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ZIP Code Database - Facts & Stats

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ZIP Code 40514 Income Tax Stats

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

ZIP Code 40514 Data

Zip Code:40514
City:Lexington
State:KY [Kentucky]
Counties: FAYETTE, KY
City Alias(es):Lexington
Area Code:859
Time Zone: Eastern (GMT -05:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]





40514 Income Tax Overview

Total Number of Tax Returns for ZIP Code 40514 [1] 7,320
Total Number of Single Tax Returns for ZIP Code 40514 3,310
Total Number of Joint Tax Returns for ZIP Code 40514 3,450
Total Number of Dependents for ZIP Code 40514 4,820
Total Adjusted Gross Income for ZIP Code 40514 $464,982,000
Average Income per Person for ZIP Code 40514 $31,746
Average Income per Household for ZIP Code 40514 $63,522

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] 2,090
Number of single returns 1,690
Number of joint returns 190
Number of head of household returns 180
Number of returns with paid preparer's signature 860
Number of exemptions 2,020
Number of dependents 450
Adjust gross income (AGI) [2] $23,256,000
Number of returns with total income 2,090
Salaries and wages amount $23,863,000
Number of returns with salaries and wages 1,730
Salaries and wages amount $18,202
Number of returns with taxable interest 380
Taxable interest amount $172
Number of returns with ordinary dividends 230
Ordinary dividends amount $404,000
Number of returns with qualified dividends 210
Qualified dividends amount [3] $257
Number of returns with state and local income tax refunds 80
State and local income tax refunds amount $36
Number of returns with business or professional net income (less loss) 260
Business or professional net income (less loss) amount $1,599,000
Number of returns with net capital gain (less loss) 200
Net capital gain (less loss) amount $152,000
Number of returns with taxable individual retirement arrangements distributions 120
Taxable individual retirement arrangements distributions amount $791,000
Number of returns with taxable pensions and annuities 220
Taxable pensions and annuities amount $1,907,000
Number of farm returns 20
Number of returns with unemployment compensation 60
Unemployment compensation amount [4] $350,000
Number of returns with taxable Social Security benefits 90
Taxable Social Security benefits amount $152,000
Number of returns with partnership/S-corp net income (less loss) 50
Partnership/S-corp net income (less loss) amount $127,000
Number of returns with total statutory adjustments 360
Total statutory adjustments amount $607,000
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 50
Self-employment health insurance deduction amount $181,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 100
Student loan interest deduction amount $91,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $84,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 180
Total itemized deductions amount $2,614,000
Amount of AGI for itemized returns $2,753,000
Number of returns with State and local income taxes 90
State and local income taxes amount $123,000
Number of returns with State and local general sales tax 80
State and local general sales tax amount $47,000
Number of returns with real estate taxes 150
Real estate taxes amount $259,000
Number of returns with taxes paid 180
Taxes paid amount $538,000
Number of returns with mortgage interest paid 110
Mortgage interest paid amount $587,000
Number of returns with contributions 140
Contributions amount $276,000
Number of returns with taxable income 1,020
Taxable income amount $5,923,000
Number of returns with income tax before credits 990
Income tax before credits amount $617,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 240
Total tax credits amount $90,000
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 100
Nonrefundable education credit amount $57,000
Number of returns with retirement savings contribution credit 70
Retirement savings contribution credit amount $11,000
Number of returns with child tax credit 50
Child tax credit amount $17,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 220
Self-employment tax amount $283,000
Number of returns with total tax payments 1,920
Total tax payments amount $2,942,000
Number of returns with earned income credit 470
Earned income credit amount [5] $933,000
Number of returns with excess earned income credit 250
Excess earned income credit (refundable) amount [6] $295,000
Number of returns with additional child tax credit 220
Additional child tax credit amount $251,000
Number of returns with refundable education credit 130
Refundable education credit amount $111,000
Number of returns with income tax 850
Income tax amount [7] $527,000
Number of returns with tax liability 1,030
Total tax liability amount [8] $838,000
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 220
Tax due at time of filing amount [9] $158,000
Number of returns with overpayments refunded 1,750
Overpayments refunded amount [10] $2,266,000

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

Number of returns [1] 1,450
Number of single returns 750
Number of joint returns 420
Number of head of household returns 220
Number of returns with paid preparer's signature 720
Number of exemptions 2,610
Number of dependents 750
Adjust gross income (AGI) [2] $54,069,000
Number of returns with total income 1,450
Salaries and wages amount $55,019,000
Number of returns with salaries and wages 1,220
Salaries and wages amount $41,122
Number of returns with taxable interest 460
Taxable interest amount $291
Number of returns with ordinary dividends 280
Ordinary dividends amount $598,000
Number of returns with qualified dividends 260
Qualified dividends amount [3] $391
Number of returns with state and local income tax refunds 350
State and local income tax refunds amount $192
Number of returns with business or professional net income (less loss) 190
Business or professional net income (less loss) amount $1,807,000
Number of returns with net capital gain (less loss) 230
Net capital gain (less loss) amount $235,000
Number of returns with taxable individual retirement arrangements distributions 180
Taxable individual retirement arrangements distributions amount $1,643,000
Number of returns with taxable pensions and annuities 320
Taxable pensions and annuities amount $5,899,000
Number of farm returns 0
Number of returns with unemployment compensation 70
Unemployment compensation amount [4] $562,000
Number of returns with taxable Social Security benefits 260
Taxable Social Security benefits amount $1,673,000
Number of returns with partnership/S-corp net income (less loss) 60
Partnership/S-corp net income (less loss) amount $536,000
Number of returns with total statutory adjustments 460
Total statutory adjustments amount $950,000
Number of returns with educator expenses 70
Educator expenses amount $15,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 50
Self-employment health insurance deduction amount $204,000
Number of returns with IRA payments 50
IRA payments amount $183,000
Number of returns with student loan interest deduction 220
Student loan interest deduction amount $231,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $75,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 540
Total itemized deductions amount $7,491,000
Amount of AGI for itemized returns $21,104,000
Number of returns with State and local income taxes 440
State and local income taxes amount $1,209,000
Number of returns with State and local general sales tax 90
State and local general sales tax amount $73,000
Number of returns with real estate taxes 470
Real estate taxes amount $807,000
Number of returns with taxes paid 530
Taxes paid amount $2,189,000
Number of returns with mortgage interest paid 430
Mortgage interest paid amount $2,237,000
Number of returns with contributions 410
Contributions amount $979,000
Number of returns with taxable income 1,390
Taxable income amount $28,783,000
Number of returns with income tax before credits 1,380
Income tax before credits amount $3,528,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 580
Total tax credits amount $528,000
Number of returns with foreign tax credit 90
Foreign tax credit amount $6,000
Number of returns with child and dependent care credit 110
Child and dependent care credit amount $59,000
Number of returns with nonrefundable education credit 140
Nonrefundable education credit amount $146,000
Number of returns with retirement savings contribution credit 150
Retirement savings contribution credit amount $34,000
Number of returns with child tax credit 280
Child tax credit amount $267,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $12,000
Number of returns with self-employment tax 170
Self-employment tax amount $378,000
Number of returns with total tax payments 1,410
Total tax payments amount $5,936,000
Number of returns with earned income credit 270
Earned income credit amount [5] $501,000
Number of returns with excess earned income credit 220
Excess earned income credit (refundable) amount [6] $417,000
Number of returns with additional child tax credit 220
Additional child tax credit amount $298,000
Number of returns with refundable education credit 90
Refundable education credit amount $79,000
Number of returns with income tax 1,180
Income tax amount [7] $3,001,000
Number of returns with tax liability 1,250
Total tax liability amount [8] $3,427,000
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 220
Tax due at time of filing amount [9] $362,000
Number of returns with overpayments refunded 1,190
Overpayments refunded amount [10] $2,836,000

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

Number of returns [1] 1,190
Number of single returns 410
Number of joint returns 610
Number of head of household returns 140
Number of returns with paid preparer's signature 630
Number of exemptions 2,650
Number of dependents 850
Adjust gross income (AGI) [2] $73,557,000
Number of returns with total income 1,190
Salaries and wages amount $74,416,000
Number of returns with salaries and wages 1,060
Salaries and wages amount $58,972
Number of returns with taxable interest 440
Taxable interest amount $290
Number of returns with ordinary dividends 260
Ordinary dividends amount $550,000
Number of returns with qualified dividends 250
Qualified dividends amount [3] $420
Number of returns with state and local income tax refunds 580
State and local income tax refunds amount $359
Number of returns with business or professional net income (less loss) 210
Business or professional net income (less loss) amount $1,907,000
Number of returns with net capital gain (less loss) 220
Net capital gain (less loss) amount $348,000
Number of returns with taxable individual retirement arrangements distributions 140
Taxable individual retirement arrangements distributions amount $1,737,000
Number of returns with taxable pensions and annuities 270
Taxable pensions and annuities amount $6,383,000
Number of farm returns 0
Number of returns with unemployment compensation 50
Unemployment compensation amount [4] $379,000
Number of returns with taxable Social Security benefits 190
Taxable Social Security benefits amount $2,699,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $963,000
Number of returns with total statutory adjustments 430
Total statutory adjustments amount $859,000
Number of returns with educator expenses 70
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 50
Self-employment health insurance deduction amount $192,000
Number of returns with IRA payments 40
IRA payments amount $174,000
Number of returns with student loan interest deduction 200
Student loan interest deduction amount $191,000
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 740
Total itemized deductions amount $11,569,000
Amount of AGI for itemized returns $46,285,000
Number of returns with State and local income taxes 680
State and local income taxes amount $3,096,000
Number of returns with State and local general sales tax 50
State and local general sales tax amount $47,000
Number of returns with real estate taxes 690
Real estate taxes amount $1,279,000
Number of returns with taxes paid 740
Taxes paid amount $4,630,000
Number of returns with mortgage interest paid 670
Mortgage interest paid amount $3,767,000
Number of returns with contributions 610
Contributions amount $1,448,000
Number of returns with taxable income 1,180
Taxable income amount $46,969,000
Number of returns with income tax before credits 1,180
Income tax before credits amount $6,548,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 600
Total tax credits amount $851,000
Number of returns with foreign tax credit 70
Foreign tax credit amount $2,000
Number of returns with child and dependent care credit 110
Child and dependent care credit amount $54,000
Number of returns with nonrefundable education credit 130
Nonrefundable education credit amount $143,000
Number of returns with retirement savings contribution credit 50
Retirement savings contribution credit amount $10,000
Number of returns with child tax credit 410
Child tax credit amount $604,000
Number of returns with residential energy tax credit 70
Residential energy tax credit amount $16,000
Number of returns with self-employment tax 160
Self-employment tax amount $340,000
Number of returns with total tax payments 1,180
Total tax payments amount $7,956,000
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 50
Additional child tax credit amount $69,000
Number of returns with refundable education credit 80
Refundable education credit amount $70,000
Number of returns with income tax 1,140
Income tax amount [7] $5,697,000
Number of returns with tax liability 1,150
Total tax liability amount [8] $6,097,000
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 280
Tax due at time of filing amount [9] $608,000
Number of returns with overpayments refunded 880
Overpayments refunded amount [10] $2,418,000

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

Number of returns [1] 1,030
Number of single returns 130
Number of joint returns 830
Number of head of household returns 50
Number of returns with paid preparer's signature 500
Number of exemptions 2,860
Number of dependents 990
Adjust gross income (AGI) [2] $89,593,000
Number of returns with total income 1,030
Salaries and wages amount $90,429,000
Number of returns with salaries and wages 950
Salaries and wages amount $72,039
Number of returns with taxable interest 460
Taxable interest amount $259
Number of returns with ordinary dividends 280
Ordinary dividends amount $649,000
Number of returns with qualified dividends 260
Qualified dividends amount [3] $446
Number of returns with state and local income tax refunds 660
State and local income tax refunds amount $480
Number of returns with business or professional net income (less loss) 210
Business or professional net income (less loss) amount $1,887,000
Number of returns with net capital gain (less loss) 230
Net capital gain (less loss) amount $853,000
Number of returns with taxable individual retirement arrangements distributions 140
Taxable individual retirement arrangements distributions amount $1,930,000
Number of returns with taxable pensions and annuities 270
Taxable pensions and annuities amount $7,694,000
Number of farm returns 30
Number of returns with unemployment compensation 50
Unemployment compensation amount [4] $326,000
Number of returns with taxable Social Security benefits 160
Taxable Social Security benefits amount $2,958,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $1,292,000
Number of returns with total statutory adjustments 400
Total statutory adjustments amount $836,000
Number of returns with educator expenses 70
Educator expenses amount $20,000
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 $146,000
Number of returns with IRA payments 30
IRA payments amount $128,000
Number of returns with student loan interest deduction 180
Student loan interest deduction amount $203,000
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 770
Total itemized deductions amount $14,016,000
Amount of AGI for itemized returns $67,175,000
Number of returns with State and local income taxes 730
State and local income taxes amount $4,498,000
Number of returns with State and local general sales tax 30
State and local general sales tax amount $47,000
Number of returns with real estate taxes 740
Real estate taxes amount $1,516,000
Number of returns with taxes paid 770
Taxes paid amount $6,364,000
Number of returns with mortgage interest paid 700
Mortgage interest paid amount $4,245,000
Number of returns with contributions 670
Contributions amount $2,177,000
Number of returns with taxable income 1,030
Taxable income amount $61,302,000
Number of returns with income tax before credits 1,030
Income tax before credits amount $8,703,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 580
Total tax credits amount $1,046,000
Number of returns with foreign tax credit 70
Foreign tax credit amount $3,000
Number of returns with child and dependent care credit 160
Child and dependent care credit amount $92,000
Number of returns with nonrefundable education credit 150
Nonrefundable education credit amount $191,000
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 $746,000
Number of returns with residential energy tax credit 60
Residential energy tax credit amount $13,000
Number of returns with self-employment tax 170
Self-employment tax amount $382,000
Number of returns with total tax payments 1,030
Total tax payments amount $9,840,000
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 90
Refundable education credit amount $82,000
Number of returns with income tax 1,020
Income tax amount [7] $7,657,000
Number of returns with tax liability 1,020
Total tax liability amount [8] $8,113,000
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 270
Tax due at time of filing amount [9] $633,000
Number of returns with overpayments refunded 740
Overpayments refunded amount [10] $2,306,000

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

Number of returns [1] 1,410
Number of single returns 100
Number of joint returns 1,260
Number of head of household returns 50
Number of returns with paid preparer's signature 700
Number of exemptions 4,310
Number of dependents 1,640
Adjust gross income (AGI) [2] $184,175,000
Number of returns with total income 1,410
Salaries and wages amount $185,983,000
Number of returns with salaries and wages 1,340
Salaries and wages amount $150,529
Number of returns with taxable interest 780
Taxable interest amount $467
Number of returns with ordinary dividends 530
Ordinary dividends amount $1,376,000
Number of returns with qualified dividends 500
Qualified dividends amount [3] $957
Number of returns with state and local income tax refunds 1,040
State and local income tax refunds amount $934
Number of returns with business or professional net income (less loss) 280
Business or professional net income (less loss) amount $5,097,000
Number of returns with net capital gain (less loss) 420
Net capital gain (less loss) amount $2,175,000
Number of returns with taxable individual retirement arrangements distributions 180
Taxable individual retirement arrangements distributions amount $3,685,000
Number of returns with taxable pensions and annuities 340
Taxable pensions and annuities amount $11,839,000
Number of farm returns 0
Number of returns with unemployment compensation 70
Unemployment compensation amount [4] $501,000
Number of returns with taxable Social Security benefits 170
Taxable Social Security benefits amount $3,621,000
Number of returns with partnership/S-corp net income (less loss) 130
Partnership/S-corp net income (less loss) amount $4,661,000
Number of returns with total statutory adjustments 550
Total statutory adjustments amount $1,807,000
Number of returns with educator expenses 100
Educator expenses amount $25,000
Number of returns with self-employment retirement plans 30
Self-employment retirement plans amount $448,000
Number of returns with self-employment health insurance deduction 70
Self-employment health insurance deduction amount $521,000
Number of returns with IRA payments 50
IRA payments amount $221,000
Number of returns with student loan interest deduction 190
Student loan interest deduction amount $177,000
Number of returns with tuition and fees deduction 50
Tuition and fees deduction amount $114,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,270
Total itemized deductions amount $29,793,000
Amount of AGI for itemized returns $166,872,000
Number of returns with State and local income taxes 1,240
State and local income taxes amount $11,642,000
Number of returns with State and local general sales tax 20
State and local general sales tax amount $37,000
Number of returns with real estate taxes 1,220
Real estate taxes amount $2,957,000
Number of returns with taxes paid 1,270
Taxes paid amount $15,174,000
Number of returns with mortgage interest paid 1,130
Mortgage interest paid amount $7,187,000
Number of returns with contributions 1,170
Contributions amount $5,096,000
Number of returns with taxable income 1,410
Taxable income amount $135,732,000
Number of returns with income tax before credits 1,410
Income tax before credits amount $22,951,000
Number of returns with alternative minimum tax 30
Alternative minimum tax amount $66,000
Number of returns with total tax credits 790
Total tax credits amount $1,158,000
Number of returns with foreign tax credit 150
Foreign tax credit amount $65,000
Number of returns with child and dependent care credit 220
Child and dependent care credit amount $120,000
Number of returns with nonrefundable education credit 210
Nonrefundable education credit amount $311,000
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 $608,000
Number of returns with residential energy tax credit 110
Residential energy tax credit amount $26,000
Number of returns with self-employment tax 240
Self-employment tax amount $848,000
Number of returns with total tax payments 1,400
Total tax payments amount $24,316,000
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 200
Refundable education credit amount $195,000
Number of returns with income tax 1,410
Income tax amount [7] $21,793,000
Number of returns with tax liability 1,410
Total tax liability amount [8] $22,821,000
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 490
Tax due at time of filing amount [9] $1,929,000
Number of returns with overpayments refunded 870
Overpayments refunded amount [10] $3,220,000

Adjusted Gross Income: $200,000 or more

Number of returns [1] 150
Number of single returns 0
Number of joint returns 140
Number of head of household returns 0
Number of returns with paid preparer's signature 90
Number of exemptions 430
Number of dependents 140
Adjust gross income (AGI) [2] $40,332,000
Number of returns with total income 150
Salaries and wages amount $40,876,000
Number of returns with salaries and wages 140
Salaries and wages amount $28,821
Number of returns with taxable interest 120
Taxable interest amount $395
Number of returns with ordinary dividends 90
Ordinary dividends amount $1,491,000
Number of returns with qualified dividends 90
Qualified dividends amount [3] $1,209
Number of returns with state and local income tax refunds 90
State and local income tax refunds amount $120
Number of returns with business or professional net income (less loss) 30
Business or professional net income (less loss) amount $972,000
Number of returns with net capital gain (less loss) 90
Net capital gain (less loss) amount $3,005,000
Number of returns with taxable individual retirement arrangements distributions 30
Taxable individual retirement arrangements distributions amount $740,000
Number of returns with taxable pensions and annuities 40
Taxable pensions and annuities amount $2,051,000
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 20
Taxable Social Security benefits amount $461,000
Number of returns with partnership/S-corp net income (less loss) 50
Partnership/S-corp net income (less loss) amount $2,771,000
Number of returns with total statutory adjustments 50
Total statutory adjustments amount $544,000
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 140
Total itemized deductions amount $5,672,000
Amount of AGI for itemized returns $38,927,000
Number of returns with State and local income taxes 140
State and local income taxes amount $2,583,000
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 140
Real estate taxes amount $398,000
Number of returns with taxes paid 140
Taxes paid amount $3,074,000
Number of returns with mortgage interest paid 100
Mortgage interest paid amount $729,000
Number of returns with contributions 130
Contributions amount $1,507,000
Number of returns with taxable income 150
Taxable income amount $33,095,000
Number of returns with income tax before credits 150
Income tax before credits amount $7,518,000
Number of returns with alternative minimum tax 90
Alternative minimum tax amount $340,000
Number of returns with total tax credits 70
Total tax credits amount $31,000
Number of returns with foreign tax credit 50
Foreign tax credit amount $11,000
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 30
Self-employment tax amount $182,000
Number of returns with total tax payments 150
Total tax payments amount $7,309,000
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 150
Income tax amount [7] $7,356,000
Number of returns with tax liability 150
Total tax liability amount [8] $7,677,000
Number of returns with Additional Medicare tax 40
Additional Medicare tax $36,000
Number of returns with net investment income tax 60
Net investment income tax $36,000
Number of returns with tax due at time of filing 70
Tax due at time of filing amount [9] $877,000
Number of returns with overpayments refunded 70
Overpayments refunded amount [10] $329,000

[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.