Home » Florida » SAINT JOHNS County » ZIP Code 32259 » Tax Stats

32259 Income Tax Overview

Total Number of Tax Returns for ZIP Code 32259 [1]	15,634
Total Number of Joint Tax Returns for ZIP Code 32259	8,868
Total Number of Dependents for ZIP Code 32259	7,122
Total Adjusted Gross Income for ZIP Code 32259	1,388,995,076
Average Income per Person for ZIP Code 32259	$37,625

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]	2,606
Number of joint returns	217
Number of returns with paid preparer's signature	1,001
Number of exemptions	1,621
Number of dependents	212
Adjust gross income (AGI) [2]	$6,620,789
Salaries and wages	$12,772,667
Taxable interest	$1,400,079
Ordinary dividends	$814,607
Business or professional net income (less loss)	($163,285)
Net capital gain (less loss)	$50,371
Taxable individual retirement arrangements distributions	$427,715
Taxable pensions and annuities	$1,152,737
Unemployment compensation [3]	$109,929
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,792,655
State and local income taxes	$30,747
State and local general sales tax	$66,949
Real estate taxes	$929,671
Taxes paid	$1,059,553
Mortgage interest paid	$2,904,273
Contributions	$85,869
Taxable income	$1,065,064
Total tax credits [5]	$3,052
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$332,994
Excess earned income credit (refundable) [7]	$281,341
Alternative minimum tax	$0
Income tax [8]	$109,526
Total tax liability [9]	$297,867
Tax due at time of filing [10]	$78,858
Overpayments refunded [11]	($1,735,884)

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

Number of returns [1]	1,824
Number of joint returns	309
Number of returns with paid preparer's signature	744
Number of exemptions	2,479
Number of dependents	375
Adjust gross income (AGI) [2]	$30,791,162
Salaries and wages	$22,960,016
Taxable interest	$1,263,723
Ordinary dividends	$783,997
Business or professional net income (less loss)	$1,592,732
Net capital gain (less loss)	$11,724
Taxable individual retirement arrangements distributions	$1,260,574
Taxable pensions and annuities	$3,592,181
Unemployment compensation [3]	$309,157
Taxable Social Security benefits	$198,018
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,307,891
State and local income taxes	$14,429
State and local general sales tax	$161,749
Real estate taxes	$773,258
Taxes paid	$969,707
Mortgage interest paid	$2,681,281
Contributions	$368,485
Taxable income	$10,074,106
Total tax credits [5]	$119,083
Residential energy tax credit	$0
Child tax credit	$33,988
Child and dependent care credit	$12,612
Earned income credit [6]	$997,862
Excess earned income credit (refundable) [7]	$833,506
Alternative minimum tax	$0
Income tax [8]	$955,506
Total tax liability [9]	$1,296,156
Tax due at time of filing [10]	$126,964
Overpayments refunded [11]	($2,820,660)

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

Number of returns [1]	2,219
Number of joint returns	816
Number of returns with paid preparer's signature	1,034
Number of exemptions	4,401
Number of dependents	804
Adjust gross income (AGI) [2]	$83,104,757
Salaries and wages	$63,393,301
Taxable interest	$2,457,235
Ordinary dividends	$1,492,076
Business or professional net income (less loss)	$2,606,573
Net capital gain (less loss)	$21,859
Taxable individual retirement arrangements distributions	$2,925,093
Taxable pensions and annuities	$8,471,593
Unemployment compensation [3]	$507,165
Taxable Social Security benefits	$2,913,091
Self-employment retirement plans	$96,417
Total itemized deductions [4]	$19,505,736
State and local income taxes	$102,470
State and local general sales tax	$616,255
Real estate taxes	$2,732,371
Taxes paid	$3,547,845
Mortgage interest paid	$9,338,925
Contributions	$1,726,295
Taxable income	$40,698,211
Total tax credits [5]	$803,324
Residential energy tax credit	$0
Child tax credit	$519,197
Child and dependent care credit	$90,044
Earned income credit [6]	$320,165
Excess earned income credit (refundable) [7]	$228,055
Alternative minimum tax	$0
Income tax [8]	$4,266,958
Total tax liability [9]	$4,856,783
Tax due at time of filing [10]	$401,013
Overpayments refunded [11]	($5,211,732)

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

Number of returns [1]	2,015
Number of joint returns	1,267
Number of returns with paid preparer's signature	994
Number of exemptions	5,243
Number of dependents	1,080
Adjust gross income (AGI) [2]	$126,518,955
Salaries and wages	$98,955,341
Taxable interest	$2,423,323
Ordinary dividends	$2,342,443
Business or professional net income (less loss)	$2,531,513
Net capital gain (less loss)	$365,120
Taxable individual retirement arrangements distributions	$3,604,131
Taxable pensions and annuities	$11,849,376
Unemployment compensation [3]	$439,564
Taxable Social Security benefits	$4,457,672
Self-employment retirement plans	$0
Total itemized deductions [4]	$27,588,464
State and local income taxes	$209,109
State and local general sales tax	$1,142,207
Real estate taxes	$4,051,582
Taxes paid	$5,514,788
Mortgage interest paid	$15,068,567
Contributions	$2,620,461
Taxable income	$73,879,322
Total tax credits [5]	$1,641,594
Residential energy tax credit	$9,212
Child tax credit	$1,351,396
Child and dependent care credit	$97,782
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$11,227
Income tax [8]	$8,564,901
Total tax liability [9]	$9,290,753
Tax due at time of filing [10]	$677,059
Overpayments refunded [11]	($6,168,339)

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

Number of returns [1]	2,040
Number of joint returns	1,677
Number of returns with paid preparer's signature	935
Number of exemptions	6,047
Number of dependents	1,222
Adjust gross income (AGI) [2]	$178,402,226
Salaries and wages	$146,779,031
Taxable interest	$3,001,047
Ordinary dividends	$3,064,696
Business or professional net income (less loss)	$2,960,778
Net capital gain (less loss)	$726,691
Taxable individual retirement arrangements distributions	$3,923,301
Taxable pensions and annuities	$14,167,201
Unemployment compensation [3]	$390,059
Taxable Social Security benefits	$5,191,612
Self-employment retirement plans	$160,834
Total itemized deductions [4]	$37,263,828
State and local income taxes	$329,785
State and local general sales tax	$1,664,912
Real estate taxes	$5,449,366
Taxes paid	$7,562,412
Mortgage interest paid	$20,132,037
Contributions	$4,174,490
Taxable income	$115,424,806
Total tax credits [5]	$2,159,450
Residential energy tax credit	$0
Child tax credit	$1,751,873
Child and dependent care credit	$134,030
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$14,516,106
Total tax liability [9]	$15,264,552
Tax due at time of filing [10]	$603,035
Overpayments refunded [11]	($7,563,996)

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

Number of returns [1]	3,836
Number of joint returns	3,553
Number of returns with paid preparer's signature	1,789
Number of exemptions	12,515
Number of dependents	2,661
Adjust gross income (AGI) [2]	$519,404,359
Salaries and wages	$444,267,154
Taxable interest	$6,681,180
Ordinary dividends	$5,868,291
Business or professional net income (less loss)	$8,792,279
Net capital gain (less loss)	$3,845,634
Taxable individual retirement arrangements distributions	$9,173,585
Taxable pensions and annuities	$26,270,727
Unemployment compensation [3]	$616,901
Taxable Social Security benefits	$5,839,558
Self-employment retirement plans	$404,548
Total itemized deductions [4]	$90,155,197
State and local income taxes	$1,296,392
State and local general sales tax	$4,903,738
Real estate taxes	$13,923,020
Taxes paid	$20,438,824
Mortgage interest paid	$50,581,531
Contributions	$11,799,344
Taxable income	$379,118,021
Total tax credits [5]	$2,401,658
Residential energy tax credit	$33,388
Child tax credit	$1,782,451
Child and dependent care credit	$311,752
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$184,401
Income tax [8]	$65,195,588
Total tax liability [9]	$67,016,925
Tax due at time of filing [10]	$3,579,486
Overpayments refunded [11]	($13,580,732)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	1,094
Number of joint returns	1,029
Number of returns with paid preparer's signature	710
Number of exemptions	3,698
Number of dependents	768
Adjust gross income (AGI) [2]	$444,152,828
Salaries and wages	$293,180,015
Taxable interest	$7,968,083
Ordinary dividends	$9,032,412
Business or professional net income (less loss)	$6,821,002
Net capital gain (less loss)	$41,436,904
Taxable individual retirement arrangements distributions	$5,690,470
Taxable pensions and annuities	$7,092,000
Unemployment compensation [3]	$111,398
Taxable Social Security benefits	$1,473,849
Self-employment retirement plans	$1,161,993
Total itemized deductions [4]	$44,234,394
State and local income taxes	$2,531,425
State and local general sales tax	$2,343,688
Real estate taxes	$7,619,698
Taxes paid	$12,662,669
Mortgage interest paid	$20,946,558
Contributions	$8,691,288
Taxable income	$388,082,135
Total tax credits [5]	$809,572
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$53,568
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$1,338,995
Income tax [8]	$100,825,796
Total tax liability [9]	$102,367,735
Tax due at time of filing [10]	$9,512,787
Overpayments refunded [11]	($6,829,216)

[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.