IRS Income Data for Grottoes, VA 24441
View threads near Grottoes, VA 24441 or Start a new Grottoes VA 24441 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 15% | 25% | 29% | 17% | 9% | 4% | 0% |
| Number of returns | 419 | 682 | 794 | 474 | 247 | 119 | 11 |
| Number of joint returns | 51 | 138 | 348 | 376 | 232 | 108 | 11 |
| Number of returns from paid preparer | 215 | 372 | 440 | 270 | 131 | 81 | 11 |
| Total number of exemptions | 459 | 1,151 | 1,651 | 1,254 | 714 | 320 | 25 |
| Total number of dependents | 75 | 219 | 284 | 228 | 140 | 55 | 0 |
| Adjusted gross income | $4,707 | $17,661 | $36,582 | $61,381 | $85,750 | $127,897 | $373,138 |
| Salaries and wages | $4,292 | $14,484 | $30,426 | $52,252 | $74,268 | $88,671 | $0 |
| Taxable interest | $337 | $370 | $322 | $923 | $557 | $2,614 | $0 |
| Ordinary dividends | $44 | $171 | $281 | $178 | $479 | $2,701 | $0 |
| Business or professional net income | $331 | $712 | $666 | $1,060 | $980 | $5,266 | $0 |
| Net capital gain | $-1 | $1 | $68 | $162 | $390 | $3,953 | $0 |
| Taxable individual retirement account distributions | $188 | $267 | $662 | $1,520 | $1,704 | $5,609 | $0 |
| Taxable pensions and annuities | $388 | $1,580 | $2,943 | $3,073 | $4,665 | $9,306 | $0 |
| Unemployment compensation | $49 | $201 | $143 | $114 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $79 | $874 | $1,931 | $1,965 | $4,058 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $612 | $1,337 | $3,238 | $8,267 | $13,036 | $22,655 | $0 |
| State and local income taxes | $0 | $53 | $396 | $1,285 | $2,681 | $6,145 | $0 |
| State and local general sales tax | $0 | $15 | $12 | $0 | $0 | $0 | $0 |
| Real estate taxes | $39 | $57 | $218 | $512 | $836 | $1,357 | $0 |
| Taxes paid | $109 | $125 | $672 | $1,936 | $3,732 | $7,765 | $0 |
| Mortgage interest paid | $0 | $498 | $1,761 | $4,170 | $6,723 | $8,007 | $0 |
| Contributions | $0 | $123 | $319 | $888 | $1,593 | $4,044 | $0 |
| Taxable income | $218 | $5,290 | $19,584 | $38,285 | $59,083 | $96,424 | $332,683 |
| Total tax credits | $0 | $78 | $360 | $755 | $984 | $454 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $45 | $285 | $646 | $728 | $372 | $0 |
| Child and dependent care credit | $0 | $0 | $21 | $36 | $57 | $0 | $0 |
| Earned income credit | $407 | $908 | $217 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $354 | $830 | $186 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $405 | $0 |
| Income tax | $20 | $499 | $2,040 | $4,428 | $7,291 | $16,496 | $82,693 |
| Total tax liability | $119 | $656 | $2,231 | $4,704 | $7,586 | $17,739 | $82,860 |
| Tax due at time of filing | $34 | $51 | $145 | $351 | $395 | $3,990 | $0 |
| Overpayments refunded | $-788 | $-2,057 | $-2,052 | $-2,401 | $-2,649 | $-2,147 | $0 |
| Total Tax Liability / AGI | 3% | 4% | 6% | 8% | 9% | 14% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.