IRS Income Data for Mountain Lake, MN 56159
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More about Mountain Lake MN 56159
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 21% | 28% | 17% | 7% | 5% | 2% |
| Number of returns | 244 | 265 | 345 | 208 | 92 | 62 | 23 |
| Number of joint returns | 28 | 58 | 161 | 174 | 88 | 58 | 18 |
| Number of returns from paid preparer | 144 | 177 | 245 | 161 | 79 | 52 | 22 |
| Total number of exemptions | 209 | 452 | 808 | 598 | 284 | 179 | 52 |
| Total number of dependents | 24 | 80 | 138 | 102 | 48 | 31 | 0 |
| Adjusted gross income | $4,687 | $17,856 | $36,503 | $61,058 | $86,166 | $129,316 | $474,266 |
| Salaries and wages | $4,279 | $12,744 | $26,262 | $46,569 | $51,869 | $49,218 | $51,834 |
| Taxable interest | $338 | $914 | $1,115 | $1,085 | $1,715 | $2,634 | $25,103 |
| Ordinary dividends | $68 | $317 | $281 | $236 | $819 | $1,439 | $8,164 |
| Business or professional net income | $256 | $488 | $783 | $1,278 | $2,544 | $2,628 | $0 |
| Net capital gain | $-2 | $-39 | $152 | $65 | $1,313 | $5,094 | $18,617 |
| Taxable individual retirement account distributions | $0 | $675 | $629 | $851 | $1,994 | $2,618 | $0 |
| Taxable pensions and annuities | $388 | $1,023 | $2,070 | $2,939 | $6,385 | $3,552 | $0 |
| Unemployment compensation | $0 | $376 | $378 | $391 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $84 | $1,427 | $2,435 | $5,527 | $8,374 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $954 | $1,474 | $3,296 | $4,545 | $8,373 | $17,930 | $23,614 |
| State and local income taxes | $0 | $54 | $265 | $734 | $1,923 | $5,413 | $14,432 |
| State and local general sales tax | $0 | $39 | $25 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $111 | $212 | $322 | $770 | $846 | $1,046 |
| Taxes paid | $0 | $156 | $520 | $1,106 | $2,769 | $6,355 | $15,623 |
| Mortgage interest paid | $299 | $0 | $444 | $979 | $1,811 | $2,207 | $0 |
| Contributions | $0 | $398 | $495 | $1,074 | $2,056 | $4,815 | $5,128 |
| Taxable income | $489 | $5,036 | $18,065 | $38,063 | $59,933 | $96,899 | $426,583 |
| Total tax credits | $0 | $93 | $508 | $1,017 | $1,358 | $1,547 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $49 | $334 | $675 | $818 | $338 | $0 |
| Child and dependent care credit | $0 | $0 | $31 | $38 | $115 | $0 | $0 |
| Earned income credit | $247 | $778 | $254 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $223 | $728 | $209 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $1,959 |
| Income tax | $51 | $442 | $1,691 | $4,085 | $6,845 | $14,585 | $72,827 |
| Total tax liability | $198 | $675 | $2,140 | $4,897 | $8,284 | $19,518 | $82,237 |
| Tax due at time of filing | $71 | $225 | $375 | $1,164 | $2,104 | $9,717 | $49,029 |
| Overpayments refunded | $-495 | $-1,836 | $-1,899 | $-1,573 | $-1,732 | $-1,360 | $0 |
| Total Tax Liability / AGI | 4% | 4% | 6% | 8% | 10% | 15% | 17% |
All numbers in the table are 2010 averages for that income class and zip code.
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