Individual Income Tax Filing: Earned Income Credit : 66723338 (As of 2016-01-01) ( Discontinued )
Historical Data
Basic Info
Individual Income Tax Filing: Earned Income Credit was 66723338 as of 2016-01-01, according to Internal Revenue Service (IRS). Historically, Individual Income Tax Filing: Earned Income Credit reached a record high of 68524975 and a record low of 31901107, the median value is 49604629. Typical value range is from 51 to 68. The Year-Over-Year growth is -2.63%. GuruFocus provides the current actual value, an historical data chart and related indicators for Individual Income Tax Filing: Earned Income Credit - last updated on 2016-01-01.
Annual , not seasonally adjusted . The amounts "used to offset income tax before credits" and "used to offset other taxes" (that are income-related) are reflected in the statistics for "total tax credits"; however, the "excess" or refundable portion of the credits are reflected in the statistics for tax "overpayments." The refundable portion of the credit is the amount (in excess of the taxes) that could not be credited, including any "advance earned income credit payments" on those returns that had such an excess. ("Advance earned income credit payments" were made to employees electing to receive such payments currently through their paychecks. Such "payments" are included in the statistics only if the employees also met the tax return filing requirements; advance payments received by those not required to file are, therefore, excluded). For additional information about the return filing requirements, see the annual reports, Statistics of Income-Individual Income Tax Returns at https://www.irs.gov/uac/soi-tax-stats-historical-data-tables.
Category | Population, Employment, & Labor Markets |
Region | USA |
Source | Internal Revenue Service (IRS) |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 66723338 | ||
Latest Period | 2016-01-01 | ||
Long Term Average | 60,100,425.82 | ||
Average Annualized Growth Rate | +4.43% | ||
Value from 1 year ago | |||
Change from 1 year ago | % | ||
Frequency | Annual | ||
Unit | Thousands | ||
Download Source | ENINCCTA.txt |