IRS Income Data for Louin, MS 39338
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 34% | 27% | 9% | 4% | 4% | 1% |
| Number of returns | 257 | 434 | 348 | 120 | 49 | 53 | 12 |
| Number of joint returns | 26 | 68 | 124 | 78 | 38 | 51 | 0 |
| Number of returns from paid preparer | 155 | 340 | 264 | 87 | 41 | 41 | 12 |
| Total number of exemptions | 319 | 954 | 862 | 290 | 146 | 144 | 16 |
| Total number of dependents | 67 | 282 | 222 | 58 | 30 | 27 | 0 |
| Adjusted gross income | $3,659 | $17,154 | $35,631 | $60,267 | $85,544 | $131,048 | $358,046 |
| Salaries and wages | $3,627 | $14,439 | $31,574 | $47,862 | $75,875 | $150,554 | $0 |
| Taxable interest | $247 | $382 | $235 | $892 | $1,294 | $1,993 | $7,582 |
| Ordinary dividends | $0 | $20 | $0 | $68 | $0 | $518 | $0 |
| Business or professional net income | $440 | $1,033 | $469 | $934 | $0 | $4,395 | $0 |
| Net capital gain | $0 | $8 | $177 | $2,185 | $0 | $664 | $0 |
| Taxable individual retirement account distributions | $230 | $203 | $399 | $771 | $0 | $0 | $0 |
| Taxable pensions and annuities | $576 | $1,133 | $2,543 | $4,661 | $0 | $0 | $0 |
| Unemployment compensation | $0 | $231 | $167 | $308 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $29 | $734 | $2,491 | $5,660 | $0 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $803 | $3,145 | $6,858 | $14,443 | $21,012 | $27,974 |
| State and local income taxes | $0 | $20 | $193 | $572 | $1,633 | $4,238 | $14,172 |
| State and local general sales tax | $0 | $0 | $63 | $0 | $0 | $0 | $0 |
| Real estate taxes | $39 | $0 | $66 | $210 | $270 | $1,122 | $0 |
| Taxes paid | $0 | $84 | $389 | $962 | $2,365 | $5,765 | $14,900 |
| Mortgage interest paid | $123 | $0 | $501 | $1,230 | $2,373 | $3,545 | $0 |
| Contributions | $0 | $88 | $514 | $1,146 | $2,322 | $4,574 | $0 |
| Taxable income | $117 | $3,113 | $16,893 | $38,653 | $56,157 | $98,141 | $325,258 |
| Total tax credits | $0 | $101 | $609 | $606 | $917 | $1,267 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $60 | $423 | $503 | $758 | $298 | $0 |
| Child and dependent care credit | $0 | $0 | $50 | $62 | $0 | $0 | $0 |
| Earned income credit | $613 | $2,159 | $446 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $568 | $2,043 | $370 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $1,503 | $0 |
| Income tax | $12 | $232 | $1,396 | $4,499 | $7,586 | $17,932 | $85,752 |
| Total tax liability | $95 | $393 | $1,519 | $4,927 | $7,945 | $18,276 | $87,450 |
| Tax due at time of filing | $27 | $77 | $99 | $872 | $0 | $4,250 | $0 |
| Overpayments refunded | $-1,412 | $-3,504 | $-2,783 | $-1,973 | $-3,321 | $-3,570 | $0 |
| Total Tax Liability / AGI | 3% | 2% | 4% | 8% | 9% | 14% | 24% |
All numbers in the table are 2010 averages for that income class and zip code.
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