IRS Income Data for Montgomery Center, VT 05471
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 25% | 21% | 16% | 8% | 7% | 0% |
| Number of returns | 90 | 97 | 80 | 60 | 31 | 26 | 0 |
| Number of joint returns | 17 | 23 | 34 | 46 | 22 | 20 | 0 |
| Number of returns from paid preparer | 56 | 59 | 46 | 41 | 16 | 23 | 0 |
| Total number of exemptions | 106 | 188 | 161 | 152 | 64 | 64 | 0 |
| Total number of dependents | 10 | 32 | 24 | 30 | 0 | 11 | 0 |
| Adjusted gross income | $2,574 | $16,674 | $36,348 | $60,958 | $85,524 | $147,394 | |
| Salaries and wages | $3,435 | $10,119 | $27,164 | $51,713 | $53,741 | $70,390 | |
| Taxable interest | $294 | $382 | $645 | $428 | $668 | $461 | |
| Ordinary dividends | $94 | $159 | $337 | $120 | $5,145 | $0 | |
| Business or professional net income | $975 | $3,039 | $3,447 | $791 | $5,917 | $0 | |
| Net capital gain | $-280 | $0 | $1,331 | $0 | $-294 | $0 | |
| Taxable individual retirement account distributions | $0 | $0 | $1,791 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $1,264 | $2,552 | $4,518 | $10,734 | $0 | |
| Unemployment compensation | $0 | $1,394 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $857 | $4,413 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,343 | $0 | $4,542 | $6,067 | $13,873 | $17,956 | |
| State and local income taxes | $0 | $0 | $354 | $1,039 | $2,353 | $6,410 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $528 | $950 | $2,203 | $4,084 | |
| Taxes paid | $0 | $209 | $874 | $2,063 | $4,644 | $10,887 | |
| Mortgage interest paid | $0 | $0 | $2,518 | $2,874 | $3,548 | $5,348 | |
| Contributions | $0 | $0 | $137 | $187 | $1,086 | $827 | |
| Taxable income | $0 | $4,169 | $19,036 | $39,310 | $60,652 | $116,902 | |
| Total tax credits | $0 | $69 | $331 | $669 | $562 | $467 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $42 | $195 | $616 | $0 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $267 | $1,108 | $0 | $0 | $0 | $0 | |
| Excess earned income credit | $163 | $832 | $0 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $371 | $1,949 | $4,650 | $8,551 | $18,656 | |
| Total tax liability | $226 | $801 | $2,578 | $4,858 | $9,455 | $19,792 | |
| Tax due at time of filing | $78 | $0 | $411 | $218 | $1,683 | $0 | |
| Overpayments refunded | $-523 | $-1,593 | $-1,705 | $-2,320 | $-2,630 | $-2,800 | |
| Total Tax Liability / AGI | 9% | 5% | 7% | 8% | 11% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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