IRS Income Data for Martin, KY 41649
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 28% | 24% | 13% | 7% | 5% | 1% |
| Number of returns | 224 | 283 | 246 | 133 | 76 | 53 | 10 |
| Number of joint returns | 38 | 86 | 121 | 98 | 68 | 57 | 0 |
| Number of returns from paid preparer | 135 | 199 | 178 | 101 | 58 | 42 | 10 |
| Total number of exemptions | 323 | 576 | 582 | 366 | 199 | 139 | 22 |
| Total number of dependents | 71 | 125 | 130 | 73 | 34 | 29 | 0 |
| Adjusted gross income | $4,674 | $16,744 | $36,493 | $61,713 | $86,368 | $132,690 | $306,241 |
| Salaries and wages | $3,942 | $13,234 | $30,108 | $52,061 | $73,528 | $126,280 | $0 |
| Taxable interest | $148 | $292 | $457 | $807 | $738 | $2,771 | $0 |
| Ordinary dividends | $0 | $12 | $86 | $0 | $0 | $5,480 | $0 |
| Business or professional net income | $319 | $1,141 | $899 | $610 | $258 | $3,255 | $0 |
| Net capital gain | $0 | $-8 | $-53 | $-31 | $0 | $2,515 | $0 |
| Taxable individual retirement account distributions | $0 | $0 | $327 | $0 | $0 | $0 | $0 |
| Taxable pensions and annuities | $370 | $1,400 | $2,972 | $5,280 | $5,162 | $10,210 | $0 |
| Unemployment compensation | $0 | $204 | $365 | $324 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $62 | $710 | $2,140 | $2,932 | $5,400 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $537 | $1,703 | $3,441 | $5,297 | $20,038 | $0 |
| State and local income taxes | $0 | $0 | $275 | $833 | $1,605 | $7,553 | $0 |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $0 | $109 | $202 | $183 | $1,272 | $0 |
| Taxes paid | $0 | $60 | $399 | $1,138 | $1,918 | $6,390 | $0 |
| Mortgage interest paid | $0 | $0 | $510 | $1,151 | $1,656 | $4,755 | $0 |
| Contributions | $0 | $0 | $350 | $268 | $283 | $3,469 | $0 |
| Taxable income | $182 | $3,513 | $18,678 | $40,944 | $64,780 | $106,283 | $0 |
| Total tax credits | $0 | $55 | $459 | $803 | $627 | $352 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $27 | $369 | $719 | $461 | $280 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $60 | $0 | $0 | $0 |
| Earned income credit | $681 | $1,278 | $338 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $622 | $1,166 | $296 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $23 | $321 | $1,830 | $4,975 | $8,998 | $18,765 | $0 |
| Total tax liability | $106 | $537 | $2,004 | $5,282 | $9,295 | $19,574 | $0 |
| Tax due at time of filing | $0 | $85 | $118 | $281 | $444 | $3,267 | $0 |
| Overpayments refunded | $-984 | $-2,389 | $-2,538 | $-2,440 | $-2,769 | $-2,128 | $0 |
| Total Tax Liability / AGI | 2% | 3% | 5% | 9% | 11% | 15% | 0% |
All numbers in the table are 2010 averages for that income class and zip code.
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