Millennials Filed One-Third of 2016 Tax Returns

New data released by the Internal Revenue Service (IRS) lets us see how Americans earned their taxable income in 2016. Using this data, we can see which sources of reported income were the largest as well as other tax-related characteristics by age group. Millennials (defined here as age 18 under age 35 in 2016) filed 50.5 million tax returns in 2016, accounting for one-third of all returns filed that year. Stay Informed on Tax Policy in Your State Select StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming On those 50 million tax returns, millennials reported $1.75…

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