Table 2. Individual Income and Tax Data, by State
And Size of Adjusted Gross Income, Tax Year 2007*
[Money amounts are in thousands of dollars]
Size of adjusted gross income
Item All returns $50,000 $75,000 $100,000
Under $200,000
under under under
$50,000 [1] or more
$75,000 $100,000 $200,000
(1) (2) (3) (4) (5) (6)
UTAH
Number of returns 1,189,776 789,273 174,407 101,006 96,015 29,075
Number of joint returns 539,942 208,862 129,404 88,365 87,301 26,010
Number with paid preparer's signature 615,649 387,494 94,549 54,221 56,203 23,182
Number of exemptions 2,692,518 1,426,435 526,519 327,094 315,832 96,638
Adjusted gross income (AGI) [2] 63,718,881 14,766,921 10,735,857 8,708,547 12,553,627 16,953,929
Salaries and wages in AGI: [3] Number 1,011,946 649,346 158,000 92,215 87,536 24,849
Amount 44,149,836 13,456,883 8,778,567 6,947,010 9,169,059 5,798,317
Taxable interest: Number 567,783 265,644 112,600 77,691 83,799 28,049
Amount 1,711,904 330,999 171,737 145,950 291,270 771,949
Ordinary dividends: Number 196,375 75,632 34,698 27,875 38,995 19,175
Amount 1,113,967 124,934 72,839 70,603 175,732 669,858
Business or profession net income (less loss): Number 183,431 97,050 34,640 21,363 22,422 7,956
Amount 1,444,215 356,832 203,509 156,570 316,191 411,113
Number of farm returns 14,483 6,221 3,089 2,087 2,101 985
Net capital gain (less loss) in AGI: Number 185,901 68,769 31,424 25,834 38,881 20,993
Amount 6,068,600 252,800 147,931 177,883 599,480 4,890,507
Taxable individual retirement arrangements distributions: Number 68,596 33,065 13,641 9,328 9,711 2,851
Amount 886,128 217,139 146,239 142,187 232,686 147,878
Taxable pensions and annuities in AGI: Number 175,810 90,687 34,361 22,591 22,738 5,433
Amount 3,416,809 1,108,558 744,872 592,361 752,020 218,998
Unemployment compensation: [4] Number 31,382 21,535 5,724 2,513 1,469 141
Amount 94,590 62,326 17,988 8,263 5,378 637
Taxable Social Security benefits in AGI: Number 99,273 43,071 23,883 14,438 13,391 4,490
Amount 1,080,909 203,908 302,855 239,187 244,680 90,279
Self-employment retirement plans: Number 4,628 587 442 512 1,456 1,631
Amount 80,905 3,247 3,453 5,154 21,499 47,552
Total itemized deductions: [5] Number 470,147 145,490 121,196 85,763 89,592 28,106
Amount 12,111,633 2,473,707 2,373,672 1,980,329 2,755,496 2,528,430
State and local income taxes: Number 415,210 107,318 112,467 82,021 86,525 26,879
Amount 2,307,949 214,649 329,271 344,754 591,712 827,563
State and local general sales tax: Number 49,544 33,498 8,341 3,551 2,963 1,191
Amount 70,246 34,403 15,738 8,188 7,995 3,921
Real estate taxes: Number 420,850 118,605 110,114 80,022 85,288 26,821
Amount 808,516 173,426 167,460 139,152 198,816 129,663
Taxes paid: Number 470,270 145,321 121,354 85,828 89,645 28,122
Amount 3,270,598 460,610 528,602 502,703 809,808 968,876
Mortgage interest paid: Number 402,653 116,160 107,917 76,658 79,124 22,794
Amount 4,771,670 1,163,029 1,102,017 854,137 1,048,882 603,603
Contributions: Number 400,934 108,534 104,554 77,310 83,722 26,814
Amount 3,103,904 355,342 490,541 469,848 732,919 1,055,256
Taxable income: Number 892,558 494,714 172,494 100,604 95,750 28,996
Amount 40,803,964 6,343,761 6,091,966 5,466,923 8,671,925 14,229,387
Total tax credits: [6] Number 422,780 202,965 100,062 60,376 48,412 10,965
Amount 554,201 152,547 170,833 121,858 72,571 36,392
Residential energy tax credit: Number 38,748 8,962 11,298 8,373 8,455 1,660
Amount 9,738 1,826 2,417 1,854 2,010 1,632
Child tax credit: Number 276,814 116,731 80,231 47,391 32,360 101
Amount 398,653 97,816 141,521 100,362 58,859 96
Child and dependent care credit: Number 37,177 12,943 10,516 7,056 5,729 933
Amount 18,051 6,250 4,974 3,550 2,807 469
Earned income credit: [7] Number 156,071 156,071 0 0 0 0
Amount 292,123 292,124 0 0 0 0
Excess earned income credit (refundable): [8] Number 138,078 138,078 0 0 0 0
Amount 257,519 257,519 0 0 0 0
Alternative minimum tax: Number 23,367 434 439 549 4,384 17,561
Amount 130,061 1,208 701 1,277 9,890 116,985
Income tax: [9] Number 754,976 386,841 147,754 96,337 95,023 29,021
Amount 6,842,001 614,527 658,932 655,671 1,412,814 3,500,057
Total tax liability: [10] Number 817,605 440,361 155,067 97,760 95,383 29,034
Amount 7,169,381 723,123 709,812 695,665 1,478,169 3,562,613
Tax due at time of filing: [11] Number 229,008 103,155 42,075 27,838 39,723 16,217
Amount 1,108,559 95,298 79,527 71,965 201,929 659,842
Overpayments refunded: [12] Number 873,029 610,918 129,631 71,146 52,685 8,649
Amount 2,015,489 1,021,181 357,480 227,755 239,509 169,562
* - Data for Tax Year 2007 includes returns that were filed by individuals only to
receive the economic stimulus payment and who had no other reason to file.
This may affect the data for various items shown in the table such as the total
number of returns filed (including joint and paid preparer returns), number of
exemptions, salaries and wages, and adjusted gross income.
** - Not shown to avoid disclosure of information about specific taxpayers.
However, the data are combined with data in an adjacent size class, as
appropriate, and included in the appropriate totals.
[1] Includes returns with adjusted gross deficit.
[2] Less deficit.
[3] "Number," here, and elsewhere in Table 2, represents number of returns,
unless otherwise specified.
[4] Includes the Alaskan permanent fund, reported by residents of Alaska on
Forms 1040A and 1040EZ's. This fund only applies to statistics in the U.S. totals,
and the state of Alaska.
[5] "Itemized deductions" include any amounts reported by the taxpayer, even if
they could not be used in computing "taxable income," the base on which the
regular income tax was computed. Thus, total itemized deductions include
amounts that did not have to be reported by taxpayers with no "adjusted gross
income." (Adjusted gross income is the total from which these deductions would
normally be subtracted.) In addition, if standard and itemized deductions were
both reported on a tax return, the form of deduction actually used in computing
income tax was the one used for the statistics. Therefore, if the standard
deduction was the form of deduction used, the total reported for itemized
deductions was excluded from the statistics. However, the component
deductions were not similarly excluded. As a result, the number of returns and
related amounts for the component deductions are slightly overstated in relation
to the grand total shown for itemized deductions. These components are also
overstated in relation to the total because there was a statutory limitation on the
total of itemized deductions that could be claimed by certain high-income
taxpayers. This limitation did not affect the component deductions, the sum
of which therefore exceeded the total used in computing income tax.
[6] Unlike Table 1, Table 2's "Total tax credits" excludes the "earned income
credit" which is shown separately below in the table.
[7] "Earned income credit" includes both the refundable and non-refundable
portions. The non-refundable portion could reduce income tax and certain
related taxes to zero. The earned income credit amounts in excess of total tax
liability, or amounts when there was no tax liability at all, were refundable. See
footnote 8 below for explanation of the refundable portion of the earned income
credit.
[8] The refundable portion of the "earned income credit" equals "total income tax"
minus the "earned income credit". If the result is negative, this amount is considered
the refundable portion.
[9] "Income tax" is in general, the same as "income tax after credits" which was
redefined in Tax Year 2000 to include the "alternative minimum tax (AMT)". Table
2 "Income tax" differs from "total income tax" (in Tables 1 and 3) in that Table 2
"Income tax" is after the subtraction of all tax credits except the earned income
credit. See footnotes 7 and 8 above, for an explanation of the treatment of the
earned income credit. "Income tax" reflects the amount reported on the tax return
and is, therefore, before any examination or enforcement activities by the Internal
Revenue Service. It represents the tax filer reported income tax liability that was
payable to the U.S. Department of the Treasury.
[10] For Table 2, "Total tax liability" differs from "Income tax," in that "Total tax
liability" includes the taxes from recapture of certain prior-year credits, tax
applicable to individual retirement arrangements (IRA's), Social Security taxes on
self-employment income and on certain tip income, advanced earned income
payments, household employment taxes, and certain "other taxes" listed in the
Form 1040 instructions.
[11] Reflects payments to or withholdings made to "Total tax liability" (footnote
10). The amount the tax filer owes when the income tax return is filed.
[12] The amount of overpayments the tax filer requested to have refunded.
[13] Includes, for example, returns filed from Army Post
Office and Fleet Post Office addresses by members of the armed forces
stationed overseas; returns filed by other U.S. citizens abroad; and returns filed by
residents of Puerto Rico with income from sources outside Puerto Rico or with
income earned as U.S. government employees.
NOTE: This table presents aggregates of all returns filed and processed through
the Individual Master File (IMF) system during Calendar Year 2008, including any
returns filed for tax years preceding 2007.
In general, during administrative or Master File processing, taxpayer reporting
discrepancies are corrected only to the extent necessary to verify the total tax
liability reported. Most of the other corrections to the taxpayer records used for
these statistics could not be made because of time and resource constraints.
The statistics in Table 2 should, therefore, be used with the knowledge that some
of the data have not been perfected or edited for statistical purposes and that
U.S. totals in this table may not be altogether comparable to U.S. totals in Tables
1 and 3, as a result. Also, see footnote 13, above for differences in tax return
coverage, which affects U.S. totals in this table.
Classification by State was usually based on the taxpayer's home address.
However, some taxpayers may have used the address of a tax lawyer, or
accountant, or the address of a place of business; moreover, such addresses
could each have been located in a State other than the State in which the
taxpayer resided.
For explanation of the tax law changes which could affect the year-to-year
analysis of data, refer to the respective years' "Individual Income Tax Returns,
Preliminary Data" article published in the SOI Spring Bulletin. For further
explanation of the tax terms, refer to the respective years' "Individual Income Tax
Returns," Publication 1304.
Note: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Division, Individual Master File System,
May 2009.