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ZIP Code Database - Facts & Stats

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ZIP Code 76240 Income Tax Stats

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

ZIP Code 76240 Data

Zip Code:76240
City:Gainesville
State:TX [Texas]
Counties: COOKE, TX
City Alias(es):Gainesville
Area Code:940
Time Zone: Central (GMT -06:00)
Observes Day Light Savings:Yes
Classification: [Non-Unique]




76240 Income Tax Overview

Total Number of Tax Returns for ZIP Code 76240 [1] 11,090
Total Number of Single Tax Returns for ZIP Code 76240 4,390
Total Number of Joint Tax Returns for ZIP Code 76240 4,570
Total Number of Dependents for ZIP Code 76240 8,420
Total Adjusted Gross Income for ZIP Code 76240 $584,935,000
Average Income per Person for ZIP Code 76240 $22,394
Average Income per Household for ZIP Code 76240 $52,744

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] 4,490
Number of single returns 2,660
Number of joint returns 760
Number of head of household returns 1,020
Number of returns with paid preparer's signature 2,420
Number of exemptions 7,410
Number of dependents 2,770
Adjust gross income (AGI) [2] $57,528,000
Number of returns with total income 4,490
Salaries and wages amount $58,362,000
Number of returns with salaries and wages 3,580
Salaries and wages amount $45,149
Number of returns with taxable interest 550
Taxable interest amount $461
Number of returns with ordinary dividends 320
Ordinary dividends amount $618,000
Number of returns with qualified dividends 280
Qualified dividends amount [3] $348
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) 760
Business or professional net income (less loss) amount $5,130,000
Number of returns with net capital gain (less loss) 300
Net capital gain (less loss) amount $215,000
Number of returns with taxable individual retirement arrangements distributions 240
Taxable individual retirement arrangements distributions amount $1,600,000
Number of returns with taxable pensions and annuities 530
Taxable pensions and annuities amount $4,634,000
Number of farm returns 130
Number of returns with unemployment compensation 130
Unemployment compensation amount [4] $693,000
Number of returns with taxable Social Security benefits 190
Taxable Social Security benefits amount $364,000
Number of returns with partnership/S-corp net income (less loss) 60
Partnership/S-corp net income (less loss) amount $17,000
Number of returns with total statutory adjustments 800
Total statutory adjustments amount $834,000
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 60
Self-employment health insurance deduction amount $195,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 80
Student loan interest deduction amount $71,000
Number of returns with tuition and fees deduction 20
Tuition and fees deduction amount $50,000
Returns with domestic production activities deduction 20
Domestic production activities deduction amount $62,000
Number of returns with itemized deductions 180
Total itemized deductions amount $3,032,000
Amount of AGI for itemized returns $2,742,000
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 150
State and local general sales tax amount $109,000
Number of returns with real estate taxes 120
Real estate taxes amount $286,000
Number of returns with taxes paid 170
Taxes paid amount $420,000
Number of returns with mortgage interest paid 70
Mortgage interest paid amount $352,000
Number of returns with contributions 120
Contributions amount $381,000
Number of returns with taxable income 1,770
Taxable income amount $10,327,000
Number of returns with income tax before credits 1,730
Income tax before credits amount $1,081,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 550
Total tax credits amount $157,000
Number of returns with foreign tax credit 30
Foreign tax credit amount $1,000
Number of returns with child and dependent care credit 30
Child and dependent care credit amount $12,000
Number of returns with nonrefundable education credit 70
Nonrefundable education credit amount $43,000
Number of returns with retirement savings contribution credit 250
Retirement savings contribution credit amount $41,000
Number of returns with child tax credit 190
Child tax credit amount $60,000
Number of returns with residential energy tax credit 0
Residential energy tax credit amount $0
Number of returns with self-employment tax 650
Self-employment tax amount $829,000
Number of returns with total tax payments 4,090
Total tax payments amount $10,478,000
Number of returns with earned income credit 1,720
Earned income credit amount [5] $4,730,000
Number of returns with excess earned income credit 1,540
Excess earned income credit (refundable) amount [6] $4,266,000
Number of returns with additional child tax credit 1,260
Additional child tax credit amount $1,646,000
Number of returns with refundable education credit 120
Refundable education credit amount $103,000
Number of returns with income tax 1,420
Income tax amount [7] $924,000
Number of returns with tax liability 2,040
Total tax liability amount [8] $1,782,000
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 390
Tax due at time of filing amount [9] $311,000
Number of returns with overpayments refunded 3,820
Overpayments refunded amount [10] $8,958,000

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

Number of returns [1] 2,970
Number of single returns 1,200
Number of joint returns 1,070
Number of head of household returns 640
Number of returns with paid preparer's signature 1,650
Number of exemptions 6,760
Number of dependents 2,720
Adjust gross income (AGI) [2] $106,640,000
Number of returns with total income 2,970
Salaries and wages amount $107,580,000
Number of returns with salaries and wages 2,580
Salaries and wages amount $87,878
Number of returns with taxable interest 540
Taxable interest amount $860
Number of returns with ordinary dividends 290
Ordinary dividends amount $1,012,000
Number of returns with qualified dividends 260
Qualified dividends amount [3] $550
Number of returns with state and local income tax refunds 40
State and local income tax refunds amount $14
Number of returns with business or professional net income (less loss) 410
Business or professional net income (less loss) amount $3,533,000
Number of returns with net capital gain (less loss) 270
Net capital gain (less loss) amount $693,000
Number of returns with taxable individual retirement arrangements distributions 220
Taxable individual retirement arrangements distributions amount $2,185,000
Number of returns with taxable pensions and annuities 510
Taxable pensions and annuities amount $7,938,000
Number of farm returns 130
Number of returns with unemployment compensation 140
Unemployment compensation amount [4] $632,000
Number of returns with taxable Social Security benefits 450
Taxable Social Security benefits amount $2,943,000
Number of returns with partnership/S-corp net income (less loss) 70
Partnership/S-corp net income (less loss) amount $87,000
Number of returns with total statutory adjustments 500
Total statutory adjustments amount $940,000
Number of returns with educator expenses 60
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 50
Self-employment health insurance deduction amount $225,000
Number of returns with IRA payments 40
IRA payments amount $131,000
Number of returns with student loan interest deduction 130
Student loan interest deduction amount $124,000
Number of returns with tuition and fees deduction 30
Tuition and fees deduction amount $50,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 410
Total itemized deductions amount $6,981,000
Amount of AGI for itemized returns $15,661,000
Number of returns with State and local income taxes 50
State and local income taxes amount $59,000
Number of returns with State and local general sales tax 310
State and local general sales tax amount $326,000
Number of returns with real estate taxes 280
Real estate taxes amount $797,000
Number of returns with taxes paid 400
Taxes paid amount $1,235,000
Number of returns with mortgage interest paid 190
Mortgage interest paid amount $947,000
Number of returns with contributions 260
Contributions amount $916,000
Number of returns with taxable income 2,790
Taxable income amount $50,846,000
Number of returns with income tax before credits 2,760
Income tax before credits amount $6,092,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 1,320
Total tax credits amount $1,063,000
Number of returns with foreign tax credit 80
Foreign tax credit amount $3,000
Number of returns with child and dependent care credit 130
Child and dependent care credit amount $76,000
Number of returns with nonrefundable education credit 130
Nonrefundable education credit amount $105,000
Number of returns with retirement savings contribution credit 480
Retirement savings contribution credit amount $97,000
Number of returns with child tax credit 870
Child tax credit amount $774,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $8,000
Number of returns with self-employment tax 280
Self-employment tax amount $587,000
Number of returns with total tax payments 2,880
Total tax payments amount $13,027,000
Number of returns with earned income credit 760
Earned income credit amount [5] $1,538,000
Number of returns with excess earned income credit 650
Excess earned income credit (refundable) amount [6] $1,329,000
Number of returns with additional child tax credit 760
Additional child tax credit amount $1,283,000
Number of returns with refundable education credit 100
Refundable education credit amount $76,000
Number of returns with income tax 2,090
Income tax amount [7] $5,029,000
Number of returns with tax liability 2,240
Total tax liability amount [8] $5,680,000
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 350
Tax due at time of filing amount [9] $492,000
Number of returns with overpayments refunded 2,550
Overpayments refunded amount [10] $7,628,000

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

Number of returns [1] 1,480
Number of single returns 410
Number of joint returns 920
Number of head of household returns 120
Number of returns with paid preparer's signature 950
Number of exemptions 3,680
Number of dependents 1,270
Adjust gross income (AGI) [2] $90,870,000
Number of returns with total income 1,480
Salaries and wages amount $91,693,000
Number of returns with salaries and wages 1,270
Salaries and wages amount $70,233
Number of returns with taxable interest 450
Taxable interest amount $676
Number of returns with ordinary dividends 230
Ordinary dividends amount $742,000
Number of returns with qualified dividends 210
Qualified dividends amount [3] $474
Number of returns with state and local income tax refunds 30
State and local income tax refunds amount $20
Number of returns with business or professional net income (less loss) 250
Business or professional net income (less loss) amount $1,966,000
Number of returns with net capital gain (less loss) 210
Net capital gain (less loss) amount $723,000
Number of returns with taxable individual retirement arrangements distributions 180
Taxable individual retirement arrangements distributions amount $2,362,000
Number of returns with taxable pensions and annuities 400
Taxable pensions and annuities amount $8,877,000
Number of farm returns 120
Number of returns with unemployment compensation 110
Unemployment compensation amount [4] $383,000
Number of returns with taxable Social Security benefits 350
Taxable Social Security benefits amount $5,121,000
Number of returns with partnership/S-corp net income (less loss) 80
Partnership/S-corp net income (less loss) amount $326,000
Number of returns with total statutory adjustments 330
Total statutory adjustments amount $822,000
Number of returns with educator expenses 50
Educator expenses amount $14,000
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 $221,000
Number of returns with IRA payments 40
IRA payments amount $236,000
Number of returns with student loan interest deduction 100
Student loan interest deduction amount $92,000
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 $7,444,000
Amount of AGI for itemized returns $25,538,000
Number of returns with State and local income taxes 30
State and local income taxes amount $87,000
Number of returns with State and local general sales tax 330
State and local general sales tax amount $425,000
Number of returns with real estate taxes 300
Real estate taxes amount $985,000
Number of returns with taxes paid 400
Taxes paid amount $1,542,000
Number of returns with mortgage interest paid 230
Mortgage interest paid amount $1,291,000
Number of returns with contributions 280
Contributions amount $1,193,000
Number of returns with taxable income 1,470
Taxable income amount $57,628,000
Number of returns with income tax before credits 1,470
Income tax before credits amount $7,890,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 680
Total tax credits amount $1,015,000
Number of returns with foreign tax credit 80
Foreign tax credit amount $5,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $35,000
Number of returns with nonrefundable education credit 90
Nonrefundable education credit amount $91,000
Number of returns with retirement savings contribution credit 80
Retirement savings contribution credit amount $14,000
Number of returns with child tax credit 510
Child tax credit amount $855,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $11,000
Number of returns with self-employment tax 150
Self-employment tax amount $441,000
Number of returns with total tax payments 1,450
Total tax payments amount $10,212,000
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 90
Additional child tax credit amount $141,000
Number of returns with refundable education credit 70
Refundable education credit amount $50,000
Number of returns with income tax 1,380
Income tax amount [7] $6,875,000
Number of returns with tax liability 1,410
Total tax liability amount [8] $7,388,000
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 320
Tax due at time of filing amount [9] $731,000
Number of returns with overpayments refunded 1,130
Overpayments refunded amount [10] $3,457,000

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

Number of returns [1] 960
Number of single returns 150
Number of joint returns 770
Number of head of household returns 50
Number of returns with paid preparer's signature 640
Number of exemptions 2,510
Number of dependents 780
Adjust gross income (AGI) [2] $82,870,000
Number of returns with total income 960
Salaries and wages amount $83,591,000
Number of returns with salaries and wages 790
Salaries and wages amount $59,820
Number of returns with taxable interest 440
Taxable interest amount $872
Number of returns with ordinary dividends 250
Ordinary dividends amount $1,128,000
Number of returns with qualified dividends 220
Qualified dividends amount [3] $754
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) 180
Business or professional net income (less loss) amount $2,477,000
Number of returns with net capital gain (less loss) 230
Net capital gain (less loss) amount $1,195,000
Number of returns with taxable individual retirement arrangements distributions 170
Taxable individual retirement arrangements distributions amount $2,969,000
Number of returns with taxable pensions and annuities 320
Taxable pensions and annuities amount $8,513,000
Number of farm returns 130
Number of returns with unemployment compensation 60
Unemployment compensation amount [4] $221,000
Number of returns with taxable Social Security benefits 280
Taxable Social Security benefits amount $5,064,000
Number of returns with partnership/S-corp net income (less loss) 90
Partnership/S-corp net income (less loss) amount $1,321,000
Number of returns with total statutory adjustments 270
Total statutory adjustments amount $721,000
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 30
Self-employment health insurance deduction amount $163,000
Number of returns with IRA payments 0
IRA payments amount $0
Number of returns with student loan interest deduction 70
Student loan interest deduction amount $64,000
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 330
Total itemized deductions amount $7,254,000
Amount of AGI for itemized returns $28,963,000
Number of returns with State and local income taxes 30
State and local income taxes amount $99,000
Number of returns with State and local general sales tax 280
State and local general sales tax amount $476,000
Number of returns with real estate taxes 280
Real estate taxes amount $1,050,000
Number of returns with taxes paid 330
Taxes paid amount $1,659,000
Number of returns with mortgage interest paid 240
Mortgage interest paid amount $1,544,000
Number of returns with contributions 250
Contributions amount $1,102,000
Number of returns with taxable income 960
Taxable income amount $58,387,000
Number of returns with income tax before credits 950
Income tax before credits amount $8,316,000
Number of returns with alternative minimum tax 0
Alternative minimum tax amount $0
Number of returns with total tax credits 430
Total tax credits amount $705,000
Number of returns with foreign tax credit 70
Foreign tax credit amount $5,000
Number of returns with child and dependent care credit 70
Child and dependent care credit amount $46,000
Number of returns with nonrefundable education credit 70
Nonrefundable education credit amount $76,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 300
Child tax credit amount $555,000
Number of returns with residential energy tax credit 30
Residential energy tax credit amount $11,000
Number of returns with self-employment tax 140
Self-employment tax amount $449,000
Number of returns with total tax payments 940
Total tax payments amount $9,939,000
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 50
Refundable education credit amount $39,000
Number of returns with income tax 950
Income tax amount [7] $7,611,000
Number of returns with tax liability 950
Total tax liability amount [8] $8,099,000
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 250
Tax due at time of filing amount [9] $741,000
Number of returns with overpayments refunded 670
Overpayments refunded amount [10] $2,468,000

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

Number of returns [1] 950
Number of single returns 80
Number of joint returns 840
Number of head of household returns 0
Number of returns with paid preparer's signature 670
Number of exemptions 2,520
Number of dependents 730
Adjust gross income (AGI) [2] $124,039,000
Number of returns with total income 950
Salaries and wages amount $125,457,000
Number of returns with salaries and wages 820
Salaries and wages amount $84,931
Number of returns with taxable interest 550
Taxable interest amount $1,222
Number of returns with ordinary dividends 320
Ordinary dividends amount $2,033,000
Number of returns with qualified dividends 310
Qualified dividends amount [3] $1,385
Number of returns with state and local income tax refunds 40
State and local income tax refunds amount $47
Number of returns with business or professional net income (less loss) 210
Business or professional net income (less loss) amount $5,082,000
Number of returns with net capital gain (less loss) 330
Net capital gain (less loss) amount $4,205,000
Number of returns with taxable individual retirement arrangements distributions 170
Taxable individual retirement arrangements distributions amount $5,360,000
Number of returns with taxable pensions and annuities 330
Taxable pensions and annuities amount $10,008,000
Number of farm returns 170
Number of returns with unemployment compensation 70
Unemployment compensation amount [4] $203,000
Number of returns with taxable Social Security benefits 260
Taxable Social Security benefits amount $5,635,000
Number of returns with partnership/S-corp net income (less loss) 170
Partnership/S-corp net income (less loss) amount $3,900,000
Number of returns with total statutory adjustments 370
Total statutory adjustments amount $1,418,000
Number of returns with educator expenses 90
Educator expenses amount $24,000
Number of returns with self-employment retirement plans 30
Self-employment retirement plans amount $423,000
Number of returns with self-employment health insurance deduction 60
Self-employment health insurance deduction amount $368,000
Number of returns with IRA payments 30
IRA payments amount $236,000
Number of returns with student loan interest deduction 80
Student loan interest deduction amount $70,000
Number of returns with tuition and fees deduction 40
Tuition and fees deduction amount $64,000
Returns with domestic production activities deduction 0
Domestic production activities deduction amount $0
Number of returns with itemized deductions 540
Total itemized deductions amount $13,805,000
Amount of AGI for itemized returns $73,080,000
Number of returns with State and local income taxes 50
State and local income taxes amount $203,000
Number of returns with State and local general sales tax 460
State and local general sales tax amount $1,091,000
Number of returns with real estate taxes 490
Real estate taxes amount $2,282,000
Number of returns with taxes paid 540
Taxes paid amount $3,639,000
Number of returns with mortgage interest paid 400
Mortgage interest paid amount $3,098,000
Number of returns with contributions 450
Contributions amount $2,875,000
Number of returns with taxable income 950
Taxable income amount $95,470,000
Number of returns with income tax before credits 940
Income tax before credits amount $16,195,000
Number of returns with alternative minimum tax 30
Alternative minimum tax amount $54,000
Number of returns with total tax credits 420
Total tax credits amount $543,000
Number of returns with foreign tax credit 130
Foreign tax credit amount $14,000
Number of returns with child and dependent care credit 60
Child and dependent care credit amount $40,000
Number of returns with nonrefundable education credit 90
Nonrefundable education credit amount $113,000
Number of returns with retirement savings contribution credit 0
Retirement savings contribution credit amount $0
Number of returns with child tax credit 200
Child tax credit amount $289,000
Number of returns with residential energy tax credit 50
Residential energy tax credit amount $16,000
Number of returns with self-employment tax 160
Self-employment tax amount $795,000
Number of returns with total tax payments 930
Total tax payments amount $17,211,000
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 80
Refundable education credit amount $69,000
Number of returns with income tax 940
Income tax amount [7] $15,652,000
Number of returns with tax liability 940
Total tax liability amount [8] $16,588,000
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 370
Tax due at time of filing amount [9] $2,462,000
Number of returns with overpayments refunded 530
Overpayments refunded amount [10] $2,589,000

Adjusted Gross Income: $200,000 or more

Number of returns [1] 240
Number of single returns 30
Number of joint returns 210
Number of head of household returns 0
Number of returns with paid preparer's signature 210
Number of exemptions 600
Number of dependents 150
Adjust gross income (AGI) [2] $122,988,000
Number of returns with total income 240
Salaries and wages amount $125,352,000
Number of returns with salaries and wages 180
Salaries and wages amount $42,285
Number of returns with taxable interest 200
Taxable interest amount $2,777
Number of returns with ordinary dividends 150
Ordinary dividends amount $2,876,000
Number of returns with qualified dividends 140
Qualified dividends amount [3] $2,179
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 $7,908,000
Number of returns with net capital gain (less loss) 170
Net capital gain (less loss) amount $8,859,000
Number of returns with taxable individual retirement arrangements distributions 70
Taxable individual retirement arrangements distributions amount $3,902,000
Number of returns with taxable pensions and annuities 80
Taxable pensions and annuities amount $3,665,000
Number of farm returns 50
Number of returns with unemployment compensation 0
Unemployment compensation amount [4] $0
Number of returns with taxable Social Security benefits 80
Taxable Social Security benefits amount $2,009,000
Number of returns with partnership/S-corp net income (less loss) 130
Partnership/S-corp net income (less loss) amount $38,463,000
Number of returns with total statutory adjustments 130
Total statutory adjustments amount $2,363,000
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 $357,000
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 20
Domestic production activities deduction amount $602,000
Number of returns with itemized deductions 190
Total itemized deductions amount $12,366,000
Amount of AGI for itemized returns $97,177,000
Number of returns with State and local income taxes 20
State and local income taxes amount $352,000
Number of returns with State and local general sales tax 160
State and local general sales tax amount $606,000
Number of returns with real estate taxes 180
Real estate taxes amount $1,403,000
Number of returns with taxes paid 190
Taxes paid amount $2,395,000
Number of returns with mortgage interest paid 120
Mortgage interest paid amount $1,366,000
Number of returns with contributions 180
Contributions amount $3,621,000
Number of returns with taxable income 240
Taxable income amount $108,324,000
Number of returns with income tax before credits 240
Income tax before credits amount $32,251,000
Number of returns with alternative minimum tax 70
Alternative minimum tax amount $264,000
Number of returns with total tax credits 90
Total tax credits amount $413,000
Number of returns with foreign tax credit 80
Foreign tax credit amount $123,000
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 $751,000
Number of returns with total tax payments 240
Total tax payments amount $31,094,000
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 240
Income tax amount [7] $31,634,000
Number of returns with tax liability 240
Total tax liability amount [8] $33,194,000
Number of returns with Additional Medicare tax 60
Additional Medicare tax $99,000
Number of returns with net investment income tax 130
Net investment income tax $99,000
Number of returns with tax due at time of filing 120
Tax due at time of filing amount [9] $4,781,000
Number of returns with overpayments refunded 70
Overpayments refunded amount [10] $786,000

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

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

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

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

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

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

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

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

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

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