Home » Texas » BEXAR County » ZIP Code 78258 » Tax Stats

78258 Income Tax Overview

Total Number of Tax Returns for ZIP Code 78258 [1]	17,559
Total Number of Joint Tax Returns for ZIP Code 78258	9,153
Total Number of Dependents for ZIP Code 78258	7,456
Total Adjusted Gross Income for ZIP Code 78258	1,863,928,192
Average Income per Person for ZIP Code 78258	$45,925

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]	2,841
Number of joint returns	256
Number of returns with paid preparer's signature	1,084
Number of exemptions	1,877
Number of dependents	248
Adjust gross income (AGI) [2]	$6,893,215
Salaries and wages	$14,092,657
Taxable interest	$1,273,689
Ordinary dividends	$1,040,683
Business or professional net income (less loss)	($1,579,643)
Net capital gain (less loss)	$154,037
Taxable individual retirement arrangements distributions	$337,144
Taxable pensions and annuities	$830,973
Unemployment compensation [3]	$84,792
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,360,083
State and local income taxes	$37,903
State and local general sales tax	$64,568
Real estate taxes	$1,388,712
Taxes paid	$1,574,498
Mortgage interest paid	$2,374,351
Contributions	$63,595
Taxable income	$1,114,411
Total tax credits [5]	$4,151
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$370,152
Excess earned income credit (refundable) [7]	$297,151
Alternative minimum tax	$0
Income tax [8]	$110,565
Total tax liability [9]	$410,348
Tax due at time of filing [10]	$148,628
Overpayments refunded [11]	($2,121,338)

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

Number of returns [1]	2,027
Number of joint returns	348
Number of returns with paid preparer's signature	835
Number of exemptions	2,967
Number of dependents	462
Adjust gross income (AGI) [2]	$34,431,828
Salaries and wages	$26,929,637
Taxable interest	$1,232,088
Ordinary dividends	$940,596
Business or professional net income (less loss)	$2,958,269
Net capital gain (less loss)	$21,044
Taxable individual retirement arrangements distributions	$740,263
Taxable pensions and annuities	$2,665,825
Unemployment compensation [3]	$302,969
Taxable Social Security benefits	$197,424
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,836,064
State and local income taxes	$25,932
State and local general sales tax	$167,651
Real estate taxes	$1,258,276
Taxes paid	$1,494,171
Mortgage interest paid	$1,922,434
Contributions	$396,185
Taxable income	$11,614,117
Total tax credits [5]	$215,091
Residential energy tax credit	$0
Child tax credit	$39,589
Child and dependent care credit	$10,713
Earned income credit [6]	$1,232,715
Excess earned income credit (refundable) [7]	$969,618
Alternative minimum tax	$0
Income tax [8]	$1,049,983
Total tax liability [9]	$1,590,987
Tax due at time of filing [10]	$245,573
Overpayments refunded [11]	($3,415,222)

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

Number of returns [1]	2,603
Number of joint returns	728
Number of returns with paid preparer's signature	1,108
Number of exemptions	4,820
Number of dependents	835
Adjust gross income (AGI) [2]	$96,520,569
Salaries and wages	$77,182,575
Taxable interest	$2,517,104
Ordinary dividends	$1,924,925
Business or professional net income (less loss)	$4,528,889
Net capital gain (less loss)	$161,945
Taxable individual retirement arrangements distributions	$2,222,243
Taxable pensions and annuities	$7,923,869
Unemployment compensation [3]	$616,960
Taxable Social Security benefits	$2,205,999
Self-employment retirement plans	$81,176
Total itemized deductions [4]	$16,071,029
State and local income taxes	$155,640
State and local general sales tax	$641,400
Real estate taxes	$3,654,862
Taxes paid	$4,562,363
Mortgage interest paid	$6,046,821
Contributions	$1,420,807
Taxable income	$52,537,045
Total tax credits [5]	$954,862
Residential energy tax credit	$0
Child tax credit	$532,808
Child and dependent care credit	$74,121
Earned income credit [6]	$387,252
Excess earned income credit (refundable) [7]	$276,179
Alternative minimum tax	$0
Income tax [8]	$5,818,044
Total tax liability [9]	$6,857,289
Tax due at time of filing [10]	$753,618
Overpayments refunded [11]	($5,689,936)

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

Number of returns [1]	1,936
Number of joint returns	973
Number of returns with paid preparer's signature	881
Number of exemptions	4,555
Number of dependents	858
Adjust gross income (AGI) [2]	$120,004,999
Salaries and wages	$90,238,802
Taxable interest	$2,485,881
Ordinary dividends	$2,282,302
Business or professional net income (less loss)	$5,641,296
Net capital gain (less loss)	$347,338
Taxable individual retirement arrangements distributions	$3,409,126
Taxable pensions and annuities	$12,348,599
Unemployment compensation [3]	$362,681
Taxable Social Security benefits	$4,246,973
Self-employment retirement plans	$71,534
Total itemized deductions [4]	$23,728,801
State and local income taxes	$244,207
State and local general sales tax	$1,615,017
Real estate taxes	$5,528,333
Taxes paid	$7,526,000
Mortgage interest paid	$9,610,907
Contributions	$2,346,571
Taxable income	$74,010,254
Total tax credits [5]	$1,356,343
Residential energy tax credit	$0
Child tax credit	$988,318
Child and dependent care credit	$85,455
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$17,995
Income tax [8]	$9,466,941
Total tax liability [9]	$10,673,359
Tax due at time of filing [10]	$1,059,694
Overpayments refunded [11]	($5,327,163)

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

Number of returns [1]	1,913
Number of joint returns	1,367
Number of returns with paid preparer's signature	799
Number of exemptions	5,239
Number of dependents	1,018
Adjust gross income (AGI) [2]	$167,234,127
Salaries and wages	$129,904,756
Taxable interest	$3,160,803
Ordinary dividends	$2,744,462
Business or professional net income (less loss)	$5,870,709
Net capital gain (less loss)	$591,898
Taxable individual retirement arrangements distributions	$3,880,676
Taxable pensions and annuities	$15,259,445
Unemployment compensation [3]	$339,316
Taxable Social Security benefits	$4,860,687
Self-employment retirement plans	$206,393
Total itemized deductions [4]	$33,050,661
State and local income taxes	$420,269
State and local general sales tax	$1,867,693
Real estate taxes	$8,277,123
Taxes paid	$10,751,640
Mortgage interest paid	$14,349,126
Contributions	$3,671,321
Taxable income	$111,444,427
Total tax credits [5]	$1,999,005
Residential energy tax credit	$0
Child tax credit	$1,420,606
Child and dependent care credit	$152,192
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$32,124
Income tax [8]	$14,970,907
Total tax liability [9]	$16,130,232
Tax due at time of filing [10]	$1,372,781
Overpayments refunded [11]	($6,374,037)

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

Number of returns [1]	4,373
Number of joint returns	3,798
Number of returns with paid preparer's signature	1,956
Number of exemptions	13,808
Number of dependents	2,814
Adjust gross income (AGI) [2]	$608,376,252
Salaries and wages	$496,396,307
Taxable interest	$8,125,079
Ordinary dividends	$8,738,919
Business or professional net income (less loss)	$20,187,055
Net capital gain (less loss)	$5,010,651
Taxable individual retirement arrangements distributions	$11,329,944
Taxable pensions and annuities	$42,904,722
Unemployment compensation [3]	$556,851
Taxable Social Security benefits	$7,722,534
Self-employment retirement plans	$1,061,468
Total itemized deductions [4]	$106,292,241
State and local income taxes	$1,561,349
State and local general sales tax	$7,277,754
Real estate taxes	$26,779,366
Taxes paid	$36,142,293
Mortgage interest paid	$46,445,274
Contributions	$14,311,800
Taxable income	$449,024,493
Total tax credits [5]	$2,702,704
Residential energy tax credit	$11,689
Child tax credit	$1,851,168
Child and dependent care credit	$360,971
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$444,595
Income tax [8]	$79,769,209
Total tax liability [9]	$83,254,118
Tax due at time of filing [10]	$5,840,571
Overpayments refunded [11]	($15,282,005)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	1,866
Number of joint returns	1,683
Number of returns with paid preparer's signature	1,215
Number of exemptions	6,018
Number of dependents	1,221
Adjust gross income (AGI) [2]	$830,467,202
Salaries and wages	$543,231,401
Taxable interest	$16,365,317
Ordinary dividends	$22,778,881
Business or professional net income (less loss)	$37,237,620
Net capital gain (less loss)	$72,836,287
Taxable individual retirement arrangements distributions	$6,252,899
Taxable pensions and annuities	$20,608,280
Unemployment compensation [3]	$112,287
Taxable Social Security benefits	$3,093,989
Self-employment retirement plans	$3,731,199
Total itemized deductions [4]	$85,057,604
State and local income taxes	$4,139,897
State and local general sales tax	$5,314,285
Real estate taxes	$20,465,516
Taxes paid	$30,674,442
Mortgage interest paid	$28,968,827
Contributions	$18,762,619
Taxable income	$727,521,643
Total tax credits [5]	$1,605,085
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$111,444
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$3,615,207
Income tax [8]	$194,956,463
Total tax liability [9]	$199,282,603
Tax due at time of filing [10]	$19,658,529
Overpayments refunded [11]	($12,517,957)

[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.