IRS Income Data for Panhandle, TX 79068
View threads near Panhandle, TX 79068 or Start a new Panhandle TX 79068 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 18% | 17% | 22% | 16% | 14% | 10% | 2% |
| Number of returns | 247 | 235 | 296 | 221 | 188 | 137 | 24 |
| Number of joint returns | 27 | 63 | 129 | 166 | 170 | 124 | 22 |
| Number of returns from paid preparer | 131 | 130 | 170 | 116 | 95 | 87 | 20 |
| Total number of exemptions | 213 | 389 | 632 | 603 | 584 | 420 | 63 |
| Total number of dependents | 35 | 59 | 116 | 114 | 111 | 85 | 0 |
| Adjusted gross income | $2,669 | $17,166 | $36,309 | $61,399 | $86,102 | $125,419 | $306,932 |
| Salaries and wages | $3,556 | $13,233 | $28,473 | $51,305 | $75,890 | $88,371 | $88,277 |
| Taxable interest | $342 | $699 | $862 | $575 | $1,229 | $3,936 | $6,829 |
| Ordinary dividends | $51 | $185 | $256 | $409 | $314 | $1,845 | $21,072 |
| Business or professional net income | $347 | $837 | $805 | $1,253 | $1,532 | $6,360 | $0 |
| Net capital gain | $-24 | $-105 | $119 | $-59 | $499 | $5,460 | $29,329 |
| Taxable individual retirement account distributions | $238 | $421 | $717 | $1,191 | $1,928 | $3,832 | $0 |
| Taxable pensions and annuities | $559 | $1,931 | $3,433 | $4,091 | $3,335 | $7,177 | $0 |
| Unemployment compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $83 | $1,184 | $1,413 | $2,097 | $3,096 | $8,763 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $1,651 | $2,300 | $2,864 | $6,319 | $10,097 | $20,129 |
| State and local income taxes | $0 | $0 | $0 | $79 | $0 | $288 | $0 |
| State and local general sales tax | $0 | $74 | $111 | $195 | $439 | $833 | $1,306 |
| Real estate taxes | $0 | $120 | $153 | $312 | $816 | $1,062 | $2,500 |
| Taxes paid | $0 | $204 | $299 | $572 | $1,316 | $2,121 | $5,337 |
| Mortgage interest paid | $0 | $0 | $408 | $668 | $1,920 | $3,002 | $0 |
| Contributions | $0 | $205 | $455 | $489 | $1,326 | $2,579 | $12,369 |
| Taxable income | $247 | $4,759 | $19,109 | $40,274 | $61,297 | $98,826 | $275,434 |
| Total tax credits | $0 | $62 | $392 | $908 | $1,218 | $792 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $21 | $310 | $758 | $962 | $620 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $48 | $71 | $0 | $0 |
| Earned income credit | $299 | $820 | $251 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $269 | $695 | $207 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $230 | $0 |
| Income tax | $24 | $457 | $1,964 | $4,662 | $7,615 | $16,427 | $65,617 |
| Total tax liability | $152 | $694 | $2,281 | $5,152 | $7,929 | $17,455 | $69,019 |
| Tax due at time of filing | $56 | $106 | $257 | $623 | $564 | $2,335 | $16,369 |
| Overpayments refunded | $-541 | $-1,823 | $-2,119 | $-2,305 | $-3,059 | $-2,101 | $0 |
| Total Tax Liability / AGI | 6% | 4% | 6% | 8% | 9% | 14% | 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.