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 Under $50,000 [1] (2) $50,000 under $75,000 (3) $75,000 under $100,000 (4) $100,000 under $200,000 (5) $200,000 or more (6)
(1) UTAH Number of returns Number of joint returns Number with paid preparer's signature Number of exemptions Adjusted gross income (AGI) [2] Salaries and wages in AGI: [3] Number Amount Taxable interest: Number Amount Ordinary dividends: Number Amount Business or profession net income (less loss): Number Amount Number of farm returns Net capital gain (less loss) in AGI: Number Amount Taxable individual retirement arrangements distributions: Number Amount Taxable pensions and annuities in AGI: Number Amount Unemployment compensation: [4] Number Amount Taxable Social Security benefits in AGI: Number Amount Self-employment retirement plans: Number Amount Total itemized deductions: [5] Number Amount State and local income taxes: Number Amount State and local general sales tax: Number Amount Real estate taxes: Number Amount Taxes paid: Number Amount Mortgage interest paid: Number Amount Contributions: Number Amount Taxable income: Number Amount Total tax credits: [6] Number Amount Residential energy tax credit: Number Amount Child tax credit: Number Amount Child and dependent care credit: Number Amount Earned income credit: [7] Number Amount Excess earned income credit (refundable): [8] Number Amount Alternative minimum tax: Number Amount Income tax: [9] Number Amount Total tax liability: [10] Number Amount Tax due at time of filing: [11] Number Amount Overpayments refunded: [12] Number 1,189,776 539,942 615,649 2,692,518 63,718,881 1,011,946 44,149,836 567,783 1,711,904 196,375 1,113,967 183,431 1,444,215 14,483 185,901 6,068,600 68,596 886,128 175,810 3,416,809 31,382 94,590 99,273 1,080,909 4,628 80,905 470,147 12,111,633 415,210 2,307,949 49,544 70,246 420,850 808,516 470,270 3,270,598 402,653 4,771,670 400,934 3,103,904 892,558 40,803,964 422,780 554,201 38,748 9,738 276,814 398,653 37,177 18,051 156,071 292,123 138,078 257,519 23,367 130,061 754,976 6,842,001 817,605 7,169,381 229,008 1,108,559 873,029
789,273 208,862 387,494 1,426,435 14,766,921 649,346 13,456,883 265,644 330,999 75,632 124,934 97,050 356,832 6,221 68,769 252,800 33,065 217,139 90,687 1,108,558 21,535 62,326 43,071 203,908 587 3,247 145,490 2,473,707 107,318 214,649 33,498 34,403 118,605 173,426 145,321 460,610 116,160 1,163,029 108,534 355,342 494,714 6,343,761 202,965 152,547 8,962 1,826 116,731 97,816 12,943 6,250 156,071 292,124 138,078 257,519 434 1,208 386,841 614,527 440,361 723,123 103,155 95,298 610,918
174,407 129,404 94,549 526,519 10,735,857 158,000 8,778,567 112,600 171,737 34,698 72,839 34,640 203,509 3,089 31,424 147,931 13,641 146,239 34,361 744,872 5,724 17,988 23,883 302,855 442 3,453 121,196 2,373,672 112,467 329,271 8,341 15,738 110,114 167,460 121,354 528,602 107,917 1,102,017 104,554 490,541 172,494 6,091,966 100,062 170,833 11,298 2,417 80,231 141,521 10,516 4,974 0 0 0 0 439 701 147,754 658,932 155,067 709,812 42,075 79,527 129,631
101,006 88,365 54,221 327,094 8,708,547 92,215 6,947,010 77,691 145,950 27,875 70,603 21,363 156,570 2,087 25,834 177,883 9,328 142,187 22,591 592,361 2,513 8,263 14,438 239,187 512 5,154 85,763 1,980,329 82,021 344,754 3,551 8,188 80,022 139,152 85,828 502,703 76,658 854,137 77,310 469,848 100,604 5,466,923 60,376 121,858 8,373 1,854 47,391 100,362 7,056 3,550 0 0 0 0 549 1,277 96,337 655,671 97,760 695,665 27,838 71,965 71,146
96,015 87,301 56,203 315,832 12,553,627 87,536 9,169,059 83,799 291,270 38,995 175,732 22,422 316,191 2,101 38,881 599,480 9,711 232,686 22,738 752,020 1,469 5,378 13,391 244,680 1,456 21,499 89,592 2,755,496 86,525 591,712 2,963 7,995 85,288 198,816 89,645 809,808 79,124 1,048,882 83,722 732,919 95,750 8,671,925 48,412 72,571 8,455 2,010 32,360 58,859 5,729 2,807 0 0 0 0 4,384 9,890 95,023 1,412,814 95,383 1,478,169 39,723 201,929 52,685
29,075 26,010 23,182 96,638 16,953,929 24,849 5,798,317 28,049 771,949 19,175 669,858 7,956 411,113 985 20,993 4,890,507 2,851 147,878 5,433 218,998 141 637 4,490 90,279 1,631 47,552 28,106 2,528,430 26,879 827,563 1,191 3,921 26,821 129,663 28,122 968,876 22,794 603,603 26,814 1,055,256 28,996 14,229,387 10,965 36,392 1,660 1,632 101 96 933 469 0 0 0 0 17,561 116,985 29,021 3,500,057 29,034 3,562,613 16,217 659,842 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.