IRS Income Data for Whitley City, KY 42653
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 25% | 33% | 24% | 10% | 5% | 3% | 0% |
| Number of returns | 377 | 502 | 363 | 153 | 69 | 41 | 0 |
| Number of joint returns | 82 | 173 | 227 | 122 | 63 | 37 | 0 |
| Number of returns from paid preparer | 234 | 346 | 247 | 110 | 52 | 34 | 0 |
| Total number of exemptions | 586 | 1,119 | 953 | 429 | 189 | 122 | 0 |
| Total number of dependents | 118 | 262 | 201 | 80 | 31 | 25 | 0 |
| Adjusted gross income | $4,873 | $16,678 | $34,570 | $60,439 | $86,591 | $196,051 | |
| Salaries and wages | $4,208 | $12,718 | $28,571 | $47,598 | $69,078 | $87,249 | |
| Taxable interest | $129 | $229 | $477 | $1,164 | $1,023 | $1,321 | |
| Ordinary dividends | $9 | $0 | $24 | $0 | $154 | $0 | |
| Business or professional net income | $-98 | $1,773 | $835 | $701 | $376 | $29,666 | |
| Net capital gain | $0 | $126 | $-23 | $-14 | $0 | $0 | |
| Taxable individual retirement account distributions | $0 | $218 | $520 | $1,906 | $0 | $0 | |
| Taxable pensions and annuities | $314 | $1,184 | $3,252 | $6,125 | $9,392 | $8,991 | |
| Unemployment compensation | $215 | $725 | $745 | $460 | $664 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $470 | $2,424 | $3,176 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $580 | $1,586 | $5,949 | $11,603 | $24,062 | |
| State and local income taxes | $0 | $31 | $225 | $1,034 | $2,781 | $9,993 | |
| State and local general sales tax | $0 | $17 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $16 | $84 | $293 | $593 | $1,079 | |
| Taxes paid | $0 | $70 | $358 | $1,483 | $3,668 | $11,752 | |
| Mortgage interest paid | $0 | $196 | $508 | $2,193 | $3,348 | $4,038 | |
| Contributions | $0 | $0 | $148 | $653 | $1,086 | $3,039 | |
| Taxable income | $92 | $3,260 | $15,431 | $37,592 | $60,763 | $160,101 | |
| Total tax credits | $0 | $63 | $491 | $880 | $723 | $686 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $39 | $375 | $715 | $551 | $609 | |
| Child and dependent care credit | $0 | $0 | $0 | $58 | $0 | $0 | |
| Earned income credit | $698 | $1,694 | $559 | $0 | $0 | $0 | |
| Excess earned income credit | $614 | $1,467 | $477 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $9 | $291 | $1,318 | $4,266 | $8,053 | $27,381 | |
| Total tax liability | $122 | $578 | $1,574 | $4,567 | $8,184 | $29,442 | |
| Tax due at time of filing | $18 | $64 | $167 | $355 | $440 | $2,301 | |
| Overpayments refunded | $-987 | $-2,682 | $-2,599 | $-2,196 | $-2,402 | $-1,445 | |
| Total Tax Liability / AGI | 2% | 3% | 5% | 8% | 9% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
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