Institutional Federal Compliance Report 2021

226 • STATE OF NEW YORK _____________________________________________________________________________________________

Personal Income Tax Filers and Liability by Income Level FOR TEN YEARS STATED (Amounts in thousands) 2007 Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2007 Number Percentage Percentage Income Class of Filers of Total Tax Liability of Total Under $5,000 1,221,819 14% $ (126,447) 0% $ 5,000–9,999 847,130 10% (188,932) –1% 10,000–19,999 1,317,075 15% (406,225) –1% 20,000–29,999 1,024,299 12% 168,782 1% 30,000–39,999 848,679 10% 720,900 2% 40,000–49,999 657,263 7% 948,389 3% 50,000–59,999 498,842 6% 983,954 3% 60,000–74,999 561,981 6% 1,482,444 5% 75,000–99,999 622,813 7% 2,288,409 8% 100,000–199,999 768,436 9% 5,276,023 18% 200,000 and over 332,655 4% 18,490,962 62% Total 8,700,992 100% $29,638,258 100% 2008 Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2008 Number Percentage Percentage Income Class of Filers of Total Tax Liability of Total Under $5,000 1,292,795 15% $ (84,305) 0% $ 5,000–9,999 787,894 9% (147,595) –1% 10,000–19,999 1,256,101 15% (386,794) –1% 20,000–29,999 985,422 11% 148,501 0% 30,000–39,999 815,979 10% 681,716 3% 40,000–49,999 646,905 8% 942,276 3% 50,000–59,999 496,499 6% 992,709 4% 60,000–74,999 556,628 6% 1,486,364 6% 75,000–99,999 625,853 7% 2,323,346 9% 100,000–199,999 801,428 9% 5,518,224 21% 200,000 and over 321,736 4% 14,850,163 56% Total 8,587,240 100% $26,324,603 100% 2011 Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2011 Number Percentage Percentage Income Class of Filers of Total Tax Liability of Total Under $5,000 1,345,851 15% $ (96,258) 0% $ 5,000–9,999 802,102 9% (158,570) –1% 10,000–19,999 1,338,661 15% (436,834) –1% 20,000–29,999 1,011,281 12% 121,871 0% 30,000–39,999 794,670 9% 645,921 2% 40,000–49,999 622,486 7% 921,825 3% 50,000–59,999 491,651 6% 1,010,534 3% 60,000–74,999 555,236 6% 1,523,190 5% 75,000–99,999 632,868 7% 2,411,623 8% 100,000–199,999 850,894 10% 5,987,198 20% 200,000 and over 348,137 4% 18,249,488 61% Total 8,793,837 100% $30,179,988 100% 2012 Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2012 Number Percentage Percentage Income Class of Filers of Total Tax Liability of Total Under $5,000 1,344,401 15% $ (91,324) 0% $ 5,000–9,999 792,924 9% (147,366) –1% 10,000–19,999 1,337,211 15% (435,080) –1% 20,000–29,999 1,008,344 12% 112,513 0% 30,000–39,999 798,168 9% 632,184 2% 40,000–49,999 625,203 7% 908,436 3% 50,000–59,999 492,726 6% 991,635 3% 60,000–74,999 555,574 6% 1,484,828 5% 75,000–99,999 638,679 7% 2,357,144 7% 100,000–199,999 883,044 10% 5,961,917 19% 200,000 and over 373,910 4% 20,149,104 63% Total 8,850,184 100% $31,923,991 100%

2015 Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2015 Number Percentage

2016 (1) Income Tax Components of Full-Year Residents by Size of Income (All Returns) in 2016 Number Percentage

Percentage of Total

Percentage of Total

Income Class

of Filers

of Total

Tax Liability

Income Class

of Filers

of Total

Tax Liability

Under $5,000 1,359,389 $ 5,000–9,999 757,552 10,000–19,999 1,333,469 20,000–29,999 1,035,841 30,000–39,999 820,964 40,000–49,999 648,229 50,000–59,999 524,853 60,000–74,999 586,557 75,000–99,999 673,383 100,000–199,999 1,007,795 200,000 and over 463,439

15% $ (88,620)

0% –1% –1% 0% 2% 2% 3% 4% 7% 19% 65%

Under $5,000 1,332,466 $ 5,000–9,999 733,019 10,000–19,999 1,309,688 20,000–29,999 1,044,176 30,000–39,999 833,670 40,000–49,999 662,228 50,000–59,999 537,045 60,000–74,999 597,331 75,000–99,999 683,086 100,000–199,999 1,020,943 200,000 and over 477,683

15% $ (124,820)

0% –1% –1% 0% 2% 3% 3% 4% 7% 20% 63%

8% 15% 11% 9% 7%

(129,956) (443,568) 71,700 631,119 894,939

8% 14% 11% 9% 7%

(138,286) (459,563) 50,126 616,814 896,345

6% 1,030,208 6% 1,542,472 7% 2,467,377 11% 6,819,830 5% 23,295,927 100% $36,091,428

6% 1,045,339 7% 1,559,165 7% 2,495,026 11% 6,909,909 5% 21,672,922 100% $34,522,977

Total

9,211,471

100%

Total

9,231,335

100%

Source: New York State Department of Taxation and Finance Note: (1) Calendar years after 2016 are not yet available; refer to www.tax.ny.gov for additional information.