Home » Missouri » SAINT LOUIS County » ZIP Code 63005 » Tax Stats

63005 Income Tax Overview

Total Number of Tax Returns for ZIP Code 63005 [1]	8,472
Total Number of Joint Tax Returns for ZIP Code 63005	4,795
Total Number of Dependents for ZIP Code 63005	3,347
Total Adjusted Gross Income for ZIP Code 63005	1,708,329,293
Average Income per Person for ZIP Code 63005	$96,228

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]	1,915
Number of joint returns	113
Number of returns with paid preparer's signature	967
Number of exemptions	730
Number of dependents	75
Adjust gross income (AGI) [2]	$3,358,734
Salaries and wages	$9,701,834
Taxable interest	$2,275,809
Ordinary dividends	$1,801,627
Business or professional net income (less loss)	$148,026
Net capital gain (less loss)	$1,740,494
Taxable individual retirement arrangements distributions	$551,492
Taxable pensions and annuities	$474,795
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,712,856
State and local income taxes	$1,431,641
State and local general sales tax	$12,878
Real estate taxes	$1,127,564
Taxes paid	$2,686,405
Mortgage interest paid	$2,400,342
Contributions	$34,616
Taxable income	$885,809
Total tax credits [5]	$5,059
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$62,490
Excess earned income credit (refundable) [7]	$45,091
Alternative minimum tax	$0
Income tax [8]	$78,330
Total tax liability [9]	$304,768
Tax due at time of filing [10]	$108,750
Overpayments refunded [11]	($1,948,718)

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

Number of returns [1]	708
Number of joint returns	102
Number of returns with paid preparer's signature	341
Number of exemptions	843
Number of dependents	92
Adjust gross income (AGI) [2]	$11,929,438
Salaries and wages	$8,939,632
Taxable interest	$586,350
Ordinary dividends	$653,664
Business or professional net income (less loss)	$510,360
Net capital gain (less loss)	$152,125
Taxable individual retirement arrangements distributions	$438,024
Taxable pensions and annuities	$893,574
Unemployment compensation [3]	$108,096
Taxable Social Security benefits	$125,710
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,482,610
State and local income taxes	$121,507
State and local general sales tax	$38,963
Real estate taxes	$539,698
Taxes paid	$745,690
Mortgage interest paid	$981,257
Contributions	$191,068
Taxable income	$4,371,631
Total tax credits [5]	$74,088
Residential energy tax credit	$0
Child tax credit	$9,148
Child and dependent care credit	$0
Earned income credit [6]	$182,204
Excess earned income credit (refundable) [7]	$164,637
Alternative minimum tax	$0
Income tax [8]	$399,964
Total tax liability [9]	$526,674
Tax due at time of filing [10]	$104,634
Overpayments refunded [11]	($894,776)

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

Number of returns [1]	743
Number of joint returns	193
Number of returns with paid preparer's signature	385
Number of exemptions	1,174
Number of dependents	148
Adjust gross income (AGI) [2]	$27,258,446
Salaries and wages	$19,191,567
Taxable interest	$1,397,127
Ordinary dividends	$1,900,065
Business or professional net income (less loss)	$1,502,882
Net capital gain (less loss)	$257,325
Taxable individual retirement arrangements distributions	$837,924
Taxable pensions and annuities	$1,868,994
Unemployment compensation [3]	$148,269
Taxable Social Security benefits	$974,964
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,187,356
State and local income taxes	$642,642
State and local general sales tax	$64,624
Real estate taxes	$1,269,044
Taxes paid	$2,136,915
Mortgage interest paid	$2,364,796
Contributions	$520,853
Taxable income	$14,417,567
Total tax credits [5]	$158,213
Residential energy tax credit	$0
Child tax credit	$47,553
Child and dependent care credit	$0
Earned income credit [6]	$45,071
Excess earned income credit (refundable) [7]	$30,462
Alternative minimum tax	$0
Income tax [8]	$1,692,587
Total tax liability [9]	$2,023,936
Tax due at time of filing [10]	$234,940
Overpayments refunded [11]	($1,792,282)

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

Number of returns [1]	512
Number of joint returns	245
Number of returns with paid preparer's signature	308
Number of exemptions	1,082
Number of dependents	155
Adjust gross income (AGI) [2]	$31,814,674
Salaries and wages	$19,048,277
Taxable interest	$1,804,221
Ordinary dividends	$2,271,104
Business or professional net income (less loss)	$2,059,660
Net capital gain (less loss)	$688,980
Taxable individual retirement arrangements distributions	$1,622,381
Taxable pensions and annuities	$3,103,119
Unemployment compensation [3]	$64,222
Taxable Social Security benefits	$2,076,752
Self-employment retirement plans	$175,622
Total itemized deductions [4]	$9,839,105
State and local income taxes	$1,504,745
State and local general sales tax	$51,059
Real estate taxes	$1,921,472
Taxes paid	$3,644,774
Mortgage interest paid	$3,168,847
Contributions	$1,016,180
Taxable income	$17,810,391
Total tax credits [5]	$213,024
Residential energy tax credit	$0
Child tax credit	$138,052
Child and dependent care credit	$10,371
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$2,310,866
Total tax liability [9]	$2,643,937
Tax due at time of filing [10]	$304,699
Overpayments refunded [11]	($1,719,293)

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

Number of returns [1]	473
Number of joint returns	353
Number of returns with paid preparer's signature	286
Number of exemptions	1,204
Number of dependents	195
Adjust gross income (AGI) [2]	$41,517,255
Salaries and wages	$24,500,316
Taxable interest	$1,715,308
Ordinary dividends	$2,292,357
Business or professional net income (less loss)	$2,249,339
Net capital gain (less loss)	$925,730
Taxable individual retirement arrangements distributions	$3,205,745
Taxable pensions and annuities	$4,132,896
Unemployment compensation [3]	$86,497
Taxable Social Security benefits	$2,814,733
Self-employment retirement plans	$0
Total itemized deductions [4]	$11,944,399
State and local income taxes	$1,835,331
State and local general sales tax	$48,923
Real estate taxes	$2,302,653
Taxes paid	$4,431,459
Mortgage interest paid	$4,433,532
Contributions	$1,347,162
Taxable income	$24,797,915
Total tax credits [5]	$363,809
Residential energy tax credit	$0
Child tax credit	$208,807
Child and dependent care credit	$13,092
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$3,158,095
Total tax liability [9]	$3,626,726
Tax due at time of filing [10]	$350,621
Overpayments refunded [11]	($1,900,875)

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

Number of returns [1]	1,898
Number of joint returns	1,685
Number of returns with paid preparer's signature	1,089
Number of exemptions	5,995
Number of dependents	1,130
Adjust gross income (AGI) [2]	$278,965,317
Salaries and wages	$209,773,984
Taxable interest	$6,150,252
Ordinary dividends	$10,205,989
Business or professional net income (less loss)	$12,874,856
Net capital gain (less loss)	$4,648,005
Taxable individual retirement arrangements distributions	$10,480,728
Taxable pensions and annuities	$14,543,720
Unemployment compensation [3]	$221,257
Taxable Social Security benefits	$6,623,507
Self-employment retirement plans	$1,481,171
Total itemized deductions [4]	$66,048,437
State and local income taxes	$13,696,277
State and local general sales tax	$133,857
Real estate taxes	$12,045,287
Taxes paid	$27,100,027
Mortgage interest paid	$25,036,844
Contributions	$7,390,045
Taxable income	$192,023,016
Total tax credits [5]	$881,144
Residential energy tax credit	$0
Child tax credit	$477,015
Child and dependent care credit	$74,434
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$515,072
Income tax [8]	$33,796,764
Total tax liability [9]	$35,929,640
Tax due at time of filing [10]	$2,346,322
Overpayments refunded [11]	($9,133,322)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	2,223
Number of joint returns	2,104
Number of returns with paid preparer's signature	1,579
Number of exemptions	7,779
Number of dependents	1,552
Adjust gross income (AGI) [2]	$1,313,485,429
Salaries and wages	$862,132,559
Taxable interest	$25,294,171
Ordinary dividends	$34,330,499
Business or professional net income (less loss)	$29,078,516
Net capital gain (less loss)	$128,427,846
Taxable individual retirement arrangements distributions	$9,252,414
Taxable pensions and annuities	$10,304,600
Unemployment compensation [3]	$136,534
Taxable Social Security benefits	$4,171,951
Self-employment retirement plans	$5,292,056
Total itemized deductions [4]	$171,319,431
State and local income taxes	$76,644,625
State and local general sales tax	$136,922
Real estate taxes	$20,883,631
Taxes paid	$98,600,274
Mortgage interest paid	$44,490,906
Contributions	$23,834,285
Taxable income	$1,120,367,763
Total tax credits [5]	$3,976,347
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$83,598
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$11,006,543
Income tax [8]	$314,234,414
Total tax liability [9]	$320,770,600
Tax due at time of filing [10]	$33,462,457
Overpayments refunded [11]	($15,979,053)

[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.