IRS Income Data for North Franklin, CT 06254
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More about North Franklin CT 06254
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 15% | 14% | 18% | 19% | 14% | 17% | 2% |
| Number of returns | 147 | 138 | 176 | 179 | 139 | 160 | 24 |
| Number of joint returns | 11 | 26 | 44 | 103 | 107 | 149 | 22 |
| Number of returns from paid preparer | 59 | 71 | 73 | 88 | 85 | 95 | 19 |
| Total number of exemptions | 100 | 195 | 276 | 389 | 345 | 469 | 63 |
| Total number of dependents | 10 | 22 | 35 | 64 | 63 | 81 | 11 |
| Adjusted gross income | $2,780 | $17,398 | $36,640 | $62,382 | $86,335 | $130,343 | $358,146 |
| Salaries and wages | $4,646 | $10,196 | $29,138 | $47,612 | $63,469 | $103,882 | $230,432 |
| Taxable interest | $269 | $939 | $573 | $940 | $996 | $2,404 | $8,134 |
| Ordinary dividends | $97 | $483 | $298 | $395 | $1,666 | $993 | $4,400 |
| Business or professional net income | $-78 | $1,009 | $510 | $1,386 | $5,169 | $3,529 | $0 |
| Net capital gain | $16 | $-107 | $48 | $312 | $274 | $2,321 | $15,582 |
| Taxable individual retirement account distributions | $0 | $688 | $1,088 | $1,407 | $2,017 | $2,361 | $0 |
| Taxable pensions and annuities | $725 | $3,152 | $3,620 | $6,737 | $8,342 | $9,612 | $0 |
| Unemployment compensation | $0 | $640 | $847 | $509 | $645 | $753 | $0 |
| Taxable Social Security benefits | $0 | $182 | $1,140 | $2,844 | $2,541 | $3,501 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,316 | $1,881 | $4,351 | $9,844 | $14,220 | $20,193 | $38,571 |
| State and local income taxes | $0 | $0 | $317 | $1,526 | $2,660 | $5,524 | $16,453 |
| State and local general sales tax | $0 | $53 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $239 | $368 | $813 | $1,865 | $2,410 | $3,609 | $6,866 |
| Taxes paid | $308 | $468 | $1,243 | $3,684 | $5,480 | $9,720 | $23,731 |
| Mortgage interest paid | $0 | $1,210 | $2,270 | $4,210 | $6,409 | $7,391 | $11,491 |
| Contributions | $0 | $0 | $150 | $515 | $1,093 | $1,602 | $4,490 |
| Taxable income | $441 | $5,589 | $21,521 | $40,882 | $60,296 | $98,431 | $310,221 |
| Total tax credits | $0 | $69 | $210 | $528 | $700 | $475 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $161 | $361 | $556 | $376 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $57 | $0 | $31 | $0 |
| Earned income credit | $64 | $423 | $100 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $59 | $320 | $95 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $1,773 |
| Income tax | $42 | $534 | $2,587 | $5,299 | $8,206 | $16,893 | $80,234 |
| Total tax liability | $77 | $742 | $2,841 | $5,641 | $9,213 | $17,583 | $82,617 |
| Tax due at time of filing | $19 | $31 | $222 | $250 | $631 | $928 | $8,670 |
| Overpayments refunded | $-398 | $-1,305 | $-1,821 | $-2,205 | $-3,198 | $-3,300 | $0 |
| Total Tax Liability / AGI | 3% | 4% | 8% | 9% | 11% | 13% | 23% |
All numbers in the table are 2010 averages for that income class and zip code.
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