Home » Michigan » WASHTENAW County » ZIP Code 48198 » Tax Stats

48198 Income Tax Overview

Total Number of Tax Returns for ZIP Code 48198 [1]	17,231
Total Number of Joint Tax Returns for ZIP Code 48198	4,815
Total Number of Dependents for ZIP Code 48198	6,313
Total Adjusted Gross Income for ZIP Code 48198	688,181,887
Average Income per Person for ZIP Code 48198	$18,022

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]	3,389
Number of joint returns	193
Number of returns with paid preparer's signature	1,770
Number of exemptions	4,195
Number of dependents	837
Adjust gross income (AGI) [2]	$15,270,156
Salaries and wages	$16,967,744
Taxable interest	$1,369,046
Ordinary dividends	$287,150
Business or professional net income (less loss)	$1,957,260
Net capital gain (less loss)	$251,661
Taxable individual retirement arrangements distributions	$209,650
Taxable pensions and annuities	$1,925,821
Unemployment compensation [3]	$523,643
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,056,433
State and local income taxes	$116,307
State and local general sales tax	$30,587
Real estate taxes	$425,970
Taxes paid	$575,529
Mortgage interest paid	$862,401
Contributions	$75,924
Taxable income	$533,191
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$1,830,398
Excess earned income credit (refundable) [7]	$1,559,800
Alternative minimum tax	$0
Income tax [8]	$55,646
Total tax liability [9]	$430,912
Tax due at time of filing [10]	$50,176
Overpayments refunded [11]	($4,163,009)

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

Number of returns [1]	4,746
Number of joint returns	605
Number of returns with paid preparer's signature	2,814
Number of exemptions	8,768
Number of dependents	1,979
Adjust gross income (AGI) [2]	$79,676,914
Salaries and wages	$57,762,813
Taxable interest	$1,282,205
Ordinary dividends	$500,704
Business or professional net income (less loss)	$5,372,558
Net capital gain (less loss)	($94,729)
Taxable individual retirement arrangements distributions	$999,673
Taxable pensions and annuities	$11,414,395
Unemployment compensation [3]	$2,610,288
Taxable Social Security benefits	$501,813
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,541,845
State and local income taxes	$192,327
State and local general sales tax	$79,989
Real estate taxes	$908,612
Taxes paid	$1,389,398
Mortgage interest paid	$2,402,003
Contributions	$499,065
Taxable income	$20,623,677
Total tax credits [5]	$486,261
Residential energy tax credit	$0
Child tax credit	$158,594
Child and dependent care credit	$38,498
Earned income credit [6]	$6,311,291
Excess earned income credit (refundable) [7]	$5,512,228
Alternative minimum tax	$0
Income tax [8]	$1,735,710
Total tax liability [9]	$2,704,737
Tax due at time of filing [10]	$199,141
Overpayments refunded [11]	($11,163,466)

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

Number of returns [1]	4,441
Number of joint returns	1,005
Number of returns with paid preparer's signature	2,384
Number of exemptions	8,148
Number of dependents	1,510
Adjust gross income (AGI) [2]	$158,884,096
Salaries and wages	$126,245,356
Taxable interest	$1,818,131
Ordinary dividends	$615,697
Business or professional net income (less loss)	$1,981,715
Net capital gain (less loss)	($69,826)
Taxable individual retirement arrangements distributions	$1,901,791
Taxable pensions and annuities	$21,383,994
Unemployment compensation [3]	$2,087,694
Taxable Social Security benefits	$4,112,989
Self-employment retirement plans	$107,278
Total itemized deductions [4]	$19,709,427
State and local income taxes	$1,789,837
State and local general sales tax	$156,261
Real estate taxes	$3,175,822
Taxes paid	$5,377,598
Mortgage interest paid	$9,145,952
Contributions	$2,217,745
Taxable income	$88,067,217
Total tax credits [5]	$1,695,740
Residential energy tax credit	$0
Child tax credit	$963,992
Child and dependent care credit	$130,634
Earned income credit [6]	$1,034,904
Excess earned income credit (refundable) [7]	$894,091
Alternative minimum tax	$0
Income tax [8]	$9,508,458
Total tax liability [9]	$10,105,249
Tax due at time of filing [10]	$605,948
Overpayments refunded [11]	($9,040,943)

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

Number of returns [1]	2,255
Number of joint returns	1,088
Number of returns with paid preparer's signature	1,186
Number of exemptions	4,821
Number of dependents	808
Adjust gross income (AGI) [2]	$139,088,096
Salaries and wages	$115,090,473
Taxable interest	$1,157,985
Ordinary dividends	$589,478
Business or professional net income (less loss)	$1,112,357
Net capital gain (less loss)	($4,212)
Taxable individual retirement arrangements distributions	$2,086,557
Taxable pensions and annuities	$13,257,953
Unemployment compensation [3]	$1,180,130
Taxable Social Security benefits	$4,963,709
Self-employment retirement plans	$0
Total itemized deductions [4]	$24,537,921
State and local income taxes	$3,248,061
State and local general sales tax	$107,941
Real estate taxes	$3,752,099
Taxes paid	$7,416,211
Mortgage interest paid	$10,427,931
Contributions	$3,090,598
Taxable income	$90,941,783
Total tax credits [5]	$1,315,262
Residential energy tax credit	$0
Child tax credit	$983,240
Child and dependent care credit	$64,636
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$12,058,526
Total tax liability [9]	$12,546,626
Tax due at time of filing [10]	$689,860
Overpayments refunded [11]	($5,491,095)

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

Number of returns [1]	1,214
Number of joint returns	908
Number of returns with paid preparer's signature	636
Number of exemptions	3,199
Number of dependents	578
Adjust gross income (AGI) [2]	$104,343,318
Salaries and wages	$87,467,325
Taxable interest	$931,716
Ordinary dividends	$667,975
Business or professional net income (less loss)	$639,288
Net capital gain (less loss)	$67,060
Taxable individual retirement arrangements distributions	$1,595,508
Taxable pensions and annuities	$9,219,047
Unemployment compensation [3]	$528,882
Taxable Social Security benefits	$2,921,900
Self-employment retirement plans	$0
Total itemized deductions [4]	$17,604,375
State and local income taxes	$3,106,764
State and local general sales tax	$51,670
Real estate taxes	$2,703,657
Taxes paid	$6,092,705
Mortgage interest paid	$7,872,129
Contributions	$2,308,966
Taxable income	$72,413,205
Total tax credits [5]	$1,004,511
Residential energy tax credit	$0
Child tax credit	$729,427
Child and dependent care credit	$55,973
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$9,956,645
Total tax liability [9]	$10,286,192
Tax due at time of filing [10]	$477,101
Overpayments refunded [11]	($3,521,465)

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

Number of returns [1]	1,020
Number of joint returns	869
Number of returns with paid preparer's signature	543
Number of exemptions	2,858
Number of dependents	509
Adjust gross income (AGI) [2]	$130,503,346
Salaries and wages	$107,100,983
Taxable interest	$1,709,469
Ordinary dividends	$767,745
Business or professional net income (less loss)	$1,781,809
Net capital gain (less loss)	$562,764
Taxable individual retirement arrangements distributions	$2,510,615
Taxable pensions and annuities	$12,284,975
Unemployment compensation [3]	$537,233
Taxable Social Security benefits	$2,579,560
Self-employment retirement plans	$0
Total itemized deductions [4]	$21,009,423
State and local income taxes	$4,325,229
State and local general sales tax	$63,125
Real estate taxes	$3,189,180
Taxes paid	$7,829,582
Mortgage interest paid	$8,785,598
Contributions	$2,800,707
Taxable income	$97,646,888
Total tax credits [5]	$525,463
Residential energy tax credit	$0
Child tax credit	$379,934
Child and dependent care credit	$51,686
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$51,298
Income tax [8]	$17,053,666
Total tax liability [9]	$17,592,567
Tax due at time of filing [10]	$1,274,141
Overpayments refunded [11]	($2,581,837)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	166
Number of joint returns	147
Number of returns with paid preparer's signature	121
Number of exemptions	530
Number of dependents	92
Adjust gross income (AGI) [2]	$60,415,961
Salaries and wages	$43,652,608
Taxable interest	$1,575,984
Ordinary dividends	$1,565,577
Business or professional net income (less loss)	$2,337,458
Net capital gain (less loss)	$2,146,332
Taxable individual retirement arrangements distributions	$246,974
Taxable pensions and annuities	$1,881,369
Unemployment compensation [3]	$0
Taxable Social Security benefits	$371,679
Self-employment retirement plans	$300,120
Total itemized deductions [4]	$9,929,865
State and local income taxes	$2,672,955
State and local general sales tax	$0
Real estate taxes	$1,788,733
Taxes paid	$4,520,913
Mortgage interest paid	$3,323,080
Contributions	$1,582,963
Taxable income	$48,908,618
Total tax credits [5]	$340,158
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$9,420
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$658,059
Income tax [8]	$12,391,693
Total tax liability [9]	$12,688,948
Tax due at time of filing [10]	$1,070,105
Overpayments refunded [11]	($1,879,551)

[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.