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Social Security Taxes, Social Security Benefits, and Social Security Benefits Taxation, 2003
| Content Provider | Semantic Scholar |
|---|---|
| Author | Sailer, Peter Pierce, Kevin G. Lomize, Evgenia |
| Copyright Year | 2006 |
| Abstract | For most of its 90-year existence, the Statistics of Income (SOI) Division of the Internal Revenue Service and its predecessor organizations have used data provided by taxpayers on Forms 1040 to fulfill the legal mandate to produce statistics on the operation of the individual income tax system. It was not until Tax Year 1989 that SOI started using the Information Returns Master File (IRMF), which contains electronic documents filed by the payers of income to individuals, to add further details to the tax return information. To date, the SOI Bulletin has featured articles on the distribution of salaries and wages from Forms W-2 1 and the accumulation of assets in Individual Retirement Accounts from Forms 5498 2 , based on this rich source of administrative data. In this paper, the authors make a modest proposal for another set of statistics that could be produced from the IRMF which would shed light not only on the operation of the individual income tax and the Social Security tax systems, but also on the interaction of the two systems. The paper illustrates some of the analysis that could be produced with this file. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.irs.gov/pub/irs-soi/06asapierce.pdf |
| Alternate Webpage(s) | https://www.irs.gov/pub/irs-soi/06rpppsail.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
