Home » California » VENTURA County » ZIP Code 91360 » Tax Stats

91360 Income Tax Overview

Total Number of Tax Returns for ZIP Code 91360 [1]	19,615
Total Number of Joint Tax Returns for ZIP Code 91360	8,643
Total Number of Dependents for ZIP Code 91360	6,756
Total Adjusted Gross Income for ZIP Code 91360	1,440,725,630
Average Income per Person for ZIP Code 91360	$33,978

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]	3,287
Number of joint returns	357
Number of returns with paid preparer's signature	1,703
Number of exemptions	2,808
Number of dependents	311
Adjust gross income (AGI) [2]	$6,888,041
Salaries and wages	$15,012,669
Taxable interest	$1,710,484
Ordinary dividends	$825,766
Business or professional net income (less loss)	$629,554
Net capital gain (less loss)	$158,223
Taxable individual retirement arrangements distributions	$1,745,282
Taxable pensions and annuities	$1,640,158
Unemployment compensation [3]	$271,089
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$11,550,130
State and local income taxes	$606,468
State and local general sales tax	$55,309
Real estate taxes	$1,160,858
Taxes paid	$1,909,970
Mortgage interest paid	$6,093,508
Contributions	$136,867
Taxable income	$1,004,719
Total tax credits [5]	$4,262
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$497,269
Excess earned income credit (refundable) [7]	$364,735
Alternative minimum tax	$0
Income tax [8]	$93,001
Total tax liability [9]	$573,078
Tax due at time of filing [10]	$232,721
Overpayments refunded [11]	($2,010,767)

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

Number of returns [1]	3,366
Number of joint returns	662
Number of returns with paid preparer's signature	2,067
Number of exemptions	5,704
Number of dependents	985
Adjust gross income (AGI) [2]	$57,395,992
Salaries and wages	$39,588,120
Taxable interest	$2,870,384
Ordinary dividends	$1,668,651
Business or professional net income (less loss)	$7,033,241
Net capital gain (less loss)	$24,037
Taxable individual retirement arrangements distributions	$2,151,729
Taxable pensions and annuities	$4,984,063
Unemployment compensation [3]	$974,901
Taxable Social Security benefits	$384,823
Self-employment retirement plans	$46,629
Total itemized deductions [4]	$13,530,197
State and local income taxes	$342,525
State and local general sales tax	$160,492
Real estate taxes	$1,272,507
Taxes paid	$1,884,268
Mortgage interest paid	$6,523,971
Contributions	$607,910
Taxable income	$15,900,857
Total tax credits [5]	$216,273
Residential energy tax credit	$0
Child tax credit	$74,198
Child and dependent care credit	$7,864
Earned income credit [6]	$1,633,562
Excess earned income credit (refundable) [7]	$1,237,335
Alternative minimum tax	$0
Income tax [8]	$1,501,469
Total tax liability [9]	$2,638,781
Tax due at time of filing [10]	$536,191
Overpayments refunded [11]	($4,518,080)

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

Number of returns [1]	3,683
Number of joint returns	1,159
Number of returns with paid preparer's signature	2,371
Number of exemptions	7,260
Number of dependents	1,214
Adjust gross income (AGI) [2]	$134,024,903
Salaries and wages	$95,512,181
Taxable interest	$4,504,435
Ordinary dividends	$2,811,902
Business or professional net income (less loss)	$9,446,742
Net capital gain (less loss)	($145,771)
Taxable individual retirement arrangements distributions	$4,571,394
Taxable pensions and annuities	$12,591,584
Unemployment compensation [3]	$1,444,885
Taxable Social Security benefits	$5,040,604
Self-employment retirement plans	$149,052
Total itemized deductions [4]	$30,312,935
State and local income taxes	$1,415,481
State and local general sales tax	$360,259
Real estate taxes	$3,178,533
Taxes paid	$5,227,399
Mortgage interest paid	$14,985,154
Contributions	$1,776,169
Taxable income	$65,301,691
Total tax credits [5]	$968,925
Residential energy tax credit	$0
Child tax credit	$627,484
Child and dependent care credit	$51,203
Earned income credit [6]	$425,728
Excess earned income credit (refundable) [7]	$297,182
Alternative minimum tax	$0
Income tax [8]	$7,322,320
Total tax liability [9]	$9,025,249
Tax due at time of filing [10]	$1,238,588
Overpayments refunded [11]	($6,064,844)

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

Number of returns [1]	2,483
Number of joint returns	1,097
Number of returns with paid preparer's signature	1,643
Number of exemptions	5,129
Number of dependents	849
Adjust gross income (AGI) [2]	$153,824,357
Salaries and wages	$104,943,530
Taxable interest	$4,660,401
Ordinary dividends	$3,327,262
Business or professional net income (less loss)	$8,310,670
Net capital gain (less loss)	$163,159
Taxable individual retirement arrangements distributions	$6,032,830
Taxable pensions and annuities	$16,135,179
Unemployment compensation [3]	$893,852
Taxable Social Security benefits	$8,688,356
Self-employment retirement plans	$337,510
Total itemized deductions [4]	$37,247,901
State and local income taxes	$3,505,159
State and local general sales tax	$258,666
Real estate taxes	$3,792,562
Taxes paid	$7,944,170
Mortgage interest paid	$18,071,147
Contributions	$3,043,580
Taxable income	$91,132,938
Total tax credits [5]	$1,054,485
Residential energy tax credit	$0
Child tax credit	$777,532
Child and dependent care credit	$54,728
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$12,475,620
Total tax liability [9]	$14,109,249
Tax due at time of filing [10]	$1,574,704
Overpayments refunded [11]	($5,012,523)

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

Number of returns [1]	1,960
Number of joint returns	1,253
Number of returns with paid preparer's signature	1,325
Number of exemptions	4,585
Number of dependents	757
Adjust gross income (AGI) [2]	$170,537,076
Salaries and wages	$117,138,308
Taxable interest	$5,320,205
Ordinary dividends	$3,739,518
Business or professional net income (less loss)	$7,889,371
Net capital gain (less loss)	$543,247
Taxable individual retirement arrangements distributions	$6,481,312
Taxable pensions and annuities	$17,829,389
Unemployment compensation [3]	$778,335
Taxable Social Security benefits	$9,424,983
Self-employment retirement plans	$228,705
Total itemized deductions [4]	$46,188,613
State and local income taxes	$6,377,416
State and local general sales tax	$198,482
Real estate taxes	$4,393,380
Taxes paid	$11,464,768
Mortgage interest paid	$19,452,528
Contributions	$3,684,711
Taxable income	$108,233,952
Total tax credits [5]	$1,186,704
Residential energy tax credit	$0
Child tax credit	$864,511
Child and dependent care credit	$61,789
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$37,024
Income tax [8]	$15,470,735
Total tax liability [9]	$16,921,979
Tax due at time of filing [10]	$1,581,831
Overpayments refunded [11]	($5,784,574)

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

Number of returns [1]	3,664
Number of joint returns	3,076
Number of returns with paid preparer's signature	2,503
Number of exemptions	10,542
Number of dependents	1,975
Adjust gross income (AGI) [2]	$504,183,200
Salaries and wages	$387,820,557
Taxable interest	$10,360,503
Ordinary dividends	$9,131,004
Business or professional net income (less loss)	$20,533,518
Net capital gain (less loss)	$3,688,364
Taxable individual retirement arrangements distributions	$14,779,207
Taxable pensions and annuities	$32,900,386
Unemployment compensation [3]	$1,647,055
Taxable Social Security benefits	$12,746,031
Self-employment retirement plans	$1,551,935
Total itemized deductions [4]	$124,750,282
State and local income taxes	$25,002,727
State and local general sales tax	$246,777
Real estate taxes	$13,168,395
Taxes paid	$39,692,725
Mortgage interest paid	$58,976,630
Contributions	$11,221,966
Taxable income	$339,523,767
Total tax credits [5]	$1,822,341
Residential energy tax credit	$27,998
Child tax credit	$1,091,530
Child and dependent care credit	$182,194
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$608,922
Income tax [8]	$58,861,189
Total tax liability [9]	$62,261,341
Tax due at time of filing [10]	$4,748,635
Overpayments refunded [11]	($13,535,627)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	1,172
Number of joint returns	1,039
Number of returns with paid preparer's signature	857
Number of exemptions	3,517
Number of dependents	665
Adjust gross income (AGI) [2]	$413,872,061
Salaries and wages	$263,490,182
Taxable interest	$10,347,408
Ordinary dividends	$11,827,467
Business or professional net income (less loss)	$14,556,305
Net capital gain (less loss)	$43,021,641
Taxable individual retirement arrangements distributions	$8,385,909
Taxable pensions and annuities	$13,613,787
Unemployment compensation [3]	$286,776
Taxable Social Security benefits	$4,378,843
Self-employment retirement plans	$1,747,060
Total itemized deductions [4]	$107,012,655
State and local income taxes	$33,439,113
State and local general sales tax	$0
Real estate taxes	$7,211,917
Taxes paid	$38,977,510
Mortgage interest paid	$25,339,232
Contributions	$9,521,959
Taxable income	$321,890,379
Total tax credits [5]	$658,209
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$38,318
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$6,560,113
Income tax [8]	$82,728,923
Total tax liability [9]	$84,713,743
Tax due at time of filing [10]	$7,537,546
Overpayments refunded [11]	($6,680,235)

[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.