Home » Alabama » PIKE County » ZIP Code 36081 » Tax Stats

36081 Income Tax Overview

Total Number of Tax Returns for ZIP Code 36081 [1]	5,891
Total Number of Joint Tax Returns for ZIP Code 36081	1,690
Total Number of Dependents for ZIP Code 36081	2,599
Total Adjusted Gross Income for ZIP Code 36081	256,377,231
Average Income per Person for ZIP Code 36081	$16,793

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]	1,376
Number of joint returns	84
Number of returns with paid preparer's signature	927
Number of exemptions	1,681
Number of dependents	411
Adjust gross income (AGI) [2]	$6,023,535
Salaries and wages	$7,740,295
Taxable interest	$380,648
Ordinary dividends	$100,412
Business or professional net income (less loss)	$695,669
Net capital gain (less loss)	$9,538
Taxable individual retirement arrangements distributions	$59,744
Taxable pensions and annuities	$457,249
Unemployment compensation [3]	$102,259
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,232,303
State and local income taxes	$114,857
State and local general sales tax	$10,539
Real estate taxes	$36,584
Taxes paid	$169,926
Mortgage interest paid	$281,600
Contributions	$39,769
Taxable income	$278,848
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$938,958
Excess earned income credit (refundable) [7]	$853,353
Alternative minimum tax	$0
Income tax [8]	$29,061
Total tax liability [9]	$196,788
Tax due at time of filing [10]	$49,767
Overpayments refunded [11]	($1,746,766)

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

Number of returns [1]	1,842
Number of joint returns	226
Number of returns with paid preparer's signature	1,413
Number of exemptions	3,610
Number of dependents	1,032
Adjust gross income (AGI) [2]	$31,089,523
Salaries and wages	$27,491,770
Taxable interest	$528,620
Ordinary dividends	$150,664
Business or professional net income (less loss)	$1,064,508
Net capital gain (less loss)	$53,955
Taxable individual retirement arrangements distributions	$200,343
Taxable pensions and annuities	$1,869,754
Unemployment compensation [3]	$267,852
Taxable Social Security benefits	$69,226
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,416,860
State and local income taxes	$61,040
State and local general sales tax	$37,494
Real estate taxes	$51,920
Taxes paid	$184,933
Mortgage interest paid	$345,855
Contributions	$236,099
Taxable income	$7,152,353
Total tax credits [5]	$185,911
Residential energy tax credit	$0
Child tax credit	$94,245
Child and dependent care credit	$20,472
Earned income credit [6]	$3,212,944
Excess earned income credit (refundable) [7]	$3,045,666
Alternative minimum tax	$0
Income tax [8]	$582,038
Total tax liability [9]	$801,141
Tax due at time of filing [10]	$86,504
Overpayments refunded [11]	($5,559,465)

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

Number of returns [1]	1,297
Number of joint returns	348
Number of returns with paid preparer's signature	927
Number of exemptions	2,589
Number of dependents	574
Adjust gross income (AGI) [2]	$45,694,077
Salaries and wages	$38,195,378
Taxable interest	$1,124,699
Ordinary dividends	$359,451
Business or professional net income (less loss)	$624,732
Net capital gain (less loss)	$123,480
Taxable individual retirement arrangements distributions	$510,044
Taxable pensions and annuities	$3,895,714
Unemployment compensation [3]	$130,689
Taxable Social Security benefits	$1,141,017
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,919,289
State and local income taxes	$440,574
State and local general sales tax	$72,846
Real estate taxes	$129,823
Taxes paid	$685,414
Mortgage interest paid	$1,351,833
Contributions	$910,419
Taxable income	$24,300,105
Total tax credits [5]	$587,755
Residential energy tax credit	$0
Child tax credit	$388,127
Child and dependent care credit	$45,757
Earned income credit [6]	$383,669
Excess earned income credit (refundable) [7]	$316,567
Alternative minimum tax	$0
Income tax [8]	$2,414,958
Total tax liability [9]	$2,674,955
Tax due at time of filing [10]	$279,671
Overpayments refunded [11]	($2,846,687)

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

Number of returns [1]	567
Number of joint returns	339
Number of returns with paid preparer's signature	403
Number of exemptions	1,295
Number of dependents	217
Adjust gross income (AGI) [2]	$34,708,603
Salaries and wages	$26,936,778
Taxable interest	$800,753
Ordinary dividends	$403,210
Business or professional net income (less loss)	$615,269
Net capital gain (less loss)	$218,176
Taxable individual retirement arrangements distributions	$445,666
Taxable pensions and annuities	$3,474,017
Unemployment compensation [3]	$98,856
Taxable Social Security benefits	$1,664,617
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,301,119
State and local income taxes	$496,971
State and local general sales tax	$43,757
Real estate taxes	$130,961
Taxes paid	$709,337
Mortgage interest paid	$1,501,607
Contributions	$726,431
Taxable income	$22,782,935
Total tax credits [5]	$338,168
Residential energy tax credit	$0
Child tax credit	$259,161
Child and dependent care credit	$26,002
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$2,886,189
Total tax liability [9]	$3,072,022
Tax due at time of filing [10]	$294,987
Overpayments refunded [11]	($1,170,155)

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

Number of returns [1]	355
Number of joint returns	288
Number of returns with paid preparer's signature	265
Number of exemptions	957
Number of dependents	169
Adjust gross income (AGI) [2]	$30,650,107
Salaries and wages	$22,475,441
Taxable interest	$944,314
Ordinary dividends	$357,983
Business or professional net income (less loss)	$521,710
Net capital gain (less loss)	$354,484
Taxable individual retirement arrangements distributions	$379,849
Taxable pensions and annuities	$3,784,042
Unemployment compensation [3]	$87,445
Taxable Social Security benefits	$1,515,662
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,137,374
State and local income taxes	$623,859
State and local general sales tax	$40,864
Real estate taxes	$151,559
Taxes paid	$849,796
Mortgage interest paid	$1,622,154
Contributions	$915,378
Taxable income	$21,619,543
Total tax credits [5]	$297,688
Residential energy tax credit	$0
Child tax credit	$220,854
Child and dependent care credit	$23,713
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$2,867,814
Total tax liability [9]	$2,974,648
Tax due at time of filing [10]	$251,616
Overpayments refunded [11]	($768,292)

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

Number of returns [1]	363
Number of joint returns	329
Number of returns with paid preparer's signature	271
Number of exemptions	984
Number of dependents	165
Adjust gross income (AGI) [2]	$47,366,357
Salaries and wages	$31,933,373
Taxable interest	$1,389,463
Ordinary dividends	$926,639
Business or professional net income (less loss)	$1,911,098
Net capital gain (less loss)	$1,607,456
Taxable individual retirement arrangements distributions	$980,921
Taxable pensions and annuities	$6,034,567
Unemployment compensation [3]	$0
Taxable Social Security benefits	$1,752,885
Self-employment retirement plans	$200,293
Total itemized deductions [4]	$6,851,950
State and local income taxes	$1,429,546
State and local general sales tax	$57,007
Real estate taxes	$313,300
Taxes paid	$1,868,609
Mortgage interest paid	$2,530,205
Contributions	$1,776,516
Taxable income	$36,196,032
Total tax credits [5]	$162,532
Residential energy tax credit	$0
Child tax credit	$117,650
Child and dependent care credit	$15,281
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,210,772
Total tax liability [9]	$6,591,832
Tax due at time of filing [10]	$878,454
Overpayments refunded [11]	($766,847)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	91
Number of joint returns	76
Number of returns with paid preparer's signature	81
Number of exemptions	225
Number of dependents	31
Adjust gross income (AGI) [2]	$60,845,029
Salaries and wages	$11,254,001
Taxable interest	$1,334,805
Ordinary dividends	$2,149,944
Business or professional net income (less loss)	$3,593,383
Net capital gain (less loss)	$7,861,862
Taxable individual retirement arrangements distributions	$315,986
Taxable pensions and annuities	$1,793,129
Unemployment compensation [3]	$0
Taxable Social Security benefits	$705,918
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,361,082
State and local income taxes	$1,064,218
State and local general sales tax	$0
Real estate taxes	$226,418
Taxes paid	$1,306,573
Mortgage interest paid	$933,084
Contributions	$1,060,365
Taxable income	$54,730,347
Total tax credits [5]	$80,295
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	$157,645
Income tax [8]	$9,165,763
Total tax liability [9]	$9,524,660
Tax due at time of filing [10]	$1,902,395
Overpayments refunded [11]	($409,492)

[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.