IRS Income Data for Takoma Park, MD 20912
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 16% | 23% | 28% | 12% | 7% | 11% | 4% |
| Number of returns | 1,896 | 2,745 | 3,308 | 1,455 | 797 | 1,349 | 432 |
| Number of joint returns | 84 | 272 | 518 | 426 | 386 | 972 | 387 |
| Number of returns from paid preparer | 1,068 | 1,666 | 1,859 | 728 | 407 | 644 | 264 |
| Total number of exemptions | 1,879 | 4,411 | 5,686 | 2,673 | 1,682 | 3,539 | 1,335 |
| Total number of dependents | 249 | 944 | 1,151 | 489 | 297 | 724 | 294 |
| Adjusted gross income | $4,242 | $17,554 | $36,201 | $61,004 | $86,463 | $139,577 | $334,032 |
| Salaries and wages | $4,283 | $14,807 | $32,598 | $52,320 | $71,784 | $118,955 | $216,537 |
| Taxable interest | $146 | $155 | $313 | $810 | $1,121 | $1,387 | $5,575 |
| Ordinary dividends | $126 | $158 | $219 | $763 | $1,268 | $2,491 | $10,748 |
| Business or professional net income | $930 | $1,627 | $1,048 | $1,842 | $3,740 | $6,951 | $16,965 |
| Net capital gain | $-64 | $14 | $74 | $12 | $334 | $896 | $35,520 |
| Taxable individual retirement account distributions | $30 | $103 | $146 | $611 | $843 | $1,149 | $1,289 |
| Taxable pensions and annuities | $214 | $783 | $1,579 | $3,820 | $5,199 | $5,506 | $7,166 |
| Unemployment compensation | $50 | $257 | $218 | $262 | $111 | $84 | $0 |
| Taxable Social Security benefits | $0 | $51 | $347 | $1,085 | $1,661 | $1,340 | $911 |
| Self-employment retirement plans | $0 | $0 | $46 | $106 | $228 | $692 | $5,272 |
| Total itemized deductions | $896 | $3,167 | $7,710 | $13,754 | $20,287 | $32,431 | $60,399 |
| State and local income taxes | $64 | $239 | $986 | $2,554 | $4,615 | $9,657 | $28,737 |
| State and local general sales tax | $3 | $11 | $14 | $12 | $0 | $0 | $0 |
| Real estate taxes | $137 | $236 | $487 | $1,524 | $2,704 | $4,715 | $6,808 |
| Taxes paid | $210 | $503 | $1,536 | $4,147 | $7,395 | $14,459 | $35,607 |
| Mortgage interest paid | $398 | $677 | $1,566 | $4,429 | $7,627 | $12,896 | $16,753 |
| Contributions | $21 | $357 | $1,070 | $1,821 | $2,198 | $2,708 | $7,302 |
| Taxable income | $205 | $5,123 | $18,976 | $38,247 | $57,160 | $97,834 | $264,036 |
| Total tax credits | $1 | $139 | $446 | $491 | $618 | $402 | $556 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $38 | $201 | $307 | $420 | $220 | $0 |
| Child and dependent care credit | $0 | $9 | $43 | $44 | $57 | $86 | $97 |
| Earned income credit | $330 | $893 | $174 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $252 | $743 | $139 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $45 | $179 | $5,525 |
| Income tax | $23 | $419 | $1,987 | $5,348 | $8,735 | $17,813 | $66,171 |
| Total tax liability | $217 | $687 | $2,213 | $5,725 | $9,481 | $19,044 | $70,255 |
| Tax due at time of filing | $94 | $102 | $184 | $362 | $553 | $1,010 | $5,007 |
| Overpayments refunded | $-627 | $-1,901 | $-2,024 | $-2,443 | $-2,804 | $-3,228 | $-6,629 |
| Total Tax Liability / AGI | 5% | 4% | 6% | 9% | 11% | 14% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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