IRS Income Data for Guntown, MS 38849
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 29% | 27% | 14% | 6% | 4% | 1% |
| Number of returns | 409 | 628 | 566 | 294 | 134 | 83 | 15 |
| Number of joint returns | 78 | 161 | 245 | 247 | 124 | 79 | 15 |
| Number of returns from paid preparer | 280 | 441 | 402 | 212 | 92 | 53 | 13 |
| Total number of exemptions | 550 | 1,286 | 1,295 | 853 | 413 | 258 | 47 |
| Total number of dependents | 114 | 310 | 295 | 181 | 86 | 52 | 11 |
| Adjusted gross income | $3,877 | $17,339 | $35,277 | $61,606 | $86,477 | $121,970 | $323,355 |
| Salaries and wages | $4,837 | $14,683 | $31,143 | $54,606 | $75,731 | $100,694 | $246,768 |
| Taxable interest | $132 | $275 | $186 | $534 | $540 | $917 | $2,196 |
| Ordinary dividends | $30 | $44 | $53 | $63 | $128 | $603 | $0 |
| Business or professional net income | $96 | $857 | $1,153 | $1,037 | $789 | $1,938 | $0 |
| Net capital gain | $144 | $38 | $79 | $14 | $1,219 | $619 | $0 |
| Taxable individual retirement account distributions | $0 | $196 | $368 | $957 | $0 | $0 | $0 |
| Taxable pensions and annuities | $208 | $1,071 | $1,480 | $2,487 | $3,264 | $7,883 | $0 |
| Unemployment compensation | $109 | $232 | $128 | $196 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $46 | $582 | $1,735 | $1,789 | $2,958 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $749 | $887 | $2,888 | $6,856 | $12,592 | $20,049 | $44,731 |
| State and local income taxes | $0 | $57 | $204 | $830 | $1,852 | $3,681 | $14,801 |
| State and local general sales tax | $0 | $35 | $67 | $153 | $330 | $0 | $0 |
| Real estate taxes | $0 | $67 | $119 | $360 | $706 | $1,474 | $2,695 |
| Taxes paid | $83 | $115 | $425 | $1,448 | $2,998 | $5,727 | $18,235 |
| Mortgage interest paid | $316 | $342 | $990 | $2,743 | $5,112 | $7,651 | $11,654 |
| Contributions | $0 | $127 | $348 | $1,135 | $2,308 | $3,935 | $16,438 |
| Taxable income | $218 | $3,995 | $17,479 | $38,204 | $59,041 | $89,320 | $268,648 |
| Total tax credits | $0 | $89 | $448 | $925 | $1,234 | $805 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $56 | $355 | $779 | $906 | $665 | $0 |
| Child and dependent care credit | $0 | $0 | $40 | $58 | $163 | $0 | $0 |
| Earned income credit | $635 | $1,522 | $385 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $541 | $1,390 | $329 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $22 | $339 | $1,680 | $4,116 | $6,970 | $14,355 | $68,020 |
| Total tax liability | $167 | $517 | $1,908 | $4,433 | $7,458 | $15,070 | $69,430 |
| Tax due at time of filing | $36 | $60 | $214 | $273 | $545 | $1,991 | $0 |
| Overpayments refunded | $-947 | $-2,828 | $-2,614 | $-2,628 | $-2,940 | $-2,591 | $0 |
| Total Tax Liability / AGI | 4% | 3% | 5% | 7% | 9% | 12% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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