T40 - Individual income tax - Maryland (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$822,444
1994
Q2 1994
$607,145
1994
Q3 1994
$623,311
1994
Q4 1994
$864,167
1995
Q1 1995
$815,541
1995
Q2 1995
$1,097,468
1995
Q3 1995
$650,719
1995
Q4 1995
$891,607
1996
Q1 1996
$764,686
1996
Q2 1996
$1,177,884
1996
Q3 1996
$750,652
1996
Q4 1996
$928,267
1997
Q1 1997
$772,463
1997
Q2 1997
$1,317,178
1997
Q3 1997
$1,022,223
1997
Q4 1997
$1,029,660
1998
Q1 1998
$875,758
1998
Q2 1998
$1,211,518
1998
Q3 1998
$1,082,010
1998
Q4 1998
$1,030,817
1999
Q1 1999
$849,650
1999
Q2 1999
$1,215,984
1999
Q3 1999
$1,125,242
1999
Q4 1999
$1,078,556
2000
Q1 2000
$937,031
2000
Q2 2000
$1,472,374
2000
Q3 2000
$976,543
2000
Q4 2000
$1,175,246
2001
Q1 2001
$956,595
2001
Q2 2001
$1,615,690
2001
Q3 2001
$1,275,329
2001
Q4 2001
$1,216,485
2002
Q1 2002
$835,688
2002
Q2 2002
$1,376,866
2002
Q3 2002
$1,265,540
2002
Q4 2002
$1,284,427
2003
Q1 2003
$839,409
2003
Q2 2003
$1,292,484
2003
Q3 2003
$1,340,657
2003
Q4 2003
$1,376,217
2004
Q1 2004
$1,090,030
2004
Q2 2004
$1,470,940
2004
Q3 2004
$1,492,959
2004
Q4 2004
$1,547,812
2005
Q1 2005
$940,570
2005
Q2 2005
$1,680,151
2005
Q3 2005
$1,551,439
2005
Q4 2005
$1,599,649
2006
Q1 2006
$1,017,027
2006
Q2 2006
$1,983,251
2006
Q3 2006
$1,550,977
2006
Q4 2006
$1,717,397
2007
Q1 2007
$1,160,051
2007
Q2 2007
$2,250,744
2007
Q3 2007
$1,566,687
2007
Q4 2007
$2,184,427
2008
Q1 2008
$1,207,894
2008
Q2 2008
$2,872,968
2008
Q3 2008
$1,758,397
2008
Q4 2008
$1,881,783
2009
Q1 2009
$1,098,967
2009
Q2 2009
$2,124,397
2009
Q3 2009
$1,566,625
2009
Q4 2009
$1,799,154
2010
Q1 2010
$945,647
2010
Q2 2010
$1,888,866
2010
Q3 2010
$1,314,725
2010
Q4 2010
$1,897,509
2011
Q1 2011
$1,067,091
2011
Q2 2011
$2,365,637
2011
Q3 2011
$1,462,106
Code: T40 Individual Income Taxes
Definition: Taxes on individuals measured by net income and taxes on special types of income (e.g., interest, dividends, income from intangible property, etc.).
Includes: For local governments, includes wages, salaries, and other compensation earned by both residents and nonresidents, that are subject to tax collections by the reporting government.
Excludes: Taxes using income from intangible property as a measure of its value as of assessment date (report at Property Taxes, code T01); income taxes on unincorporated businesses (report at Corporation Net Income, code T41); payroll taxes to finance insurance trusts programs, such as Social Security taxes (report at appropriate Social Insurance Trust Revenue code); and city gross earnings taxes (report at Taxes, NEC, code T99).
Special Consideration: This category includes combined individual and corporation income taxes where proceeds could not be separated in older, historical data.
Category: Income Taxes
Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).
Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.
Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.
About this application: This application presents data from the US Census Quarterly Summary of State and Local Government Tax Revenue. The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This quarterly survey has been conducted continuously since 1962. The information contained in this survey is the most current information available on a nationwide basis for government tax collections.
