| Adjusted Gross Income |
under $10,000 |
$10,000- $25,000 |
$25,000 - $50,000 |
$50,000 - $75,000 |
$75,000 - $100,000 |
$100,000 - $200,000 |
$200,000 or more |
MassachusettsState |
| Number of Returns |
530 |
530 |
779 |
570 |
410 |
371 |
43 |
3,092,405 |
| |
| Total Itemized Deductions (Schedule A line 29) |
| Returns |
16 (3.0%) |
87 (16.4%) |
290 (37.2%) |
373 (65.4%) |
334 (81.5%) |
345 (93.0%) |
43 (100.0%) |
1,295,779 (41.9%) |
| Return Average AGI |
$151 |
$3,042 |
$14,155 |
$40,475 |
$70,878 |
$118,927 |
$446,302 |
$55,337 |
| Average Deduction |
$421 |
$2,219 |
$5,709 |
$11,304 |
$15,934 |
$21,871 |
$35,884 |
$10,983 |
| |
| Contributions Deductions (Schedule A line 19) |
| Returns |
0 (0.0%) |
64 (12.1%) |
233 (29.9%) |
331 (58.1%) |
292 (71.2%) |
323 (87.1%) |
43 (100.0%) |
1,125,459 (36.4%) |
| Return Average AGI |
$0 |
$2,058 |
$11,393 |
$36,028 |
$62,024 |
$111,989 |
$446,302 |
$51,363 |
| Average Deduction |
$0 |
$123 |
$313 |
$793 |
$973 |
$1,849 |
$3,930 |
$1,276 |
| |
| Taxes Paid Deductions (schedule A line 9) |
| Returns |
20 (3.8%) |
87 (16.4%) |
290 (37.2%) |
373 (65.4%) |
333 (81.2%) |
345 (93.0%) |
43 (100.0%) |
20 (42.1%) |
| Return Average AGI |
$-151 |
$3,042 |
$14,155 |
$40,475 |
$71 |
$118,927 |
$446,301,256 |
$25,685,959 |
| Average Deduction |
$170 |
$513 |
$1,646 |
$3,907 |
$6,176 |
$9,598 |
$21,605 |
$4,618 |
| |
| Alternative Minimum Tax (1040 line 45) |
| Returns |
0 (0.0%) |
0 (0.0%) |
0 (0.0%) |
0 (0.0%) |
0 (0.0%) |
21 (5.7%) |
28 (65.1%) |
138,982 (4.5%) |
| Average |
$0 |
$0 |
$0 |
$0 |
$0 |
$89 |
$2,465 |
$235 |
| |
| Income Tax Before Credits (1040 line 46) |
| Returns |
141 (26.6%) |
141 (79.2%) |
141 (97.8%) |
141 (99.6%) |
141 (100.0%) |
141 (100.0%) |
141 (100.0%) |
141 (81.9%) |
| Average |
$51 |
$677 |
$2,710 |
$5,625 |
$8,880 |
$16,755 |
$88,907 |
$10,539 |
| |
| Total Tax (1040 line 61) |
| Returns |
183 (34.5%) |
398 (75.1%) |
717 (92.0%) |
546 (95.8%) |
408 (99.5%) |
370 (99.7%) |
43 (100.0%) |
183 (79.8%) |
| Average |
$121 |
$825 |
$2,723 |
$5,221 |
$8,554 |
$16,709 |
$89,884 |
$10,604 |
| |
| Average Adjusted Gross Income |
$4,153 |
$17,421 |
$36,354 |
$61,442 |
$86,771 |
$127,164 |
$446,302 |
$71,108 |
| Effective Tax Rate |
12.1% |
82.5% |
272.3% |
522.1% |
855.4% |
1670.9% |
8988.4% |
1060.4% |
| |
| Earned Income Credit (1040 line 64a) |
| Returns |
79 (14.9%) |
112 (21.1%) |
62 (8.0%) |
0 (0.0%) |
0 (0.0%) |
0 (0.0%) |
0 (0.0%) |
79 (10.2%) |
| Average |
$115 |
$525 |
$65 |
$0 |
$0 |
$0 |
$0 |
$167 |
| |
| Paid Preparer |
| Number |
226 |
289 |
450 |
372 |
243 |
243 |
36 |
1,813,337 |
| % of returns |
42.6% |
54.5% |
57.8% |
65.3% |
59.3% |
65.5% |
83.7% |
58.6% |
| |
|
|
|
Leicester, MA, 01524 Income |
|