IRS Income Data for Emerson, IA 51533
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 21% | 19% | 26% | 17% | 11% | 7% | 0% |
| Number of returns | 90 | 84 | 111 | 72 | 46 | 31 | 0 |
| Number of joint returns | 0 | 28 | 53 | 56 | 44 | 26 | 0 |
| Number of returns from paid preparer | 57 | 54 | 92 | 63 | 39 | 24 | 0 |
| Total number of exemptions | 78 | 140 | 234 | 192 | 126 | 78 | 0 |
| Total number of dependents | 11 | 26 | 43 | 33 | 20 | 12 | 0 |
| Adjusted gross income | $2,484 | $16,653 | $35,899 | $62,341 | $86,914 | $154,373 | |
| Salaries and wages | $4,344 | $12,705 | $24,712 | $46,148 | $62,144 | $53,307 | |
| Taxable interest | $118 | $417 | $680 | $1,670 | $2,837 | $3,823 | |
| Ordinary dividends | $0 | $75 | $339 | $454 | $612 | $2,777 | |
| Business or professional net income | $121 | $292 | $-24 | $588 | $757 | $0 | |
| Net capital gain | $22 | $0 | $350 | $86 | $-132 | $1,781 | |
| Taxable individual retirement account distributions | $0 | $0 | $1,247 | $1,291 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $1,344 | $2,413 | $2,515 | $2,048 | $0 | |
| Unemployment compensation | $0 | $0 | $1,010 | $528 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,267 | $3,083 | $5,584 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $3,039 | $4,214 | $8,018 | $12,283 | |
| State and local income taxes | $0 | $0 | $311 | $1,096 | $1,652 | $4,876 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $304 | $309 | $583 | $574 | |
| Taxes paid | $0 | $0 | $629 | $1,516 | $2,359 | $5,683 | |
| Mortgage interest paid | $0 | $0 | $783 | $1,293 | $3,019 | $0 | |
| Contributions | $0 | $0 | $99 | $432 | $270 | $619 | |
| Taxable income | $256 | $4,767 | $18,698 | $41,151 | $62,434 | $115,583 | |
| Total tax credits | $0 | $105 | $441 | $1,005 | $1,011 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $244 | $586 | $813 | $0 | |
| Child and dependent care credit | $0 | $0 | $37 | $0 | $0 | $0 | |
| Earned income credit | $236 | $1,018 | $160 | $0 | $0 | $0 | |
| Excess earned income credit | $198 | $952 | $132 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $24 | $397 | $1,764 | $4,649 | $7,784 | $20,416 | |
| Total tax liability | $144 | $599 | $2,420 | $5,451 | $9,615 | $22,682 | |
| Tax due at time of filing | $74 | $91 | $777 | $1,069 | $3,514 | $9,966 | |
| Overpayments refunded | $-548 | $-1,954 | $-1,608 | $-1,777 | $-1,859 | $0 | |
| Total Tax Liability / AGI | 6% | 4% | 7% | 9% | 11% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
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