Home » Florida » MIAMI-DADE County » ZIP Code 33033 » Tax Stats

33033 Income Tax Overview

Total Number of Tax Returns for ZIP Code 33033 [1]	18,687
Total Number of Joint Tax Returns for ZIP Code 33033	5,053
Total Number of Dependents for ZIP Code 33033	10,082
Total Adjusted Gross Income for ZIP Code 33033	592,484,454
Average Income per Person for ZIP Code 33033	$12,085

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]	3,816
Number of joint returns	380
Number of returns with paid preparer's signature	2,580
Number of exemptions	5,119
Number of dependents	1,122
Adjust gross income (AGI) [2]	$18,860,873
Salaries and wages	$16,029,860
Taxable interest	$330,585
Ordinary dividends	$94,377
Business or professional net income (less loss)	$4,995,681
Net capital gain (less loss)	($29,209)
Taxable individual retirement arrangements distributions	$170,553
Taxable pensions and annuities	$395,625
Unemployment compensation [3]	$482,173
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,334,486
State and local income taxes	$0
State and local general sales tax	$32,534
Real estate taxes	$428,430
Taxes paid	$495,063
Mortgage interest paid	$1,301,509
Contributions	$46,660
Taxable income	$612,581
Total tax credits [5]	$1,572
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$2,938,852
Excess earned income credit (refundable) [7]	$2,294,505
Alternative minimum tax	$0
Income tax [8]	$59,569
Total tax liability [9]	$940,940
Tax due at time of filing [10]	$163,804
Overpayments refunded [11]	($4,910,243)

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

Number of returns [1]	6,692
Number of joint returns	1,141
Number of returns with paid preparer's signature	5,010
Number of exemptions	15,248
Number of dependents	4,370
Adjust gross income (AGI) [2]	$112,297,896
Salaries and wages	$93,062,146
Taxable interest	$733,739
Ordinary dividends	$188,484
Business or professional net income (less loss)	$15,158,587
Net capital gain (less loss)	($84,770)
Taxable individual retirement arrangements distributions	$357,048
Taxable pensions and annuities	$2,437,954
Unemployment compensation [3]	$2,106,766
Taxable Social Security benefits	$87,925
Self-employment retirement plans	$0
Total itemized deductions [4]	$13,820,526
State and local income taxes	$36,092
State and local general sales tax	$388,213
Real estate taxes	$1,247,579
Taxes paid	$1,758,708
Mortgage interest paid	$4,477,092
Contributions	$669,470
Taxable income	$20,060,539
Total tax credits [5]	$769,475
Residential energy tax credit	$0
Child tax credit	$302,315
Child and dependent care credit	$100,670
Earned income credit [6]	$14,220,745
Excess earned income credit (refundable) [7]	$12,083,460
Alternative minimum tax	$0
Income tax [8]	$1,385,342
Total tax liability [9]	$3,840,733
Tax due at time of filing [10]	$280,049
Overpayments refunded [11]	($22,989,968)

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

Number of returns [1]	4,721
Number of joint returns	1,383
Number of returns with paid preparer's signature	3,273
Number of exemptions	11,027
Number of dependents	2,682
Adjust gross income (AGI) [2]	$166,422,188
Salaries and wages	$156,461,983
Taxable interest	$992,665
Ordinary dividends	$339,182
Business or professional net income (less loss)	$1,910,345
Net capital gain (less loss)	$14,439
Taxable individual retirement arrangements distributions	$886,451
Taxable pensions and annuities	$4,696,347
Unemployment compensation [3]	$990,836
Taxable Social Security benefits	$1,154,409
Self-employment retirement plans	$0
Total itemized deductions [4]	$33,888,320
State and local income taxes	$166,437
State and local general sales tax	$1,514,856
Real estate taxes	$3,804,850
Taxes paid	$5,807,380
Mortgage interest paid	$12,844,810
Contributions	$2,837,594
Taxable income	$72,258,374
Total tax credits [5]	$2,879,256
Residential energy tax credit	$7,781
Child tax credit	$1,571,586
Child and dependent care credit	$370,348
Earned income credit [6]	$1,907,229
Excess earned income credit (refundable) [7]	$1,623,282
Alternative minimum tax	$0
Income tax [8]	$5,962,423
Total tax liability [9]	$6,646,358
Tax due at time of filing [10]	$422,974
Overpayments refunded [11]	($15,702,042)

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

Number of returns [1]	1,793
Number of joint returns	903
Number of returns with paid preparer's signature	1,157
Number of exemptions	4,421
Number of dependents	958
Adjust gross income (AGI) [2]	$109,506,795
Salaries and wages	$100,520,627
Taxable interest	$756,169
Ordinary dividends	$239,560
Business or professional net income (less loss)	$1,214,425
Net capital gain (less loss)	$68,142
Taxable individual retirement arrangements distributions	$733,087
Taxable pensions and annuities	$4,578,558
Unemployment compensation [3]	$480,219
Taxable Social Security benefits	$1,632,567
Self-employment retirement plans	$0
Total itemized deductions [4]	$24,171,317
State and local income taxes	$101,011
State and local general sales tax	$1,196,177
Real estate taxes	$3,165,137
Taxes paid	$4,661,589
Mortgage interest paid	$10,263,565
Contributions	$2,017,174
Taxable income	$63,302,378
Total tax credits [5]	$1,492,299
Residential energy tax credit	$8,760
Child tax credit	$1,070,833
Child and dependent care credit	$148,648
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$25,135
Income tax [8]	$7,524,918
Total tax liability [9]	$7,855,078
Tax due at time of filing [10]	$437,395
Overpayments refunded [11]	($6,695,787)

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

Number of returns [1]	890
Number of joint returns	618
Number of returns with paid preparer's signature	566
Number of exemptions	2,475
Number of dependents	510
Adjust gross income (AGI) [2]	$76,507,313
Salaries and wages	$70,015,497
Taxable interest	$566,960
Ordinary dividends	$231,993
Business or professional net income (less loss)	$739,017
Net capital gain (less loss)	$199,164
Taxable individual retirement arrangements distributions	$580,211
Taxable pensions and annuities	$3,371,034
Unemployment compensation [3]	$121,226
Taxable Social Security benefits	$1,057,039
Self-employment retirement plans	$0
Total itemized deductions [4]	$16,475,380
State and local income taxes	$122,767
State and local general sales tax	$755,288
Real estate taxes	$2,307,687
Taxes paid	$3,308,730
Mortgage interest paid	$7,614,086
Contributions	$1,573,107
Taxable income	$48,793,466
Total tax credits [5]	$976,956
Residential energy tax credit	$7,406
Child tax credit	$651,631
Child and dependent care credit	$94,547
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$27,618
Income tax [8]	$6,423,093
Total tax liability [9]	$6,657,198
Tax due at time of filing [10]	$366,463
Overpayments refunded [11]	($4,004,145)

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

Number of returns [1]	717
Number of joint returns	586
Number of returns with paid preparer's signature	449
Number of exemptions	2,094
Number of dependents	415
Adjust gross income (AGI) [2]	$90,909,124
Salaries and wages	$81,097,965
Taxable interest	$1,027,979
Ordinary dividends	$499,107
Business or professional net income (less loss)	$796,749
Net capital gain (less loss)	$277,429
Taxable individual retirement arrangements distributions	$1,759,325
Taxable pensions and annuities	$4,355,292
Unemployment compensation [3]	$89,826
Taxable Social Security benefits	$994,304
Self-employment retirement plans	$0
Total itemized deductions [4]	$16,636,573
State and local income taxes	$210,919
State and local general sales tax	$900,768
Real estate taxes	$2,480,228
Taxes paid	$3,663,512
Mortgage interest paid	$8,030,870
Contributions	$1,751,983
Taxable income	$65,272,464
Total tax credits [5]	$496,931
Residential energy tax credit	$0
Child tax credit	$333,204
Child and dependent care credit	$88,186
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$57,717
Income tax [8]	$11,194,660
Total tax liability [9]	$11,449,039
Tax due at time of filing [10]	$645,009
Overpayments refunded [11]	($2,984,800)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	58
Number of joint returns	42
Number of returns with paid preparer's signature	40
Number of exemptions	145
Number of dependents	25
Adjust gross income (AGI) [2]	$17,980,265
Salaries and wages	$11,452,537
Taxable interest	$414,141
Ordinary dividends	$401,434
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$137,794
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,354,245
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,189,550
State and local income taxes	$0
State and local general sales tax	$116,615
Real estate taxes	$282,200
Taxes paid	$416,764
Mortgage interest paid	$603,644
Contributions	$165,827
Taxable income	$15,245,968
Total tax credits [5]	$5,799
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	$44,072
Income tax [8]	$3,904,868
Total tax liability [9]	$3,987,921
Tax due at time of filing [10]	$513,755
Overpayments refunded [11]	($146,778)

[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.