Last week we showed you the top five losers in the migration of adjusted gross income for 2022 (the latest year available).  Those five states lost a total of over $57 billion dollars.  And where did that money go?  Well, overwhelmingly to Florida which saw an influx of over $36 billion. The other four states (Texas, South Carolina, Tennessee, and North Carolina) combined received over $24 billion in increased income from taxpayers moving to those states. Large numbers of taxpayers have been moving to these states at least since 2012.  

To learn more about where your state ranks in net migration of AGI, taxpayers, and exemptions, go to Data-Z.org. 

The IRS Migration of Adjusted Gross Income data reflects the net amount of taxable income a state gains or loses due to interstate migration. The amounts given here are derived by calculating the difference between the adjusted gross income (AGI) associated with taxpayers entering the state and the AGI associated with taxpayers leaving the state. 

According to the IRS, "Migration data for the United States are based on year-to-year address changes reported on individual income tax returns filed with the IRS. They present migration patterns by State or by county for the entire United States and are available for inflows—the number of new residents who moved to a State or county and where they migrated from, and outflows—the number of residents leaving a State or county and where they went." SOI Tax Stats - Migration Data  The IRS data includes the total amount of adjusted gross income on those returns.