IRS Income Data for Adolphus, KY 42120
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 29% | 30% | 13% | 4% | 3% | 0% |
| Number of returns | 199 | 256 | 265 | 117 | 38 | 23 | 0 |
| Number of joint returns | 50 | 98 | 143 | 102 | 37 | 21 | 0 |
| Number of returns from paid preparer | 141 | 208 | 223 | 91 | 29 | 21 | 0 |
| Total number of exemptions | 291 | 548 | 637 | 328 | 106 | 69 | 0 |
| Total number of dependents | 50 | 121 | 138 | 68 | 20 | 13 | 0 |
| Adjusted gross income | $4,306 | $17,298 | $36,018 | $60,327 | $85,433 | $127,461 | |
| Salaries and wages | $4,274 | $14,182 | $32,693 | $52,698 | $70,739 | $95,842 | |
| Taxable interest | $198 | $384 | $282 | $178 | $99 | $252 | |
| Ordinary dividends | $0 | $33 | $0 | $214 | $0 | $0 | |
| Business or professional net income | $196 | $1,741 | $697 | $1,607 | $822 | $0 | |
| Net capital gain | $243 | $73 | $88 | $450 | $636 | $0 | |
| Taxable individual retirement account distributions | $0 | $261 | $0 | $1,405 | $0 | $0 | |
| Taxable pensions and annuities | $361 | $1,083 | $2,526 | $4,485 | $6,610 | $0 | |
| Unemployment compensation | $179 | $463 | $594 | $766 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $466 | $2,237 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $889 | $810 | $3,088 | $7,134 | $10,979 | $19,416 | |
| State and local income taxes | $0 | $60 | $421 | $1,602 | $2,655 | $6,583 | |
| State and local general sales tax | $39 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $51 | $0 | $122 | $410 | $905 | $1,004 | |
| Taxes paid | $0 | $109 | $612 | $2,188 | $3,942 | $7,957 | |
| Mortgage interest paid | $0 | $365 | $791 | $2,860 | $3,639 | $6,284 | |
| Contributions | $0 | $0 | $439 | $704 | $1,106 | $2,474 | |
| Taxable income | $141 | $3,802 | $17,367 | $37,037 | $60,746 | $95,551 | |
| Total tax credits | $0 | $82 | $492 | $810 | $910 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $43 | $394 | $643 | $597 | $0 | |
| Child and dependent care credit | $0 | $0 | $25 | $0 | $0 | $0 | |
| Earned income credit | $540 | $1,436 | $312 | $0 | $0 | $0 | |
| Excess earned income credit | $458 | $1,242 | $244 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $14 | $323 | $1,578 | $3,951 | $7,649 | $16,197 | |
| Total tax liability | $122 | $606 | $1,742 | $4,254 | $8,011 | $18,441 | |
| Tax due at time of filing | $15 | $45 | $74 | $273 | $1,234 | $0 | |
| Overpayments refunded | $-911 | $-2,744 | $-2,503 | $-3,006 | $-2,533 | $-3,462 | |
| Total Tax Liability / AGI | 3% | 4% | 5% | 7% | 9% | 14% |
All numbers in the table are 2010 averages for that income class and zip code.
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