|
Table 2.7: Federal Income Tax
Information
for Four-Person Families
|
|
Joint Filers with
2 Dependents |
Head of Household
with 3 Dependents |
|
Adjusted Gross
Income |
|
Mean |
$85,122 |
$23,794 |
|
Median |
59,320 |
18,690 |
|
Value of Standard
Deduction or Itemization |
|
Mean |
15,4170 |
7,475 |
|
Median |
10,550 |
6,350 |
|
Value of Exemptions |
|
Mean |
10,756 |
11,097 |
|
Median |
11,000 |
11,000 |
|
Taxable Income |
|
Mean |
60,243 |
8,775 |
|
Median |
36,190 |
930 |
|
Taxes Paid |
|
Mean |
13,899 |
1,615 |
|
Median |
5,411 |
141 |
|
Number of Filers |
11,077,008 |
1,104,567 |
|
|
Source:
1999 IRS Public Use File
|
