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Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico. The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes.
The monitoring of federal spending and taxation and its variation between states in the United States began in 1977 under a query run by Daniel Patrick Moynihan, Democratic senator of New York. The query was designed to determine whether the state of New York was paying more in taxes than it was receiving in federal spending.
For tax-filing season 2024, the IRS announced a pilot of Direct File, where people can calculate and submit their federal taxes and some state taxes in partnership with select state tax agencies for free.
In 2022, the federal government spent $6.27 trillion1. Most of the government's revenue comes from taxes collected from individuals and businesses across the U.S. Though taxes are mostly collected ...
The average tax refund for the 2022 tax year is $1,963 as of early February, according to the IRS. This dipped slightly from the 2021 filing season, when the average federal tax refund for ...
The federal government and most state governments impose income taxes, but the federal government's tax system tends to be more complicated. These frequently asked questions can help you sort out ...