IRS Income Data for Lake, WV 25121
View threads near Lake, WV 25121 or Start a new Lake WV 25121 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 16% | 24% | 27% | 17% | 12% | 5% | 0% |
| Number of returns | 43 | 63 | 72 | 45 | 31 | 12 | 0 |
| Number of joint returns | 0 | 28 | 44 | 28 | 25 | 11 | 0 |
| Number of returns from paid preparer | 25 | 32 | 41 | 29 | 22 | 0 | 0 |
| Total number of exemptions | 59 | 119 | 166 | 108 | 87 | 31 | 0 |
| Total number of dependents | 13 | 23 | 30 | 21 | 27 | 0 | 0 |
| Adjusted gross income | $4,882 | $15,624 | $36,306 | $63,256 | $86,482 | $115,910 | |
| Salaries and wages | $3,565 | $10,241 | $27,548 | $57,416 | $79,558 | $104,815 | |
| Taxable interest | $0 | $311 | $194 | $307 | $227 | $0 | |
| Ordinary dividends | $0 | $0 | $34 | $0 | $0 | $0 | |
| Business or professional net income | $2,610 | $0 | $0 | $0 | $0 | $0 | |
| Net capital gain | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable individual retirement account distributions | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $3,441 | $5,459 | $0 | $0 | $0 | |
| Unemployment compensation | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,598 | $0 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $0 | $0 | $10,387 | $0 | |
| State and local income taxes | $0 | $0 | $0 | $0 | $2,703 | $0 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes paid | $0 | $0 | $0 | $0 | $3,082 | $0 | |
| Mortgage interest paid | $0 | $0 | $0 | $0 | $3,556 | $0 | |
| Contributions | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable income | $0 | $2,924 | $18,757 | $45,423 | $64,005 | $94,368 | |
| Total tax credits | $0 | $0 | $309 | $605 | $908 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $265 | $578 | $889 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $600 | $1,137 | $361 | $0 | $0 | $0 | |
| Excess earned income credit | $560 | $1,008 | $343 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $274 | $2,019 | $6,128 | $8,865 | $16,331 | |
| Total tax liability | $0 | $535 | $2,262 | $6,533 | $9,333 | $16,960 | |
| Tax due at time of filing | $0 | $0 | $277 | $0 | $0 | $0 | |
| Overpayments refunded | $-900 | $-2,042 | $-2,104 | $-2,366 | $-3,533 | $0 | |
| Total Tax Liability / AGI | 0% | 3% | 6% | 10% | 11% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.