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TUSCALOOSA, AL 2008 IRS Tax Stats



TUSCALOOSA, AL Income Tax Overview

2010 Population for TUSCALOOSA, AL 0
Total Number of Tax Returns for TUSCALOOSA, AL [1] 69,485
Total Number of Joint Tax Returns for TUSCALOOSA, AL 23,509
Total Number of Dependents for TUSCALOOSA, AL 29,494
Total Adjusted Gross Income for TUSCALOOSA, AL $2,802,299,009

The following tables break down the Income Tax Statistics into different Gross Income levels.


Adjusted Gross Income: Under $10,000 [1]

Number of tax returns [1] 13,316
Number of joint returns 961
Number of returns with paid preparer's signature 6,760
Number of exemptions 14,692
Number of dependents 3,244
Adjust gross income (AGI) [2] $57,836,345
Salaries and wages $68,271,048
Taxable interest $4,943,575
Ordinary dividends $1,741,377
Business or professional net income (less loss) $1,124,068
Net capital gain (less loss) $2,294,783
Taxable individual retirement arrangements distributions $1,117,659
Taxable pensions and annuities $4,718,422
Unemployment compensation [3] $730,415
Taxable Social Security benefits $0
Self-employment retirement plans $0
Total itemized deductions [4] $12,431,903
State and local income taxes $720,995
State and local general sales tax $130,428
Real estate taxes $526,867
Taxes paid $2,154,462
Mortgage interest paid $4,283,847
Contributions $298,197
Taxable income $3,501,272
Total tax credits [5] $4,263
Residential energy tax credit $0
Child tax credit $0
Child and dependent care credit $0
Earned income credit [6] $7,471,127
Excess earned income credit (refundable) [7] $6,825,928
Alternative minimum tax $0
Income tax [8] $350,597
Total tax liability [9] $1,512,345
Tax due at time of filing [10] $300,536
Overpayments refunded [11]

Adjusted Gross Income: $10,000 under $25,000

Number of tax returns [1] 18,841
Number of joint returns 2,627
Number of returns with paid preparer's signature 11,410
Number of exemptions 35,365
Number of dependents 8,936
Adjust gross income (AGI) [2] $320,474,738
Salaries and wages $264,475,411
Taxable interest $6,098,543
Ordinary dividends $2,106,740
Business or professional net income (less loss) $8,705,197
Net capital gain (less loss) $437,149
Taxable individual retirement arrangements distributions $4,091,390
Taxable pensions and annuities $33,363,147
Unemployment compensation [3] $3,186,745
Taxable Social Security benefits $1,303,548
Self-employment retirement plans $0
Total itemized deductions [4] $27,129,432
State and local income taxes $1,244,101
State and local general sales tax $639,166
Real estate taxes $665,707
Taxes paid $2,860,030
Mortgage interest paid $8,363,826
Contributions $3,966,544
Taxable income $78,911,475
Total tax credits [5] $1,760,107
Residential energy tax credit $6,837
Child tax credit $859,092
Child and dependent care credit $155,209
Earned income credit [6] $26,974,849
Excess earned income credit (refundable) [7] $25,200,609
Alternative minimum tax $0
Income tax [8] $6,719,492
Total tax liability [9] $9,034,470
Tax due at time of filing [10] $939,292
Overpayments refunded [11]

Adjusted Gross Income: $25,000 under $50,000

Number of tax returns [1] 16,891
Number of joint returns 4,729
Number of returns with paid preparer's signature 9,920
Number of exemptions 34,066
Number of dependents 7,319
Adjust gross income (AGI) [2] $605,243,656
Salaries and wages $506,642,697
Taxable interest $9,769,026
Ordinary dividends $4,173,079
Business or professional net income (less loss) $5,741,524
Net capital gain (less loss) $1,069,653
Taxable individual retirement arrangements distributions $7,654,447
Taxable pensions and annuities $54,268,962
Unemployment compensation [3] $1,405,212
Taxable Social Security benefits $15,067,815
Self-employment retirement plans $0
Total itemized deductions [4] $75,930,250
State and local income taxes $6,497,412
State and local general sales tax $1,182,880
Real estate taxes $2,261,765
Taxes paid $11,358,320
Mortgage interest paid $28,270,241
Contributions $13,649,165
Taxable income $320,418,771
Total tax credits [5] $7,448,680
Residential energy tax credit $27,313
Child tax credit $4,835,352
Child and dependent care credit $763,826
Earned income credit [6] $4,721,754
Excess earned income credit (refundable) [7] $3,967,455
Alternative minimum tax $0
Income tax [8] $32,464,875
Total tax liability [9] $34,967,665
Tax due at time of filing [10] $2,824,732
Overpayments refunded [11]

Adjusted Gross Income: $50,000 under $75,000

Number of tax returns [1] 8,936
Number of joint returns 5,267
Number of returns with paid preparer's signature 5,403
Number of exemptions 21,036
Number of dependents 3,984
Adjust gross income (AGI) [2] $552,219,726
Salaries and wages $445,285,490
Taxable interest $9,230,468
Ordinary dividends $5,528,483
Business or professional net income (less loss) $5,112,678
Net capital gain (less loss) $2,682,676
Taxable individual retirement arrangements distributions $8,258,107
Taxable pensions and annuities $49,749,315
Unemployment compensation [3] $990,683
Taxable Social Security benefits $23,160,969
Self-employment retirement plans $0
Total itemized deductions [4] $80,526,740
State and local income taxes $10,203,461
State and local general sales tax $765,252
Real estate taxes $2,651,279
Taxes paid $14,504,034
Mortgage interest paid $32,579,135
Contributions $16,004,411
Taxable income $357,097,692
Total tax credits [5] $6,014,690
Residential energy tax credit $25,727
Child tax credit $4,519,153
Child and dependent care credit $475,254
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $0
Income tax [8] $44,400,088
Total tax liability [9] $46,520,495
Tax due at time of filing [10] $3,149,778
Overpayments refunded [11]

Adjusted Gross Income: $75,000 under $100,000

Number of tax returns [1] 5,678
Number of joint returns 4,721
Number of returns with paid preparer's signature 3,526
Number of exemptions 15,517
Number of dependents 2,915
Adjust gross income (AGI) [2] $491,034,908
Salaries and wages $391,615,140
Taxable interest $7,924,582
Ordinary dividends $4,730,122
Business or professional net income (less loss) $7,905,972
Net capital gain (less loss) $3,993,547
Taxable individual retirement arrangements distributions $7,634,171
Taxable pensions and annuities $40,614,254
Unemployment compensation [3] $618,045
Taxable Social Security benefits $18,977,864
Self-employment retirement plans $0
Total itemized deductions [4] $72,570,764
State and local income taxes $11,314,749
State and local general sales tax $597,986
Real estate taxes $2,569,918
Taxes paid $15,372,500
Mortgage interest paid $31,148,642
Contributions $15,477,990
Taxable income $343,093,260
Total tax credits [5] $5,205,288
Residential energy tax credit $14,745
Child tax credit $3,677,598
Child and dependent care credit $463,160
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $0
Income tax [8] $44,887,688
Total tax liability [9] $46,970,136
Tax due at time of filing [10] $3,355,034
Overpayments refunded [11]

Adjusted Gross Income: $100,000 under $200,000

Number of tax returns [1] 5,823
Number of joint returns 5,204
Number of returns with paid preparer's signature 3,734
Number of exemptions 16,620
Number of dependents 3,096
Adjust gross income (AGI) [2] $775,489,636
Salaries and wages $575,720,762
Taxable interest $15,223,150
Ordinary dividends $12,825,663
Business or professional net income (less loss) $17,781,243
Net capital gain (less loss) $11,859,088
Taxable individual retirement arrangements distributions $13,883,065
Taxable pensions and annuities $60,317,346
Unemployment compensation [3] $308,856
Taxable Social Security benefits $19,888,991
Self-employment retirement plans $1,268,129
Total itemized deductions [4] $118,941,620
State and local income taxes $23,700,937
State and local general sales tax $717,491
Real estate taxes $5,115,293
Taxes paid $30,998,224
Mortgage interest paid $46,707,057
Contributions $28,032,592
Taxable income $586,296,311
Total tax credits [5] $3,774,788
Residential energy tax credit $0
Child tax credit $2,120,713
Child and dependent care credit $403,475
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $185,495
Income tax [8] $101,976,249
Total tax liability [9] $106,003,137
Tax due at time of filing [10] $9,897,141
Overpayments refunded [11]

[1] Includes returns with adjusted gross deficit.

[2] Less deficit.

[3] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's. This fund only applies to statistics in the U.S. totals, and the state of Alaska.

[4] "Itemized deductions" include any amounts reported by the taxpayer, even if they could not be used in computing "taxable income," the base on which the regular income tax was computed. Thus, total itemized deductions include amounts that did not have to be reported by taxpayers with no "adjusted gross income." (Adjusted gross income is the total from which these deductions would normally be subtracted.) In addition, if standard and itemized deductions were both reported on a tax return, the form of deduction actually used in computing income tax was the one used for the statistics. Therefore, if the standard deduction was the form of deduction used, the total reported for itemized deductions was excluded from the statistics. However, the component deductions were not similarly excluded. As a result, the number of returns and related amounts for the component deductions are slightly overstated in relation to the grand total shown for itemized deductions. These components are also overstated in relation to the total because there was a statutory limitation on the total of itemized deductions that could be claimed by certain high-income taxpayers. This limitation did not affect the component deductions, the sum of which therefore exceeded the total used in computing income tax.

[5] "Total tax credits" excludes the "earned income credit" which is shown separately.

[6] "Earned income credit" includes both the refundable and non-refundable portions. The non-refundable portion could reduce income tax and certain related taxes to zero. The earned income credit amounts in excess of total tax liability, or amounts when there was no tax liability at all, were refundable. See footnote 7 below for explanation of the refundable portion of the earned income credit.

[7] The refundable portion of the "earned income credit" equals "total income tax" minus the "earned income credit". If the result is negative, this amount is considered the refundable portion.

[8] "Income tax" is in general, the same as "income tax after credits" which was redefined in Tax Year 2000 to include the "alternative minimum tax (AMT)". Zip Code table "Income tax" differs from "total income tax" (in other tables) in that the Zip Code table "Income tax" is after the subtraction of all tax credits except the earned income credit. See footnote 6 and 7 above, for an explanation of the treatment of the earned income credit. "Income tax" reflects the amount reported on the tax return and is, therefore, before any examination or enforcement activities by the Internal Revenue Service. It represents the tax filer reported income tax liability that was payable to the U.S. Department of the Treasury.

[9] For the Zip Code tables, "Total tax liability" differs from "Income tax," in that "Total tax liability" includes the taxes from recapture of certain prior-year credits, tax applicable to individual retirement arrangements (IRA's), Social Security taxes on self-employment income and on certain tip income, advanced earned income payments, household employment taxes, and certain "other taxes" listed in the Form 1040 instructions.

[10] Reflects payments to or withholdings made to "Total tax liability" (footnote 9). The amount the tax filer owes when the income tax return is filed.

[11] The amount of overpayments the tax filer requested to have refunded.


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