IRS Reports on Returns for High-Income Filers

The Tax Reform Act of 1976 requires the IRS to report annually on data for individual income tax returns reporting incomes of $200,000 or more. According to the latest report, there were more than 4.2 million such filers for 2010 income tax returns. They represent 3% of all individual tax returns.

This income group has increased by about 8% over the previous year. This income group has increased annually since the IRS started making these reports in 1977.

Source: IRS Statistics of Income Bulletin, Spring 2013 at http://www.irs.gov/pub/irs-soi/13insprbulhignincome.pdf