Home » Arizona » COCONINO County » ZIP Code 86339 » Tax Stats

86339 Income Tax Overview

Total Number of Tax Returns for ZIP Code 86339 [1]	932
Total Number of Joint Tax Returns for ZIP Code 86339	311
Total Number of Dependents for ZIP Code 86339	187
Total Adjusted Gross Income for ZIP Code 86339	53,503,188
Average Income per Person for ZIP Code 86339	$53,503,188

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]	196
Number of joint returns	28
Number of returns with paid preparer's signature	131
Number of exemptions	249
Number of dependents	26
Adjust gross income (AGI) [2]	$11,725
Salaries and wages	$383,001
Taxable interest	$193,510
Ordinary dividends	$120,619
Business or professional net income (less loss)	($120,728)
Net capital gain (less loss)	($58,704)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$66,119
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,467,442
State and local income taxes	$0
State and local general sales tax	$20,974
Real estate taxes	$92,254
Taxes paid	$176,282
Mortgage interest paid	$766,378
Contributions	$15,351
Taxable income	$10,825
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$41,671
Excess earned income credit (refundable) [7]	$25,721
Alternative minimum tax	$0
Income tax [8]	$1,073
Total tax liability [9]	$53,428
Tax due at time of filing [10]	$15,933
Overpayments refunded [11]	($64,448)

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

Number of returns [1]	236
Number of joint returns	38
Number of returns with paid preparer's signature	152
Number of exemptions	386
Number of dependents	49
Adjust gross income (AGI) [2]	$4,068,362
Salaries and wages	$2,664,041
Taxable interest	$261,794
Ordinary dividends	$177,982
Business or professional net income (less loss)	$543,843
Net capital gain (less loss)	$88,848
Taxable individual retirement arrangements distributions	$170,987
Taxable pensions and annuities	$338,544
Unemployment compensation [3]	$43,290
Taxable Social Security benefits	$29,504
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,319,843
State and local income taxes	$21,426
State and local general sales tax	$20,986
Real estate taxes	$104,452
Taxes paid	$173,601
Mortgage interest paid	$393,115
Contributions	$59,362
Taxable income	$1,112,940
Total tax credits [5]	$5,129
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$73,133
Excess earned income credit (refundable) [7]	$56,489
Alternative minimum tax	$0
Income tax [8]	$113,333
Total tax liability [9]	$218,904
Tax due at time of filing [10]	$68,871
Overpayments refunded [11]	($260,328)

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

Number of returns [1]	229
Number of joint returns	70
Number of returns with paid preparer's signature	139
Number of exemptions	439
Number of dependents	64
Adjust gross income (AGI) [2]	$8,362,547
Salaries and wages	$5,644,379
Taxable interest	$296,126
Ordinary dividends	$257,624
Business or professional net income (less loss)	$664,864
Net capital gain (less loss)	($2,593)
Taxable individual retirement arrangements distributions	$206,635
Taxable pensions and annuities	$867,511
Unemployment compensation [3]	$0
Taxable Social Security benefits	$318,717
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,048,373
State and local income taxes	$82,993
State and local general sales tax	$55,385
Real estate taxes	$180,927
Taxes paid	$342,204
Mortgage interest paid	$1,065,592
Contributions	$179,354
Taxable income	$4,039,178
Total tax credits [5]	$51,043
Residential energy tax credit	$0
Child tax credit	$44,057
Child and dependent care credit	$0
Earned income credit [6]	$22,131
Excess earned income credit (refundable) [7]	$14,231
Alternative minimum tax	$0
Income tax [8]	$445,497
Total tax liability [9]	$583,602
Tax due at time of filing [10]	$88,382
Overpayments refunded [11]	($384,488)

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

Number of returns [1]	84
Number of joint returns	41
Number of returns with paid preparer's signature	69
Number of exemptions	149
Number of dependents	13
Adjust gross income (AGI) [2]	$5,102,808
Salaries and wages	$2,350,236
Taxable interest	$162,809
Ordinary dividends	$376,433
Business or professional net income (less loss)	$521,882
Net capital gain (less loss)	$105,467
Taxable individual retirement arrangements distributions	$164,260
Taxable pensions and annuities	$718,544
Unemployment compensation [3]	$0
Taxable Social Security benefits	$416,797
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,257,742
State and local income taxes	$103,420
State and local general sales tax	$25,069
Real estate taxes	$137,008
Taxes paid	$279,909
Mortgage interest paid	$421,297
Contributions	$133,124
Taxable income	$3,076,289
Total tax credits [5]	$21,298
Residential energy tax credit	$0
Child tax credit	$24,200
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]	$396,027
Total tax liability [9]	$490,107
Tax due at time of filing [10]	$99,685
Overpayments refunded [11]	($144,039)

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

Number of returns [1]	67
Number of joint returns	47
Number of returns with paid preparer's signature	52
Number of exemptions	133
Number of dependents	13
Adjust gross income (AGI) [2]	$5,839,686
Salaries and wages	$2,320,759
Taxable interest	$417,192
Ordinary dividends	$299,926
Business or professional net income (less loss)	$355,638
Net capital gain (less loss)	$40,015
Taxable individual retirement arrangements distributions	$447,691
Taxable pensions and annuities	$907,326
Unemployment compensation [3]	$0
Taxable Social Security benefits	$537,865
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,628,010
State and local income taxes	$87,930
State and local general sales tax	$25,045
Real estate taxes	$142,350
Taxes paid	$294,782
Mortgage interest paid	$830,154
Contributions	$150,386
Taxable income	$3,630,900
Total tax credits [5]	$11,224
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]	$509,900
Total tax liability [9]	$570,822
Tax due at time of filing [10]	$95,770
Overpayments refunded [11]	($139,364)

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

Number of returns [1]	87
Number of joint returns	64
Number of returns with paid preparer's signature	73
Number of exemptions	174
Number of dependents	22
Adjust gross income (AGI) [2]	$11,571,359
Salaries and wages	$4,325,369
Taxable interest	$1,019,464
Ordinary dividends	$695,895
Business or professional net income (less loss)	$1,253,245
Net capital gain (less loss)	$413,079
Taxable individual retirement arrangements distributions	$658,997
Taxable pensions and annuities	$1,706,853
Unemployment compensation [3]	$0
Taxable Social Security benefits	$626,479
Self-employment retirement plans	$0
Total itemized deductions [4]	$2,864,132
State and local income taxes	$402,957
State and local general sales tax	$63,683
Real estate taxes	$285,424
Taxes paid	$790,781
Mortgage interest paid	$1,141,142
Contributions	$262,993
Taxable income	$7,975,238
Total tax credits [5]	$16,027
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]	$1,384,456
Total tax liability [9]	$1,535,356
Tax due at time of filing [10]	$117,656
Overpayments refunded [11]	($392,230)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	33
Number of joint returns	23
Number of returns with paid preparer's signature	33
Number of exemptions	63
Number of dependents	0
Adjust gross income (AGI) [2]	$18,546,701
Salaries and wages	$2,859,987
Taxable interest	$1,081,840
Ordinary dividends	$958,204
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$1,076,146
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$257,995
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,425,243
State and local income taxes	$890,045
State and local general sales tax	$0
Real estate taxes	$224,472
Taxes paid	$1,145,065
Mortgage interest paid	$632,956
Contributions	$385,771
Taxable income	$14,937,518
Total tax credits [5]	$745,646
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	$86,547
Income tax [8]	$3,587,268
Total tax liability [9]	$3,770,088
Tax due at time of filing [10]	$282,920
Overpayments refunded [11]	($311,575)

[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.