Message Font: Serif | Sans-Serif
 
No. of Recommendations: 5
From the Tax Prof blog, found here: http://taxprof.typepad.com/taxprof_blog/2012/04/joint-tax-co...


The Joint Committee on Taxation has released Disclosure Report for Public Inspection Pursuant to Internal Revenue Code Section 6103(p)(3)(C) for Calendar Year 2011 (JCX-38-12):

...

The report reveals that the IRS made 9 billion (up from 7.1 billion in 2010) disclosures of tax return information to federal and state agencies. Here are the Top 5 recipients of taxpayer information:

1. States: 6.9 billion disclosures (up from 4.2 billion in 2010)
2. Bureau of Census: 1.3 billion disclosures
3. Congressional Committees: 700 million disclosures
4. Medicare Premium Subsidy Adjustment: 41.0 million disclosures
5. Child Support Enforcement Agencies: 11.3 million disclosures


Assuming there are about 150 million returns filed each year, that's an average of 60 disclosures per return.

Here's a link to the report itself from the Joint Committee on Taxation. It's only 7 pages. https://www.jct.gov/publications.html?func=startdown&id=...

--Peter
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement