IRS Income Data for Parachute, CO 81635
View threads near Parachute, CO 81635 or Start a new Parachute CO 81635 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 11% | 16% | 25% | 19% | 13% | 12% | 3% |
| Number of returns | 285 | 419 | 652 | 490 | 340 | 308 | 71 |
| Number of joint returns | 42 | 93 | 213 | 309 | 282 | 266 | 61 |
| Number of returns from paid preparer | 152 | 235 | 367 | 292 | 209 | 196 | 58 |
| Total number of exemptions | 315 | 727 | 1,417 | 1,330 | 1,032 | 865 | 185 |
| Total number of dependents | 51 | 134 | 249 | 243 | 180 | 147 | 27 |
| Adjusted gross income | $3,619 | $17,140 | $37,051 | $61,960 | $86,952 | $130,711 | $600,356 |
| Salaries and wages | $5,567 | $13,018 | $29,729 | $51,517 | $69,588 | $101,994 | $124,036 |
| Taxable interest | $292 | $389 | $534 | $489 | $660 | $872 | $4,597 |
| Ordinary dividends | $119 | $226 | $447 | $408 | $621 | $950 | $3,803 |
| Business or professional net income | $-130 | $887 | $1,831 | $2,040 | $1,750 | $3,980 | $17,339 |
| Net capital gain | $-72 | $27 | $48 | $40 | $745 | $1,775 | $10,110 |
| Taxable individual retirement account distributions | $0 | $926 | $695 | $1,167 | $2,005 | $2,129 | $2,274 |
| Taxable pensions and annuities | $398 | $1,684 | $2,992 | $3,357 | $6,017 | $8,638 | $11,672 |
| Unemployment compensation | $0 | $141 | $171 | $153 | $254 | $0 | $0 |
| Taxable Social Security benefits | $0 | $60 | $984 | $1,651 | $2,432 | $2,244 | $3,786 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,773 | $1,672 | $4,374 | $7,768 | $11,875 | $18,963 | $40,846 |
| State and local income taxes | $183 | $31 | $275 | $912 | $1,646 | $3,886 | $18,585 |
| State and local general sales tax | $0 | $37 | $54 | $78 | $0 | $94 | $0 |
| Real estate taxes | $105 | $77 | $176 | $275 | $439 | $779 | $1,424 |
| Taxes paid | $315 | $156 | $563 | $1,368 | $2,318 | $5,062 | $21,114 |
| Mortgage interest paid | $906 | $679 | $2,000 | $4,042 | $6,363 | $9,998 | $13,070 |
| Contributions | $0 | $143 | $350 | $461 | $955 | $1,420 | $9,177 |
| Taxable income | $222 | $4,706 | $19,614 | $39,523 | $59,635 | $99,531 | $550,691 |
| Total tax credits | $0 | $67 | $401 | $875 | $1,059 | $555 | $347 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $47 | $341 | $800 | $921 | $474 | $0 |
| Child and dependent care credit | $0 | $0 | $24 | $30 | $51 | $29 | $0 |
| Earned income credit | $306 | $741 | $139 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $275 | $671 | $114 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $99 | $0 | $1,109 |
| Income tax | $23 | $434 | $2,090 | $4,769 | $7,756 | $17,558 | $164,394 |
| Total tax liability | $107 | $604 | $2,375 | $5,207 | $8,229 | $18,434 | $167,255 |
| Tax due at time of filing | $34 | $67 | $257 | $522 | $862 | $1,627 | $37,335 |
| Overpayments refunded | $-1,281 | $-1,820 | $-2,078 | $-2,651 | $-2,883 | $-2,873 | $-6,352 |
| Total Tax Liability / AGI | 3% | 4% | 6% | 8% | 9% | 14% | 28% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.