Ullmann & Company, PC

Individual Returns with AGI of $200,000 or More and No U.S. Tax Liability

The following chart shows the number of returns, by tax year, with adjusted gross income of $200,000 or more with no U.S. tax liability reported.  These returns represent 0.4% of all individual income tax returns filed with this adjusted gross income (AGI) range for 2008-2012, dropping to 0.2% or less in 2013-2014.

Source:  IRS Tax Statistics, Individual High-Income Tax Returns, Table 3.

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Ullmann & Company, P.C.
4647 N. 32nd Street
Suite 220
Phoenix, AZ 85018
(602) 224-0166
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