Home » Virginia » ALEXANDRIA CITY County » ZIP Code 22301 » Tax Stats

22301 Income Tax Overview

Total Number of Tax Returns for ZIP Code 22301 [1]	5,833
Total Number of Joint Tax Returns for ZIP Code 22301	2,156
Total Number of Dependents for ZIP Code 22301	1,521
Total Adjusted Gross Income for ZIP Code 22301	670,422,379
Average Income per Person for ZIP Code 22301	$60,063

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]	582
Number of joint returns	25
Number of returns with paid preparer's signature	261
Number of exemptions	439
Number of dependents	48
Adjust gross income (AGI) [2]	$1,671,431
Salaries and wages	$2,481,122
Taxable interest	$256,278
Ordinary dividends	$296,612
Business or professional net income (less loss)	($197,185)
Net capital gain (less loss)	($18,238)
Taxable individual retirement arrangements distributions	$60,708
Taxable pensions and annuities	$276,064
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,622,899
State and local income taxes	$98,607
State and local general sales tax	$3,119
Real estate taxes	$243,284
Taxes paid	$360,114
Mortgage interest paid	$713,687
Contributions	$10,453
Taxable income	$186,469
Total tax credits [5]	$1,251
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$103,564
Excess earned income credit (refundable) [7]	$85,555
Alternative minimum tax	$0
Income tax [8]	$14,861
Total tax liability [9]	$102,269
Tax due at time of filing [10]	$27,143
Overpayments refunded [11]	($359,018)

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

Number of returns [1]	593
Number of joint returns	37
Number of returns with paid preparer's signature	244
Number of exemptions	775
Number of dependents	118
Adjust gross income (AGI) [2]	$10,324,687
Salaries and wages	$7,746,215
Taxable interest	$270,714
Ordinary dividends	$236,798
Business or professional net income (less loss)	$1,063,796
Net capital gain (less loss)	$112,472
Taxable individual retirement arrangements distributions	$154,716
Taxable pensions and annuities	$996,128
Unemployment compensation [3]	$103,089
Taxable Social Security benefits	$39,361
Self-employment retirement plans	$66,033
Total itemized deductions [4]	$1,752,531
State and local income taxes	$73,242
State and local general sales tax	$9,646
Real estate taxes	$225,802
Taxes paid	$321,296
Mortgage interest paid	$470,836
Contributions	$82,441
Taxable income	$3,606,436
Total tax credits [5]	$53,726
Residential energy tax credit	$0
Child tax credit	$13,056
Child and dependent care credit	$0
Earned income credit [6]	$264,666
Excess earned income credit (refundable) [7]	$231,223
Alternative minimum tax	$0
Income tax [8]	$335,323
Total tax liability [9]	$503,582
Tax due at time of filing [10]	$109,715
Overpayments refunded [11]	($828,039)

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

Number of returns [1]	970
Number of joint returns	109
Number of returns with paid preparer's signature	347
Number of exemptions	1,311
Number of dependents	154
Adjust gross income (AGI) [2]	$36,496,286
Salaries and wages	$30,396,217
Taxable interest	$551,246
Ordinary dividends	$444,659
Business or professional net income (less loss)	$1,794,581
Net capital gain (less loss)	$37,380
Taxable individual retirement arrangements distributions	$406,710
Taxable pensions and annuities	$3,015,289
Unemployment compensation [3]	$113,206
Taxable Social Security benefits	$596,764
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,942,019
State and local income taxes	$412,489
State and local general sales tax	$12,581
Real estate taxes	$648,775
Taxes paid	$1,133,270
Mortgage interest paid	$1,478,653
Contributions	$552,408
Taxable income	$22,890,243
Total tax credits [5]	$234,489
Residential energy tax credit	$0
Child tax credit	$108,300
Child and dependent care credit	$13,912
Earned income credit [6]	$50,265
Excess earned income credit (refundable) [7]	$38,786
Alternative minimum tax	$0
Income tax [8]	$2,832,132
Total tax liability [9]	$3,156,904
Tax due at time of filing [10]	$324,248
Overpayments refunded [11]	($1,459,362)

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

Number of returns [1]	793
Number of joint returns	135
Number of returns with paid preparer's signature	290
Number of exemptions	1,099
Number of dependents	109
Adjust gross income (AGI) [2]	$49,126,654
Salaries and wages	$40,638,040
Taxable interest	$755,560
Ordinary dividends	$882,640
Business or professional net income (less loss)	$2,148,846
Net capital gain (less loss)	$39,304
Taxable individual retirement arrangements distributions	$518,866
Taxable pensions and annuities	$3,951,840
Unemployment compensation [3]	$73,520
Taxable Social Security benefits	$1,033,366
Self-employment retirement plans	$132,588
Total itemized deductions [4]	$7,815,581
State and local income taxes	$1,072,057
State and local general sales tax	$15,438
Real estate taxes	$1,221,846
Taxes paid	$2,384,917
Mortgage interest paid	$3,183,909
Contributions	$712,348
Taxable income	$34,980,920
Total tax credits [5]	$175,086
Residential energy tax credit	$0
Child tax credit	$119,634
Child and dependent care credit	$6,397
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,559,210
Total tax liability [9]	$5,919,260
Tax due at time of filing [10]	$308,765
Overpayments refunded [11]	($1,619,483)

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

Number of returns [1]	658
Number of joint returns	223
Number of returns with paid preparer's signature	248
Number of exemptions	1,114
Number of dependents	145
Adjust gross income (AGI) [2]	$57,354,088
Salaries and wages	$47,366,235
Taxable interest	$850,726
Ordinary dividends	$984,809
Business or professional net income (less loss)	$1,508,915
Net capital gain (less loss)	$287,855
Taxable individual retirement arrangements distributions	$687,428
Taxable pensions and annuities	$4,639,922
Unemployment compensation [3]	$0
Taxable Social Security benefits	$1,086,308
Self-employment retirement plans	$116,002
Total itemized deductions [4]	$11,811,020
State and local income taxes	$2,005,989
State and local general sales tax	$13,964
Real estate taxes	$1,851,926
Taxes paid	$3,969,650
Mortgage interest paid	$5,342,085
Contributions	$1,004,389
Taxable income	$40,215,243
Total tax credits [5]	$257,954
Residential energy tax credit	$0
Child tax credit	$155,646
Child and dependent care credit	$20,132
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,713,204
Total tax liability [9]	$7,066,494
Tax due at time of filing [10]	$280,207
Overpayments refunded [11]	($1,885,656)

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

Number of returns [1]	1,443
Number of joint returns	926
Number of returns with paid preparer's signature	589
Number of exemptions	3,197
Number of dependents	506
Adjust gross income (AGI) [2]	$203,445,226
Salaries and wages	$174,017,926
Taxable interest	$2,880,907
Ordinary dividends	$3,989,464
Business or professional net income (less loss)	$7,039,320
Net capital gain (less loss)	$1,601,478
Taxable individual retirement arrangements distributions	$1,576,081
Taxable pensions and annuities	$8,954,080
Unemployment compensation [3]	$101,210
Taxable Social Security benefits	$1,797,180
Self-employment retirement plans	$818,895
Total itemized deductions [4]	$44,856,689
State and local income taxes	$9,699,268
State and local general sales tax	$23,231
Real estate taxes	$6,591,193
Taxes paid	$16,697,922
Mortgage interest paid	$22,440,373
Contributions	$3,388,961
Taxable income	$146,322,059
Total tax credits [5]	$414,025
Residential energy tax credit	$0
Child tax credit	$209,500
Child and dependent care credit	$88,737
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$126,487
Income tax [8]	$27,560,299
Total tax liability [9]	$28,954,937
Tax due at time of filing [10]	$1,462,245
Overpayments refunded [11]	($5,236,647)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	794
Number of joint returns	701
Number of returns with paid preparer's signature	471
Number of exemptions	2,272
Number of dependents	441
Adjust gross income (AGI) [2]	$312,004,007
Salaries and wages	$202,390,501
Taxable interest	$3,237,639
Ordinary dividends	$6,123,313
Business or professional net income (less loss)	$15,155,497
Net capital gain (less loss)	$15,685,802
Taxable individual retirement arrangements distributions	$1,717,849
Taxable pensions and annuities	$6,075,385
Unemployment compensation [3]	$0
Taxable Social Security benefits	$547,585
Self-employment retirement plans	$4,835,515
Total itemized deductions [4]	$51,532,553
State and local income taxes	$18,088,220
State and local general sales tax	$0
Real estate taxes	$5,916,018
Taxes paid	$24,526,650
Mortgage interest paid	$20,561,306
Contributions	$6,034,688
Taxable income	$253,684,370
Total tax credits [5]	$713,179
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$68,925
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$2,400,770
Income tax [8]	$67,214,841
Total tax liability [9]	$71,307,417
Tax due at time of filing [10]	$4,361,592
Overpayments refunded [11]	($3,704,750)

[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.