Home » Connecticut » FAIRFIELD County » ZIP Code 06811 » Tax Stats

06811 Income Tax Overview

Total Number of Tax Returns for ZIP Code 06811 [1]	14,312
Total Number of Joint Tax Returns for ZIP Code 06811	6,121
Total Number of Dependents for ZIP Code 06811	4,523
Total Adjusted Gross Income for ZIP Code 06811	1,058,664,199
Average Income per Person for ZIP Code 06811	$33,715

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]	2,076
Number of joint returns	155
Number of returns with paid preparer's signature	995
Number of exemptions	1,455
Number of dependents	159
Adjust gross income (AGI) [2]	$6,837,436
Salaries and wages	$7,667,644
Taxable interest	$721,139
Ordinary dividends	$490,061
Business or professional net income (less loss)	$1,047,553
Net capital gain (less loss)	($209,824)
Taxable individual retirement arrangements distributions	$348,244
Taxable pensions and annuities	$804,780
Unemployment compensation [3]	$153,948
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,583,850
State and local income taxes	$123,306
State and local general sales tax	$35,386
Real estate taxes	$633,128
Taxes paid	$822,654
Mortgage interest paid	$1,652,267
Contributions	$41,813
Taxable income	$780,201
Total tax credits [5]	$4,345
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$294,093
Excess earned income credit (refundable) [7]	$227,022
Alternative minimum tax	$0
Income tax [8]	$74,989
Total tax liability [9]	$356,062
Tax due at time of filing [10]	$154,052
Overpayments refunded [11]	($992,371)

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

Number of returns [1]	2,165
Number of joint returns	332
Number of returns with paid preparer's signature	1,151
Number of exemptions	2,926
Number of dependents	434
Adjust gross income (AGI) [2]	$37,090,028
Salaries and wages	$25,457,931
Taxable interest	$1,522,374
Ordinary dividends	$788,339
Business or professional net income (less loss)	$3,341,870
Net capital gain (less loss)	($8,970)
Taxable individual retirement arrangements distributions	$1,438,006
Taxable pensions and annuities	$3,750,092
Unemployment compensation [3]	$971,475
Taxable Social Security benefits	$286,097
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,686,632
State and local income taxes	$175,082
State and local general sales tax	$80,846
Real estate taxes	$1,124,344
Taxes paid	$1,950,733
Mortgage interest paid	$2,348,403
Contributions	$278,669
Taxable income	$12,346,996
Total tax credits [5]	$209,067
Residential energy tax credit	$0
Child tax credit	$43,073
Child and dependent care credit	$12,808
Earned income credit [6]	$1,023,608
Excess earned income credit (refundable) [7]	$895,810
Alternative minimum tax	$0
Income tax [8]	$1,129,898
Total tax liability [9]	$1,705,408
Tax due at time of filing [10]	$342,247
Overpayments refunded [11]	($3,041,362)

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

Number of returns [1]	2,802
Number of joint returns	699
Number of returns with paid preparer's signature	1,611
Number of exemptions	4,724
Number of dependents	753
Adjust gross income (AGI) [2]	$103,304,152
Salaries and wages	$81,184,499
Taxable interest	$3,141,482
Ordinary dividends	$1,574,357
Business or professional net income (less loss)	$5,254,537
Net capital gain (less loss)	($16,125)
Taxable individual retirement arrangements distributions	$2,321,282
Taxable pensions and annuities	$6,654,972
Unemployment compensation [3]	$1,458,915
Taxable Social Security benefits	$3,059,372
Self-employment retirement plans	$195,865
Total itemized deductions [4]	$18,706,875
State and local income taxes	$1,490,676
State and local general sales tax	$129,058
Real estate taxes	$3,445,196
Taxes paid	$5,356,156
Mortgage interest paid	$8,634,237
Contributions	$1,153,481
Taxable income	$56,480,226
Total tax credits [5]	$824,849
Residential energy tax credit	$0
Child tax credit	$490,961
Child and dependent care credit	$60,545
Earned income credit [6]	$327,337
Excess earned income credit (refundable) [7]	$242,497
Alternative minimum tax	$0
Income tax [8]	$6,398,944
Total tax liability [9]	$7,433,173
Tax due at time of filing [10]	$566,217
Overpayments refunded [11]	($5,319,269)

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

Number of returns [1]	2,189
Number of joint returns	949
Number of returns with paid preparer's signature	1,347
Number of exemptions	4,375
Number of dependents	743
Adjust gross income (AGI) [2]	$135,803,271
Salaries and wages	$105,562,217
Taxable interest	$2,639,816
Ordinary dividends	$2,063,366
Business or professional net income (less loss)	$5,476,532
Net capital gain (less loss)	$208,096
Taxable individual retirement arrangements distributions	$3,159,267
Taxable pensions and annuities	$10,006,450
Unemployment compensation [3]	$1,074,475
Taxable Social Security benefits	$5,854,391
Self-employment retirement plans	$175,773
Total itemized deductions [4]	$28,738,022
State and local income taxes	$3,778,868
State and local general sales tax	$72,071
Real estate taxes	$4,918,344
Taxes paid	$9,181,349
Mortgage interest paid	$12,927,430
Contributions	$1,981,764
Taxable income	$85,339,259
Total tax credits [5]	$1,028,997
Residential energy tax credit	$0
Child tax credit	$752,589
Child and dependent care credit	$52,063
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$11,651,315
Total tax liability [9]	$12,780,568
Tax due at time of filing [10]	$929,134
Overpayments refunded [11]	($5,695,049)

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

Number of returns [1]	1,650
Number of joint returns	1,072
Number of returns with paid preparer's signature	1,044
Number of exemptions	3,907
Number of dependents	675
Adjust gross income (AGI) [2]	$143,438,473
Salaries and wages	$112,029,425
Taxable interest	$3,019,485
Ordinary dividends	$1,971,988
Business or professional net income (less loss)	$4,913,162
Net capital gain (less loss)	$1,170,175
Taxable individual retirement arrangements distributions	$3,595,260
Taxable pensions and annuities	$9,876,584
Unemployment compensation [3]	$846,896
Taxable Social Security benefits	$5,348,234
Self-employment retirement plans	$219,705
Total itemized deductions [4]	$30,845,475
State and local income taxes	$5,669,450
State and local general sales tax	$18,710
Real estate taxes	$5,264,142
Taxes paid	$11,412,554
Mortgage interest paid	$13,796,436
Contributions	$2,397,154
Taxable income	$96,020,225
Total tax credits [5]	$1,118,596
Residential energy tax credit	$0
Child tax credit	$790,049
Child and dependent care credit	$60,739
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$24,325
Income tax [8]	$13,723,391
Total tax liability [9]	$14,851,476
Tax due at time of filing [10]	$945,841
Overpayments refunded [11]	($5,371,086)

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

Number of returns [1]	2,664
Number of joint returns	2,221
Number of returns with paid preparer's signature	1,700
Number of exemptions	7,429
Number of dependents	1,350
Adjust gross income (AGI) [2]	$359,182,392
Salaries and wages	$297,217,849
Taxable interest	$5,760,151
Ordinary dividends	$5,060,258
Business or professional net income (less loss)	$10,662,468
Net capital gain (less loss)	$2,335,916
Taxable individual retirement arrangements distributions	$6,474,285
Taxable pensions and annuities	$18,141,385
Unemployment compensation [3]	$1,207,833
Taxable Social Security benefits	$7,115,792
Self-employment retirement plans	$920,976
Total itemized deductions [4]	$84,995,369
State and local income taxes	$17,609,116
State and local general sales tax	$38,889
Real estate taxes	$12,016,883
Taxes paid	$30,848,494
Mortgage interest paid	$30,440,131
Contributions	$6,075,567
Taxable income	$258,251,882
Total tax credits [5]	$1,270,318
Residential energy tax credit	$0
Child tax credit	$867,203
Child and dependent care credit	$157,816
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$320,054
Income tax [8]	$45,590,121
Total tax liability [9]	$47,622,816
Tax due at time of filing [10]	$2,405,067
Overpayments refunded [11]	($9,195,679)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	766
Number of joint returns	693
Number of returns with paid preparer's signature	514
Number of exemptions	2,223
Number of dependents	409
Adjust gross income (AGI) [2]	$273,008,447
Salaries and wages	$188,036,495
Taxable interest	$7,642,841
Ordinary dividends	$7,199,465
Business or professional net income (less loss)	$9,534,264
Net capital gain (less loss)	$11,258,731
Taxable individual retirement arrangements distributions	$2,898,515
Taxable pensions and annuities	$6,458,083
Unemployment compensation [3]	$235,323
Taxable Social Security benefits	$1,812,099
Self-employment retirement plans	$1,449,109
Total itemized deductions [4]	$39,916,096
State and local income taxes	$16,127,769
State and local general sales tax	$0
Real estate taxes	$5,636,108
Taxes paid	$22,261,652
Mortgage interest paid	$11,632,538
Contributions	$5,006,624
Taxable income	$226,299,484
Total tax credits [5]	$502,565
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$37,650
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$2,867,602
Income tax [8]	$60,103,682
Total tax liability [9]	$61,811,494
Tax due at time of filing [10]	$5,377,061
Overpayments refunded [11]	($3,103,155)

[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.