Home » New York » SUFFOLK County » ZIP Code 11764 » Tax Stats

11764 Income Tax Overview

Total Number of Tax Returns for ZIP Code 11764 [1]	6,139
Total Number of Joint Tax Returns for ZIP Code 11764	3,019
Total Number of Dependents for ZIP Code 11764	2,371
Total Adjusted Gross Income for ZIP Code 11764	568,412,589
Average Income per Person for ZIP Code 11764	$43,062

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]	1,025
Number of joint returns	68
Number of returns with paid preparer's signature	652
Number of exemptions	575
Number of dependents	65
Adjust gross income (AGI) [2]	$3,147,101
Salaries and wages	$4,489,789
Taxable interest	$522,056
Ordinary dividends	$228,957
Business or professional net income (less loss)	$422,525
Net capital gain (less loss)	($64,414)
Taxable individual retirement arrangements distributions	$100,692
Taxable pensions and annuities	$282,473
Unemployment compensation [3]	$51,233
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,179,020
State and local income taxes	$88,248
State and local general sales tax	$15,204
Real estate taxes	$667,403
Taxes paid	$1,005,296
Mortgage interest paid	$903,436
Contributions	$18,270
Taxable income	$463,784
Total tax credits [5]	$1,131
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$107,906
Excess earned income credit (refundable) [7]	$85,420
Alternative minimum tax	$0
Income tax [8]	$46,014
Total tax liability [9]	$125,537
Tax due at time of filing [10]	$37,853
Overpayments refunded [11]	($495,599)

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

Number of returns [1]	740
Number of joint returns	96
Number of returns with paid preparer's signature	496
Number of exemptions	917
Number of dependents	114
Adjust gross income (AGI) [2]	$12,635,526
Salaries and wages	$9,202,130
Taxable interest	$664,588
Ordinary dividends	$281,209
Business or professional net income (less loss)	$852,059
Net capital gain (less loss)	$11,725
Taxable individual retirement arrangements distributions	$317,676
Taxable pensions and annuities	$1,294,730
Unemployment compensation [3]	$226,617
Taxable Social Security benefits	$104,254
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,660,987
State and local income taxes	$98,702
State and local general sales tax	$34,865
Real estate taxes	$864,511
Taxes paid	$1,023,407
Mortgage interest paid	$841,172
Contributions	$123,160
Taxable income	$4,436,172
Total tax credits [5]	$84,279
Residential energy tax credit	$0
Child tax credit	$11,732
Child and dependent care credit	$0
Earned income credit [6]	$253,781
Excess earned income credit (refundable) [7]	$202,529
Alternative minimum tax	$0
Income tax [8]	$395,433
Total tax liability [9]	$535,265
Tax due at time of filing [10]	$53,494
Overpayments refunded [11]	($920,749)

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

Number of returns [1]	859
Number of joint returns	210
Number of returns with paid preparer's signature	600
Number of exemptions	1,457
Number of dependents	235
Adjust gross income (AGI) [2]	$31,900,078
Salaries and wages	$24,209,682
Taxable interest	$1,008,768
Ordinary dividends	$574,728
Business or professional net income (less loss)	$1,243,575
Net capital gain (less loss)	($37,256)
Taxable individual retirement arrangements distributions	$759,483
Taxable pensions and annuities	$2,728,025
Unemployment compensation [3]	$321,066
Taxable Social Security benefits	$1,071,162
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,437,472
State and local income taxes	$493,047
State and local general sales tax	$91,983
Real estate taxes	$2,515,598
Taxes paid	$3,120,475
Mortgage interest paid	$2,643,665
Contributions	$395,470
Taxable income	$16,765,926
Total tax credits [5]	$246,431
Residential energy tax credit	$0
Child tax credit	$107,059
Child and dependent care credit	$17,402
Earned income credit [6]	$90,555
Excess earned income credit (refundable) [7]	$61,956
Alternative minimum tax	$0
Income tax [8]	$1,915,001
Total tax liability [9]	$2,128,037
Tax due at time of filing [10]	$176,835
Overpayments refunded [11]	($1,704,222)

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

Number of returns [1]	751
Number of joint returns	346
Number of returns with paid preparer's signature	579
Number of exemptions	1,610
Number of dependents	275
Adjust gross income (AGI) [2]	$46,988,947
Salaries and wages	$36,088,873
Taxable interest	$1,468,143
Ordinary dividends	$520,997
Business or professional net income (less loss)	$1,406,946
Net capital gain (less loss)	$123,238
Taxable individual retirement arrangements distributions	$1,101,218
Taxable pensions and annuities	$4,070,583
Unemployment compensation [3]	$235,107
Taxable Social Security benefits	$2,241,834
Self-employment retirement plans	$0
Total itemized deductions [4]	$13,852,612
State and local income taxes	$1,565,771
State and local general sales tax	$120,519
Real estate taxes	$4,200,768
Taxes paid	$5,918,266
Mortgage interest paid	$4,957,653
Contributions	$921,609
Taxable income	$26,400,845
Total tax credits [5]	$362,482
Residential energy tax credit	$0
Child tax credit	$264,154
Child and dependent care credit	$15,112
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$3,552,134
Total tax liability [9]	$3,836,730
Tax due at time of filing [10]	$312,458
Overpayments refunded [11]	($2,151,373)

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

Number of returns [1]	693
Number of joint returns	456
Number of returns with paid preparer's signature	546
Number of exemptions	1,838
Number of dependents	348
Adjust gross income (AGI) [2]	$60,563,555
Salaries and wages	$45,052,396
Taxable interest	$1,088,357
Ordinary dividends	$440,403
Business or professional net income (less loss)	$1,210,944
Net capital gain (less loss)	($65,306)
Taxable individual retirement arrangements distributions	$1,549,108
Taxable pensions and annuities	$7,138,191
Unemployment compensation [3]	$181,386
Taxable Social Security benefits	$2,926,361
Self-employment retirement plans	$0
Total itemized deductions [4]	$16,764,857
State and local income taxes	$2,437,050
State and local general sales tax	$104,228
Real estate taxes	$4,967,930
Taxes paid	$7,546,531
Mortgage interest paid	$6,280,622
Contributions	$1,084,894
Taxable income	$36,542,305
Total tax credits [5]	$591,938
Residential energy tax credit	$0
Child tax credit	$431,035
Child and dependent care credit	$27,642
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$21,601
Income tax [8]	$5,005,361
Total tax liability [9]	$5,297,646
Tax due at time of filing [10]	$282,947
Overpayments refunded [11]	($2,601,799)

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

Number of returns [1]	1,610
Number of joint returns	1,412
Number of returns with paid preparer's signature	1,263
Number of exemptions	5,083
Number of dependents	1,014
Adjust gross income (AGI) [2]	$224,160,161
Salaries and wages	$179,532,582
Taxable interest	$3,074,669
Ordinary dividends	$2,211,698
Business or professional net income (less loss)	$5,910,351
Net capital gain (less loss)	$1,492,902
Taxable individual retirement arrangements distributions	$2,934,021
Taxable pensions and annuities	$19,763,818
Unemployment compensation [3]	$349,321
Taxable Social Security benefits	$4,348,946
Self-employment retirement plans	$507,746
Total itemized deductions [4]	$58,662,292
State and local income taxes	$11,114,348
State and local general sales tax	$214,514
Real estate taxes	$15,956,328
Taxes paid	$27,530,401
Mortgage interest paid	$21,698,327
Contributions	$4,051,732
Taxable income	$147,392,703
Total tax credits [5]	$828,805
Residential energy tax credit	$0
Child tax credit	$634,488
Child and dependent care credit	$112,439
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$612,727
Income tax [8]	$25,664,959
Total tax liability [9]	$26,829,548
Tax due at time of filing [10]	$1,408,555
Overpayments refunded [11]	($6,654,011)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	461
Number of joint returns	431
Number of returns with paid preparer's signature	381
Number of exemptions	1,570
Number of dependents	320
Adjust gross income (AGI) [2]	$189,017,221
Salaries and wages	$117,807,721
Taxable interest	$3,455,684
Ordinary dividends	$2,211,266
Business or professional net income (less loss)	$6,092,846
Net capital gain (less loss)	$13,913,036
Taxable individual retirement arrangements distributions	$826,591
Taxable pensions and annuities	$4,364,967
Unemployment compensation [3]	$58,980
Taxable Social Security benefits	$577,015
Self-employment retirement plans	$854,022
Total itemized deductions [4]	$29,052,198
State and local income taxes	$11,537,876
State and local general sales tax	$103,918
Real estate taxes	$6,335,688
Taxes paid	$18,079,366
Mortgage interest paid	$8,168,014
Contributions	$1,891,542
Taxable income	$155,114,189
Total tax credits [5]	$94,986
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$33,079
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$2,480,811
Income tax [8]	$41,629,873
Total tax liability [9]	$42,503,519
Tax due at time of filing [10]	$5,256,935
Overpayments refunded [11]	($1,477,510)

[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.