IRS Income Data for Bellows Falls, VT 05101
View threads near Bellows Falls, VT 05101 or Start a new Bellows Falls VT 05101 thread
More about Bellows Falls VT 05101
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 25% | 26% | 26% | 11% | 6% | 5% | 1% |
| Number of returns | 540 | 560 | 571 | 246 | 137 | 102 | 14 |
| Number of joint returns | 57 | 114 | 183 | 176 | 117 | 86 | 12 |
| Number of returns from paid preparer | 217 | 297 | 344 | 148 | 81 | 74 | 12 |
| Total number of exemptions | 594 | 872 | 1,116 | 600 | 364 | 251 | 46 |
| Total number of dependents | 72 | 139 | 207 | 100 | 64 | 46 | 0 |
| Adjusted gross income | $3,414 | $17,315 | $35,766 | $60,920 | $85,397 | $126,592 | $315,418 |
| Salaries and wages | $3,205 | $13,610 | $30,043 | $50,444 | $72,518 | $83,807 | $139,511 |
| Taxable interest | $189 | $312 | $348 | $865 | $1,027 | $2,518 | $1,543 |
| Ordinary dividends | $119 | $275 | $356 | $542 | $570 | $4,288 | $0 |
| Business or professional net income | $40 | $873 | $1,210 | $2,195 | $2,523 | $6,586 | $0 |
| Net capital gain | $-55 | $47 | $250 | $379 | $594 | $7,684 | $0 |
| Taxable individual retirement account distributions | $121 | $407 | $354 | $1,062 | $1,163 | $6,188 | $0 |
| Taxable pensions and annuities | $494 | $1,660 | $1,828 | $2,454 | $3,829 | $8,951 | $0 |
| Unemployment compensation | $117 | $444 | $582 | $467 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $105 | $700 | $2,400 | $2,120 | $3,439 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $261 | $788 | $1,993 | $4,539 | $8,167 | $14,798 | $47,633 |
| State and local income taxes | $0 | $33 | $202 | $657 | $1,824 | $3,884 | $14,905 |
| State and local general sales tax | $0 | $7 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $122 | $434 | $1,004 | $1,873 | $3,082 | $5,651 |
| Taxes paid | $107 | $212 | $651 | $1,686 | $3,793 | $7,025 | $20,688 |
| Mortgage interest paid | $0 | $212 | $819 | $1,649 | $3,045 | $3,910 | $0 |
| Contributions | $0 | $30 | $100 | $252 | $573 | $1,749 | $4,057 |
| Taxable income | $129 | $5,544 | $20,207 | $40,354 | $62,190 | $99,092 | $258,047 |
| Total tax credits | $0 | $69 | $375 | $668 | $929 | $324 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $32 | $268 | $532 | $602 | $234 | $0 |
| Child and dependent care credit | $0 | $0 | $22 | $21 | $61 | $0 | $0 |
| Earned income credit | $283 | $729 | $232 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $256 | $659 | $188 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $4,006 |
| Income tax | $12 | $532 | $2,152 | $4,937 | $8,214 | $16,878 | $65,705 |
| Total tax liability | $90 | $712 | $2,442 | $5,388 | $8,786 | $17,854 | $69,198 |
| Tax due at time of filing | $22 | $62 | $125 | $243 | $329 | $2,034 | $0 |
| Overpayments refunded | $-571 | $-1,877 | $-2,048 | $-2,214 | $-3,045 | $-3,056 | $0 |
| Total Tax Liability / AGI | 3% | 4% | 7% | 9% | 10% | 14% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.