IRS Income Data for Midland, MD 21542
View threads near Midland, MD 21542 or Start a new Midland MD 21542 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 31% | 28% | 14% | 6% | 7% | 0% |
| Number of returns | 35 | 78 | 70 | 36 | 16 | 17 | 0 |
| Number of joint returns | 0 | 20 | 30 | 25 | 14 | 16 | 0 |
| Number of returns from paid preparer | 12 | 28 | 35 | 30 | 0 | 10 | 0 |
| Total number of exemptions | 34 | 117 | 143 | 85 | 39 | 43 | 0 |
| Total number of dependents | 0 | 18 | 22 | 14 | 11 | 0 | 0 |
| Adjusted gross income | $4,320 | $17,009 | $36,406 | $62,041 | $83,896 | $118,324 | |
| Salaries and wages | $3,056 | $10,331 | $29,505 | $51,804 | $67,119 | $112,882 | |
| Taxable interest | $0 | $460 | $408 | $457 | $241 | $218 | |
| Ordinary dividends | $0 | $223 | $0 | $161 | $0 | $0 | |
| Business or professional net income | $0 | $118 | $0 | $0 | $0 | $0 | |
| Net capital gain | $0 | $-15 | $0 | $0 | $0 | $0 | |
| Taxable individual retirement account distributions | $0 | $392 | $0 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $4,586 | $3,925 | $7,690 | $0 | $0 | |
| Unemployment compensation | $0 | $710 | $770 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $2,938 | $0 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $3,088 | $5,484 | $0 | $14,127 | |
| State and local income taxes | $0 | $0 | $483 | $1,982 | $0 | $7,366 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $143 | $433 | $0 | $1,332 | |
| Taxes paid | $0 | $0 | $770 | $2,415 | $0 | $8,770 | |
| Mortgage interest paid | $0 | $0 | $1,394 | $0 | $0 | $2,975 | |
| Contributions | $0 | $0 | $179 | $0 | $0 | $1,563 | |
| Taxable income | $0 | $5,115 | $19,811 | $42,064 | $63,113 | $93,323 | |
| Total tax credits | $0 | $15 | $278 | $652 | $0 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $190 | $489 | $0 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $312 | $662 | $0 | $0 | $0 | $0 | |
| Excess earned income credit | $312 | $581 | $0 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $503 | $2,201 | $5,550 | $8,666 | $15,721 | |
| Total tax liability | $0 | $579 | $2,246 | $5,593 | $8,943 | $15,919 | |
| Tax due at time of filing | $0 | $41 | $0 | $0 | $0 | $0 | |
| Overpayments refunded | $-603 | $-1,386 | $-1,867 | $-2,096 | $-1,912 | $-2,379 | |
| Total Tax Liability / AGI | 0% | 3% | 6% | 9% | 11% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.