IRS Income Data for Loretto, PA 15940
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 19% | 26% | 17% | 11% | 8% | 0% |
| Number of returns | 167 | 156 | 211 | 137 | 89 | 65 | 0 |
| Number of joint returns | 16 | 48 | 87 | 111 | 84 | 60 | 0 |
| Number of returns from paid preparer | 76 | 79 | 129 | 82 | 50 | 48 | 0 |
| Total number of exemptions | 133 | 248 | 400 | 386 | 276 | 224 | 0 |
| Total number of dependents | 14 | 30 | 63 | 65 | 52 | 39 | 0 |
| Adjusted gross income | $3,719 | $17,736 | $37,633 | $61,484 | $86,220 | $146,186 | |
| Salaries and wages | $4,019 | $12,766 | $29,169 | $52,270 | $73,547 | $101,084 | |
| Taxable interest | $239 | $1,014 | $806 | $678 | $468 | $1,379 | |
| Ordinary dividends | $122 | $96 | $527 | $169 | $94 | $895 | |
| Business or professional net income | $-131 | $508 | $1,182 | $1,442 | $1,107 | $8,001 | |
| Net capital gain | $-37 | $-108 | $119 | $25 | $203 | $1,849 | |
| Taxable individual retirement account distributions | $0 | $0 | $782 | $0 | $1,615 | $0 | |
| Taxable pensions and annuities | $310 | $2,349 | $3,137 | $4,575 | $5,854 | $4,082 | |
| Unemployment compensation | $0 | $630 | $457 | $666 | $458 | $862 | |
| Taxable Social Security benefits | $0 | $0 | $929 | $1,458 | $2,688 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $1,855 | $4,289 | $6,824 | $15,946 | |
| State and local income taxes | $0 | $0 | $189 | $669 | $1,423 | $4,354 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $186 | $517 | $686 | $1,607 | |
| Taxes paid | $0 | $0 | $426 | $1,215 | $2,146 | $6,008 | |
| Mortgage interest paid | $0 | $0 | $334 | $2,045 | $2,426 | $5,741 | |
| Contributions | $0 | $0 | $119 | $321 | $605 | $1,411 | |
| Taxable income | $382 | $5,514 | $21,919 | $39,405 | $61,275 | $115,588 | |
| Total tax credits | $0 | $69 | $348 | $933 | $1,264 | $968 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $222 | $731 | $933 | $765 | |
| Child and dependent care credit | $0 | $0 | $23 | $0 | $132 | $0 | |
| Earned income credit | $164 | $581 | $113 | $0 | $0 | $0 | |
| Excess earned income credit | $155 | $543 | $78 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $38 | $529 | $2,408 | $4,367 | $7,328 | $21,430 | |
| Total tax liability | $94 | $691 | $2,667 | $4,645 | $7,843 | $23,293 | |
| Tax due at time of filing | $17 | $0 | $112 | $153 | $148 | $1,546 | |
| Overpayments refunded | $-459 | $-1,645 | $-1,624 | $-2,707 | $-3,288 | $-3,318 | |
| Total Tax Liability / AGI | 3% | 4% | 7% | 8% | 9% | 16% |
All numbers in the table are 2010 averages for that income class and zip code.
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