Zip Code Database List
1-800-425-1169
Account Login
Find ZIP+4 of Address

Find the ZIP Code, County, and +4 of any U.S. Address

FREE ZIP Code Finder

Find info on any U.S. ZIP Code

Other FREE Lookups

Lookup ZIP Code of any City, State, County or Area Code

FREE Radius Search

Find all ZIP Codes

FREE Distance Calc

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






ZIP Code Database - Facts & Stats

Share |

ZIP Code 07054 Income Tax Stats

IRS Tax Statistics by ZIP Code -- Statistics of Income: 2013

ZIP Code 07054 Data

Zip Code:07054
City:Parsippany
State:NJ [New Jersey]
Counties: MORRIS, NJ
City Alias(es):Parsippany
Area Code:862
Time Zone: Eastern (GMT -05:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]





07054 Income Tax Overview

Total Number of Tax Returns for ZIP Code 07054 [1] 14,670
Total Number of Single Tax Returns for ZIP Code 07054 5,730
Total Number of Joint Tax Returns for ZIP Code 07054 6,550
Total Number of Dependents for ZIP Code 07054 8,330
Total Adjusted Gross Income for ZIP Code 07054 $1,158,208,000
Average Income per Person for ZIP Code 07054 $39,523
Average Income per Household for ZIP Code 07054 $78,951

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


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

Number of returns [1] 3,900
Number of single returns 2,980
Number of joint returns 580
Number of head of household returns 290
Number of returns with paid preparer's signature 2,230
Number of exemptions 4,080
Number of dependents 770
Adjust gross income (AGI) [2] $44,596,000
Number of returns with total income 3,900
Salaries and wages amount $45,608,000
Number of returns with salaries and wages 2,990
Salaries and wages amount $33,164
Number of returns with taxable interest 910
Taxable interest amount $672
Number of returns with ordinary dividends 620
Ordinary dividends amount $873,000
Number of returns with qualified dividends 570
Qualified dividends amount [3] $530
Number of returns with state and local income tax refunds 70
State and local income tax refunds amount $39
Number of returns with business or professional net income (less loss) 410
Business or professional net income (less loss) amount $2,883,000
Number of returns with net capital gain (less loss) 500
Net capital gain (less loss) amount $196,000
Number of returns with taxable individual retirement arrangements distributions 310
Taxable individual retirement arrangements distributions amount $1,952,000
Number of returns with taxable pensions and annuities 450
Taxable pensions and annuities amount $3,396,000
Number of farm returns 0
Number of returns with unemployment compensation 230
Unemployment compensation amount [4] $1,713,000
Number of returns with taxable Social Security benefits 200
Taxable Social Security benefits amount $358,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $188,000
Number of returns with total statutory adjustments 660
Total statutory adjustments amount $1,011,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 20
Self-employment retirement plans amount $162,000
Number of returns with self-employment health insurance deduction 40
Self-employment health insurance deduction amount $189,000
Number of returns with IRA payments 30
IRA payments amount $86,000
Number of returns with student loan interest deduction 190
Student loan interest deduction amount $220,000
Number of returns with tuition and fees deduction 50
Tuition and fees deduction amount $136,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 410
Total itemized deductions amount $6,867,000
Amount of AGI for itemized returns $6,104,000
Number of returns with State and local income taxes 100
State and local income taxes amount $98,000
Number of returns with State and local general sales tax 250
State and local general sales tax amount $132,000
Number of returns with real estate taxes 310
Real estate taxes amount $2,460,000
Number of returns with taxes paid 400
Taxes paid amount $2,743,000
Number of returns with mortgage interest paid 150
Mortgage interest paid amount $1,044,000
Number of returns with contributions 280
Contributions amount $320,000
Number of returns with taxable income 1,780
Taxable income amount $10,610,000
Number of returns with income tax before credits 1,690
Income tax before credits amount $1,104,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 360
Total tax credits amount $154,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 0
Child and dependent care credit amount $0
Number of returns with nonrefundable education credit 170
Nonrefundable education credit amount $113,000
Number of returns with retirement savings contribution credit 120
Retirement savings contribution credit amount $21,000
Number of returns with child tax credit 50
Child tax credit amount $16,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 380
Self-employment tax amount $505,000
Number of returns with total tax payments 3,380
Total tax payments amount $5,106,000
Number of returns with earned income credit 730
Earned income credit amount [5] $1,258,000
Number of returns with excess earned income credit 600
Excess earned income credit (refundable) amount [6] $1,066,000
Number of returns with additional child tax credit 310
Additional child tax credit amount $376,000
Number of returns with refundable education credit 220
Refundable education credit amount $198,000
Number of returns with income tax 1,480
Income tax amount [7] $949,000
Number of returns with tax liability 1,800
Total tax liability amount [8] $1,471,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 380
Tax due at time of filing amount [9] $280,000
Number of returns with overpayments refunded 3,130
Overpayments refunded amount [10] $3,882,000

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

Number of returns [1] 2,920
Number of single returns 1,770
Number of joint returns 810
Number of head of household returns 280
Number of returns with paid preparer's signature 1,720
Number of exemptions 4,850
Number of dependents 1,140
Adjust gross income (AGI) [2] $109,067,000
Number of returns with total income 2,920
Salaries and wages amount $110,892,000
Number of returns with salaries and wages 2,580
Salaries and wages amount $90,269
Number of returns with taxable interest 890
Taxable interest amount $749
Number of returns with ordinary dividends 530
Ordinary dividends amount $1,382,000
Number of returns with qualified dividends 480
Qualified dividends amount [3] $931
Number of returns with state and local income tax refunds 250
State and local income tax refunds amount $112
Number of returns with business or professional net income (less loss) 290
Business or professional net income (less loss) amount $3,256,000
Number of returns with net capital gain (less loss) 410
Net capital gain (less loss) amount $549,000
Number of returns with taxable individual retirement arrangements distributions 240
Taxable individual retirement arrangements distributions amount $2,347,000
Number of returns with taxable pensions and annuities 410
Taxable pensions and annuities amount $6,023,000
Number of farm returns 0
Number of returns with unemployment compensation 290
Unemployment compensation amount [4] $2,756,000
Number of returns with taxable Social Security benefits 410
Taxable Social Security benefits amount $2,944,000
Number of returns with partnership/S-corp net income (less loss) 140
Partnership/S-corp net income (less loss) amount ($222,000)
Number of returns with total statutory adjustments 800
Total statutory adjustments amount $1,826,000
Number of returns with educator expenses 80
Educator expenses amount $17,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 40
Self-employment health insurance deduction amount $283,000
Number of returns with IRA payments 100
IRA payments amount $437,000
Number of returns with student loan interest deduction 400
Student loan interest deduction amount $492,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $63,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 650
Total itemized deductions amount $11,861,000
Amount of AGI for itemized returns $24,816,000
Number of returns with State and local income taxes 390
State and local income taxes amount $519,000
Number of returns with State and local general sales tax 250
State and local general sales tax amount $193,000
Number of returns with real estate taxes 480
Real estate taxes amount $3,741,000
Number of returns with taxes paid 650
Taxes paid amount $4,538,000
Number of returns with mortgage interest paid 310
Mortgage interest paid amount $2,323,000
Number of returns with contributions 500
Contributions amount $938,000
Number of returns with taxable income 2,800
Taxable income amount $61,237,000
Number of returns with income tax before credits 2,770
Income tax before credits amount $7,672,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 910
Total tax credits amount $796,000
Number of returns with foreign tax credit 90
Foreign tax credit amount $7,000
Number of returns with child and dependent care credit 90
Child and dependent care credit amount $49,000
Number of returns with nonrefundable education credit 290
Nonrefundable education credit amount $333,000
Number of returns with retirement savings contribution credit 260
Retirement savings contribution credit amount $67,000
Number of returns with child tax credit 360
Child tax credit amount $334,000
Number of returns with residential energy tax credit 20
Residential energy tax credit amount $4,000
Number of returns with self-employment tax 250
Self-employment tax amount $595,000
Number of returns with total tax payments 2,840
Total tax payments amount $12,361,000
Number of returns with earned income credit 350
Earned income credit amount [5] $601,000
Number of returns with excess earned income credit 260
Excess earned income credit (refundable) amount [6] $468,000
Number of returns with additional child tax credit 270
Additional child tax credit amount $348,000
Number of returns with refundable education credit 200
Refundable education credit amount $177,000
Number of returns with income tax 2,480
Income tax amount [7] $6,876,000
Number of returns with tax liability 2,570
Total tax liability amount [8] $7,512,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 430
Tax due at time of filing amount [9] $570,000
Number of returns with overpayments refunded 2,450
Overpayments refunded amount [10] $5,346,000

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

Number of returns [1] 2,380
Number of single returns 1,150
Number of joint returns 950
Number of head of household returns 220
Number of returns with paid preparer's signature 1,430
Number of exemptions 4,400
Number of dependents 1,080
Adjust gross income (AGI) [2] $147,555,000
Number of returns with total income 2,380
Salaries and wages amount $149,495,000
Number of returns with salaries and wages 2,170
Salaries and wages amount $124,659
Number of returns with taxable interest 890
Taxable interest amount $759
Number of returns with ordinary dividends 560
Ordinary dividends amount $1,412,000
Number of returns with qualified dividends 520
Qualified dividends amount [3] $1,001
Number of returns with state and local income tax refunds 470
State and local income tax refunds amount $265
Number of returns with business or professional net income (less loss) 230
Business or professional net income (less loss) amount $3,002,000
Number of returns with net capital gain (less loss) 470
Net capital gain (less loss) amount $452,000
Number of returns with taxable individual retirement arrangements distributions 220
Taxable individual retirement arrangements distributions amount $2,947,000
Number of returns with taxable pensions and annuities 370
Taxable pensions and annuities amount $7,425,000
Number of farm returns 0
Number of returns with unemployment compensation 170
Unemployment compensation amount [4] $1,630,000
Number of returns with taxable Social Security benefits 360
Taxable Social Security benefits amount $5,870,000
Number of returns with partnership/S-corp net income (less loss) 130
Partnership/S-corp net income (less loss) amount $535,000
Number of returns with total statutory adjustments 700
Total statutory adjustments amount $1,941,000
Number of returns with educator expenses 90
Educator expenses amount $23,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 40
Self-employment health insurance deduction amount $201,000
Number of returns with IRA payments 90
IRA payments amount $586,000
Number of returns with student loan interest deduction 300
Student loan interest deduction amount $325,000
Number of returns with tuition and fees deduction 80
Tuition and fees deduction amount $207,000
Returns with domestic production activities deduction 20
Domestic production activities deduction amount $95,000
Number of returns with itemized deductions 860
Total itemized deductions amount $16,496,000
Amount of AGI for itemized returns $54,518,000
Number of returns with State and local income taxes 690
State and local income taxes amount $1,586,000
Number of returns with State and local general sales tax 160
State and local general sales tax amount $167,000
Number of returns with real estate taxes 630
Real estate taxes amount $5,154,000
Number of returns with taxes paid 860
Taxes paid amount $7,055,000
Number of returns with mortgage interest paid 470
Mortgage interest paid amount $3,782,000
Number of returns with contributions 700
Contributions amount $1,423,000
Number of returns with taxable income 2,370
Taxable income amount $100,910,000
Number of returns with income tax before credits 2,360
Income tax before credits amount $14,925,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 800
Total tax credits amount $1,010,000
Number of returns with foreign tax credit 140
Foreign tax credit amount $15,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $40,000
Number of returns with nonrefundable education credit 240
Nonrefundable education credit amount $329,000
Number of returns with retirement savings contribution credit 90
Retirement savings contribution credit amount $17,000
Number of returns with child tax credit 440
Child tax credit amount $591,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $12,000
Number of returns with self-employment tax 190
Self-employment tax amount $533,000
Number of returns with total tax payments 2,350
Total tax payments amount $18,676,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 70
Additional child tax credit amount $71,000
Number of returns with refundable education credit 180
Refundable education credit amount $186,000
Number of returns with income tax 2,300
Income tax amount [7] $13,915,000
Number of returns with tax liability 2,320
Total tax liability amount [8] $14,495,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 450
Tax due at time of filing amount [9] $915,000
Number of returns with overpayments refunded 1,880
Overpayments refunded amount [10] $4,973,000

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

Number of returns [1] 1,700
Number of single returns 540
Number of joint returns 1,010
Number of head of household returns 110
Number of returns with paid preparer's signature 1,020
Number of exemptions 3,780
Number of dependents 1,070
Adjust gross income (AGI) [2] $147,259,000
Number of returns with total income 1,700
Salaries and wages amount $149,279,000
Number of returns with salaries and wages 1,510
Salaries and wages amount $117,058
Number of returns with taxable interest 850
Taxable interest amount $1,292
Number of returns with ordinary dividends 620
Ordinary dividends amount $1,806,000
Number of returns with qualified dividends 570
Qualified dividends amount [3] $1,247
Number of returns with state and local income tax refunds 560
State and local income tax refunds amount $478
Number of returns with business or professional net income (less loss) 200
Business or professional net income (less loss) amount $3,232,000
Number of returns with net capital gain (less loss) 490
Net capital gain (less loss) amount $1,109,000
Number of returns with taxable individual retirement arrangements distributions 220
Taxable individual retirement arrangements distributions amount $3,801,000
Number of returns with taxable pensions and annuities 350
Taxable pensions and annuities amount $9,077,000
Number of farm returns 0
Number of returns with unemployment compensation 140
Unemployment compensation amount [4] $1,262,000
Number of returns with taxable Social Security benefits 350
Taxable Social Security benefits amount $7,464,000
Number of returns with partnership/S-corp net income (less loss) 140
Partnership/S-corp net income (less loss) amount $2,241,000
Number of returns with total statutory adjustments 420
Total statutory adjustments amount $2,020,000
Number of returns with educator expenses 60
Educator expenses amount $14,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 40
Self-employment health insurance deduction amount $407,000
Number of returns with IRA payments 70
IRA payments amount $447,000
Number of returns with student loan interest deduction 100
Student loan interest deduction amount $136,000
Number of returns with tuition and fees deduction 0
Tuition and fees deduction amount $0
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 930
Total itemized deductions amount $20,489,000
Amount of AGI for itemized returns $81,299,000
Number of returns with State and local income taxes 810
State and local income taxes amount $2,626,000
Number of returns with State and local general sales tax 110
State and local general sales tax amount $136,000
Number of returns with real estate taxes 760
Real estate taxes amount $6,308,000
Number of returns with taxes paid 930
Taxes paid amount $9,303,000
Number of returns with mortgage interest paid 600
Mortgage interest paid amount $5,218,000
Number of returns with contributions 800
Contributions amount $1,970,000
Number of returns with taxable income 1,690
Taxable income amount $104,434,000
Number of returns with income tax before credits 1,690
Income tax before credits amount $16,206,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 720
Total tax credits amount $1,041,000
Number of returns with foreign tax credit 160
Foreign tax credit amount $50,000
Number of returns with child and dependent care credit 90
Child and dependent care credit amount $51,000
Number of returns with nonrefundable education credit 180
Nonrefundable education credit amount $289,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 450
Child tax credit amount $627,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $11,000
Number of returns with self-employment tax 170
Self-employment tax amount $660,000
Number of returns with total tax payments 1,680
Total tax payments amount $19,154,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 150
Refundable education credit amount $152,000
Number of returns with income tax 1,670
Income tax amount [7] $15,165,000
Number of returns with tax liability 1,680
Total tax liability amount [8] $15,902,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 400
Tax due at time of filing amount [9] $1,116,000
Number of returns with overpayments refunded 1,260
Overpayments refunded amount [10] $4,257,000

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

Number of returns [1] 2,810
Number of single returns 350
Number of joint returns 2,320
Number of head of household returns 130
Number of returns with paid preparer's signature 1,790
Number of exemptions 8,160
Number of dependents 3,030
Adjust gross income (AGI) [2] $390,265,000
Number of returns with total income 2,810
Salaries and wages amount $394,672,000
Number of returns with salaries and wages 2,630
Salaries and wages amount $322,504
Number of returns with taxable interest 1,830
Taxable interest amount $3,085
Number of returns with ordinary dividends 1,420
Ordinary dividends amount $5,175,000
Number of returns with qualified dividends 1,340
Qualified dividends amount [3] $3,663
Number of returns with state and local income tax refunds 1,330
State and local income tax refunds amount $1,572
Number of returns with business or professional net income (less loss) 410
Business or professional net income (less loss) amount $9,461,000
Number of returns with net capital gain (less loss) 1,200
Net capital gain (less loss) amount $4,588,000
Number of returns with taxable individual retirement arrangements distributions 330
Taxable individual retirement arrangements distributions amount $7,517,000
Number of returns with taxable pensions and annuities 560
Taxable pensions and annuities amount $20,119,000
Number of farm returns 0
Number of returns with unemployment compensation 250
Unemployment compensation amount [4] $2,119,000
Number of returns with taxable Social Security benefits 450
Taxable Social Security benefits amount $11,094,000
Number of returns with partnership/S-corp net income (less loss) 350
Partnership/S-corp net income (less loss) amount $5,974,000
Number of returns with total statutory adjustments 850
Total statutory adjustments amount $4,407,000
Number of returns with educator expenses 150
Educator expenses amount $40,000
Number of returns with self-employment retirement plans 50
Self-employment retirement plans amount $876,000
Number of returns with self-employment health insurance deduction 70
Self-employment health insurance deduction amount $675,000
Number of returns with IRA payments 160
IRA payments amount $930,000
Number of returns with student loan interest deduction 160
Student loan interest deduction amount $150,000
Number of returns with tuition and fees deduction 100
Tuition and fees deduction amount $259,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 2,330
Total itemized deductions amount $63,539,000
Amount of AGI for itemized returns $329,574,000
Number of returns with State and local income taxes 2,240
State and local income taxes amount $13,817,000
Number of returns with State and local general sales tax 70
State and local general sales tax amount $118,000
Number of returns with real estate taxes 2,110
Real estate taxes amount $19,732,000
Number of returns with taxes paid 2,330
Taxes paid amount $34,128,000
Number of returns with mortgage interest paid 1,740
Mortgage interest paid amount $16,722,000
Number of returns with contributions 2,060
Contributions amount $5,986,000
Number of returns with taxable income 2,810
Taxable income amount $289,521,000
Number of returns with income tax before credits 2,810
Income tax before credits amount $51,286,000
Number of returns with alternative minimum tax 170
Alternative minimum tax amount $269,000
Number of returns with total tax credits 1,440
Total tax credits amount $1,727,000
Number of returns with foreign tax credit 440
Foreign tax credit amount $176,000
Number of returns with child and dependent care credit 360
Child and dependent care credit amount $216,000
Number of returns with nonrefundable education credit 340
Nonrefundable education credit amount $513,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 590
Child tax credit amount $697,000
Number of returns with residential energy tax credit 150
Residential energy tax credit amount $54,000
Number of returns with self-employment tax 330
Self-employment tax amount $1,538,000
Number of returns with total tax payments 2,800
Total tax payments amount $57,508,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 300
Refundable education credit amount $310,000
Number of returns with income tax 2,800
Income tax amount [7] $49,558,000
Number of returns with tax liability 2,800
Total tax liability amount [8] $51,282,000
Number of returns with Additional Medicare tax 20
Additional Medicare tax $5,000
Number of returns with net investment income tax 0
Net investment income tax $5,000
Number of returns with tax due at time of filing 820
Tax due at time of filing amount [9] $3,358,000
Number of returns with overpayments refunded 1,900
Overpayments refunded amount [10] $8,862,000

Adjusted Gross Income: $200,000 or more

Number of returns [1] 960
Number of single returns 60
Number of joint returns 880
Number of head of household returns 0
Number of returns with paid preparer's signature 640
Number of exemptions 3,080
Number of dependents 1,240
Adjust gross income (AGI) [2] $319,466,000
Number of returns with total income 960
Salaries and wages amount $323,756,000
Number of returns with salaries and wages 920
Salaries and wages amount $243,693
Number of returns with taxable interest 790
Taxable interest amount $2,124
Number of returns with ordinary dividends 680
Ordinary dividends amount $5,541,000
Number of returns with qualified dividends 650
Qualified dividends amount [3] $3,934
Number of returns with state and local income tax refunds 430
State and local income tax refunds amount $1,281
Number of returns with business or professional net income (less loss) 160
Business or professional net income (less loss) amount $12,134,000
Number of returns with net capital gain (less loss) 630
Net capital gain (less loss) amount $14,643,000
Number of returns with taxable individual retirement arrangements distributions 110
Taxable individual retirement arrangements distributions amount $3,727,000
Number of returns with taxable pensions and annuities 160
Taxable pensions and annuities amount $6,673,000
Number of farm returns 0
Number of returns with unemployment compensation 80
Unemployment compensation amount [4] $826,000
Number of returns with taxable Social Security benefits 100
Taxable Social Security benefits amount $2,804,000
Number of returns with partnership/S-corp net income (less loss) 220
Partnership/S-corp net income (less loss) amount $26,157,000
Number of returns with total statutory adjustments 260
Total statutory adjustments amount $4,290,000
Number of returns with educator expenses 40
Educator expenses amount $9,000
Number of returns with self-employment retirement plans 70
Self-employment retirement plans amount $1,673,000
Number of returns with self-employment health insurance deduction 60
Self-employment health insurance deduction amount $767,000
Number of returns with IRA payments 20
IRA payments amount $198,000
Number of returns with student loan interest deduction 0
Student loan interest deduction amount $0
Number of returns with tuition and fees deduction 0
Tuition and fees deduction amount $0
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 930
Total itemized deductions amount $41,941,000
Amount of AGI for itemized returns $309,115,000
Number of returns with State and local income taxes 920
State and local income taxes amount $18,994,000
Number of returns with State and local general sales tax 0
State and local general sales tax amount $0
Number of returns with real estate taxes 860
Real estate taxes amount $9,827,000
Number of returns with taxes paid 930
Taxes paid amount $29,161,000
Number of returns with mortgage interest paid 700
Mortgage interest paid amount $7,987,000
Number of returns with contributions 830
Contributions amount $3,963,000
Number of returns with taxable income 960
Taxable income amount $267,962,000
Number of returns with income tax before credits 960
Income tax before credits amount $70,365,000
Number of returns with alternative minimum tax 700
Alternative minimum tax amount $3,500,000
Number of returns with total tax credits 470
Total tax credits amount $1,412,000
Number of returns with foreign tax credit 310
Foreign tax credit amount $1,229,000
Number of returns with child and dependent care credit 170
Child and dependent care credit amount $93,000
Number of returns with nonrefundable education credit 0
Nonrefundable education credit amount $0
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 0
Child tax credit amount $0
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $10,000
Number of returns with self-employment tax 160
Self-employment tax amount $1,491,000
Number of returns with total tax payments 950
Total tax payments amount $68,642,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 0
Refundable education credit amount $0
Number of returns with income tax 960
Income tax amount [7] $68,957,000
Number of returns with tax liability 960
Total tax liability amount [8] $71,806,000
Number of returns with Additional Medicare tax 490
Additional Medicare tax $597,000
Number of returns with net investment income tax 440
Net investment income tax $597,000
Number of returns with tax due at time of filing 510
Tax due at time of filing amount [9] $7,535,000
Number of returns with overpayments refunded 370
Overpayments refunded amount [10] $2,544,000

[1] For complete individual income tax tabulations at the State level, see the historic table posted to Tax Stats at http://www.irs.gov/uac/SOI-Tax-Stats---Historic-Table-

[2] Does not include returns with adjusted gross deficit.

[3] “Qualified dividends” are ordinary dividends received in tax years beginning after 2002 that meet certain conditions and receive preferential tax rates. The maximum qualified dividends tax rate is 15%.

[4] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's.
This fund only applies to statistics in the totals, and the state of Alaska.

[5] 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 6 below for explanation of the refundable portion of the earned income credit.

[6] 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. No other refundable credits were taken into account for this calculation.

[7] Income tax reflects the amount reported on Form 1040 line 55. It also includes data from Form 1040A and 1040EZ filers.

[8] “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.

[9] Reflects payments to or withholdings made to "Total tax liability". This is the amount the tax filer owes when the income tax return is filed.

[10] The amount of overpayments the tax filer requested to have refunded.