Table 5.—Sources of Revision to the AGI Gap for 1959–96

[Billions of dollars]

Line/1/ 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972
1Personal income–0.40.20.30.91.01.30.70.7–0.4–0.11.64.04.95.4
2Less: Portion of personal income not included in adjusted gross income2.93.43.64.24.65.55.66.26.47.210.212.113.415.6
3Nontaxable transfer payments–.9–1.0–1.1–1.2–1.3–1.4–1.4–1.8–2.0–2.0–2.3–2.6–2.9–3.2
4Other labor income except fees3.03.43.63.94.34.95.25.96.97.68.69.911.812.9
5Imputed income in personal income–.2–.1–.2.1–.20–.4–.5–1.4–1.6.4.3–.7–.5
6Investment income of life insurance carriers and pension plans.91.01.11.31.51.71.92.22.62.83.14.04.75.6
7Investment income received by nonprofit institutions or retained by fiduciaries.1.2.2.3.3.4.5.5.5.5.5.6.6.7
8Differences in accounting treatment between NIPA's and tax regulations, net.100–.1–.1–.1–.1–.1–.2–.2–.1–.1–.1.2
9Other personal income exempt or excluded from adjusted gross income00000000000000
10Plus: Portion of adjusted gross income not included in personal income.5.6.8.81.11.31.92.73.34.34.53.73.85.7
11Personal contributions for social insurance–2.0–2.1–2.3–2.4–2.5–2.8–3.0–3.3–3.8–4.1–4.9–5.3–5.9–6.4
12Gains, net of losses, from sale of property.5.5.6.6.5.61.01.41.82.52.61.1.41.1
13Taxable pensions1.82.12.32.52.93.33.74.35.05.66.47.69.010.6
14Small business corporation income00000000000000
15Other types of income.2.1.1.1.2.2.2.2.3.3.3.3.3.4
22Equals: BEA-derived adjusted gross income–2.8–2.6–2.6–2.5–2.5–2.8–3.0–2.8–3.5–3.0–4.1–4.4–4.7–4.4
23Adjusted gross income of IRS00000000000000
29Adjusted gross income (AGI) gap–2.8–2.6–2.6–2.5–2.5–2.8–3.0–2.8–3.5–3.0–4.1–4.4–4.7–4.4
31Relative AGI gap–.7–.7–.6–.6–.5–.6–.6–.5–.6–.4–.6–.6–.6–.5
Line/1/ 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986
1Personal income5.99.712.716.021.022.425.731.030.944.352.563.474.172.9
2Less: Portion of personal income not included in adjusted gross income18.021.727.933.640.545.252.061.571.484.9100.2118.7140.5151.4
3Nontaxable transfer payments–3.9–4.2–4.1–4.1–4.3–4.8–5.3–6.0–6.8–7.8–7.2–9.9–10.1–10.4
4Other labor income except fees14.317.522.426.431.634.439.546.953.359.163.275.281.584.9
5Imputed income in personal income.4.6.5.2.5.81.6.81.2.3.61.92.0–4.8
6Investment income of life insurance carriers and pension plans6.27.28.610.411.713.616.319.923.832.341.150.963.274.6
7Investment income received by nonprofit institutions or retained by fiduciaries.6.1.1000–.3–.1–.30–.2–.6–.5–.5
8Differences in accounting treatment between NIPA's and tax regulations, net.4.5.4.61.01.2.2–.1–.2.62.0–.12.55.2
9Other personal income exempt or excluded from adjusted gross income00000000.3.4.81.42.02.4
10Plus: Portion of adjusted gross income not included in personal income6.48.011.414.316.519.322.930.035.036.038.640.144.547.9
11Personal contributions for social insurance–6.9–7.4–7.8–8.6–9.2–10.0–10.8–11.4–12.4–13.2–13.6–14.3–15.4–16.5
12Gains, net of losses, from sale of property.7.2.3.5.6.81.32.73.500000
13Taxable pensions12.214.818.521.824.427.531.236.541.946.550.452.658.061.7
14Small business corporation income00000000000000
15Other types of income.4.4.5.6.7.91.22.22.02.61.81.92.02.7
22Equals: BEA-derived adjusted gross income–5.7–4.0–3.8–3.3–3.0–3.5–3.5–.5–5.5–4.7–9.1–15.2–21.8–30.6
23Adjusted gross income of IRS00000000000000
29Adjusted gross income (AGI) gap–5.7–4.0–3.8–3.3–3.0–3.5–3.5–.5–5.5–4.7–9.1–15.2–21.8–30.6
31Relative AGI gap–.5–.4–.3–.3–.2–.2–.20–.2–.2–.4–.5–.7–.9
Line/1/ 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996
1Personal income84.793.2103.4107.0119.7134.7128.9130.1128.9122.2
2Less: Portion of personal income not included in adjusted gross income170.0167.1174.5184.7195.3208.7210.5233.8252.4281.0
3Nontaxable transfer payments–9.9–9.3–9.1–10.8–10.4–11.7–10.4–10.9–11.3–14.0
4Other labor income except fees86.587.690.292.295.6101.0100.5105.498.2106.0
5Imputed income in personal income4.12.2–2.2–6.3–4.1–7.1–3.8.72.44.3
6Investment income of life insurance carriers and pension plans83.679.382.989.193.0101.0105.1114.5131.1136.7
7Investment income received by nonprofit institutions or retained by fiduciaries–.4–.6–.8–.7–.7–1.102.46.78.7
8Differences in accounting treatment between NIPA's and tax regulations, net3.45.19.916.517.122.321.420.021.734.1
9Other personal income exempt or excluded from adjusted gross income2.62.93.54.64.84.3–2.21.63.55.3
10Plus: Portion of adjusted gross income not included in personal income54.259.063.369.475.980.687.0100.9101.4104.8
11Personal contributions for social insurance–16.8–17.3–19.2–20.2–20.8–21.9–22.5–23.4–24.8–25.9
12Gains, net of losses, from sale of property0000000000
13Taxable pensions67.674.179.585.792.598.5106.0121.4123.2127.1
14Small business corporation income0000000000
15Other types of income3.42.23.03.94.14.03.52.92.93.7
22Equals: BEA-derived adjusted gross income–31.1–14.9–7.9–8.3.36.65.4–2.8–22.2–54.0
23Adjusted gross income of IRS0000000000
29Adjusted gross income (AGI) gap–31.1–14.9–7.9–8.3.36.65.4–2.8–22.2–54.0
31Relative AGI gap–.9–.4–.2–.20.1.1–.1–.4–.9

1. Line numbers in this table correspond to those in tables 1–2.

AGI Adjusted gross income

BEA Bureau of Economic Analysis

IRS Internal Revenue Service

NIPA's National income and product accounts