IRS Income Data for Dumont, IA 50625
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 23% | 27% | 16% | 8% | 7% | 0% |
| Number of returns | 87 | 105 | 121 | 73 | 37 | 33 | 0 |
| Number of joint returns | 16 | 27 | 62 | 64 | 34 | 33 | 0 |
| Number of returns from paid preparer | 71 | 90 | 105 | 63 | 34 | 30 | 0 |
| Total number of exemptions | 101 | 167 | 258 | 198 | 91 | 84 | 0 |
| Total number of dependents | 13 | 22 | 43 | 34 | 11 | 10 | 0 |
| Adjusted gross income | $450 | $16,908 | $35,468 | $61,500 | $86,599 | $146,916 | |
| Salaries and wages | $3,534 | $10,969 | $25,521 | $49,015 | $41,943 | $42,511 | |
| Taxable interest | $510 | $822 | $1,242 | $741 | $1,800 | $2,874 | |
| Ordinary dividends | $81 | $319 | $364 | $316 | $1,434 | $521 | |
| Business or professional net income | $-114 | $660 | $1,436 | $3,776 | $6,534 | $0 | |
| Net capital gain | $-7 | $348 | $269 | $898 | $2,600 | $16,646 | |
| Taxable individual retirement account distributions | $0 | $0 | $855 | $748 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $1,287 | $1,491 | $2,061 | $11,466 | $0 | |
| Unemployment compensation | $0 | $0 | $924 | $1,649 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,086 | $1,413 | $6,861 | $6,471 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,621 | $2,593 | $4,615 | $5,587 | $5,436 | |
| State and local income taxes | $0 | $0 | $146 | $836 | $1,280 | $2,388 | |
| State and local general sales tax | $0 | $97 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $160 | $0 | $113 | $204 | $579 | $0 | |
| Taxes paid | $0 | $288 | $335 | $1,120 | $1,785 | $2,814 | |
| Mortgage interest paid | $420 | $0 | $0 | $908 | $1,450 | $0 | |
| Contributions | $0 | $0 | $220 | $308 | $1,078 | $0 | |
| Taxable income | $0 | $4,696 | $17,769 | $39,058 | $64,036 | $124,318 | |
| Total tax credits | $0 | $53 | $385 | $934 | $1,121 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $287 | $640 | $515 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $110 | $0 | $0 | |
| Earned income credit | $274 | $760 | $261 | $0 | $0 | $0 | |
| Excess earned income credit | $232 | $649 | $195 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $403 | $1,712 | $4,176 | $7,631 | $18,822 | |
| Total tax liability | $114 | $665 | $2,243 | $4,830 | $9,395 | $24,114 | |
| Tax due at time of filing | $0 | $208 | $276 | $580 | $2,816 | $12,338 | |
| Overpayments refunded | $-564 | $-1,624 | $-1,672 | $-2,370 | $-1,662 | $0 | |
| Total Tax Liability / AGI | 25% | 4% | 6% | 8% | 11% | 16% |
All numbers in the table are 2010 averages for that income class and zip code.
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