IRS Income Data for Portland, IN 47371
View threads near Portland, IN 47371 or Start a new Portland IN 47371 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 24% | 25% | 26% | 14% | 6% | 3% | 1% |
| Number of returns | 1,379 | 1,431 | 1,516 | 816 | 366 | 187 | 52 |
| Number of joint returns | 213 | 383 | 690 | 688 | 337 | 171 | 44 |
| Number of returns from paid preparer | 804 | 898 | 959 | 518 | 241 | 130 | 47 |
| Total number of exemptions | 1,458 | 2,583 | 3,377 | 2,324 | 1,096 | 539 | 141 |
| Total number of dependents | 178 | 438 | 600 | 395 | 188 | 96 | 19 |
| Adjusted gross income | $3,038 | $17,359 | $35,953 | $61,695 | $85,737 | $128,492 | $440,446 |
| Salaries and wages | $3,542 | $12,727 | $30,513 | $52,032 | $71,062 | $90,906 | $130,989 |
| Taxable interest | $286 | $579 | $518 | $803 | $1,376 | $2,700 | $20,898 |
| Ordinary dividends | $113 | $107 | $163 | $276 | $341 | $3,500 | $15,926 |
| Business or professional net income | $35 | $773 | $934 | $991 | $2,475 | $491 | $18,175 |
| Net capital gain | $20 | $48 | $135 | $436 | $1,243 | $8,745 | $81,729 |
| Taxable individual retirement account distributions | $230 | $598 | $589 | $929 | $1,334 | $3,076 | $0 |
| Taxable pensions and annuities | $780 | $2,109 | $1,933 | $3,128 | $4,213 | $7,027 | $5,520 |
| Unemployment compensation | $99 | $550 | $380 | $485 | $401 | $0 | $0 |
| Taxable Social Security benefits | $0 | $73 | $851 | $1,983 | $2,348 | $3,170 | $5,861 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $616 | $0 | $0 |
| Total itemized deductions | $523 | $783 | $2,002 | $4,510 | $8,320 | $14,027 | $40,932 |
| State and local income taxes | $22 | $52 | $331 | $925 | $2,219 | $5,046 | $18,310 |
| State and local general sales tax | $0 | $10 | $17 | $0 | $0 | $0 | $0 |
| Real estate taxes | $22 | $24 | $82 | $148 | $359 | $625 | $1,707 |
| Taxes paid | $50 | $90 | $446 | $1,127 | $2,746 | $5,933 | $20,985 |
| Mortgage interest paid | $137 | $125 | $633 | $1,373 | $2,755 | $3,681 | $4,733 |
| Contributions | $10 | $96 | $205 | $662 | $1,417 | $3,204 | $13,806 |
| Taxable income | $169 | $4,761 | $18,989 | $39,467 | $61,233 | $100,733 | $390,887 |
| Total tax credits | $0 | $72 | $384 | $864 | $1,036 | $531 | $380 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $38 | $294 | $676 | $745 | $404 | $0 |
| Child and dependent care credit | $0 | $3 | $13 | $44 | $41 | $38 | $0 |
| Earned income credit | $242 | $836 | $242 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $212 | $768 | $188 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,757 |
| Income tax | $17 | $456 | $1,944 | $4,442 | $7,615 | $16,593 | $99,288 |
| Total tax liability | $94 | $592 | $2,178 | $4,799 | $8,421 | $17,499 | $104,848 |
| Tax due at time of filing | $28 | $43 | $153 | $353 | $915 | $2,600 | $47,477 |
| Overpayments refunded | $-556 | $-2,001 | $-2,244 | $-2,454 | $-2,717 | $-2,381 | $-3,866 |
| Total Tax Liability / AGI | 3% | 3% | 6% | 8% | 10% | 14% | 24% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.