI) in Table 6 are from Statistics of Income-Individual Income Tax Returns, appropriate years.

COPYRIGHT 2004 U.S. Government Printing Office
COPYRIGHT 2005 Gale Group
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here

Content provided in partnership with Thompson Gale