Home » Florida » FLAGLER County » ZIP Code 32110 » Tax Stats

32110 Income Tax Overview

Total Number of Tax Returns for ZIP Code 32110 [1]	3,292
Total Number of Joint Tax Returns for ZIP Code 32110	1,189
Total Number of Dependents for ZIP Code 32110	1,260
Total Adjusted Gross Income for ZIP Code 32110	106,839,955
Average Income per Person for ZIP Code 32110	$14,058

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]	725
Number of joint returns	121
Number of returns with paid preparer's signature	354
Number of exemptions	1,056
Number of dependents	191
Adjust gross income (AGI) [2]	$2,308,281
Salaries and wages	$3,275,705
Taxable interest	$242,249
Ordinary dividends	$95,492
Business or professional net income (less loss)	$155,164
Net capital gain (less loss)	$206,082
Taxable individual retirement arrangements distributions	$94,843
Taxable pensions and annuities	$296,283
Unemployment compensation [3]	$173,284
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$741,383
State and local income taxes	$0
State and local general sales tax	$11,078
Real estate taxes	$104,242
Taxes paid	$123,062
Mortgage interest paid	$356,994
Contributions	$0
Taxable income	$72,880
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$410,176
Excess earned income credit (refundable) [7]	$365,465
Alternative minimum tax	$0
Income tax [8]	$7,106
Total tax liability [9]	$77,243
Tax due at time of filing [10]	$19,211
Overpayments refunded [11]	($715,905)

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

Number of returns [1]	1,075
Number of joint returns	220
Number of returns with paid preparer's signature	516
Number of exemptions	2,007
Number of dependents	450
Adjust gross income (AGI) [2]	$18,125,808
Salaries and wages	$14,301,413
Taxable interest	$439,754
Ordinary dividends	$133,430
Business or professional net income (less loss)	$1,259,212
Net capital gain (less loss)	$93,722
Taxable individual retirement arrangements distributions	$283,019
Taxable pensions and annuities	$1,327,695
Unemployment compensation [3]	$469,713
Taxable Social Security benefits	$25,337
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,313,781
State and local income taxes	$0
State and local general sales tax	$42,611
Real estate taxes	$135,038
Taxes paid	$187,009
Mortgage interest paid	$438,243
Contributions	$74,697
Taxable income	$4,458,076
Total tax credits [5]	$72,712
Residential energy tax credit	$0
Child tax credit	$36,955
Child and dependent care credit	$4,732
Earned income credit [6]	$1,377,694
Excess earned income credit (refundable) [7]	$1,209,223
Alternative minimum tax	$0
Income tax [8]	$401,725
Total tax liability [9]	$621,964
Tax due at time of filing [10]	$45,072
Overpayments refunded [11]	($2,484,802)

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

Number of returns [1]	857
Number of joint returns	354
Number of returns with paid preparer's signature	441
Number of exemptions	1,812
Number of dependents	348
Adjust gross income (AGI) [2]	$30,245,943
Salaries and wages	$25,263,802
Taxable interest	$553,515
Ordinary dividends	$111,023
Business or professional net income (less loss)	$425,055
Net capital gain (less loss)	$121,474
Taxable individual retirement arrangements distributions	$452,864
Taxable pensions and annuities	$2,130,972
Unemployment compensation [3]	$270,334
Taxable Social Security benefits	$799,024
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,859,638
State and local income taxes	$25,806
State and local general sales tax	$112,242
Real estate taxes	$243,988
Taxes paid	$383,515
Mortgage interest paid	$1,268,662
Contributions	$198,251
Taxable income	$15,342,436
Total tax credits [5]	$314,101
Residential energy tax credit	$0
Child tax credit	$240,366
Child and dependent care credit	$19,387
Earned income credit [6]	$265,707
Excess earned income credit (refundable) [7]	$218,302
Alternative minimum tax	$0
Income tax [8]	$1,561,079
Total tax liability [9]	$1,681,521
Tax due at time of filing [10]	$94,028
Overpayments refunded [11]	($1,983,708)

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

Number of returns [1]	357
Number of joint returns	246
Number of returns with paid preparer's signature	212
Number of exemptions	875
Number of dependents	154
Adjust gross income (AGI) [2]	$21,936,431
Salaries and wages	$16,409,841
Taxable interest	$530,764
Ordinary dividends	$151,543
Business or professional net income (less loss)	$398,557
Net capital gain (less loss)	$215,845
Taxable individual retirement arrangements distributions	$586,000
Taxable pensions and annuities	$2,223,335
Unemployment compensation [3]	$149,668
Taxable Social Security benefits	$1,153,632
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,152,712
State and local income taxes	$0
State and local general sales tax	$117,715
Real estate taxes	$234,239
Taxes paid	$363,428
Mortgage interest paid	$1,242,877
Contributions	$327,656
Taxable income	$13,818,032
Total tax credits [5]	$188,727
Residential energy tax credit	$0
Child tax credit	$163,158
Child and dependent care credit	$10,205
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$1,720,034
Total tax liability [9]	$1,810,045
Tax due at time of filing [10]	$157,646
Overpayments refunded [11]	($818,949)

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

Number of returns [1]	140
Number of joint returns	125
Number of returns with paid preparer's signature	83
Number of exemptions	379
Number of dependents	60
Adjust gross income (AGI) [2]	$11,913,027
Salaries and wages	$9,285,171
Taxable interest	$344,854
Ordinary dividends	$95,488
Business or professional net income (less loss)	$108,052
Net capital gain (less loss)	$163,606
Taxable individual retirement arrangements distributions	$316,812
Taxable pensions and annuities	$960,586
Unemployment compensation [3]	$37,445
Taxable Social Security benefits	$419,125
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,857,985
State and local income taxes	$43,807
State and local general sales tax	$79,840
Real estate taxes	$198,579
Taxes paid	$306,616
Mortgage interest paid	$824,012
Contributions	$240,027
Taxable income	$8,062,264
Total tax credits [5]	$100,312
Residential energy tax credit	$0
Child tax credit	$76,362
Child and dependent care credit	$9,317
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$1,034,160
Total tax liability [9]	$1,079,382
Tax due at time of filing [10]	$120,229
Overpayments refunded [11]	($449,833)

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

Number of returns [1]	116
Number of joint returns	106
Number of returns with paid preparer's signature	86
Number of exemptions	312
Number of dependents	57
Adjust gross income (AGI) [2]	$14,934,926
Salaries and wages	$9,048,966
Taxable interest	$730,988
Ordinary dividends	$350,768
Business or professional net income (less loss)	($70,210)
Net capital gain (less loss)	$1,581,904
Taxable individual retirement arrangements distributions	$409,194
Taxable pensions and annuities	$1,624,191
Unemployment compensation [3]	$0
Taxable Social Security benefits	$664,065
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,749,223
State and local income taxes	$0
State and local general sales tax	$111,832
Real estate taxes	$240,446
Taxes paid	$397,591
Mortgage interest paid	$655,250
Contributions	$290,076
Taxable income	$11,520,601
Total tax credits [5]	$48,806
Residential energy tax credit	$0
Child tax credit	$36,250
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]	$1,900,390
Total tax liability [9]	$1,953,427
Tax due at time of filing [10]	$257,791
Overpayments refunded [11]	($381,322)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	22
Number of joint returns	17
Number of returns with paid preparer's signature	20
Number of exemptions	54
Number of dependents	0
Adjust gross income (AGI) [2]	$7,375,539
Salaries and wages	$2,937,883
Taxable interest	$200,130
Ordinary dividends	$74,896
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$629,835
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]	$620,244
State and local income taxes	$0
State and local general sales tax	$30,680
Real estate taxes	$110,104
Taxes paid	$162,358
Mortgage interest paid	$242,404
Contributions	$139,736
Taxable income	$6,529,185
Total tax credits [5]	$0
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	$77,326
Income tax [8]	$1,593,218
Total tax liability [9]	$1,664,779
Tax due at time of filing [10]	$495,325
Overpayments refunded [11]	$0

[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.