8-Apr-16
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T16-0070
Number of Tax Units Who Itemize Under Current Law and Without Selected Itemized Deductions, 2016
1
Tax Units with Itemized Deductions
Expanded Cash Income
Percentile 2,3
Tax Units
(thousands)
Number
(thousands)
Lowest Quintile
Second Quintile
Third Quintile
Fourth Quintile
Top Quintile
All
Without the State and Local
Tax Deduction 4
Current Law
Percent
Within Class
Number
(thousands)
Percent
Within Class
Without the Mortgage
Interest Deduction
Number
(thousands)
Percent
Within Class
Without the Charitable
Deduction
Number
(thousands)
Percent
Within Class
47,692
37,451
33,994
28,393
23,735
172,532
384
2,729
8,007
13,528
19,499
44,147
0.8
7.3
23.6
47.6
82.2
25.6
247
1,862
4,966
7,614
11,483
26,172
0.5
5.0
14.6
26.8
48.4
15.2
208
1,567
4,659
8,258
14,699
29,391
0.4
4.2
13.7
29.1
61.9
17.0
336
2,294
6,759
11,170
17,597
38,156
0.7
6.1
19.9
39.3
74.1
22.1
12,235
5,933
4,439
1,128
115
9,163
5,132
4,160
1,044
108
74.9
86.5
93.7
92.6
93.8
4,802
3,028
2,985
668
81
39.2
51.0
67.3
59.3
69.8
5,876
4,068
3,756
999
107
48.0
68.6
84.6
88.6
92.5
7,988
4,706
3,926
976
103
65.3
79.3
88.5
86.6
89.0
Addendum
80-90
90-95
95-99
Top 1 Percent
Top 0.1 Percent
Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0515-4).
(1) Calendar year.
(2) Includes both filing and non-filing units but excludes those that are dependents of other tax units. Tax units with negative adjusted gross income are excluded from their
respective income class but are included in the totals. For a description of expanded cash income, see
http://www.taxpolicycenter.org/resources/income-measure-used-distributional-analyses-tax-policy-center
(3) The income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The
breaks are (in 2015 dollars): 20% $23,099; 40% $45,153; 60% $80,760; 80% $142,601; 90% $209,113; 95% $295,756; 99% $732,323; 99.9% $3,769,396.
(4) The state and local tax deduction includes state and local income, sales, and real estate taxes.