Home » Ohio » STARK County » WILMOT, OH » ZIP Code 44689 » Tax Stats

44689 Income Tax Overview

Total Number of Tax Returns for ZIP Code 44689 [1]	286
Total Number of Joint Tax Returns for ZIP Code 44689	127
Total Number of Dependents for ZIP Code 44689	100
Total Adjusted Gross Income for ZIP Code 44689	9,032,912
Average Income per Person for ZIP Code 44689	$14,158

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]	40
Number of joint returns	0
Number of returns with paid preparer's signature	28
Number of exemptions	42
Number of dependents	0
Adjust gross income (AGI) [2]	$153,954
Salaries and wages	$116,708
Taxable interest	$0
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
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]	$0
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$0
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$14,897
Excess earned income credit (refundable) [7]	$12,081
Alternative minimum tax	$0
Income tax [8]	$0
Total tax liability [9]	$5,668
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($20,019)

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

Number of returns [1]	103
Number of joint returns	29
Number of returns with paid preparer's signature	75
Number of exemptions	164
Number of dependents	29
Adjust gross income (AGI) [2]	$1,826,134
Salaries and wages	$1,289,003
Taxable interest	$32,837
Ordinary dividends	$4,087
Business or professional net income (less loss)	$191,819
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$37,365
Taxable pensions and annuities	$300,402
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$0
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$586,869
Total tax credits [5]	$5,770
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$57,904
Excess earned income credit (refundable) [7]	$53,996
Alternative minimum tax	$0
Income tax [8]	$59,863
Total tax liability [9]	$75,705
Tax due at time of filing [10]	$19,890
Overpayments refunded [11]	($138,190)

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

Number of returns [1]	94
Number of joint returns	52
Number of returns with paid preparer's signature	62
Number of exemptions	243
Number of dependents	47
Adjust gross income (AGI) [2]	$3,394,347
Salaries and wages	$2,865,577
Taxable interest	$31,220
Ordinary dividends	$0
Business or professional net income (less loss)	$23,847
Net capital gain (less loss)	$5,390
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$88,404
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$234,628
State and local income taxes	$19,153
State and local general sales tax	$0
Real estate taxes	$22,731
Taxes paid	$48,446
Mortgage interest paid	$95,703
Contributions	$75,796
Taxable income	$1,651,589
Total tax credits [5]	$46,539
Residential energy tax credit	$0
Child tax credit	$36,119
Child and dependent care credit	$0
Earned income credit [6]	$33,755
Excess earned income credit (refundable) [7]	$29,199
Alternative minimum tax	$0
Income tax [8]	$153,520
Total tax liability [9]	$163,542
Tax due at time of filing [10]	$19,177
Overpayments refunded [11]	($236,634)

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

Number of returns [1]	30
Number of joint returns	27
Number of returns with paid preparer's signature	25
Number of exemptions	97
Number of dependents	24
Adjust gross income (AGI) [2]	$1,834,376
Salaries and wages	$1,299,375
Taxable interest	$24,213
Ordinary dividends	$4,680
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
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]	$236,505
State and local income taxes	$34,975
State and local general sales tax	$0
Real estate taxes	$20,410
Taxes paid	$58,905
Mortgage interest paid	$0
Contributions	$0
Taxable income	$1,124,116
Total tax credits [5]	$44,610
Residential energy tax credit	$0
Child tax credit	$40,301
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]	$114,665
Total tax liability [9]	$142,382
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($56,090)

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

Number of returns [1]	19
Number of joint returns	19
Number of returns with paid preparer's signature	15
Number of exemptions	60
Number of dependents	0
Adjust gross income (AGI) [2]	$1,824,101
Salaries and wages	$770,497
Taxable interest	$0
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
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]	$0
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$1,304,859
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	$0
Income tax [8]	$173,074
Total tax liability [9]	$183,353
Tax due at time of filing [10]	$0
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.