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South Dakota 2008 IRS Tax Stats



South Dakota Income Tax Overview

2010 Population for South Dakota 814,180
Total Number of Tax Returns for South Dakota [1] 357,782
Total Number of Joint Tax Returns for South Dakota 145,502
Total Number of Dependents for South Dakota 110,504
Total Adjusted Gross Income for South Dakota $14,359,237,400

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] 73,395
Number of joint returns 6,898
Number of returns with paid preparer's signature 36,509
Number of exemptions 67,732
Number of dependents 9,796
Adjust gross income (AGI) [2] $238,862,356
Salaries and wages $346,140,893
Taxable interest $22,881,504
Ordinary dividends $10,611,607
Business or professional net income (less loss) $1,454,437
Net capital gain (less loss) $12,709,251
Taxable individual retirement arrangements distributions $7,456,498
Taxable pensions and annuities $18,337,412
Unemployment compensation [3] $774,307
Taxable Social Security benefits $0
Self-employment retirement plans $0
Total itemized deductions [4] $42,815,853
State and local income taxes $755,116
State and local general sales tax $584,722
Real estate taxes $4,180,208
Taxes paid $6,428,388
Mortgage interest paid $10,247,379
Contributions $662,201
Taxable income $21,268,441
Total tax credits [5] $24,724
Residential energy tax credit $0
Child tax credit $0
Child and dependent care credit $0
Earned income credit [6] $21,761,718
Excess earned income credit (refundable) [7] $19,661,764
Alternative minimum tax $4,960
Income tax [8] $2,111,090
Total tax liability [9] $7,996,442
Tax due at time of filing [10] $2,466,824
Overpayments refunded [11] ($51,498,388)

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

Number of tax returns [1] 82,460
Number of joint returns 14,681
Number of returns with paid preparer's signature 45,625
Number of exemptions 128,568
Number of dependents 21,358
Adjust gross income (AGI) [2] $1,438,580,647
Salaries and wages $1,147,574,702
Taxable interest $48,029,461
Ordinary dividends $18,983,246
Business or professional net income (less loss) $53,045,066
Net capital gain (less loss) $10,038,822
Taxable individual retirement arrangements distributions $34,442,925
Taxable pensions and annuities $112,327,633
Unemployment compensation [3] $7,943,534
Taxable Social Security benefits $5,287,890
Self-employment retirement plans $51,311
Total itemized deductions [4] $90,589,390
State and local income taxes $709,387
State and local general sales tax $2,723,884
Real estate taxes $7,890,356
Taxes paid $12,116,287
Mortgage interest paid $18,038,062
Contributions $6,898,931
Taxable income $461,435,873
Total tax credits [5] $7,679,098
Residential energy tax credit $0
Child tax credit $2,192,957
Child and dependent care credit $710,766
Earned income credit [6] $64,701,245
Excess earned income credit (refundable) [7] $60,153,467
Alternative minimum tax $0
Income tax [8] $42,303,068
Total tax liability [9] $55,179,061
Tax due at time of filing [10] $7,445,060
Overpayments refunded [11] ($154,142,971)

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

Number of tax returns [1] 92,021
Number of joint returns 32,757
Number of returns with paid preparer's signature 52,985
Number of exemptions 176,756
Number of dependents 28,348
Adjust gross income (AGI) [2] $3,307,316,604
Salaries and wages $2,640,986,918
Taxable interest $76,392,888
Ordinary dividends $33,358,177
Business or professional net income (less loss) $97,197,476
Net capital gain (less loss) $29,312,937
Taxable individual retirement arrangements distributions $59,966,604
Taxable pensions and annuities $240,573,871
Unemployment compensation [3] $8,844,027
Taxable Social Security benefits $89,750,905
Self-employment retirement plans $263,402
Total itemized deductions [4] $236,239,561
State and local income taxes $2,428,534
State and local general sales tax $10,449,680
Real estate taxes $27,147,865
Taxes paid $41,598,753
Mortgage interest paid $82,034,045
Contributions $23,411,316
Taxable income $1,846,502,533
Total tax credits [5] $33,290,424
Residential energy tax credit $23,526
Child tax credit $21,460,963
Child and dependent care credit $2,849,181
Earned income credit [6] $17,835,352
Excess earned income credit (refundable) [7] $14,045,752
Alternative minimum tax $0
Income tax [8] $195,090,088
Total tax liability [9] $222,060,212
Tax due at time of filing [10] $22,902,042
Overpayments refunded [11] ($173,278,185)

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

Number of tax returns [1] 53,528
Number of joint returns 40,593
Number of returns with paid preparer's signature 33,122
Number of exemptions 139,112
Number of dependents 23,231
Adjust gross income (AGI) [2] $3,303,381,530
Salaries and wages $2,510,231,616
Taxable interest $73,021,056
Ordinary dividends $36,379,952
Business or professional net income (less loss) $100,535,253
Net capital gain (less loss) $39,517,858
Taxable individual retirement arrangements distributions $62,237,545
Taxable pensions and annuities $252,649,698
Unemployment compensation [3] $4,377,534
Taxable Social Security benefits $135,147,250
Self-employment retirement plans $1,053,060
Total itemized deductions [4] $268,231,977
State and local income taxes $4,250,555
State and local general sales tax $14,187,121
Real estate taxes $33,175,431
Taxes paid $53,123,606
Mortgage interest paid $107,416,744
Contributions $33,266,830
Taxable income $2,144,157,449
Total tax credits [5] $45,214,035
Residential energy tax credit $9,418
Child tax credit $32,625,931
Child and dependent care credit $4,047,266
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $11,238
Income tax [8] $245,358,827
Total tax liability [9] $273,774,161
Tax due at time of filing [10] $33,482,072
Overpayments refunded [11] ($105,657,128)

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

Number of tax returns [1] 30,819
Number of joint returns 27,507
Number of returns with paid preparer's signature 19,496
Number of exemptions 88,292
Number of dependents 15,336
Adjust gross income (AGI) [2] $2,651,445,262
Salaries and wages $1,963,642,807
Taxable interest $58,011,775
Ordinary dividends $32,627,048
Business or professional net income (less loss) $72,910,764
Net capital gain (less loss) $48,382,748
Taxable individual retirement arrangements distributions $53,953,725
Taxable pensions and annuities $192,804,384
Unemployment compensation [3] $1,300,826
Taxable Social Security benefits $98,353,165
Self-employment retirement plans $1,436,553
Total itemized deductions [4] $242,789,159
State and local income taxes $4,762,239
State and local general sales tax $14,736,295
Real estate taxes $33,796,644
Taxes paid $54,556,849
Mortgage interest paid $106,127,943
Contributions $33,877,798
Taxable income $1,891,701,131
Total tax credits [5] $32,490,748
Residential energy tax credit $33,944
Child tax credit $22,202,539
Child and dependent care credit $2,480,061
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $24,403
Income tax [8] $234,795,911
Total tax liability [9] $257,931,649
Tax due at time of filing [10] $32,266,226
Overpayments refunded [11] ($68,857,716)

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

Number of tax returns [1] 25,559
Number of joint returns 23,066
Number of returns with paid preparer's signature 18,162
Number of exemptions 74,160
Number of dependents 12,435
Adjust gross income (AGI) [2] $3,419,651,001
Salaries and wages $2,165,310,501
Taxable interest $93,370,513
Ordinary dividends $63,877,515
Business or professional net income (less loss) $111,083,908
Net capital gain (less loss) $157,356,540
Taxable individual retirement arrangements distributions $71,961,068
Taxable pensions and annuities $201,331,369
Unemployment compensation [3] $700,265
Taxable Social Security benefits $88,467,415
Self-employment retirement plans $8,578,193
Total itemized deductions [4] $343,792,462
State and local income taxes $11,455,608
State and local general sales tax $21,837,328
Real estate taxes $51,168,008
Taxes paid $85,665,239
Mortgage interest paid $142,732,201
Contributions $63,947,405
Taxable income $2,686,069,241
Total tax credits [5] $16,210,459
Residential energy tax credit $22,835
Child tax credit $9,880,006
Child and dependent care credit $1,464,713
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $857,885
Income tax [8] $455,292,513
Total tax liability [9] $491,819,107
Tax due at time of filing [10] $88,488,020
Overpayments refunded [11] ($58,985,065)

[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.


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