IRS Income Data for Tishomingo, MS 38873
View threads near Tishomingo, MS 38873 or Start a new Tishomingo MS 38873 thread
More about Tishomingo MS 38873
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 29% | 26% | 15% | 6% | 4% | 0% |
| Number of returns | 231 | 328 | 289 | 170 | 68 | 47 | 0 |
| Number of joint returns | 41 | 101 | 179 | 136 | 60 | 44 | 0 |
| Number of returns from paid preparer | 146 | 255 | 224 | 135 | 51 | 42 | 0 |
| Total number of exemptions | 281 | 679 | 710 | 454 | 188 | 145 | 0 |
| Total number of dependents | 40 | 141 | 142 | 87 | 35 | 27 | 0 |
| Adjusted gross income | $4,239 | $16,972 | $35,352 | $60,066 | $86,448 | $125,295 | |
| Salaries and wages | $3,599 | $12,497 | $29,462 | $49,334 | $72,283 | $97,470 | |
| Taxable interest | $89 | $538 | $450 | $1,002 | $1,160 | $1,918 | |
| Ordinary dividends | $0 | $31 | $77 | $110 | $636 | $0 | |
| Business or professional net income | $291 | $1,063 | $971 | $1,429 | $2,285 | $0 | |
| Net capital gain | $-14 | $0 | $111 | $793 | $7,146 | $0 | |
| Taxable individual retirement account distributions | $0 | $484 | $563 | $1,275 | $0 | $0 | |
| Taxable pensions and annuities | $581 | $2,057 | $2,989 | $4,441 | $6,354 | $8,661 | |
| Unemployment compensation | $210 | $485 | $404 | $740 | $1,014 | $0 | |
| Taxable Social Security benefits | $0 | $51 | $783 | $1,930 | $3,978 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $555 | $2,411 | $5,329 | $8,653 | $13,608 | |
| State and local income taxes | $0 | $0 | $112 | $499 | $1,234 | $2,356 | |
| State and local general sales tax | $0 | $27 | $88 | $175 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $44 | $110 | $237 | $296 | |
| Taxes paid | $0 | $43 | $290 | $733 | $1,707 | $3,352 | |
| Mortgage interest paid | $0 | $0 | $465 | $1,028 | $1,800 | $1,888 | |
| Contributions | $0 | $0 | $483 | $1,044 | $1,420 | $3,228 | |
| Taxable income | $148 | $3,729 | $16,419 | $38,184 | $61,857 | $95,798 | |
| Total tax credits | $0 | $37 | $465 | $733 | $734 | $569 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $21 | $384 | $665 | $647 | $429 | |
| Child and dependent care credit | $0 | $0 | $28 | $0 | $0 | $0 | |
| Earned income credit | $401 | $1,414 | $424 | $0 | $0 | $0 | |
| Excess earned income credit | $365 | $1,288 | $354 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $14 | $366 | $1,457 | $4,307 | $8,253 | $15,546 | |
| Total tax liability | $99 | $543 | $1,695 | $4,664 | $8,760 | $15,854 | |
| Tax due at time of filing | $43 | $73 | $122 | $404 | $319 | $1,968 | |
| Overpayments refunded | $-726 | $-2,495 | $-2,418 | $-2,180 | $-2,629 | $-2,415 | |
| Total Tax Liability / AGI | 2% | 3% | 5% | 8% | 10% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.