A074RC1A027NBEAIndividual Income Tax Receipts (A074RC1A027NBEA) — Current Value & Historical Data
Individual Income Tax Receipts (A074RC1A027NBEA) Chart & Data Table
Gray bands: NBER recessions·Dashed lines: key policy events
What is Individual Income Tax Receipts (A074RC1A027NBEA)?
BEA Account Code: A074RC For more information about this series, please see. This series is measured in Billions of Dollars and updated annual.
Current Individual Income Tax Receipts (A074RC1A027NBEA) Value
As of January 1, 2025, the current federal government current tax receipts: personal current taxes is 2598.48 Billions of Dollars. This is the most recent observation available for this series, updated annual.
Individual Income Tax Receipts Historical Trend
Federal government current tax receipts: Personal current taxes rose 8.12% year-over-year. In the series' tracked history, the highest recorded value was 2605.34 (January 2022), and the lowest was 0.28 (January 1932).
Methodology & Source
Source
Bureau of Economic Analysis
Frequency
Annual
Units
Billions of Dollars
Notes
BEA Account Code: A074RC For more information about this series, please see http://www.bea.gov/national/....
Frequently Asked Questions About Individual Income Tax Receipts (A074RC1A027NBEA)
What is the current federal government current tax receipts: personal current taxes?
As of January 1, 2025, federal government current tax receipts: personal current taxes stands at 2598.48 Billions of Dollars.
Where does federal government current tax receipts: personal current taxes data come from?
Federal government current tax receipts: Personal current taxes data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is federal government current tax receipts: personal current taxes updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for federal government current tax receipts: personal current taxes?
In the available data, the highest value was 2605.34 Billions of Dollars in January 2022, and the lowest was 0.28 Billions of Dollars in January 1932.
How has federal government current tax receipts: personal current taxes changed over the past year?
Over the past year, federal government current tax receipts: personal current taxes increased 8.12%.
See Individual Income Tax Receipts in context
A074RC1A027NBEA is tracked on the Revenue Composition dashboard, alongside related indicators and historical context.
View the Revenue Composition dashboard →Related government-spending dashboards
How Individual Income Tax Receipts connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.