IRS Income Data for Savage, MD 20763
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 20% | 26% | 13% | 9% | 8% | 1% |
| Number of returns | 322 | 289 | 365 | 184 | 124 | 113 | 18 |
| Number of joint returns | 19 | 40 | 97 | 63 | 79 | 87 | 14 |
| Number of returns from paid preparer | 82 | 136 | 183 | 83 | 56 | 56 | 14 |
| Total number of exemptions | 328 | 488 | 745 | 353 | 314 | 295 | 40 |
| Total number of dependents | 33 | 99 | 148 | 67 | 60 | 64 | 0 |
| Adjusted gross income | $5,141 | $16,513 | $36,229 | $61,639 | $86,672 | $131,759 | $308,303 |
| Salaries and wages | $5,589 | $14,041 | $32,681 | $54,125 | $80,274 | $115,245 | $204,234 |
| Taxable interest | $29 | $193 | $194 | $764 | $689 | $1,598 | $1,766 |
| Ordinary dividends | $0 | $67 | $26 | $138 | $286 | $660 | $0 |
| Business or professional net income | $-79 | $969 | $820 | $-119 | $462 | $2,266 | $0 |
| Net capital gain | $0 | $-134 | $-31 | $-61 | $26 | $-109 | $0 |
| Taxable individual retirement account distributions | $0 | $292 | $116 | $362 | $0 | $890 | $0 |
| Taxable pensions and annuities | $0 | $1,089 | $1,905 | $4,619 | $2,990 | $7,501 | $0 |
| Unemployment compensation | $0 | $269 | $401 | $0 | $408 | $0 | $0 |
| Taxable Social Security benefits | $0 | $0 | $333 | $2,456 | $0 | $1,454 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $810 | $2,006 | $5,492 | $11,303 | $16,888 | $26,615 | $54,555 |
| State and local income taxes | $0 | $201 | $711 | $1,976 | $4,186 | $8,180 | $24,321 |
| State and local general sales tax | $0 | $33 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $162 | $336 | $1,165 | $1,788 | $2,868 | $5,343 |
| Taxes paid | $121 | $306 | $1,145 | $3,277 | $5,982 | $11,180 | $29,737 |
| Mortgage interest paid | $0 | $638 | $989 | $3,165 | $6,707 | $10,374 | $19,743 |
| Contributions | $0 | $180 | $1,026 | $1,187 | $1,791 | $2,631 | $3,964 |
| Taxable income | $167 | $4,274 | $18,770 | $39,831 | $58,330 | $94,810 | $246,734 |
| Total tax credits | $0 | $92 | $512 | $547 | $793 | $360 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $32 | $291 | $379 | $627 | $300 | $0 |
| Child and dependent care credit | $0 | $0 | $56 | $61 | $60 | $53 | $0 |
| Earned income credit | $295 | $895 | $221 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $264 | $809 | $193 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $2,458 |
| Income tax | $16 | $366 | $1,886 | $5,424 | $8,358 | $16,917 | $64,403 |
| Total tax liability | $84 | $530 | $2,063 | $5,492 | $8,504 | $17,398 | $65,999 |
| Tax due at time of filing | $19 | $83 | $158 | $234 | $351 | $1,995 | $0 |
| Overpayments refunded | $-958 | $-2,090 | $-2,214 | $-2,671 | $-2,757 | $-2,471 | $0 |
| Total Tax Liability / AGI | 2% | 3% | 6% | 9% | 10% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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