IRS Income Data for La Porte City, IA 50651
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More about La Porte City IA 50651
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 19% | 24% | 19% | 12% | 9% | 2% |
| Number of returns | 239 | 320 | 403 | 316 | 209 | 159 | 28 |
| Number of joint returns | 25 | 70 | 165 | 249 | 199 | 144 | 21 |
| Number of returns from paid preparer | 149 | 220 | 289 | 245 | 151 | 133 | 26 |
| Total number of exemptions | 194 | 492 | 811 | 882 | 634 | 431 | 68 |
| Total number of dependents | 25 | 68 | 130 | 162 | 128 | 71 | 10 |
| Adjusted gross income | $3,143 | $16,976 | $36,128 | $61,207 | $86,257 | $128,545 | $500,663 |
| Salaries and wages | $3,914 | $11,186 | $26,439 | $47,835 | $70,416 | $81,560 | $113,106 |
| Taxable interest | $279 | $685 | $1,040 | $921 | $1,053 | $3,839 | $5,126 |
| Ordinary dividends | $148 | $515 | $690 | $1,204 | $1,855 | $7,591 | $67,468 |
| Business or professional net income | $112 | $634 | $1,017 | $1,461 | $1,071 | $4,100 | $0 |
| Net capital gain | $46 | $70 | $184 | $280 | $411 | $4,351 | $20,700 |
| Taxable individual retirement account distributions | $0 | $535 | $644 | $839 | $1,143 | $1,991 | $0 |
| Taxable pensions and annuities | $764 | $2,559 | $3,662 | $4,442 | $3,805 | $6,047 | $14,777 |
| Unemployment compensation | $0 | $324 | $337 | $362 | $432 | $160 | $0 |
| Taxable Social Security benefits | $0 | $85 | $1,392 | $2,120 | $2,055 | $4,417 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $1,081 | $0 |
| Total itemized deductions | $707 | $1,528 | $3,860 | $6,063 | $10,803 | $17,446 | $49,675 |
| State and local income taxes | $50 | $80 | $352 | $1,030 | $2,247 | $5,205 | $24,200 |
| State and local general sales tax | $0 | $38 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $167 | $389 | $547 | $1,069 | $1,630 | $2,342 |
| Taxes paid | $153 | $275 | $813 | $1,689 | $3,489 | $7,140 | $26,945 |
| Mortgage interest paid | $0 | $535 | $982 | $2,130 | $3,699 | $4,674 | $5,671 |
| Contributions | $0 | $173 | $391 | $604 | $879 | $2,066 | $5,301 |
| Taxable income | $419 | $4,963 | $18,865 | $38,558 | $59,847 | $98,364 | $443,092 |
| Total tax credits | $0 | $101 | $414 | $1,071 | $1,281 | $497 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $31 | $253 | $753 | $811 | $350 | $0 |
| Child and dependent care credit | $0 | $0 | $29 | $90 | $89 | $42 | $0 |
| Earned income credit | $236 | $672 | $220 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $202 | $609 | $179 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,325 |
| Income tax | $41 | $416 | $1,860 | $4,073 | $6,896 | $15,780 | $102,319 |
| Total tax liability | $142 | $541 | $2,104 | $4,660 | $7,449 | $17,551 | $105,336 |
| Tax due at time of filing | $24 | $72 | $170 | $624 | $795 | $4,920 | $0 |
| Overpayments refunded | $-498 | $-1,681 | $-1,961 | $-2,167 | $-2,440 | $-2,709 | $0 |
| Total Tax Liability / AGI | 5% | 3% | 6% | 8% | 9% | 14% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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