Home » Texas » DALLAS County » DALLAS, TX » ZIP Code 75211 » Tax Stats

75211 Income Tax Overview

Total Number of Tax Returns for ZIP Code 75211 [1]	26,711
Total Number of Joint Tax Returns for ZIP Code 75211	8,632
Total Number of Dependents for ZIP Code 75211	16,535
Total Adjusted Gross Income for ZIP Code 75211	762,644,390
Average Income per Person for ZIP Code 75211	$10,426

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]	4,284
Number of joint returns	498
Number of returns with paid preparer's signature	2,601
Number of exemptions	6,010
Number of dependents	1,278
Adjust gross income (AGI) [2]	$21,641,008
Salaries and wages	$18,228,161
Taxable interest	$301,700
Ordinary dividends	$128,018
Business or professional net income (less loss)	$2,440,721
Net capital gain (less loss)	($85,802)
Taxable individual retirement arrangements distributions	$293,185
Taxable pensions and annuities	$757,503
Unemployment compensation [3]	$277,717
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$754,639
State and local income taxes	$0
State and local general sales tax	$11,164
Real estate taxes	$110,322
Taxes paid	$135,655
Mortgage interest paid	$249,055
Contributions	$18,012
Taxable income	$757,084
Total tax credits [5]	$1,694
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$2,549,994
Excess earned income credit (refundable) [7]	$2,208,496
Alternative minimum tax	$0
Income tax [8]	$73,761
Total tax liability [9]	$735,658
Tax due at time of filing [10]	$247,218
Overpayments refunded [11]	($3,984,856)

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

Number of returns [1]	9,661
Number of joint returns	2,118
Number of returns with paid preparer's signature	6,862
Number of exemptions	24,518
Number of dependents	6,659
Adjust gross income (AGI) [2]	$171,113,710
Salaries and wages	$148,513,720
Taxable interest	$673,006
Ordinary dividends	$222,616
Business or professional net income (less loss)	$16,130,875
Net capital gain (less loss)	$86,545
Taxable individual retirement arrangements distributions	$954,687
Taxable pensions and annuities	$3,881,354
Unemployment compensation [3]	$1,652,299
Taxable Social Security benefits	$150,425
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,024,517
State and local income taxes	$34,131
State and local general sales tax	$136,676
Real estate taxes	$452,656
Taxes paid	$687,543
Mortgage interest paid	$1,329,917
Contributions	$453,422
Taxable income	$32,034,328
Total tax credits [5]	$1,218,486
Residential energy tax credit	$0
Child tax credit	$640,684
Child and dependent care credit	$114,867
Earned income credit [6]	$15,495,819
Excess earned income credit (refundable) [7]	$13,596,511
Alternative minimum tax	$0
Income tax [8]	$2,223,617
Total tax liability [9]	$4,835,771
Tax due at time of filing [10]	$612,553
Overpayments refunded [11]	($29,097,119)

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

Number of returns [1]	9,431
Number of joint returns	3,747
Number of returns with paid preparer's signature	6,459
Number of exemptions	28,353
Number of dependents	6,569
Adjust gross income (AGI) [2]	$326,819,830
Salaries and wages	$307,110,793
Taxable interest	$1,132,504
Ordinary dividends	$359,661
Business or professional net income (less loss)	$6,055,375
Net capital gain (less loss)	$161,180
Taxable individual retirement arrangements distributions	$1,538,298
Taxable pensions and annuities	$7,566,118
Unemployment compensation [3]	$1,542,712
Taxable Social Security benefits	$1,928,713
Self-employment retirement plans	$0
Total itemized deductions [4]	$14,966,137
State and local income taxes	$110,110
State and local general sales tax	$820,777
Real estate taxes	$2,028,583
Taxes paid	$3,230,762
Mortgage interest paid	$5,196,958
Contributions	$2,017,038
Taxable income	$142,206,726
Total tax credits [5]	$5,952,511
Residential energy tax credit	$11,140
Child tax credit	$4,507,287
Child and dependent care credit	$446,533
Earned income credit [6]	$3,808,220
Excess earned income credit (refundable) [7]	$3,294,941
Alternative minimum tax	$0
Income tax [8]	$11,219,694
Total tax liability [9]	$12,487,610
Tax due at time of filing [10]	$879,381
Overpayments refunded [11]	($28,443,153)

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

Number of returns [1]	2,378
Number of joint returns	1,560
Number of returns with paid preparer's signature	1,536
Number of exemptions	7,678
Number of dependents	1,529
Adjust gross income (AGI) [2]	$142,398,077
Salaries and wages	$129,683,408
Taxable interest	$880,501
Ordinary dividends	$349,973
Business or professional net income (less loss)	$2,313,218
Net capital gain (less loss)	$378,624
Taxable individual retirement arrangements distributions	$1,253,369
Taxable pensions and annuities	$4,897,582
Unemployment compensation [3]	$543,344
Taxable Social Security benefits	$1,839,363
Self-employment retirement plans	$0
Total itemized deductions [4]	$9,387,809
State and local income taxes	$60,709
State and local general sales tax	$605,668
Real estate taxes	$1,303,927
Taxes paid	$2,131,547
Mortgage interest paid	$3,251,658
Contributions	$1,600,297
Taxable income	$88,330,393
Total tax credits [5]	$2,692,884
Residential energy tax credit	$10,564
Child tax credit	$2,216,371
Child and dependent care credit	$147,115
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$9,643,889
Total tax liability [9]	$10,152,367
Tax due at time of filing [10]	$632,173
Overpayments refunded [11]	($6,894,516)

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

Number of returns [1]	633
Number of joint returns	474
Number of returns with paid preparer's signature	390
Number of exemptions	1,966
Number of dependents	354
Adjust gross income (AGI) [2]	$53,962,389
Salaries and wages	$46,849,267
Taxable interest	$233,692
Ordinary dividends	$96,999
Business or professional net income (less loss)	$1,175,966
Net capital gain (less loss)	$110,994
Taxable individual retirement arrangements distributions	$1,008,130
Taxable pensions and annuities	$3,096,979
Unemployment compensation [3]	$258,756
Taxable Social Security benefits	$882,152
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,517,350
State and local income taxes	$48,742
State and local general sales tax	$284,053
Real estate taxes	$648,881
Taxes paid	$1,036,494
Mortgage interest paid	$1,598,460
Contributions	$847,670
Taxable income	$38,457,340
Total tax credits [5]	$666,334
Residential energy tax credit	$0
Child tax credit	$556,320
Child and dependent care credit	$40,537
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$10,990
Income tax [8]	$5,238,853
Total tax liability [9]	$5,544,823
Tax due at time of filing [10]	$396,993
Overpayments refunded [11]	($1,908,371)

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

Number of returns [1]	295
Number of joint returns	213
Number of returns with paid preparer's signature	165
Number of exemptions	762
Number of dependents	129
Adjust gross income (AGI) [2]	$36,778,872
Salaries and wages	$29,511,114
Taxable interest	$246,401
Ordinary dividends	$132,556
Business or professional net income (less loss)	$622,414
Net capital gain (less loss)	$207,143
Taxable individual retirement arrangements distributions	$966,673
Taxable pensions and annuities	$2,732,177
Unemployment compensation [3]	$67,771
Taxable Social Security benefits	$605,154
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,181,063
State and local income taxes	$51,014
State and local general sales tax	$261,743
Real estate taxes	$594,185
Taxes paid	$908,570
Mortgage interest paid	$1,237,721
Contributions	$555,574
Taxable income	$29,561,703
Total tax credits [5]	$129,407
Residential energy tax credit	$0
Child tax credit	$93,161
Child and dependent care credit	$15,050
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,458,151
Total tax liability [9]	$5,668,548
Tax due at time of filing [10]	$512,672
Overpayments refunded [11]	($786,541)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	29
Number of joint returns	22
Number of returns with paid preparer's signature	25
Number of exemptions	84
Number of dependents	17
Adjust gross income (AGI) [2]	$9,930,504
Salaries and wages	$4,157,571
Taxable interest	$144,338
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$2,322,123
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$276,610
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$512,192
State and local income taxes	$0
State and local general sales tax	$31,607
Real estate taxes	$70,834
Taxes paid	$130,736
Mortgage interest paid	$122,174
Contributions	$86,333
Taxable income	$9,044,062
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	$49,741
Income tax [8]	$2,041,917
Total tax liability [9]	$2,162,693
Tax due at time of filing [10]	$718,001
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.