Here's how much you need to earn to be a 1 percenter.
How do you stack up against the wealthiest Americans?
If that income cutoff isn't dispiriting enough, to be part of the top 0.1 percent, which represented 141,205 returns in 2015, your adjusted gross income needed to be at least $2.2 million. The top 0.001 percent had adjusted gross income of at least $59.4 million that tax year. Just 1,412 returns came from those taxpayers.
But adjusted gross income is limited in its ability to determine economy-wide trends, Greenberg cautioned. That is because other sources of income, such as interest from tax-exempt municipal bonds, are not included, he said.
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