Home » California » RIVERSIDE County » ZIP Code 92530 » Tax Stats

92530 Income Tax Overview

Total Number of Tax Returns for ZIP Code 92530 [1]	17,339
Total Number of Joint Tax Returns for ZIP Code 92530	6,924
Total Number of Dependents for ZIP Code 92530	8,882
Total Adjusted Gross Income for ZIP Code 92530	724,414,175
Average Income per Person for ZIP Code 92530	$14,426

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]	2,839
Number of joint returns	384
Number of returns with paid preparer's signature	1,711
Number of exemptions	3,878
Number of dependents	723
Adjust gross income (AGI) [2]	$10,875,185
Salaries and wages	$11,855,105
Taxable interest	$544,533
Ordinary dividends	$167,674
Business or professional net income (less loss)	$1,567,373
Net capital gain (less loss)	($163,996)
Taxable individual retirement arrangements distributions	$219,066
Taxable pensions and annuities	$1,004,011
Unemployment compensation [3]	$517,380
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,046,112
State and local income taxes	$131,034
State and local general sales tax	$44,705
Real estate taxes	$693,231
Taxes paid	$913,355
Mortgage interest paid	$3,027,557
Contributions	$58,004
Taxable income	$490,115
Total tax credits [5]	$282
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$1,348,723
Excess earned income credit (refundable) [7]	$1,117,994
Alternative minimum tax	$0
Income tax [8]	$50,100
Total tax liability [9]	$543,031
Tax due at time of filing [10]	$152,368
Overpayments refunded [11]	($2,296,337)

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

Number of returns [1]	4,737
Number of joint returns	985
Number of returns with paid preparer's signature	3,365
Number of exemptions	10,117
Number of dependents	2,362
Adjust gross income (AGI) [2]	$81,967,594
Salaries and wages	$65,771,784
Taxable interest	$900,204
Ordinary dividends	$252,972
Business or professional net income (less loss)	$7,170,300
Net capital gain (less loss)	$5,541
Taxable individual retirement arrangements distributions	$771,169
Taxable pensions and annuities	$4,058,103
Unemployment compensation [3]	$3,431,176
Taxable Social Security benefits	$201,084
Self-employment retirement plans	$0
Total itemized deductions [4]	$9,183,473
State and local income taxes	$176,360
State and local general sales tax	$176,622
Real estate taxes	$1,056,196
Taxes paid	$1,645,006
Mortgage interest paid	$5,119,735
Contributions	$363,740
Taxable income	$18,973,431
Total tax credits [5]	$386,773
Residential energy tax credit	$0
Child tax credit	$204,212
Child and dependent care credit	$24,769
Earned income credit [6]	$6,022,522
Excess earned income credit (refundable) [7]	$5,101,227
Alternative minimum tax	$0
Income tax [8]	$1,676,674
Total tax liability [9]	$2,946,695
Tax due at time of filing [10]	$330,321
Overpayments refunded [11]	($10,577,335)

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

Number of returns [1]	4,519
Number of joint returns	1,759
Number of returns with paid preparer's signature	3,263
Number of exemptions	11,787
Number of dependents	2,586
Adjust gross income (AGI) [2]	$162,944,299
Salaries and wages	$142,020,128
Taxable interest	$1,619,601
Ordinary dividends	$496,059
Business or professional net income (less loss)	$6,284,920
Net capital gain (less loss)	$153,020
Taxable individual retirement arrangements distributions	$1,308,133
Taxable pensions and annuities	$6,591,127
Unemployment compensation [3]	$3,604,329
Taxable Social Security benefits	$1,689,460
Self-employment retirement plans	$0
Total itemized deductions [4]	$33,119,192
State and local income taxes	$1,273,432
State and local general sales tax	$555,210
Real estate taxes	$3,705,927
Taxes paid	$6,124,595
Mortgage interest paid	$17,450,982
Contributions	$1,545,633
Taxable income	$69,095,879
Total tax credits [5]	$2,085,778
Residential energy tax credit	$0
Child tax credit	$1,586,368
Child and dependent care credit	$142,339
Earned income credit [6]	$1,573,411
Excess earned income credit (refundable) [7]	$1,264,828
Alternative minimum tax	$0
Income tax [8]	$6,440,859
Total tax liability [9]	$7,644,007
Tax due at time of filing [10]	$878,237
Overpayments refunded [11]	($11,254,510)

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

Number of returns [1]	2,488
Number of joint returns	1,551
Number of returns with paid preparer's signature	1,859
Number of exemptions	7,359
Number of dependents	1,520
Adjust gross income (AGI) [2]	$152,482,059
Salaries and wages	$133,510,515
Taxable interest	$1,242,514
Ordinary dividends	$340,142
Business or professional net income (less loss)	$2,793,874
Net capital gain (less loss)	$253,645
Taxable individual retirement arrangements distributions	$1,169,151
Taxable pensions and annuities	$7,560,014
Unemployment compensation [3]	$2,211,575
Taxable Social Security benefits	$2,689,948
Self-employment retirement plans	$0
Total itemized deductions [4]	$39,742,940
State and local income taxes	$2,911,511
State and local general sales tax	$721,158
Real estate taxes	$4,433,553
Taxes paid	$8,779,547
Mortgage interest paid	$20,977,133
Contributions	$2,366,520
Taxable income	$79,355,258
Total tax credits [5]	$2,280,897
Residential energy tax credit	$0
Child tax credit	$1,875,718
Child and dependent care credit	$116,462
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$20,187
Income tax [8]	$8,577,419
Total tax liability [9]	$9,205,497
Tax due at time of filing [10]	$749,368
Overpayments refunded [11]	($7,674,097)

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

Number of returns [1]	1,425
Number of joint returns	1,107
Number of returns with paid preparer's signature	1,008
Number of exemptions	4,424
Number of dependents	888
Adjust gross income (AGI) [2]	$122,772,189
Salaries and wages	$109,078,526
Taxable interest	$722,382
Ordinary dividends	$287,223
Business or professional net income (less loss)	$1,409,672
Net capital gain (less loss)	$249,449
Taxable individual retirement arrangements distributions	$1,648,072
Taxable pensions and annuities	$5,319,388
Unemployment compensation [3]	$924,397
Taxable Social Security benefits	$1,798,396
Self-employment retirement plans	$0
Total itemized deductions [4]	$34,060,145
State and local income taxes	$3,530,530
State and local general sales tax	$306,317
Real estate taxes	$3,701,582
Taxes paid	$8,118,525
Mortgage interest paid	$17,302,875
Contributions	$2,148,405
Taxable income	$71,202,336
Total tax credits [5]	$1,544,389
Residential energy tax credit	$0
Child tax credit	$1,254,316
Child and dependent care credit	$88,383
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$30,742
Income tax [8]	$8,795,608
Total tax liability [9]	$9,264,619
Tax due at time of filing [10]	$706,636
Overpayments refunded [11]	($4,952,090)

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

Number of returns [1]	1,247
Number of joint returns	1,068
Number of returns with paid preparer's signature	876
Number of exemptions	3,838
Number of dependents	759
Adjust gross income (AGI) [2]	$158,446,973
Salaries and wages	$138,580,301
Taxable interest	$1,479,087
Ordinary dividends	$361,981
Business or professional net income (less loss)	$2,939,448
Net capital gain (less loss)	$1,294,874
Taxable individual retirement arrangements distributions	$2,560,909
Taxable pensions and annuities	$6,261,703
Unemployment compensation [3]	$667,635
Taxable Social Security benefits	$1,408,888
Self-employment retirement plans	$241,705
Total itemized deductions [4]	$40,325,614
State and local income taxes	$6,675,016
State and local general sales tax	$196,621
Real estate taxes	$4,166,996
Taxes paid	$11,693,953
Mortgage interest paid	$19,969,123
Contributions	$2,693,918
Taxable income	$103,746,381
Total tax credits [5]	$843,664
Residential energy tax credit	$0
Child tax credit	$644,741
Child and dependent care credit	$98,367
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$179,319
Income tax [8]	$17,018,816
Total tax liability [9]	$17,801,053
Tax due at time of filing [10]	$1,624,615
Overpayments refunded [11]	($4,113,613)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	84
Number of joint returns	70
Number of returns with paid preparer's signature	68
Number of exemptions	239
Number of dependents	44
Adjust gross income (AGI) [2]	$34,925,876
Salaries and wages	$20,700,286
Taxable interest	$533,305
Ordinary dividends	$74,092
Business or professional net income (less loss)	$610,331
Net capital gain (less loss)	$20,224
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$1,674,231
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,970,089
State and local income taxes	$2,394,566
State and local general sales tax	$0
Real estate taxes	$520,771
Taxes paid	$2,976,282
Mortgage interest paid	$1,831,043
Contributions	$764,339
Taxable income	$27,226,547
Total tax credits [5]	$7,054
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	$273,525
Income tax [8]	$7,751,434
Total tax liability [9]	$7,972,933
Tax due at time of filing [10]	$1,030,972
Overpayments refunded [11]	($423,245)

[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.