Forms 1040A and 1040EZ s

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					Table 2. Individual Income and Tax Data, by State
And Size of Adjusted Gross Income, Tax Year 2008
[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)
                                     RHODE ISLAND
Number of returns                                                           510,709             327,429              71,112               44,947             53,746            13,475
   Number of joint returns                                                  178,750                 51,590           35,627               33,410             46,438            11,685
   Number with paid preparer's signature                                    312,152             191,534              45,594               29,222             35,011            10,791
Number of exemptions                                                        927,134             472,639          149,878              113,371            151,703               39,543
Adjusted gross income (AGI) [2]                                          28,211,010           6,483,190        4,383,352            3,887,623          7,121,812         6,335,032
   Salaries and wages in AGI: [3] Number                                    431,654             265,833              63,206               40,803             49,762            12,050
      Amount                                                             20,764,300           5,430,463        3,448,836            3,057,386          5,578,989         3,248,625
   Taxable interest: Number                                                 259,717             115,998              47,980               35,513             47,288            12,938
      Amount                                                                700,975             170,570              87,134               72,161         131,490           239,620
   Ordinary dividends: Number                                               119,553                 46,313           19,945               16,444             26,484            10,367
      Amount                                                                636,922                 95,730           57,150               55,419         126,907           301,717
   Business or profession net income (less loss): Number                        71,027              38,231           10,153                7,796             11,018             3,829
      Amount                                                              1,014,915             276,313          112,055              100,732            234,827           290,987
   Number of farm returns                                                           670               290              119                   93                100                68
   Net capital gain (less loss) in AGI: Number                                  85,095              31,576           13,231               11,165             19,730             9,393
      Amount                                                                936,846                 11,278           12,056               20,194             83,166        810,152
   Taxable individual retirement arrangements distributions: Number             44,832              23,098            7,984                5,613              6,434             1,703
      Amount                                                                532,357             144,203              82,336               82,245         145,408               78,165
   Taxable pensions and annuities in AGI: Number                                91,395              46,423           16,686               11,485             13,933             2,868
      Amount                                                              1,860,082             522,194          375,930              316,277            506,984           138,697
   Unemployment compensation: [4] Number                                        54,409              35,136            8,927                5,400              4,407              539
      Amount                                                                317,306             191,811              57,153               34,642             29,610             4,090
   Taxable Social Security benefits in AGI: Number                              56,653              24,566           13,390                8,302              8,183             2,212
      Amount                                                                633,086             117,085          174,308              139,402            153,574               48,716
   Self-employment retirement plans: Number                                      4,173                508              376                  457               1,434             1,398
      Amount                                                                    70,620               3,053            3,306                3,940             20,822            39,499
Total itemized deductions: [5] Number                                       189,549                 52,044           40,581               33,975             49,642            13,307
   Amount                                                                 4,812,468             879,858          771,628              733,711          1,374,030         1,053,241
   State and local income taxes: Number                                     175,262                 40,871           38,938               33,256             49,078            13,119
      Amount                                                              1,082,061                 69,475       109,530              131,254            332,034           439,770
   State and local general sales tax: Number                                    12,115               9,220            1,524                 673                522               176
      Amount                                                                    10,894               5,864            2,191                1,201              1,166              471
   Real estate taxes: Number                                                175,260                 44,916           37,583               32,143             47,762            12,856
      Amount                                                                813,736             166,735          140,152              133,710            248,147           124,994
   Taxes paid: Number                                                       189,533                 51,947           40,619               34,003             49,660            13,304
      Amount                                                              2,008,553             259,303          269,567              284,301            614,029           581,353
   Mortgage interest paid: Number                                           157,004                 39,383           34,107               29,591             43,262            10,661
      Amount                                                              1,719,367             361,883          337,300              311,375            510,727           198,079
   Contributions: Number                                                    156,554                 35,061           33,455               29,501             45,745            12,792
      Amount                                                                420,237                 45,602           53,039               53,405         117,491           150,699
Taxable income: Number                                                      399,361             216,800              70,631               44,822             53,669            13,439
   Amount                                                                18,943,487           3,093,996        2,822,030            2,642,409          5,184,797         5,200,254
Total tax credits: [6] Number                                               144,768                 69,238           26,115               20,710             22,667             6,038
   Amount                                                                   164,845                 50,589           37,871               34,735             26,561            15,089
   Residential energy tax credit: Number                                            538               129              117                   94                151                47
      Amount                                                                        421                 75              91                   78                122                55
   Child tax credit: Number                                                     81,051              34,384           18,468               14,741             13,455                3
      Amount                                                                    98,313              28,012           28,093               24,176             18,029                2
   Child and dependent care credit: Number                                      19,918               6,317            3,416                3,516              5,627             1,042
      Amount                                                                    10,623               3,324            1,744                1,870              3,086              596
Earned income credit: [7] Number                                                75,871              75,871                0                   0                  0                 0
   Amount                                                                   148,347             148,347                   0                   0                  0                 0
   Excess earned income credit (refundable): [8] Number                         66,186              66,186                0                   0                  0                 0
      Amount                                                                129,137             129,137                   0                   0                  0                 0
First-time homebuyer credit: Number                                              3,554               1,694            1,099                 498                263                 0
      Amount                                                                    25,017              11,783            7,991                3,290              1,953                0
Alternative minimum tax: Number                                                 14,164                  84             151                  283               3,131            10,515
      Amount                                                                    87,104                163              190                  546               6,424            79,781
Income tax: [9] Number                                                      361,016             182,149              67,590               44,338             53,499            13,440
   Amount                                                                 3,393,400             333,016          373,885              361,055            898,784         1,426,661
Total tax liability: [10] Number                                            385,013             204,897              68,573               44,526             53,563            13,454
   Amount                                                                 3,572,181             389,575          396,713              381,540            940,109         1,464,243
Tax due at time of filing: [11] Number                                          70,448              31,264           11,742                7,558             14,291             5,593
   Amount                                                                                 269,914     32,948    23,348    19,855    59,785   133,976
Overpayments refunded: [12] Number                                                        411,638    276,250    57,412    35,863    36,756     5,357
   Amount                                                                                1,139,838   533,736   178,891   137,117   174,208   115,886

** - 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 2009, including any
returns filed for tax years preceding 2008.

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 2010.

				
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