How much money does the US federal government collect?
Data updated October 25, 2024
In FY 2023,
$4.5T
was collected by the federal government
In FY 2023,
$13.3K
per person on average was collected by the federal government
Federal revenue decreased from $5.3 trillion in FY 2022 to $4.5 trillion in FY 2023.
Federal government revenue, adjusted for inflation (FY 2023 dollars)
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In FY 2023, about 49%, or $2.2 trillion, of total revenue came from individual income taxes.
Federal government revenue by category in FY 2023
The federal government has collected $4.92 trillion in FY 2024 so far.
Cumulative net revenue through September of each fiscal year, by revenue source