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ZIP Code Database - Facts & Stats

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ZIP Code 42431 Income Tax Stats

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

ZIP Code 42431 Data

Zip Code:42431
City:Madisonville
State:KY [Kentucky]
Counties: HOPKINS, KY
City Alias(es):Madisonville
Area Code:270 / 364
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]


42431 Income Tax Overview

Total Number of Tax Returns for ZIP Code 42431 [1] 11,050
Total Number of Single Tax Returns for ZIP Code 42431 4,310
Total Number of Joint Tax Returns for ZIP Code 42431 4,520
Total Number of Dependents for ZIP Code 42431 6,870
Total Adjusted Gross Income for ZIP Code 42431 $614,637,000
Average Income per Person for ZIP Code 42431 $22,835
Average Income per Household for ZIP Code 42431 $55,623

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 4,350
Number of single returns 2,800
Number of joint returns 670
Number of head of household returns 810
Number of returns with paid preparer's signature 2,390
Number of exemptions 6,480
Number of dependents 2,110
Total number of volunteer prepared returns [5] 120
Number of volunteer income tax assistance (VITA) prepared returns [3] 20
Number of tax counseling for the elderly (TCE) prepared returns [3] 100
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 910
Number of elderly returns [4] 920
Adjust gross income (AGI) [5] $53,206,000
Number of returns with total income 4,350
Salaries and wages amount $53,883,000
Number of returns with salaries and wages 3,500
Salaries and wages amount $40,820
Number of returns with taxable interest 440
Taxable interest amount $248
Number of returns with ordinary dividends 280
Ordinary dividends amount $445,000
Number of returns with qualified dividends 270
Qualified dividends amount [6] $284
Number of returns with state and local income tax refunds 40
State and local income tax refunds amount $22
Number of returns with business or professional net income (less loss) 480
Business or professional net income (less loss) amount $2,957,000
Number of returns with net capital gain (less loss) 240
Net capital gain (less loss) amount $410,000
Number of returns with taxable individual retirement arrangements distributions 250
Taxable individual retirement arrangements distributions amount $1,576,000
Number of returns with taxable pensions and annuities 690
Taxable pensions and annuities amount $6,188,000
Number of farm returns 20
Number of returns with unemployment compensation 100
Unemployment compensation amount [7] $340,000
Number of returns with taxable Social Security benefits 260
Taxable Social Security benefits amount $452,000
Number of returns with partnership/S-corp net income (less loss) 40
Partnership/S-corp net income (less loss) amount $204,000
Number of returns with total statutory adjustments 570
Total statutory adjustments amount $677,000
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 40
Self-employment health insurance deduction amount $129,000
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 $73,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $77,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 170
Total itemized deductions amount $3,015,000
Amount of AGI for itemized returns $2,569,000
Number of returns with State and local income taxes 60
State and local income taxes amount $72,000
Number of returns with State and local general sales tax 90
State and local general sales tax amount $56,000
Number of returns with real estate taxes 130
Real estate taxes amount $179,000
Number of returns with taxes paid 160
Taxes paid amount $400,000
Number of returns with mortgage interest paid 80
Mortgage interest paid amount $310,000
Number of returns with contributions 120
Contributions amount $423,000
Number of returns with taxable income 1,720
Taxable income amount $9,502,000
Number of returns with income tax before credits 1,710
Income tax before credits amount $996,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 420
Total tax credits amount $127,000
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 80
Nonrefundable education credit amount $39,000
Number of returns with retirement savings contribution credit 200
Retirement savings contribution credit amount $32,000
Number of returns with child tax credit 140
Child tax credit amount $48,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 410
Self-employment tax amount $519,000
Number of returns with total tax payments 4,060
Total tax payments amount $9,614,000
Number of returns with earned income credit 1,780
Earned income credit amount [8] $4,488,000
Number of returns with excess earned income credit 1,620
Excess earned income credit (refundable) amount [9] $4,122,000
Number of returns with additional child tax credit 1,000
Additional child tax credit amount $1,173,000
Number of returns with refundable education credit 130
Refundable education credit amount $100,000
Number of returns with income tax 1,450
Income tax amount [10] $868,000
Number of returns with tax liability 1,880
Total tax liability amount [11] $1,487,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 270
Tax due at time of filing amount [12] $202,000
Number of returns with overpayments refunded 3,870
Overpayments refunded amount [13] $8,302,000
Number of returns with credit to next year’s estimated tax 30
Credited to next year’s estimated tax amount $14,000

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

Number of returns 2,640
Number of single returns 1,200
Number of joint returns 840
Number of head of household returns 520
Number of returns with paid preparer's signature 1,650
Number of exemptions 5,130
Number of dependents 1,650
Total number of volunteer prepared returns [5] 30
Number of volunteer income tax assistance (VITA) prepared returns [3] 0
Number of tax counseling for the elderly (TCE) prepared returns [3] 30
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 480
Number of elderly returns [4] 700
Adjust gross income (AGI) [5] $95,078,000
Number of returns with total income 2,640
Salaries and wages amount $95,878,000
Number of returns with salaries and wages 2,280
Salaries and wages amount $75,869
Number of returns with taxable interest 420
Taxable interest amount $400
Number of returns with ordinary dividends 300
Ordinary dividends amount $738,000
Number of returns with qualified dividends 280
Qualified dividends amount [6] $517
Number of returns with state and local income tax refunds 190
State and local income tax refunds amount $88
Number of returns with business or professional net income (less loss) 270
Business or professional net income (less loss) amount $1,815,000
Number of returns with net capital gain (less loss) 250
Net capital gain (less loss) amount $706,000
Number of returns with taxable individual retirement arrangements distributions 250
Taxable individual retirement arrangements distributions amount $2,554,000
Number of returns with taxable pensions and annuities 590
Taxable pensions and annuities amount $9,256,000
Number of farm returns 20
Number of returns with unemployment compensation 70
Unemployment compensation amount [7] $274,000
Number of returns with taxable Social Security benefits 560
Taxable Social Security benefits amount $3,696,000
Number of returns with partnership/S-corp net income (less loss) 40
Partnership/S-corp net income (less loss) amount $192,000
Number of returns with total statutory adjustments 480
Total statutory adjustments amount $800,000
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 30
Self-employment health insurance deduction amount $141,000
Number of returns with IRA payments 50
IRA payments amount $168,000
Number of returns with student loan interest deduction 200
Student loan interest deduction amount $176,000
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 360
Total itemized deductions amount $5,092,000
Amount of AGI for itemized returns $13,811,000
Number of returns with State and local income taxes 280
State and local income taxes amount $741,000
Number of returns with State and local general sales tax 70
State and local general sales tax amount $57,000
Number of returns with real estate taxes 280
Real estate taxes amount $377,000
Number of returns with taxes paid 360
Taxes paid amount $1,276,000
Number of returns with mortgage interest paid 220
Mortgage interest paid amount $801,000
Number of returns with contributions 270
Contributions amount $1,104,000
Number of returns with taxable income 2,560
Taxable income amount $48,385,000
Number of returns with income tax before credits 2,540
Income tax before credits amount $5,876,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 1,090
Total tax credits amount $862,000
Number of returns with foreign tax credit 70
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $36,000
Number of returns with nonrefundable education credit 150
Nonrefundable education credit amount $138,000
Number of returns with retirement savings contribution credit 470
Retirement savings contribution credit amount $89,000
Number of returns with child tax credit 640
Child tax credit amount $599,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 190
Self-employment tax amount $440,000
Number of returns with total tax payments 2,600
Total tax payments amount $11,444,000
Number of returns with earned income credit 670
Earned income credit amount [8] $1,448,000
Number of returns with excess earned income credit 550
Excess earned income credit (refundable) amount [9] $1,217,000
Number of returns with additional child tax credit 470
Additional child tax credit amount $613,000
Number of returns with refundable education credit 110
Refundable education credit amount $83,000
Number of returns with income tax 2,100
Income tax amount [10] $5,014,000
Number of returns with tax liability 2,220
Total tax liability amount [11] $5,585,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 330
Tax due at time of filing amount [12] $452,000
Number of returns with overpayments refunded 2,270
Overpayments refunded amount [13] $6,217,000
Number of returns with credit to next year’s estimated tax 40
Credited to next year’s estimated tax amount $71,000

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

Number of returns 1,560
Number of single returns 460
Number of joint returns 900
Number of head of household returns 170
Number of returns with paid preparer's signature 1,060
Number of exemptions 3,570
Number of dependents 1,120
Total number of volunteer prepared returns [5] 30
Number of volunteer income tax assistance (VITA) prepared returns [3] 0
Number of tax counseling for the elderly (TCE) prepared returns [3] 30
Number of volunteer prepared returns with Earned Income Credit 0
Number of refund anticipation check returns [3] 190
Number of elderly returns [4] 460
Adjust gross income (AGI) [5] $96,458,000
Number of returns with total income 1,560
Salaries and wages amount $97,337,000
Number of returns with salaries and wages 1,350
Salaries and wages amount $73,535
Number of returns with taxable interest 350
Taxable interest amount $284
Number of returns with ordinary dividends 240
Ordinary dividends amount $654,000
Number of returns with qualified dividends 220
Qualified dividends amount [6] $493
Number of returns with state and local income tax refunds 250
State and local income tax refunds amount $156
Number of returns with business or professional net income (less loss) 190
Business or professional net income (less loss) amount $1,338,000
Number of returns with net capital gain (less loss) 220
Net capital gain (less loss) amount $1,375,000
Number of returns with taxable individual retirement arrangements distributions 200
Taxable individual retirement arrangements distributions amount $2,586,000
Number of returns with taxable pensions and annuities 460
Taxable pensions and annuities amount $10,791,000
Number of farm returns 30
Number of returns with unemployment compensation 60
Unemployment compensation amount [7] $229,000
Number of returns with taxable Social Security benefits 360
Taxable Social Security benefits amount $5,155,000
Number of returns with partnership/S-corp net income (less loss) 40
Partnership/S-corp net income (less loss) amount $336,000
Number of returns with total statutory adjustments 400
Total statutory adjustments amount $879,000
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 40
Self-employment health insurance deduction amount $180,000
Number of returns with IRA payments 30
IRA payments amount $133,000
Number of returns with student loan interest deduction 180
Student loan interest deduction amount $153,000
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 410
Total itemized deductions amount $6,381,000
Amount of AGI for itemized returns $25,564,000
Number of returns with State and local income taxes 340
State and local income taxes amount $1,306,000
Number of returns with State and local general sales tax 60
State and local general sales tax amount $63,000
Number of returns with real estate taxes 360
Real estate taxes amount $517,000
Number of returns with taxes paid 410
Taxes paid amount $2,002,000
Number of returns with mortgage interest paid 300
Mortgage interest paid amount $1,248,000
Number of returns with contributions 320
Contributions amount $1,481,000
Number of returns with taxable income 1,560
Taxable income amount $62,900,000
Number of returns with income tax before credits 1,550
Income tax before credits amount $8,590,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 720
Total tax credits amount $985,000
Number of returns with foreign tax credit 60
Foreign tax credit amount $3,000
Number of returns with child and dependent care credit 80
Child and dependent care credit amount $40,000
Number of returns with nonrefundable education credit 120
Nonrefundable education credit amount $136,000
Number of returns with retirement savings contribution credit 170
Retirement savings contribution credit amount $25,000
Number of returns with child tax credit 500
Child tax credit amount $776,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $9,000
Number of returns with self-employment tax 150
Self-employment tax amount $393,000
Number of returns with total tax payments 1,550
Total tax payments amount $10,906,000
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 70
Additional child tax credit amount $71,000
Number of returns with refundable education credit 80
Refundable education credit amount $64,000
Number of returns with income tax 1,490
Income tax amount [10] $7,605,000
Number of returns with tax liability 1,510
Total tax liability amount [11] $8,137,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 370
Tax due at time of filing amount [12] $746,000
Number of returns with overpayments refunded 1,150
Overpayments refunded amount [13] $3,302,000
Number of returns with credit to next year’s estimated tax 50
Credited to next year’s estimated tax amount $185,000

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

Number of returns 1,140
Number of single returns 170
Number of joint returns 910
Number of head of household returns 50
Number of returns with paid preparer's signature 810
Number of exemptions 2,980
Number of dependents 940
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] 110
Number of elderly returns [4] 340
Adjust gross income (AGI) [5] $98,676,000
Number of returns with total income 1,140
Salaries and wages amount $99,408,000
Number of returns with salaries and wages 1,010
Salaries and wages amount $76,522
Number of returns with taxable interest 340
Taxable interest amount $450
Number of returns with ordinary dividends 240
Ordinary dividends amount $1,072,000
Number of returns with qualified dividends 230
Qualified dividends amount [6] $794
Number of returns with state and local income tax refunds 350
State and local income tax refunds amount $274
Number of returns with business or professional net income (less loss) 170
Business or professional net income (less loss) amount $1,053,000
Number of returns with net capital gain (less loss) 230
Net capital gain (less loss) amount $1,595,000
Number of returns with taxable individual retirement arrangements distributions 170
Taxable individual retirement arrangements distributions amount $3,034,000
Number of returns with taxable pensions and annuities 350
Taxable pensions and annuities amount $8,939,000
Number of farm returns 30
Number of returns with unemployment compensation 50
Unemployment compensation amount [7] $193,000
Number of returns with taxable Social Security benefits 280
Taxable Social Security benefits amount $5,171,000
Number of returns with partnership/S-corp net income (less loss) 70
Partnership/S-corp net income (less loss) amount $589,000
Number of returns with total statutory adjustments 340
Total statutory adjustments amount $732,000
Number of returns with educator expenses 70
Educator expenses amount $19,000
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 20
Self-employment health insurance deduction amount $125,000
Number of returns with IRA payments 30
IRA payments amount $158,000
Number of returns with student loan interest deduction 140
Student loan interest deduction amount $146,000
Number of returns with tuition and fees deduction 20
Tuition and fees deduction amount $41,000
Returns with domestic production activities deduction 30
Domestic production activities deduction amount $54,000
Number of returns with itemized deductions 520
Total itemized deductions amount $8,821,000
Amount of AGI for itemized returns $45,196,000
Number of returns with State and local income taxes 470
State and local income taxes amount $2,465,000
Number of returns with State and local general sales tax 40
State and local general sales tax amount $60,000
Number of returns with real estate taxes 470
Real estate taxes amount $777,000
Number of returns with taxes paid 520
Taxes paid amount $3,517,000
Number of returns with mortgage interest paid 420
Mortgage interest paid amount $1,966,000
Number of returns with contributions 420
Contributions amount $1,978,000
Number of returns with taxable income 1,140
Taxable income amount $70,099,000
Number of returns with income tax before credits 1,140
Income tax before credits amount $9,919,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 540
Total tax credits amount $866,000
Number of returns with foreign tax credit 60
Foreign tax credit amount $8,000
Number of returns with child and dependent care credit 80
Child and dependent care credit amount $45,000
Number of returns with nonrefundable education credit 130
Nonrefundable education credit amount $124,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 410
Child tax credit amount $670,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 120
Self-employment tax amount $324,000
Number of returns with total tax payments 1,130
Total tax payments amount $11,890,000
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 80
Refundable education credit amount $56,000
Number of returns with income tax 1,130
Income tax amount [10] $9,053,000
Number of returns with tax liability 1,130
Total tax liability amount [11] $9,491,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 260
Tax due at time of filing amount [12] $694,000
Number of returns with overpayments refunded 840
Overpayments refunded amount [13] $2,951,000
Number of returns with credit to next year’s estimated tax 40
Credited to next year’s estimated tax amount $138,000

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

Number of returns 1,090
Number of single returns 100
Number of joint returns 960
Number of head of household returns 30
Number of returns with paid preparer's signature 790
Number of exemptions 2,910
Number of dependents 860
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] 60
Number of elderly returns [4] 380
Adjust gross income (AGI) [5] $142,094,000
Number of returns with total income 1,090
Salaries and wages amount $143,606,000
Number of returns with salaries and wages 950
Salaries and wages amount $102,141
Number of returns with taxable interest 470
Taxable interest amount $902
Number of returns with ordinary dividends 300
Ordinary dividends amount $1,961,000
Number of returns with qualified dividends 280
Qualified dividends amount [6] $1,530
Number of returns with state and local income tax refunds 570
State and local income tax refunds amount $479
Number of returns with business or professional net income (less loss) 220
Business or professional net income (less loss) amount $3,272,000
Number of returns with net capital gain (less loss) 300
Net capital gain (less loss) amount $3,951,000
Number of returns with taxable individual retirement arrangements distributions 210
Taxable individual retirement arrangements distributions amount $5,977,000
Number of returns with taxable pensions and annuities 410
Taxable pensions and annuities amount $14,584,000
Number of farm returns 50
Number of returns with unemployment compensation 0
Unemployment compensation amount [7] $0
Number of returns with taxable Social Security benefits 270
Taxable Social Security benefits amount $5,958,000
Number of returns with partnership/S-corp net income (less loss) 120
Partnership/S-corp net income (less loss) amount $2,783,000
Number of returns with total statutory adjustments 390
Total statutory adjustments amount $1,512,000
Number of returns with educator expenses 70
Educator expenses amount $18,000
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 $431,000
Number of returns with IRA payments 40
IRA payments amount $233,000
Number of returns with student loan interest deduction 150
Student loan interest deduction amount $157,000
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 800
Total itemized deductions amount $18,066,000
Amount of AGI for itemized returns $106,232,000
Number of returns with State and local income taxes 760
State and local income taxes amount $6,055,000
Number of returns with State and local general sales tax 50
State and local general sales tax amount $91,000
Number of returns with real estate taxes 770
Real estate taxes amount $1,602,000
Number of returns with taxes paid 800
Taxes paid amount $8,116,000
Number of returns with mortgage interest paid 660
Mortgage interest paid amount $3,510,000
Number of returns with contributions 700
Contributions amount $4,102,000
Number of returns with taxable income 1,090
Taxable income amount $108,657,000
Number of returns with income tax before credits 1,090
Income tax before credits amount $17,945,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 470
Total tax credits amount $661,000
Number of returns with foreign tax credit 100
Foreign tax credit amount $17,000
Number of returns with child and dependent care credit 80
Child and dependent care credit amount $43,000
Number of returns with nonrefundable education credit 130
Nonrefundable education credit amount $160,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 250
Child tax credit amount $342,000
Number of returns with residential energy tax credit 20
Residential energy tax credit amount $21,000
Number of returns with self-employment tax 150
Self-employment tax amount $676,000
Number of returns with total tax payments 1,090
Total tax payments amount $19,980,000
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 100
Refundable education credit amount $95,000
Number of returns with income tax 1,090
Income tax amount [10] $17,283,000
Number of returns with tax liability 1,090
Total tax liability amount [11] $18,205,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 360
Tax due at time of filing amount [12] $1,554,000
Number of returns with overpayments refunded 670
Overpayments refunded amount [13] $2,924,000
Number of returns with credit to next year’s estimated tax 80
Credited to next year’s estimated tax amount $391,000

Adjusted Gross Income: $200,000 or more

Number of returns 270
Number of single returns 30
Number of joint returns 240
Number of head of household returns 0
Number of returns with paid preparer's signature 240
Number of exemptions 690
Number of dependents 190
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] 130
Adjust gross income (AGI) [5] $129,125,000
Number of returns with total income 270
Salaries and wages amount $132,825,000
Number of returns with salaries and wages 220
Salaries and wages amount $45,749
Number of returns with taxable interest 200
Taxable interest amount $1,532
Number of returns with ordinary dividends 180
Ordinary dividends amount $6,180,000
Number of returns with qualified dividends 170
Qualified dividends amount [6] $4,951
Number of returns with state and local income tax refunds 120
State and local income tax refunds amount $472
Number of returns with business or professional net income (less loss) 80
Business or professional net income (less loss) amount $4,959,000
Number of returns with net capital gain (less loss) 180
Net capital gain (less loss) amount $22,131,000
Number of returns with taxable individual retirement arrangements distributions 80
Taxable individual retirement arrangements distributions amount $5,105,000
Number of returns with taxable pensions and annuities 90
Taxable pensions and annuities amount $4,746,000
Number of farm returns 30
Number of returns with unemployment compensation 0
Unemployment compensation amount [7] $0
Number of returns with taxable Social Security benefits 90
Taxable Social Security benefits amount $2,387,000
Number of returns with partnership/S-corp net income (less loss) 130
Partnership/S-corp net income (less loss) amount $34,402,000
Number of returns with total statutory adjustments 140
Total statutory adjustments amount $3,700,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 30
Self-employment retirement plans amount $631,000
Number of returns with self-employment health insurance deduction 80
Self-employment health insurance deduction amount $977,000
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 30
Domestic production activities deduction amount $1,358,000
Number of returns with itemized deductions 260
Total itemized deductions amount $16,352,000
Amount of AGI for itemized returns $124,664,000
Number of returns with State and local income taxes 250
State and local income taxes amount $7,314,000
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 240
Real estate taxes amount $974,000
Number of returns with taxes paid 260
Taxes paid amount $8,528,000
Number of returns with mortgage interest paid 160
Mortgage interest paid amount $1,264,000
Number of returns with contributions 240
Contributions amount $4,131,000
Number of returns with taxable income 270
Taxable income amount $110,779,000
Number of returns with income tax before credits 270
Income tax before credits amount $29,229,000
Number of returns with alternative minimum tax 160
Alternative minimum tax amount $905,000
Number of returns with total tax credits 120
Total tax credits amount $170,000
Number of returns with foreign tax credit 110
Foreign tax credit amount $35,000
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 90
Self-employment tax amount $991,000
Number of returns with total tax payments 270
Total tax payments amount $27,612,000
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 270
Income tax amount [10] $28,847,000
Number of returns with tax liability 270
Total tax liability amount [11] $30,741,000
Number of returns with net investment income tax 150
Net investment income tax $598,000
Number of returns with tax due at time of filing 120
Tax due at time of filing amount [12] $6,087,000
Number of returns with overpayments refunded 80
Overpayments refunded amount [13] $1,399,000
Number of returns with credit to next year’s estimated tax 80
Credited to next year’s estimated tax amount $1,537,000

[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.