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									Table 2.--Individual Income and Tax Data, by State and Size of Adjusted Gross Income, Tax Year 2005
[Money amounts are in thousands of dollars]



                                                                                                                                                                                 Size of adjusted gross income
                                                      Item                                                                All returns                 Under            $50,000             $75,000           $100,000             $200,000
                                                                                                                                                    $50,000 [1]         under               under                under             or more
                                                                                                                                                                       $75,000            $100,000           $200,000
                                                                                                                              (1)                       (2)              (3)                  (4)                 (5)                (6)
                                                  ALASKA
                                                                                                                               346,927
Number of returns.................................................................................................................                        231,640              48,042               30,150              30,524              6,571
                                                                                                                              122,457
   Number of joint returns..........................................................................................................                          38,713           27,809               23,845              26,514              5,576
                                                                                                                    163,331
   Number with paid preparer's signature.......................................................................................................... 101,185                     24,004               15,650              17,329              5,163
                                                                                                                             652,887
Number of exemptions.................................................................................................................                     348,692          116,672                  83,007              86,520             17,996
                                                                                                                 16,725,880
Adjusted gross income (AGI) [3]................................................................................................................. 4,215,101               2,960,007            2,604,544           3,973,203          2,973,024
                                                                                                                   284,210
   Salaries and wages in AGI: [4] Number..........................................................................................................179,555                      43,526               27,612              28,067              5,450
       Amount..........................................................................................................      12,047,642                 3,576,792        2,372,310            2,055,150           2,939,809          1,103,580
                                                                                                                           154,406
   Taxable interest: Number..........................................................................................................                         72,461           28,529               21,610              25,479              6,327
       Amount..........................................................................................................         246,174                       52,178           29,567               26,703              51,358             86,367
                                                                                                                          84,515
   Ordinary dividends: Number ..........................................................................................................                      40,686           13,745               10,704              14,564              4,816
       Amount..........................................................................................................         255,835                       48,499           26,466               23,267              48,608         108,995
   Business or profession net income (less loss): Number...............................                                             56,462                    29,600            9,948                6,960               7,739              2,215
       Amount..........................................................................................................         772,923                   144,301          100,411                  93,035          193,478            241,699
                                                                                                                                 1,333
   Number of farm returns..........................................................................................................                             494              237                  194                  286               122
                                                                                                                     59,655                         23,699
   Net capital gain (less loss) in AGI: Number..........................................................................................................                        9,846                8,411              12,817              4,882
       Amount..........................................................................................................         815,338                       35,150           32,205               40,483          156,800            550,699
   Taxable individual retirement arrangements distributions: Number...............                                                  14,061                     5,396            3,009                2,376               2,700               580
       Amount..........................................................................................................         191,208                       36,396           32,981               35,358              61,226             25,248
                                                                                                                   50,943
   Pensions and annuities in AGI: Number.......................................................................................................... 20,910                      10,491                8,186               9,560              1,796
       Amount..........................................................................................................       1,188,110                   279,318          254,381              238,006             338,681                77,725
                                                                                                               88,542                         73,591
   Unemployment compensation: [5] Number..........................................................................................................                              8,868                3,928               2,047               108
       Amount..........................................................................................................         149,041                   112,592              20,861                9,881               5,411               297
                                                                                                                     21,335
   Social Security benefits in AGI: Number.......................................................................................................... 7,979                      5,407                3,518               3,397              1,034
       Amount..........................................................................................................         206,148                       35,975           59,372               45,853              47,271             17,678
                                                                                                                   3,630
   Self-employment retirement plans: Number..........................................................................................................598                         498                  532                1,165               837
       Amount..........................................................................................................             54,016                     3,598            3,876                5,151              17,047             24,342
                                                                                                                      88,077
Total itemized deductions: [6] Number.................................................................................................................23,757                   20,538               17,347              21,759              4,676
   Amount..........................................................................................................           1,562,442                   326,365          315,017              302,541             448,443            170,075
                                                                                                                   14,293
   State and local income taxes: Number.......................................................................................................... 2,980                         3,101                2,844               4,350              1,018
       Amount..........................................................................................................             20,381                     2,226            3,827                2,164               4,276              7,888
                                                                                                                  24,477                           6,037
   State and local general sales tax: Number..........................................................................................................                          5,875                5,217               6,256              1,092
       Amount..........................................................................................................             20,345                     1,864            4,713                4,744               6,895              2,129
                                                                                                                          79,047
   Real estate taxes: Number..........................................................................................................                        19,091           18,418               16,227              20,761              4,550
       Amount..........................................................................................................         257,186                       45,961           49,450               50,149              80,398             31,228
   Taxes paid: Number..........................................................................................................84,504                         21,481           19,770               16,997              21,583              4,673
       Amount..........................................................................................................         317,436                       59,191           60,627               59,563              95,212             42,841
                                                                                                                        79,355
   Mortgage Interest paid: Number..........................................................................................................                   19,559           18,789               16,289              20,507              4,211
       Amount..........................................................................................................         780,981                   150,343          163,363              158,989             229,721                78,566
                                                                                                                              70,814
   Contributions: Number..........................................................................................................                            16,111           16,163               14,592              19,518              4,430
       Amount..........................................................................................................         275,757                       35,023           45,247               49,341              82,503             63,643
                                                                                                                          297,692
Taxable income: Number.................................................................................................................                   182,563              47,918               30,130              30,513              6,568
   Amount..........................................................................................................          12,111,460                 2,222,852        2,045,974            1,918,549           3,165,802          2,758,282
                                                                                                                            105,154
Total tax credits: [7] Number.................................................................................................................                55,641           20,977               14,405              11,743              2,388
   Amount..........................................................................................................             122,148                       39,815           36,013               25,946              15,379              4,995
                                                                                                                              74,121
   Child tax credit: Number..........................................................................................................                         36,924           17,403               11,741              **8,053                **
       Amount..........................................................................................................             92,054                    28,419           30,521               21,334         **11,781                    **
                                                                                                                             13,989
   Child care credit: Number..........................................................................................................                         5,273            3,090                2,571               2,686               369
       Amount..........................................................................................................              7,194                     2,431            1,640                1,418               1,498               207
                                                                                                                        41,578
Earned income credit: [8] Number.................................................................................................................             41,578                0                   0                    0                 0
   Amount..........................................................................................................                 65,838                    65,837                0                   0                    0                 0
   Excess earned income credit (refundable): [9] Number................................                                             35,955                    35,955                0                   0                    0                 0
       Amount..........................................................................................................             58,644                    58,645                0                   0                    0                 0
                                                                                                                          3,376
Alternative minimum tax: Number.................................................................................................................                  97             187                  288                1,145              1,659
       Amount..........................................................................................................             10,776                      355              212                  442                2,421              7,345
                                                                                                                            274,318
Income tax: [10] Number.................................................................................................................                  161,312              46,073               29,893              30,475              6,565
   Amount..........................................................................................................           2,076,675                   243,960          270,765              275,386             578,196            708,367
                                                                                                                             286,871
Total tax liability: [11] Number.................................................................................................................         173,145              46,699               29,970              30,490              6,567
   Amount..........................................................................................................           2,215,386                   283,098          292,830              294,665             611,445            733,348
                                                                                                                         92,038
Tax due at time of filing: [12] Number................................................................................................................. 56,437                 11,219                8,352              12,458              3,572
   Amount..........................................................................................................             275,114                       33,646           26,418               25,848              68,361         120,841
                                                                                                                        237,958
Overpayments: [13] Number.................................................................................................................                163,572              35,576               20,805              16,375              1,630
   Amount..........................................................................................................             523,664                   269,741              96,568               69,284              64,391             23,680
** - 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] U.S. totals in Table 2 do not agree with Tables 1 and 3 because Table 2 also includes (a) "substitutes
for returns," whereby the Internal Revenue Service constructs returns for certain nonfilers 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. In addition, for Table 2: "Income tax"
includes the "alternative minimum tax," but differs from "total income tax" in Tables 1 and 3 in that it is
after subtraction of all tax credits except a portion of the "earned income credit." See, also, footnote 7,
below, for an explanation of the treatment of the earned income credit, and Table 1, footnotes 31, 34, and
37.
[3] Less deficit.


[4] "Number," here, and elsewhere in Table 2, represents number of returns, unless otherwise specified.
[5] 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.
[6] "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. See also, Table 1, footnote 22.
[7] Unlike Table 1, "total tax credits" exclude the "earned income credit", shown separately below, in
Table 2.


[8] "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. See footnote 10, below.
[9] The refundable portion of the "earned income credit" equals the amount in excess of "total tax liability,"
which is shown below in Table 2 and defined in footnote 10. The excess credit shown includes any
"advance earned income credit payments" for those returns that had such an excess. See also footnote
7, above.
[10] See footnote 2, above.


[11] "Total tax liability" differs from "income tax," shown above in Table 2, in that it 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, and certain other income-
related taxes. See also footnote 7, above, for an explanation of the treatment of the earned income credit.
[12] Reflects payments of the taxes listed in footnote 10, above.
[13] See Table 1, footnote 40.
[14] 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 2006, including any returns filed for tax years preceding 2005.


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 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 2,
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 Winter
Bulletin. For further explanation of the tax terms, refer to the "Individual Income Tax Returns,"
Publication 1304.
SOURCE: IRS, Statistics of Income Division, Individual Master File System, January 2007.

								
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