Tax Year 2001, United States Selected Income and Tax Items for Individual Income Tax Returns: Forms 1040, 1040A & 1040EZ, By State and Size of Adjusted Gross Income, Filing/Processing Period: January 1, 2002 to December 31, 2002
(Amounts are in thousands of dollars)
Size of Adjuste
Vermont
Total Returns
Breakeven and Loss
$0.01 Under $10,000
$10,000 Under $20,000
$20,000 Under $30,000
$30,000 Under $50,000
Returns Count Joint Returns Count Single Returns Count Head of Household Count Number of Farm Returns Paid Preparer Returns Count Salaries and Wages: Number of Returns Amount Taxable Interest Income: Number of Returns Amount Tax-exempt Interest: Number of Returns Amount Dividends Received: Number of Returns Amount State and Local Refunds: Number of Returns Amount Business or Profession Net Income (less loss): Number of Returns Amount Net Capital Gain (less loss): Number of Returns Amount Taxable IRA Distributions: Number of Returns Amount Taxable Pensions / Annuities: Number of Returns Amount Farm Net Income / Loss:
301,294 123,190 148,795 24,927 4,340 155,193
3,811 1,123 2,411 157 359 2,779
60,077 4,561 50,986 3,809 503 25,118
52,526 10,047 34,559 6,936 663 26,335
46,326 11,949 26,939 6,320 562 22,825
57,781 28,144 23,263 5,380 800 31,518
256,248 8,940,613
1,078 16,020
47,318 221,465
41,879 570,831
40,659 920,761
52,143 1,810,555
186,067 402,754
2,351 7,202
24,192 19,040
23,496 39,725
24,026 35,288
39,815 60,021
13,136 125,636
209 2,248
828 2,523
923 3,119
950 4,180
2,023 11,594
86,077 326,032
1,768 4,092
10,343 10,562
9,294 17,117
8,693 16,729
15,590 34,304
58,732 53,098
307 543
1,015 628
2,542 1,619
4,471 2,581
13,191 7,621
54,054 629,325
1,410 -12,797
7,116 23,247
8,093 56,843
7,003 58,159
11,480 109,192
67,605 622,181
2,009 2,832
7,840 2,262
6,877 7,896
6,429 9,707
11,767 25,029
22,061 200,835
139 1,836
1,757 4,790
3,822 16,035
3,163 16,461
4,458 29,661
46,037 630,945
281 1,932
4,454 18,199
8,858 69,893
6,836 72,491
9,525 127,628
Number of Returns Amount Unemployment Compensation: Number of Returns Amount Taxable Social Security Income: Number of Returns Amount IRA Payments: Number of Returns Amount Student Loan Interest Deduction: Number of Returns Amount S.E. Health Insurance Deduction: Number of Returns Amount Self-Employed Retirement Plan Payments: Number of Returns Amount Total Adjustments: Number of Returns Amount AGI Amount Total Itemized Deductions: Number of Returns Amount Total Standard Deduction: Number of Returns Amount Taxable Income: Number of Returns Amount Income Tax Before Credits: Number of Returns Amount Child Tax Credit: Number of Returns Amount Child Care Credit: Number of Returns Amount Education Credits:
4,284 -8,143
357 -5,501
494 -1,285
660 56
558 167
791 1,166
23,203 60,252
68 271
1,973 3,773
5,720 13,763
4,993 12,862
5,543 15,032
23,565 194,198
11 91
91 407
537 900
4,219 7,583
7,604 41,687
13,229 28,355
42 87
481 777
1,275 2,318
2,026 4,007
3,667 7,990
19,298 12,677
90 82
1,053 518
3,197 1,738
4,306 3,022
5,806 4,416
12,804 29,470
223 578
985 1,473
1,660 2,733
1,682 3,244
2,585 5,510
4,070 30,595
7 28
50 83
156 441
248 843
605 2,630
75,015 178,702 12,390,156
739 1,663 -145,343
7,524 5,611 296,476
11,115 13,289 788,517
11,579 18,278 1,146,864
17,515 34,532 2,260,457
96,876 1,622,164
877 16,570
2,049 23,361
4,761 56,174
7,603 85,459
20,658 235,275
204,418 1,139,810
2,934 13,614
58,028 254,717
47,765 266,820
38,723 221,530
37,123 237,610
246,942 8,451,288
0 0
20,169 34,283
43,467 280,680
45,297 624,127
57,437 1,437,944
246,961 1,663,189
11 6
20,177 4,054
43,468 41,144
45,298 93,073
57,436 223,561
57,157 50,778
7 1
13 2
4,253 1,451
9,007 5,619
16,563 15,755
13,475 5,699
0 0
** **
** **
1,514 566
3,268 1,263
Number of Returns Amount Foreign Tax Credit: Number of Returns Amount General Business Credit: Number of Returns Amount Total Credits: Number of Returns Amount Self-Employment Tax: Number of Returns Amount Income Tax: Number of Returns Amount Total Tax Liability: Number of Returns Amount Withholding Tax: Number of Returns Amount Estimated Tax Payment: Number of Returns Amount Earned Income Credit: Number of Returns Amount Excess Earned Income Credit: Number of Returns Amount Total Tax Payments: Number of Returns Amount Overpayment (Negative Amount): Number of Returns Amount Tax Due at Time of Filing: Number of Returns Amount Medical and Dental Expense: Number of Returns
14,415 12,468
** **
** **
2,067 1,363
1,961 1,527
3,645 3,246
11,501 9,780
0 0
548 16
655 34
804 81
1,844 228
797 1,876
0 0
4 0
27 16
47 50
118 159
109,025 94,431
24 3
4,579 316
21,885 6,215
18,187 10,884
24,030 23,672
44,433 100,216
502 668
6,129 4,279
7,097 9,924
5,764 10,523
9,217 19,044
235,395 1,581,848
10 49
19,634 3,798
38,787 34,947
41,090 82,204
55,458 199,961
247,425 1,691,182
649 972
24,942 8,357
42,181 45,558
42,824 93,419
56,308 220,428
262,509 1,393,170
942 2,108
45,543 18,189
44,121 61,688
42,420 112,257
54,089 244,003
41,566 465,643
506 2,681
2,899 4,602
4,972 10,194
4,846 14,502
8,290 35,382
33,050 47,128
365 313
13,182 12,489
10,162 24,945
8,674 9,242
667 139
25,241 37,895
226 197
10,265 10,743
9,190 21,145
5,312 5,760
248 51
284,531 1,961,472
1,638 5,411
51,239 35,620
48,902 99,832
45,389 139,602
57,114 282,598
223,855 -385,628
1,335 -4,509
46,785 -29,104
42,279 -59,339
37,682 -52,421
44,119 -75,672
58,447 176,633
381 409
7,479 2,596
8,002 6,576
7,295 7,931
11,612 17,190
16,062
569
1,324
2,825
2,684
4,126
Amount State and Local Income Tax: Number of Returns Amount Real Estate Tax: Number of Returns Amount Taxes Paid Deduction: Number of Returns Amount Interest Paid Deduction: Number of Returns Amount Contributions Deduction: Number of Returns Amount FOOTNOTES: * - Less than $500. ** - Omitted to avoid disclosure of specific taxpayer information. Details may not add to totals because of rounding. Special Note: These data include Tax Year 2000 returns that were filed after December 31, 2001, for those taxpayers who were granted an additional extension of time to file because of the events of September 11, 2001. This table presents aggregates of all returns filed and processed through the Individual Master File (IMF) system during Calendar Year 2002. In general, during administrative or Master File processing, taxpayer reporting discrepancies are corrected only to the extent necessary to verify the income 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 this table should, therefore, be used with the knowledge that some of the data have not been perfected or edited for statistical purposes. 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. This table includes (a) "substitutes for returns," whereby the Internal Revenue Service constructs returns for certain non-filers on the basis of available information and imposes an income tax on the resulting estimate of the tax base, i.e., "taxable income," and (b) returns of nonresident or departing aliens. Itemized deductions include any amounts reported by the taxpayer, even if
108,999
3,506
9,057
19,677
17,267
21,792
93,861 376,585
549 2,158
1,409 1,649
3,820 2,981
7,167 6,772
20,297 29,583
90,685 294,872
750 3,117
1,546 3,849
4,098 9,967
6,841 15,795
19,302 46,443
96,977 681,931
869 5,331
2,047 5,723
4,657 13,227
7,606 23,018
20,758 77,577
82,793 594,045
642 6,453
1,207 6,525
3,153 16,687
6,078 33,031
18,041 104,105
79,029 192,997
0 0
1,186 1,039
3,323 3,975
5,279 6,234
15,495 18,763
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. Income tax includes the "alternative minimum tax." Total tax liability differs from "income tax" in that it is the sum of income tax after subtraction of all tax credits except the "earned income credit," and, in addition, includes the "alternative minimum tax," taxes from recapture of prior-year investment and low-income housing credits, tax applicable to Individual Retirement Arrangements (IRA's), Social Security taxes on selfemployment income and on certain tip income, and certain other incomerelated taxes. 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; credit amounts in excess of tax, or amounts when there was no tax liability at all, were refundable. AGI Amount is less deficits, where applicable. Tax-exempt Interest is not included in AGI. Total Credits excludes the "earned income credit," shown separately below. Excess Earned Income Credit, or the refundable portion of the "earned income credit" equals the amount in excess of "total tax liability," which is shown in the table. The excess credit shown includes any "advance earned income credit payments" for those returns that had such an excess. SOURCE: Internal Revenue Service, Information Services, Martinsburg Computing Center, Master File Service Support Branch. Unpublished data. April 2003.
Size of Adjusted Gross Income $50,000 Under $75,000 $75,000 Under $100,000 $100,000 Under $150,000 $150,000 Under $200,000 $200,000 Under $500,000 $500,000 Under $1,000,000 $1,000,000 and Over
42,671 33,943 6,890 1,598 683 24,031
18,802 16,504 1,848 355 304 10,196
11,596 10,251 1,069 216 238 6,615
3,496 3,068 343 65 88 2,343
3,482 3,012 371 79 103 2,791
491 393 84 ** 21 432
235 195 32 ** 16 210
39,180 2,082,529
17,147 1,239,093
10,365 965,172
3,001 365,719
2,903 489,803
384 113,527
191 145,138
35,970 61,415
17,503 39,488
11,159 40,191
3,406 20,162
3,429 40,901
487 18,272
233 21,049
2,296 20,119
1,653 11,604
1,697 17,550
854 10,523
1,293 22,325
253 10,375
157 9,475
16,258 40,990
9,883 33,252
7,773 41,364
2,768 26,376
3,028 52,362
455 22,282
224 26,603
17,379 10,948
9,264 6,709
6,215 6,358
1,968 3,608
1,966 6,308
269 2,728
145 3,445
9,341 108,704
4,299 72,016
2,878 75,685
1,045 39,504
1,149 72,756
179 18,099
61 7,919
12,345 39,256
7,761 40,690
6,522 65,475
2,506 48,731
2,873 131,564
449 78,173
227 170,567
4,104 37,717
2,218 27,840
1,501 30,372
447 13,773
399 17,523
34 1,963
19 2,865
8,131 133,872
3,829 82,940
2,484 65,907
746 23,807
749 28,801
96 3,945
48 1,530
678 757
297 309
233 -1,272
86 23
95 -1,480
20 -657
15 -426
3,561 9,976
893 2,906
341 1,204
71 272
35 163
** **
** **
5,560 62,372
2,439 33,920
1,696 25,063
600 9,349
670 10,680
95 1,467
43 680
2,924 6,186
1,421 3,315
950 2,359
234 642
179 577
24 79
6 17
4,846 2,900
0 0
0 0
0 0
0 0
0 0
0 0
2,042 4,819
1,145 3,099
1,082 3,251
533 1,728
663 2,331
141 477
63 227
835 3,977
654 4,162
706 5,980
339 3,930
401 7,294
49 912
20 316
14,164 31,988 2,608,758
5,107 19,627 1,608,653
3,791 21,563 1,382,002
1,459 11,402 598,221
1,632 16,412 989,354
269 2,641 329,967
121 1,696 526,231
26,552 352,613
15,946 256,596
10,963 235,963
3,398 99,785
3,382 152,443
467 48,432
220 59,492
16,119 117,570
2,856 21,480
633 4,749
98 733
100 716
24 160
15 113
42,558 1,810,637
18,764 1,175,615
11,565 1,046,012
3,488 469,313
3,475 824,310
487 281,740
235 466,626
42,558 295,772
18,763 220,272
11,565 221,904
3,488 109,794
3,475 221,196
487 85,388
235 147,025
16,428 17,094
7,529 7,906
3,352 2,947
5 2
0 0
0 0
0 0
4,385 2,000
2,067 972
1,087 479
266 117
206 96
18 12
6 3
3,750 4,201
2,517 2,038
** **
0 0
0 0
0 0
0 0
2,131 312
1,571 316
1,659 512
769 375
1,156 1,063
233 689
131 6,155
153 257
122 231
139 292
58 112
95 352
21 156
13 251
21,370 25,174
10,534 11,923
5,255 4,606
1,195 849
1,534 2,033
275 1,643
157 7,114
7,335 19,091
3,419 11,687
2,504 11,243
1,025 5,119
1,175 6,838
190 1,143
76 657
42,401 270,827
18,757 208,906
11,566 218,481
3,490 110,475
3,478 225,312
489 85,711
235 141,177
42,471 291,560
18,775 221,750
11,578 231,030
3,493 116,067
3,479 232,991
490 87,020
235 142,031
40,463 296,291
17,696 197,417
10,650 178,889
3,082 78,229
2,927 124,159
392 35,034
184 44,906
7,532 48,896
4,419 41,598
3,880 57,680
1,608 40,398
2,077 98,322
358 42,565
179 68,824
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
42,360 347,645
18,703 241,647
11,526 241,332
3,475 122,000
3,460 233,381
491 83,014
234 129,387
30,965 -70,945
11,565 -33,659
6,155 -25,622
1,613 -11,830
1,210 -15,131
102 -3,972
45 -3,424
9,848 20,136
6,128 18,248
4,421 22,675
1,386 11,974
1,529 29,453
248 13,858
118 25,588
2,805
1,069
468
111
72
**
**
16,209
9,213
6,071
2,703
2,657
**
**
26,401 58,775
15,883 55,330
10,905 62,714
3,386 32,454
3,362 63,758
462 23,046
220 37,366
25,286 70,164
15,186 51,508
10,481 44,625
3,256 17,672
3,269 23,363
454 4,827
216 3,542
26,645 131,438
15,965 108,788
10,963 108,972
3,400 50,654
3,379 88,019
467 28,128
221 41,054
24,129 157,310
14,194 101,005
9,384 80,350
2,766 29,901
2,695 38,884
341 9,524
163 10,271
21,938 30,929
14,354 25,940
10,264 28,898
3,259 15,047
3,266 28,758
448 13,305
217 20,109