Home » California » SAN LUIS OBISPO County » ZIP Code 93444 » Tax Stats

93444 Income Tax Overview

Total Number of Tax Returns for ZIP Code 93444 [1]	8,438
Total Number of Joint Tax Returns for ZIP Code 93444	3,970
Total Number of Dependents for ZIP Code 93444	3,093
Total Adjusted Gross Income for ZIP Code 93444	504,014,587
Average Income per Person for ZIP Code 93444	$26,191

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]	1,363
Number of joint returns	197
Number of returns with paid preparer's signature	750
Number of exemptions	1,510
Number of dependents	225
Adjust gross income (AGI) [2]	$3,506,970
Salaries and wages	$6,028,561
Taxable interest	$548,628
Ordinary dividends	$375,900
Business or professional net income (less loss)	$308,532
Net capital gain (less loss)	($84,859)
Taxable individual retirement arrangements distributions	$284,917
Taxable pensions and annuities	$1,117,973
Unemployment compensation [3]	$167,019
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$5,781,480
State and local income taxes	$200,255
State and local general sales tax	$39,122
Real estate taxes	$605,784
Taxes paid	$889,625
Mortgage interest paid	$2,711,723
Contributions	$50,535
Taxable income	$360,107
Total tax credits [5]	$342
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$392,697
Excess earned income credit (refundable) [7]	$340,947
Alternative minimum tax	$0
Income tax [8]	$33,742
Total tax liability [9]	$263,929
Tax due at time of filing [10]	$121,009
Overpayments refunded [11]	($987,391)

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

Number of returns [1]	1,792
Number of joint returns	428
Number of returns with paid preparer's signature	1,085
Number of exemptions	3,246
Number of dependents	601
Adjust gross income (AGI) [2]	$30,741,232
Salaries and wages	$22,585,824
Taxable interest	$1,295,979
Ordinary dividends	$811,308
Business or professional net income (less loss)	$2,525,827
Net capital gain (less loss)	$83,351
Taxable individual retirement arrangements distributions	$928,122
Taxable pensions and annuities	$2,901,075
Unemployment compensation [3]	$880,615
Taxable Social Security benefits	$185,824
Self-employment retirement plans	$0
Total itemized deductions [4]	$6,706,039
State and local income taxes	$324,533
State and local general sales tax	$109,079
Real estate taxes	$850,291
Taxes paid	$1,364,647
Mortgage interest paid	$3,012,137
Contributions	$286,269
Taxable income	$7,883,038
Total tax credits [5]	$131,368
Residential energy tax credit	$0
Child tax credit	$61,763
Child and dependent care credit	$8,076
Earned income credit [6]	$1,546,246
Excess earned income credit (refundable) [7]	$1,328,376
Alternative minimum tax	$0
Income tax [8]	$715,516
Total tax liability [9]	$1,224,915
Tax due at time of filing [10]	$186,635
Overpayments refunded [11]	($3,175,074)

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

Number of returns [1]	1,941
Number of joint returns	789
Number of returns with paid preparer's signature	1,263
Number of exemptions	4,325
Number of dependents	810
Adjust gross income (AGI) [2]	$70,778,667
Salaries and wages	$52,019,193
Taxable interest	$2,079,480
Ordinary dividends	$1,230,857
Business or professional net income (less loss)	$4,273,701
Net capital gain (less loss)	($9,825)
Taxable individual retirement arrangements distributions	$2,107,113
Taxable pensions and annuities	$5,968,149
Unemployment compensation [3]	$1,391,871
Taxable Social Security benefits	$2,170,800
Self-employment retirement plans	$126,902
Total itemized deductions [4]	$15,053,328
State and local income taxes	$693,802
State and local general sales tax	$233,140
Real estate taxes	$1,873,637
Taxes paid	$3,108,940
Mortgage interest paid	$7,954,562
Contributions	$725,517
Taxable income	$32,740,020
Total tax credits [5]	$683,759
Residential energy tax credit	$0
Child tax credit	$523,578
Child and dependent care credit	$39,251
Earned income credit [6]	$502,803
Excess earned income credit (refundable) [7]	$382,565
Alternative minimum tax	$0
Income tax [8]	$3,326,522
Total tax liability [9]	$4,125,328
Tax due at time of filing [10]	$505,337
Overpayments refunded [11]	($3,668,597)

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

Number of returns [1]	1,241
Number of joint returns	775
Number of returns with paid preparer's signature	880
Number of exemptions	3,064
Number of dependents	533
Adjust gross income (AGI) [2]	$76,786,452
Salaries and wages	$53,490,937
Taxable interest	$2,128,043
Ordinary dividends	$1,467,661
Business or professional net income (less loss)	$3,185,868
Net capital gain (less loss)	$649,239
Taxable individual retirement arrangements distributions	$2,817,916
Taxable pensions and annuities	$8,731,544
Unemployment compensation [3]	$742,217
Taxable Social Security benefits	$4,129,326
Self-employment retirement plans	$0
Total itemized deductions [4]	$20,071,165
State and local income taxes	$1,707,217
State and local general sales tax	$212,233
Real estate taxes	$2,489,782
Taxes paid	$4,672,439
Mortgage interest paid	$10,279,722
Contributions	$1,379,491
Taxable income	$42,564,830
Total tax credits [5]	$728,008
Residential energy tax credit	$0
Child tax credit	$611,295
Child and dependent care credit	$36,643
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,158,185
Total tax liability [9]	$5,718,219
Tax due at time of filing [10]	$553,216
Overpayments refunded [11]	($2,897,250)

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

Number of returns [1]	806
Number of joint returns	642
Number of returns with paid preparer's signature	543
Number of exemptions	2,111
Number of dependents	370
Adjust gross income (AGI) [2]	$70,059,551
Salaries and wages	$47,483,403
Taxable interest	$1,882,952
Ordinary dividends	$1,315,993
Business or professional net income (less loss)	$3,227,381
Net capital gain (less loss)	$476,765
Taxable individual retirement arrangements distributions	$2,857,524
Taxable pensions and annuities	$8,568,441
Unemployment compensation [3]	$367,617
Taxable Social Security benefits	$3,521,099
Self-employment retirement plans	$146,324
Total itemized deductions [4]	$18,354,137
State and local income taxes	$2,151,944
State and local general sales tax	$189,254
Real estate taxes	$2,216,560
Taxes paid	$4,790,990
Mortgage interest paid	$9,058,542
Contributions	$1,271,966
Taxable income	$43,192,021
Total tax credits [5]	$561,798
Residential energy tax credit	$0
Child tax credit	$426,019
Child and dependent care credit	$31,691
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$5,709,504
Total tax liability [9]	$6,303,822
Tax due at time of filing [10]	$660,984
Overpayments refunded [11]	($2,173,389)

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

Number of returns [1]	1,055
Number of joint returns	926
Number of returns with paid preparer's signature	731
Number of exemptions	2,844
Number of dependents	446
Adjust gross income (AGI) [2]	$139,261,717
Salaries and wages	$97,400,532
Taxable interest	$2,838,318
Ordinary dividends	$2,357,146
Business or professional net income (less loss)	$5,224,699
Net capital gain (less loss)	$2,024,343
Taxable individual retirement arrangements distributions	$5,584,070
Taxable pensions and annuities	$14,874,427
Unemployment compensation [3]	$374,336
Taxable Social Security benefits	$4,475,653
Self-employment retirement plans	$402,118
Total itemized deductions [4]	$35,900,754
State and local income taxes	$6,921,480
State and local general sales tax	$81,088
Real estate taxes	$4,767,629
Taxes paid	$12,192,940
Mortgage interest paid	$17,078,507
Contributions	$3,038,137
Taxable income	$93,050,393
Total tax credits [5]	$424,720
Residential energy tax credit	$0
Child tax credit	$315,050
Child and dependent care credit	$47,302
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$178,011
Income tax [8]	$15,673,402
Total tax liability [9]	$16,569,087
Tax due at time of filing [10]	$1,348,526
Overpayments refunded [11]	($3,433,301)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	240
Number of joint returns	213
Number of returns with paid preparer's signature	192
Number of exemptions	646
Number of dependents	108
Adjust gross income (AGI) [2]	$112,879,998
Salaries and wages	$48,110,889
Taxable interest	$3,618,584
Ordinary dividends	$1,946,375
Business or professional net income (less loss)	$3,562,095
Net capital gain (less loss)	$9,796,115
Taxable individual retirement arrangements distributions	$1,930,610
Taxable pensions and annuities	$5,156,694
Unemployment compensation [3]	$0
Taxable Social Security benefits	$1,040,533
Self-employment retirement plans	$284,269
Total itemized deductions [4]	$26,711,426
State and local income taxes	$9,219,812
State and local general sales tax	$0
Real estate taxes	$1,660,753
Taxes paid	$11,002,898
Mortgage interest paid	$5,478,753
Contributions	$1,531,385
Taxable income	$84,380,715
Total tax credits [5]	$54,412
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$6,703
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$1,660,150
Income tax [8]	$21,592,341
Total tax liability [9]	$22,069,518
Tax due at time of filing [10]	$4,416,805
Overpayments refunded [11]	($1,034,933)

[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.