IRS Income Data for Gas City, IN 46933
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 27% | 27% | 15% | 6% | 4% | 0% |
| Number of returns | 623 | 863 | 859 | 459 | 201 | 137 | 0 |
| Number of joint returns | 71 | 192 | 370 | 349 | 180 | 125 | 0 |
| Number of returns from paid preparer | 251 | 454 | 465 | 246 | 104 | 73 | 0 |
| Total number of exemptions | 661 | 1,499 | 1,818 | 1,211 | 576 | 382 | 0 |
| Total number of dependents | 101 | 294 | 346 | 222 | 105 | 62 | 0 |
| Adjusted gross income | $4,287 | $17,157 | $35,828 | $61,529 | $84,984 | $134,485 | |
| Salaries and wages | $3,561 | $12,506 | $28,831 | $50,880 | $71,618 | $98,118 | |
| Taxable interest | $290 | $382 | $481 | $552 | $591 | $1,389 | |
| Ordinary dividends | $57 | $107 | $179 | $127 | $272 | $696 | |
| Business or professional net income | $-83 | $400 | $540 | $484 | $697 | $2,217 | |
| Net capital gain | $-41 | $-5 | $13 | $148 | $15 | $612 | |
| Taxable individual retirement account distributions | $190 | $634 | $1,068 | $2,323 | $2,496 | $5,302 | |
| Taxable pensions and annuities | $1,002 | $2,476 | $3,232 | $4,114 | $5,499 | $10,062 | |
| Unemployment compensation | $131 | $589 | $553 | $670 | $658 | $454 | |
| Taxable Social Security benefits | $0 | $98 | $914 | $2,404 | $2,235 | $2,305 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $298 | $785 | $2,035 | $4,984 | $8,154 | $15,782 | |
| State and local income taxes | $0 | $60 | $258 | $878 | $1,933 | $4,324 | |
| State and local general sales tax | $14 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $35 | $98 | $254 | $508 | $996 | |
| Taxes paid | $0 | $81 | $387 | $1,217 | $2,593 | $5,988 | |
| Mortgage interest paid | $0 | $223 | $849 | $1,852 | $3,441 | $5,424 | |
| Contributions | $0 | $90 | $281 | $660 | $1,065 | $3,238 | |
| Taxable income | $165 | $4,557 | $19,174 | $40,138 | $61,319 | $101,602 | |
| Total tax credits | $0 | $76 | $392 | $785 | $906 | $560 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $43 | $292 | $638 | $689 | $331 | |
| Child and dependent care credit | $0 | $5 | $18 | $32 | $56 | $0 | |
| Earned income credit | $325 | $987 | $275 | $0 | $0 | $0 | |
| Excess earned income credit | $314 | $929 | $236 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $16 | $416 | $1,973 | $4,723 | $7,975 | $18,144 | |
| Total tax liability | $52 | $492 | $2,103 | $4,978 | $8,190 | $18,699 | |
| Tax due at time of filing | $15 | $23 | $89 | $232 | $300 | $1,360 | |
| Overpayments refunded | $-714 | $-2,160 | $-2,227 | $-2,472 | $-2,705 | $-2,616 | |
| Total Tax Liability / AGI | 1% | 3% | 6% | 8% | 10% | 14% |
All numbers in the table are 2010 averages for that income class and zip code.
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