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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)
UNITED STATES
Number of returns 154,707,511 105,552,862 19,386,521 11,740,168 13,455,659 4,572,301
Number of joint returns 55,997,077 21,174,316 10,946,360 8,800,515 11,215,880 3,860,006
Number with paid preparer's signature 86,518,718 56,126,997 11,636,811 7,001,763 8,220,005 3,533,142
Number of exemptions 296,068,586 169,755,401 44,883,893 30,650,707 37,649,587 13,128,998
Adjusted gross income (AGI) [2] 8,564,745,048 1,849,024,649 1,192,039,417 1,014,145,054 1,790,945,895 2,718,590,032
Salaries and wages in AGI: [3] Number 121,561,581 78,058,742 17,113,871 10,462,649 12,050,276 3,876,043
Amount 5,857,279,436 1,600,768,640 938,128,956 785,103,121 1,333,593,408 1,199,685,312
Taxable interest: Number 66,763,192 31,045,159 11,539,812 8,502,848 11,323,260 4,352,113
Amount 263,631,463 53,512,319 25,252,894 22,210,666 42,499,266 120,156,319
Ordinary dividends: Number 32,556,988 12,506,602 5,228,559 4,311,116 6,941,714 3,568,997
Amount 233,807,431 24,288,037 15,175,929 15,151,248 38,550,676 140,641,541
Business or profession net income (less loss): Number 22,898,229 13,520,037 3,181,914 2,156,858 2,821,197 1,218,223
Amount 279,119,708 70,619,671 29,635,990 25,259,395 59,688,322 93,916,329
Number of farm returns 2,026,348 1,018,364 368,805 246,947 266,942 125,290
Net capital gain (less loss) in AGI: Number 27,536,665 10,260,771 4,198,069 3,520,183 6,054,104 3,503,538
Amount 819,565,650 32,977,986 18,196,455 21,174,596 71,142,373 676,074,241
Taxable individual retirement arrangements distributions: Number 11,050,923 5,383,645 1,997,834 1,420,063 1,687,926 561,455
Amount 149,459,476 35,165,464 23,217,679 22,651,525 41,283,755 27,141,053
Taxable pensions and annuities in AGI: Number 26,233,674 14,104,878 4,543,452 3,066,726 3,534,085 984,533
Amount 490,218,038 154,817,810 94,152,180 78,729,246 118,249,247 44,269,555
Unemployment compensation: [4] Number 7,668,820 5,178,286 1,229,592 646,848 533,900 80,194
Amount 29,251,024 18,836,583 4,943,969 2,658,363 2,376,582 435,526
Taxable Social Security benefits in AGI: Number 14,964,519 6,478,994 3,392,867 2,091,823 2,194,375 806,460
Amount 166,665,020 31,670,208 44,042,110 34,315,754 39,827,276 16,809,672
Self-employment retirement plans: Number 1,142,643 136,053 108,612 118,466 349,073 430,439
Amount 21,401,079 833,698 908,602 1,186,063 5,178,321 13,294,395
Total itemized deductions: [5] Number 51,230,932 16,100,508 10,668,088 8,449,910 11,694,670 4,317,756
Amount 1,354,090,830 269,947,162 203,353,786 184,429,504 335,382,521 360,977,863
State and local income taxes: Number 37,409,557 9,331,067 8,100,146 6,755,148 9,622,548 3,600,648
Amount 274,718,612 19,193,609 23,929,184 27,804,340 65,085,219 138,706,260
State and local general sales tax: Number 11,389,710 4,991,782 2,280,071 1,530,417 1,906,697 680,743
Amount 19,271,190 5,412,283 3,498,405 2,830,115 4,605,903 2,924,484
Real estate taxes: Number 44,003,106 12,146,507 9,228,824 7,669,691 10,906,992 4,051,092
Amount 169,443,373 31,754,237 25,813,464 25,099,857 48,597,536 38,178,277
Taxes paid: Number 51,009,106 15,868,278 10,663,677 8,456,785 11,700,623 4,319,743
Amount 494,060,341 70,336,668 56,420,014 59,609,447 123,056,222 184,637,984
Mortgage interest paid: Number 41,722,085 11,624,788 8,911,753 7,354,529 10,227,667 3,603,348
Amount 542,643,469 122,383,362 93,080,501 82,747,604 142,217,583 102,214,421
Contributions: Number 41,087,977 10,653,802 8,572,141 7,218,171 10,583,309 4,060,554
Amount 189,952,068 21,247,144 21,190,037 20,572,915 40,483,061 86,458,910
Taxable income: Number 110,648,729 61,760,566 19,200,188 11,695,821 13,428,229 4,563,925
Amount 5,960,082,833 848,088,283 761,117,293 694,005,040 1,311,706,550 2,345,165,666
Total tax credits: [6] Number 45,836,838 22,577,285 8,542,226 6,023,562 6,390,087 2,303,678
Amount 61,590,172 16,600,397 12,539,726 9,746,917 7,411,622 15,291,510
Residential energy tax credit: Number 4,325,194 1,048,337 1,036,476 846,108 1,110,530 283,743
Amount 1,002,789 216,840 227,539 191,162 273,865 93,384
Child tax credit: Number 25,839,298 12,450,477 6,021,399 4,084,983 3,280,721 1,718
Amount 31,337,977 10,316,259 9,527,954 6,944,944 4,547,267 1,552
Child and dependent care credit: Number 6,474,209 2,385,204 1,319,392 1,067,665 1,375,835 326,113
Amount 3,460,899 1,284,362 689,655 573,731 739,156 173,996
Earned income credit: [7] Number 24,616,107 24,616,107 0 0 0 0
Amount 48,712,092 48,712,093 0 0 0 0
Excess earned income credit (refundable): [8] Number 21,522,169 21,522,169 0 0 0 0
Amount 42,581,558 42,581,559 0 0 0 0
Alternative minimum tax: Number 4,161,402 78,083 78,418 120,099 962,264 2,922,538
Amount 24,273,037 177,883 102,690 193,843 1,988,758 21,809,862
Income tax: [9] Number 98,524,786 50,775,226 18,251,445 11,543,491 13,392,986 4,561,638
Amount 1,112,906,240 87,841,192 97,093,324 94,719,820 228,808,759 604,443,145
Total tax liability: [10] Number 106,940,217 58,779,590 18,574,509 11,607,114 13,414,519 4,564,485
Amount 1,169,374,548 106,120,457 104,030,266 100,481,453 240,045,092 618,697,280
Tax due at time of filing: [11] Number 28,499,882 13,271,260 4,762,191 3,072,671 4,993,377 2,400,383
Amount 130,112,576 13,367,536 9,937,645 8,606,041 24,162,778 74,038,579
Overpayments refunded: [12] Number 108,280,634 76,609,461 14,159,656 8,308,676 7,799,170 1,403,671
Amount 269,399,977 142,068,496 39,997,362 28,919,593 35,220,985 23,193,540
* - 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.
