IRS Income Data for Allison, IA 50602
View threads near Allison, IA 50602 or Start a new Allison IA 50602 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 23% | 26% | 20% | 9% | 7% | 0% |
| Number of returns | 107 | 175 | 191 | 149 | 70 | 54 | 0 |
| Number of joint returns | 18 | 45 | 96 | 125 | 64 | 46 | 0 |
| Number of returns from paid preparer | 82 | 132 | 163 | 137 | 63 | 47 | 0 |
| Total number of exemptions | 100 | 248 | 387 | 419 | 195 | 133 | 0 |
| Total number of dependents | 12 | 27 | 54 | 74 | 30 | 17 | 0 |
| Adjusted gross income | $2,184 | $16,929 | $37,780 | $61,782 | $85,700 | $151,578 | |
| Salaries and wages | $4,370 | $10,477 | $26,318 | $46,773 | $55,321 | $55,178 | |
| Taxable interest | $269 | $799 | $1,418 | $1,254 | $1,088 | $10,368 | |
| Ordinary dividends | $30 | $327 | $270 | $126 | $339 | $4,755 | |
| Business or professional net income | $-48 | $336 | $957 | $1,560 | $3,304 | $0 | |
| Net capital gain | $0 | $148 | $574 | $545 | $1,990 | $4,038 | |
| Taxable individual retirement account distributions | $0 | $656 | $667 | $1,016 | $1,273 | $975 | |
| Taxable pensions and annuities | $496 | $1,880 | $3,434 | $2,641 | $3,694 | $4,659 | |
| Unemployment compensation | $234 | $332 | $330 | $439 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $64 | $1,619 | $2,705 | $4,475 | $6,917 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,368 | $2,802 | $3,469 | $7,929 | $11,126 | |
| State and local income taxes | $0 | $63 | $301 | $475 | $1,746 | $4,952 | |
| State and local general sales tax | $0 | $71 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $129 | $185 | $272 | $602 | $703 | |
| Taxes paid | $0 | $261 | $534 | $800 | $2,505 | $5,965 | |
| Mortgage interest paid | $0 | $0 | $532 | $888 | $2,193 | $0 | |
| Contributions | $0 | $156 | $218 | $598 | $879 | $1,663 | |
| Taxable income | $406 | $5,080 | $20,489 | $39,578 | $61,494 | $125,977 | |
| Total tax credits | $0 | $66 | $415 | $990 | $1,112 | $467 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $254 | $639 | $676 | $0 | |
| Child and dependent care credit | $0 | $33 | $0 | $117 | $0 | $0 | |
| Earned income credit | $308 | $571 | $147 | $0 | $0 | $0 | |
| Excess earned income credit | $243 | $531 | $102 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $41 | $474 | $2,060 | $4,242 | $7,268 | $20,474 | |
| Total tax liability | $155 | $657 | $2,444 | $5,036 | $9,081 | $22,789 | |
| Tax due at time of filing | $34 | $181 | $323 | $826 | $2,369 | $4,870 | |
| Overpayments refunded | $-645 | $-1,437 | $-1,735 | $-2,016 | $-1,692 | $-1,824 | |
| Total Tax Liability / AGI | 7% | 4% | 6% | 8% | 11% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.