Newest Tax Filing Statistics Released
It takes approximately 1 year for the IRS to tabulate and release statistical information related to tax filings. They have just finished compiling tax and demographic information for the 2009 tax year, filed starting January of 2010. This year should be of significant relevance as it is the first set figures relating to the recession starting in 2008. Average income for taxpayers in 2009 fell 6.1% from the 2008 tax year, to $54,283. Another compelling figure was that the number of returns filed for 2009 dropped by almost 2 million, relating to people that perhaps were unemployed or underemployed during this period.
Posted: August 10, 2011