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Where Does Your Income Fit?

The IRS processed more than 164 million individual income tax returns for tax year 2020 (most recent full-year data). Almost three out of five returns showed an adjusted gross income (AGI) under $50,000, while a little over 1% showed an AGI of $500,000 or more.

Source: Internal Revenue Service, 2022

Prepared by Broadridge Advisor Solutions Copyright 2023.

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