Home » Utah » SALT LAKE County » ZIP Code 84152 » Tax Stats

84152 Income Tax Overview

Total Number of Tax Returns for ZIP Code 84152 [1]	833
Total Number of Joint Tax Returns for ZIP Code 84152	158
Total Number of Dependents for ZIP Code 84152	175
Total Adjusted Gross Income for ZIP Code 84152	41,160,015
Average Income per Person for ZIP Code 84152	$41,160,015

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]	144
Number of joint returns	12
Number of returns with paid preparer's signature	71
Number of exemptions	172
Number of dependents	18
Adjust gross income (AGI) [2]	$338,488
Salaries and wages	$718,006
Taxable interest	$45,726
Ordinary dividends	$47,679
Business or professional net income (less loss)	($27,791)
Net capital gain (less loss)	($8,161)
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]	$548,749
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$40,314
Taxes paid	$63,479
Mortgage interest paid	$341,676
Contributions	$0
Taxable income	$19,344
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$31,453
Excess earned income credit (refundable) [7]	$22,794
Alternative minimum tax	$0
Income tax [8]	$1,771
Total tax liability [9]	$29,104
Tax due at time of filing [10]	$15,358
Overpayments refunded [11]	($76,120)

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

Number of returns [1]	227
Number of joint returns	27
Number of returns with paid preparer's signature	97
Number of exemptions	355
Number of dependents	55
Adjust gross income (AGI) [2]	$3,960,501
Salaries and wages	$3,291,041
Taxable interest	$37,647
Ordinary dividends	$73,632
Business or professional net income (less loss)	$298,882
Net capital gain (less loss)	($2,778)
Taxable individual retirement arrangements distributions	$105,246
Taxable pensions and annuities	$201,703
Unemployment compensation [3]	$64,851
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$450,252
State and local income taxes	$15,855
State and local general sales tax	$9,312
Real estate taxes	$36,621
Taxes paid	$60,895
Mortgage interest paid	$226,649
Contributions	$69,918
Taxable income	$1,258,603
Total tax credits [5]	$22,966
Residential energy tax credit	$0
Child tax credit	$6,168
Child and dependent care credit	$0
Earned income credit [6]	$135,386
Excess earned income credit (refundable) [7]	$112,907
Alternative minimum tax	$0
Income tax [8]	$112,321
Total tax liability [9]	$166,330
Tax due at time of filing [10]	$31,623
Overpayments refunded [11]	($333,196)

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

Number of returns [1]	248
Number of joint returns	32
Number of returns with paid preparer's signature	106
Number of exemptions	381
Number of dependents	53
Adjust gross income (AGI) [2]	$8,970,762
Salaries and wages	$8,186,221
Taxable interest	$78,669
Ordinary dividends	$41,969
Business or professional net income (less loss)	$234,534
Net capital gain (less loss)	$49,510
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$364,130
Unemployment compensation [3]	$57,947
Taxable Social Security benefits	$44,847
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,213,164
State and local income taxes	$124,565
State and local general sales tax	$14,762
Real estate taxes	$71,058
Taxes paid	$206,727
Mortgage interest paid	$512,575
Contributions	$126,685
Taxable income	$5,478,046
Total tax credits [5]	$66,971
Residential energy tax credit	$0
Child tax credit	$34,685
Child and dependent care credit	$7,310
Earned income credit [6]	$24,348
Excess earned income credit (refundable) [7]	$21,193
Alternative minimum tax	$0
Income tax [8]	$662,707
Total tax liability [9]	$710,760
Tax due at time of filing [10]	$75,738
Overpayments refunded [11]	($362,804)

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

Number of returns [1]	100
Number of joint returns	27
Number of returns with paid preparer's signature	52
Number of exemptions	165
Number of dependents	23
Adjust gross income (AGI) [2]	$6,004,105
Salaries and wages	$4,957,520
Taxable interest	$171,058
Ordinary dividends	$183,409
Business or professional net income (less loss)	($28,685)
Net capital gain (less loss)	$98,956
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$297,685
Unemployment compensation [3]	$0
Taxable Social Security benefits	$168,098
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,180,940
State and local income taxes	$176,793
State and local general sales tax	$0
Real estate taxes	$87,003
Taxes paid	$275,115
Mortgage interest paid	$511,761
Contributions	$111,397
Taxable income	$4,014,898
Total tax credits [5]	$32,430
Residential energy tax credit	$0
Child tax credit	$19,193
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]	$579,124
Total tax liability [9]	$597,069
Tax due at time of filing [10]	$56,031
Overpayments refunded [11]	($193,886)

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

Number of returns [1]	51
Number of joint returns	23
Number of returns with paid preparer's signature	30
Number of exemptions	101
Number of dependents	16
Adjust gross income (AGI) [2]	$4,346,219
Salaries and wages	$3,431,970
Taxable interest	$35,631
Ordinary dividends	$22,043
Business or professional net income (less loss)	$82,862
Net capital gain (less loss)	($16,364)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$331,385
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$877,471
State and local income taxes	$151,676
State and local general sales tax	$0
Real estate taxes	$72,379
Taxes paid	$234,884
Mortgage interest paid	$439,636
Contributions	$110,218
Taxable income	$3,004,248
Total tax credits [5]	$27,664
Residential energy tax credit	$0
Child tax credit	$17,158
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]	$457,518
Total tax liability [9]	$476,413
Tax due at time of filing [10]	$23,129
Overpayments refunded [11]	($92,982)

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

Number of returns [1]	39
Number of joint returns	23
Number of returns with paid preparer's signature	21
Number of exemptions	71
Number of dependents	10
Adjust gross income (AGI) [2]	$5,171,055
Salaries and wages	$3,805,597
Taxable interest	$50,827
Ordinary dividends	$101,023
Business or professional net income (less loss)	$582,634
Net capital gain (less loss)	$132,071
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]	$1,058,129
State and local income taxes	$213,951
State and local general sales tax	$0
Real estate taxes	$73,139
Taxes paid	$298,545
Mortgage interest paid	$387,101
Contributions	$147,687
Taxable income	$3,846,165
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]	$731,536
Total tax liability [9]	$812,333
Tax due at time of filing [10]	$72,125
Overpayments refunded [11]	($219,210)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	24
Number of joint returns	14
Number of returns with paid preparer's signature	20
Number of exemptions	45
Number of dependents	0
Adjust gross income (AGI) [2]	$12,368,885
Salaries and wages	$2,664,826
Taxable interest	$910,599
Ordinary dividends	$4,803,745
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$1,599,082
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]	$2,547,360
State and local income taxes	$980,829
State and local general sales tax	$0
Real estate taxes	$100,594
Taxes paid	$1,082,573
Mortgage interest paid	$131,396
Contributions	$245,238
Taxable income	$9,692,992
Total tax credits [5]	$1,613
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	$139,029
Income tax [8]	$2,123,770
Total tax liability [9]	$2,157,632
Tax due at time of filing [10]	$110,482
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.