Home » Arizona » MOHAVE County » KINGMAN, AZ » ZIP Code 86401 » Tax Stats

86401 Income Tax Overview

Total Number of Tax Returns for ZIP Code 86401 [1]	9,311
Total Number of Joint Tax Returns for ZIP Code 86401	4,386
Total Number of Dependents for ZIP Code 86401	3,233
Total Adjusted Gross Income for ZIP Code 86401	416,203,519
Average Income per Person for ZIP Code 86401	$17,135

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]	1,689
Number of joint returns	331
Number of returns with paid preparer's signature	901
Number of exemptions	2,316
Number of dependents	347
Adjust gross income (AGI) [2]	$4,931,748
Salaries and wages	$7,833,765
Taxable interest	$1,206,149
Ordinary dividends	$317,021
Business or professional net income (less loss)	($762,864)
Net capital gain (less loss)	$431,924
Taxable individual retirement arrangements distributions	$686,591
Taxable pensions and annuities	$1,285,703
Unemployment compensation [3]	$186,988
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,301,562
State and local income taxes	$556,518
State and local general sales tax	$46,834
Real estate taxes	$324,444
Taxes paid	$973,500
Mortgage interest paid	$1,801,907
Contributions	$60,719
Taxable income	$264,114
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$661,078
Excess earned income credit (refundable) [7]	$584,366
Alternative minimum tax	$0
Income tax [8]	$28,398
Total tax liability [9]	$231,877
Tax due at time of filing [10]	$57,510
Overpayments refunded [11]	($1,546,081)

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

Number of returns [1]	2,322
Number of joint returns	634
Number of returns with paid preparer's signature	1,324
Number of exemptions	4,177
Number of dependents	729
Adjust gross income (AGI) [2]	$39,968,121
Salaries and wages	$28,874,879
Taxable interest	$1,348,849
Ordinary dividends	$435,466
Business or professional net income (less loss)	$1,265,629
Net capital gain (less loss)	$299,467
Taxable individual retirement arrangements distributions	$1,450,852
Taxable pensions and annuities	$6,575,155
Unemployment compensation [3]	$645,856
Taxable Social Security benefits	$229,212
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,833,997
State and local income taxes	$155,565
State and local general sales tax	$119,447
Real estate taxes	$307,060
Taxes paid	$678,071
Mortgage interest paid	$1,775,871
Contributions	$354,318
Taxable income	$9,713,499
Total tax credits [5]	$150,963
Residential energy tax credit	$0
Child tax credit	$70,341
Child and dependent care credit	$11,043
Earned income credit [6]	$2,076,915
Excess earned income credit (refundable) [7]	$1,897,010
Alternative minimum tax	$0
Income tax [8]	$896,003
Total tax liability [9]	$1,198,692
Tax due at time of filing [10]	$134,429
Overpayments refunded [11]	($4,573,041)

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

Number of returns [1]	2,368
Number of joint returns	1,089
Number of returns with paid preparer's signature	1,344
Number of exemptions	5,050
Number of dependents	873
Adjust gross income (AGI) [2]	$85,810,093
Salaries and wages	$62,802,520
Taxable interest	$1,960,175
Ordinary dividends	$843,034
Business or professional net income (less loss)	$1,695,037
Net capital gain (less loss)	$193,450
Taxable individual retirement arrangements distributions	$2,401,115
Taxable pensions and annuities	$12,777,153
Unemployment compensation [3]	$530,471
Taxable Social Security benefits	$3,176,792
Self-employment retirement plans	$0
Total itemized deductions [4]	$13,302,226
State and local income taxes	$635,295
State and local general sales tax	$327,236
Real estate taxes	$714,513
Taxes paid	$1,918,742
Mortgage interest paid	$5,472,849
Contributions	$1,058,589
Taxable income	$41,775,005
Total tax credits [5]	$845,763
Residential energy tax credit	$12,940
Child tax credit	$623,655
Child and dependent care credit	$40,200
Earned income credit [6]	$525,152
Excess earned income credit (refundable) [7]	$446,737
Alternative minimum tax	$0
Income tax [8]	$4,217,988
Total tax liability [9]	$4,624,540
Tax due at time of filing [10]	$414,729
Overpayments refunded [11]	($4,899,784)

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

Number of returns [1]	1,390
Number of joint returns	1,011
Number of returns with paid preparer's signature	860
Number of exemptions	3,489
Number of dependents	578
Adjust gross income (AGI) [2]	$85,668,671
Salaries and wages	$61,464,470
Taxable interest	$1,646,436
Ordinary dividends	$617,306
Business or professional net income (less loss)	$1,345,132
Net capital gain (less loss)	$808,663
Taxable individual retirement arrangements distributions	$2,559,505
Taxable pensions and annuities	$11,572,960
Unemployment compensation [3]	$259,782
Taxable Social Security benefits	$4,888,712
Self-employment retirement plans	$0
Total itemized deductions [4]	$14,382,630
State and local income taxes	$1,097,794
State and local general sales tax	$325,346
Real estate taxes	$785,734
Taxes paid	$2,531,197
Mortgage interest paid	$6,678,236
Contributions	$1,237,167
Taxable income	$52,586,052
Total tax credits [5]	$881,931
Residential energy tax credit	$0
Child tax credit	$718,632
Child and dependent care credit	$37,780
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$6,303,660
Total tax liability [9]	$6,732,707
Tax due at time of filing [10]	$622,636
Overpayments refunded [11]	($2,863,656)

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

Number of returns [1]	747
Number of joint returns	632
Number of returns with paid preparer's signature	463
Number of exemptions	2,041
Number of dependents	355
Adjust gross income (AGI) [2]	$64,452,046
Salaries and wages	$48,586,079
Taxable interest	$1,107,466
Ordinary dividends	$617,450
Business or professional net income (less loss)	$1,491,423
Net capital gain (less loss)	$571,311
Taxable individual retirement arrangements distributions	$1,772,557
Taxable pensions and annuities	$6,997,877
Unemployment compensation [3]	$77,507
Taxable Social Security benefits	$2,665,782
Self-employment retirement plans	$0
Total itemized deductions [4]	$11,371,499
State and local income taxes	$1,207,429
State and local general sales tax	$212,535
Real estate taxes	$628,822
Taxes paid	$2,313,987
Mortgage interest paid	$5,674,559
Contributions	$1,020,898
Taxable income	$43,521,950
Total tax credits [5]	$628,311
Residential energy tax credit	$22,699
Child tax credit	$469,153
Child and dependent care credit	$36,169
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,653,754
Total tax liability [9]	$6,016,847
Tax due at time of filing [10]	$450,239
Overpayments refunded [11]	($1,858,944)

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

Number of returns [1]	654
Number of joint returns	575
Number of returns with paid preparer's signature	451
Number of exemptions	1,767
Number of dependents	287
Adjust gross income (AGI) [2]	$84,593,679
Salaries and wages	$57,727,879
Taxable interest	$2,573,590
Ordinary dividends	$1,135,658
Business or professional net income (less loss)	$2,909,731
Net capital gain (less loss)	$2,127,463
Taxable individual retirement arrangements distributions	$3,286,077
Taxable pensions and annuities	$9,065,947
Unemployment compensation [3]	$128,486
Taxable Social Security benefits	$2,406,905
Self-employment retirement plans	$377,271
Total itemized deductions [4]	$15,509,538
State and local income taxes	$2,505,633
State and local general sales tax	$277,520
Real estate taxes	$942,059
Taxes paid	$3,994,116
Mortgage interest paid	$6,597,439
Contributions	$1,825,807
Taxable income	$61,674,638
Total tax credits [5]	$310,177
Residential energy tax credit	$0
Child tax credit	$226,228
Child and dependent care credit	$21,443
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$65,474
Income tax [8]	$10,564,301
Total tax liability [9]	$11,196,459
Tax due at time of filing [10]	$1,057,942
Overpayments refunded [11]	($2,212,252)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	141
Number of joint returns	114
Number of returns with paid preparer's signature	119
Number of exemptions	403
Number of dependents	64
Adjust gross income (AGI) [2]	$50,779,161
Salaries and wages	$22,441,917
Taxable interest	$2,780,238
Ordinary dividends	$953,478
Business or professional net income (less loss)	$3,052,784
Net capital gain (less loss)	$10,018,577
Taxable individual retirement arrangements distributions	$1,175,856
Taxable pensions and annuities	$1,681,166
Unemployment compensation [3]	$0
Taxable Social Security benefits	$592,442
Self-employment retirement plans	$0
Total itemized deductions [4]	$7,123,287
State and local income taxes	$2,338,447
State and local general sales tax	$0
Real estate taxes	$456,510
Taxes paid	$2,920,442
Mortgage interest paid	$2,103,074
Contributions	$1,657,204
Taxable income	$42,409,569
Total tax credits [5]	$43,432
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	$463,878
Income tax [8]	$10,274,452
Total tax liability [9]	$10,554,526
Tax due at time of filing [10]	$1,413,830
Overpayments refunded [11]	($662,799)

[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.