In 2023, 161,781,457 taxpayers filed Forms 1040 and 1040-SR, with the number of taxpayers filing these forms projected by the Internal Revenue Service to increase by about 10,000,000 over the next eight years.
Meanwhile, Forms 1040-PR and 1040-SS, as well as Form 1040-ES, are projected to see large decreases over the next eight years.
Read more about Form 1040 projections until 2031.