Home » Massachusetts » PLYMOUTH County » WHITMAN, MA » ZIP Code 02382 » Tax Stats

02382 Income Tax Overview

Total Number of Tax Returns for ZIP Code 02382 [1]	7,186
Total Number of Joint Tax Returns for ZIP Code 02382	2,838
Total Number of Dependents for ZIP Code 02382	2,387
Total Adjusted Gross Income for ZIP Code 02382	389,041,234
Average Income per Person for ZIP Code 02382	$26,851

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

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

Number of returns [1]	1,183
Number of joint returns	68
Number of returns with paid preparer's signature	534
Number of exemptions	831
Number of dependents	99
Adjust gross income (AGI) [2]	$5,173,786
Salaries and wages	$6,785,976
Taxable interest	$324,608
Ordinary dividends	$101,755
Business or professional net income (less loss)	$33,071
Net capital gain (less loss)	$142,803
Taxable individual retirement arrangements distributions	$252,090
Taxable pensions and annuities	$544,945
Unemployment compensation [3]	$92,034
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,467,700
State and local income taxes	$87,357
State and local general sales tax	$5,788
Real estate taxes	$285,131
Taxes paid	$386,168
Mortgage interest paid	$453,490
Contributions	$23,717
Taxable income	$486,948
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$207,994
Excess earned income credit (refundable) [7]	$181,498
Alternative minimum tax	$0
Income tax [8]	$48,442
Total tax liability [9]	$168,950
Tax due at time of filing [10]	$44,504
Overpayments refunded [11]	($575,661)

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

Number of returns [1]	1,238
Number of joint returns	155
Number of returns with paid preparer's signature	627
Number of exemptions	1,613
Number of dependents	233
Adjust gross income (AGI) [2]	$21,189,451
Salaries and wages	$15,751,988
Taxable interest	$445,838
Ordinary dividends	$193,481
Business or professional net income (less loss)	$1,429,830
Net capital gain (less loss)	($53,739)
Taxable individual retirement arrangements distributions	$424,712
Taxable pensions and annuities	$2,592,108
Unemployment compensation [3]	$601,327
Taxable Social Security benefits	$97,389
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,160,722
State and local income taxes	$94,756
State and local general sales tax	$11,894
Real estate taxes	$419,662
Taxes paid	$549,531
Mortgage interest paid	$1,005,144
Contributions	$96,783
Taxable income	$7,652,088
Total tax credits [5]	$104,251
Residential energy tax credit	$0
Child tax credit	$41,168
Child and dependent care credit	$9,769
Earned income credit [6]	$655,013
Excess earned income credit (refundable) [7]	$575,037
Alternative minimum tax	$0
Income tax [8]	$737,263
Total tax liability [9]	$974,623
Tax due at time of filing [10]	$140,835
Overpayments refunded [11]	($1,773,255)

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

Number of returns [1]	1,635
Number of joint returns	344
Number of returns with paid preparer's signature	911
Number of exemptions	2,683
Number of dependents	423
Adjust gross income (AGI) [2]	$59,752,874
Salaries and wages	$50,113,632
Taxable interest	$611,529
Ordinary dividends	$275,969
Business or professional net income (less loss)	$1,632,524
Net capital gain (less loss)	($17,068)
Taxable individual retirement arrangements distributions	$924,529
Taxable pensions and annuities	$4,655,526
Unemployment compensation [3]	$1,351,731
Taxable Social Security benefits	$1,287,608
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,408,307
State and local income taxes	$796,319
State and local general sales tax	$16,734
Real estate taxes	$1,341,743
Taxes paid	$2,224,168
Mortgage interest paid	$3,609,858
Contributions	$386,902
Taxable income	$34,875,148
Total tax credits [5]	$478,890
Residential energy tax credit	$0
Child tax credit	$302,841
Child and dependent care credit	$28,984
Earned income credit [6]	$185,957
Excess earned income credit (refundable) [7]	$143,355
Alternative minimum tax	$0
Income tax [8]	$4,071,449
Total tax liability [9]	$4,403,264
Tax due at time of filing [10]	$242,911
Overpayments refunded [11]	($3,043,008)

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

Number of returns [1]	1,159
Number of joint returns	585
Number of returns with paid preparer's signature	700
Number of exemptions	2,585
Number of dependents	467
Adjust gross income (AGI) [2]	$71,628,622
Salaries and wages	$60,226,690
Taxable interest	$721,950
Ordinary dividends	$308,572
Business or professional net income (less loss)	$1,835,846
Net capital gain (less loss)	$14,701
Taxable individual retirement arrangements distributions	$1,270,947
Taxable pensions and annuities	$4,666,218
Unemployment compensation [3]	$925,772
Taxable Social Security benefits	$1,942,633
Self-employment retirement plans	$61,610
Total itemized deductions [4]	$13,111,454
State and local income taxes	$2,025,407
State and local general sales tax	$14,526
Real estate taxes	$2,161,820
Taxes paid	$4,340,826
Mortgage interest paid	$6,552,411
Contributions	$615,988
Taxable income	$45,473,608
Total tax credits [5]	$749,466
Residential energy tax credit	$0
Child tax credit	$571,077
Child and dependent care credit	$35,301
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,927,157
Total tax liability [9]	$6,294,440
Tax due at time of filing [10]	$361,129
Overpayments refunded [11]	($3,319,232)

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

Number of returns [1]	904
Number of joint returns	719
Number of returns with paid preparer's signature	589
Number of exemptions	2,611
Number of dependents	513
Adjust gross income (AGI) [2]	$78,356,630
Salaries and wages	$66,871,822
Taxable interest	$641,080
Ordinary dividends	$414,692
Business or professional net income (less loss)	$1,406,413
Net capital gain (less loss)	$203,929
Taxable individual retirement arrangements distributions	$1,447,061
Taxable pensions and annuities	$4,442,971
Unemployment compensation [3]	$833,155
Taxable Social Security benefits	$1,883,812
Self-employment retirement plans	$0
Total itemized deductions [4]	$15,793,341
State and local income taxes	$2,877,659
State and local general sales tax	$0
Real estate taxes	$2,521,715
Taxes paid	$5,583,211
Mortgage interest paid	$8,012,710
Contributions	$773,717
Taxable income	$51,242,964
Total tax credits [5]	$952,192
Residential energy tax credit	$0
Child tax credit	$725,149
Child and dependent care credit	$47,903
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,581,251
Total tax liability [9]	$6,906,278
Tax due at time of filing [10]	$327,682
Overpayments refunded [11]	($3,275,920)

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

Number of returns [1]	1,001
Number of joint returns	908
Number of returns with paid preparer's signature	681
Number of exemptions	3,125
Number of dependents	619
Adjust gross income (AGI) [2]	$128,866,727
Salaries and wages	$112,740,441
Taxable interest	$872,062
Ordinary dividends	$499,459
Business or professional net income (less loss)	$2,272,126
Net capital gain (less loss)	$671,675
Taxable individual retirement arrangements distributions	$2,075,426
Taxable pensions and annuities	$6,582,096
Unemployment compensation [3]	$759,767
Taxable Social Security benefits	$1,110,746
Self-employment retirement plans	$0
Total itemized deductions [4]	$23,929,299
State and local income taxes	$5,880,153
State and local general sales tax	$0
Real estate taxes	$3,598,621
Taxes paid	$9,783,676
Mortgage interest paid	$11,136,057
Contributions	$1,386,289
Taxable income	$93,166,588
Total tax credits [5]	$634,933
Residential energy tax credit	$0
Child tax credit	$512,300
Child and dependent care credit	$92,537
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$49,454
Income tax [8]	$15,683,587
Total tax liability [9]	$16,180,386
Tax due at time of filing [10]	$798,491
Overpayments refunded [11]	($3,469,928)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	66
Number of joint returns	59
Number of returns with paid preparer's signature	42
Number of exemptions	196
Number of dependents	33
Adjust gross income (AGI) [2]	$24,073,144
Salaries and wages	$16,743,779
Taxable interest	$306,427
Ordinary dividends	$106,181
Business or professional net income (less loss)	$239,302
Net capital gain (less loss)	$483,723
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$509,010
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,883,041
State and local income taxes	$1,328,464
State and local general sales tax	$0
Real estate taxes	$341,685
Taxes paid	$1,702,550
Mortgage interest paid	$841,766
Contributions	$215,942
Taxable income	$20,554,818
Total tax credits [5]	$6,567
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$154,103
Income tax [8]	$5,351,980
Total tax liability [9]	$5,394,417
Tax due at time of filing [10]	$464,827
Overpayments refunded [11]	($191,705)

[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.