Income Ranges of Taxpayers Who May Have Overpaid Federal Taxes by Not Itemizing

GAO-02-638R: Published: Apr 11, 2002. Publicly Released: Apr 11, 2002.

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This report provides information on the income ranges of taxpayers who may have overpaid federal taxes by not itemizing. GAO found that of the returns filed for tax year 1998, 53 percent of taxpayers who may have overpaid federal taxes by not itemizing, had adjusted gross incomes of $50,000 or less. Eleven percent showed adjusted gross incomes of more than $75,000. The median adjusted gross income for these returns was about $47,000. The median adjusted gross income for all returns filed in tax year 1998 was about $27,000.

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