By the numbers: Oklahoma's 2010 tax figures

By the numbers: Oklahoma's 2010 tax figures

Oklahoman Published: September 24, 2012
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By the numbers: Oklahoma's 2010 tax figures


by Chris Casteel
Washington Bureau
Chris Casteel began working for The Oklahoman's Norman bureau in 1982 while a student at the University of Oklahoma. After covering the police beat, federal courts and the state Legislature in Oklahoma City, he moved to Washington in 1990, where...
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BY THE NUMBERS

Oklahoma's 2010 tax figures

$79.5 billion

Total adjusted gross income

$8.86 billion

Federal income taxes owed for that tax year

1,590,384

Total number of returns filed

1,020,175

Total number of returns owing taxes for 2010

2,405

The number of returns filed with adjusted gross income of $1 million or more

$6.8 billion

The total adjusted gross income for those 2,405 returns — about 9 percent of the total income in the state

$2.8 million

The average income of those 2,405 returns

$1.6 billion

The federal income tax owed on those 2,405 returns — about 18 percent of the total federal income taxes paid in Oklahoma

688,148

The number of returns filed with adjusted gross income of less than $25,000

$6.9 billion

The total adjusted gross income for those 688,148 returns — about 9 percent of the total income in the state

$10,027

The average income of those 688,148 returns

$159 million

The total federal income tax owed on those 688,148 returns — about 2 percent of the total taxes owed in the state

114,232

The number of returns filed that reported

unemployment compensation

15

The number of those 114,232 returns that had adjusted gross income over $1 million

12,730

The number of returns that reported income over $75,000

Nearly 340,000

The number of returns that claimed charitable contribution deductions, topping $2 billion

More than 320,000

The number of returns that claimed mortgage interest deductions, topping $2.4 billion

More than 297,000

The number of filers who claimed the child tax credit, which was worth nearly $363 million

More than 1.2 million

The number of filers in Oklahoma who got the Making Work Pay tax credit, which was part of the 2009 stimulus bill, and was worth $661 million to Oklahomans that year

Nearly 360,000

The number of filers who claimed the earned income credit, worth $804 million

More than 317,000

Of those nearly 360,000, the number of filers who got refundable credits, totaling $713 million

Source: 2010 IRS figures

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