How much money does the US federal government collect?
Updated monthly
About $5.26 trillion in fiscal year (FY) 2025. This is about $15,400 per person in the US, however individual contributions vary based on income, spending, and other factors. Government revenue is the total amount of money received from individual and corporate taxes, and other sources that are used to pay for government spending.
In FY 2025,
$5.26T
was collected by the federal government
In FY 2025,
$15.4K
per person on average was collected by the federal government
Federal revenue increased from $5.08 trillion in FY 2024 to $5.26 trillion in FY 2025, up 3.6%. However, it was 19.9% higher in FY 2025 than in FY 2019, prior to the COVID-19 pandemic. Revenue increased 2.5x from 1980 to 2025, while the nation’s population increased about 1.5x. Since revenue rose more than the population, this means the government is collecting more revenue per person, on average.
Federal revenue increased from $5.08 trillion in FY 2024 to $5.26 trillion in FY 2025.
Federal government revenue, adjusted for inflation (FY 2025 dollars)
The increase in revenue from 2024 was due to higher revenue from individual income taxes.
The federal government has many different revenue streams. About 50.5% of revenue in FY 2025 was collected through individual income taxes, while 33.6% was through payroll taxes. Other revenue sources include customs duties, sales taxes, estate and gift taxes, and non-tax revenue.
In FY 2025, about 50.5%, or $2.66 trillion, of total revenue came from individual income taxes.
Federal government revenue by category in FY 2025
The federal government shares preliminary revenue data monthly. These figures help show how much the federal government is collecting in revenue for the current fiscal year. Among the top revenue categories, individual income taxes and payroll taxes, the government collected $2.66 trillion and $1.77 trillion, respectively, in FY 2024. (The government releases finalized revenue calculations annually.)
The federal government has collected $1.22 trillion in FY 2026 so far.
Cumulative net revenue through December of each fiscal year, by revenue source
Compared to the same months in the prior fiscal year, customs duties increased by 332%, the largest increase of any category. Alternatively, excise taxes decreased 17%, the largest decrease of any other category.
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
