Home » California » LOS ANGELES County » INGLEWOOD, CA » ZIP Code 90303 » Tax Stats

90303 Income Tax Overview

Total Number of Tax Returns for ZIP Code 90303 [1]	10,227
Total Number of Joint Tax Returns for ZIP Code 90303	2,464
Total Number of Dependents for ZIP Code 90303	5,679
Total Adjusted Gross Income for ZIP Code 90303	328,898,819
Average Income per Person for ZIP Code 90303	$12,565

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]	1,629
Number of joint returns	136
Number of returns with paid preparer's signature	1,246
Number of exemptions	2,327
Number of dependents	526
Adjust gross income (AGI) [2]	$8,207,252
Salaries and wages	$7,147,445
Taxable interest	$177,102
Ordinary dividends	$11,536
Business or professional net income (less loss)	$2,157,870
Net capital gain (less loss)	($26,387)
Taxable individual retirement arrangements distributions	$24,610
Taxable pensions and annuities	$690,598
Unemployment compensation [3]	$175,025
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,725,757
State and local income taxes	$33,431
State and local general sales tax	$28,769
Real estate taxes	$164,920
Taxes paid	$248,452
Mortgage interest paid	$1,237,328
Contributions	$52,300
Taxable income	$263,177
Total tax credits [5]	$749
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$1,108,678
Excess earned income credit (refundable) [7]	$911,347
Alternative minimum tax	$0
Income tax [8]	$25,586
Total tax liability [9]	$384,501
Tax due at time of filing [10]	$116,847
Overpayments refunded [11]	($1,542,367)

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

Number of returns [1]	3,620
Number of joint returns	570
Number of returns with paid preparer's signature	3,000
Number of exemptions	8,103
Number of dependents	2,211
Adjust gross income (AGI) [2]	$62,982,038
Salaries and wages	$52,055,536
Taxable interest	$325,411
Ordinary dividends	$63,647
Business or professional net income (less loss)	$7,202,075
Net capital gain (less loss)	($34,951)
Taxable individual retirement arrangements distributions	$263,174
Taxable pensions and annuities	$2,796,194
Unemployment compensation [3]	$1,135,124
Taxable Social Security benefits	$92,641
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,964,366
State and local income taxes	$80,219
State and local general sales tax	$100,998
Real estate taxes	$756,032
Taxes paid	$1,096,272
Mortgage interest paid	$3,398,129
Contributions	$435,353
Taxable income	$13,395,758
Total tax credits [5]	$480,045
Residential energy tax credit	$0
Child tax credit	$216,000
Child and dependent care credit	$35,428
Earned income credit [6]	$5,649,657
Excess earned income credit (refundable) [7]	$4,758,073
Alternative minimum tax	$0
Income tax [8]	$968,879
Total tax liability [9]	$2,095,557
Tax due at time of filing [10]	$222,985
Overpayments refunded [11]	($9,323,526)

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

Number of returns [1]	3,105
Number of joint returns	832
Number of returns with paid preparer's signature	2,521
Number of exemptions	7,687
Number of dependents	1,902
Adjust gross income (AGI) [2]	$110,023,951
Salaries and wages	$99,344,270
Taxable interest	$506,444
Ordinary dividends	$75,046
Business or professional net income (less loss)	$1,994,347
Net capital gain (less loss)	($74,894)
Taxable individual retirement arrangements distributions	$649,837
Taxable pensions and annuities	$6,589,002
Unemployment compensation [3]	$942,906
Taxable Social Security benefits	$1,098,573
Self-employment retirement plans	$0
Total itemized deductions [4]	$18,994,791
State and local income taxes	$760,110
State and local general sales tax	$308,155
Real estate taxes	$1,916,194
Taxes paid	$3,527,440
Mortgage interest paid	$9,173,023
Contributions	$2,127,616
Taxable income	$48,789,210
Total tax credits [5]	$1,939,247
Residential energy tax credit	$0
Child tax credit	$1,218,673
Child and dependent care credit	$177,857
Earned income credit [6]	$1,105,469
Excess earned income credit (refundable) [7]	$914,163
Alternative minimum tax	$0
Income tax [8]	$4,075,174
Total tax liability [9]	$4,561,611
Tax due at time of filing [10]	$385,383
Overpayments refunded [11]	($7,377,488)

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

Number of returns [1]	1,136
Number of joint returns	469
Number of returns with paid preparer's signature	875
Number of exemptions	3,006
Number of dependents	659
Adjust gross income (AGI) [2]	$68,671,946
Salaries and wages	$57,458,194
Taxable interest	$707,048
Ordinary dividends	$105,943
Business or professional net income (less loss)	$774,159
Net capital gain (less loss)	($66,720)
Taxable individual retirement arrangements distributions	$879,232
Taxable pensions and annuities	$6,939,025
Unemployment compensation [3]	$332,526
Taxable Social Security benefits	$1,967,651
Self-employment retirement plans	$0
Total itemized deductions [4]	$16,144,817
State and local income taxes	$1,322,929
State and local general sales tax	$164,953
Real estate taxes	$1,633,926
Taxes paid	$3,536,672
Mortgage interest paid	$7,546,599
Contributions	$2,074,496
Taxable income	$38,037,113
Total tax credits [5]	$939,264
Residential energy tax credit	$0
Child tax credit	$744,713
Child and dependent care credit	$79,872
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$12,548
Income tax [8]	$4,462,011
Total tax liability [9]	$4,634,514
Tax due at time of filing [10]	$471,049
Overpayments refunded [11]	($3,006,438)

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

Number of returns [1]	415
Number of joint returns	229
Number of returns with paid preparer's signature	322
Number of exemptions	1,075
Number of dependents	216
Adjust gross income (AGI) [2]	$35,553,359
Salaries and wages	$28,746,351
Taxable interest	$408,112
Ordinary dividends	$38,126
Business or professional net income (less loss)	$418,811
Net capital gain (less loss)	($1,677)
Taxable individual retirement arrangements distributions	$331,910
Taxable pensions and annuities	$4,286,843
Unemployment compensation [3]	$44,263
Taxable Social Security benefits	$1,187,344
Self-employment retirement plans	$0
Total itemized deductions [4]	$9,096,746
State and local income taxes	$1,026,573
State and local general sales tax	$55,318
Real estate taxes	$885,465
Taxes paid	$2,159,011
Mortgage interest paid	$4,370,205
Contributions	$1,210,626
Taxable income	$21,749,890
Total tax credits [5]	$315,672
Residential energy tax credit	$0
Child tax credit	$216,314
Child and dependent care credit	$33,725
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$3,033,373
Total tax liability [9]	$3,122,772
Tax due at time of filing [10]	$318,892
Overpayments refunded [11]	($1,257,836)

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

Number of returns [1]	299
Number of joint returns	210
Number of returns with paid preparer's signature	230
Number of exemptions	839
Number of dependents	150
Adjust gross income (AGI) [2]	$37,862,142
Salaries and wages	$29,943,949
Taxable interest	$426,395
Ordinary dividends	$130,383
Business or professional net income (less loss)	$58,518
Net capital gain (less loss)	$552,892
Taxable individual retirement arrangements distributions	$871,890
Taxable pensions and annuities	$4,927,662
Unemployment compensation [3]	$166,337
Taxable Social Security benefits	$958,244
Self-employment retirement plans	$0
Total itemized deductions [4]	$10,292,790
State and local income taxes	$1,514,575
State and local general sales tax	$43,018
Real estate taxes	$847,943
Taxes paid	$2,561,744
Mortgage interest paid	$4,494,057
Contributions	$1,449,013
Taxable income	$24,383,500
Total tax credits [5]	$161,574
Residential energy tax credit	$0
Child tax credit	$119,861
Child and dependent care credit	$23,783
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$45,089
Income tax [8]	$4,169,693
Total tax liability [9]	$4,284,464
Tax due at time of filing [10]	$459,513
Overpayments refunded [11]	($994,752)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	23
Number of joint returns	18
Number of returns with paid preparer's signature	18
Number of exemptions	71
Number of dependents	15
Adjust gross income (AGI) [2]	$5,598,131
Salaries and wages	$3,660,076
Taxable interest	$25,743
Ordinary dividends	$6,801
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]	$1,701,636
State and local income taxes	$255,200
State and local general sales tax	$0
Real estate taxes	$80,256
Taxes paid	$354,565
Mortgage interest paid	$493,089
Contributions	$222,722
Taxable income	$3,667,892
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	$51,316
Income tax [8]	$808,461
Total tax liability [9]	$836,854
Tax due at time of filing [10]	$144,841
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.