IRS Income Data for Topmost, KY 41862
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 29% | 22% | 14% | 12% | 4% | 0% |
| Number of returns | 55 | 85 | 66 | 41 | 35 | 13 | 0 |
| Number of joint returns | 12 | 35 | 30 | 28 | 33 | 12 | 0 |
| Number of returns from paid preparer | 42 | 62 | 48 | 29 | 25 | 10 | 0 |
| Total number of exemptions | 92 | 185 | 139 | 102 | 114 | 39 | 0 |
| Total number of dependents | 20 | 40 | 23 | 24 | 29 | 0 | 0 |
| Adjusted gross income | $4,607 | $16,637 | $35,833 | $61,684 | $86,288 | $121,611 | |
| Salaries and wages | $3,062 | $13,058 | $31,987 | $50,731 | $80,641 | $83,746 | |
| Taxable interest | $0 | $167 | $65 | $587 | $3,200 | $0 | |
| Ordinary dividends | $0 | $0 | $0 | $0 | $0 | $0 | |
| Business or professional net income | $2,860 | $0 | $122 | $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 | $2,999 | $0 | $8,053 | $0 | $0 | |
| Unemployment compensation | $0 | $537 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $2,204 | $0 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $2,819 | $0 | $5,893 | $0 | |
| State and local income taxes | $0 | $0 | $553 | $0 | $0 | $0 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $64 | $0 | $0 | $0 | |
| Taxes paid | $0 | $0 | $713 | $0 | $0 | $0 | |
| Mortgage interest paid | $0 | $0 | $915 | $0 | $0 | $0 | |
| Contributions | $0 | $0 | $0 | $416 | $0 | $0 | |
| Taxable income | $0 | $2,643 | $19,418 | $42,756 | $61,755 | $99,330 | |
| Total tax credits | $0 | $45 | $393 | $501 | $1,209 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $353 | $491 | $1,049 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $811 | $1,383 | $260 | $0 | $0 | $0 | |
| Excess earned income credit | $690 | $1,284 | $0 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $223 | $2,007 | $5,610 | $7,792 | $17,040 | |
| Total tax liability | $157 | $417 | $2,094 | $5,796 | $8,038 | $17,675 | |
| Tax due at time of filing | $0 | $116 | $0 | $477 | $0 | $0 | |
| Overpayments refunded | $-1,130 | $-2,403 | $-2,210 | $-2,103 | $-3,723 | $0 | |
| Total Tax Liability / AGI | 3% | 3% | 6% | 9% | 9% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
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