Being in the top 1% of earners in D.C. requires $161,141 more than it did five years ago. That’s according to data from the Internal Revenue Service, which shows the cutoff for each adjusted gross income by percentile in each state. The data is based on the 2020 tax year and percentiles are based on total tax filers, so they don’t distinguish by marital or household status.
Here’s what it takes to be in the top 1% of earners in D.C., Maryland and Virginia
October 20, 2023