Tax Trivia: Millionaires and Taxes

March 9, 2009 · 7 comments

We have a winner! See comments!

Our next tax trivia question is:

For the 2006 tax year, which state’s population filed the fewest number of individual tax returns reporting adjusted gross income of more than $1 million?

Don’t forget: the first correct answer wins free CCH tax prep software.

What’s your guess?

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{ 7 comments… read them below or add one }

1 David Stejkowski March 9, 2009 at 2:43 pm

Wild guess: Mississippi?

2 Kelly March 9, 2009 at 3:03 pm

Great guess but no…

3 Stam March 9, 2009 at 3:23 pm

Arkansas?

4 UH2L March 9, 2009 at 3:26 pm

West Virginia?

5 David Stejkowski March 9, 2009 at 3:32 pm

Wow. The only others that come to mind are Alaska and North Dakota. Both have relatively high median incomes (especially AK) but probably not a lot of $1 million AGIs.

6 Beth K March 9, 2009 at 3:38 pm

Vermont?

7 Kelly March 9, 2009 at 3:58 pm

David, You’re the winner! It’s North Dakota with only 333 such returns submitted. California, on the other hand, had 52,590.

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