T05Annual (tax year) · % of statewide resident totals
Returns with AGI of $1 million+: their share of returns, wages, capital gains and tax
Returns with AGI of $1 million or more. This is not a marginal bracket and not an industry.
Not fucked
Better than its 2017–19 range · improvingJudged on “Share of all PIT liability”. Fragility: more tax from $1M+ returns means bigger revenue swings. Latest 35.7 vs 2017–19 range 39.2–40.2.
How verdicts work →Share of all PIT liability
35.7% · 2022Share of all net capital gains
70% · 2022Share of all returns
0.74% · 2022Dashed / hollow = preliminary or estimate
Download CSVSource & method ↓
What this is
$1M+ is a fixed NOMINAL threshold (not inflation-adjusted), so more returns cross it over time from inflation alone.
- Unit
- % of statewide resident totals
- Frequency
- Annual (tax year)
- Geography
- California resident returns, AGI $1M+
- Coverage
- From 1 Jul 2016 · latest observation 1 Jul 2022
- Release
- Annual (latest final tax year 2022)
- Typical lag
- ~3 years
- Source
- FTB Table B-4A (CA Open Data), resident returns · data.ca.gov ↗
- Vintage
- B-4A edition 2023
- Pipeline
- automated (FTB open-data CSV; edition URL changes yearly)
Every observation in this file
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