Home » New York » MONROE County » ROCHESTER, NY » ZIP Code 14609 » Tax Stats

14609 Income Tax Overview

Total Number of Tax Returns for ZIP Code 14609 [1]	19,910
Total Number of Joint Tax Returns for ZIP Code 14609	4,725
Total Number of Dependents for ZIP Code 14609	7,228
Total Adjusted Gross Income for ZIP Code 14609	684,557,609
Average Income per Person for ZIP Code 14609	$16,080

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]	4,141
Number of joint returns	249
Number of returns with paid preparer's signature	2,118
Number of exemptions	5,385
Number of dependents	1,193
Adjust gross income (AGI) [2]	$19,163,742
Salaries and wages	$16,799,664
Taxable interest	$581,763
Ordinary dividends	$377,460
Business or professional net income (less loss)	$762,574
Net capital gain (less loss)	($177,844)
Taxable individual retirement arrangements distributions	$717,263
Taxable pensions and annuities	$1,628,740
Unemployment compensation [3]	$565,604
Taxable Social Security benefits	$36,426
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,884,678
State and local income taxes	$66,164
State and local general sales tax	$30,204
Real estate taxes	$445,395
Taxes paid	$566,851
Mortgage interest paid	$510,709
Contributions	$80,280
Taxable income	$654,871
Total tax credits [5]	$754
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$2,522,852
Excess earned income credit (refundable) [7]	$2,333,078
Alternative minimum tax	$0
Income tax [8]	$64,864
Total tax liability [9]	$395,778
Tax due at time of filing [10]	$94,462
Overpayments refunded [11]	($3,964,821)

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

Number of returns [1]	5,460
Number of joint returns	623
Number of returns with paid preparer's signature	3,110
Number of exemptions	9,875
Number of dependents	2,312
Adjust gross income (AGI) [2]	$93,822,798
Salaries and wages	$76,154,267
Taxable interest	$1,261,751
Ordinary dividends	$801,347
Business or professional net income (less loss)	$4,027,647
Net capital gain (less loss)	($10,761)
Taxable individual retirement arrangements distributions	$2,370,178
Taxable pensions and annuities	$7,689,317
Unemployment compensation [3]	$2,216,910
Taxable Social Security benefits	$399,925
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,593,083
State and local income taxes	$264,446
State and local general sales tax	$112,997
Real estate taxes	$1,393,574
Taxes paid	$1,749,855
Mortgage interest paid	$1,567,845
Contributions	$549,449
Taxable income	$25,641,049
Total tax credits [5]	$565,608
Residential energy tax credit	$0
Child tax credit	$254,789
Child and dependent care credit	$68,376
Earned income credit [6]	$7,377,605
Excess earned income credit (refundable) [7]	$6,922,686
Alternative minimum tax	$0
Income tax [8]	$2,202,166
Total tax liability [9]	$2,913,444
Tax due at time of filing [10]	$243,247
Overpayments refunded [11]	($13,791,994)

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

Number of returns [1]	5,859
Number of joint returns	1,158
Number of returns with paid preparer's signature	3,018
Number of exemptions	10,544
Number of dependents	2,059
Adjust gross income (AGI) [2]	$210,098,866
Salaries and wages	$182,050,609
Taxable interest	$1,963,765
Ordinary dividends	$1,102,334
Business or professional net income (less loss)	$3,822,425
Net capital gain (less loss)	$95,879
Taxable individual retirement arrangements distributions	$3,870,973
Taxable pensions and annuities	$12,694,977
Unemployment compensation [3]	$2,057,365
Taxable Social Security benefits	$3,971,295
Self-employment retirement plans	$116,843
Total itemized deductions [4]	$19,573,963
State and local income taxes	$2,734,704
State and local general sales tax	$212,368
Real estate taxes	$4,721,426
Taxes paid	$7,772,666
Mortgage interest paid	$6,707,865
Contributions	$2,063,163
Taxable income	$121,947,027
Total tax credits [5]	$2,363,296
Residential energy tax credit	$0
Child tax credit	$1,475,463
Child and dependent care credit	$207,530
Earned income credit [6]	$1,522,380
Excess earned income credit (refundable) [7]	$1,277,517
Alternative minimum tax	$0
Income tax [8]	$13,225,344
Total tax liability [9]	$14,042,903
Tax due at time of filing [10]	$880,500
Overpayments refunded [11]	($12,238,369)

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

Number of returns [1]	2,595
Number of joint returns	1,255
Number of returns with paid preparer's signature	1,472
Number of exemptions	5,363
Number of dependents	898
Adjust gross income (AGI) [2]	$157,367,146
Salaries and wages	$131,048,310
Taxable interest	$1,781,375
Ordinary dividends	$1,197,385
Business or professional net income (less loss)	$1,931,487
Net capital gain (less loss)	$744,950
Taxable individual retirement arrangements distributions	$3,458,522
Taxable pensions and annuities	$10,944,665
Unemployment compensation [3]	$996,928
Taxable Social Security benefits	$5,369,828
Self-employment retirement plans	$69,915
Total itemized deductions [4]	$19,427,790
State and local income taxes	$3,906,497
State and local general sales tax	$105,713
Real estate taxes	$4,437,111
Taxes paid	$8,544,762
Mortgage interest paid	$6,034,697
Contributions	$2,313,740
Taxable income	$107,073,773
Total tax credits [5]	$1,434,110
Residential energy tax credit	$0
Child tax credit	$1,041,744
Child and dependent care credit	$83,132
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$14,277,803
Total tax liability [9]	$14,756,798
Tax due at time of filing [10]	$798,721
Overpayments refunded [11]	($5,622,329)

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

Number of returns [1]	1,113
Number of joint returns	834
Number of returns with paid preparer's signature	653
Number of exemptions	2,727
Number of dependents	460
Adjust gross income (AGI) [2]	$95,292,010
Salaries and wages	$79,355,349
Taxable interest	$992,023
Ordinary dividends	$703,831
Business or professional net income (less loss)	$1,520,036
Net capital gain (less loss)	$442,426
Taxable individual retirement arrangements distributions	$2,029,012
Taxable pensions and annuities	$6,943,590
Unemployment compensation [3]	$412,714
Taxable Social Security benefits	$2,878,211
Self-employment retirement plans	$0
Total itemized deductions [4]	$12,938,350
State and local income taxes	$3,177,802
State and local general sales tax	$31,437
Real estate taxes	$2,808,716
Taxes paid	$6,079,583
Mortgage interest paid	$3,770,992
Contributions	$1,662,571
Taxable income	$68,783,825
Total tax credits [5]	$821,241
Residential energy tax credit	$0
Child tax credit	$538,850
Child and dependent care credit	$53,417
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$9,600,937
Total tax liability [9]	$9,976,810
Tax due at time of filing [10]	$452,279
Overpayments refunded [11]	($2,700,626)

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

Number of returns [1]	685
Number of joint returns	565
Number of returns with paid preparer's signature	433
Number of exemptions	1,764
Number of dependents	289
Adjust gross income (AGI) [2]	$85,491,382
Salaries and wages	$63,906,787
Taxable interest	$1,418,120
Ordinary dividends	$1,210,666
Business or professional net income (less loss)	$3,344,032
Net capital gain (less loss)	$1,570,962
Taxable individual retirement arrangements distributions	$3,164,413
Taxable pensions and annuities	$7,198,004
Unemployment compensation [3]	$216,887
Taxable Social Security benefits	$2,323,300
Self-employment retirement plans	$409,351
Total itemized deductions [4]	$12,030,044
State and local income taxes	$3,962,083
State and local general sales tax	$26,276
Real estate taxes	$2,516,463
Taxes paid	$6,536,086
Mortgage interest paid	$2,801,605
Contributions	$1,585,039
Taxable income	$66,061,338
Total tax credits [5]	$306,824
Residential energy tax credit	$0
Child tax credit	$212,050
Child and dependent care credit	$31,221
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$80,496
Income tax [8]	$11,533,008
Total tax liability [9]	$12,137,943
Tax due at time of filing [10]	$1,161,490
Overpayments refunded [11]	($1,528,074)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	57
Number of joint returns	41
Number of returns with paid preparer's signature	44
Number of exemptions	134
Number of dependents	17
Adjust gross income (AGI) [2]	$23,321,665
Salaries and wages	$10,493,493
Taxable interest	$393,379
Ordinary dividends	$618,591
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$1,226,392
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,234,949
Unemployment compensation [3]	$0
Taxable Social Security benefits	$334,524
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,900,504
State and local income taxes	$1,311,647
State and local general sales tax	$0
Real estate taxes	$394,901
Taxes paid	$1,710,411
Mortgage interest paid	$254,696
Contributions	$641,043
Taxable income	$19,981,089
Total tax credits [5]	$21,723
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	$221,652
Income tax [8]	$5,340,606
Total tax liability [9]	$5,466,499
Tax due at time of filing [10]	$508,290
Overpayments refunded [11]	($208,905)

[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.