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ZIP Code Database - Facts & Stats

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ZIP Code 56307 Income Tax Stats

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

ZIP Code 56307 Data

Zip Code:56307
City:Albany
State:MN [Minnesota]
Counties: STEARNS, MN
City Alias(es):Albany
Area Code:320
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]





56307 Income Tax Overview

Total Number of Tax Returns for ZIP Code 56307 [1] 2,330
Total Number of Single Tax Returns for ZIP Code 56307 1,090
Total Number of Joint Tax Returns for ZIP Code 56307 1,120
Total Number of Dependents for ZIP Code 56307 1,690
Total Adjusted Gross Income for ZIP Code 56307 $128,371,000
Average Income per Person for ZIP Code 56307 $24,893
Average Income per Household for ZIP Code 56307 $55,095

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] 790
Number of single returns 590
Number of joint returns 130
Number of head of household returns 60
Number of returns with paid preparer's signature 450
Number of exemptions 880
Number of dependents 180
Adjust gross income (AGI) [2] $9,217,000
Number of returns with total income 790
Salaries and wages amount $9,723,000
Number of returns with salaries and wages 590
Salaries and wages amount $6,924
Number of returns with taxable interest 340
Taxable interest amount $247
Number of returns with ordinary dividends 90
Ordinary dividends amount $108,000
Number of returns with qualified dividends 80
Qualified dividends amount [3] $61
Number of returns with state and local income tax refunds 0
State and local income tax refunds amount $0
Number of returns with business or professional net income (less loss) 90
Business or professional net income (less loss) amount $718,000
Number of returns with net capital gain (less loss) 120
Net capital gain (less loss) amount $259,000
Number of returns with taxable individual retirement arrangements distributions 70
Taxable individual retirement arrangements distributions amount $357,000
Number of returns with taxable pensions and annuities 110
Taxable pensions and annuities amount $719,000
Number of farm returns 80
Number of returns with unemployment compensation 30
Unemployment compensation amount [4] $95,000
Number of returns with taxable Social Security benefits 20
Taxable Social Security benefits amount $36,000
Number of returns with partnership/S-corp net income (less loss) 30
Partnership/S-corp net income (less loss) amount $16,000
Number of returns with total statutory adjustments 190
Total statutory adjustments amount $506,000
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 $242,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 60
Student loan interest deduction amount $49,000
Number of returns with tuition and fees deduction 0
Tuition and fees deduction amount $0
Returns with domestic production activities deduction 20
Domestic production activities deduction amount $35,000
Number of returns with itemized deductions 40
Total itemized deductions amount $630,000
Amount of AGI for itemized returns $738,000
Number of returns with State and local income taxes 0
State and local income taxes amount $0
Number of returns with State and local general sales tax 20
State and local general sales tax amount $9,000
Number of returns with real estate taxes 30
Real estate taxes amount $59,000
Number of returns with taxes paid 50
Taxes paid amount $101,000
Number of returns with mortgage interest paid 20
Mortgage interest paid amount $141,000
Number of returns with contributions 30
Contributions amount $54,000
Number of returns with taxable income 380
Taxable income amount $2,205,000
Number of returns with income tax before credits 370
Income tax before credits amount $229,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 120
Total tax credits amount $46,000
Number of returns with foreign tax credit 20
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 50
Nonrefundable education credit amount $27,000
Number of returns with retirement savings contribution credit 50
Retirement savings contribution credit amount $9,000
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 100
Self-employment tax amount $184,000
Number of returns with total tax payments 660
Total tax payments amount $1,107,000
Number of returns with earned income credit 170
Earned income credit amount [5] $352,000
Number of returns with excess earned income credit 140
Excess earned income credit (refundable) amount [6] $299,000
Number of returns with additional child tax credit 80
Additional child tax credit amount $95,000
Number of returns with refundable education credit 40
Refundable education credit amount $33,000
Number of returns with income tax 310
Income tax amount [7] $183,000
Number of returns with tax liability 390
Total tax liability amount [8] $371,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 90
Tax due at time of filing amount [9] $113,000
Number of returns with overpayments refunded 600
Overpayments refunded amount [10] $841,000

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

Number of returns [1] 600
Number of single returns 310
Number of joint returns 200
Number of head of household returns 90
Number of returns with paid preparer's signature 400
Number of exemptions 1,180
Number of dependents 380
Adjust gross income (AGI) [2] $21,949,000
Number of returns with total income 600
Salaries and wages amount $22,707,000
Number of returns with salaries and wages 540
Salaries and wages amount $17,811
Number of returns with taxable interest 230
Taxable interest amount $188
Number of returns with ordinary dividends 70
Ordinary dividends amount $94,000
Number of returns with qualified dividends 70
Qualified dividends amount [3] $54
Number of returns with state and local income tax refunds 100
State and local income tax refunds amount $64
Number of returns with business or professional net income (less loss) 90
Business or professional net income (less loss) amount $743,000
Number of returns with net capital gain (less loss) 100
Net capital gain (less loss) amount $521,000
Number of returns with taxable individual retirement arrangements distributions 50
Taxable individual retirement arrangements distributions amount $407,000
Number of returns with taxable pensions and annuities 90
Taxable pensions and annuities amount $1,292,000
Number of farm returns 70
Number of returns with unemployment compensation 70
Unemployment compensation amount [4] $390,000
Number of returns with taxable Social Security benefits 90
Taxable Social Security benefits amount $505,000
Number of returns with partnership/S-corp net income (less loss) 40
Partnership/S-corp net income (less loss) amount $414,000
Number of returns with total statutory adjustments 210
Total statutory adjustments amount $758,000
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 $258,000
Number of returns with IRA payments 40
IRA payments amount $111,000
Number of returns with student loan interest deduction 100
Student loan interest deduction amount $89,000
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 $71,000
Number of returns with itemized deductions 170
Total itemized deductions amount $2,390,000
Amount of AGI for itemized returns $6,463,000
Number of returns with State and local income taxes 170
State and local income taxes amount $297,000
Number of returns with State and local general sales tax 20
State and local general sales tax amount $23,000
Number of returns with real estate taxes 150
Real estate taxes amount $244,000
Number of returns with taxes paid 170
Taxes paid amount $567,000
Number of returns with mortgage interest paid 120
Mortgage interest paid amount $750,000
Number of returns with contributions 100
Contributions amount $140,000
Number of returns with taxable income 580
Taxable income amount $11,392,000
Number of returns with income tax before credits 560
Income tax before credits amount $1,352,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 250
Total tax credits amount $227,000
Number of returns with foreign tax credit 0
Foreign tax credit amount $0
Number of returns with child and dependent care credit 50
Child and dependent care credit amount $21,000
Number of returns with nonrefundable education credit 50
Nonrefundable education credit amount $47,000
Number of returns with retirement savings contribution credit 120
Retirement savings contribution credit amount $27,000
Number of returns with child tax credit 140
Child tax credit amount $136,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 80
Self-employment tax amount $217,000
Number of returns with total tax payments 580
Total tax payments amount $2,421,000
Number of returns with earned income credit 130
Earned income credit amount [5] $219,000
Number of returns with excess earned income credit 100
Excess earned income credit (refundable) amount [6] $164,000
Number of returns with additional child tax credit 110
Additional child tax credit amount $178,000
Number of returns with refundable education credit 40
Refundable education credit amount $33,000
Number of returns with income tax 470
Income tax amount [7] $1,125,000
Number of returns with tax liability 510
Total tax liability amount [8] $1,359,000
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 80
Tax due at time of filing amount [9] $163,000
Number of returns with overpayments refunded 510
Overpayments refunded amount [10] $1,215,000

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

Number of returns [1] 380
Number of single returns 90
Number of joint returns 270
Number of head of household returns 30
Number of returns with paid preparer's signature 290
Number of exemptions 1,040
Number of dependents 400
Adjust gross income (AGI) [2] $23,328,000
Number of returns with total income 380
Salaries and wages amount $24,080,000
Number of returns with salaries and wages 350
Salaries and wages amount $18,601
Number of returns with taxable interest 240
Taxable interest amount $184
Number of returns with ordinary dividends 70
Ordinary dividends amount $142,000
Number of returns with qualified dividends 60
Qualified dividends amount [3] $83
Number of returns with state and local income tax refunds 100
State and local income tax refunds amount $67
Number of returns with business or professional net income (less loss) 80
Business or professional net income (less loss) amount $1,104,000
Number of returns with net capital gain (less loss) 90
Net capital gain (less loss) amount $698,000
Number of returns with taxable individual retirement arrangements distributions 30
Taxable individual retirement arrangements distributions amount $270,000
Number of returns with taxable pensions and annuities 60
Taxable pensions and annuities amount $868,000
Number of farm returns 80
Number of returns with unemployment compensation 50
Unemployment compensation amount [4] $244,000
Number of returns with taxable Social Security benefits 50
Taxable Social Security benefits amount $667,000
Number of returns with partnership/S-corp net income (less loss) 40
Partnership/S-corp net income (less loss) amount $533,000
Number of returns with total statutory adjustments 170
Total statutory adjustments amount $751,000
Number of returns with educator expenses 30
Educator expenses amount $8,000
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 $301,000
Number of returns with IRA payments 40
IRA payments amount $226,000
Number of returns with student loan interest deduction 60
Student loan interest deduction amount $50,000
Number of returns with tuition and fees deduction 0
Tuition and fees deduction amount $0
Returns with domestic production activities deduction 50
Domestic production activities deduction amount $201,000
Number of returns with itemized deductions 140
Total itemized deductions amount $2,207,000
Amount of AGI for itemized returns $9,028,000
Number of returns with State and local income taxes 140
State and local income taxes amount $491,000
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 130
Real estate taxes amount $235,000
Number of returns with taxes paid 140
Taxes paid amount $756,000
Number of returns with mortgage interest paid 120
Mortgage interest paid amount $801,000
Number of returns with contributions 110
Contributions amount $169,000
Number of returns with taxable income 380
Taxable income amount $14,374,000
Number of returns with income tax before credits 380
Income tax before credits amount $1,848,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 220
Total tax credits amount $393,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $2,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $34,000
Number of returns with nonrefundable education credit 40
Nonrefundable education credit amount $57,000
Number of returns with retirement savings contribution credit 50
Retirement savings contribution credit amount $9,000
Number of returns with child tax credit 160
Child tax credit amount $278,000
Number of returns with residential energy tax credit 40
Residential energy tax credit amount $10,000
Number of returns with self-employment tax 90
Self-employment tax amount $283,000
Number of returns with total tax payments 370
Total tax payments amount $2,267,000
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 40
Additional child tax credit amount $53,000
Number of returns with refundable education credit 40
Refundable education credit amount $37,000
Number of returns with income tax 340
Income tax amount [7] $1,455,000
Number of returns with tax liability 360
Total tax liability amount [8] $1,749,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 100
Tax due at time of filing amount [9] $270,000
Number of returns with overpayments refunded 270
Overpayments refunded amount [10] $773,000

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

Number of returns [1] 290
Number of single returns 30
Number of joint returns 270
Number of head of household returns 0
Number of returns with paid preparer's signature 200
Number of exemptions 920
Number of dependents 370
Adjust gross income (AGI) [2] $24,881,000
Number of returns with total income 290
Salaries and wages amount $25,183,000
Number of returns with salaries and wages 270
Salaries and wages amount $21,176
Number of returns with taxable interest 190
Taxable interest amount $79
Number of returns with ordinary dividends 60
Ordinary dividends amount $91,000
Number of returns with qualified dividends 50
Qualified dividends amount [3] $47
Number of returns with state and local income tax refunds 120
State and local income tax refunds amount $85
Number of returns with business or professional net income (less loss) 40
Business or professional net income (less loss) amount $222,000
Number of returns with net capital gain (less loss) 60
Net capital gain (less loss) amount $482,000
Number of returns with taxable individual retirement arrangements distributions 50
Taxable individual retirement arrangements distributions amount $763,000
Number of returns with taxable pensions and annuities 50
Taxable pensions and annuities amount $1,364,000
Number of farm returns 30
Number of returns with unemployment compensation 30
Unemployment compensation amount [4] $176,000
Number of returns with taxable Social Security benefits 40
Taxable Social Security benefits amount $748,000
Number of returns with partnership/S-corp net income (less loss) 30
Partnership/S-corp net income (less loss) amount $243,000
Number of returns with total statutory adjustments 110
Total statutory adjustments amount $302,000
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 50
Student loan interest deduction amount $44,000
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 150
Total itemized deductions amount $2,625,000
Amount of AGI for itemized returns $13,235,000
Number of returns with State and local income taxes 150
State and local income taxes amount $641,000
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 150
Real estate taxes amount $345,000
Number of returns with taxes paid 150
Taxes paid amount $1,020,000
Number of returns with mortgage interest paid 130
Mortgage interest paid amount $895,000
Number of returns with contributions 130
Contributions amount $243,000
Number of returns with taxable income 290
Taxable income amount $16,994,000
Number of returns with income tax before credits 280
Income tax before credits amount $2,272,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 190
Total tax credits amount $411,000
Number of returns with foreign tax credit 0
Foreign tax credit amount $0
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $42,000
Number of returns with nonrefundable education credit 40
Nonrefundable education credit amount $62,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 150
Child tax credit amount $288,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $7,000
Number of returns with self-employment tax 40
Self-employment tax amount $97,000
Number of returns with total tax payments 280
Total tax payments amount $2,576,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 30
Refundable education credit amount $33,000
Number of returns with income tax 280
Income tax amount [7] $1,861,000
Number of returns with tax liability 280
Total tax liability amount [8] $1,973,000
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 50
Tax due at time of filing amount [9] $178,000
Number of returns with overpayments refunded 230
Overpayments refunded amount [10] $767,000

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

Number of returns [1] 230
Number of single returns 0
Number of joint returns 220
Number of head of household returns 0
Number of returns with paid preparer's signature 170
Number of exemptions 750
Number of dependents 310
Adjust gross income (AGI) [2] $28,936,000
Number of returns with total income 230
Salaries and wages amount $29,549,000
Number of returns with salaries and wages 220
Salaries and wages amount $23,657
Number of returns with taxable interest 170
Taxable interest amount $258
Number of returns with ordinary dividends 80
Ordinary dividends amount $331,000
Number of returns with qualified dividends 70
Qualified dividends amount [3] $90
Number of returns with state and local income tax refunds 120
State and local income tax refunds amount $107
Number of returns with business or professional net income (less loss) 40
Business or professional net income (less loss) amount $399,000
Number of returns with net capital gain (less loss) 70
Net capital gain (less loss) amount $691,000
Number of returns with taxable individual retirement arrangements distributions 0
Taxable individual retirement arrangements distributions amount $0
Number of returns with taxable pensions and annuities 40
Taxable pensions and annuities amount $1,018,000
Number of farm returns 40
Number of returns with unemployment compensation 30
Unemployment compensation amount [4] $148,000
Number of returns with taxable Social Security benefits 30
Taxable Social Security benefits amount $451,000
Number of returns with partnership/S-corp net income (less loss) 50
Partnership/S-corp net income (less loss) amount $2,123,000
Number of returns with total statutory adjustments 120
Total statutory adjustments amount $613,000
Number of returns with educator expenses 20
Educator expenses amount $5,000
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 $345,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 40
Student loan interest deduction amount $30,000
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 $676,000
Number of returns with itemized deductions 180
Total itemized deductions amount $4,003,000
Amount of AGI for itemized returns $23,180,000
Number of returns with State and local income taxes 180
State and local income taxes amount $1,305,000
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 170
Real estate taxes amount $496,000
Number of returns with taxes paid 180
Taxes paid amount $1,863,000
Number of returns with mortgage interest paid 160
Mortgage interest paid amount $1,145,000
Number of returns with contributions 160
Contributions amount $391,000
Number of returns with taxable income 230
Taxable income amount $21,385,000
Number of returns with income tax before credits 230
Income tax before credits amount $3,454,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 150
Total tax credits amount $249,000
Number of returns with foreign tax credit 20
Foreign tax credit amount $2,000
Number of returns with child and dependent care credit 50
Child and dependent care credit amount $25,000
Number of returns with nonrefundable education credit 30
Nonrefundable education credit amount $42,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 90
Child tax credit amount $141,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 40
Self-employment tax amount $134,000
Number of returns with total tax payments 230
Total tax payments amount $3,579,000
Number of returns with earned income credit 0
Earned income credit amount [5] $0
Number of returns with excess earned income credit 0
Excess earned income credit (refundable) amount [6] $0
Number of returns with additional child tax credit 0
Additional child tax credit amount $0
Number of returns with refundable education credit 20
Refundable education credit amount $28,000
Number of returns with income tax 230
Income tax amount [7] $3,240,000
Number of returns with tax liability 230
Total tax liability amount [8] $3,378,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 0
Net investment income tax $0
Number of returns with tax due at time of filing 90
Tax due at time of filing amount [9] $1,077,000
Number of returns with overpayments refunded 150
Overpayments refunded amount [10] $525,000

Adjusted Gross Income: $200,000 or more

Number of returns [1] 40
Number of single returns 0
Number of joint returns 30
Number of head of household returns 0
Number of returns with paid preparer's signature 30
Number of exemptions 120
Number of dependents 50
Adjust gross income (AGI) [2] $20,060,000
Number of returns with total income 40
Salaries and wages amount $20,719,000
Number of returns with salaries and wages 30
Salaries and wages amount $7,126
Number of returns with taxable interest 30
Taxable interest amount $601
Number of returns with ordinary dividends 0
Ordinary dividends amount $0
Number of returns with qualified dividends 0
Qualified dividends amount [3] $0
Number of returns with state and local income tax refunds 0
State and local income tax refunds amount $0
Number of returns with business or professional net income (less loss) 0
Business or professional net income (less loss) amount $0
Number of returns with net capital gain (less loss) 30
Net capital gain (less loss) amount $1,952,000
Number of returns with taxable individual retirement arrangements distributions 0
Taxable individual retirement arrangements distributions amount $0
Number of returns with taxable pensions and annuities 0
Taxable pensions and annuities amount $0
Number of farm returns 0
Number of returns with unemployment compensation 0
Unemployment compensation amount [4] $0
Number of returns with taxable Social Security benefits 0
Taxable Social Security benefits amount $0
Number of returns with partnership/S-corp net income (less loss) 20
Partnership/S-corp net income (less loss) amount $9,885,000
Number of returns with total statutory adjustments 20
Total statutory adjustments amount $659,000
Number of returns with educator expenses 0
Educator expenses amount $0
Number of returns with self-employment retirement plans 0
Self-employment retirement plans amount $0
Number of returns with self-employment health insurance deduction 0
Self-employment health insurance deduction amount $0
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 0
Student loan interest deduction amount $0
Number of returns with tuition and fees deduction 0
Tuition and fees deduction amount $0
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 40
Total itemized deductions amount $2,622,000
Amount of AGI for itemized returns $20,060,000
Number of returns with State and local income taxes 40
State and local income taxes amount $2,211,000
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 30
Real estate taxes amount $168,000
Number of returns with taxes paid 40
Taxes paid amount $2,394,000
Number of returns with mortgage interest paid 20
Mortgage interest paid amount $182,000
Number of returns with contributions 40
Contributions amount $274,000
Number of returns with taxable income 40
Taxable income amount $17,140,000
Number of returns with income tax before credits 40
Income tax before credits amount $5,164,000
Number of returns with alternative minimum tax 30
Alternative minimum tax amount $144,000
Number of returns with total tax credits 0
Total tax credits amount $0
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 0
Nonrefundable education credit amount $0
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 0
Child tax credit amount $0
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 0
Self-employment tax amount $0
Number of returns with total tax payments 40
Total tax payments amount $4,819,000
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 40
Income tax amount [7] $4,902,000
Number of returns with tax liability 40
Total tax liability amount [8] $5,129,000
Number of returns with Additional Medicare tax 0
Additional Medicare tax $0
Number of returns with net investment income tax 20
Net investment income tax $0
Number of returns with tax due at time of filing 0
Tax due at time of filing amount [9] $0
Number of returns with overpayments refunded 0
Overpayments refunded amount [10] $0

[1] For complete individual income tax tabulations at the State level, see the historic table posted to Tax Stats at http://www.irs.gov/uac/SOI-Tax-Stats---Historic-Table-

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

[3] “Qualified dividends” are ordinary dividends received in tax years beginning after 2002 that meet certain conditions and receive preferential tax rates. The maximum qualified dividends tax rate is 15%.

[4] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's.
This fund only applies to statistics in the totals, and the state of Alaska.

[5] Earned income credit includes both the refundable and non-refundable portions. The non-refundable portion could reduce income tax and certain related taxes to zero. The earned income credit amounts in excess of total tax liability, or amounts when there was no tax liability at all, were refundable. See footnote 6 below for explanation of the refundable portion of the earned income credit.

[6] The refundable portion of the earned income credit equals total income tax minus the earned income credit. If the result is negative, this amount is considered the refundable portion. No other refundable credits were taken into account for this calculation.

[7] Income tax reflects the amount reported on Form 1040 line 55. It also includes data from Form 1040A and 1040EZ filers.

[8] “Total tax liability” differs from “Income tax”, in that “Total tax liability” includes the taxes from recapture of certain prior-year credits, tax applicable to individual retirement arrangements (IRA's), social security taxes on self-employment income and on certain tip income, advanced earned income payments, household employment taxes, and certain other taxes listed in the Form 1040 instructions.

[9] Reflects payments to or withholdings made to "Total tax liability". This is the amount the tax filer owes when the income tax return is filed.

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