MEMPHIS, TN 38118
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1-800-425-1169
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ZIP Code Database - Facts & Stats

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ZIP Code 38118 Income Tax Stats

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

ZIP Code 38118 Data

Zip Code:38118
City:Memphis
State:TN [Tennessee]
Counties: SHELBY, TN
City Alias(es):Memphis
Area Code:901
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]




38118 Income Tax Overview

Total Number of Tax Returns for ZIP Code 38118 [1] 19,930
Total Number of Single Tax Returns for ZIP Code 38118 1,890
Total Number of Joint Tax Returns for ZIP Code 38118 1,940
Total Number of Dependents for ZIP Code 38118 23,510
Total Adjusted Gross Income for ZIP Code 38118 $515,979,000
Average Income per Person for ZIP Code 38118 $12,444
Average Income per Household for ZIP Code 38118 $25,890

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] 12,740
Number of single returns 6,340
Number of joint returns 500
Number of head of household returns 5,810
Number of returns with paid preparer's signature 6,920
Number of exemptions 26,390
Number of dependents 14,050
Adjust gross income (AGI) [2] $180,497,000
Number of returns with total income 12,740
Salaries and wages amount $182,634,000
Number of returns with salaries and wages 11,210
Salaries and wages amount $157,226
Number of returns with taxable interest 310
Taxable interest amount $190
Number of returns with ordinary dividends 70
Ordinary dividends amount $78,000
Number of returns with qualified dividends 60
Qualified dividends amount [3] $33
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) 3,100
Business or professional net income (less loss) amount $16,072,000
Number of returns with net capital gain (less loss) 70
Net capital gain (less loss) amount $19,000
Number of returns with taxable individual retirement arrangements distributions 120
Taxable individual retirement arrangements distributions amount $538,000
Number of returns with taxable pensions and annuities 660
Taxable pensions and annuities amount $4,689,000
Number of farm returns 0
Number of returns with unemployment compensation 690
Unemployment compensation amount [4] $3,152,000
Number of returns with taxable Social Security benefits 110
Taxable Social Security benefits amount $201,000
Number of returns with partnership/S-corp net income (less loss) 20
Partnership/S-corp net income (less loss) amount $119,000
Number of returns with total statutory adjustments 2,600
Total statutory adjustments amount $2,138,000
Number of returns with educator expenses 40
Educator expenses amount $9,000
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 $98,000
Number of returns with IRA payments 20
IRA payments amount $71,000
Number of returns with student loan interest deduction 170
Student loan interest deduction amount $165,000
Number of returns with tuition and fees deduction 60
Tuition and fees deduction amount $175,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 390
Total itemized deductions amount $4,870,000
Amount of AGI for itemized returns $6,689,000
Number of returns with State and local income taxes 20
State and local income taxes amount $13,000
Number of returns with State and local general sales tax 290
State and local general sales tax amount $391,000
Number of returns with real estate taxes 210
Real estate taxes amount $293,000
Number of returns with taxes paid 370
Taxes paid amount $860,000
Number of returns with mortgage interest paid 220
Mortgage interest paid amount $959,000
Number of returns with contributions 310
Contributions amount $986,000
Number of returns with taxable income 4,770
Taxable income amount $25,021,000
Number of returns with income tax before credits 4,760
Income tax before credits amount $2,640,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 2,300
Total tax credits amount $788,000
Number of returns with foreign tax credit 0
Foreign tax credit amount $0
Number of returns with child and dependent care credit 180
Child and dependent care credit amount $60,000
Number of returns with nonrefundable education credit 620
Nonrefundable education credit amount $341,000
Number of returns with retirement savings contribution credit 500
Retirement savings contribution credit amount $91,000
Number of returns with child tax credit 1,080
Child tax credit amount $286,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $7,000
Number of returns with self-employment tax 2,330
Self-employment tax amount $3,076,000
Number of returns with total tax payments 12,440
Total tax payments amount $45,545,000
Number of returns with earned income credit 7,090
Earned income credit amount [5] $23,878,000
Number of returns with excess earned income credit 6,800
Excess earned income credit (refundable) amount [6] $21,073,000
Number of returns with additional child tax credit 6,130
Additional child tax credit amount $8,945,000
Number of returns with refundable education credit 1,870
Refundable education credit amount $1,914,000
Number of returns with income tax 2,830
Income tax amount [7] $1,852,000
Number of returns with tax liability 5,200
Total tax liability amount [8] $4,966,000
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 520
Tax due at time of filing amount [9] $467,000
Number of returns with overpayments refunded 12,070
Overpayments refunded amount [10] $41,407,000

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

Number of returns [1] 5,400
Number of single returns 1,940
Number of joint returns 660
Number of head of household returns 2,690
Number of returns with paid preparer's signature 2,910
Number of exemptions 14,040
Number of dependents 7,980
Adjust gross income (AGI) [2] $184,570,000
Number of returns with total income 5,400
Salaries and wages amount $185,519,000
Number of returns with salaries and wages 5,140
Salaries and wages amount $172,060
Number of returns with taxable interest 360
Taxable interest amount $250
Number of returns with ordinary dividends 120
Ordinary dividends amount $158,000
Number of returns with qualified dividends 100
Qualified dividends amount [3] $91
Number of returns with state and local income tax refunds 80
State and local income tax refunds amount $43
Number of returns with business or professional net income (less loss) 610
Business or professional net income (less loss) amount ($841,000)
Number of returns with net capital gain (less loss) 70
Net capital gain (less loss) amount $52,000
Number of returns with taxable individual retirement arrangements distributions 130
Taxable individual retirement arrangements distributions amount $930,000
Number of returns with taxable pensions and annuities 790
Taxable pensions and annuities amount $9,546,000
Number of farm returns 0
Number of returns with unemployment compensation 210
Unemployment compensation amount [4] $1,010,000
Number of returns with taxable Social Security benefits 370
Taxable Social Security benefits amount $1,895,000
Number of returns with partnership/S-corp net income (less loss) 0
Partnership/S-corp net income (less loss) amount $0
Number of returns with total statutory adjustments 560
Total statutory adjustments amount $950,000
Number of returns with educator expenses 70
Educator expenses amount $16,000
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 $245,000
Number of returns with IRA payments 50
IRA payments amount $155,000
Number of returns with student loan interest deduction 250
Student loan interest deduction amount $215,000
Number of returns with tuition and fees deduction 40
Tuition and fees deduction amount $125,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,240
Total itemized deductions amount $18,477,000
Amount of AGI for itemized returns $45,846,000
Number of returns with State and local income taxes 80
State and local income taxes amount $120,000
Number of returns with State and local general sales tax 970
State and local general sales tax amount $1,460,000
Number of returns with real estate taxes 840
Real estate taxes amount $1,188,000
Number of returns with taxes paid 1,200
Taxes paid amount $3,154,000
Number of returns with mortgage interest paid 830
Mortgage interest paid amount $3,527,000
Number of returns with contributions 1,140
Contributions amount $5,141,000
Number of returns with taxable income 5,060
Taxable income amount $77,824,000
Number of returns with income tax before credits 5,050
Income tax before credits amount $9,360,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 3,070
Total tax credits amount $2,617,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 510
Child and dependent care credit amount $327,000
Number of returns with nonrefundable education credit 660
Nonrefundable education credit amount $727,000
Number of returns with retirement savings contribution credit 760
Retirement savings contribution credit amount $126,000
Number of returns with child tax credit 1,900
Child tax credit amount $1,396,000
Number of returns with residential energy tax credit 130
Residential energy tax credit amount $40,000
Number of returns with self-employment tax 180
Self-employment tax amount $440,000
Number of returns with total tax payments 5,350
Total tax payments amount $23,425,000
Number of returns with earned income credit 1,770
Earned income credit amount [5] $3,494,000
Number of returns with excess earned income credit 1,540
Excess earned income credit (refundable) amount [6] $3,066,000
Number of returns with additional child tax credit 2,030
Additional child tax credit amount $4,247,000
Number of returns with refundable education credit 620
Refundable education credit amount $594,000
Number of returns with income tax 3,180
Income tax amount [7] $6,743,000
Number of returns with tax liability 3,340
Total tax liability amount [8] $7,306,000
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 530
Tax due at time of filing amount [9] $852,000
Number of returns with overpayments refunded 4,860
Overpayments refunded amount [10] $17,103,000

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

Number of returns [1] 1,170
Number of single returns 360
Number of joint returns 370
Number of head of household returns 390
Number of returns with paid preparer's signature 630
Number of exemptions 2,580
Number of dependents 1,040
Adjust gross income (AGI) [2] $70,197,000
Number of returns with total income 1,170
Salaries and wages amount $70,548,000
Number of returns with salaries and wages 1,090
Salaries and wages amount $59,697
Number of returns with taxable interest 200
Taxable interest amount $267
Number of returns with ordinary dividends 90
Ordinary dividends amount $257,000
Number of returns with qualified dividends 70
Qualified dividends amount [3] $138
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) 130
Business or professional net income (less loss) amount $494,000
Number of returns with net capital gain (less loss) 70
Net capital gain (less loss) amount $205,000
Number of returns with taxable individual retirement arrangements distributions 70
Taxable individual retirement arrangements distributions amount $880,000
Number of returns with taxable pensions and annuities 320
Taxable pensions and annuities amount $5,608,000
Number of farm returns 0
Number of returns with unemployment compensation 40
Unemployment compensation amount [4] $202,000
Number of returns with taxable Social Security benefits 180
Taxable Social Security benefits amount $2,320,000
Number of returns with partnership/S-corp net income (less loss) 20
Partnership/S-corp net income (less loss) amount $107,000
Number of returns with total statutory adjustments 200
Total statutory adjustments amount $351,000
Number of returns with educator expenses 40
Educator expenses amount $10,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 0
Self-employment health insurance deduction amount $0
Number of returns with IRA payments 20
IRA payments amount $52,000
Number of returns with student loan interest deduction 70
Student loan interest deduction amount $63,000
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 550
Total itemized deductions amount $9,880,000
Amount of AGI for itemized returns $33,504,000
Number of returns with State and local income taxes 50
State and local income taxes amount $103,000
Number of returns with State and local general sales tax 480
State and local general sales tax amount $908,000
Number of returns with real estate taxes 450
Real estate taxes amount $669,000
Number of returns with taxes paid 550
Taxes paid amount $1,773,000
Number of returns with mortgage interest paid 420
Mortgage interest paid amount $1,825,000
Number of returns with contributions 530
Contributions amount $3,373,000
Number of returns with taxable income 1,160
Taxable income amount $44,361,000
Number of returns with income tax before credits 1,160
Income tax before credits amount $6,200,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 490
Total tax credits amount $729,000
Number of returns with foreign tax credit 0
Foreign tax credit amount $0
Number of returns with child and dependent care credit 90
Child and dependent care credit amount $60,000
Number of returns with nonrefundable education credit 140
Nonrefundable education credit amount $208,000
Number of returns with retirement savings contribution credit 40
Retirement savings contribution credit amount $6,000
Number of returns with child tax credit 310
Child tax credit amount $433,000
Number of returns with residential energy tax credit 60
Residential energy tax credit amount $19,000
Number of returns with self-employment tax 70
Self-employment tax amount $165,000
Number of returns with total tax payments 1,150
Total tax payments amount $8,014,000
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 60
Additional child tax credit amount $108,000
Number of returns with refundable education credit 110
Refundable education credit amount $122,000
Number of returns with income tax 1,100
Income tax amount [7] $5,472,000
Number of returns with tax liability 1,110
Total tax liability amount [8] $5,711,000
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 230
Tax due at time of filing amount [9] $508,000
Number of returns with overpayments refunded 930
Overpayments refunded amount [10] $2,793,000

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

Number of returns [1] 350
Number of single returns 80
Number of joint returns 210
Number of head of household returns 50
Number of returns with paid preparer's signature 190
Number of exemptions 790
Number of dependents 230
Adjust gross income (AGI) [2] $30,214,000
Number of returns with total income 350
Salaries and wages amount $30,348,000
Number of returns with salaries and wages 320
Salaries and wages amount $24,625
Number of returns with taxable interest 90
Taxable interest amount $52
Number of returns with ordinary dividends 40
Ordinary dividends amount $93,000
Number of returns with qualified dividends 40
Qualified dividends amount [3] $83
Number of returns with state and local income tax refunds 30
State and local income tax refunds amount $27
Number of returns with business or professional net income (less loss) 60
Business or professional net income (less loss) amount $352,000
Number of returns with net capital gain (less loss) 20
Net capital gain (less loss) amount $44,000
Number of returns with taxable individual retirement arrangements distributions 40
Taxable individual retirement arrangements distributions amount $432,000
Number of returns with taxable pensions and annuities 130
Taxable pensions and annuities amount $3,250,000
Number of farm returns 0
Number of returns with unemployment compensation 30
Unemployment compensation amount [4] $123,000
Number of returns with taxable Social Security benefits 70
Taxable Social Security benefits amount $1,263,000
Number of returns with partnership/S-corp net income (less loss) 0
Partnership/S-corp net income (less loss) amount $0
Number of returns with total statutory adjustments 70
Total statutory adjustments amount $135,000
Number of returns with educator expenses 30
Educator expenses amount $9,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 0
Self-employment health insurance deduction amount $0
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 40
Student loan interest deduction amount $40,000
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 190
Total itemized deductions amount $3,982,000
Amount of AGI for itemized returns $16,428,000
Number of returns with State and local income taxes 0
State and local income taxes amount $0
Number of returns with State and local general sales tax 160
State and local general sales tax amount $387,000
Number of returns with real estate taxes 170
Real estate taxes amount $282,000
Number of returns with taxes paid 190
Taxes paid amount $749,000
Number of returns with mortgage interest paid 150
Mortgage interest paid amount $690,000
Number of returns with contributions 180
Contributions amount $1,484,000
Number of returns with taxable income 350
Taxable income amount $21,402,000
Number of returns with income tax before credits 350
Income tax before credits amount $3,298,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 110
Total tax credits amount $180,000
Number of returns with foreign tax credit 20
Foreign tax credit amount $280,000
Number of returns with child and dependent care credit 30
Child and dependent care credit amount $14,000
Number of returns with nonrefundable education credit 40
Nonrefundable education credit amount $59,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 80
Child tax credit amount $109,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $12,000
Number of returns with self-employment tax 30
Self-employment tax amount $83,000
Number of returns with total tax payments 350
Total tax payments amount $3,805,000
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 30
Refundable education credit amount $32,000
Number of returns with income tax 350
Income tax amount [7] $3,118,000
Number of returns with tax liability 350
Total tax liability amount [8] $3,266,000
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 90
Tax due at time of filing amount [9] $329,000
Number of returns with overpayments refunded 250
Overpayments refunded amount [10] $860,000

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

Number of returns [1] 210
Number of single returns 50
Number of joint returns 150
Number of head of household returns 20
Number of returns with paid preparer's signature 120
Number of exemptions 510
Number of dependents 150
Adjust gross income (AGI) [2] $27,170,000
Number of returns with total income 210
Salaries and wages amount $27,577,000
Number of returns with salaries and wages 200
Salaries and wages amount $22,299
Number of returns with taxable interest 80
Taxable interest amount $57
Number of returns with ordinary dividends 40
Ordinary dividends amount $101,000
Number of returns with qualified dividends 40
Qualified dividends amount [3] $72
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) 50
Business or professional net income (less loss) amount $799,000
Number of returns with net capital gain (less loss) 40
Net capital gain (less loss) amount $85,000
Number of returns with taxable individual retirement arrangements distributions 30
Taxable individual retirement arrangements distributions amount $729,000
Number of returns with taxable pensions and annuities 110
Taxable pensions and annuities amount $3,914,000
Number of farm returns 0
Number of returns with unemployment compensation 0
Unemployment compensation amount [4] $0
Number of returns with taxable Social Security benefits 60
Taxable Social Security benefits amount $1,074,000
Number of returns with partnership/S-corp net income (less loss) 20
Partnership/S-corp net income (less loss) amount $1,458,000
Number of returns with total statutory adjustments 60
Total statutory adjustments amount $407,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 0
Self-employment health insurance deduction amount $0
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 130
Total itemized deductions amount $3,166,000
Amount of AGI for itemized returns $16,111,000
Number of returns with State and local income taxes 20
State and local income taxes amount $212,000
Number of returns with State and local general sales tax 110
State and local general sales tax amount $303,000
Number of returns with real estate taxes 120
Real estate taxes amount $236,000
Number of returns with taxes paid 120
Taxes paid amount $621,000
Number of returns with mortgage interest paid 100
Mortgage interest paid amount $518,000
Number of returns with contributions 120
Contributions amount $1,270,000
Number of returns with taxable income 210
Taxable income amount $21,097,000
Number of returns with income tax before credits 210
Income tax before credits amount $3,993,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 70
Total tax credits amount $344,000
Number of returns with foreign tax credit 0
Foreign tax credit amount $0
Number of returns with child and dependent care credit 0
Child and dependent care credit amount $0
Number of returns with nonrefundable education credit 20
Nonrefundable education credit amount $34,000
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 30
Self-employment tax amount $196,000
Number of returns with total tax payments 210
Total tax payments amount $3,758,000
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 20
Refundable education credit amount $22,000
Number of returns with income tax 210
Income tax amount [7] $3,649,000
Number of returns with tax liability 210
Total tax liability amount [8] $3,845,000
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 100
Tax due at time of filing amount [9] $553,000
Number of returns with overpayments refunded 130
Overpayments refunded amount [10] $546,000

Adjusted Gross Income: $200,000 or more

Number of returns [1] 60
Number of single returns 0
Number of joint returns 50
Number of head of household returns 0
Number of returns with paid preparer's signature 60
Number of exemptions 170
Number of dependents 60
Adjust gross income (AGI) [2] $23,331,000
Number of returns with total income 60
Salaries and wages amount $23,608,000
Number of returns with salaries and wages 60
Salaries and wages amount $18,988
Number of returns with taxable interest 50
Taxable interest amount $34
Number of returns with ordinary dividends 50
Ordinary dividends amount $176,000
Number of returns with qualified dividends 40
Qualified dividends amount [3] $155
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) 0
Business or professional net income (less loss) amount $0
Number of returns with net capital gain (less loss) 40
Net capital gain (less loss) amount $776,000
Number of returns with taxable individual retirement arrangements distributions 0
Taxable individual retirement arrangements distributions amount $0
Number of returns with taxable pensions and annuities 0
Taxable pensions and annuities amount $0
Number of farm returns 0
Number of returns with unemployment compensation 0
Unemployment compensation amount [4] $0
Number of returns with taxable Social Security benefits 0
Taxable Social Security benefits amount $0
Number of returns with partnership/S-corp net income (less loss) 0
Partnership/S-corp net income (less loss) amount $0
Number of returns with total statutory adjustments 20
Total statutory adjustments amount $278,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 0
Self-employment health insurance deduction amount $0
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 40
Total itemized deductions amount $1,410,000
Amount of AGI for itemized returns $16,228,000
Number of returns with State and local income taxes 0
State and local income taxes amount $0
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 30
Real estate taxes amount $149,000
Number of returns with taxes paid 40
Taxes paid amount $467,000
Number of returns with mortgage interest paid 30
Mortgage interest paid amount $300,000
Number of returns with contributions 30
Contributions amount $452,000
Number of returns with taxable income 60
Taxable income amount $20,457,000
Number of returns with income tax before credits 60
Income tax before credits amount $5,343,000
Number of returns with alternative minimum tax 30
Alternative minimum tax amount $51,000
Number of returns with total tax credits 50
Total tax credits amount $2,601,000
Number of returns with foreign tax credit 50
Foreign tax credit amount $2,600,000
Number of returns with child and dependent care credit 0
Child and dependent care credit amount $0
Number of returns with nonrefundable education credit 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 0
Self-employment tax amount $0
Number of returns with total tax payments 60
Total tax payments amount $1,585,000
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 60
Income tax amount [7] $2,741,000
Number of returns with tax liability 60
Total tax liability amount [8] $3,008,000
Number of returns with Additional Medicare tax 60
Additional Medicare tax $72,000
Number of returns with net investment income tax 40
Net investment income tax $72,000
Number of returns with tax due at time of filing 40
Tax due at time of filing amount [9] $727,000
Number of returns with overpayments refunded 0
Overpayments refunded amount [10] $0

[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.