Federal Reserve Economic Data

Poverty Tax Exemptions Under Age 65 for Michigan (PLT65EXMMI26A647NCEN)

Observation:

2022: 1,206,000 (+ more)   Updated: Dec 20, 2024 2:19 AM CST
2022:  1,206,000  
2021:  1,125,000  
2020:  1,357,968  
2019:  1,433,130  
2018:  1,203,454  
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Units:

Number of Exemptions,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Census Bureau  

Release: Small Area Income and Poverty Estimates  

Units:  Number of Exemptions, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Tax exemptions are one of the data sources used in producing SAIPE program estimates. This series is the algebraic operation of poor exemptions(PEXMMI26A647NCEN), minus poor age exemptions (PAGEXMMI26A647NCEN) for Michigan.

See more details about SAIPE Model Input Data.

Suggested Citation:

U.S. Census Bureau, Poverty Tax Exemptions Under Age 65 for Michigan [PLT65EXMMI26A647NCEN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PLT65EXMMI26A647NCEN, .

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