State Data Indiana[906]

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Tax Year 2000, 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, 2001 to December 31, 2001 (Amounts are in thousands of dollars) Size of Adjusted Gr Indiana 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 Dependent Exemptions 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 2,837,446 1,812,687 1,197,687 1,265,107 328,966 61,713 1,569,107 16,222 6,467 6,759 8,266 602 2,733 12,224 595,923 141,562 40,908 484,345 63,576 5,099 269,106 489,776 230,581 98,276 281,375 99,101 7,293 281,965 406,181 229,032 110,885 205,509 78,084 7,493 226,976 533,710 397,455 269,957 192,535 61,049 13,920 308,178 2,478,448 89,538,956 5,596 142,312 488,565 2,256,226 396,530 5,427,713 360,649 8,245,243 489,232 17,439,308 1,516,695 3,454,667 9,666 48,987 196,797 148,057 189,829 365,308 170,482 299,770 300,561 490,192 79,871 754,110 594 7,434 3,777 8,160 5,367 16,199 5,524 21,312 11,516 60,196 643,443 2,147,396 5,186 15,253 73,922 55,782 65,685 98,039 57,032 92,683 107,627 188,732 370,405 178,121 1,264 3,658 3,545 1,117 10,599 2,926 20,236 4,982 70,376 17,854 346,290 3,389,784 6,953 -220,400 43,752 131,758 44,026 258,281 39,144 248,595 72,809 499,208 526,949 6,235,098 6,182 66,621 63,989 70,620 49,379 98,266 44,389 106,688 85,213 249,549 191,059 1,978,677 793 10,103 13,632 38,587 32,726 142,480 26,219 150,387 38,865 291,344 516,773 6,210,359 2,098 14,275 56,279 242,290 107,898 867,178 75,131 792,557 102,851 1,266,050 Farm Net Income / Loss: 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 118,257 48,002 ** ** ** ** 8,640 2,925 15,749 6,485 26,890 10,207 620,342 484,194 55 19 160 25 59,760 21,956 101,772 64,463 175,124 148,006 2,319,951 17,056,787 50 13 196,020 52,066 399,019 371,783 398,498 811,674 531,446 2,110,402 2,319,547 83,449,694 0 0 195,608 350,256 399,074 2,492,370 398,496 5,434,581 531,445 13,450,779 1,975,623 10,958,398 12,413 66,499 584,287 2,511,901 453,906 2,559,461 345,103 1,981,921 353,204 2,225,527 861,823 13,581,018 3,809 79,298 11,636 135,268 35,870 574,192 61,078 621,972 180,506 1,968,372 458,003 915,257 119,553,756 3,465 7,423 -1,206,984 45,157 26,285 2,920,730 56,876 56,618 7,318,822 58,695 71,426 10,057,865 104,782 145,852 20,952,073 17,906 173,422 41 240 113 221 340 805 546 1,520 1,556 5,348 76,506 159,826 1,209 2,388 5,107 6,815 8,214 12,433 7,955 13,125 13,654 24,275 94,873 51,652 242 172 3,429 1,437 12,208 5,504 18,038 10,583 31,685 19,748 65,201 136,177 258 588 1,957 3,048 5,559 9,777 8,731 15,977 17,145 33,883 216,311 1,756,704 67 498 651 2,973 4,146 9,081 40,911 71,331 71,038 393,109 121,949 280,247 195 589 9,685 19,479 25,524 62,297 22,152 52,993 31,257 71,719 60,921 -84,798 2,706 -89,072 5,032 -13,712 7,216 -13,936 7,401 -10,152 13,786 -5,055 Education Credits: 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: 548,067 1,879,421 1,469 2,020 67,313 20,255 70,576 44,123 62,004 57,590 102,043 141,736 2,172,103 -3,772,265 6,737 -38,214 486,501 -328,734 403,323 -614,346 336,489 -477,410 420,394 -745,227 2,707,343 19,384,277 7,942 44,010 518,942 385,960 461,057 956,757 399,496 1,205,506 528,527 2,654,802 298,063 492,733 959 1,010 127,061 164,600 116,322 271,613 52,804 55,406 917 104 361,359 569,808 1,439 1,517 144,337 176,765 121,018 300,748 90,893 90,344 3,672 434 264,905 3,615,434 1,741 19,217 11,925 14,442 33,026 48,090 30,874 70,012 50,708 182,288 2,573,184 14,793,539 5,600 21,946 486,420 193,259 430,870 604,845 381,458 1,035,721 509,530 2,460,460 2,299,519 17,112,035 2,900 4,801 227,133 76,862 373,481 385,263 377,047 781,504 524,378 2,037,111 2,227,330 16,416,067 53 375 191,807 51,009 351,404 335,016 369,135 727,020 520,850 1,922,749 282,532 605,645 2,446 3,501 37,713 24,346 37,112 46,844 31,076 49,386 56,589 100,667 791,740 707,531 96 28 9,447 1,144 85,292 36,833 121,157 84,777 205,067 188,176 4,408 13,245 0 0 18 3 114 58 182 174 451 685 68,390 22,243 3 * 4,576 78 3,826 274 3,952 374 8,497 912 130,909 103,779 6 4 4,047 969 17,420 11,051 16,292 12,361 30,453 24,459 Number of Returns 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. This table presents aggregates of all returns filed and processed through the Individual Master File (IMF) system during Calendar Year 2001. 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 they could not be used in computing "taxable income," the base on which the regular income tax was computed. Thus, total itemized deductions 116,736 901,693 2,553 15,216 7,985 66,280 20,525 324,988 20,176 116,302 32,201 167,147 854,945 3,041,450 2,924 12,147 9,502 6,392 33,526 25,367 60,180 66,480 179,966 302,078 790,037 1,174,410 3,246 7,903 8,204 9,259 28,424 29,609 51,679 50,132 160,363 162,866 865,061 4,439,807 3,751 21,201 11,654 16,907 35,816 59,407 61,512 125,066 181,570 495,457 760,288 5,544,837 3,073 38,015 6,831 39,846 23,111 124,371 49,346 266,637 160,414 937,315 715,167 2,360,846 0 0 7,034 8,194 25,465 44,804 43,371 74,819 136,600 240,811 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. 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 423,250 410,550 336,292 63,595 19,915 12,895 246,347 193,093 204,015 173,026 15,326 3,915 6,137 109,254 112,468 119,603 102,193 8,124 1,740 3,561 65,407 28,562 31,253 25,608 2,377 434 1,040 19,057 30,087 33,557 26,527 2,911 455 1,156 23,462 5,573 6,162 4,995 475 56 241 4,783 2,601 2,450 2,261 269 39 145 2,348 396,180 21,718,032 180,769 13,574,127 103,223 10,011,440 25,079 3,052,146 25,618 4,467,394 4,762 1,552,563 2,245 1,652,451 314,806 516,658 166,374 325,976 103,448 319,927 27,290 149,082 29,343 303,632 5,513 152,904 2,586 334,175 13,994 77,134 10,054 62,038 10,886 78,705 5,008 52,769 8,928 133,417 2,611 75,263 1,612 161,484 128,616 247,378 84,851 205,473 66,463 258,473 21,124 146,255 25,343 335,080 5,128 167,713 2,466 336,537 115,814 32,462 74,108 24,388 45,620 21,726 11,522 10,160 13,209 23,103 2,684 11,416 1,428 24,330 67,700 547,847 32,783 388,036 21,793 473,401 7,159 287,209 8,118 556,069 1,425 150,542 628 69,237 101,157 408,370 67,907 409,410 57,305 600,598 19,424 393,871 24,442 1,096,161 5,096 679,234 2,466 2,055,712 36,703 377,505 20,597 292,941 13,801 307,469 3,626 126,508 3,384 171,594 473 38,412 240 31,347 87,908 1,219,614 42,943 728,581 26,389 580,108 6,906 196,504 6,573 223,836 1,153 42,305 644 37,061 12,740 17,107 6,041 13,359 3,488 17,527 1,012 7,109 1,121 1,165 236 -1,459 142 -7,679 22,787 49,701 7,305 15,874 2,533 5,999 321 959 170 535 16 82 4 20 51,154 576,332 22,438 305,138 14,540 213,600 4,636 72,379 5,320 87,800 904 15,340 506 9,123 14,797 29,396 7,288 16,968 5,836 14,765 1,534 4,565 1,689 5,801 290 1,009 117 400 29,271 14,208 0 0 0 0 0 0 0 0 0 0 0 0 12,041 24,172 7,197 16,273 7,838 19,957 4,100 11,668 6,649 20,451 1,673 5,560 869 2,709 2,641 11,362 2,521 13,945 3,569 29,682 2,113 26,328 3,566 64,297 670 15,229 230 4,447 96,286 148,360 25,904,801 36,277 92,956 16,540,488 27,561 112,470 13,321,659 10,389 67,722 4,879,984 13,962 136,222 8,723,421 3,030 33,395 3,746,421 1,523 16,527 6,394,477 252,691 3,212,533 153,214 2,347,686 100,303 1,949,768 26,591 681,114 28,394 1,053,374 5,280 357,676 2,451 599,767 170,559 1,199,610 39,879 291,970 12,165 90,977 1,971 14,876 1,693 12,489 293 2,102 150 1,065 422,805 18,245,494 192,976 12,318,313 112,387 10,358,177 28,534 3,952,116 30,057 7,568,660 5,568 3,388,163 2,597 5,890,784 422,804 3,039,853 192,972 2,369,886 112,386 2,251,364 28,533 949,766 30,058 2,110,965 5,568 1,080,711 2,597 1,908,304 173,724 155,841 78,838 70,710 30,872 23,151 34 20 3 3 0 0 0 0 35,645 14,812 18,724 8,104 9,141 3,943 1,794 762 1,409 641 167 89 46 25 36,095 35,170 26,549 19,715 41 43 ** ** ** ** 0 0 ** ** 11,587 1,220 9,425 1,194 10,254 1,826 4,715 1,422 7,885 3,947 2,293 2,680 1,377 8,314 685 1,103 605 1,011 794 1,455 450 1,098 722 2,390 212 1,824 175 3,443 204,573 212,595 102,061 102,556 42,577 31,641 7,057 4,533 10,163 12,274 2,687 9,956 1,563 23,017 52,304 109,347 25,611 70,208 19,061 73,821 7,491 38,677 10,029 65,256 2,087 15,638 1,013 7,954 421,982 2,828,955 192,931 2,270,957 112,393 2,225,949 28,535 951,044 30,070 2,125,747 5,571 1,083,359 2,599 1,893,890 422,381 2,958,197 192,981 2,357,381 112,422 2,315,635 28,548 995,282 30,076 2,196,912 5,571 1,100,262 2,601 1,902,825 408,054 3,273,467 185,829 2,281,083 106,130 1,932,994 25,861 677,476 26,295 1,188,797 4,848 508,068 2,289 615,425 47,769 269,199 28,808 242,080 26,607 360,157 11,385 257,928 16,392 779,177 3,696 462,873 1,974 909,972 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 0 420,942 3,551,837 192,153 2,536,093 111,865 2,319,216 28,358 957,360 29,915 2,038,895 5,554 1,019,406 2,592 1,714,436 318,447 -768,633 122,295 -345,064 57,588 -205,307 11,036 -65,928 7,878 -97,044 1,062 -33,686 353 -52,672 94,781 195,413 64,758 185,399 48,812 233,341 14,361 131,174 17,210 340,197 3,235 166,454 1,505 361,721 21,713 111,577 7,372 48,407 3,309 31,476 554 9,349 326 9,474 19 1,075 3 402 252,653 638,054 153,195 534,298 100,249 487,152 26,578 189,716 28,422 360,883 5,290 158,458 2,460 260,422 235,631 282,475 146,063 221,730 96,124 192,937 25,480 67,955 27,286 99,527 5,145 28,253 2,392 21,764 253,705 979,182 153,640 802,266 100,498 716,564 26,662 269,252 28,492 475,966 5,295 192,998 2,466 285,540 234,557 1,524,928 141,887 1,025,706 89,524 769,130 22,467 250,145 23,085 357,644 4,145 99,556 1,848 111,544 210,118 424,435 138,097 352,526 94,138 337,233 25,342 141,582 27,412 278,841 5,170 121,804 2,420 335,796

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