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ZIP Code Database - Facts & Stats

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ZIP Code 55431 Income Tax Stats

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

ZIP Code 55431 Data

Zip Code:55431
City:Minneapolis
State:MN [Minnesota]
Counties: HENNEPIN, MN
City Alias(es):Minneapolis
Area Code:952
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]


55431 Income Tax Overview

Total Number of Tax Returns for ZIP Code 55431 [1] 10,770
Total Number of Single Tax Returns for ZIP Code 55431 3,660
Total Number of Joint Tax Returns for ZIP Code 55431 3,950
Total Number of Dependents for ZIP Code 55431 4,530
Total Adjusted Gross Income for ZIP Code 55431 $747,879,000
Average Income per Person for ZIP Code 55431 $40,568
Average Income per Household for ZIP Code 55431 $69,441

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 2,850
Number of single returns 2,340
Number of joint returns 250
Number of head of household returns 220
Number of returns with paid preparer's signature 1,270
Number of exemptions 2,920
Number of dependents 520
Total number of volunteer prepared returns [5] 180
Number of volunteer income tax assistance (VITA) prepared returns [3] 90
Number of tax counseling for the elderly (TCE) prepared returns [3] 90
Number of volunteer prepared returns with Earned Income Credit 40
Number of refund anticipation check returns [3] 250
Number of elderly returns [4] 790
Adjust gross income (AGI) [5] $33,769,000
Number of returns with total income 2,850
Salaries and wages amount $34,413,000
Number of returns with salaries and wages 2,050
Salaries and wages amount $24,973
Number of returns with taxable interest 560
Taxable interest amount $346
Number of returns with ordinary dividends 420
Ordinary dividends amount $775,000
Number of returns with qualified dividends 370
Qualified dividends amount [6] $476
Number of returns with state and local income tax refunds 60
State and local income tax refunds amount $36
Number of returns with business or professional net income (less loss) 370
Business or professional net income (less loss) amount $2,243,000
Number of returns with net capital gain (less loss) 360
Net capital gain (less loss) amount $320,000
Number of returns with taxable individual retirement arrangements distributions 340
Taxable individual retirement arrangements distributions amount $2,313,000
Number of returns with taxable pensions and annuities 480
Taxable pensions and annuities amount $3,629,000
Number of farm returns 0
Number of returns with unemployment compensation 50
Unemployment compensation amount [7] $178,000
Number of returns with taxable Social Security benefits 220
Taxable Social Security benefits amount $437,000
Number of returns with partnership/S-corp net income (less loss) 50
Partnership/S-corp net income (less loss) amount ($125,000)
Number of returns with total statutory adjustments 500
Total statutory adjustments amount $644,000
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 30
Self-employment health insurance deduction amount $123,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 170
Student loan interest deduction amount $158,000
Number of returns with tuition and fees deduction 20
Tuition and fees deduction amount $58,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 270
Total itemized deductions amount $4,524,000
Amount of AGI for itemized returns $3,956,000
Number of returns with State and local income taxes 100
State and local income taxes amount $112,000
Number of returns with State and local general sales tax 140
State and local general sales tax amount $89,000
Number of returns with real estate taxes 200
Real estate taxes amount $526,000
Number of returns with taxes paid 260
Taxes paid amount $759,000
Number of returns with mortgage interest paid 140
Mortgage interest paid amount $779,000
Number of returns with contributions 200
Contributions amount $464,000
Number of returns with taxable income 1,360
Taxable income amount $8,465,000
Number of returns with income tax before credits 1,310
Income tax before credits amount $872,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 360
Total tax credits amount $130,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 0
Child and dependent care credit amount $0
Number of returns with nonrefundable education credit 140
Nonrefundable education credit amount $82,000
Number of returns with retirement savings contribution credit 140
Retirement savings contribution credit amount $22,000
Number of returns with child tax credit 60
Child tax credit amount $18,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 320
Self-employment tax amount $379,000
Number of returns with total tax payments 2,380
Total tax payments amount $3,840,000
Number of returns with earned income credit 590
Earned income credit amount [8] $1,107,000
Number of returns with excess earned income credit 480
Excess earned income credit (refundable) amount [9] $959,000
Number of returns with additional child tax credit 250
Additional child tax credit amount $303,000
Number of returns with refundable education credit 140
Refundable education credit amount $115,000
Number of returns with income tax 1,130
Income tax amount [10] $742,000
Number of returns with tax liability 1,390
Total tax liability amount [11] $1,172,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 320
Tax due at time of filing amount [12] $248,000
Number of returns with overpayments refunded 2,140
Overpayments refunded amount [13] $2,888,000
Number of returns with credit to next year’s estimated tax 20
Credited to next year’s estimated tax amount $20,000

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

Number of returns 2,460
Number of single returns 1,710
Number of joint returns 400
Number of head of household returns 310
Number of returns with paid preparer's signature 1,140
Number of exemptions 3,740
Number of dependents 910
Total number of volunteer prepared returns [5] 80
Number of volunteer income tax assistance (VITA) prepared returns [3] 40
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] 320
Number of elderly returns [4] 630
Adjust gross income (AGI) [5] $91,346,000
Number of returns with total income 2,460
Salaries and wages amount $92,652,000
Number of returns with salaries and wages 2,010
Salaries and wages amount $70,706
Number of returns with taxable interest 590
Taxable interest amount $527
Number of returns with ordinary dividends 430
Ordinary dividends amount $1,173,000
Number of returns with qualified dividends 390
Qualified dividends amount [6] $785
Number of returns with state and local income tax refunds 220
State and local income tax refunds amount $115
Number of returns with business or professional net income (less loss) 260
Business or professional net income (less loss) amount $2,681,000
Number of returns with net capital gain (less loss) 360
Net capital gain (less loss) amount $853,000
Number of returns with taxable individual retirement arrangements distributions 360
Taxable individual retirement arrangements distributions amount $4,337,000
Number of returns with taxable pensions and annuities 450
Taxable pensions and annuities amount $6,833,000
Number of farm returns 0
Number of returns with unemployment compensation 90
Unemployment compensation amount [7] $494,000
Number of returns with taxable Social Security benefits 480
Taxable Social Security benefits amount $3,809,000
Number of returns with partnership/S-corp net income (less loss) 60
Partnership/S-corp net income (less loss) amount $177,000
Number of returns with total statutory adjustments 640
Total statutory adjustments amount $1,306,000
Number of returns with educator expenses 30
Educator expenses amount $7,000
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 $188,000
Number of returns with IRA payments 70
IRA payments amount $278,000
Number of returns with student loan interest deduction 390
Student loan interest deduction amount $424,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $51,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 500
Total itemized deductions amount $8,138,000
Amount of AGI for itemized returns $19,491,000
Number of returns with State and local income taxes 390
State and local income taxes amount $758,000
Number of returns with State and local general sales tax 90
State and local general sales tax amount $86,000
Number of returns with real estate taxes 400
Real estate taxes amount $1,046,000
Number of returns with taxes paid 490
Taxes paid amount $1,978,000
Number of returns with mortgage interest paid 300
Mortgage interest paid amount $1,717,000
Number of returns with contributions 390
Contributions amount $1,017,000
Number of returns with taxable income 2,400
Taxable income amount $53,288,000
Number of returns with income tax before credits 2,370
Income tax before credits amount $6,691,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 770
Total tax credits amount $591,000
Number of returns with foreign tax credit 110
Foreign tax credit amount $5,000
Number of returns with child and dependent care credit 90
Child and dependent care credit amount $37,000
Number of returns with nonrefundable education credit 190
Nonrefundable education credit amount $204,000
Number of returns with retirement savings contribution credit 280
Retirement savings contribution credit amount $45,000
Number of returns with child tax credit 300
Child tax credit amount $297,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 200
Self-employment tax amount $468,000
Number of returns with total tax payments 2,370
Total tax payments amount $9,751,000
Number of returns with earned income credit 290
Earned income credit amount [8] $595,000
Number of returns with excess earned income credit 230
Excess earned income credit (refundable) amount [9] $483,000
Number of returns with additional child tax credit 220
Additional child tax credit amount $327,000
Number of returns with refundable education credit 120
Refundable education credit amount $101,000
Number of returns with income tax 2,160
Income tax amount [10] $6,100,000
Number of returns with tax liability 2,220
Total tax liability amount [11] $6,649,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 490
Tax due at time of filing amount [12] $702,000
Number of returns with overpayments refunded 1,930
Overpayments refunded amount [13] $3,683,000
Number of returns with credit to next year’s estimated tax 30
Credited to next year’s estimated tax amount $51,000

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

Number of returns 1,690
Number of single returns 940
Number of joint returns 570
Number of head of household returns 150
Number of returns with paid preparer's signature 870
Number of exemptions 3,000
Number of dependents 740
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] 130
Number of elderly returns [4] 580
Adjust gross income (AGI) [5] $104,600,000
Number of returns with total income 1,690
Salaries and wages amount $106,036,000
Number of returns with salaries and wages 1,360
Salaries and wages amount $75,913
Number of returns with taxable interest 650
Taxable interest amount $505
Number of returns with ordinary dividends 520
Ordinary dividends amount $1,642,000
Number of returns with qualified dividends 490
Qualified dividends amount [6] $1,090
Number of returns with state and local income tax refunds 390
State and local income tax refunds amount $252
Number of returns with business or professional net income (less loss) 200
Business or professional net income (less loss) amount $2,112,000
Number of returns with net capital gain (less loss) 450
Net capital gain (less loss) amount $1,634,000
Number of returns with taxable individual retirement arrangements distributions 340
Taxable individual retirement arrangements distributions amount $4,901,000
Number of returns with taxable pensions and annuities 440
Taxable pensions and annuities amount $10,586,000
Number of farm returns 0
Number of returns with unemployment compensation 50
Unemployment compensation amount [7] $272,000
Number of returns with taxable Social Security benefits 440
Taxable Social Security benefits amount $7,052,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $832,000
Number of returns with total statutory adjustments 510
Total statutory adjustments amount $1,436,000
Number of returns with educator expenses 20
Educator expenses amount $5,000
Number of returns with self-employment retirement plans 30
Self-employment retirement plans amount $300,000
Number of returns with self-employment health insurance deduction 50
Self-employment health insurance deduction amount $235,000
Number of returns with IRA payments 50
IRA payments amount $288,000
Number of returns with student loan interest deduction 290
Student loan interest deduction amount $332,000
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 780
Total itemized deductions amount $13,135,000
Amount of AGI for itemized returns $48,723,000
Number of returns with State and local income taxes 720
State and local income taxes amount $2,345,000
Number of returns with State and local general sales tax 60
State and local general sales tax amount $83,000
Number of returns with real estate taxes 680
Real estate taxes amount $1,960,000
Number of returns with taxes paid 780
Taxes paid amount $4,545,000
Number of returns with mortgage interest paid 540
Mortgage interest paid amount $3,334,000
Number of returns with contributions 620
Contributions amount $1,785,000
Number of returns with taxable income 1,680
Taxable income amount $71,045,000
Number of returns with income tax before credits 1,670
Income tax before credits amount $10,212,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 560
Total tax credits amount $651,000
Number of returns with foreign tax credit 150
Foreign tax credit amount $10,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $31,000
Number of returns with nonrefundable education credit 100
Nonrefundable education credit amount $125,000
Number of returns with retirement savings contribution credit 90
Retirement savings contribution credit amount $16,000
Number of returns with child tax credit 290
Child tax credit amount $450,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $8,000
Number of returns with self-employment tax 140
Self-employment tax amount $426,000
Number of returns with total tax payments 1,660
Total tax payments amount $11,996,000
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 60
Additional child tax credit amount $72,000
Number of returns with refundable education credit 70
Refundable education credit amount $64,000
Number of returns with income tax 1,620
Income tax amount [10] $9,561,000
Number of returns with tax liability 1,630
Total tax liability amount [11] $10,060,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 470
Tax due at time of filing amount [12] $922,000
Number of returns with overpayments refunded 1,180
Overpayments refunded amount [13] $2,771,000
Number of returns with credit to next year’s estimated tax 40
Credited to next year’s estimated tax amount $62,000

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

Number of returns 1,330
Number of single returns 460
Number of joint returns 770
Number of head of household returns 70
Number of returns with paid preparer's signature 710
Number of exemptions 2,790
Number of dependents 700
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] 70
Number of elderly returns [4] 500
Adjust gross income (AGI) [5] $115,294,000
Number of returns with total income 1,330
Salaries and wages amount $116,634,000
Number of returns with salaries and wages 1,060
Salaries and wages amount $80,658
Number of returns with taxable interest 620
Taxable interest amount $582
Number of returns with ordinary dividends 460
Ordinary dividends amount $1,870,000
Number of returns with qualified dividends 440
Qualified dividends amount [6] $1,349
Number of returns with state and local income tax refunds 430
State and local income tax refunds amount $307
Number of returns with business or professional net income (less loss) 220
Business or professional net income (less loss) amount $3,166,000
Number of returns with net capital gain (less loss) 390
Net capital gain (less loss) amount $1,769,000
Number of returns with taxable individual retirement arrangements distributions 300
Taxable individual retirement arrangements distributions amount $5,167,000
Number of returns with taxable pensions and annuities 400
Taxable pensions and annuities amount $12,432,000
Number of farm returns 0
Number of returns with unemployment compensation 50
Unemployment compensation amount [7] $339,000
Number of returns with taxable Social Security benefits 380
Taxable Social Security benefits amount $7,998,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $1,125,000
Number of returns with total statutory adjustments 410
Total statutory adjustments amount $1,340,000
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 50
Self-employment health insurance deduction amount $264,000
Number of returns with IRA payments 40
IRA payments amount $171,000
Number of returns with student loan interest deduction 200
Student loan interest deduction amount $242,000
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 860
Total itemized deductions amount $16,014,000
Amount of AGI for itemized returns $75,006,000
Number of returns with State and local income taxes 840
State and local income taxes amount $3,777,000
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 790
Real estate taxes amount $2,492,000
Number of returns with taxes paid 860
Taxes paid amount $6,515,000
Number of returns with mortgage interest paid 660
Mortgage interest paid amount $4,488,000
Number of returns with contributions 730
Contributions amount $2,307,000
Number of returns with taxable income 1,330
Taxable income amount $82,571,000
Number of returns with income tax before credits 1,320
Income tax before credits amount $12,538,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 500
Total tax credits amount $672,000
Number of returns with foreign tax credit 140
Foreign tax credit amount $15,000
Number of returns with child and dependent care credit 90
Child and dependent care credit amount $50,000
Number of returns with nonrefundable education credit 100
Nonrefundable education credit amount $136,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 280
Child tax credit amount $442,000
Number of returns with residential energy tax credit 20
Residential energy tax credit amount $6,000
Number of returns with self-employment tax 180
Self-employment tax amount $558,000
Number of returns with total tax payments 1,320
Total tax payments amount $14,169,000
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 70
Refundable education credit amount $64,000
Number of returns with income tax 1,320
Income tax amount [10] $11,866,000
Number of returns with tax liability 1,320
Total tax liability amount [11] $12,506,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 380
Tax due at time of filing amount [12] $1,050,000
Number of returns with overpayments refunded 920
Overpayments refunded amount [13] $2,603,000
Number of returns with credit to next year’s estimated tax 50
Credited to next year’s estimated tax amount $91,000

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

Number of returns 2,040
Number of single returns 340
Number of joint returns 1,620
Number of head of household returns 80
Number of returns with paid preparer's signature 1,100
Number of exemptions 5,060
Number of dependents 1,400
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] 80
Number of elderly returns [4] 730
Adjust gross income (AGI) [5] $272,892,000
Number of returns with total income 2,040
Salaries and wages amount $276,048,000
Number of returns with salaries and wages 1,720
Salaries and wages amount $197,017
Number of returns with taxable interest 1,100
Taxable interest amount $1,290
Number of returns with ordinary dividends 960
Ordinary dividends amount $5,888,000
Number of returns with qualified dividends 900
Qualified dividends amount [6] $4,319
Number of returns with state and local income tax refunds 840
State and local income tax refunds amount $868
Number of returns with business or professional net income (less loss) 320
Business or professional net income (less loss) amount $7,094,000
Number of returns with net capital gain (less loss) 820
Net capital gain (less loss) amount $7,789,000
Number of returns with taxable individual retirement arrangements distributions 510
Taxable individual retirement arrangements distributions amount $14,234,000
Number of returns with taxable pensions and annuities 620
Taxable pensions and annuities amount $21,956,000
Number of farm returns 0
Number of returns with unemployment compensation 70
Unemployment compensation amount [7] $498,000
Number of returns with taxable Social Security benefits 510
Taxable Social Security benefits amount $12,429,000
Number of returns with partnership/S-corp net income (less loss) 190
Partnership/S-corp net income (less loss) amount $4,587,000
Number of returns with total statutory adjustments 740
Total statutory adjustments amount $3,156,000
Number of returns with educator expenses 120
Educator expenses amount $32,000
Number of returns with self-employment retirement plans 50
Self-employment retirement plans amount $834,000
Number of returns with self-employment health insurance deduction 90
Self-employment health insurance deduction amount $565,000
Number of returns with IRA payments 60
IRA payments amount $374,000
Number of returns with student loan interest deduction 330
Student loan interest deduction amount $412,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $69,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 1,740
Total itemized deductions amount $42,089,000
Amount of AGI for itemized returns $236,790,000
Number of returns with State and local income taxes 1,720
State and local income taxes amount $12,831,000
Number of returns with State and local general sales tax 20
State and local general sales tax amount $65,000
Number of returns with real estate taxes 1,650
Real estate taxes amount $6,587,000
Number of returns with taxes paid 1,740
Taxes paid amount $20,064,000
Number of returns with mortgage interest paid 1,390
Mortgage interest paid amount $9,944,000
Number of returns with contributions 1,560
Contributions amount $6,432,000
Number of returns with taxable income 2,040
Taxable income amount $206,654,000
Number of returns with income tax before credits 2,030
Income tax before credits amount $35,143,000
Number of returns with alternative minimum tax 40
Alternative minimum tax amount $85,000
Number of returns with total tax credits 910
Total tax credits amount $1,009,000
Number of returns with foreign tax credit 350
Foreign tax credit amount $93,000
Number of returns with child and dependent care credit 240
Child and dependent care credit amount $114,000
Number of returns with nonrefundable education credit 160
Nonrefundable education credit amount $227,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 340
Child tax credit amount $427,000
Number of returns with residential energy tax credit 60
Residential energy tax credit amount $14,000
Number of returns with self-employment tax 240
Self-employment tax amount $1,076,000
Number of returns with total tax payments 2,030
Total tax payments amount $37,135,000
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 140
Refundable education credit amount $136,000
Number of returns with income tax 2,030
Income tax amount [10] $34,134,000
Number of returns with tax liability 2,030
Total tax liability amount [11] $35,388,000
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 760
Tax due at time of filing amount [12] $2,981,000
Number of returns with overpayments refunded 1,180
Overpayments refunded amount [13] $4,219,000
Number of returns with credit to next year’s estimated tax 120
Credited to next year’s estimated tax amount $460,000

Adjusted Gross Income: $200,000 or more

Number of returns 400
Number of single returns 50
Number of joint returns 340
Number of head of household returns 0
Number of returns with paid preparer's signature 280
Number of exemptions 1,000
Number of dependents 260
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] 180
Adjust gross income (AGI) [5] $129,978,000
Number of returns with total income 400
Salaries and wages amount $131,902,000
Number of returns with salaries and wages 340
Salaries and wages amount $70,097
Number of returns with taxable interest 310
Taxable interest amount $1,770
Number of returns with ordinary dividends 290
Ordinary dividends amount $6,926,000
Number of returns with qualified dividends 280
Qualified dividends amount [6] $5,756
Number of returns with state and local income tax refunds 130
State and local income tax refunds amount $369
Number of returns with business or professional net income (less loss) 80
Business or professional net income (less loss) amount $3,631,000
Number of returns with net capital gain (less loss) 280
Net capital gain (less loss) amount $16,411,000
Number of returns with taxable individual retirement arrangements distributions 120
Taxable individual retirement arrangements distributions amount $5,637,000
Number of returns with taxable pensions and annuities 140
Taxable pensions and annuities amount $7,130,000
Number of farm returns 0
Number of returns with unemployment compensation 0
Unemployment compensation amount [7] $0
Number of returns with taxable Social Security benefits 110
Taxable Social Security benefits amount $3,028,000
Number of returns with partnership/S-corp net income (less loss) 120
Partnership/S-corp net income (less loss) amount $14,584,000
Number of returns with total statutory adjustments 130
Total statutory adjustments amount $1,924,000
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 $632,000
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 $511,000
Number of returns with itemized deductions 390
Total itemized deductions amount $18,490,000
Amount of AGI for itemized returns $126,287,000
Number of returns with State and local income taxes 390
State and local income taxes amount $8,772,000
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 370
Real estate taxes amount $2,585,000
Number of returns with taxes paid 390
Taxes paid amount $11,534,000
Number of returns with mortgage interest paid 260
Mortgage interest paid amount $2,279,000
Number of returns with contributions 370
Contributions amount $3,686,000
Number of returns with taxable income 400
Taxable income amount $108,180,000
Number of returns with income tax before credits 400
Income tax before credits amount $25,708,000
Number of returns with alternative minimum tax 230
Alternative minimum tax amount $1,305,000
Number of returns with total tax credits 180
Total tax credits amount $147,000
Number of returns with foreign tax credit 140
Foreign tax credit amount $85,000
Number of returns with child and dependent care credit 30
Child and dependent care credit amount $15,000
Number of returns with nonrefundable education credit 0
Nonrefundable education credit amount $0
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 0
Child tax credit amount $0
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 70
Self-employment tax amount $441,000
Number of returns with total tax payments 400
Total tax payments amount $24,166,000
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 400
Income tax amount [10] $25,561,000
Number of returns with tax liability 400
Total tax liability amount [11] $26,645,000
Number of returns with net investment income tax 200
Net investment income tax $469,000
Number of returns with tax due at time of filing 230
Tax due at time of filing amount [12] $3,864,000
Number of returns with overpayments refunded 130
Overpayments refunded amount [13] $788,000
Number of returns with credit to next year’s estimated tax 50
Credited to next year’s estimated tax amount $571,000

[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.