Table 6.

Gross Collections, by Type of Tax, Fiscal Years 1960–2023

[Money amounts are in thousands of dollars]
Income taxes
Total
Internal Employment Estate Gift Excise
Fiscal Revenue Business Individual Estate and trust taxes [4] tax tax taxes [5]
Total
year collections [1] income taxes [2] income tax [3] income tax [3]

(1) (2) (3) (4) (5) (6) (7) (8) (9)

1960 91,774,803 67,125,126 22,179,414 44,945,711 [3] 11,158,589 1,439,259 187,089 11,864,741
1961 94,401,086 67,917,941 21,764,940 46,153,001 [3] 12,502,451 1,745,480 170,912 12,064,302
1962 99,440,839 71,945,305 21,295,711 50,649,594 [3] 12,708,171 1,796,227 238,960 12,752,176
1963 105,925,395 75,323,714 22,336,134 52,987,581 [3] 15,004,486 1,971,614 215,843 13,409,737
1964 112,260,257 78,891,218 24,300,863 54,590,354 [3] 17,002,504 2,110,992 305,312 13,950,232
1965 114,434,634 79,792,016 26,131,334 53,660,683 [3] 17,104,306 2,454,332 291,201 14,792,779
1966 128,879,961 92,131,794 30,834,243 61,297,552 [3] 20,256,133 2,646,968 446,954 13,398,112
1967 148,374,815 104,288,420 34,917,825 69,370,595 [3] 26,958,241 2,728,580 285,826 14,113,748
1968 153,636,838 108,148,565 29,896,520 78,252,045 [3] 28,085,898 2,710,254 371,725 14,320,396
1969 187,919,560 135,778,052 38,337,646 97,440,406 [3] 33,068,657 3,136,691 393,373 15,542,787
1970 195,722,096 138,688,568 35,036,983 103,651,585 [3] 37,449,188 3,241,321 438,755 15,904,264
1971 191,647,198 131,072,374 30,319,953 100,752,421 [3] 39,918,690 3,352,641 431,642 16,871,851
1972 209,855,737 143,804,732 34,925,546 108,879,186 [3] 43,714,001 5,126,522 363,447 16,847,036
1973 237,787,204 164,157,315 39,045,309 125,112,006 [3] 52,081,709 4,338,924 636,938 16,572,318
1974 268,952,254 184,648,094 41,744,444 142,903,650 [3] 62,093,632 4,659,825 440,849 17,109,853
1975 293,822,726 202,146,097 45,746,660 156,399,437 [3] 70,140,809 4,312,657 375,421 16,847,741
1976 302,519,792 205,751,753 46,782,956 158,968,797 [3] 74,202,853 4,875,735 431,730 17,257,720
1976 [6] 75,462,780 49,567,484 9,808,905 39,758,579 [3] 19,892,041 1,367,935 117,312 4,518,008
1977 358,139,417 246,805,067 60,049,804 186,755,263 [3] 86,076,316 5,649,460 1,775,866 17,832,707
1978 399,776,389 278,438,289 65,380,145 213,058,144 [3] 97,291,653 5,242,080 139,419 18,664,949
1979 460,412,185 322,993,733 71,447,876 251,545,857 [3] 112,849,874 5,344,176 174,899 19,049,504
1980 519,375,273 359,927,392 72,379,610 287,547,782 [3] 128,330,480 6,282,247 216,134 24,619,021
1981 606,799,103 406,583,302 73,733,156 332,850,146 [3] 152,885,816 6,694,641 215,745 40,419,598
1982 632,240,506 418,599,768 65,990,832 352,608,936 [3] 168,717,936 8,035,335 108,038 36,779,428
1983 627,246,793 411,407,523 61,779,556 349,627,967 [3] 173,847,854 6,077,202 148,675 35,765,538
1984 680,475,229 437,071,049 74,179,370 362,891,679 [3] 199,210,028 6,024,985 151,682 38,017,486
1985 742,871,541 474,072,327 77,412,769 396,659,558 [3] 225,214,568 6,303,418 276,284 37,004,944
1986 782,251,812 497,406,391 80,441,620 416,964,771 [3] 243,978,380 6,814,417 380,538 33,672,086
1987 886,290,590 568,311,471 102,858,985 465,452,486 [3] 277,000,469 7,164,681 502,989 33,310,980
1988 935,106,594 583,349,120 109,682,554 473,666,566 [3] 318,038,990 7,348,679 435,766 25,934,040
1989 1,013,322,133 632,746,069 117,014,564 515,731,504 [3] 345,625,586 8,143,689 829,457 25,977,333
1990 1,056,365,652 650,244,947 110,016,539 540,228,408 [3] 367,219,321 9,633,736 2,128,202 27,139,445
1991 1,086,851,401 660,475,445 113,598,569 546,876,876 [3] 384,451,220 10,237,247 1,235,894 30,451,596
1992 1,120,799,558 675,673,952 117,950,796 557,723,156 [3] 400,080,904 10,411,450 1,067,666 33,565,587
1993 1,176,685,625 717,321,668 131,547,509 585,774,159 [3] 411,510,516 11,433,495 1,457,470 34,962,476
1994 1,276,466,776 774,023,837 154,204,684 619,819,153 [3] 443,831,352 13,500,126 2,106,667 43,004,794
1995 1,375,731,835 850,201,510 174,422,173 675,779,337 [3] 465,405,305 13,326,051 1,818,343 44,980,627
1996 1,486,546,674 934,368,068 189,054,791 745,313,276 [3] 492,365,178 15,350,591 2,241,226 42,221,611
1997 1,623,272,071 1,029,513,216 204,492,336 825,020,880 [3] 528,596,833 17,595,484 2,760,917 44,805,621
1998 1,769,408,739 1,141,335,868 213,270,011 928,065,857 [3] 557,799,193 21,314,933 3,316,029 45,642,716
1999 1,904,151,888 1,218,510,654 216,324,889 1,002,185,765 [3] 598,669,865 23,627,320 4,758,287 58,585,763
2000 2,096,916,925 1,372,732,596 235,654,894 1,137,077,702 [3] 639,651,814 25,618,377 4,103,243 54,810,895
2001 2,128,831,182 1,364,941,523 186,731,643 1,178,209,880 [3] 682,222,895 25,289,663 3,958,253 52,418,848
2002 2,016,627,269 1,249,171,681 211,437,773 1,037,733,908 [3] 688,077,238 25,532,186 1,709,329 52,136,835
2003 1,952,929,045 1,181,355,176 194,146,298 987,208,878 [3] 695,975,801 20,887,883 1,939,025 52,771,160
2004 2,018,502,103 1,220,868,119 230,619,359 990,248,760 [3] 717,247,296 24,130,143 1,449,319 54,807,225
2005 2,268,895,122 1,414,595,831 307,094,837 1,107,500,994 [3] 771,441,662 23,565,164 2,040,367 57,252,098
2006 2,518,680,230 1,617,183,944 380,924,573 1,236,259,371 [3] 814,819,218 26,717,493 1,970,032 57,989,543
2007 2,691,537,557 1,761,777,263 395,535,825 1,366,241,437 [3] 849,732,729 24,557,815 2,420,138 53,049,612
2008 2,745,035,410 1,780,306,008 354,315,825 1,400,405,178 25,585,005 883,197,626 26,543,433 3,280,502 51,707,840
2009 2,345,337,177 1,415,864,347 225,481,588 1,175,421,788 14,960,969 858,163,864 21,583,131 3,094,191 46,631,646
2010 2,345,055,978 1,453,926,748 277,937,220 1,163,687,589 12,301,939 824,188,337 16,930,741 2,820,095 47,190,057
2011 2,414,952,112 1,589,030,349 242,848,122 1,331,160,469 15,021,758 767,504,822 [7] 2,506,991 6,572,384 49,337,563
2012 2,524,320,134 1,669,298,095 281,461,580 1,371,402,290 16,434,225 784,396,853 12,340,655 2,109,594 56,174,937
2013 2,855,059,420 1,876,348,448 311,993,954 1,539,658,421 24,696,073 897,847,151 14,051,771 5,778,377 61,033,674
2014 3,064,301,358 1,996,765,080 353,141,112 1,614,213,171 29,410,796 976,223,247 17,572,338 2,582,617 71,158,076
2015 3,302,677,258 2,183,074,421 389,888,722 1,759,740,317 33,445,382 1,022,358,916 17,952,938 2,089,101 77,201,882
2016 3,333,449,083 2,161,371,562 345,552,427 1,786,123,738 29,695,397 1,073,907,715 19,879,671 2,457,466 75,832,669
2017 3,416,714,139 2,205,956,951 338,529,154 1,838,403,489 29,024,308 1,123,473,137 21,831,660 1,948,783 63,503,608
2018 3,465,466,627 2,234,683,225 262,742,024 1,933,485,246 38,455,955 1,133,199,527 22,664,503 1,201,166 73,718,206
2019 3,564,583,961 2,258,708,451 277,057,735 1,942,182,201 39,468,515 1,207,553,842 16,001,974 1,563,070 80,756,624
2020 3,493,067,956 2,134,733,934 263,563,107 1,837,443,578 33,727,249 1,268,076,594 17,115,476 1,082,111 72,059,841
2021 4,111,569,512 2,767,063,065 419,008,841 2,294,050,574 54,003,650 1,258,170,886 23,425,026 4,620,713 58,289,822
2022 4,901,514,194 3,379,669,998 475,871,099 2,818,638,806 85,160,093 1,417,809,803 28,909,393 4,445,883 70,679,117
2023 4,694,335,168 3,018,542,376 456,940,780 2,509,351,149 52,250,447 1,566,109,766 33,780,186 1,654,075 74,248,765
[1] Gross collections include penalties and interest in addition to taxes.
[2] Includes taxes on corporation income (Form 1120 series) and on unrelated business income from tax-exempt organizations (Form 990–T).

[3] Income tax reported for estates and trusts is included in individual income tax in Fiscal Years (FY) 1960–2007. Beginning with FY 2008, estate and trust income tax is reported separately.

[4] Includes taxes for Old-Age, Survivors, Disability, and Hospital Insurance (OASDHI); unemployment insurance under the Federal Unemployment Tax Act (FUTA); and railroad retirement under the Railroad
Retirement Tax Act (RRTA).

[5] Excludes excise taxes collected by U.S. Customs and Border Protection and the Alcohol and Tobacco Tax and Trade Bureau. The Internal Revenue Service collected taxes on alcohol and tobacco until FY
1988 and taxes on firearms until FY 1991.

[6] Represents fiscal-year transitional period, July 1976 through September 1976, resulting from redefinition of the term “fiscal year.” FY 1976 covered July 1975 through June 1976 (earlier years were
similarly defined). FY 1977 covered October 1976 through September 1977 (subsequent years are similarly defined).

[7] The estate tax was temporarily repealed for deaths in Calendar Year (CY) 2010 before being reinstated retroactively with a $5-million exemption as part of the Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010. As a result of this legislation, the estates of CY 2010 decedents could elect to file either Form 706 (estate and generation-skipping transfer tax return), due
September 19, 2011, or Form 8939 (allocation of increase in basis for property acquired from a decedent), due January 17, 2012. The law also provided a $5-million exemption for the estates of CY 2011
decedents. These tax law changes significantly reduced estate tax gross collections in FY 2011 relative to other fiscal years.

NOTES:

Detail may not add to totals because of rounding.

All money amounts are in current dollars.

Partnership, S corporation, regulated investment company, and real estate investment trust data are not shown in this table since these entities generally do not have a tax liability. Instead, they pass any
profits or losses to the underlying owners, who include these profits or losses on their income tax returns.

This table shows gross collections. Gross collections less refunds equal net collections. See Table 1 for data on refunds and net collections.

SOURCE: Chief Financial Officer, Financial Management, Corporate Accounting.