Home » Georgia » PICKENS County » ZIP Code 30143 » Tax Stats

30143 Income Tax Overview

Total Number of Tax Returns for ZIP Code 30143 [1]	9,635
Total Number of Joint Tax Returns for ZIP Code 30143	5,114
Total Number of Dependents for ZIP Code 30143	3,094
Total Adjusted Gross Income for ZIP Code 30143	572,492,005
Average Income per Person for ZIP Code 30143	$27,075

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]	1,765
Number of joint returns	348
Number of returns with paid preparer's signature	914
Number of exemptions	2,261
Number of dependents	374
Adjust gross income (AGI) [2]	$5,001,011
Salaries and wages	$7,580,181
Taxable interest	$1,419,028
Ordinary dividends	$648,701
Business or professional net income (less loss)	($314,679)
Net capital gain (less loss)	$1,493,651
Taxable individual retirement arrangements distributions	$493,499
Taxable pensions and annuities	$920,918
Unemployment compensation [3]	$155,171
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,529,538
State and local income taxes	$268,434
State and local general sales tax	$41,334
Real estate taxes	$508,496
Taxes paid	$888,415
Mortgage interest paid	$1,924,961
Contributions	$96,167
Taxable income	$279,248
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$763,926
Excess earned income credit (refundable) [7]	$591,472
Alternative minimum tax	$0
Income tax [8]	$26,673
Total tax liability [9]	$364,511
Tax due at time of filing [10]	$94,788
Overpayments refunded [11]	($1,458,188)

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

Number of returns [1]	1,869
Number of joint returns	573
Number of returns with paid preparer's signature	1,125
Number of exemptions	3,619
Number of dependents	677
Adjust gross income (AGI) [2]	$32,202,687
Salaries and wages	$22,963,990
Taxable interest	$1,344,184
Ordinary dividends	$956,432
Business or professional net income (less loss)	$2,656,766
Net capital gain (less loss)	($38,266)
Taxable individual retirement arrangements distributions	$1,122,675
Taxable pensions and annuities	$3,333,949
Unemployment compensation [3]	$668,718
Taxable Social Security benefits	$276,902
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,450,033
State and local income taxes	$194,720
State and local general sales tax	$93,421
Real estate taxes	$540,338
Taxes paid	$899,111
Mortgage interest paid	$1,925,336
Contributions	$361,193
Taxable income	$7,500,775
Total tax credits [5]	$101,063
Residential energy tax credit	$0
Child tax credit	$51,004
Child and dependent care credit	$6,767
Earned income credit [6]	$2,057,338
Excess earned income credit (refundable) [7]	$1,741,978
Alternative minimum tax	$0
Income tax [8]	$698,553
Total tax liability [9]	$1,219,767
Tax due at time of filing [10]	$144,761
Overpayments refunded [11]	($3,931,785)

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

Number of returns [1]	2,150
Number of joint returns	1,011
Number of returns with paid preparer's signature	1,309
Number of exemptions	4,509
Number of dependents	751
Adjust gross income (AGI) [2]	$78,311,163
Salaries and wages	$58,599,675
Taxable interest	$2,293,586
Ordinary dividends	$1,080,564
Business or professional net income (less loss)	$2,339,419
Net capital gain (less loss)	$220,397
Taxable individual retirement arrangements distributions	$2,897,469
Taxable pensions and annuities	$7,939,630
Unemployment compensation [3]	$825,172
Taxable Social Security benefits	$2,667,156
Self-employment retirement plans	$111,418
Total itemized deductions [4]	$14,571,672
State and local income taxes	$1,253,674
State and local general sales tax	$162,284
Real estate taxes	$1,341,384
Taxes paid	$2,905,405
Mortgage interest paid	$6,206,259
Contributions	$1,327,810
Taxable income	$37,477,743
Total tax credits [5]	$639,993
Residential energy tax credit	$0
Child tax credit	$462,495
Child and dependent care credit	$41,209
Earned income credit [6]	$468,160
Excess earned income credit (refundable) [7]	$360,143
Alternative minimum tax	$0
Income tax [8]	$3,910,537
Total tax liability [9]	$4,514,857
Tax due at time of filing [10]	$396,397
Overpayments refunded [11]	($4,413,697)

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

Number of returns [1]	1,423
Number of joint returns	1,015
Number of returns with paid preparer's signature	926
Number of exemptions	3,382
Number of dependents	520
Adjust gross income (AGI) [2]	$88,330,246
Salaries and wages	$60,902,362
Taxable interest	$2,393,010
Ordinary dividends	$1,826,595
Business or professional net income (less loss)	$1,782,400
Net capital gain (less loss)	$531,680
Taxable individual retirement arrangements distributions	$4,462,600
Taxable pensions and annuities	$10,706,052
Unemployment compensation [3]	$388,854
Taxable Social Security benefits	$5,058,351
Self-employment retirement plans	$0
Total itemized deductions [4]	$18,189,833
State and local income taxes	$2,367,465
State and local general sales tax	$133,557
Real estate taxes	$1,600,410
Taxes paid	$4,303,409
Mortgage interest paid	$7,850,823
Contributions	$1,966,978
Taxable income	$52,987,879
Total tax credits [5]	$787,726
Residential energy tax credit	$0
Child tax credit	$654,511
Child and dependent care credit	$36,571
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,401,558
Total tax liability [9]	$6,959,518
Tax due at time of filing [10]	$688,107
Overpayments refunded [11]	($3,100,104)

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

Number of returns [1]	1,003
Number of joint returns	860
Number of returns with paid preparer's signature	591
Number of exemptions	2,492
Number of dependents	352
Adjust gross income (AGI) [2]	$86,594,138
Salaries and wages	$54,175,045
Taxable interest	$2,608,475
Ordinary dividends	$2,287,933
Business or professional net income (less loss)	$2,271,603
Net capital gain (less loss)	$650,875
Taxable individual retirement arrangements distributions	$5,094,499
Taxable pensions and annuities	$12,968,607
Unemployment compensation [3]	$172,029
Taxable Social Security benefits	$6,250,718
Self-employment retirement plans	$101,508
Total itemized deductions [4]	$17,900,015
State and local income taxes	$2,779,258
State and local general sales tax	$100,502
Real estate taxes	$1,736,271
Taxes paid	$4,838,440
Mortgage interest paid	$7,710,105
Contributions	$2,517,174
Taxable income	$57,326,915
Total tax credits [5]	$601,902
Residential energy tax credit	$0
Child tax credit	$458,122
Child and dependent care credit	$32,964
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$7,498,352
Total tax liability [9]	$7,993,402
Tax due at time of filing [10]	$676,196
Overpayments refunded [11]	($2,455,474)

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

Number of returns [1]	1,104
Number of joint returns	1,015
Number of returns with paid preparer's signature	715
Number of exemptions	2,735
Number of dependents	336
Adjust gross income (AGI) [2]	$144,890,543
Salaries and wages	$84,649,801
Taxable interest	$4,711,956
Ordinary dividends	$3,978,529
Business or professional net income (less loss)	$4,395,631
Net capital gain (less loss)	$2,800,859
Taxable individual retirement arrangements distributions	$9,290,951
Taxable pensions and annuities	$22,833,835
Unemployment compensation [3]	$133,721
Taxable Social Security benefits	$7,904,218
Self-employment retirement plans	$359,554
Total itemized deductions [4]	$29,137,580
State and local income taxes	$5,616,170
State and local general sales tax	$182,136
Real estate taxes	$2,988,971
Taxes paid	$9,133,066
Mortgage interest paid	$11,646,430
Contributions	$4,464,280
Taxable income	$104,520,416
Total tax credits [5]	$377,848
Residential energy tax credit	$0
Child tax credit	$219,488
Child and dependent care credit	$17,019
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$80,451
Income tax [8]	$17,691,947
Total tax liability [9]	$18,542,860
Tax due at time of filing [10]	$1,825,572
Overpayments refunded [11]	($3,086,096)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	321
Number of joint returns	292
Number of returns with paid preparer's signature	238
Number of exemptions	758
Number of dependents	84
Adjust gross income (AGI) [2]	$137,162,217
Salaries and wages	$56,278,585
Taxable interest	$4,056,729
Ordinary dividends	$5,360,330
Business or professional net income (less loss)	$4,683,124
Net capital gain (less loss)	$26,278,155
Taxable individual retirement arrangements distributions	$5,864,383
Taxable pensions and annuities	$8,674,388
Unemployment compensation [3]	$0
Taxable Social Security benefits	$2,413,523
Self-employment retirement plans	$559,900
Total itemized deductions [4]	$18,623,474
State and local income taxes	$6,556,935
State and local general sales tax	$92,086
Real estate taxes	$1,835,966
Taxes paid	$8,631,632
Mortgage interest paid	$4,847,507
Contributions	$3,706,253
Taxable income	$116,408,060
Total tax credits [5]	$244,366
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	$975,290
Income tax [8]	$28,284,329
Total tax liability [9]	$28,790,407
Tax due at time of filing [10]	$5,375,291
Overpayments refunded [11]	($1,500,502)

[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.