Home » Michigan » WASHTENAW County » ZIP Code 48103 » Tax Stats

48103 Income Tax Overview

Total Number of Tax Returns for ZIP Code 48103 [1]	26,640
Total Number of Joint Tax Returns for ZIP Code 48103	10,343
Total Number of Dependents for ZIP Code 48103	7,876
Total Adjusted Gross Income for ZIP Code 48103	2,077,548,063
Average Income per Person for ZIP Code 48103	$39,157

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]	4,751
Number of joint returns	257
Number of returns with paid preparer's signature	1,953
Number of exemptions	3,544
Number of dependents	390
Adjust gross income (AGI) [2]	$15,745,208
Salaries and wages	$19,794,179
Taxable interest	$1,866,954
Ordinary dividends	$1,714,604
Business or professional net income (less loss)	$490,504
Net capital gain (less loss)	$100,987
Taxable individual retirement arrangements distributions	$691,556
Taxable pensions and annuities	$1,677,627
Unemployment compensation [3]	$284,940
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,372,522
State and local income taxes	$467,013
State and local general sales tax	$80,680
Real estate taxes	$1,382,362
Taxes paid	$2,083,181
Mortgage interest paid	$2,555,556
Contributions	$101,449
Taxable income	$1,677,221
Total tax credits [5]	$6,350
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$792,120
Excess earned income credit (refundable) [7]	$671,428
Alternative minimum tax	$0
Income tax [8]	$186,390
Total tax liability [9]	$668,920
Tax due at time of filing [10]	$273,569
Overpayments refunded [11]	($2,594,372)

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

Number of returns [1]	4,186
Number of joint returns	437
Number of returns with paid preparer's signature	1,720
Number of exemptions	5,692
Number of dependents	726
Adjust gross income (AGI) [2]	$72,135,539
Salaries and wages	$53,418,954
Taxable interest	$2,551,152
Ordinary dividends	$2,171,506
Business or professional net income (less loss)	$4,344,772
Net capital gain (less loss)	$73,474
Taxable individual retirement arrangements distributions	$2,199,786
Taxable pensions and annuities	$7,123,207
Unemployment compensation [3]	$1,136,544
Taxable Social Security benefits	$482,348
Self-employment retirement plans	$129,960
Total itemized deductions [4]	$9,007,092
State and local income taxes	$358,913
State and local general sales tax	$141,274
Real estate taxes	$1,951,586
Taxes paid	$2,551,731
Mortgage interest paid	$2,385,593
Contributions	$648,577
Taxable income	$26,208,451
Total tax credits [5]	$453,717
Residential energy tax credit	$0
Child tax credit	$67,547
Child and dependent care credit	$11,726
Earned income credit [6]	$1,822,939
Excess earned income credit (refundable) [7]	$1,560,156
Alternative minimum tax	$0
Income tax [8]	$2,384,141
Total tax liability [9]	$3,204,744
Tax due at time of filing [10]	$464,984
Overpayments refunded [11]	($5,699,736)

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

Number of returns [1]	4,964
Number of joint returns	1,073
Number of returns with paid preparer's signature	2,115
Number of exemptions	7,852
Number of dependents	1,006
Adjust gross income (AGI) [2]	$181,926,523
Salaries and wages	$139,931,629
Taxable interest	$4,160,853
Ordinary dividends	$4,783,971
Business or professional net income (less loss)	$8,290,977
Net capital gain (less loss)	$395,580
Taxable individual retirement arrangements distributions	$4,154,536
Taxable pensions and annuities	$15,974,471
Unemployment compensation [3]	$1,341,108
Taxable Social Security benefits	$5,647,199
Self-employment retirement plans	$274,910
Total itemized deductions [4]	$25,143,033
State and local income taxes	$1,994,558
State and local general sales tax	$234,635
Real estate taxes	$5,515,053
Taxes paid	$7,988,125
Mortgage interest paid	$8,873,483
Contributions	$2,329,602
Taxable income	$107,412,437
Total tax credits [5]	$1,404,132
Residential energy tax credit	$0
Child tax credit	$564,331
Child and dependent care credit	$79,792
Earned income credit [6]	$424,938
Excess earned income credit (refundable) [7]	$315,440
Alternative minimum tax	$0
Income tax [8]	$12,387,543
Total tax liability [9]	$13,971,553
Tax due at time of filing [10]	$1,208,797
Overpayments refunded [11]	($8,394,624)

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

Number of returns [1]	3,501
Number of joint returns	1,365
Number of returns with paid preparer's signature	1,697
Number of exemptions	6,582
Number of dependents	1,027
Adjust gross income (AGI) [2]	$217,393,573
Salaries and wages	$162,130,653
Taxable interest	$4,746,003
Ordinary dividends	$5,683,554
Business or professional net income (less loss)	$8,369,737
Net capital gain (less loss)	$674,649
Taxable individual retirement arrangements distributions	$5,728,649
Taxable pensions and annuities	$19,998,967
Unemployment compensation [3]	$661,172
Taxable Social Security benefits	$9,911,354
Self-employment retirement plans	$403,628
Total itemized deductions [4]	$37,254,335
State and local income taxes	$4,688,593
State and local general sales tax	$239,424
Real estate taxes	$8,253,698
Taxes paid	$13,603,851
Mortgage interest paid	$15,013,704
Contributions	$3,333,657
Taxable income	$145,085,995
Total tax credits [5]	$1,712,469
Residential energy tax credit	$0
Child tax credit	$1,110,914
Child and dependent care credit	$92,616
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$11,271
Income tax [8]	$20,133,845
Total tax liability [9]	$21,742,962
Tax due at time of filing [10]	$1,544,024
Overpayments refunded [11]	($7,739,391)

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

Number of returns [1]	2,649
Number of joint returns	1,653
Number of returns with paid preparer's signature	1,293
Number of exemptions	6,152
Number of dependents	1,064
Adjust gross income (AGI) [2]	$229,723,042
Salaries and wages	$174,958,487
Taxable interest	$4,519,852
Ordinary dividends	$5,406,396
Business or professional net income (less loss)	$7,688,653
Net capital gain (less loss)	$664,895
Taxable individual retirement arrangements distributions	$6,253,775
Taxable pensions and annuities	$19,485,776
Unemployment compensation [3]	$444,633
Taxable Social Security benefits	$9,216,530
Self-employment retirement plans	$499,453
Total itemized deductions [4]	$42,746,039
State and local income taxes	$6,770,222
State and local general sales tax	$162,338
Real estate taxes	$9,269,397
Taxes paid	$16,723,645
Mortgage interest paid	$17,161,595
Contributions	$4,107,762
Taxable income	$159,208,186
Total tax credits [5]	$1,957,896
Residential energy tax credit	$0
Child tax credit	$1,235,787
Child and dependent care credit	$94,764
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$31,592
Income tax [8]	$22,894,125
Total tax liability [9]	$24,392,467
Tax due at time of filing [10]	$1,299,929
Overpayments refunded [11]	($7,609,105)

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

Number of returns [1]	4,750
Number of joint returns	3,907
Number of returns with paid preparer's signature	2,288
Number of exemptions	13,309
Number of dependents	2,526
Adjust gross income (AGI) [2]	$649,696,130
Salaries and wages	$502,283,398
Taxable interest	$11,285,582
Ordinary dividends	$16,764,963
Business or professional net income (less loss)	$24,074,982
Net capital gain (less loss)	$5,371,876
Taxable individual retirement arrangements distributions	$16,541,286
Taxable pensions and annuities	$48,795,357
Unemployment compensation [3]	$742,667
Taxable Social Security benefits	$17,697,092
Self-employment retirement plans	$2,377,796
Total itemized deductions [4]	$114,977,256
State and local income taxes	$23,945,442
State and local general sales tax	$259,405
Real estate taxes	$23,344,634
Taxes paid	$48,866,818
Mortgage interest paid	$44,209,782
Contributions	$13,311,274
Taxable income	$482,753,220
Total tax credits [5]	$2,514,951
Residential energy tax credit	$32,737
Child tax credit	$1,465,128
Child and dependent care credit	$270,448
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$485,275
Income tax [8]	$86,006,700
Total tax liability [9]	$90,013,674
Tax due at time of filing [10]	$5,012,946
Overpayments refunded [11]	($14,579,928)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	1,839
Number of joint returns	1,651
Number of returns with paid preparer's signature	1,223
Number of exemptions	5,767
Number of dependents	1,137
Adjust gross income (AGI) [2]	$710,928,048
Salaries and wages	$478,054,412
Taxable interest	$16,629,062
Ordinary dividends	$28,216,591
Business or professional net income (less loss)	$34,319,103
Net capital gain (less loss)	$71,870,261
Taxable individual retirement arrangements distributions	$8,629,126
Taxable pensions and annuities	$17,959,943
Unemployment compensation [3]	$207,671
Taxable Social Security benefits	$5,689,187
Self-employment retirement plans	$4,301,218
Total itemized deductions [4]	$98,752,140
State and local income taxes	$31,253,784
State and local general sales tax	$74,093
Real estate taxes	$16,205,857
Taxes paid	$48,346,862
Mortgage interest paid	$27,726,973
Contributions	$18,300,196
Taxable income	$594,739,053
Total tax credits [5]	$3,373,052
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$102,533
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$6,785,515
Income tax [8]	$151,868,986
Total tax liability [9]	$155,527,066
Tax due at time of filing [10]	$12,907,104
Overpayments refunded [11]	($9,564,583)

[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.