IRS Income Data for Clinton, MN 56225
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 23% | 21% | 16% | 10% | 7% | 0% |
| Number of returns | 86 | 87 | 79 | 62 | 36 | 28 | 0 |
| Number of joint returns | 18 | 25 | 40 | 53 | 33 | 23 | 0 |
| Number of returns from paid preparer | 57 | 58 | 59 | 51 | 31 | 24 | 0 |
| Total number of exemptions | 91 | 126 | 168 | 172 | 104 | 65 | 0 |
| Total number of dependents | 0 | 23 | 22 | 29 | 24 | 0 | 0 |
| Adjusted gross income | $2,880 | $16,841 | $37,065 | $62,288 | $85,792 | $130,081 | |
| Salaries and wages | $6,575 | $11,297 | $27,661 | $40,798 | $39,362 | $41,298 | |
| Taxable interest | $315 | $945 | $1,048 | $1,481 | $3,132 | $7,241 | |
| Ordinary dividends | $0 | $50 | $133 | $192 | $839 | $679 | |
| Business or professional net income | $529 | $0 | $0 | $0 | $0 | $0 | |
| Net capital gain | $0 | $312 | $381 | $998 | $2,713 | $17,726 | |
| Taxable individual retirement account distributions | $0 | $0 | $1,557 | $0 | $3,918 | $0 | |
| Taxable pensions and annuities | $0 | $1,548 | $1,808 | $5,302 | $16,174 | $0 | |
| Unemployment compensation | $0 | $0 | $1,247 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,828 | $2,871 | $7,022 | $6,926 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,454 | $0 | $4,585 | $8,279 | $11,860 | |
| State and local income taxes | $0 | $0 | $0 | $911 | $1,627 | $5,272 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $0 | $577 | $0 | $373 | |
| Taxes paid | $0 | $585 | $0 | $979 | $3,115 | $5,794 | |
| Mortgage interest paid | $0 | $0 | $0 | $1,607 | $2,108 | $0 | |
| Contributions | $0 | $105 | $0 | $934 | $1,271 | $2,515 | |
| Taxable income | $257 | $4,637 | $20,310 | $40,157 | $60,430 | $105,524 | |
| Total tax credits | $0 | $47 | $387 | $1,024 | $904 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $230 | $580 | $561 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $82 | $0 | $0 | |
| Earned income credit | $272 | $765 | $0 | $0 | $0 | $0 | |
| Excess earned income credit | $221 | $634 | $0 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $25 | $438 | $2,032 | $4,187 | $7,190 | $17,323 | |
| Total tax liability | $364 | $618 | $2,393 | $5,011 | $8,279 | $20,201 | |
| Tax due at time of filing | $103 | $203 | $478 | $1,090 | $3,525 | $8,670 | |
| Overpayments refunded | $-584 | $-1,296 | $-1,667 | $-1,246 | $-1,786 | $0 | |
| Total Tax Liability / AGI | 13% | 4% | 6% | 8% | 10% | 16% |
All numbers in the table are 2010 averages for that income class and zip code.
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