Subject Tax Stats Dispatch: Issue Number 2023-008

IRS Tax Stats Dispatch

June 6, 2023

Issue Number: 2023-008

Inside This Issue

Individual Income Tax Returns Preliminary Data, Tax Year 2021
2023 SOI Bulletin, Spring Issue (Publication 1136)
2022 IRS Research Bulletin (Publication 1500)
Exempt Organizations’ Unrelated Business Income Tax, Tax Year 2017
Individual Income Tax Return Data, Form 1040, Schedule E, Partnerships and S Corporations Net Income (Less Loss), Tax Years 2000–2020
Personal Wealth Study, 2019

1. Individual Income Tax Returns Preliminary Data, Tax Year 2021

A data table which contains preliminary individual income tax returns data for Tax Year 2021 is available on SOI’s Tax Stats webpage. The table includes data on income, adjustments, credits, and taxes. It also contains information on returns filed through September 2022 weighted up to represent a full year of data.

2. 2023 SOI Bulletin, Spring Issue (Publication 1136)

The 2023 SOI Bulletin, Spring Issue (Publication 1136) is now available on SOI’s Tax Stats webpage. Articles included in this publication provide data available from various tax and information returns filed by U.S. taxpayers. This issue of the SOI Bulletin includes articles on the following topics: Sole Proprietorship Returns, Tax Year 2020 and High-Income Tax Returns, Tax Year 2019. SOI publishes the Statistics of Income Bulletin quarterly: winter, spring, summer, and fall

3. 2022 IRS Research Bulletin (Publication 1500)

The 2022 IRS Research Bulletin (Publication 1500) is now available on SOI’s Tax Stats webpage. The current edition features selected papers from the 12th annual IRS-Tax Policy Center Joint Research Conference on Tax Administration held virtually on June 16, 2022. The topics covered in the papers focus on ways to combine regular risk-based audits with random audits, taxpayer burden vs. opportunities to be noncompliant, alternatives for improving audit outcomes, and identifying reasons for taxpayer compliance or noncompliance. This volume will enable IRS executives, managers, employees, stakeholders, and tax administrators elsewhere to stay abreast of the latest trends and research findings affecting tax administration.

4. Exempt Organizations’ Unrelated Business Income Tax, Tax Year 2017

Tax-exempt organizations generally operate for charitable or other beneficial purposes, therefore, most income which they receive is exempt from tax under the Internal Revenue Code. However, tax-exempt organizations are permitted to engage in income-producing activities that are considered to be unrelated to their exempt purposes. Therefore, income from these activities may be taxable. This study measures income, deductions, and tax imposed on tax-exempt corporate and trust entities’ unrelated business income. Data are compiled from Form 990-T, Exempt Organization Business Income Tax Return. This study is available on SOI’s Tax Stats webpage.

5. Individual Income Tax Return Data, Form 1040, Schedule E, Partnerships and S Corporations Net Income (Less Loss), Tax Years 2000–2020

An historical table to the Tax Years 2000-2020 showing net income/loss for individual income tax return data on Partnerships and S Corporations separately is now available on SOI’s Tax Stats webpage. The individual data on partnerships and S Corporations is available as a combined net income/loss yearly in tables in Publication 1304, Individual Complete Report.

6. Personal Wealth Study, 2019

Six tables presenting data from the information reported on the United States Estate (and Generation Skipping Transfer) Tax Returns (Form 706) are now available on SOI’s Tax Stats webpage. These tables detail the type of property by size of net worth, age of wealth holder, net worth, and selected assets by state of residence of individuals whose personal wealth was at least equal to the estate tax filing threshold of $11.4 million and who were required to file Form 706 in 2019. This triennial study is based on the Estate Multiplier technique and estimates the wealth of the living population.

For more information on Federal Taxes please visit IRS.gov.

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