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Tax

Who's going to file what?

ByEditorial Staff
October 31, 2024 5:30 AM

In 2023, 161,781,457 taxpayers filed individual income tax returns and 8,269,075 taxpayers filed corporate income tax returns — but the Internal Revenue Service projects that the amount of taxpayers filing these forms will increase by about 10,000,000 and 500,000, respectively, over the next eight years. 

Only 1,115,847 taxpayers filed employee plans, Forms 5500, 5500EZ, and 5500SF in 2023. That number is projected to decrease by about 150,000 over the next eight years.

Learn more about the IRS projections of the number of returns filed by return type by 2031 below.

Type

2023 (actual)

 2024 2025

2026
Individual income tax

161,781,457

161,125,100

162,570,600

164,001,200
Corporation income tax

8,269,075

8,398,800

8,450,900

8,501,600
Partnership returns

5,117,987

5,149,000

5,366,500

5,483,000
Employment tax

36,192,816

33,560,800

33,863,100

34,077,500
Excise

1,208,373

1,134,600

1,147,300

1,160,500
Exempt organization

1,738,481

1,803,900

1,835,300

1,850,500
Employee plans, Forms 5500, 5500EZ, & 5500SF

1,115,847

957,400

958,400

963,900
Accounting Today_Projections of number of returns filed by return type_.jpg
In 2023, 161,781,457 taxpayers filed individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_2.jpg
In 2024, 161,125,100 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_3.jpg
In 2025, 162,570,600 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_4.jpg
In 2026, 164,001,200 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_5.jpg
In 2027, 165,433,700 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_6.jpg
In 2028, 166,878,300 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_7.jpg
In 2029, 168,319,500 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_8.jpg
In 2030, 169,751,700 taxpayers are projected to file individual income tax returns.
Accounting Today_Projections of number of returns filed by return type_9.jpg
In 2031, 171,213,800 taxpayers are projected to file individual income tax returns.
Editorial Staff
Tax Income taxes Tax forms IRS
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