Home » Georgia » HOUSTON County » ZIP Code 31098 » Tax Stats

31098 Income Tax Overview

Total Number of Tax Returns for ZIP Code 31098 [1]	1,145
Total Number of Joint Tax Returns for ZIP Code 31098	492
Total Number of Dependents for ZIP Code 31098	505
Total Adjusted Gross Income for ZIP Code 31098	38,370,927
Average Income per Person for ZIP Code 31098	$13,286

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]	119
Number of joint returns	10
Number of returns with paid preparer's signature	32
Number of exemptions	118
Number of dependents	16
Adjust gross income (AGI) [2]	$524,571
Salaries and wages	$680,123
Taxable interest	$1,994
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	($329)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
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	$42,075
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$27,262
Excess earned income credit (refundable) [7]	$25,725
Alternative minimum tax	$0
Income tax [8]	$3,355
Total tax liability [9]	$5,423
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($112,660)

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

Number of returns [1]	492
Number of joint returns	111
Number of returns with paid preparer's signature	120
Number of exemptions	819
Number of dependents	125
Adjust gross income (AGI) [2]	$8,394,412
Salaries and wages	$8,292,279
Taxable interest	$6,013
Ordinary dividends	$2,175
Business or professional net income (less loss)	$81,709
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$138,927
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$135,440
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$16,310
Mortgage interest paid	$0
Contributions	$0
Taxable income	$2,718,144
Total tax credits [5]	$35,600
Residential energy tax credit	$0
Child tax credit	$6,925
Child and dependent care credit	$5,906
Earned income credit [6]	$405,069
Excess earned income credit (refundable) [7]	$393,317
Alternative minimum tax	$0
Income tax [8]	$258,021
Total tax liability [9]	$271,853
Tax due at time of filing [10]	$11,782
Overpayments refunded [11]	($1,158,862)

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

Number of returns [1]	292
Number of joint returns	185
Number of returns with paid preparer's signature	97
Number of exemptions	869
Number of dependents	208
Adjust gross income (AGI) [2]	$10,515,172
Salaries and wages	$10,360,585
Taxable interest	$25,141
Ordinary dividends	$8,703
Business or professional net income (less loss)	($106,136)
Net capital gain (less loss)	($7,922)
Taxable individual retirement arrangements distributions	$15,593
Taxable pensions and annuities	$263,414
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$476,416
State and local income taxes	$38,098
State and local general sales tax	$20,784
Real estate taxes	$45,219
Taxes paid	$96,187
Mortgage interest paid	$247,719
Contributions	$114,774
Taxable income	$4,543,466
Total tax credits [5]	$240,105
Residential energy tax credit	$0
Child tax credit	$166,154
Child and dependent care credit	$26,543
Earned income credit [6]	$170,754
Excess earned income credit (refundable) [7]	$166,645
Alternative minimum tax	$0
Income tax [8]	$295,571
Total tax liability [9]	$313,859
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($1,065,492)

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

Number of returns [1]	151
Number of joint returns	108
Number of returns with paid preparer's signature	51
Number of exemptions	453
Number of dependents	99
Adjust gross income (AGI) [2]	$9,238,086
Salaries and wages	$8,888,592
Taxable interest	$16,159
Ordinary dividends	$18,801
Business or professional net income (less loss)	($10,114)
Net capital gain (less loss)	$8,467
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$526,836
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$737,867
State and local income taxes	$91,085
State and local general sales tax	$0
Real estate taxes	$63,150
Taxes paid	$170,553
Mortgage interest paid	$341,530
Contributions	$136,798
Taxable income	$5,861,798
Total tax credits [5]	$205,499
Residential energy tax credit	$0
Child tax credit	$154,638
Child and dependent care credit	$20,538
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$616,000
Total tax liability [9]	$626,529
Tax due at time of filing [10]	$14,731
Overpayments refunded [11]	($465,395)

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

Number of returns [1]	50
Number of joint returns	40
Number of returns with paid preparer's signature	15
Number of exemptions	150
Number of dependents	31
Adjust gross income (AGI) [2]	$4,297,048
Salaries and wages	$3,881,143
Taxable interest	$21,378
Ordinary dividends	$9,712
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$639,175
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$366,436
State and local income taxes	$52,977
State and local general sales tax	$17,421
Real estate taxes	$30,479
Taxes paid	$100,073
Mortgage interest paid	$157,890
Contributions	$60,133
Taxable income	$3,105,942
Total tax credits [5]	$58,027
Residential energy tax credit	$0
Child tax credit	$44,850
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]	$408,545
Total tax liability [9]	$412,169
Tax due at time of filing [10]	$31,374
Overpayments refunded [11]	($107,998)

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

Number of returns [1]	41
Number of joint returns	38
Number of returns with paid preparer's signature	15
Number of exemptions	125
Number of dependents	26
Adjust gross income (AGI) [2]	$5,401,638
Salaries and wages	$4,686,859
Taxable interest	$16,839
Ordinary dividends	$35,917
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$35,998
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$584,671
State and local income taxes	$89,119
State and local general sales tax	$0
Real estate taxes	$63,028
Taxes paid	$178,894
Mortgage interest paid	$257,029
Contributions	$133,913
Taxable income	$3,953,416
Total tax credits [5]	$23,227
Residential energy tax credit	$0
Child tax credit	$18,550
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]	$658,229
Total tax liability [9]	$720,749
Tax due at time of filing [10]	$25,882
Overpayments refunded [11]	($121,916)

[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.