FREE ZIP Code Finder
Enter ZIP Code:

*Find Info on any U.S. ZIP Code
Find ZIP+4 of Address
Address(U.S.):
Town/City:
State:
 

*Find the ZIP Code, county, and +4 of any U.S. Address
Other FREE Lookups
Town/City:
State:
County:
Area Code:
 

*Lookup ZIP Code of any city, state, county or area code
FREE Radius Search
Find all ZIP Codes

Between
And
of ZIP Code:
 

» Download the FREE Radius Finder Application

FREE Distance Calc
Calculate the distance between two U.S. or Canadian ZIP codes.

Start ZIP:
End ZIP:
 






Share |

Maine 2008 IRS Tax Stats



Maine Income Tax Overview

2010 Population for Maine 1,328,361
Total Number of Tax Returns for Maine [1] 602,627
Total Number of Joint Tax Returns for Maine 243,329
Total Number of Dependents for Maine 178,411
Total Adjusted Gross Income for Maine $24,512,308,455

The following tables break down the Income Tax Statistics into different Gross Income levels.


Adjusted Gross Income: Under $10,000 [1]

Number of tax returns [1] 117,170
Number of joint returns 12,404
Number of returns with paid preparer's signature 47,346
Number of exemptions 111,670
Number of dependents 15,040
Adjust gross income (AGI) [2] $435,434,021
Salaries and wages $491,123,624
Taxable interest $32,063,770
Ordinary dividends $22,555,158
Business or professional net income (less loss) $14,570,409
Net capital gain (less loss) ($676,467)
Taxable individual retirement arrangements distributions $14,951,955
Taxable pensions and annuities $37,927,438
Unemployment compensation [3] $7,397,638
Taxable Social Security benefits $0
Self-employment retirement plans $0
Total itemized deductions [4] $113,455,379
State and local income taxes $6,029,018
State and local general sales tax $425,127
Real estate taxes $17,243,688
Taxes paid $27,989,019
Mortgage interest paid $38,374,760
Contributions $1,125,525
Taxable income $30,003,605
Total tax credits [5] $36,661
Residential energy tax credit $0
Child tax credit $0
Child and dependent care credit $0
Earned income credit [6] $32,647,753
Excess earned income credit (refundable) [7] $28,021,064
Alternative minimum tax $0
Income tax [8] $2,874,907
Total tax liability [9] $15,113,104
Tax due at time of filing [10] $4,431,410
Overpayments refunded [11] ($73,461,000)

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

Number of tax returns [1] 141,370
Number of joint returns 28,781
Number of returns with paid preparer's signature 65,540
Number of exemptions 218,154
Number of dependents 34,510
Adjust gross income (AGI) [2] $2,452,604,425
Salaries and wages $1,824,594,396
Taxable interest $69,692,032
Ordinary dividends $41,918,696
Business or professional net income (less loss) $171,147,363
Net capital gain (less loss) $5,232,785
Taxable individual retirement arrangements distributions $67,422,020
Taxable pensions and annuities $256,198,658
Unemployment compensation [3] $51,397,703
Taxable Social Security benefits $8,307,920
Self-employment retirement plans $63,505
Total itemized deductions [4] $212,555,174
State and local income taxes $11,314,191
State and local general sales tax $1,547,204
Real estate taxes $31,794,677
Taxes paid $48,754,252
Mortgage interest paid $68,332,543
Contributions $9,989,212
Taxable income $765,762,684
Total tax credits [5] $10,340,449
Residential energy tax credit $0
Child tax credit $3,378,779
Child and dependent care credit $644,130
Earned income credit [6] $99,611,043
Excess earned income credit (refundable) [7] $86,442,636
Alternative minimum tax $0
Income tax [8] $72,408,865
Total tax liability [9] $103,354,493
Tax due at time of filing [10] $14,486,519
Overpayments refunded [11] ($231,173,343)

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

Number of tax returns [1] 157,412
Number of joint returns 56,572
Number of returns with paid preparer's signature 77,477
Number of exemptions 292,307
Number of dependents 47,031
Adjust gross income (AGI) [2] $5,678,673,577
Salaries and wages $4,527,415,771
Taxable interest $103,437,157
Ordinary dividends $75,150,900
Business or professional net income (less loss) $215,818,869
Net capital gain (less loss) $21,529,218
Taxable individual retirement arrangements distributions $113,622,181
Taxable pensions and annuities $481,388,049
Unemployment compensation [3] $47,595,306
Taxable Social Security benefits $135,108,204
Self-employment retirement plans $1,997,799
Total itemized deductions [4] $631,789,967
State and local income taxes $79,609,217
State and local general sales tax $1,925,645
Real estate taxes $94,660,164
Taxes paid $187,597,240
Mortgage interest paid $251,839,196
Contributions $37,626,418
Taxable income $3,108,442,810
Total tax credits [5] $49,187,178
Residential energy tax credit $14,388
Child tax credit $32,215,482
Child and dependent care credit $3,485,445
Earned income credit [6] $28,178,832
Excess earned income credit (refundable) [7] $21,327,003
Alternative minimum tax $0
Income tax [8] $336,642,530
Total tax liability [9] $380,220,814
Tax due at time of filing [10] $30,716,830
Overpayments refunded [11] ($282,067,226)

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

Number of tax returns [1] 90,006
Number of joint returns 61,828
Number of returns with paid preparer's signature 50,309
Number of exemptions 213,527
Number of dependents 35,528
Adjust gross income (AGI) [2] $5,534,931,919
Salaries and wages $4,335,388,331
Taxable interest $94,007,135
Ordinary dividends $83,714,569
Business or professional net income (less loss) $165,759,550
Net capital gain (less loss) $34,867,875
Taxable individual retirement arrangements distributions $118,817,011
Taxable pensions and annuities $465,442,747
Unemployment compensation [3] $21,554,512
Taxable Social Security benefits $206,857,379
Self-employment retirement plans $2,907,720
Total itemized deductions [4] $787,920,501
State and local income taxes $144,158,350
State and local general sales tax $824,683
Real estate taxes $115,753,513
Taxes paid $277,055,351
Mortgage interest paid $318,509,283
Contributions $54,589,327
Taxable income $3,524,489,698
Total tax credits [5] $58,377,777
Residential energy tax credit $18,694
Child tax credit $42,745,887
Child and dependent care credit $3,463,255
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $51,522
Income tax [8] $425,179,829
Total tax liability [9] $460,795,732
Tax due at time of filing [10] $35,073,423
Overpayments refunded [11] ($190,581,404)

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

Number of tax returns [1] 51,255
Number of joint returns 43,552
Number of returns with paid preparer's signature 28,839
Number of exemptions 136,553
Number of dependents 23,920
Adjust gross income (AGI) [2] $4,414,437,293
Salaries and wages $3,480,566,918
Taxable interest $67,701,812
Ordinary dividends $71,571,622
Business or professional net income (less loss) $115,316,912
Net capital gain (less loss) $41,462,577
Taxable individual retirement arrangements distributions $98,562,019
Taxable pensions and annuities $329,170,272
Unemployment compensation [3] $7,553,883
Taxable Social Security benefits $134,678,235
Self-employment retirement plans $2,928,740
Total itemized deductions [4] $729,325,786
State and local income taxes $174,498,340
State and local general sales tax $241,729
Real estate taxes $106,968,557
Taxes paid $297,821,831
Mortgage interest paid $283,802,122
Contributions $54,282,569
Taxable income $3,033,964,723
Total tax credits [5] $43,520,934
Residential energy tax credit $0
Child tax credit $28,676,875
Child and dependent care credit $2,718,133
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $0
Income tax [8] $390,188,671
Total tax liability [9] $416,264,349
Tax due at time of filing [10] $24,349,084
Overpayments refunded [11] ($134,334,191)

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

Number of tax returns [1] 45,414
Number of joint returns 40,192
Number of returns with paid preparer's signature 27,399
Number of exemptions 126,895
Number of dependents 22,382
Adjust gross income (AGI) [2] $5,996,227,220
Salaries and wages $4,394,412,594
Taxable interest $110,906,327
Ordinary dividends $152,494,633
Business or professional net income (less loss) $212,396,151
Net capital gain (less loss) $144,838,969
Taxable individual retirement arrangements distributions $151,220,827
Taxable pensions and annuities $365,148,473
Unemployment compensation [3] $3,602,973
Taxable Social Security benefits $124,456,675
Self-employment retirement plans $14,791,765
Total itemized deductions [4] $1,094,362,013
State and local income taxes $361,983,921
State and local general sales tax $197,290
Real estate taxes $163,167,429
Taxes paid $542,184,485
Mortgage interest paid $369,235,280
Contributions $98,707,312
Taxable income $4,374,531,163
Total tax credits [5] $24,546,221
Residential energy tax credit $105,428
Child tax credit $14,073,365
Child and dependent care credit $2,115,472
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $6,392,756
Income tax [8] $742,028,527
Total tax liability [9] $786,559,940
Tax due at time of filing [10] $64,802,585
Overpayments refunded [11] ($144,826,031)

[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.


ZIP-Codes.com Products