Home » Alabama » LAUDERDALE County » ZIP Code 35645 » Tax Stats

35645 Income Tax Overview

Total Number of Tax Returns for ZIP Code 35645 [1]	5,630
Total Number of Joint Tax Returns for ZIP Code 35645	3,088
Total Number of Dependents for ZIP Code 35645	2,186
Total Adjusted Gross Income for ZIP Code 35645	311,621,231
Average Income per Person for ZIP Code 35645	$22,164

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]	940
Number of joint returns	148
Number of returns with paid preparer's signature	641
Number of exemptions	889
Number of dependents	116
Adjust gross income (AGI) [2]	$4,117,133
Salaries and wages	$3,694,551
Taxable interest	$235,915
Ordinary dividends	$44,253
Business or professional net income (less loss)	$224,095
Net capital gain (less loss)	($55,316)
Taxable individual retirement arrangements distributions	$126,447
Taxable pensions and annuities	$511,410
Unemployment compensation [3]	$68,547
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$505,913
State and local income taxes	$9,704
State and local general sales tax	$8,247
Real estate taxes	$14,568
Taxes paid	$36,387
Mortgage interest paid	$261,229
Contributions	$35,486
Taxable income	$263,524
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$327,127
Excess earned income credit (refundable) [7]	$264,096
Alternative minimum tax	$0
Income tax [8]	$25,543
Total tax liability [9]	$142,998
Tax due at time of filing [10]	$38,581
Overpayments refunded [11]	($597,643)

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

Number of returns [1]	1,247
Number of joint returns	389
Number of returns with paid preparer's signature	954
Number of exemptions	2,228
Number of dependents	401
Adjust gross income (AGI) [2]	$21,408,370
Salaries and wages	$15,007,877
Taxable interest	$743,537
Ordinary dividends	$144,097
Business or professional net income (less loss)	$1,602,063
Net capital gain (less loss)	$35,435
Taxable individual retirement arrangements distributions	$541,413
Taxable pensions and annuities	$3,442,254
Unemployment compensation [3]	$267,304
Taxable Social Security benefits	$123,308
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,109,690
State and local income taxes	$41,835
State and local general sales tax	$72,071
Real estate taxes	$63,750
Taxes paid	$194,708
Mortgage interest paid	$618,907
Contributions	$252,483
Taxable income	$5,321,026
Total tax credits [5]	$75,489
Residential energy tax credit	$0
Child tax credit	$34,169
Child and dependent care credit	$6,212
Earned income credit [6]	$1,211,746
Excess earned income credit (refundable) [7]	$1,045,305
Alternative minimum tax	$0
Income tax [8]	$493,443
Total tax liability [9]	$794,812
Tax due at time of filing [10]	$100,480
Overpayments refunded [11]	($2,488,110)

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

Number of returns [1]	1,237
Number of joint returns	670
Number of returns with paid preparer's signature	1,007
Number of exemptions	2,734
Number of dependents	486
Adjust gross income (AGI) [2]	$45,070,444
Salaries and wages	$33,745,235
Taxable interest	$1,043,934
Ordinary dividends	$285,744
Business or professional net income (less loss)	$1,141,719
Net capital gain (less loss)	$45,385
Taxable individual retirement arrangements distributions	$1,031,160
Taxable pensions and annuities	$6,251,995
Unemployment compensation [3]	$385,123
Taxable Social Security benefits	$1,477,886
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,460,524
State and local income taxes	$379,766
State and local general sales tax	$129,987
Real estate taxes	$174,642
Taxes paid	$742,362
Mortgage interest paid	$1,513,686
Contributions	$803,934
Taxable income	$22,251,040
Total tax credits [5]	$468,958
Residential energy tax credit	$0
Child tax credit	$335,978
Child and dependent care credit	$18,142
Earned income credit [6]	$300,009
Excess earned income credit (refundable) [7]	$243,704
Alternative minimum tax	$0
Income tax [8]	$2,223,032
Total tax liability [9]	$2,562,987
Tax due at time of filing [10]	$234,138
Overpayments refunded [11]	($2,664,445)

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

Number of returns [1]	830
Number of joint returns	661
Number of returns with paid preparer's signature	664
Number of exemptions	2,248
Number of dependents	433
Adjust gross income (AGI) [2]	$51,643,179
Salaries and wages	$40,680,095
Taxable interest	$885,130
Ordinary dividends	$529,228
Business or professional net income (less loss)	$984,507
Net capital gain (less loss)	$151,930
Taxable individual retirement arrangements distributions	$887,782
Taxable pensions and annuities	$5,676,684
Unemployment compensation [3]	$372,557
Taxable Social Security benefits	$1,928,801
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,705,868
State and local income taxes	$783,146
State and local general sales tax	$107,181
Real estate taxes	$236,565
Taxes paid	$1,198,166
Mortgage interest paid	$2,319,214
Contributions	$1,057,344
Taxable income	$32,431,578
Total tax credits [5]	$715,348
Residential energy tax credit	$0
Child tax credit	$575,098
Child and dependent care credit	$32,148
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$3,654,852
Total tax liability [9]	$3,914,359
Tax due at time of filing [10]	$249,523
Overpayments refunded [11]	($2,085,522)

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

Number of returns [1]	621
Number of joint returns	534
Number of returns with paid preparer's signature	495
Number of exemptions	1,773
Number of dependents	348
Adjust gross income (AGI) [2]	$53,495,673
Salaries and wages	$43,835,565
Taxable interest	$1,031,410
Ordinary dividends	$358,994
Business or professional net income (less loss)	$532,962
Net capital gain (less loss)	$579,049
Taxable individual retirement arrangements distributions	$817,193
Taxable pensions and annuities	$4,146,869
Unemployment compensation [3]	$262,669
Taxable Social Security benefits	$1,811,893
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,844,980
State and local income taxes	$1,234,805
State and local general sales tax	$73,490
Real estate taxes	$310,760
Taxes paid	$1,706,941
Mortgage interest paid	$2,947,420
Contributions	$1,476,260
Taxable income	$37,159,795
Total tax credits [5]	$588,826
Residential energy tax credit	$0
Child tax credit	$440,331
Child and dependent care credit	$29,551
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$4,749,219
Total tax liability [9]	$4,942,940
Tax due at time of filing [10]	$307,716
Overpayments refunded [11]	($1,884,400)

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

Number of returns [1]	638
Number of joint returns	580
Number of returns with paid preparer's signature	483
Number of exemptions	1,823
Number of dependents	336
Adjust gross income (AGI) [2]	$82,011,438
Salaries and wages	$64,473,963
Taxable interest	$1,539,583
Ordinary dividends	$853,020
Business or professional net income (less loss)	$1,612,063
Net capital gain (less loss)	$1,294,127
Taxable individual retirement arrangements distributions	$1,557,939
Taxable pensions and annuities	$7,177,628
Unemployment compensation [3]	$221,528
Taxable Social Security benefits	$1,579,944
Self-employment retirement plans	$296,288
Total itemized deductions [4]	$12,144,780
State and local income taxes	$2,384,260
State and local general sales tax	$136,416
Real estate taxes	$489,782
Taxes paid	$3,137,513
Mortgage interest paid	$4,527,348
Contributions	$2,579,876
Taxable income	$62,266,883
Total tax credits [5]	$331,927
Residential energy tax credit	$0
Child tax credit	$245,350
Child and dependent care credit	$19,842
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$75,092
Income tax [8]	$10,731,185
Total tax liability [9]	$11,084,381
Tax due at time of filing [10]	$882,071
Overpayments refunded [11]	($1,641,787)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	117
Number of joint returns	106
Number of returns with paid preparer's signature	98
Number of exemptions	342
Number of dependents	66
Adjust gross income (AGI) [2]	$53,874,994
Salaries and wages	$23,288,737
Taxable interest	$1,132,213
Ordinary dividends	$2,118,391
Business or professional net income (less loss)	$6,122,387
Net capital gain (less loss)	$3,364,329
Taxable individual retirement arrangements distributions	$1,114,992
Taxable pensions and annuities	$1,663,350
Unemployment compensation [3]	$0
Taxable Social Security benefits	$458,339
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,909,755
State and local income taxes	$1,711,413
State and local general sales tax	$0
Real estate taxes	$371,197
Taxes paid	$2,128,608
Mortgage interest paid	$1,655,792
Contributions	$1,548,464
Taxable income	$45,926,189
Total tax credits [5]	$52,971
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	$237,019
Income tax [8]	$12,414,568
Total tax liability [9]	$12,775,632
Tax due at time of filing [10]	$2,295,376
Overpayments refunded [11]	($461,602)

[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.