IRS Income Data for Lottsburg, VA 22511
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 27% | 22% | 13% | 8% | 10% | 2% |
| Number of returns | 115 | 178 | 147 | 85 | 56 | 65 | 16 |
| Number of joint returns | 25 | 69 | 65 | 61 | 47 | 57 | 15 |
| Number of returns from paid preparer | 68 | 121 | 95 | 61 | 31 | 33 | 14 |
| Total number of exemptions | 163 | 443 | 273 | 187 | 126 | 149 | 32 |
| Total number of dependents | 27 | 92 | 41 | 23 | 13 | 14 | 0 |
| Adjusted gross income | $2,140 | $17,088 | $34,937 | $62,446 | $85,001 | $133,091 | $316,933 |
| Salaries and wages | $6,720 | $12,462 | $21,487 | $30,811 | $35,668 | $58,287 | $0 |
| Taxable interest | $436 | $887 | $2,061 | $3,095 | $4,738 | $12,844 | $20,709 |
| Ordinary dividends | $200 | $339 | $974 | $2,029 | $3,142 | $7,495 | $18,053 |
| Business or professional net income | $-435 | $498 | $1,259 | $0 | $1,411 | $7,040 | $0 |
| Net capital gain | $-220 | $-55 | $469 | $-38 | $-443 | $1,804 | $40,222 |
| Taxable individual retirement account distributions | $0 | $790 | $880 | $3,067 | $0 | $7,891 | $0 |
| Taxable pensions and annuities | $907 | $2,311 | $6,035 | $16,209 | $25,054 | $43,521 | $0 |
| Unemployment compensation | $0 | $217 | $0 | $0 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $285 | $1,627 | $6,772 | $8,773 | $10,042 | $16,321 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $3,740 | $1,081 | $6,224 | $9,838 | $12,089 | $25,109 | $42,704 |
| State and local income taxes | $113 | $0 | $446 | $1,657 | $1,849 | $6,268 | $12,414 |
| State and local general sales tax | $28 | $0 | $39 | $0 | $0 | $0 | $0 |
| Real estate taxes | $187 | $96 | $277 | $826 | $1,003 | $2,531 | $3,192 |
| Taxes paid | $435 | $126 | $855 | $2,659 | $3,144 | $9,206 | $16,545 |
| Mortgage interest paid | $2,899 | $0 | $1,832 | $3,587 | $4,374 | $9,957 | $0 |
| Contributions | $201 | $0 | $450 | $1,485 | $1,596 | $3,724 | $5,123 |
| Taxable income | $0 | $3,706 | $17,968 | $39,017 | $58,995 | $98,309 | $267,562 |
| Total tax credits | $0 | $55 | $267 | $427 | $438 | $250 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $27 | $195 | $328 | $417 | $0 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Earned income credit | $323 | $591 | $138 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $285 | $536 | $88 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,665 |
| Income tax | $0 | $336 | $1,802 | $4,874 | $7,790 | $17,019 | $58,119 |
| Total tax liability | $179 | $458 | $2,120 | $5,113 | $8,415 | $18,393 | $62,862 |
| Tax due at time of filing | $0 | $28 | $330 | $432 | $320 | $4,585 | $0 |
| Overpayments refunded | $-807 | $-1,796 | $-1,508 | $-2,122 | $-1,927 | $-3,120 | $0 |
| Total Tax Liability / AGI | 8% | 3% | 6% | 8% | 10% | 14% | 20% |
All numbers in the table are 2010 averages for that income class and zip code.
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