IRS Income Data for Sioux Rapids, IA 50585
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 24% | 29% | 16% | 8% | 7% | 0% |
| Number of returns | 94 | 134 | 166 | 89 | 46 | 37 | 0 |
| Number of joint returns | 0 | 37 | 61 | 65 | 42 | 30 | 0 |
| Number of returns from paid preparer | 47 | 92 | 123 | 73 | 36 | 34 | 0 |
| Total number of exemptions | 82 | 238 | 331 | 236 | 119 | 100 | 0 |
| Total number of dependents | 0 | 56 | 63 | 39 | 18 | 14 | 0 |
| Adjusted gross income | $3,773 | $17,839 | $35,538 | $60,376 | $84,046 | $143,300 | |
| Salaries and wages | $4,113 | $12,640 | $27,450 | $45,188 | $58,685 | $61,109 | |
| Taxable interest | $327 | $822 | $559 | $1,572 | $1,633 | $1,710 | |
| Ordinary dividends | $0 | $128 | $118 | $428 | $738 | $1,262 | |
| Business or professional net income | $201 | $1,044 | $1,729 | $2,691 | $1,231 | $0 | |
| Net capital gain | $0 | $64 | $16 | $1,604 | $0 | $8,169 | |
| Taxable individual retirement account distributions | $0 | $278 | $0 | $498 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $1,407 | $1,111 | $3,201 | $2,370 | $0 | |
| Unemployment compensation | $0 | $0 | $419 | $327 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $56 | $707 | $2,804 | $6,452 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,160 | $1,926 | $3,554 | $7,184 | $12,005 | |
| State and local income taxes | $0 | $0 | $150 | $369 | $1,308 | $5,161 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $104 | $143 | $519 | $803 | |
| Taxes paid | $0 | $146 | $332 | $574 | $1,912 | $6,349 | |
| Mortgage interest paid | $0 | $0 | $658 | $0 | $2,154 | $2,192 | |
| Contributions | $0 | $0 | $214 | $0 | $275 | $1,559 | |
| Taxable income | $445 | $4,908 | $19,333 | $39,161 | $60,661 | $117,592 | |
| Total tax credits | $0 | $80 | $451 | $933 | $792 | $745 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $41 | $308 | $707 | $909 | $0 | |
| Child and dependent care credit | $0 | $0 | $37 | $97 | $0 | $0 | |
| Earned income credit | $225 | $907 | $191 | $0 | $0 | $0 | |
| Excess earned income credit | $201 | $797 | $151 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $52 | $453 | $1,931 | $4,321 | $7,479 | $21,204 | |
| Total tax liability | $163 | $729 | $2,544 | $5,011 | $8,877 | $25,093 | |
| Tax due at time of filing | $0 | $165 | $445 | $926 | $880 | $6,762 | |
| Overpayments refunded | $-531 | $-2,157 | $-1,947 | $-1,728 | $-1,327 | $-1,492 | |
| Total Tax Liability / AGI | 4% | 4% | 7% | 8% | 11% | 18% |
All numbers in the table are 2010 averages for that income class and zip code.
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