Home » Texas » DALLAS County » ZIP Code 75044 » Tax Stats

75044 Income Tax Overview

Total Number of Tax Returns for ZIP Code 75044 [1]	19,167
Total Number of Joint Tax Returns for ZIP Code 75044	7,503
Total Number of Dependents for ZIP Code 75044	7,255
Total Adjusted Gross Income for ZIP Code 75044	1,135,223,820
Average Income per Person for ZIP Code 75044	$27,817

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]	3,206
Number of joint returns	283
Number of returns with paid preparer's signature	1,394
Number of exemptions	2,807
Number of dependents	416
Adjust gross income (AGI) [2]	$12,263,154
Salaries and wages	$13,891,081
Taxable interest	$592,025
Ordinary dividends	$440,727
Business or professional net income (less loss)	$697,824
Net capital gain (less loss)	$60
Taxable individual retirement arrangements distributions	$355,351
Taxable pensions and annuities	$817,806
Unemployment compensation [3]	$127,826
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,314,024
State and local income taxes	$8,224
State and local general sales tax	$44,146
Real estate taxes	$484,669
Taxes paid	$544,671
Mortgage interest paid	$824,823
Contributions	$66,255
Taxable income	$900,584
Total tax credits [5]	$1,404
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$879,389
Excess earned income credit (refundable) [7]	$709,334
Alternative minimum tax	$0
Income tax [8]	$91,043
Total tax liability [9]	$548,622
Tax due at time of filing [10]	$208,829
Overpayments refunded [11]	($2,069,660)

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

Number of returns [1]	3,834
Number of joint returns	722
Number of returns with paid preparer's signature	2,007
Number of exemptions	6,918
Number of dependents	1,481
Adjust gross income (AGI) [2]	$66,914,942
Salaries and wages	$54,095,866
Taxable interest	$1,089,446
Ordinary dividends	$583,521
Business or professional net income (less loss)	$6,473,038
Net capital gain (less loss)	($101,319)
Taxable individual retirement arrangements distributions	$1,448,555
Taxable pensions and annuities	$3,174,014
Unemployment compensation [3]	$899,144
Taxable Social Security benefits	$230,238
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,610,513
State and local income taxes	$38,777
State and local general sales tax	$180,871
Real estate taxes	$1,115,341
Taxes paid	$1,368,277
Mortgage interest paid	$1,730,818
Contributions	$477,781
Taxable income	$19,028,650
Total tax credits [5]	$442,032
Residential energy tax credit	$0
Child tax credit	$143,424
Child and dependent care credit	$31,868
Earned income credit [6]	$4,096,668
Excess earned income credit (refundable) [7]	$3,349,006
Alternative minimum tax	$11,937
Income tax [8]	$1,636,798
Total tax liability [9]	$2,861,878
Tax due at time of filing [10]	$420,877
Overpayments refunded [11]	($8,100,742)

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

Number of returns [1]	4,872
Number of joint returns	1,347
Number of returns with paid preparer's signature	2,352
Number of exemptions	9,918
Number of dependents	1,992
Adjust gross income (AGI) [2]	$178,212,805
Salaries and wages	$156,641,991
Taxable interest	$1,957,977
Ordinary dividends	$936,974
Business or professional net income (less loss)	$6,477,923
Net capital gain (less loss)	($181,597)
Taxable individual retirement arrangements distributions	$2,956,883
Taxable pensions and annuities	$6,963,531
Unemployment compensation [3]	$970,086
Taxable Social Security benefits	$2,664,565
Self-employment retirement plans	$0
Total itemized deductions [4]	$18,312,769
State and local income taxes	$139,061
State and local general sales tax	$920,919
Real estate taxes	$3,336,956
Taxes paid	$4,528,155
Mortgage interest paid	$6,665,612
Contributions	$1,968,859
Taxable income	$97,861,933
Total tax credits [5]	$2,199,925
Residential energy tax credit	$3,231
Child tax credit	$1,317,025
Child and dependent care credit	$184,229
Earned income credit [6]	$1,089,849
Excess earned income credit (refundable) [7]	$827,199
Alternative minimum tax	$0
Income tax [8]	$10,311,977
Total tax liability [9]	$11,580,782
Tax due at time of filing [10]	$987,651
Overpayments refunded [11]	($10,433,008)

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

Number of returns [1]	2,656
Number of joint returns	1,331
Number of returns with paid preparer's signature	1,171
Number of exemptions	6,046
Number of dependents	1,081
Adjust gross income (AGI) [2]	$162,798,766
Salaries and wages	$137,661,797
Taxable interest	$2,095,725
Ordinary dividends	$1,602,749
Business or professional net income (less loss)	$3,761,749
Net capital gain (less loss)	$103,560
Taxable individual retirement arrangements distributions	$3,693,550
Taxable pensions and annuities	$8,383,679
Unemployment compensation [3]	$635,595
Taxable Social Security benefits	$4,987,327
Self-employment retirement plans	$0
Total itemized deductions [4]	$19,248,760
State and local income taxes	$180,845
State and local general sales tax	$1,164,905
Real estate taxes	$3,891,557
Taxes paid	$5,360,608
Mortgage interest paid	$7,295,047
Contributions	$2,605,965
Taxable income	$108,805,864
Total tax credits [5]	$1,671,372
Residential energy tax credit	$0
Child tax credit	$1,242,039
Child and dependent care credit	$121,503
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$14,391,563
Total tax liability [9]	$15,261,339
Tax due at time of filing [10]	$980,441
Overpayments refunded [11]	($5,885,730)

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

Number of returns [1]	1,573
Number of joint returns	1,154
Number of returns with paid preparer's signature	664
Number of exemptions	3,993
Number of dependents	691
Adjust gross income (AGI) [2]	$136,303,455
Salaries and wages	$111,407,973
Taxable interest	$2,450,092
Ordinary dividends	$1,458,305
Business or professional net income (less loss)	$3,708,042
Net capital gain (less loss)	$258,039
Taxable individual retirement arrangements distributions	$3,769,743
Taxable pensions and annuities	$7,836,765
Unemployment compensation [3]	$537,639
Taxable Social Security benefits	$4,569,180
Self-employment retirement plans	$203,213
Total itemized deductions [4]	$18,138,676
State and local income taxes	$176,279
State and local general sales tax	$1,141,628
Real estate taxes	$3,610,220
Taxes paid	$5,048,571
Mortgage interest paid	$6,359,319
Contributions	$3,167,130
Taxable income	$96,889,990
Total tax credits [5]	$1,161,065
Residential energy tax credit	$0
Child tax credit	$773,851
Child and dependent care credit	$81,679
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$13,732,617
Total tax liability [9]	$14,553,556
Tax due at time of filing [10]	$1,103,246
Overpayments refunded [11]	($3,973,586)

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

Number of returns [1]	2,290
Number of joint returns	1,979
Number of returns with paid preparer's signature	946
Number of exemptions	6,453
Number of dependents	1,190
Adjust gross income (AGI) [2]	$310,220,284
Salaries and wages	$257,644,746
Taxable interest	$4,391,798
Ordinary dividends	$3,708,941
Business or professional net income (less loss)	$12,518,414
Net capital gain (less loss)	$773,924
Taxable individual retirement arrangements distributions	$7,446,097
Taxable pensions and annuities	$13,699,172
Unemployment compensation [3]	$435,837
Taxable Social Security benefits	$5,401,759
Self-employment retirement plans	$634,053
Total itemized deductions [4]	$43,005,626
State and local income taxes	$476,722
State and local general sales tax	$3,137,230
Real estate taxes	$9,201,741
Taxes paid	$12,986,053
Mortgage interest paid	$15,603,436
Contributions	$9,273,466
Taxable income	$238,551,772
Total tax credits [5]	$862,467
Residential energy tax credit	$0
Child tax credit	$612,350
Child and dependent care credit	$104,693
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$105,641
Income tax [8]	$43,273,196
Total tax liability [9]	$45,616,346
Tax due at time of filing [10]	$3,293,003
Overpayments refunded [11]	($5,899,774)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	736
Number of joint returns	687
Number of returns with paid preparer's signature	439
Number of exemptions	2,158
Number of dependents	404
Adjust gross income (AGI) [2]	$268,510,414
Salaries and wages	$186,596,056
Taxable interest	$5,088,965
Ordinary dividends	$6,553,881
Business or professional net income (less loss)	$12,432,187
Net capital gain (less loss)	$13,654,817
Taxable individual retirement arrangements distributions	$4,407,491
Taxable pensions and annuities	$4,691,947
Unemployment compensation [3]	$113,510
Taxable Social Security benefits	$1,413,193
Self-employment retirement plans	$1,133,363
Total itemized deductions [4]	$23,235,081
State and local income taxes	$793,743
State and local general sales tax	$1,817,365
Real estate taxes	$5,140,211
Taxes paid	$7,806,978
Mortgage interest paid	$7,806,767
Contributions	$6,148,324
Taxable income	$237,686,232
Total tax credits [5]	$850,230
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$21,127
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$771,264
Income tax [8]	$61,324,389
Total tax liability [9]	$62,623,448
Tax due at time of filing [10]	$5,977,864
Overpayments refunded [11]	($3,310,520)

[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.