IRS Income Data for Montgomery Village, MD 20886
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 15% | 18% | 25% | 16% | 10% | 14% | 3% |
| Number of returns | 2,435 | 2,973 | 4,017 | 2,577 | 1,566 | 2,226 | 456 |
| Number of joint returns | 138 | 365 | 786 | 851 | 836 | 1,673 | 400 |
| Number of returns from paid preparer | 1,108 | 1,590 | 2,095 | 1,297 | 735 | 910 | 231 |
| Total number of exemptions | 2,358 | 5,059 | 7,368 | 5,056 | 3,474 | 5,831 | 1,263 |
| Total number of dependents | 372 | 1,127 | 1,475 | 948 | 605 | 1,053 | 224 |
| Adjusted gross income | $4,187 | $17,473 | $36,780 | $61,165 | $86,612 | $134,584 | $297,333 |
| Salaries and wages | $4,348 | $14,978 | $33,166 | $53,186 | $71,683 | $113,011 | $221,248 |
| Taxable interest | $113 | $171 | $309 | $656 | $1,151 | $1,799 | $4,405 |
| Ordinary dividends | $99 | $113 | $227 | $476 | $936 | $2,022 | $5,566 |
| Business or professional net income | $272 | $1,388 | $721 | $885 | $1,553 | $2,693 | $14,519 |
| Net capital gain | $-55 | $-14 | $15 | $-88 | $148 | $753 | $4,976 |
| Taxable individual retirement account distributions | $74 | $200 | $335 | $722 | $1,545 | $1,628 | $5,948 |
| Taxable pensions and annuities | $186 | $639 | $1,518 | $3,745 | $6,514 | $9,086 | $17,114 |
| Unemployment compensation | $52 | $271 | $241 | $135 | $191 | $160 | $0 |
| Taxable Social Security benefits | $0 | $38 | $409 | $1,289 | $2,336 | $2,215 | $3,025 |
| Self-employment retirement plans | $0 | $27 | $0 | $23 | $75 | $210 | $2,120 |
| Total itemized deductions | $1,261 | $3,894 | $9,785 | $16,045 | $21,922 | $30,026 | $50,175 |
| State and local income taxes | $68 | $239 | $1,121 | $2,898 | $4,886 | $8,830 | $23,133 |
| State and local general sales tax | $8 | $16 | $15 | $26 | $11 | $13 | $0 |
| Real estate taxes | $132 | $257 | $674 | $1,438 | $1,937 | $2,976 | $4,594 |
| Taxes paid | $273 | $526 | $1,855 | $4,434 | $6,886 | $11,888 | $27,843 |
| Mortgage interest paid | $627 | $1,456 | $4,118 | $7,252 | $10,094 | $12,672 | $14,921 |
| Contributions | $19 | $260 | $790 | $1,512 | $2,078 | $2,930 | $6,513 |
| Taxable income | $240 | $4,586 | $17,836 | $36,533 | $55,658 | $94,832 | $238,637 |
| Total tax credits | $0 | $114 | $392 | $509 | $643 | $410 | $128 |
| Residential energy tax credit | $0 | $0 | $2 | $0 | $10 | $0 | $0 |
| Child tax credit | $0 | $31 | $207 | $363 | $409 | $263 | $0 |
| Child and dependent care credit | $0 | $7 | $39 | $36 | $44 | $64 | $42 |
| Earned income credit | $297 | $988 | $188 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $244 | $821 | $156 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $7 | $14 | $115 | $3,617 |
| Income tax | $23 | $384 | $1,887 | $4,955 | $8,258 | $17,014 | $61,617 |
| Total tax liability | $160 | $653 | $2,059 | $5,191 | $8,670 | $17,521 | $63,699 |
| Tax due at time of filing | $64 | $95 | $140 | $268 | $420 | $858 | $6,805 |
| Overpayments refunded | $-604 | $-2,025 | $-2,210 | $-2,789 | $-3,070 | $-3,254 | $-3,492 |
| Total Tax Liability / AGI | 4% | 4% | 6% | 8% | 10% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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