IRS Income Data for Elkwood, VA 22718
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 16% | 21% | 25% | 18% | 10% | 9% | 0% |
| Number of returns | 50 | 67 | 80 | 56 | 33 | 30 | 0 |
| Number of joint returns | 12 | 16 | 23 | 35 | 24 | 28 | 0 |
| Number of returns from paid preparer | 19 | 35 | 59 | 31 | 22 | 17 | 0 |
| Total number of exemptions | 65 | 116 | 163 | 133 | 83 | 74 | 0 |
| Total number of dependents | 0 | 25 | 36 | 22 | 13 | 11 | 0 |
| Adjusted gross income | $3,772 | $17,454 | $36,348 | $62,030 | $87,419 | $196,360 | |
| Salaries and wages | $5,924 | $12,668 | $30,293 | $54,947 | $68,330 | $95,232 | |
| Taxable interest | $0 | $1,255 | $436 | $644 | $375 | $707 | |
| Ordinary dividends | $0 | $135 | $210 | $0 | $649 | $0 | |
| Business or professional net income | $793 | $2,563 | $0 | $0 | $2,670 | $0 | |
| Net capital gain | $0 | $0 | $295 | $0 | $0 | $0 | |
| Taxable individual retirement account distributions | $0 | $659 | $0 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $5,672 | $0 | $8,446 | $0 | $12,645 | |
| Unemployment compensation | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $2,183 | $0 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $3,957 | $5,318 | $10,559 | $15,775 | $32,740 | |
| State and local income taxes | $0 | $0 | $431 | $1,457 | $3,217 | $8,565 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $411 | $410 | $968 | $1,321 | $3,291 | |
| Taxes paid | $0 | $663 | $951 | $2,636 | $5,250 | $11,363 | |
| Mortgage interest paid | $1,939 | $0 | $2,593 | $5,773 | $7,096 | $11,630 | |
| Contributions | $0 | $703 | $0 | $315 | $1,042 | $3,503 | |
| Taxable income | $279 | $5,000 | $19,160 | $38,608 | $60,499 | $153,943 | |
| Total tax credits | $0 | $78 | $301 | $520 | $701 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $263 | $476 | $615 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $265 | $616 | $332 | $0 | $0 | $0 | |
| Excess earned income credit | $0 | $635 | $239 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $28 | $459 | $2,082 | $4,966 | $8,361 | $26,049 | |
| Total tax liability | $200 | $670 | $2,367 | $4,916 | $8,828 | $26,185 | |
| Tax due at time of filing | $0 | $0 | $456 | $0 | $0 | $0 | |
| Overpayments refunded | $-595 | $-1,661 | $-2,381 | $-2,614 | $-2,592 | $-2,987 | |
| Total Tax Liability / AGI | 5% | 4% | 7% | 8% | 10% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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