Who Earns Pass-Through Business Income? An Analysis of Individual Tax Return Data Metadata
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- Main Title Who Earns Pass-Through Business Income? An Analysis of Individual Tax Return Data
Author: Keightley, Mark P.Creator Type: PersonalCreator Info: Specialist in Economics
Name: Library of Congress. Congressional Research Service.Place of Publication: Washington D.C.
- Creation: 2017-10-24
- Content Description: This report analyzes individual tax return data to determine who earns pass-through business income which is from sole proprietorships, partnerships, and S corporations. The analysis finds that in 2011 over 82% of net pass-through income was earned by individuals with an adjusted gross income (AGI) over $100,000, although these taxpayers accounted for just 23% of individual returns with pass-through income. Who earns pass-through income may have important implications for tax reform.
- Physical Description: 13 p.
- Legislative Indexing Vocabulary: Taxation
- Legislative Indexing Vocabulary: Business income tax
- Legislative Indexing Vocabulary: Tax reform
- Place Name: United States
Name: Congressional Research Service ReportsCode: CRSR
Name: UNT Libraries Government Documents DepartmentCode: UNTGD
- CRS Report Number: R42359
- Accession or Local Control No: R42359_2017Oct24
- Archival Resource Key: ark:/67531/metadc1042204