Home » Pennsylvania » PERRY County » ZIP Code 17068 » Tax Stats

17068 Income Tax Overview

Total Number of Tax Returns for ZIP Code 17068 [1]	2,060
Total Number of Joint Tax Returns for ZIP Code 17068	918
Total Number of Dependents for ZIP Code 17068	599
Total Adjusted Gross Income for ZIP Code 17068	89,101,545
Average Income per Person for ZIP Code 17068	$20,731

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]	388
Number of joint returns	44
Number of returns with paid preparer's signature	179
Number of exemptions	340
Number of dependents	33
Adjust gross income (AGI) [2]	$1,416,959
Salaries and wages	$1,401,941
Taxable interest	$129,830
Ordinary dividends	$24,573
Business or professional net income (less loss)	$11,096
Net capital gain (less loss)	($16,556)
Taxable individual retirement arrangements distributions	$69,237
Taxable pensions and annuities	$194,308
Unemployment compensation [3]	$30,762
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$0
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$88,053
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$72,095
Excess earned income credit (refundable) [7]	$68,372
Alternative minimum tax	$0
Income tax [8]	$8,800
Total tax liability [9]	$31,599
Tax due at time of filing [10]	$16,391
Overpayments refunded [11]	($188,684)

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

Number of returns [1]	386
Number of joint returns	69
Number of returns with paid preparer's signature	191
Number of exemptions	555
Number of dependents	78
Adjust gross income (AGI) [2]	$6,723,277
Salaries and wages	$5,070,114
Taxable interest	$178,575
Ordinary dividends	$82,557
Business or professional net income (less loss)	$286,892
Net capital gain (less loss)	$13,628
Taxable individual retirement arrangements distributions	$145,721
Taxable pensions and annuities	$777,779
Unemployment compensation [3]	$219,235
Taxable Social Security benefits	$20,104
Self-employment retirement plans	$0
Total itemized deductions [4]	$386,064
State and local income taxes	$30,859
State and local general sales tax	$0
Real estate taxes	$75,333
Taxes paid	$102,243
Mortgage interest paid	$197,929
Contributions	$31,568
Taxable income	$2,275,100
Total tax credits [5]	$30,392
Residential energy tax credit	$0
Child tax credit	$12,764
Child and dependent care credit	$0
Earned income credit [6]	$222,640
Excess earned income credit (refundable) [7]	$201,943
Alternative minimum tax	$0
Income tax [8]	$221,301
Total tax liability [9]	$283,403
Tax due at time of filing [10]	$23,788
Overpayments refunded [11]	($626,988)

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

Number of returns [1]	578
Number of joint returns	217
Number of returns with paid preparer's signature	313
Number of exemptions	1,099
Number of dependents	168
Adjust gross income (AGI) [2]	$21,230,801
Salaries and wages	$16,535,109
Taxable interest	$436,343
Ordinary dividends	$176,474
Business or professional net income (less loss)	$544,257
Net capital gain (less loss)	$50,738
Taxable individual retirement arrangements distributions	$415,328
Taxable pensions and annuities	$2,136,175
Unemployment compensation [3]	$375,065
Taxable Social Security benefits	$579,665
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,795,318
State and local income taxes	$212,626
State and local general sales tax	$8,034
Real estate taxes	$289,757
Taxes paid	$514,311
Mortgage interest paid	$758,706
Contributions	$195,108
Taxable income	$11,933,667
Total tax credits [5]	$173,412
Residential energy tax credit	$0
Child tax credit	$122,438
Child and dependent care credit	$9,931
Earned income credit [6]	$112,300
Excess earned income credit (refundable) [7]	$89,466
Alternative minimum tax	$0
Income tax [8]	$1,320,575
Total tax liability [9]	$1,447,678
Tax due at time of filing [10]	$64,845
Overpayments refunded [11]	($1,126,045)

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

Number of returns [1]	361
Number of joint returns	266
Number of returns with paid preparer's signature	213
Number of exemptions	916
Number of dependents	166
Adjust gross income (AGI) [2]	$22,443,119
Salaries and wages	$18,168,453
Taxable interest	$368,890
Ordinary dividends	$182,246
Business or professional net income (less loss)	$278,417
Net capital gain (less loss)	$112,525
Taxable individual retirement arrangements distributions	$341,575
Taxable pensions and annuities	$1,847,991
Unemployment compensation [3]	$390,018
Taxable Social Security benefits	$660,169
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,484,057
State and local income taxes	$418,384
State and local general sales tax	$9,286
Real estate taxes	$333,711
Taxes paid	$767,430
Mortgage interest paid	$1,164,210
Contributions	$152,039
Taxable income	$14,493,845
Total tax credits [5]	$243,873
Residential energy tax credit	$0
Child tax credit	$193,253
Child and dependent care credit	$13,637
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$1,743,162
Total tax liability [9]	$1,833,069
Tax due at time of filing [10]	$92,416
Overpayments refunded [11]	($813,677)

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

Number of returns [1]	194
Number of joint returns	180
Number of returns with paid preparer's signature	107
Number of exemptions	520
Number of dependents	86
Adjust gross income (AGI) [2]	$16,764,438
Salaries and wages	$13,575,593
Taxable interest	$227,375
Ordinary dividends	$166,891
Business or professional net income (less loss)	$222,742
Net capital gain (less loss)	$170,326
Taxable individual retirement arrangements distributions	$289,940
Taxable pensions and annuities	$1,402,003
Unemployment compensation [3]	$83,557
Taxable Social Security benefits	$667,969
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,970,238
State and local income taxes	$437,275
State and local general sales tax	$0
Real estate taxes	$279,086
Taxes paid	$736,357
Mortgage interest paid	$823,182
Contributions	$210,651
Taxable income	$11,967,156
Total tax credits [5]	$135,870
Residential energy tax credit	$0
Child tax credit	$97,300
Child and dependent care credit	$7,822
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$1,555,380
Total tax liability [9]	$1,607,083
Tax due at time of filing [10]	$46,797
Overpayments refunded [11]	($472,449)

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

Number of returns [1]	153
Number of joint returns	142
Number of returns with paid preparer's signature	95
Number of exemptions	408
Number of dependents	68
Adjust gross income (AGI) [2]	$20,522,951
Salaries and wages	$13,955,972
Taxable interest	$393,437
Ordinary dividends	$262,765
Business or professional net income (less loss)	$788,499
Net capital gain (less loss)	$484,593
Taxable individual retirement arrangements distributions	$642,535
Taxable pensions and annuities	$2,361,940
Unemployment compensation [3]	$0
Taxable Social Security benefits	$391,658
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,795,251
State and local income taxes	$716,945
State and local general sales tax	$0
Real estate taxes	$404,979
Taxes paid	$1,135,458
Mortgage interest paid	$1,096,170
Contributions	$315,107
Taxable income	$15,799,814
Total tax credits [5]	$78,899
Residential energy tax credit	$0
Child tax credit	$48,100
Child and dependent care credit	$8,957
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$2,732,378
Total tax liability [9]	$2,874,635
Tax due at time of filing [10]	$294,427
Overpayments refunded [11]	($358,243)

[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.