IRS Income Data for Clearwater, MN 55320
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More about Clearwater MN 55320
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 17% | 24% | 18% | 13% | 10% | 2% |
| Number of returns | 393 | 387 | 557 | 406 | 302 | 228 | 35 |
| Number of joint returns | 44 | 70 | 197 | 278 | 265 | 214 | 29 |
| Number of returns from paid preparer | 179 | 201 | 329 | 279 | 191 | 160 | 30 |
| Total number of exemptions | 294 | 544 | 1,061 | 1,049 | 890 | 684 | 105 |
| Total number of dependents | 29 | 89 | 170 | 190 | 169 | 125 | 23 |
| Adjusted gross income | $3,283 | $17,475 | $37,351 | $62,219 | $85,847 | $127,555 | $521,347 |
| Salaries and wages | $4,411 | $13,907 | $29,942 | $51,576 | $71,945 | $104,315 | $276,109 |
| Taxable interest | $136 | $385 | $732 | $529 | $756 | $2,494 | $8,727 |
| Ordinary dividends | $179 | $142 | $192 | $362 | $435 | $1,326 | $9,460 |
| Business or professional net income | $337 | $777 | $1,328 | $1,436 | $2,056 | $3,712 | $0 |
| Net capital gain | $49 | $5 | $230 | $662 | $203 | $1,382 | $14,653 |
| Taxable individual retirement account distributions | $157 | $570 | $904 | $1,165 | $2,377 | $1,862 | $0 |
| Taxable pensions and annuities | $268 | $1,368 | $2,463 | $4,114 | $4,932 | $5,153 | $0 |
| Unemployment compensation | $123 | $572 | $716 | $881 | $791 | $321 | $0 |
| Taxable Social Security benefits | $0 | $36 | $1,036 | $1,518 | $2,015 | $1,897 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,132 | $1,964 | $7,042 | $11,508 | $17,281 | $25,041 | $77,970 |
| State and local income taxes | $23 | $116 | $708 | $1,862 | $3,191 | $6,897 | $30,890 |
| State and local general sales tax | $8 | $33 | $33 | $60 | $0 | $0 | $0 |
| Real estate taxes | $173 | $222 | $708 | $1,145 | $1,783 | $2,548 | $4,053 |
| Taxes paid | $277 | $395 | $1,509 | $3,136 | $5,172 | $9,712 | $35,685 |
| Mortgage interest paid | $655 | $904 | $3,531 | $5,897 | $8,065 | $10,520 | $16,290 |
| Contributions | $38 | $156 | $464 | $815 | $1,051 | $2,636 | $7,745 |
| Taxable income | $358 | $5,786 | $19,552 | $37,904 | $55,800 | $90,791 | $434,965 |
| Total tax credits | $0 | $92 | $339 | $858 | $1,164 | $589 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $32 | $199 | $633 | $784 | $425 | $0 |
| Child and dependent care credit | $0 | $11 | $31 | $56 | $88 | $50 | $0 |
| Earned income credit | $176 | $642 | $145 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $154 | $586 | $110 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $4,689 |
| Income tax | $35 | $546 | $2,103 | $4,327 | $6,791 | $15,020 | $112,286 |
| Total tax liability | $139 | $680 | $2,445 | $4,709 | $7,262 | $15,612 | $114,854 |
| Tax due at time of filing | $40 | $67 | $233 | $294 | $389 | $1,038 | $12,893 |
| Overpayments refunded | $-497 | $-1,532 | $-1,924 | $-2,381 | $-2,674 | $-2,853 | $-8,846 |
| Total Tax Liability / AGI | 4% | 4% | 7% | 8% | 8% | 12% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
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