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U.S. Households Paying No Income Tax Hit 61% of Total Last Year

Aug. 18, 2021, 3:57 PM

Nearly 61% of U.S households paid no federal income taxes during pandemic-stricken year of 2020, because of declines in income and boosts to government subsidies that wiped away tax liabilities, according to data from the Urban-Brookings Tax Policy Center.

The number of households owing nothing came in at 106.8 million, up from 75.9 million in 2019, the study, released Wednesday, showed. The 60.6% proportion for last year compares with 43.3% over the five years before the pandemic struck.

The number of familes owing no federal income taxes is projected to remain high for 2021, at approximately 101.7 million ...