Home » Texas » BEXAR County » ZIP Code 78148 » Tax Stats

78148 Income Tax Overview

Total Number of Tax Returns for ZIP Code 78148 [1]	9,362
Total Number of Joint Tax Returns for ZIP Code 78148	3,751
Total Number of Dependents for ZIP Code 78148	3,340
Total Adjusted Gross Income for ZIP Code 78148	456,663,914
Average Income per Person for ZIP Code 78148	$22,676

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]	1,456
Number of joint returns	93
Number of returns with paid preparer's signature	438
Number of exemptions	1,360
Number of dependents	225
Adjust gross income (AGI) [2]	$6,649,496
Salaries and wages	$6,635,720
Taxable interest	$229,675
Ordinary dividends	$126,501
Business or professional net income (less loss)	$174,258
Net capital gain (less loss)	($65,611)
Taxable individual retirement arrangements distributions	$92,028
Taxable pensions and annuities	$487,072
Unemployment compensation [3]	$40,591
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$727,704
State and local income taxes	$0
State and local general sales tax	$17,020
Real estate taxes	$141,635
Taxes paid	$168,326
Mortgage interest paid	$233,779
Contributions	$13,485
Taxable income	$416,348
Total tax credits [5]	$1,822
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$532,456
Excess earned income credit (refundable) [7]	$484,726
Alternative minimum tax	$0
Income tax [8]	$39,186
Total tax liability [9]	$138,343
Tax due at time of filing [10]	$37,074
Overpayments refunded [11]	($1,077,432)

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

Number of returns [1]	2,180
Number of joint returns	333
Number of returns with paid preparer's signature	757
Number of exemptions	3,536
Number of dependents	699
Adjust gross income (AGI) [2]	$37,791,472
Salaries and wages	$31,310,586
Taxable interest	$670,613
Ordinary dividends	$223,810
Business or professional net income (less loss)	$1,632,500
Net capital gain (less loss)	$22,721
Taxable individual retirement arrangements distributions	$391,563
Taxable pensions and annuities	$3,682,912
Unemployment compensation [3]	$298,236
Taxable Social Security benefits	$87,863
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,019,151
State and local income taxes	$9,894
State and local general sales tax	$64,105
Real estate taxes	$296,657
Taxes paid	$390,379
Mortgage interest paid	$562,071
Contributions	$153,792
Taxable income	$12,074,831
Total tax credits [5]	$203,597
Residential energy tax credit	$0
Child tax credit	$68,251
Child and dependent care credit	$22,033
Earned income credit [6]	$2,124,089
Excess earned income credit (refundable) [7]	$1,945,840
Alternative minimum tax	$0
Income tax [8]	$1,115,828
Total tax liability [9]	$1,407,771
Tax due at time of filing [10]	$122,603
Overpayments refunded [11]	($4,537,269)

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

Number of returns [1]	2,350
Number of joint returns	776
Number of returns with paid preparer's signature	818
Number of exemptions	4,776
Number of dependents	931
Adjust gross income (AGI) [2]	$85,264,755
Salaries and wages	$69,229,303
Taxable interest	$1,313,375
Ordinary dividends	$551,123
Business or professional net income (less loss)	$1,358,381
Net capital gain (less loss)	$71,737
Taxable individual retirement arrangements distributions	$1,009,660
Taxable pensions and annuities	$10,142,225
Unemployment compensation [3]	$308,086
Taxable Social Security benefits	$2,076,221
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,473,525
State and local income taxes	$43,052
State and local general sales tax	$319,366
Real estate taxes	$1,122,591
Taxes paid	$1,566,328
Mortgage interest paid	$2,401,156
Contributions	$856,411
Taxable income	$46,882,614
Total tax credits [5]	$992,385
Residential energy tax credit	$0
Child tax credit	$674,184
Child and dependent care credit	$99,484
Earned income credit [6]	$601,751
Excess earned income credit (refundable) [7]	$502,252
Alternative minimum tax	$0
Income tax [8]	$4,928,804
Total tax liability [9]	$5,254,909
Tax due at time of filing [10]	$270,868
Overpayments refunded [11]	($5,260,055)

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

Number of returns [1]	1,378
Number of joint returns	829
Number of returns with paid preparer's signature	515
Number of exemptions	3,267
Number of dependents	565
Adjust gross income (AGI) [2]	$84,714,915
Salaries and wages	$60,122,773
Taxable interest	$1,713,556
Ordinary dividends	$584,249
Business or professional net income (less loss)	$1,837,133
Net capital gain (less loss)	($7,331)
Taxable individual retirement arrangements distributions	$1,422,255
Taxable pensions and annuities	$15,491,408
Unemployment compensation [3]	$207,569
Taxable Social Security benefits	$3,944,376
Self-employment retirement plans	$0
Total itemized deductions [4]	$8,060,163
State and local income taxes	$102,452
State and local general sales tax	$683,053
Real estate taxes	$1,644,925
Taxes paid	$2,473,696
Mortgage interest paid	$3,015,012
Contributions	$1,051,246
Taxable income	$56,456,173
Total tax credits [5]	$982,990
Residential energy tax credit	$12,606
Child tax credit	$739,819
Child and dependent care credit	$72,764
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$7,145,358
Total tax liability [9]	$7,507,660
Tax due at time of filing [10]	$543,209
Overpayments refunded [11]	($3,132,659)

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

Number of returns [1]	907
Number of joint returns	737
Number of returns with paid preparer's signature	334
Number of exemptions	2,498
Number of dependents	440
Adjust gross income (AGI) [2]	$78,382,532
Salaries and wages	$55,578,599
Taxable interest	$1,338,092
Ordinary dividends	$739,593
Business or professional net income (less loss)	$1,596,744
Net capital gain (less loss)	$211,206
Taxable individual retirement arrangements distributions	$1,183,323
Taxable pensions and annuities	$14,731,858
Unemployment compensation [3]	$179,086
Taxable Social Security benefits	$3,319,314
Self-employment retirement plans	$0
Total itemized deductions [4]	$8,408,182
State and local income taxes	$80,685
State and local general sales tax	$569,027
Real estate taxes	$1,695,429
Taxes paid	$2,401,504
Mortgage interest paid	$3,301,113
Contributions	$1,481,117
Taxable income	$55,935,468
Total tax credits [5]	$796,014
Residential energy tax credit	$0
Child tax credit	$594,296
Child and dependent care credit	$52,716
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$7,550,365
Total tax liability [9]	$7,935,651
Tax due at time of filing [10]	$478,634
Overpayments refunded [11]	($2,088,515)

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

Number of returns [1]	993
Number of joint returns	894
Number of returns with paid preparer's signature	412
Number of exemptions	2,713
Number of dependents	440
Adjust gross income (AGI) [2]	$128,189,692
Salaries and wages	$89,737,060
Taxable interest	$2,960,532
Ordinary dividends	$1,294,471
Business or professional net income (less loss)	$2,984,868
Net capital gain (less loss)	$1,142,103
Taxable individual retirement arrangements distributions	$2,557,573
Taxable pensions and annuities	$23,470,632
Unemployment compensation [3]	$107,463
Taxable Social Security benefits	$3,539,246
Self-employment retirement plans	$141,818
Total itemized deductions [4]	$13,548,008
State and local income taxes	$220,092
State and local general sales tax	$1,128,421
Real estate taxes	$2,943,164
Taxes paid	$4,363,496
Mortgage interest paid	$4,803,791
Contributions	$2,933,682
Taxable income	$100,926,609
Total tax credits [5]	$416,926
Residential energy tax credit	$0
Child tax credit	$315,000
Child and dependent care credit	$47,932
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$35,583
Income tax [8]	$17,861,923
Total tax liability [9]	$18,400,612
Tax due at time of filing [10]	$1,373,524
Overpayments refunded [11]	($2,034,316)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	98
Number of joint returns	89
Number of returns with paid preparer's signature	59
Number of exemptions	263
Number of dependents	40
Adjust gross income (AGI) [2]	$35,671,052
Salaries and wages	$17,063,026
Taxable interest	$600,450
Ordinary dividends	$356,439
Business or professional net income (less loss)	$1,818,341
Net capital gain (less loss)	$3,346,751
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$3,293,292
Unemployment compensation [3]	$0
Taxable Social Security benefits	$492,876
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,516,583
State and local income taxes	$117,606
State and local general sales tax	$197,256
Real estate taxes	$541,111
Taxes paid	$963,095
Mortgage interest paid	$788,092
Contributions	$760,983
Taxable income	$32,092,857
Total tax credits [5]	$18,679
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	$131,528
Income tax [8]	$8,248,046
Total tax liability [9]	$8,467,930
Tax due at time of filing [10]	$1,028,683
Overpayments refunded [11]	($321,369)

[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.