Home » California » SAN DIEGO County » CORONADO, CA » ZIP Code 92178 » Tax Stats

92178 Income Tax Overview

Total Number of Tax Returns for ZIP Code 92178 [1]	866
Total Number of Joint Tax Returns for ZIP Code 92178	293
Total Number of Dependents for ZIP Code 92178	170
Total Adjusted Gross Income for ZIP Code 92178	59,267,504
Average Income per Person for ZIP Code 92178	$59,267,504

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]	144
Number of joint returns	25
Number of returns with paid preparer's signature	86
Number of exemptions	168
Number of dependents	14
Adjust gross income (AGI) [2]	($122,032)
Salaries and wages	$533,881
Taxable interest	$146,329
Ordinary dividends	$128,453
Business or professional net income (less loss)	$84,260
Net capital gain (less loss)	($55,420)
Taxable individual retirement arrangements distributions	$98,137
Taxable pensions and annuities	$204,697
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$881,257
State and local income taxes	$9,065
State and local general sales tax	$3,536
Real estate taxes	$109,773
Taxes paid	$145,275
Mortgage interest paid	$442,081
Contributions	$0
Taxable income	$0
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$13,205
Excess earned income credit (refundable) [7]	$7,612
Alternative minimum tax	$0
Income tax [8]	$0
Total tax liability [9]	$31,961
Tax due at time of filing [10]	$12,235
Overpayments refunded [11]	($75,433)

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

Number of returns [1]	178
Number of joint returns	33
Number of returns with paid preparer's signature	89
Number of exemptions	236
Number of dependents	23
Adjust gross income (AGI) [2]	$3,130,184
Salaries and wages	$2,255,362
Taxable interest	$145,480
Ordinary dividends	$112,851
Business or professional net income (less loss)	$155,916
Net capital gain (less loss)	$11,694
Taxable individual retirement arrangements distributions	$125,059
Taxable pensions and annuities	$441,645
Unemployment compensation [3]	$64,894
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$597,567
State and local income taxes	$7,284
State and local general sales tax	$6,181
Real estate taxes	$75,839
Taxes paid	$103,123
Mortgage interest paid	$176,449
Contributions	$48,565
Taxable income	$1,042,969
Total tax credits [5]	$14,153
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$36,675
Excess earned income credit (refundable) [7]	$38,514
Alternative minimum tax	$0
Income tax [8]	$101,054
Total tax liability [9]	$128,908
Tax due at time of filing [10]	$22,023
Overpayments refunded [11]	($224,347)

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

Number of returns [1]	200
Number of joint returns	50
Number of returns with paid preparer's signature	89
Number of exemptions	322
Number of dependents	42
Adjust gross income (AGI) [2]	$7,323,891
Salaries and wages	$5,217,694
Taxable interest	$164,644
Ordinary dividends	$163,420
Business or professional net income (less loss)	$500,070
Net capital gain (less loss)	($39,888)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,089,633
Unemployment compensation [3]	$50,646
Taxable Social Security benefits	$187,289
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,010,847
State and local income taxes	$84,100
State and local general sales tax	$10,179
Real estate taxes	$102,546
Taxes paid	$210,177
Mortgage interest paid	$424,822
Contributions	$75,748
Taxable income	$4,198,661
Total tax credits [5]	$49,923
Residential energy tax credit	$0
Child tax credit	$32,052
Child and dependent care credit	$0
Earned income credit [6]	$14,007
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$491,028
Total tax liability [9]	$580,027
Tax due at time of filing [10]	$67,631
Overpayments refunded [11]	($323,447)

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

Number of returns [1]	119
Number of joint returns	43
Number of returns with paid preparer's signature	75
Number of exemptions	216
Number of dependents	30
Adjust gross income (AGI) [2]	$7,394,967
Salaries and wages	$5,128,836
Taxable interest	$246,726
Ordinary dividends	$233,810
Business or professional net income (less loss)	$264,514
Net capital gain (less loss)	$4,617
Taxable individual retirement arrangements distributions	$128,989
Taxable pensions and annuities	$1,207,579
Unemployment compensation [3]	$0
Taxable Social Security benefits	$344,190
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,582,174
State and local income taxes	$131,508
State and local general sales tax	$0
Real estate taxes	$164,330
Taxes paid	$324,840
Mortgage interest paid	$584,323
Contributions	$105,844
Taxable income	$4,719,103
Total tax credits [5]	$54,686
Residential energy tax credit	$0
Child tax credit	$33,511
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]	$665,419
Total tax liability [9]	$731,479
Tax due at time of filing [10]	$96,305
Overpayments refunded [11]	($255,472)

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

Number of returns [1]	79
Number of joint returns	35
Number of returns with paid preparer's signature	48
Number of exemptions	139
Number of dependents	16
Adjust gross income (AGI) [2]	$6,848,704
Salaries and wages	$4,553,985
Taxable interest	$224,699
Ordinary dividends	$292,696
Business or professional net income (less loss)	$268,802
Net capital gain (less loss)	$57,800
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,003,998
Unemployment compensation [3]	$0
Taxable Social Security benefits	$342,722
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,175,820
State and local income taxes	$170,446
State and local general sales tax	$15,593
Real estate taxes	$144,657
Taxes paid	$342,396
Mortgage interest paid	$469,309
Contributions	$160,958
Taxable income	$4,862,248
Total tax credits [5]	$14,286
Residential energy tax credit	$0
Child tax credit	$20,900
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]	$772,707
Total tax liability [9]	$808,671
Tax due at time of filing [10]	$75,856
Overpayments refunded [11]	($181,587)

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

Number of returns [1]	102
Number of joint returns	74
Number of returns with paid preparer's signature	72
Number of exemptions	231
Number of dependents	30
Adjust gross income (AGI) [2]	$13,867,232
Salaries and wages	$7,791,816
Taxable interest	$768,125
Ordinary dividends	$578,347
Business or professional net income (less loss)	$164,372
Net capital gain (less loss)	$658,581
Taxable individual retirement arrangements distributions	$355,150
Taxable pensions and annuities	$2,032,985
Unemployment compensation [3]	$0
Taxable Social Security benefits	$530,048
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,127,567
State and local income taxes	$576,490
State and local general sales tax	$0
Real estate taxes	$387,177
Taxes paid	$1,005,831
Mortgage interest paid	$1,349,523
Contributions	$279,211
Taxable income	$9,733,584
Total tax credits [5]	$43,442
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]	$1,666,278
Total tax liability [9]	$1,746,158
Tax due at time of filing [10]	$128,223
Overpayments refunded [11]	($311,664)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	44
Number of joint returns	33
Number of returns with paid preparer's signature	39
Number of exemptions	106
Number of dependents	15
Adjust gross income (AGI) [2]	$20,824,558
Salaries and wages	$4,863,146
Taxable interest	$1,084,297
Ordinary dividends	$951,826
Business or professional net income (less loss)	$1,150,379
Net capital gain (less loss)	$2,912,659
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,168,555
Unemployment compensation [3]	$0
Taxable Social Security benefits	$294,586
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,581,559
State and local income taxes	$1,736,660
State and local general sales tax	$0
Real estate taxes	$475,112
Taxes paid	$2,223,778
Mortgage interest paid	$980,001
Contributions	$256,762
Taxable income	$16,930,229
Total tax credits [5]	$7,520
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	$276,552
Income tax [8]	$4,399,072
Total tax liability [9]	$4,556,919
Tax due at time of filing [10]	$201,987
Overpayments refunded [11]	($178,142)

[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.