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					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)
                                        NEBRASKA
Number of returns                                                           918,101            631,285          126,504                  74,764             67,153            18,395
   Number of joint returns                                                  372,607            140,065              90,689               65,189             60,400            16,264
   Number with paid preparer's signature                                    527,554            340,339              81,392               47,115             43,299            15,409
Number of exemptions                                                      1,754,982            957,978          328,345              215,381            198,690               54,588
Adjusted gross income (AGI) [2]                                          44,820,008         11,206,600        7,790,008            6,443,341          8,750,993        10,629,067
   Salaries and wages in AGI: [3] Number                                    744,413            487,095          113,361                  67,970             60,262            15,725
      Amount                                                             31,075,298          9,749,338        6,103,745            4,980,047          6,184,062         4,058,105
   Taxable interest: Number                                                 439,667            227,282              80,189               56,299             58,065            17,832
      Amount                                                              1,445,864            366,976          175,118              133,116            218,891           551,765
   Ordinary dividends: Number                                               224,135                98,294           40,701               31,694             38,549            14,897
      Amount                                                              1,108,762            140,779              90,733               87,944         190,144           599,163
   Business or profession net income (less loss): Number                    131,084                73,537           23,654               14,847             14,107             4,939
      Amount                                                              1,092,433            329,772          171,209              124,724            225,248           241,481
   Number of farm returns                                                       47,755             28,173            8,778                5,107              4,230             1,467
   Net capital gain (less loss) in AGI: Number                              204,875                90,392           36,136               27,871             35,666            14,810
      Amount                                                              3,930,196            299,025          168,046              183,374            478,371         2,801,380
   Taxable individual retirement arrangements distributions: Number             80,711             44,166           14,948                9,617              9,347             2,633
      Amount                                                                851,258            254,656          154,758              133,290            196,922           111,633
   Taxable pensions and annuities in AGI: Number                            148,739                82,015           27,342               17,829             17,543             4,010
      Amount                                                              2,194,410            734,049          451,745              372,859            495,075           140,682
   Unemployment compensation: [4] Number                                        30,930             23,175            4,619                1,958              1,077              101
      Amount                                                                    81,189             59,758           12,416                5,296              3,353              366
   Taxable Social Security benefits in AGI: Number                              95,707             44,343           22,808               12,865             11,873             3,818
      Amount                                                              1,025,394            213,000          297,733              216,185            218,925               79,550
   Self-employment retirement plans: Number                                      5,858               883              824                  825               1,814             1,512
      Amount                                                                    80,499              4,493            5,683                7,226             24,294            38,803
Total itemized deductions: [5] Number                                       272,135                81,221           61,639               52,586             59,158            17,531
   Amount                                                                 6,115,391          1,235,236        1,014,250              989,675          1,469,208         1,407,023
   State and local income taxes: Number                                     237,469                55,631           56,570               50,538             57,716            17,014
      Amount                                                              1,349,432                91,177       149,823              192,821            378,399           537,210
   State and local general sales tax: Number                                    32,408             23,350            5,084                2,043              1,414              517
      Amount                                                                    41,839             23,006            8,209                4,514              4,187             1,923
   Real estate taxes: Number                                                243,942                64,995           56,355               49,829             56,304            16,459
      Amount                                                                825,025            154,988          154,722              157,720            231,721           125,875
   Taxes paid: Number                                                       272,132                80,861           61,845               52,672             59,203            17,551
      Amount                                                              2,336,376            291,479          334,975              379,065            648,468           682,390
   Mortgage interest paid: Number                                           219,316                56,440           51,866               46,523             50,862            13,625
      Amount                                                              1,850,469            362,527          375,222              366,312            469,945           276,464
   Contributions: Number                                                    226,808                56,577           50,811               46,746             55,681            16,993
      Amount                                                              1,004,289            103,570          115,062              124,735            228,334           432,588
Taxable income: Number                                                      681,098            395,007          125,963                  74,654             67,098            18,376
   Amount                                                                30,663,568          5,440,904        5,016,886            4,487,196          6,522,823         9,195,757
Total tax credits: [6] Number                                               301,408            145,565              66,390               43,960             36,037             9,456
   Amount                                                                   344,566            101,115          104,795                  76,044             40,993            21,616
   Residential energy tax credit: Number                                        32,818              9,039            9,161                6,890              6,515             1,213
      Amount                                                                     6,495              1,626            1,768                1,373              1,413              313
   Child tax credit: Number                                                 164,652                69,356           46,258               29,848             19,176               14
      Amount                                                                226,127                61,464           79,796               55,416             29,434               16
   Child and dependent care credit: Number                                      54,016             18,806           14,728               10,487              8,728             1,267
      Amount                                                                    25,698              8,745            7,325                5,143              3,928              558
Earned income credit: [7] Number                                            123,144            123,144                   0                   0                  0                 0
   Amount                                                                   224,630            224,630                   0                   0                  0                 0
   Excess earned income credit (refundable): [8] Number                     106,755            106,755                   0                   0                  0                 0
      Amount                                                                200,172            200,172                   0                   0                  0                 0
Alternative minimum tax: Number                                                 17,759               178              243                  340               3,695            13,303
      Amount                                                                    88,956               658              299                  578               6,607            80,813
Income tax: [9] Number                                                      611,364            332,477          119,501                  74,005             67,000            18,381
   Amount                                                                 5,148,196            559,044          583,398              564,581          1,090,691         2,350,482
Total tax liability: [10] Number                                            654,647            373,194          121,760                  74,242             67,067            18,384
   Amount                                                                 5,448,164            664,269          636,356              605,498          1,149,073         2,392,969
Tax due at time of filing: [11] Number                                      186,755                90,048           35,196               21,937             28,855            10,719
   Amount                                                                   838,512            137,032              81,946               73,383         166,979           379,173
Overpayments refunded: [12] Number                                          631,147            452,784              88,026               50,575             34,930             4,832
Amount   1,305,360   728,775   218,506   152,581   132,061   73,438
* - 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.