# On average, what's the dollar amount that the Fed collects in income tax each year.

**URL:** <https://boards.straightdope.com/t/on-average-whats-the-dollar-amount-that-the-fed-collects-in-income-tax-each-year/241905>\
**Category:** Factual Questions\
**Created:** [April 25, 2004, 11:52am UTC](https://boards.straightdope.com/t/on-average-whats-the-dollar-amount-that-the-fed-collects-in-income-tax-each-year/241905 "2004-04-25T11:52:55Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Omnipresent](https://avatars.discourse-cdn.com/v4/letter/o/8c91f0/32.png) [@Omnipresent](https://boards.straightdope.com/u/Omnipresent)\
**Post date:** [April 25, 2004, 11:52am UTC](https://boards.straightdope.com/t/on-average-whats-the-dollar-amount-that-the-fed-collects-in-income-tax-each-year/241905/1 "2004-04-25T11:52:55Z")

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Obviously, it’s different each year but, just looking for a general number as to what the Federal Government of the United States collects in Federal Income Tax. I suppose that could include corporate funds also, but, I guess I’m mainly looking for funds collected from individuals.

Don’t jump the gun here. Don’t say, “I got back $1,000 so, I didn’t pay anything”. NO, you got a refund on top of what you paid.

Any figures out there (that are actuate)?

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**Author:** ![Ravenman](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ravenman/32/2929_2.png) [@Ravenman](https://boards.straightdope.com/u/Ravenman)\
**Post date:** [April 25, 2004, 2:13pm UTC](https://boards.straightdope.com/t/on-average-whats-the-dollar-amount-that-the-fed-collects-in-income-tax-each-year/241905/2 "2004-04-25T14:13:18Z")

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Like you said, there’s no such thing as an “average year”… but in the current fiscal year, the Bush Administration projects that it will receive $765.4 billion in individual income taxes, down from last year’s actual receipts of $793.7 billion. In FY2005, which starts on October 1, 2004, the Administration thinks it will get $873.8 billion as the economy picks up.

Keep in mind that this is just one slice of government revenue, especially with spending in excess of $2.2 trillion.

Other major revenue streams projected for this fiscal year include: Social insurance taxes (Social Security) – $732.4 billion; corporate income taxes, $168.7 billion; excise taxes, $70.8 billion; gift taxes, $23.9 billion; customs duties, $22.6 billion; and “miscellaneous receipts” $34.3 billion.

[Source.](http://www.whitehouse.gov/omb/budget/fy2005/pdf/spec.pdf) Page 251, huge PDF.
