| 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 |
502 |
275 |
302 |
265 |
187 |
480 |
728 |
3,092,405 |
| |
| Total Itemized Deductions (Schedule A line 29) |
| Returns |
37
(7.4%) |
75
(27.3%) |
122
(40.4%) |
182
(68.7%) |
154
(82.4%) |
458
(95.4%) |
723
(99.3%) |
1,295,779
(41.9%) |
| Return Average AGI |
$373 |
$4,647 |
$15,255 |
$42,558 |
$73,102 |
$137,604 |
$1,010,842 |
$55,337 |
| Average Deduction |
$1,108 |
$5,113 |
$7,848 |
$14,011 |
$21,390 |
$33,225 |
$121,582 |
$10,983 |
| |
| Contributions Deductions (Schedule A line 19) |
| Returns |
15
(3.0%) |
49
(17.8%) |
101
(33.4%) |
165
(62.3%) |
139
(74.3%) |
439
(91.5%) |
705
(96.8%) |
1,125,459
(36.4%) |
| Return Average AGI |
$159 |
$3,171 |
$12,848 |
$38,653 |
$66,070 |
$132,408 |
$995,268 |
$51,363 |
| Average Deduction |
$36 |
$200 |
$623 |
$1,309 |
$1,866 |
$4,417 |
$33,516 |
$1,276 |
| |
| Taxes Paid Deductions (schedule A line 9) |
| Returns |
51
(10.2%) |
70
(25.5%) |
119
(39.4%) |
181
(68.3%) |
153
(81.8%) |
458
(95.4%) |
723
(99.3%) |
51
(42.1%) |
| Return Average AGI |
$-2,631 |
$4,433 |
$14,901 |
$42,340 |
$75 |
$137,604 |
$1,010,841,970 |
$25,685,959 |
| Average Deduction |
$743 |
$1,596 |
$2,781 |
$5,260 |
$9,813 |
$15,171 |
$70,229 |
$4,618 |
| |
| Alternative Minimum Tax (1040 line 45) |
| Returns |
0
(0.0%) |
0
(0.0%) |
0
(0.0%) |
0
(0.0%) |
0
(0.0%) |
121
(25.2%) |
538
(73.9%) |
138,982
(4.5%) |
| Average |
$0 |
$0 |
$0 |
$0 |
$0 |
$721 |
$8,148 |
$235 |
| |
| Income Tax Before Credits (1040 line 46) |
| Returns |
207
(41.2%) |
207
(80.7%) |
207
(93.4%) |
207
(97.7%) |
207
(98.4%) |
207
(99.8%) |
207
(100.0%) |
207
(81.9%) |
| Average |
$151 |
$822 |
$2,947 |
$6,019 |
$9,118 |
$19,090 |
$228,114 |
$10,539 |
| |
| Total Tax (1040 line 61) |
| Returns |
249
(49.6%) |
212
(77.1%) |
272
(90.1%) |
256
(96.6%) |
179
(95.7%) |
480
(100.0%) |
728
(100.0%) |
249
(79.8%) |
| Average |
$245 |
$1,065 |
$3,175 |
$6,294 |
$9,588 |
$20,431 |
$228,815 |
$10,604 |
| |
| Average Adjusted Gross Income |
$60 |
$17,440 |
$36,950 |
$61,683 |
$88,091 |
$144,079 |
$1,017,846 |
$71,108 |
| Effective Tax Rate |
24.5% |
106.5% |
317.5% |
629.4% |
958.8% |
2043.1% |
22881.5% |
1060.4% |
| |
| Earned Income Credit (1040 line 64a) |
| Returns |
40
(8.0%) |
23
(8.4%) |
12
(4.0%) |
0
(0.0%) |
0
(0.0%) |
0
(0.0%) |
0
(0.0%) |
40
(10.2%) |
| Average |
$78 |
$200 |
$46 |
$0 |
$0 |
$0 |
$0 |
$167 |
| |
| Paid Preparer |
| Number |
327 |
166 |
169 |
162 |
111 |
309 |
569 |
1,813,337 |
| % of returns |
65.1% |
60.4% |
56.0% |
61.1% |
59.4% |
64.4% |
78.2% |
58.6% |
| |
|
|
|
Lincoln, MA, 01773 Income |
|
