US Federal Receipts FY2023

US federal receipts for fiscal year 2023 was $4.44 trillion, down 9.3% from FY2022.

Receipts are total federal revenues in a fiscal year: individual income taxes, payroll taxes, corporate income taxes, customs duties, and other collections.

FY2023

$4.44 trillion

FY2022

$4.90 trillion

Year on year

-9.3%

Peak on record

$5.60 trillion

FY2026

Federal Receipts Over Time

FY2000–FY2026

Why Federal Receipts Matters

Individual income and payroll taxes together supply the large majority of federal revenue, so receipts track wages and employment closely and fall sharply in recessions.

Federal Receipts by Fiscal Year

FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007 FY2006 FY2005 FY2004 FY2003 FY2002 FY2001 FY2000

Other Metrics for FY2023

Federal Deficit Federal Outlays Debt Held by the Public Net Interest

See the full FY2023 budget page, the federal overview, or all 50 state budgets.