IRS Income Data for Farmington, AR 72730
View threads near Farmington, AR 72730 or Start a new Farmington AR 72730 thread
More about Farmington AR 72730
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 23% | 26% | 15% | 10% | 8% | 1% |
| Number of returns | 593 | 784 | 875 | 520 | 337 | 264 | 36 |
| Number of joint returns | 82 | 177 | 347 | 391 | 296 | 243 | 32 |
| Number of returns from paid preparer | 315 | 479 | 530 | 304 | 200 | 163 | 30 |
| Total number of exemptions | 657 | 1,430 | 1,818 | 1,504 | 1,027 | 826 | 104 |
| Total number of dependents | 113 | 281 | 327 | 292 | 193 | 162 | 18 |
| Adjusted gross income | $3,261 | $17,041 | $35,963 | $61,251 | $86,555 | $127,501 | $541,259 |
| Salaries and wages | $5,140 | $13,551 | $30,201 | $51,600 | $74,367 | $104,105 | $153,385 |
| Taxable interest | $551 | $404 | $633 | $682 | $984 | $2,005 | $26,997 |
| Ordinary dividends | $98 | $86 | $185 | $178 | $396 | $931 | $14,542 |
| Business or professional net income | $-114 | $975 | $582 | $1,272 | $1,286 | $1,634 | $-968 |
| Net capital gain | $148 | $151 | $85 | $238 | $1,035 | $3,353 | $48,327 |
| Taxable individual retirement account distributions | $173 | $405 | $581 | $723 | $2,806 | $2,682 | $0 |
| Taxable pensions and annuities | $268 | $1,326 | $2,653 | $3,993 | $4,333 | $6,877 | $0 |
| Unemployment compensation | $113 | $361 | $340 | $361 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $68 | $801 | $1,935 | $1,510 | $2,211 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,143 | $1,702 | $3,641 | $7,645 | $14,817 | $23,193 | $68,992 |
| State and local income taxes | $54 | $46 | $419 | $1,205 | $2,959 | $5,984 | $25,696 |
| State and local general sales tax | $12 | $53 | $64 | $85 | $136 | $0 | $0 |
| Real estate taxes | $100 | $90 | $245 | $493 | $1,069 | $1,618 | $2,753 |
| Taxes paid | $179 | $212 | $776 | $1,886 | $4,310 | $7,977 | $29,066 |
| Mortgage interest paid | $660 | $675 | $1,596 | $3,150 | $6,761 | $8,840 | $14,178 |
| Contributions | $0 | $172 | $395 | $1,089 | $1,945 | $3,226 | $11,520 |
| Taxable income | $225 | $4,457 | $18,972 | $37,771 | $57,799 | $91,885 | $464,023 |
| Total tax credits | $0 | $89 | $407 | $1,013 | $1,247 | $779 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $39 | $295 | $835 | $847 | $544 | $0 |
| Child and dependent care credit | $0 | $10 | $28 | $74 | $92 | $100 | $0 |
| Earned income credit | $348 | $1,095 | $248 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $316 | $975 | $205 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $1,846 |
| Income tax | $22 | $389 | $1,947 | $4,170 | $7,053 | $14,955 | $116,394 |
| Total tax liability | $162 | $592 | $2,142 | $4,525 | $7,476 | $15,514 | $117,826 |
| Tax due at time of filing | $63 | $78 | $110 | $425 | $603 | $1,407 | $24,551 |
| Overpayments refunded | $-770 | $-2,178 | $-2,169 | $-2,209 | $-2,910 | $-3,034 | $-3,551 |
| Total Tax Liability / AGI | 5% | 3% | 6% | 7% | 9% | 12% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.