Home » Idaho » CANYON County » ZIP Code 83606 » Tax Stats

83606 Income Tax Overview

Total Number of Tax Returns for ZIP Code 83606 [1]	571
Total Number of Joint Tax Returns for ZIP Code 83606	224
Total Number of Dependents for ZIP Code 83606	206
Total Adjusted Gross Income for ZIP Code 83606	22,430,123
Average Income per Person for ZIP Code 83606	$22,430,123

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]	106
Number of joint returns	28
Number of returns with paid preparer's signature	66
Number of exemptions	163
Number of dependents	24
Adjust gross income (AGI) [2]	$363,754
Salaries and wages	$448,633
Taxable interest	$22,631
Ordinary dividends	$13,715
Business or professional net income (less loss)	($45,853)
Net capital gain (less loss)	($6,437)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$70,661
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$0
State and local income taxes	$7,897
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$0
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$50,930
Excess earned income credit (refundable) [7]	$44,734
Alternative minimum tax	$0
Income tax [8]	$0
Total tax liability [9]	$9,571
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($88,476)

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

Number of returns [1]	167
Number of joint returns	47
Number of returns with paid preparer's signature	108
Number of exemptions	349
Number of dependents	70
Adjust gross income (AGI) [2]	$2,958,640
Salaries and wages	$2,173,918
Taxable interest	$64,962
Ordinary dividends	$0
Business or professional net income (less loss)	$221,494
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$238,552
Unemployment compensation [3]	$176,839
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$390,571
State and local income taxes	$0
State and local general sales tax	$11,908
Real estate taxes	$38,396
Taxes paid	$57,012
Mortgage interest paid	$122,198
Contributions	$21,336
Taxable income	$731,972
Total tax credits [5]	$9,252
Residential energy tax credit	$0
Child tax credit	$5,133
Child and dependent care credit	$0
Earned income credit [6]	$197,619
Excess earned income credit (refundable) [7]	$174,698
Alternative minimum tax	$0
Income tax [8]	$70,558
Total tax liability [9]	$109,430
Tax due at time of filing [10]	$22,070
Overpayments refunded [11]	($350,237)

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

Number of returns [1]	186
Number of joint returns	66
Number of returns with paid preparer's signature	119
Number of exemptions	424
Number of dependents	82
Adjust gross income (AGI) [2]	$6,462,318
Salaries and wages	$5,368,270
Taxable interest	$90,725
Ordinary dividends	$10,555
Business or professional net income (less loss)	$174,926
Net capital gain (less loss)	$767
Taxable individual retirement arrangements distributions	$145,080
Taxable pensions and annuities	$376,366
Unemployment compensation [3]	$166,989
Taxable Social Security benefits	$133,496
Self-employment retirement plans	$0
Total itemized deductions [4]	$675,859
State and local income taxes	$71,714
State and local general sales tax	$0
Real estate taxes	$48,776
Taxes paid	$127,114
Mortgage interest paid	$293,089
Contributions	$65,801
Taxable income	$3,136,825
Total tax credits [5]	$67,885
Residential energy tax credit	$0
Child tax credit	$43,555
Child and dependent care credit	$5,636
Earned income credit [6]	$56,324
Excess earned income credit (refundable) [7]	$43,781
Alternative minimum tax	$0
Income tax [8]	$314,884
Total tax liability [9]	$353,281
Tax due at time of filing [10]	$40,199
Overpayments refunded [11]	($341,705)

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

Number of returns [1]	50
Number of joint returns	32
Number of returns with paid preparer's signature	33
Number of exemptions	111
Number of dependents	15
Adjust gross income (AGI) [2]	$2,984,767
Salaries and wages	$2,212,279
Taxable interest	$63,977
Ordinary dividends	$21,728
Business or professional net income (less loss)	$121,212
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$374,967
Unemployment compensation [3]	$0
Taxable Social Security benefits	$223,378
Self-employment retirement plans	$0
Total itemized deductions [4]	$446,173
State and local income taxes	$71,809
State and local general sales tax	$0
Real estate taxes	$28,826
Taxes paid	$106,052
Mortgage interest paid	$192,459
Contributions	$59,666
Taxable income	$1,922,497
Total tax credits [5]	$35,643
Residential energy tax credit	$0
Child tax credit	$30,855
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$245,293
Total tax liability [9]	$271,901
Tax due at time of filing [10]	$21,602
Overpayments refunded [11]	($85,748)

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

Number of returns [1]	21
Number of joint returns	18
Number of returns with paid preparer's signature	17
Number of exemptions	51
Number of dependents	15
Adjust gross income (AGI) [2]	$1,796,641
Salaries and wages	$1,136,928
Taxable interest	$15,712
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$360,192
State and local income taxes	$64,024
State and local general sales tax	$0
Real estate taxes	$37,416
Taxes paid	$101,605
Mortgage interest paid	$125,050
Contributions	$44,765
Taxable income	$1,200,199
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	$0
Income tax [8]	$146,144
Total tax liability [9]	$152,930
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($47,581)

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

Number of returns [1]	29
Number of joint returns	22
Number of returns with paid preparer's signature	21
Number of exemptions	60
Number of dependents	0
Adjust gross income (AGI) [2]	$3,786,720
Salaries and wages	$2,302,352
Taxable interest	$104,836
Ordinary dividends	$66,249
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$746,204
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$458,234
Unemployment compensation [3]	$0
Taxable Social Security benefits	$281,586
Self-employment retirement plans	$0
Total itemized deductions [4]	$498,049
State and local income taxes	$141,359
State and local general sales tax	$0
Real estate taxes	$42,864
Taxes paid	$193,362
Mortgage interest paid	$308,395
Contributions	$74,759
Taxable income	$2,976,238
Total tax credits [5]	$4,036
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	$0
Income tax [8]	$487,422
Total tax liability [9]	$539,332
Tax due at time of filing [10]	$265,834
Overpayments refunded [11]	($60,975)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	12
Number of joint returns	11
Number of returns with paid preparer's signature	12
Number of exemptions	29
Number of dependents	0
Adjust gross income (AGI) [2]	$4,077,283
Salaries and wages	$0
Taxable interest	$0
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$476,202
State and local income taxes	$239,405
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$312,220
Mortgage interest paid	$0
Contributions	$0
Taxable income	$3,509,781
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	$0
Income tax [8]	$917,928
Total tax liability [9]	$947,364
Tax due at time of filing [10]	$0
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.