2020 Individual Income Tax Returns Complete Report (Publication 1304)
The Tax Year 2020 Individual Income Tax Returns Complete Report (Publication 1304) is now available on SOI's Tax Stats webpage. The report is based on a sample drawn from the U.S. Individual Income Tax Returns (Forms 1040) filed for Tax Year 2020 and provides estimates on sources of income, adjusted gross income, deductions, taxable income, income tax, modified income tax, tax credits, self-employment tax, and tax payments. Classifications include tax status, size of adjusted gross income, marital status, age, type of tax computation, and selected percentile classes. The report also provides information on the requirements for filing tax returns and changes in the tax law, an analysis of the current-year data, statistics on tax rates and tax shares, a description of the sample used to produce the report, and definitions and explanations of terms.
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