IRS Income Data for Scotland, SD 57059
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 21% | 28% | 18% | 8% | 5% | 0% |
| Number of returns | 126 | 127 | 174 | 108 | 51 | 30 | 0 |
| Number of joint returns | 20 | 35 | 81 | 91 | 45 | 25 | 0 |
| Number of returns from paid preparer | 81 | 92 | 123 | 85 | 48 | 28 | 0 |
| Total number of exemptions | 118 | 188 | 365 | 286 | 126 | 67 | 0 |
| Total number of dependents | 16 | 21 | 57 | 44 | 24 | 0 | 0 |
| Adjusted gross income | $-365 | $17,099 | $36,992 | $61,476 | $85,526 | $169,194 | |
| Salaries and wages | $4,602 | $10,612 | $24,217 | $37,241 | $41,474 | $47,172 | |
| Taxable interest | $376 | $1,357 | $1,788 | $3,304 | $4,439 | $6,119 | |
| Ordinary dividends | $19 | $318 | $209 | $1,279 | $677 | $1,249 | |
| Business or professional net income | $0 | $511 | $1,867 | $1,887 | $6,665 | $0 | |
| Net capital gain | $329 | $457 | $1,163 | $1,220 | $5,843 | $12,331 | |
| Taxable individual retirement account distributions | $0 | $849 | $641 | $945 | $1,983 | $0 | |
| Taxable pensions and annuities | $0 | $1,595 | $2,403 | $2,710 | $3,016 | $0 | |
| Unemployment compensation | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,487 | $3,960 | $3,646 | $9,177 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,275 | $1,876 | $2,982 | $6,786 | $0 | |
| State and local income taxes | $0 | $0 | $0 | $0 | $0 | $0 | |
| State and local general sales tax | $0 | $77 | $57 | $155 | $390 | $0 | |
| Real estate taxes | $0 | $219 | $0 | $207 | $537 | $0 | |
| Taxes paid | $0 | $231 | $108 | $418 | $1,183 | $0 | |
| Mortgage interest paid | $0 | $0 | $0 | $0 | $1,818 | $0 | |
| Contributions | $0 | $277 | $0 | $297 | $0 | $0 | |
| Taxable income | $429 | $4,775 | $19,980 | $40,091 | $62,698 | $148,806 | |
| Total tax credits | $0 | $47 | $427 | $831 | $609 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $265 | $697 | $0 | $0 | |
| Child and dependent care credit | $0 | $0 | $44 | $65 | $0 | $0 | |
| Earned income credit | $296 | $528 | $144 | $0 | $0 | $0 | |
| Excess earned income credit | $225 | $440 | $84 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $38 | $430 | $1,912 | $4,341 | $7,782 | $23,848 | |
| Total tax liability | $275 | $704 | $2,470 | $5,367 | $11,119 | $27,495 | |
| Tax due at time of filing | $60 | $194 | $562 | $1,651 | $4,726 | $4,327 | |
| Overpayments refunded | $-651 | $-1,080 | $-1,534 | $-1,198 | $-1,725 | $0 | |
| Total Tax Liability / AGI | -75% | 4% | 7% | 9% | 13% | 16% |
All numbers in the table are 2010 averages for that income class and zip code.
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