Our Tax Returns Reveal Our Secrets (Infographic)

Snapshots of American Life revealed by Federal Tax Returns

Our Tax Returns Reveal Our Secrets (Infographic)
March 22, 2018

In looking into our country's secrets, we've used the old investigative adage, "Follow the money." We reviewed the trends revealed by American taxpayers' returns from 1995 to 2016. For example, is it because of taxes that alimony payments get reported much more than alimony receipts do? Check out the most interesting findings in our infographic above and see how they compare to 2016's infographic. Next year's returns may look remarkably different, thanks to the largest tax overhaul in decades, 2017's Tax Cuts and Jobs Act.

Failing to pay your taxes or a penalty you owe could negatively impact your credit score. You can check your credit score and read your credit report for free within minutes by joining MoneyTips.

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