IRS Income Data for Battle Lake, MN 56515
View threads near Battle Lake, MN 56515 or Start a new Battle Lake MN 56515 thread
More about Battle Lake MN 56515
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 18% | 24% | 16% | 9% | 8% | 2% |
| Number of returns | 329 | 267 | 347 | 235 | 135 | 122 | 33 |
| Number of joint returns | 48 | 93 | 190 | 184 | 115 | 116 | 32 |
| Number of returns from paid preparer | 192 | 159 | 234 | 175 | 109 | 94 | 30 |
| Total number of exemptions | 271 | 447 | 705 | 593 | 310 | 318 | 82 |
| Total number of dependents | 29 | 50 | 93 | 82 | 37 | 49 | 0 |
| Adjusted gross income | $2,710 | $17,081 | $36,332 | $61,409 | $86,323 | $133,302 | $598,148 |
| Salaries and wages | $3,713 | $9,496 | $21,156 | $30,565 | $46,853 | $67,689 | $146,707 |
| Taxable interest | $327 | $994 | $1,722 | $2,093 | $2,752 | $3,581 | $17,148 |
| Ordinary dividends | $186 | $737 | $667 | $1,045 | $2,363 | $2,717 | $13,480 |
| Business or professional net income | $3 | $1,336 | $1,810 | $3,039 | $3,108 | $11,284 | $0 |
| Net capital gain | $-52 | $-27 | $708 | $894 | $1,194 | $6,305 | $53,496 |
| Taxable individual retirement account distributions | $239 | $1,213 | $1,704 | $3,046 | $5,130 | $10,316 | $0 |
| Taxable pensions and annuities | $285 | $3,045 | $6,337 | $12,914 | $12,611 | $22,216 | $21,484 |
| Unemployment compensation | $0 | $350 | $329 | $379 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $120 | $1,837 | $5,750 | $8,187 | $7,788 | $12,190 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,598 | $3,296 | $5,907 | $9,184 | $15,567 | $24,705 | $75,638 |
| State and local income taxes | $28 | $191 | $686 | $1,553 | $3,257 | $6,829 | $36,933 |
| State and local general sales tax | $10 | $44 | $72 | $0 | $0 | $0 | $0 |
| Real estate taxes | $142 | $315 | $525 | $964 | $1,872 | $2,743 | $5,090 |
| Taxes paid | $185 | $576 | $1,292 | $2,626 | $5,255 | $9,866 | $42,788 |
| Mortgage interest paid | $695 | $563 | $2,136 | $3,247 | $5,914 | $8,282 | $11,755 |
| Contributions | $0 | $314 | $697 | $1,259 | $2,294 | $4,295 | $18,149 |
| Taxable income | $256 | $4,129 | $17,252 | $37,599 | $58,929 | $97,825 | $514,652 |
| Total tax credits | $0 | $53 | $255 | $636 | $532 | $326 | $309 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $144 | $457 | $299 | $234 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $35 | $0 | $0 | $0 |
| Earned income credit | $230 | $637 | $193 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $174 | $491 | $129 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,966 |
| Income tax | $26 | $383 | $1,741 | $4,279 | $7,693 | $16,302 | $122,514 |
| Total tax liability | $143 | $664 | $2,205 | $5,190 | $8,329 | $17,647 | $126,041 |
| Tax due at time of filing | $45 | $144 | $381 | $711 | $669 | $2,156 | $15,783 |
| Overpayments refunded | $-400 | $-1,548 | $-1,570 | $-1,667 | $-2,122 | $-2,262 | $-2,953 |
| Total Tax Liability / AGI | 5% | 4% | 6% | 8% | 10% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.