IRS Income Data for Breckenridge, MI 48615
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More about Breckenridge MI 48615
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 26% | 26% | 15% | 8% | 6% | 0% |
| Number of returns | 273 | 355 | 355 | 201 | 109 | 79 | 0 |
| Number of joint returns | 38 | 101 | 198 | 163 | 101 | 74 | 0 |
| Number of returns from paid preparer | 139 | 207 | 202 | 123 | 66 | 57 | 0 |
| Total number of exemptions | 319 | 616 | 805 | 521 | 328 | 233 | 0 |
| Total number of dependents | 43 | 107 | 134 | 89 | 57 | 37 | 0 |
| Adjusted gross income | $3,812 | $16,923 | $36,640 | $61,469 | $86,259 | $134,166 | |
| Salaries and wages | $3,146 | $12,031 | $28,408 | $47,932 | $72,263 | $88,481 | |
| Taxable interest | $289 | $434 | $667 | $683 | $877 | $763 | |
| Ordinary dividends | $54 | $144 | $277 | $582 | $577 | $827 | |
| Business or professional net income | $293 | $412 | $203 | $219 | $0 | $-77 | |
| Net capital gain | $-79 | $-15 | $-31 | $433 | $1,699 | $676 | |
| Taxable individual retirement account distributions | $83 | $361 | $821 | $900 | $2,004 | $0 | |
| Taxable pensions and annuities | $596 | $2,466 | $4,345 | $7,205 | $5,456 | $7,173 | |
| Unemployment compensation | $0 | $823 | $502 | $906 | $591 | $0 | |
| Taxable Social Security benefits | $0 | $56 | $1,073 | $2,081 | $2,286 | $2,679 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $623 | $1,026 | $2,086 | $5,294 | $9,430 | $12,653 | |
| State and local income taxes | $0 | $47 | $237 | $699 | $1,851 | $2,876 | |
| State and local general sales tax | $0 | $46 | $0 | $65 | $0 | $0 | |
| Real estate taxes | $0 | $151 | $204 | $579 | $951 | $1,420 | |
| Taxes paid | $65 | $182 | $502 | $1,442 | $3,041 | $4,821 | |
| Mortgage interest paid | $0 | $362 | $811 | $1,773 | $3,659 | $4,151 | |
| Contributions | $0 | $120 | $225 | $961 | $875 | $2,102 | |
| Taxable income | $134 | $4,426 | $18,679 | $39,662 | $60,974 | $104,912 | |
| Total tax credits | $0 | $59 | $374 | $724 | $1,063 | $619 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $18 | $281 | $564 | $850 | $516 | |
| Child and dependent care credit | $0 | $12 | $0 | $30 | $53 | $0 | |
| Earned income credit | $418 | $864 | $265 | $0 | $0 | $0 | |
| Excess earned income credit | $358 | $775 | $225 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $13 | $422 | $1,872 | $4,580 | $7,401 | $17,341 | |
| Total tax liability | $141 | $540 | $1,975 | $4,830 | $7,596 | $18,425 | |
| Tax due at time of filing | $51 | $34 | $131 | $406 | $335 | $3,037 | |
| Overpayments refunded | $-789 | $-1,856 | $-2,192 | $-2,111 | $-2,507 | $-1,742 | |
| Total Tax Liability / AGI | 4% | 3% | 5% | 8% | 9% | 14% |
All numbers in the table are 2010 averages for that income class and zip code.
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