Home » Arizona » MARICOPA County » ZIP Code 85015 » Tax Stats

85015 Income Tax Overview

Total Number of Tax Returns for ZIP Code 85015 [1]	15,384
Total Number of Joint Tax Returns for ZIP Code 85015	3,781
Total Number of Dependents for ZIP Code 85015	8,243
Total Adjusted Gross Income for ZIP Code 85015	473,813,008
Average Income per Person for ZIP Code 85015	$12,587

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]	2,521
Number of joint returns	271
Number of returns with paid preparer's signature	1,448
Number of exemptions	4,380
Number of dependents	962
Adjust gross income (AGI) [2]	$11,751,785
Salaries and wages	$12,010,190
Taxable interest	$383,103
Ordinary dividends	$193,829
Business or professional net income (less loss)	$848,785
Net capital gain (less loss)	$44,475
Taxable individual retirement arrangements distributions	$236,021
Taxable pensions and annuities	$608,912
Unemployment compensation [3]	$324,049
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,986,805
State and local income taxes	$59,013
State and local general sales tax	$33,488
Real estate taxes	$192,576
Taxes paid	$318,367
Mortgage interest paid	$1,247,396
Contributions	$63,639
Taxable income	$256,998
Total tax credits [5]	$708
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$1,713,267
Excess earned income credit (refundable) [7]	$1,539,044
Alternative minimum tax	$0
Income tax [8]	$29,079
Total tax liability [9]	$300,061
Tax due at time of filing [10]	$70,078
Overpayments refunded [11]	($2,634,888)

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

Number of returns [1]	5,636
Number of joint returns	900
Number of returns with paid preparer's signature	4,073
Number of exemptions	15,683
Number of dependents	3,732
Adjust gross income (AGI) [2]	$98,337,613
Salaries and wages	$88,264,880
Taxable interest	$887,388
Ordinary dividends	$431,202
Business or professional net income (less loss)	$4,114,199
Net capital gain (less loss)	($42,583)
Taxable individual retirement arrangements distributions	$771,224
Taxable pensions and annuities	$3,207,843
Unemployment compensation [3]	$941,609
Taxable Social Security benefits	$141,534
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,075,934
State and local income taxes	$100,136
State and local general sales tax	$108,092
Real estate taxes	$357,608
Taxes paid	$724,609
Mortgage interest paid	$1,946,849
Contributions	$396,290
Taxable income	$16,725,741
Total tax credits [5]	$435,304
Residential energy tax credit	$0
Child tax credit	$281,887
Child and dependent care credit	$22,317
Earned income credit [6]	$6,093,140
Excess earned income credit (refundable) [7]	$5,571,324
Alternative minimum tax	$0
Income tax [8]	$1,367,363
Total tax liability [9]	$2,036,265
Tax due at time of filing [10]	$197,584
Overpayments refunded [11]	($13,462,714)

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

Number of returns [1]	4,855
Number of joint returns	1,328
Number of returns with paid preparer's signature	3,023
Number of exemptions	13,397
Number of dependents	2,619
Adjust gross income (AGI) [2]	$169,387,926
Salaries and wages	$153,549,501
Taxable interest	$1,607,139
Ordinary dividends	$969,953
Business or professional net income (less loss)	$2,027,546
Net capital gain (less loss)	($17,302)
Taxable individual retirement arrangements distributions	$1,755,980
Taxable pensions and annuities	$7,087,469
Unemployment compensation [3]	$593,553
Taxable Social Security benefits	$2,288,177
Self-employment retirement plans	$0
Total itemized deductions [4]	$18,133,737
State and local income taxes	$912,844
State and local general sales tax	$344,020
Real estate taxes	$1,191,173
Taxes paid	$2,746,335
Mortgage interest paid	$8,256,153
Contributions	$1,253,877
Taxable income	$77,127,865
Total tax credits [5]	$1,985,159
Residential energy tax credit	$0
Child tax credit	$1,568,908
Child and dependent care credit	$79,537
Earned income credit [6]	$1,194,594
Excess earned income credit (refundable) [7]	$1,045,716
Alternative minimum tax	$0
Income tax [8]	$7,683,398
Total tax liability [9]	$8,134,560
Tax due at time of filing [10]	$622,652
Overpayments refunded [11]	($11,675,774)

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

Number of returns [1]	1,364
Number of joint returns	623
Number of returns with paid preparer's signature	780
Number of exemptions	3,154
Number of dependents	523
Adjust gross income (AGI) [2]	$82,719,377
Salaries and wages	$69,786,895
Taxable interest	$1,225,133
Ordinary dividends	$807,949
Business or professional net income (less loss)	$1,171,376
Net capital gain (less loss)	$33,749
Taxable individual retirement arrangements distributions	$990,979
Taxable pensions and annuities	$5,942,160
Unemployment compensation [3]	$155,070
Taxable Social Security benefits	$2,619,150
Self-employment retirement plans	$86,751
Total itemized deductions [4]	$13,630,732
State and local income taxes	$1,290,514
State and local general sales tax	$206,693
Real estate taxes	$981,184
Taxes paid	$2,749,943
Mortgage interest paid	$6,457,962
Contributions	$1,455,078
Taxable income	$52,830,991
Total tax credits [5]	$813,715
Residential energy tax credit	$0
Child tax credit	$671,932
Child and dependent care credit	$30,202
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$7,011,933
Total tax liability [9]	$7,300,065
Tax due at time of filing [10]	$473,228
Overpayments refunded [11]	($2,960,841)

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

Number of returns [1]	573
Number of joint returns	348
Number of returns with paid preparer's signature	309
Number of exemptions	1,351
Number of dependents	221
Adjust gross income (AGI) [2]	$49,096,467
Salaries and wages	$39,960,038
Taxable interest	$686,782
Ordinary dividends	$469,825
Business or professional net income (less loss)	$805,911
Net capital gain (less loss)	$247,477
Taxable individual retirement arrangements distributions	$787,770
Taxable pensions and annuities	$3,957,550
Unemployment compensation [3]	$39,632
Taxable Social Security benefits	$1,658,469
Self-employment retirement plans	$0
Total itemized deductions [4]	$8,120,596
State and local income taxes	$1,102,834
State and local general sales tax	$74,634
Real estate taxes	$588,625
Taxes paid	$1,917,562
Mortgage interest paid	$3,709,336
Contributions	$982,983
Taxable income	$34,550,205
Total tax credits [5]	$388,915
Residential energy tax credit	$0
Child tax credit	$275,417
Child and dependent care credit	$27,643
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$23,395
Income tax [8]	$5,093,650
Total tax liability [9]	$5,254,411
Tax due at time of filing [10]	$282,713
Overpayments refunded [11]	($1,319,949)

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

Number of returns [1]	393
Number of joint returns	284
Number of returns with paid preparer's signature	234
Number of exemptions	969
Number of dependents	172
Adjust gross income (AGI) [2]	$50,414,256
Salaries and wages	$37,307,798
Taxable interest	$1,127,889
Ordinary dividends	$895,433
Business or professional net income (less loss)	$1,745,316
Net capital gain (less loss)	$801,525
Taxable individual retirement arrangements distributions	$1,788,976
Taxable pensions and annuities	$4,108,677
Unemployment compensation [3]	$0
Taxable Social Security benefits	$1,516,489
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,842,809
State and local income taxes	$1,502,668
State and local general sales tax	$67,192
Real estate taxes	$553,083
Taxes paid	$2,244,741
Mortgage interest paid	$3,501,515
Contributions	$970,786
Taxable income	$38,406,407
Total tax credits [5]	$162,725
Residential energy tax credit	$0
Child tax credit	$111,800
Child and dependent care credit	$18,206
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,908,804
Total tax liability [9]	$7,208,520
Tax due at time of filing [10]	$800,583
Overpayments refunded [11]	($920,539)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	42
Number of joint returns	27
Number of returns with paid preparer's signature	32
Number of exemptions	98
Number of dependents	14
Adjust gross income (AGI) [2]	$12,105,584
Salaries and wages	$5,641,661
Taxable interest	$444,959
Ordinary dividends	$124,355
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$747,225
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$578,640
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,385,889
State and local income taxes	$444,079
State and local general sales tax	$0
Real estate taxes	$84,197
Taxes paid	$563,643
Mortgage interest paid	$509,794
Contributions	$176,227
Taxable income	$10,365,407
Total tax credits [5]	$4,542
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	$54,320
Income tax [8]	$2,333,328
Total tax liability [9]	$2,387,394
Tax due at time of filing [10]	$551,804
Overpayments refunded [11]	($140,101)

[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.