IRS Income Data for South Hill, VA 23970
View threads near South Hill, VA 23970 or Start a new South Hill VA 23970 thread
More about South Hill VA 23970
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 31% | 26% | 11% | 7% | 5% | 2% |
| Number of returns | 705 | 1,151 | 976 | 420 | 254 | 170 | 56 |
| Number of joint returns | 78 | 193 | 342 | 275 | 218 | 146 | 54 |
| Number of returns from paid preparer | 431 | 744 | 564 | 259 | 180 | 128 | 48 |
| Total number of exemptions | 854 | 2,161 | 1,973 | 959 | 662 | 447 | 165 |
| Total number of dependents | 180 | 525 | 387 | 158 | 117 | 84 | 30 |
| Adjusted gross income | $3,936 | $17,166 | $35,470 | $61,036 | $86,034 | $128,346 | $332,733 |
| Salaries and wages | $5,304 | $13,795 | $29,236 | $45,300 | $62,710 | $87,731 | $162,136 |
| Taxable interest | $374 | $500 | $822 | $2,117 | $2,899 | $4,513 | $16,781 |
| Ordinary dividends | $109 | $166 | $524 | $895 | $2,496 | $5,040 | $7,826 |
| Business or professional net income | $-85 | $660 | $375 | $707 | $1,411 | $3,801 | $970 |
| Net capital gain | $35 | $149 | $233 | $802 | $1,551 | $7,732 | $44,017 |
| Taxable individual retirement account distributions | $123 | $308 | $620 | $1,272 | $2,255 | $3,364 | $0 |
| Taxable pensions and annuities | $398 | $1,425 | $3,112 | $6,778 | $7,980 | $7,532 | $3,396 |
| Unemployment compensation | $77 | $275 | $147 | $159 | $139 | $0 | $0 |
| Taxable Social Security benefits | $0 | $63 | $1,054 | $3,380 | $4,386 | $4,493 | $6,169 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,025 | $1,230 | $4,351 | $6,633 | $12,480 | $21,414 | $48,826 |
| State and local income taxes | $81 | $41 | $412 | $1,083 | $2,478 | $5,586 | $20,189 |
| State and local general sales tax | $15 | $6 | $19 | $33 | $0 | $0 | $0 |
| Real estate taxes | $70 | $51 | $220 | $379 | $709 | $1,439 | $3,223 |
| Taxes paid | $186 | $113 | $736 | $1,635 | $3,504 | $7,598 | $24,322 |
| Mortgage interest paid | $398 | $286 | $1,431 | $2,166 | $4,548 | $7,072 | $12,505 |
| Contributions | $21 | $124 | $610 | $1,009 | $1,930 | $3,949 | $7,147 |
| Taxable income | $182 | $4,087 | $18,015 | $40,299 | $59,988 | $96,230 | $274,334 |
| Total tax credits | $0 | $78 | $363 | $539 | $773 | $481 | $96 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $42 | $259 | $446 | $510 | $272 | $0 |
| Child and dependent care credit | $0 | $9 | $33 | $29 | $61 | $93 | $0 |
| Earned income credit | $545 | $1,338 | $276 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $524 | $1,258 | $225 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,422 |
| Income tax | $17 | $354 | $1,810 | $5,039 | $7,709 | $15,696 | $69,432 |
| Total tax liability | $73 | $474 | $1,929 | $5,227 | $8,094 | $16,447 | $70,339 |
| Tax due at time of filing | $17 | $66 | $118 | $399 | $620 | $2,074 | $14,077 |
| Overpayments refunded | $-1,060 | $-2,461 | $-2,103 | $-1,933 | $-2,248 | $-2,523 | $-6,845 |
| Total Tax Liability / AGI | 2% | 3% | 5% | 9% | 9% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.