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ZIP Code Database - Facts & Stats

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ZIP Code 38016 Income Tax Stats

IRS Tax Statistics by ZIP Code -- Statistics of Income: 2017

ZIP Code 38016 Data

Zip Code:38016
City:Cordova
State:TN [Tennessee]
Counties: SHELBY, TN
City Alias(es):Cordova
Area Code:901
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]


38016 Income Tax Overview

Total Number of Tax Returns for ZIP Code 38016 [1] 23,200
Total Number of Single Tax Returns for ZIP Code 38016 5,830
Total Number of Joint Tax Returns for ZIP Code 38016 6,230
Total Number of Dependents for ZIP Code 38016 14,000
Total Adjusted Gross Income for ZIP Code 38016 $1,302,925,000
Average Income per Person for ZIP Code 38016 $30,245
Average Income per Household for ZIP Code 38016 $56,161

The following tables break down the 2017 Income Tax Statistics into different Gross Income levels.


Adjusted Gross Income: 1 under $25,000

Number of returns 7,480
Number of single returns 5,130
Number of joint returns 630
Number of head of household returns 1,580
Number of returns with paid preparer's signature 3,190
Number of exemptions 10,240
Number of dependents 3,500
Total number of volunteer prepared returns [5] 110
Number of volunteer income tax assistance (VITA) prepared returns [3] 70
Number of tax counseling for the elderly (TCE) prepared returns [3] 50
Number of volunteer prepared returns with Earned Income Credit 30
Number of refund anticipation check returns [3] 1,810
Number of elderly returns [4] 1,080
Adjust gross income (AGI) [5] $98,862,000
Number of returns with total income 7,480
Salaries and wages amount $100,814,000
Number of returns with salaries and wages 6,070
Salaries and wages amount $88,336
Number of returns with taxable interest 590
Taxable interest amount $298
Number of returns with ordinary dividends 370
Ordinary dividends amount $642,000
Number of returns with qualified dividends 330
Qualified dividends amount [6] $396
Number of returns with state and local income tax refunds 0
State and local income tax refunds amount $0
Number of returns with business or professional net income (less loss) 1,830
Business or professional net income (less loss) amount $461,000
Number of returns with net capital gain (less loss) 330
Net capital gain (less loss) amount $246,000
Number of returns with taxable individual retirement arrangements distributions 350
Taxable individual retirement arrangements distributions amount $2,234,000
Number of returns with taxable pensions and annuities 820
Taxable pensions and annuities amount $7,472,000
Number of farm returns 0
Number of returns with unemployment compensation 100
Unemployment compensation amount [7] $372,000
Number of returns with taxable Social Security benefits 340
Taxable Social Security benefits amount $714,000
Number of returns with partnership/S-corp net income (less loss) 70
Partnership/S-corp net income (less loss) amount $247,000
Number of returns with total statutory adjustments 1,490
Total statutory adjustments amount $1,952,000
Number of returns with educator expenses 50
Educator expenses amount $12,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 100
Self-employment health insurance deduction amount $265,000
Number of returns with IRA payments 30
IRA payments amount $101,000
Number of returns with student loan interest deduction 270
Student loan interest deduction amount $249,000
Number of returns with tuition and fees deduction 60
Tuition and fees deduction amount $180,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 630
Total itemized deductions amount $9,531,000
Amount of AGI for itemized returns $10,171,000
Number of returns with State and local income taxes 50
State and local income taxes amount $44,000
Number of returns with State and local general sales tax 430
State and local general sales tax amount $537,000
Number of returns with real estate taxes 380
Real estate taxes amount $1,030,000
Number of returns with taxes paid 590
Taxes paid amount $1,778,000
Number of returns with mortgage interest paid 340
Mortgage interest paid amount $1,788,000
Number of returns with contributions 470
Contributions amount $1,679,000
Number of returns with taxable income 3,440
Taxable income amount $20,472,000
Number of returns with income tax before credits 3,460
Income tax before credits amount $2,190,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 1,180
Total tax credits amount $452,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 140
Child and dependent care credit amount $45,000
Number of returns with nonrefundable education credit 440
Nonrefundable education credit amount $263,000
Number of returns with retirement savings contribution credit 410
Retirement savings contribution credit amount $69,000
Number of returns with child tax credit 220
Child tax credit amount $68,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 1,090
Self-employment tax amount $1,625,000
Number of returns with total tax payments 6,930
Total tax payments amount $18,374,000
Number of returns with earned income credit 2,890
Earned income credit amount [8] $8,279,000
Number of returns with excess earned income credit 2,590
Excess earned income credit (refundable) amount [9] $7,235,000
Number of returns with additional child tax credit 1,730
Additional child tax credit amount $2,217,000
Number of returns with refundable education credit 820
Refundable education credit amount $782,000
Number of returns with income tax 2,630
Income tax amount [10] $1,738,000
Number of returns with tax liability 3,650
Total tax liability amount [11] $3,520,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 730
Tax due at time of filing amount [12] $725,000
Number of returns with overpayments refunded 6,470
Overpayments refunded amount [13] $15,500,000
Number of returns with credit to next year’s estimated tax 30
Credited to next year’s estimated tax amount $48,000

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

Number of returns 6,520
Number of single returns 3,310
Number of joint returns 970
Number of head of household returns 1,980
Number of returns with paid preparer's signature 2,670
Number of exemptions 11,700
Number of dependents 4,260
Total number of volunteer prepared returns [5] 140
Number of volunteer income tax assistance (VITA) prepared returns [3] 90
Number of tax counseling for the elderly (TCE) prepared returns [3] 50
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 1,730
Number of elderly returns [4] 980
Adjust gross income (AGI) [5] $238,508,000
Number of returns with total income 6,520
Salaries and wages amount $241,234,000
Number of returns with salaries and wages 5,870
Salaries and wages amount $216,087
Number of returns with taxable interest 680
Taxable interest amount $354
Number of returns with ordinary dividends 400
Ordinary dividends amount $769,000
Number of returns with qualified dividends 370
Qualified dividends amount [6] $513
Number of returns with state and local income tax refunds 50
State and local income tax refunds amount $29
Number of returns with business or professional net income (less loss) 1,220
Business or professional net income (less loss) amount ($2,326,000)
Number of returns with net capital gain (less loss) 350
Net capital gain (less loss) amount $547,000
Number of returns with taxable individual retirement arrangements distributions 340
Taxable individual retirement arrangements distributions amount $3,958,000
Number of returns with taxable pensions and annuities 960
Taxable pensions and annuities amount $14,905,000
Number of farm returns 0
Number of returns with unemployment compensation 100
Unemployment compensation amount [7] $361,000
Number of returns with taxable Social Security benefits 700
Taxable Social Security benefits amount $5,098,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $615,000
Number of returns with total statutory adjustments 1,580
Total statutory adjustments amount $2,726,000
Number of returns with educator expenses 220
Educator expenses amount $55,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 70
Self-employment health insurance deduction amount $256,000
Number of returns with IRA payments 110
IRA payments amount $355,000
Number of returns with student loan interest deduction 830
Student loan interest deduction amount $902,000
Number of returns with tuition and fees deduction 20
Tuition and fees deduction amount $57,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,670
Total itemized deductions amount $28,505,000
Amount of AGI for itemized returns $64,420,000
Number of returns with State and local income taxes 110
State and local income taxes amount $156,000
Number of returns with State and local general sales tax 1,190
State and local general sales tax amount $2,091,000
Number of returns with real estate taxes 1,030
Real estate taxes amount $2,588,000
Number of returns with taxes paid 1,580
Taxes paid amount $5,381,000
Number of returns with mortgage interest paid 970
Mortgage interest paid amount $5,206,000
Number of returns with contributions 1,420
Contributions amount $6,674,000
Number of returns with taxable income 6,290
Taxable income amount $123,553,000
Number of returns with income tax before credits 6,280
Income tax before credits amount $15,422,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 3,020
Total tax credits amount $3,015,000
Number of returns with foreign tax credit 90
Foreign tax credit amount $15,000
Number of returns with child and dependent care credit 650
Child and dependent care credit amount $399,000
Number of returns with nonrefundable education credit 930
Nonrefundable education credit amount $1,071,000
Number of returns with retirement savings contribution credit 1,050
Retirement savings contribution credit amount $171,000
Number of returns with child tax credit 1,420
Child tax credit amount $1,281,000
Number of returns with residential energy tax credit 100
Residential energy tax credit amount $64,000
Number of returns with self-employment tax 460
Self-employment tax amount $1,243,000
Number of returns with total tax payments 6,370
Total tax payments amount $27,195,000
Number of returns with earned income credit 1,700
Earned income credit amount [8] $3,356,000
Number of returns with excess earned income credit 1,430
Excess earned income credit (refundable) amount [9] $2,829,000
Number of returns with additional child tax credit 1,250
Additional child tax credit amount $1,647,000
Number of returns with refundable education credit 680
Refundable education credit amount $659,000
Number of returns with income tax 4,950
Income tax amount [10] $12,407,000
Number of returns with tax liability 5,220
Total tax liability amount [11] $13,938,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 1,030
Tax due at time of filing amount [12] $1,787,000
Number of returns with overpayments refunded 5,430
Overpayments refunded amount [13] $14,941,000
Number of returns with credit to next year’s estimated tax 30
Credited to next year’s estimated tax amount $36,000

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

Number of returns 3,890
Number of single returns 1,780
Number of joint returns 1,040
Number of head of household returns 870
Number of returns with paid preparer's signature 1,680
Number of exemptions 7,270
Number of dependents 2,330
Total number of volunteer prepared returns [5] 40
Number of volunteer income tax assistance (VITA) prepared returns [3] 40
Number of tax counseling for the elderly (TCE) prepared returns [3] 0
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 820
Number of elderly returns [4] 780
Adjust gross income (AGI) [5] $238,325,000
Number of returns with total income 3,890
Salaries and wages amount $240,918,000
Number of returns with salaries and wages 3,520
Salaries and wages amount $203,993
Number of returns with taxable interest 740
Taxable interest amount $378
Number of returns with ordinary dividends 400
Ordinary dividends amount $877,000
Number of returns with qualified dividends 360
Qualified dividends amount [6] $583
Number of returns with state and local income tax refunds 70
State and local income tax refunds amount $56
Number of returns with business or professional net income (less loss) 650
Business or professional net income (less loss) amount $2,304,000
Number of returns with net capital gain (less loss) 360
Net capital gain (less loss) amount $956,000
Number of returns with taxable individual retirement arrangements distributions 290
Taxable individual retirement arrangements distributions amount $4,029,000
Number of returns with taxable pensions and annuities 820
Taxable pensions and annuities amount $18,433,000
Number of farm returns 0
Number of returns with unemployment compensation 50
Unemployment compensation amount [7] $222,000
Number of returns with taxable Social Security benefits 550
Taxable Social Security benefits amount $8,398,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $998,000
Number of returns with total statutory adjustments 1,280
Total statutory adjustments amount $2,593,000
Number of returns with educator expenses 240
Educator expenses amount $58,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 60
Self-employment health insurance deduction amount $275,000
Number of returns with IRA payments 90
IRA payments amount $342,000
Number of returns with student loan interest deduction 700
Student loan interest deduction amount $810,000
Number of returns with tuition and fees deduction 60
Tuition and fees deduction amount $140,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,840
Total itemized deductions amount $35,860,000
Amount of AGI for itemized returns $113,832,000
Number of returns with State and local income taxes 130
State and local income taxes amount $285,000
Number of returns with State and local general sales tax 1,320
State and local general sales tax amount $2,998,000
Number of returns with real estate taxes 1,390
Real estate taxes amount $3,731,000
Number of returns with taxes paid 1,770
Taxes paid amount $7,546,000
Number of returns with mortgage interest paid 1,360
Mortgage interest paid amount $8,051,000
Number of returns with contributions 1,610
Contributions amount $9,251,000
Number of returns with taxable income 3,870
Taxable income amount $154,559,000
Number of returns with income tax before credits 3,870
Income tax before credits amount $22,516,000
Number of returns with alternative minimum tax 20
Alternative minimum tax amount $20,000
Number of returns with total tax credits 1,460
Total tax credits amount $2,312,000
Number of returns with foreign tax credit 90
Foreign tax credit amount $13,000
Number of returns with child and dependent care credit 360
Child and dependent care credit amount $200,000
Number of returns with nonrefundable education credit 440
Nonrefundable education credit amount $598,000
Number of returns with retirement savings contribution credit 180
Retirement savings contribution credit amount $26,000
Number of returns with child tax credit 980
Child tax credit amount $1,344,000
Number of returns with residential energy tax credit 90
Residential energy tax credit amount $89,000
Number of returns with self-employment tax 330
Self-employment tax amount $1,018,000
Number of returns with total tax payments 3,830
Total tax payments amount $27,604,000
Number of returns with earned income credit 0
Earned income credit amount [8] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [9] $0
Number of returns with additional child tax credit 180
Additional child tax credit amount $223,000
Number of returns with refundable education credit 320
Refundable education credit amount $308,000
Number of returns with income tax 3,700
Income tax amount [10] $20,204,000
Number of returns with tax liability 3,740
Total tax liability amount [11] $21,497,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 910
Tax due at time of filing amount [12] $2,387,000
Number of returns with overpayments refunded 2,950
Overpayments refunded amount [13] $8,326,000
Number of returns with credit to next year’s estimated tax 40
Credited to next year’s estimated tax amount $96,000

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

Number of returns 2,170
Number of single returns 660
Number of joint returns 1,130
Number of head of household returns 320
Number of returns with paid preparer's signature 980
Number of exemptions 4,820
Number of dependents 1,520
Total number of volunteer prepared returns [5] 0
Number of volunteer income tax assistance (VITA) prepared returns [3] 0
Number of tax counseling for the elderly (TCE) prepared returns [3] 0
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 330
Number of elderly returns [4] 570
Adjust gross income (AGI) [5] $187,335,000
Number of returns with total income 2,170
Salaries and wages amount $188,940,000
Number of returns with salaries and wages 1,950
Salaries and wages amount $152,651
Number of returns with taxable interest 560
Taxable interest amount $411
Number of returns with ordinary dividends 350
Ordinary dividends amount $1,159,000
Number of returns with qualified dividends 320
Qualified dividends amount [6] $847
Number of returns with state and local income tax refunds 50
State and local income tax refunds amount $31
Number of returns with business or professional net income (less loss) 390
Business or professional net income (less loss) amount $3,456,000
Number of returns with net capital gain (less loss) 300
Net capital gain (less loss) amount $1,215,000
Number of returns with taxable individual retirement arrangements distributions 250
Taxable individual retirement arrangements distributions amount $4,852,000
Number of returns with taxable pensions and annuities 580
Taxable pensions and annuities amount $15,127,000
Number of farm returns 0
Number of returns with unemployment compensation 30
Unemployment compensation amount [7] $111,000
Number of returns with taxable Social Security benefits 420
Taxable Social Security benefits amount $8,234,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $1,000,000
Number of returns with total statutory adjustments 630
Total statutory adjustments amount $1,605,000
Number of returns with educator expenses 100
Educator expenses amount $26,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 30
Self-employment health insurance deduction amount $165,000
Number of returns with IRA payments 50
IRA payments amount $256,000
Number of returns with student loan interest deduction 270
Student loan interest deduction amount $319,000
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 1,150
Total itemized deductions amount $24,456,000
Amount of AGI for itemized returns $99,357,000
Number of returns with State and local income taxes 100
State and local income taxes amount $253,000
Number of returns with State and local general sales tax 820
State and local general sales tax amount $1,984,000
Number of returns with real estate taxes 980
Real estate taxes amount $2,879,000
Number of returns with taxes paid 1,130
Taxes paid amount $5,382,000
Number of returns with mortgage interest paid 940
Mortgage interest paid amount $5,789,000
Number of returns with contributions 1,050
Contributions amount $7,001,000
Number of returns with taxable income 2,170
Taxable income amount $131,991,000
Number of returns with income tax before credits 2,170
Income tax before credits amount $20,450,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 860
Total tax credits amount $1,427,000
Number of returns with foreign tax credit 100
Foreign tax credit amount $6,000
Number of returns with child and dependent care credit 240
Child and dependent care credit amount $154,000
Number of returns with nonrefundable education credit 220
Nonrefundable education credit amount $290,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 600
Child tax credit amount $895,000
Number of returns with residential energy tax credit 70
Residential energy tax credit amount $52,000
Number of returns with self-employment tax 240
Self-employment tax amount $823,000
Number of returns with total tax payments 2,150
Total tax payments amount $22,931,000
Number of returns with earned income credit 0
Earned income credit amount [8] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [9] $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 $136,000
Number of returns with income tax 2,150
Income tax amount [10] $19,023,000
Number of returns with tax liability 2,160
Total tax liability amount [11] $20,048,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 600
Tax due at time of filing amount [12] $2,022,000
Number of returns with overpayments refunded 1,550
Overpayments refunded amount [13] $4,770,000
Number of returns with credit to next year’s estimated tax 30
Credited to next year’s estimated tax amount $57,000

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

Number of returns 2,580
Number of single returns 370
Number of joint returns 1,990
Number of head of household returns 200
Number of returns with paid preparer's signature 1,270
Number of exemptions 6,560
Number of dependents 2,000
Total number of volunteer prepared returns [5] 0
Number of volunteer income tax assistance (VITA) prepared returns [3] 0
Number of tax counseling for the elderly (TCE) prepared returns [3] 0
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 260
Number of elderly returns [4] 810
Adjust gross income (AGI) [5] $341,596,000
Number of returns with total income 2,580
Salaries and wages amount $345,913,000
Number of returns with salaries and wages 2,320
Salaries and wages amount $268,095
Number of returns with taxable interest 1,000
Taxable interest amount $931
Number of returns with ordinary dividends 700
Ordinary dividends amount $3,179,000
Number of returns with qualified dividends 640
Qualified dividends amount [6] $2,315
Number of returns with state and local income tax refunds 80
State and local income tax refunds amount $84
Number of returns with business or professional net income (less loss) 570
Business or professional net income (less loss) amount $11,677,000
Number of returns with net capital gain (less loss) 630
Net capital gain (less loss) amount $4,432,000
Number of returns with taxable individual retirement arrangements distributions 380
Taxable individual retirement arrangements distributions amount $9,586,000
Number of returns with taxable pensions and annuities 790
Taxable pensions and annuities amount $29,247,000
Number of farm returns 30
Number of returns with unemployment compensation 40
Unemployment compensation amount [7] $161,000
Number of returns with taxable Social Security benefits 510
Taxable Social Security benefits amount $12,327,000
Number of returns with partnership/S-corp net income (less loss) 150
Partnership/S-corp net income (less loss) amount $3,672,000
Number of returns with total statutory adjustments 940
Total statutory adjustments amount $4,317,000
Number of returns with educator expenses 160
Educator expenses amount $46,000
Number of returns with self-employment retirement plans 40
Self-employment retirement plans amount $613,000
Number of returns with self-employment health insurance deduction 90
Self-employment health insurance deduction amount $701,000
Number of returns with IRA payments 90
IRA payments amount $510,000
Number of returns with student loan interest deduction 370
Student loan interest deduction amount $484,000
Number of returns with tuition and fees deduction 60
Tuition and fees deduction amount $167,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,620
Total itemized deductions amount $40,689,000
Amount of AGI for itemized returns $218,151,000
Number of returns with State and local income taxes 150
State and local income taxes amount $674,000
Number of returns with State and local general sales tax 1,270
State and local general sales tax amount $3,846,000
Number of returns with real estate taxes 1,480
Real estate taxes amount $5,240,000
Number of returns with taxes paid 1,610
Taxes paid amount $10,156,000
Number of returns with mortgage interest paid 1,360
Mortgage interest paid amount $9,884,000
Number of returns with contributions 1,500
Contributions amount $13,074,000
Number of returns with taxable income 2,570
Taxable income amount $262,713,000
Number of returns with income tax before credits 2,570
Income tax before credits amount $46,053,000
Number of returns with alternative minimum tax 50
Alternative minimum tax amount $85,000
Number of returns with total tax credits 950
Total tax credits amount $1,380,000
Number of returns with foreign tax credit 180
Foreign tax credit amount $33,000
Number of returns with child and dependent care credit 280
Child and dependent care credit amount $173,000
Number of returns with nonrefundable education credit 290
Nonrefundable education credit amount $414,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 430
Child tax credit amount $535,000
Number of returns with residential energy tax credit 100
Residential energy tax credit amount $56,000
Number of returns with self-employment tax 370
Self-employment tax amount $1,994,000
Number of returns with total tax payments 2,560
Total tax payments amount $48,471,000
Number of returns with earned income credit 0
Earned income credit amount [8] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [9] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 240
Refundable education credit amount $233,000
Number of returns with income tax 2,570
Income tax amount [10] $44,673,000
Number of returns with tax liability 2,570
Total tax liability amount [11] $47,069,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 980
Tax due at time of filing amount [12] $5,160,000
Number of returns with overpayments refunded 1,540
Overpayments refunded amount [13] $6,105,000
Number of returns with credit to next year’s estimated tax 60
Credited to next year’s estimated tax amount $372,000

Adjusted Gross Income: $200,000 or more

Number of returns 560
Number of single returns 70
Number of joint returns 470
Number of head of household returns 0
Number of returns with paid preparer's signature 370
Number of exemptions 1,420
Number of dependents 390
Total number of volunteer prepared returns [5] 0
Number of volunteer income tax assistance (VITA) prepared returns [3] 0
Number of tax counseling for the elderly (TCE) prepared returns [3] 0
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 0
Number of elderly returns [4] 230
Adjust gross income (AGI) [5] $198,299,000
Number of returns with total income 560
Salaries and wages amount $201,358,000
Number of returns with salaries and wages 490
Salaries and wages amount $123,162
Number of returns with taxable interest 400
Taxable interest amount $1,219
Number of returns with ordinary dividends 320
Ordinary dividends amount $4,460,000
Number of returns with qualified dividends 300
Qualified dividends amount [6] $3,097
Number of returns with state and local income tax refunds 30
State and local income tax refunds amount $56
Number of returns with business or professional net income (less loss) 150
Business or professional net income (less loss) amount $13,222,000
Number of returns with net capital gain (less loss) 300
Net capital gain (less loss) amount $19,673,000
Number of returns with taxable individual retirement arrangements distributions 110
Taxable individual retirement arrangements distributions amount $5,328,000
Number of returns with taxable pensions and annuities 190
Taxable pensions and annuities amount $12,227,000
Number of farm returns 0
Number of returns with unemployment compensation 0
Unemployment compensation amount [7] $0
Number of returns with taxable Social Security benefits 140
Taxable Social Security benefits amount $3,938,000
Number of returns with partnership/S-corp net income (less loss) 120
Partnership/S-corp net income (less loss) amount $12,754,000
Number of returns with total statutory adjustments 200
Total statutory adjustments amount $3,059,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 40
Self-employment retirement plans amount $1,077,000
Number of returns with self-employment health insurance deduction 50
Self-employment health insurance deduction amount $481,000
Number of returns with IRA payments 0
IRA payments amount $0
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 420
Total itemized deductions amount $18,888,000
Amount of AGI for itemized returns $148,505,000
Number of returns with State and local income taxes 70
State and local income taxes amount $896,000
Number of returns with State and local general sales tax 330
State and local general sales tax amount $1,360,000
Number of returns with real estate taxes 410
Real estate taxes amount $2,238,000
Number of returns with taxes paid 420
Taxes paid amount $4,561,000
Number of returns with mortgage interest paid 330
Mortgage interest paid amount $2,983,000
Number of returns with contributions 390
Contributions amount $7,276,000
Number of returns with taxable income 560
Taxable income amount $173,239,000
Number of returns with income tax before credits 560
Income tax before credits amount $43,284,000
Number of returns with alternative minimum tax 120
Alternative minimum tax amount $602,000
Number of returns with total tax credits 190
Total tax credits amount $789,000
Number of returns with foreign tax credit 140
Foreign tax credit amount $588,000
Number of returns with child and dependent care credit 30
Child and dependent care credit amount $15,000
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 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 140
Self-employment tax amount $1,528,000
Number of returns with total tax payments 560
Total tax payments amount $41,987,000
Number of returns with earned income credit 0
Earned income credit amount [8] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [9] $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 560
Income tax amount [10] $42,495,000
Number of returns with tax liability 560
Total tax liability amount [11] $45,221,000
Number of returns with net investment income tax 260
Net investment income tax $580,000
Number of returns with tax due at time of filing 320
Tax due at time of filing amount [12] $6,374,000
Number of returns with overpayments refunded 210
Overpayments refunded amount [13] $1,735,000
Number of returns with credit to next year’s estimated tax 40
Credited to next year’s estimated tax amount $1,327,000

[1] The use of prior-year returns as a proxy for returns that are filed beyond the current processing year is consistent with SOI’s national, state, county, and ZIP code tabulations. A description of SOI’s sample, which is used as an input for the geographic data, and the use of prior-year returns, can be found at https://www.irs.gov/statistics/soi-tax-stats-individual-income-tax-returns-publication-1304-complete-report#_sec2.

[2] 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.

[3] The "Number of volunteer prepared returns" shows counts of returns prepared by IRS-certified volunteers for taxpayers with limited income, persons with disabilities, limited English speaking taxpayers, current and former members of the military, and taxpayers who are 60 years of age and older.

[4] Includes primary taxpayers 60 years of age and older.

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

[6] “Qualified dividends” are ordinary dividends received in tax years beginning after 2002 that meet certain conditions and receive preferential tax rates.

[7] 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.

[8] 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 9 below for explanation of the refundable portion of the earned income credit.

[9] 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.

[10] Income tax reflects the amount reported on Form 1040 line 56. It also includes data from Form 1040A and 1040EZ filers.

[11] “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.

[12] 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.

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