Home » Georgia » JEFFERSON County » ZIP Code 30823 » Tax Stats

30823 Income Tax Overview

Total Number of Tax Returns for ZIP Code 30823 [1]	668
Total Number of Joint Tax Returns for ZIP Code 30823	262
Total Number of Dependents for ZIP Code 30823	337
Total Adjusted Gross Income for ZIP Code 30823	25,124,014
Average Income per Person for ZIP Code 30823	$13,958

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]	133
Number of joint returns	20
Number of returns with paid preparer's signature	103
Number of exemptions	175
Number of dependents	36
Adjust gross income (AGI) [2]	$449,328
Salaries and wages	$530,605
Taxable interest	$11,183
Ordinary dividends	$0
Business or professional net income (less loss)	$89,253
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$52,271
Unemployment compensation [3]	$33,823
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	$6,565
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$15,663
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$79,696
Excess earned income credit (refundable) [7]	$68,410
Alternative minimum tax	$0
Income tax [8]	$1,505
Total tax liability [9]	$21,907
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($118,885)

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

Number of returns [1]	211
Number of joint returns	36
Number of returns with paid preparer's signature	163
Number of exemptions	440
Number of dependents	125
Adjust gross income (AGI) [2]	$3,592,033
Salaries and wages	$2,987,322
Taxable interest	$32,513
Ordinary dividends	$7,327
Business or professional net income (less loss)	$180,766
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$95,112
Taxable pensions and annuities	$294,981
Unemployment compensation [3]	$72,900
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$144,285
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$13,399
Mortgage interest paid	$0
Contributions	$0
Taxable income	$786,549
Total tax credits [5]	$16,370
Residential energy tax credit	$0
Child tax credit	$9,992
Child and dependent care credit	$0
Earned income credit [6]	$395,753
Excess earned income credit (refundable) [7]	$366,130
Alternative minimum tax	$0
Income tax [8]	$68,799
Total tax liability [9]	$100,826
Tax due at time of filing [10]	$18,137
Overpayments refunded [11]	($635,577)

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

Number of returns [1]	162
Number of joint returns	73
Number of returns with paid preparer's signature	126
Number of exemptions	418
Number of dependents	91
Adjust gross income (AGI) [2]	$5,712,992
Salaries and wages	$4,870,093
Taxable interest	$35,599
Ordinary dividends	$0
Business or professional net income (less loss)	$192,152
Net capital gain (less loss)	$29,228
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$460,946
Unemployment compensation [3]	$0
Taxable Social Security benefits	$64,512
Self-employment retirement plans	$0
Total itemized deductions [4]	$629,330
State and local income taxes	$79,760
State and local general sales tax	$7,777
Real estate taxes	$35,751
Taxes paid	$123,067
Mortgage interest paid	$180,155
Contributions	$110,803
Taxable income	$2,593,435
Total tax credits [5]	$81,725
Residential energy tax credit	$0
Child tax credit	$58,124
Child and dependent care credit	$11,610
Earned income credit [6]	$72,658
Excess earned income credit (refundable) [7]	$57,964
Alternative minimum tax	$0
Income tax [8]	$226,881
Total tax liability [9]	$276,653
Tax due at time of filing [10]	$27,333
Overpayments refunded [11]	($414,310)

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

Number of returns [1]	74
Number of joint returns	58
Number of returns with paid preparer's signature	58
Number of exemptions	212
Number of dependents	42
Adjust gross income (AGI) [2]	$4,436,656
Salaries and wages	$3,354,497
Taxable interest	$38,404
Ordinary dividends	$6,833
Business or professional net income (less loss)	$223,683
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$146,045
Taxable pensions and annuities	$400,838
Unemployment compensation [3]	$10,594
Taxable Social Security benefits	$182,653
Self-employment retirement plans	$0
Total itemized deductions [4]	$579,849
State and local income taxes	$78,229
State and local general sales tax	$0
Real estate taxes	$45,598
Taxes paid	$144,696
Mortgage interest paid	$148,833
Contributions	$114,468
Taxable income	$2,673,537
Total tax credits [5]	$63,465
Residential energy tax credit	$0
Child tax credit	$50,064
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$288,249
Total tax liability [9]	$342,581
Tax due at time of filing [10]	$72,296
Overpayments refunded [11]	($162,719)

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

Number of returns [1]	41
Number of joint returns	36
Number of returns with paid preparer's signature	34
Number of exemptions	104
Number of dependents	17
Adjust gross income (AGI) [2]	$3,511,068
Salaries and wages	$2,567,516
Taxable interest	$14,990
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$448,416
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$537,837
State and local income taxes	$103,961
State and local general sales tax	$0
Real estate taxes	$40,858
Taxes paid	$155,299
Mortgage interest paid	$147,981
Contributions	$114,543
Taxable income	$2,468,681
Total tax credits [5]	$26,379
Residential energy tax credit	$0
Child tax credit	$19,000
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$324,123
Total tax liability [9]	$336,085
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($85,916)

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

Number of returns [1]	47
Number of joint returns	39
Number of returns with paid preparer's signature	34
Number of exemptions	138
Number of dependents	26
Adjust gross income (AGI) [2]	$7,421,937
Salaries and wages	$3,552,989
Taxable interest	$87,094
Ordinary dividends	$39,207
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$554,692
Taxable individual retirement arrangements distributions	$489,159
Taxable pensions and annuities	$710,895
Unemployment compensation [3]	$0
Taxable Social Security benefits	$199,549
Self-employment retirement plans	$0
Total itemized deductions [4]	$738,332
State and local income taxes	$247,753
State and local general sales tax	$0
Real estate taxes	$53,353
Taxes paid	$330,348
Mortgage interest paid	$152,046
Contributions	$238,388
Taxable income	$5,983,766
Total tax credits [5]	$20,540
Residential energy tax credit	$0
Child tax credit	$18,300
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$1,076,387
Total tax liability [9]	$1,133,280
Tax due at time of filing [10]	$140,543
Overpayments refunded [11]	($92,455)

[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.