obÌåÓý

The Statistics of Income (SOI) working papers present new and exciting research on the U.S. Federal tax system and the methods used to produce tax statistics. Papers are presented at professional conferences, such as the Joint Statistical Meeting of the American Statistical Association and the National Tax Association's annual conference on taxation, and are often published in professional journals. Below you will find a selection of papers organized by presentation year.

VI-2023-01, Nov. 24, 2023 ¡ª The Internal Revenue Service announced today tax relief of individuals and businesses affected by elevated levels of lead and copper in the water supply in the Island of St. Croix. These taxpayers now have until Feb. 29, 2024, to file various individual and business tax returns and make tax payments.

If you are a U.S. person who received foreign gifts of money or other property, you may need to report these gifts on Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts. Form 3520 is an information return, not a tax return, because foreign gifts are not subject to income tax. obÌåÓýever, there are significant penalties for failure to file Form 3520 when it is required.

VA-2024-01, Oct. 1, 2024 ¡ª The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Virginia that were affected by Post-tropical Cyclone Helene that began on Sept. 25, 2024. These taxpayers now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments.

NC-2024-08, Oct. 1, 2024 ¡ª The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of North Carolina that were affected by Hurricane Helene that began on Sept. 25, 2024. These taxpayers now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments.

SC-2024-08, Oct. 1, 2024 ¡ª The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of South Carolina that were affected by Hurricane Helene that began on Sept. 25, 2024. These taxpayers now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments.

PR-2024-05, Aug. 23, 2024 ¡ª The IRS announced today tax relief for individuals and businesses in Puerto Rico that were affected by severe storms and flooding that began on Aug. 13, 2024. These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.

SOI Bulletin - Spring 2001

The Work SOI Does

2005 Data Book Table 12 Revised page