Louisiana

Document Sample
Louisiana Powered By Docstoc
					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
                              Kansas                             Breakeven              $0.01          $10,000              $20,000      $30,000
                                                    Total              and            Under             Under               Under         Under
                                                  Returns             Loss            $10,000          $20,000              $30,000      $50,000


Returns Count                                      1,222,579          10,617           252,047          213,098              172,534      230,936

Dependent Exemptions Count                          797,490            4,086            51,320           97,588              105,470      184,189

Joint Returns Count                                 541,656            4,849            17,701           45,964               56,072      125,799

Single Returns Count                                542,588            5,185           209,757          125,075               83,180       78,600

Head of Household Count                             122,862              329            21,985           38,021               29,580       23,374

Number of Farm Returns                               64,575            3,636             6,493            8,862                8,558       14,696

Paid Preparer Returns Count                         731,936            8,671           124,135          130,160              104,391      144,227

Salaries and Wages:

  Number of Returns                                1,041,294           3,708           205,288          170,609              149,261      205,534

   Amount                                         38,265,533         185,871           984,194         2,355,294            3,410,500    7,286,236

Taxable Interest Income:

  Number of Returns                                 687,174            6,952            91,366           85,731               77,259      137,844

   Amount                                          1,891,494          28,529            73,250          186,372              164,657      274,051

Tax-exempt Interest:

  Number of Returns                                  46,078              340             1,979            2,987                3,129        6,850

   Amount                                           449,118            6,100             4,472            8,734               14,739       37,690

Dividends Received:

  Number of Returns                                 339,549            3,288            40,252           33,420               30,223       59,506

   Amount                                          1,204,027          11,084            27,992           47,942               45,678       99,295

State and Local Refunds:

  Number of Returns                                 187,562              833             2,588            7,222               11,777       38,473

   Amount                                           141,641            4,072              928             2,417                4,287       15,258

Business or Profession Net Income (less loss):

  Number of Returns                                 179,707            4,454            20,263           22,411               20,762       38,593

   Amount                                          1,745,534          -60,853           50,082          110,422              111,375      240,780

Net Capital Gain (less loss):

  Number of Returns                                 303,338            4,455            37,892           29,226               26,634       51,819

   Amount                                          3,365,371          75,964            48,456           65,116               67,013      160,649

Taxable IRA Distributions:

  Number of Returns                                 101,771              592             6,122           15,880               13,264       20,684

   Amount                                          1,019,365           6,395            17,625           66,609               70,263      144,151

Taxable Pensions / Annuities:

  Number of Returns                                 211,111            1,285            16,488           38,770               30,351       44,041

   Amount                                          2,682,705           9,731            66,496          294,140              305,790      527,770
Farm Net Income / Loss:

  Number of Returns                          64,014      3,611       6,430       8,794       8,476      14,600

  Amount                                     -81,901    -97,247     -17,135     -12,987      -6,773      3,950

Unemployment Compensation:

  Number of Returns                          47,902        120       4,580      10,773       9,048      11,856

  Amount                                    126,242        351       9,890      29,267      25,081      30,849

Taxable Social Security Income:

  Number of Returns                         111,605         36         325       1,850      19,236      35,322

  Amount                                    960,352        254       1,493       3,282      33,842     199,937

IRA Payments:

  Number of Returns                          36,789        135       1,218       3,273       5,177      10,055

  Amount                                     77,859        300       1,884       5,753       9,854      20,641

Student Loan Interest Deduction:

  Number of Returns                          49,557        201       1,772       6,431       9,709      17,458

  Amount                                     29,178        142         758       2,865       5,994      11,722

S.E. Health Insurance Deduction:

  Number of Returns                          47,771        876       3,845       6,479       5,953       9,505

  Amount                                     95,911      1,605       5,329      10,387      10,424      17,602

Self-Employed Retirement Plan Payments:

  Number of Returns                          11,920         23          96         254         416       1,221

  Amount                                    100,612        143         178         578       1,157       4,113

Total Adjustments:

  Number of Returns                         243,864      2,666      22,759      30,714      32,719      58,118

  Amount                                    553,633      5,024      15,554      35,306      46,123      95,533

AGI Amount                                53,410,078   -599,246   1,261,642   3,182,442   4,267,317   9,069,189

Total Itemized Deductions:

  Number of Returns                         365,863      2,117       5,743      16,412      23,772      70,559

  Amount                                   6,432,495    49,409      72,531     293,896     264,013     791,968

Total Standard Deduction:

  Number of Returns                         856,716      8,500     246,304     196,686     148,762     160,377

  Amount                                   4,797,045    48,362    1,038,888   1,103,508    874,524    1,037,129

Taxable Income:

  Number of Returns                        1,010,351         0      96,126     173,291     168,319     229,649

  Amount                                  37,306,445         0     174,164    1,084,611   2,232,102   5,753,411

Income Tax Before Credits:

  Number of Returns                        1,010,358        31      96,149     173,246     168,313     229,655

  Amount                                   7,780,397         5      25,524     161,184     332,474     897,120

Child Tax Credit:

  Number of Returns                         267,108         39          60      24,149      45,777      78,626

  Amount                                    212,416         21          12       8,740      28,812      68,327

Child Care Credit:

  Number of Returns                          66,449          **          **      4,798       8,784      17,918

  Amount                                     26,992          **          **      1,605       3,466       6,887
Education Credits:

  Number of Returns                 77,440         3      2,944     11,463      9,866      19,604

   Amount                           46,874         1        639      6,078      5,707      12,009

Foreign Tax Credit:

  Number of Returns                 32,593         **         **     1,550      1,697       3,943

   Amount                           11,618         **         **        73         99         257

General Business Credit:

  Number of Returns                  2,780         0         24        101        114         293

   Amount                            9,260         0          6         49        113         469

Total Credits:

  Number of Returns                358,457        58      5,593     39,325     56,283      95,237

   Amount                          321,698        24        719     16,774     38,607      89,796

Self-Employment Tax:

  Number of Returns                151,131     1,975     18,692     20,007     17,567      31,166

   Amount                          341,918     2,620     11,618     25,065     27,800      58,237

Income Tax:

  Number of Returns                965,971        25     93,480    152,538    153,197     224,166

   Amount                        7,491,429       155     24,828    144,456    293,896     807,569

Total Tax Liability:

  Number of Returns              1,002,426     2,244    110,010    163,492    157,716     226,131

   Amount                        7,876,272     3,417     37,336    171,454    323,948     872,077

Withholding Tax:

  Number of Returns              1,059,526     3,171    193,775    177,144    155,806     213,403

   Amount                        6,065,072    13,800     74,248    233,171    385,461     937,313

Estimated Tax Payment:

  Number of Returns                145,051       990      6,083     16,892     16,816      28,456

   Amount                        1,774,295     8,484      6,881     24,972     38,660     102,826

Earned Income Credit:

  Number of Returns                144,236     1,002     53,260     49,998     38,542       1,434

   Amount                          223,642     1,030     63,257    121,473     37,717         165

Excess Earned Income Credit:

  Number of Returns                117,367       608     45,718     47,751     22,900         390

   Amount                          190,539       686     58,268    108,212     23,329          43

Total Tax Payments:

  Number of Returns              1,144,007     5,010    210,656    194,771    167,418     226,626

   Amount                        8,366,845    24,587    145,262    381,736    468,172    1,048,061

Overpayment (Negative Amount):

  Number of Returns                852,602     4,076    191,163    164,113    133,016     165,417

   Amount                        -1,353,768   -20,672   -119,569   -235,270   -176,387    -258,202

Tax Due at Time of Filing:

  Number of Returns                303,786     1,260     40,335     39,140     34,583      58,426

   Amount                        1,053,218     1,548     11,894     25,894     34,695      90,727

Medical and Dental Expense:
   Number of Returns                                                                70,991     1,651    4,601    12,085   11,482    18,839

    Amount                                                                         617,560    12,660   45,017   199,324   82,673   115,233

State and Local Income Tax:

   Number of Returns                                                               349,997     1,273    2,910    11,309   21,062    68,159

    Amount                                                                        1,553,580    6,918    2,451     7,299   18,902   101,175

Real Estate Tax:

   Number of Returns                                                               335,136     1,638    3,651    12,050   19,662    62,985

    Amount                                                                         582,724     4,079    4,538    13,899   22,400    76,390

Taxes Paid Deduction:

   Number of Returns                                                               362,854     1,938    4,928    15,065   23,316    70,331

    Amount                                                                        2,339,173   11,644    7,803    24,116   46,442   195,416

Interest Paid Deduction:

   Number of Returns                                                               299,521     1,486    2,542     7,944   16,233    57,759

    Amount                                                                        2,150,759   20,538   13,206    38,237   80,424   309,486

Contributions Deduction:

   Number of Returns                                                               318,326        0     3,583    12,114   18,341    57,674

    Amount                                                                        1,150,105       0     4,272    22,911   35,744   111,636

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
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 self-

employment income and on certain tip income, and certain other income-

related 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      $75,000     $100,000     $150,000     $200,000      $500,000     $1,000,000
                       Under       Under        Under        Under        Under          Under            and
                      $75,000     $100,000     $150,000     $200,000     $500,000     $1,000,000        Over


                       175,587       81,309       51,662       15,003       15,697          2,754         1,335

                       174,620       86,037       55,499       16,567       17,845          3,017         1,252

                       141,431       72,354       46,431       13,360       14,063          2,444         1,188

                        26,405        7,156        4,183        1,364        1,322           251           110

                         6,694        1,501          860          224          242            37            15

                        11,997        4,940        3,061          947        1,042           236           107

                       110,824       50,104       32,661       10,536       12,586          2,425         1,216



                       158,273       73,390       45,606       12,884       13,263          2,349         1,129

                      8,465,391    5,329,077    4,282,409    1,588,476    2,476,881       835,481     1,065,723



                       135,261       71,105       47,999       14,310       15,303          2,716         1,328

                       298,980      187,354      185,141       87,860      172,325         79,459       153,518



                         8,537        5,988        6,423        3,032        4,781          1,264          768

                        46,915       39,164       51,598       29,856       84,456         34,769        90,623



                        67,135       42,412       34,350       11,679       13,460          2,538         1,286

                       137,458      113,420      146,892       82,699      172,180         75,290       244,097



                        50,469       31,949       24,480        7,909        9,120          1,798          944

                        23,287       17,582       18,635        8,981       19,850         10,254        16,089



                        34,309       16,717       11,906        4,168        4,863           810           451

                       280,172      205,297      261,403      151,871      280,124         67,974        46,885



                        57,842       36,469       31,008       11,103       13,072          2,535         1,283

                       252,189      242,639      345,503      214,037      531,280        346,068     1,016,456



                        20,650       11,632        8,313        2,225        2,018           255           136

                       197,000      155,460      167,541       69,541       97,856         16,471        10,450



                        39,311       19,564       13,270        3,658        3,495           526           352

                       573,535      359,505      303,879      101,954      103,270         20,260        16,374
   11,906       4,892       3,021         931       1,017         232         104

   20,461      12,707      16,379       5,000       2,844       -5,895      -3,205



     7,669      2,430       1,054         204         152           **          **

   19,865       6,540       3,168         669         493           **          **



   27,375      12,380       8,583       2,786       2,939         494         279

  312,293     172,385     129,151      44,473      49,337       8,523       5,380



     8,179      3,846       3,166         773         781         130          56

   16,797       9,131       7,978       2,208       2,672         442         198



   13,986           0           0           0           0           0           0

     7,698          0           0           0           0           0           0



     7,465      4,057       4,044       1,859       2,706         639         343

   15,142       9,100      10,070       5,071       8,110       2,045       1,027



     2,159      1,842       2,363       1,290       1,838         318         100

     9,608     10,622      19,610      15,831      30,589       6,592       1,591



   48,931      18,352      14,809       5,488       7,106       1,447         755

   95,742      59,093      69,881      39,761      68,315      16,449       6,851

10,744,872   6,967,448   6,147,026   2,567,919   4,527,185   1,853,906   3,420,379



  100,807      66,001      47,101      14,296      15,137       2,641       1,277

 1,415,696   1,040,087    963,411     385,229     609,728     204,538     341,990



   74,780      15,308       4,561         707         560         113          58

  534,134     114,362      35,199       5,460       4,225         824         430



  175,347      81,237      51,630      14,991      15,677       2,750       1,334

 7,538,631   5,149,021   4,723,828   2,057,452   3,865,691   1,648,860   3,078,672



  175,348      81,237      51,629      14,989      15,677       2,750       1,334

 1,246,195    983,540    1,019,623    492,033    1,074,011    523,378    1,025,307



   71,661      32,589      14,184           **          0           **          0

   65,852      29,860      10,778           **          0           **          0



   19,719       8,728       4,527       1,021         821          78          26

     8,390      3,815       1,945         450         380          37          13
  20,661      12,875          18         **          **        0           0

  14,983       7,437          17         **          **        0           0



   5,495       4,395       5,102      2,490      3,911      1,091        647

     447         491         943       439       1,511      1,254      6,069



     422         368         496       279         441       129         113

     772         641         884       579       1,364       972       3,410



  87,248      43,518      20,205      3,784      5,167      1,296        743

  92,549      43,238      15,191      1,904      4,946      4,032     13,919



  26,910      13,006      10,457      4,126      5,545      1,109        571

  64,517      41,530      44,373     21,415     32,944      7,538      4,260



 174,946      81,214      51,632     14,998     15,687      2,753      1,335

1,154,579    942,034    1,007,740   493,079   1,082,425   524,306   1,016,362



 175,161      81,244      51,649     14,997     15,694      2,753      1,335

1,227,858    990,344    1,059,524   517,432   1,118,991   532,548   1,021,343



 163,564      75,610      46,921     13,179     13,444      2,363      1,146

1,189,655    849,488     796,224    343,045    634,531    255,011    353,126



  27,808      16,500      14,936      6,000      7,937      1,700        933

 161,335     142,582     202,461    132,302    350,634    192,993    410,164



       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



 173,458      80,493      51,115     14,844     15,549      2,740      1,327

1,358,270   1,000,295   1,016,229   487,697   1,027,159   480,341    929,037



 116,802      44,257      23,128      5,666      4,265       522         177

 -243,013    -109,769     -79,186   -32,508     -44,073   -12,984     -22,133



  52,529      33,263      25,056      7,743      9,006      1,644        801

 125,230     110,944     139,344     74,890    173,563     88,903    175,587
 14,117     5,168     2,381      394       251        19         3

 89,787    35,911    22,715     5,841     6,846     1,460       94



 99,656    65,593    46,852    14,226    15,060     2,627     1,270

235,527   239,746   264,120   127,854   251,745   105,412   192,431



 94,866    63,137    45,156    13,672    14,511     2,560     1,248

134,787   109,183    98,973    38,014    55,101    14,367    10,991



100,843    65,999    47,094    14,291    15,130     2,642     1,277

473,241   375,778   385,630   173,817   317,303   122,600   205,385



 88,735    58,345    39,930    11,582    11,953     2,023      989

544,365   405,465   339,515   125,048   174,859    50,122    49,495



 88,432    61,182    44,774    13,707    14,683     2,578     1,258

199,185   167,140   168,806    78,057   144,913    62,160   155,280

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:10/19/2011
language:
pages:10